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    EU Trade Commission De Gucht and U.S. Trade Representative Kirk attend a session at the World Economic Forum in Davos

    Trade cheats beware: new U.S. team will come after you: Kirk

    DAVOS, Switzerland (Reuters) - A new team of U.S. trade enforcers will make countries think twice about putting up unfair barriers to American exports, President Barack Obama's top trade official said. U.S. Trade Representative Ron Kirk told Reuters that the team, announced … More »Trade cheats beware: new U.S. team will come after you: Kirk

    German Economy Minister Roesler and Chancellor Angela Merkel attend a session of the lower house of parliament Bundestag in Berlin

    Greece should give up budget control: Germany

    BERLIN (Reuters) - Greece must surrender control of its budget policy to outside institutions … More »Greece should give up budget control: Germany

    Congress tries to police itself on insider trading

    Aware that most Americans would like to dump them all, members of … More »Congress tries to police itself on insider trading

    • Traders work on the floor of the New York Stock Exchange
      Quest for the golden cross Reuters - 3 hrs ago

      NEW YORK (Reuters) - January has turned out to be strong for stocks with just two trading days to go. If you're afraid to miss the ride, there's still time to jump in. … More »Quest for the golden cross

      Traders work on the floor of the New York Stock Exchange

      NEW YORK (Reuters) - January has turned out to be strong for stocks with just two trading days to go. If you're afraid to miss the ride, there's still time to jump in. You just might want to wear a neck brace. The new year lured buyers into growth-related sectors, the ones that were more beaten down last year. The economy …

    • A general view shows the building of the Swiss National Bank in Zurich
      New SNB chief may be named in February: paper Reuters - 8 hrs ago

      ZURICH (Reuters) - The new Swiss National Bank chief could be named in February, sooner than had been expected after the resignation of former chairman Philipp Hildebrand … More »New SNB chief may be named in February: paper

      A general view shows the building of the Swiss National Bank in Zurich

      ZURICH (Reuters) - The new Swiss National Bank chief could be named in February, sooner than had been expected after the resignation of former chairman Philipp Hildebrand earlier this month, a newspaper reported on Sunday. Hildebrand was forced to step down after emails cast doubt on his claims not to have known about a …

    • EU Trade Commission De Gucht and U.S. Trade Representative Kirk attend a session at the World Economic Forum in Davos
      Trade cheats beware: new U.S. team will come after you: Kirk Reuters - 8 hrs ago

      DAVOS, Switzerland (Reuters) - A new team of U.S. trade enforcers will make countries think twice about putting up unfair barriers to American exports, President Barack … More »Trade cheats beware: new U.S. team will come after you: Kirk

      EU Trade Commission De Gucht and U.S. Trade Representative Kirk attend a session at the World Economic Forum in Davos

      DAVOS, Switzerland (Reuters) - A new team of U.S. trade enforcers will make countries think twice about putting up unfair barriers to American exports, President Barack Obama's top trade official said. U.S. Trade Representative Ron Kirk told Reuters that the team, announced by Obama last week, will include intelligence …

    • A man walks in front of the headquarters of Alpha Bank in Athens
      Analysis: More than ever, businesses must think "what if" Reuters - 4 hrs ago

      DAVOS, Switzerland (Reuters) - A tumultuous 12 months that saw revolutions in the Middle East, a worsening debt crisis in Europe and a tsunami in Japan has set the tone … More »Analysis: More than ever, businesses must think "what if"

      A man walks in front of the headquarters of Alpha Bank in Athens

      DAVOS, Switzerland (Reuters) - A tumultuous 12 months that saw revolutions in the Middle East, a worsening debt crisis in Europe and a tsunami in Japan has set the tone for corporate activity in 2012. Caution, flexibility, nimbleness and deep knowledge of host countries are more important than ever, executives and their …

