UNITED STATES

UBS Bosses Free; Airline Woes 2010; AIG's Personal Struggles

Struggling Japanese chipmakers NEC Electronics and Renesas Technology said they aim to turn an operating profit in the first year after their merger next April by outsourcing production and eliminating business overlap.

U.S. stock index futures slipped on Tuesday a day after stocks hit a 14-month high and ahead of the start of a policy-setting Federal Reserve meeting.

Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 were down 0.2 to 0.3 percent at 1006 GMT (5:06 a.m. EST), pointing to a weaker start on Wall Street on Tuesday.

Kraft Foods has vowed to maintain discipline in its pursuit of British chocolatier Cadbury , suggesting the U.S. group will resist raising the level of its hostile approach.

When we refer to the Forex market we usually refer to the Spot FX or Spot Forex market. The Spot FX is a large Over The Counter (OTC) market that consists of thousands of Interbanks, institutional investors/traders, brokerage firms, and millions of retail traders. This market refers to the cash market of Forex. Although the Spot FX contracts settle within 2 days of the contract they are based on the current global price of the currencies. What you actually pay to purchase a currency against sell...

The dollar steadied on Tuesday and Asian stocks wavered, despite improving appetite for riskier assets, as investors turned cautious ahead of a meeting of the U.S. Federal Reserve.

China has so far weathered the global economic downturn with its growth rate staying robust and no sign the government faces any major challenge to its rule. Following is a summary of key China risks to watch:

Top executives at troubled insurer American International Group have been struggling financially after taking personal losses in the wake of the near-collapse of the company last year, AIG's chief executive Robert Benmosche told the Wall Street Journal in an interview.

Citigroup Inc and Wells Fargo & Co said they were paying back funds to the U.S. government, in transactions that will end taxpayers' capital support of the biggest U.S. banks much sooner than had been expected just weeks ago.

Citi's Stuck with Cut Pay; Post-Holiday Blues; M&A Boon for XTO CEO

Plans from Wells Fargo & Co and Citigroup to repay taxpayer funds will put the U.S. government on track to reduce its bailout investments in banks by more than 75 percent, while earning a healthy profit for the U.S., Treasury Secretary Timothy Geithner said on Monday.

Plans from Wells Fargo & Co and Citigroup to repay taxpayer funds will put the U.S. government on track to reduce its bailout investments in banks by more than 75 percent, while earning a healthy profit for the U.S., U.S. Treasury Secretary Timothy Geithner said on Monday.

A U.S. bankruptcy judge said on Monday that she would allow billionaire Carl Icahn and real estate titan Donald Trump to battle for control of casino operator Trump Entertainment Resorts Inc .

Craigslist's chief executive told a court on Monday that an executive with eBay, a minority shareholder, warned him to improve relations with eBay's then-CEO Meg Whitman because she could be a monster and an Evil Meg when frustrated.

Wells Fargo & Co said on Monday it will repay the entire $25 billion it received from the government under the Troubled Asset Relief Program, after selling $10.4 billion of common shares.

Citigroup laid out a plan to repay the money it owes the U.S. government, including issuing about $20 billion of capital, as the bank looks to end the executive pay restrictions that came with the funds.

Gold prices made a moderate advance on Monday after news that Abu Dhabi agreed to back some of Dubai's debt pressured the dollar and lifted higher-yielding currencies such as the euro.

With aggressive AUD/JPY selling following the release of Japanese economic data the AUD/USD exchange rate fell from its early Monday morning high around 0.9120 to trade as low as 0.9055 during the Asian afternoon.

U.S. companies were still getting H-1B visa petitions even as they cut jobs, according to data from the U.S. Citizenship and Immigration Service (USCIS) that shows who received the visas in the 2009 fiscal year.

XTO Energy Inc's Chairman Bob Simpson may receive around $70 million in compensation after the company's deal with Exxon Mobil Corp closes, according to regulatory filings.