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Yahoo! News: Business News
Business News
AP - For the super-rich and everyone else, the economic recovery is taking place in two very different gears.
AP - Historic health care change in the balance, Democrats plowed fresh billions into insurance subsidies for consumers on Thursday and added a $250 rebate for seniors facing high prescription drugs, last-minute sweeteners to sweeping $940 billion legislation headed for a climactic weekend vote.
AP - Major stock indexes ended mixed Thursday on more evidence that the economy is regaining strength at a slow pace.
AP - FedEx says the global economic recovery is broadening, as the U.S. economy gains steam and Asia continues to show strong growth.
Reuters - An Illinois hospital lost its property tax exemption on Thursday, ending a long-fought battle watched by nonprofit hospitals concerned about greater scrutiny of their charity care.
AP - Viacom Inc. and Google Inc.'s YouTube site began airing each other's dirty laundry Thursday, providing a tantalizing peek at the wheeling and dealing that triggered a bitter battle over the copyright laws governing the Internet.
Reuters - World stocks slipped back from recent closing highs on Thursday and the euro fell half a percent against the dollar on worries about Greece not receiving European Union aid.
AFP - The US Treasury on Thursday froze the assets of Gaza-based Islamic National Bank and Al-Aqsa Television, saying they were "controlled" by Hamas which Washington has branded a terrorist group.
AP - Palm Inc. reported sales figures Thursday that showed it's having a difficult time getting consumers to pay attention to its phones in a market dominated by iPhones and BlackBerrys. The company's shares plunged in after-hours trading.
AP - The dollar rose Thursday as Greece warned that it will be forced to turn to the International Monetary Fund if the European Union can't agree to a bailout plan.
AP - Congressional Democrats on Thursday trimmed their original student loan plans, reduced spending for community colleges, and eliminated early childhood money from a broad rewrite of a college aid bill piggybacked on to fast-track health care legislation.
AFP - India on Thursday urged the United States to take the lead in resuming global free trade talks after the EU trade chief lashed out at "protectionism" by President Barack Obama's administration.
AP - Men's clothing seller Casual Male Retail Group Inc. on Thursday reported earning a profit in the fourth quarter as it cut costs to compensate for sales being weak.
U.S. News & World Report - Negative equity--what you have when you owe more on your home loan than the property is worth--is one of the defining features of the still-unfolding mortgage crisis. It's a particularly nasty problem because it can lead to all sorts of unpleasant outcomes for the real estate market and the economy as a whole. Having negative equity, which is also known as being "underwater" on a mortgage, makes homeowners more likely to end up in foreclosure. It restricts a borrower's ability to refinance or buy another home, which in turn stifles demand for housing. ...
AP - COST OF LIVING FLAT: The price of clothing, shelter and other goods was unchanged last month, the government said, as a drop in energy prices offset a rise in food costs.

TIME.com Top Business Stories
Business News, Personal Finance News, Technology News on TIME.com
Microsoft's Bing is sharpening its knives over Google China's potential exit over the search-engine censorship issue, but so are the aggressive, ambitious companies Baidu, Tencent and Sohu.com
In a new video, the billionaire investor becomes the new Axl Rose, even more pained than the original rock star. But, man, does he know how to sell
When technology leaps ahead of business models, it's often bad for profits. Cisco's new router poses just such a threat to the titans of moviemaking
Toyota has raised questions about the runaway Prius incident, but the automaker still hasn't gotten to the bottom of what went wrong
In The Yugo: The Rise and Fall of the Worst Car in History, author Jason Vuic explains why -- despite the book's clever title -- the Yugo isn't the worst car ever
The bidding for a Pentagon defense contract turned political this week when the French company EADS dropped out, accusing the U.S. of rigging the contest to favor Boeing
February retail sales rose 3.9%, the Commerce Department reported Friday. While analysts are encouraged, many remain cautious about the outlook for consumer spending
Any coverage should be good for an Internet start-up, right? Wrong. As Kwedit, a processor of online micropayments, found when The Colbert Report discussed their business model
In the wake of the credit crisis, banks have scaled back lending to subprime borrowers. But other lenders have stepped in, making high-interest-rate loans to borrowers with low credit scores
The media giant is selling its analytical expertise to baseball fans, and Major League Baseball teams. Can a Bloomberg consumer business hit it out of the park?
In her new book, The Economics of Integrity, journalist Anna Bernasek says trust is everywhere -- and that it's one of the most powerful economic assets we've got
New drilling in and off countries up the coast of East Africa shows that the region may have massive reserves of natural gas and oil
More than 3 million Cablevision subscribers couldn't see the opening of the Oscars on Sunday because of a dispute over paying for ABC shows
The E.U. has given the green light to farmers to grow fields of genetically modified potatoes. Is Europe beginning to embrace GM foods?
In many countries nature is quickly sacrificed for wealth creation. But there is a cost to this loss and ignoring it, some experts contend, is "bad accounting."

