RefBan

Referral Banners

Tuesday, January 1, 2013

Business Today: Senate approves 'fiscal cliff' deal, crisis eased

Click to View in Browser
01/1/2013
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Senate approves 'fiscal cliff' deal, crisis eased
WASHINGTON (Reuters) - The Senate moved the U.S. economy back from the edge of a "fiscal cliff" on Tuesday, voting to avoid imminent tax hikes and spending cuts in a bipartisan deal that could still face stiff challenges in the House of Representatives.
Analysis: Economy would dodge bullet for now under fiscal deal
WASHINGTON (Reuters) - A deal worked out by U.S. Senate leaders to avoid the "fiscal cliff," was far from any "grand bargain" of deficit reduction measures.
Insight: How Colombian drug traffickers used HSBC to launder money
(Reuters) - When several Colombian men were indicted in January 2010 on money-laundering charges, the case in Brooklyn federal court drew little attention.
Wall Street ends 2012 riding high on "cliff" deal optimism
NEW YORK (Reuters) - U.S. stocks closed out 2012 with their strongest day in more than a month, putting the S&P 500 up 13.4 percent for the year, as lawmakers in Washington closed in on a resolution to the "fiscal cliff" negotiations.
Sharp considering raising $1.2 billion to beef up capital: media
TOKYO (Reuters) - Struggling Japanese TV maker Sharp Corp is considering raising more than 100 billion yen ($1.2 billion) this spring to bolster its capital base, the Yomiuri newspaper reported on Tuesday.
China official factory PMI points to steady growth revival
BEIJING (Reuters) - China's official manufacturing purchasing managers' index held steady in December at 50.6, matching November's seven-month high, as growth in new orders was unchanged and the pace of output softened marginally.
Best Buy loses two board directors
(Reuters) - Best Buy Co Inc said on Monday that two of its board directors had resigned, including one of its former chief executives, almost seven months after its founder, who is now mounting a bid for the struggling retailer, left the board.
Major banks close to big settlement on home loans
(Reuters) - U.S. regulators are close to securing another multibillion-dollar settlement with the largest banks to resolve allegations that they unlawfully cut corners when foreclosing on delinquent borrowers, a source familiar with the talks said.
Shaw CEO sells most of stake after shareholders ok CB&I deal
(Reuters) - James Bernhard, chief executive of engineering company Shaw Group Inc , has sold off most of his stake in the company he founded after shareholders approved a sale to Chicago Bridge and Iron Co NV this month.
Live Nation Chairman Azoff resigns; Liberty buys shares
(Reuters) - Irving Azoff, a legendary music manager who helped make stars out of The Eagles and Christina Aguilera, resigned as chairman of Live Nation Entertainment and sold some of his stake in the concert promotion giant to John Malone's Liberty Media Corp.
Related Video
Egypt pound hits record low
Europe awaits U.S fiscal cliff decision
Economic News
Senate approves 'fiscal cliff' deal, crisis eased
Analysis: Economy would dodge bullet for now under fiscal deal
SUBSCRIBE TO OTHER REUTERS NEWSLETTERS
Counterparties
A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today  
 Money
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
- 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters
Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details
Subscribe to other Reuters newsletters.
Unsubscribe from this newsletter.
Follow us on Twitter facebook Friend us on Facebook Forward this newsletter to a friend Forward to a friend

No comments: