THE EXETER CONSULTING GROUP

The few and proud Cards fans wonder when Arizona’s drought will end.

Jeffrey Lacker said that his monetary-policy dissent wasn’t directed at the target for short-term rates, but rather at the composition of the Fed’s balance sheet.

Australian Treasurer Wayne Swan said the nation’s budget will be temporarily pushed into deficit by the global financial crisis.

Procter & Gamble’s profit rose 53%, aided by the Folgers sale. But revenue fell 3.2%, and full-year forecasts were cut.

The world may be in the grips of a financial meltdown, but some people at the World Economic Forum apparently still have some change to spare.

To really escape the crowds, it is best to avoid the wide, well groomed trails of the five-mountain Davos Klosters area and head for the back country.

Exxon and Chevron posted profit of $7.82 billion and $4.9 billion, respectively. Exxon is taking a more prominent role in the fight over drilling.

Voting in Iraq for provincial council members progressed relatively smoothly Saturday.

General Motors is cooperating with the Treasury Department and lobbying Congress in hopes of avoiding a multi-billion-dollar tax burden that could be attached to the auto maker’s new restructuring plan.

Hundreds of people assembled to protest against the World Economic Forum at place Mont Blanc in central Geneva on Saturday.

Industries facing severe structural change go through a seven-step progression before they manage to deal with it, said Rita McGrath, an associate professor at Columbia Business School.

“We can’t be like utilities — we are closer to the pharmaceutical industry,” suggested Alessandro Profumo, the CEO of UniCredit Group in Italy.

“Confidence grows at the rate a coconut tree grows, It falls as the rate a coconut falls.”

Would we be in this mess today if it had been Lehman Sisters?
This question, asked by the moderator of one panel here in Davos, certainly hit a nerve with some of the more defensive male participants at the World Economic Forum.
As one senior finance official, who declined to be identified (presumably for fear of being [...]

The Russian president held a surprise meeting on Thursday with the editor of Novaya Gazeta 10 days after a reporter was shot in what was apparently a contract killing.