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Top News & Analysis North America


  • Logitech Shares Surge on Talk of Microsoft Bid Thursday, 10 Jan 2008 | 8:32 AM ET

    Shares in Swiss-based computer peripherals maker Logitech International gained up to 12 percent on Thursday amid speculation Microsoft would launch a takeover bid, traders said.

  • Holiday Cheer Sees Stocks End Higher Monday, 24 Dec 2007 | 1:45 PM ET

    Christmas Eve brought glad tidings to Wall Street, with holiday cheer emanating from the battered financial sector and spreading through the market.

  • Barclays Sues Bear Stearns Over Hedge Funds Thursday, 20 Dec 2007 | 3:23 AM ET

    Barclays Bank accused Bear Stearns on Wednesday of loading one of its hedge funds with about $500 million in troubled assets just weeks before it collapsed with another fund.

  • Stocks Close Mixed In Choppy Session Wednesday, 19 Dec 2007 | 3:00 PM ET

    Stocks closed mixed after another volatile day that featured lowered outlook for two key insurers, more jitters over credit and mixed results from an effort to shore up financials.

  • Stocks Close Higher On Bargain-Hunting Tuesday, 18 Dec 2007 | 3:59 PM ET

    Stocks rebounded to close higher, helped by bargain hunting in beaten-down shares of large technology companies and a partial recovery by financial stocks.

  • Munich Re to Buy Sterling Life for $352 Million Monday, 17 Dec 2007 | 4:05 AM ET

    Reinsurer Munich Re said Monday it reached a deal to buy U.S. healthcare insurer Sterling Life Insurance for $352 million (242.61 million euros) in cash, giving it more access to older Americans who want to buy health insurance.

  • Treasury Sides with Senate in AMT Standoff Friday, 7 Dec 2007 | 2:39 PM ET

    The Treasury has weighed in on the side of the US Senate in a standoff with the House of Representatives over how to prevent the Alternative Minimum Tax from spreading to millions of new taxpayers this year.

  • Mortgage Rescue Is Shortsighted: Pimco Manager Thursday, 6 Dec 2007 | 11:03 AM ET

    A senior manager at the world's biggest bond fund criticized a federal mortgage rescue plan as short-sighted and said U.S. home prices may not hit bottom until 2010.

  • EU Fines 4 Firms for Price-Fixing Cartel Wednesday, 28 Nov 2007 | 7:34 AM ET

    European Union regulators fined four companies a total of 487 million euros ($724 million) on Wednesday for fixing the price of flat glass used in the making of windows, fire-resistant glass and mirrors.

  • Daimler Hurt by Dollar but Sees No US Recession Thursday, 22 Nov 2007 | 5:17 AM ET

    Daimler Chief Executive Dieter Zetsche does not expect the U.S. economy to contract as a result of high oil prices and the real estate crisis.

  • China to Topple US as Top Energy User After 2010: IEA Wednesday, 7 Nov 2007 | 5:32 AM ET

    China is set to dislodge the United States as the world's top energy consumer soon after 2010, as scorching growth there and in India reshape the global energy order, the International Energy Agency said on Wednesday.

  • Private Sector Adds 106,000 Jobs in Oct.: ADP Report Wednesday, 31 Oct 2007 | 8:23 AM ET

    1st paragraph of story should go here

  • With oil prices at record highs and supplies tight, seven Democratic senators Thursday asked the U.S. Energy Department to suspend deliveries of crude to the nation's emergency petroleum stockpile.

  • British Airways Urges American Airlines Tie-Up Thursday, 18 Oct 2007 | 7:05 AM ET

    British Airways has urged its US partner American Airlines to get closer still as it seeks to fend off a transatlantic joint venture between Delta and Air France.

  • Three Americans to Share Nobel Prize in Economics Monday, 15 Oct 2007 | 7:15 AM ET

    Americans Leonid Hurwicz, Eric Maskin and Roger Myerson won the Nobel Memorial Prize in Economic Sciences on Monday for their work that "laid the foundations of mechanism design theory."

  • Gore, UN Climate Panel Win Nobel Peace Prize Friday, 12 Oct 2007 | 5:44 AM ET

    Former US Vice President Al Gore and the UN climate panel shared the 2007 Nobel Peace Prize on Friday for raising awareness of the threat of global warming.

  • Earnings, U.S. Economy Dominate Markets Monday, 1 Oct 2007 | 8:53 AM ET

    Good morning. As we begin the fourth quarter--traditionally the strongest--there are two topics on trading desks: 1) earnings season, and 2) to what extent the U.S. slowdown will spread to the global economy.

  • Investment bank Goldman Sachs has slashed its forecasts for economic growth in the United States, Japan and Europe, joining numerous forecasters who are abruptly changing view since the start of a global credit crunch.

  • Germany's Bayer to Delist Shares from NYSE This Week Tuesday, 25 Sep 2007 | 9:29 AM ET

    Drug maker Bayer said Tuesday that it will delist its shares from the New York Stock Exchange this week, a move the company said would save it $21.2 million per year.

  • EU Clashes with U.S. Over Airline Emissions Trade Friday, 21 Sep 2007 | 10:59 AM ET

    The European Union will press ahead with plans to include aviation in its emissions trading system despite United States' efforts through a U.N. body to discourage it, a spokeswoman for the EU executive said on Friday.