| European debt woes drive euro to 13-month low (AP) The euro sank to a 13-month low Tuesday against the dollar as concerns about debt problems in Europe weighed on markets despite a massive bailout for Greece. The U.S. currency rose broadly as stocks and commodity prices tumbled. us.rd.yahoo.com |
Treasury gets $6.2 billion from Citigroup sales (AP) The Treasury Department said Wednesday it raised $6.2 billion from the sale of 1.5 billion shares of Citigroup stock it received as part of the government's rescue of the bank. The government sold the shares at a profit as it seeks to recoup the costs of the $700 billion financial bailout. us.rd.yahoo.com |
Compass purchases Ergo Baby Carrier [AP] - Compass Diversified Holdings, which invests in mid-sized businesses, said Friday that it has purchased Hawaiian baby products maker Ergo Baby Carrier Inc. us.rd.yahoo.com |
Treasure or junk? Spain finds possible shipwrecks [AP] - Spanish Navy vessels looking for sunken treasure off the country's coast have found around 100 possible shipwrecks in the first fruit of a drive to protect Spain's historical heritage from private salvagers seeking gold and other booty. us.rd.yahoo.com |
Traders worried by CME's IT mistakes [at Financial Times] - When the CME Group unveils its third-quarter earnings on Thursday, the US's biggest futures exchange will be forced to revisit an embarrassing episode from its recent past. us.rd.yahoo.com |