investment

BP's Hayward in Middle East; Investment Rumors Fly

Embattled BP CEO Tony Hayward traveled to Abu Dhabi to meet business partners, with rumors flying that the company is seeking to raise funds to help the company pay for the clean up operation in the Gulf of Mexico. Hayward arrived in the Emirati capital on Tuesday and plans to stay "a couple of days", company spokesman Andrew Gowers told The Associated Press. Gowers declined to comment on whether or not Hayward would be meeting with investment funds.

Judge Who Nixed Drilling Ban Has Big Oil Investments

U.S. District Judge Martin Feldman, who overturned the Obama administration's temporary ban on deep-water offshore oil drilling, has a lot of his net worth in oil industry companies such as Ocean Energy, Prospect Energy, Peabody Energy, Halliburton and Parker Drilling.

The Dubious Finances of University Endowments

The nonprofit Center for Social Philanthropy reports that many institutions of higher learning were far from innocent victims of the economic downturn. Rather, risky endowment investing played a major role in the financial meltdown.

Daily Blogwatch: Have You Sold Your Soul Lately?

Kudos to Ichiro Suzuki for getting someone else to pay his rent, where to place your chocolate investments, Harvey Pitt weighs in on the SEC's bet against Goldman, and beware the fine print when you buy over the Internet, at least on April 1.

Save for retirement with a 403B plan

So you're working for a school, hospital or other non-profit institution and looking for a retirement savings plan. A 403(b) retirement plan...

Russell 3000 Adds 16 Newly Public Companies

The U.S. broad-market Russell 3000 Index will rebalance with 16 newly public companies at the end of March. It's a welcome increase from the single IPO added in the first quarter of last year, but a drop from the 28 added in the fourth quarter.

Earnings Preview: BofA, Wells and Morgan Stanley

Bank of America and Well Fargo are expected to post losses while Morgan Stanley is seen reporting a profit on Wednesday. Less certain is what the newly minted CEOs at BofA and Morgan Stanley are going to tell investors about vision and strategy.

A new growth...field?

This just in. The International Center for Soil Fertility & Agricultural Development released a press release stating that world fertilizer...