U.S.
Fed Makes Monitoring Capital Adequacy Foremost Concern Amid Talk of Bubble Federal Reserve officials are
stepping up scrutiny of the biggest U.S. banks to ensure the
lenders can withstand a reversal of soaring global-asset prices,
according to people with knowledge of the matter.
U.S. Stocks Join Global Retreat as Dell, Horton Shares Fall; Dollar Climbs U.S. stocks fell, joining a global
retreat, as earnings at Dell Inc. and D.R. Horton Inc. trailed
analysts’ estimates and concern grew that European Central Bank
policy makers will phase out economic stimulus measures. The
dollar rose and two-year Treasury note yields fell to the lowest
level of the year as investors sought safer assets.
Housing Recovery in U.S. Set Back to 2010 With Market on `Life Support' A recovery in U.S. housing will
have to wait at least until next year.
Boeing May Get $400 Million in Incentives to Build 787 in South Carolina Boeing Co. may get as much as $400
million in incentives to build its new 787 Dreamliner factory in
South Carolina, Governor Mark Sanford said in an interview
today.
Playboy Wants Partners to Make Brand Bigger Over Next Decade, Hefner Says Playboy Enterprises Inc. needs to
make strategic decisions to expand the men’s magazine publisher
in the coming decade, according to former Chief Executive
Officer Christie Hefner.
MetroPCS Climbs on Report Deutsche Telekom May Seek Partnership, Takeover MetroPCS Communications Inc., the
pay-as-you-go mobile-phone carrier, gained the most in almost a
month in New York trading on speculation that it may be
acquired, an analyst said.
JPMorgan Chase Will Remove Arbitration Clause From Credit-Card Contracts JPMorgan Chase & Co.’s credit-card
contracts will no longer require disputes to be settled through
arbitration, a practice that lawmakers said was biased against
cardholders, to help settle an antitrust lawsuit.
HealthSouth Investors, UBS Address Settlement Talks `Logistics' in Court UBS AG and HealthSouth Corp.
shareholder lawyers discussed “logistics about talking about
settlement” during a conference with the judge presiding over a
suit related to fraud at HealthSouth, an investor attorney said.
Hershey's Controlling Trust Pushes $17 Billion Bid for Cadbury, WSJ Says Hershey Co.’s controlling trust
wants the company to make a $17 billion bid for Cadbury Plc, the
Wall Street Journal reported, citing unidentified people
familiar with the matter.
Oprah Talk Show's End Will Mean Loss of `O Money' for Struggling Chicago For Oprah Winfrey’s fans, the
decision to end her Chicago-based television show means the exit
of a favorite program. For Chicago, it may signal the departure
of a local icon, a smaller revenue stream and the loss of
boasting rights.
Swine Flu Cases in Norway, Wales Indicate Mutation Into More Severe Virus Swine flu infections in which the
virus mutated to a form that’s more severe or less sensitive to
drug treatment are being investigated by European and U.S.
public health officials.
Higher Taxes on Wealthy May Be Needed to Cover Afghan War Cost, Levin Says Carl Levin, chairman of the Senate
Armed Services Committee, said higher-income Americans should be
taxed to pay for additional troops sent to Afghanistan and that
NATO should provide half of the new soldiers.
Ex-U.S. Official, Wife Plead Guilty to Spying for Cuba Over Three Decades A former U.S. State Department
official and his wife pleaded guilty to federal charges they
provided classified information about U.S. national defense to
the Republic of Cuba for three decades.