Latest Business Headlines - CBS News
Read the latest Business headlines on CBS News, covering news stories, videos and pictures of world and US news, as well as news in politics, health, sports and business.
Katie Couric reports on the latest financial news, as Congresses has passed a $20 billion bi-partisan bill designed to create employment for millions of Americans still out of work.

Federal Investigators Say Driver in N.Y. Crash Did Not Apply Brakes, as Claimed

Financial Adviser Ray Martin on Ways to Make Unwelcone Visit to Tax Man Less Likely

457,000 Requests for Benefits Made Last Week; Still Above Economists' Mark for Widespread Hiring to Begin

German Sports Car Brand Earns Top Spot in J.D. Power and Associates Review

Drivers Tell Highway Safety Agency Cars Still Accelerating On Their Own After Recall Repairs

Computer Programmers Charged with Conspiracy and Falsifying Records for Disgraced Financier

As President Obama is about to sign a bill to create jobs, an Indiana town has been desperate for them. Seth Doane returns to Elkhart, Ind., to see how they are doing since the recession.

Congressional Democrats may not have enough votes to enact health care reform, but Sharyl Attkisson reports that a contentious strategy may permit passage of legislation.

President Obama has lobbied House Democrats who are still undecided over an impending vote concerning health care reform legislation. Nancy Cordes reports.

Data Recorder Contains Info on Engine Speed, Pedal Position in Recent Accident; Driver Error Not Ruled Out

Federal Reserve Chair Battles Lawmakers Who Want to Rein in Central Bank's Regulatory Powers

Several Companies Under Investigation for Their Behavior Leading up to 2008 Financial Crisis, Agency Head Says

New Chief Financial Officer Hopes to Repay $6.7 Billion Bailout Funds Before June; Company Received $52 Billion in Gov't Aid

Senate Passes Bill in Bipartisan Vote; Bill Would Give Tax Break to Companies That Hire Unemployed Workers


FOXNews.com
FOX News Channel - We Report. You Decide.
Home Depot is testing a warm-and-fuzzy approach to selling hammers, lighting and garage doors that targets female shoppers.
Pandemic, BioWare to change ownership, join 'Madden' team.
Disney plans to sell a line of products called Disney Garden.
Online encyclopedia to move cross-country in January to hub of tech world.
Retailers' sales rose 0.6 percent last month and gasoline stations turned in their biggest jump in sales since May.
The business software maker confirmed today it offered BEA Systems $17 per share, a 25 percent premium over Thursday's closing price of $13.62.
AT&T Inc. said on Thursday that the head of its wireless unit, Stan Sigman, was retiring, and it appointed Ralph de la Vega as his successor.
State Treasurer Richard Moore has asked the U.S. Securities and Exchange Commission to investigate the timing of stock sales made by the chief executive of mortgage lender Countrywide Financial Corp.

