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.
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.