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Sprint posts wider loss (Reuters)

Dan Hesse, president and CEO of Sprint Nextel, speaks during a keynote address at the CTIA Wireless convention in Las Vegas, Nevada April 1, 2008. (Steve Marcus/Reuters)Reuters - Sprint Nextel Corp on Monday reported a wider quarterly loss amid steep defections of high-value customers who pay monthly phone bills and commit to contracts of at least a year.



MBIA posts huge loss on credit derivatives (Reuters)

Reuters - MBIA said on Monday unrealized losses on insured derivatives skyrocketed in the first quarter pushed the world's largest bond insurer into a sharp quarterly loss.


Stock futures rise as oil pulls back (Reuters)

Traders work on the floor of the New York Stock Exchange, April 3, 2008. (Keith Bedford/Reuters)Reuters - Stock index futures rose on Monday, in line with global equities, as the dollar strengthened and oil pulled back from record highs.



ILFC considering split-up from insurer AIG: report (Reuters)

A sign on an office building for AIG, American International Group, is pictured in Los Angeles, California May 8, 2008. (Fred Prouser/Reuters)Reuters - International Lease Finance Corp, a unit of American International Group , is worried by the insurer's financial troubles and mulling a split from it, the Wall Street Journal said on Monday, citing people familiar with the matter.



April retail sales barely budged: SpendingPulse (Reuters)

Shopper Laura Miller (L) and her daughter shop at a Wal-Mart store in Santa Clarita, California April 1, 2008. (Mario Anzuoni/Reuters)Reuters - Retail sales barely rose in April, as a relentless surge in gasoline prices made consumers cut back other types of spending, according to a report released on Monday.