BEIJING - Asian stocks were mostly higher Monday after a report China will change banking rules in an apparent effort to boost lending and economic growth as oil prices rebounded.
When the Vermont Yankee nuclear plant shuts down permanently Tuesday, after 42 years of operation, it will mark more than the loss of a 640-megawatt electricity generating station.
1. Minnesota family acquires majority control of Polaroid. Minnesota's Pohlad family has acquired majority ownership of Polaroid in a $70 million deal.
Japan's $29 billion fiscal stimulus includes spending vouchers and coupons for consumers, welfare checks for low-income families with small children and heating-oil subsidies.
Lion Capital, the hedge fund that formerly backed American Apparel Inc. (APP:US), urged the clothing chain to consider strategic alternatives such as a sale of the company, a person with knowledge of the matter said.