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Obama: Bernanke Term is 'Longer Than He Wanted'
President Barack Obama said Federal Reserve Chairman Ben S. Bernanke has stayed in his post �longer than he wanted,� one of the clearest signals the central bank chief will leave when his current term expires next year.
Dollar Rises Slightly Vs Yen As Investors Speculate Over Fed Policy  Wall Street Journal
FOREX-Dollar hovers above 2-month low vs yen; Aussie down on RBA  Reuters
Economic Times   Related articles »  
UPDATE 1-Shanghai rebar hits near 3-wk top, raw material costs rise
Mon Jun 17, 2013 1:01pm IST. * Shanghai rebar futures jump on rising iron ore. * Steel demand to be curbed by cooling China growth, overcapacity.
China May Home Prices Rise as Major Cities Post Record Gains  Bloomberg
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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Third Point ups Sony stake, calls for independent entertainment board
TOKYO | Tue Jun 18, 2013 2:11am EDT. TOKYO (Reuters) - New York-based hedge fund Third Point said it has raised its stake in Sony Corp and urged the Japanese company to create an independent board to run a partially spun-off entertainment arm with ...
Third Point's Dan Loeb steps up pressure on Sony  Financial Times
Loeb Raises His Sony Stake, Drive for Entertainment IPO  Wall Street Journal
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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.
Setback for Pacts That Delay Sale of Generics  Wall Street Journal
Supreme Court Tells FTC And Drug Industry To Go To War  Forbes
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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
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Abenomics for Women Undermined by Men Dominating in Japan
Japanese Prime Minister Shinzo Abe has vowed to elevate the role of women in the world's third-largest economy. He might start with his own party.
Japan says G8 stance is sign of approval for 'Abenomics'  Reuters
Japan Fin Min Aso: Support BOJ's Decision to Stand Pat After Aggressive ...  Wall Street Journal
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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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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 Pressed to Carve Itself Up  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. McDonald's franchise sued over payroll cards  KASA
McD's Worker's Choice: Use Debit Card or No Pay  Newser
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