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http://www.bloomberg.com/news/breakingnews/ - Feb 8, 2012 8:27:42 PM - Dec 2, 2004 11:07:04 PM
8,973.42 -42.17 -0.47% 780.02 -2.32 -0.30% 20,910.50 -107.94 -0.51%
1,734.30 +0.17%
1.3258 -0.0209%
98.70
2.010% +0.037
123.00 -0.81%
106.00 -6.19%
Traders can double their money betting Winsway Coking Coal Holdings Ltd.’s $1 billion takeover of a Canadian coal miner won’t be derailed by an allegation the Chinese acquirer’s financial statements aren’t accurate.
Greek Prime Minister Lucas Papademos met with European and International Monetary Fund officials to resolve a dispute over pension cuts that threatens to scuttle a 130 billion-euro ($172 billion) rescue package.
Most China Stocks Advance After Inflation Report; Smallcaps, Staples GainUpdated 14 minutes ago Bank of Korea Holds Rate for Eighth MonthUpdated 18 minutes ago
Oil fluctuated near the highest level in more than a week after a U.S. government report showed refineries processed more crude last week while cutting imports. Brent’s premium to New York prices widened a second day.
China Says Cooperation Still Possible With U.S. on Syria at United NationsUpdated 28 minutes ago Euro Trades 0.2% From Two-Month High as Papademos Meets With CreditorsUpdated 39 minutes ago
Asian currencies declined after Greek debt negotiations stalled and faster inflation in China tempered optimism the region’s central banks will ease policies to shore up economic growth.
Treasuries Rise as Greek Leaders Fail to Agree on Economic Austerity PlanUpdated 43 minutes ago Asian Stocks Fall for First Day in Three on Greek Impasse, China InflationUpdated 47 minutes ago
Fortress Investment Group LLC and Relativity Media LLC were sued by an investor who claimed $44 million in losses from a film financing agreement with Sony Corp.’s movie studio.
Bank of England Governor Mervyn King may pump another 50 billion pounds ($79 billion) into the U.K. economy today as he ramps up protection for a nascent recovery from the threat posed by Europe’s debt crisis.
New York and California agreed to join more than 40 other U.S. states in settling a 16-month investigation of abusive bank foreclosure practices that followed the collapse of the housing bubble, a person familiar with the matter said.
Michael Coleman is suspending a three-decade trading career to focus on risk after a year in which the Merchant Commodity Fund he co-founded lost 30 percent and its assets contracted twice as much.
U.K. to Open Biggest Offshore Wind Farm in $52 Billion ExpansionUpdated 4 hours ago
Stryker Corp., a maker of artificial hips and knees, said Stephen MacMillan resigned as the company’s chairman, chief executive officer and president, effective immediately.
It’s called “Godzilla,” and the nickname is apt. The Nissan GT-R is fully capable of frightening children and terrorizing cities.
Man-Eating Lion, Mystery Trains Beguile Gerhard Richter: Catherine HickleyUpdated 4 hours ago Kate’s Dress, Olympic Torch, Crazy King George, Black Keys: London WeekendUpdated 4 hours ago Callas Battles Onassis as Tyne Daly Plays Diva: London StageUpdated 4 hours ago
Gervinho scored the only goal as Ivory Coast beat Mali to set up an Africa Cup of Nations final against Zambia, which upset Ghana 1-0 in the other semifinal.
Barcelona Reaches Spanish Cup Final; Juventus Wins at Milan in Italian CupUpdated 4 hours ago Real Madrid Heads Soccer’s Money League as Schalke, Tottenham Boost SalesUpdated 4 hours ago
Moore Capital Management LLC, the New York firm founded by Louis Moore Bacon, invested $800 million in a hedge fund begun last year by two of its former traders, according to two people with knowledge of the matter.
8,973.42 -42.17 -0.47% 20,910.50 -107.94 -0.51%
1.3258 -0.0003 -0.02% 77.1835 +0.1460 +0.19%
117.30 +0.10 +0.09% 1,734.30 +3.00 +0.17% 642.00 -0.50 -0.08%
0.250% +0.004 2.010% +0.037
12,884.00 +5.75 0.04% 1,349.96 +2.91 0.22% 2,915.86 +11.78 0.41%
1,734.50 -0.80%
1.3260 -0.0056%
2,915.86 +0.41%
12,884.00 +0.04%
1,349.96 +0.22%
99.09 +0.69%
1.982% +0.009
Ally’s ResCap Mortgage Unit Said to Seek Buyers in Prearranged BankruptcyUpdated 3 hours ago
Prudential Financial Inc., the life insurer that expanded in Japan through acquisitions, said fourth-quarter profit more than tripled on non-U.S. earnings and narrower losses from investments and derivatives.
Updated 20 minutes ago
Wyndham Worldwide Corp., the franchiser of Days Inn hotels and Super 8 motels, climbed after reporting fourth-quarter earnings that were higher than analysts expected and boosting its full-year forecast.
