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  • Old Southern Bank of Orlando closed down by Florida regulator

    Old Southern Bank of Orlando closed down by Florida regulator

    Birmingham News.Net

    The FDIC has been appointed receiver of the Old Southern Bank, in Orlando.

  • KKR deal is biggest of the year so far

    KKR deal is biggest of the year so far

    Birmingham News.Net

    Private equity firm Kohlberg Kravis Roberts & Co files to list $2.2 billion worth of shares on the NYSE in a long-anticipated move to follow their rival, Blackstone Group.

  • Rising iron ore costs concern Chinese steelmakers

    Rising iron ore costs concern Chinese steelmakers

    Birmingham News.Net

    Chinese steelmakers want government to address rising iron ore costs.

  • BMW group production down 13%

    Birmingham News.Net

    BMW has suffered a profit dip of 36% between 2008 and 2009, according to company reports.

  • Developing countries will lead oil demand says IEA

    Developing countries will lead oil demand says IEA

    Birmingham News.Net

    The International Energy Agency has described China's increasing demand for oil as "astonishing".

  • Athens is not amused by Berlin debt crisis jokes

    Athens is not amused by Berlin debt crisis jokes

    Birmingham News.Net

    Athens has declared its displeasure at recent German attempts to make light of the financial crisis facing the country.

  • U.S. stocks go sideways as dollar drifts

    U.S. stocks go sideways as dollar drifts

    Birmingham News.Net

    The U.S. dollar was sharply weaker Friday as stocks drifted sideways.

  • Regulators swoop on 84-year old Lousiana bank Statewide

    Regulators swoop on 84-year old Lousiana bank Statewide

    Birmingham News.Net

    The Statewide Bank, headquartered in Covington, Louisiana, has been taken over by Home Bank, on the order of regulators.

  • New York City loses Park Avenue Bank

    New York City loses Park Avenue Bank

    Birmingham News.Net

    Regulators closed the Park Avenue Bank, of New York, New York, Friday and appointed the FDIC as receiver.

  • New York bank LibertyPointe closed by regulators

    New York bank LibertyPointe closed by regulators

    Birmingham News.Net

    The LibertyPointe Bank in New York, New York, has been closed by regulators.

  • Economy The Focus, And Social Welfare The Challenge, As China's Political Session Ends

    Star Tribune

    BEIJING - Mao Zedong's grandson couldn't have put it more simply. China's biggest challenge? "Economic development," he said, as the nation's most public political meetings end with sweepin...

  • Obama's Bid To Remove Senators' Projects From Health Care Bill Runs Into Political Reality

    Star Tribune

    WASHINGTON - President Barack Obama says he wants projects helping specific states yanked from the health care bill Congress is writing. Democratic senators, being senators, beg to differ. The Senat...

  • Toyota Eyes 10% Market Share In 6-7 Yrs

    Times Of India

    KOCHI: Amidst the mounting recall troubles its parent is facing globally, Toyota has set an ambitious target of cornering 10 per cent share of the domestic market in the next six-seven years, up fr...

  • The Week's Top 10 Videos On Marketwatch

    Fox Business

    In case you missed them, here are the top 10 videos that appeared on MarketWatch for the week of March 8-12:Berkshire Hathaway and the magic of compoundingSam Mamudi examines the long-term returns th...

  • North Korea Plans To Return To Nuclear Talks Next Month-report

    Fox Business

    DOW JONES NEWSWIRES North Korea plans to return to the bargaining table early in April for talks aimed at ending its nuclear weapons program, the Associated Press reported Saturday, citing a news rep...

  • Euro Finance Ministers To Agree On Greek Aid: Source

    Reuters

    BRUSSELS (Reuters) - Euro zone finance ministers are likely to agree on Monday on the principles and parameters of financial help to Greece, if it is required, but leave out any sums until Athens asks...

  • Ubs May Return To Commodities In 2010: Report

    Reuters

    ) is considering possibly returning to its commodities business this year, some of which it sold during the financial crisis, a Swiss newspaper said on Saturday, citing the co-head of UBS's investment...

  • Kuwait Dar Seeks Government Support

    Reuters

    ), which owns half of British carmaker Aston Martin, is applying for support under a government facility set up for troubled companies as part of a debt restructuring.

