Saturday, March 20, 2010

Breaking News

Date: Sat, Mar 20, 2010 at 7:02 AM

Pope Benedict XVI says he is "truly sorry" for abuse suffered by
victims of pedophile Catholic priests in Ireland.

Friday, March 19, 2010

International Headlines

Date: Fri, 19 Mar 2010 20:02:04 -0400
TOP STORIES as of 0800 HKT -- 20 March, 2010

> BRITISH AIRWAYS STRIKE GOES AHEAD AS TALKS COLLAPSE
British Airways cabin crews will strike from Saturday as
last-ditch talks to avert industrial action between union
representatives and the airline collapse without a deal.

> MIDEAST QUARTET: PEACE DEAL IN 2 YEARS
Israel refuses to reverse its decision to build new homes in
largely Arab East Jerusalem, but it is offering measures to
kick-start the peace process, Middle East envoy Tony Blair said.

> POPE FINALIZES PEDOPHILE PRIESTS LETTER
A letter written by the pope in an attempt to defuse anger in
Ireland over a sex abuse scandal in the Roman Catholic Church
was expected to be delivered Friday.

> CATHOLIC SEX ABUSE SCANDAL GOES GLOBAL
As Pope Benedict XVI wound down his first visit to the United
States in 2008, the U.S. Catholic Church's news service noted
that the pontiff had achieved his top objective for the trip by
personally apologizing to Americans who had been sexually abused
by priests.

> 'SUPER MOSQUITO' COULD FIGHT MALARIA
They are normally transmitters of the disease, but mosquitoes
could one day be used to tackle malaria after scientists
developed a genetically engineered version of the species that
can deliver a vaccine.

> OBAMA GAMBLES ON HEALTHCARE VOTE
There wasn't a big-screen hero with a gun to his head or a
Hollywood beauty in harm's way, but Washington was caught-up in
a cliffhanger this week -- and President Barack Obama was at the
center of it.

> AL-MALIKI LEADS COUNT IN IRAQ ELECTION
Iraqi Prime Minister Nuri al-Maliki's coalition has edged ahead
in Iraq's parliamentary elections, according to partial results
from election officials.

> TV HOST FACES EXECUTION FOR 'SORCERY'
Amnesty International is calling on Saudi Arabia's King Abdullah
to stop the execution of a Lebanese man sentenced to death for
"sorcery."

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


> BA STRIKE: WHAT TO DO?
Cabin crew plan to strike between March 20 - 22 and March 27 -
30 according to the Unite union.

> BRUSSELS URGES EU TO REACH GREEK DEAL
The European Commission urged European Union governments on
Friday to reach an explicit agreement next week on a financial
standby facility for Greece to help it overcome its debt crisis.

> BERLIN LEANS TOWARD IMF ON GREECE
Germany is leaning towards involving the International Monetary
Fund should Greece call for help to stem its budget crisis, a
move Berlin hopes would help avoid potential constitutional
court objections to a German bail-out.

Markets, Friday, 03/19/2010

Date: Fri, 19 Mar 2010 17:47:42 -0500

|---------------------------------------------------------------------------|
| Dow : 10,741.98 down 37.19 | S & P : 1,159.90 down 5.93 |
| NASDAQ: 2,374.41 down 16.87 | Bond (10Y): 3.69% up 0.015
|---------------------------------------------------------------------------|

MARKETS:
Dow breaks winning streak
The blue-chip average's string of 8 consecutive gains comes to an end
as investors sell stocks after the recent advance. Palm's
bigger-than-expected quarterly loss drags on tech.

Stocks end lower, backing off of previous highs, as Palm’s huge losses dragged down tech and telecom shares.

Date: Fri, 19 Mar 2010 16:13:53 -0500

Stocks end lower, backing off of previous highs, as Palm�s huge losses
dragged down tech and telecom shares.

Metropolitan areas with unemployment rates above 15% topped 35 in January, Labor Department says. California remains hardest hit.

Date: Fri, 19 Mar 2010 12:29:10 -0500

Metropolitan areas with unemployment rates above 15% topped 35 in
January, Labor Department says. California remains hardest hit.