U.S. Stocks Rise as Investors Watch Greek TalksUpdated 26 minutes ago Harbinger to Borrow $190M at 15% InterestUpdated 29 minutes ago
The Canadian dollar slipped versus its U.S. counterpart as global investors awaited a decision on whether Greece’s political leaders will agree to conditions required for a second international rescue package.
Oil Rises as Inventories Climb Less Than Forecast, Fuel Output IncreasesUpdated 48 minutes ago U.S. 10-Year Yield Reaches 2% as Treasury Holds $24 Billion Note AuctionUpdated 53 minutes ago Yamada Declaring Nasdaq Bull Market Leaves Bearish Outlook From ’11 BehindUpdated 57 minutes ago
A multi-state settlement with five large banks over foreclosure practices would include as much as $17 billion in mortgage debt forgiveness and loan modifications and take three years to complete, according to a letter describing the deal.
McDonald’s January Same-Store Sales Rise 6.7% as Chicken Items Boost U.S.Updated 39 minutes ago Time Warner Profit Beats Estimates as Ad Revenue Improves at TV NetworksUpdated 40 minutes ago Diamond Foods to Restate Earnings, Replace Executives Amid Payments AuditUpdated 44 minutes ago
Google Inc.’s planned changes to its privacy policy violate a consent order signed with the U.S. Federal Trade Commission last year and should be blocked, a Washington advocacy group said in a lawsuit.
Ex-Motorola Worker Guilty of Stealing Trade Secrets for China, Judge SaysUpdated 53 minutes ago BP Won’t Face Some E-Mails in Gulf of Mexico Oil Spill Trial, Judge SaysUpdated 3 hours ago Facebook’s Zuckerberg Won’t Have to Answer Questions in Wireless Ink SuitUpdated 3 hours ago
Oversight of drilling and hydraulic fracturing for oil and gas on federal land is “erratic and inconsistent” and in a decade led to about $300,000 in fines, according to report released by U.S. House Democrats.
Suntech Leads New York Stocks Gain on Solar-Power Demand: China OvernightUpdated 3 hours ago
Amgen Inc., the world’s biggest biotechnology company, failed to win the backing of a U.S. advisory panel for its drug to delay tumors spreading to bones in patients with advanced prostate cancer.
Blindness-Busting Gene Therapy Works in Second Eye, U.S. Researchers SayUpdated 3 hours ago
Bloomberg's Rich Jaroslovsky reviews the Zeo Sleep Manager Mobile, the Lark and the SleepTracker Elite, devices that purport to track, coach and improve sleep performance.
New York’s three airports will be among 28 where pre-approved frequent fliers can get through security faster as the U.S. Transportation Security Administration expands expedited screening.
Gervinho scored the only goal as Ivory Coast beat Mali to set up an Africa Cup of Nations soccer final against Zambia, which earlier upset Ghana 1-0.
University of Memphis Will Join Big East Conference in All Sports in 2013Updated 2 hours ago
Computer Sciences Corp., a technology contractor for governments and companies, rose the most in three decades after naming Mike Lawrie its next chief executive officer as it renegotiates a U.K. government agency contract.
12,884.00 +5.75 +0.04% 1,349.96 +2.91 +0.22%
1.3259 -0.0001 -0.01% 77.0375 +0.0000 +0.00%
117.64 +1.41 +1.21% 1,734.50 -13.90 -0.80% 642.50 +0.25 +0.04%
0.254% +0.008
12,842.10 -36.10 -0.28% 1,344.18 -2.87 -0.21% 2,899.27 -4.81 -0.17%
2,512.92 -1.20 -0.05% 5,875.93 -14.33 -0.24% 6,748.76 -5.44 -0.08%
1,736.50 -0.68%
1.3273 0.0905%
2,899.27 -0.17%
12,842.10 -0.28%
1,344.18 -0.21%
5,875.93 -0.24%
2,512.92 -0.05%
6,748.76 -0.08%
98.60 +0.19%
1.979% +0.007
EOG Resources Inc., the fourth quarter’s best-performing U.S. shale producer, plans to get a record 75 percent of its North American revenue from higher- profit petroleum liquids this year as natural-gas prices tumble, branching faster into oil than Chesapeake Energy Corp.
Computer Sciences Corp., a technology contractor for governments and companies, rose the most in three decades after naming Mike Lawrie as its next chief executive officer as it renegotiates a contract with the U.K.’s National Health Service.
Faster Screening Coming to More U.S. AirportsUpdated 5 minutes ago Iran Anxiety No Match for Central Bankers Sedating Traders With Cheap CashUpdated 6 minutes ago Cigarette Smugglers Prosper in Spain With Smokers Squeezed by Rising TaxesUpdated 12 minutes ago
Argentina has the cash reserves to make a tender offer for Repsol YPF SA’s YPF unit, the country’s largest energy company, and will likely put further pressure on the industry to boost output, Barclays Capital said.
U.S. Stocks Drop on Fear Greek Talks Will FailUpdated 19 minutes ago Oil Retreats After U.S. Inventories Increase Amid Declining Fuel DemandUpdated 21 minutes ago Canada Dollar Falls as Investor Risk Appetite Ebbs With Optimism on GreeceUpdated 22 minutes ago
Stocks in Switzerland were little changed as Greece’s political leaders discussed an austerity plan needed to obtain European Union-led financial aid.
