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China's Premier Wen gestures as he addresses a news conference with German Chancellor Merkel at the Chancellery in Berlin

China and Germany Sign Huge Trade Deals

On the final stop of a five-day visit to Europe, the Prime Minister of China Wen Jiabao has signed a huge multi-billion euro trading agreement with Germany.
Post-Market NASDAQ Movers

Post-Market NASDAQ Movers (SIGA, MOBI, NWBI, GAME, CYTX, LPHI, ACHN, CREG, HOGS, SCLN)

The top after-market NASDAQ Stock Market gainers are: SIGA Technologies, Sky-mobi, Northwest Bancshares, Shanda Games, and Cytori Therapeutics. The top after-market NASDAQ Stock Market losers are: Life Partners Holdings, Achillion Pharmaceuticals, China Recycling Energy, Zhongpin, and SciClone Pharmaceuticals.
Will Taxes Rise on Jet-Owning Income Group?

Obama Deficit Reduction Plan May Tax Slice of Mega-Rich, Not Rich

If your adjusted gross income is under $250,000, you may get a reprieve, if the Obama administration's latest deficit reduction proposal becomes law after debt ceiling talks have concluded. The administration is now said-to-be seeking to increase taxes on a narrow slice of the mega-rich, such as owners of private jets.
Former Massachusetts Governor Mitt Romney

Romney: I'll Favor Businesspeople for Cabinet Posts

Former Massachusetts Gov. Mitt Romney, an early frontrunner for the Republican Party's 2012 presidential nomination, defended his work at a private equity firm, saying that he wants people with extensive private sector experience in his cabinet.
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Blackstone asked for extra details on pay by SEC

Private equity and real estate firm Blackstone Group was recently asked by the Securities and Exchange Commission to provide extra information about how it remunerates its executives, according to regulatory filings made public on Monday.
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BMO looking to hire investment bankers in U.S.

Bank of Montreal's BMO Capital Markets, fresh from a two-year hiring spree, is further staffing up its U.S. investment bank to take advantage of a surging market for merger advisory.
Foursquare

Foursquare Raises $50M Capital: Company Valued at $600M

The location-based social networking website, Foursquare Labs Inc., based on software for mobile devices has raised $50 million in new venture capital. Now, the New York-based company is valued at approximately $600 million according to TechCrunch report.
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Foursquare raises $50 million in new round

Mobile location based start-up Foursquare raised $50 million in a round of financing lead by venture capital firm Andreessen Horowitz, the company said on Friday.
Why Can’t Banks Lend?

Why Can’t Banks Lend?

One of the many problems hampering the speed and strength of the economic recovery has been the very restrictive lending guidelines that have arisen since the start of the financial crisis.
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KKR, Silver Lake in talks for GoDaddy.com: sources

Private equity firms KKR and Silver Lake are in talks to buy Internet domain site GoDaddy.com and a deal could be more than $2 billion, two sources familiar with the matter said on Friday.

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