Starbucks sees China as next key market after U.S. - Reuters - 1 hour, 38 minutes ago
Starbucks will see China become the company's next major market after the United States in the near future, the firm's China chairman said on Wednesday.

World Bank: Raising rates quickly may cause slump: report - Reuters - 2 hours, 14 minutes ago
Swift interest rate hikes aimed at containing inflation in product and asset prices could cause another downturn in the slowly recovering economies of the United States and Europe, the head of the World Bank said.

FDIC fund falls into red, Bair urges lending - Reuters - Tue 6:48 pm ET
The government-run fund that safeguards U.S. bank deposits tumbled to a negative balance of $8.2 billion in the third quarter, as the number of problem banks surged by a third to 552.

AIG board OKs CEO pay, as Benmosche agrees to stay - Reuters - Tue 6:34 pm ET
American International Group Inc , the insurer that received billions of dollars in a U.S. bailout, has been authorized by its board to pay Chief Executive Robert Benmosche's $7 million compensation, after it laid to rest concerns that he may quit the post.

J Crew full-price sales spur profit beat, shares up - Reuters - Tue 6:04 pm ET
J Crew Group Inc reported a quarterly net profit far above Wall Street estimates due to strong autumn sales of clothing and expanded profit margins from depressed year-ago levels.

Microsoft CFO to leave, look for bigger job - Reuters - Tue 5:54 pm ET
Microsoft Corp's Chief Financial Officer Chris Liddell is to leave the company at the end of the year, indicating that he is looking for a bigger job at another company.

Aware of policy risks, Fed sees firmer growth - Reuters - Tue 4:47 pm ET
Federal Reserve officials are increasingly confident the U.S. economic recovery will be durable, but do not see employment or inflation picking up soon, minutes from their November meeting showed.