Obama: Greece, facing bad days, has US as ally (AP)

AP - President Barack Obama stood with Greek Prime Minister George Papandreou on Tuesday and pledged that the United States would work with its ally, even as Greece's enormous debts sparked frenzied trading.

CRTC probing Mobilicity ownership

The CRTC is reviewing the structure of Mobilicity, the fledgling cellphone provider formerly known as DAVE Wireless, to see whether it meets Canadian-ownership rules.

ICF International's 4Q net ticks higher (AP)

AP - ICF International Inc.'s quarterly profit ticked higher as the company benefited from a lower tax rate and higher revenue from its consulting and technology services.

Feds to probe cause of runaway Prius in California (AP)

AP - 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.

Dollar General sues rival chain over colors (AP)

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.

Senators eye pre-funded resolution authority

Senators in the banking committee have agreed in principle to a partially pre-funded ‘resolution authority’ to wind down a failing bank holding company, favouring a structure that would levy a $50bn charge on the industry

Canadian bank profits top $5B

Total profits for Canada's six biggest banks surged to $5.3 billion in the first quarter as loan losses fell and their domestic operations flourished.

Gas price rises seen gentler on consumer wallets (AP)

AP - As the economy recovers, energy prices are rising and that is placing extra strain on families' budgets.

US seeks talks to avert trade war with Brazil (AFP)

AFP - Visiting US Commerce Secretary Gary Locke said Tuesday that Washington was seeking talks with Brazil before it imposes retaliatory trade tariffs for US cotton subsidies the WTO ruled as discriminatory.

Toyota to fix more Tundras for rust problems

DETROIT (Reuters) - Toyota said on Tuesday it would fix all Tundra pickups sold in the United States for the 2000 to 2003 model years to address a risk that part of the truck's frame could corrode, causing spare tires or even the gas tank to drop to the road.

Booksellers battle Amazon's Canadian plans

A decision to allow Amazon.com Inc. to open a distribution centre in Canada would set a precedent for changes to Canadian foreign ownership rules, the Canadian Booksellers' Association says.

Greece says G20 to review financial speculation

WASHINGTON (Reuters) - Greece, pressing for curbs on financial speculation it blames for worsening the country's debt crisis, said on Tuesday the idea would be examined by the Group of 20 leading powers at their next summit.

BA strike action talks to resume

Talks aimed averting strike action by BA cabin crew are due to resume later, after a deadline was extended.

UK bank fraud 'moves to internet'

Fraudsters are continuing their switch from traditional card fraud to raiding online bank accounts, new research shows.

Chevron seeks UK refinery sale, to cut 2,000 jobs

NEW YORK (Reuters) - Chevron Corp , the second-largest U.S. oil company, put some of its downstream operations up for sale, including its Pembroke refinery in the UK, and said it would eliminate 2,000 jobs this year.

Senators to seek wider "Volcker rule"

WASHINGTON (Reuters) - Two Senate Democrats said they will propose on Wednesday placing new limits on proprietary trading by banks and nonbank financial firms, widening the 'Volcker rule' backed by the White House.

Cisco leapfrogs rivals with faster router

NEW YORK (Reuters) - Cisco Systems Inc introduced its first major new routers in six years and said they can be configured to handle Internet traffic up to 12 times faster than rival products.

Job openings up sharply in January to 2.7M (AP)

AP - Job openings rose sharply earlier this year, evidence that employers are slowly ramping up hiring as the economy improves.

Bailed-out U.S. financial stocks surge

NEW YORK (Reuters) - The shares of companies bailed out by the U.S. government during the financial crisis surged on Tuesday, fueled by speculation about money-making asset sales, cheap valuations and a recovery.

Royal junk mail

Why postal reforms are good news for direct mailers

Doctom Crash

10 years on from the burst Nasdaq bubble

Toyota denies Prius recall coming

Toyota Motor Corp. Tuesday denied reports by the Wall Street Journal that the automaker plans to recall the Prius model involved in Monday's high-profile case of unintended acceleration in San Diego.

Stock investors ask: What's the next big thing? (AP)

AP - A year after the stock market began its comeback from 12-year lows, investors are looking for the next big thing.

Hague proffers EU olive branch

William Hague says the Conservatives have made ‘a strategic decision’ not to pick a fight with the rest of Europe if they win the election

Kan. mulling new soda tax, raising other levies (AP)

AP - Kansas would impose a new tax on soda — a penny for every teaspoon of sugar — under a proposal that a key legislator outlined Tuesday while lawmakers considered raising taxes to erase a projected budget shortfall.

