AFP – The 700-billion-dollar US government effort to rescue the financial system has failed to meet key goals such as sparking lending and curbing risky activities by banks, a special auditor said Sunday.
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AP – Toyota has launched a media campaign to bolster its reputation for quality as nervous customers confront dealers across the country about faulty gas pedal systems.
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AP – Asian stocks extended their slump Monday as last year’s rally showed more signs of petering out.
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AP – Even as Apple’s iPad will likely energize electronic reading, the new device is undermining a painstakingly constructed effort by the publishing industry to make it possible to move e-books between different electronic readers.
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McClatchy Newspapers – WASHINGTON — With women’s advocacy groups voicing growing unease with administration policy, President Barack Obama will propose a $3.8 trillion budget on Monday that would exempt programs for women and girls from spending restrictions he’s proposed for other programs.
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Reuters – New York’s famed Bloomingdale’s department store opened its doors in the Middle East’s biggest mall on Sunday in its first foray outside its home market.
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Britain’s Andy Murray says his desire to win a Grand Slam title remains undimmed by defeat to Roger Federer in the final of the Australian Open.
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The climate change secretary denies that controversies over scientific data have undermined efforts to tackle global warming.
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AP – The Grammy Awards give the music industry a reason to party like — well — like rock stars, and the party begins on the red carpet outside Staples Center.
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Manchester City’s players wear T-shirts with “Team Bridge” on them in support of Wayne Bridge during their win over Portsmouth.
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