Business News

• Warren Buffett eyes more newspapers: report May 24, 2012
  (Reuters) - Warren Buffett's Berkshire Hathaway Inc is eyeing more newspapers, according to a memo posted on Jim Romenesko's media website. http://bit.ly/JLNPkE […]
• Exclusive: Fidelity facing "thousands" hit by Facebook woes May 24, 2012
  BOSTON (Reuters) - Fidelity Investments said it was working with "thousands" of brokerage clients affected by trading issues that have engulfed Facebook Inc's much-anticipated initial public offering, according to a source familiar with the situation. […]
• Economy trudges along as others falter May 24, 2012
  WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits dipped last week and factory activity grew but at a slower pace in May, indicating the economy was plodding along despite growing headwinds from Europe. […]
• Eurozone governments ponder Greek exit contingency May 24, 2012
  ROME/HELSINKI (Reuters) - At least half of euro zone governments as well as banks and large companies are making contingency plans in case Greece decides to leave the single currency area, even though the preferred option is still for Athens to keep the euro. […]
• Dow says wins $2.16 billion in Kuwait arbitration May 24, 2012
  (Reuters) - An arbitrator ruled Kuwait's state-run chemical company must pay Dow Chemical Co $2.16 billion for wrongly canceling a planned plastics joint venture in 2008, Dow said on Thursday. […]
• Four men, five weeks - a plan for Europe's future May 24, 2012
  BRUSSELS (Reuters) - European Union leaders have given the bloc's four most powerful officials a little over a month to come up with a clearer template for euro zone integration, a pitch to persuade voters and markets that the euro has staying power. […]
• Moody's restates French AAA, negative outlook May 24, 2012
  PARIS (Reuters) - Moody's restated its negative outlook on France's top-notch credit rating on Thursday, saying after Francois Hollande's May 6 presidential election win that it needed more time to assess how France will manage its public finances in a time of anemic growth. […]
• Wall Street little changed on euro zone worries, data May 24, 2012
  NEW YORK (Reuters) - Stocks were little changed on Thursday in volatile trading as ongoing concerns about Greece's possible exit from the euro zone and tepid data on the economy gave investors little reason to take risk. […]
• UK minister leaked information in Sky deal: News Corp May 24, 2012
  LONDON (Reuters) - The UK minister in charge of approving News Corp's bid for BSkyB passed on information about the process to Murdoch's media empire through his aide, a News Corp lobbyist insisted, brushing off denials by the government. […]
• Analysts back Hewlett Packard's layoff plans May 24, 2012
  (Reuters) - Analysts said Hewlett Packard Co's plan to cut jobs was a step in the right direction but the PC maker will have to do more to regain investors' confidence. […]