| Reuters: Business News |
| S&P 500 hits 17-month high as banks lift Wall St NEW YORK (Reuters) - The S&P 500 hit a 17-month closing high as rising bank shares led a late rally that lifted stocks on Thursday, more than offsetting worries China may move to cool its overheating economy.
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| Lehman insolvent weeks before bankruptcy: examiner NEW YORK (Reuters) - Lehman Brothers Holdings Inc used accounting gimmicks and had been insolvent for weeks before it filed for bankruptcy in September 2008, a court-appointed examiner said, but he did not find extensive wrongdoing.
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| Bank reform talks fail, Dodd to go solo WASHINGTON (Reuters) - Chances of a broad overhaul of U.S. financial regulation dimmed on Thursday after bipartisan Senate talks collapsed, jeopardizing a top Obama administration priority and boosting bank share prices.
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| Toyota discounts boost sales, U.S. mulls "black box" DETROIT/WASHINGTON (Reuters) - Unprecedented discounts after a series of damaging recalls boosted Toyota Motor Corp's U.S. sales in early March, as U.S. regulators weighed new auto safety measures.
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| Citigroup sees return to sustained profitability NEW YORK (Reuters) - Citigroup Inc Chief Executive Vikram Pandit told investors on Thursday the bank is on track to return to sustained profitability and losses from some of its worst assets should be manageable if the economy does not deteriorate.
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| Movie "Avatar" has few fans among mining execs NEW YORK (Reuters) - It's enough to make a mining executive grit his teeth or his kids to give him the silent treatment.
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| Jobless claims fall, trade gap narrows on oil WASHINGTON (Reuters) - The number of U.S. workers filing new claims for unemployment benefits fell only slightly last week, indicating a sluggish return to jobs growth. The U.S. trade gap shrank as oil imports fell.
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| Fed seen keeping "extended period" low rate vow WASHINGTON (Reuters) - Lingering U.S. labor market weakness and nagging doubts about the solidity of the economic recovery are expected to keep the Federal Reserve committed to holding borrowing costs very low for a long time at a monetary policy meeting next week.
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| Exxon boosts 2010 capital spending to $28 billion NEW YORK (Reuters) - Exxon Mobil Corp will increase capital spending nearly 4 percent this year to $28 billion in part as the largest U.S. oil company seeks to increase its share of the global market for natural gas.
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| BP to pay Devon $7 bln for fields LONDON/NEW YORK (Reuters) - BP will pay $7 billion to Devon Energy for assets that will extend its reach into Brazil and bulk up its position in the Gulf of Mexico, as the world's top oil companies look to acquisitions to refill depleting reserves.
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| Bank reform talks fail, Dodd to go solo WASHINGTON (Reuters) - Chances of a broad overhaul of U.S. financial regulation dimmed on Thursday after bipartisan Senate talks collapsed, jeopardizing a top Obama administration priority and boosting bank share prices. |
| Toyota discounts boost sales, U.S. mulls "black box" DETROIT/WASHINGTON (Reuters) - Unprecedented discounts after a series of damaging recalls boosted Toyota Motor Corp's U.S. sales in early March, as U.S. regulators weighed new auto safety measures. |
| Iraq results trickle out, Maliki rivals cry fraud BAGHDAD (Reuters) - Prime Minister Nuri al-Maliki posted mixed results in initial returns on Thursday from Iraq's parliamentary election, and a rival grouping complained of serious fraud. |
| Democrats move closer to healthcare deal WASHINGTON (Reuters) - Congressional Democrats drew closer on Thursday to agreement on a broad healthcare overhaul that could lead to a final vote in the next few weeks, but vowed not to be bound by White House deadlines. |
| Billionaire Pinera takes power as quakes jolt Chile CONSTITUCION, Chile (Reuters) - The ground shook and buildings swayed as billionaire Sebastian Pinera took over as Chile's president on Thursday, tasked with rebuilding after a massive earthquake killed hundreds just 12 days ago. |