CBRE, Computer Sciences, Gamestop, Hartford, Level 3: U.S. Equity MoversUpdated 33 minutes ago German Stocks Retreat as Greece Continues Debt-Swap Talks; Bayer DeclinesUpdated 34 minutes ago
Sanofi, France’s biggest drugmaker, said profit may drop as much as 15 percent this year, hurt by generic competition to its Plavix blood thinner and Avapro hypertension drug in the U.S.
RBS Chief Hester Decided Against Leaving to Focus on Defusing ‘Time Bomb’Updated 32 minutes ago Ally’s ResCap Said to Seek BuyersUpdated 51 minutes ago Facebook Governance Like Dictatorship: HavertyUpdated 52 minutes ago
Greek Prime Minister Lucas Papademos began negotiating with leaders of the political parties supporting his caretaker government as he tried to make up for lost time to secure a second aid package.
President Barack Obama ended months of internal White House debate by siding with a group of mostly female advisers who urged him not to limit a health-care law mandate to provide contraceptives, even at the risk of alienating Catholic voters in November, people familiar with the discussions said.
Danaher Corp., the maker of microscopes and water-treatment systems, was sued for adopting corporate bylaws that force shareholders to bring claims against the company solely in a Delaware court.
Vestas Wind Systems A/S fell the most in a month after the world’s biggest wind-turbine maker reported a loss four times wider than analyst forecasts and Chief Financial Officer Henrik Norremark resigned.
Ceres Seeks $85 Million in IPO After Reducing Price Range 26%Updated 31 minutes ago
Illumina Inc.’s board unanimously rejected Roche Holding AG’s $5.7 billion bid to take over the maker of gene-mapping tools as “grossly inadequate.”
Donya Bommer was in a quant mood yesterday at the New York City Ballet Annual Luncheon, held on the promenade of the David H. Koch Theater.
New York Knicks forward Amar’e Stoudemire will be away from his team for a “few days” following the death of his brother two days ago in a car accident.
Updated 3 hours ago
Lucas van Praag, who became one of the public faces of the U.S. financial industry as Goldman Sachs Group Inc.’s global head of corporate communications, is leaving the firm after 12 years.
12,842.10 -36.10 -0.28% 1,344.18 -2.87 -0.21% 5,875.93 -14.33 -0.24% 6,748.76 -5.44 -0.08%
1.3271 +0.0011 +0.08% 76.9010 +0.1365 +0.18%
116.54 +0.31 +0.27% 1,736.50 -11.90 -0.68% 634.00 -8.25 -1.28%
0.246% -0.000
2,527.03 +12.91 0.51% 5,898.05 +7.79 0.13% 6,797.03 +42.83 0.63%
21,018.50 +319.27 1.54%
1,748.60 +0.01%
1.3280 0.1441%
5,898.05 +0.13%
2,527.03 +0.51%
6,797.03 +0.63%
99.41 +1.02%
1.982% +0.009
Lawmakers in South Korea voted to impose greenhouse-gas limits on the nation's largest companies, overruling industry opposition and laying groundwork for the third emissions-trading program in the Asia-Pacific region.
Stocks climbed, with the MSCI All- Country World Index set to enter a bull market, and commodities extended the longest rally this year as Greek leaders worked on a rescue plan with creditors. Toyota Motor Corp. led automakers higher after raising its profit forecast.
Argentina to Protest U.K.’s Military Presence Near Falkland Islands to UNUpdated 23 minutes ago Bharti Slumps as Profit Misses Estimates on Lower Phone Use: Mumbai MoverUpdated 37 minutes ago Hester Decided Against Leaving RBS to Work on Repairs After Record BailoutUpdated 59 minutes ago
Poland’s central bank left its main interest rate unchanged for an eighth month, holding off on an easing of policy as inflation and economic growth exceeded the central bank’s targets.
FTSE Stocks Advance as Greece Continues Debt Talks; Rio Tinto Shares ClimbUpdated 26 minutes ago Oil Gains a Second Day on Demand Outlook as API Says U.S. Stockpiles DropUpdated 29 minutes ago
Corn rose in Chicago on speculation the U.S. Department of Agriculture may lower its estimate for global stockpiles. Soybeans and wheat gained.
News Corp.’s British newspaper unit settled at least 15 lawsuits by phone-hacking victims, including nine that were part of a test case over the scandal scheduled to start next week.
German exports fell four times more than economists forecast in December as the sovereign debt crisis damped growth across the euro region.
The striking down of California’s Proposition 8 voter initiative banning same-sex couples from marrying sets up what may be a quick appeal to the U.S. Supreme Court.
A man fined 400 pounds ($636) for joking on Twitter Inc.’s microblogging service that he would blow a British airport “sky high” asked a judge to overturn his conviction saying the punishment was too severe.
Aora Solar Ltd. is aiming to win clients from the “Facebook generation” with community-scale generators that double as giant sculptures, according to the designer of its tulip-shaped solar towers.
