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Rochdale Securities' analyst Richard Bove said fears of a possible impact of a European debt crisis on U.S. banks were overblown, with only Citigroup and JP Morgan Chase having a significant exposure to the crisis.

Stock futures pointed to sharp falls for equities on Monday after tumbling in the previous session following the resignation of a top official at the European Central Bank, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 down 1.6 to 1.9 percent.

European index futures tumbled on Monday, following a slide in Asian equities, and the euro slumped to a 10-year low against the yen after the resignation of a top European Central Bank official cast further doubt on the region's ability to tackle its worsening sovereign debt crisis.

The Treasury is weighing a proposal to eliminate some, but not all, of the taxes on overseas profits of U.S.-based companies, the Wall Street Journal reported on Saturday, citing two people familiar with the deliberations.

Musicians are likely to win longer copyright protection of their work in Europe next week, helping artists and record labels as music revenues decline, and bringing Europe closer into line with the United States.

U.S. stocks tumbled on Friday after the top German official at the European Central Bank resigned in protest of the bank's bond-buying program, which has been a major tool in fighting the region's debt crisis.

In the event the Bank actually follows through with this huge elimination, it would represent one of the biggest job culls in recent corporate history.

Bank of Nova Scotia (BNS.TO) said on Friday it will buy a near 20 percent stake in Bank of Guangzhou for about C$719 million ($722 million) to expand its footprint in China, becoming the latest foreign bank to invest in a Chinese bank before the bank does an IPO.

Bank of America executives have discussed slashing roughly 40,000 jobs during the first wave of a restructuring, the Wall Street Journal reports, citing people familiar with the plans.

Dismissed Yahoo CEO Carol Bartz really has a way with words. In an interview with Fortune, Bartz said she thinks the Yahoo board that fired her completely did her wrong, and she doesn't mince words.

Bank of America Corp Chief Executive Brian Moynihan is running out of time to fix the largest U.S. bank.

Nvidia's stock has soared after the company's Chief Executive Jen-Hsun Huang outlines a strong fiscal outlook for next year.

AT&T Inc can lower the price it pays for T-Mobile USA Inc if the remedies requested by regulators become too expensive, a Bloomberg report said, citing three people with direct knowledge of the merger contract.

AT&T must pay a hefty break-up fee to Deutsche Telekom, the owner of T-Mobile USA, the German company said. Last week, the U.S. Justice Department filed to block the $39 billion deal.

State prosecutors accusing major U.S. banks of improper mortgage practices have offered them a deal that may limit their legal liabilities in return for a multibillion-dollar payment, the Financial Times reported Tuesday.

Big U.S. banks in talks with state prosecutors to settle claims of improper mortgage practices have been offered a deal that may limit their legal liabilities in return for a multibillion-dollar payment, the Financial Times reported on Tuesday.

Wall Street was set to fall more than 1 percent at the open on Friday after data showed U.S. employment growth ground to a halt in August, adding to worries about the health of the economy.

Stock index futures fell on Friday ahead of labor market data expected to underscore fears the economy is headed for another recession and as concerns about the euro zone debt crisis resurfaced.

Gold prices held steady on Friday as investors stood on the sidelines ahead of a key U.S. payrolls report due later in the day, after recent data sent mixed signals about the status of the world's largest economy.

Gold prices held steady Friday as investors stood on the sidelines ahead of a key U.S. payrolls report due later in the day