Palm shares plunge back to pre-webOS levels

Date: Fri, 19 Mar 2010 12:00:52 -0400

PALM SHARES PLUNGE BACK TO PRE-WEBos LEVELS
Palm Inc. saw its stock take another beating Friday, after the company
reported disappointing sales of its latest smartphones and issued a
dismal revenue. forecast for the current quarter.

CHINA MOBILE AWAITING ANSWER FROM APPLE ON IPHONE
China Mobile's chief executive has called upon Apple
Inc. to adapt some of its next generation of iPhone handsets so that
they can run on a unique Chinese-developed standard for
third-generation mobile services.

BOEING INCREASES PRODUCTION OF KEY AIRLINE JETS
Boeing said Friday it will boost production rates of its two major
commercial jet programs as the aerospace giant signaled a recovery in
the beaten-down airline sector.

EADS SAYS IT MAY REJOIN TANKER BIDDING
The Pentagon may extend a deadline for bids on a new aerial-refueling
tanker for the U.S. Air Force after Airbus parent EADS signals an
interest in rejoining the competition.

Fwd: Stocks open higher as this weeks's encouraging economic signs boost investor confidence. Dow adds 36 points.

Date: Fri, 19 Mar 2010 12:27:56 -0500

Stocks open higher as this weeks's encouraging economic signs boost
investor confidence. Dow adds 36 points.

Thursday, March 18, 2010

International Headlines

Date: Thu, 18 Mar 2010 20:02:04 -0400
>TOP STORIES as of 0800 HKT -- 19 March, 2010

> DEMOCRATS UNVEIL $940 BILLION U.S. HEALTH CARE PLAN
Democratic congressional leaders unveiled a long-awaited $940
billion compromise health care plan, setting the stage for a
final legislative showdown.

> MUMBAI TERROR SUSPECT PLEADS GUILTY
An American pleaded guilty Thursday to his part in two
international terror plots. Authorities said he scouted out
targets for the Mumbai attacks in November 2008 that killed more
than 160 people.

> VICTIMS OF IRAN'S VIOLENCE HONORED
Mourners in Tehran pay their respects to victims of a violent
government crackdown following last year's disputed presidential
elections in Iran.

> U.S. LAUNCHES INQUIRY IN MEXICO KILLINGS
More than 200 federal, state and local law enforcement personnel
have been assigned to an operation intended to find who was
responsible for Saturday's fatal shootings of three people
linked to the U.S. consulate in Cuidad Juarez, Mexico, an
official said.

> BISHOPS' SHAME OVER ABUSE SCANDAL
Catholic bishops in the pope's home state of Bavaria in southern
Germany express "deep shock and shame" at recent reports of
abuse in their diocese.

> PRIEST, TEEN ALLEGEDLY TAPED HAVING SEX
A police investigation continued Thursday into a Catholic abuse
scandal in Brazil, which erupted last week when a network aired
a video that it said showed a priest having sex with a
19-year-old altar boy.

> DEMONSTRATORS CLASH AT CUBA MARCH
Hundreds of pro-government demonstrators in Havana, Cuba,
chanted "this street belongs to Fidel" as they surrounded a
slow-moving march of human rights protesters Thursday.

> CLINTON IN RUSSIA FOR NUKE, MIDEAST TALKS
U.S. Secretary of State Hillary Clinton arrived in Russia on
Thursday to jump-start talks on two diplomatic fronts: a new
nuclear treaty between the countries and the stalled Mideast
peace process.

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


> NISSAN TO BUILD PLUG-IN CAR IN UK
Nissan has announced plans to build its much-awaited Leaf
electric car in Sunderland, backed by a £20.7m grant from
Britain.

> NATIONS VOTE DOWN EXPORT BAN FOR BLUEFIN TUNA
Atlantic bluefin tuna will not be added to a list of banned
exports, following a vote on Thursday afternoon in Doha, Qatar.

> RECESSION-WEARY WORKERS TIRE OF JOB-HOPPING
Recession-weary workers have replaced their job-hopping
ambitions with dreams of a job for life, according to a study.

Markets, Thursday, 03/18/2010

Date: Thu, 18 Mar 2010 18:49:35 -0500

|---------------------------------------------------------------------------|
| Dow : 10,779.17 up 45.50 | S & P : 1,165.83 down 0.38 |
| NASDAQ: 2,391.28 up 2.19 | Bond (10Y): 3.67% up 0.030
|----------------------------------------------------------------------------|

MARKETS:
Dow win streak rises to 8
Blue chip indicator manages gains late in a choppy session as
investors show caution after stock market's recent advance.

