Finance news

He is Tiger Inc. Hear him roar.
Multi-million dollar contracts. An estimated $100 million (U.S.) in endorsements per year. More than $92 million from PGA career tournament winings. Ballooning PGA ticket sales and TV viewership levels.
Tiger Woods was, until now at least, a thoroughly unpolarizing sponge for corporate money who, according to Forbes magazine, […]

Filed under: technology by Finance Boss
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AIG announced Tuesday that it completed a deal wiping out $25 billion of its debt to taxpayers by selling stakes in two subsidiaries to the Federal Reserve Bank of New York.
The troubled insurer gave the New York Fed preferred shares of two of its international life insurance companies, including $16 billion of American International […]

Filed under: economics by Finance Boss
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The U.S. manufacturing sector grew for the fourth straight month in November, though at a slower pace, and questions remain about the staying power of the incipient economic recovery.
Signs the housing market was bouncing back in October were also tempered by a flat reading for construction spending for that month in other data reported […]

Filed under: business by Finance Boss
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Glitzy Dubai may face a debt crisis that has sent a shudder through global markets, but you wouldn’t know it from officials or local media.
World leaders have commented on the crisis — but not those in the United Arab Emirates itself, where authorities have said little as UAE markets fell and the central bank […]

Filed under: legal by Finance Boss
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