  | | | Wall Street ends down sharply; Dow negative for year | | NEW YORK (Reuters) - The Dow turned negative for the year on Friday after a weak U.S. jobs report accelerated a downturn in stocks, fueled by fears that Europe's spiraling debt crisis was dragging down the world economy. | | |  | | | U.S. job growth trips again, opens door to more Fed moves | | WASHINGTON (Reuters) - U.S. job growth braked sharply for a third straight month in May and the unemployment rate rose for the first time in nearly a year, raising chances of further monetary stimulus from the Federal Reserve to support the sputtering recovery. | | | |  | | | Wal-Mart chairman: Integrity 'is our business' | | FAYETTEVILLE, Arkansas (Reuters) - Wal-Mart Stores Inc executives told shareholders they would not stand for unethical behavior at the world's largest retailer, whose shares have soared to 12-year highs as strong results more than offset concerns about bribery allegations. | | | |  | | | Analysis: How Morgan Stanley sank to junk status | | (Reuters) - The bond markets are treating Morgan Stanley like a junk-rated company, and the investment bank's higher borrowing costs could already be putting it at a disadvantage even before an expected ratings downgrade this month. | | | |  | | | May auto sales disappoint; demand slows | | DETROIT (Reuters) - Automakers posted strong U.S. May sales gains from a year ago, but the sales rate still fell short of expectations as the broader economy softened and gave pause to consumers mulling big-ticket purchases. | | | |  | | | World growth at risk as U.S. employment stumbles | | WASHINGTON/LONDON (Reuters) - The world's economic outlook darkened on Friday as reports showed U.S. employment growth slowing sharply, Chinese factory output barely growing and European manufacturing falling deeper into malaise. | | | | | Judge OKs Dynegy bankruptcy pact with creditors | | (Reuters) - Dynegy Inc on Friday won a U.S. bankruptcy judge's approval of a settlement with creditors, putting the power producer's Dynegy Holdings LLC unit one step closer to emerging from Chapter 11 protection. | | | | | Germans ease austerity pace for Spain, markets in turmoil | | BERLIN/DUBLIN (Reuters) - EU paymaster Germany softened its drive for austerity across the euro zone on Friday, agreeing to allow Spain more time to cut its deficit while its battles a deepening bank crisis, capital flight and recession. | | | |  |  | | | 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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