Energy: EPA to study hydraulic fracturing amid din

Date: 18 MAR 2010 19:31:53 GMT

The U.S. Environmental Protection Agency says it'll conduct a massive
study to investigate any potential adverse impact of hydraulic
fracturing to extract natural gas, as the energy industry moves to
boost domestic natural gas supplies.

Dow ends higher for 8th-straight day, reaching highest level since October 2008. Nasdaq edges up. S&P 500 slips.

Date: Thu, 18 Mar 2010 16:19:31 -0500

Dow ends higher for 8th-straight day, reaching highest level since
October 2008. Nasdaq edges up. S&P 500 slips.

FedEx ups outlook as profit jumps

Date: Thu, 18 Mar 2010 12:00:55 -0400

FEDEX UPS OUTLOOK AS PROFIT JUMPS
FedEx Corp. on Thursday said its profit more than doubled on a sharp
increase in its overnight delivery profits as it hiked its annual
earnings outlook.

NIKE JUMPS AFTER RESULTS PROMISE CONTINUED DEMAND
Nike Inc. shares jump Thursday after the No. 1 athletic-shoe company
reports better-than-expected fiscal third-quarter profit and orders.

GAMESTOP RISES ON OUTLOOK DESPITE EARNINGS DROP
GameStop Corp. says earnings for the fourth fiscal quarter fell 7%,
the company's stock rose on a brighter-than-expected 2010 profit
outlook from the video game retailer.

BANKATLANTIC JUMPS ON TAKEOVER SPECULATION
BankAtlantic Bancorp shares jumped 16% Thursday
amid takeover speculation.

CONSUMER PRICE INDEX FLAT IN FEBRUARY
U.S. consumer prices were unchanged on a seasonally-adjusted basis in
February, with falling energy prices offsetting increases in prices of
cars, medical care and food.

Stocks mixed at the open as investors hear news on the jobs front and a steady inflation reading. Dow adds 7 points. Nasdaq loses 1.

Date: Thursday, March 18, 2010

Stocks mixed at the open as investors hear news on the jobs front and
a steady inflation reading. Dow adds 7 points. Nasdaq loses 1.

Number of people filing for first-time unemployment benefits fell to 457,000 last week; consumer prices unchanged in February.

Date: Thursday, March 18, 2010

Number of people filing for first-time unemployment benefits fell to
457,000 last week; consumer prices unchanged in February.

Wednesday, March 17, 2010

International Headline News

Date: Wed, 17 Mar 2010 20:01:07 -0400
>TOP STORIES as of 0800 HKT -- 18 March, 2010

> NIGERIA'S ACTING PRESIDENT SACKS CABINET
Nigeria's acting president dissolves his Cabinet, asserting his
authority over the country's government while ailing President
Umaru Yar'Adua remains sidelined.

> CARDINAL SORRY FOR CHILD ABUSE FAILURES
The head of the Irish Catholic Church, Cardinal Sean Brady,
admits that the church's response to child sex abuse allegations
has been "hopelessly inadequate."

> THAI PM'S HOME SPLATTERED WITH BLOOD
Anti-government protesters break through a heavy police cordon
and splatter blood on the gates of Prime Minister Abhisit
Vejjajiva's Bangkok residence.

> 'D.C. 5' CHARGED IN PAKISTAN TERROR CASE
Five Americans accused of plotting terror attacks in Pakistan
were formally charged Wednesday with several terrorism-related
counts, the prosecutor in the case said.

> HAITIAN KIDS REUNITED WITH FAMILIES
Nearly all of the 33 Haitian children whom American missionaries
allegedly tried to take out of the earthquake-ravaged nation
were reunited Wednesday with their families, weeks after they
were separated.

> U.S.-BORN CLERIC: 'AMERICA IS EVIL'
American-born Muslim cleric Anwar al-Awlaki is calling for jihad
against America, claiming "America is evil" in a new audio
message obtained exclusively by CNN.

> KEY LIBERAL BACKS U.S. HEALTH CARE BILL
Health care reform advocates inched closer to victory Wednesday
morning as a high-profile liberal Democrat switched his position
and announced his intention to vote for a sweeping $875 billion
plan under consideration in the House of Representatives.

