Why my Visa Statement Will Show a Charge for One Pony
When it comes to making our kids happy, it can be easy for parents to overspend.
Brazil Court to Hear Case Involving Petrobras Minority Holders Tuesday
A Brazilian appeals court will hear arguments Tuesday in a 20-year-old case involving a more than $2 billion payment to minority shareholders of Petrobras Quimica S.A., or Petroquisa, the now defunct petrochemicals unit of state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras.
U.S. GAS: Futures Drop as Isaac Aims East of Gulf Production
Natural gas futures tumbled 3.6% Friday as high supplies and waning fears about Tropical Storm Isaac sent prices to a nearly two-month low.
Merrill Submits $40 Million Class-Action Settlement With Ex-Brokers
Merrill Lynch presented a proposed class-action settlement Friday that envisions paying about $40 million to some 1,500 of the company's former brokers.
Oil Settles Modestly Lower; Natural Gas Off 3.6%
Crude-oil futures ended modestly lower on Friday, but gains earlier in the week guaranteed an advance of 0.1% for the five-day period.
Canada International Reserves Up $523 Million in Week Ended Aug 23
Canada's official international reserves rose $523 million in the week ended Aug. 23, the Bank of Canada reported on its website.
Brazil Cruzeiro do Sul Creditors Still Reluctant On Tender Offer
Financial institutions coordinating a tender offer to buy back bonds originally sold by distressed Brazilian bank Cruzeiro do Sul (CZRS4.BR) expect some, but likely not a majority, of bondholders to accept the offer by the early tender date of Aug. 28, said a person familiar with the transaction.
US EQUITIES WEEK AHEAD: Luxury Retail Earnings; August Same-Store Sales
In a light week ahead for corporate earnings, reports from jewelers Tiffany & Co. (TIF) and Zale Corp. (ZLC) and watchmaker Movado Group Inc. (MOV) will shed light on the state of luxury spending amid an uncertain global economic environment.
Isaac Heads Toward Haiti, Dominican Republic
Tropical Storm Isaac was about 135 miles south-southeast of Port-au-Prince, Haiti, and about 160 miles southwest of Santo Domingo in the Dominican Republic, with maximum sustained winds of nearly 60 miles per hour, the National Hurricane Center said Friday.
TECH STOCKS: Amazon Hits All-time High, Autodesk Plunges
Shares of Amazon.com hit an all-time high Friday as the company unveiled an expanded deal with NBC Universal and as speculation about a new tablet continued.