02:19pm EST, 02/04/12
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Business News
Citi Hit in Brazilian Hacker Attack
A computer hacker group continued a wave of attacks against Brazilian financial websites, hampering the sites of Citigroup and other prominent institutions.
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With Role Lessened, Loan Chief Exits BofA
Barbara Desoer, a high-profile mortgage executive who once was a candidate to become chief executive of Bank of America, is leaving as the financial giant retreats from the home-loan business.
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Upbeat Beam Sees Glass as Half-Full
Spirits maker Beam, which posted better-than-expected earnings, expects established brands and new flavors to help it outperform the broader category's growth this year.
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Facebook and the St. Petersburg Paradox
Investors thinking about Facebook should consider a mathematical riddle that shows how growth stocks can get overvalued so easily.
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Oil Partnerships Keep Rolling
A quirky and complex investment class called master limited partnerships has been one of the market's best performers of late.
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