Volcker Exemption For Sovereign Debt Said to be Weighed by U.S. Regulators - Bloomberg

U.S. banking regulators are exploring whether they can exempt sovereign debt from the Dodd-Frank ban on proprietary trading after foreign governments complained that the rule […]

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United Continental posts $138M 4Q loss

The parent company of United and Continental airlines says it lost $138 million in the fourth quarter because of the costs of integrating the two […]

Report: STL jobs recovery still 2+ years away

It will take another two or three years for the St. Louis area to gain back the jobs it lost in the recession, and the […]

Monti seeks more EU support ahead of Merkel talks

Italy’s Premier Mario Monti has warned that his country needs to see more concrete support from the European Union and Germany in return for the […]

Oil price spike from Iran sanctions seems unlikely

Despite the uptick in oil prices thanks to Iran’s threats last week, experts don’t foresee a major oil price spike even as evidence mounts […]

NLRB could be shut down in new year

The National Labor Relations Board — a top target of Republicans and business critics of the Obama administration — could be sidelined early next […]

Libyan official: Gadhafi hiding in southern desert

An official on Libya’s governing council said Monday that he believes Moammar Gadhafi is hiding in the southwestern desert near the borders with Niger and […]

Truman Bank director quits, accuses offcial of meddling

A Truman Bank director’s resignation letter made public Tuesday accuses a top official of meddling and urges that a court-appointed receiver take over the bank’s […]

SABMiller to buy Foster’s in global brewery deal

Brewer SABMiller reached an agreement to buy Foster’s for $10.15 billion, ending a four-month-long hostile takeover battle.
SABMiller’s acquisition of Foster’s will be the biggest takeover […]

Colfax to buy Charter Intl in $2.4 B deal

Pump and valve maker Colfax Corp. says it will buy Irish engineering businesses owner Charter International PLC in a cash-and-stock deal valued at $2.4 billion.
Colfax, […]