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Reporting from Washington - The White House and labor leaders agreed Thursday on a formula to tax high-cost insurance plans, removing one of the last obstacles to President Obama's healthcare overhaul, officials said. Under the agreement, reached ...
Gibson Energy raised US$200-million through an offering of eight-year senior notes. The non-investment grade issuer (it's rated B-) was required to pay 10.50%, or 724 basis points above comparable U.S. treasuries for the capital. Investors, no doubt ...
NEW YORK (AP) — The Dow Jones industrial average closed above 10,700 for the first time in 15 months on Thursday as investors bet that the corporate earnings season would overcome a rocky start. The advance was slightly uneven, with technology ...
Jan. 15 (Bloomberg) -- The cost of insuring against losses on European corporate bonds fell, according to traders of credit-default swaps. Contracts on the Markit iTraxx Crossover Index of 50 companies with mostly high-yield credit ratings dropped 6 ...
Jan. 15 (Bloomberg) -- Japan’s central bank may see escalating political pressure to act against deflation as the government seeks to remove the threat of a recession relapse before a parliamentary election in July. Finance Minister Naoto Kan , in ...
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