U.S. must live within its means: Geithner
The United States must live within its means once its economy recovers if it is to preserve global confidence in the U.S. dollar's status, Treasury Secretary Timothy Geithner said on Friday. Read Full Article here.
Wall St Week Ahead: Earnings blitz to test market's mettle
U.S. stocks could slip this week if the spate of earnings from bellwethers including Apple Inc and Caterpillar Inc do not live up to heightened expectations. Read Full Article here.
Toys R Us facing antitrust probe: report
Toys R Us is facing a U.S. antitrust probe over whether the toy retailer used its market clout to stifle discounting by retail competitors and force consumers to pay higher prices for baby products, the Wall Street Journal reported on Saturday. Read Full Article here.
Obama lashes out against dishonest insurers
U.S. President Barack Obama lashed out on Saturday against the deceptive and dishonest efforts of health insurance companies, who he said are trying to kill healthcare reform, no matter the cost to the country. Read Full Article here.
Industry warns of consequences of dark pool reform
Sweeping rule changes meant to shed light on so-called dark pools, where stock-trading is done anonymously, could ultimately hurt the traditional investors that regulators are trying to empower, trading executives warned over the past few days. Read Full Article here.
Chavez backs dropping U.S. dollar for oil trade
Venezuelan President Hugo Chavez said on Saturday that countries including Venezuela, Russia and Iran had proposed the U.S. dollar should be replaced as the currency used for the oil trade. Read Full Article here.
Schwarzman sees big returns in roller coasters
Stephen Schwarzman is rapidly becoming the king of the thrill ride. The chief executive of Blackstone Group , one of the most powerful private equity firms in the world, is betting that theme parks will deliver strong returns as the economy slowly climbs out of the hole. Read Full Article here.
CIT amends restructuring plan with bondholders
Commercial finance company CIT Group Inc and a group representing its bondholders have agreed on changes to the company's proposed restructuring plan as it looks shore up its finances. Read Full Article here.
CME in informal talks to take over CBOE: report
CME Group Inc , the world's largest derivatives exchange, is in talks to take over the Chicago Board Options Exchange in a deal that would value the largest U.S. options market at up to $5 billion, according to Crain's Chicago Business. Read Full Article here.