  | | | S&P 500 ekes out gains to run streak to six days | | NEW YORK (Reuters) - The Standard & Poor's 500 finished slightly higher on Friday to run its streak to six straight sessions, but activity was light and gains were slight as the market enters a seasonally slow period. | | |  | | | Exclusive: Former Barclays trader "has cooperated" with Libor probe | | NEW YORK (Reuters) - A former Barclays Plc trader who was fired by the bank for sending inappropriate emails about Libor "has cooperated" with the federal criminal probe into the alleged rigging of international benchmark interest rates, according to the New York hedge fund that currently employs the trader. | | | |  | | | Analysis: Legal woes may spoil Chesapeake's Michigan sale | | HOUSTON/NEW YORK (Reuters) - Chesapeake Energy's planned sale of its oil and gas properties in Michigan likely will bring in less cash for operations or even be stymied completely because of probes into how it got the properties in the first place, some analysts say. | | | |  | | | Judge OKs JPMorgan $100 million credit card settlement | | (Reuters) - JPMorgan Chase & Co won a federal judge's preliminary approval of a $100 million class-action settlement with credit card customers who accused the bank of improperly trying to generate higher fees by boosting their minimum payments. | | | |  | | | Exclusive: Loeb backs Yahoo's Alibaba cash move - source | | SAN FRANCISCO (Reuters) - Yahoo Inc board member and activist hedge fund manager Dan Loeb was supportive of the decision allowing Chief Executive Marissa Mayer to re-evaluate plans for the cash it gets for selling a portion of its Alibaba Group stake, according to a source familiar with the board's thinking. | | | |  | | | Exclusive: U.S. banks told to make plans for preventing collapse | | (Reuters) - U.S. regulators directed five of the country's biggest banks, including Bank of America Corp and Goldman Sachs Group Inc, to develop plans for staving off collapse if they faced serious problems, emphasizing that the banks could not count on government help. | | | |  | | | Analysis: Argentine inflation "resilient" despite slowing growth | | BUENOS AIRES (Reuters) - Argentine dairy farmers dumped truckloads of milk in protests this week while millions of commuters endured the longest subway workers strike in history, all thanks to high inflation that is not seen easing despite a sharp economic slowdown. | | | |  | | | U.S. import prices fall on oil, industrial supplies | | WASHINGTON (Reuters) - U.S. import prices unexpectedly fell in July for the fourth straight month as costs declined for imported oil, industrial supplies and even many consumer goods, further icing inflation pressures. | | | |  |  | | | 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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