connie vallone
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Wall Street Journal- Dow's Drop Is Worst This Year June 2, 2012Another dismal U.S. jobs report triggered the year's biggest stock selloff and erased what was left of the Dow Jones Industrial Average's 2012 gains.
- MF's Bank Returns $600 Million June 2, 2012J.P. Morgan Chase has returned roughly $600 million that was ensnared at the bank when MF Global collapsed in October.
- Fed Debate Builds as Outlook Dims June 1, 2012The dismal jobs report is sure to sharpen a debate at the Federal Reserve about whether to take new actions to spur economic growth, but it likely doesn't settle it.
- U.S. Auto Sales Keep Rising June 2, 2012Auto makers on Friday reported a 26% rise in May U.S. sales of new cars and light trucks, shrugging off worries about the American economy despite further signs the recovery is slowing.
- Plan Set To Curb Market Swings June 1, 2012The Securities and Exchange Commission approved a long-awaited plan by U.S. stock exchanges to upgrade and broaden measures designed to guard markets against another "flash crash."
- Google Tips Off Users in China June 1, 2012Google has begun notifying users in China when they use search terms that can trigger China's Internet blocks, in its boldest challenge in two years to Beijing's efforts to restrict online content.
- GM Acts to Pare Pension Liability June 2, 2012General Motors said it aims to reduce its pension obligations by $26 billion by overhauling its U.S. pension plan for retired white-collar workers, cutting by nearly 20% the biggest drag on its balance sheet.
- Euro-Zone Data Deepen Gloom June 2, 2012A further decline in euro-zone manufacturing and a record jobless rate of 11% suggest that the region's economy will continue to flounder.
- State Takes Fresh Crack at Mortgages June 1, 2012Fannie Mae and Freddie Mac will participate in a Nevada program that cuts loan balances for certain homeowners who are current on their mortgages and owe more than their houses are worth in what could be a model for other hard-hit states.
- Charged Questions Barred in Gupta Trial June 2, 2012A protégé of former Goldman Sachs director Rajat Gupta took the stand in Mr. Gupta's insider-trading trial, but prosecutors were precluded from asking him some of their most potentially explosive questions.
- Dow's Drop Is Worst This Year June 2, 2012