Iain Robertson, head of art business studies at Sotheby's Institute of Art, talks about investment in emerging-market works.
Tottenham manager Harry Redknapp, the favorite to be next coach of England’s soccer team, was cleared of evading taxes after convincing the jury a Monaco bank account was a gift from a friend.
Alberto Contador Has Place on Saxo Cycling Team If He Wants, Manager SaysUpdated 56 minutes ago
Misys Plc shareholders will gain a majority stake in the company formed by merging the U.K. software maker with Temenos Group AG, while the Swiss rival’s chief executive officer will take the helm.
Russians Huddle With Syria’s Assad as Europe Joins Gulf in Pulling EnvoysUpdated 2 hours ago
5,898.05 +7.79 +0.13% 6,797.03 +42.83 +0.63% 21,018.50 +319.27 +1.54%
1.3279 +0.0019 +0.14% 76.9280 +0.1635 +0.21%
116.74 +0.51 1,748.60 +0.20 +0.01% 647.00 +4.75 +0.74%
0.076% -0.005 1.982% +0.009
9,015.59 +98.07 1.10% 782.34 +9.57 1.24% 20,939.60 +240.39 1.16%
1,751.30 +0.17%
1.3282 0.1642%
99.13 +0.73%
1.989% +0.016
124.00 +2.48%
113.00 -2.59%
The numbers are proving Federal Reserve Chairman Ben S. Bernanke’s critics wrong.
As he watched Egypt’s revolt turn into a financial crisis that devoured 50 percent of the nation’s foreign-currency holdings last year, Ahmed El-Rifai started charging some clients in U.S. dollars.
Asia Stocks Rise After Toyota Boosts EstimateUpdated 12 minutes ago BHP Has M&A Capacity as Xstrata, Glencore Combine, CEO SaysUpdated 27 minutes ago Santorum’s Wins Raise Questions for RomneyUpdated 28 minutes ago
The yen weakened versus all of its major peers as gains in Asian shares damped demand for haven currencies and data showed that Japan’s current-account surplus slid to a 15-year low in 2011.
BHP Billiton First-Half Profit Drops 5.5% on Slide in Base Metals EarningsUpdated 38 minutes ago Updated 44 minutes ago
Yields on Japan’s 10-year government bonds may reach the lowest level since October 2010, should they break below support at about 0.94 percent, Barclays Capital Japan Ltd. said, citing trading patterns.
Glencore, Xstrata Seal Deal in 2 Months After Years of TalksUpdated 1 hour ago China Central Bank Vows Homebuyer SupportUpdated 1 hour ago
FBI agents and U.S. prosecutors asked lawyers for seven-time Tour de France winner Lance Armstrong about the cyclist’s complaint of alleged leaks about a grand jury probe of his team, one of his attorneys said.
Federal Reserve Chairman Ben S. Bernanke is holding to his pledge to keep borrowing costs close to zero at least through late 2014 even after unemployment unexpectedly fell to a three-year low.
Two Wall Street groups sought to have a federal judge to delay a U.S. Commodity Futures Trading Commission rule that limits speculation, saying the regulation is already imposing “significant, irreversible costs.”
Toyota Motor Corp., the biggest seller of gasoline-electric autos, wants to spur U.S. demand for its hybrids with a smaller, cheaper version of the Prius, a goal that eluded Honda Motor Co. with its Insight.
Smelling gas one morning, a southern Pennsylvania farmer almost passed out when he went outside to check on his bellowing cows.
Paul Pierce scored 15 points in a 94- 84 victory over the Charlotte Bobcats to overtake Larry Bird as the second-highest scorer in the history of the Boston Celtics.
Chauncey Billups Will Miss Rest of NBA Season With Achilles Tendon TearUpdated 1 hour ago Dodgers Sign Cy Young Award Winner Clayton Kershaw to Two-Year ContractUpdated 1 hour ago
Piyush Gupta, chief executive officer of DBS Group Holdings Ltd., Southeast Asia’s largest bank, picked banking over a passion for bird-watching three decades ago. Now his plans for regional expansion are taking flight.
9,015.59 +98.07 +1.10% 20,939.60 +240.39 +1.16%
1.3282 +0.0021 +0.16% 77.1060 +0.3415 +0.44%
116.34 +0.11 +0.09% 1,751.30 +2.90 +0.17% 644.25 +2.00 +0.31%
-0.000 0.250% +0.004 1.989% +0.016
8,970.29 +52.77 0.59% 777.12 +4.35 0.56% 20,782.40 +83.26 0.40%
1,750.10 +0.10%
1.3248 -0.0945%
98.80 +0.40%
1.961% +0.054
122.00
0.00%
Chinese equities traded in the U.S. rose, led by Renren Inc. and China Unicom (Hong Kong) Ltd., as the prospect of a deal to secure Greece its second bailout bolstered the appeal of riskier, emerging-market assets.
Updated 4 hours ago
Renesas Electronics Corp. rose the most in more than two years in Tokyo trading after the Nikkei newspaper said the company will merge its chip unit with those of Panasonic Corp. and Fujitsu Ltd.
