Europe debt saga far from over

Early Friday morning, a group of European politicians issued a statement, and knees jerked in financial markets around the world. Latest financial news – CNNMoney.com

Buffett successor plan still a mystery

Warren Buffett has long said he hopes his son Howard will follow him as chairman of Berkshire Hathaway, and you’ll hear that again on 60 Minutes Sunday. The question of his successor as CEO, however, is another matter. Latest financial news – CNNMoney.com

EPA sounds alarm on fracking in Wyoming

The Environmental Protection Agency said this week that chemicals from “fracking,” a controversial method of extracting natural gas from the ground, have polluted groundwater in Wyoming. Latest financial news – CNNMoney.com

Rolls-Royce Ghost sedans recalled for fire risk

Rolls-Royce Motors Inc. is recalling almost 600 of its Ghost sedans in the United States because a circuit board could overheat, possibly causing a fire. Latest financial news – CNNMoney.com

Cain’s 9-9-9 plan draws a powerful foe

Herman Cain’s 9-9-9 tax plan is gaining traction, but not in every quarter. Latest financial news – CNNMoney.com

Postal union hires big guns to save service

One of the big postal worker unions has hired new help to save the U.S. Postal Service — Ron Bloom, one of the advisors who helped steer the U.S. automakers out of bankruptcy. Latest financial news – CNNMoney.com

IBM earnings up but stock slides on sales miss

IBM reported a 7% increase in earnings for the third quarter Monday, but shares fell after hours as the tech giant’s sales just barely missed forecasts. Latest financial news – CNNMoney.com

Yahoo’s Levinsohn: Honestly, we’re fine

Nothing to see here! That’s the story from a top Yahoo executive, who faced tough questions about the troubled, CEO-less company at a tech conference on Monday. Latest financial news – CNNMoney.com

China’s economy grows at 9.1%

China’s red hot economic growth cooled slightly from July through September, but remains the envy of many western countries still struggling to recover from the global economic meltdown. Latest financial news – CNNMoney.com

Is Morgan Stanley the next Lehman?

Morgan Stanley is not on the verge of collapse. But you wouldn’t know that from the way nervous investors are acting. Latest financial news – CNNMoney.com

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