Saturday, March 13, 2010

International Headline News

Date: Sat, 13 Mar 2010 20:02:07 -0500
>TOP STORIES as of 0900 HKT -- 14 March, 2010

> DEADLY BLASTS ROCK SOUTHERN AFGHANISTAN
A series of explosions rocked southern Afghanistan's volatile
Kandahar province today, killing at least 35 people and wounding
47 others, local officials said.

> TALIBAN CLAIMS DEADLY ATTACK IN PAKISTAN
The Pakistan Taliban says it carried out a suicide bombing that
killed 13 people one day after twin attacks on a military convoy
in Lahore killed 44 people.

> KISSINGER TAKEN TO S. KOREAN HOSPITAL
Former U.S. Secretary of State Henry Kissinger was admitted to a
hospital in Seoul on Saturday for "minor stomach troubles," the
state-run Yonhap news agency reported.

> GOOGLE TO SHUT CHINA SEARCH
Google has drawn up detailed plans for the closure of its
Chinese search engine and is now "99.9 per cent" certain to go
ahead as talks over censorship with the Chinese authorities have
reached an apparent impasse, according to a person familiar with
the company's thinking.

> PM'S GROUP LEADS IN IRAQ ELECTIONS
Prime Minister Nuri al-Maliki's alliance led partial preliminary
election results Saturday in Baghdad, where the most
parliamentary seats are up for grabs, according to the electoral
commission.

> IRAN CRITICIZED FOR RELIGIOUS PERSECUTION
The State Department condemned Iran's persecution of religious
minorities on Friday following the Iranian authorities'
detention of Baha'is and Christians in recent months.

> PLANE CRASHES IN MOCK RESCUE EXERCISE
A plane in Nigeria carrying more than 30 emergency workers has
crashed in what was supposed to be a mock rescue exercise,
police said Saturday.

> CLINTON CALLS ISRAELI MOVE 'INSULTING'
U.S. Secretary of State Hillary Clinton says Israel's
announcement of new settlement construction in disputed
territory in East Jerusalem was "insulting" to the United
States.


BUSINESS
~~~~~~~~~~~


> LEHMAN REPORT BLAMES TOP EXECUTIVES
A one-year probe into the collapse of Lehman Brothers found
"credible evidence" that executives, including former chief Dick
Fuld, approved misleading financial statements and used an
"accounting gimmick" to flatter results.

> BA CABIN CREW TO STRIKE THIS MONTH
Union members representing British Airways cabin crews announced
Friday they will hold two separate strikes this month in a
dispute over working conditions.

> THOUSANDS PROTEST IN GREEK CAPITAL
Thousands of people march through Athens as part of a 24-hour
nationwide strike to protest against austerity measures by the
government.

Breaking News

Date: Sat, 13 Mar 2010 13:24:03 -0500

Explosions in Afghanistan's Kandahar province kill 35, wound 47,
spokesman for provincial governor says.

Friday, March 12, 2010

International Headline News

Date: Fri, 12 Mar 2010 20:02:08 -0500
>TOP STORIES as of 0900 HKT -- 13 March, 2010

> POPE 'DISTRAUGHT' BY GERMAN SEX ABUSE SCANDAL
Pope Benedict XVI is distraught by news of a scandal involving
allegations of sexual abuse in the Catholic Church in Germany,
the country's highest-ranking Catholic says.

> CLINTON CALLS ISRAELI MOVE 'INSULTING'
Secretary of State Hillary Clinton said Friday that Israel's
announcement of new settlement construction in disputed
territory in East Jerusalem was "insulting" to the United
States.

> BELGIAN TERROR SUSPECT 'MET BIN LADEN'
A Belgian woman on trial in Belgium for involvement in terrorism
says her husband -- himself wanted on terror charges -- met al
Qaeda leader Osama bin Laden in the summer of 2008.

> JUDGE CONSIDERS $650M 9/11 SETTLEMENT
A New York judge may approve a $657 million settlement Friday
for workers who became ill after the 9/11 terrorists attacks.

> AT LEAST 39 KILLED IN PAKISTAN BOMBING
Twin suicide blasts killed at least 39 people and injure 95
others in .

> THAILAND BRACES FOR MASS PROTESTS
Thailand mobilizes security forces ahead of anti-government
demonstrations by "red shirt" supporters of ousted former Prime
Minister Thaksin Shinawatra.

> EX-SPY CHIEF URGES TALKS WITH TALIBAN
Talking to the Taliban leader in Afghanistan may help bring
peace to the country, according to a former Pakistan spy chief
once referred to as the "father of the Taliban."

> JOBLESS YOUNG A 'TICKING TIME BOMB'
It is without a doubt one of the most pressing issues for the
Middle East region today, described by Queen Rania of Jordan as
a "ticking time bomb."

BUSINESS
~~~~~~~~~~~


