Reuters Business News: ConEd plans major electric system upgrade - MSN Money

Reuters Business News: ConEd plans major electric system upgrade - MSN Money
ConEd has said electricity use has increased more than 20 percent over the past 10 years requiring more capital investment to maintain a reliable infrastructure. The huge spending program could lead to rate increases of as much as 20 percent for some customers spokesman Chris Olert said.

Reuters Business News: China to take $3 bln stake in Blackstone - MSN Money

Reuters Business News: China to take $3 bln stake in Blackstone - MSN Money
The agreement gives China’s government a stake in the private equity boom sweeping the world and seals a key alliance for Blackstone at a time when foreign investors are struggling to gain support from Beijing to buy domestic assets. China is taking a non-voting stake of just under 10 percent in Blackstone leaving it under the radar screen from U.S.

Traders work on the floor of the New York Stock Exchange (MSN Money Canada)

Traders work on the floor of the New York Stock Exchange (MSN Money Canada)
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