| Police clash with protesters as Greeks fight cuts ATHENS (Reuters) - Police clashed with stone-throwing youths in Athens on Thursday as tens of thousands of strikers protested against draconian cutbacks aimed at pulling Greece out of a debt crisis shaking the euro zone. |
| Obama lobbied on black unemployment, immigration WASHINGTON (Reuters) - President Barack Obama on Thursday faced pressure to help create jobs in African-American communities and deliver an immigration overhaul even as he tried to push healthcare reform across the finish line. |
| Biden appeals for Mideast peace talks without delay TEL AVIV (Reuters) - Vice President Joe Biden called on Thursday for Israeli-Palestinian peace talks to start without delay despite Palestinian insistence that Israel first cancel a settlement project condemned by Washington. |
| U.S. boosted financial, tax crime probes in 2009 WASHINGTON (Reuters) - The United States boosted its investigation of tax and other financial crimes by about 10 percent last year, tax authorities reported on Thursday, amid an increased push to pursue wealthy tax cheats. |
| Obama gives $1.4 million Nobel prize to 10 charities WASHINGTON (Reuters) - President Barack Obama on Thursday named 10 charities to share his $1.4 million Nobel Peace Prize, with causes ranging from wounded veterans to Haiti's earthquake survivors and education for minorities. |
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| Iraq results trickle out, Maliki rivals cry fraud BAGHDAD (Reuters) - Prime Minister Nuri al-Maliki posted mixed results in initial returns on Thursday from Iraq's parliamentary election, and a rival grouping complained of serious fraud. |
| Billionaire Pinera takes power as quakes rattle Chile SANTIAGO (Reuters) - The ground shook and buildings swayed as billionaire Sebastian Pinera took over as Chile's president on Thursday, tasked with rebuilding after a massive earthquake killed hundreds just 12 days ago. |
| Biden appeals for Mideast peace talks without delay TEL AVIV (Reuters) - Vice President Joe Biden called on Thursday for Israeli-Palestinian peace talks to start without delay despite Palestinian insistence that Israel first cancel a settlement project condemned by Washington. |
| Mexico's first gay couples wed under landmark law MEXICO CITY (Reuters) - Five same-sex couples wed in Mexico on Thursday as Mexico City became the first Latin American city to defy religious taboos and macho stereotypes by legalizing gay marriage. |
| U.S. human rights report hits China, Iran WASHINGTON (Reuters) - China and Iran have stepped up their abuses of human rights, targeting both anti-government activists and the free flow of information over the Internet, the State Department said on Thursday. |
| Turkey recalls envoy to Sweden over Armenia vote ANKARA (Reuters) - Turkey recalled its ambassador to Sweden on Thursday and canceled an upcoming summit between the countries after the Swedish parliament branded the World War One killing of Armenians by Ottoman forces genocide. |
| Colombian rebels give hostage handover coordinates BOGOTA (Reuters) - Colombia's FARC guerrillas have issued coordinates for the release of two soldiers held in rebel camps deep in the jungles, a leftist senator involved in mediation efforts said on Thursday. |
| Police clash with protesters as Greeks fight cuts ATHENS (Reuters) - Police clashed with stone-throwing youths in Athens on Thursday as tens of thousands of strikers protested against draconian cutbacks aimed at pulling Greece out of a debt crisis shaking the euro zone. |
| Somali tied to Islamists worked with two U.N. agencies UNITED NATIONS (Reuters) - A Somali businessman, who has been linked to Islamist militants and may have pocketed ransom money paid for the release of kidnapped French aid workers, has been a contractor for the World Food Program and UNICEF, a U.N. report said. |
| Two kidnapped foreign aid workers freed in Haiti PORT-AU-PRINCE (Reuters) - Two foreign aid workers with Doctors Without Borders in quake-hit Haiti were kidnapped and held for nearly a week before being freed early on Thursday, the international medical charity said. |
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| Citigroup's Chief Is Optimistic on Profit Growth Vikram S. Pandit laid out ambitious targets for growth, saying the bank's return on assets should rise to 1.25 to 1.5 percent in the near future, from the current 1.15 percent. |
