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Boston Globe
Thieves steal $70 million in Rx drugs
MiamiHerald.com
HARTFORD, Conn. -- (AP) -- Thieves scaled a wall at a pharmaceutical warehouse over the weekend, cut a hole in the roof, and rappelled inside to steal about $70 million in antidepressants and other prescription drugs, authorities said Tuesday. ...
Lilly Drugs Stolen in Warehouse HeistWall Street Journal
$75 million of Rx drugs stolen from warehousePittsburgh Post Gazette
Lilly Has $75 Million in Drugs Stolen From WarehouseBusinessWeek
The Associated Press -Los Angeles Times -RTT News
all 573 news articles »
Categories: BUSINESS
AFP
TEXT-BOJ statement on monetary policy
Reuters
TOKYO, March 17 (Reuters) - The Bank of Japan eased monetary policy further on Wednesday as expected after a drumbeat of government pressure for fresh action to beat deflation, but the split vote suggests the board may have had difficulty justifying ...
Kiwi Pares Gains Versus Yen as BOJ Members Dissent on EasingBloomberg
Asian Shares Mostly Up After Fed; BOJ Move Aids TokyoMarketWatch
In Split Vote, BOJ Eases Monetary Policy FurtherWall Street Journal
BusinessWeek -Reuters -Reuters
all 768 news articles »
Categories: BUSINESS
MiamiHerald.com
Bernanke to defend Fed role on smaller bank supervision - WSJ
Reuters
March 17 (Reuters) - Federal Reserve Chairman Ben Bernanke will defend the central bank's supervision of smaller banks in a hearing before the House Financial Services Committee on Wednesday, the Wall Street Journal said. Bernanke is set to take on a ...
Bernanke Will Tell Congress Bank Oversight Aids Monetary PolicyBusinessWeek
Bernanke to Defend Fed RoleWall Street Journal
Bernanke to wage fresh battle for Fed powersThe Associated Press
FOXBusiness -9&10 News -Wall Street Pit (blog)
all 246 news articles »
Categories: BUSINESS
Reuters
Simon Said to Be Preparing a Revised Offer for General Growth
BusinessWeek
March 17 (Bloomberg) -- Simon Property Group Inc., the biggest US mall owner, is preparing a new offer for General Growth Properties Inc., a month after being turned down by its largest rival, according to a person with knowledge of the ...
Simon Readies New Bid for GGPWall Street Journal
Simon Is Expected to Raise Bid for Mall OperatorNew York Times
* Simon may make new offer for General GrowthReuters
The Associated Press -New York Post -FOXBusiness
all 230 news articles »
Categories: BUSINESS
Globe and Mail
Fed Unconvinced Recovery Strong Enough to Warrant Higher Rates
BusinessWeek
March 17 (Bloomberg) -- Federal Reserve officials signaled the US recovery isn't strong enough to stoke inflation, reduce unemployment quickly or justify an end to record-low interest rates. Central bankers yesterday retained a pledge ...
FOREX-Dollar down vs euro, yen as Fed vows to keep rates lowReuters
RATE FUTURES REPORT: FOMC Status Quo Reduces Expected RatesWall Street Journal
Stocks rise after Fed's news on ratesKansas City Star
Boston Herald -CNBC -The Associated Press
all 3,110 news articles »
Categories: BUSINESS
China Daily
China Must Pare Stimulus to Counter Bubbles, World Bank Says
BusinessWeek
March 17 (Bloomberg) -- The World Bank indicated that China, the world's third biggest economy, should raise interest rates to help contain the risk of a property bubble and allow a stronger yuan to help damp inflation expectations. ...
World Bank Urges China to Cool Its EconomyWall Street Journal
World Bank Raises China GDP Forecast, Calls For Stronger YuanMarket News International
After the deluge, Chinese banks eye quieter yearReuters
Alibaba News Channel -New Straits Times -Reuters India
all 120 news articles »
Categories: BUSINESS
CBC.ca
Google partners in China issue plea to Web giant
Wall Street Journal
BEIJING—A group of Google Inc.'s partners in China have sent an impassioned plea to the Internet giant, saying their businesses are at risk if Google closes its Chinese search engine and demanding to know how they will be compensated. ...
