Business Stories

By Grant McCool NEW YORK | Mon May 21, 2012 12:09am EDT NEW YORK (Reuters) – Barely a day went by at the insider-trading trial of multimillionaire hedge-fund founder Raj Rajaratnam a year ago without mention of Rajat Gupta, a … Continue reading →

FRANKFURT, Germany | Mon May 21, 2012 1:39am EDT FRANKFURT, Germany (Reuters) – The head of General Motors (GM.N) unit Opel will face workers’ concerns on Monday over reported plans to shut one of its four German plants as the … Continue reading →

By Saeed Azhar and Denny Thomas SINGAPORE/HONG KONG | Thu May 17, 2012 1:52am EDT SINGAPORE/HONG KONG (Reuters) – Royal Bank of Canada (RY.TO) and Credit Suisse (CSGN.VX) are among suitors who have put in initial bids to buy the … Continue reading →

By Steven C. Johnson NEW YORK | Thu May 17, 2012 12:14am EDT NEW YORK (Reuters) – They are the few, the brave, the unloved, and among big investors, their number shrinks by the month. They are the last of … Continue reading →

By Rie Ishiguro and Leika Kihara TOKYO | Thu May 17, 2012 12:59am EDT TOKYO (Reuters) – Japan’s economy bounced back in the first quarter from a year-end lull, powering ahead of other major industrial nations thanks to rebuilding of … Continue reading →

By Chuck Mikolajczak NEW YORK | Wed May 16, 2012 9:04pm EDT NEW YORK (Reuters) – Stocks closed lower in a choppy session on Wednesday, with the SP 500 logging its fourth straight decline as investors worried about Greece’s future … Continue reading →

By David Henry TAMPA, Florida | Tue May 15, 2012 9:08pm EDT TAMPA, Florida (Reuters) – The FBI has opened an inquiry into the multibillion-dollar trading losses at JPMorgan Chase, stepping up pressure on the bank after key U.S. agencies … Continue reading →

By James Regan SYDNEY | Wed May 16, 2012 2:05am EDT SYDNEY (Reuters) – BHP Billiton (BHP.AX) (BLT.L) said it expects commodity markets to cool further and that investors have lost confidence in the longer-term health of the global economy, … Continue reading →

By Diane Bartz WASHINGTON | Wed May 16, 2012 1:21am EDT WASHINGTON (Reuters) – On the face of it, Universal Music Group’s bid to buy a big chunk of EMI stands to make the world’s leading music company an even … Continue reading →

By Braden Reddall Tue May 15, 2012 7:36pm EDT (Reuters) – Martin Koffel, head of engineering company URS Corp (URS.N), feels the United States is poised for a manufacturing renaissance, driven at least in part by demand among the developing … Continue reading →