| Court-Appointed Lehman Examiner Unveils Report It's not clear that there was a crime committed in the fall of Lehman Brothers. But the court-appointed examiner's report makes it clear that there was potentially improper financial engineering going on. (Read the first five volumes of the report on DealBook.) |
| Europe and U.S. Quarrel Over Hedge Funds The European Union rebutted criticism by the United States of its plans to tighten the rules on hedge funds, even as Britain sought to water down the regulation to safeguard its own financial sector. |
| Investors Bet on Betaworks, a New York Tech Incubator From Bits: Betaworks, an incubator for early-stage technology start-ups in the meatpacking district of Manhattan, is announcing on Thursday that it raised $20 million in venture financing in a Series B investment round. |
| Elliott Denies It Plans to Sell Novell Units Elliott Associates, the hedge fund that made an unsolicited $2 billion offer for Novell, denied late Thursday that it was planning to sell any of the company's businesses if its bid succeeds, disputing a report that it would do so. |
| K.K.R. Names 4 Top Executives in Asset Management Arm Kohlberg Kravis Roberts appointed four top executives within its six-year-old asset management arm, tasked with heading its distressed credit and and leveraged finance operations. |
| Should the U.S. Provide a Ponzi Scheme Bailout? Peter J. Henning of DealBook's White Collar Watch questions whether investors who placed their money with Bernard L. Madoff and R. Allen Stanford should get better treatment from the government than anyone else who falls prey to a financial scam. |
| Gensler Criticizes Wall Street for Resisting Reforms Gary Gensler, the chairman of the Commodity Futures Trading Commission, chided Wall Street on Thursday for resisting calls to make over-the-counter derivatives markets more transparent. |
| Dodd to Offer New Version of Regulatory Overhaul Senator Christopher J. Dodd of Connecticut, the Democratic chairman of the Senate Banking Committee, said Thursday that he would unveil a new version of his financial regulatory bill on Monday. |
| Fed Joins A.I.G. Loss-Sharing Pact With MetLife The Federal Reserve Bank of New York is joining the American International Group in a loss-sharing agreement that is part of the insurer's sale of its American Life Insurance Company unit to MetLife, Bloomberg News reports. |
| Pimco Chief Addresses Sovereign Debt Mess Mohamed A. El-Erian, whose company runs the world's biggest mutual fund, said in an Op-Ed in The Financial Times that deteriorating public finances may affect the global economy more than is currently realized. |
| First Data Chief to Join K.K.R. as Adviser First Data, the credit card processor, said on Thursday that its chief executive has stepped down to take an advisory role at corporate owner Kohlberg Kravis Roberts. |
| In Bond Auction, Signs of Confidence in Portugal Portugal sold more bonds than initially planned Wednesday -- at a lower borrowing cost than the previous similar issue -- suggesting markets were becoming more confident after the country outlined its strategy to cut a ballooning fiscal gap, Reuters reported. |
| Geithner Said to Warn E.U. on Fund Regulation Treasury Secretary Timothy F. Geithner has written to the European Commission warning that plans to regulate hedge funds and private equity firms could cause tensions with Washington, The Financial Times reported. |
| In Hedge Funds, More Closings Than Openings Hedge-fund closings outpaced launches in 2009, the second year in a row that more funds shuttered than opened, Pensions & Investments reported, citing new data from Hedge Fund Research. |
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| Patchwork Retirement Plan Adds to Greece?s Debt Woes Greece?s retirement plan, which lets 14 percent of its work force retire early, has become divisive in Europe. |
| The E.U. and U.S. Quarrel Over Hedge Funds The European Union rebutted criticism by the U.S. of its plans to tighten the rules on hedge funds. |
| BMW and VW Results Show Money Is Still in Selling Luxury Cars The earnings suggest makers of the lower-priced cars that most people drive could struggle with meager profits for years to come. |
