Runaway Prius driver: Brakes were 'almost burned' - The Associated Press
Wed, 10 Mar 2010 10:00:08 GMT+00:00
 Reuters | Runaway Prius driver: Brakes were 'almost burned' The Associated Press EL CAJON, Calif. — Before he called 911, James Sikes says he reached down with his hand to loosen the "stuck" accelerator on his 2008 Toyota Prius, his other hand on the steering wheel. The pedal didn't move. "My car can't slow down," he began when a ... California Prius incident probed Runaway Prius Tale Prompts New Probe U.S. investigating Toyota Prius incident: reports |
Chile Quake to Cost Up to $7 Billion, Biggest Reinsurers Say - BusinessWeek
Wed, 10 Mar 2010 10:12:35 GMT+00:00
 BBC News | Chile Quake to Cost Up to $7 Billion, Biggest Reinsurers Say BusinessWeek March 10 (Bloomberg) -- The Chile earthquake, the fifth strongest in a century, may cost insurers $4 billion to $7 billion, according to estimates today from the world's largest reinsurance companies. The 8.8-magnitude temblor that ... Swiss Re, Munich Re face $500 mln losses in Chile Munich Re's Net Soars on Lower Claims, Better Investment Result Insurers' Chile Quake Hit Won't up Prices |
Northern Rock Narrows Loss; Bad Loan Provisions Rise - BusinessWeek
Wed, 10 Mar 2010 09:59:02 GMT+00:00
 The Guardian | Northern Rock Narrows Loss; Bad Loan Provisions Rise BusinessWeek March 10 (Bloomberg) -- Northern Rock (Asset Management) Plc, the nationalized UK lender closed to new customers, said bad loan provisions rose as its 2009 loss narrowed. The full-year net loss was 309.1 million pounds ($470 million) ... Nationalized UK bank Northern Rock back in profit Northern Rock loss narrows, CEO waives bonus Northern Rock: more than 4% of mortgage customers are in arrears |
Bank of America to End Overdraft Fees on Debit Purchases - New York Times
Tue, 09 Mar 2010 23:53:04 GMT+00:00
 New York Magazine | Bank of America to End Overdraft Fees on Debit Purchases New York Times In a move that could bring an end to the $40 cup of coffee, Bank of America said on Tuesday that it was doing away with overdraft fees on purchases made with debit cards, a decision that could cost the bank tens of millions a year in ... Bank of America Eliminates Overdraft Fees on Debit Buys Bank of America ends overdraft fees on debit cards Bank of America Kills Overdraft Fees on Debt Cards |
China's Exports, Property Prices Add Pressure to Pare Stimulus - BusinessWeek
Wed, 10 Mar 2010 10:05:44 GMT+00:00
China's Exports, Property Prices Add Pressure to Pare Stimulus BusinessWeek March 10 (Bloomberg) -- China's exports rose more than forecast in February and property prices jumped the most in almost two years, adding pressure on policy makers to pare stimulus measures adopted during the global recession. ... China Mobile to pay $5.83 billion for bank stake China Mobile to pay $5.8 bln for Pudong Dev Bank stake China Mobile to pay 39.8 bln yuan for Pudong Dev Bank stake |
World stocks little changed as China exports surge - The Associated Press
Wed, 10 Mar 2010 09:20:03 GMT+00:00
 Boston Globe | World stocks little changed as China exports surge The Associated Press HONG KONG — World stock markets were little changed Wednesday even as surging Chinese exports pointed to a pickup in global trade. Asia's major indexes were mixed as many markets fluctuated for the second day in a row and European stocks opened without ... HK, China stocks mixed; CITIC Pacific, Cathay up China Southern To Raise CNY10.75 Bln In Placement To Cut Debt China Property Stocks 'Reasonably Valued,' Mio Says |
Internet hustlers go after Madoff victims - New York Post
Wed, 10 Mar 2010 06:27:33 GMT+00:00
 New York Daily News | Internet hustlers go after Madoff victims New York Post After being bilked out of $65 billion by Ponzi mastermind Bernard Madoff, his victims suffered a second indignity this week when a Nigerian Internet scam sought to steal their personal information with promises of ... Madoff Victims Join Stanford Investors to Lobby for Payback Stanford and Madoff Groups Team Up for Lobby SIPC Warns of Copy-Cat Web Site Targeting Madoff Victims |
Papandreou Says Obama Supports Greece Crisis Meaures - BusinessWeek
Wed, 10 Mar 2010 09:38:54 GMT+00:00
 Globe and Mail | Papandreou Says Obama Supports Greece Crisis Meaures BusinessWeek (Adds bonds in 11th paragraph, Prodi quote in 12th. For more on the Greek fiscal crisis, see EXT3 .) By Kate Andersen Brower March 10 (Bloomberg) -- Greek Prime Minister George Papandreou said President Barack Obama expressed support for measures being ... Greek PM: Obama receptive to reining in speculators Greek PM: 'We haven't asked' for help Greece welcomes Obama support on speculators |
Citigroup Selling TruPS After Repaying Bailout: Credit Markets - BusinessWeek
Wed, 10 Mar 2010 09:31:08 GMT+00:00
Citigroup Selling TruPS After Repaying Bailout: Credit Markets BusinessWeek March 10 (Bloomberg) -- Citigroup Inc., seeking capital after repaying bailout funds to the Treasury, is selling trust preferred securities as rising investor demand drives borrowing costs to near the lowest in ... Citigroup Offers $2B Trust Preferred Securities Citigroup To Sell $2B TruPS Citibank Offering $2 billion in Trust Preferred Securities (NYSE: C) |
E.On 2009 net income up sharply to $11.4 billion - The Associated Press
Wed, 10 Mar 2010 10:20:09 GMT+00:00
 France24 | E.On 2009 net income up sharply to $11.4 billion The Associated Press FRANKFURT — Germany energy company E.On AG said Wednesday that 2009 net income rose sharply to euro8.4 billion ($11.4 billion) partly as a result of the disposal of assets. E.On, based in Duesseldorf, earned euro1.3 billion in 2008. ... E.On AG's adj. operating profit up 1% in 2009 E.On 2009 net income up sharply to $11.4 billion E.ON cautious about outlook after posting 2009 profit fall |