Bank of America’s Merrill Lynch Hires Goldman Sachs Former Partner SinhaUpdated 51 minutes ago Fink: Investors Should Be 100% in EquitiesUpdated 53 minutes ago
Brazilian President Dilma Rousseff, whose Workers’ Party rose to power because of ties to the labor movement, is being tested by public employees threatening to strike for higher pay.
Japanese Stocks Advance After Toyota Boosts Profit Forecast, Yen EasesUpdated 8 minutes ago Euro Trades Near Eight-Week High on Speculation Greece Will Secure BailoutUpdated 43 minutes ago
Asian stocks rose for a third day as Greece’s government edged closer to securing a bailout package and Toyota Motor Corp. raised its profit forecast.
Treasury Yield Is Three Basis Points From Two-Week High Before Debt SaleUpdated 55 minutes ago Glencore’s $41 Billion Xstrata Takeover Hinges on Winning Super MajorityUpdated 1 hour ago
Lawyers for seven-time Tour de France winner Lance Armstrong were asked by FBI agents and U.S. prosecutors about the cyclist’s complaint of alleged leaks about a grand jury probe of his team, one of his attorneys said.
Elizabeth Taylor’s Van Gogh Sells for 10.1 Million PoundsUpdated 1 hour ago
Greek Prime Minister Lucas Papademos is set to negotiate with leaders of the political parties supporting his caretaker government after Athens missed another deadline to secure a second aid package.
Mitt Romney sought to fend off an added challenge in the race for the Republican presidential nomination, opening a coordinated assault against Rick Santorum to combat the potential for a drawn-out nomination contest.
James M. Davis, Stanford Financial Group Co.’s former finance chief, told jurors that R. Allen Stanford’s financial services empire collapsed in part because the stock market imploded and a court-appointed receiver destroyed much of the companies’ value after they were seized by the government.
South Korea may become the third Asia-Pacific nation to set greenhouse-gas limits for its largest companies following a vote scheduled today in Seoul.
Cooking Oil Imports by India May Climb as Domestic Supplies EaseUpdated 1 hour ago
Astex Pharmaceuticals Inc., a drugmaker that specializes in cancer therapies, fell the most in almost eight years after U.S. regulators said the company’s only approved treatment didn’t show a benefit for an expanded use.
Updated 3 hours ago
Compared with Bernard Madoff, he was small fry.
The University of Memphis will join the Big East, becoming the conference’s seventh new member in the past six months, CBSSports.com reported.
Giants Celebrate Super Bowl Win in NY and NJUpdated 4 hours ago
Misys Plc shareholders will gain a majority stake in the company formed by a merger of the U.K. software maker with Temenos Group AG, while the Swiss rival’s chief executive officer will take the helm.
Goldman’s Hawker Beechcraft Names ‘Turnaround Kid’ Steve Miller to Be CEOUpdated 4 hours ago
8,970.29 +52.77 +0.59% 20,782.40 +83.26 +0.40%
1.3248 -0.0013 -0.10% 76.9525 +0.1880 +0.24%
116.19 -0.04 -0.03% 1,750.10 +1.70 +0.10% +0.00 +0.00%
0.081% +0.010 0.242% +0.012 1.961% +0.054
12,878.20 +33.07 0.26% 1,347.05 +2.72 0.20% 2,904.08 +2.09 0.07%
1,748.40 +1.36%
1.3261 1.0008%
2,904.08 +0.07%
12,878.20 +0.26%
1,347.05 +0.20%
98.63 +1.77%
1.975% +0.067
U.S. stocks advanced, sending the Dow Jones Industrial Average to its highest level since May 2008, as Greece made progress on measures to secure international aid.
Xstrata Deal Revives M&A After Worst Month Since 2009Updated 12 minutes ago Hartford Financial Profit Falls 79% on Workers’ Compensation Policy ClaimsUpdated 20 minutes ago
Karen Handel, a senior vice president of public policy for Susan G. Komen for the Cure, resigned after the breast-cancer group decided to overturn a decision to end grants to Planned Parenthood Federation of America.
Stocks in U.S. Advance as Euro Strengthens on Greece Debt-Rescue OptimismUpdated 26 minutes ago Coca-Cola Fourth-Quarter Profit Beats Estimates as Sales Advance in AsiaUpdated 28 minutes ago Toyota May Beat Profit Forecasts, Reclaim Lost Market ShareUpdated 31 minutes ago
Oil rose the most in three weeks as the dollar fell against the euro after Federal Reserve Chairman Ben S. Bernanke said the 8.3 percent rate of unemployment in January understates weakness in the U.S. labor market.
Greece, Troika Work on Final Rescue DraftUpdated 40 minutes ago Treasuries Decline as Greek Debt Talks Progress, U.S. Sells 3-Year NotesUpdated 44 minutes ago Brazil Said to Consider Smaller Budget Cuts Than Economists Are SeekingUpdated 46 minutes ago
Bertelsmann AG, Europe’s biggest media company, named Anke Schaeferkordt and Guillaume de Posch to jointly head its television unit RTL Group SA, replacing Gerhard Zeiler who is joining Time Warner Inc.
