Reuters Investigates

An economic giant’s Achilles heel

December 16, 2010

A year ago, Nick Carey went on a road trip around America for a project called “Route to Recovery” that took him to places hit hardest by the recession. Nick went to Saginaw, Michigan, this time for a follow-up special report on the manufacturing sector and structural unemployment: “Is America the sick man of the globe?”

Appraisal hell

December 14, 2010

USA-HOUSING/APPRAISALSSenior personal finance correspondent Linda Stern has been delving into the housing market for a special report on home appraisals — “What’s a home worth? Pick a number, any number

How Mendax made WikiLeaks a sensation

December 13, 2010

WIKILEAKS-ASSANGE/ARREST By Mark Hosenball

On Tuesday, Julian Assange, the controversial Australian-born founder and frontman of the WikiLeaks website is scheduled to appear in a London courtroom for the latest hearing on a request by Swedish authorities that he be extradited to Sweden for questioning in a sexual misconduct investigation.

China’s rebalancing act puts consumer to the fore

December 10, 2010

consumerWal-Mart, the world’s largest retailer, now has 189 stories in China, according to its website. Soon it will have many more.  The U.S. chain has announced plans to open a series of “compact hypermarkets”, using a bare-bones model developed in Latin America, the Financial Times said.

WikiLeaks: What really happened in Sweden

December 8, 2010

WIKILEAKS-ASSANGE/Some supporters of WikiLeaks founder Julian Assange see a conspiracy behind Swedish prosecutors’ efforts to question him there on sexual misconduct charges. The prosecutors deny their move is political.

The robosigning story goes on

December 6, 2010

Shares Lender Processing Services Inc fell as much as 9.8 percent at one point on Monday after Scot Paltrow’s special report said the company, which helps banks manage mortgage foreclosure documentation, faces more serious legal troubles than it previously disclosed. The stock closed 5.77 percent down for the day.

Waiter, there’s a bug in my orange juice

December 3, 2010

When former  beauty queen Anita Bryant chirped more than four decades ago: “A day without orange juice is like a day without sunshine,” she wasn’t talking about green oranges or genetically altered ones, but that was then.

The ETF war is hotting up

December 3, 2010

BOSTON – A battle royal is shaping up in the world of exchange-traded funds. After years of trailing in the race to attract new money from ETF investors, fund giant Vanguard is poised to take the top spot from iShares this year. But the big winners will be investors who are seeing fees plummet.

BP – Tough to price in the consequences

December 2, 2010

Two graphs tell an apparently conflicting story: analysts forecast a steady recovery in BP’s dividends, but its valuation remains weak. Tom Bergin’s close look at the potential costs facing BP as a result of its Gulf of Mexico oil spill helps explain the latter, but less so the former.

Weird weather and the Amazon

November 29, 2010

As scientists from around the world gather in Cancun for the latest U.N. conference on climate change, Stuart Grudgings reports from Caapiranga, in the heart of the Amazon rainforest, for his special report “Weird weather leaves Amazon thirsty.