Just what is the UK's problem with Europe? After more than four decades of (mostly) happy marriage, the U.K. is approaching an in-out vote on its membership of the 28-country European Union.
| By: Catherine Boyle
Dow's worst May day Dissecting the day's major business news, with the "Fast Money" traders.
FOREX-U.S. data drive dollar gains of over 1 percent *Euro falls below $1.09, Greek concerns growing. The dollar climbed to its highest in nearly eight years against the Japanese yen and pushed the euro, already weighed down by anxieties over Greece's financial crisis, below $1.09 for the first time in a month. Against the yen, the dollar broke through longer-term resistance and topped 123 yen to a high of 123.32 yen, a...
| By: Michael Connor
No more closet indexing, time to get active As the S&P 500 clings to a 2 percent gain for the year, many Wall Street strategists agree: Mimicking the benchmark is not going to cut it anymore.
| By: John Melloy
UPDATE 2-Danish government pledges billions in spending, fueling election talk COPENHAGEN, May 26- Danish Prime Minister Helle Thorning-Schmidt on Tuesday promised a spending package worth the equivalent of $5.7 billion and declared the economic crisis over, fueling speculation she is about to call a national election. The bullish announcements came just 6 months year after Denmark had to halve its 2014 growth outlook as its...
| By: Erik Matzen and Teis Jensen
INTERVIEW-Bavarian Nordic not for sale after big pharma deals COPENHAGEN, May 26- Bavarian Nordic is hot property after striking two big vaccine deals but the small Danish company is not for sale, despite a wave of consolidation in the healthcare industry, its chief told Reuters. Boosting the immune system is now a top priority for cancer drug companies such as Bristol-Myers, Merck, Roche and AstraZeneca, fuelling renewed...
| By: Sabina Zawadzki
Charter CEO: Deal very different from TWC/Comcast Discussing plans to buy Time Warner Cable, president and CEO of Charter Communications Tom Rutledge says this deal is very different from the previously proposed one with Comcast. Rutledge says the company will still be relatively small committed to growth and expansion.
Publishing world gathers this week for book conventions NEW YORK- Diversity will get an extra push at this week's BookCon and BookExpo America. BookCon's selection of four white, male authors for a discussion of children's books helped lead to the formation of the grassroots advocacy group We Need Diverse Books and the hasty assembly of the panel "The World Agrees: We Need Diverse Books." "They've heavily invested...
Source: The Associated Press
| By: By HILLEL ITALIE, AP National Writer