FBI agents search Florida law firm in missing funds probe

MIAMI (Reuters) – U.S. federal agents have searched the Fort Lauderdale office of a prominent Florida lawyer in an investigation into his alleged “substantial” misappropriation of investor funds, his company partner said.

Productivity surge signals job growth to follow

WASHINGTON (Reuters) – U.S. business productivity grew at its fastest clip in six years in the third quarter and new claims for jobless aid fell to a 10-month low last week, suggesting the labor market may be starting to bottom out.

Giant snake capture in Florida was a hoax

MIAMI (Reuters) – A man who caught a 14-foot python in a Florida drain pipe was charged with perpetrating a hoax after wildlife officers discovered he owned the snake and put it in the pipe in order to stage the capture.

U.S. mortgage rates drop below 5 percent: Freddie Mac

NEW YORK (Reuters) – U.S. mortgage rates fell below 5 percent for the first time in three weeks, a key level that may boost home loan demand and help the hard-hit housing market recover, a closely watched mortgage survey showed Thursday. Interest rates

GM Keeps Opel, Announces Job Cuts, Angers Germans

Germany was hit with a one-two punch this week — first, GM pulled out ofa deal to sell Opel and Vauxhall, then it announced 10,000 job cuts inEurope. Can Berlin do anything now to protect its interests?

Asian IPO fatigue hits India, elsewhere

HONG KONG/MUMBAI (Reuters) – An ache has hit the belly of investors who feasted on initial public offerings in Asia, in a sign the primary equity window that saw a big revival two quarters ago is beginning to quickly shut.

5-Star Stocks Poised to Pop: Rowan Companies

Based on the aggregated intelligence of 140,000-plus investors participating in Motley Fool CAPS, the Fool’s free investing community, contract driller Rowan Companies (NYSE: RDC) has earned a coveted five-star ranking. With that in mind, let’s take a