U.S. finance companies saw their performance improve even as the overall economy stumbled in the second quarter, according to an industry report from Standard & Poor’s Ratings Services. Lower credit costs and favorable funding markets allo

The former chief financial officer of a major U.S. home builder accused of committing accounting fraud five years ago is giving back roughly $1.4 million in bonuses and stock profits. James O’Leary, the former CFO of Beazer Homes USA Inc., agre

Trading activity has been weak and Wall Street has been overhauling its payment practices. Large trading houses may see 15 percent to 20 percent in compensation being cut. Compensation is the biggest cost in Wall Street and it’s the toughest to tac