| Chinese Consumer Prices Rise 2.7% The year-on-year rise in February was partly attributable to the Lunar New Year holiday but also to rising inflationary pressures in China?s economy. |
| Thousands of Clients Had Data Stolen, HSBC Says HSBC said the theft of Swiss client data involved in a recent tax dispute with France was larger than had been acknowledged, involving at least 24,000 clients. |
| BP Gains Access to Brazilian Offshore Fields BP is paying Devon Energy $7 billion for oil and gas assets in Brazil, the Gulf of Mexico and Azerbaijan. |
| Obama to Create Export Promotion Cabinet to Promote Trade The administration?s announcement comes as America?s trade deficit narrowed in January, largely because of a drop in spending on oil and cars and a decrease in exports like airplanes. |
| Dodd to Offer Financial Regulation Bill Without G.O.P. Senator Bob Corker, a Republican on the Senate Banking Committee, called Senator Christopher J. Dodd?s announcement on Thursday ?very disappointing.? |
| Safety Regulator Plans Closer Look at Electronics in Cars The National Highway Traffic Safety Administration will also explore whether data recorders should be mandatory in all cars. |
| Initial Jobless Claims Fall for 2nd Straight Week A new report on weekly filings for first-time jobless claims was the latest indication of a slow recovery in the labor market. |
| A.I.G.'s Sale of Its Taiwan Unit in Regulatory Limbo Officials are investigating whether the buyers are funded by China, a historical foe of the island nation. |
| Pink Floyd Wins Court Battle With EMI Over Downloads The court ruling prevents the record company from selling single downloads on the Internet from the group's concept albums. |
| Airline Group Halves Forecast for Losses in 2010 The International Air Transport Association said passenger traffic was increasing due to a stronger-than-expected economic recovery in emerging markets. |
| Wall Street Manages Higher Close for Third Day Indexes traded within a narrow range amid concerns of an overheating Chinese economy and after jobless filings in the United States fell less than expected. |
| New Strike Paralyzes Greece For the second time in two weeks, a general strike closed public services, halting all flights and most transport across the debt-plagued country. |
| Bank of China Plans New Share Offering Bank of China said it wants to issue more shares in Hong Kong soon, an offering that could strengthen its balance sheet by some $7.7 billion. |
| Japan Revises Fourth-Quarter G.D.P. to Show Smaller Growth Japan?s economy grew less than initially estimated in the fourth quarter, and a measurement of price trends hit a record low, adding to pressure on the Bank of Japan to ease monetary policy. |
| Northrop Withdrawal Brightens Boeing?s Future Boeing will now have some welcome certainty about its future as a major builder of military aircraft. |
| Gary Gensler?s Conversion to Financial Reformer Gary Gensler, head of the Commodity Futures Trading Commission, is the leading contender to oversee the instruments that played a key role in the financial crisis. |
| A Futures Site Coming to Bet on Movie Ticket Sales A virtual futures exchange is being assembled to allow people to bet money on a film?s box office success. |
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| New York banking gains on London New York and London have been ranked as the joint-top global financial centres according to new research. |
| Obama urges China action on yuan US President Barack Obama has urged China to change its currency strategy to help re-balance the global economy. |
| HSBC in huge Swiss data theft About 24,000 clients of HSBC's private banking operation in Switzerland had personal details stolen, the bank admits. |
| Mexican shakes up world rich list Mexican Carlos Slim overtakes Bill Gates as the world's richest man, according to the Forbes "rich list", with a fortune of $53.5bn. |
| UK house sales 'slow' in 2010 The number of homes sold in England and Wales at the start of 2010 was at a low level, a survey says. |
| 'No decision yet' on BA strikes The union representing BA cabin crew says there will be no immediate announcement about strike dates. |
| 'No giveaway Budget' says UK Chancellor Alistair Darling warns people not to expect a "giveaway" when he unveils his Budget later this month. |
| World airline sector 'recovering' The global airline industry will recover strongly this year, as passenger and freight numbers improve, its trade body says. |
