Congress demands BofA details on Merrill deal: report
A House of Representatives panel has told Bank of America Corp that it cannot use attorney-client privilege to withhold from Congress details on its purchase of Merrill Lynch, The New York Times reported on Monday. Read Full Article here.
Dell to buy Perot Systems for $3.9 billion
Dell Inc said it had struck a deal to acquire computer services maker Perot Systems Corp in a cash transaction the personal computer maker valued at about $3.9 billion. Read Full Article here.
World stocks slip as G20, Fed loom
World stocks retreated further from last week's 11-month high on Monday as lower commodity prices and caution ahead of a Federal Reserve meeting and G20 summit prompted investors to trim risky trades. Read Full Article here.
NY insurance official raises concerns over Moody's
An official in the New York Insurance Department says insurance regulators from across the country are expected to discuss dropping Moody's Investors Service from a list of acceptable rating organizations at a meeting later this week. Read Full Article here.
China eases Macau visas; casino shares soar
China has quietly eased restrictions on its citizens traveling from Guangdong province to Macau, sending casino stocks soaring on Monday as industry executives bet on record October earnings in the world's hottest gambling market. Read Full Article here.
FCC to unveil open Internet plan
The top U.S. communications regulator plans to unveil proposals Monday for ensuring Web traffic is not slowed or blocked based on its content, sources familiar with the contents of the speech said on Friday. Read Full Article here.
Starbucks, Dell to aid online effort to save rainforest
Environmental activists are taking to the Internet in a new bid to help save the world's rainforests with the help of major corporations including Starbucks Corp and Dell Inc. Read Full Article here.
Geely, Goldman in $250 million bond deal talks: sources
An investment arm of Goldman Sachs Group is in talks with China's biggest privately-owned car maker Geely Automotive <0175.HK> to buy about $250 million of the company's convertible bonds, two sources said. Read Full Article here.
U.S. extends tax amnesty deadline to Oct 15: report
U.S. tax authorities will extend a limited amnesty program for U.S. taxpayers who have undeclared income on foreign accounts to October 15 from September 23, The Wall Street Journal said on Monday, citing unnamed government officials. Read Full Article here.