    • Goldman executives get access to restricted stock Reuters - Sat, Jan 28, 2012

      (Reuters) - Top Goldman Sachs Group Inc executives received previously restricted stock awards that are now worth $47.7 million, according to regulatory filings, though … More »Goldman executives get access to restricted stock

      (Reuters) - Top Goldman Sachs Group Inc executives received previously restricted stock awards that are now worth $47.7 million, according to regulatory filings, though the executives are still limited in selling most of their Goldman stock. Chief Executive Lloyd Blankfein, Chief Financial Officer David Viniar, Chief Operating …

    • RBS Chairman Sir Philip Hampton rides an escalator before the start of the the company's annual general meeting in Edinburgh
      RBS chairman waives $2.2 million bonus after Hester row Reuters - Sat, Jan 28, 2012

      LONDON (Reuters) - Royal Bank of Scotland's Chairman Philip Hampton will not pick up a 1.4 million pound ($2.2 million) stock bonus, the bailed-out bank said, following … More »RBS chairman waives $2.2 million bonus after Hester row

      RBS Chairman Sir Philip Hampton rides an escalator before the start of the the company's annual general meeting in Edinburgh

      LONDON (Reuters) - Royal Bank of Scotland's Chairman Philip Hampton will not pick up a 1.4 million pound ($2.2 million) stock bonus, the bailed-out bank said, following public anger and political squabbling over a 1 million pound bonus for its chief executive. Anger over bankers' earnings has shown few signs of abating, …

    • Union says refinery workers strike more likely Reuters - 15 hrs ago

      HOUSTON (Reuters) - The United Steelworkers union warned on Saturday that a strike by U.S. refinery workers as early as 12 a.m. Wednesday was becoming more likely due … More »Union says refinery workers strike more likely

      HOUSTON (Reuters) - The United Steelworkers union warned on Saturday that a strike by U.S. refinery workers as early as 12 a.m. Wednesday was becoming more likely due to "the lack of a more substantive response from the industry." Union and oil company negotiators have been meeting since January 17 to hammer out a new three-year …

    • Charles Dallara, left and Jean Lemiere from the Institute of International Finance leave Maximos Mansion after meeting Greek Prime Minister Lucas Papademos and Greek Finance Minister Evangelos Venizelos in Athens on Saturday Jan. 28 2012. Talks between Greece and private creditors on halving the country's privately held debt load have ended and a deal is very close, according to the creditors' representatives. (AP Photo)
      Private investors near deal on Greek debt AP - 1 hr 24 mins ago

      A disorderly and potentially devastating Greek debt default is looking much less likely. More »Private investors near deal on Greek debt

      Charles Dallara, left and Jean Lemiere from the Institute of International Finance leave Maximos Mansion after meeting Greek Prime Minister Lucas Papademos and Greek Finance Minister Evangelos Venizelos in Athens on Saturday Jan. 28 2012. Talks between Greece and private creditors on halving the country's privately held debt load have ended and a deal is very close, according to the creditors' representatives. (AP Photo)

      A disorderly and potentially devastating Greek debt default is looking much less likely.

    • Exxon selling Japanese subsidiary in $3.9B deal AP - 39 mins ago

      Exxon Mobil Corp. says it is selling its Japanese subsidiary to partner company TonenGeneral Sekiyu K.K. in a deal valued at $3.9 billion. More »Exxon selling Japanese subsidiary in $3.9B deal

      Exxon Mobil Corp. says it is selling its Japanese subsidiary to partner company TonenGeneral Sekiyu K.K. in a deal valued at $3.9 billion.

