Lay fell from pinnacle of the business world
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Kenneth Lay built Enron Corp. into one  of the world&#039;s most powerful energy companies, but the  financial scandals that caused its demise also ruined Lay&#039;s  reputation.
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The $8 billion buyout of audio-equipment maker Harman International Industries collapsed yesterday, the first major private-equity deal to unravel since the current credit turmoil began and a sobering sign for other big takeovers in the works.
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The stocks doomed to failure aren't always the ones you think.
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Enron Corp. founder Ken Lay, who was   convicted in May of fraud and conspiracy for his part in the   Houston-based company's collapse into bankruptcy in 2001, has   died of a heart attack at his vacation home in Colorado, a   Houston television station reported on Wednesday.
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Northern Rock shares have a turbulent time after a week in which its stock tumbled in the wake of a credit crisis.
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Sale process for stricken bank in disarray as private equity firm fails to submit an offer
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A company that once symbolized European integration and competitiveness has suffered a fall thanks to hubris, haste, inattention and obfuscation.
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Many investors fall behind because they misunderstand.
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The problems of others hit the stock where it hurts.
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Investment bank misses estimates as trading income plunges, other units fail to pick up the slack. By Rob Cox, Breakingviews. LONDON (Breakingviews) - Morgan Stanley is the first to slip.
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In 2001, Tom Hall, a software project manager laid off during the dot-com implosion, embarked on a round-the-world trip across three continents. He couldn't carry all the travel guidebooks he needed and ended up scouring Kathmandu for a guide to his next destination, Tanzania.
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News had just broken that the country&#39;s top oil producer, Yukos, had fallen to an the obscure company. His man on the spot seemed just as mystified.
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The collapse of the fabled Levitt & Sons, the first big home builder to fail in the current slump, illustrates how the real estate turmoil is spreading far beyond subprime borrowers.
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SYDNEY: The top two executives of James Hardie Industries NV stepped down today, a week after a government inquiry found the company broke the law and lied to thousands of asbestos victims and financial markets.
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Eaton Vance Corp. , the conservative Boston investment firm, looked like a company situated in exactly the right spot for the times. Then the earth moved, and some its fans aren't so sure anymore.
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Perks have been gradually disappearing for investors.
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The heavy equipment maker bulldozes over widespread worry about the economy.