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| Dow gains for 8th straight day; Palm sinks late NEW YORK (Reuters) - The Dow industrials rose for an eighth consecutive session on Thursday, lifted by a rise in Boeing's stock, while a mixed group of economic figures kept the broader S&P 500 in check.
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| Lehman says Barclays got $13 billion windfall in sale NEW YORK (Reuters) - Lehman Brothers Holdings Inc fired new allegations at Barclays Capital Inc on Thursday, saying the British investment bank got a $13 billion "windfall" profit from its deal to buy Lehman's U.S. brokerage in September 2008.
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| Fed officials warn against loss of bank oversight WASHINGTON (Reuters) - Four top Federal Reserve officials urged Congress on Thursday not to strip the U.S. central bank of the authority to supervise small banks, saying they would lose an important finger on the pulse of the economy that helps them guide monetary policy.
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| Viacom, Google accuse other of YouTube hypocrisy NEW YORK/SAN FRANCISCO (Reuters) - Viacom Inc accused Google Inc of turning a blind eye to illegal video clips on its YouTube site in a bid to attract viewers, according to court documents released on Thursday.
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| Greece ups stakes in quest for EU help BRUSSELS/ATHENS (Reuters) - Greece raised the stakes on Thursday in its quest for EU help to tackle its debt crisis, saying it cannot achieve promised deficit cuts if its borrowing costs remain so high and may have to call in the IMF.
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| Data points to modest recovery, muted inflation WASHINGTON (Reuters) - Labor market and consumer prices data on Thursday showed the U.S. economy is on a moderate growth path and inflation pressures are contained, backing up the Federal Reserve's vow to keep benchmark interest rates ultra-low for some time.
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| Obama signs $17.6 billion jobs bill WASHINGTON (Reuters) - President Barack Obama signed into law a $17.6 billion jobs bill on Thursday and sounded an optimistic note about the U.S. economy, saying it may soon begin adding jobs instead of losing them.
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| Palm revenue forecast lower than analyst estimates NEW YORK (Reuters) - Palm Inc warned that revenue for the current quarter would be far below Wall Street's expectations, after tepid demand for its smartphones left wireless carriers with piles of excess inventory.
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| PNC's Rohr gets $18 million, pay up by half in '09 NEW YORK (Reuters) - Fresh off repaying U.S. taxpayers, PNC Financial Services Group said on Thursday it gave Chief Executive James Rohr an $18 million pay package for 2009, according to a regulatory filing.
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| Website's instant posts of Wall Street research banned NEW YORK (Reuters) - A Manhattan federal judge on Thursday barred the financial news service Theflyonthewall.com from issuing immediate news about Wall Street analyst research, often before recommendations are shared with clients.
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| Healthcare bill to cut deficit: CBO WASHINGTON (Reuters) - Congressional budget analysts said on Thursday a broad healthcare overhaul would cut the U.S. deficit over 10 years and sharply expand insurance coverage, boosting the momentum for final passage in the House of Representatives. |
| Israel and U.S. seek to defuse settlement dispute JERUSALEM/MOSCOW (Reuters) - Israel tried to defuse a dispute with the United States on Friday over plans to expand settlements, saying it would propose "confidence-building" steps to the Palestinians to encourage a renewal of peace talks. |
| Chicago man pleads guilty in Mumbai attack CHICAGO (Reuters) - A Chicago man pleaded guilty in court on Thursday to scouting targets for the 2008 assault on Mumbai that killed more than 160 people, including six Americans. |
| Obama backs "framework" to revamp immigration WASHINGTON (Reuters) - President Barack Obama, under pressure to keep a campaign promise to revamp U.S. immigration policy, embraced a "promising, bipartisan framework" on Thursday offered by two senior senators. |
