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 | | | | Good Morning Aron, | WED 12 May 2010 | | | | |  | | | | | | |  | | | 
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| | May 12, 2010 07:58 AM ET
 | NEW YORK (Reuters) - U.S. stock index futures rose on Wednesday as Spain said it would take wide austerity measures, further easing jitters over euro-zone sovereign debt woes.
| | | | May 12, 2010 08:18 AM ET
 | TOKYO (Reuters) - U.S. federal investigators are probing whether Morgan Stanley misled investors about mortgage derivative products it helped create and sometimes bet against, The Wall Street Journal said, citing people familiar with the matter.
| | | | May 12, 2010 07:51 AM ET
 | MADRID/BRUSSELS (Reuters) - Spain became the latest euro zone country to announce sweeping austerity measures on Wednesday as the executive European Commission sought unprecedented power to pre-vet national budgets.
| | | | | May 12, 2010 07:59 AM ET
 | WASHINGTON/PORT FOURCHON, Louisiana (Reuters) - Top oil executives face a second day of grilling by U.S. lawmakers on Wednesday over a deadly well rupture that unleashed a huge oil slick and the specter of environmental disaster in the Gulf of Mexico.
| | | | May 12, 2010 08:11 AM ET
 | NEW YORK (Reuters) - Shares of Macy's Inc fell 1.7 percent to $23.50 in premarket trading on Wednesday after the company reported its first-quarter results.
| | | | May 12, 2010 06:35 AM ET
| LONDON (Reuters) - Gold surged to a record high on Wednesday as investors piled in, seeking safety from turmoil in government bond markets and the risks of Greece's debt crisis spreading to other countries.
| | | | | May 12, 2010 07:47 AM ET
| NEW YORK (Reuters) - U.S. mortgage applications rose last week, reflecting a jump in demand for home refinancing loans as interest rates reached their lowest level since mid-March, data from an industry group showed on Wednesday.
| | | | | May 12, 2010 08:28 AM ET
 | HARRISBURG, Pennsylvania (Reuters) - The story of how Pennsylvania's capital city Harrisburg has lurched toward the precipice of financial ruin is a cuckoo tale involving one man's vision of creating a hub for museum lovers, a possible FBI investigation, and a $45,000 tomahawk that may or may not have been owned by Chief Crazy Horse.
| | | | | May 12, 2010 08:35 AM ET
 | DETROIT (Reuters) - Ford Motor Co executives at the annual meeting Thursday in Wilmington, Delaware, will have to make the case that the No. 2 U.S. automaker can outperform rivals in a recovering U.S. market as it did during the crushing downturn in auto sales that began in 2008.
| | | | | May 11, 2010 09:44 PM ET
| NEW YORK (Reuters) - A special board committee of American International Group Inc has hired its own financial adviser, a sign the insurance company is setting plans to repay taxpayers, the Wall Street Journal reported on Tuesday.
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This blog offers a compilation of recent news and world events given by RSOE-Emergency and Disaster Information Service, Reuters News Agency, BBC News , CNN International and Al Jezeera News
Futures rise after Spain unveils austerity plan
