[at MarketWatch] – Mention Old Europe and you ll probably think of small, cobblestone streets, old buildings, wonderful museums — and stagnant economies, writes Howard Gold.
[Reuters] – Japanese Finance Minister Yoshihiko Noda said on Saturday Tokyo would take decisive steps to stem the yen s rise when needed, while suggesting that coordinated currency market intervention was a difficult option.
[at Financial Times] – Wendi Murdoch, née Deng, reveals quite a lot of herself, her family and friends on her Chinese MySpace page, displaying photos of travels from the Greek islands to bikini-clad days on the Galápagos, her 40th birthday, plus other big occasions – the Ivanka Trump wedding and get-togethers in China with Tony and Cherie Blair.
[at Financial Times] – Making the summer last a little longer, the French employers body, the Medef in Paris drew a seriously tanned crowd at its summer school, including Axa Private Equity chief Dominique Senequier.
HOUSTON (Reuters) – BP Plc removed a failed blowout preventer from atop its ruptured Gulf of Mexico oil well on Friday afternoon, a company spokesman said.
WILMINGTON, Del./SAN FRANCISCO (Reuters) – Hipster brand American Apparel Inc is in talks to bring in an outside restructuring firm as the manufacturer and retailer struggles to fix its flagging operations, sources told Reuters on Friday.
NEW YORK (Reuters) – Investors in Gabriel Capital LP, a so-called feeder fund that funneled money to imprisoned swindler Bernard Madoff, were awarded $12.74 million by a panel of three arbitrators, court records show.
[at The Wall Street Journal] – Stocks Start Month on Good Note European stocks rallied in the wake of better-than-expected U.S. employment data, bringing a strong start to September, while Japanese shares ended the week with three straight winning sessions.
[at The Wall Street Journal] – Caterpillar, IBM Lead Gains Stocks climbed, with J.P. Morgan Chase, Caterpillar and IBM leading the charge as a better-than-expected jobs report for August helped the market snap a three-week losing streak.
[at The Wall Street Journal] – Small Stocks Extend Streak The Russell 2000 rose 4.31% for the week, extending its three-week streak of gains for the longest run since the five-week period that ended April 23. Take-Two Interactive was up 7.3%.
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