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Feb 09, 2010
 
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  Marshals seek deadly Conn gas plant blasts cause AP (08 February 02:32)
AP - Fire marshals on Monday were preparing to start their investigation into a massive explosion that rocked an under-construction power plant where gas lines were being tested, killing at ...
  Convicted Chinese spy to get espionage sentence AP (08 February 02:09)
AP - An elderly Chinese-born engineer convicted of economic espionage for hoarding sensitive documents that included space shuttle details faces sentencing Monday, and prosecutors are seekin...
  Chinese police shut down hacker training business AP (08 February 01:56)
AP - Police in central China have shut down a hacker training operation that openly recruited thousands of members online and provided them with cyberattack lessons and malicious software, s...
  Worlds tallest tower lookout suddenly shuttered AP (08 February 12:58)
AP - The Burj Khalifa's owner said Monday the observation deck of the world's tallest tower has been unexpectedly shut down, potentially disappointing thousands of tourists and marring the s...
  Toyota readies global Prius recall Reuters (08 February 12:57)
Reuters - Toyota Motor Corp is preparing a recall of its new Prius hybrid car in Japan as early as Tuesday, followed by similar steps in the United States, Europe and other markets, a source...
  Oil near $72 amid US cold snap Iran tensions AP (08 February 10:41)
AP - Oil prices rose near to $72 a barrel Monday in Asia after hitting a two-month low last week, boosted by tensions over Iran's nuclear program and persistently cold weather in the U.S. no...
  THE INFLUENCE GAME Toyotas powerful DC friends AP (08 February 10:32)
AP - Toyota has friends in high places in Washington, including some of the very people now investigating the Japanese automaker.
  Super Bowl ads Betty White Bud Light big laughs AP (08 February 10:19)
AP - Betty White plays football, babies talk about "milkaholics" and a house made of Bud Light cans falls slowly apart.
  Asian stocks lower amid weak recovery fears AP (08 February 09:42)
AP - Asian stock markets extended their slide Monday on fears of sluggish economic recoveries in the U.S. and Europe, after Wall Street notched its fourth straight weekly drop.
  CIT names ex-Merrill CEO Thain as chairman CEO AP (08 February 07:51)
AP - CIT Group has chosen former Merrill Lynch CEO John Thain to lead the company as chairman and CEO as the commercial lender continues to restructure its business following a brief stay in...
  Toyota shares up after apology Prius recall news Reuters (08 February 06:30)
Reuters - Shares in Toyota Motor Corp edged higher after the head of the world's largest automaker made a public apology for safety problems and said it would bring in outside experts to rev...
  Gas blast at Conn power plant kills at least 5 AP (08 February 06:02)
AP - An explosion that sounded like a sonic boom blew out the walls of an unfinished power plant and set off a fire during a test of natural gas lines Sunday, killing at least five workers, ...
  Gas explosion at Conn plant kills at least 5 AP (08 February 04:28)
AP - The mayor of Middletown, Conn., says five people are known dead in a gas explosion at a power plant there.
  Obama invites GOP leaders to health care talk AP (08 February 04:28)
AP - In the first major step to revive his health care agenda after his party's loss of a filibuster-proof Senate majority, President Barack Obama on Sunday invited Republican and Democratic...
  Safety critic says Toyota has ducked problem Reuters (08 February 03:46)
Reuters - A consumer advocate set to testify this week in a congressional probe of safety issues at Toyota Motor Corp said on Sunday the automaker had skirted a full investigation of uninten...
  Kuwait to post 24 billion-dollar budget surplus forecast AFP (08 February 02:54)
AFP - Kuwait is set to post a surplus of 24 billion dollars in the current fiscal year on the back of higher oil prices, despite projecting a shortfall, an economic report forecast on Sunday...
  Conn power plant blast kills several injures 14 AP (08 February 02:34)
AP - Workers at a natural gas plant under construction were purging gas lines when a powerful explosion blew off part of the building Sunday, killing multiple people and injuring at least 14...
  Geithner says US credit rating safe despite debt AP (08 February 02:25)
AP - Treasury Secretary Timothy Geithner (GYT'-nur) says the U.S. government "will never" lose its sterling credit rating despite big budget deficits and a newly increased debt limit that no...
  Goldmans payment demands on AIG probed report Reuters (08 February 01:42)
Reuters - U.S. regulators are investigating whether the mortgage insurance market was improperly distressed in 2008 because of payment demands that Goldman Sachs Group Inc and other banks m...
  SAP CEO resigns replaced by 2 co-chief executives AP (08 February 01:20)
AP - The chief executive of German software company SAP AG, Leo Apotheker, has resigned after his contract was not renewed and two new co-CEOs have been named, the company said Sunday.
  Average gas prices down 576 cents nationwide AP (08 February 12:48)
AP - The average price of regular gasoline in the United States fell 5.76 cents over a two-week period to $2.67.
  Toyota loses some luster in hometown over recalls AP (08 February 12:30)
AP - Even in its hometown, the great automaker has lost some of its mystique.
  Stock investors see threats from all directions AP (08 February 12:27)
AP - The threats seem to be coming from all directions.
  Arctic meeting a turning point for G-7 AP (08 February 12:03)
AP - A meeting of finance officials from the Group of Seven leading industrialised countries in this tiny Arctic outpost certainly lived up to host Canada's billing as a gathering with a dif...
  Swiss minister urges debate on tax data report Reuters (07 February 08:50)
Reuters - Switzerland must consider the automatic exchange of tax information with European Union governments if Swiss banks are to have unlimited access to EU markets, the country's finance...
  Nigerian militants claim attack on Shell pipeline AP (07 February 08:41)
AP - A Nigerian militant group claims to have attacked an oil pipeline operated by Royal Dutch Shell PLC in the Niger Delta but oil company officials could not confirm the attack.