Yahoo Chairman Roy Bostock Won’t Stand for Re-election to BoardUpdated 41 minutes ago Updated 42 minutes ago Collective Brands Said to Pare Pool of Bidders to 10 Ahead of Second RoundUpdated 57 minutes ago
Consumer borrowing in the U.S. rose more than forecast in December, driven by demand for auto and student loans.
Rajat Gupta, the former Goldman Sachs Group Inc. director accused of giving inside information to fund manager Raj Rajaratnam, was arraigned on new charges he passed tips about earnings of Goldman Sachs in 2007 and Procter & Gamble Co. in 2009.
JPMorgan Reaches Tentative Settlement in AFTRA Pension’s Suit Over NotesUpdated 47 minutes ago
Nord Pool Spot AS and Epex Spot SE, Europe’s two biggest electricity exchanges for near-term delivery, said they were raided by European antitrust regulators probing possible collusion.
Italy Turns to Oil-Fired Power Plants as Russia Trims SupplyUpdated 4 hours ago
NeurogesX Inc. plunged the most in almost three years after U.S. regulators questioned whether the specialty drugmaker proved its patch relieves pain related to nerve damage commonly associated with HIV.
Astex Falls Most Since 2004 as FDA Questions Drug: San Francisco MoverUpdated 25 minutes ago Novartis’s Bexsero Guards Against Brain-Swelling Malady in StudyUpdated 40 minutes ago U.S. to Boost Funding for Alzheimer’s Research by $50 Million This YearUpdated 4 hours ago
A Vincent Van Gogh painting formerly owned by the late Elizabeth Taylor sold tonight in London for 10.1 million pounds ($16 million) with fees.
Alberto Contador, stripped of his 2010 Tour de France title yesterday in a doping case, will keep his place on the Saxo Bank team if he wants it because he didn’t take performance-enhancing drugs on purpose, team manager Bjarne Riis said.
Beane to Be Athletics’ G.M. Through 2019, Wolff SaysUpdated 58 minutes ago
Charles J. Johnson Jr., a former head of the corporate and securities practice at Brown & Wood and co- author of a text on securities law, has died. He was 80.
12,878.20 +33.07 +0.26% 1,347.05 +2.72 +0.20%
1.3261 +0.0131 +1.00% 76.7828 +0.2333 +0.30%
116.16 +0.23 +0.20% 1,748.40 +23.50 +1.36% 642.25 -2.00 -0.31%
1.975% +0.067
12,872.70 +27.58 0.21% 1,346.49 +2.16 0.16% 2,906.49 +4.50 0.16%
2,514.12 +6.23 0.25% 5,890.26 -1.94 -0.03% 6,754.20 -10.63 -0.16%
1,738.60 +0.79%
1.3246 0.8838%
2,906.49 +0.16%
12,872.70 +0.21%
1,346.49 +0.16%
5,890.26 -0.03%
2,514.12 +0.25%
6,754.20 -0.16%
98.46 +1.60%
1.970% +0.063
For all the acquisitions being struck in the mining industry, no company in North America is a cheaper takeover candidate than Cliffs Natural Resources Inc.
Barclays Plc, the only U.K. consumer bank not to have scrapped its profitability target amid Europe’s debt crisis, will struggle to reach the goal without cutting costs as revenue from investment banking falls, analysts said.
Carlyle Group’s Olivier Sarkozy Sells House in Manhattan for $8.4 MillionUpdated 9 minutes ago Komen Official Quits After Funding FeudUpdated 21 minutes ago
European stocks declined for a second straight day as Greek talks on measures needed to get a second bailout continued and China said industrial-output growth is likely to slow.
ArcelorMittal South Africa Falls After Wider-Than-Expected Full-Year LossUpdated 30 minutes ago Astex, Coca-Cola, Federated, Harman, Regal-Beloit: U.S. Equity MoversUpdated 32 minutes ago Romney Braces for Santorum Threat in MNUpdated 33 minutes ago
Oil rose as the dollar weakened after Federal Reserve Chairman Ben S. Bernanke said that the jobs market is far from healthy.
Emerging-Market Stocks Decline as China, Greece Boost Global Growth WoesUpdated 15 minutes ago German Bund Yields Climb to Two-Week High Amid Greek Debt-Deal OptimismUpdated 37 minutes ago U.S. Stocks Reverse Earlier LossUpdated 53 minutes ago
China, the world’s second-biggest oil consumer, raised domestic fuel tariffs for the first time in 10 months to spur production by refiners including China Petroleum & Chemical Corp. and PetroChina Co.
Job openings in the U.S. increased in December by the most in almost a year, showing employers are gaining confidence the economy will keep growing in 2012.
Greece, Trioka Work on Final Rescue DraftUpdated 2 hours ago Australia’s Central Bank Gets Growth Advocate as Ridout Warns on CurrencyUpdated 4 hours ago
The U.S. and allies are seeking ways to increase pressure on Syrian leader Bashar al-Assad after Russian and Chinese vetoes blocked efforts at the United Nations Security Council to support a political transition.
