| | Bernanke suddenly no friend to big bond funds | NEW YORK (Reuters) - Ben Bernanke, the central bank chief whose massive stimulus program drove bond yields to historical lows and minted a mountain of profit for fixed-income funds along the way, is now the arch nemesis of bond mavens. | | | | | Wall St tumbles on Fed's stimulus plan | NEW YORK (Reuters) - Stocks tumbled on Thursday, with the S&P 500 posting its biggest daily decline since November 2011, as investors reacted to the Federal Reserve's plan to begin winding down its stimulus program later this year if economic conditions permit. | | | | | | Oracle's new software sales disappoint | SAN FRANCISCO (Reuters) - Oracle Corp reported a 1 percent increase to $4 billion in new software sales and Internet-based software subscriptions for the quarter, at the low end of its own forecasts, sending its shares sharply lower. | | | | | | Madoff trustee cannot sue big banks, U.S. court rules | NEW YORK (Reuters) - The trustee seeking money for Bernard Madoff's victims suffered a big defeat as a federal appeals court rejected his bid to recover nearly $30 billion from JPMorgan Chase & Co. and other banks he accused of aiding in the swindler's fraud. | | | | | | New Heinz owners shake up management after takeover | (Reuters) - H.J. Heinz Co announced the departure of 11 executives on Thursday in a management shakeup less than two weeks after its new owners, 3G Capital and Berkshire Hathaway Inc , closed their $28 billion acquisition. | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | » MORE NEWSLETTERS | |