Financial outlook brightens, analysts say

WASHINGTON

UK government selling Northern Rock

The British government has agreed to sell mortgage lender Northern Rock, the nation’s first victim of the credit crisis, to Virgin Money.
The Treasury said Thursday […]

PepsiCo swaps China bottling ops for Tingyi stake

PepsiCo has agreed to swap its holdings in its mainland China bottling operations for a stake in the beverage business of noodle maker Tingyi Holding […]

Deeper flaws in euro will take years to fix

Markets want European leaders to find a convincing way to ease the eurozone debt crisis by the middle of the week.
Fixes for the deeper problems […]

UK’s Hague in Libya says Gadhafi must be captured

Britain’s foreign secretary called Monday on African countries to turn over wanted senior members of Moammar Gadhafi’s regime found on their territory, saying it was […]

Generation Y turns away from stocks despite long-run benefit

Aaron Lifter has a clear goal in mind when it comes to investing. He keeps a little more than half of his portfolio in stocks. […]

New fighting breaks out in Libyan capital

A gunbattle erupted between revolutionary forces and Moammar Gadhafi supporters Friday in the heart of the Libyan capital for the first time since the longtime […]

WSJ accused of unorthodox boost to circulation

The Guardian newspaper reported Wednesday that it had seen emails and documents showing that The Wall Street Journal funneled money through third parties to a […]

Greek debt haircut seen exceeding 60 percent

Greece’s bondholders may have to settle for a cut of more than 60 percent in what Athens owes them, the head of the eurozone’s finance […]

Apple co-founder Wozniak says he’ll miss Jobs

Steve Wozniak, who started Apple in a Silicon Valley garage with Steve Jobs in 1976, said he’ll miss his fellow co-founder “as much as everyone.”
“We’ve […]