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Italy to vote on cuts, U.S. applies pressure (Reuters)

Reuters – Italy’s Senate is set to vote on Friday on austerity measures demanded by the European Union to avert a euro zone meltdown, after U.S. President Barack Obama ratcheted up pressure for more dramatic action.

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Italy to vote on cuts, U.S. applies pressure
(Reuters)

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Private equity takes two approaches to Yahoo: sources (Reuters)

Reuters – Private equity firms including KKR and TPG Capital are looking to potentially buy minority stakes of up to 20 percent in Yahoo Inc with an eye to eventually taking over the whole company, people with knowledge of the situation said.

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Private equity takes two approaches to Yahoo: sources
(Reuters)

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Bernanke keeps focus on jobs, warns on Europe (Reuters)

Reuters – Defending the Federal Reserve on the turf of his harshest critics, central bank chief Ben Bernanke said the Fed was “intently” focused on lowering unemployment and warned strains from Europe could trigger global economic shocks.

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Bernanke keeps focus on jobs, warns on Europe
(Reuters)