IMF chief resigns, debate on successor heats up | May 19, 2011 08:52 AM ET | NEW YORK (Reuters) - Dominique Strauss-Kahn resigned as head of the IMF, saying he needs all his energy to fight charges that he sexually assaulted a hotel maid, prompting an immediate political tug-of-war over his job on Thursday. | Full Article | LinkedIn IPO prices at $45 per share, top of range | May 18, 2011 09:39 PM ET | NEW YORK (Reuters) - LinkedIn sold shares at the top of an already raised price range in its initial public offering on Wednesday, signaling that stock investors are eager to buy shares of social networking companies even if valuations are lofty. | Full Article | ECB issues Greek debt threat to stop restructuring | May 19, 2011 09:19 AM ET | BERLIN/FRANKFURT (Reuters) - The European Central Bank has raised the stakes in its bid to prevent a restructuring of Greek debt, telling euro zone governments it would refuse to accept Greek bonds as collateral in the event of such a move. | Full Article | | | BUSINESS NEWS | Glencore's record IPO makes muted debut | May 19, 2011 09:22 AM ET | LONDON (Reuters) - Commodities trader Glencore made a steady market debut on Thursday, with shares trading just above the widely expected launch price of 530 pence, giving it solid currency for potential acquisitions. | Full Article | Fed's Dudley: "Considerable way to go" in recovery | May 19, 2011 09:06 AM ET | NEW PALTZ, New York (Reuters) - The U.S. recovery is proceeding at a moderate pace, but the economy has "a considerable way to go" before it meets the Federal Reserve's dual mandate of full employment and price stability, a top Fed official said on Thursday. | Full Article | Oppenheimer cuts ratings on Staples, OfficeMax | May 19, 2011 08:41 AM ET | Bangalore (Reuters) - Oppenheimer & Co cut its rating on Staples Inc and OfficeMax Inc to "perform" from "outperform," saying sales trends for office supplies retailers appear unlikely to rebound any time soon. | Full Article | | | HEALTH NEWS | | | | RELATED VIDEO | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. | | Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. | | » MORE NEWSLETTERS | | ODDLY ENOUGH | | | |
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