| US trade deficit in surprise fall The US trade deficit narrowed unexpectedly in January as fewer foreign cars and less crude oil were imported. |
| BP to explore for oil in Brazil Oil giant BP announces a $7bn (£4.7bn) deal that will allow it to begin exploring for oil off the coast of Brazil. |
| VW and BMW report lower profits German carmakers Volkswagen and BMW report falling profits after the global downturn hit demand for cars. |
| Japan's economic growth rate cut Japan's economy grew by less than first estimated in the final quarter of 2009, revised government figures show. |
| Feathers fly: Bank of America sorry for confiscating parrot Bank of America has apologised to a woman in Pennsylvania after one of its contractors entered her house and confiscated her parrot. |
| Daihatsu recalling cars in Japan Carmaker Daihatsu, a subsidiary of Toyota, is recalling 274,551 vehicles in Japan because of a number of possible defects. |
| Toyota rejects electronics fears Toyota rejects claims that faulty electronics could be behind its worldwide recall of more than eight million cars. |
| Red Knights get advisers for bid The Red Knights group eyeing a possible bid for Manchester United says investment bank Nomura will advise it. |
| HMRC ready to back Pompey set-up The validity of Portsmouth's administration will not be challenged by HM Revenue & Customs, the BBC learns. |
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| Fighting poverty How Malawi hopes social enterprise will help |
| Start young How to build confidence for later success |
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| Pinera sworn in as new quake hits Sebastian Pinera is sworn in as president of quake-hit Chile, as a 6.9-magnitude aftershock strikes the centre of the country. |
| Iraq results point to tight race First results from Iraq's election suggest a tight contest may be developing between PM Nouri Maliki and main rival Iyad Allawi. |
| Web censure 'curbs human rights' Freedom of expression on the web has been curtailed in 2009, the US state department says in its annual human rights report. |
| Turkey and Sweden in genocide row Turkey withdraws its ambassador to Sweden after the parliament votes to describe as genocide the killing of Armenians in WWI. |
| Russians jailed over race murder Nine members of a Russian white supremacist group are jailed for up to 22 years in connection with the killing of an African man. |
| Drogba is African Footballer of Year Ivory Coast and Chelsea striker Didier Drogba is named African Footballer of the Year. |
| Greeks stage fresh general strike Greek public and transport services grind to a halt and clashes break out during a third strike over austerity measures. |
| Biden tries to ease Mid-East row US Vice-President Joe Biden says Middle East peace talks must resume, despite a row over Israeli settlement plans. |
| Pink Floyd win EMI court ruling Rock legends Pink Floyd win a court battle with record label EMI over online royalties and how their music is sold online. |
| US school prom axed as lesbian student asks to bring girlfriend A student at a high school in Mississippi says the school board cancelled her school's prom rather than let her attend it with her lesbian girlfriend |
| Scientists crack mystery of half-cock chicken Researchers in Edinburgh say they have solved the mystery of why some chickens hatch out half-male and half-female. |
| Liverpool sunk by late Lille goal Liverpool face an uphill task to progress from the last 16 of the Europa League after Eden Hazard's goal gives a lively Lille side a 1-0 first-leg lead. |
| England to make late Broad call England will make a last-minute call on the fitness of Stuart Broad for the first Test against Bangladesh in Chittagong. |
| Can US broker Middle East peace? Joe Biden is in the region to encourage talks between the Palestinians and Israel. What can be achieved? |
| BBC World News |
| Bosnian fallout Pressure on UK after arrest of ex-Bosnian president |
| Between friends US and Israel dodge settlement confrontation |
| Net billionaires Who has profited from the web's biggest sites? |
| Parched island Politicians look away as Cyprus dies of drought |
| 'Jihad Jane' Profile of Colleen LaRose, charged with terror offences |
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| 'Console killer' launches in June A gaming service that aims to kill off the traditional gaming console will begin streaming games over the net in June this year. |
