  | | | Fed's Bullard defends inflation target | | LOGAN, Utah (Reuters) - The Federal Reserve was neither "hawkish" nor "dovish" when it set a formal inflation target, and such a move would make sense even if the U.S. central bank had a single mandate, a top Fed official said on Monday. | | | |  | | | World Bank picks health expert Kim as president | | WASHINGTON (Reuters) - The World Bank on Monday chose Korean-born American health expert Jim Yong Kim as its new president, maintaining Washington's grip on the job and leaving developing countries questioning the selection process. | | | |  | | | Soros warns euro crisis could destroy the EU | | COPENHAGEN (Reuters) - Billionaire George Soros warned on Monday that the euro crisis is growing deeper, tearing at the fabric of European Union cohesion, because policymakers are prescribing the wrong remedies. | | | |  | | | Barclays assets under management hit record high | | (Reuters) - Barclays Capital on Monday said investment flows into commodities rebounded in the first quarter of 2012 with $6.9 billion worth of fresh inflows into the asset class and total assets under management bounced back to $435 billion, an all-time high. | | | |  | | | Wal-Mart CEO earned less on income, sales results | | (Reuters) - Wal-Mart Stores Inc Chief Executive Mike Duke earned $18.1 million last year, down from $18.7 million a year earlier, as the company's operating income and sales growth fell short of goals. | | | | | Lawmakers set to trade partisan punches over taxes | | WASHINGTON (Reuters) - President Barack Obama and congressional Republicans square off this week over tax hikes for millionaires and tax cuts for businesses, with little expected to be accomplished beyond the winning of political points. | | | |  | | | Oracle-Google trial may reveal financial details | | SAN FRANCISCO (Reuters) - Jury selection in a high-stakes dispute over smartphone technology between Oracle Corp and Google Inc kicked off on Monday morning, starting a trial that could reveal financial details about the Android operating system. | | | |  | | | McDonald's taps Fenton as chief operating officer | | (Reuters) - McDonald's Corp will promote Tim Fenton, currently president of its Asia, Pacific, Middle East and Africa (APMEA) unit, to the post of chief operating officer effective July 1, the world's biggest fast-food chain said on Monday. | | | |  |  | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. 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 | |
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