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hanesbrands exits europe and sells outer banks
hanesbrands is getting out of europe, selling its division there, and also said wednesday that it is putting its outer banks brand on the block and that it will exit its private-label business in the u.s.europe's deepening crisis drags wall street lower
new york (reuters) - stocks tumbled on wednesday as surging bond yields in spain and italy ratcheted up tensions in financial markets about europe's ability to solve its growing debt crisis. angst over europe drove investors away from risky assets and into safe havens. u.s. treasury benchmark yields fell to their lowest in at least 60 years, prices for crude fell more than 3 percent and the...u.s. shuttle diplomacy seeks to pull europe back from brink
washington (reuters) - the obama administration is engaged in a fresh round of shuttle diplomacy to nudge european union leaders into decisive action to prevent europe's widening crisis from undermining the u.s. and global recoveries. officials in washington believe the u.s. banking system is in sound enough shape, but they know from the collapse of lehman brothers in 2008 and the asia cris...as europe goes, so go its fake monuments
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