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Suu Kyi charged with violating house arrest
A lawyer for Myanmar's pro-democracy leader Aung San Suu Kyi says she has been charged with violating terms of her house arrest and could face a prison term of up to five years. Lawyer Hla Myo Myint told reporters that Suu Kyi's trial was scheduled to start... Related: Aung San Suu Kyi - Burma - Nyan Win - Myanmar - Asia
SF Gate

Charlie Aitken: Rio Tinto hit again
WALL Street succumbed to another round of profit taking, led by banks and cyclicals, after April retail sales unexpectedly fell.
The Australian

Nikkei Falls on Yen, Wall Street
Asian shares fell Thursday with the Nikkei down 2.6% amid concerns about the health of the U.S. consumer, and a stronger yen hurting exporters.
Wall Street Journal

Bankers Huddle Under the TARP
Some banks have signaled their determination to quickly repay TARP funds, but the much-feared exodus of Wall Street talent hoping to dodge pay curbs has proved a paper tiger.
Wall Street Journal

US plans derivatives regulations
The US Treasury seeks more regulation of the financial instruments that brought down leading Wall Street firms.
BBC

Wall Street falls 3% on weak retail data
US equities tumbled on Wednesday as figures showing retail sales unexpectedly fell in April dented hopes that the economy had stopped its decline
Financial Times

Weak retail data sends US stocks tumbling
NEW YORK -- Wall Street shares took a beating Wednesday as a weak report on US retail sales dampened hopes for a quick economic recovery from the recession. The Dow Jones Industrial Average slid 184.2...
bignewsnetwork.com

WSJ: Obama seeks to influence financial services pay
The White House is pondering changes in compensation practices in the financial services industry, the Wall Street Journal reported Wednesday, citing people familiar with the matter.
Biz Journal

WORLD FOREX: Rating Worries Hurt Dollar; Euro Rises On Risk - Wall Street Journal
WORLD FOREX: Rating Worries Hurt Dollar; Euro Rises On RiskWall Street JournalBy Nicholas Hastings LONDON (Dow Jones)--Credit rating worries hit the dollar, leaving it lower against most other majors in Europe Wednesday. The currency was also being hurt by a strong performance in crude oil prices, as well as a report that the ...
Info 5000

SEC Staff Recommends Charges Against Mozilo
U.S. regulators have recommended filing a civil fraud suit against Countrywide Financial co-founder Angelo Mozilo for insider trading, the Wall Street Journal reported on Wednesday.
Big News Network

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