 | | Good Morning Robert, | THU 13 May 2010 | | |
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May 13, 2010 08:05 AM ET
 | NEW YORK (Reuters) - S&P 500 index futures edged higher on Thursday, reversing an earlier decline, as investors were cheered by a big technology-sector acquisition and Portugal moved to stem its sovereign debt problems.
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May 13, 2010 07:53 AM ET
 | NEW YORK (Reuters) - The New York Attorney General's office is investigating whether eight banks misled ratings agencies about the quality of mortgage securities they were offering, a source familiar with the matter said.
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May 13, 2010 08:36 AM ET
 | WASHINGTON (Reuters) - The number of U.S. workers filing new applications for unemployment insurance fell slightly less than expected last week, government data showed on Thursday, while the number of people still drawing benefits unexpectedly rose.
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May 13, 2010 08:12 AM ET
 | BOSTON (Reuters) - Germany's SAP AG said it plans to buy smaller business software maker Sybase Inc for $5.8 billion, gaining technology that allows it to deliver accounting software and other programs to smartphones.
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May 13, 2010 08:08 AM ET
 | LONDON/NEW YORK (Reuters) - UK regulators have agreed in principle to Prudential Plc's $35.5 billion purchase of AIG's Asian life insurance unit, sources familiar with the situation said, and the British insurer hopes to price its bumper rights issue within days.
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May 13, 2010 08:35 AM ET
 | LISBON (Reuters) - Portuguese leaders agreed tough new austerity measures on Thursday, joining a coordinated euro zone push that has so far calmed the markets' worst fears of a Greek-style debt crisis spreading.
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May 13, 2010 08:34 AM ET
 | BOSTON (Reuters) - In the movie "Ironman 2," Larry Ellison makes a cameo appearance as a billionaire, playboy software magnate. It is a role he knows well. He is playing himself -- chief executive of Oracle Corp, one of Silicon Valley's most enduring, successful and flamboyant figures.
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May 13, 2010 07:54 AM ET
 | SHANGHAI (Reuters) - Ford Motor and its China venture partners, Mazda Motor Corp and Chongqing Changan Automobile Co, are seeking Chinese government approval to end their three-way tie up, two sources said on Thursday.
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May 13, 2010 08:34 AM ET
 | LONDON (Reuters) - British oil major BP said the oil spill in the Gulf of Mexico had cost it $450 million so far, an increase of $100 million on the figure reported earlier this week.
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May 13, 2010 06:39 AM ET
| HONG KONG (Reuters) - Former Lehman Brothers Asia executives, who headed the bank's structured products division and its syndicate business, have launched their maiden hedge fund investing in distressed structured credit assets, said the partners in the fund firm, Oracle Capital.
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S&P futures rise on Sybase deal
While the BP oil leak is heartbreaking, particularly with the ensuing deaths of 11 employees, one has to ponder if this was bound to happen. When I first read that I pondered how that could possibly be even a thought, but then I saw the evidence. In 2005 a Texas refinery exploded killing 15 people; in 2006 there was a pipeline spill in Alaska caused by corroded pipes that BP was totally aware of, now this. BP blames Transocean, who blame Halliburton, who turns around and blames BP. With BP's background they are an easy target, but who really should be to blame? Why point blame yet anyway, why not use all the energy possible to fix the problem then concern yourself with blame?
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