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Stocks may face wild swings and earnings blitz
Reuters – Sat Oct 23, 12:11 pm ETNEW YORK (Reuters) – U.S. stocks could see big swings to the downside next week on any remotely "bad" news since volatility indexes are at levels considered too low. Full Story »
G20 inks pact to avert trade war
Reuters – Sun Oct 24, 1:45 am ET
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Regulators close seven more banks in U.S.
Reuters – Fri Oct 22, 9:32 pm ETWASHINGTON (Reuters) - The Federal Deposit Insurance Corp said on Friday that U.S. regulators closed seven more banks, bringing the total so far this year to 139. Full Story »
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Sarkozy warns currency instability threatens world growth
Reuters – Sat Oct 23, 7:24 am ET
Reuters MONTREUX, Switzerland (Reuters) - French President Nicolas Sarkozy warned on Saturday that currency instability threatened world growth and called for coordinated action to reform the world financial system. Full Story »
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Office Depot paying $1M to settle SEC charges
AP – Thu Oct 21, 7:15 pm ETWASHINGTON - Office Depot Inc. on Thursday agreed to pay $1 million to settle federal charges that it overstated earnings and shared information with a select group that it failed to include in public filings. Full Story »
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Geithner heads to China with forex demand
AFP – Sat Oct 23, 7:17 am ET
AFP/Getty Images GYEONGJU, South Korea (AFP) - US Treasury Secretary Timothy Geithner was to head to China Sunday bearing a demand for emerging economies to let their currencies appreciate, following fractious G20 talks in South Korea. Full Story »
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KeyCorp posts 3Q profit of $178M
AP – Fri Oct 22, 7:03 pm ETCLEVELAND - KeyCorp reported a profit for the third quarter on Friday in contrast to a loss a year ago, citing improved credit quality across its loan portfolios. Full Story »
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Trichet says EU fiscal reform too weak for euro zone
Reuters – Sat Oct 23, 10:57 am ET
Reuters GYEONGJU, South Korea (Reuters) - European Central Bank President President Jean-Claude Trichet said on Saturday that new European Union fiscal rules pushed by France and Germany were too weak to safeguard the euro zone. Full Story »
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Mortgage woes show Wall St reform crucial: Obama
Reuters – Sat Oct 23, 6:11 am ETWASHINGTON (Reuters) - President Barack Obama said the home foreclosure crisis underscored the importance of his Wall Street reforms, and he blasted Republicans on Saturday for "beating the drum" to roll back the regulatory overhaul. Full Story »
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Saudi payout eases Palestinian funding crisis: Fayyad
Reuters – Sun Oct 24, 7:29 am ETRAMALLAH, West Bank (Reuters) - A pledge of $100 million from Saudi Arabia and other international aid is easing the Palestinian Authority's (PA) financial crisis, Palestinian Prime Minister Salam Fayyad said on Sunday. Full Story »
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LVMH takes 14.2% in Hermes, no takeover planned
AFP – Sat Oct 23, 11:59 am ET
AFP PARIS (AFP) - LVMH, the world's leading luxury retailer, said Saturday it had taken a 14.2 percent stake in Hermes but denied it wanted to take over the French luxury goods firm. Full Story »
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Former Ore. policeman, wife, face fraud charges
AP – Fri Oct 22, 4:55 pm ETBEND, Ore. - A former Bend police captain and his wife who have been under investigation by the FBI and IRS over their real estate dealings in Oregon and Indiana have been indicted on fraud charges. Full Story »
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German ship seized by pirates off Kenya
AP – 5 mins ago
AP BERLIN - The German army says pirates have seized a German freight ship off the coast of Kenya. Full Story »
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Greek PM vows 'no new cuts'
AFP – 1 hr 18 mins ago
AFP/File ATHENS (AFP) - Greek Prime Minister George Papandreou promised Sunday that the revival of the country's ailing economy would require no new pay cuts and tax hikes after bringing in deeply unpopular austerity measures. Full Story »
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Honda recalls 528,000 vehicles worldwide for brake defect
AFP – Fri Oct 22, 5:23 pm ET
AFP/Getty Images/File CHICAGO (AFP) - Japanese automaker Honda Motor Co. announced the recall of nearly 528,000 vehicles worldwide Friday due to a defect with the cylinder that holds brake fluid. Full Story »
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Cholera outbreak creeps closer to Haiti's capital
AP – Sun Oct 24, 5:50 am ETA spreading cholera outbreak in rural Haiti threatened to outpace aid groups as they stepped up efforts Saturday hoping to keep the disease from reaching the squalid camps of earthquake survivors in Port-au-Prince. Full Story »
Technology News
Google tightening privacy leash on its employees
AP – Fri Oct 22, 4:39 pm ETGoogle Inc. is tightening its privacy leash on employees in an effort to ensure they don't intrude on people while the Internet search leader collects and stores information about its users. Full Story »
Science News
Gulf corals in oil spill zone appear healthy
AP – Fri Oct 22, 11:32 am ETJust 20 miles north of where BP's blown-out well spewed millions of gallons of oil into the sea, life appears bountiful despite initial fears that crude could have wiped out many of these delicate deepwater habitats. Full Story »
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