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Clock ticks on Greece’s bailout deadline (Reuters)

Reuters – Greek Prime Minister Lucas Papademos faces a critical task of convincing international lenders and political party leaders on Sunday to agree to the stringent terms of a 130 billion euro ($171 billion) rescue plan to stave off looming default.

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Clock ticks on Greece’s bailout deadline
(Reuters)

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Eurogroup’s Juncker warns of possible Greece default (Reuters)

Reuters – The possibility of a sovereign default by Greece cannot be ruled out, Jean-Claude Juncker, head of the Eurogroup of finance ministers from the single currency zone, said in a German magazine on Saturday.

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Eurogroup’s Juncker warns of possible Greece default
(Reuters)

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Canon’s president steps down as earnings outlook falters (Reuters)

Reuters – Canon Inc said on Monday its president Tsuneji Uchida would step down and his role would be taken on by chairman and chief executive Fujio Mitarai after the camera and printer maker forecast

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Canon’s president steps down as earnings outlook falters
(Reuters)

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Philips CEO warns H1 2012 "won’t be easy" (Reuters)

Reuters – Dutch Electronics giant Philips will book further, unspecified, restructuring charges in the first half of 2012, Chief Executive Officer Frans van Houten said on Monday.

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Philips CEO warns H1 2012 "won’t be easy"
(Reuters)

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EU leaders to agree on permanent bailout fund (Reuters)

Reuters – EU leaders will sign off on a permanent rescue fund for the euro zone at a summit on Monday and are expected to agree on a balanced budget rule in national legislation, with unresolved problems in Greece casting a shadow on the discussions.

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EU leaders to agree on permanent bailout fund
(Reuters)

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Small business hiring slows, wages dip in January (Reuters)

Reuters – Small business payrolls grew at a slower rate in January and wages fell, an independent survey showed on Monday, suggesting the pace of overall job growth moderated after December’s sturdy gain.

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Small business hiring slows, wages dip in January
(Reuters)

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Rep. Barney Frank mourns ex-Boston Mayor White (AP)

AP – Retiring Rep. Barney Frank says former Mayor Kevin White was a political pioneer who opened up the Boston political system to African-Americans, women and gays, and pushed Frank to abandon plans to pursue an academic career and get into politics.

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Rep. Barney Frank mourns ex-Boston Mayor White
(AP)

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Greece, creditors on verge of clinching debt deal (Reuters)

Reuters – Greece and its private creditors said on Saturday they were piecing together the final elements of a debt swap and expected to have a deal ready next week, essential for sealing a new bailout and avoiding an uncontrolled default.

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Greece, creditors on verge of clinching debt deal
(Reuters)

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Goldman executives get access to restricted stock (Reuters)

Reuters – Top Goldman Sachs Group Inc executives received previously restricted stock awards that are now worth $47.7 million, according to regulatory filings, though the executives are still limited in selling most of their Goldman stock.

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Goldman executives get access to restricted stock
(Reuters)

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EU, IMF press Greece on reforms before aid flows (Reuters)

Reuters – The European Union and IMF want Greece to push through more budget cuts and implement a series of long-agreed austerity reforms before they agree on a new bailout the country needs to avert bankruptcy, a report obtained by Reuters shows.

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EU, IMF press Greece on reforms before aid flows
(Reuters)

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