Posted: 01 Jul 2011 01:28 PM PDT
Reuters - Stocks started July with a bang on Friday with Wall Street scoring its best week in two years on strong manufacturing data that eased concerns about slowing growth.Posted: 01 Jul 2011 06:56 PM PDT
Reuters - Former IMF chief Dominique Strauss-Kahn was released from house arrest on Friday after prosecutors said the hotel maid who accuses him of attempted rape lied to a grand jury and made other false statements.Posted: 01 Jul 2011 07:17 PM PDT
Reuters - Web hosting company The Go Daddy Group Inc agreed to be bought by a private equity consortium led by KKR and Silver Lake for $2.25 billion, including debt, people close to the situation said on Friday.
Posted: 01 Jul 2011 04:23 PM PDT
Reuters - New York state Attorney General Eric Schneiderman has issued subpoenas seeking new depositions from Bank of America's chief executive and other current and former executives, the Wall Street Journal reported, citing people familiar with the situation.Posted: 01 Jul 2011 06:39 PM PDT
Reuters - At the auction for Nortel Networks' wireless patents this week, Google's bids were mystifying, such as $1,902,160,540 and $2,614,972,128.
Posted: 30 Jun 2011 04:11 PM PDT
AP - A federal judge in Georgia rejected claims this week by federal regulators who said investment firm Morgan Keegan & Co. fraudulently sold auction-rate securities to investors, leaving them to hold the bag on $2.2 billion of the debt when the market collapsed in 2008.
Posted: 01 Jul 2011 09:16 AM PDT
AFP - The deadline for raising the US debt ceiling or risk a default remains August 2, the US Treasury said Friday, after speculation that there might be more leeway for politicians to carve a deal.Posted: 01 Jul 2011 01:56 PM PDT
AP - MONDAY, July 4
Posted: 01 Jul 2011 08:14 AM PDT
Reuters - Eurogroup President Jean-Claude Juncker moved forward a meeting of euro zone finance ministers scheduled for Sunday in Brussels and changed it to a conference call on Saturday, his spokesman said on Friday.
Posted: 01 Jul 2011 11:28 AM PDT
Reuters - Bank of America Corp's decision to resolve $14 billion worth of mortgage backed securities-related liabilities might have boosted its stock and bond prices, but it has put it further behind its peers in the race to build up enough capital to be Basel III compliant.
Posted: 01 Jul 2011 06:57 PM PDT
Reuters - Former IMF chief Dominique Strauss-Kahn was released from house arrest on Friday after prosecutors said the hotel maid who accuses him of attempted rape lied to a grand jury and made other false statements.Posted: 01 Jul 2011 11:20 AM PDT
AFP - Spain's government approved measures Friday to help the soaring number of homeowners, many jobless, who cannot pay their mortgages.Posted: 01 Jul 2011 06:22 PM PDT
AP - Call it an Independence Day discount.Posted: 01 Jul 2011 02:48 PM PDT
Investor's Business Daily - Will rebounding state and local government tax revenue slow the push to privatize public services?
Posted: 01 Jul 2011 02:12 PM PDT
AP - Gas prices hit a sweet spot for automakers last month. They fell far enough to spur pickup truck sales, yet remained so high that small cars sold well, sometimes just hours after reaching dealers' lots.
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