  • Cirque Du Soleil Slips Up

    Financial Post

    NEW YORK -- After opening to rotten reviews in Chicago, Cirque de Soleil's Banana Shpeel is scrambling to avoid a similar slip up in the Big Apple. Cirque – Quebec's best-known cultural and enterta...

  • China To Bid On Us High-speed Rail Projects

    ABCNews

    FILE - In this Wednesday, March 3, 2010 file photo, a worker checks a CRH high-speed train at a maintenance base in Wuhan, in central China's Hubei province. China plans to bid for contracts to build ...

  • China Gov't Advisers Urge Steady Economy

    ABCNews

    Delegates queue up to leave the main hall at the Great Hall of the People after the closing session of the Chinese People's Political Consultative Conference, China's top political advisory body, in B...

  • Gop Says Democrats Have Wasted A Year In 'bitter, Destructive' Drive To Reform Us Health Care

    Star Tribune

    WASHINGTON - Newly arrived Republican Sen. Scott Brown of Massachusetts accused President Barack Obama and Democrats on Saturday of a "bitter, destructive and endless" drive to pass health ...

  • Minister: China To Bid For Us High-speed Rail Projects; Building Lines In Venezuela, Turkey

    Star Tribune

    BEIJING - China plans to bid for contracts to build U.S. high-speed train lines and is stepping up exports of rail technology to Europe and Latin America, a government official said Saturday. China ...

  • Public Sector Job Cuts Hit Women First

    Guardian

    scale and scope of spending cuts . This is a bit strange. It is the recovery of growth that will make the biggest contribution to reducing the deficit by getting tax revenues flowing again. Polls repo...

  • Ba Passengers Try To Change Travel Plans

    Sky News

    Unite union says thousands of its members will walk out for three days from March 20 and for four days from March 27 the following week. The airline's chief executive Willie Walsh has accused Unite b...

  • Bosch Lifts Lockout At South Indian Plant

    Fox Business

    MUMBAI -(Dow Jones)- India's Bosch Ltd. (500530.BY), a unit of German engineering giant Robert Bosch GmbH (BOS.YY), Saturday said that it had lifted the lockout of its plant at Naganathapura, near th...

  • Subscribers: Us Switches To Daylight-saving Time

    Fox Business

    The U.S. and much of Canada will move to daylight-saving time from standard time on Sunday, when clocks will be moved forward by one hour. Regular items transmitted from these countries will appear o...

  • Obama Hopes To Revamp 'no Child Left Behind'

    Fox Business

    WASHINGTON -(Dow Jones)- President Barack Obama on Saturday said he would send to Congress next week the outline of an education plan to revamp President Bush's No Child Left Behind law. The White Ho...

  • Shanghai Gm Recalls 2,065 Chevrolet Captivas - Government Agency

    Fox Business

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  • Kuwait Dar Seeks Legal Protection

    Reuters

    Problems at Kuwaiti investment firms, including Dar, led the government of the world's fourth-largest oil exporter to approve a "Financial Stability Law" rescue package worth $5.2 billion last year.

  • Mgm Mirage Says Citycenter Contractor To File Suit

    Reuters

    (Reuters) - The primary general contractor for the $8.5 billion CityCenter project on the Las Vegas Strip plans to sue the project's owners for $492 million.

  • Gop Says Democrats Have Wasted A Year In 'bitter, Destructive' Drive To Reform Us Health Care

    Star Tribune

    WASHINGTON - Newly arrived Republican Sen. Scott Brown of Massachusetts accused President Barack Obama and Democrats on Saturday of a "bitter, destructive and endless" drive to pass health ...

  • Obama To Propose New Plan To Raise Education Standards In U.s.

    Business Week

    March 13 (Bloomberg) -- President Barack Obama said he will send Congress a plan to update the U.S. government’s main education aid program with an “ambitious goal” for all students ...

  • This Week In Geek: Caffeinated Cars, Six Cores, Games, More

    Fox Business

    It's been a busy week for those of us in the Land of Geek, what with a new processor from Intel, a major trade show, plus more new tech and gadgetry than you can poke a stick at. Here are a few of th...

