FACTBOX-BCE the biggest scuttled leveraged buyout deal

NEW YORK, Dec 11 (Reuters) – The leveraged buyout of BCE Inc ,
Canada’s biggest telecom company, collapsed on Thursday after the deal failed
to get a positive solvency ruling from KPMG.

Venezuela indicts opposition leader on corruption

CARACAS (Reuters) – Venezuela indicted opposition leader Manuel Rosales on corruption charges on Thursday, possibly weakening adversaries of leftist President Hugo Chavez as he seeks to deepen his self-styled revolution.

DEALTALK-Solvency opinion hot topic in BCE deal

NEW YORK, Dec 11 (Reuters) – The collapse of the BCE Inc.
deal on Thursday, which would have been the world’s
largest leveraged buyout, came down to an unusual issue — a
solvency opinion.

IRA, 401(k) break near for seniors

Responding to the financial market downturn, the Bush administration and lawmakers are working to ease rules for seniors who are required to take distributions from their battered retirement accounts. It’s not a done deal, but the efforts could be

Stocks struggle on bailout questions

Wall Street zigzags in early trade ahead of Friday’s Senate vote on the $14 billion auto industry bill. NEW YORK (CNNMoney.com) — Stocks swayed Thursday morning, erasing opening losses but struggling to move much higher as investors looked to an

Stocks slip on auto concerns

Investors edgy about auto bailout bill’s chances for Senate passage and surge in jobless claims. NEW YORK (CNNMoney.com) — Stocks slipped Thursday morning as investors waited to see if a $14 billion auto industry bailout will get Senate approval.

Sony unveils PlayStation community site

Electronics giant Sony launched its eagerly anticipated social-networking site Thursday for PlayStation 3 users. PlayStation Home, which can be downloaded free of charge, will allow PS3 gamers to interact, communicate and share gaming experiences