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Updated: 3 min 34 sec ago

Euro, Aussie hit by wave of profit taking post ECB - Reuters

13 min 38 sec ago

BBC News

Euro, Aussie hit by wave of profit taking post ECB
Reuters
By Ian Chua | SYDNEY (Reuters) - The euro and commodity currencies nursed heavy losses in Asia on Thursday as investors cut bullish positions after key events including the European Central Bank's cash injection passed without surprise.
Canada's Dollar Climbs to Strongest in Five Months on ECB Loans, BalancingBloomberg
Impact Of ECB's Refinancing Operation Declining, May Be LastWall Street Journal
Banks should learn to go it aloneFinancial Times
BBC News -New York Times -MarketWatch
all 2,754 news articles »

GLOBAL MARKETS-US stocks fall after Bernanke remarks; gold crumbles - Reuters

24 min 51 sec ago

Globe and Mail

GLOBAL MARKETS-US stocks fall after Bernanke remarks; gold crumbles
Reuters
* US stocks fall for 1st time in five sessions * Gold falls 5 pct, biggest drop in three years * Bernanke disappoints investors who hoped for stimulus hint * Brent crude closes February with biggest gains in a year By Barani Krishnan and Herbert Lash ...
Federal Reserve Chairman Sees Modest GrowthNew York Times
ADR Report: Shares Lower Following Bernanke RemarksWall Street Journal
Bernanke Affirms Low-Rate Pledge Without Offering Further Easing OptionsBloomberg
San Francisco Chronicle -The Associated Press -Financial Times
all 1,116 news articles »

US Was Net Oil-Product Exporter in 2011 - Bloomberg

36 min 38 sec ago

Bloomberg

US Was Net Oil-Product Exporter in 2011
Bloomberg
Daniel Acker/Bloomberg A crude oil well site outside South Heart, North Dakota, on Feb. 10, 2012. The US exported more gasoline, diesel and other fuels than it imported in 2011 for the first time since 1949, the Energy Department said today.
NYMEX-US crude ends higher, posts gain for FebruaryReuters
Oil ends higher, logs nearly 9% rise in FebruaryMarketWatch
OIL FUTURES: Crude Ends Higher, Shrugging Off Inventory BuildWall Street Journal
San Francisco Chronicle -Economic Times -NASDAQ
all 1,957 news articles »

GM, Peugeot target savings, test history with alliance - Reuters

37 min 11 sec ago

USA TODAY

GM, Peugeot target savings, test history with alliance
Reuters
By Ben Klayman and Laurence Frost | DETROIT/PARIS (Reuters) - General Motors Co and PSA Peugeot Citroen will form a global alliance targetting a cut in annual costs of at least $2 billion without plant closings or job cuts in Europe, ...
GM will buy 7% of Peugeot in alliance on vehicles, partsUSA TODAY
General Motors to take Peugeot stake in allianceLos Angeles Times
GM and Peugeot confirm allianceFinancial Times
Chicago Tribune -ABC News
all 599 news articles »

Michael Jordan Selling Illinois Home for $29M - BusinessWeek

42 min 50 sec ago

Toronto Star

Michael Jordan Selling Illinois Home for $29M
BusinessWeek
By Scott Soshnick on February 29, 2012 Michael Jordan, who led the Chicago Bulls to six National Basketball Association championships during his Hall of Fame career, is selling his suburban home for $29 million. The 56000-square-foot Highland Park, ...
Michael Jordan lists suburban mansion for $29 millionChicago Tribune
9 bedrooms, full-size court: Jordan home for saleTwin Falls Times-News
For sale: Michael Jordan's Highland Park home for $29 millionLake County News Sun
The Virginian-Pilot -USA TODAY
all 298 news articles »

Wall St 2011 cash bonuses to dip 14 pct-NY official - Reuters

55 min 11 sec ago

Politico

Wall St 2011 cash bonuses to dip 14 pct-NY official
Reuters
By Joan Gralla and Steven C. Johnson NEW YORK Feb 29 (Reuters) - Wall Street cash bonuses for 2011 fell to their lowest level in three years as volatile trading and stiffer regulations took a toll on profits, New York State's comptroller said Wednesday ...
Wall Street 2011 Cash-Bonus Pool Shrank 14% -NY State ComptrollerWall Street Journal
Hard times on Wall Street: avg. cash bonuses to drop to $121150Chicago Sun-Times
Wall Street Bonuses Drop To $19 BillionWCTI12.com
CNN -WNYC -The Associated Press
all 333 news articles »

