After Bernanke makes the case for more large bond purchases, Columbia professor argues the Fed has an even more potent tool in its arsenal. Business and financial news – CNNMoney.com
Federal Reserve Chairman Ben Bernanke made his strongest case yet for more easing, during a high-profile speech in Jackson Hole, Wyo., Friday. Business and financial news – CNNMoney.com
A federal jury recommended Apple be awarded more than billion in damages after finding Samsung was guilty of “willful” violations of a number of Apple’s patents in the creation of its own mobile products. Business and financial news – CNNMoney.com
Big banks are finding new ways to cut staff. Analysts estimate that big banks will cut another 10% to 15% of staff by early 2013. Business and financial news – CNNMoney.com
When Royal Dutch Shell sinks five wells off Alaska — slated for next month — it will be the first drilling in U.S. Arctic waters in decades. Business and financial news – CNNMoney.com