TOKYO: Asian stocks rose on Monday, following fresh gains on Wall Street, while the euro wallowed near 28-month lows versus the dollar on nervousness before a vote in the Greek parliament that could result in snap elections.
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.