  | | | Wall Street falls on euro zone concerns | | NEW YORK (Reuters) - Stock futures fell on Monday as Europe's aid package for Spanish banks did little to alleviate investor concerns about the euro zone's finances and the slowdown in the global economy. | | |  | | | Fed's Williams says Europe presents global threat | | (Reuters) - The European debt crisis poses a "significant" threat to financial stability and could undermine progress made in recent years to strengthen the global financial system, a top Federal Reserve official said on Monday. | | | | | Weak house prices drag U.S. family wealth : Fed | | WASHINGTON (Reuters) - Americans suffered a record decline in wealth between 2007 and 2010 as home values tumbled, according to a Federal Reserve report on Monday that underscored the severity of the recent recession. | | | |  | | | Apple takes on Google with own maps, better Siri | | SAN FRANCISCO (Reuters) - Apple Inc took the wraps off its own mobile mapping service and made its enhanced Siri voice-search available for iPads as it rolled out souped-up software and hardware on Monday to help it wage war on Google Inc. | | | | | Giant Port Arthur refinery unit seen shut for months | | HOUSTON (Reuters) - Output at the biggest U.S. refinery could be cut by more than half for up to five months after Motiva Enterprise's failed to restart a major new crude unit at the Port Arthur, Texas, plant over the weekend, sources familiar with operations said on Monday. | | | |  | | | New York City files derivative suit versus Wal-Mart | | (Reuters) - New York City's pension funds on Monday became the latest group to file a derivative lawsuit against Wal-Mart Stores Inc based on reported allegations of bribery in Mexico and a possible cover-up by Wal-Mart officials. | | | | | Apax, JMI to buy software firm Paradigm for about $1 billion | | LONDON/NEW YORK (Reuters) - Private equity firm Apax Partners and technology investment firm JMI Equity agreed to pay about $1 billion cash for software group Paradigm, whose technology helps oil and gas companies analyze drilling prospects. | | | |  | | | Market euphoria over Spanish bank bailout fizzles | | MADRID/BERLIN (Reuters) - Financial market euphoria over a European bailout for Spain's debt-stricken banks faded quickly on Monday as investors sounded the alarm over its impact on public debt and bondholders, and eyed the next risks in the euro zone's debt crisis. | | | | |  |  | | | 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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