U.S. hiring outlook positive; global employers uncertain: report
NEW YORK (Reuters) – More employers in the United States plan to hire workers next quarter than in any period since the fourth quarter of 2008, according to a survey by Manpower Group , the global employment services giant.
Apple unveils music streaming service, revamps iOS
SAN FRANCISCO (Reuters) – Apple Inc unveiled a music streaming service called iTunes Radio and new mobile software on Monday, in the biggest re-design of its operating system since the original iPhone was introduced in 2007.
BofA could still put Countrywide into bankruptcy, executive says
NEW YORK (Reuters) – Bank of America Corp could put its Countrywide Financial unit into bankruptcy if it fails to win court approval for an $8.5 billion settlement with mortgage investors, a bank executive said on Monday.
Wall Street finishes flat as U.S. gets stable credit outlook
NEW YORK (Reuters) – Stocks ended little changed in weak volume on Monday, pausing after the previous session’s strong gains and getting only a brief boost when the United States’ credit outlook was revised to stable from negative.
ECB to defend bond-buying plan in German courtroom duel
BERLIN (Reuters) – The European Central Bank will defend its bond-buying programme in a German court this week against charges it is really an illegal scheme to fund euro zone members through the back door.
Saab parent’s $3 billion lawsuit versus GM thrown out by U.S. judge
DETROIT (Reuters) – Dutch sports car maker Spyker NV’s $3 billion lawsuit accusing General Motors Co of trying to bankrupt Swedish automaker Saab was dismissed by a U.S. federal judge on Monday who said the U.S. automaker had the right to block the sal…
Alpha Now-Same-store sales rise in May as sunny weather brings out shoppers
June 10 – Rising temperatures in May brought a foretaste of summer and shoppers responded. The month had it all – nice weather, holidays and retail discounting. The Thomson Reuters Same-Store Sales (SSS) Index actual result for May showed a strong gain…
Former Bristol-Myers executive admits to insider trading
(Reuters) – A former Bristol-Myers Squibb Co finance executive on Monday pleaded guilty to an insider trading charge, admitting to buying stock options in a biotechnology company that the drugmaker was preparing to buy.
S&P revises U.S. credit outlook to ‘stable’ from negative
NEW YORK (Reuters) – Standard & Poor’s on Monday removed the near-term threat of another credit rating downgrade for the United States by revising its outlook to stable from negative, citing an improved economic and fiscal outlook.
Organic growers lose decision in suit versus Monsanto over seeds
(Reuters) – Monsanto Co. on Monday won another round in a legal battle with U.S. organic growers as an appeals court threw out the growers’ efforts to stop the company from suing farmers if traces of its patented biotech genes are found in crops.
