  | | | | | NEW YORK (Reuters) - Stocks took their cues from Europe's troubled debt markets on Tuesday, staging a comeback rally to end up more than 1 percent as Spanish bond yields came off euro-era record highs. | | | | | | WASHINGTON (Reuters) - The government posted a budget deficit of $125 billion in May, more than twice the level registered in the same month last year. | | | |  | | | | | WASHINGTON (Reuters) - Chesapeake Energy Corp's board of directors is close to a decision on who the U.S. oil and gas company's new independent chairman will be, a board member said on Tuesday. | | | | | | | NEW YORK (Reuters) - Verizon Wireless is undertaking a massive overhaul of its prices by raising fees for data services like mobile web surfing while offering unlimited calls and texts, as it aims to increase data revenue and protect its older business lines. | | | |  | | | | | NEW YORK (Reuters) - Nissan Motor Co and Renault expect "three to four more years of stagnation" in the European auto business, Carlos Ghosn, chief executive officer of both companies, said on Tuesday. | | | | | | | NEW YORK (Reuters) - ING Bank NV agreed to pay $619 million to settle U.S. government allegations that it violated U.S. sanctions against Cuba, Iran and other countries. It was the biggest ever fine against a bank for sanctions violations, officials said. | | | |  | | | | | (Reuters) - Morgan Stanley is "maniacally focused" on cutting costs apart from compensation and is on track to reduce expenses by $500 million this year, Chief Executive James Gorman said on Tuesday. | | | | | | | (Reuters) - Safeway Inc is launching under its own store brand five types of filtered coffee pods compatible with Keurig brewers, becoming the latest competitor to Green Mountain Coffee Roasters Inc , which makes the Keurig system and most of the single-serve drink portions that go with it. | | | | | | WASHINGTON (Reuters) - Lawyers for Wal-Mart Stores Inc have flagged Brazil, China, India and South Africa in addition to Mexico, as countries that represent the highest corruption risk in a global review, according to a letter from lawmakers investigating the company. | | | | | | MEXICO CITY (Reuters) - European powers must quickly finalize plans to support Spanish banks, which could mark an important step towards resolving the region's debt crisis, Mexican President Felipe Calderon said on Tuesday. | | | |  |  | | | 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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