> LEHMAN REPORT BLAMES TOP EXECUTIVES
A one-year probe into the collapse of Lehman Brothers found
"credible evidence" that top executives, including the former
chief Dick Fuld, approved misleading financial statements and
used an "accounting gimmick" to flatter results.

> BA CABIN CREW TO STRIKE THIS MONTH
Union members representing British Airways cabin crews announced
Friday they will hold two separate strikes this month in a
dispute over working conditions.

> THOUSANDS PROTEST IN GREEK CAPITAL
Thousands of people march through Athens as part of a 24-hour
nationwide strike to protest against austerity measures by the
government.

Markets, Friday, 03/12/2010

Date: Fri, 12 Mar 2010 17:44:30 -0500

|---------------------------------------------------------------------------|
| Dow : 10624.69 up 12.85 | S & P : 1149.99 down 0.25 |
| NASDAQ: 2367.66 down 0.80 | Bond (10Y): 3.70%, 99.28
|---------------------------------------------------------------------------|


MARKETS:
Stocks hover at 18-month highs
Markets can't find a footing as Nasdaq and S&P 500 wrestle with recent
highs. Improved retail sales report, weak dollar, falling commodity
prices all in play.

A mixed Friday ends 2nd straight positive week for stocks. Dow gains 12 points, but Nasdaq and S&P finish slightly lower.

Date: Fri, 12 Mar 2010 16:09:43 -0500

A mixed Friday ends 2nd straight positive week for stocks. Dow gains
12 points, but Nasdaq and S&P finish slightly lower.

Examiner says bankrupt Lehman could face lawsuits

Date: Fri, 12 Mar 2010 12:01:10 -0500

EXAMINER SAYS BANKRUPT LEHMAN COULD FACE LAWSUITS
Bankrupt financial giant Lehman Bros.' former top officers, its
auditor and several rival brokers could face legal claims, a
court-appointed examiner says.

HOW 'REPO 105' WAS LEHMAN'S ACCOUNTING 'DRUG'
An accounting maneuver known as "Repo 105" was a "drug" that helped
maintain a veneer of health on Lehman Brothers' crumbling balance
sheet in the months running up to its bankruptcy, a report from a
court-appointed examiner shows.

CITI CEO: LOCAL CONSUMER LENDING LOSSES CONTAINED
If Pandit is right, Citi may be more free to pursue overseas growth.

PANDIT'S CITI FORECAST COMES WITH FOOTNOTES
In one way, Vikram Pandit is doing what a good chief executive should:
talking up his company. Where he's risking trouble is setting a target
for those
expectations, writes David Weidner.

U.S. consumer-sentiment gauge dips in March

Date: Fri, 12 Mar 2010 10:08:24 -050

U.S. consumer-sentiment gauge dips in March
03/12/2010 10:00:33 AM EDT

Energy: Crude futures gain as IEA raises demand forecasts

Date: 12 MAR 2010 10:58:58 GMT

3/12/2010 5:58:00 AM ET

Oil futures advance above $82 a barrel on Friday, as the International
Energy Agency raises its forecast for global oil demand, citing strong
growth in China and other emerging economies.

