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Wall Street eases as investors eye Greece
(Reuters)
Reuters - Stocks edged lower on Monday as a delay by debt-ridden Greece in accepting the terms of a bailout gave investors little reason to buy equities after a five-week rally.
Greeks delay bailout talks as Merkel demands action
(Reuters)
Reuters - German Chancellor Angela Merkel told Greece on Monday to make up its mind fast on accepting the painful terms for a new EU/IMF bailout, but the country's political leaders responded by delaying their decision for yet another day.
Fed should raise rates in 2013, Bullard says
(Reuters)
Reuters - The Federal Reserve should start raising interest rates next year, a top Fed official said on Monday, arguing that even if rates stay near zero for many years, U.S. economic output will not bounce back to pre-recession levels.
China growth could halve if Europe crisis worsens: IMF
(Reuters)
Reuters - China's annual economic growth could be cut nearly in half this year if Europe's debt crisis tips the world economy into a recession, putting pressure on Beijing to unveil "significant" fiscal stimulus, the International Monetary Fund said.
Boeing to correct 787 Dreamliner fuselage issue
(Reuters)
Reuters - Boeing has discovered a problem related to the aft fuselage of its 787 Dreamliner planes and is making repairs that will not affect production of the aircraft, the company said in an emailed statement on Sunday.
Analysis: Stock-picking makes a comeback as macro tides fade
(Reuters)
Reuters - Stock-picking once again matters on Wall Street.
Europe's shadow darkens outlook
(Reuters)
Reuters - A renewed focus on Europe's banking and debt crisis may quickly sap the nascent optimism about global economic prospects that followed a remarkably solid U.S. January employment report.
Humana forecast is below Street view; shares fall
(Reuters)
Reuters - Humana Inc reported a quarterly profit that met analyst estimates, but the health insurer failed to raise its full-year forecast up to Wall Street's target and its shares fell 5.4 percent.
France, Germany want closer control of Greek funds
(AP)
AP - France and Germany on Monday sought to impose tighter controls on Greece's finances and warned political leaders in Athens to agree on new austerity measures soon if they didn't want to see their country go bankrupt.
Fidelity Nat'l to buy O'Charley's restaurant chain
(AP)
AP - A title insurance and mortgage services company that already owns a stake in the Bakers Square restaurant chain is buying the restaurant operator O'Charley's Inc., the companies announced Monday.
Greek coalition partners talks postponed for a day
(AP)
AP - Crucial austerity talks set for late Monday between Greece's coalition party leaders are due to be pushed back for a day, the Prime Minister's office said, despite strong pressure from the European Union for a speedy agreement so that the country can avoid a default on its debt.
Euro zone sales tumble at Christmas, no sign of growth
(Reuters)
Reuters - Retail sales in the euro zone tumbled unexpectedly in December, the biggest drop in the Christmas period in three years, data showed on Friday, with rising joblessness and stubborn inflation undercut signs of a stabilization in Europe's economy.
Convicted NY fraudster sentenced in hit plot
(AP)
AP - A convicted New York mortgage fraudster who then tried to get a key witness killed in revenge has gotten another eight to 16 years in prison.
Massachusetts gas prices edge up another 2 cents
(AP)
AP - Massachusetts residents are paying two more cents a gallon at the gas pump, the seventh consecutive week of increases.
Tax reform in this election year: It's not likely
(AP)
AP - Politicians of all stripes in this election year are clamoring for simplifying the tax code and closing loopholes. But that would mean Americans could lose some of their prized deductions.
Chrysler's "Halftime" ad: a roadmap for America?
(Reuters)
Reuters - Is what is good for Chrysler good for America?
