EU slams ratings agencies after Portugal downgraded STRASBOURG, France/BERLIN (Reuters) – European politicians accused credit rating agencies on Wednesday of anti-European bias after Moody’s downgrade of Portugal’s debt to “junk” cast new doubt on EU efforts to rescue distressed euro zone states without debt restructuring. Read more on Reuters via Yahoo! News
Oil prices steady after plunging on IEA reserves draw World oil prices steadied on Friday after plunging one day earlier when the International Energy Agency decided to tap emergency crude reserves to make up for lost Libyan supplies.New York’s main contract, … Read more on Yahoo!7 Finance
The Morning Fix: Is there life after Oprah? ‘Pirates’ sails abroad, sinks here. ‘Tree of Life’ wins at Cannes. After the coffee. Before filing upfront expense reports. The Skinny: Saw “Bridesmaids” on Saturday and can give it a thumbs up. Didn’t see the latest “Pirates of the Caribbean,” and I can give that move a [...]
BP Agrees to Pay $1 Billion for Restoration After Oil Spill BP Plc agreed to pay $1 billion to restore areas damaged by its oil spill, which spewed 4.9 million barrels of crude into the Gulf of Mexico for three months last year. Read more on BusinessWeek
SGX steps out after ASX merger blocked THE Singapore stock exchange said it would seek growth opportunities elsewhere after Canberra rejected a proposed merger with the Australian bourse. Read more on Perth Now
New Palmyra football coach ‘fired up’ after earning chance to coach his alma mater PALMYRA, Mo. — When Kevin Miles joined former Palmya football coach Fred Bouchard’s staff 15 years ago, he had bigger goals in mind. Read more on Quincy Herald-Whig
U.S. stock futures add to slight gains after data NEW YORK (MarketWatch) — U.S. stock futures added a sliver to already mild gains on Monday after economic data had personal income rising 0.3% and consumer spending up 0.7%. Up about 5 points before the data, futures for the Dow Jones Industrial Average were up 15 [...]
AOL Shutters 30 Brands After Huffington Post Merger [REPORT ] AOL is planning to shutter about 30 of its online media brands, according to multiple reports. Read more on Mashable via Yahoo! News
Japan Stock Futures Rise on Low Valuations After Selloff; Australia Climbs Japanese stock futures rose on speculation yesterday’s record selloff that drove valuations to a 28-month low was excessive. Australian shares climbed. Read more on Bloomberg
Dog’s life changes after being ‘dead’ A STRAY dog who survived an attempt to put him to sleep at an animal shelter has become a canine celebrity. Read more on Herald Sun