| Brewing tensions between the Tea Party and GOP MANISTEE, Mich./WACO, Texas/WASHINGTON (Reuters) - Some Tea Partiers say they can pinpoint the precise moment when they made it clear to the Republican Party they had no intention of being its lapdog. |
| Obama scraps Asia-Pacific trip for healthcare push WASHINGTON (Reuters) - Bowing to political pressure at home, President Barack Obama on Thursday scrapped his trip to Indonesia and Australia next week to stay in Washington for a final push for a healthcare overhaul. |
| "Jihad Jane" pleads not guilty to terrorism PHILADELPHIA (Reuters) - A Pennsylvania woman who called herself "Jihad Jane" pleaded not guilty on Thursday to charges of providing material support to terrorists and conspiring to kill in a foreign country. |
| U.S. says driver error possible in NY Prius crash WASHINGTON (Reuters) - U.S. safety officials believe driver error may be behind the crash in New York of a Toyota Motor Corp Prius that has been investigated as a possible case of unintended acceleration, federal investigators said on Thursday. |
| Domestic militants harder to profile: experts NEW YORK (Reuters) - The changing face of U.S. homegrown extremism has officials and analysts worried as a growing number of unlikely militants in small-town America radicalize themselves using the Internet and plot attacks at home and abroad. |
| CNN veteran Christiane Amanpour moves to ABC News LOS ANGELES (Reuters) - Veteran journalist Christiane Amanpour was named on Thursday to anchor the ABC News' Sunday morning program "This Week" starting in August, after 27 years as an international correspondent for CNN. |
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| Israel strikes in Gaza after deadly rocket GAZA (Reuters) - Israeli aircraft struck two targets in the Gaza Strip on Friday a day after a rocket fired from the Palestinian enclave killed a Thai worker in Israel, Hamas security officials and witnesses said. |
| Clinton, Russia at odds over Iranian nuclear plant MOSCOW (Reuters) - Visiting U.S. Secretary of State Hillary Clinton on Thursday criticized Russia's plans to start up a nuclear power station in Iran, describing them as premature given uncertainty about Tehran's nuclear ambitions. |
| Chileans' quake knowledge saved thousands of lives SANTIAGO (Reuters) - Chileans' knowledge of earthquakes, combined with the abnormally long time it took for the February 27 quake to reach its crescendo, saved thousands of lives, a leading geophysicist said on Thursday. |
| U.S. sanctions Hamas bank, TV station in Gaza WASHINGTON (Reuters) - The U.S. Treasury imposed sanctions on Thursday against two firms in Gaza -- Islamic National Bank and Al-Aqsa Television -- for their ties to the ruling Hamas movement. |
| World Bank OKs record $1.05 billion for Indian schools WASHINGTON (Reuters) - The World Bank on Thursday approved a record $1.05 billion credit line to help get more children into schools in India, the largest ever investment in education by the poverty-fighting institution. |
| Obama's Jakarta home district sees shift in Islam JAKARTA (Reuters) - Some things in the central Jakarta district of Matraman have barely changed since the late 1960s, when United States President Barack Obama lived and played there. |
| Yemen to free rebel prisoners, clashes hit south SANAA (Reuters) - Yemen will free northern Shi'ite rebel prisoners within days under a truce to end a war that drew in Saudi Arabia last year, an official said on Thursday, while clashes with armed separatists erupted in the south. |
| Thai protesters vow prolonged rally to force elections BANGKOK (Reuters) - Protesters in Bangkok vowed on Thursday to prolong a mass anti-government rally to force Thailand's government to call elections, despite doubts the mainly rural movement had what it takes to sustain the rally. |
| Myanmar deports jailed Burmese-American activist BANGKOK (Reuters) - Army-ruled Myanmar deported a Burmese-American activist on Thursday after sentencing him last month to three years in prison for forgery and immigration offenses. |
| Israel attack on Iran could ignite Middle East: Hezbollah BEIRUT (Reuters) - Violence could spread across the Middle East with Israel paying a "heavy price" if it launched military action against Iran, the deputy leader of Hezbollah said on Thursday. |
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| Summers Slams Boehner's 'Punk Staffers' Comment Lawrence H. Summers, the director of the National Economic Council in the Obama administration, Mr. Summers publicly criticized comments apparently made by the House Republican leader, John A. Boehner, who urged bankers to stand up to "little punk staffers" on Capitol Hill. |