California and New York’s attorneys general haven’t signed on to a proposed settlement with five banks over foreclosure practices that has won the support of more than 40 states.
Brazil may become the world’s fourth largest installer of wind farms in 2012, up from 11th last year, as some developed nations cut subsidies for renewable energy.
EON’s Teyssen Urges Fix to ‘Bust’ EU CO2 Plan, Energy RulesUpdated 2 hours ago
The Obama administration is boosting funding for Alzheimer’s research by $50 million this year to further investigate the genetic underpinnings of the disease and test drugs that may arrest its development.
Siemens Signs First Agreements for Personalized Medicine DiagnosticsUpdated 2 hours ago NeurogesX Patch for HIV Pain Might Be Ineffective, FDA Staff Report SaysUpdated 3 hours ago
Former Beatle Paul McCartney will star in a London concert to mark the U.K. queen’s Diamond Jubilee on June 4.
The New York Giants are taking the Super Bowl trophy on a parade up the “Canyon of Heroes” in lower Manhattan, part of today’s two-state celebration of their second National Football League championship in five years.
Smurfit in Talks to Acquire Gannon Stake in K-Club Golf Course in IrelandUpdated 2 hours ago World Doping Agency Asks U.S. to Turn Over Armstrong Evidence as Case EndsUpdated 3 hours ago Contador Faces $6 Million Bill After Losing Fight to Save 2010 Tour TitleUpdated 3 hours ago
Hawker Beechcraft Inc., the jet maker partly owned by Goldman Sachs Group Inc., named turnaround specialist Steve Miller as chief executive officer as the company seeks to rework terms of a revolving credit line.
Assad Asks Russia to Broker Talks With Opposition Over Revolt, Lavrov SaysUpdated 3 hours ago
12,872.70 +27.58 +0.21% 1,346.49 +2.16 +0.16% 5,890.26 -1.94 -0.03% 6,754.20 -10.63 -0.16%
1.3248 +0.0118 +0.90% 76.8545 +0.3050 +0.40%
116.56 +0.63 +0.54% 1,738.60 +13.70 +0.79% 641.75 -2.50 -0.39%
0.246% +0.016 1.970% +0.063
2,499.00 -8.89 -0.35% 5,876.73 -15.47 -0.26% 6,730.17 -34.66 -0.51%
8,917.52 -11.68 772.77 +2.92 0.38% 20,699.20 -10.75 -0.05%
1,722.30
1.3136 0.0449%
5,876.73 -0.26%
2,499.00 -0.35%
6,730.17 -0.51%
96.52 -0.40%
1.910% +0.003
116.00 +1.75%
U.S. farmers will plant the most acres in a generation this year, led by the biggest corn crop since World War II, taking advantage of the highest agricultural prices in at least four decades.
Arab Spring Helps Spur Sales in Gulf Nations: CarsUpdated 2 hours ago China’s ‘Sunshine’ Trusts Miss Hedge-Fund SlumpUpdated 3 hours ago
A top-level Russian delegation arrived in Damascus in a bid to prod President Bashar al-Assad toward a political settlement after blocking United Nations action over his 11-month-old crackdown in Syria.
Barclays May Need Deeper Cuts to Reach TargetUpdated 24 minutes ago European Stocks Drop for Second Day as Bunds Advance on Greek Debt TalksUpdated 40 minutes ago Glencore Agrees to Buy Xstrata for $62BUpdated 44 minutes ago
South Africa’s unemployment rate declined to 23.9 percent in the fourth quarter, the lowest level since June 2009, adding to the recovery in Africa’s biggest economy.
One Hyde Park’s Developer Plans to Sell Abu Dhabi Islamic Bank LocationUpdated 24 minutes ago Crude Oil Trades Near Six-Week Low on Forecast of Rising U.S. StockpilesUpdated 25 minutes ago Yen Slides as Data Shows Government Intervention in November; Aussie RisesUpdated 46 minutes ago
The lira today surpassed a key threshold level which some traders interepret as a “buy” signal on speculation Greece may reach an agreement relating to additional austerity measures.
Europe Stocks Drop for Second Day; UBS FallsUpdated 51 minutes ago
Google Inc. removed content from its India domains that was deemed objectionable by a New Delhi district court after a civil lawsuit against the owner of the world’s largest search engine.
Greek Prime Minister Lucas Papademos plans to convene the nation’s political leaders to seek consensus on the cuts required for a bailout as unions called a strike to protest and European leaders pressed for answers.
India Predicts Weakest Growth Since 2009 as Pressure Mounts for Rate CutUpdated 3 hours ago Australia Pausing Rate Cut on European Progress Spurs Currency: EconomyUpdated 3 hours ago
BNP Paribas SA’s wealth management unit won dismissal of a lawsuit filed by Nitine Jantilal, a former client who claimed the bank made unauthorized trades leading to a shortfall in his account.
