U.S. retailers guard profits as holiday sales start
Sales may have risen only slightly on Black Friday as U.S. shoppers sought deals on electronics, toys and clothes, but retailers appeared to have been better-prepared to protect margins against tepid results. Read Full Article here.
Leaders from Google, others to attend White House summit
Leaders from top U.S. companies including Google , AT&T , Disney and FedEx will attend a jobs summit on December 3 at the White House, a White House spokeswoman said on Sunday. Read Full Article here.
Beijing Auto says stay tuned on GM's Saab
Beijing Automotive Industry Holding Corp (BAIC) might still be interested in buying General Motors' Saab unit, the Chinese car company's general manager said on Monday. Read Full Article here.
UAE moves to counter Dubai fallout but markets wary
The United Arab Emirates offered banks emergency support on Sunday, the first steps to ease fears that a looming debt default by two of Dubai's flagship firms could derail the global economic recovery. Read Full Article here.
Regulators list systemic risk institutions: report
Thirty global financial institutions have been selected for cross-border supervision exercises by regulators, the Financial Times reported on Monday. Read Full Article here.
UBS threatens to move HQ from Switzerland: report
Swiss bank UBS is threatening to move its headquarters out of Switzerland if the authorities impose too many new regulations in the wake of the global financial crisis, Swiss weekly paper Sonntag CH said. Read Full Article here.
Barnes & Noble delays Nook shipments to stores
Barnes & Noble Inc said on Sunday it would delay shipments of its newly launched Nook electronic reader to stores as the company strives to deliver preordered devices to consumers before the holidays. Read Full Article here.
Six Flags bondholders submit alternative plan
A group of noteholders of bankrupt regional theme park operator Six Flags Inc said on Sunday it submitted an alternative reorganization plan that transfers most of the equity to them. Read Full Article here.