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Few Fled the Companies Constrained by Pay Limits
Of the 104 senior executives whose pay was set by the federal pay regulator in the last two years, about 85 percent are still with the companies, data shows.
Advertising: The ?Jersey Shore? Is Going Global
MTV is promoting its decision to show ?Jersey Shore? in dozens of countries, a gamble that the show?s distinct appeal will stretch far beyond the United States.
Stimulus Plan for Rail Line Between Tampa and Orlando Shows System of Weak Links
A proposed rail link between Tampa and Orlando, Fla., exposes the weaknesses in the two cities? transit systems.
Stocks and Bonds: Drug and Hospital Stocks Lead Markets
Shares fluctuated in a tight range as relief about a health care overhaul bill was tempered by concern about debt problems in Greece.
FA chief executive Watmore quits
Football Association chief executive Ian Watmore resigns after less than a year in the post.
Asian markets mostly higher after US stocks gain
AP - Asian stock markets were mostly higher Tuesday, helped by an overnight rise on Wall Street after the passage of a sweeping U.S. health care measure.
Asian shares up near 2-month peak
Reuters - Asian shares rose on Tuesday and edged back toward a two-month peak hit last week, supported by investor expectations of an ongoing recovery in the world economy, and as tech stocks drew support from gains in U.S. peers.
Oil hovers above $81 as traders eye equity markets
AP - Oil prices hovered above $81 a barrel Tuesday in Asia as investors look to equity markets and crude inventory data later this week for a trading catalyst.
China slams Google censoring move
China says Google's decision to stop censoring search results is 'totally wrong' and violates a promise to abide by Chinese laws.
Boeing criticises Airbus aid plan
Aerospace giant Boeing criticises German plans to give a 1.1bn euro loan to help Airbus develop its A350 passenger plane.
Ofcom in faster broadband effort
Telecoms regulator Ofcom urges UK firms to speed up the roll-out of super-fast broadband.
BA services resume after strike
British Airways is trying to resume normal services after the end of a three-day strike by cabin crew.
'Bank accounts for all' in Budget
UK banks will be legally obliged to provide bank accounts for all, as part of the Budget, the BBC learns.
Japan's Dai-ichi Mutual Life IPO to be biggest since Visa
AFP - Japan's Dai-ichi Mutual Life Insurance Co. is expected to have a market valuation of 15.5 billion dollars after its April 1 initial public offering, the world's biggest since Visa's in 2008.
Asian shares rise toward 2-month peak; techs firm
Reuters - Asian shares inched back toward recent two-month highs on Tuesday as recovering commodity prices boosted shares of resource firms and as tech stocks drew support from gains in their U.S. peers.
National strike staged in France
French public sector workers strike in protest against the government's social and economic policies.
VT agrees to £1.3bn Babcock bid
Defence services company VT Group agrees to a takeover deal from Babcock International.
UK inflation rate starts to fall
The UK inflation rate drops sharply to 3% in February from 3.5% the month before, figures show.
UTV reports £2m fall in profits
Northern Ireland's largest independent television company has launched a second bid to run a regional news pilot in Great Britain.
Mortgage lending 'still subdued'
Mortgage lending to house buyers is still subdued, according to the British Bankers' Association (BBA).
AP analysis: Average county was stressed in Jan.
AP - Worsening economic conditions caused the nation to reach a bleak milestone in January: For the first time since The Associated Press began analyzing conditions in more than 3,100 U.S. counties nearly a year ago, the average county was found to be economically stressed.
UK inflation drops half point to 3 pct in February
AP - Britain's consumer price inflation fell a half point in February to 3 percent, but remained well above the government's annual target of 2 percent, the Office for National Statistics said Tuesday.
Report: Dutch minister says US blocks trade talks
AP - The Dutch economic affairs minister has accused the U.S. government of being the most important hindrance to ongoing global trade talks.
Bertelsmann 2009 net income down 87 pct
AP - German media group Bertelsmann AG says its full-year 2009 net income fell 87 percent to euro35 million ($47 million) as a result of a slump in demand during the economic downturn.
Greece: can keep borrowing from markets
AP - Greece will have no difficulty in raising money on financial markets in the coming months, even at high interest rates, but hopes a commitment of support from the EU will help lower borrowing costs, Finance Minister George Papaconstantinou said Tuesday.
