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Mariner Platform Blast May Extend Obama Deep-Water Drilling Ban

Bloomberg - Jim Efstathiou Jr - ‎2 hours ago‎
Sept. 2 (Bloomberg) -- Carl Larry, president of Oil Outlooks and Opinions LLC, talks with Bloomberg's Melissa Long about an explosion on a Mariner Energy Inc. platform in the Gulf of Mexico, ...

Time to Consider the Unloved Dell

New York Times - ‎2 hours ago‎
Are Dell's shareholders on Xanax? The computer maker has finally bowed out of its mad bidding war for 3Par, the data storage company.

Burger King Agrees to $4 Billion Private Equity Offer

New York Times - Michael J. de la Merced - ‎3 hours ago‎
Burger King agreed on Thursday to sell itself to an investment firm with roots in Brazil in a deal valued at $4 billion, including the assumption of debt.

Regulators fell short in identifying and addressing problems, Bernanke says

Washington Post - Ariana Eunjung Cha - ‎3 hours ago‎
Regulators fell short in using their powers "forcefully or effectively" to stop risky practices by banks and were slow to identify and address abuses in the US financial system that led to global economic crisis, Federal Reserve ...

Index of pending home sales rises 5.2%

Los Angeles Times - Alejandro Lazo - ‎4 hours ago‎
July's increase from June in the National Assn. of Realtors' gauge for previously owned residences follows two straight months of declines and a report that sales of such homes dived 27.2%.
Pending home sales rise San Francisco Chronicle

White House considers pre-midterm package of business tax breaks to spur hiring

Washington Post - Anne E. Kornblut, Lori Montgomery - ‎2 hours ago‎
These leaders have been a driving force behind the nation's economic policies since the financial crisis of 2008. By Anne E. Kornblut and Lori Montgomery With just two months until the November elections, the White House is seriously weighing a package ...
Democratic Salvage Plan Wall Street Journal

Japan Bonds Head for Biggest Weekly Loss Since May 2008 on Ozawa, Spending

Bloomberg - Masaki Kondo, Kenichiro Kanno - ‎22 minutes ago‎
Japanese bonds fell, extending the biggest weekly loss since May 2008, on concern a government led by Ichiro Ozawa will boost debt-fueled spending and as capital expenditure data ...

Power plants, residents weigh in on coal ash plan

BusinessWeek - Catherine Tsai - ‎7 hours ago‎
More than 100 speakers signed up to comment Thursday on whether the Environmental Protection Agency should regulate the disposal of coal ash under rules for hazardous waste.

Hong Kong Stocks Little Changed; Developers Rise, Esprit Falls

BusinessWeek - Kana Nishizawa - ‎49 minutes ago‎
Sept. 3 (Bloomberg) -- Hong Kong stocks were little changed as developers gained after home sales in the city jumped to the highest in almost three years, while fashion retailer Esprit Holdings Ltd.

Lehman, AbitibiBowater, Black Crow, W Union Square: Bankruptcy

BusinessWeek - Bill Rochelle - ‎17 minutes ago‎
Sept. 3 (Bloomberg) -- Lehman Brothers Holdings Inc. said yesterday that it will invest another $1 billion in its two non- bankrupt bank subsidiaries, Aurora Bank FSB and Utah-based Woodlands Commercial Bank.

US Retail Sales Top Estimates on Tax Holidays, Discounts

Bloomberg - Allison Abell Schwartz - ‎14 hours ago‎
A family walks toward the entrance to the Kohl's store in Round Rock, Texas. Photographer: Jack Plunkett/Bloomberg US retailers reported August sales that beat analysts' estimates as ...

PG&E's smart meters work fine, independent study says

USA Today - Julie Schmit - ‎4 hours ago‎
Consumer allegations in California that new smart meters measuring household energy use led to unfairly high bills are unfounded and the meters work just fine, an independent research group said Thursday.

AOL-Google revenue-sharing pact includes mobile, online video services

Washington Post - Steven Overly - ‎3 hours ago‎
AOL and Google announced Thursday a five-year renewal of their revenue-sharing pact, which will now include mobile search and online video, two areas that AOL chief executive Tim Armstrong called critical to the future of his company ...

Jumbo Borrowers See Better Rates, Too

TheStreet.com - Lauren Tara LaCapra - ‎6 hours ago‎
NEW YORK (TheStreet) -- The sharp decline in mortgage rates hasn't been limited to borrowers with loans that are small enough to receive federal assistance -- jumbo borrowers have been seeing the same ...

Video Game Maker Take-Two Reports an Unexpected Profit

New York Times - ‎2 hours ago‎
By BLOOMBERG NEWS Take-Two Interactive Software, publisher of the Grand Theft Auto video games, reported an unexpected third-quarter profit and raised its earnings outlook on sales of its newest release, Red Dead Redemption.

Sensex off early highs on mixed Asian cues

Economic Times - ‎22 minutes ago‎
MUMBAI: After the initial rush, stocks came off highs and seemed poised to slip in the red as Asian indices showed a mixed turn. Japan's Nikkei was up just 0.02 per cent, Hong Kong's Hang Seng showed a gain of 0.07 per cent, while Singapore' Strait ...

Dollar Heads for Weekly Decline Against Euro, Yen Before Payrolls Report

Bloomberg - Yasuhiko Seki, Ron Harui - ‎1 hour ago‎
The dollar headed for a weekly loss against the euro and the yen before a US report forecast to show American employers cut jobs last month, damping demand for assets in the world's largest ...

S.Korea Kia recalls some Soul, Sorento vehicles

Reuters - Hyunjoo Jin, Jonathan Hopfner - ‎4 hours ago‎
SEOUL (Reuters) - South Korea's No. 2 automaker Kia Motors said on Friday that it had started a recall of some Soul and Sorento vehicles sold worldwide because of a fire hazard.

Disney, TWC $ign new carriage deal

New York Post - Claire Atkinson - ‎16 minutes ago‎
After a tense summer of negotiations, Walt Disney and Time Warner Cable struck a deal that will keep channels such as ABC and ESPN on the air.

ABM settles sexual harassment suit for $5.8 million

Los Angeles Times - Nathan Olivarez-Giles - ‎4 hours ago‎
The US Equal Employment Opportunity Commission had alleged that 21 female janitors were sexually harassed or assaulted by male supervisors.
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