Consolidation of European banks is not yet at an end, and Germany's sector with its many small banks will have to change, the co-chief executive of Deutsche Bank told a German newspaper.
Argentina is urging a U.S. appeals court to reverse an order requiring the country to pay $1.
Daimler Chief Executive Dieter Zetsche hopes to return the automaker to the top spot in the premium car market ahead of Audi and BMW by 2020, he said in an interview with a German paper.
The Tribune Co, owner of the Los Angeles Times and the Chicago Tribune, will emerge from bankruptcy on December 31, sources said on Friday, ending four years of Chapter 11 protection and setting the stage for the new company to sell off its newspapers to focus on the WGN cable channel and other TV assets.
Investors fearing a stock market plunge - if the United States tumbles off the "fiscal cliff" next week - may want to relax.
On 12/13 when the S&P 500 (^GSPC) was trading at 1430 we were focused on important contrarian signals that were giving warning signs (Read more in my article "3 Contrarian Signals Flashing Red Alert.").  The prevailing theme of the three signals was the marketplace was complacent and ripe for a selloff, or worse, a rogue wave and a great time to buy portfolio insurance was
Investors fearing a stock market plunge if the U.S. tumbles off the "fiscal cliff" next week may want to relax.
Vanguard, the largest U.S. mutual fund provider, has reduced the annual expense ratios on 22 ETFs.

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