Reuters - President Barack Obama will announce on Monday a six-year infrastructure revamp plan with an initial investment of $50 billion to jump-start job creation, a white house official said.

AFP - World oil prices diverged on Monday, the end of the traditional peak demand season for motor fuel in the United States.

Reuters - Encouraging news about the U.S. employment picture continued to spill over onto financial markets on Monday, lifting world stocks on hopes that a slip back into recession could be avoided.

AP - The Dutchman charged with killing a 21-year-old Peruvian woman and suspected in the disappearance of U.S. teenager Natalee Holloway has acknowledged extorting money from Holloway's parents and says he did it to get back at them.

Reuters - Australia's top investment bank Macquarie Group Ltd warned investors it would miss profit forecasts after weak markets took a toll on its trading and advisory business, sending its shares to a 15-month low.

AP - Group of 20 leaders should use their November summit to make a serious push for the conclusion of stalled global trade negotiations, the head of the WTO said Monday.

Reuters - The U.S. economy appears to be trudging along, neither booming nor busting, growing steadily enough to diminish double-dip recession fears but not quickly enough to bring down unemployment.

AFP - US lawmakers returning from summer recess face a conundrum on tax cuts set to expire at the end of this year, with the economy seemingly sputtering ahead of looming congressional elections.

Reuters - The U.S. government is likely to take a loss on General Motors Co in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said.

AFP - Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.

AP - Summer is rarely a hot sales season for Campbell Soup Co., and this year's sweltering June and July made that even more true, but the company said Friday that cost-cutting and strong drink sales helped its net income climb.

Reuters - U.S. regulators probing the May flash crash are focusing on a trading practice known as "quote stuffing", in which large numbers of rapid-fire orders to buy or sell stocks are placed and canceled almost immediately.