Business News

Mon, May 21, 2012

Analysis: Asian markets shrug off risk, may regret it

By Vikram Subhedar and Vidya Ranganathan

SINGAPORE (Reuters) - After a three-week selloff in financial markets, measures of risk show investors in Asia are assuming ...

Mon, May 21, 2012

Analysis: The landmine that could explode BP's $7.8 billion deal

By Andrew Longstreth

NEW YORK (Reuters) - BP Plc appears to be well on its way to concluding an estimated $7.8 billion settlement to ...

Mon, May 21, 2012

Early Facebook mutual fund buyers still in money

By Ross Kerber

(Reuters) - Fidelity Investments and other big mutual fund families that were early backers of Facebook Inc are likely still winners despite ...

Mon, May 21, 2012

Bank of America CEO "comfortable" with bank's investments

By Rick Rothacker

(Reuters) - Bank of America Corp is "very comfortable" with the composition of its corporate investment portfolio, which is invested mostly in ...

Mon, May 21, 2012

Lawmakers frustrated in Wal-Mart corruption probe

By Aruna Viswanatha

WASHINGTON (Reuters) - U.S. lawmakers investigating Wal-Mart Stores Inc for alleged bribery in Mexico are frustrated by the lack of cooperation ...

Mon, May 21, 2012

Bank of America CEO "comfortable" with bank's investments

(Reuters) - Bank of America Corp is "very comfortable" with the composition of its corporate investment portfolio, which is invested mostly in government-guaranteed mortgage bonds ...

Mon, May 21, 2012

CFTC chief: Looking at JPMorgan, need global rules

By Alexandra Alper

WASHINGTON (Reuters) - The head of the U.S. Commodity Futures Trading Commission confirmed on Monday that the regulator is investigating JPMorgan ...

Mon, May 21, 2012

Apple, Samsung CEOs in U.S. court talks on patents

By Dan Levine

SAN FRANCISCO (Reuters) - The chief executives of Apple Inc and Samsung Electronics Co Ltd were summoned for court-directed mediation on Monday ...

Mon, May 21, 2012

Exclusive: U.S. lets China bypass Wall Street for Treasury orders

By Emily Flitter

NEW YORK (Reuters) - China can now bypass Wall Street when buying U.S. government debt and go straight to the U ...

Mon, May 21, 2012

Expanding or not, retailers rethink stores

By Phil Wahba

(Reuters) - Retailers believe there is life left in their brick-and-mortar stores and they're trying new ways of making them more ...