LifeThread.Net http://lifethread.net Blog about Life! Tue, 16 Mar 2010 23:03:35 +0000 http://backend.userland.com/rss092 en EU backs Greek austerity as standby aid readied (Reuters) Reuters - EU finance ministers backed plans on Tuesday by countries in the euro area to help debt-stricken Greece financially if it becomes the first state in 11 years of monetary union to seek such aid. More: continued here http://lifethread.net/archives/98744 Stocks rise after Fed pledges to keep rates low (AP) AP - The Federal Reserve's mildly upbeat take on the economy and its plans to hold interest rates low gave stocks a lift. More: continued here http://lifethread.net/archives/98736 Asia stocks up as Fed, Greece news buoy confidence (AP) AP - Asian stock markets pushed higher Wednesday after the U.S. central bank again pledged to hold interest rates low and gave a mildly optimistic assessment of the world's largest economy. More: continued here http://lifethread.net/archives/98737 Visteon judge won’t halt benefits termination (AP) AP - A Delaware bankruptcy judge on Tuesday refused to halt implementation of his order allowing auto parts supplier Visteon Corp. to terminate its retirees' health and life insurance benefits. More: continued here http://lifethread.net/archives/98745 Oil above $82 as traders eye US supplies, OPEC (AP) AP - Oil prices rose above $82 a barrel Wednesday in Asia after a report showed U.S. crude inventories grew less than expected last week. More: continued here http://lifethread.net/archives/98740 GE sees profit, dividend up in 2011, shares climb (Reuters) Reuters - After two rocky years and a severe global financial crisis, General Electric Co expects its profit and dividend to rise in 2011, the largest U.S. conglomerate's chief financial officer said. More: continued here http://lifethread.net/archives/98746 Phillips-Van Heusen, PepsiCo are big movers (AP) AP - Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market: More: continued here http://lifethread.net/archives/98741 CIT Group posts 4Q loss of $1 billion (AP) AP - CIT Group on Tuesday said it lost $1 billion in the fourth quarter, excluding a huge one-time reorganization benefit. More: continued here http://lifethread.net/archives/98743 Fed holds rates at record lows to foster recovery (AP) AP - The Federal Reserve on Tuesday repeated its pledge to hold interest rates at record lows to foster the economic recovery and ease high unemployment. More: continued here http://lifethread.net/archives/98738 Conn. officials feel pressure over job losses (AP) AP - Job cuts at United Technologies Corp. are adding to the political debate over taxes and other costs of doing business in Connecticut. More: continued here http://lifethread.net/archives/98739