U.S.
Obama Proving Pessimists Wrong as Rebounding Economy Converges With Stocks The political consensus may be that
President Barack Obama’s handling of the economy has been weak.
The judgment of money in all its forms has been overwhelmingly
positive, and that may be the more lasting appraisal.
Stocks in U.S. Climb as Concern Over Greece's Budget-Deficit Crisis Wanes U.S. stocks rose as concerns about
Greece’s financial crisis waned, a day after the Standard &
Poor’s 500 Index closed at a seven-week high.
Unemployment Eased in Nine U.S. States in January, Labor Department Says The unemployment rate decreased in
nine U.S. states in January and climbed in 30, signaling the
thawing of the labor market is not broad-based.
Citigroup Plans $2 Billion TruPS Sale After Repaying U.S.: Credit Markets Citigroup Inc., seeking capital
after repaying bailout funds to the Treasury, is selling trust
preferred securities as rising investor demand drives borrowing
costs to near the lowest in almost five years.
Buyout Funds Can't Spend $503 Billion as Venture Capital Deja Vu Threatens Buyout funds sitting on half a
trillion dollars committed by investors may need more than a
decade to put the money to work if mergers and acquisitions
continue at the current pace.
Hedge-Fund Losses Show Drop in Euro Fails to Benefit All Currency Traders Hedge funds that trade currencies
are taking hits from politicians casting them as speculators out
to sink the euro and push Greece into insolvency. They are also
losing money.
Terra Industries Tells Suitor Yara That CF's $4.68 Billion Bid Is Superior Terra Industries Inc., the target
of a bidding war, told suitor Yara International ASA that an
offer of $4.68 billion from fertilizer producer CF Industries
Holdings Inc. is superior and asked for a counterproposal.
American, BA Offer to Cede London Airport Slots to Boost Alliance Chances AMR Corp.’s American Airlines and
British Airways Plc offered to cede at least four takeoff and
landing slots in London for flights to New York and three other
U.S. cities to win approval for their proposed alliance.
Fed `Extended Period' Rate Pledge Called Inflexible by Four Policy Makers The Federal Reserve’s pledge to
keep interest rates close to zero for an “extended period” has
come under criticism from policy makers who say it’s restricting
their room to maneuver as the economy recovers.
Florida Orange-Crop Estimate Increased 1.6% After Freeze Damage Assessed The Florida orange crop, the
world’s second-largest, will be 1.6 percent bigger than
estimated last month, the U.S. Department of Agriculture said
after assessing damage from a January freeze.
Biden Says Israel, Palestinians to Be Held Accountable for Peace Obstacles Vice President Joe Biden said Israel
and the Palestinians will be held “accountable” for actions
jeopardizing peace efforts, such as Israeli approval of a plan
for new homes in east Jerusalem.
Obama's Health-Care Push Gets Challenge From Coalition of Business Groups President Barack Obama is facing a
renewed push against his health-care legislation as a coalition
of business groups plans to spend as much as $1 million a day on
advertisements to pressure lawmakers into voting “no.”
Hurricane Season Poses an `Above-Normal' Threat to U.S., AccuWeather Says The 2010 Atlantic hurricane season
will be more active than last year’s and poses an “above-
normal” threat to the U.S. Gulf and East coasts, AccuWeather
Inc. forecasters said today.
FEEDBACK
HOME
