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Stock index futures signal lower Wall Street open
NEW YORK (Reuters) - Stock index futures pointed to a lower open for equities on Wall Street on Monday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 down 0.2 to 0.5 percent.
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Greek parties face EU bailout deadline
ATHENS (Reuters) - Greece's coalition parties must tell the European Union on Monday whether they accept the painful terms of a new bailout deal to avoid a messy default that could threaten the country's future in the euro zone.
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Insight: Two firms flourish in frenzied MF Global aftermath
NEW YORK (Reuters) - The mad rush to move client money out of MF Global Inc. after its collapse left two firms with the bulk of customer accounts, while other brokerages emerged with only minor gains from the chaos of carving up a multibillion-dollar business.
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GM aims for 10 percent profit margin over next few years: report
(Reuters) - General Motors aims to raise its profit margin to 10 percent over the next several years, up from the current margin of about 6 percent, Daniel Ammann, chief financial officer, told the Wall Street Journal in an interview.
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Chrysler's "Halftime" ad: a roadmap for America?
LAS VEGAS (Reuters) - Is what is good for Chrysler good for America?
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As Facebook grows up, it courts Madison Avenue
(Reuters) - About a year ago, when it became clear that taking Facebook Inc public was a matter of when not if, Chief Operating Officer Sheryl Sandberg went out and poached Caroline Everson, then global advertising head at Microsoft Corp.
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Citi gets approval to issue credit cards in China
SHANGHAI (Reuters) - The China unit of Citigroup Inc said on Monday that it has received regulatory approval to issue credit cards in China, the first non-Asian bank to receive permission.
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Analysis: Euro zone strugglers lack innovative knack
LONDON (Reuters) - To get an idea of the economic mountain euro zone strugglers Greece and Portugal have to climb, consider this: per million inhabitants, they each filed fewer than eight applications with the European Patent Office in 2010.
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Olympus ex-CEO Woodford sees more revelations
TOKYO/LONDON (Reuters) - Official investigations into a massive fraud at Japan's Olympus Corp are highly likely to lead to further revelations on the scandal soon, according to the firm's former chief executive, Michael Woodford, who blew the whistle on the affair.
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Mitsubishi Motors to stop making cars in western Europe
TOKYO (Reuters) - Japan's Mitsubishi Motors Corp said it will end production at its only western European plant, in the Netherlands, at the end of this year, a move that was expected as its sales in Europe have dropped to a third of their peak.
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