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Yahoo! News: Business News
Americans' net worth up for 3rd straight quarter (AP)

FILE - In this Dec. 19, 2009 file photo, shoppers jam Michigan Ave., as they rush to find last minute deals in Chicago. American households saw their wealth increase at the end of last year, mainly because the healing economy boosted stock portfolios.(AP Photo/Jim Prisching, file)AP - Americans regained more of their shrunken wealth last quarter, mainly because the healing economy boosted stock portfolios. But the gain was less than in the previous two quarters.


Dems look to health vote without abortion foes (AP)

House Speaker Nancy Pelosi (D-CA) speaks about healthcare reform at her weekly news conference on Capitol Hill in Washington, March 4, 2010. REUTERS/Jose Luis MaganaAP - House leaders have concluded they cannot change a divisive abortion provision in President Barack Obama's health care bill and will try to pass the sweeping legislation without the support of ardent anti-abortion Democrats.


Greece hit by strikes, riots over austerity plan (AP)

A riot police officer tries to avoid a stone and a flare during clashes in central Athens, Thursday, March 11, 2010. Savage street clashes erupted between rioting youths and police in central Athens Thursday as more than 30,000 people demonstrated during a nationwide strike against the cash-strapped government's austerity measures.(AP Photo/Petros Giannakouris)AP - Street clashes erupted between rioting youths and police in central Athens Thursday as tens of thousands demonstrated during a nationwide strike against the cash-strapped government's austerity measures.


Toyota troubles put spotlight on US safety agency (AP)

Toyota Prius vehicles are seen for sale Wednesday, March 10, 2010, in Hayward, Calif. The government sent investigators Tuesday to examine a Prius that sped out of control on a California freeway, and Toyota said it wanted to interview the driver as the besieged automaker dealt with a high-profile new headache that raised questions about the safety of its beloved hybrid. A day after state troopers helped the car slow to a stop and its driver to emerge unharmed, Toyota could shed no new light on what might have gone wrong. (AP Photo/Ben Margot)AP - A top government auto safety official tells Congress that his agency may need more authority to regulate the auto industry.


Former aide to US Rep. Shays pleads guilty (AP)
AP - The ex-campaign manager for former U.S. Rep. Chris Shays pleaded guilty Thursday to tax evasion and to taking more than $250,000 in campaign money for car repairs, limousine rides, baseball tickets, furniture and other personal uses.
Stocks trade flat on concern about China inflation (AP)

In this March 8, 2010 photo, a sign for Wall Street is shown near the New York Stock Exchange. Stock futures fell slightly after the Labor Department said first-time claims for jobless benefits fell slightly less than expected.(AP Photo/Mark Lennihan)AP - The stock market traded in a tight range for a fourth day Thursday after China reported a jump in inflation. Mixed U.S. economic news also held stocks back.


A look at global economic developments (AP)
AP - A look at economic developments and activity in major stock markets around the world Wednesday:
First-time jobless claims drop slightly last week (AP)

In this March 9, 2010 photo, Damashata Washington looks for work at Work 2 Future, a federally funded job training center, in San Jose, Calif. The number of newly laid-off workers requesting unemployment benefits fell last week, the latest sign the employment picture is slowly brightening.(AP Photo/Marcio Jose Sanchez)AP - The number of newly laid-off workers requesting unemployment benefits slipped last week, but remains above the level many economists say would signal new hiring.


At a Glance: Smithfield Foods 3Q results (AP)
AP - Weak demand has hurt Smithfield Foods for some time, and the company cut production during its third quarter, which further hurt sales. But the company says trends are improving, and it saw gains in some areas.
Police clash with protesters as Greeks fight cuts (Reuters)

Former employees of privatized Olympic Airways stand behind barricades in front of Greece's General Accountants office in Athens March 10, 2010. REUTERS/Yiorgos KarahalisReuters - Police clashed with stone-throwing youths in Athens on Thursday as tens of thousands of strikers protested against draconian cutbacks aimed at pulling Greece out of a debt crisis shaking the euro zone.


Gov't official warns on home down payment hikes (AP)
AP - The head of the Federal Housing Administration is warning that boosting the minimum down payment borrowers must provide to qualify for FHA-backed home loans could threaten the housing market.
CFTC head scolds Wall Street for resisting reforms (Reuters)
Reuters - The head of the top U.S. futures regulator chided Wall Street on Thursday for resisting calls to make over-the-counter derivatives markets more transparent, arguing major reforms are required after the recent financial crisis.
Retail leaders group spent $850,000 lobbying in 4Q (AP)
AP - The Retail Industry Leaders Association spent $850,000 in the fourth quarter to lobby on a variety of issues from health care reform to consumer product safety, according to a recent disclosure report.
Summary Box: Foreclosures grow more slowly (AP)
AP - FORECLOSURES UP: Foreclosure listing service RealtyTrac says the number of households facing foreclosure last month grew 6 percent from a year ago.
Texas company, Kroger in legal fight (AP)

A gasoline pump screen at a Kroger Co. gas station asks if the customer participates in the company's fuel program, Thursday, March 11, 2010, in Cincinnati. Texas-based Excentus Corp. has filed federal suit in Texas against Cincinnati-based Kroger saying it's patents are being violated in the grocery store chain's popular gasoline discount rewards program. (AP Photo/Al Behrman)AP - A Dallas area company charges that Kroger Co. is ripping off its technology and methods in the grocery chain's popular gasoline discount rewards program.


U.S. traffic deaths down; regulators probed on Toyota (Reuters)

A model is seen in a Daihatsu HSC during an international motor show. Daihatsu Motor Co., a subsidiary of embattled Toyota, said on Thursday it was recalling almost 275,000 vehicles due to possible defects, the latest in a raft of problems hitting Japanese carmakers.(AFP/DDP/File/Sascha Schuermann)Reuters - U.S. traffic deaths in 2009 hit their lowest level in since the mid-1950s, according to preliminary data released ahead of a congressional hearing expected to take a critical view of auto regulators response to recent safety problems at Toyota Motor Corp.


The Ambitions of Prudential's Tidjane Thiam (BusinessWeek)
BusinessWeek - According to insiders at Prudential Plc , Tidjane Thiam, the chief executive of the insurer which said last week that it was bidding $35.5bn (23.6bn) to buy AIG's Asian insurance business is a firm believer in emotion over analysis.
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