Reuters - NYSE Group Inc. on
Monday unveiled an 8 billion euro ($10.2 billion) stock and
cash offer for Euronext , trumping Deutsche Boerse's
proposal and taking a major step toward building the first
transatlantic stock exchange.
Reuters - The Federal Reserve may need to continue
raising interest rates depending upon how economic conditions
evolve in the United States, International Monetary Fund chief
Rodrigo Rato said on Monday.
Reuters - An investor group led by two
well-known Philadelphia-area executives could seal a deal this
week to buy the Philadelphia Inquirer and Daily News newspapers
for up to $600 million, a source close to the matter said on
Monday.
Reuters - Computer hard-drive maker Seagate
Technology on Monday said it planned to cut about 6,000
jobs as part of its just completed $1.9 billion acquisition of
rival Maxtor Corp.