AT&T to sell data centers worth $2 billion: sources
NEW YORK/SAN FRANCISCO (Reuters) – AT&T Inc is selling some data centers worth about $2 billion as it continues its streak of asset sales, people familiar with the matter said on Monday.
Billionaire Steve Cohen eyes college graduates for his firm
BOSTON (Reuters) – Billionaire Steven A. Cohen, who oversees only his personal fortune after decades of running one of the world’s biggest hedge funds, wants to recruit newly minted college graduates into his army of hundreds of investment professional…
Judge rules for Wells Fargo in NY challenge over mortgage settlement
WASHINGTON (Reuters) – A U.S. judge on Monday rejected allegations by the New York state attorney general that Wells Fargo was not complying with the $25 billion mortgage settlement that federal and state authorities reached with five banks in 2012.
Wall St. rallies late on Greek deal hopes; energy gains
NEW YORK (Reuters) – Stocks ended sharply higher on Monday after a late rally driven by hopes for a Greek debt deal and as energy shares bounced with oil prices.
Oil up 11 percent after two-day rally; trade volatile on stock builds
NEW YORK (Reuters) – Oil prices rose strongly again on Monday, tacking on a total of 11 percent over two straight sessions, as some investors bet that a bottom had formed to the seven-month long rout on the market even as others remained pessimistic.
Verizon close to deals to sell over $10 billion in assets: WSJ
(Reuters) – Verizon Communications Inc is nearing wrapping up deals to sell more than $10 billion in assets, the Wall Street Journal reported, citing people familiar with the matter.
Nissan rejects U.S. government offer to mediate Mississippi UAW row
DETROIT (Reuters) – Nissan Motor Co has rejected a U.S. State Department offer to mediate a dispute between the company and the United Auto Workers over claims of anti-union practices as the UAW tries to organize workers in Mississippi.
Lululemon founder to leave board, keep stake in yogawear chain
(Reuters) – Lululemon Athletica Inc founder Chip Wilson said on Monday he is quitting the board of directors of the yogawear retailer, hit nearly two years ago by a major recall, because the company was back on track with a strong management team.
U.S. consumer spending in December weakest since 2009
WASHINGTON (Reuters) – U.S. consumer spending recorded its biggest decline since late 2009 in December with households saving the extra cash from cheaper gasoline.
U.S. banks say global ‘too-big-to-fail’ plan is too strict
WASHINGTON (Reuters) – A plan by regulators for the world’s biggest banks to hold more capital to withstand financial shocks is overly demanding, major U.S. bank groups said on Monday, urging further study into how to avoid future taxpayer bailouts.
