The world’s largest asset manager is far from being an activist investor, but it is starting to ask more questions, the New York Times reports.» Read More
MELBOURNE, May 21- A spate of profit warnings from Australian mining services firms suggests the country's "once-in-a-century" resources spending boom may have peaked sooner than companies, economists and policymakers had expected.
*Fresh conflict in Syria supports prices. CHENNAI, India, May 21- Brent crude futures steadied near a two-week high on Tuesday, holding around $105 per barrel as rising Middle East tensions offset concerns about moderating demand growth to keep prices in a tight range.
EAST HAMPTON, New York, May 21- Judging by early demand for everything from doggie daycare to Ferrari rentals and fine art, rich Americans are going to make this a strong summer in one of their favorite playgrounds- the beach towns on the eastern end of Long Island collectively known as the Hamptons.
WASHINGTON, May 21- With the White House already reeling from three major controversies, some Republican lawmakers are zeroing in on what they perceive is another possible scandal tied to President Barack Obama's landmark health reform law just as it nears implementation.
WASHINGTON, May 21- A U.S. Senate panel will try on Tuesday to pry more details out of current and former officials of the Internal Revenue Service about the agency's targeting of conservative groups for extra scrutiny when they sought tax-exempt status.
SAN FRANCISCO, May 20- Yahoo Inc Chief Executive Marissa Mayer's $1.1 billion acquisition of blogging service Tumblr will be a test of her ability to revive the aging Web portal.
SAN FRANCISCO, May 21- Amazon.com Inc has been given a security clearance by the U.S. government that will make it easier for federal agencies to use its cloud computing services. The accreditation covers all AWS data centers in the United States, the company said on Tuesday.
TAMPA, Florida, May 21- As final ballots come in on a proposal to strip JPMorgan Chase& Co Chairman and Chief Executive Jamie Dimon of his chairman title, some worry about what will happen if shareholders win what will likely be a close vote.
SINGAPORE, May 21- London copper recouped early losses on Tuesday, underpinned by confidence in the U.S. economy, although gains were kept in check ahead of a slew of factory data this week that may point to softer global growth.
*Fresh conflict in Syria supports prices. Reports of fresh skirmishes in Syria suggest the civil conflict is at this year's peak, triggering fears it may spread to neighbouring key oil producers, while a weakening dollar added to the support.
TOKYO, May 21- Sprint Nextel Corp said its Japanese suitor SoftBank Corp granted it a waiver allowing it to consider a $25.5 billion rival bid by Dish Network Corp, as pressure mounts on SoftBank to sweeten its offer for the No. 3 U.S. wireless carrier.
*Data due on Wednesday at 8:50 a.m. (Tuesday at 2350 GMT. TOKYO, May 21- Japan's exports are expected to have risen in April from a year earlier for a second straight month led by U.S.-bound shipments of cars and Asian demand for electronics parts in a sign a weak yen and global recovery are helping the export-reliant economy.
May 20- JPMorgan Chase& Co, under pressure from New York officials, gave shareholders information about an upcoming vote that would increase oversight of Chairman and Chief Executive Jamie Dimon.
PERTH, May 21- U.S. crude futures eased to about $96.50 a barrel in early trading in Asia on Tuesday as ample supplies weighed on prices, despite support from equity markets. *U.S. oil fell 14 cents to $96.57 a barrel by 0023 GMT, after ending 69 cents higher in the previous session. *Brent rose 5 cents to $104.85 a barrel.
HOUSTON, May 20- Oklahoma Gas& Electric Co, a unit of OGE Corp, has begun to assess damage to its electric grid following Monday's tornado which left a path of destruction near Oklahoma City, a spokesman said Monday evening. OG&E spokesman Brian Alford could not supply details about possible damage to OG&E's high-voltage network on Monday.
WASHINGTON, May 20- High-tech systems for tracking the movements of immigrants and other foreigners when leaving the United States would be installed at major U.S. airports under a plan approved by a congressional panel on Monday.
CHICAGO, May 20- Caterpillar Inc said late on Monday that it would resume contract talks with the union representing about 800 Milwaukee workers who make specialized mining machinery.
DOWNERS GROVE, Ill.-- The chairman of DeVry Inc., Harold Shapiro, will retire in November, at a time when the education company is struggling with shrinking U.S. enrollments. Shapiro, a former president of Princeton University and the University of Michigan, has been DeVry's chairman since 2008 and on its board since 2001..
May 20- U.S. satellite company Dish Network Corp has offered to buy bankrupt broadband company LightSquared Inc's radio frequencies for $2 billion, Bloomberg said, quoting people familiar with the bid. Dish Chairman Charlie Ergen made the offer on May 15 and LightSquared has until May 31 to accept or reject it, the news agency said.
TOKYO, May 21- Japan's Nikkei share average is expected to pull back from a 5-1/ 2- year high on Tuesday as Wall Street ended flat and the dollar slipped against the yen on caution before U.S. Nikkei futures in Chicago closed at 15,320 on Monday, down 0.5 percent from the Osaka close.