ABC News: Money
In vitro fertilization giveaways in the United States and the United Kingdom in recent days are giving women access to costly treatments.
United States - In vitro fertilisation - Infertility - Health - Reproductive Health
Republican Rep. Jason Chaffetz, R-Utah, wants the federal government to "ferret out" civilian employees who have "seriously delinquent tax debt" and prevent the hiring of other tax delinquents. He introduced a bill in the House earlier this month.
Jason Chaffetz - Republican - Utah - United States - Federal government of the United States
An announcement at a Walmart ordering "black people to leave" stirred emotions.
Wal-Mart - New Jersey - Washington Township Gloucester County New Jersey - Retailing - Police
In this era of corporate shakeups and work-related breakdowns, having a boss disappear in the night like some dissenter in George Orwell's "1984" has become increasingly common. But that doesn't make it any less upsetting or baffling. Nor does it make navigating the resulting political minefield any less tricky.
George Orwell - Crime - Language - Arts - Political Correctness
How the Oracle of Omaha went from being a stockbroker to one of the world's richest people.
Oracle - Databases - Oracle of Omaha - Warren Buffett - FAQs Help and Tutorials
Civilian contractors who were injured or wounded while supporting American troops in Iraq continue to face long battles with insurance giant AIG for payment of their disability claims, despite Congressional inquiries and calls to reform the system that has handled tens of thousands of disability claims from employees of overseas contractors.
United States - Iraq War - Iraq - Insurance - American International Group
Consumer prices were flat last month, fresh evidence inflation remains in check.
Inflation - Business - Consumer Information - Home - Advocacy and Protection
Christiane Amanpour was announced as the new anchor of "This Week," ABC's Sunday morning news program.
Amanpour - Christiane Amanpour - American Broadcasting Company - CNN - Arts
Here's what Tiger Woods needs to do at the Master's to restart his lucrative career and win back corporate approval.
Tiger Woods - Golf - Sport - Golfers - Masters Tournament
Next week the Obama administration official in charge of setting pay at five bailed-out companies is expected to issue his new rulings for this year's compensation packages.
Presidency of Barack Obama - United States - Barack Obama - President - History
Police believe body found in golf course pond is missing Alabama lawyer Major Bashinsky.
Alabama - United States - Sports - People - Lost or Missing
St. Philip's Academy in New Jersey is selling raffle tickets for $1,000 apiece.
Raffle - New Jersey - United States - Business and Economy - Organizations
These odd products will either have you laughing or reaching for your wallet.
Recreation - Beer - Collecting - Food and Drink Related - Food
Lawmakers trim student aid package now linked to health care bill
Health care - United States - Politics - Health Care Reform - Democratic Party
NTSB: Better communication needed after Northwest flight overshoots airport by 100 miles
National Transportation Safety Board - Northwest Airlines - Business - Aviation - Transportation and Logistics

Reuters: Business News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
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.



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.



SHANGHAI (Reuters) - Google Inc may make an announcement next Monday about whether it will pull out from China, the China Business News reported on Friday, quoting an unnamed Google employee.



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.



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.



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.



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.



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.



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.



NEW YORK (Reuters) - A Manhattan federal judge on Thursday barred the financial news service Theflyonthewall.com from issuing immediate news about analyst research from several Wall Street banks, often before recommendations are shared with clients.




msnbc.com: Business
Msnbc.com is a leader in breaking news and original journalism.
Stocks are trading in a narrow range Thursday after a fresh batch of economic reports showed the economy continues to slowly regain its strength.
The government handed out millions of dollars to bank regulators, rewarding "superior" work even as an avalanche of risky mortgages helped create the meltdown.
U.S. investigators looking into the claim of a runaway Toyota Motor Corp Prius in New York last week said on Thursday no brakes had been applied before the vehicle hit a wall.
President Barack Obama has signed into law a package of tax breaks and spending designed to give the nation a jobs boost.
The number of newly laid-off workers requesting jobless benefits fell slightly last week for the third straight time. But initial claims remain above levels that would signal net job gains.
Retail gasoline prices rose on Thursday on an expected increase in demand and as more expensive spring and summer blends of gasoline make their way to the pumps.
Porsche shot to the top of a closely watched study of long-term vehicle dependability, overtaking U.S. and Japanese rivals, J.D. Power and Associates said Thursday.
Bernard Madoff was attacked by another inmate at the federal prison where he is serving a 150-year sentence, the Wall Street Journal reported, citing three people.
Former Federal Reserve Chairman Alan Greenspan, whose legacy has been tarnished by the global financial crisis, on Thursday laid out a scholarly defense of the matter.
Chinese firms selling advertising space on Google's search pages have demanded clarity about the Internet company's plans in China, warning they will demand compensation.
The Tar Heels top Forbes' third annual ranking of college basketball teams with a value of $29 million, up 12 percent from last year when they also claimed the No. 1 spot.
The Better Business Bureau issued a consumer alert to warn cash-strapped families about disreputable online payday lenders who have no regard for the law.
Jerome York, an Apple Inc. board member and a financial wizard credited with turning around Chrysler and IBM, died Thursday of a brain aneurysm. He was 71.
Bookseller Barnes & Noble announced a CEO switch Thursday, elevating the president of its Web site to lead the company and replace Steve Riggio.
Wall Street's biggest banks could be broken up by Congress in the coming year in an eventual reckoning over the financial meltdown of 2008, "Liar's Poker" author Michael Lewis said.
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