Derivatives differences trigger alarm bells
Differences over how Europe and the United States plan to regulate derivatives is muddying the picture for buyers, who could be saddled with higher costs, a top industry official told the Reuters Global Financial Regulation Summit.
GE, Nissan agree to research vehicle charging
General Electric Co and Nissan Motor Co on Monday announced a three-year agreement to collectively research development of charging stations for electric vehicles.
Markets hammer Greek debt, Germany sets tough terms
Germany said on Monday it could offer aid for Greece within days if it agreed to painful new austerity measures, but rescue jitters pushed the cost of insuring against a Greek debt default to a record high.
Magna wins Volkswagen supply contracts
Canadian auto parts maker Magna International said on Monday it has won contracts to supply a variety of components and systems for Volkswagen Group of America's new mid-sized sedan, expected to hit the U.S. market in 2011.
BlackRock earnings miss estimates, shares fall
BlackRock Inc ., the giant money management firm, reported weaker-than-expected quarterly earnings as its quantitative and cash management funds businesses saw outflows.
Financial reform nears test in Senate
The most sweeping overhaul of financial regulation since the Great Depression was on track to fail its first procedural test on Monday in the Senate, where Republicans vowed to block the Democratic bill.
Germany sets tough terms, markets hammer Greek debt
Germany set tough terms on Monday for Greece to secure emergency aid, increasing uncertainty over a financial rescue that pushed the cost of insuring against a Greek debt default to a record high.
Dow rises on Caterpillar, banks limit gains
The Dow industrials rose on Monday on strong results from Caterpillar, while weakness in financial shares left the broad S&P 500 index little changed.
Bret Michaels' speech slurred after brain hemorrhage
(Reuters) - Rock singer and TV reality star Bret Michaels remained in critical condition, but was conscious and talking with slurred speech after suffering a brain hemorrhage, his publicist said on Sunday.
Harm reduction needed to cut drug-user AIDS risk
(Reuters) - Barely a twentieth of the estimated $3.2 billion needed is put into preventing drug users spreading the AIDS virus, experts said on Monday, and the shortfall is fuelling HIV epidemics in parts of Europe and Asia.
Competition gives TomTom new route to revenue
AMSTERDAM, April 26 - Dutch navigation device maker TomTom is turning competitive pressure to its advantage, selling content and services to the very same mobile phone providers which are eating into its traditional market for satnav devices.
Caterpillar beats and raises outlook
Caterpillar Inc reported a stronger-than-expected quarterly profit on Monday and raised its full-year sales forecast above Wall Street estimates, citing an improving global economy, especially in Asia and Latin America.
Whirlpool sees strong 2010; shares soar
Whirlpool Corp's quarterly profit and full year forecast surpassed Wall Street estimates, helped by sales in Brazil, Asia and North America, sending shares in the world's largest appliance maker up 14 percent.
Germany wants Greek aid ready by May 19
Germany called on Monday for a financial rescue to be ready for Greece by a May 19 debt deadline after uncertainty over the terms and implementation of the aid package pushed Athens' borrowing costs up to a 12-year high.
Volkswagen hikes China investments by 1.6 billion euro
German carmaker Volkswagen will build two new plants in China as part of a 1.6 billion euro ($2.15 billion) expansion plan to capture growth in the world's most dynamic auto market.
Markets advance on Caterpillar results, M&A
U.S. stocks rose on Monday on strong results from Caterpillar and a flurry of merger-and-acquisition activity, though weakness in financial shares limited gains.
Caterpillar beats forecasts, raises outlook
Caterpillar Inc , the world's largest maker of earth-moving equipment, reported stronger-than-expected quarterly profit on Monday and raised its full-year forecast, saying economic conditions are definitely improving, especially in Asia and Latin America.
Goldman's Fabulous Fab's conflicted love letters
Fabrice Tourre and his girlfriend talked like a couple very much in love.
Architect Visit: Mell Lawrence Architects in Austin
Mell Lawrence Architects in Austin manages to achieve that delicate balance of combining traditional barn vernacular with a relevant, modern style.
Bank Foreclosure Listings Put in Spotlight by Court Ruling
A state judge in Florida has ruled against U.S. Bank N.A. which filed a lawsuit against Ernest Harpster when the homeowner defaulted on a loan that he supposedly received in January 2007.
More firms anticipate payrolls growth
More U.S. companies plan to increase their work force over the next six months, a survey showed on Monday, which could lead to a stronger recovery.
Caterpillar beats forecasts and raises outlook
Caterpillar Inc reported a stronger-than-expected quarterly profit on Monday and raised its full-year sales forecast above Wall Street estimates, citing an improving global economy, especially in Asia and Latin America.
Stock futures point to higher open on Caterpillar, M&A
U.S. stock index futures pointed to a higher open on Monday on a flurry of merger-and-acquisition activity and after Caterpillar reported stronger-than-expected quarterly profit.
Banks face pressure to get dull
If the U.S. Congress approves financial regulation reform -- and that looks likely to happen soon -- banking stands to become a duller business.
Germany, markets increase pressure on Greece
Uncertainty over an aid package for Greece pushed up its borrowing costs to a 12-year high on Monday, with demands from Germany for further austerity measures before aid is granted heightening the tension.
Stock futures higher on Caterpillar, M&A flurry
U.S. stock index futures rose on Monday after a new flurry of merger-and-acquisition activity and Caterpillar reported stronger-than-expected quarterly profit.
Stock futures up on Greece optimism, ahead of Caterpillar
U.S. stock index futures were modestly higher on Monday, the first session after hitting a 19-month high, as investors awaited key earnings reports and a Greek official said an aid package would help avert a sovereign debt default.
Vodafone to sell Google phone in UK from April 30
Vodafone will be Europe's first carrier to sell Google's Nexus One phone, starting in Britain on April 30, in a boost for the operator beaten to Apple's iPhone by O2.
Whirlpool trumps estimates; raises FY outlook
Whirlpool Corp's quarterly profit blew past estimates on strong sales in North America, Brazil and Asia, prompting the world's largest appliance maker to raise its full-year outlook.
Mothers and babies at risk due to hospital renovations
Renovations at East Fremantle Hospital made babies and mother's health at risk.