Swiss draw line in the sand to cap runaway franc | September 06, 2011 03:36 PM ET | ZURICH (Reuters) - The Swiss National Bank shocked markets on Tuesday by setting an exchange rate cap on the soaring franc to stave off a recession, discouraging investors anxious about flagging global growth from using the currency as a safe haven. | Full Article | Private equity giant Carlyle files for IPO | September 06, 2011 03:07 PM ET | NEW YORK/BANGALORE (Reuters) - Private equity company Carlyle Group filed for an IPO on Tuesday, a long-awaited move to catch up with rivals Blackstone, KKR and Apollo, but the volatility of global markets means an offering is unlikely until the first half of 2012. | Full Article | U.S. bank stocks slide on mortgage worries | September 06, 2011 04:23 PM ET | CHARLOTTE, North Carolina (Reuters) - JPMorgan Chase & Co and Bank of America led bank stocks lower on Tuesday after mortgage lawsuits filed late on Friday aggravated investor fears that the biggest banks could face massive legal liabilities. | Full Article | Groupon IPO on hold as SEC questions remain | September 06, 2011 04:36 PM ET | SAN FRANCISCO (Reuters) - Groupon is going to wait at least a couple of weeks before launching the final phase of its initial public offering because regulators still have questions for the daily deals website and the stock market is too volatile, a person familiar with the situation said on Tuesday. | Full Article | | | US TOP NEWS | Service sector picks up but jobs still a worry | September 06, 2011 02:46 PM ET | NEW YORK (Reuters) - The dominant services sector picked up steam unexpectedly last month, snapping a three-month streak of slower growth, though a slower pace of hiring underscored concerns about the broader job market. | Full Article | Libyan convoys in Niger, may be Gaddafi deal | September 06, 2011 04:30 PM ET | BENGHAZI, Libya/AGADEZ, Niger (Reuters) - Scores of Libyan army vehicles crossed the desert frontier into Niger in what may be a bid by Muammar Gaddafi to seek refuge in a friendly African state, military sources from France and Niger told Reuters on Tuesday. | 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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