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In Surprise Move, Wynn Drops Racetrack BidStephen A. Wynn, the Las Vegas gambling impresario, on Wednesday dropped out of the bidding to revive the Aqueduct racetrack in Queens with 4,500 electronic slot machines, just two days before competing operators were to deliver their final offers for the complex. ... |
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BNP and Commerzbank Earnings Part WaysThe earnings of two European banks, BNP Paribas and Commerzbank, painted a stark contrast between the winners and losers of the financial crisis a little over a year after Lehman Brothers fell. ... |
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European Bankers Defend Industry's Profit and PayIt's not exactly Gordon Gekko's "greed is good" speech, but more and more top European bankers are taking a moral tone in defense of their industry's practices and paychecks. ... |
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Fed Sees No Need to Raise Interest Rates SoonThe Federal Reserve signaled on Wednesday it was not close to raising interest rates, saying that the economy remained weak even though the recession appeared to be over. ... |
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E.U. Faces Tricky Decision on Oracle DealThe European Commission must decide in the coming days whether or not to issue formal charges against Oracle's $7.4 billion offer to acquire Sun Microsystems -- and neither of its options looks appealing. ... |
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On-Q-ity Lands $21 MillionOn-Q-ity, a new cancer diagnostics business, announced that it has raised $21 million in venture capital. ... |
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