U.S.

Barclays drags banks, FTSE lower; US earnings eyed

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A sale of Barclays shares by the Qatari Investment Authority (QIA) dented banking stocks, pulling Britain's FTSE 100 index slightly lower by midday on Tuesday, but the move lifted Sainsbury shares by reviving bid talk.
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GM CFO search complicated by US pay rules

General Motors Co's [GM.UL] bid to find an outsider to replace its chief financial officer is being complicated by pay restrictions imposed on companies that got big U.S. government bailouts, The Wall Street Journal said on Saturday.
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GM CFO search complicated by US pay rules: report

General Motors Co's bid to find an outsider to replace its chief financial officer is being complicated by pay restrictions imposed on companies that got big U.S. government bailouts, The Wall Street Journal said on Saturday.
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Morgan Stanley starts US refiners with in-line

Morgan Stanley started coverage of U.S. refiners with an in-line view, saying that drawing down of distillate inventories due to cold weather, tightening of excess capacity and economic recovery will combine to improve crack spreads, but the recovery will be long and slow.
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FEATURE-Rescue scams trap ever more desperate US homeowners

Describing the proliferation of fraudulent mortgage rescue schemes as an epidemic on Sept. 17, the U.S. Treasury, Department of Justice, the Department of Housing and Urban Development and the FTC announced they would work together to target investigations and increase their efficiency.
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US chemical makers seen poised to beat expectations

U.S. chemical makers are poised to post stronger-than-expected third-quarter earnings, but demand for their products could cool later this year as government stimulus programs unwind, industry experts say.
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US says AIG should lower retention payments

The U.S. Treasury Department is pushing American International Group to cut big pay incentives it claims were needed to keep staff but which have stoked a controversy over pay at taxpayer-supported firms.

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