Financial news on June 13th, 2010

Business and Financial news
Cablevision Strikes $1.36 Billion Deal for Bresnan

Updated: Cablevision announced Monday that it will buy Bresnan Communications for $1.365 billion in cash and will begin a share repurchase program of up to $500 million. Read more..

By MICHAEL J. DE LA MERCED - The New York Times

Debt Burden Falls Heavily on Germany and France

French and German banks are more exposed to the debt crisis than the banks of any other countries, according to a report by the Bank for International Settlements. Read more..

By DEALBOOK - The New York Times

One-Armed Bandit

Mark Feldman’s puzzle might help you with your summer plans. Read more..

By PATRICK MERRELL - The New York Times

Some Return to Work for Honda Amid Strike

An activist in the strike said that “four or five workers” had gone back into the factory and restarted the equipment for one small assembly line. Read more..

By KEITH BRADSHER - The New York Times

Spirit Cancels Flights as Pilots Go on Strike

Spirit is the largest single carrier at the Fort Lauderdale, Fla., airport, and cancellations threatened to disrupt the travel plans for thousands of vacationers. Read more..


Uncertainty Restores Glitter to an Old Refuge, Gold

It was once a favorite of the fringe, but now even well-known investors are buying gold amid rising concerns about currencies, bailouts and debts. Read more..

By NELSON D. SCHWARTZ - The New York Times

See what else happened on June 13th, 2010