> UGANDAN ROYAL TOMBS DESTROYED BY FIRE
Tensions were high in Uganda on Wednesday after fire destroyed a
cultural site of major significance to the country's biggest
tribe.

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

> TIGER'S GOLF COURSE PLANS BUNKERED
The golfing industry may be breathing a collective sigh of
relief after Tiger Woods penciled in his return to the game at
the Augusta Masters, but it may not be enough to help golf
courses bearing his name around the world.

> BA SLAMS STRIKE UNION'S GLOBAL BID
British Airways on Wednesday criticized attempts by the union
representing the airline's cabin crews to internationalize their
planned strike among sympathetic labor organizations around the
world.

> COUNTRIES CANCEL $1B AFGHAN DEBT
Countries are canceling more than $1 billion in debt that
Afghanistan owes them, the Paris Club of creditor nations
announced Wednesday.

Markets, Wednesday, 03/17/2010

Date: Wed, 17 Mar 2010 18:06:10 -0500

|---------------------------------------------------------------------------|
| Dow : 10,733.67 up 47.69 | S & P : 1,166.21 up 6.75
|
| NASDAQ: 2,389.09 up 11.08 | Bond (10Y): 3.64% down 0.011
|----------------------------------------------------------------------------|

MARKETS:
Stocks end at 18-month highs
The Dow, Nasdaq composite and S&P 500 all bounce to levels not seen in
roughly 1-1/2 years as the stock rally resumes.

Dow, Nasdaq and S&P 500 close at 2010 highs on continued low interest rates and Senate passage of the jobs bill.

Date: Wed, 17 Mar 2010 16:48:32 -0500

Dow, Nasdaq and S&P 500 close at 2010 highs on continued low interest
rates and Senate passage of the jobs bill.

Dow win streak longest in nearly three months

Date: Wed, Mar 17, 2010 at 12:00 PM

DOW WIN STREAK LONGEST IN NEARLY THREE MONTHS
U.S. stocks rise amid ongoing cheer over the Federal Reserve's decision to hold
rates steady, which should keep banks' borrowing costs at record lows for much
of the year.

ONE FAMILY'S NIGHTMARE STRUGGLE TO KEEP THEIR HOME
Marianne Gentry, 66, lives with her disabled husband and desperately ill son.
And they're about to get kicked out of their home.

MUTUAL FUND INVESTORS STILL WARY OF STOCKS
New money coming to stock mutual funds has been negligible even as returns have
been among the best on record. An influx into stocks in the coming months would
suggest investors once again have waited too long.

MONEY-MARKET FUNDHOLDERS COULD SEE FEE HIKES
With interest rates at historic lows, the money-market mutual fund industry has
lost hundreds of millions of dollars in waived fees. But some of these funds
are likely to want that money back.

Senate passes $17 billion job creation bill. Measure goes to President Obama for his signature.

Date: Wed, Mar 17, 2010 at 12:12 PM

Senate passes $17 billion job creation bill. Measure goes to President
Obama for his signature.

Big drop in energy costs pulls U.S. producer prices 0.6% lower in February

Date: Wed, 17 Mar 2010 08:35:27 -0400

Big drop in energy costs pulls U.S. producer prices 0.6% lower in February
03/17/2010 08:33:32 AM EDT

Stocks move higher in the first moments of trading as investors remain optimistic about the economy. Dow gains 31 points.

Date: Wed, 17 Mar 2010 09:34:14 -0500

Stocks move higher in the first moments of trading as investors remain
optimistic about the economy. Dow gains 31 points.

Tuesday, March 16, 2010

International Headline News

Date: Tue, 16 Mar 2010 20:02:08 -0400
>TOP STORIES as of 0800 HKT -- 17 March, 2010

> CLINTON: THERE'S NO CRISIS BETWEEN U.S. AND ISRAEL
U.S. Secretary of State Hillary Clinton dismisses the view that
relations between America and Israel are in crisis after a row
between the two countries over settlements.

> MEXICAN PRESIDENT VISITS CIUDAD JUAREZ
Mexican President Felipe Calderon made his third visit in a
little more than a month Tuesday to the troubled border city of
Juarez, where three people associated with the U.S. Consulate
were killed over the weekend.