    • Greek Prime Minister Lucas Papademos, left, and Greek Finance Minister Evangelos Venizelos leave Maximos Mansion after a meeting Charles Dallara and Jean Lemiere from the Institute of International Finance in Athens on Saturday Jan. 28 2012. Talks between Greece and private creditors on halving the country's privately held debt load have ended and a deal is very close, according to the creditors' representatives. (AP Photo)
      Germans float direct EU control over Greek budget AP - 41 mins ago

      Germany is proposing that debt-ridden Greece temporarily cede sovereignty over tax and spending decisions to a powerful eurozone budget commissioner before it can secure … More »Germans float direct EU control over Greek budget

      Greek Prime Minister Lucas Papademos, left, and Greek Finance Minister Evangelos Venizelos leave Maximos Mansion after a meeting Charles Dallara and Jean Lemiere from the Institute of International Finance in Athens on Saturday Jan. 28 2012. Talks between Greece and private creditors on halving the country's privately held debt load have ended and a deal is very close, according to the creditors' representatives. (AP Photo)

      Germany is proposing that debt-ridden Greece temporarily cede sovereignty over tax and spending decisions to a powerful eurozone budget commissioner before it can secure further bailouts, an official in Berlin said Saturday.

    • Strike on summit day shows task at hand AP - 2 hrs 2 mins ago

      German Chancellor Angela Merkel and other European leaders meeting for a summit will only have to look out of the window to see the biggest problem with their steady … More »Strike on summit day shows task at hand

      German Chancellor Angela Merkel and other European leaders meeting for a summit will only have to look out of the window to see the biggest problem with their steady diet of austerity and belt-tightening to fix the financial crisis: disgruntled workers organizing a nationwide strike to protest the direction in which Europe …

    • The mountain resort of Davos pictured during the last day of the 42nd Annual Meeting of the World Economic Forum, WEF, in Davos, Switzerland, Sunday, Jan. 29, 2012. The overarching theme of the Meeting, that took place from Jan. 25 to Jan. 29 was "The Great Transformation: Shaping New Models". (AP Photo/Keystone/Laurent Gillieron)
      Euro, rich-poor gap proved key issues at Davos AP - 2 hrs 23 mins ago

      Europe's crippling debt crisis dominated the world's foremost gathering of business and political leaders, but for the first time the growing inequality between the planet's … More »Euro, rich-poor gap proved key issues at Davos

      The mountain resort of Davos pictured during the last day of the 42nd Annual Meeting of the World Economic Forum, WEF, in Davos, Switzerland, Sunday, Jan. 29, 2012. The overarching theme of the Meeting, that took place from Jan. 25 to Jan. 29 was "The Great Transformation: Shaping New Models". (AP Photo/Keystone/Laurent Gillieron)

      Europe's crippling debt crisis dominated the world's foremost gathering of business and political leaders, but for the first time the growing inequality between the planet's haves and have-nots became an issue, thanks largely to the Arab Spring uprisings, the Occupy movement and other protests around the globe.

    • This Tuesday, Jan. 10, 2012 photo shows the Douglas Channel, the proposed shipping route for oil tanker ships in the Enbridge Northern Gateway Project, just south of Kitamaat, British Columbia, Canada. Thwarted in his hopes of getting a new pipeline to carry oil into the U.S., Canadian Prime Minister Stephen Harper is backing an alternative option: Asia. But in pushing for a pipeline to carry oil from Alberta to the Pacific, he'll face the same environmental objections that blocked the U.S. option. (AP Photo/The Canadian Press, Darryl Dyck)
      Thwarted on US oil pipeline, Canada looks to China AP - 1 hr 38 mins ago

      The latest chapter in Canada's quest to become a full-blown oil superpower unfolded this month in a village gym on the British Columbia coast. More »Thwarted on US oil pipeline, Canada looks to China

      This Tuesday, Jan. 10, 2012 photo shows the Douglas Channel, the proposed shipping route for oil tanker ships in the Enbridge Northern Gateway Project, just south of Kitamaat, British Columbia, Canada. Thwarted in his hopes of getting a new pipeline to carry oil into the U.S., Canadian Prime Minister Stephen Harper is backing an alternative option: Asia. But in pushing for a pipeline to carry oil from Alberta to the Pacific, he'll face the same environmental objections that blocked the U.S. option. (AP Photo/The Canadian Press, Darryl Dyck)

      The latest chapter in Canada's quest to become a full-blown oil superpower unfolded this month in a village gym on the British Columbia coast.