Cairn Energy profit slumps
AFP - Cairn Energy, which recently began pumping oil in India, said Tuesday that its net profit slumped 93 percent to 16.5 million pounds (24.7 million dollars) in 2009.
For Google, a Risky Ploy by Turning Its Back on China
Closing its search service in the mainland is a powerful rejection of censorship, but it means that Google must risk abandoning the world?s largest Internet market.
E.U. Court Gives Brand Owners Right to Challenge Google
The European Union?s highest court ruled that brand owners may have the right to block Google from selling their trademarks as keywords that generate ads on Google?s search engine.
Rio Tinto Trial in China Concludes Second Day
Prosecutors presented evidence to show that employees from the mining giant accepted large bribes and stole commercial secrets from Chinese companies.
New Nintendo Portable Console to Feature 3D Display
Unlike other 3D film and TV technologies, the new machine will not require users to wear special glasses .
Few Fled Companies Constrained by Pay Limits
Of the 104 senior executives whose pay was set by the federal pay regulator in the last two years, about 85 percent are still with the companies, data shows.
Japan's Dai-ichi to Raise Nearly $11 Billion in I.P.O.
The life insurer's listing will be the seventh-largest ever, despite investor nervousness around the globe.
BA cancels flights after strike
British Airways is still being forced to cancel flights as it tries to resume normal services after a three-day strike by cabin crew.
Shell signs gas deal with China
Royal Dutch Shell has strengthened its ties in China after agreeing a 30-year deal to explore for natural gas deposits in the country
Google not guilty in Vuitton row
European court rules that Google did not violate the rights of Louis Vuitton with its adword policy.
Cairn fields bigger than thought
Oil exploration company Cairn Energy says its Indian oil reserves are greater than previously predicted.
FA holds talks after Watmore exit
The Football Association is holding emergency talks on Tuesday after being thrown into turmoil by Ian Watmore's shock resignation as chief executive.
Shades of pale
Profiting from India's skin whitening creams
Arrests in insider dealing probe
Six people are held in a joint insider dealing inquiry by the Financial Services Authority and Serious Organised Crime Agency.
Farmers' trust 'badly let down'
Members of a major dairy co-operative that collapsed causing the loss of more than 1,000 jobs were 'badly let down', members of parliament say.
GMTV rapped over money expert
GMTV was wrong to allow its consumer expert Martin Lewis to promote his commercial website, Ofcom rules.
Rio Tinto exec facing commercial secrets charges
AP - Four Rio Tinto employees were standing trial Tuesday in a closed Shanghai court session on politically sensitive charges of stealing commercial secrets after earlier pleading guilty to taking bribes.
European stocks track Wall Street higher
AP - European stock markets rose modestly Tuesday on the back of an advance on Wall Street and despite ongoing worries about whether an aid package for Greece will emerge at this week's meeting of European Union leaders.
H&R Block provides early March tax returns data
AP - H&R Block Inc. said Tuesday the number of tax returns it has prepared at its retail sites rose 4.3 percent in the first half of March compared with a year ago, but are down 6.3 percent for the tax season as a whole.
Walgreen 2Q profit up as prescription sales rise
AP - Walgreen Co., the largest U.S. drugstore chain, said Tuesday its profit rose 4.5 percent during the fiscal second quarter on a boost in prescription drug sales.
WTO to rule on epic Airbus-Boeing dispute
AFP - The World Trade Organisation is expected to issue a landmark ruling Tuesday on a six-year-old clash pitting US aerospace giant Boeing against its arch rival Airbus.
KB Home posts narrower quarterly loss
Reuters - KB Home on Tuesday posted a narrower quarterly loss, helped by an improved operating environment for homebuilding.
China's Geely expects Volvo deal by month's end
AP - Zhejiang Geely Holding Group expects to wrap up talks on buying Ford Motor Co.'s Volvo car unit by the end of this month, a spokesman for the Chinese automaker said Tuesday.
ROI: Business Schools with Bang for the Buck
BusinessWeek - The continuously rising costs of an already expensive college education, combined with a still-slumping economy, make the return on investment (ROI) that students get from attending one business school over another more important than ever. As parents and college applicants who want to major in business sit down to decide where to go, they have to consider many things -- from the quality of the education they'll receive and the doors it will open to the campus culture and dorms. ...