| Judge Bans Site's Quick Posts of Wall St. Research A federal judge banned TheFlyontheWall.com from issuing immediate news about analysts' reports from Wall Street firms, often before that information was shared with the firms' clients. |
| Lehman Now Seeks $11 Billion From Barclays Lehman Brothers, which is being liquidated in bankruptcy, said Thursday that it was now seeking a total of $11 billion from Barclays of Britain, including a $5 billion "windfall" that the firm contends Barclays received when it bought Lehman's North American brokerage. |
| Another View: A Primer on Asset Manager Spin-Outs Another View: Ashvin Rao of Lehman Brothers Holdings and Jane McDonald and Christopher Machera of Weil, Gotshal & Manges examine the complexities of spinning out asset management businesses. |
| Greenspan: The Fed Failed to Gauge the Bubble In his most detailed examination of the causes of the financial crisis, Alan Greenspan, the former Federal Reserve chairman, acknowledges that the Fed failed to grasp the magnitude of the housing bubble but argued that its policy of low interest rates from 2002 to 2005 did not cause the bubble, The New York Times reported Thursday. |
| Jerome B. York, Key Adviser on Auto Deals, Dies at 71 Jerome B. York, the sharp-eyed financial expert who warned General Motors of a looming financial disaster and aided the billionaire investor Kirk Kerkorian in efforts to drive up the price of Chrysler stock, died Thursday. He was 71. |
| Germany Backtracks on European Rescue for Greece The onus for resolving Greece's financial crisis appeared to move closer to the International Monetary Fund on Thursday, as Berlin distanced itself from any bilateral or European support for the Greek government. |
| Deutsche Bahn Mulls Cash Offer for Arriva Deutsche Bahn, the company in charge of German railways, said Thursday that it was in talks with the British transport firm Arriva about a possible acquisition. |
| Warren Buffett Rocks Out Warren E. Buffett has long been regarded as the biggest rock star in the financial world. But in a video made by employees of Geico, he decides to just rock out. |
| Boehner to Bankers: Stand Up to 'Punk' Staffers Opponents of Senator Christopher J. Dodd's financial regulation overhaul bill are talking tough, telling members of the American Bankers Association how displeased they are without mincing words, with the House minority leader going so far as to call members of Senator Christopher J. Dodd's team "little punk staffers." |
| Irish Police Said to Arrest Former Head of Bank The former chairman of Anglo Irish Bank, Sean FitzPatrick, was arrested Thursday in connection with an investigation into financial fraud, The New York Times reported, citing a person close to the investigation. |
| Huge Dai-ichi I.P.O. Could Lift Japanese Market If things go according to plan, the Japanese insurance group Dai-Ichi Mutual Life would on April 1 stage the world's largest stock market debut since Visa's listing two years ago, raising around $12 billion. |
| U.K. Regulator's Plan Puts It On the Attack The Financial Services Authority, Britain's securities regulator, said that it would hire more than 400 staff to step up supervision of the largest financial institutions and would require an almost 10 percent increase in its annual budget, in a plan for this year and next released Wednesday. |
| Investors Interested in GMAC's ResCap Some big name investors are kicking the tires of GMAC's troubled residential mortgage unit, Residential Capital, Reuters reported. |
| Greece Says Cuts Threatened if EU Doesn't Help Greece's prime minister warned his European Union partners on Thursday that he would not be able to make planned deficit cuts unless the country can borrow money more cheaply -- and said he would prefer not to have to turn to the International Monetary Fund for help, Reuters reported. |
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| Germany Backtracks on Europe Rescue for Greece The onus for resolving Greece?s financial crisis moved closer to the I.M.F., as Berlin distanced itself from any bilateral or European support for the Greek government. |
| Russia?s Nuclear Industry Seeks to Profit From Alternative Fuels But the latest Russian effort to capitalize on the green reputation of nuclear power is drawing criticism as potentially dangerous. |
