France meets Alstom bidders with pledge to protect jobs
PARIS (Reuters) – France said it would defend jobs and its national interest as it met suitors eyeing a breakup of engineering group Alstom on Monday and suggested it preferred Germany’s Siemens over U.S. giant General Electric.
U.S. pending home sales jump, end losing streak
WASHINGTON (Reuters) – Contracts to buy previously owned U.S. homes rose in March for the first time in nine months, a sign the housing market could be stabilizing after suffering a setback from a rise in interest rates and a severe winter.
Buffett: Next Berkshire CEO should be only one to get options
NEW YORK (Reuters) – The next chief executive of Berkshire Hathaway should be the only one at the company to get options, Warren Buffett, the current head of the sprawling conglomerate, said on Monday.
Comcast in deal with Charter as it seeks approval for TWC
(Reuters) – Comcast Corp on Monday agreed to a three-way deal with Charter Communications Inc as part of Comcast’s efforts to win regulatory approvals for its proposed $45 billion purchase of Time Warner Cable Inc.
U.S. senators ask federal agency to act on recalled GM cars
WASHINGTON (Reuters) – Two Democratic U.S. senators on Monday called on the Department of Transportation to urge owners of 2.6 million recalled General Motors cars to stop driving them until they are repaired, which could take months as dealerships wai…
UK prosecutor charges US-based ex-Barclays staff in Libor probe
LONDON (Reuters) – Britain on Monday filed its first criminal charges against U.S.-based Libor traders, as the UK arm of a complex global investigation into alleged benchmark interest-rate rigging stretches across the Atlantic.
UK prosecutor charges US-based ex-Barclays staff in Libor probe
LONDON (Reuters) – Britain on Monday filed its first criminal charges against U.S.-based Libor traders, as the UK arm of a complex global investigation into alleged benchmark interest-rate rigging stretches across the Atlantic.
Putin’s oil tsar emerged from shadows to wield vast power
MOSCOW (Reuters) – When Vladimir Putin brought Igor Sechin out of the shadows and into the Kremlin 14 years ago, Russian newspapers said they had no photographs of him and alluded to his behind-the-scenes influence by calling him Darth Vadar.
AOL investigates cyber attack, says user data compromised
BOSTON (Reuters) – AOL Inc on Monday urged its tens of millions of email account holders to change their passwords and security questions after a cyber attack compromised about 2 percent of its accounts.
U.S. justices agree to hear homeowner case against bank
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday agreed to decide what process struggling homeowners need to follow if they want to back out of mortgages issued when lenders fail to adhere to a federal disclosure law.