Stocks inch higher in early trading on fresh deals

Tweet NEW YORK (AP) — Stocks inched higher in early trading Monday after a fresh round of mergers and acquisitions…. View post: Stocks inch higher in early trading on fresh deals  Read More →

McDonald’s key sales figure rises in February

Tweet OAK BROOK, Ill. See original here: McDonald’s key sales figure rises in February  Read More →

Showdown over Six Flags begins in bankruptcy court

Tweet WILMINGTON, Delaware (Reuters) – Warring creditors of Six Flags Inc take their battle for the theme park operator before a bankruptcy judge on Monday, with the outcome likely hanging on how much debt the company can afford. See the original post: Showdown over Six Flags begins in bankruptcy court  Read More →

EU considers own crisis fund

Tweet BRUSSELS (AP) — The European Union plans to create a European Monetary Fund to better coordinate the economies of the 16 countries that use the euro and prevent financial debacles such as the Greek debt crisis from undermining the credibility of Europe’s single currency…. See original here: EU considers own crisis fund  Read More →

Oil maintains momentum to rise to near $82

Tweet Oil prices headed higher toward $82 a barrel Monday, extending gains from last week amid signs the global economy may be improving…. More here: Oil maintains momentum to rise to near $82  Read More →

Dubai World deal hope lifts markets, divides creditors

Tweet DUBAI (Reuters) – Hopes of progress this week on Dubai World $26 billion debt restructuring lifted stocks and eased fears of default but potential divisions emerged among creditors to the state-owned conglomerate. More here: Dubai World deal hope lifts markets, divides creditors  Read More →

Portugal uses privatizations to drive down debt

Tweet LISBON, Portugal (AP) — Portugal announced new austerity measures Monday to avoid a debt crisis like the one engulfing Greece, cutting welfare benefits and government hiring as well as selling assets and raising taxes on the well-off…. More: Portugal uses privatizations to drive down debt  Read More →

McDonald’s February same-store sales up 4.8 percent

Tweet NEW YORK (Reuters) – McDonald’s Corp reported a 4.8 percent rise in February sales at established restaurants as strong overseas results offset softness in the United States, sending its shares up 1 percent. View original post here: McDonald’s February same-store sales up 4.8 percent  Read More →

EU considers its own crisis fund

Tweet BRUSSELS (AP) — The European Commission is discussing the idea of creating a European Monetary Fund with the 16 countries that use the euro…. See original here: EU considers its own crisis fund  Read More →

Roche suspends arthritis drug study after deaths

Tweet BASEL, Switzerland (AP) — Swiss pharmaceutical company Roche Group said Monday it has suspended a late-stage trial for a new rheumatoid arthritis and lupus drug after several patients died from infections…. See the rest here: Roche suspends arthritis drug study after deaths  Read More →