thursday

Swedish bank Carnegie buys troubled competitor (AP)

AP - Swedish investment bank Carnegie AB Friday said it will buy competitor HQ Bank AB, which had its banking license revoked by the financial watchdog last week.

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Swedish bank Carnegie buys troubled competitor
(AP)

thursday

Take-Two posts profit, raises outlook (Reuters)

Reuters - Video game maker Take-Two Interactive Inc on Thursday smashed Wall Street expectations for its fiscal third quarter and raised its forecast for the current fourth quarter, citing strong sales for its “Red Dead Redemption” title.

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Take-Two posts profit, raises outlook
(Reuters)

thursday

Obama adviser Summers to visit China September 4 (Reuters)

Reuters - The White House said on Thursday that President Barack Obama’s top economic adviser will visit China from Saturday for three days of meetings.

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Obama adviser Summers to visit China September 4
(Reuters)

thursday

Another rig explodes off La. coast; oil spreading (AP)

AP - Another oil rig exploded and caught fire Thursday off the Louisiana coast, spreading a mile-long oil sheen in the Gulf of Mexico west of the site of BP’s massive spill. All 13 crew members were rescued.

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Another rig explodes off La. coast; oil spreading
(AP)

thursday

EU reaches deal on cross-border financial supervisors (AFP)

AFP - Europe took a big step closer on Thursday to its goal of creating cross-border financial supervisors, reaching a “crucial milestone” in efforts to reform a sector blamed for the global recession.

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EU reaches deal on cross-border financial supervisors
(AFP)

thursday

5 Tax Moves to Make Now (U.S. News & World Report)

U.S. News & World Report - It may seem a bit strange to be talking about income taxes in September.

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5 Tax Moves to Make Now
(U.S. News & World Report)

thursday

Pakistan gets IMF relief, tightens security (Reuters)

Reuters - The International Monetary Fund will give Pakistan $450 million in emergency flood aid, providing some relief for a government overwhelmed by the disaster and facing renewed militant violence.

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Pakistan gets IMF relief, tightens security
(Reuters)

thursday

Highlights: Bernanke’s testimony to financial crisis panel (Reuters)

Reuters - The following are highlights from Federal Reserve Chairman Ben Bernanke’s testimony on Thursday to the Financial Crisis Inquiry Commission on the problem of financial institutions that are “too big too fail.”

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Highlights: Bernanke’s testimony to financial crisis panel
(Reuters)

thursday

Pending homes sales rise and jobless claims dip (Reuters)

Reuters - Pending sales of previously owned U.S. homes rebounded unexpectedly in July and new claims for jobless benefits fell last week, hopeful signs for the sputtering economic recovery.

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Pending homes sales rise and jobless claims dip
(Reuters)

thursday

Instant View: Pending home sales rise in July (Reuters)

Reuters - Pending sales of previously owned U.S. homes rose unexpectedly in July, an industry group said on Thursday, suggesting a tax credit-related housing market decline was close to bottoming.

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Instant View: Pending home sales rise in July
(Reuters)

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