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Bangladesh chides Clinton for microlender commentsupdated: Wed May 09 2012 02:12:00

A senior Bangladeshi minister has said that comments by U.S. Secretary of State Hillary Clinton about the globally acclaimed microlender Grameen Bank and its founder were "unwarranted."

Microcredit pioneer, Nobel laureate steps down from Bangladeshi bankupdated: Thu May 12 2011 20:18:00

Nobel laureate Muhammad Yunus has resigned as managing director of the bank he founded in Bangladesh a week after the country's supreme court rejected his appeal to keep his post.

Bangladeshi court rejects microcredit pioneer's appealupdated: Tue Apr 05 2011 07:36:00

Bangladesh's Supreme Court has rejected an appeal by Nobel laureate Muhammad Yunus to keep his position as managing director of the bank he founded.

Bangladesh asked to find a compromise to end bank crisisupdated: Wed Mar 23 2011 08:27:00

The Bangladeshi government has been asked to find a compromise to bring an end to the Grameen Bank crisis created by removing its founder, microcredit pioneer Muhammad Yunus.

Bangladeshi court sets date for microcredit pioneer's appealupdated: Thu Mar 10 2011 08:14:00

A day after the High Court upheld the removal of Nobel Peace laureate Muhammad Yunus from his position as managing director of Grameen Bank, the appellate court in Dhaka on Wednesday set a new date to hear his petitions.

Bangladesh court upholds removal of Nobel laureateupdated: Wed Mar 09 2011 01:23:00

Bangladesh's top court Tuesday upheld the central bank's decision to remove Nobel laureate Muhammad Yunus from his post at the pioneering bank he founded.

Bangladesh tries again to oust Nobel laureate from bank postupdated: Wed Mar 02 2011 11:20:00

It's not often that a Nobel Peace Prize laureate gets fired, but the Bangladeshi government said Wednesday it did just that in dismissing Muhammad Yunus from a top post in the pioneering bank he founded.

'Banker to the poor' says he won't quitupdated: Wed Feb 16 2011 15:20:00

Muhammad Yunus won a Nobel Peace Prize for the Bangladeshi bank he founded but now he finds himself in a bitter fight to retain his job.

Nobel laureate's concept under attackupdated: Wed Feb 16 2011 15:20:00

A Nobel Peace Prize-winning idea to alleviate the poor is under attack, as is the man who won the prize.

Bangladesh urges bank founder to quitupdated: Wed Feb 16 2011 08:07:00

The Bangladeshi government has called on Nobel laureate and microcredit pioneer Muhammad Yunus to retire from the bank he founded nearly three decades ago to help the poor, but he has said no.

Bangladeshi Nobel laureate faces fresh legal trouble at homeupdated: Fri Jan 28 2011 06:06:00

Nobel laureate Muhammad Yunus faced fresh legal trouble in his home country of Bangladesh on Thursday, accused of producing "substandard" yogurt meant for the poor, officials said.

Rant against politicians lands Nobel laureate in court in Bangladeshupdated: Tue Jan 18 2011 15:22:00

Micro-credit pioneer and Nobel Peace Prize winner Muhammad Yunus appeared in a Bangladesh court Tuesday on a defamation charge for reportedly criticizing politicians four years ago, court officials said.

Nobel-winning microcredit bank comes under scrutinyupdated: Fri Jan 14 2011 20:30:00

Bangladesh has ordered a probe of the Grameen Bank -- founded by Nobel Laureate Professor Muhammad Yunus, the pioneer of microcredit -- following media allegations that donor's funds were inappropriately transferred.

How a dollar can buy dignity and powerupdated: Sun Nov 07 2010 10:03:00

One evening, when I was 24 years old, I heard Dr. Muhammad Yunus speak to a small classroom of Stanford University students. I was not a student at the time, so I crashed the lecture and sat quietly on the steps in the back of the room. What I heard that night changed my life.

Jessica Jackley: Poverty, money and loveupdated: Sun Nov 07 2010 10:03:00

The co-founder of Kiva.org talks about how her work with microloans has brought new power to people living in poverty.

Fortune: Can microfinance be both moral and profitable?updated: Thu Aug 19 2010 22:52:00

There's a debate brewing in the world of do-gooder banking, pitting the father of microfinance Muhammad Yunus against a few entrepreneurs who have put an unlikely spin on Yunus' model of lending to the poor.

Fortune: High frequency traders' next target: the speed of lightupdated: Wed May 19 2010 13:56:00

Observations, questions, and commentary on today's business news headlines:

Medal of honor awardedupdated: Wed Aug 12 2009 22:03:00

Sixteen people ranging from politicians to athletes receive the medal of honor from President Obama.