EU concern over end of tanker bid

Brussels says it hopes European aerospace group EADS was not prevented from fairly bidding for a major US defence deal.

Chevron to shed 2,000 jobs, sell some assets (AP)

AP - Chevron Corp. said Tuesday it will cut 2,000 jobs this year and sell some overseas operations as it revamps its struggling refinery, marketing and transportation operations.

Israeli housing hits peace moves

Israel reveals plans to build a further 1,600 housing units in a Jewish settlement in occupied East Jerusalem – dealing a blow to the US-led effort to restart peace talks

NAFTA pullout bill fails to scare Ottawa

Fresh off a recent skirmish over "Buy American," some Canadian cabinet ministers are expressing confidence that a new protectionist push from some U.S. politicians won't succeed.

CEO bonuses fell 22 pct in 2009: report

NEW YORK (Reuters) - U.S. consumer, financial and technology companies slashed bonuses for their chief executives by more than half in 2009, a leading firm that tracks pay data said on Tuesday, as companies moved to more closely tie executive pay to performance.

Dozen centuries-old shipwrecks found in Baltic Sea (AP)

AP - A dozen centuries-old shipwrecks — some of them unusually well-preserved — have been found in the Baltic Sea by a gas company building an underwater pipeline between Russia and Germany.

Telecoms lead Wall St rise a year after market bottom

NEW YORK (Reuters) - One year to the day after stocks fell to their worst close in more than 12 years, the U.S. market spent most of Tuesday spinning its wheels.

Obama backs Greece on speculators

President Barack Obama has 'responded positively' to calls to clamp down on market speculators, says the Greek PM after talks.

One Congressman's Solution for Boosting Small Businesses Loans (The Motley Fool)

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%.

W.House's Romer: Too soon for spending clamp-down

ARLINGTON, Virginia (Reuters) - Clamping down on spending now to cut the gaping U.S. budget deficit would be "pound-foolish" and derail the economic recovery, a top White House economic adviser said on Tuesday.

Job Market Shows Signs of Gains (source: barrons)

Two new reports show that the job market continues to make small gains, though employers will have to do a lot more hiring before a dent is made in the nation's 9.7% unemployment rate. (source: barrons) RSS feeds and News Widgets - ca.feedzilla.com

Budget squeeze sours jobs picture (source: CNN)

Another big employer is hanging out the "Not Hiring" sign. (source: CNN) RSS feeds and News Widgets - ca.feedzilla.com

Europe cries foul over US defence tender

European countries have accused Washington of foul play after the continent’s largest aerospace and defence company pulled out of a multibillion-dollar race to supply the US military, alleging unfair ­competition

Avis Budget Group Named to List of America's Top Corporations for... (source: congoo)

Company: Carter-Wallace, Inc. (CAR) Avis Budget Group, a leading provider of vehicle rental services, announced today that the Women's Business Enterprise National Council (WBENC) has again recognized (source: congoo) RSS feeds and News Widgets - ca.feedzilla.com

UK trade gap at 17-month high

The UK goods trade deficit with the rest of the world widens in January, causing the pound to dip below $1.50.

Beijing still keen to buy US bonds

China’s investments in US Treasury bonds are continuing ‘every day’ and should not be politicised, according to the head of China’s foreign exchange administration, which manages $2,400bn in forex reserves

Chevron to cut 2,000 jobs

Chevron Corp. has announced it will cut 2,000 jobs this year and make more reductions in 2011.

Commercial delinquency lower than other mortgages (AP)

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.

Barclays looking for U.S. retail bank to buy: report

NEW YORK (Reuters) - British bank Barclays Plc is looking to buy a retail bank in the United States to extend its presence after buying Lehman Brothers North American operations in 2008, the Wall Street Journal reported on Tuesday, citing people close to the matter.

Investigating the cyber attack on Google

Canadian experts are throwing their expertise behind the multinational investigation into January's high-profile cyber attack against Google.

Businesses to add jobs, surveys say

Canadian business owners and managers say they're more likely to hire new employees this year as the economy recovers, two surveys suggest.

Call for action on speculation rules

Germany and France are stepping up pressure for urgent EU action to tighten regulation in sovereign debt markets – in particular of credit default swaps – in the wake of the Greek crisis Eurogroup backs Merkel initiative

EU urges US to join in action against speculators (AP)

AP - European officials urged the U.S. to join in a crackdown on speculators who bet against Europe's currency union, warning they might ban some credit default swaps — opaque financial instruments blamed for worsening the world financial crisis.

