Norwegian Cruise Line is set to join cruise operators Royal Caribbean and Carnival in the publicly traded space. More
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UBS
Why Gold MUST Go Higher
A possible reassessment of gold as a liquid asset used in capital requirements under Basel III could play a critical role in its pricing movements More
Barclays to Cut 2,000 Investment Banking Jobs
Barclays may eliminate up to 2,000 jobs at its investment banking unit, mostly in Europe and Asia, under a restructuring plan. More
Wall Street Bonuses Expected to Be Lowest Since 2008
The average holiday bonus for Wall Street workers is expected to fall to the lowest level since 2008 this year. More
Oil Reserves? These Guys Have ‘Em
Increasing oil output is becoming exceedingly more difficult for oil majors, which could spur outright buys of smaller companies with proven reserves. More
Time Warner Cable Threatens to Drop Channels
The CEO of Time Warner Cable says that his company will drop low-rated cable channels in order to cut rising programming fees. More
Former UBS Trader Sentenced to 7 Years for Fraud
A former London-based derivatives trader for UBS has been sentenced to seven years in jail after a jury convicted him of two counts of fraud. More
