Bank-run fears: Big withdrawals prohibited

by -NO AUTHOR- -- (Huffington Post) HSBC have been accused of quizzing customers withdrawing large sums on cash on what they want to spend it on - and demanding proof of what more…

PepsiCo, Nestle investing $6 billion in Mexico

by -NO AUTHOR- -- (BusinessWeek) PepsiCo Inc. (PEP:US) and Nestle SA (NESN) announced plans to invest $6 billion in Mexico as the lure of faster growth in Latin America's second-largest economy trumps more…

Taxpayers on hook for unexpected insurer costs

by -NO AUTHOR- -- (Reason) In recent weeks, health insurers have sounded less than enthusiastic about Obamacare. At a health industry investor's conference last week, the head of Cigna warned that his more…

Dow plunges 318 points – drops 3.5% for week

by -NO AUTHOR- -- (USA Today) U.S. stocks continued their slide Friday, tumbling sharply as jittery investors reacted to continuing turbulence in emerging markets. The Dow Jones industrial average dropped back below more…

Herbalife tanks after senator calls for probe

by -NO AUTHOR- -- (CNN/Money) Shares of Herbalife (HLF) sank 13% and close down 10% Thursday after U.S. Senator Ed Markey, a Democrat from Massachusetts, said he has called on the Securities more…

Moody's slashes outlook on insurers

by -NO AUTHOR- -- (Washington Examiner) Credit ratings firm Moody's Investors Service on Thursday lowered its outlook for health insurers to "negative" from "stable," citing "uncertainty" swirling around the rollout of President more…