  • Google "99.9 Pct" Sure To Shut China Search Engine: Report

    Reuters

    (Reuters) - Talks with China over censorship have reached an apparent impasse and Google, the world's largest search engine, is now "99.9 percent" certain to shut its Chinese search engine, the Financ...

  • Gop Warns Again Against Passing Health Bill

    ABCNews

    Newly arrived Republican Sen. Scott Brown of Massachusetts accused President Barack Obama and Democrats on Saturday of a "bitter, destructive and endless" drive to pass health overhaul legislation tha...

  • Felderhof: The Man Who Can't Clear His Name

    Financial Post

    TORONTO -- Two floors below ground in a windowless purple-walled seminar room at the Metro Toronto Convention Centre, one of dozens of presentations was underway this week at the annual convention of ...

  • Agrium Shares Jump As Cf Gets Terra

    Financial Post

    The nitrogen wars are over, and Agrium Inc. is moving on to different opportunities. Friday, U.S. fertilizer companies CF Industries Holdings Inc. and Terra Industries Inc. agreed to merge in a US$4....

  • Canwest Newspapers Chief Steps Down

    Financial Post

    Dennis Skulsky, the president of Canwest Global Communications Corp.’s newspaper and publishing division, resigned Friday, saying he wants to spend more time with his family.

  • Canadian Stocks Flat In Lacklustre Trading

    Financial Post

    Canadian stocks ended the week little changed, advancing a mere 38.68 points over the past five trading sessions. Friday's performance was equally lacklustre, with the S&P/TSX composite index clo...

  • Canwest Lp Proceeds With Sale

    Financial Post

    Canwest Global Communications Corp. said yesterday it is moving on to the second phase of the bidding process for its newspaper division with several non-binding offers in hand. The country's largest...

  • Potash Corp. Leads Fertilizer Stocks Higher

    Financial Post

    Fertilizer stocks moved higher Friday morning after Potash Corp. of Saskatchewan Inc. hiked its outlook and Agrium Inc. dropped a high-risk bid for a competitor. Potash Corp. said a sharp rebound in ...

  • Vale Strikers In Subdbury Vote Against Contract

    Financial Post

    Vale SA nickel-mine strikers in Sudbury, Ontario, voted against a contract offered by the company on March 7. Of 2,371 workers who voted, 88.7% were against the contract Thursday, Denis St. Pierr...

  • Buffett, World's 3rd-richest Person, Gets Pay Rise

    Financial Post

    NEW YORK -- Warren Buffett was awarded total compensation of about US$519,490 in 2009 to run Berkshire Hathaway Inc, a 6% increase mainly reflecting the higher cost of keeping the world's third-riches...

  • Big Funds Stalk Canwest Newspapers

    Financial Post

    The sale of Canada's largest English-language daily newspaper chain has attracted some of the country's financial heavyweights as potential suitors. Among the shortlist of bidders for Canwest Limited...

  • Murdoch Takes Aim At New York Times

    Financial Post

    NEW YORK -- Back in 1976 after he bought the New York Post, a confounded Rupert Murdoch asked the chairman of Bloomingdales why the upscale department store didn't advertise in his paper. According t...

  • Transat Strategy 'didn't Work'

    Financial Post

    Jean-Marc Eustache, Transat A.T. chief executive, admitted Thursday that his efforts to restore the profitability of the country’s largest tour operator fell flat this winter after just about ...

  • Leave Yuan To Us, China Tells Obama

    Financial Post

    The United States should not make a political issue out of the yuan, a Chinese central banker said on Friday, as the two countries lurched toward a potential bust-up over Beijing's currency regime.

  • Stocks Hit 7 Week Highs, Yen Pressured

    Financial Post

    LONDON -- Global stocks rose to seven week highs on Friday led by bank shares after talks on U.S. banking reform collapsed, while speculation the Bank of Japan may soon ease monetary policy weighed on...

  • Stock Futures Mixed Ahead Of Retail Sales Data

    Financial Post

    Stock index futures pointed to a mixed open on Wall Street on Friday, with futures for the S&P 500 up 0.4%, Dow Jones futures down 0.01% and Nasdaq 100 futures up 0.01%. Investors awaited U.S...