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Treasury puts AIG shares on the auction block
The U.S. Treasury is offloading $18 billion worth of American International Group
BP sells some Gulf assets
The Associated Press reported this morning that BP
The oil company will continue operating several other platforms in the Gulf.
China's import growth slows
China's import growth fell unexpectedly, and industrial output also is flagging, according to Bloomberg. This fuels the risk that growth in the country will hit the lowest point in two decades, eroding support for the Communist Party, Bloomberg says -- months ahead of the every-decade transfer of power. Inbound shipments dropped by 2.6%, Bloomberg reports, and exports rose 2.7%.
Hope Nelson-Pope is managing news editor at The Motley Fool and owns none of the companies mentioned here. Motley Fool newsletter services have recommended buying shares of American International Group. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.