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Facebook Losses Slice UBS Profits
The fallout over Facebook Inc.'s initial public offering escalated Tuesday as UBS AG went on the attack against Nasdaq OMX Group Inc., NDAQ -0.08 % blaming the stock-exchange operator for trading flubs that erased a sizable chunk of its second-quarter ...
Why There Are Too Many Patents in America
U.S. patent law confers a monopoly (in the sense of a right to exclude competitors), generally for 20 years, on an invention that is patented, provided the patent is valid -- that is, that it is genuinely novel, useful, and not obvious.
Economic Growth Idea: Forgive or Restructure Debt US Citizens Hold
The highly tempestuous debates between Keynesians and deficit-hawks distract from the real cause of America's Great Recession and from the solution.
Under a Blood Red Sky
The Atlantic's James Fallows already has said it best: for those of us not directly involved in Friday's mass murder, perhaps the most distressing thing to contemplate today is the realization that we are virtually powerless to prevent it from ...
Wife of Convicted Ex-Credit Suisse Broker Seeks Assets
... identifying any of the firms. The FSA is seeking to levy more civil fines, she said. Royal Bank of Scotland Group Plc, UBS AG, Lloyds Banking Group Plc and Deutsche Bank AG are among the lenders regulators in Europe, Asia and the U.S. are ...
US Treasury chief urged Mervyn King in 2008 to reform Libor to prevent ...
The Bank of England Governor was drawn into the scandal that has engulfed Britain's banks yesterday as documents suggested US authorities warned him about potential rate-fixing more than four years ago. Sir Mervyn King was sent a private email by ...
A Rocky Mountain Low
DENVER—Developers of a posh Four Seasons hotel-and-condominium project have come up with an effective strategy for turning around condo sales in a tough market: cut prices by as much as 60%.
Bank of America, UBS, Wells Fargo Lead Wealth Manager Ranking
July 18 (Bloomberg) -- Bank of America Corp. kept its lead in a ranking of the world's 20 biggest wealth managers in 2011, while UBS AG climbed one place into second position, according to Scorpio Partnership. Wells Fargo & Co., another of the eight U ...
All Politics Is National
If there is a dominant conceit among commentators on American politics, it is that national politics are somehow artificial when compared with the rich, grounded reality of our state and local democracies.
Has 'Organic' Been Oversized?
Mr. Potter was allowed to voice his objections to carrageenan for three minutes before the group, the National Organic Standards Board.