| Web censure 'curbs human rights' Freedom of expression on the web has been curtailed in 2009, the US state department says in its annual human rights report. |
| Telegraph poles to take broadband Virgin Media has begun trials of technology to deliver high-speed fibre-optic broadband over telegraph poles in the UK. |
| Tories pledge 'fastest broadband' The Conservatives say they will make Britain the first country in Europe to have widespread super-fast broadband. |
| Sony shows off motion controller Sony reveals details about its new motion controller the PlayStation Move, as a contender to market leader Nintendo Wii. |
| Mobile phone allows boss to snoop Mobile technology that could allow prying bosses to monitor every movement of their staff is developed in Japan. |
| Internet up for Nobel Peace Prize The internet is among a record 237 individuals and organisations nominated for this year's Nobel Peace Prize. |
| Facebook calls for 'iconic games' Facebook calls on game designers to make an iconic title, such as Mario or Halo, specifically for the social network. |
| File-sharing sanctions 'unfair' Illegal file-sharers should be fined, rather than have their internet connection cut off, says the boss of BT. |
| Farming future The dawning age of the agricultural automatons |
| dot.Rory New skirmishes in war of Daily Mail v the internet |
| Mobile clinic Phones transform healthcare in the developing world |
| Vital statistics Explore the inner workings of the web and its growth |
| dot.Maggie Gaming pioneers finds the old magic returning |
| Final Fantasy Costumed fans queue for launch |
| Hard drive evolution could hit XP Hard drives are about to undergo one of the biggest format shifts in 30 years but it could cause problems for Windows XP users. |
| Porn domain name plan revived A plan to create a .xxx net domain for adult content will be revisited three years after it was rejected by internet regulators. |
| Nanotech 'fuse' for novel battery A never-before-seen reaction in nanotubes could make for batteries that pack a mighty punch, say researchers. |
| Banking fraud 'moves to internet' Fraudsters are continuing their switch from traditional card fraud to raiding online bank accounts, research suggests. |
| Games migrate to the social side The merging of social networks and games is set to dominate this year's Game Developers Conference in San Francisco. |
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| Exxon's growing reliance on expensive oil Exxon Mobil outlined plans Thursday that rely heavily on oil from tough to reach places, extracting it from the depths of the ocean, the frozen Arctic and the tar sands in Canada's frozen tundra. |
| Salvaged GM dealers in limbo The 661 axed auto dealers General Motors is offering to reinstate aren't ready to pop the champagne just yet. They're still waiting to find out about the terms they'll have to meet to regain their franchises. |
| Finally! Good news from credit card industry Recently card holders have seen interest rates increase, new and higher fees. and fewer reward programs. |
| Some nurses paid more than family doctors Despite the growing shortage of family doctors in the United States, medical centers last year offered higher salaries and incentives to specialist nurses than to primary care doctors, according to an annual survey of physicians' salaries. |
| GMAC: The scariest zombie Now that Citigroup and AIG are rolling in the bucks, GMAC is looking like the most egregious zombie bank of them all. |
| Citi's Pandit aims for $20 billion in profits Citigroup CEO Vikram Pandit offered a bold outlook for his troubled firm Thursday, saying he hoped his company would soon be able to deliver profits of approximately $20 billion. |
| It's a small (cap) world after all Want to know if all this talk of an economic recovery is for real? Don't think big. Think small. |
| Households recovering from economic freefall The net worth of American households increased slightly during the final three months of 2009, the Federal Reserve said Thursday. |
| Fast food chains face tomato famine Fast food joints are scrambling to find alternate sources for one of America's favorite sandwich toppings after a winter freeze took a huge bite out of Florida's tomato harvest. |
| Welcome to Detroit, Mr. Whitacre The honeymoon is officially over. |