> KILLED COUPLE IN MEXICO WERE EXPECTING
Lesley Enriquez went to a birthday party and brought her husband
and baby daughter along. After the food and cake and singing and
children's games were done, the family piled into the car and
headed home.

> IRISH CARDINAL ACCUSED OVER ABUSE PROBE
Ireland's top Catholic cardinal faces growing outrage over his
role in investigating one of the country's most notorious
child-abusing priests.

> U.S. RIGHT RALLY AGAINST HEALTH BILL
Conservative activists tried to put the brakes on health care
reform Tuesday, holding rallies on Capitol Hill intended to sway
wavering Democrats days before a final expected House of
Representatives vote on a sweeping $875 billion measure.


> TIGER WOODS TO PLAY IN U.S. MASTERS
Tiger Woods says he will play at the U.S. Masters in April after
being sidelined from golf by a sex scandal. He also said he
still has "work to do" in his personal life.

> THAI 'RED SHIRTS' GIVE BLOOD FOR PROTEST
Thai protesters plan to douse government offices in hundreds of
liters of their own blood unless Prime Minister Abhisit
Vejjajiva heeds their call for fresh elections.

> OPRAH DEFAMATION SUIT SET FOR TRIAL
A jury will decide whether Oprah Winfrey defamed the former
headmistress of her South African girls school when talking
about an abuse scandal in 2007, a federal judge ruled.

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

> JACKSON ESTATE SIGNS $250M RECORD DEAL
The administrators of Michael Jackson's estate and Sony Music
Entertainment have reached a recording deal valued at as much as
$250 million, according to published reports.

> TOYOTA QUESTIONS RUNAWAY PRIUS STORY
Toyota challenges the story of a Californian driver who claimed
the accelerator of his Prius stuck, causing the car to speed out
of control. The Japanese carmaker says the account is at odds
with the findings of an investigation.

> WHAT'S BEEN LOST IN TOYOTA CRISIS?
Consumer Reports auto editor Rik Paul says some facts have been
lost in the media firestorm, but the added focus on auto safety
is a good thing.

Markets, Tuesday, 03/16/2010

Date: Tue, 16 Mar 2010 17:38:38 -0500

|---------------------------------------------------------------------------|
| Dow : 10,685.98 up 43.83 | S & P : 1,159.46 up 8.95
|
| NASDAQ: 2,378.01 up 15.80 | Bond (10Y): 3.65% down 0.051
|---------------------------------------------------------------------------|

MARKETS:
Stocks rise after Fed holds rates
The Federal Reserve votes to keep interest rates steady near zero
percent, as expected. Standard & Poor's doesn't downgrade Greece.

Stocks close higher, with the S&P 500 ending at an 18-month high, after Federal Reserve leaves interest rates near zero.

Date: Tue, 16 Mar 2010 16:17:15 -0500

Stocks close higher, with the S&P 500 ending at an 18-month high,
after Federal Reserve leaves interest rates near zero.

Fed stands pat on U.S. rates and maintains 'extended period' phrasing

Date: Tue, 16 Mar 2010 14:16:52 -0400

Fed stands pat on U.S. rates and maintains 'extended period' phrasing
03/16/2010 02:14:12 PM EDT

Breaking News: Tiger Woods to return to golf at Masters

Date: Tue, 16 Mar 2010 09:30:21 -0600

PALM HARBOR, Fla. (AP) - Tiger Woods will return to golf at the
Masters next month. In a statement Tuesday, Woods said he will play at
Augusta National after a four-month hiatus because of a sex scandal.
The Masters begins on April 8.

Fed funds futures no crystal ball on rate hikes

Date: Tue, 16 Mar 2010 12:00:48 -0400

FED FUNDS FUTURES NO CRYSTAL BALL ON RATE HIKES
Fed funds futures are often used as a window into when institutional
investors expect the Federal Reserve to hike rates. But this
little-understood market has weaknesses as a predictive tool, say
traders.

DODD PROPOSES LIMITS ON BANK RISKS
Banks and other large financial institutions would face tough new
restrictions on how they lend, borrow, invest and trade under a
comprehensive financial reform bill proposed by Sen. Chris Dodd,
D-Conn.

