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NEW YORK, Jan 29- Eric J. Gleacher has resigned as chairman of Gleacher& Co Inc and will leave the broker-dealer he founded in 1990.. His departure, announced Tuesday, comes after Gleacher& Co said last year it was exploring the potential sale of the company.
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WASHINGTON, Jan 29- The Justice Department and the Department of Homeland Security are examining the proposed takeover of Sprint Nextel by Japan's Softbank Corp for national security and other issues, and have asked the U.S. telecommunications regulator to defer any action on the deal.
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Jan 29- Jefferies Group Inc paid Chief Executive Richard Handler $45.2 million in 2012, making him one of Wall Street's most highly compensated executives, according to a securities filing on Tuesday. Handler's pay package included $1 million in salary, a $5 million bonus and $39 million in stock grants for the next three years, according to the filing.
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*Markets await Fed meeting announcement, data on U.S. and China. NEW YORK, Jan 29- World stock markets mostly rallied on Tuesday and the dollar fell to a 14- month low against the euro on rising risk appetite as the Federal Reserve began a two-day policy meeting in which it is expected to maintain its easy monetary policy.
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TORONTO, Jan 29- Canadian Pacific Railway Ltd said on Tuesday its aggressive efficiency push would pay off in a 40 percent increase in earnings this year, sending its shares to an all-time high even after it reported a sharp drop in profit on charges related to the restructuring.
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NEW YORK, Jan 29- A bid to take Dell Inc private by buyout firm Silver Lake and its partners underscores the financing market's willingness to lend up to $15 billion to the world's No.3 PC maker-- money that could be used to buy back shares and pay dividends even if the deal doesn't come together.
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Brent March crude rose 88 cents, or 0.78 percent, to settle at $114.36 a barrel, having traded from $113.07 to $114.49.
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WASHINGTON, Jan 29- The U.S. National Transportation Safety Board said on Tuesday improper maintenance was the likely cause of a Dec. 7, 2011, sightseeing helicopter crash near Las Vegas that killed the pilot and four passengers.
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NEW YORK, Jan 29- Boeing Co said Tuesday it had increased the production rate for its next-generation 737 jetliner on schedule, aiming to turn out 38 planes a month, even as its larger 787 jet faces potential delays due to battery failures earlier this month.
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*Treasury auctions $35 billion of five-year notes. NEW YORK, Jan 29- U.S. The Treasury auctioned $35 billion of five-year notes on Tuesday afternoon after selling $35 billion of two-year notes on Monday.
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Jan 29- The after-effects of the Great Crisis may still be with us, but the great correlation in global financial markets may be coming to an end. Correlation in currency markets is as low as it has been in five years by some measures, according to JP Morgan currency strategist John Normand.
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Jan 29- D.R. Horton Inc's quarterly profit more than doubled as it managed to sell more homes at higher prices, leading the No. 1 U.S homebuilder to forecast a good spring selling season.
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NEW YORK, Jan 29- Gold rose on Tuesday, snapping a four-day losing streak, lifted by short-covering and expected continuation of loose U.S. monetary policies.
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*12- hour daily closures from Grand Tower to Thebes, Ill.. Jan 29- The U.S. Army Corps of Engineers will begin removing riverbed rock obstructions from the Mississippi River near Grand Tower, Illinois, on Tuesday night in the final phase of a project aimed at keeping the drought-hit shipping artery open to barge traffic.
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DETROIT, Jan 29- Michigan Governor Rick Snyder asked the state Supreme Court to rule whether a law passed last month making payment of union dues voluntary is constitutional, a move critics said was designed to circumvent legal challenges by labor unions.
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The Wall Street Journal reported that U.S. authorities were pushing RBS to accept criminal charges as part of a settlement which will see it fined up to 500 million pounds for the attempted manipulation of the London interbank lending rate and other benchmark interest rates.
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Jan 29- New York City Mayor Michael Bloomberg on Tuesday proposed a $70.1 billion budget for fiscal 2014-- his last as mayor-- that closes a $1.1 billion deficit without tax hikes or layoffs. The gap would be closed in part by rolling over a $500 million cushion the city had set aside this year for legal claims, and a $200 million rollover from the city's reserve fund.
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LONDON, Jan 29- Iraqi Kurdistan said it is negotiating with two or three major international companies to operate oilfields and expects to announce the outcome in about a month, in a move likely to further heighten tensions with Baghdad.
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SIENA, Italy, Jan 29- Monte dei Paschi's risk control unit and its internal audit committee had expressed serious misgivings about the bank's finance department, now at the centre of a scandal about shady structured finance trades, as far back as November 2009, according to internal documents.
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DUBLIN, Jan 29- Ireland's central bank warned on Tuesday that mortgage arrears and tough export markets had the potential to throw the country's recovery off track.