MARKETS / FINANCE

Obama to offer deficit reduction plan

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With one budget fight behind him, President Barack Obama will offer a long-term plan for deficit reduction this week in preparation for bigger U.S. spending battles ahead, the White House said on Sunday.
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Obama to offer U.S. deficit plan, more fights loom

With one budget fight behind him, President Barack Obama will offer a long-term plan for deficit reduction this week in preparation for bigger U.S. spending battles ahead, the White House said on Sunday.
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Ex-BP boss eyes trio for new investment fund: report

Petrofac chairman Rodney Chase, ex-Corus chairman Jim Leng and former Enterprise Oil chairman Graham Hearne are expected to be asked to join the board of a new energy investment fund being set-up by Tony Hayward, the Sunday Times said.
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Icelanders again reject Icesave debt deal

Icelanders rejected for a second time a plan to repay $5 billion to Britain and the Netherlands from a bank crash, results showed on Sunday, and Iceland's prime minister warned of economic and political chaos.
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No vote ahead in Iceland debt deal referendum

Voters in Iceland rejected a second plan to repay debts to Britain and the Netherlands from a bank crash, partial referendum results showed Sunday, and the prime minister said economic and political chaos could follow.
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Budget deal avoids shutdown but fight ahead

President Barack Obama signed a short-term spending bill on Saturday that averted a government shutdown, formalizing a compromise deal with Republicans that paves the way for more -- and bigger -- deficit-reduction fights to come.
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U.S. budget deal avoids shutdown, fight ahead

President Barack Obama signed a short-term spending bill on Saturday that averted a government shutdown, formalizing a compromise deal with Republicans that paves the way for more -- and bigger -- deficit-reduction fights to come.
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Budget deal avoids shutdown, fight ahead

President Barack Obama signed a short-term spending bill on Saturday that averted a government shutdown, formalizing a compromise deal with Republicans that paves the way for more -- and bigger -- deficit-reduction fights to come.
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Insider conspirator friend of defendants: sources

The unidentified co-conspirator who funneled tips and cash between a lawyer and trader accused of running a 17-year scheme to trade on corporate merger secrets was a former colleague of both defendants, the New York Times reported.
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Budget deal avoids shutdown

The last-minute budget deal President Barack Obama and congressional leaders struck to avert a government shutdown paves the way for what Republicans promised on Saturday will be more spending fights to come.
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Late budget deal avoids costly shutdown

President Barack Obama and congressional leaders struck a last-minute budget deal on Friday to narrowly avert a government shutdown that would have hit the economy and idled hundreds of thousands of workers.
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Obama, Congress make budget deal, avert shutdown

President Barack Obama and congressional leaders struck a last-minute budget deal on Friday, narrowly averting a government shutdown that would have idled hundreds of thousands of federal workers.
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SEC sues ex-Zwirn fund CFO for cash transfers

U.S. market regulators on Friday sued the former chief financial officer of a multibillion-dollar hedge fund founded by Daniel Zwirn, accusing him of improperly transferring $870 million between the fund's accounts.
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With no budget deal, government shutdown looms

Democratic and Republican leaders traded blame on Friday in a budget impasse that threatened to shut down the government within hours and idle hundreds of thousands of federal workers.
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Lawmakers bicker over budget as shutdown looms

Democratic and Republican leaders traded blame on Friday in a budget impasse that threatened to shut down the government within hours and idle hundreds of thousands of federal workers.
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Will corporate earnings justify gains?

Investors will look to corporate profits and outlooks next week for confirmation the S&P 500 has another leg to its rally as the earnings season gets under way.

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