UK's Brown paves way for election with budget date (AP)
March 10th, 2010 04:56:31 CST -0600
AP - Britain's economic recovery remains fragile, British Prime Minister Gordon Brown warned Wednesday, as he paved the way for a national election by announcing the government's budget would be published in two weeks.

Runaway Prius driver: Brakes were 'almost burned' (AP)
March 10th, 2010 03:27:34 CST -0600

AP - Before he called 911, James Sikes says he reached down with his hand to loosen the "stuck" accelerator on his 2008 Toyota Prius, his other hand on the steering wheel. The pedal didn't move.

BA, American, Iberia to cede airport slots (AP)
March 10th, 2010 04:13:05 CST -0600
AP - British Airways, American Airlines and Iberia have offered to give away takeoff and landing slots at London and New York airports to soothe European Union antitrust worries, EU regulators said Wednesday.

Nationalized UK bank Northern Rock back in profit (AP)
March 10th, 2010 02:47:59 CST -0600
AP - Nationalized mortgage lender Northern Rock said Wednesday that it returned to profit in the second half of 2009 as interest income rose and losses on loans fell.

Highlights of Senate jobless aid bill (AP)
March 10th, 2010 02:19:40 CST -0600
AP - Highlights of Senate legislation extending unemployment insurance and expired tax breaks:

World stocks little changed as China exports surge (AP)
March 10th, 2010 02:47:03 CST -0600

AP - World stock markets were little changed Wednesday even as surging Chinese exports pointed to a pickup in global trade.

FTSE shares inch lower (AFP)
March 9th, 2010 11:40:00 CST -0600

AFP - The FTSE 100 stock exchange slipped fractionally on Tuesday after a bout of cautious trading due to uncertainty over Europe's economic outlook and poor earnings reports, analysts said.

Bristol-Myers CEO's 2009 compensation down 22 pct (AP)
March 9th, 2010 17:57:03 CST -0600
AP - The chief executive of drugmaker Bristol-Myers Squibb Co., James Cornelius, received a 2009 compensation package valued by The Associated Press at $17 million, down 22 percent from 2008, due to the much lower value of his stock awards.

E.On 2009 net income up sharply to $11.4 billion (AP)
March 10th, 2010 03:41:31 CST -0600
AP - Germany energy company E.On AG said Wednesday that 2009 net income rose sharply to euro8.4 billion ($11.4 billion) partly as a result of the disposal of assets.

OECD: gov'ts must cut deficits, boost regulation (AP)
March 10th, 2010 04:04:38 CST -0600
AP - Rich countries must strengthen financial market regulation and bring down their oversized government deficits, two of the biggest new challenges to have arisen from the global economic crisis, the OECD said Wednesday.

One Congressman's Solution for Boosting Small Businesses Loans (The Motley Fool)
March 9th, 2010 15:24:07 CST -0600
The Motley Fool - The first Friday of every month brings the all-important employment report. February's numbers were better than anticipated. The United States lost only 36,000 jobs, versus the 68,000 that experts expected. This compares with 651,000 jobs lost in February 2009. Still, the unemployment rate held steady at 9.7%, with the unofficial rate stuck around a whopping 16%.

Infosys says outsourcing deal pipeline improving (Reuters)
March 10th, 2010 03:00:24 CST -0600

Reuters - Infosys Technologies, India's No. 2 software services exporter, is seeing a rise in outsourcing deal flows due to a recovery in the global economy, a top official said on Wednesday.

Dollar General sues rival chain over colors (AP)
March 9th, 2010 18:48:59 CST -0600
AP - Dollar General Corp. has filed a federal lawsuit against rival discount chain Fred's Inc., claiming the smaller company is using its trademark yellow and black colors.

Commercial delinquency lower than other mortgages (AP)
March 9th, 2010 13:41:53 CST -0600
AP - Commercial mortgages were among the best-performing loans and leases held by banks and thrifts in the fourth quarter of last year, the Mortgage Bankers Association said Tuesday.

Oil struggles for clear direction from $81.50 (Reuters)
March 10th, 2010 04:49:22 CST -0600

Reuters - Oil failed to find momentum in either direction for a clear move away from $81.50 on Wednesday as investors waited for data on U.S. stocks or OPEC's monthly report ahead of next week's meeting to provide impetus.

GM Daewoo vows to return to black this year (AFP)
March 10th, 2010 00:57:41 CST -0600

AFP - GM Daewoo, the South Korean unit of struggling US auto giant General Motors, said Wednesday it intends to return to profit this year and currently needs no further financial support from creditors.

Chat Transcript: Undergraduate Ranking (BusinessWeek)
March 9th, 2010 07:08:46 CST -0600
BusinessWeek - Notre Dame's Mendoza College of Business (Mendoza Undergraduate Profile) took the top spot in the Bloomberg BusinessWeek ranking of undergraduate business programs for the first time this year. Students praised the program for its values and strong alumni network. And there were many other surprises for undergraduate business programs in 2010. Bloomberg BusinessWeek editors Louis Lavelle and Geoff Gloeckler recently revealed the top 50 programs and answered questions about the ranking from reporter Francesca Di Meglio (FrancescaBW) and readers during a live chat event. ...