Reuters
NEW YORK (Reuters) – General Motors Co has completed the paperwork for an initial public offering, and timing of its filing with the U.S. securities regulators rests with the board of the top U.S. automaker, sources familiar with the process said on Monday. Full Story »
WASHINGTON (Reuters) - The Federal Reserve said on Monday bank lending standards eased somewhat over the last three months while demand for business and consumer loans was largely unchanged. Full Story »
Reuters WASHINGTON/NEW YORK (Reuters) - U.S. home builders' optimism hit a near 1-1/2 year low in August and a regional manufacturing gauge grew more slowly than expected, implying the economic slowdown continued into the third quarter. Full Story »
NEW YORK (Reuters) - Six Democratic Senators have asked the head of the Securities and Exchange Commission to require more disclosure about the trillions of dollars worth of debts and financial assets U.S. companies keep off of their balance sheets. Full Story »
WASHINGTON (Reuters) - The Federal Reserve on Monday published new rules aimed at protecting consumers from abusive mortgage practices, including clearer cost disclosures and a ban on payments to mortgage brokers for steering borrowers into loans with higher interest rates. Full Story »
BANGALORE (Reuters) - Urban Outfitters Inc posted a bigger-than-expected quarterly profit as its fresh styles remained a favorite with shoppers, boosting sales across its brands and sending its shares up 4 percent after the bell. Full Story »
LONDON - The head of Britain's new Treasury watchdog says he can't be sure the country won't slide back into recession. Full Story »
NEW YORK - One sign a degree from a for-profit school may not be worth pursuing? You won't be able to repay your student loans after graduating. Full Story »
AFP/File LONDON (AFP) - Shares in London closed on a positive note Monday despite worries over the health of the global economy. Full Story »
Lowe's net income rose 10 percent to $832 million, or 58 cents per share. Revenue grew 4 percent to $14.36 billion. Here is a closer look at the home-improvement retailer's outlook for the third quarter and full year. Full Story »
AP WASHINGTON - Homebuilder confidence dropped for the third straight month in August as the struggling economy and a flood of cheap foreclosed properties kept people from buying new homes. Full Story »
AP GRAND ISLE, La. - Fishermen who spent much of the summer mopping up oil from BP's disastrous spill got back to work as the fall shrimping season in Louisiana's coastal waters opened Monday amid anxiety over whether the catch will be tainted by crude and whether anyone will buy it even if it is clean. Full Story »
ORLANDO, Fla. - U.S. Sen. Bill Nelson wants to create five business enterprise zones around the country, including one possibly at the Kennedy Space Center, where investors who put their money in commercial space ventures would get major tax breaks. Full Story »
NEW YORK (Reuters) - General Motors Co is considering selling a chunk of the carmaker's stock to institutions who would commit to buy and hold major stakes as the company prepares for its initial public offering, people familiar with the discussions said on Monday. Full Story »
Mexico's Supreme Court voted Monday to uphold a Mexico City law allowing adoptions by same-sex couples, drawing jubilant cheers from gay advocacy groups and angry protests from Roman Catholic Church representatives. Full Story »
Threats by the governments of India, the United Arab Emirates and Saudi Arabia to shut down BlackBerry's corporate e-mail services reflect unease about a technology that the U.S. government also took a while to accept. Full Story »
Georgia scientists say their analysis shows that most of that BP oil the government said was gone from the Gulf of Mexico is still there. Full Story »
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