    • FILE - In this June 7, 2010, file photo, Apple CEO Steve Jobs smiles with a new iPhone at the Apple Worldwide Developers Conference in San Francisco. In the white-hot competition for tech talent, some workers are alleging Silicon Valley's top companies conspired to keep employees from switching teams. A federal class-action suit claims that senior executives at Google, Intel, Adobe, Intuit, Lucasfilm, Pixar and Apple entered into secret anti-poaching agreements not to hire each other's best workers. And plaintiffs say e-mails uncovered during a U.S. Justice Department investigation put Steve Jobs at the center of the alleged conspiracy of so-called "gentlemen's agreements." The defendants say there was no conspiring, just one-to-one pacts between individual companies in the course of doing business and collaborating on innovative products. Apple is seeking to have the case thrown out. (AP Photo/Paul Sakuma, File)
      Suit claims Silicon Valley anti-poaching scheme AP - 23 hrs ago

      In Silicon Valley's white-hot competition for tech talent, programmers can face a daily barrage of calls from recruiters seeking to woo them to rival companies with offers … More »Suit claims Silicon Valley anti-poaching scheme

      FILE - In this June 7, 2010, file photo, Apple CEO Steve Jobs smiles with a new iPhone at the Apple Worldwide Developers Conference in San Francisco. In the white-hot competition for tech talent, some workers are alleging Silicon Valley's top companies conspired to keep employees from switching teams. A federal class-action suit claims that senior executives at Google, Intel, Adobe, Intuit, Lucasfilm, Pixar and Apple entered into secret anti-poaching agreements not to hire each other's best workers. And plaintiffs say e-mails uncovered during a U.S. Justice Department investigation put Steve Jobs at the center of the alleged conspiracy of so-called "gentlemen's agreements." The defendants say there was no conspiring, just one-to-one pacts between individual companies in the course of doing business and collaborating on innovative products. Apple is seeking to have the case thrown out. (AP Photo/Paul Sakuma, File)

      In Silicon Valley's white-hot competition for tech talent, programmers can face a daily barrage of calls from recruiters seeking to woo them to rival companies with offers of better pay and perks.

    • Congress tries to police itself on insider trading AP - 1 hr 45 mins ago

      Aware that most Americans would like to dump them all, members of Congress hope to regain some sense of trust by subjecting themselves to tougher penalties for insider … More »Congress tries to police itself on insider trading

      Aware that most Americans would like to dump them all, members of Congress hope to regain some sense of trust by subjecting themselves to tougher penalties for insider trading and requiring that they disclose stock transactions within 30 days.

    • An Iranian demonstrator holds a poster to support Iran's nuclear activities as he waits for arrival of delegates of International Atomic Energy Organization, IAEA, who were not appeared in public, at Imam Khomeini airport in Tehran, Iran, Sunday, Jan. 29, 2012. A U.N. nuclear team arrived in Tehran early Sunday for a mission expected to focus on Iran's alleged attempt to develop nuclear weapons. The delegation includes two senior weapons experts, Jacques Baute of France and Neville Whiting of South Africa, suggesting that Iran may be prepared to address some issues related to the allegations. (AP Photo/Vahid Salemi)
      Iran says oil could reach $120 to $150 per barrel AP - 8 hrs ago

      The head of Iran's state oil company said Sunday that the price of crude will reach $120 to $150 per barrel, as officials in Tehran prepare to discuss a ban on crude … More »Iran says oil could reach $120 to $150 per barrel

      An Iranian demonstrator holds a poster to support Iran's nuclear activities as he waits for arrival of delegates of International Atomic Energy Organization, IAEA, who were not appeared in public, at Imam Khomeini airport in Tehran, Iran, Sunday, Jan. 29, 2012. A U.N. nuclear team arrived in Tehran early Sunday for a mission expected to focus on Iran's alleged attempt to develop nuclear weapons. The delegation includes two senior weapons experts, Jacques Baute of France and Neville Whiting of South Africa, suggesting that Iran may be prepared to address some issues related to the allegations. (AP Photo/Vahid Salemi)

      The head of Iran's state oil company said Sunday that the price of crude will reach $120 to $150 per barrel, as officials in Tehran prepare to discuss a ban on crude sales to European Union countries in retaliation for an EU embargo.

