  | | | U.S. housing regaining footing as supply improves | | WASHINGTON (Reuters) - U.S. home resales rose more than expected in May and the stock of properties for sale was the highest in more than 1-1/2 years, suggesting that housing was pulling out of a recent slump. | | |  | | | Wall Street ends nearly flat after six-day rally | | NEW YORK (Reuters) - U.S. stocks ended a quiet session essentially unchanged on Monday as investors found few reasons to keep buying following a six-day rally in the S&P 500, though merger activity lifted energy shares. | | | |  | | | Argentina seeks U.S. court stay to avoid new debt crisis | | BUENOS AIRES (Reuters) - Argentina has asked a U.S. judge to issue a stay of his ruling against the country in its case against "holdout" creditors as it seeks to start negotiations aimed at avoiding a new default, according to court papers filed on Monday. | | | |  | | | Alstom workers relieved as GE wins takeover bid | | BELFORT France (Reuters) - For Alstom workers in eastern France, news that General Electric has beaten rival bidder Siemens to a tie-up with their firm has brought relief and a response perhaps best summed up by the saying "better the devil you know". | | | |  | | | Popular buys Citi's retail, credit card business in Spain | | MADRID (Reuters) - Spain's Banco Popular has agreed to buy Citi's retail banking and credit card business in Spain, a sign that foreign banks are retreating from the country's financial services market in the wake of the financial crisis. | | | |  | | | Honda and others recall nearly 3 million vehicles over air bag flaw | | TOKYO/DETROIT (Reuters) - Honda Motor Co 7267.T and other Japanese automakers on Monday recalled almost 3 million cars with potentially explosive air bags supplied by Takata Corp 7312.T, bringing the total recall so far to about 10.5 million vehicles over the past five years. | | | |  | | | American Apparel says company not for sale | | (Reuters) - American Apparel Inc's co-chairman said on Monday the company was not for sale, had no need for immediate capital, and that the search for a new chief executive to replace ousted Dov Charney had generated "enormous interest." | | | | |  |  | | | 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 | |
