| | Wall St. slips with Fed still the focus | NEW YORK (Reuters) - Stocks fell on Tuesday, a day after a record close on the S&P 500, with traders looking ahead to next week's Federal Reserve meeting in the absence of market-moving economic data. | | | | | Regulators seek to curb Wall St. trades with Volcker rule | WASHINGTON (Reuters) - U.S. banks will no longer be able to make big trading bets with their own money after regulators on Tuesday finalized the Volcker rule and shut down what was a hugely profitable business for Wall Street before the credit crisis. | | | | | | Twitter shares touch new high, sail past $52 | SAN FRANCISCO (Reuters) - Investors piled into Twitter Inc for the second straight day, lifting its shares to more than $52 and setting a new intraday high on Tuesday even in the absence of any significant announcements from the social media debutante. | | | | | | Lululemon aims to move past gaffes with new CEO, chairman | TORONTO (Reuters) - Lululemon Athletica Inc named a new chief executive on Tuesday and said founder Chip Wilson will step down as chairman, as the upscale yogawear retailer tries to expand globally and put a series of embarrassing quality issues and other gaffes behind it. | | | | | | Wal-Mart taps insider to head international division | (Reuters) - Wal-Mart Stores Inc on Tuesday said the head of its Canadian division would take over the retailer's international unit next year, succeeding Doug McMillon, who was named CEO of the company last month. | | | | | | Europe sketches plan to close troubled banks | BRUSSELS (Reuters) - Euro zone countries edged closer on Tuesday to agreeing a plan to close ailing banks and sharing the costs, a move that would pave the way for a fundamental reform to underpin the currency and its banks. | | | | | | | 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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