    • An illustration of a euro coin is displayed on a bank's advertising billboard as a man stands outside the branch in Athens, on Thursday, Jan. 26, 2012. Europe is getting tough on government debt. After more than two years struggling to rescue financially shaky governments, leaders of the 17 countries that use the euro are putting the finishing touches on a treaty that will force member countries to put tough deficit restrictions into their national laws. (AP Photo/Thanassis Stavrakis)
      Deficit focus questioned as answer to euro crisis AP - Sat, Jan 28, 2012

      Europe is getting tougher on government debt. After more than two years struggling to rescue financially shaky governments, leaders of the 17 countries that use the euro … More »Deficit focus questioned as answer to euro crisis

      An illustration of a euro coin is displayed on a bank's advertising billboard as a man stands outside the branch in Athens, on Thursday, Jan. 26, 2012. Europe is getting tough on government debt. After more than two years struggling to rescue financially shaky governments, leaders of the 17 countries that use the euro are putting the finishing touches on a treaty that will force member countries to put tough deficit restrictions into their national laws. (AP Photo/Thanassis Stavrakis)

      Europe is getting tougher on government debt. After more than two years struggling to rescue financially shaky governments, leaders of the 17 countries that use the euro are ready to agree on a treaty that will force member countries to put deficit limits into their national laws.

    • Afghan president Hamid Karzai, left, listens as French President Nicolas Sarkozy, right, speaks during a news conference at the Elysee palace, in Paris, Friday, Jan. 27, 2012. (AP Photo/Eric Feferberg, Pool)
      Trailing in polls, Sarkozy hits French prime-time AP - 36 mins ago

      President Nicolas Sarkozy is blanketing France's top TV news shows in a prime-time interview as polls show him trailing the Socialist nominee before this spring's presidential … More »Trailing in polls, Sarkozy hits French prime-time

      Afghan president Hamid Karzai, left, listens as French President Nicolas Sarkozy, right, speaks during a news conference at the Elysee palace, in Paris, Friday, Jan. 27, 2012. (AP Photo/Eric Feferberg, Pool)

      President Nicolas Sarkozy is blanketing France's top TV news shows in a prime-time interview as polls show him trailing the Socialist nominee before this spring's presidential election.

    • ABB nears deal to buy Thomas & Betts for about $4 billion: WSJ Reuters - 38 mins ago

      NEW YORK (Reuters) - Swiss engineering giant ABB Ltd was near an agreement Sunday to acquire U.S. manufacturer Thomas & Betts Corp for about $4 billion, the Wall Street … More »ABB nears deal to buy Thomas & Betts for about $4 billion: WSJ

      NEW YORK (Reuters) - Swiss engineering giant ABB Ltd was near an agreement Sunday to acquire U.S. manufacturer Thomas & Betts Corp for about $4 billion, the Wall Street Journal reported on its Website Sunday, citing unnamed people familiar with the matter. An agreement could be announced as soon as Monday, though the talks …

    • Exxon selling Japanese subsidiary in $3.9B deal AP - 39 mins ago

      Exxon Mobil Corp. says it is selling its Japanese subsidiary to partner company TonenGeneral Sekiyu K.K. in a deal valued at $3.9 billion. More »Exxon selling Japanese subsidiary in $3.9B deal

      Exxon Mobil Corp. says it is selling its Japanese subsidiary to partner company TonenGeneral Sekiyu K.K. in a deal valued at $3.9 billion.

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