Hong Kong Regulator Says It Should Have the Right to Redress InvestorsUpdated 2 hours ago
The global wind power market rose 6 percent to 41 gigawatts last year, led by China, which took more than two-fifths of the total, the Global Wind Eenergy Council said today in an e-mailed report.
Updated 2 hours ago Angola Plans to Build a Third Biofuels Plant, Radio ReportsUpdated 2 hours ago
A total of $93.9 million was wagered on the New York Giants’ Super Bowl victory at Nevada’s 184 sports books, the second most in history.
5,876.73 -15.47 -0.26% 6,730.17 -34.66 -0.51% 8,917.52 -11.68 20,699.20 -10.75 -0.05%
1.3136 +0.0006 +0.05% 76.7345 +0.1850 +0.24%
116.37 +0.44 +0.38% 1,722.30 -2.60 644.25 +0.00 +0.00%
0.076% +0.005 1.910% +0.003
8,901.91 -27.29 -0.31% 771.05 +1.20 0.16% 20,683.00 -26.93 -0.13%
1,723.80 -0.06%
1.3104 -0.1969%
96.80 -0.11%
1.921% +0.014
121.00 +0.83%
115.00 +0.88%
Three years ago, credit was so tight that the owner of a legal firm with a $400,000 salary and a very good credit score of more than 700 couldn’t get financed to buy the car he wanted from Michael Mosser’s dealership.
Syrian President Bashar al-Assad has turned to his father’s playbook as he seeks to end an uprising that threatens his family’s 40-year reign.
UBS Reports 76% Drop in Quarterly Profit, Investment Bank LossUpdated 15 minutes ago India Predicts Slowest Growth Since 2009Updated 23 minutes ago National Australia Bank’s Profit Rises 7.7% on Higher Share of MortgagesUpdated 29 minutes ago
China’s stocks fell, driving the benchmark index to its biggest loss in eight weeks, on concern a slowdown in the economy is hurting earnings as Europe’s debt crisis curbs exports to the nation’s biggest market.
Japan Adopts Stealth Intervention on Yen ThreatUpdated 30 minutes ago Crude Trades Near Two-Day Low of Bets of Weakening Demand in U.S., EuropeUpdated 33 minutes ago Updated 35 minutes ago
The euro declined for a second day before Greek Prime Minister Lucas Papademos hammers out details of measures to curb the nation’s debt with the leaders of three political parties.
Asian Stocks Swing Between Gains, Losses as Greece Debt Weighs on OutlookUpdated 59 minutes ago
Oracle Corp. decided it would rather have a new trial against SAP AG for copyright infringement than accept a judge’s $1 billion reduction in a jury verdict it won against its competitor.
California, N.Y. Are Among Fewer Than 10 Mortgage Deal HoldoutsUpdated 1 hour ago MF Trustee Traced $105B in Cash MovementUpdated 1 hour ago
Australia unexpectedly kept interest rates unchanged as two cuts late last year help the economy weather Europe’s debt crisis, sending the nation’s currency soaring to a six-month high.
China’s decision to allow Citigroup Inc. to issue credit cards in its own name may signal a step toward the government in Beijing opening its banking industry.
JPMorgan, Smith & Nephew, Dresdner, GE Capital, Fidelity in Court NewsUpdated 1 hour ago BofA Investor Suit Granted Class Action StatusUpdated 1 hour ago Citigroup’s Capitol Loses Bid to Close Song Reseller ReDigiUpdated 1 hour ago
Woongjin Holdings Co. jumped to a three-month high in Seoul trading after saying it’s considering selling its stake in South Korea’s biggest maker of water purifiers to raise funds to support its solar business.
BoE’s King May Examine Fossil-Fuel Investment Risk, FT ReportsUpdated 4 hours ago
Pfizer Inc.’s breast-cancer drug Aromasin worsened bone loss in post-menopausal women, raising the chance of fractures and calling into question whether the pill’s prevention benefits outweigh its risks.
Chesapeake Bay oysters are in terrible trouble. Blame pollution, disease and overharvesting -- current numbers may be less than one percent of historical levels.
Genoves Sells Out, LeWitt and Jensen, Italian Photos: Midtown GalleriesUpdated 1 hour ago
The New York Giants will take the Super Bowl trophy on a parade up the “Canyon of Heroes” in lower Manhattan today, part of a two-state celebration of their second National Football League championship in five years.
Jeremy Lin Scores 28 in First NBA Start to Lead New York Knicks to VictoryUpdated 49 minutes ago Bill Parcells’s Hall Snub Comes as Tom Coughlin Rides Super Bowl SuccessUpdated 1 hour ago
Noble Group Ltd. named Yusuf Alireza, formerly co-president of Goldman Sachs Group Inc.’s Asia- excluding-Japan unit, as chief executive officer to lead Asia’s biggest commodity supplier.
8,901.91 -27.29 -0.31% 20,683.00 -26.93 -0.13%
1.3106 -0.0024 -0.19% 76.7215 +0.1720 +0.22%
115.75 -0.18 1,723.80 -1.10 -0.06% 641.25 -3.00 -0.47%
0.066% -0.005 1.921% +0.014