Obama presents 16 with Presidential Medal of Freedomupdated: Wed Aug 12 2009 22:03:00

A pioneer, a preacher, an activist and an athlete were among 16 people who President Obama honored Wednesday with the Presidential Medal of Freedom, the nation's highest civilian honor.

Concept for world's poor aids richest nation on earthupdated: Thu May 22 2008 07:57:00

A bank operating on a concept that has lifted thousands of people out of grinding poverty in the developing world has set its sights on helping the poverty-stricken in America.

Banker to the poor arrives in NYCupdated: Thu May 22 2008 07:57:00

A Nobel Peace Prize winner has opened a bank to help the poor in New York City, as CNN's Richard Roth reports.

Fortune: Muhammad Yunus on tech, profit and the poorupdated: Fri Apr 04 2008 07:13:00

"Technology is making more changes in our way of life than ever in human history," says Muhammad Yunus. "The way the Internet and the mobile phone are spreading, you cannot compare with any technology of the past." Yunus is known for his visionary leadership in microfinance and helping the poor. He and the Grameen Bank he founded won the Nobel Peace Prize in 2006. Now he wants to see the tech industry work more explicitly to empower the poor.

Your dreams and inspirationsupdated: Mon Mar 17 2008 08:21:00

When we asked you last week to share your dreams with us, some of the most inspiring responses came from the world's poorest countries.

The benevolent middlemenupdated: Fri Feb 29 2008 14:29:00

Microfinance is one of the hottest topics in development, all the more so since Muhammad Yunus, the Bangladeshi pioneer of the practice, won the 2006 Nobel Peace Prize.

CNN Heroes: Meet the Blue Ribbon Panelupdated: Fri Dec 07 2007 00:17:00

CNN has named 15 distinguished leaders, luminaries and humanitarians to its Blue Ribbon Panel, which will select the most outstanding CNN Heroes from 18 finalists.

Muhammad Yunusupdated: Tue Nov 20 2007 00:18:00

CNN's Anjali Rao talks to Nobel Peace Prize winner Muhammad Yunus about his pioneering work in microcredit.

Interview with Muhammad Yunusupdated: Tue Nov 20 2007 00:18:00

Muhammad Yunus received the Nobel Peace Prize in 2006 for his pioneering work in microcredit, which has helped millions of people out of the poverty cycle. The first businessman ever to receive such a high honor, Yunus and the Grameen Bank he founded revolutionized conventional ways of banking, creating a system of lending money to the poor, mostly women.

Fortune: Nobel winner at war with Norway partnerupdated: Thu Mar 15 2007 13:06:00

When Muhammad Yunus traveled to Oslo to receive the Nobel Peace Prize earlier this month, he came prepared to fight for management control over a company he believes is sucking profits from the poo...

Fortune: Saving the world with a cup of yogurtupdated: Thu Mar 15 2007 13:02:00

Along a dirt road in Bangladesh's green, fertile heartland, 140 miles northwest of Dhaka, workers in flip-flops are hauling bricks, pouring cement and hammering boards. The object of their labor: a...

Fortune: PROBLEM NO. 2: HUNGER AND MALNUTRITIONupdated: Mon Mar 05 2007 00:01:00

THE BACKGROUND More than 850 million people live in a state of hunger. Malnutrition kills more people annually than AIDS, malaria, and tuberculosis combined. The majority of the hungry live in the ...

Business 2.0: Problem no. 3: Hunger and malnutritionupdated: Wed Jan 24 2007 14:41:00

The background: More than 850 million people live in a state of hunger. Malnutrition kills more people annually than AIDS, malaria, and tuberculosis combined. The majority of the hungry live in the developing world, especially in India and sub-Saharan Africa.

Fortune: Tools for better livingupdated: Wed Jan 17 2007 15:37:00

The winner of this year's Nobel Peace Prize is Muhammad Yunus, founder of Bangladesh's Grameen Bank and a pioneer of microfinance. Grameen lends small sums to farmers and entrepreneurs. The idea is...

Fortune: Nobel Peace Prize winner itching for a fightupdated: Mon Dec 04 2006 12:43:00

When Muhammad Yunus travels to Norway to receive the Nobel Peace Prize Dec. 10, he will come prepared to fight for management control over a company he believes is sucking profits from the poor of Bangladesh.

Fortune: From microcredit to microcapitalismupdated: Fri Oct 13 2006 12:37:00

Forget billion-dollar development projects. When Bangladeshi economist Muhammad Yunus surveyed a poor village in the mid-1970s and found that all the money borrowed totaled just $27, he set out to ...

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