Stocks pop at the open after a surprisingly strong retail report encourages investors. Dow rises 22 points.

Date: Fri, 12 Mar 2010 09:51:10 -0500

Stocks pop at the open after a surprisingly strong retail report
encourages investors. Dow rises 22 points.

Retail sales show surprising strength in February, rising 0.3% in a government report.

Date: Fri, 12 Mar 2010 09:50:41 -0500

Retail sales show surprising strength in February, rising 0.3% in a
government report.

Thursday, March 11, 2010

International Headline News

Date: Thu, 11 Mar 2010 20:01:09 -0500

>TOP STORIES as of 0900 HKT -- 12 March, 2010

> BILLIONAIRE SWORN IN AS NEW CHILEAN PRESIDENT
Sebastian Pinera has been sworn in as president of Chile, taking
over after a recent earthquake but with a strong economy and
stable social institutions.

> EARLY IRAQ POLL RESULTS PUT PM IN LEAD
Iraq's election commission is expected Thursday to announce
partial results of last week's vote.

> THOUSANDS PROTEST GREEK CRISIS MOVE
Thousands of people marched through Athens Thursday as part of a
24-hour nationwide strike to protest further austerity measures
by the embattled government.

> TERROR CHARGES FOR BA EMPLOYEE
A 30-year-old man employed by British Airways as an information
technology developer faces court on two charges relating to
terrorism.

> ABBAS URGES U.S. TO STOP ISRAELI BUILD
Palestinian Authority President Mahmoud Abbas says it is
difficult to have any negotiations with Israel unless it revokes
plans to build new homes on disputed land in Jerusalem, Abbas'
top negotiator said Thursday.

> U.S. MAN SUSPECT IN YEMEN RAMPAGE
Federal authorities are investigating a New Jersey man suspected
of being an al Qaeda member and going on a deadly rampage at a
hospital in Yemen.

> PENTAGON TEACHES STAFF TO HACK SYSTEM
The Pentagon is training people to hack into its own computer
networks.

> FORMER NFL STAR, ACTOR MERLIN OLSEN DIES
Former football star and television actor Merlin Olsen has died
after a long battle with cancer, the St. Louis Rams said
Thursday.


