  | | | Wall Street ends lower on Cypriot bailout plan | | NEW YORK (Reuters) - Stocks dropped on Monday, after a plan to tax bank accounts in Cyprus to help pay for the country's bailout stoked worries that it could threaten the stability of financial institutions in the euro zone. | | |  | | | Cyprus reworks divisive bank tax, delays vote | | NICOSIA (Reuters) - Cypriot ministers scrambled to revise a plan to seize money from bank deposits before a parliamentary vote on Tuesday that will either secure the island's financial rescue or threaten its default. | | | |  | | | Federal grand jury indicts former Calpers CEO in fraud scheme | | SAN FRANCISCO (Reuters) - A federal grand jury has indicted former California Public Employees' Retirement System Chief Executive Officer Federico Buenrostro on conspiracy charges in connection with a scheme to commit fraud, the U.S. Department of Justice said on Monday. | | | |  | | | Electronic Arts CEO to step down | | SAN FRANCISCO (Reuters) - Electronic Arts' Chief Executive Officer John Riccitiello has resigned, saying he was "accountable" for the company's missing operational targets. | | | |  | | | Avenue hedge fund names CIO as Lasry seen getting ambassadorship | | NEW YORK (Reuters) - As speculation mounts that Avenue Capital hedge fund co-founder Marc Lasry will be nominated as the next U.S. ambassador to France, his $12 billion firm has told investors it is naming its first chief investment officer, according to a memo reviewed by Reuters. | | | |  | | | Goldman mortgage appeal rejected by Supreme Court | | WASHINGTON (Reuters) - Goldman Sachs Group Inc suffered a defeat on Monday as the U.S. Supreme Court let stand a decision forcing it to defend against claims it misled investors about mortgage securities that lost value during the 2008 financial crisis. | | | |  | | | Rusdi Kirana, typewriter salesman to airline supremo | | PARIS/JAKARTA (Reuters) - Rusdi Kirana, who placed a $24 billion Airbus order watched by French President Francois Hollande, has blazed a trail from teenage typewriter salesman to airline boss courted by leaders on both sides of the Atlantic. | | | |  | | | HSBC cuts gold forecast, sees recovery later in 2013 | | LONDON (Reuters) - HSBC cut its gold forecast for this year and next on Monday after the metal's weak start to the year, but said ultra-loose monetary policy in the United States and elsewhere meant it remains positive on prices overall. | | | | |  |  | | | 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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