By proposing to combine two of the world’s three largest makers of payment terminals, VeriFone Systems’ hostile bid for Hypercom appears to raise antitrust issues.
Go to Source
Japan’s prime minister warned on Friday that the country’s fiscal situation was unsustainable given its huge public debt, and called for multiparty tax reform talks as he struggles with a fragile economy and a divided parliament.
Go to Source
Friday’s economic calendar:
8:30 Auto sales
8:30 Personal Income and Outlays
9:55 Reuters/UofM Consumer Sentiment
10:00 ISM Manufacturing Index
10:00 Construction Spending 
Post your comment!
Go to Source
Tens of thousands of low-income workers lost their jobs Thursday as a stimulus-subsidized employment program came to an end.
Go to Source
China’s manufacturing sector picked up pace in September, easing some fears that the world’s third largest economy might be in for a rapid slowdown.
Go to Source
NEW YORK (Reuters) – Wall Street wrapped up its best quarter in a year on Thursday with the S&P and Nasdaq logging in the biggest monthly gains since April 2009, as data showed the economy isn’t in such bad shape.
NEW YORK (Reuters) – American International Group Inc and the U.S. government agreed on Thursday agreed on a plan that would accelerate the payback of bailout money and could yield a profit for taxpayers but also increase their risk.
WASHINGTON/NEW YORK (Reuters) – A single trade by Waddell & Reed Financial Inc helped spark the cascade of market selling on May 6, said a source familiar with regulators’ report on the so-called flash crash.
SAN FRANCISCO (Reuters) – Hewlett-Packard Co named Leo Apotheker, the former head of German software company SAP, as chief executive in a surprise appointment and HP shares dropped 3 percent.
