Financial Frame

Investments News

Customer ServiceThursday, July 2, 2009 @ 7:27PMWASHINGTON - Three Illinois banks were shuttered Thursday as government regulators proposed new rules for private equity firms seeking to take over failed banks.

Biotechs see light at end of tunnelThursday, July 2, 2009 @ 7:24PMSome of Europe's cash-strapped biotech companies may just be able to see a light at the end of the tunnel.

PE eyes debt-free dealsThursday, July 2, 2009 @ 7:23PMBuyout firms are eyeing minority stakes in publicly listed companies as sparse credit conditions prompt them to look for deals requiring no leverage -- although they still want private-equity style returns.

The game of nationsThursday, July 2, 2009 @ 7:23PMThere is a difference between the outlook of a secular generation of Iranian youth, yearning for a life in which religion (in the form of a clergy directing a theological state) refrains from meddling in their personal lives and individual fates as citizens, and the foreign and domestic policy considerations of the reformist trend.

Watch sales drop 21 percent in MayThursday, July 2, 2009 @ 7:23PMRandolph, N.J.--According to the LGI Network's June Time Tracker Newsletter, watch sales in May experienced a steeper decline than in April, but a more modest decline than seen in the first three months of the year.

Henry Henderson: Chicago River: From open sewer to crown jewel?Thursday, July 2, 2009 @ 7:21PMThis year marks the 100th anniversary of Daniel Burnham’s iconic Plan of Chicago.  The Plan re-imagined the American industrial city, identifying and prioritizing open...

Resilience in times of crisisThursday, July 2, 2009 @ 7:19PMNo sooner does Egypt adapt itself to a global economic system than new realities emerge. The race goes on, dictating a necessity to adopt new strategies to deal with these new realities.

7 more banks fail as FDIC mulls rules for salesThursday, July 2, 2009 @ 7:17PM(AP:WASHINGTON) Six Illinois banks and one bank in Texas were shuttered Thursday as government regulators proposed new rules for private equity firms seeking to take over failed banks.

Bleak payrolls report mauls Wall St; volume thinThursday, July 2, 2009 @ 7:12PMNEW YORK – Stocks tumbled on Thursday, driving the S&P 500 down to its third-straight weekly loss, as a steeper-than-expected slide in June non-farm payrolls revived caution about economic recovery prospects.