| | | NEW YORK (Reuters) - Stocks bounced higher for a second consecutive session on Monday as investors were encouraged by the early atmosphere surrounding talks to tackle the nation's fiscal crunch. | | | | | | WHITE PLAINS, New York (Reuters) - Hostess Brands Inc agreed in court on Monday to enter private mediation with its lenders and leaders of a striking union to try to avert the liquidation of the maker of Twinkies snack cakes and Wonder Bread. | | | | | | | SAN FRANCISCO (Reuters) - Yahoo Inc shares reached their highest level in a year and a half, as investor confidence grows that new Chief Executive Marissa Mayer can pull off a comeback that eluded three of her predecessors. | | | | | | | (Reuters) - Lowe's Cos Inc's reported a higher-than-expected quarterly profit on Monday in a sign its efforts to cut costs and improve its selection of home improvement items are working. | | | | | | | WASHINGTON (Reuters) - Washington needs to rediscover its ability to compromise and commit to a long-term plan to reduce the nation's debt, the head of the country's second-largest stock exchange said on Monday, warning that lawmakers are flirting with disaster. | | | | | | | SAN FRANCISCO/NEW YORK (Reuters) - Intel Corp's Chief Executive Officer Paul Otellini will retire sooner than expected and the top chipmaker said it may name an outsider for the position for the first time to steer a difficult transition toward mobile computing. | | | | | | | NEW YORK (Reuters) - JPMorgan Chase & Co has named Marianne Lake, who is currently financial chief of the company's Consumer and Community Banking segment, to become the chief financial officer of the company. | | | | | NEW YORK (Reuters) - Fidelity Investments has hired a TD Ameritrade executive to head its brokerage division. | | | | | | NEW YORK (Reuters) - The Federal Reserve Bank of New York won the dismissal of former American International Group Inc Chief Executive Maurice "Hank" Greenberg's $25 billion lawsuit accusing it of unlawfully bailing out the insurer during the 2008 financial crisis. | | | | | | (Reuters) - Five U.S. banks have provided about $22 billion in mortgage relief to customers under a deal to settle borrowers' accusations over foreclosures, a report by the settlement's monitor said on Monday. | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | » MORE NEWSLETTERS | |
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