LATEST NEWS | Wall Street ends higher on IMF hopes, Goldman | NEW YORK (Reuters) - Stocks jumped to their highest since July on Wednesday as the International Monetary Fund sought to help countries hit by the European debt crisis, while Goldman Sachs' forecast-beating earnings dispelled some worries over bank profits. | Full Article | | EBay says quarterly profit jumps | January 18, 2012 04:34 PM ET | SAN FRANCISCO (Reuters) - EBay Inc's fourth-quarter profit jumped as the e-commerce company saw solid growth in its online marketplaces and an increase in transactions processed through its PayPal electronic payments business. | Full Article | IMF seeks $600 billion more in funds | January 18, 2012 03:08 PM ET | WASHINGTON/MEXICO CITY (Reuters) - The International Monetary Fund is seeking to boost its war chest by $600 billion to help countries reeling from the euro zone debt crisis, but some nations insist Europe must first do more to support its ailing members, international financial sources said on Wednesday. | Full Article | Goldman beats Street on lower expenses | January 18, 2012 02:21 PM ET | (Reuters) - Goldman Sachs Group Inc's fourth-quarter profit fell 56 percent as trading and investment banking revenue plunged, but the bank did better than expected thanks to cost-cutting and lower taxes, sending its shares higher. | Full Article | | | US TOP NEWS | Divers suspend search of capsized Italy liner | January 18, 2012 01:43 PM ET | GIGLIO, Italy (Reuters) - Divers searching the capsized Italian cruise liner Costa Concordia suspended work on Wednesday after the vast wreck shifted by more than a meter, delaying plans to remove the oil from the liner to prevent a possible environmental disaster. | Full Article | House rejects debt limit hike in protest vote | January 18, 2012 04:38 PM ET | WASHINGTON (Reuters) - The House of Representatives voted to reject a $1.2 trillion increase in the federal debt limit on Wednesday in a largely symbolic vote aimed at staking out election-year positions on government spending. | Full Article | Greece, creditors haggle to avoid costly default | January 18, 2012 04:32 PM ET | ATHENS (Reuters) - Greece began a new round of bargaining on a bond swap deal with its creditors on Wednesday, with both sides under mounting pressure to iron out differences before they push Athens to a messy default. | Full Article | Romney aims to stay away from his income tax issue | January 18, 2012 03:26 PM ET | SPARTANBURG, South Carolina (Reuters) - Republican presidential candidate Mitt Romney sought on Wednesday to stay away from the issue of how much he pays in taxes a day after acknowledging that his income tax rate is about 15 percent, but a key ally joined rivals' calls for Romney to release his tax returns. | 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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