LATEST NEWS | Italian shoemaker pays record rent at London store | LONDON (Reuters) - Italian luxury shoemaker Salvatore Ferragamo is close to agreeing a deal to pay a record UK rent at its Bond Street store that will break the 1,000 pounds ($1,576) per square foot mark for the first time, a source familiar with the deal told Reuters. | Full Article | | China bans toddler palm-reading assessments | February 01, 2012 02:38 AM ET | BEIJING (Reuters) - China has banned kindergartens in a northern province from offering palm-reading tests that the schools had claimed could predict toddlers' intelligence level and potential, state news agency Xinhua reported on Wednesday. | Full Article | | | US TOP NEWS | After Florida win, Romney stumbles in comments on poor | February 01, 2012 12:01 PM ET | TAMPA, Florida (Reuters) - Mitt Romney regained the lead in the Republican presidential nomination race with a big win in Florida, but drew criticism on Wednesday in what should have been his victory lap with remarks suggesting he was indifferent to America's poor. | Full Article | Facebook to file $5 billion IPO Wednesday: IFR | February 01, 2012 12:26 PM ET | NEW YORK (Reuters) - Facebook is expected to submit paperwork to regulators on Wednesday morning for a $5 billion initial public offering and has selected Morgan Stanley and four other bookrunners to handle the mega-IPO, sources close to the deal told IFR. | Full Article | Obama calls for $5-10 billion for home refinancing | February 01, 2012 11:26 AM ET | WASHINGTON (Reuters) - President Barack Obama on Wednesday called on Congress to approve a $5 billion to $10 billion effort to help U.S. homeowners refinance as part of a wider package of proposals to shore up the depressed housing market. | Full Article | Ex-Credit Suisse manager pleads guilty in subprime probe | February 01, 2012 12:20 PM ET | NEW YORK (Reuters) - A former London-based Credit Suisse trader pleaded guilty to a criminal conspiracy charge on Wednesday, and he is cooperating with a U.S. government investigation on writedowns of subprime mortgage derivatives at the height of the financial crisis. | Full Article | | | BUSINESS 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 | | TECHNOLOGY NEWS | | | |
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