Export growth likely to remain bright spot for US
Thursday, March 11, 2010
WASHINGTON (AP) -- U.S. exports dipped in January, the government said Thursday, but economists weren''t fazed. They predict export growth will be a bright spot for American manufacturers through the rest of 2010....
Stocks climb for 3rd day as financial shares rise
Thursday, March 11, 2010
NEW YORK (AP) -- A rally in financial stocks Thursday helped the market extend its grind higher to a third day....
Citigroup CEO says bank on path to profitability
Thursday, March 11, 2010
NEW YORK (AP) -- Citigroup Inc. says it''s heading back toward sustained profitability after two years that saw the bank lose billions of dollars and be bailed out by the government....
Greece hit by strikes, clashes over austerity plan
Thursday, March 11, 2010
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....
Regulators shut LibertyPointe Bank in NYC
Thursday, March 11, 2010
WASHINGTON (AP) -- Regulators on Thursday shut down LibertyPointe Bank in New York City, boosting to 27 the number of bank failures in the U.S. so far this year following the 140 brought down in 2009 by mounting loan defaults and the recession....
Toyota 'mystified' by runaway Prius case in Calif.
Thursday, March 11, 2010
JACUMBA, Calif. (AP) -- A Toyota executive said Thursday the company is 'mystified' by a report that a California man''s Prius gas pedal became stuck and caused the car to speed out of control on a California freeway....
Gov't may seek more authority on vehicle safety
Thursday, March 11, 2010
WASHINGTON (AP) -- Government vehicle safety regulators may seek greater authority to investigate defects in cars and trucks and are weighing a range of new safety requirements in response to Toyota''s recall of more than 8 million vehicles over brake and acceleration problems....
Slowly, Americans are regaining their lost wealth
Thursday, March 11, 2010
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....