Google's China ad resellers post public pleaMarketWatch
Google Partners Say Its China Stance Is Putting Them at RiskBusinessWeek
China Issues Another Warning to Google on Enforced Censorship of the InternetNew York Times
Reuters -Computerworld -msnbc.com
all 1,178 news articles »
Categories: BUSINESS
Times LIVE
Oil rises above $82 ahead of OPEC meet, inventory data
Reuters
PERTH (Reuters) - Oil prices extended overnight gains and rose above $82 a barrel on Wednesday, supported by a weaker dollar and expectations that producer group OPEC will keep oil output cuts in place at a meeting later in the day. ...
OPEC to keep output quota unchanged: reportsMarketWatch
OIL FUTURES: Oil Up On Improved Economic View, Fed DecisionWall Street Journal
Oil soars as Fed maintains key rateCNNMoney.com
BusinessWeek -Sydney Morning Herald -Reuters
all 1,491 news articles »
Categories: BUSINESS
Indian Express
Jury awards VirnetX $106M in Microsoft dispute
The Associated Press
SAN FRANCISCO — A jury has awarded communications company VirnetX Holding nearly $106 million after determining Microsoft violated two of its patents. The verdict came Tuesday after a weeklong trial in US District Court for the Eastern District of ...
Buckle Up : Jury Verdict On VirnetX Is InRTT News
Microsoft loses $106 million patent verdictReuters
Microsoft Loses Yet Another Patent LawsuitTechdirt
PC World -Afterdawn.com -BusinessWeek
all 189 news articles »
Categories: BUSINESS
CBC.ca
Financial reform would shift Fed's authority away from regional banks
Washington Post
Harry Smith spoke with Sen. Chris Dodd (D-Conn.) about his efforts to pass financial reform for American banks. By Neil Irwin and David Cho In the details of the financial reform legislation introduced this week are fundamental changes to the Federal ...
Senate panel seen approving financial reformReuters
Proxy Plan Roils Talks on Finance RulesWall Street Journal
Stumbling block for Senate bank reform: InvestorsMarketWatch
The Associated Press -Atlantic Online -NewsHour
all 1,706 news articles »
Categories: BUSINESS
Hartford Plans Stock Sale to Repay Government Rescue (Correct)
BusinessWeek
March 17 (Bloomberg) -- Hartford Financial Services Group Inc., the bailed-out insurer that hired a new chief executive officer last year, plans to sell shares and debt to raise funds to repay its $3.4 billion US rescue. ...
CORRECT: Hartford To Sell $2.38B In Stock, Debt To Repay TARPWall Street Journal
Hartford, Discover to repay $4.6 bln in TARP moneyMarketWatch
Hartford to offer shares to repay Treasury; stock dipsReuters
The Associated Press -Hartford Courant -New York Times (blog)
all 189 news articles »
Categories: BUSINESS
Blockbuster: Bankruptcy is a possibility
Bizjournals.com
Movie rental chain Blockbuster Inc., which has 30 metro Atlanta stores, said in a Securities and Exchange Commission filing it may have to file for Chapter 11 bankruptcy protection if unable to generate enough cash flow to meet or restructure its debt ...
Blockbuster Seeks to Cut DVD Costs, May File Chap. 11BusinessWeek
Blockbuster raises bankruptcy as possibiltyReuters
Blockbuster Ups Bankruptcy ThreatHome Media Magazine
Financial Times -Los Angeles Times (blog) -NBC Dallas-Fort Worth
all 32 news articles »
Categories: BUSINESS
Washington Post
Honda shares slip on Odyssey, Element recall
MarketWatch
TOKYO (MarketWatch) -- Shares of Honda Motor Co. (TSE:JP:7267) (NYSE:HMC) fell 0.3% Wednesday morning in Tokyo despite a broader advance in stocks, pressured by plans for a vehicle recall. On Tuesday, the car maker said it will recall about 344000 ...
Honda recalls 400000 cars over brake concernBizjournals.com
Honda to recall 410000 vehicles for brake problemThe Associated Press
Honda Recalls 412000 Odysseys, Elements on BrakesBusinessWeek
Reuters -USA Today -Danbury News Times
all 876 news articles »
Categories: BUSINESS
Reuters
Senate bill would penalize China over yuan
Reuters
An employee counts yuan banknotes at a branch of Bank of China in Taiyuan, Shanxi province February 10, 2010. WASHINGTON (Reuters) - Members of Congress on Tuesday threatened Beijing with duties on some of its exports if it fails to revalue its ...
