NEW YORK (Reuters) - U.S. stocks fell on Monday as Europe's aid package for Spanish banks did little to alleviate investor concerns about the euro zone's finances and a slowdown in the wider global economy.
(Reuters) - The European debt crisis poses a "significant" threat to financial stability and could undermine progress made in recent years to strengthen the global financial system, a top Federal Reserve official said on Monday.
WASHINGTON (Reuters) - Americans suffered a record decline in wealth between 2007 and 2010 as home values tumbled, according to a Federal Reserve report on Monday that underscored the severity of the recent recession.
SAN FRANCISCO (Reuters) - Apple Inc took the wraps off its own mobile mapping service and made its enhanced Siri voice-search available for iPads as it rolled out souped-up software and hardware on Monday to help it wage war on Google Inc.
HOUSTON (Reuters) - Output at the biggest U.S. refinery could be cut by more than half for up to five months after Motiva Enterprise's failed to restart a major new crude unit at the Port Arthur, Texas, plant over the weekend, sources familiar with operations said on Monday.
(Reuters) - New York City's pension funds on Monday became the latest group to file a derivative lawsuit against Wal-Mart Stores Inc based on reported allegations of bribery in Mexico and a possible cover-up by Wal-Mart officials.
LONDON/NEW YORK (Reuters) - Private equity firm Apax Partners and technology investment firm JMI Equity agreed to pay about $1 billion cash for software group Paradigm, whose technology helps oil and gas companies analyze drilling prospects.
MADRID/BERLIN (Reuters) - Financial market euphoria over a European bailout for Spain's debt-stricken banks faded quickly on Monday as investors sounded the alarm over its impact on public debt and bondholders, and eyed the next risks in the euro zone's debt crisis.
(Reuters) - Credit rating upgrades can't come fast enough for U.S. railroads looking to slice hundreds of millions of dollars from borrowing costs to fund massive projects to upgrade the nation's freight network.