Worldwide
Stocks, Euro, Commodities Rally on Speculation Greece Will Receive EU Help Stocks rallied, with emerging-market
equities recovering from the worst three-day slide in a year,
and the euro and commodities gained as European officials said
they were considering financial assistance for Greece.
Treasuries tumbled, while Greek bonds surged.
Greek Aid Package Considered by EU to Ease Region's Biggest Budget Deficit European officials said they are
considering assistance for Greece as its struggle to contain the
European Union’s highest budget deficit threatens to erode
confidence in the euro.
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.
MetLife Said to Weigh Using $8 Billion of Stock to Fund AIG Alico Buyout MetLife Inc. may use stock to pay for
more than half of the planned $15 billion purchase of an
American International Group Inc. life insurance unit, said
three people with knowledge of the matter.
Toyota Faces U.S. Recall Probe With Lobbying Budget Bigger Than Chrysler's Toyota Motor Corp. is armed with one
of the auto industry’s biggest lobbying budgets as it faces U.S.
government and congressional inquiries into millions of vehicles
recalled for sudden acceleration.
XL Capital Has Narrower Fourth-Quarter Loss as Investment Results Improve XL Capital Ltd., the insurer that
gained the most in the Standard & Poor’s 500 Index last year,
reported a narrower fourth-quarter loss on improved investment
results.
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.
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.
Jobs Bill to Be Introduced in U.S. Senate as Reid Seeks Passage This Week Senate Democrats said they will push
for passage this week of a U.S. job-creation plan that includes
a payroll tax holiday for companies that hire unemployed workers
and $20 billion for highway construction.
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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