| Dow Keeps Streak Alive on a Mixed Day Stocks flipped between gains and losses for much of the day as traders weighed a batch of mostly positive economic reports. |
| Teva Buys German Drug Maker for $5 Billion The acquisition of Ratiopharm catapults Teva, the global leader in generic drugs, from fifth place among German generic players to the No. 2 spot. |
| U.N. Rejects Export Ban on Atlantic Bluefin Tuna Delegates at a conference on endangered species in Doha, Qatar, rejected the U.S.-backed measures. |
| Palm?s Loss Widened in Quarter But the revenue for the quarter exceeded Palm?s own gloomy forecast. |
| Citing E-Mail, Viacom Says YouTube Ignored Copyrights The charge was one of many made by Viacom in filings in its copyright lawsuit against YouTube and Google. |
| U.S. Ambassador Calls China?s Currency Stance ?a Real Concern? The American ambassador to China said negotiations in the coming weeks were possible. |
| Police Said to Arrest Former Head of Anglo Irish Bank The former chairman of Anglo Irish Bank, Sean FitzPatrick, was said to be in custody in connection with an investigation into financial fraud. |
| Siemens to Cut 4,200 Jobs From Information Technology Unit Siemens said it wanted to have the conditions in place for its information technology unit to be a standalone operating business by the start of the next fiscal year on Oct. 1. |
| China Accused of Selling Bad Vaccines A newspaper article has reawakened a controversy over whether provincial authorities improperly stored vaccines, rendering them ineffective, and then let them be administered to children. |
| Little Change in U.S. Consumer Prices in February The government?s report indicated that there was little sign of inflation, which enables the Federal Reserve to keep the short-term interest rate at a record low. |
| Huge I.P.O. Could Lift Japanese Market Dai-Ichi Mutual Life plans the world?s largest stock market debut since Visa?s listing two years ago, which should provide a welcome boost for the Japanese market. |
| Europe Grumbles as Germany Demands Fiscal Discipline Some argue that severe cuts in public spending to whittle down euro-zone deficits could send unemployment rates surging and bring down governments. |
| To Fill Budget Gaps, ?Stealth? Taxes Are Creeping Up For tax officials, indirect levies ? or stealth taxes ? are stable, less prone to be avoided and easy to collect. |
| State of the Art: Playing It Cool With a Jawbone in Your Ear A new phone earpiece strives to be smaller and more stylish than its predecessors. Does it succeed? |
| Google and Partners Seek Foothold in the Living Room A platform called Google TV will bring the Web into the living room through televisions and set-top boxes. |
| 4 Banks Face Fraud Charges in Debt Deals for Milan Four European financial institutions will stand trial for their handling of interest rate swaps acquired by the city of Milan. |
| Japan Eases Monetary Policy to Fight Deflation The Japanese government has urged the monetary authorities to stimulate the economy further by flooding the banking sector with cash. |
| Profit This Year for G.M. Is Possible, Finance Officer Says Christopher P. Liddell also said that a public offering for G.M. was possible this year, but that the company would first need to make a profit. |
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| BA strike talks to resume later Talks between British Airways and the Unite union aimed at averting strike action will resume on Friday morning. |
| UK borrowing less than expected UK borrowing could be less than forecast this financial year after better-than-expected February figures and revised January data. |
| UK to produce Nissan electric car Nissan is to build its new electric car, the Leaf, in Sunderland, safeguarding hundreds of jobs, the Japanese firm announces. |
| US consumer prices show no rise US consumer prices showed no increase between January and February, according to Labor Department figures. |
| Deutsche Bahn confirms Arriva bid Deutsche Bahn, the German national rail company, has confirmed its bid for Arriva, the UK transport group. |
| Dragon breathes fire at non-doms Duncan Bannatyne accuses fellow dragon and non-dom James Caan of having an "unfair" advantage in business. |
| Drugs giant Teva buys Ratiopharm Israeli generic drugs giant Teva buys German firm Ratiopharm for 3.6bn euros (£3.2bn, $4.9bn). |
| Australia warns China on Rio case Australia's prime minister tells China the world will be watching the trial of Rio Tinto employees, which begins next week. |
