| Business News |
April retail sales barely budged: SpendingPulse
(Reuters)
Reuters - Retail sales barely rose in April, as
a relentless surge in gasoline prices made consumers cut back
other types of spending, according to a report released on
Monday.
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ILFC considering split-up from insurer AIG: report
(Reuters)
Reuters - International Lease Finance Corp, a
unit of American International Group , is worried by the
insurer's financial troubles and mulling a split from it, the
Wall Street Journal said on Monday, citing people familiar with
the matter.
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EnCana to split in two with oil at record highs
(Reuters)
Reuters - EnCana Corp , Canada's
biggest energy company, said on Sunday it plans to split into
two separate oil and natural gas firms in an effort to wring
out more value with crude prices at record highs.
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Cablevision near deal to buy Newsday: source
(Reuters)
Reuters - Tribune Co is close to an agreement to
sell its Newsday newspaper to Cablevision Systems Corp
and an announcement could come as early as Monday, a source
familiar with the situation said on Sunday.
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Global stocks rise as yen eases, Aussie banks eye M&A
(Reuters)
Reuters - Stocks recovered earlier losses on
Monday, with Japan rebounding as the yen fell against the
dollar and boosted exporters, and Sydney rising 1 percent on
optimism over a potential bank takeover.
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April retail sales barely budged: SpendingPulse
(Reuters)
Reuters - Retail sales barely rose in April, as
a relentless surge in gasoline prices made consumers cut back
other types of spending, according to a report released on
Monday.
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