Pressure Grows in US Over China's CurrencyNew York Times
Senate Pressure May Force Obama to Take Tougher Stance on YuanBusinessWeek
Senators back bill to pressure China on currencyThe Associated Press
Financial Times -Wall Street Journal -Voice of America
all 815 news articles »
Categories: BUSINESS
Benzinga
Massey to Buy Cumberland
Wall Street Journal
Massey Energy Co. agreed to buy privately held coal producer Cumberland Resources Corp. for $960 million in cash and stock, giving Massey what it called "highly complementary" operations in central Appalachia. The weak economy and lower ...
Massey Energy to Buy Cumberland for $960 MillionBusinessWeek
Massey buying Cumberland Resources for $960 mlnReuters
Massey agrees to buy rival coal company for $960MHuntington Herald Dispatch
TheStreet.com -Benzinga -MSN Money
all 159 news articles »
Categories: BUSINESS
Reuters
Lehman Hid Money With Help of Global Rules
New York Times
Lehman Brothers' now notorious Repo 105 scheme depended on forum shopping. The investment bank wasn't able to persuade its lawyers in the United States that the relevant repurchase agreements constituted real sales. So it routed them through its ...
Repo Market Moves Into the SpotlightWall Street Journal
Lehman May Be Revived as For-Profit Asset ManagerBusinessWeek
Lehman whistleblower lost his job weeks after raising alarmThe Guardian
Reuters -Wall Street Journal -Wall Street Journal
all 480 news articles »
Categories: BUSINESS
WHTC
CIT Reports Post-Bankruptcy Net Worth Rose to $41.99 a Share
BusinessWeek
March 16 (Bloomberg) -- CIT Group Inc., the commercial finance company run by John Thain, issued the first formal update of its net worth since last year's bankruptcy and showed book value increased 5 percent to $41.99 a share. ...
CIT posts $1 billion quarterly lossReuters
CIT Swings To 4Q Profit On Gains; Credit Costs Still WeighWall Street Journal
CIT Group posts 4Q loss of $1 billionThe Associated Press
MarketWatch -RTT News -Barron's (blog)
all 125 news articles »
Categories: BUSINESS
New York Times
Australian, NZ Dollars Jump as Fed Decision Aids Risky Assets
BusinessWeek
March 17 (Bloomberg) -- The Australian and New Zealand dollars rose toward the strongest in more than a month as the Federal Reserve retained its pledge to hold interest rates near zero for an extended period, spurring demand for ...
Good for Europe's Exports, Not So Good for EuropeNew York Times
WORLD FOREX: Dollar Drops As Fed Kills Early Rate-Rise HopesWall Street Journal
WORLD FOREX: Euro Down Vs Dollar, Yen As Asian Equities WeighMarketWatch
CNNMoney.com -Reuters -BusinessWeek
all 371 news articles »
Categories: BUSINESS
Niles Daily Star
Geithner: China will move on yuan without pressure
MarketWatch
WASHINGTON (MarketWatch) -- Treasury Secretary Timothy Geithner said Tuesday that he thinks China will eventually move to end the yuan's peg to the dollar for its own reasons. "I think China will decide ultimately it is in their interest to move to a ...
Geithner says expects China to move on forex policyReuters
Geithner: U.S. & China Not Headed Toward Trade WarFOXBusiness
Senators Back Bill to Pressure China on CurrencyABC News
NASDAQ -Niles Daily Star -NewsHour (blog)
all 26 news articles »
Categories: BUSINESS
RTT News
Discover Swings To Loss; Gets Approval To Repay TARP
Wall Street Journal
Discover Financial Services (DFS) swung to a fiscal first-quarter loss as a year-ago gain masked some improvement in card volume, and the company revealed it has received regulatory approval to redeem the $1.2 billion of preferred stock issued under ...
Discover Financial shares fall following quarterly resultsMarketWatch
Discover Financial posts Q1 loss, says to repay TARPReuters
Discover Plans to Repay $1.2 Billion From Bank Bailout ProgramBusinessWeek
TheStreet.com -The Associated Press -TransWorldNews (press release)
all 73 news articles »
Categories: BUSINESS
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