CHARLOTTE, North Carolina (Reuters) - Bank of America Corp Chief Executive Brian Moynihan told Fox Business News on Friday that he supported a $50 billion "orderly liquidation" fund for large U.S. financial firms, but thought it should be built up over time.


Reuters - News Corp's Fox Business Network is in talks with rival network CNBC's former on-air editor Charles Gasparino, according to a person familiar with the matter, as Fox attempts to bulk up on talent on the fledgling business news network.
NEW YORK (Reuters) - News Corp's Fox Business Network is in talks with rival network CNBC's on-air editor Charles Gasparino, according to a person familiar with the matter, as Fox attempts to bulk up on talent on the fledgling business news network.


NEW YORK (Reuters) - Galleon hedge fund founder Raj Rajaratnam and co-defendant Danielle Chiesi asserted their innocence on Monday to charges of securities fraud, in what U.S. prosecutors describe as the biggest hedge fund insider trading case ever.
DETROIT (Reuters) - Ford Motor Co said on Monday it is offering its 41,000 U.S. factory workers buyouts and early retirement offers in a bid to reduce its payroll costs as it aims to return to profit by 2011.
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NEW YORK (Reuters) - U.S. stocks rose on Monday, with the Nasdaq hitting a 15-month high after a healthcare reform bill advanced in the Senate and brokerages upgraded two Dow components on improving profit prospects.
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NEW YORK (Reuters) - The heavy snowstorm that swept the East Coast of the United States over the weekend may have cost retailers the potential for any upside to holiday sales, industry experts said on Monday.
NEW YORK (Reuters) - U.S. banks that spent more money on lobbying were more likely to get government bailout money, according to a study released on Monday.
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WASHINGTON (Reuters) - U.S. pay czar Kenneth Feinberg yielded on Monday to pleas from American International Group to modify terms for a top employee the embattled insurer said was vital to its regaining stability.
DETROIT/SEATTLE (Reuters) - General Motors Co has hired Chris Liddell, the chief financial officer of Microsoft Corp, as its new finance chief, filling a key position with the automaker's highest-profile hire since its July bankruptcy.