| |  Reuters: Top NewsReuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. · Home resales rise, boding well for economy
WASHINGTON (Reuters) - The pace of sales for existing homes in April rose to its fastest in nearly two years and a falloff in foreclosures helped cause an unexpected jump in prices, hopeful signs for the country's economic recovery. · Facebook shares drop again as SEC, FINRA call for review
(Reuters) - Facebook's shares fell sharply again on Tuesday and two top U.S. financial regulators called for a review of the circumstances surrounding its troubled initial public offering last week. · Gupta on Rajaratnam's "important people" list: witness
NEW YORK (Reuters) - Former Goldman Sachs director and McKinsey & Co executive Rajat Gupta was on a list of "important people" that now-imprisoned hedge fund manager Raj Rajaratnam was willing to be disturbed to take their phone calls, his onetime secretary testified at Gupta's insider-trading trial on Tuesday. · Exclusive: Housing chief leaves Morgan to launch buy-to-rent fund
(Reuters) - Oliver Chang, head of U.S. housing strategy at Morgan Stanley, who has written more about foreclosed homes as an investment opportunity than any other Wall Street analyst, is leaving his firm to start his own buy-to-rent housing fund. · Exclusive: Spy agency seeks cyber-ops curriculum
FORT MEADE, Maryland (Reuters) - The National Security Agency is trying to expand U.S. cyber expertise needed for secret intelligence operations against adversaries on computer networks through a new cyber-ops program at selected universities. · Court upholds $3.4 billion Native American deal
WASHINGTON (Reuters) - An appeals court on Tuesday upheld a $3.4 billion settlement of a class-action lawsuit over mismanagement of government trust funds for hundreds of thousands of Native Americans, ruling that it was fair, reasonable and adequate. · SEC head says Facebook IPO issues should be reviewed
WASHINGTON (Reuters) - The top securities regulator said on Tuesday that the problems surrounding Facebook's initial public offering should be reviewed, but those issues should not shake investor confidence in the markets. · SEC says probing JPMorgan's financial reporting
WASHINGTON (Reuters) - The head of the U.S. Securities and Exchange Commission told lawmakers on Tuesday that her agency is probing JPMorgan Chase and Co's financial reporting and emphasized that big banks are required to publicly disclose changes to the models they use to measure risk. · OECD fears euro woe to snap brittle world recovery
PARIS (Reuters) - The United States and Japan are leading a fragile developed world recovery that could be blown off course if Europe fails to contain the damage from its problem debtor states, the OECD said on Tuesday. · Rebels say Syria police kill two, U.N. monitors dispute
AMMAN (Reuters) - Syrian rebels said police had opened fire and killed two people on Tuesday when a crowd turned out to greet a team of U.N. ceasefire monitors in the eastern province of Deir al-Zor. |
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