Slowly, Americans are regaining their lost wealth

AP Top Business News  | Links  | Related | Mar 11, 2010 04:01 PM EST   [*New!*]

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WASHINGTON (AP) -- Americans are recovering their shrunken wealth - gradually. Household net worth rose last quarter, mainly because the healing economy boosted stock portfolios. But the gain was slight. And it was less than in the previous two quarters....


Greece hit by strikes, clashes over austerity plan

AP Top Business News  | Links  | Related | Mar 11, 2010 03:59 PM EST   [*New!*]

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ATHENS, Greece (AP) -- Clashes between riot police and rock-throwing, masked youths broke out during a demonstration Thursday in central Athens by tens of thousands of striking workers protesting austerity measures that the Greek government has said it has no choice but to implement....


GameStop Gains on Takeover Rumors

TheStreet.com  | Links  | Related | Mar 11, 2010 03:57 PM EST   [*New!*]

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GameStop is rising as takeover rumors surface regarding the video game retailer.


U.S. stocks rose, reversing earlier losses, as Citigroup Inc. and Zions Bancorporation led a bank rally and investors speculated that health-care reform will be harder to pass.


New Jersey Governor Chris Christie said he may privatize some state jobs in 2011, as he struggles to close an $11 billion budget deficit amid rising costs for employee salaries and benefits.


Arch, Peabody Anticipate Carbon Rules

TheStreet.com  | Links  | Related | Mar 11, 2010 03:51 PM EST   [*New!*]

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As potentially costly carbon-emission rules become increasingly likely, leaders in the coal industry are spearheading efforts to get a jump on the game by investing in clean-carbon projects.


Gov't may seek more authority on vehicle safety

AP Top Business News  | Links  | Related | Mar 11, 2010 03:50 PM EST   [*New!*]

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WASHINGTON (AP) -- Government vehicle safety regulators may seek greater authority to investigate defects in cars and trucks following Toyota's recall of more than 8 million vehicles for safety problems....


Phillip Morris Lights Up Dividend

Forbes.com Market News  | Links  | Related | Mar 11, 2010 03:50 PM EST   [*New!*]

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Cigarette maker will pay out 58 cents per share.


BP to pay $7 billion for Devon exploration rights

AP Top Business News  | Links  | Related | Mar 11, 2010 03:49 PM EST   [*New!*]

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LONDON (AP) -- BP is expanding its dominant oil and gas operations in the Gulf Mexico and dropping anchor off Brazil with a $7 billion deal to buy exploration rights from Devon Energy....


Antonio Munoz, chief executive officer of EIM USA Inc., left the U.S. arm of Arpad Busson’s $9 billion fund-of-hedge-funds firm, according to two people with knowledge of the move.


Toyota Motor Corp. set a 2010 goal of regaining most of the U.S. market share lost in the past two months after global recalls of 8 million vehicles damped demand, the No. 2 U.S. sales executive said.


Still down It may be time to take a loss

MSN Money Latest Articles  | Links  | Related | Mar 11, 2010 03:48 PM EST   [*New!*]

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With a yearlong rally,  it's time to admit some investments are losers, sell them and move along. Hanging on just to 'get even' can cost you dearly.


Obama details plans to boost exports, create jobs

AP Top Business News  | Links  | Related | Mar 11, 2010 03:47 PM EST   [*New!*]

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WASHINGTON (AP) -- President Barack Obama sought Thursday to put some detail behind his lofty drive to double U.S. exports over the next five years, calling the effort imperative to putting people back to work. But doubts remain about how many net jobs his trade agenda will create - and how he will get it done....


The U.S. National Highway Traffic Safety Administration has done its job policing auto safety well, and Toyota Motor Corp.’s record recalls show that, the agency’s administrator said.


CEO tells conference attendees the firm hopes to be in the black in 2010.



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