BUSINESS
~~~~~~~~~~~

> MAN UTD BIDDERS APPOINT TOP BANK
The group poised to launch a takeover bid for English Premier
League side Manchester United has signaled its intent by
appointing a major international bank to act as its financial
adviser.

> DAIHATSU RECALLS 274,000 VEHICLES
Daihatsu Motor Company announced Thursday that it was recalling
more than 274,000 vehicles for problems with their suspension
systems.

> TRUMP'S GOLF COURSE PLAN ON TEE
Despite the financial downturn affecting property prices and
construction projects around the world, bullish American
billionaire Donald Trump remains committed to building what he
has dubbed the "world's greatest golf course" in Scotland after
unveiling designs for the new complex.

Markets, Thursday, 03/11/2010

Date: Thu, 11 Mar 2010 17:53:07 -0500
|---------------------------------------------------------------------------|
| Dow : 10611.84 up 44.51 | S & P : 1150.24 up 4.63
|
| NASDAQ: 2368.46 up 9.51 | Bond (10Y): 3.72%, 99.13
|---------------------------------------------------------------------------|

MARKETS:
Stocks manage gains
Wall Street works to end in positive territory after a wobbly session.
Jobs outlook, Chinese inflation, dollar movement are all in focus.

Stocks stage late-day advance, pushing the Dow up 43 points. Nasdaq rises 0.3% to a new 18-month high. S&P gains 0.4%.

Date: Thu, Mar 11, 2010 at 4:13 PM

Stocks stage late-day advance, pushing the Dow up 43 points.  Nasdaq
rises 0.3% to a new 18-month high. S&P gains 0.4%.

Dodd quits dithering on bank reform

Date: Thu, 11 Mar 2010 12:01:04 -0500

DODD QUITS DITHERING. ON BANK REFORM
After months of trying to get Republican support for tougher
regulations to prevent the next global financial crisis, Sen. Chris
Dodd has decided to move. Ahead with or without bipartisan backing.

THERE'S NO BASIS FOR PANDIT'S FORECAST FOR CITI
In one way, Vikram Pandit is doing what a good chief executive should:
talking up his company. Where he's risking trouble is setting a target
for those expectations, writes David Weidner.

'VOLCKER RULE' MAY NOT HIT GOLDMAN STOCK: ANALYST
The "Volcker rule" and other proposed regulation looming over Wall
Street may not hit shares of Goldman Sachs because the stock already
reflects such risk, analyst says.

BANK STOCKS EXTEND GAINS; CITI, REGIONALS IN LEAD
U.S. regional bank shares add to the past session's gains Thursday,
and Citigroup shares gained more than 1%, as investors looked ahead to
comments from a number of bank executives.

ASIA MARKETS PARE GAINS AFTER CHINA ECONOMIC DATA
Asian markets ended mixed on Thursday, with several markets paring
gains as resource stocks fell after Chinese economic data sparked
fresh worries of further tightening measures from Beijing.

Fwd: U.S. stock benchmarks turn positive; Dow industrials overcome 60-point decline

Date: Thu, 11 Mar 2010 10:57:54 -0500

U.S. stock benchmarks turn positive; Dow industrials overcome 60-point decline
03/11/2010 10:56:08 AM EDT

Magnitude-7.2 earthquake registered in Chile: reports

Date: Thu, 11 Mar 2010 10:19:29 -0500

Magnitude-7.2 earthquake registered in Chile: reports
03/11/2010 10:16:09 AM EDT

Dodd plans to unveil Senate financial-reform bill Monday

Date: Thu, 11 Mar 2010 09:51:55 -0500

Dodd plans to unveil Senate financial-reform bill Monday
03/11/2010 09:48:57 AM EDT

Stocks fall at the open as investors get worse-than-expected employment news. The Dow loses 14 points.

Date: Thu, 11 Mar 2010 09:55:16 -0500

Stocks fall at the open as investors get worse-than-expected
employment news. The Dow loses 14 points.

Initial claims for unemployment insurance fell to 462,000 in latest week, Labor Department says.

Date: Thu, 11 Mar 2010 09:54:38 -0500

Initial claims for unemployment insurance fell to 462,000 in latest
week, Labor Department says.

Wednesday, March 10, 2010

International Headline News

Date: Wed, 10 Mar 2010 20:02:04 -0500
>TOP STORIES as of 0900 HKT -- 11 March, 2010

> RUSSIAN TYCOON WINS POISON LIBEL CASE
Boris Berezovsky wins his UK libel case against a Russian
broadcaster which claimed the Russian oligarch was behind the
poisoning of ex-spy Alexander Litvinenko.

> BIDEN SLAMS ISRAELI SETTLEMENT MOVE
The United States will hold both Israel and the Palestinians
responsible for any steps that make peace between them more
difficult, Vice President Joe Biden said Wednesday.

> FURY OVER ISRAEL 'BULLDOZER DEATH'
The parents of a U.S. woman who was killed as she tried to stop
a bulldozer from crushing homes in Gaza are taking Israel's
defense ministry to court.

> POLICE: 'JIHAD JANE' TRIED SUICIDE IN '05
Colleen LaRose, the Pennsylvania woman indicted for allegedly
conspiring to support terrorists and kill a person in a foreign
country, attempted to commit suicide in 2005, according to a
police report filed at the time.

> WHITE HOUSE CONTINUES TO SLAM INSURERS
President Obama is turning up the heat on private health
insurers again, taking his increasingly populist health care
overhaul pitch on the road to Missouri.

> 'LOST BOYS' STAR COREY HAIM DIES AT 38
Former 1980s teen movie actor and heartthrob Corey Haim died
early Wednesday, authorities said.

BUSINESS
~~~~~~~~~~~

> 'ISLAMIC RULES SAVED US FROM RECESSION'
Bahrain's finance minister said adherence to strict Islamic
rules helped his country escape the worst of the global
recession.

