Christian Littlewood, a former banker at Shore Capital Group Plc and Commerzbank AG’s Dresdner Kleinwort, and his wife have been charged with insider trading by the U.K. financial regulator.

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Ex-Investment Banker Charged With Insider Trading (Update2)

BRUSSELS (Reuters) – The European Union’s executive said on Monday it was ready to propose a framework that could be used to aid Greece, despite signs of continuing reluctance from France and Germany to make concrete commitments.

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EU executive to put Greek plan to finance ministers

Abbott Laboratories’ MitraClip clamped leaking cardiac valves together more safely in a study than use of open-heart surgery to stitch the organ, potentially changing medical practice and reaping $1 billion in sales.

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Abbott Clip May See $1 Billion as Surgery Alternative (Update1)

International demand for long-term U.S. financial assets weakened in January as China and Japan, the two biggest holders of Treasuries, reduced their positions.

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Global Demand for U.S. Assets Slowed in January (Update1)

Boston Scientific Corp. fell 15 percent in early trading after analysts said the company had halted sales of heart-rhythm devices because of a documentation error with its U.S. regulatory filings.

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Boston Scientific Drops on Reported Halt of ICD Sales (Correct)

U.S. stocks fell for a second day after Moody’s Investors Service said the nation has moved closer to losing its AAA credit rating and concern grew that China and India will restrict economic growth to curb inflation.

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U.S. Stocks Fall on Concerns Over Credit Rating, China Economy

United Arab Emirates Central Bank Governor Sultan bin Nasser al-Suwaidi said that Dubai isn’t likely to need more central bank aid as one of its companies restructures $26 billion in debt.

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Al-Suwaidi Says Dubai Not Likely to Need More Aid (Update2)

Phillips-Van Heusen Corp. agreed to buy clothing maker Tommy Hilfiger BV from private-equity firm Apax Partners LP for 2.2 billion euros ($3 billion), adding the brand to its Calvin Klein and Izod lines. Phillips-Van Heusen jumped in New York trading.

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Phillips-Van Heusen to Buy Hilfiger for $3 Billion (Update2)

You may not have celebrated the one-year anniversary of the stock market bottom last week, but mutual fund mutual fund executives were, because their worst 12-month period in recent history was becoming a bad memory. Fund companies sometimes encourage investor…

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Healing investor wounds takes time

NEW YORK (Reuters) – Stocks fell at the open on Monday, weighed by persistent concerns over a possible monetary tightening in China that could slow the global recovery from recession.

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Wall St. edges lower on China policy concerns

Investors are entering the new trading week tentatively after Moody’s Investors Service said the U.S. could eventually lose its top-notch credit rating. Stocks fell slightly in early trading Monday. A new report showed manufacturing activity in New York has…

Business – Investing – Commodities and Futures – Economy of the United States – United States Department of Commerce

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Stocks fall slightly in early trading

Industrial production unexpectedly rose in February as growing demand for computers and communications gear overcame a drop in autos, pointing to a pickup in U.S. business spending.

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U.S. Production Climbs

China retained its spot as the biggest foreign holder of U.S. Treasury debt in January although it trimmed its holdings for a third straight month. The string of declines are likely to underscore worries that the U.S. government could face much higher…

China – United States Treasury security – Federal government of the United States – Debt – Finance

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China trims holdings of Treasury securities

WASHINGTON (Reuters) – Safety investigators have found no evidence so far to support or disprove a California motorist’s claim his Toyota Motor Corp Prius sped out of control on its own, and cautioned the case may never be explained, U.S. regulators said on Monday.

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Investigators say no explanation yet for Calif. Prius claim

Manufacturing in the New York region expanded in March for an eighth straight month, indicating factories are sustaining production and lifting the U.S. economy.

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NY Manufacturing Expands for 8th Month