Obama says boosting jobs is a top priority
President Barack Obama assured Americans on Monday that boosting jobs was a top priority, but gave no specifics about how to meet this goal that some economists say warrants more government spending. Read Full Article here.
HP triples stock buyback plan, profit up 14 percent
Hewlett-Packard Co tripled the size of its share repurchase program to $12 billion as China sales and better profit margins on its services boosted quarterly earnings. Read Full Article here.
Ferreros united in viewing Cadbury options -source
Italy's Ferrero family is united in its decision to look at options for British confectioner Cadbury, a source close to the family told Reuters, after newspapers reported a potentially deal-breaking division. Read Full Article here.
Icahn outbids Penn for Fontainebleau Las Vegas
Financier Carl Icahn has offered $156.5 million to acquire the partially built Fontainebleau Las Vegas resort, which has been stalled in bankruptcy court since June, according to the resort's chief operating officer. Read Full Article here.
Businesses still cautious on borrowing
A trade group for the lenders that finance half the capital equipment investment in the United States said on Monday that U.S. businesses remain hesitant about borrowing to invest in their operations. Read Full Article here.
More retail brokers mull breaking away: study
As the economy shows signs of stabilizing, major retail brokers are increasingly comfortable with leaving the largest brokerage houses and setting out on their own, according to a company that provides services to the brokers. Read Full Article here.
Hedge funds may get $11 billion frozen at Lehman
Lehman Brothers International (Europe), where more than $35 billion of hedge fund assets have been frozen since the bank's collapse last September, could return about $11 billion to fund managers by March if enough firms approve a new plan. Read Full Article here.