U.S.

Obama Doesn't `Begrudge' Millions in Bonuses for `Savvy' Blankfein, Dimon President Barack Obama said he doesn’t “begrudge” the $17 million bonus awarded to JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon or the $9 million issued to Goldman Sachs Group Inc. CEO Lloyd Blankfein, noting that some athletes take home more pay.

U.S. Stock Futures Fluctuate on Prospects for Greece Rescue; Dell Advances U.S. stock-index futures fluctuated, a day after the Dow Jones Industrial Average rallied back above 10,000, as investors weighed the prospects of Germany bailing out Greece.

Trade Deficit in U.S. Unexpectedly Increased in December on Fuel Imports The trade deficit in the U.S. unexpectedly widened in December, reflecting a jump in petroleum imports that swamped an eighth consecutive gain in exports.

Default Swaps Signal Bond Rebound as GMAC Sells $2 Billion: Credit Markets The cost to protect bonds from default fell the most since November and companies with speculative credit ratings sold more than $3 billion of debt, a signal the rally in corporate securities may resume.

Toyota Faces U.S. Recall Probe With Lobbying Budget Bigger Than Chrysler's Alesia Murdoch has spent 11 years building transmissions at the Toyota Motor Corp. plant in Buffalo, West Virginia. Yesterday, she got a new job: Lobbyist.

Wyndham Reports $73 Million Quarterly Profit as Company Triples Dividend Wyndham Worldwide Corp., the franchiser of Days Inn hotels and Super 8 motels, reported a fourth-quarter profit and said it will triple its dividend.

Latin America

Brazil May Invest $11 Billion to Revive Telebras, Slash Broadband Prices Brazil may invest up to 20 billion reais ($11 billion) to revive state-owned telephone company Telecomunicacoes Brasileiras SA and increase competition by offering broadband services for half the price charged by local carriers, an official said.

Larrain Pledges to Double Chile's Economic Growth as Next Finance Minister Felipe Larrain takes over as Chile’s finance minister next month, charged with creating 1 million jobs and speeding up the country’s recovery from the deepest slump in a decade.

Brazil Congress `Unlikely' to Vote Oil Laws By April, Bank of America Says Brazil’s Congress is “unlikely” to approve by April a package of oil legislation that includes a share capitalization of Petroleo Brasileiro SA, the state- controlled oil producer, Bank of America said in a note to clients.

Camargo Correa to Pay $1.3 Billion for Cimpor Stake Owned by Teixeira Camargo Correa SA, a Brazilian cement maker, agreed to buy 22.2 percent of Cimpor-Cimentos de Portugal SGPS SA to become the biggest shareholder, heating up a three-way Brazilian pursuit for parts or all of the Portuguese company.

Chile Analysts Lift 2010 Growth, Inflation Estimates in Central Bank Poll Chilean economists raised their growth forecasts for this year after a faster-than-expected expansion in December, according to the central bank’s monthly survey.

Exclusive

Colgan Crash That Killed 50 Sparks Widows' Quest for Damages That Punish Robin Tolsma and Jennifer West call each other every day, sharing stories about their kids, their grief and their anger. Their husbands, Darren Tolsma and Ernie West, sat next to each other on Continental Airlines Connection Flight 3407 when it crashed last Feb. 12 outside Buffalo, New York, less than eight miles from their homes.

`Invincible' High-Speed Trains Undercut China Southern to Snare Travelers China Southern Airlines Co., the nation’s largest carrier, and Air China Ltd. are slashing prices to compete with the country’s new high-speed trains in a battle that Europe’s airlines have largely already ceded.

China May Choose to Increase Wages Over Yuan Gains to Narrow Trade Surplus China, under international pressure to reduce its trade surplus, may choose to shrink it through raising workers’ wages rather than letting the yuan appreciate, Credit Suisse Group AG said.

Haitian Commerce Revives as Entrepreneurs Restart Plants, Recycle Rubble From his office off the floor of Interamerican Wovens SA, a garment factory in earthquake- stricken Port-au-Prince, Hector Soto watches 540 workers stitching pink and turquoise medical scrubs for the U.S. market.

Timoshenko's Challenge to Ukraine Power Transition May Stall IMF Bailout Ukraine’s prospects of a smooth power transfer that could help free up its bailout loan are fading as backers of Yulia Timoshenko, the loser in the Feb. 7 presidential election, called for street protests and demanded a ballot recount after saying they suspected electoral fraud.

Canon Says It Will Stick to $1 Billion Bid for Oce, Defying Hermes, Orbis Canon Inc. said it will stick to its $1 billion offer to buy Dutch printer maker Oce NV, rejecting calls by shareholders including Hermes Fund Managers Ltd. and Orbis Funds to raise the bid.