| LATEST NEWS | | Incoming ECB head gives euro zone pre-summit boost | | BRUSSELS/ROME (Reuters) - The incoming head of the European Central Bank threw the euro zone a lifeline hours before a crucial summit on Wednesday by signaling the bank would go on buying troubled states' bonds to combat market turmoil. | Full Article | | | Ex-Goldman director Gupta arrested in Galleon case | | October 26, 2011 09:37 AM ET | | NEW YORK (Reuters) - Rajat Gupta, a former Goldman Sachs Group Inc director and former global head of McKinsey & Co, was arrested on Wednesday on criminal charges related to his hedge fund manager friend Raj Rajaratnam, the central figure in a U.S. crackdown on insider trading. | Full Article | | Durable goods demand shows economic growth | | October 26, 2011 09:37 AM ET | | WASHINGTON (Reuters) - Demand for a range of long- lasting manufactured goods recorded their largest gain in six months in September, cementing views of a step-up in economic growth in the third quarter and suggesting the year's final quarter started with some momentum. | Full Article | | Olympus head quits; watchdog probes firm on disclosure | | October 26, 2011 08:25 AM ET | | TOKYO (Reuters) - Olympus Corp head Tsuyoshi Kikukawa resigned on Wednesday after a scandal over hefty advisory fees wiped out half of the 92-year-old firm's market value, but his successor stuck with the company's line that it had done nothing wrong. | Full Article | |  | | BUSINESS NEWS | | Wall Street set for higher open on corp earnings | | October 26, 2011 09:09 AM ET | | NEW YORK (Reuters) - Wall Street stocks were set for a higher open on Wednesday as optimism about corporate earnings offset concerns about an upcoming meeting of European leaders to tackle the region's debt crisis. | Full Article | | Durable goods orders rise in September | | October 26, 2011 08:42 AM ET | | WASHINGTON (Reuters) - Demand for a range of long- lasting U.S. manufactured goods rose more than expected in September to post the largest increase in six months, cementing views of a step-up in economic growth in the third quarter, even though new orders for transportation equipment fell. | Full Article | | Mortgage applications bounced last week: MBA | | October 26, 2011 07:09 AM ET | | NEW YORK (Reuters) - Applications for home mortgages rose last week, recouping some of the steep decline a week before as demand for both purchases and refinancing perked up, an industry group said on Wednesday. | Full Article | | Amazon.com shares slump as costs weigh on outlook | | October 26, 2011 07:40 AM ET | | (Reuters) - Shares of Amazon.com Inc fell 13 percent in pre-market trade on Wednesday, a day after the company forecast a disappointing outlook for the current quarter on costs related to Kindle and other investments to grow the company. | Full Article | | Cheniere and BG ink $8 billion deal to export U.S. LNG | | October 26, 2011 08:58 AM ET | | NEW YORK (Reuters) - BG Group will export liquefied natural gas from the United States under a landmark $8 billion deal with Cheniere Energy that will allow domestic producers to ship bountiful shale gas supplies to the world for the first time. | Full Article | | | | HEALTH NEWS | | | | | RELATED VIDEO | | |  |  | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. |  | | Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. |  | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. | | | » MORE NEWSLETTERS | | | ODDLY ENOUGH | | | |
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