| Ex-boss of Irish bank arrested The former chairman of Anglo Irish Bank is being questioned by Irish police about alleged financial irregularities. |
| Siemens announces 4,200 job cuts The industrial giant Siemens says it is cutting more than 10% of its IT workforce, but also promises extra investment. |
| Net piracy takes 'toll on jobs' The growth of illegal file-sharing could cost European countries 1.2m jobs and 240bn euros by 2015, an industry report says. |
| Merkel backs eurozone exclusions Germany's chancellor says the eurozone should find a mechanism to exclude a member if necessary amid the crisis over Greece. |
| Erotic filmgoers must pay full tax, EU court rules A Belgian sex shop owner attempting to cut the VAT bill for his film screenings under cultural exemptions is told by the European Court of Justice that solo viewings are excluded. |
| UK to produce Nissan electric car Nissan is to build its new electric car, the Leaf, in Sunderland, safeguarding hundreds of jobs, the Japanese firm announces. |
| California sues Toyota for faults Prosecutors in California are suing Toyota, claiming the carmaker sold hundreds of thousands of vehicles it knew had defects. |
| Call for Olympics tickets clarity London 2012 organisers are urged to be up front about how many tickets will be available and how much they will cost. |
| Pompey deducted nine points Debt-ridden Portsmouth are docked nine points by the Premier League for going into administration. |
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| Money spiders How feeding tourists tarantulas helped street children |
| Amateur attraction Can richer sports learn from Gaelic games? |
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| New US-Russia nuclear deal 'soon' US Secretary of State Hillary Clinton says there is "substantial" progress on a new nuclear disarmament deal with Russia. |
| US health bill 'will cut deficit' Congressional officials say the healthcare bill will cut the deficit by $138bn over 10 years, ahead of a possible vote on Sunday. |
| US man admits Mumbai role US citizen David Headley admits his role in the deadly attacks on Mumbai and plotting to attack a Danish newspaper. |
| Castro supporters heckle marchers Hundreds of Cuban government supporters heckle the "Ladies in White" protesters marking the 2003 crackdown on dissidents. |
| Netanyahu offers 'to build trust' Israel's PM phones Hillary Clinton to say his country will make a "real effort" to help the US restart Mid-East peace talks. |
| Polanski lawyers file new appeal Lawyers for Roman Polanski file an appeal over alleged judicial misconduct in his 1970s US trial for sex with a 13-year-old girl. |
| UN body rejects bluefin tuna ban A US- and EU-backed bid to ban trade in Atlantic bluefin tuna fails, raising fears for the species' future. |
| Kidnapped British boy arrives home Five-year-old Sahil Saeed returns to the family home in Oldham, as three people are charged with his kidnapping in Pakistan. |
| Nigeria recalls Libya ambassador Nigeria recalls its ambassador to Libya after leader Muammar Gaddafi suggested Nigeria be divided into two states. |
| Clue in the claws: New dinosaur species related to Velociraptor Scientists discover a new species of dinosaur that was closely related to the Velociraptor. |
| Fulham earn famous win over Juventus Fulham produce a stunning second-leg comeback against nine-man Juventus to make the Europa League quarter-finals. |
| Woods strategy surprises Nicklaus Jack Nicklaus says he is surprised by Tiger Woods' decision not to play any events before his Masters comeback. |
| Do unions have too much power? Overseas unions are backing BA strikes, amid a row over Unite's links with Britain's Labour party. What's your reaction? |
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| It's quiz time! Dotcom turns 25 - but what does it actually mean? |
| Earth Watch Tuna defeat carries whiff of cordite and hypocrisy |
| Damage limitation Will the Pope be undermined by child abuse row? |
| Statistic or story? How Pakistan saw the kidnapping of Sahil Saeed |
| Money trail How much good does UK overseas aid do? |
| Security fears But cricket fans still have fun at IPL game in Delhi |
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| Facebook rules out 'panic button' Facebook says it will not install a "panic button" on its main pages for users to report suspected paedophiles, but will develop its existing reporting system. |
| Choice screen gives browser boost Web browser Opera says its downloads in Europe have doubled since Microsoft began offering a choice. |