Europe Lets Google Sell Trademarked Ad Words
The Europe Union?s top court gave Google broad latitude to sell advertising linked to trademarks but the group may have to do more to protect against infringements.
Sales of Existing Homes in U.S. Fall for a Third Month
Sales of previously occupied homes dropped 0.6 percent in February, pushing sales down to the lowest level since last July.
Wall Street Shares Go in Search of Direction
But trading volumes were light as investors, uncertain about aid for Greece, awaited Thursday?s meeting of European Union leaders.
Walgreen Profit Up on Higher Prescription Drug Sales
Second-quarter profit rose 4.5 percent, falling short of Wall Street expectations due to the steep dropoff in flu shots and sales of cough and cold products.
VW shares plunge on stock offer
The share price of German car maker Volkwagen has plunged following a new $6bn (4.5bn-euro) stock offer.
Gates in talks on nuclear power
A company backed by Microsoft chairman Bill Gates is in talks with Japan's Toshiba to develop a new generation of nuclear reactors
British Gas staff vote for strike
British Gas workers vote to strike over grievances with management, the GMB union says.
January existing home sales drop 0.6 percent
AP - Sales of existing homes fell for a third straight month in February, pushing sales down to the lowest level since last July. There is concern that the fragile housing rebound could falter, making it harder for the overall economy to recover.
Stocks climb after home sales top expectations
AP - Stocks are higher after sales of existing homes fell less than expected in February.
Lions Gate rejects latest Icahn bid
AP - Lions Gate Entertainment Inc. rejected on Tuesday the latest bid by activist investor Carl Icahn for control of the film studio, calling the offer too low.
UBS-US deal failure could lead to more tax evasion lawsuits
AFP - UBS and other Swiss banks could be hit by more tax evasion lawsuits if a landmark settlement between UBS and the United States falls through, Switzerland's banking regulator warned Tuesday.
Carnival 1Q profit falls 33 pct; revenue up
AP - High fuel prices dragged down results at cruise operator Carnival Corp., cutting profit by 33 percent, the company said Tuesday.
No giveaways seen in tight UK pre-election budget
AP - Prime Minister Gordon Brown's government will be hamstrung by Britain's perilous financial situation when it delivers its annual budget Wednesday — a key moment in its battle to win voters ahead of a national election.
2 kidnapped oil workers found dead in Nigeria
AP - A trade unionist says two Nigerian oil workers have been found dead in the oil-rich Niger Delta region after being kidnapped 10 days ago.
Europe Says Google Can Sell Trademarks but at a Risk of Suits
The Europe Union?s top court gave Google broad latitude to sell advertising linked to trademarks but the group may have to do more to protect against infringements.
Deal Provides Vaccines to Poor Countries at Lower Prices
Under the agreement, Pfizer and GlaxoSmithKline will provide 300 million doses each of their vaccines over a 10-year period.
Sales of Existing Homes Fell Slightly in February
In a sign that housing prices will remain under pressure, more sellers are putting their homes on the market.
KB Home Narrows Loss
The homebuilder said it saw signs of stability in the housing market.
Carnival beats profit forecasts
Carnival Corporation has fuelled hopes of recovery in the cruise liner industry with profit figures ahead of analysts' forecasts
Rolls-Royce chief
Retiring 43 years after joining as an apprentice
Corus wins £200m pipeline order
A £200m contract to manufacture pipes for a gas field project off Scotland safeguards 250 jobs at Corus in Hartlepool.
Stocks trade in tight range after home sales fall
AP - Stocks made tentative advances Tuesday after sales of existing homes fell less than expected and as a stronger dollar hurt commodity prices.
The Myth of the Baby Tax Credit
U.S. News & World Report - When Jim and Pam, the couple on NBC's The Office, had a baby earlier this year, they might have anticipated a tax benefit for adding another member to their family. Like many couples, after shelling out for the nursery, baby clothes, and delivery costs, they probably hoped for some kind of break from Uncle Sam to compensate them for creating the next generation of citizens. But for the most part, new parents are disappointed by the tax benefits their babies bring and find their new costs far outweigh any savings.
Luxury industry says EU ruling limits Google ads
AP - Luxury goods manufacturers said a ruling Tuesday from the European Union's highest court will stop Google Inc. selling their brand names as advertising keywords to unauthorized sellers or counterfeiters in Europe.
