About
This is the official page for Bloomberg News headlines. Stay up-to-date on...
This is the official page for Bloomberg News headlines. Stay up-to-date on the top global business news of the day. Also follow us on Twitter at http://twitter.com/bloombergnews and read our blog at http://inside.bloomberg.com/.
77,529
like this10,350
talking about thisBloomberg News
Wall
- Report/Mark as SpamThe European Union may impose position limits for commodities derivatives and curbs on high- frequency trading as part of plans to overhaul the region’s financial-market rules.
- Report/Mark as SpamThe shortfall registered $1.3 trillion in fiscal 2011, up from $1.29 trillion in 2010 and the second-highest on record, according to Treasury Department data issued today in Washington. It reached $1.42 trillion in 2009, the highest ever. The September gap widened to $64.6 billion from $34.6 billion...
- Report/Mark as SpamBank of America Corp. and Citigroup Inc. are among firms planning to repay rather than roll over their share of $231 billion raised under a U.S. loan program meant to help the economy as the business slowdown crimps demand for credit.
- Report/Mark as SpamEuropean officials are considering writedowns of as much as 50 percent on Greek bonds, a backstop for banks and continued central bank bond purchases as key planks in a revamped strategy to combat the debt crisis, people familiar with the discussions said.
- Report/Mark as SpamEuropean officials are outlining a rescue plan that may include deeper investor losses on Greek bonds, higher bank capital levels and increased firepower for bailouts and the International Monetary Fund.
- Report/Mark as SpamThird-quarter sales, excluding revenue passed on to partner sites, rose to $7.51 billion, Mountain View, California-based Google said on its website. That topped the $7.23 billion average of analyst’s estimates compiled by Bloomberg. Net income climbed 26 percent to $2.73 billion, or $8.33 a share, ...
- Report/Mark as Spam“Here is what you need to impress upon your readers,” Rick Perry said, putting down his barbecue to jab a finger at me. “What happened in Texas over the last decade is not a miracle. Miracles are things that happen, and they’re unexplained. Miracles are what God does.”
- Report/Mark as SpamHoward Buffett said his father, billionaire Warren Buffett, plans to work until death leading Berkshire Hathaway Inc. and isn’t considering retirement.
- Report/Mark as SpamThe firms may become part of a consortium that would pool the financing needed, said the people, who asked not to be identified because the review is preliminary and the firms may decide not to bid.
- Report/Mark as SpamRaj Rajaratnam, the Galleon Group LLC co-founder and hedge fund manager whom prosecutors called “the modern face of illegal insider trading,” was sentenced to 11 years in prison, less than half of the maximum sentence sought by the government.
- Report/Mark as SpamLawmakers voted 114 to 30 with three abstentions to support the European Financial Stability Facility in the second attempt this week after parliament failed to approve the measures on Oct. 11.
- Report/Mark as SpamApple Inc.’s latest iPhone has sold out for pre-order at AT&T Inc., Verizon Wireless and Sprint Nextel Corp. according to the carriers’ websites, signaling customer demand even before it goes on sale in stores tomorrow.
- Report/Mark as SpamGalleon Group LLC’s Raj Rajaratnam will be sentenced today for masterminding the biggest hedge-fund insider trading scheme in U.S. history, facing a federal judge who has broad discretion in setting his punishment.
- Report/Mark as SpamEight banks out of the 90 tested failed the European Banking Authority’s July 15 stress test, with a combined capital shortfall of 2.5 billion euros.