Business - Page 3

AP - Investors pressing companies to say more about the possible financial effects of global warming haven't found an ally in large mutual funds. More Info...  

FT.com - London equities reversed early gains on Tuesday as the index was hit by worries about the real estate sector in Spain. More Info...  

Reuters - World Bank President Paul Wolfowitz has hired a high-profile lawyer who hopes to present to a special bank committee Wolfowitz's case that he was not unethical in directing a promotion for his girlfriend.

Reuters - Bank of America Corp.'s agreement to buy ABN AMRO Holding NV's LaSalle Bank Corp. unit for $21 billion is a pricey bet that it can energize a franchise operating in Chicago, one of the hottest U.S. banking markets, and in Michigan, one of the weakest.

Reuters - BIRMINGHAM, Alabama (Reuters) Ex-HealthSouth Corp. CEO Richard Scrushy agreed to pay an extra $10 million to stockholders to settle U.S. Security and Exchange Commission charges, his attorney, Art Leach, said on Monday.

Business

Reuters - Google Inc. has knocked Microsoft Corp. from its perch as the world's top-ranked brand, according to findings released on Monday.

Reuters - British bank Barclays Plc has agreed to buy Dutch rival ABN AMRO for about 67 billion euros ($91 billion) in shares as it attempts to fight off rivals to clinch the world's biggest bank takeover.

AFP - European stock markets began the week in negative territory amid merger and acquisition news in the banking, pharmaceutical and transport sectors, dealers said Monday.

AFP - US-based Citigroup and Britain's HSBC were among a group of banks that started providing local-currency retail services in China Monday after receiving the final green light, state media said.

Reuters - The average price of a gallon of gasoline in the United States rose more than 8 cents over the past two weeks, an analyst said on Sunday, but price declines at wholesale and in some Midwestern cities may herald an easing of pain at the pump for drivers this summer.

Business

Reuters - If Bank of America pulls off a deal to buy Chicago-based retail bank LaSalle, it will fill in one of the last remaining gaps in nationwide coverage for the second-largest U.S. bank.

Reuters - Barclays Plc is likely to unveil an agreed upon deal to take over Dutch bank ABN AMRO as early as Monday, sources familiar with the situation said, just as Royal Bank of Scotland moves to simplify a possible counter offer.

Reuters - As the Dow industrials approach 13,000 for the first time, investors will keep a close eye on the heavy flow of quarterly earnings while new data on consumer sentiment and the pace of the U.S. economy stream this week.

AFP - China's economy could grow by 10.9 percent in 2007, up from 10.7 percent last year, according to a study quoted in state press Saturday that will increase concerns about overheating.

Reuters - Thousands of workers at Freeport-McMoRan's Grasberg mine in Indonesia have ended a four-day walkout over welfare that had sent copper prices to seven-month highs, the head of a workers' group said on Saturday.

Reuters - Japan's top two steel makers, Nippon Steel Corp. (5401.T) and JFE Holdings Inc. (5411.T), are expected to report record group profits for the business year ending in March 2008, the Nikkei daily said on Saturday.

Reuters - U.S. Treasury Secretary Henry Paulson said on Friday he is "a big believer in a strong dollar" but reiterated that China's yuan currency needs to appreciate more against the greenback.

Business

Reuters - Consumer privacy groups on Friday sought to derail Google Inc.'s $3.1 billion deal to buy online ad supplier DoubleClick Inc., filing a complaint with U.S. regulators to block the merger on privacy grounds.

Reuters - Consumer privacy groups on Friday sought to derail Google Inc.'s $3.1 billion deal to buy online ad supplier DoubleClick Inc., filing a complaint with U.S. regulators to block the merger on privacy grounds.

Reuters - U.S. stocks jumped on Friday, with the Dow closing at a record high after coming within 35 points of 13,000, as Google Inc. and Caterpillar Inc. joined the list of companies reporting stronger-than-expected quarterly results.