NEW YORK (Reuters) - U.S. consumers, who flocked to malls at the start of the holiday shopping season, have since backed off, kept out of stores by a Midwest ice storm and the ease of shopping online, data released on Sunday by SpendingPulse showed.
WASHINGTON (Reuters) - The U.S. economy is showing early signs of stagflation as growth threatens to stall while food and energy prices soar, former U.S. Federal Reserve Chairman Alan Greenspan said on Sunday.
NEW YORK (Reuters) - The U.S. Securities and Exchange Commission is not using all of its available tools to police Wall Street, according to a U.S. government study.
NEW YORK (Reuters) - Berkshire Hathaway Inc , the conglomerate built by billionaire investor Warren Buffett, could be overvalued, Barron's reported on Sunday.
LONDON (Reuters) - Ford Motor Co is poised to name India's Tata Motors as preferred bidder for its Jaguar and Land Rover brands, Britain's Sunday Times newspaper reported.
BERLIN (Reuters) - European plane maker Airbus plans to agree in the coming week to sell four of its European factories to U.S. group Spirit AeroSystems Holdings , a German newspaper reported on Saturday.
TOKYO (Reuters) - Japan's Nomura Holdings Inc is in talks with Collins Stewart Plc about a takeover that could value the British broker at more than 700 million pounds ($1.41 billion), Britain's Sunday Telegraph newspaper reported on Sunday.
FRANKFURT (Reuters) - Global sales of Volkswagen brand passenger cars increased 10.3 percent year-on-year in November to 324,000 vehicles, the German carmaker said on Sunday.
PRAIRIE CITY, Iowa (Reuters) - Gordon Wassenaar has his eye on a $300,000 combine harvester to replace the 1990 model he repairs each winter in the workshop on his farm. And he just bought more land to add to his 1,600-acre spread.
ROME (Reuters) - Air France-KLM's bid for Alitalia includes a share swap and a capital hike of 750 million euros ($1.09 billion), with up to 1,700 job cuts, Air France's Chairman Jean-Cyril Spinetta was quoted as saying.
