MARKETS / FINANCE

Honda Motor Co <7267.T>, struggling to recover from the earthquake in Japan in March, told its U.S. auto dealers to honor discount offers, even on cars they do not have in stock, a spokesman said on Wednesday.

Pandora Media Inc made a splashy public debut as investors shrugged off years of financial losses by the online radio company for the chance to get in on the red-hot market for startups.

In a major victory for victims of Allen Stanford's alleged Ponzi scheme, U.S. regulators have concluded that they should be compensated by a brokerage industry-backed fund.

Greece's prime minister said he would form a new government and seek a vote of confidence from his parliamentary group after violent protests against austerity on Wednesday, with Athens teetering on the brink of default.

Stocks tumbled on Wednesday, driven lower by escalating Greek debt woes, while troubling U.S. data pointed to further losses ahead.

The U.S. economy is facing a troubling mix of higher prices and weak growth.

The all-Canadian consortium that launched a hostile C$3.7 billion ($3.8 billion) takeover bid for TMX Group has no plans to sweeten its C$48-a-share offer or change any other terms, a source with knowledge of Maple's strategy said on Wednesday.

Google Inc will finance $280 million of residential solar power systems through a deal with startup SolarCity that is the Internet search giant's largest single clean energy investment to date.

Stocks sank on Wednesday as Greek debt woes, U.S. data and disappointing profit forecasts fueled bearish sentiment, putting the market back on its downtrend after a two-day rally.

A federal appeals court in New York threw out part of the conviction of former Credit Suisse Group AG broker Eric Butler for misleading clients about the safety of auction-rate securities he sold.

Garmin agreed to buy Germany-based navigation firm Navigon earlier this week mostly to expand its business with carmakers in Europe, a senior company official told Reuters in an interview.

Blackstone Group LP was sued for allegedly siphoning $2.1 billion from Extended Stay America Inc when it sold the hotel chain in a leveraged buyout that preceded its bankruptcy, according to court documents.

U.S. industrial output edged up just 0.1 percent in May as supply chain disruptions from the earthquake in Japan disrupted auto production for a second straight month, the Federal Reserve said on Wednesday.

Pandora Media Inc opened 25 percent above its $16 IPO price per share in its stock market debut on Wednesday as investors flocked to get a piece of the latest Internet start up, even though it has yet to turn a profit.

U.S. industrial output edged up just 0.1 percent in May as supply chain disruptions from the earthquake in Japan disrupted auto production for a second straight month, the Federal Reserve said on Wednesday.

Stocks slid on Wednesday as Greek debt woes, U.S. data and disappointing profit forecasts fueled bearish sentiment, putting the market back on its downtrend after a two-day rally.

The economy is facing a troubling mix of higher prices and weak growth.

U.S. core consumer inflation rose more than expected in May to post its largest increase in nearly three years, lifted by steep rises in motor vehicle and apparel prices.

Would Dick Grasso have sold the New York Stock Exchange to the Germans?

The rich-world's economic prospects have darkened slightly, a Reuters poll of economists showed, with new signs of a slowdown in the United States compounding fears about the poor fiscal health of Western economies.

Greece's prime minister offered to quit and make way for a national unity government after mass protests against a new austerity plan turned violent on Wednesday, with the country teetering on the brink of default.

Securities brokers would be more closely scrutinized by auditors and be subject to stricter oversight of their handling of customers' assets under a plan proposed by federal regulators on Wednesday.

Applications for home mortgages saw their biggest jump in three months last week, fueled by demand for refinancing as interest rates continued to fall, an industry group said on Wednesday.

U.S. securities brokers would be more closely scrutinized by accountants and be subject to stricter rules for how they handle their customers' assets under a plan proposed by federal regulators on Wednesday.

A closely watched measure of consumer prices logged its biggest rise in nearly three years in May and a regional factory gauge contracted this month, showing the economy facing a troubling mix of weakness and inflation.

Stocks fell early Wednesday on worries the Greece debt crisis may escalate and after a negative reading on New York State manufacturing underscored the headwinds facing the economy.

Core consumer inflation rose at quickest pace in nearly three years in May and a regional manufacturing gauge contracted this month, underscoring the headwinds facing the economy.

Core consumer inflation rose at quickest pace in nearly three years in May and a regional manufacturing gauge contracted this month, underscoring the headwinds facing the economy.

TerreStar Networks Inc said it has received a $1.375 billion cash bid from billionaire Charlie Ergen's Dish Network Corp to buy the telecommunications company's assets through a bankruptcy auction, court papers show.