> BRAZIL ANNOUNCES NEAR-RECORD HARVEST
Brazil will have its second-best harvest in the nation's history
this year, the government said.

> MEXICO: ALLOW CROSS-BORDER TRUCKING
Mexico asked the United States to move forward with creating a
proposal to end a ban on cross-border trucking in violation of
the North American Free Trade Agreement.

Markets, Wednesday, 03/10/2010

Date: Wed, 10 Mar 2010 17:40:47 -0500

|---------------------------------------------------------------------------|
| Dow : 10567.33 up 2.95 | S & P : 1145.61 up 5.17
|
| NASDAQ: 2358.95 up 18.27 | Bond (10Y): 3.72%, 99.19
|---------------------------------------------------------------------------|


MARKETS:
Citi, AIG, Fannie and Freddie: The Not Fab 4
These four financial wards of the state have rallied sharply in the
past few days. Investors should be very, very careful.

U.S. stocks lifted by financials, tech; Dow ekes out 3-point gain

Date: Wed, Mar 10, 2010 at 4:04 PM

U.S. stocks lifted by financials, tech; Dow ekes out 3-point gain
03/10/2010 04:03:02 PM EDT

U.S. posts record $221 billion monthly deficit in February.

Date: Wed, 10 Mar 2010 14:14:13 -0500

U.S. posts record $221 billion monthly deficit in February.

Senate passes $140 billion jobs bill. Next, the measure heads to the House.

Date: Wed, 10 Mar 2010 15:29:04 -0500

Senate passes $140 billion jobs bill. Next, the measure heads to the House.

Banks rally on M&A speculation

Date: Wed, 10 Mar 2010 12:01:11 -0500

BANKS RALLY ON M&A SPECULATION
U.S. bank stocks march higher, led by Zions Bancorp, Regions Financial
Corp. and SunTrust Banks Inc., amid speculation about mergers and
acquisitions in the industry.

OIL FUTURES JUMP ON SUPPLIES DATA, OPEC FORECAST
Investors cheer news of a smaller-than-expected increase in U.S. crude
supplies and a big drop in gasoline supplies.

U.S.'S GASOLINE GULP FUELS ENERGY SECTOR GAINS
Energy stocks embellish early gains, playing off bullish U.S.
inventories data as well as a revised Organization of the Petroleum
Exporting Countries outlook forecasting higher world oil demand for
2010.

STOCKS GET LIFT FROM INVENTORIES; FINANCIALS LEAD
U.S. stocks open slightly higher Wednesday as the financial sector
climbs, along with technology and telecommunications stocks.
Commodities slip.

Energy: Oil futures edge higher on Chinese economic data

Date: 10 MAR 2010 12:01:12 GMT

3/10/2010 7:00:00 AM ET
Oil futures rise on strong economic data from China, and as investors
await a report on U.S. petroleum inventories

Fewer states report increases in unemployment in January, Labor Department says.

Date: Wed, 10 Mar 2010 10:18:40 -0500

Fewer states report increases in unemployment in January, Labor Department says.

Stocks gain at the open with the Dow adding 15 points.

Date: Wed, 10 Mar 2010 10:18:04 -0500


Stocks gain at the open with the Dow adding 15 points.

Tuesday, March 09, 2010

International Headline News

Date: Tue, 9 Mar 2010 20:02:04 -0500
>TOP STORIES as of 0900 HKT -- 10 March, 2010

> U.S. VICE PRESIDENT CONDEMNS NEW ISRAEL HOUSING UNITS
Joe Biden has criticized Israel's decision to build 1,600
housing units in a Jerusalem neighborhood, calling it "a step
that undermines the trust we now need."