Carnival prospects buoyed by upturn in bookings
AP - More travelers are booking cruise vacations and paying more for the getaways, a welcome sign for an industry that's struggled to keep its cabins full, executives at Carnival Corp. said Tuesday.
Germany sets tough terms for EU help for Greece
Reuters - Germany signaled for the first time on Tuesday that it may accept European financial aid for Greece as a last resort, but only if the IMF helps first and euro zone partners accept tougher budget discipline rules.
Greece: IMF option has been put to the side
AP - Greece said Tuesday that the option of seeking help from the International Monetary Fund had been 'put to one side' in the hope that fellow European countries will this week overcome a political stalemate and agree on support measures.
Trade group: Ohio home sales up 10 pct.
AP - A trade group says last month's snowy and icy weather throughout Ohio did not hurt the state's home sales, which rose 10 percent.
Oil prices drift higher
AP - Oil prices drifted in Tuesday morning trading as higher stock prices waged a tug-of-war with the stronger dollar and signs of lackluster energy demand.
Volkswagen starts new shares issue process
AP - German carmaker Volkswagen AG on Tuesday started the issuance of some 65 million new shares to help finance its integration of sports car maker Porsche.
After China Move, Google Faces the Fallout
Google?s China operations came under pressure as some content from its uncensored Hong Kong site was blocked.
Pfizer and Glaxo to Cut Vaccine Prices for Poor Countries
The agreement, with Pfizer and GlaxoSmithKline, could save as many as 900,000 lives by over the next five years.
Germany Seems to Signal a Compromise on Greece
Berlin indicated that it might allow European aid for Greece but that it would demand tougher budget discipline rules.
France Abandons Plan for Carbon Tax
After months of political rancor and legal obstacles, the French government shelved a plan that had been a cornerstone of President Nicolas Sarkozy?s enviromental policy.
Wall Street Higher, Despite Worries About Housing
Stocks meandered, reflecting the array of opinion about the strength of a recovery for the housing market.
Moore Capital fund raided by FSA
Hedge fund Moore Capital is raided in a joint insider-dealing inquiry by the Financial Services Authority and the Serious Organised Crime Agency.
US home sales fall in slow market
US home sales have fallen for the third straight month, raising concerns about the markets slow recovery.
February existing home sales drop 0.6 percent
AP - Sales of existing homes fell for a third straight month in February, pushing sales down to the lowest level since last July. There is concern the fragile housing rebound is faltering, making it harder for the overall economy to recover.
House takes up bill on infrastructure, tax cuts
AP - Local governments could line up billions of dollars in new construction projects under the latest in a series of election-year jobs bills Democrats are pushing in Congress as unemployment hovers near 10 percent.
APNewsBreak: Ruling finds against Airbus aid
AP - The World Trade Organization ruled that European governments unfairly financed planemaker Airbus' battle against U.S. rival Boeing, officials said, even as the France-based Airbus claimed the decision as a victory.
A Year After the Bottom
The Motley Fool - 'Don't try to buy at the bottom and sell at the top. It can't be done except by liars.' These are the wise words of Bernard Baruch, American economist and advisor to U.S. presidents during both world wars. However, we all still ask, are we likely near a top? I don't think so, but let's examine the evidence.
WTO rules on epic Airbus-Boeing dispute
AFP - The World Trade Organisation issued a landmark ruling Tuesday on a six-year-old clash pitting US aerospace giant Boeing against its arch rival Airbus over an alleged 200 billion dollars of state aid.
KB Home posts wider-than-expected quarterly loss
Reuters - KB Home posted a wider-than-expected quarterly loss on Tuesday as prices and demand for its houses sagged and expenses climbed.
DOJ accuses Daimler AG of paying bribes overseas
AP - The Justice Department has accused Daimler AG of paying bribes to officials of foreign governments.
White House Takes First Steps to Replace Fannie and Freddie
The first step includes seeking comment on the appropriate role of the government in housing policy and housing finance.
An Upside to Greece's Predicament?
Things are so bad that even a little reform would go a long way to stimulate economic growth if the government can maintain public support.
6 Arrested in British Insider-Trading Inquiry
Two senior financial market professionals and a hedge fund employee were among six men arrested in Britain on Tuesday on suspicion of being involved in a sophisticated and long-running insider-trading ring.
