BlackRock’s Fink Snubs ‘Socialized’ Money-Fund Industry Plan

Laurence Fink, chief executive officer of BlackRock Inc., stands alone among the biggest U.S.

Laurence Fink, chief executive officer of BlackRock Inc., stands alone among the biggest U.S.

Stocks in the smallest developing markets are beating their larger peers by the most in almost five years and Templeton Asset Management Ltd.’s Mark Mobius says they will keep rallying as consumer demand picks up.
Forty-six suicides among workers over two years have given outsiders a crisis to use for their own ends, a former executive contended.
The unemployment rate rose to 10 percent in February.

Dai-ichi Life Insurance Co., Japan’s second-largest life insurer, surged in Tokyo trading after the world’s biggest initial public offering in two years.

Merrill Lynch & Co has discontinued a lawsuit filed against Deutsche Bank AG that alleged Germany’s biggest bank hired Eric Heaton in a raid of bankers from its financial-institutions group.
New figures are expected to confirm that carbon trading isn’t putting the hoped-for financial pressure on major European polluters.
President Obama set out to attract bipartisan support and increase oil production, but the plan may not do either.
The journalist Roger Lowenstein’s anecdotes and analysis cover the lead-up to the financial meltdown and the frantic steps to solve it.
The strains that appeared in January with the revelation that Greece had been hiding its true deficit continued to show Wednesday.