> NIGERIA URGED TO PURSUE KILLING MOBS
Nigeria faces international calls to bring to justice killer
mobs armed with guns and knives who massacred hundreds of
villagers in the country's rural heartland.

> OBAMA MEETS GREEK PM ON DEBT CRISIS
Global financial reform is expected to top the agenda Tuesday as
President Obama huddles with Greek Prime Minister George
Papandreou, whose country is at the center of Europe's debt
crisis.

> U.S. APOLOGIZES FOR GADHAFI REMARK
The State Department spokesman apologized Tuesday for a joking
remark he made about Libyan leader Moammar Gadhafi that
threatened to turn into a diplomatic incident between the two
countries.

> 7 ARRESTED IN 'PLOT TO KILL CARTOONIST'
Irish police arrested seven people Tuesday suspected of plotting
to commit a murder abroad, they announced.

> U.S.: TERROR CHARGES FOR 'JIHAD JANE'
A Pennsylvania woman has been indicted for conspiracy to provide
material support to terrorists and kill a person in a foreign
country, the Justice Department announced Tuesday.

> DRIVER RECALLS 'RUNAWAY PRIUS' ORDEAL
The driver of a Toyota Prius says he was taken on a wild ride
after the car's accelerator became stuck, reaching speeds in
excess of 90mph (145kph).

> QUAKE MOVES CHILE CITY 'OVER 10 FEET'
The magnitude-8.8 earthquake that rocked the west coast of Chile
last month was violent enough to move the city of Concepcion at
least 10 feet to the west and the capital, Santiago, about 11
inches to the west-southwest, researchers said.

BUSINESS
~~~~~~~~~~~


> AIG IN $15.5B UNIT SALE TO METLIFE
AIG agreed to sell its American Life Insurance Co. unit to
MetLife Inc. for $15.5 billion in cash and stock in beleaguered
AIG's second sale of an international unit in a week.

> NORTHROP: NO BID ON TANKER CONTRACT
Northrop Grumman Corp. said it will not bid on a
multi-billion-dollar contract to build a new air refueling
tanker for the U.S. Air Force because it believes the rules for
the contract favor its competitor, Boeing.

> ICELANDERS REJECT PLAN TO REPAY DEBT
Iceland's voters overwhelmingly reject a deal to pay billions of
dollars it owes to the United Kingdom and the Netherlands, the
Foreign Ministry has said.

Markets,Tuesday, 03/9/2010

Date: Tue, 09 Mar 2010 17:44:42 -0500

|---------------------------------------------------------------------------|
| Dow : 10564.38 up 11.86 | S & P : 1140.44 up 1.94
|
| NASDAQ: 2340.68 up 8.47 | Bond (10Y): 3.70%, 99.34
|----------------------------------------------------------------------------|

MARKETS:
Stocks muster gains; Nasdaq at 18-month high
Wall Street inches higher in a choppy session as investors mull
company deal news and a fluctuating dollar.

Stocks rally at the close, with the Nasdaq ending at an 18 month high. Dow gains 12 points, while the S&P adds 0.2%.

Date: Tue, 09 Mar 2010 16:13:05 -0500

Stocks rally at the close, with the Nasdaq ending at an 18 month high.
Dow gains 12 points, while the S&P adds 0.2%.

Breaking News Tue., March 9, 2010

Date: Tue, 09 Mar 2010 09:55:15 -0800 (PST)

CBS Producer Robert Halderman to Plead Guilty to Trying to Extort
David Letterman: reports

Stocks edge lower as Wall Street marks the anniversary of the bear market low. Dow slips 17 points .

Date: Tue, 09 Mar 2010 09:43:34 -0500

Stocks edge lower as Wall Street marks the anniversary of the bear
market low. Dow slips 17 points .

Energy: Oil drops below $81/bbl on expected supply rise

Date: 9 MAR 2010 11:43:28 GMT

3/9/2010 6:42:00 AM ET

Oil futures dropped nearly 2% on Tuesday to trade below $81 a barrel,
pressured by the U.S. dollar's strength and expectations of a rise in
crude-oil inventories.

Monday, March 08, 2010

International Headline News

Date: Monday, March 8, 2010
>TOP STORIES as of 0900 HKT -- 09 March, 2010

> ENVOY: ISRAELIS, PALESTINIANS ACCEPT INDIRECT TALKS
Israeli and Palestinian leaders have accepted indirect talks,
according to George Mitchell, the Obama administration's special
envoy for Middle East peace.

> PAKISTANI TALIBAN LEADER DISPUTES DEATHS
A senior militant Taliban leader refuted reports Monday that he
had been killed in a Pakistani military airstrike in Pakistan's
tribal region along the Afghan border.

> SEARCH FOR DUBAI KILLING SUSPECTS GROWS
Interpol says it will help investigators to track down all 27
people suspected of being linked to the January killing of a
Hamas leader in Dubai by an alleged Mossad hit squad.

> MUSLIMS KILL HUNDREDS IN NIGERIA
Acting President Goodluck Jonathan puts Nigeria on high alert
following attacks by machete-wielding Muslims on mostly
Christian villages in central Plateau state.

> DOZENS DEAD AFTER TURKEY QUAKE
A pre-dawn earthquake flattens homes and kills at least 51
people in a mountainous region of southeastern Turkey on Monday,
according to government officials.

> 1 AMERICAN IN HAITI RELEASED, 1 STILL HELD
Charisa Coulter, one of two American missionaries still detained
in Haiti on suspicion of kidnapping 33 children after the
January 12 earthquake there, will be released, her defense
attorney said.

> ENVOY: IRAQIS DESERVE CONGRATULATIONS
Iraq's elections "really went very, very well" and the "Iraqi
people deserve a lot of congratulations from us," the United
States' ambassador to Baghdad said Monday.

> WILL IRAQ'S DEMOCRACY VINDICATE BUSH?
Israel may have to retire its title as the only democracy in the
Middle East. With Sunday's free and fair national election, Iraq
joins the honor roll as one of the very few Islamic democracies.

BUSINESS
~~~~~~~~~~~

