U.S. throws lifeline to underwater homeowners | October 25, 2011 07:30 AM ET | WASHINGTON (Reuters) - Homeowners who owe more than their properties are worth got new help on Monday with the government's expansion of a refinancing program in a step that could help up to 1 million borrowers. | Full Article | Netflix plummets on weak outlook, downgrades | October 25, 2011 09:30 AM ET | (Reuters) - Netflix Inc's shares plunged almost 40 percent on Tuesday and were set to open at their lowest level since March last year, a day after the movie rental company warned of higher subscriber attrition and mounting costs. | Full Article | UBS salvages Q3 profit with one-off gain | October 25, 2011 08:52 AM ET | ZURICH (Reuters) - Swiss bank UBS AG overcame a 1.8 billion Swiss franc ($2 billion) rogue trading loss to post a smaller than forecast fall in third quarter net profit on Tuesday as its core wealth management business performed well. | Full Article | | | BUSINESS NEWS | UPS reports higher profit, affirms outlook | October 25, 2011 08:44 AM ET | (Reuters) - United Parcel Service reported a higher quarterly profit as margins improved in the face of flat domestic shipping volume dulled by a sluggish economy, and it affirmed its outlook for record 2011 results. | Full Article | Home prices flat in August: S&P | October 25, 2011 09:24 AM ET | NEW YORK (Reuters) - Single-family home prices were unchanged in August, pointing to a market that continued to stabilize but has yet to gain traction, a closely watched survey said on Tuesday. | Full Article | Newsmaker: The "emperor" of Olympus, protector no longer | October 25, 2011 08:34 AM ET | TOKYO (Reuters) - When Michael Woodford began his short tenure as Olympus president, he described the man who hired him, Chairman Tsuyoshi Kikukawa, as an "umbrella," a protective cover to deflect anyone out to stop the Briton's western-style tough cost-cutting. | 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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