| Spammers survive botnet shutdowns A series of strikes against botnets has not dented cyber criminals' appetite for sending spam, say security experts. |
| Hacking "fun" for British teens Teenagers try to get into each other's online accounts despite knowing it is wrong, according to a new survey. |
| Web inventor calls for open data Countries should be judged on their willingness to open up public data, the inventor of the world wide web tells the BBC. |
| UK 'can cope with cyber attack' The UK is "reasonably well placed to cope" with a large scale cyber attack, a report by a group of peers has said. |
| O2 condemns file-sharing letters The mobile network condemns a law firm for sending letters to alleged illegal downloaders, including its own customers. |
| Mobile application sales explode The global economy for mobile applications will explode over the next two years into a $17.5bn industry, a study suggests. |
| Net piracy takes 'toll on jobs' The growth of illegal file-sharing could cost European countries 1.2m jobs and 240bn euros by 2015, an industry report says. |
| dot.Rory Data czar to politicians: I'm watching you |
| Merged worlds Networks blur the divide between public and private |
| Disconnected UK Meeting the people living behind the digital divide |
| 'Hacktivism' Activists are using the tools of hacking to make their point |
| Top 100 sites Explore the biggest websites and what do they do |
| Farming future The dawning age of the agricultural automatons |
| Google clients seek China plans Firms in China that sell advertising on Google demand clarity about the internet company's plans in the region. |
| Folding plug wins design accolade An innovative folding plug for UK sockets is named as the overall winner at this year's Brit Insurance Design Awards |
| Twitter embeds itself in the web Twitter announces its @anywhere technology that will allow websites to embed its services into their web pages. |
| Broadband plan sent to Congress US regulators send a national broadband plan to Congress in a bid to lead the world in the provision of super-fast internet. |
| Boom time for cyber crime in US Profits made by cyber criminals in the US more than doubled during 2009 to more than $500m, a report suggests. |
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| Health reform: Where the money will come from Democrats pushing for health care reform are closer to the finish line than ever, but it's not over yet. And the question of cost will remain a central issue in coming days. |
| Student loan reform shares health care fate When the House votes on a health care package this weekend, it will also consider a proposal to make federal government the one-stop-shop to get cheap student loans. |
| One jobs bill down ... what happens next? Now that it's taken its first baby step towards creating jobs, Congress is looking at more measures to spur employment. |
| YouTube and Viacom battle gets nasty A bitter feud between Google's online video site YouTube and media conglomerate Viacom turned ugly on Thursday, as both companies hurled accusations at one another about engaging in deceptive and illegal practices. |
| Greenspan offers a mixed mea culpa Alan Greenspan acknowledged Thursday that U.S. regulators had failed to grasp the magnitude of the financial crisis, but the former Federal Reserve chairman argued that low interest rates were not to blame for inflating the housing bubble. |
| Toyota Tundra recall - it's teeny, tiny this time Toyota Motor Corp., under fire for how it handled its recall of more than 8 million cars has a new problem, but it's a tiny one. The carmaker is recalling two Tundra pick-up trucks. |
| E-voting to kill hanging chads In 2003, Lori Steele watched as Arnold Schwarzenegger became California's governor in a recall. The zeal behind the off-schedule election impressed her. |
| Dollar up on euro as Greece woes resurface The dollar rose against the euro and the pound Thursday following economic reports from the government and amid renewed concern over Greece's debt. |
| When Jerry York shook up GM Jerry York always loved to play the subversive, the man behind the scenes who manipulated the levers of power. |
| Stock price makes Palm sweaty If there were a tournament for smartphone companies like the March Madness men's college basketball championship, Nokia, Apple, BlackBerry maker Research in Motion and Motorola would likely be the top seeds. |
