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Bank of America: Probably Still Screwed CNBC Brian Moynihan looked and sounded confident this morning as he closed out his first year as President and CEO of Bank of America. [BAC Loading... () ] posted a fourth-quarter net loss of $1.24 billion, or 16 cents a share. Analysts had expected the ... See all stories on this topic »

A Creator Prepares to Take the Reins at Google New York Times By CLAIRE CAIN MILLER SAN FRANCISCO — Things that get Larry Page excited: tossing around programming lingo with engineers, picking the brains of scientists and championing ideas that belong in science-fiction novels, like cars that drive themselves. ... See all stories on this topic »

Dow Rises for Eighth Week in Row TheStreet.com By Shanthi Bharatwaj 01/21/11 - 05:35 PM EST NEW YORK (TheStreet) - The Dow Jones Industrial Average rose on Friday, thanks to an earnings-inspired rally in General Electric(GE), but the Nasdaq Composite continued to slip. The Dow gained 49 points, ... See all stories on this topic » TheStreet.com

DealBook: Facebook Raises $1.5 Billion in New Financing New York Times By MICHAEL J. DE LA MERCED Facebook announced on Friday that it had raised $1.5 billion in new financing led by Goldman Sachs. The investments include $500 million from Goldman Sachs and the Russian investment firm Digital Sky Technologies, ... See all stories on this topic »

Citi CEO Pandit's salary soars to $1.75 million from $1 Reuters Citigroup CEO Vikram Pandit testifies before the Congressional Oversight Panel hearing on the government's assistance to Citigroup in Washington March 4, 2010. By Maria Aspan NEW YORK (Reuters) - Citigroup Inc (CN) Chief Executive Vikram Pandit got a ... See all stories on this topic » Reuters

Regulators shut banks in NC, SC, Ga, Colo The Associated Press WASHINGTON (AP) — Regulators on Friday closed banks in North Carolina, South Carolina, Georgia and Colorado, bringing to seven the number of closures in 2011 following last year's toll of 157 bank failures amid the limping economy and mounting bad ... See all stories on this topic »

Brazilian Rate Rise; Capital Is Flying Down To Rio Forbes (blog) By STEPHEN POPE In my "Global Outlook 2011", see www.spotlightideas.net, I wrote; "…In 2011 the general view is that inflation will gather pace driven by higher food costs. CPI is set to rise by 5.15% which is higher than the June estimate of 5.05%. ... See all stories on this topic » Forbes (blog)

Morgan Stanley named in Galleon case Financial Times By Kara Scannell in New York A Morgan Stanley banker allegedly leaked details of a takeover deal, which was ultimately passed to Galleon Group co-founder Raj Rajaratnam, prosecutors say. The new allegation, which was revealed in a letter sent to Mr ... See all stories on this topic »

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