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(Reuters) - Billionaire hedge fund manager Steven A. Cohen is losing the financial support of Blackstone Group Inc, the largest outside investor in his embattled SAC Capital Advisors, which is yanking much of its client money, according to a letter reviewed by Reuters. Full Story


Lobbying in American-US Airways deal focuses on small cities
(Reuters) - US Airways Group <LCC.N> and American Airlines <AAMRQ.PK>, seeking approval for a merger that would create the world's largest airline, are warning lawmakers that a requirement to divest certain airport slots would lead to less service for small and medium-sized cities, sources close to the effort told Reuters. Full Story

Chinese premier criticizes EU move on trade measures
SHANGHAI (Reuters) - Chinese Premier Li Keqiang criticized the European Union over its plans to investigate alleged anti-competitive behavior by Chinese mobile telecom equipment makers and to impose punitive import duties on solar panels from China, state media reported. Full Story

Visa, Mastercard ask U.S. court to declare card fees are lawful
NEW YORK (Reuters) - Visa Inc and MasterCard Inc, opening another front in an eight-year battle over credit card fees paid by retailers, on Friday asked a federal judge to declare that the fees do not violate antitrust law. Full Story

Exclusive: In surprise, General Growth eyes New York office tower
NEW YORK (Reuters) - General Growth Properties Inc <GGP.N> has paired with Brookfield Office Properties Inc <BPO.TO> to bid for an expensive New York building in what could mark the No. 2 U.S. mall owner's entry into a new segment of the retail real estate market, according to two sources familiar with the deal. Full Story

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