Howard Marks thinks that the drop in oil prices could finally expose low lending standards and provide better value in the markets.» Read More
U.S. energy supplier PPL Corp is close to a $6 billion cash deal to buy the UK electricity grid distribution business of E.ON AG, according to a person close to the deal.
The deal between the Deutsche Boerse and the NYSE Euronext will be reviewed by The Committtee on Foreign Investment in the United States (CFIUS) and while insiders expect the deal to go through since it approved the Nasdaq OMX and Borse Dubai deal, the concerns about "national security" continue to be tossed around.
U.S. Subsidaries play an important role in the U.S. economy, some five percent of all jobs are created by them. I decided to ask Nancy McLernon President and CEO of the Organization for International Investment which represents U.S. subsidiaries, about her outlook on this merger and why U.S. Subsidaries are kicking up more cash to have a slice of American business.
"Middle East in Crisis: a Worst-Case Scenario" [CNBC.com's Patrick Allen]
Morgan Stanley hacked?! [Bloomberg]
What's Twitter really worth? [CNBC's Herb Greenberg]
European Court of Justice says men are not worse than women drivers [Reuters via CNBC.com]
Check out "Five Things We're Watching: March 1, 2011" [CNBC's Nik Deogun, Matt Levine]
Feeling a little low? Maybe you need to visit the world's first naked (yes, really naked) therapist [The Daily]
So, this time next week, I will be a year older, but probably not a year wiser—just a week wiser. Here’s what I learned while you were working on REM sleep:
Michael Lewis is being sued over his book The Big Short.
Nouriel Roubini and political scientist Ian Bremmer have developed a new conceptual framework for understanding the economic and political challenges of the 21st century: The G-Zero World.
The phrase G-Zero is borrowed from the G-20, the club of finance ministers and central bankers of the world's twenty major economies. The group has grown in recent years: It was first the G-7 industrialized nations, then the G8 when Russia was added—in its current 20 nation form, it includes developing nations such as China, India, and Brazil.
The surging power of activist investors is bolstered by a growing ally: public pensions and other big institutions.
Crude oil futures fell sharply, signaling traders that the selling is not over.
The Fed gave banks more time to meet a provision in the Volcker rule that bans them from betting with their own money through investments in risky hedge and private equity funds.