Headline News: Business

Market News, Finance News, Financial News, Business News

Italy doesn’t need firewalls, Europe does: Monti

NEW YORK | Fri Feb 10, 2012 7:39pm EST NEW YORK (Reuters) – Italian Prime Minister Mario Monti said Rome will not need bailout funds to overcome its debt crisis, but he reiterated that Europe should build large financial firewalls … Continue reading

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Anxiety over incomes hits consumer morale

By Doug Palmer WASHINGTON | Fri Feb 10, 2012 5:52pm EST WASHINGTON (Reuters) – Americans felt worse about their personal finances in early February, but rising confidence in the labor market’s prospects should help to support spending and the broader … Continue reading

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Italy doesn’t need firewalls, Europe does: Monti

NEW YORK | Fri Feb 10, 2012 7:39pm EST NEW YORK (Reuters) – Italian Prime Minister Mario Monti said Rome will not need bailout funds to overcome its debt crisis, but he reiterated that Europe should build large financial firewalls … Continue reading

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Anxiety over incomes hits consumer morale

By Doug Palmer WASHINGTON | Fri Feb 10, 2012 5:52pm EST WASHINGTON (Reuters) – Americans felt worse about their personal finances in early February, but rising confidence in the labor market’s prospects should help to support spending and the broader … Continue reading

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S&P suffers year’s biggest loss as Greek deal falters

By Ryan Vlastelica NEW YORK | Fri Feb 10, 2012 4:45pm EST NEW YORK (Reuters) – The SP 500 posted its biggest daily percentage decline thus far in 2012 on Friday after an about-face on Greece’s long-awaited debt deal ended … Continue reading

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Anger in Greece as parliament to vote on bailout

By Harry Papachristou and Ingrid Melander ATHENS | Fri Feb 10, 2012 8:56pm EST ATHENS (Reuters) – Greek lawmakers will vote this weekend on a controversial austerity bill that Athens needs to avoid a messy default but which is fuelling … Continue reading

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The Global Lawyer: Global Class Actions After Morrison

February 10, 2012 4:03 PM The Global Lawyer: Global Class Actions After Morrison Posted by Michael D. Goldhaber Two weeks ago I reviewed the wide impact of Morrison v. National Australia Bank in the U.S. federal courts, and the limited … Continue reading

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The Bankruptcy Files, Fashion Week Edition: Barneys Tries Kirkland on for Size

February 10, 2012 6:41 PM The Bankruptcy Files, Fashion Week Edition: Barneys Tries Kirkland on for Size Posted by Brian Baxter As Fashion Week envelopes New York, Barneys New York has tapped Kirkland  Ellis for restructuring counsel. The assignment is the … Continue reading

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The Global Lawyer: Global Class Actions After Morrison

February 10, 2012 4:03 PM The Global Lawyer: Global Class Actions After Morrison Posted by Michael D. Goldhaber Two weeks ago I reviewed the wide impact of Morrison v. National Australia Bank in the U.S. federal courts, and the limited … Continue reading

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The Churn: Lateral Moves and Promotions in The Am Law 200

February 10, 2012 5:18 PM The Churn: Lateral Moves and Promotions in The Am Law 200 Posted by Sara Randazzo Covington Burling announced that it has applied for a license to open an office in Shanghai, and has poached a … Continue reading

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