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Stocks and euro hit by Greek uncertainty (Reuters)

2/10/2012 2:29 AM

2/10/2012 2:39 AM

Reuters - Chinese e-commerce group Alibaba plans to take private its Hong Kong-listed unit, two sources familiar with the matter said, as part of a complex deal that would strengthen founder Jack Ma's control and give key stakeholder Yahoo cash and a direct stake in one of Alibaba's operating businesses...Read More

Barclays warns may miss profit goal (Reuters)

2/10/2012 2:41 AM

Reuters - British bank Barclays warned it may miss its medium-term profitability target after it ended 2011 with its worst quarter for three years as the euro zone debt crisis hit bond trading, dragging its annual profit down on the year before...Read More

Analysis: Beyond Chinese New Year data skew, a bear lurks (Reuters)

2/10/2012 2:02 AM

Reuters - Trying to track China's economic course during the Lunar New Year can leave analysts howling at the moon. January auto sales tumbled, yet oil imports were the third highest on record. A measure of factory activity picked up, but trade data was weak...Read More

China imports slump, raising demand concerns (Reuters)

2/10/2012 1:12 AM

Reuters - China's trade in January fell the most since the depths of the financial crisis, raising concerns Lunar New Year factory shutdowns do not fully explain a slump in imports and may instead be evidence of a further faltering in demand...Read More

13,000 is next Dow milestone, with record in sight (AP)

2/8/2012 5:10 AM

2/9/2012 10:25 AM

Reuters - President Barack Obama will forecast a U.S. unemployment rate averaging 8.9 percent in 2012 in his annual budget on Monday - but before the document was even released a top aide called the projection "stale" and said it should be lower...Read More

France's Total gets oil price profit boost (AP)

2/10/2012 2:21 AM

AP - French oil company Total SA forecast higher production this year while revealing Friday that higher oil prices helped it post a 12.8 percent rise in fourth quarter profits despite a drop in output...Read More

EU asks India to help bring Iran to nuclear talks (Reuters)

2/10/2012 2:22 AM

Reuters - The European Union has asked India to use its leverage to bring Iran to the negotiating table over its nuclear program, European Council President Herman Van Rompuy said on Friday, as Asia's third-largest economy prepares to increase trade with Tehran...Read More

For America's hard-hit homeowners, little relief from settlement (Reuters)

2/9/2012 11:12 PM

Reuters - Crystal Morello's family pleaded for months with their lender for a cheaper mortgage on their family home in Belleville, Michigan. But time ran out last summer, and they left before they were evicted...Read More