Former US Treasury Secretary Timothy Geithner will be joining global private equity firm Warburg Pincus LLC in March. Geithner became notable for his role during the US financial crisis.
Wall Street
Both Wall Street and Silicon Valley await how the market responds to Twitter's IPO.
Mobile advertising revenues would play a huge role in Facebook's continued favor with investors, a Reuters report said.
Bankers might be disappointed with Wall Street as firms would be setting aside more money for investors.
Tweeter Home Entertainment Group was assigned a new trading symbol to avoid investor confusion when Twitter Inc. would start its public offering debut.
US stocks fell that marked an extended two weeks of losses following the partial shutdown of the US government over budget issues, said a Reuters report.
Two hours prior to a midnight deadline to avert a US federal shutdown, US stocks closer lower on Monday.
Orders for US manufactured goods declined in August which showed a possible sign of companies holding back their investments due to uncertainties in US government spending.
The 'Lehman Weekend' was the height of the financial crisis five years ago and may be repeated if 'shadow banking' would be allowed to continue without regulatory action.
181,000 gallons of asphalt that belonged to Goldman Sachs was burned after an explosion occurred at Elk Grove refinery.
Facebook Inc. stock had reached another milestone following a rocky debut on Wall Street last year.
Analysts suggested a share in Apple worth nearly USD500 is a better buy than the company's USD500 iPad.
According to analysts, valuing BlackBerry right now is impossible considering the company's struggles.
Investors examined Facebook's price to earnings ratio and found that US$38 each share was overvalued.
ServiceNow's CEO said the company continued to grow because they don't have many rivals.
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