CHRIS DODD'S REFORM EFFORT: HIS OWN LEGACY
Here's one way of looking at Sen. Christopher Dodd's financial reform
bill: if Wall Street hates it, it can't be all bad, writes David
Weidner.

HOW TO INVEST IN FED FUNDS FUTURES
The avenues for investors to make bets on the direction of the Federal
Reserve's interest rates are increasing as more retail investors and
day traders get involved in futures, analysts say.

Stocks edge up at the open as investors await the Fed's assessment of the economy. Dow gains 18 points.

Date: Tue, 16 Mar 2010 11:40:29 -0500

Stocks edge up at the open as investors await the Fed's assessment of
the economy. Dow gains 18 points.

Housing starts fall 5.9% in February while building permits drift 1.6% month over month, U.S. says. Both are better than forecast.

Date: Tue, 16 Mar 2010 11:40:00 -0500

Housing starts fall 5.9% in February while building permits drift 1.6%
month over month, U.S. says. Both are better than forecast.

Monday, March 15, 2010

International Headline News

Date: Mon, 15 Mar 2010 20:01:08 -0400
>TOP STORIES as of 0800 HKT -- 16 March, 2010

> VICTIMS WITH TIES TO U.S. WERE TARGETED, MEXICAN MAYOR SAYS Authorities believe killers targeted a pregnant woman and two
others connected with a U.S. consulate killed in drive-by
shootings, a Mexico mayor has said.

> ISRAEL MOVES TO END WEST BANK PROTESTS
In a bid to end what it calls illegal riots, the Israeli
military will prohibit outsider access to areas in two occupied
West Bank villages one day a week, according to a statement
explaining the move.

> EX-DIOCESE SUSPENDS SEX ABUSE PRIEST
A priest convicted of sexually abusing children -- and whose
subsequent move to another location was approved by the pope
when he was a cardinal -- is suspended.

> LIGHTS ON IN CHILE AFTER HUGE BLACKOUT
Electricity was restored Monday to all of Chile after an
overheated transformer caused a blackout Sunday over 90 percent
of the country, an official with Chile's largest electric
company said.

> U.N. CHIEF: HAITI AID EFFORT 'NOT ENOUGH'
U.N. Secretary-General Ban Ki-moon has promised Haitians he is
focused on maintaining donor solidarity as the quake-torn nation
struggles to rebuild, the organization said.


> THAI PM REJECTS PROTESTERS' DEMANDS
Anti-government protesters threatened Monday to begin collecting
hundreds of liters of blood to toss on official buildings as
they step up their efforts to bring down Thai Prime Minister
Abhisit Vejjajiva's administration.

> SEVEN DEAD AS STORM BATTERS U.S.
Crews worked to restore power to more than 400,000 homes as a
powerful low-pressure system churned off the Eastern Seaboard on
Monday.

> BA TO LEASE PLANES DURING STRIKE
Saying it plans to lease aircraft and provide replacement
workers, British Airways on Monday unveiled an ambitious
contingency plan in preparation for the first of two strikes by
the union members representing the airline's cabin crews.


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


> FRENCH WARN BERLIN OVER EUROZONE
Germany's trade surpluses built on holding down labor costs may
be unsustainable for the other countries in the eurozone,
France's finance minister said in an unusually blunt warning to
Berlin.

> CHINESE LEADER REJECTS CURRENCY PRESSURE
China is bracing for another tough year despite economic growth,
but opposes foreign pressure to appreciate the value of its
currency, Premier Wen Jiabao says.

Markets, Monday, 03/15/2010

Date: Mon, 15 Mar 2010 18:56:10 -0400

|---------------------------------------------------------------------------|
| Dow : 10,642.15 up 17.46 | S & P : 1,150.51 up 0.52
|
| NASDAQ: 2,362.21 down 5.45 | Bond (10Y): 3.70% down 0.006
|----------------------------------------------------------------------------|

MARKETS:
Mixed finish for stocks
Moody's comments on the U.S. debt rating and the Federal Reserve
meeting weigh on investors.

Late-day rally erases most of Wall Street's losses. Dow rises as Nasdaq slips, S&P 500 flat.

3/16/2010

Late-day rally erases most of Wall Street's losses. Dow rises as
Nasdaq slips, S&P 500 flat.

Senate Banking chairman Dodd unveils Wall Street reform bill, proposes consumer agency housed at Fed.

