32 seconds ago 2010-02-10T04:34:49-08:00
Business
Sprint Nextel slows subscriber loss in 4th quarter
AP – 6 mins agoNEW YORK – Sprint Nextel says its subscriber losses slowed in the fourth quarter, an encouraging sign for the wireless carrier that has lost millions of customers over the past few years. Full Story »
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EU nations' reality: Greece's woes are theirs, too
AP – 2 hrs 25 mins agoBRUSSELS - Wealthy European nations are moving closer toward swallowing a bitter pill: rescuing Greece from its overspending before its debts drag down the euro and stock markets all the way to Wall Street. Full Story »
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Tax credits, Medicare fix in Senate jobs bill
Reuters – Tue Feb 9, 8:29 pm ETWASHINGTON (Reuters) - Highway funding and tax breaks for hiring workers figure prominently in a jobs-creation bill that Democrats and Republicans in the U.S. Senate hope will attract rare joint support in an election year, lawmakers said on Tuesday. Full Story »
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Greek unions launch 1st assault on austerity plan
AP – Wed Feb 10, 4:36 am ETATHENS, Greece - A civil servants' strike grounded flights and shut down public services across Greece on Wednesday, as labor unions mounted their first major challenge to austerity measures in the debt-plagued country. Full Story »
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China's CIC gives breakdown of U.S. equity stakes
Reuters – Tue Feb 9, 5:19 am ETBEIJING (Reuters) - China Investment Corp , the country's $300 billion sovereign wealth fund, has made its biggest U.S. equity bets in natural resources and financial stocks. Full Story »
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Stimulus transportation under scrutiny
Reuters – Tue Feb 9, 4:11 pm ETWASHINGTON (Reuters) - As the anniversary of the passage of the U.S. economic stimulus plan looms and President Barack Obama presses for new jobs legislation, states and the government are assessing the impact the program has had on transportation. Full Story »
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Discovery profit up with international business
Reuters – 8 mins agoNEW YORK (Reuters) - Discovery Communications Inc. reported a rise in quarterly profit on Wednesday on the back of strong distribution revenue and advertising sales in its international TV business. Full Story »
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Greek strike tests government's austerity mettle
Reuters – 14 mins agoATHENS (Reuters) - A strike by Greek civil servants grounded flights and shut many state schools and offices on Wednesday, in the first big test of the government's resolve to tackle a debt crisis which has shaken the euro zone. Full Story »
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Kansas House panel reviews tax credit reform
AP – Tue Feb 9, 4:06 pm ETTOPEKA, Kan. - A Kansas House committee considered a proposal Tuesday that would eliminate some seldom-used income tax credits and improve efficiency within the Department of Revenue. Full Story »
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Greece hikes pension age, calls on strikers to accept bonus cuts
AFP – Tue Feb 9, 3:17 pm ETATHENS (AFP) - Greece's government on Tuesday unveiled a hike in the average retirement age and called on striking civil servants to accept bonus cuts to pull the country out of an unprecedented financial crisis. Full Story »
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New report: Consumers spent modestly in January
AP – Wed Feb 10, 4:09 am ETNEW YORK - Americans backed off from holiday spending in January, but retail sales rose for a third month in a row compared with a year earlier, largely because of gas price hikes, according to figures released Wednesday by a key data service. Full Story »
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USVI issues warrant for missing real estate agent
AP – 28 mins agoSAN JUAN, Puerto Rico - Dozens of irate clients in the U.S. Virgin Islands are scrambling to recover at least $2.5 million from a missing real estate agent who is a mother of six. Full Story »
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Oil rises above $74 on dollar weakness
Reuters – 1 hr 5 mins agoLONDON (Reuters) - Oil rose above $74 a barrel on Wednesday, bouncing from earlier losses, as the euro extended gains against the dollar on hopes for a bailout for Greece. Full Story »
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Honda airbag fault fuels Japan's auto woes
AFP – 1 hr 16 mins agoTOKYO (AFP) - Honda, Japan's second-biggest carmaker after crisis-hit Toyota, Wednesday recalled more than 400,000 vehicles to fix airbags that it said can explode and spray out potentially deadly metal shards. Full Story »
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World News
Britain discloses secret data on terror prisoner
AP – 25 mins agoBritain's government on Wednesday disclosed once-secret information on the treatment of a former Guantanamo Bay detainee who says he was tortured in U.S. custody, losing a long court battle to keep the material classified. Full Story »
Technology News
Micron to buy Numonyx in $1.3 billion stock deal
AP – Tue Feb 9, 7:51 pm ETMicron Technology says it plans to buy fellow memory chip maker Numonyx in an all-stock transaction the companies value at $1.27 billion. Full Story »
Science News
Space shuttle Endeavour pulls in at space station
AP – 55 mins agoShuttle Endeavour arrived to a warm welcome at the International Space Station early Wednesday, delivering a new room and observation deck that will come close to completing construction 200 miles above Earth. Full Story »
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