Greece wrangling tempers market momentum; RBA holds rates

TOKYO (Reuters) - Markets edged down on Tuesday as Greek resistance to the strict conditions attached to a bailout fund sapped recent momentum spurred by hopes the global economy is improving, and the euro eased on renewed fears of a messy debt default.

Greek leaders face crunch talks, unions strike

ATHENS (Reuters) - Greek political leaders face crunch talks on Tuesday to hammer out a deal on unpopular reforms that have prompted the country's biggest labor unions to walk off the job.

Exclusive: Facebook governance a concern for Calif pension fund

NEW YORK (Reuters) - Facebook's corporate governance rules, which give shareholders little say in how the social networking website would be run as a public company, are raising the hackles of one of the largest U.S. investors, the California State Teachers' Retirement System.

Mortgage deal faces setbacks, again

(Reuters) - A multi-state mortgage settlement in the works for more than a year will likely be pushed back again as dissident U.S. states continue to press specific concerns and ignore a Monday deadline to decide whether they will sign it.

Lockheed's F-35 fighter jet under renewed pressure

WASHINGTON (Reuters) - Key U.S. senators raised fresh questions about Lockheed Martin Corp's $382 billion F-35 fighter program on Monday as the Pentagon's top weapons buyer underscored deep flaws in the way the multinational arms program was set up from the start.

MGM gets $500 mln loan to expand film, TV slate

LOS ANGELES (Reuters) - Metro-Goldwyn Mayer said its lenders agreed to loan the studio $500 million to retire debt it took on when it emerged from bankruptcy about a year ago and to expand its film and TV production.

Wall St edges lower after string of gains

NEW YORK (Reuters) - Stocks closed slightly lower on Monday as lingering questions about Europe's debt crisis and corporate earnings overshadowed growing optimism about economic growth after a five-week rally.

SEC's Gallagher wants more oversight of brokers

WASHINGTON (Reuters) - Congress made a mistake when it stripped away most of the Securities and Exchange Commission's authority to police the holding companies of broker-dealers for risks, according to the SEC's newest commissioner.

BofA investor lawsuit wins class-action status

(Reuters) - Investors suing Bank of America Corp won class-action status for their lawsuit accusing the bank of fraudulently misleading them about the 2008 takeover of Merrill Lynch & Co and the size of Merrill's losses and bonus payouts.

Stock gains turn hedge fund losers into winners

BOSTON (Reuters) - Last year's hedge fund losers may be turning into winners again.