'iPad 3': Rumors ramp up as March 7 event nears - Washington Post

1 hour 8 min ago

Chicago Tribune

'iPad 3': Rumors ramp up as March 7 event nears
Washington Post
Apple sent out invitations Tuesday for what's expected to be an 'iPad 3' media event, and one analyst is saying that the new tablet may be “significant”thanks to rumored features. The Post's Hayley Tsukayama reports: Shaw Wu of Sterne Agee said in an ...
Apple reportedly getting ready to pay dividendChicago Tribune
Apple Dividend Seen Returning Part of $98 Billion in Cash: TechSan Francisco Chronicle
Early March Brings Apple's Newest iPadDaily Gossip
Bloomberg -Forbes
all 55 news articles »

James Murdoch quits role at UK newspaper branch - The Associated Press

1 hour 11 min ago

The Guardian

James Murdoch quits role at UK newspaper branch
The Associated Press
LONDON (AP) — James Murdoch, his credibility diminished and his future at the helm of his father's media empire in doubt, stepped down Wednesday as executive chairman of News International, the troubled British newspaper subsidiary embroiled in a ...
James Murdoch Steps Down as Chairman of News Corp. U.K. UnitSan Francisco Chronicle
James Murdoch steps down from NIThe Guardian
James Murdoch quits as hacking claims keep comingSydney Morning Herald
Washington Post
all 1,234 news articles »

US factory, income data support growth outlook - Reuters

1 hour 17 min ago

USA TODAY

US factory, income data support growth outlook
Reuters
* Fourth-quarter GDP growth revised to 3 percent from 2.8 percent * Consumer, business spending account for revisions * Inventory accumulation lowered, income growth raised * Midwest factory activity gauge rises to 10-month high By Lucia Mutikani ...
US grew a revised 3% in fourth quarterMarketWatch
US economy grows at 3% annual pace in Q4Economic Times
Economic growth in US better than expectedSan Jose Mercury News
DailyFinance
all 522 news articles »

Stocks turn down despite upbeat GDP report - USA TODAY

1 hour 33 min ago

USA TODAY

Stocks turn down despite upbeat GDP report
USA TODAY
NEW YORK (AP) – The Nasdaq composite index briefly touched 3000 on Wednesday for the first time since the collapse in dot-com stocks more than a decade ago. Stocks ended lower, but it was still the best February on Wall Street in 14 years.
Nasdaq hits 3000 but closes downFinancial Times
S&P 500 Posts Best February in 14 YearsFox Business
Nasdaq cracks 3000, but stocks fallDailyFinance
CNN
all 2,638 news articles »

Fannie Mae, BofA At Odds Over Who Dumped Whom - Forbes

1 hour 42 min ago

Los Angeles Times

Fannie Mae, BofA At Odds Over Who Dumped Whom
Forbes
Last week, BofA said it let its deal to sell mortgages to the government-sponsored enterprise (GSE) expire due to ongoing disputes over putback claims, or the right of buyers to force sellers to repurchase shoddy mortgages under certain conditions.
Fannie Mae asks US for $4.6 billion after 4th-quarter lossLos Angeles Times
Fannie Mae to ask Treasury for $4.6bn moreFinancial Times
Fannie, Freddie Won't Write Down Mortgage PrincipalWBUR
Wall Street Journal
all 631 news articles »

'Uneven' Recovery Poses Conundrum for Fed - Wall Street Journal

1 hour 51 min ago

Chicago Tribune

'Uneven' Recovery Poses Conundrum for Fed
Wall Street Journal
Dow Jones Reprints: This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool at the bottom of any article or visit ...
All areas of the country show growth, Fed reportsThe Associated Press
All areas of the US show growth, Fed reportsUSA TODAY
US Economy Grew at 3% Pace in Late 2011New York Times
MarketWatch -Bloomberg
all 406 news articles »

S&P 500 Logs Best Start to Year Since 1991 - CNBC.com

2 hours 5 min ago

Moneycontrol.com

S&P 500 Logs Best Start to Year Since 1991
CNBC.com
Stocks closed in the red Wednesday as Bernanke dashed hopes for further monetary stimulus during his speech to Congress on the economy. Still, the S&P has surged 8.7 percent since January, logging its best start to the year since 1991.
US STOCKS-Wall St edges down after Bernanke but data supportsReuters
Stocks Close Mostly Lower On Late Day Weakness - U.S. CommentaryNASDAQ
Nasdaq hits 3000 for first time since 2000Financial Times
Bloomberg -BusinessWeek -San Francisco Chronicle
all 255 news articles »

Silver Lining For Euro: 'Carry Trade' Role Won't Add Pressure - Wall Street Journal

