AP - Retail sales posted a surprising increase in February as consumers did not let major snowstorms stop them from racking up purchases. The advance, the biggest since November, provided hope that the recovery from the Great Recession is gaining momentum.
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March 12th, 2010 by admin | no comments »Reuters - Switzerland’s UBS has warned parliamentarians failure to back a deal to end its bitter U.S. tax row with the bank could result in a damaging backlash for Swiss banks as well as the Alpine nation’s economy.
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March 12th, 2010 by admin | no comments »AP - The FBI says the amount of money swindled by Internet frauds doubled last year to about $560 million.
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March 12th, 2010 by admin | no comments »AP - Optimer Pharmaceuticals Inc. narrowed its loss in the fourth quarter as expenses declined, the company said.
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March 12th, 2010 by admin | no comments »AP - President Barack Obama intends to nominate Janet Yellen, the president of the Federal Reserve Bank of San Francisco, to take over as vice chairman of the Federal Reserve, a person familiar with the selection said Friday.
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March 12th, 2010 by admin | no comments »
AP - Greece’s economy was still shrinking and unemployment remained above 10 percent at the end of 2009, just before the government announced harsh spending cuts that are expected to drive the country deeper into recession, official data showed Friday.
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March 12th, 2010 by admin | no comments »
AP - LONDON AP) — European stock markets rose Friday after a strong set of industrial production figures for January stoked hopes that the recovery from recession in the 16 countries that use the euro may be stronger than previously thought.
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March 12th, 2010 by admin | no comments »Liverpool face an uphill task to progress from the last 16 of the Europa League after Eden Hazard’s goal gives a lively Lille side a 1-0 first-leg lead.
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March 11th, 2010 by admin | no comments »
AP - Hall of Famer Merlin Olsen, who helped form one of the NFL’s greatest defensive lines before embarking on a successful career in television, died Thursday after a battle with cancer. He was 69.
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March 11th, 2010 by admin | no comments »Mystery surrounds the deaths of 75 starlings which fell from the sky.
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