| Long-term debt prices rise after auction Long-term U.S. debt prices rose Thursday after a government auction of $13 billion in 30-year bonds. |
| Pink Floyd wins lawsuit with EMI over downloads Pink Floyd won a legal battle Thursday against EMI that prevents the band's long-time record label from selling individual songs online. |
| Financial reform bill coming from Democrats Senate Democrats on banking panel plan to release and start working on a financial overhaul bill next week, without Republican support. |
| Brighter outlook for international airlines The international airline business is improving, said an industry group Thursday, and while losses are still expected for 2010, they should be half the size previously forecast. |
| Stocks manage gains Stocks gained Thursday, erasing earlier losses to lift the Nasdaq and S&P 500 to 18-month highs as investors eyed the day's jobs and trade news and the direction of the U.S. dollar. |
| Trusting science on climate change Those beating the global warming drum have sure taken a few lumps lately. |
| Oil inches higher Oil prices eked out gains Thursday, as the risk of an overheated Chinese economy and higher continuing jobless claims stifled traders. |
| The new me I like myself pretty well. I've done okay as me. But it came to my attention recently that I was up for a redesign. These things are scary at first, but as they go along, they start to get exciting. Businesspeople are like sharks, not just because we're gray and slightly oily, or because our teeth trail the innards of those we have eviscerated, but because we must move forward or die. |
| Living on a freelancer's budget Chris and Janie Peterson have an enviable life. They own a lovely 3½-bedroom ranch house just outside Minneapolis and have work schedules flexible enough to allow them lots of time with their children, Reece, 10, Cecily, 9, and Georgio, 7. |
| Why the U.S. can't inflate its way out of debt It's dawning on people that getting a handle on burgeoning U.S. debt will be a long and hard process. |
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| A Food Fight for Chávez With his popularity sagging, Venezuela's fiery President is seizing supermarkets. Can he keep stores stocked? |
| Chavez No Challenge to Mendoza’s Fortune Venezuelan President Hugo Chavez?s ?21st Century Socialism? is failing to rein in billionaire Lorenzo Mendoza. |
| Quake Shakes Pinera’s Plan to Spur Chile Sebastian Pinera was inaugurated as president today minutes after powerful earthquakes shook buildings in Valparaiso and Santiago, stirring memories of last month?s devastating 8.8-magnitude temblor. |
| Dodd to Unveil Own Financial Rules Overhaul Senate Banking Committee Chairman Christopher Dodd said he will release his version of legislation to overhaul financial rules, signaling that talks on a compromise have collapsed |
| House, Senate Leaders Agree on Health U.S. House and Senate leaders have agreed on legislative language to push forward President Barack Obama?s proposed overhaul of the nation?s health-care system, a top House Democrat said. |
| Obama’s Trade Goal Fights Clean-Energy Plan President Barack Obama?s goals of boosting U.S. exports and combating climate change are colliding as the U.S. Export-Import Bank expands financing for oil, gas, mining and power-plant projects |
| Bull Market Believers Three money managers who called the turn in March 2009 see big gains ahead; a fourth dissents |
| Small Investors Remain Wary After 69% U.S. Stock Bounce Individual investors have largely stayed on the sidelines of the current rally. What will lure them back? |
| Immelt: GE Has ‘Added Back’ Employees General Electric Co. is hiring back workers as the U.S. economy has begun to expand and growth in emerging markets has continued unabated, Chief Executive Officer Jeffrey Immelt said. |
| U.S. to Focus on Getting Mideast Talks Started After Biden Flap The U.S. will try to keep a new round of Middle East peace talks on track after containing a diplomatic flap over Israeli home construction in east Jerusalem that marred Vice President Joe Biden?s trip to the region. |
| Australian Home Prices to Keep Rising on Shortage, Council Says Australian home prices will keep rising due to a building and land shortage, according to a unit of the Property Council of Australia. |
| N.Y.’s Cuomo Appoints Former Judge to Oversee Probes (Update2) New York Attorney General Andrew Cuomo removed himself and appointed Judith Kaye, the state?s former chief judge, as an independent counsel to oversee investigations related to the conduct of Governor David Paterson. |
