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FOREX-Dollar hovers above 2-month low vs yen; Aussie down on RBA
Tue Jun 18, 2013 1:59am EDT. * Market nervous ahead of Fed signals on stimulus. * Dollar/yen outlook tied to stocks, rather than U.S.
Obama: Bernanke Term is 'Longer Than He Wanted'  Bloomberg
Australia dollar down on rate view; U.S. dollar up  MarketWatch
Economic Times   Related articles »  
China Home-Price Gains Add to Dilemma on Cash Crunch: Economy
Chinese property prices rose at the fastest pace in more than two years in major cities, defying tougher government curbs and constraining the ability of policy makers to ease credit in response to weakening economic growth.
China May home prices rise at fastest pace this year  Reuters
China May home prices rise 6% y/y: Reuters calculation  Business Times (subscription)
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UPDATE 1-NY manufacturing growth picks up in June, details weak
Mon Jun 17, 2013 6:22pm IST. NEW YORK, June 17 (Reuters) - Growth in the New York state manufacturing sector picked back up in June, but the details were less encouraging as new orders and employment fell to their lowest levels in five months, a report ...
NY Fed Manufacturing Index Improved in June  Wall Street Journal
US June Empire State Manufacturing Index (Text)  Bloomberg
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UPDATE 3-US top court says FTC can sue over deals that delay generic drug ...
Mon Jun 17, 2013 11:50pm IST. * Most drug settlements may still be allowed. * Companies' share prices steady on Monday. By Lawrence Hurley and Diane Bartz.
High court rules 'pay-for-delay' drug deals can face antitrust suits  Los Angeles Times
Setback for Pacts That Delay Sale of Generics  Wall Street Journal
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Third Point's Dan Loeb steps up pressure on Sony
Daniel Loeb, the US hedge fund manager who is urging Sony to spin off its film and music arm, has stepped up pressure on the Japanese group on the day of its annual shareholders' meeting by revealing that he has increased his already top-ranking ...
Third Point Boosts Sony Stake as Daniel Loeb Seeks Talks  Bloomberg
Third Point Lifts Sony Stake, Urges Spin Off  CNBC.com
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Airlines' performance improves, lags other industries: US poll
By Chris Michaud. Tue Jun 18, 2013 1:16am EDT. (Reuters) - U.S. consumers are more satisfied with airlines in recent years but the industry still gets relatively low marks, mainly due to the onboard experience, according to a new customer poll released on ...
US Airlines Get Higher Marks From Fliers  Wall Street Journal
Annual report finds improved customer satisfaction for airlines  Fox11online.com
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Reduced pension payouts, worker concessions a tough sell for Detroit's ...
Emergency Manager Kevyn Orr and Detroit's union leaders and pension fund representatives are gearing up to meet Thursday in what some experts said could be a pivotal turning point in efforts to keep Michigan's largest city out of bankruptcy.
UPDATE 3-Detroit default, restructuring plan break new ground -Moody's  Reuters
In Embattled Detroit, No Talk of Sharing Pain  New York Times (blog)
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Japan says G8 stance is sign of approval for 'Abenomics'
By Stanley White. TOKYO | Mon Jun 17, 2013 11:35pm EDT. TOKYO (Reuters) - Japanese cabinet ministers welcomed the Group of Eight summit's stance on Tokyo's sweeping stimulus policies as a vote of confidence in the government's strategy to end 15 ...
Japan expects Russian foreign minister to visit this fall  The Japan Daily Press
Top Russian diplomat to visit Japan in fall  The Japan Times
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Starboard's battle with Smithfield over China-deal adds to activist image
By Nadia Damouni and Olivia Oran. NEW YORK, June 17 | Tue Jun 18, 2013 5:26am IST. NEW YORK, June 17 (Reuters) - Since Starboard Value LP was spun off as a separate hedge fund just over two years ago it has been fast gaining a reputation for ...
Smithfield to Review Letter From Starboard  Wall Street Journal
Smithfield Aims To Stick With Sale After Shareholder Says Breakup Is Better  Forbes
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McDonald's Sued Over Debit Cards
A former McDonald's worker in Pennsylvania is suing a franchiser owner saying she was required to receive her wages through a debit card that charged fees, resulting in some hourly employees receiving less than minimum wage.
Pa. woman sues McDonald's store owners over prepaid debit card used for ...  New York Daily News
Ex-McDonald's Worker Sues After Allegedly Getting Paid With A Prepaid...  Business Insider
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