EARTHQUAKE

Analysis: Japan may lose out as Hitachi-Mitsubishi talks stall

Hiroaki Nakanishi, president of Japanese electronics company Hitachi, attends a news conference in Tokyo
The crumbling of mega-merger talks between Japanese industrial behemoths Hitachi (6501.T) and Mitsubishi Heavy Industries (7011.T) threatens a rare opportunity for Japan to improve its global competitiveness by consolidating century-old companies.

Guidewire hires underwriters for IPO: sources

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Guidewire Software Inc, which sells software to the insurance industry, is gearing up to go public and has selected JPMorgan Chase & Co (JPM.N) and Deutsche Bank (DBKGn.DE) to underwrite the deal, people close to the matter said.
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A trader works on the floor of the New York Stock Exchange

World equities reel towards 8th day of losses

World stock markets fell for the eighth straight session on Friday to the lowest since late 2010, with more losses feared if policymakers do not come to the rescue soon to stabilize the euro zone's debt crisis and prevent the U.S. economy from sliding back into recession.
Tropical Storm Emily

Emily breaks up over Haiti, still threatens rains

Tropical Storm Emily broke apart over the mountains of Haiti and Dominican Republic on Thursday but its remnants still packed rains threatening flash floods and mudslides in the neighboring Caribbean countries.
Residents sit at the malecon as Tropical Storm Emily arrives to Santo Domingo

Haiti Braces for Tropical Storm Emily

According to reports, more than 600,000 homeless Haitians ? driven out of their residences by last year?s devastating earthquake -- are in makeshift camps ahead of Emily?s arrival.
A GM sign is seen outside the Medved General Motors car dealership in Arvada, Colorado

GM Profit Nearly Doubles on Stronger Pricing

General Motors Co.'s quarterly profit nearly doubled, beating expectations, as the top U.S. automaker took a larger share of sales globally and raised prices on its vehicles.
A picture illustration shows U.S. 100 dollar bank notes and Japanese 10,000 yen notes taken in Tokyo

Japan Intervenes to Tame Yen

Japan intervened in currency markets on Thursday to curb the yen's gains that officials fear threatened to derail the economy's recovery from a slump triggered by a massive earthquake in March.
Tropical Storm Emily

Tropical Storm Emily to Make Direct Hit on Haiti, Florida Possibly in its Path

As of 8 a.m. on Wednesday, Emily was located at about 145 miles southeast of Santo Domingo, the capital of the Dominican Republic with maximum sustained winds of 50 miles per hour, or 85 kilometers per hour. Emily is still on a westward movement at a speed of 14 miles per hour, according to the National Weather Service.
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Japan signals in contact with U.S., Europe on strong yen

Japanese Finance Minister Yoshihiko Noda signalled on Tuesday that Tokyo is in close touch with European and U.S. counterparts on the yen's strength, but declined to say if it would sell the yen to rein in its surge in value.
Robot Japan

Robot Seals Help Elderly After Fukushima

At the Suisyoen retirement home 30 km (19 miles) south of the tsunami-wrecked Fukushima Daiichi nuclear plant, elderly Japanese earthquake survivors are finding comfort in a plush, white robot.
House Speaker John Boehner, R-Ohio

Debt Deal Offers Only Small Blessings For Economy

The tentative deal to avoid a crushing debt default is at best a mild relief for the U.S. economy that nearly stalled in the first half of the year and has yet to show signs of any realistic pickup.

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