  Greece sticks to austerity plan finance minister Reuters (07 February 07:17)
Reuters - Greece will stick to its deficit-cutting plan and the first three months of the year will be crucial for regaining investors and EU confidence, the country's finance minister said ...
  Finance officials work to stress economic unity AP (07 February 05:52)
AP - Top international finance officials renewed their commitments to keep spending to support a global rebound while playing down differences over new U.S. approaches on bank reform.
  Toyota to announce action soon for Prius hybrids AP (07 February 05:47)
AP - Toyota said Sunday that it will soon announce plans to deal with braking problems in its prized Prius hybrid amid reports it has decided to issue a recall for the latest model in Japan,...
  Mandelson attacks EU on banking reform AFP (07 February 04:44)
AFP - Business Secretary Peter Mandelson attacked the European Union on Sunday for failing to provide stronger international leadership on banking reform following the financial crisis.
  Boeing says 747-8 freighter to make first flight AP (07 February 03:17)
AP - Boeing Co.'s giant 747-8 freighter should make its first flight Monday after performing well on taxi tests and reaching a top speed of about 103.5 mph, the company said.
  Toyota to recall Prius for brake glitch dealer Reuters (07 February 09:59)
Reuters - Toyota Motor Corp, which has recalled more than 8 million vehicles around the world for problems with unintended acceleration, has decided to recall its new Prius hybrid in Japan t...
  Toyota dealer in Japan carmaker plans Prius recall Reuters (07 February 09:35)
Reuters - A Toyota Motor Corp (7203.T) dealer said on Sunday the automaker had informed him of its plans to recall the third-generation Prius cars in Japan as early as the next few days beca...
  G7 to continue stimulus until global economy on track AFP (07 February 08:51)
AFP - Finance ministers from leading industrialized nations vowed to continue epic deficit spending to bolster a fragile global recovery at the end of G7 talks in Canada's far north.
  Toyota drivers pull in for repair Prius fix looms AP (07 February 05:17)
AP - Responding to two recalls and facing the prospect of another one, Toyota dealers across the country were repairing thousands of cars Saturday, the first weekend day that many drivers ha...
  Obama GOP sparring over job creation proposals AP (07 February 04:39)
AP - Republicans sparred with President Barack Obama in their Saturday media addresses over proposals to create jobs, further evidence of the difficulty of bipartisan solutions to the nation...
  INSIDE WASHINGTON Missed signs in Toyota recalls AP (07 February 02:51)
AP - When Peter Boddeart's Lexus lurched forward and rear-ended another vehicle in Fauquier County, Va., earning him a police citation, he wrote to federal regulators imploring them to look ...
  Frustrated job seekers deciding to call it quits AP (07 February 01:05)
AP - Many jobless people have reached a conclusion that captures the depth of the unemployment crisis: Looking for a job is a waste of time.
  Italys ENI withdraws Uganda oil reserves bid AFP (07 February 12:55)
AFP - Italy's ENI has withdrawn a bid to buy Ugandan oil reserves currently controlled by Canada's Heritage Oil after Britain's Tullow invoked preemption rights, Dow Jones reported Saturday.
  Dubais Shuaa Capital narrows Q4 loss to $42 million Reuters (06 February 10:57)
Reuters - Dubai's Shuaa Capital narrowed its net loss 73 percent in the fourth quarter, as the investment bank's brokerage and private equity operations returned to profit and its corporate...
  Jobless rate hits 5-month low but payrolls fall Reuters (06 February 06:33)
Reuters - The U.S. unemployment rate surprisingly fell to a five-month low of 9.7 percent in January and factory payrolls grew for the first time since 2007, hinting at a labor market recove...
  Geithner meets Japanese counterpart AFP (06 February 06:29)
AFP - US Treasury Secretary Timothy Geithner held bilateral talks with Japanese counterpart Finance Minister Naoto Kan Friday on the sidelines of G7 talks here, the US delegation said.
  Toyotas Pain Will Be Rivals Gain With Little Net Economic Impact Investors Business Daily (06 February 05:26)
Investor's Business Daily - While Toyota tries to maneuver its way out of problems tied to the carmaker's massive safety recall, questions linger over how its woes will affect the U.S. econo...
  Limited Brands sets dividend of 15 cents per share AP (06 February 05:08)
AP - Clothing retailer Limited Brands Inc. says it will pay a quarterly dividend of 15 cents per share.
  Mo agency says IRS failed to pay $172 waste fee AP (06 February 05:06)
AP - A Missouri agency says the IRS has failed to pay a small hazardous waste fee that's more than three years overdue.
  Consumer credit down in Nov for record 11th month AP (06 February 04:17)
AP - Americans borrowed less for an 11th consecutive month in December, paying off credit cards while increasing borrowing for cars and other products.
  Beazer Homes posts a $48 million profit for Q1 AP (06 February 12:20)
AP - Homebuyers spurred by low interest rates and government incentives helped lift Beazer Homes USA Inc.'s sales in the last three months of 2009, but the builder only turned a profit becau...
  JPMorgan CEO Dimon gets $16 million in stock options Reuters (05 February 10:49)
Reuters - JPMorgan Chase & Co JPM.N>, which reported $11.7 billion in profit in 2009, awarded Chief Executive Jamie Dimon a compensation package worth about $16 million.
  FTSE slumps on debt fears AFP (05 February 10:36)
AFP - London stocks took a nosedive Friday as the market reacted to increasing unease about the level of debt accrued by Eurozone countries including Spain and Greece.
  European debt fears plague world markets again AP (05 February 10:30)
AP - European and U.S. stock markets fell sharply again Friday despite a surprise improvement in the U.S. unemployment rate, as investors fretted about the debt crisis enveloping Europe afte...
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