U.S.
U.S. Stocks Gain on Prospects for EU Bailout of Greece; Coca-Cola Advances U.S. stocks rallied, sending the Dow
Jones Industrial Average back above 10,000, as prospects for a
bailout of Greece eased concern that deteriorating government
finances will derail the global economic recovery.
Paulson Tells Buffett U.S. to Get `Every Penny' of Bailout Back From Banks Former Treasury Secretary Henry
Paulson, responding to a question from billionaire Warren
Buffett, said the U.S. government will be repaid in full for the
funds it put into the country’s lenders.
Disney Profit Tops Analysts' Estimates on TV Gains, Stabilizing Parks Unit Walt Disney Co., the world’s biggest
media company, reported fiscal first-quarter profit that beat
analysts’ estimates as TV revenue rose and theme-park results
stabilized.
Terreno IPO Prices on Third Attempt After Size of Offering Reduced by 42% Terreno Realty Corp., the first U.S.
company to postpone an initial public offering this year, raised
$175 million in its third attempt after chopping the amount it
sought to raise by 42 percent.
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.
Airgas Rejects $5.1 Billion Air Products Offer for Third Time as Too Low Airgas Inc. rejected a $5.1 billion
cash buyout offer from rival Air Products & Chemicals Inc., the
third time its directors have spurned attempts to form the
largest U.S. industrial-gas company.
Baidu's Sales Forecast Beats Estimates as Google Considers Exiting China Baidu Inc., owner of China’s most
popular Internet search engine, forecast sales that topped
estimates after Google Inc. said it may exit the world’s largest
Web market. The shares jumped as much as 10 percent.
Chevron Says Author's Conflict of Interest Taints Amazon Pollution Report Chevron Corp. said a report proposing
that the company pay $27 billion for alleged environmental
damage in Ecuador should be thrown out because the court-
appointed author owns a cleanup company and didn’t disclose his
conflict of interest.
American Airlines Preserves `Asian Strategy' as JAL Opts to Keep Alliance AMR Corp.’s American Airlines
preserved the Asian portion of its global network by fending off
Delta Air Lines Inc.’s bid to pry Japan Airlines Corp. out of
the Oneworld alliance.
Knight to Offer Nordic Stocks on European Service to Expand Outside U.S. Knight Capital Group Inc. plans to
offer 75 Nordic stocks on its European Knight Link service,
which matches trades between retail and institutional brokers,
as it seeks to expand outside the U.S.
Washington Closes Down, Flights Canceled in Northeast as Snowstorm Looms The U.S. House of Representatives has
canceled votes for the week, hundreds of flights have been
scrubbed and Amtrak still isn’t running a full schedule as a
“paralyzing” storm packing as much as 20 inches of snow bears
down on the East Coast.
Obama's Labor Board Nomination Held Up as U.S. Senate Fails to End Debate President Barack Obama’s nomination of
union lawyer Craig Becker to the National Labor Relations Board
was dealt a setback as the Senate failed to garner enough votes
to proceed to a confirmation.
U.S. Says North Korea Must Follow Non-Nuclear Pledge With Concrete Action The U.S. said North Korean leader Kim
Jong Il’s declaration that he is committed to shelving the
country’s nuclear weapons program must be followed by action to
rejoin international negotiations.
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