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Willbros posts 4Q loss as revenue tumbles (AP)

11-03-2010 12:49

AP - Willbros Group Inc., an engineering and construction company, reported Thursday a narrower fourth-quarter loss as it cut costs as its revenue fell by more than half.

Toyota troubles put spotlight on US safety agency (AP)

11-03-2010 12:15

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 - Toyota's massive recalls are prompting Congress to reconsider whether the nation's auto safety agency has lived up to its mission of protecting motorists.

Stocks trade flat on concern about China inflation (AP)

11-03-2010 11:47

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 - Stocks are trading in a tight range for a fourth day after China's report of a jump in inflation.

World stocks subdued after Chinese inflation jump (AP)

11-03-2010 11:46

Investors look at  a stock price monitor at a private securities company Wednesday, March 10, 2010 in Shanghai, China. Chinese shares have ended a three-day rally and fell amid uncertainty about the direction of government policy as investors awaited February data.  The benchmark Shanghai Composite Index shed 20.21 points, or 0.7 percent, to close at 3,048.93.  (AP Photo/Eugene Hoshiko)AP - European and U.S. stock markets fell modestly Thursday amid growing concerns of an overheating Chinese economy and as investors awaited further insight into the state of the U.S. economic recovery.

Stolen Swiss bank data at HSBC hits 24,000 clients (AFP)

11-03-2010 11:34

The logo of HSBC Private Bank is pictured in Geneva in 2006. A Swiss unit of global banking giant HSBC revealed that details on 24,000 bank customers may have been leaked in a major security breach that has helped fuel pressure on Switzerland over tax evasion.(AFP/File/Fabrice Coffrini)AFP - A Swiss unit of global banking giant HSBC revealed Thursday that details on 24,000 bank customers may have been leaked in a major security breach that has helped fuel pressure on Switzerland over tax evasion.

Pink Floyd wins battle with EMI over online sales (AP)

11-03-2010 11:25

FILE This is a Saturday July 2, 2005 file photo of Pink Floyd's Dave Gilmore, left, and Roger Waters as they  perform at the Live 8 concert in Hyde Park,  London  In a victory for the concept album, Britain's High Court on Thursday March 11, 2010 ordered record company EMI Group Ltd. to stop selling downloads of Pink Floyd tracks individually rather than as part of the band's original records. The rock group sued the music label, saying its contract prohibited selling the tracks 'unbundled' from their original album setting.  (AP Photo/Lefteris Pitarakis, File)AP - In a victory for the concept album, Britain's High Court on Thursday ordered record company EMI Group Ltd. to stop selling downloads of Pink Floyd tracks individually rather than as part of the band's original records.

Mortgage rates remain below 5 percent (AP)

11-03-2010 11:23

In this Feb. 28, 2010 photo, a realtor's sign proclaims a residential home sale in Sudbury, Mass. Mortgage rates held below the 5 percent threshold for the second straight week, a report said Thursday, March 11, 2010, weeks before a government program that has been keeping rates low is scheduled to expire.(AP Photo/Bill Sikes)AP - Mortgage rates held below the 5 percent threshold for the second straight week, a report said Thursday, weeks before a government program that has been keeping rates low is scheduled to expire.

Police clash with protesters as Greeks fight cuts (Reuters)

11-03-2010 10:46

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 protested draconian cutbacks aimed at pulling Greece out of a debt crisis shaking the euro zone.

Dodd to offer his own financial regulation bill (AP)

11-03-2010 10:39

US Senator Christopher Dodd, seen here in February 2010, said Thursday he would unveil new legislation come Monday to rewrite US financial rules and prevent a repeat of the global economic meltdown of 2008.(AFP/File/Elmer Martinez)AP - WASHINGTON AP) — Unable to muster bipartisan agreement on key banking provisions, Senate Banking Committee Chairman Christopher Dodd said Thursday he will offer his own version of a sweeping overhaul of financial regulations without Republican support.

Obama pushing a new export initiative (AP)

11-03-2010 10:37

President Barack Obama arrives at Andrews Air Force Base, Md., Wednesday, March 10, 2010. (AP Photo/Ann Heisenfelt)AP - President Barack Obama says doubling exports over the next five years will boost the economy by helping U.S. companies sell their goods and services abroad and creating new jobs at home.

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