| Treasurys fall as stocks churn Treasurys fell on Thursday as the stock market churned and as investors look ahead to the government's auction of $118 billion in notes next week. |
| Oil drops, as dollar strengthens Oil fell amid a strengthening dollar and continued rise in the stock market. |
| 3 ways to use your tax refund Question: I'm trying to figure out what to do with my $500 tax refund. I'm looking to save for the long-term rather than waste it on a TV. Any suggestions? -- Chez, Colorado Springs |
| Sex.com auction takes a cold shower Buyers lusting after one of the most lucrative domain names in the world, sex.com, will have to wait for their chance to bid on the coveted Internet property. |
| Health care bill to cost $940 billion The non-partisan Congressional Budget Office estimates that the Democrats' revised health care bill will cost $940 billion over the next 10 years, a House Democratic source told CNN Thursday. |
| Dow win streak rises to 8 Buying in select blue chips Thursday propelled the Dow to its eighth straight gain and the highest close in nearly 18 months, but the broader market churned as investors showed some reluctance after the recent rally. |
| Inflation up at 2.1% annual rate Consumer prices in February rose from a year ago amid higher energy costs, but the pace of price increases slowed for the second straight month, the government reported Thursday. |
| Unemployment claims fall The number of Americans filing for initial unemployment insurance fell last week, the government said Thursday. |
| 1.2 million 'unstable' Graco high chairs recalled Graco Children's Products announced Thursday that it's recalling 1.2 million Harmony high chairs because of stability issues. |
| Domestic car brands underrated: J.D. Power A new study gives high marks to more than two dozen vehicle brands for improving their quality in 2010 -- including second-ranked Lincoln and third-ranked Buick -- but said that many of these names suffer from lousy consumer perceptions. |
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| Health Bill Will Cost $940B, Cut U.S. Deficit President Obama's legislation to overhaul the U.S. health-care system will cost $940 billion over 10 years and cut the federal deficit, independent budget experts said |
| Bill Would Add 3.8% Tax on Investment Income Democratic congressional leaders would raise to 3.8 percent the Obama administration?s proposed new Medicare tax on investment income to generate an estimated $210 billion to help fund a health-care overhaul plan. |
| Obama Reschedules Asia Trip for Vote President Barack Obama postponed a planned trip to Indonesia and Australia for a second time to keep up pressure on Congress to act on his health-care plan this weekend, spokesman Robert Gibbs said. |
| Google: Viacom Snuck YouTube Clips Google says Viacom secretly uploaded clips while complaining YouTube violated its copyrights |
| Revenge of the Cable Guys If you think online TV will be free forever, think again. The cable companies have a plan to keep control?and stick you with the bill |
| Top Ten Alternatives to Cable If you want a digital alternative to cable, here are ten to consider. |
| The Coming Wireless Race Plans by Google and others to provide ultrafast broadband may push Verizon, AT&T, and Comcast to accelerate their own deployments |
| Why Bank Stocks Could Vault Higher Investing pros tell Bloomberg BusinessWeek where they're finding opportunities in the sector now |
| Greenspan: Banks May Need 40% Higher Reserves Former Federal Reserve Chairman Alan Greenspan said regulators may need to compel banks to raise capital levels by as much as 40 percent, saying that?s a more effective way to ensure stability than new regulatory rules targeting risk. |
| Arrow Shares Halted Amid Talk of Sweetened Takeover (Update2) Arrow Energy Ltd., the focus of a A$3.3 billion ($3 billion) takeover bid by Royal Dutch Shell Plc and PetroChina Co., had its shares halted amid speculation of a sweetened offer for the Australian gas company. |
| Clinton to Meet Putin After Urging Iran Plant Delay (Update1) U.S. Secretary of State Hillary Clinton, who?ll meet Russian Prime Minister Vladimir Putin in Moscow today, urged her hosts to delay plans to bring a nuclear power station in Iran online. |
| Yuan Poised to Become Reserve Currency, Goldman’s O’Neill Says China?s yuan is destined to become a global reserve currency rivaling the dollar and the euro, as the nation?s economic power increases the currency?s allure, said Jim O?Neill, chief economist at Goldman Sachs Group Inc. |
