EU fails to reach deal on financial supervision

BRUSSELS | Wed Jul 14, 2010 10:46am EDT BRUSSELS (Reuters) – Efforts to clinch a deal on the way banks, insurers and markets in the European Union are supervised failed on Wednesday and talks will resume in late August or early September, EU sources said. BRUSSELS (Reuters) – Efforts to clinch a [...]

Panel hears final pleas on Glaxo diabetes drug

By Lisa Richwine GAITHERSBURG | Tue Jul 13, 2010 9:48pm EDT GAITHERSBURG Md (Reuters) – GlaxoSmithKline Plc has agreed to pay $460 million to settle thousands of lawsuits over its Avandia diabetes pill, Bloomberg reported on Tuesday, on the eve of a crucial vote by U.S. experts on whether the pill [...]

Autos, gasoline drag retail sales lower in June

WASHINGTON | Wed Jul 14, 2010 8:46am EDT WASHINGTON (Reuters) – Sales at retailers fell for a second month in June, pulled down by weak receipts at automotive dealers and gasoline stations, according to a government report on Wednesday that added to evidence the economic recovery was proceeding at a moderate pace. [...]

Wall Street slips on June retail sales, but Intel helps

LONDON | Wed Jul 14, 2010 5:31am EDT LONDON (Reuters) – Stock index futures pointed to a higher open for Wall Street on Wednesday, boosted by upbeat earnings from technology firm Intel (INTC.O), with S&P 500 futures up 0.6 percent, Nasdaq futures 1.1 percent higher, and futures for the Dow Jones industrial [...]

Next Page »