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US / Canada
Moody’s downgrades Spain, Portugal, Italy
Moody’s Investors Service knocked two notches off Spain’s sovereign-debt rating, while lowering ratings on Italy and Portugal by one notch on continued worries surrounding the sovereign-debt crisi
Tuesday, February 14, 2012 (MarketWatch)
Cathay Pacific Says Cargo Slowdown May Stretch Into Second Half
Cathay Pacific Airways Ltd., the largest international air-cargo carrier, said a freight slowdown may continue into the second half after it reported a 10th consecutive decline in monthly volumes.
Tuesday, February 14, 2012 (Business Week)
Google’s Motorola Mobility Bid Gets U.S. Antitrust Approval
Google Inc.’s $12.5 billion purchase of Motorola Mobility Holdings Inc. was approved by U.S. antitrust regulators, expanding the company’s mobile-phone patents and increasing competition w
Tuesday, February 14, 2012 (Business Week)
Attacks on Diplomats Raise Specter of Escalating Israel-Iran War
U.S. officials and defense analysts are concerned that a covert war of assassinations between Israel and Iran could escalate out of control.
Tuesday, February 14, 2012 (Business Week)
Rioters Set Fire to 45 Buildings in Athens Austerity Protest
Rioters set fire to as many as 45 buildings during violent street protests against government austerity measures in central Athens late yesterday and overnight, Greek police said.
Tuesday, February 14, 2012 (Business Week)
Scene Last Night: Chefs Bouley, Humm Cook With Olympic Swimmer
On Saturday night, chefs Daniel Boulud, Tom Colicchio, Daniel Humm, David Bouley and Florian Bellanger gathered in Bouley’s test kitchen in Tribeca to prepare a meal for 50 guests.
Tuesday, February 14, 2012 (Business Week)
Ex-LBO Lawyer Sees $30,000 Suit for Bankers, LeBron: Interview
As a private-equity lawyer at Kirkland & Ellis LLP, Duncan Quinn favored custom-tailored suits. His idea of a hobby was to open a Manhattan boutique in 2003.
Tuesday, February 14, 2012 (Business Week)
Dollar Gains After Moody’s Rating Cuts; Yen Drops on BOJ Easing
The dollar gained versus all its major counterparts after Moody’s Investors Service cut ratings on European nations including Italy, Spain and Portugal, boosting demand for safer assets.
Tuesday, February 14, 2012 (Business Week)
Euro Rises Versus Dollar, Yen as Greece Approves Austerity Plan
The euro approached a two-month high against the dollar after Greek Prime Minister Lucas Papademos won approval from parliament for austerity measures needed to receive a second aid package.
Tuesday, February 14, 2012 (Business Week)
Google’s Wins U.S. Antitrust Approval to Buy Motorola Mobility
Google Inc. won U.S. antitrust approval to purchase Motorola Mobility Holdings Inc. for $12.5 billion and expand its mobile-phone patents to increase competition with Apple Inc.
Tuesday, February 14, 2012 (Business Week)
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