Reuters - U.S. retail sales excluding cars
jumped in June and posted their biggest one-month rise in seven
months, as consumers spent some of their government rebate
checks, a private report released on Monday showed.
Reuters - Microsoft Corp and
billionaire investor Carl Icahn's joint proposal for Yahoo Inc
, which was rejected on Saturday, included $2.3 billion
in guaranteed annual revenue from search advertising for five
years, people familiar with the matter said on Sunday.
Reuters - U.S. brewer Anheuser-Busch
Cos Inc accepted a sweetened $52 billion takeover bid
from Belgium-based InBev NV to create the world's
largest beer maker.
Reuters - A U.S government plan to shore up
mortgage finance firms Fannie Mae and Freddie Mac
helped calm markets on Monday but did little to allay
fears about the health of the U.S. financial system.
Reuters - The U.S. Securities and Exchange
Commission said on Sunday it would immediately conduct
investigations aimed at preventing the intentional spreading of
false information intended to manipulate securities prices. -- read full article
Sun, 13 Jul 2008 17:50:22 GMT - Yahoo! News: Business
Reuters - U.S. Treasury Department officials
are trying to make sure that Freddie Mac, one of two troubled
U.S. giant mortgage firms, will be able sell $3 billion in
securities this week at a previously scheduled sale, the
Washington Post reported on Sunday. -- read full article
Sun, 13 Jul 2008 14:04:48 GMT - Yahoo! News: Business
Reuters - U.S. brewer Anheuser-Busch Cos Inc
moved closer to a potential friendly, $50 billion
takeover by Belgium-based InBev NV , sources familiar
with the situation said on Sunday.
Reuters - Canada's Bombardier (BBDb.TO) looked set
on Saturday to announce the long-awaited launch of its CSeries
airliner in a bid to end a transatlantic duopoly held by Boeing
and Europe's Airbus .
Reuters - Aircraft maker Airbus expects to
announce new orders at the Farnborough air show next week, its
Director-General Fabrice Bregier said in an interview published
on Saturday.
Reuters - Democratic White House hopeful Barack
Obama said on Saturday he was confident "prudent steps" by the
U.S. government would stabilize mortgage giants Fannie Mae and
Freddie Mac but that it was necessary to see how the situation
developed before deciding on what steps to take.
Reuters - U.S. banking regulators swooped in
to seize mortgage lender IndyMac Bancorp Inc on Friday
after withdrawals by panicked depositors led to the
third-largest banking failure in U.S. history.
Reuters - Yahoo Inc on Saturday
rejected a proposal to sell its search business to Microsoft
Corp and hand over the remainder of the company to
activist investor Carl Icahn.
Reuters - Swiss bank Credit Suisse will
not withdraw from investment banking despite the losses caused
by the credit crisis, the bank's chairman said in an interview
published on Saturday.
