US / Canada

Macquarie Said to Cut 10 Percent of Asia Investment Banking Jobs

Macquarie Group Ltd., Australia’s biggest investment bank, cut about 10 percent of its investment banking workforce in Asia last week, two people with knowledge of the departures said.

Monday, February 13, 2012 (Business Week)

Okun’s Law Breaks as Jobless Rate Unexpectedly Falls: Tom Keene

A gauge known as Okun’s Law that’s historically used to predict the U.S. unemployment rate based on the economic growth outlook is “broken,” according to Goldman Sachs Inc.

Monday, February 13, 2012 (Business Week)

U.S. OKs Google's Motorola bid

Its acquisition of the smartphone arm is cleared.

Monday, February 13, 2012 (Politico)

Quebec's North Plan generates $6B

Quebec Premier Jean Charest says his government’s effort to develop the resources of its northern territory has generated $6-billion worth of investment

Monday, February 13, 2012 (Financial Post)

Corrections: Rackspace Hosting, Yingli rise after hours

An early version of the After Hours column on Monday gave incorrect share prices for Rackspace Hosting Inc. and Yingli Green Energy Holding Co. The story has been corrected.

Monday, February 13, 2012 (MarketWatch)

Greece and the Test of Sovereignty

The Greek struggle with austerity points to a central question about sovereignty in 2012. Who has a monopoly on using power?

Monday, February 13, 2012 (Business Week)

Super PACs: Real life, or Comedy Central?

There’s no sign of serious challenges to the behavior Colbert and Stewart have been lampooning.

Monday, February 13, 2012 (Politico)

Ontario government to sell LCBO headquarters

Ontario's finance minister announced Monday the province will sell off the LCBO's downtown Toronto headquarters in a bid to save money.

Monday, February 13, 2012 (CBC)

Google cleared to buy Motorola

Officials in the United States and Europe have approved Google Inc.’s US$12.5-billion purchase of Motorola Mobility Holdings Inc., Reuters reported late Monday

Monday, February 13, 2012 (Financial Post)

Liquidators in further MF fund returns in UK

Some 1,300 clients, with claims of $19m, are to be repaid at the rate of 26 cents on the dollar next week

Monday, February 13, 2012 (Financial Times )

The Intelligent Investor
Economic Monitor