Goldman Sachs Group Inc. said Tuesday it is teaming with billionaire investor Warren Buffett to invest $500 million to provide thousands of small business owners across America with college scholarships and boost their access to capital.
Wall Street giant Goldman Sachs Group is launching an initiative to help the nation's small businesses realize their growth and job-creation potential.
Wilhelmina International, Inc. today reported total revenues of $9.4 million and $22.8 million during the three and nine months ended September 30, 2009, respectively, compared to $0 during the three and nine months ended September 30, 2008.
Goldman Sachs on Tuesday apologised for its role in the financial crisis and pledged $500m - or about 2.3 per cent of its estimated bonus and salary pool for 2009 - over five years to help 10,000 small businesses across the US recover from the recession.
The bank recently redeemed its investment with Claren Road Asset Management after helping launch the hedge-fund firm in 2005, according to two people familiar with the matter.
Fortinet Inc. plans to go public Wednesday in an initial public offering, giving investors a chance to tap a network security provider with sales expected to grow.
Investors are wondering if Target and Home Depot are 'playing mind games' after both warned on their outlooks yet posted quarterly profits that handily topped estimates.
Congress ought to clarify if a proposed super-regulator of the U.S. financial system should be an overlapping overseer of securities and futures exchanges, the chief futures regulator said on Tuesday.
Congress ought to clarify if a proposed super-regulator of the U.S. financial system should be an overlapping overseer of securities and futures exchanges, the chief futures regulator said on Tuesday.
Economists should sometimes think like nanoscientists. Very small particles of a substance often behave quite differently to larger chunks. So, too, the US economy. While it appears to be recovering in aggregate, many small businesses are suffering an entirely different experience.
Lazard Ltd. on Tuesday appointed Kenneth M. Jacobs as CEO and chairman, choosing a longtime executive at the investment advisory firm to fill vacancies from last month's sudden death of Chairman and CEO Bruce Wasserstein.
European Union securities regulators will complete their review of "dark pool" share trading venues by year end and may ask the bloc's executive to take speedy action, a top supervisor said on Tuesday.
WESTPORT, Conn.----Advanced BioHealing, Inc. , a leader in commercializing the promise of regenerative medicine, announced that it has initiated a pivotal trial of Dermagraft® in subjects with venous leg ulcers to assess the product’s safety and efficacy in the promotion of healing venous leg ulcers .
UBS boss Oswald Gruebel is targeting an annual pretax profit of 15 billion Swiss francs as he aims to put the subprime crisis and a U.S. tax row behind the loss-making bank and win back clients.
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