UNITED STATES

Google consulting with DOJ on books deal

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Google Inc and a group representing authors and publishers said they are in talks with the U.S. government over modifications to a controversial electronic books licensing deal and they plan to file an amended version of the plan with the court on Friday.

Sprint to cut up to 2,500 jobs, sees charge

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Sprint Nextel Corp is starting the process of eliminating up to 2,500 jobs in the current quarter in an effort to save at least $350 million annually, the company said on Monday.
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Electronic Arts buys social game maker Playfish

Electronic Arts Inc has acquired privately held Playfish for $275 million in cash plus other consideration as the maker of the Madden NFL series expands in the growing social gaming sector.
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U.S. trial of ex-Bear Stearns execs goes to jury

The trial of two former Bear Stearns hedge fund managers went to a jury on Monday, the first high-profile Wall Street executives criminally charged with fraud over subprime mortgage-backed securities that fueled the market meltdown.
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Kraft aiming to acquire Cadbury more cheaply

Kraft Foods chief executive Irene Rosenfeld is playing hardball with her $16.4 billion hostile offer for Cadbury, triggering a bid battle that could stretch for up to three months.
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Stocks rally on increased risk appetite

U.S. stocks rallied on Monday, with the Dow Jones industrial average at a 13-month high, as the Group of 20's pledge to keep aid flowing to the world's economy boosted investors' appetite for risk.
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Merkel hails eastern courage at Wall anniversary

Chancellor Angela Merkel hailed the courage of easterners who helped bring down the Berlin Wall as the city celebrated the 20th anniversary of the events that marked the end of the Cold War and the beginning of a reunited Germany.
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U.S. says can give Iran time to okay nuclear deal

The United States is willing to give Iran time to decide whether to accept a U.N.-brokered deal meant to allay suspicions it is after atomic bombs but which has drawn Iranian objections, a U.S. diplomat said on Monday.
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Oil jumps 3 percent on Ida, equities

Oil rose 3 percent toward $80 a barrel on Monday after Tropical Storm Ida forced the shut in of U.S. oil and gas production, helping to support prices.
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Stocks jumps as G20 pledges liquidity

U.S. stocks jumped on Monday, pushing the Dow industrials to their highest level in more than a year, as the Group of 20 leaders pledged to keep aid flowing to their economies until a recovery was certain.
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Health companies see relief in U.S. Senate bill

Health insurers, drugmakers and other companies expect U.S. Senate lawmakers to soften the blow from health reform legislation narrowly passed by the House of Representatives that calls for a greater government role in the industry.
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Cisco extends acceptance period for Tandberg bid

U.S. network equipment maker Cisco Systems Inc said on Monday it was extending the offer period for its $3 billion bid for Norwegian video conferencing company Tandberg by nine days to November 18.
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NY's Cuomo settles with Tagged.com over emails

New York's attorney general said the operator of Tagged.com would pay $500,000 and overhaul its practices to resolve charges that the social networking site tricked members into providing personal details to lure new members and send out tens of millions of spam emails.
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Stocks jumps as G20 says cheap money to continue

U.S. stocks jumped on Monday, extending gains from the previous week, on renewed risk-taking sentiment after the Group of 20 pledged to keep economic stimulus in place until a recovery was assured.
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Dish gains subscribers, sets special dividend

Dish Network Corp, the No. 2 U.S. satellite TV provider, beat Wall Street forecasts by posting a gain of 241,000 subscribers in the third quarter and surprised investors with a plan to pay shareholders a special dividend of $2 a share.
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McDonald's October same-store sales up, U.S. slips

McDonald's Corp said sales at established U.S. restaurants fell 0.1 percent in October, as expected, but its stock ticked up 1.5 percent after sales from the rest of the world buoyed overall results.
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Forex Trading Hours - 24-Hour Access To The World

Understanding Forex trading hours is very important when you choose to trade currencies. Since you can trade 24 hours a day, 5.5 days a week, you not only receive greater freedom but also more time to trade the Forex market.
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German aid for Opel not currently on agenda-EconMin

German Economy Minister Rainer Bruederle said on Monday that U.S. automaker General Motors had not yet presented a plan for Opel and therefore the question of providing state aid was not being considered.
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Market Drivers

A Forex market transaction differs from a retail transaction. In a retail environment, the price is predetermined by the seller, and the purchaser measures his need for the item against the price asked and makes his decision to buy or not. In a market transaction, both the seller and the buyer continually adjust their price expectations to the information flowing out from the market to its participants and into the market from outside sources. A seller who thinks that the price may be higher in ...

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