| Hong Kong Air Pollution ‘Very High’ at Three Roadside Stations Hong Kong air pollution reached ?very high? levels at three roadside stations for a second straight day, prompting a government warning for people with heart and lung illnesses to avoid prolonged stays in heavy traffic areas. |
| Pantech Hires New Execs, Readies to Storm AT&T Wireless handset maker Pantech is bolstering the senior ranks of its U.S. division to help it win more business from AT&T, the No. 2 U.S. mobile phone service provider. South Korea-based Pantech named David Ronis as its chief marketing officer, a newly created position, the company plans to ... |
| Clinton, Netanyahu Discuss ’Atmosphere’ for Talks (Update1) Israeli Prime Minister Benjamin Netanyahu and U.S. Secretary of State Hillary Clinton discussed by telephone possible steps to advance prospects for Middle East peace talks, the State Department said. |
| Papandreou Racing to Cut Greek Interest Rates With Aid Pledge Greek Prime Minister George Papandreou is racing to secure an explicit pledge of European aid and cut his country?s borrowing costs as 20 billion euros ($27 billion) of debt comes due in the next two months. |
| McLaren Aims 200 Mph MP4 at Ferrari Owners Who Seek More Speed McLaren Group said its 200-mile- per-hour MP4 supercar will be pitched to owners of Ferraris, Lamborghinis and other luxury marques seeking to add an even faster model to their fleet. |
| Stock Picks: FedEx, Burger King, Nasdaq, Sirius XM Wall Street analyst opinions on stocks making headlines in Thursday's market |
| Experts Talk Bernanke Testimony, PPI, Labor Slump What Wall Street economists and strategists had to say about key developments on Mar. 17 |
| Congress Challenges China on Falun Gong & Yuan Here?s a strange match: Ron Paul, the Texas Congressman, GOP presidential candidate, libertarian hero and scourge of the Federal Reserve, might now be China?s favorite lawmaker in Washington. Paul was the only member of the House yesterday to vote no on a proposal likely to inflame already strained ... |
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| Democrats Unveil Final Version of Health Bill Democrats unveiled the health care legislation they intend to bring to a vote this weekend, saying that it would more than pay for itself over the next decade. |
| How Health Care Costs and Goals Came Out Right for Obama Building the health care legislation was not a shopping spree, but more like a trip to the local fruit stand with a set amount of money in hand and every item clearly marked. |
| Psychiatrist Says Church Was Warned About Priest A psychiatrist says that the German archdiocese led by the future Pope Benedict XVI ignored his warnings in the early 1980s about a priest accused of sexually abusing boys. |
| Sanford to Pay $74K in Ethics Fines Gov. Mark Sanford has agreed to pay $74,000 in fines to resolve charges that he violated state ethics laws. |
| Polanski Lawyers Cite New Allegations of Judicial Misconduct Roman Polanski's lawyers ask again for case against to be ended, citing fresh allegations of judicial misconduct. |
| Prosecutors Describe ?Hunt? for Hispanic Victim Opening statements were heard in the trial of the young man charged with killing an immigrant on Long Island. |
| Fess Parker, 'Davy Crockett' and 'Daniel Boone' Star, Has Died His television portrayal of Davy Crockett catapulted him to stardom and inspired one of America's greatest merchandising fads, in which hundreds of thousands of children wore coonskin caps. |
| Iran Dispute Becomes Focus of Clinton?s Russia Trip In a tart public clash over Iran, Secretary of State Hillary Rodham Clinton said that the planned opening of a Russian-built nuclear power plant in Iran would send the wrong signal. |
| U.N. Rejects Export Ban on Atlantic Bluefin Tuna Delegates at a conference on endangered species in Doha, Qatar, rejected the U.S.-backed measures. |
| West: Murray State 66, Vanderbilt 65: Murray State 3-Pointer Beats Vanderbilt at the Buzzer Danero Thomas?s fadeaway 15-footer at the buzzer lifted the 13th-seeded Racers to a victory in a first-round game in the West Region. |
| Raids Aim to Find Killers of 3 in Mexico Agents cracked down on a gang in El Paso, Tex., to determine whether it was behind the deaths of three people tied to the American consulate in Ciudad Juarez. |
| Citing E-Mail, Viacom Says YouTube Ignored Copyrights The charge was one of many made by Viacom in filings in its copyright lawsuit against YouTube and Google. |
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