Adelson Cashes In on Turnaround at Sands
A financial turnaround at Las Vegas Sands Corp. is beginning to pay off for chairman and CEO Sheldon Adelson, who during the financial crisis put $1 billion of his own money into the struggling casino operator.
U.S. Futures Ease
U.S. stock futures slipped as concerns over political gridlock in Greece over austerity measures prompted investors to consolidate some of last week's sharp gains.
Nabors Ex-CEO Waives Right to $100 Million
Nabors said its former Chief Executive Eugene Isenberg agreed to terminate his employment pact and will waive his claim to a $100 million payment.
China Bans Airlines From Paying EU Emissions Fees
China said it prohibited its airlines from paying for carbon emissions under the European Union's system to limit greenhouse emissions, in an escalation of Beijing's opposition to the plan.
Mining Deals to Pile Up
A Glencore-Xstrata merger would create a true rival to global mining heavyweights like Vale, Rio Tinto and BHP Billiton, as well as put pressure on midsize players to either team up or grow through acquisitions.
Profits Showing Weakness
U.S. corporate profits are showing signs of flagging, even as share prices reach multiyear highs. Margins are slipping as already-lean firms find it harder to continue cutting costs.
Citigroup to Issue China Credit Cards
Citigroup plans to issue credit cards on its own in China, as it looks to capitalize on the country's consumption power and expand in the world's second-largest economy.
Itchy Investors Ramp Up the Risk
With interest rates likely stuck near zero for nearly three more years, conservative investors face a tough choice: move into riskier investments or continue coming up short from low-risk investments.
Stats on Corn Called Flaky
Farmers and analysts are expressing fresh skepticism about Agriculture Department data on the corn market in the wake of the latest figures, which stunned traders and sent prices on another wild ride.
J.P. Morgan Banker Tapped for FDIC
The White House plans to nominate former Bush administration official Jeremiah Norton to the Federal Deposit Insurance Corp., a key banking regulator.
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