In the suit, the state’s attorney general asserted that Standard & Poor’s, Moody’s and Fitch Ratings provided misleading ratings that led to hundreds of millions of losses for state funds.
Analysts and executives are wondering if the economic model of broadcast television, which is more heavily reliant on advertising than cable, is irreparably broken.
Any Hershey offer would need to be at least $17 billion and would break from the financial conservatism that has long defined the American chocolate giant.
Even as the British economy seems to be improving, some analysts worry that its underlying structural flaws could mean the country won’t be able to sustain its recovery.
A variety of economists say that economic stimulus legislation is helping an economy in free fall a year ago to grow again and shed fewer jobs than it otherwise would.
The Pentagon is considering providing more planes for flight tests to try to reduce the possibility of large cost overruns over the next several years.
The sides appear to be at least $500 million apart on how to value NBC Universal, which G.E. is hoping to sell to Comcast, the big cable television company.
It’s a measure of Oprah Winfrey’s outsize stature that the news that she would shut down “The Oprah Winfrey Show” in September 2011 buckled the media world.
In a move to prepare the ground to unwind emergency liquidity measures, the European Central Bank has tightened rules for collateral it accepts against loans.
The authorities are expanding access to journalists who don’t belong to cartel-like media groups that analysts say have produced a relatively spineless press.
The central bank upgraded its economic assessment, setting itself up for a confrontation with a government pressing for a policy response to deflation.
The clothing retailer reported lower-than-expected quarterly revenue and gave a cautious forecast for the current holiday quarter, sending shares down.