SINGAPORE (Reuters) - Asian shares edged down on Tuesday as rising Spanish bond yields stoked fears its tottering banking system is dragging Madrid deeper into crisis, snuffing out a relief rally that followed a win for mainstream parties in Greece's weekend election.
Reuters
Stanford Financial exec to plead guilty: report
(Reuters) - Laura Pendergest-Holt, former chief investment officer for Allen Stanford, has agreed to plead guilty and receive a three-year prison sentence for her role in a $7 billion fraud, Bloomberg reported, citing three people familiar with the matter.
Analysis: Delta heats up competition for New York flyers
ATLANTA/WASHINGTON (Reuters) - Delta Air Lines Inc kicked off a sale on Memorial Day weekend that offered flyers one-way fares from New York's LaGuardia Airport to Philadelphia for as low as $69.
Weak factories, sentiment show shaky U.S. recovery
WASHINGTON (Reuters) - Factory output contracted in May for the second time in three months and families took a dimmer view of their economic prospects in early June, signs that the economy's recovery is on shaky ground.
