Story updated from 6:31 a.m. ET with Akamai, Jon Corzine, global trends items.
) -- The latest meeting between
Nicolas Sarkozy and Angela Merkel
leads your quick fix of company, market, economic and investing news for Monday, Jan. 9.
Monday's 5 Biggest Stories
Who doesn't love a meeting?
Sarkozy and Merkel
will meet today to discuss their master plan to save the euro as borrowing costs in eurozone countries rise.
They also love meetings in China, as the country welcomes
Treasury Secretary Tim Geithner
for a discussion on Iranian nukes and trade.
In other country-relations news, the U.S. is reportedly set to take legal action against Swiss bank
Wegelin & Co.
Wow. Investors are now
for the luxury of lending the country cash after the latest debt auction resulted in negative yields.
Are you excited that
will kick off the fourth-quarter earnings reporting season tonight? Well, don't be. Corporate profit growth is at a two-year low.
Quote of the Day
"Our assessment is that even if some of the eurozone countries are in a recession technically for some or all of 2012, the whole of the zone might not technically be in a recession," IMF head
said of the chances that the eurozone falls into a recession this year.
tries to sneak bad news by investors (and
) after Friday's closing bell.
found its new CEO but now it's hunting for board members.
announces a big takeover of
( INHX), sparking speculation over which hepatitis C drug maker will be bought out next.
In some positive news for the eurozone, the
euro currency recovered from 15-month lows
ahead of the Merkozy meeting.
But on the downside,
seems to be out of options after clashing with the IMF.
stand headed into a new week.
stocks will beat bonds
over the next 20 years.
is flashing a golden cross. What should you do?
Odds and Ends
was going to sing a song and play guitar for a Spring Festival gala in China. Now, he's not. Drats.
is looking for some office space on Wall Street.
Welcome to the first full trading week of the new year. Here's a
Queens of the Stone Age
song to get you pumped up.
-- Written by Robert Holmes in Boston
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