W.T.O. Affirms Ruling of Improper Airbus Subsidies
The World Trade Organization?s decision was made against a backdrop of rising tensions over Europe?s claims of protectionism in the Pentagon?s competition for Air Force refueling tankers.
Wall Street Gets a Little Momentum
Shares, which had meandered for much of the day, began to turn higher as the session neared a close.
France backs down on carbon tax
The French government signals that it is dropping a plan for a tax on domestic carbon dioxide emissions.
Pay cuts for US bailed-out bosses
White House pay tsar tells bosses at five bailed-out firms to take a 15% drop in pay after calling AIG's recent bonuses 'outrageous'.
City traders arrested in FSA raid
Three firms named in FSA insider dealing probe - Deutsche Bank, Moore Capital and BNP Paribas - as six people are arrested.
BA boosts flights for next strike
British Airways says it will run more flights through the next planned strike as more crew will report for work.
China slams Google censor move
China attacks Google's decision to stop censoring search results as its long-running row with the US internet giant escalates.
Yellen: record low rates needed to rev up recovery
AP - A Federal Reserve official says record-low interest rates are still needed to energize the economic recovery.
KB Home post 1Q loss; will be profitable in 2010
AP - KB Home trimmed its losses in its fiscal first quarter and the homebuilder said it would be profitable later this year.
Palm's Troubles Are Bad News for Microsoft and Nokia
The Motley Fool - It sure isn't the best of times for Palm (Nasdaq: PALM - News), not after its revival efforts collapsed faster than you can say 'Pixi Plus.' But if misery loves company, then Palm might be in luck: I think the company's failings show why Microsoft (Nasdaq: MSFT - News) will eventually join it on the list of firms whose smartphone comeback plans flamed out. And perhaps Nokia (NYSE: NOK - News) as well.
Airbus claims most of WTO ruling in its favour
AFP - Airbus claimed Tuesday that it won the bulk of a World Trade Organization ruling on a six-year-old clash pitting the European aerospace giant against its arch rival Boeing over state subsidies.
Foreclosure auction for W hotel in NYC canceled
Reuters - A foreclosure auction for the 270-room W New York-Union Square was canceled on Tuesday after the owner of the luxury hotel filed for Chapter 11 bankruptcy protection.
Oil prices drift higher, settle near $82
AP - Oil prices drifted on Tuesday before closing higher, as rising stock prices waged a tug-of-war with the stronger dollar and signs of lackluster energy demand.
Daimler to pay $185 million to settle U.S. bribery probes
Reuters - Daimler AG plans to pay $185 million to settle bribery probes by the U.S. Justice Department and Securities and Exchange Commission, a source familiar with the case said on Tuesday.
Treasury Takes First Steps to Reshape Fannie and Freddie
At a Congressional hearing, Treasury Secretary Timothy F. Geithner said the administration planned to take ?a fresh, cold, hard look? at the government?s role in housing.
An Upside to Greece?s Predicament?
Greece faces several years of austerity measures and social strife, but things may be so bad that a little reform could go a long way to stimulate growth.
Tough-Talking Feinberg Eases a Bit on GMAC
Kenneth R. Feinberg, the Treasury's special master for compensation, talked tough on Tuesday when he approved pay packages for 119 of the top earners at five big companies that have yet to repay government bailout money. Executives at GMAC, however, received a bit more than they were previously told.
Wall Street Gains a Little Momentum at the End
Shares, which had meandered for much of the day, began to turn higher as the session neared a close.
Daimler Accused of Paying Bribes in at Least 22 Countries
The payments were reportedly aimed at assisting in securing contracts with government customers for the purchase of Daimler vehicles.
Former NJ Governor Corzine takes helm of MF Global
AP - Former New Jersey Governor Jon S. Corzine will take the helm of futures and options brokerage MF Global Holdings Ltd., returning to the private sector after nearly a decade in government.
Momentum carries stocks higher; Dow adds 103
AP - Investors are starting to believe that the stock market is on the verge of another big rally.
Mich. gov. shuffles board after errant tax credit
AP - Gov. Jennifer Granholm issued new rules Tuesday requiring a state agency to conduct more extensive background checks before awarding tax credits, after a $9.1 million credit was given to a convicted embezzler on parole.