3 hours 5 min ago

The National

Silver Lining For Euro: 'Carry Trade' Role Won't Add Pressure
Wall Street Journal
NEW YORK (Dow Jones)--The euro may be unloved by investors around the globe, but it's unlikely to be dragged down by the dreaded "carry trade." For years, Wall Street analysts have speculated that the euro could suffer at the hands of this investment ...
FOREX-Dollar gains vs euro, yen as Bernanke gives no QE3 signalReuters UK
Yen Rises Amid Concern Oil Rally, Greek Crisis Will Slow GrowthBusinessWeek
Yen Gains as Stocks Decline Amid Concern Oil Rally Will Slow Global GrowthBloomberg
Financial Times -San Francisco Chronicle
all 4 news articles »

United Airlines booking system to erase Continental this weekend - Chicago Tribune

3 hours 23 min ago

Chicago Tribune

United Airlines booking system to erase Continental this weekend
Chicago Tribune
The public face of Continental Airlines will vanish for good this weekend when the carrier and United Airlines adopt a single passenger reservation system, a step that -- at least in the public eye -- will finally cement their 2010 merger.
Facing Costly Fuel, Airlines Push Fares HigherABC News
United Flight Attendants Ratify New Labor PactWall Street Journal
Airlines raise fares again, point to higher fuel costsLos Angeles Times
Reuters
all 411 news articles »

Angry Birds fly to Facebook, Asia and ... Space - Reuters

4 hours 20 min ago

Angry Birds fly to Facebook, Asia and ... Space
Reuters
| BARCELONA (Reuters) - Finnish gaming firm Rovio expects to boost growth for months to come, with expansion in Asia, to Facebook and with the launch of Angry Birds Spaces, its marketing chief told Reuters in an interview. Angry Birds, in which players ...
Angry Birds Spaces and FacebookMyBroadband
'Angry Birds' raid leads to broader discussion on counterfeit goodsDowntown Express

all 5 news articles »

Bernanke Says Dodd-Frank's Volcker Rule Won't Be Ready by July 21 Deadline - Bloomberg

5 hours 1 min ago

Bloomberg

Bernanke Says Dodd-Frank's Volcker Rule Won't Be Ready by July 21 Deadline
Bloomberg
Federal Reserve Chairman Ben S. Bernanke said the central bank and other regulators won't meet a July deadline to complete work on the so-called Volcker rule limiting proprietary trading at banks. The ban is set to take effect by July 21 even if the ...
Bernanke: 'Volcker Rule' Won't Be Set by JulyWall Street Journal
Bernanke: Banks Will Have Time To Adjust To, Adopt Volcker RuleFox Business
Bernanke: Volcker Rule Will Be LateAmerican Banker
Reuters -The Associated Press
all 145 news articles »

Georgia Banks Post First Annual Profit Since 2008 - LoanSafe

6 hours 12 min ago

Forbes

Georgia Banks Post First Annual Profit Since 2008
LoanSafe
(Source J. Scott Trubey The Atlanta Journal-Constitution (MCT) — Georgia's banks collectively finished 2011 in the black, turning a third straight quarterly profit and reporting full-year net earnings for the first time since 2008, according to a ...
Tennessee banks made $260 billion in 2011, up 266%Memphis Business Journal
FDIC: Bank profits at 5-yr high, but revenue fallsMarketWatch
FDIC says US banks in position to help economyReuters
Wall Street Journal -Washington Post
all 393 news articles »

Wall Street Bonus Drop Means Trading Aspen for Discount Cereal - Bloomberg

6 hours 26 min ago

Bloomberg

Wall Street Bonus Drop Means Trading Aspen for Discount Cereal
Bloomberg
Andrew Schiff was sitting in a traffic jam in California this month after giving a speech at an investment conference about gold. He turned off the satellite radio, got out of the car and screamed a profanity. “I'm not Zen at all, and when I'm freaking ...
Wall Street's profits fell a whopping 51 percent last year, but compensation ...Washington Post (blog)
Wall Street Bonus Withdrawal Means Trading Aspen for Cheap ChexBusinessWeek
The Poor Lives of Rich PeopleThe Atlantic Wire
DealBreaker -Policyshop (blog) -New York Magazine
all 9 news articles »

Abbott to commercialize Galapagos autoimmune drug - MarketWatch

6 hours 48 min ago

Proactive Investors USA & Canada

Abbott to commercialize Galapagos autoimmune drug
MarketWatch
By Nathalie Tadena Abbott Laboratories (NYSE:ABT) said it has entered an agreement with Galapagos NV to develop and commercialize an oral treatment for rheumatoid arthritis and other autoimmune diseases. The treatment, GLPG0634, is currently in Phase ...
Abbott inks drug R&D deal with Belgium's GalapagosCBS News
Abbott inks alliance with Galapagos to make, sell arthritis drugProactive Investors USA & Canada
Abbott to pay Galapagos up to $1.35 for arthritis drugReuters
Wall Street Journal
all 60 news articles »