Volcker to appear before UK investigators into banks: FT
government came under pressure to scrutinize banks after Barclays was fined for manipulating interest rates. The commission is expected to make legislative proposals by December 18. (Reporting by Stephen Mangan, editing by Philip Barbara )
Xstrata Board Backs Glencore Revised Offer
The independent board memebers of Xstrata PLC on Monday agreed to a revised merger offer from Glencore International PLC , ending a long-running saga that began earlier this year.
Cautious Gains For Europe After Bleak Asia Data
European stock markets mostly higher on Monday, but disappointing manufacturing data from China and Japan weighed in the background.
Crude Oil Under Pressure As Global Data Weigh
More signs of a weakening global economy weighed on crude-oil prices on Monday, kicking off a weak start to the quarter for the commodity.
Moody's: Spain Bank Plan My Be 'insufficient'
Moody's Investors Service said that the upcoming recapitalization of Spanish banks is credit positive, but ultimately may be "insufficient," in a Credit Outlook that published Monday.
8 October festivals not to miss
Sundays) Admission: Free to get into the festival, prices for individual activities vary Santa Barbara Harbor & Seafood Festival Santa Barbara , Calif. This one-day festival coincides with lobster season, so you are sure to get the freshest
Former New York Times publisher Arthur Ochs Sulzberger dies
Association and American Press Institute. He was a director of The Associated Press from 1975 to 1984. Sulzberger married Barbara Grant in 1948, and the couple had two children, Arthur Jr. and Karen. After a divorce in 1956, Sulzberger married Carol
Defense of Marriage Act before NY appeals court
has been struck down by a federal appeals court in Boston and five trial-level judges, including U.S. District Judge Barbara Jones in Manhattan. She ruled that the law intrudes upon the states' regulation of domestic relations. Her June decision
5 major rental car companies agree on recall plan
Sens. Charles Schumer of New York and Barbara Boxer of California say five major rental car companies have agreed to stop leasing and selling vehicles under safety recalls
Spain Gov't: More Spending Cuts Than Tax Hikes
The Spanish government will focus more on spending cuts than tax hikes with its 2013 budget, said Spain's Deputy Prime Minister Soraya Santamaria de Saenz on Thursday.