Regulators could fine Barclays PLC (NYSE: BCS) $470 million for manipulating California’s energy market, according to an investigation by the Federal Energy Regulatory Commission. (Reuters)
Source: thinkstock
Sony Corp. (NYSE: SNE) says it had a small profit in its fiscal second quarter and affirmed its full-year numbers. (Reuters)
Shale oil could bring down overall oil costs in the United States sharply by 2020. (Reuters)
Sharp says its annual loss will be more than expected. (Reuters)
Earnings at airlines and hotels will continue to be hurt by Hurricane Sandy. (Reuters)
J.P. Morgan Chase & Co. (NYSE: JPM) sues the supervisor of the “London whale” who lost the firm $6 billion. (WSJ)
Carl Icahn takes a 10% position in Netflix Inc. (NASDAQ: NFLX). (WSJ)
The pressure for Greece to accept more austerity cuts ramps up. (WSJ)
Wal-Mart Stores Inc. (NYSE: WMT), Lowe’s Companies Inc. (NYSE: LOW) and Home Depot Inc. (NYSE: HD) set plans to sell customers goods needed due to Hurricane Sandy. (WSJ)
Mortgage requests rise, but banks remain wary of making home loans. (WSJ)
The National Labor Relations Board reports declining union strength in some industries and regions in which organized labor has been strong. (WSJ)
Senior U.K. officials are at odds with one another about budget cuts in Europe. (WSJ)
Royal Dutch Shell PLC (NYSE: RDS-A) delays plans to drill in the Arctic until next year. (WSJ)
The BBC may face civil liability in the Jimmy Savile case. (WSJ)
Deutsche Lufthansa and Air France-KLM each report good earnings. (WSJ)
Asian interests help General Motors Co. (NYSE: GM) earnings results. (WSJ)
LivingSocial’s value drops sharply, along with that of its larger rival Groupon Inc. (NASDAQ: GRPN). (WSJ)
The firing of Apple Inc.’s (NASDAQ: AAPL) Scott Forstall may change how the company presents software. (NYT)
New numbers forecast that Greece’s debt-to-GDP could rise to an unexpected 192% in 2012. (FT)
Bank of England Deputy Governor Charles Bean says a failing economy could hurt easing. (Bloomberg)
Douglas A. McIntyre
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