Fed officials leery of unconventional policies

The Federal Reserve's unprecedented dose of stimulus to the economy during the recent financial crisis complicates the task of pulling back when the time is right, top central bank officials said on Friday.

MGM creditors to discuss standalone plan

Metro-Goldwyn-Mayer's steering committee will meet with creditors to present a stand-alone plan for the famed studio next week, sources familiar with the matter said.

AT&T sees $1 billion healthcare related charge

AT&T Inc <T.N> said on Friday it would record a $1 billion non-cash charge for the current quarter related to the new U.S. health care reform law, as lawmakers called on the company and three other large employers to testify about expected cost hikes.

Bankers named suspected conspirators in muni case

Nearly 30 bankers from more than a dozen financial companies have been named by the federal government as suspected co-conspirators in a broad investigation into pricing of certain municipal derivatives, according to court documents.

AT&T sees Q1 $1 billion healthcare related charge

AT&T Inc <T.N> said on Friday it would record a $1 billion non-cash charge for the current quarter related to the new U.S. health care reform law signed by President Barack Obama this week.

Economic growth revised slightly lower in Q4

The U.S. economy grew at a slightly less brisk pace in the fourth quarter than previously estimated and the momentum is expected to slow this year as a boost from inventories fades.

Wall Street flat on Korea nerves, Oracle hurts Nasdaq

The Dow and S&P ended flat on Friday, giving back earlier gains after the sinking of a South Korean naval ship, while tech shares' weakness kept the Nasdaq in slightly negative territory.

Wall Street ends flat on Korea worries, GDP drags

The Dow and the S&P 500 ended flat on Friday, giving back earlier gains after the sinking of a South Korean naval ship, while weakness in tech shares kept the Nasdaq in slightly negative territory.

New U.S. retirement plan rules could hit brokers

Proposed regulations that restrict how financial advisers can work with company retirement plans could send brokers advising small businesses scuttling out of the market.

Bankers named as suspected conspirators in muni case

Nearly 30 bankers from more than a dozen financial companies have been named by the federal government as suspected co-conspirators in a broad investigation into pricing of certain municipal derivatives, according to court documents.

Euro zone's Greek deal wins muted approval

Euro zone leaders won muted approval from financial markets on Friday for a "band aid" agreement to create a safety net for debt-ridden Greece, but a row over the IMF's role flared up just as it had seemed settled.

Fitch: reforms mostly a plus for U.S. bank ratings

Proposed reforms for the financial system should reduce the extent of risk-taking by the biggest U.S. banks and may bolster their ratings, Fitch Ratings said on Friday.