Worldwide
Greece's Financial Crisis Is Over, Neighbors Have Room to Move, Prodi Says The worst of Greece’s financial
crisis is over and other European nations won’t follow in its
path, said former European Commission President Romano Prodi.
Citigroup Cuts Yield on $2 Billion TruPS Offering to 8.5%: Credit Markets Citigroup Inc., seeking capital
after repaying bailout funds to the Treasury, is selling trust
preferred securities as rising investor demand drives borrowing
costs to near the lowest in almost five years.
Stocks in U.S. Trim Gains, Dow Average Declines, Led by Consumer Shares U.S. stocks trimmed gains as
declines in consumer-staples and industrial companies tempered
an earlier rally led by financial shares.
Nobel Laureate Spence Says U.S. Economic Recovery to Take `Several Years' The U.S. faces an extended recovery
from the recession even after the government infusion of cash
into stimulus programs and the banking system, said Andrew
Michael Spence, a Nobel laureate in economics.
Hedge-Fund Losses Show Drop in Euro Fails to Benefit All Currency Traders Hedge funds that trade currencies
are taking hits from politicians casting them as speculators out
to sink the euro and push Greece into insolvency. They are also
losing money.
Buyout Firms Struggle to Spend $503 Billion of Investor Cash as Deals Wane Buyout funds sitting on half a
trillion dollars committed by investors may need more than a
decade to put the money to work if mergers and acquisitions
continue at the current pace.
Dollar Optimism Soars to Highest Since 2008 as Economic Outlook Rebounds Investors are the most bullish on
the dollar since the collapse of Lehman Brothers Holdings Inc.
on speculation the U.S. economy will expand at a faster pace
than in Europe and Japan, a survey of Bloomberg users showed.
Biden Says Israel, Palestinians to Be Held Accountable for Peace Obstacles Vice President Joe Biden said Israel
and the Palestinians will be held “accountable” for actions
jeopardizing peace efforts, such as Israeli approval of a plan
for new homes in east Jerusalem.
Obama's Health-Care Push Gets Challenge From Coalition of Business Groups President Barack Obama is facing a
renewed push against his health-care legislation as a coalition
of business groups plans to spend as much as $1 million a day on
advertisements to pressure lawmakers into opposing the bill.
NFL Brain Collector Documents Football Violence in Slices of Gray Matter Five years of hell ended in a hard
death. Those are the widow’s words.
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