> AIG IN $15.5B UNIT SALE TO METLIFE
AIG agreed to sell its American Life Insurance Co. unit to
MetLife Inc. for $15.5 billion in cash and stock in beleaguered
AIG's second sale of an international unit in a week.

> ICELANDERS REJECT PLAN TO REPAY DEBT
Iceland's voters overwhelmingly reject a deal to pay billions of
dollars it owes to the United Kingdom and the Netherlands, the
Foreign Ministry has said.

> TOYOTA CHIEF: WE MUST RESTART
The head of Toyota Motor Corp. told his employees on Friday that
the company must begin again if it is to regain its legacy of
quality that helped make it the world's largest automotive
company.

Markets, Monday, 03/8/2010

Date: Mon, Mar 8, 2010 at 5:45 PM
   DOW 10,552.52   
   -13.68 -0.13%   
   NASDAQ 2,332.21   
   +5.86 +0.25%   
   S&P 1,138.50   
   -0.19 -0.02%   
   10YR 99 10/32   
   -6/32 Yield: 3.7%   
5:16 PM ET, 3/8/2010

The technology sector is arguably the healthiest in the economy right now. But here's a sobering thought: Most major tech stocks are probably never going to get back to the levels they were at a decade ago.  

S&P 500 halts six-session win streak; Dow edges down 14 points

Date: Mon, Mar 8, 2010 at 4:07 PM

S&P 500 halts six-session win streak; Dow edges down 14 points
03/08/2010 04:05:21 PM EDT

AIG, MetLife gains lift financial stocks

Date: Mon, Mar 8, 2010 at 12:01 PM

AIG METLIFE GAINS LIFT FINANCIAL STOCKS
U.S. financial stocks make modest early gains as American International Group
agrees to sell American Life Insurance Co. to MetLife for about $15.5 billion
in cash and stock, it second major transaction in a matter of days.

