Alcoa posts Q4 loss on low metal price, weak market | January 09, 2012 04:29 PM ET | (Reuters) - Alcoa Inc , the largest U.S. aluminum producer, posted a fourth-quarter loss on Monday as slumping metal prices forced it to take a charge for cutting back production and market weakness continued, particularly in construction and packaging. | Full Article | Swiss central bank chief quits over wife's currency deal | January 09, 2012 02:12 PM ET | BERNE (Reuters) - Swiss National Bank Chairman Philipp Hildebrand resigned with immediate effect on Monday, saying he could not prove he had been unaware of a currency trade made by his wife and wanted to protect the integrity of the central bank. | Full Article | November consumer credit surges by most since 2001 | January 09, 2012 04:29 PM ET | WASHINGTON (Reuters) - Consumer credit surged in November by the most since October 2001, rising 10.0 percent on higher credit card debt and more student loans doled out by the government , a Federal Reserve report showed on Monday. | Full Article | | | US TOP NEWS | Top Obama aide Daley steps down, budget chief takes | January 09, 2012 04:20 PM ET | WASHINGTON (Reuters) - President Barack Obama said on Monday his budget chief Jack Lew would take over as White House chief of staff, replacing former businessman Bill Daley, who is stepping down after a troubled one-year tenure. | Full Article | U.S. moves toward legal action against Swiss bank: sources | January 09, 2012 06:02 AM ET | (Reuters) - U.S. authorities are moving toward taking legal action against Wegelin & Co, which could lead to an indictment of one of Switzerland's last pure private banks, on charges that it enabled wealthy Americans to evade taxes, according to two persons with knowledge of the case. | Full Article | Iran sentences U.S.-Iranian man to death for spying | January 09, 2012 02:27 PM ET | TEHRAN (Reuters) - Iran's Revolutionary Court has sentenced an Iranian-American man to death for spying for the CIA, officials said on Monday, a move likely to aggravate U.S.-Iranian tensions already high because of Tehran's disputed nuclear program. | 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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