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Reuters: Business News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.

Reuters News
  • Greece wrangling tempers market momentum; RBA holds rates
    TOKYO (Reuters) - Greek resistance to the strict conditions attached to a bailout fund on Tuesday sapped recent momentum in markets spurred by hopes the global economy is improving, and the euro fell on renewed fears of a messy debt default.



  • UBS predicts poor Q1 over euro zone woes
    ZURICH (Reuters) - UBS warned of a poor first quarter as uncertainty surrounds the eurozone, its banks and U.S. deficit issues, as it posted a sharp drop in fourth-quarter profit that missed analyst expectations on Tuesday.



  • SEC to propose new rules for money-market funds: WSJ
    (Reuters) - The Securities and Exchange Commission (SEC) will unveil proposals aimed at stabilizing money-market funds in the event of another financial panic, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.



  • Facebook governance a concern for California pension fund
    NEW YORK (Reuters) - Facebook's corporate governance rules, which give shareholders little say in how the social networking website would be run as a public company, are raising the hackles of one of the largest U.S. investors, the California State Teachers' Retirement System.



  • Lockheed's F-35 fighter jet under renewed pressure
    WASHINGTON (Reuters) - Key U.S. senators raised fresh questions about Lockheed Martin Corp's $382 billion F-35 fighter program on Monday as the Pentagon's top weapons buyer underscored deep flaws in the way the multinational arms program was set up from the start.



  • MGM gets $500 mln loan to expand film, TV slate
    LOS ANGELES (Reuters) - Metro-Goldwyn Mayer said its lenders agreed to loan the studio $500 million to retire debt it took on when it emerged from bankruptcy about a year ago and to expand its film and TV production.



  • Greek leaders face crunch talks, unions strike
    ATHENS (Reuters) - Greek political leaders face crunch talks on Tuesday to hammer out a deal on unpopular reforms that have prompted the country's biggest labor unions to walk off the job.



  • Mortgage deal faces setbacks, again
    (Reuters) - A multi-state mortgage settlement in the works for more than a year will likely be pushed back again as dissident U.S. states continue to press specific concerns and ignore a Monday deadline to decide whether they will sign it.



  • BofA investor lawsuit wins class-action status
    (Reuters) - Investors suing Bank of America Corp won class-action status for their lawsuit accusing the bank of fraudulently misleading them about the 2008 takeover of Merrill Lynch & Co and the size of Merrill's losses and bonus payouts.



  • SEC's Gallagher wants more oversight of brokers
    WASHINGTON (Reuters) - Congress made a mistake when it stripped away most of the Securities and Exchange Commission's authority to police the holding companies of broker-dealers for risks, according to the SEC's newest commissioner.



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