HONG KONG/NEW YORK (Reuters) - Several large U.S. banks undertook big capital-raising efforts on Tuesday, hoping to satisfy regulators who want bigger cushions against a deep recession, or proof that they have enough of a buffer.
Young Negotiators
Young Negotiators
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NEW YORK (Reuters) - Ford Motor Co said on Tuesday that it raised $1.4 billion through a 300 million share offer for $4.75 per share, a move that its chief executive said was an important step toward getting profitable again.
SANTA CLARA, California (Reuters) - Intel Corp's orders and billing patterns so far in the second quarter have been slightly better than expected, the chief executive of the world's largest chip maker said on Tuesday.
NEW YORK (Reuters) - A second person pleaded guilty in a kickback scandal involving New York state's $122 billion pension fund, Attorney General Andrew Cuomo said on Tuesday.
SINGAPORE (Reuters) - The United States is at risk of losing its triple-A credit rating unless it starts putting its finances in order, a former head of the agency in charge of fiscal accountability said in the Financial Times on Wednesday.
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