Business Today: Wall Street flat after rally; Apple biggest company ever

	Click to View in Browser 08/20/2012 Wall Street flat after rally; Apple biggest company ever NEW YORK (Reuters) - Stocks were flat on Monday on signs of fatigue after a six-week run of gains as the European Central Bank quelled speculation about the form of market intervention that may be taken to stem the region's debt crisis. Apple becomes most valuable company of all time NEW YORK (Reuters) - Apple Inc became the most valuable public company of all time on Monday, after its market value climbed beyond $620 billion to surpass a milestone set by Microsoft Corp more than a decade ago. Jury convicts manager who testified at his own insider trial NEW YORK (Reuters) - A California hedge fund manager who testified in his own defense at his insider trading trial, was convicted on Monday of securities fraud and conspiracy charges by a federal jury. Best Buy names CEO; founder still eying company (Reuters) - U.S. electronics chain Best Buy Co Inc named Hubert Joly, the former head of hospitality and travel company Carlson, as its new chief executive on Monday, hoping to tap the French businessman's acumen in turning around ailing businesses. Aetna to buy Coventry in Medicare, Medicaid expansion CHICAGO (Reuters) - Health insurer Aetna Inc said on Monday that it would buy rival Coventry Health Care Inc for $5.6 billion to increase its share of the fast-growing, U.S. government-backed Medicare and Medicaid programs. GM to recall 249,260 midsize SUVs for fire hazard (Reuters) - General Motors Co will recall 249,260 midsize sport utility vehicles to correct a potential fire hazard, a U.S. government safety agency said. Honda begins production of new Accord in Ohio (Reuters) - The first mass-production version of the 2013 model year Honda Motor Co Accord sedan, fully made over and the most important new vehicle for Honda this year in the U.S. market, rolled off an Ohio assembly line on Monday, the company said. U.S. to clarify rules on oil, mining payments abroad (Reuters) - Two years of uncertainty for big U.S.-listed mining and energy companies will end on Wednesday when U.S. regulators finalize new rules on overseas operations, one set that will require the disclosure of payments to foreign governments while the other seeks to halt the flow of so-called "conflict minerals." U.S. court backs investor access to bank documents on Argentine assets NEW YORK (Reuters) - Argentina lost a bid on Monday to prevent bondholders from obtaining documents from two banks about the country's assets outside the United States. Greek exit manageable but not preferable: ECB's Asmussen BERLIN (Reuters) - A Greek exit from the euro zone would be manageable, European Central Bank policymaker Joerg Asmussen was quoted on Monday as saying, although he would prefer it if the crisis-stricken country remained within the single currency bloc. Related Video No end to mine crisis for Lonmin Tesco's virtual grocery store Economic News Consumer sentiment at three-month high in early August Obama says housing market is ticking back up 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 - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend