LATEST NEWS | Swiss draw line in the sand to weaken franc | ZURICH (Reuters) - The Swiss National Bank shocked markets on Tuesday by setting an exchange rate cap on the soaring franc to stave off a recession, discouraging investors anxious about flagging global growth from using the currency as a safe haven. | Full Article | | NYSE sets up for volatile open | September 06, 2011 09:16 AM ET | NEW YORK (Reuters) - The New York Stock Exchange and NYSE Amex Cash Markets invoked a rule to smooth trading at the market open on Tuesday as futures pointed to a sharp drop in the major indexes. | Full Article | U.S. banks offered deal over lawsuits: report | September 06, 2011 01:04 AM ET | LONDON (Reuters) - Big U.S. banks in talks with state prosecutors to settle claims of improper mortgage practices have been offered a deal that may limit their legal liabilities in return for a multibillion-dollar payment, the Financial Times reported on Tuesday. | Full Article | Two dead as wildfires scorch Texas, Perry back home | September 06, 2011 04:02 AM ET | SAN ANTONIO/AUSTIN (Reuters) - Sixty separate wildfires, whipped by winds as Tropical Storm Lee passed, burned across parched Texas on Monday, destroying hundreds of homes and leaving at least two people dead, authorities said. | Full Article | | | BUSINESS NEWS | Italy and Greece worries shake euro zone | September 06, 2011 09:06 AM ET | BERLIN (Reuters) - The euro zone's debt crisis appeared at risk of spiraling out of control on Tuesday amid doubts about Italy and Greece's willingness to push through austerity demanded by their partners, and hardening opposition to further aid in paymaster Germany. | Full Article | Dell and Baidu team up for tablets, mobiles | September 06, 2011 09:07 AM ET | SHANGHAI (Reuters) - Dell Inc and China's top search engine Baidu Inc plan to jointly develop tablet computers and mobile phones, targeting the Chinese market dominated by Apple Inc and Lenovo. | Full Article | Equity hedgies sweat on returns after choppy summer | September 06, 2011 08:53 AM ET | LONDON (Reuters) - Many jittery hedge funds are clinging to core stock holdings in the hope that a rebound in equity markets in the final four months of the year will save the $2 trillion industry from its second calendar year of losses in just four years. | Full Article | Toyota aims for quake-proof supply chain | September 06, 2011 08:32 AM ET | YOKOHAMA, Japan (Reuters) - Toyota Motor Corp is working to create a robust supply chain that would recover within two weeks in the event of another massive earthquake like the one on March 11 that is still affecting output after six months, a top executive said. | Full Article | | | HEALTH NEWS | | | | RELATED VIDEO | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. | | Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. 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 | | ODDLY ENOUGH | | | |
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