Photo. Susan M. Cameron rejoined Reynolds American as chief executive in May.Credit Chris Keane/Reuters. Related Links. Reynolds in Talks to Acquire Lorillard in Merger of Tobacco Rivals.
The U.S. government ran a monthly budget surplus in June, putting it on course to record the lowest annual deficit since 2008. The Treasury Department said Friday that its June surplus totaled $71 billion, following a $130 billion deficit in May.
U.S. stocks fluctuated, with the Standard & Poor's 500 Index headed for its worst week since April, as investors weighed the potential impact of financial stress in Europe amid corporate earnings.
Federico Buenrostro Jr., former chief executive officer of the California Public Employees' Retirement System, or CalPERS, pleaded guilty to federal conspiracy charges Friday resulting from an influence-peddling and fraud case.
(Adds details, updates prices). By Caroline Valetkevitch. NEW YORK, July 11 (Reuters) - Major global equities markets steadied and the yen stabilized against the U.S.