Date: Mon, 15 Mar 2010 16:45:29 -0400

Senate Banking chairman Dodd unveils Wall Street reform bill, proposes
consumer agency housed at Fed.

Dodd to propose limits on banks' risks

Date: Mon, Mar 15, 2010 at 12:00 PM

DODD TO PROPOSE LIMITS ON BANKS' RISKS
Banks and other large financial institutions would face tough new restrictions
on how they lend, borrow, invest and trade under a comprehensive financial
reform bill to be proposed by Sen. Chris Dodd, D-Conn.

WORLD CUP MANAGERS CARRY THE HOPES OF MILLIONS
National-team managers carry the dreams of millions to South Africa for the
World Cup, kicking off in June. The coach's job is a whirlwind: exhilirating
and unpredictable. For most, alas, it's also a can't-win affair.

U.S. FINANCIAL STOCKS SLIP IN EARLY TRADING
Bank stocks, paced by KeyCorp among others, beat an early retreat on Wall
Street.

U.S. STOCKS SINK AS OIL, ENERGY STOCKS SLIDE
U.S. stocks fall Monday, as declining crude-oil prices dragged down energy
stocks and technology stocks lagged following reports that Google may close its
Chinese-language site.

EUROPE STOCKS TRADE LOWER WITH POLITICS IN FOCUS
Europe stocks trade fall Monday, with investors watching politics, banks and
resource stocks.

Stocks inch lower at the open after last week's big push to 18-month highs for the Nasdaq and S&P. Dow dips 10 points.

Date: Mon, 15 Mar 2010 10:37:57 -0400

Stocks inch lower at the open after last week's big push to 18-month
highs for the Nasdaq and S&P. Dow dips 10 points.

Sunday, March 14, 2010

International Headline News

Date: Sun, 14 Mar 2010 20:02:07 -040
>TOP STORIES as of 0800 HKT -- 15 March, 2010

> THREE PEOPLE ASSOCIATED WITH U.S. CONSULATE KILLED IN MEXICO
Three people connected to the U.S. consulate in Ciudad Juarez,
Mexico, were killed in two drive-by shootings, a senior White
House official said.

> FOOTBALL: BECKHAM SUFFERS INJURY BLOW
David Beckham suffers a serious Achilles tendon injury, putting
his World Cup in doubt, before Clarence Seedorf scores in the
final minute to give AC Milan a 1-0 Serie A win over Chievo on
Sunday.

> RUSSIAN INVASION TV REPORT SPARKS PANIC
A TV station in Georgia triggers panic after broadcasting a mock
report about a Russian invasion of the country, raising fears of
a rerun of the 2008 invasion, above.

> TALIBAN: AFGHAN BLASTS A MESSAGE TO U.S.
Afghan authorities recover eight explosive-laden vests and three
rockets in Kandahar, indicating that the series of deadly
explosions were an organized attack, the interior ministry says.

> ISRAEL PROBES SETTLEMENT DECISION
Israel's PM orders an investigation into why settlement
construction in disputed territory was announced while U.S. Vice
President Joe Biden was visiting the country.

> ISRAELIS NAB SENIOR HAMAS LEADER
Israeli forces have arrested a senior Hamas operative they say
is responsible for killing more than 70 Israelis in various
terrorist attacks, the Israel Defense Forces said Sunday.

> PM'S ALLIANCE LEADS AFTER IRAQ ELECTION
Iraqi Prime Minister Nuri al-Maliki's alliance took the lead
Sunday after partial preliminary election results showed his
group ahead in five provinces, according to the electoral
commission.

> 'PACMAN' BEATS CLOTTEY TO RETAIN TITLE
Manny Pacquiao defeated Joshua Clottey decisively Saturday night
to retain his World Boxing Organization welterweight title.


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


> CHINESE LEADER REJECTS CURRENCY PRESSURE
China is bracing for another tough year despite economic growth,
but opposes foreign pressure to appreciate the value of its
currency, Premier Wen Jiabao says.

> CEO'S JOB 'NEEDS HEALTH WARNING'
Money, power, a jet-setting lifestyle -- why wouldn't you want
to be a CEO? There are plenty of reasons, according to CEOs
themselves.

> GOOGLE TO SHUT CHINA SEARCH TOOL
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.