U.S. economy at beginnings of recovery: Geithner
U.S. Treasury Secretary Timothy Geithner on Tuesday said that the U.S. economy appeared to be picking up steam and G20 leaders gathering in Pittsburgh this week would strive to ensure the recovery was balanced. Read Full Article here.
Obama calls for world action on climate change
President Barack Obama challenged the world on Tuesday to act swiftly to fight global warming but offered no new proposals that could jumpstart stalled talks on a U.N. climate pact. Read Full Article here.
Citi, UBS, Deutsche Bank fined over Vonage IPO
A U.S. regulator ordered Citigroup Inc, UBS AG and Deutsche Bank AG to pay up to $845,000 in fines and restitution because of communications breakdowns related to the 2006 initial public offering of Vonage Holdings Corp. Read Full Article here.
Wall St edges up as commodities rise
U.S. stocks rose slightly on Tuesday as the U.S. dollar hit a 1-year low against the euro ahead of the start of a Federal Reserve policy meeting, boosting oil and metals prices. Read Full Article here.
Lowe's FY 2010 view may fall short, shares down
Home improvement retailer Lowe's Cos Inc forecast earnings for its next fiscal year that could fall short of Wall Street expectations, sending its shares down 2.3 percent. Read Full Article here.
Kraft and Cadbury CEOs brief investors on bid battle
Kraft and Cadbury chief executives were meeting their investors in the same London building to seek support in a bid battle after Cadbury asked the UK Takeover Panel to give a ruling on Kraft's 9.9 billion pound ($16.17 billion) bid. Read Full Article here.