WEB STOCKS STILL WELL BELOW THEIR BUBBLE-ERA HIGHS
A certain class of investors might be forgiven for still feeling burned by the
dot-com bubble -- even after a decade has passed.

LOOKING FOR THE NEXT DECADE'S INTERNET CHAMPS
It goes without saying that the Internet has changed a lot in the past 10
years, and what now qualifies as an "Internet company" is much broader than it
was a decade ago.

FORMER INTERNET-FUND STARS 10 YEARS AFTER THE BUST
They were masters of a parallel universe, the soul-mates of a new technology.
Then the real world intruded on mutual fund managers who'd been Poseidons
astride the Internet-stock wave.

DOT-COM FALLOUT STILL HAUNTS IPOS, STARTUPS
The Internet bubble, which peaked March 10, 2000 when the Nasdaq hit 5,048.62,
can be accused of killing IPO hopes for many small, young companies in Silicon
Valley. A new kind of caution has since emerged that many believe is slowing
down innovation.

Dow industrials up 15 points as U.S. stocks open week on a mildly positive note

Date: Mon, 08 Mar 2010 09:39:30 -0500

Dow industrials up 15 points as U.S. stocks open week on a mildly positive note
03/08/2010 09:37:34 AM EDT

Sunday, March 07, 2010

International Headline News

Date: Sun, 7 Mar 2010 20:02:04 -0500
>TOP STORIES as of 0900 HKT -- 08 March, 2010

> MIXED REPORTS OVER ARREST OF U.S. AL QAEDA SPOKESMAN
Conflicting reports emerged Sunday over whether Adam Gadahn, a
U.S.-born spokesman for al Qaeda, has been arrested in Pakistan.

> DESPITE RISKS, IRAQIS TURN OUT TO VOTE
Votes are being counted in key elections in Iraq, marred by
violence throughout the day that left 38 people dead.

> IRANIAN PRESIDENT: 9/11 WAS 'BIG LIE'
Two days before his official trip to Afghanistan, Iranian
President Mahmoud Ahmadinejad called the terrorist attacks of
September 11, 2001, a "big lie" intended to pave the way for the
invasion of a war-torn nation, according to Iranian state media.

> HUNDREDS KILLED IN NIGERIAN CLASHES
More than 100 people were dead after an attack on a
predominantly Christian group in central Nigeria, officials told
CNN on Sunday.

> CHILE MOURNS VICTIMS OF EARTHQUAKE
Chile marks three days of mourning starting Sunday, with every
house authorized to hang the national flag in memory of those
who perished in a massive earthquake a week ago.

> ICELANDERS REJECT FOREIGN DEBT DEAL
Iceland's voters overwhelmingly rejected a deal to pay billions
of dollars it owes to the United Kingdom and the Netherlands,
the Foreign Ministry said Sunday.

> POLICE: RAIDERS HIT POKER TOURNAMENT
At least four masked and armed men robbed an international poker
tournament in Berlin, Germany, Saturday, making off with an
undisclosed sum of money, police said.

> PIRATES RELEASE THAI SHIP AFTER PAYMENT
Pirates released a Thai-flagged fishing vessel Sunday after a
ransom was paid, a European Union anti-piracy force said. It did
not say how much money was handed over.


BUSINESS
~~~~~~~~~~~

> TOYOTA CHIEF: WE MUST RESTART
The head of Toyota Motor Corp. told his employees on Friday that
the company must begin again if it is to regain its legacy of
quality that helped make it the world's largest automotive
company.

> GM OFFERS 661 DEALERS 2ND CHANCE
General Motors is in the process of calling 661 dealers targeted
for shutdown to offer them their franchises back, company
executives told CNNMoney.com on Friday.

> WHAT CAN BOSSES LEARN FROM INDIA?
With the Indian economy predicted to grow by 7.5 percent this
year, experts say it could be time for Western CEOs to learn
some lessons from their Indian counterparts.