Unilife 2Q loss widens on charges, revenue decline
AP - Medical safety product maker Unilife Corp. on Tuesday posted a wider loss second-quarter loss than a year earlier as it faced the cost of moving its operations to Pennsylvania from Australia while its revenue fell.
Summary Box: Lawmakers discuss mortgage giants
AP - THE TAKEOVER: Mortgage giants Fannie Mae and Freddie Mac were taken over by regulators in September 2008 and have needed $126 billion in taxpayer aid to keep going.
Dollar climbs as Greece plays down IMF option
AP - The dollar climbed against the euro and the pound Tuesday as Greek officials played down the threat that they will seek help from the International Monetary Fund, while an ongoing stalemate continued in Europe over how to deal with the country's debt crisis.
Geithner, lawmakers spar on mortgage firms' future
AP - The Obama administration is taking baby steps to develop a system that could replace mortgage giants Fannie Mae and Freddie Mac, amid criticism that officials are dragging their feet.
AP sources: Daimler to pay $185M settlement
AP - Car manufacturer Daimler AG will pay $185 million to settle criminal and civil investigations in which the company is accused of paying tens of millions of dollars in bribes to officials of at least 22 foreign governments over the course of a decade, two people familiar with the deal said Tuesday.
MF Global Brings Corzine Back to Wall Street
The former governor of New Jersey agreed on Tuesday to become the chairman and chief executive of MF Global, a brokerage firm, and an operating partner at J.C. Flowers & Company, a private equity firm specializing in financial services companies.
Drug Crackdown Said to Leave Nursing Home Patients in Pain
Nursing home groups prepare to tell a Senate panel that a Drug Enforcement Administration move is depriving frail patients of painkillers.
W.T.O. Rules Against Aid to Airbus Jets
The W.T.O. is also looking into a European complaint that Boeing has benefited improperly from subsidies from its military business.
Wall Street Gauges Soar on Home Sales Data
Shares, which had meandered for much of the day, began to turn higher as the session neared a close.
Deal to Cut Cost of Vaccines for Poor Nations
The agreement, with Pfizer and GlaxoSmithKline, could save as many as 900,000 lives over the next five years.
Square Feet: A Fire Island Pines Landmark Is Changing Hands
For $20 million, a group of investors has bought and plans to upgrade a restaurant, hotel and popular disco overlooking the Fire Island Pines?ferry dock.
Square Feet: Portland, Ore., Renews a Neighborhood for the Homeless
Far from being gentrified, a Portland, Ore., neighborhood is being renovated to provide shelter and services for homeless people.
Daimler Is Said to Pay $185 Million to Settle Charges of Bribery of Foreign Offi
A Justice Department complaint accused Daimler of bribing foreign officials in at least 22 countries.
Economic Scene: In Health Bill, Obama Attacks Wealth Inequality
The bill is the government?s biggest attack on economic inequality since it began rising in the 1970s.
Daimler charged in bribery probe
The US accuses German car giant Daimler of bribing 22 governments in order to win contracts worth tens of millions of dollars.
India appeal
Can India's high-fashion find a broader market?
Pay cuts coming for execs at bailed-out companies
AP - The top earners at five big companies still living on federal bailout money will take a 15 percent pay cut this year, the Obama administration's pay czar says — yet many will still make millions.
Study: Many workers facing high housing costs
AP - A new study shows that housing has become more affordable for nurses, teachers, police and other workers, but suggests homeownership remains out of their reach in many major markets.
Stance by China to Limit Google Is Risk by Beijing
China?s intransigence on the open flow of information has the potential to weaken its connection to the global economy and sully its image.
Success Beyond China Seems Unlikely for Its Online Giants
Lucrative and popular Web sites in China are mainly entertainment-oriented, which may make it hard for them to be as successful outside the country.
Health Law Requires Chains to Post Calorie Counts
A measure in the new health care legislation will create a national policy modeled on a requirement that has already taken effect in New York City.
Corzine, Ex-Chief of Goldman, to Lead MF Global
Mr. Corzine lost his bid for a second term as governor of New Jersey in November.
Britain Raids Moore Capital in Insider Trading Case
A man described as a junior trader for Moore Capital was arrested in the raid, and computers and documents were taken from the company?s London offices.
