NEW YORK (Reuters) – U.S. stock index futures fell on Monday as investors assessed whether a possible debt default by two of Dubai’s flagship firms could threaten a global economic recovery.
WASHINGTON (Reuters) – The Treasury Department is expected to meet with lenders on Monday to press them to do more to rework troubled home mortgage loans, a source familiar with the Treasury’s thinking said.
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Treasury to meet with mortgage servicers
The world’s largest atom smasher on Monday broke the record for proton acceleration previously held by a U.S. lab, sending beams of the particles at 1.18 trillion electron volts around the massive machine. The Large Hadron Collider eclipsed the previous high…
Large Hadron Collider – CERN – Particle accelerator – Proton – Electron volt
DUBAI (Reuters) – United Arab Emirates stocks dived on Monday as investors waited for clarity on Dubai’s plan to delay repaying billions of dollars in debt and government word on how it would tackle a crisis that has rattled global markets.
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UAE markets dive on Dubai debt woes
Las Vegas Sands Corp.’s Macau operation tumbled 10 percent in its first day of Hong Kong trade Monday, after raising $2.5 billion in an initial public offering to help restart its languishing gambling projects. Shares of Sands China Ltd. closed at 9.32 Hong…
Hong Kong – Las Vegas Sands – Macau – Initial public offering – Asia
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Sands China tumbles 10 percent in Hong Kong debut
Stock futures are pointing to a modest decline Monday as investors try to balance concern about fallout from Dubai’s debt crisis against encouraging signs from U.S. consumers. Overseas markets were mixed with Asian stocks rallying sharply. After initial sharp…
Dubai – United Arab Emirates – United States – Middle East – Stock
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Stock futures point to lower open on Dubai worries
Bank of America is sending its credit card customers a one-page letter with a simple explanation of the interest rates and fees they’re being charged starting Monday. While not mandated by the federal credit card reforms to take effect in February, Bank of…
Bank of America – Credit card – United States – Interest rate – Business
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BofA aims to clearly spell out credit card terms
EPATraders work on the floor of the New York Stock Exchange.NEW YORK — Stocks appear headed for a modest decline today as investors weigh concern about fallout from Dubai’s debt crisis against improving signs from U.S. consumers. Global markets are…
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Wall Street expects lower start as traders watch Dubai’s debt crisis
Officials from Saab Automobile AB and the Swedish government traveled to Detroit Monday in a final attempt to help General Motors Co. find a solution for the troubled Swedish auto maker. Saab spokeswoman Gunilla Gustavs said CEO Jan Ake Jonsson would meet…
GeneralMotors – Detroit – Automotive industry – Saab – Saab Automobile
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Saab CEO in Detroit to meet new potential buyers
MUMBAI (Reuters) – Nestle India Ltd said on Monday its board will meet December 7 to consider unlisted Speciality Foods India’s proposal to sell its healthcare nutrition business on mutually agreed terms.
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Nestle board to consider acquisition Dec 7
Consumer prices in the 16 countries that use the euro rose by 0.6 percent in the year to November, the first annual increase since April, official figures showed Monday. The EU’s statistics office Eurostat did not provide any reasons behind the estimated…
European Union – Eurostat – Eurozone – Inflation rate – Statistics
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Eurozone inflation rate up at 0.6 percent in Nov
There’s an intriguing idea floating around the media: Microsoft Corp. wants to undercut Google so badly in Internet search that it might pay newspapers to withhold their content from Google. Just don’t count on that turning into a lucrative plan for…
Google – Microsoft – Web search engine – Search – Newspaper
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Don’t bet newspapers will get rich shunning Google
European stock markets fell again Monday amid concerns about Dubai’s debt problems, even though the United Arab Emirates’ central bank pledged to make extra funding available to all banks in the country, including foreign institutions with local branches. In…
United Arab Emirates – Dubai – Middle East – Stock market – Asia
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European stocks down as Dubai debt worries linger
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Hedge Funds Buy, Individuals Sell
Between the 1990 and the 2000 census, the number of people working at home grew by one-third, and it’s expected to be a lot higher in the next population count. While some tout the joys of toiling in one’s pajamas,…
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Image matters, even when working from home