• Thursday, September 02nd, 2010
Burger King agrees to $3.3 billion sale to 3G Capital
LOS ANGELES (Reuters) – Burger King Holdings Inc agreed to sell itself to investment firm 3G Capital for $3.26 billion, giving the No. 2 U.S. fast-food chain breathing room to fix its business and close the gap with leader McDonald’s Corp.


Apple and Google to clash in music space by Christmas
NEW YORK (Reuters) – Google Inc is in talks with music labels on plans for a download store and a digital song locker that would allow its mobile users to play songs wherever they are as it steps up its rivalry with Apple Inc, according to people familiar with the matter.


Heavy in dollars, China warns of depreciation
BEIJING (Reuters) – China on Friday offered a rare glimpse into its foreign exchange reserves, confirming that they are overwhelmingly allocated in dollars, while a central banker said the mountain of cash could face depreciation risks.


Robert Powell: Health law’s retiree perk won’t last long
If you are among the estimated 1.3 million retirees too young to qualify for Medicare but fortunate enough to have employer-sponsored health care coverage, count your blessings. The next two years could bring a bit of a windfall.


Stocks rise on economic hopes ahead of payrolls
NEW YORK (Reuters) – Stocks rose on low volume on Thursday as data showed improvement in housing and the job market a day ahead of the critical monthly payrolls figures.


Realty Q&A: Don’t tap retirement fund to pay off mortgage
In this week’s Realty Q&A, a retiree says his only debt is his $94,000 mortgage, and he wonders whether he should tap his 401(k) to pay off that bill. Lew Sichelman offers some advice.


Earnings Watch: Updates, advisories and surprises
A roundup of the latest corporate earnings reports and what companies are saying about future quarters.


Corrections: AIG falls amid reports of Hong Kong AIA listing
A MarketWatch report late Thursday misstated the timing of AIG share losses, which occurred in after-hours trading.


China approached Canadian fund on rival Potash bid
MELBOURNE/TORONTO (Reuters) – Chinese and other investors have approached at least one big Canadian pension manager about a bid for Canada’s Potash Corp to rival BHP Billiton’s $39 billion hostile offer.


Caixin Online: Chinese funds lose big in first half of 2010
China-based funds lose a total of $64.6 billion in the first half of this year, although they also collect more in management fees, reports Caixin Online.