Advertising: Tap Project Bolsters Its Campaign on Clean Water
For World Water Week, the Tap Project is bringing a greater focus to its ad campaign in search of donations.
Condé Nast Names Stefano Tonchi Editor of W Magazine
Mr. Tonchi, currently the editor of T: The New York Times Style Magazine, said he hopes to make W more accessible to the general public.
E.P.A. to Seek More Data on Emissions
The agency has proposed requiring petroleum facilities that inject carbon dioxide into the ground to report their emissions.
BWP Bats, a Boutique Bat Maker in Pennsylvania, Takes Its Swings
For BWP Bats, which makes 35,000 bats a year at its factory in Brookville, Pa., the challenge is getting the business to grow.
Quarterly Profit Rose 4.5% at Walgreen
Walgreen has reduced the number of items sold at its stores to lower costs and to focus on its most profitable products.
Reuters Breakingviews: Taking Baby Steps on 2nd Mortgages
Banks are slowly starting to agree to modify second mortgages for some struggling borrowers, but it?s not yet enough.
Former Samsung chairman Lee to return to post
AP - Lee Kun-hee, the former chairman of Samsung Electronics who was convicted of tax evasion and later pardoned by South Korea's president, is returning to lead the company after a nearly two-year absence, Samsung said Wednesday.
Japan's exports up 45 percent in February
AP - Japan says exports in February jumped 45.3 percent from a year earlier, fueled by robust global demand for cars and electronics.
Capital Gains Taxes Set To Rise, Crimping Investment, Savings
Investor's Business Daily - Bull markets always have to climb a wall of worry. This one also will have to climb a stairway of tax hikes.
Watchdog report criticizes Obama mortgage plan
AP - A government watchdog is criticizing the Obama administration for establishing a 'meaningless' goal for its flagship mortgage assistance program.
Boeing, Airbus claim victory over WTO ruling
AFP - US aerospace giant Boeing and its European rival Airbus both claimed victory Tuesday over a landmark World Trade Organization ruling on their dispute over state subsidies.
Daimler in deal with US over foreign bribery charges: source
AFP - Daimler will pay some 180 million dollars in fines to settle US allegations that the German automaker habitually paid bribes to win contracts with foreign governments, a source close to the case told AFP Tuesday.
In Greece, Struggling to See Hope
Things are so bad, officials say, that even a little reform would go a long way to stimulate growth.
Senate Panel Questions Former Times Lawyer, a Nominee, on Leaks
Republicans grilled the nominee to be the Army?s general counsel, Solomon B. Watson IV, about two articles disclosing classified information.
E.U. Court Curbs Sales by Google of Brand Names as Keywords
The European Union?s highest court on gave Google broad latitude to sell advertising linked to trademarks on its search engine.
At Rio Tinto Trial in China, Door Closes Tighter
On the second day of the Rio Tinto proceedings, which dealt with commercial secrets, even Australian consular officials were barred from the afternoon session.
Nintendo to Make 3D Version of Its DS Handheld Game
Unlike other 3D film and TV technologies, the new machine will not require users to wear special glasses .
Former Samsung chairman Lee returns to post
AP - Lee Kun-hee, the former chairman of Samsung Electronics who was convicted of tax evasion and later pardoned by South Korea's president, has returned to lead the company after a nearly two-year absence, Samsung announced Wednesday.
BofA to start reducing mortgage principal
Reuters - Bank of America will on Wednesday announce plans to start forgiving mortgage loan principal for troubled homeowners who owe more than 120 percent of their home's value or are battling ever-expanding 'negative amortization' loans.
U.S. securities class-action settlements up 39 percent
Reuters - Settlements of U.S. class-action securities lawsuits rose 39 percent in 2009, and the amounts could rise further as cases stemming from the financial crisis work their way through the courts.
Home loan modification program oversold: watchdog
Reuters - A U.S. program aimed at helping struggling homeowners avoid foreclosure has been oversold by the Treasury Department and is likely to be a failure when it wraps up in 2012, a report from the watchdog overseeing the $700 billion bank bailout said on Tuesday.
Daimler deal with US over bribery charges: source
AFP - Daimler will pay some 180 million dollars in fines to settle US allegations that the German automaker habitually bribed foreign officials, a source close to the case told AFP.
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