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U.S. regulator sues JPMorgan over WaMu mortgage securitiesU.S. regulator sues JPMorgan over WaMu mortgage securities

[2013-01-05 12:00:00]
WASHINGTON (Reuters) - The U.S. credit union regulator sued JPMorgan and Washington Mutual late Friday over $2.2 billion in mortgage securities sold...

Exclusive: U.S. House panel probes SEC spending on consultantsExclusive: U.S. House panel probes SEC spending on consultants

[2013-01-05 12:00:00]
WASHINGTON (Reuters) - The U.S. House Oversight Committee is probing the Securities and Exchange Commission's spending on outside consultants from Booz Allen...

Citigroup to seek permission to buy back shares: WSJCitigroup to seek permission to buy back shares: WSJ

[2013-01-05 12:00:00]
NEW YORK (Reuters) - Citigroup Inc is planning to ask regulators for permission to buy back a "minimal" number of shares, the...

U.S. senators seek probe into royalties on coal exportsU.S. senators seek probe into royalties on coal exports

[2013-01-05 12:00:00]
WASHINGTON (Reuters) - Two influential U.S. senators have asked the Interior Department to examine whether coal companies are dodging hundreds of millions...

Fed officials suggest possible end to asset purchases in 2013Fed officials suggest possible end to asset purchases in 2013

[2013-01-05 12:00:00]
SAN DIEGO (Reuters) - The Federal Reserve could halt its asset purchases this year, two top Fed officials suggested on Friday, a...

Mediocre job growth points to slow grind for U.S. economyMediocre job growth points to slow grind for U.S. economy

[2013-01-05 12:00:00]
WASHINGTON (Reuters) - U.S. employers kept their pace of hiring steady in December, falling short of the levels needed to bring down...

Wall Street Week Ahead - Wall Street Week Ahead - "Cliff" concerns give way to earnings focus

[2013-01-05 12:00:00]
NEW YORK (Reuters) - Investors' "fiscal cliff" worries are likely to give way to more fundamental concerns, like earnings, as fourth-quarter reports...

SEC drops case against ex-Berkshire exec Sokol: lawyerSEC drops case against ex-Berkshire exec Sokol: lawyer

[2013-01-04 12:00:00]
(Reuters) - The U.S. securities regulator has decided not to take action against David Sokol, once considered a possible candidate for the...

Automakers in China brace for year of tepid growth as Japanese struggleAutomakers in China brace for year of tepid growth as Japanese struggle

[2013-01-04 12:00:00]
BEIJING/SHANGHAI (Reuters) - Automakers in China are bracing for another year of tepid single-digit growth in 2013, weighed down by sluggish demand...

Insight: Insight: "Fiscal cliff" fracas: From smiles to distrust to rancor

[2013-01-04 12:00:00]
On November 16, after their first "fiscal cliff" session with President Barack Obama, the four leaders of Congress had stood in the...

Regulators to ease up on banks to get credit flowing: sourceRegulators to ease up on banks to get credit flowing: source

[2013-01-04 12:00:00]
LONDON (Reuters) - Banks will get more time to build up cash buffers to protect against market shocks under a rule change...

Swiss bank Wegelin to close after guilty pleaSwiss bank Wegelin to close after guilty plea

[2013-01-04 12:00:00]
NEW YORK (Reuters) - Wegelin & Co, the oldest Swiss private bank, said on Thursday it would shut its doors permanently after...

Hiring seen edging up, recovery grinds onHiring seen edging up, recovery grinds on

[2013-01-04 12:00:00]
WASHINGTON (Reuters) - U.S. employers likely stepped up hiring a touch in December as retailers and other businesses took on more staff...

Global shares, oil slip on Fed stimulus nervesGlobal shares, oil slip on Fed stimulus nerves

[2013-01-04 12:00:00]
LONDON (Reuters) - World shares, oil and copper edged lower on Friday and the dollar rose after U.S. Federal Reserve officials raised...

Worst of euro zone's downturn may have passed: PMIsWorst of euro zone's downturn may have passed: PMIs

[2013-01-04 12:00:00]
LONDON (Reuters) - Tentative signs emerged in December that the euro zone economy may have passed the worst of its downturn, although...

Consumers paying down debt despite obstacles: ABAConsumers paying down debt despite obstacles: ABA

[2013-01-03 12:48:00]
(Reuters) - Consumers continued to pay down debt in the third quarter of 2012, but slow job growth and the expiration of...

Safeway CEO to retire this yearSafeway CEO to retire this year

[2013-01-03 12:00:00]
(Reuters) - Safeway Inc's long-time chairman and chief executive, Steve Burd, will retire at the second-largest U.S. supermarket chain's annual meeting on...

Budget deal leaves U.S. defense sector in limboBudget deal leaves U.S. defense sector in limbo

[2013-01-03 12:00:00]
WASHINGTON (Reuters) - Pentagon officials and weapons makers on Wednesday expressed relief after Congress approved a two-month delay in huge budget cuts,...

SunPower inks $2.5 billion deal with Buffett utilitySunPower inks $2.5 billion deal with Buffett utility

[2013-01-03 12:00:00]
(Reuters) - SunPower Corp said it sold two solar projects in California to a company controlled by Warren Buffett's Berkshire Hathaway Inc...

China services growth adds to economic revival hopesChina services growth adds to economic revival hopes

[2013-01-03 12:00:00]
BEIJING (Reuters) - Growth in China's increasingly important services sector accelerated in December at its fastest pace in four months, adding to...



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