| Harry Reid’s Wife Suffers Broken Back, Neck in Auto Accident U.S. Senate Majority Harry Reid?s wife suffered a broken neck and back in an auto accident today though her injuries are not life-threatening, his spokesman said. |
| Japanese Stock Futures Rise on BOJ Speculation; Australia Gains Japanese stock futures rose on speculation the central bank will loosen monetary policies and after the yen weakened. Australian shares gained. |
| Hong Kong Homes Set for ‘Another Good Year,’ Sun Hung Kai Says Hong Kong?s home market may see ?another good year? in 2010 as buyers remain financially sound, according to Sun Hung Kai Properties Ltd., the world?s biggest developer by market value. |
| GMAC’s Chief Said to Get $9 Million in Stock, No Cash (Update1) Michael Carpenter, GMAC Inc.?s chief executive officer, will get a 2010 pay package of about $9 million entirely in stock, and some or all won?t vest until later years, according to a person with direct knowledge of the matter. |
| Experts Talk Trade Gap, Claims, China's Inflation What Wall Street economists and strategists had to say about key developments on Mar. 11 |
| Stock Picks: CA, Bed Bath & Beyond, Dr Pepper, Hot Topic Wall Street analyst opinions on stocks making headlines in Thursday's market |
| Software Industry Loses Patience with China The Business Software Alliance complains to Washington about Beijing's policies |
| Experts Talk Budget Deficit, Wholesale Trade, Housing What Wall Street economists and strategists had to say about key developments on Mar. 10 |
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| Cuomo to Recuse Himself From Paterson Investigations Andrew M. Cuomo, the New York attorney general, said he would appoint an independent counsel to take over his office?s investigation into two matters involving Gov. David A. Paterson. |
| Opponents File Challenges as Maliki Is Said to Hold Early Edge in Iraq Vote Protests by opponents of the prime minister appeared to delay the announcement of the preliminary results and could undermine public acceptance of the outcome. |
| Aqueduct Casino Deal is Dead Gov. David A. Paterson's office said Aqueduct Entertainment Group would not be awarded a contract to build and run a casino at the Aqueduct racetrack. |
| Holder Failed to Disclose Brief on Detainee Policy A Justice Department spokesman said the omission by Attorney General Eric H. Holder Jr. during his confirmation hearings was inadvertent. |
| Ground Broken on Atlantic Yards Project After years of delays and lawsuits, officials broke ground on the $4.9 billion Atlantic Yards project near Downtown Brooklyn. |
| Patchwork Retirement Plan Adds to Greece?s Debt Woes Greece?s retirement plan, which lets 14 percent of its work force retire early, has become divisive in Europe. |
| Top Obama Priorities Collide as Student Loan Legislation May Be Attached to Health Care Top Democrats are fighting to attach the proposed overhaul of student lending to health care legislation. |
| Dodd to Offer Financial Regulation Bill Without G.O.P. Senator Bob Corker, a Republican on the Senate Banking Committee, called Senator Christopher J. Dodd?s announcement on Thursday ?very disappointing.? |
| Georgetown 91, Syracuse 84: Syracuse Has a Scare in Loss to Hoyas Syracuse center Arinze Onuaku left with an injury but is expected to be back for the N.C.A.A. tournament. |
| Reid?s Wife and Daughter in Accident Senate Majority Leader Harry Reid?s wife and daughter were being treated from serious injuries they sustained when their vehicle was rear-ended, a spokesman said. |
| Biden Leaves Mideast Amid Unease Uncertainty over talks with the Palestinians seems to have grown during the vice president?s visit. |
| Woman Killed by Train at 77th Street, Police Say A woman was crushed to death between a subway train and the platform at the 77th Street station of the No. 6 train on Thursday afternoon, the police said. |
| Aftershock Measuring 6.9 Shakes Chile During Inauguration An earthquake hit central Chile on Thursday as the inaugural ceremonies for the new president were under way. |
| Reyes Prescribed Rest for Thyroid Mets shortstop Jose Reyes is likely to start the season on the disabled list, missing two to eight weeks, his agent said on Thursday. |
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