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Wall Street eyes 2nd week of gains on data, Europe hopes

NEW YORK (Reuters) – Stocks rose on Friday as better-than-expected retail sales further relieved fears of another recession while optimism kept growing that the euro zone was making progress on a solution to its debt crisis. Tech shares rallied after a blowout quarter from Google Inc , putting the S&P […]

U.S. rejects plan to strengthen IMF in euro zone crisis

PARIS (Reuters) – Proposals to double the size of the IMF as part of a broader international response to Europe’s debt crisis immediately ran into resistance from the United States and others, burying the idea for now and firmly putting the onus back on Europe. The outlines of the plan, […]

Investors to vote against Murdochs at News Corp meeting

LONDON (Reuters) – Rupert Murdoch’s multi-million dollar campaign to win back the hearts and minds of News Corporation’s independent investors suffered a new blow on Friday after another key shareholder group called for his eviction from its board. Hermes Equity Ownership Services (HEOS), the shareholder advisory service affiliated to Britain’s […]