Britain's trade deficit widens (AP)

AP - Britain's trade deficit with the rest of the world widened unexpectedly in January after lower sales of chemicals and other commodities led a drop in exports.

New Delhi boost for women MPs

India has taken a big step towards the introduction of legislation to boost female representation in parliament, with the upper house passing a bill that would reserve a third of lower house seats for women

Pink Floyd sues EMI over online royalties

British rock band Pink Floyd has launched a lawsuit against its record company, EMI, claiming it has miscalculated royalty payments for online sales.

Aer Lingus to make 670 job cuts

Aer Lingus announces plans to lay off 670 staff, including nearly a quarter of its cabin crew, as part of restructuring plans.

Man., Sask. governments go on power play

The Manitoba and Saskatchewan governments have agreed to more than double the capacity of the power grid that connects the two provinces.

Sex.com goes on auction block

Sex.com, a popular domain name on the internet, will be auctioned off in New York this month after its owners defaulted on debt payments.

Palace intrigue undermines Team Obama

The abundance of unauthorised leaks undermines the President Barack Obama’s style of doing business

Chevron looks for refinery buyer

The Chevron oil firm is looking for bids for a refinery that directly employs around 1,400 people in Pembrokeshire.

Photographer Annie Leibovitz snaps up debt rescue deal

Photographer Annie Leibovitz does a deal with Colony Capital to clear huge debts that meant she may have lost her library of famous pictures.

Payment protection rules delayed

The Financial Services Authority is delaying its plans to combat the mis-selling of payment protection insurance.

Cisco unveils faster internet gear

Cisco Systems, the world's largest supplier of internet backbone equipment, is tripling the capacity of its gear, a move it is hyping as one that will change the internet forever.

Oscar puts Japan in deep water over dolphins

An award-winning documentary critical of dolphin hunting has dealt Tokyo a public relations blow – just as it faces growing pressure on other aspects of its exploitation of maritime resources

Obama: Greece, facing bad days, has US as ally (AP)

AP - President Barack Obama stood with Greek Prime Minister George Papandreou on Tuesday and pledged that the United States would work with its ally, even as Greece's enormous debts sparked frenzied trading.

CRTC probing Mobilicity ownership

The CRTC is reviewing the structure of Mobilicity, the fledgling cellphone provider formerly known as DAVE Wireless, to see whether it meets Canadian-ownership rules.

ICF International's 4Q net ticks higher (AP)

AP - ICF International Inc.'s quarterly profit ticked higher as the company benefited from a lower tax rate and higher revenue from its consulting and technology services.

Feds to probe cause of runaway Prius in California (AP)

AP - 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.

Dollar General sues rival chain over colors (AP)

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.

Senators eye pre-funded resolution authority

Senators in the banking committee have agreed in principle to a partially pre-funded ‘resolution authority’ to wind down a failing bank holding company, favouring a structure that would levy a $50bn charge on the industry

Canadian bank profits top $5B

Total profits for Canada's six biggest banks surged to $5.3 billion in the first quarter as loan losses fell and their domestic operations flourished.

Gas price rises seen gentler on consumer wallets (AP)

AP - As the economy recovers, energy prices are rising and that is placing extra strain on families' budgets.

US seeks talks to avert trade war with Brazil (AFP)

AFP - Visiting US Commerce Secretary Gary Locke said Tuesday that Washington was seeking talks with Brazil before it imposes retaliatory trade tariffs for US cotton subsidies the WTO ruled as discriminatory.

Toyota to fix more Tundras for rust problems

DETROIT (Reuters) - Toyota said on Tuesday it would fix all Tundra pickups sold in the United States for the 2000 to 2003 model years to address a risk that part of the truck's frame could corrode, causing spare tires or even the gas tank to drop to the road.

Booksellers battle Amazon's Canadian plans

A decision to allow Amazon.com Inc. to open a distribution centre in Canada would set a precedent for changes to Canadian foreign ownership rules, the Canadian Booksellers' Association says.

Greece says G20 to review financial speculation

WASHINGTON (Reuters) - Greece, pressing for curbs on financial speculation it blames for worsening the country's debt crisis, said on Tuesday the idea would be examined by the Group of 20 leading powers at their next summit.

BA strike action talks to resume

Talks aimed averting strike action by BA cabin crew are due to resume later, after a deadline was extended.

UK bank fraud 'moves to internet'

Fraudsters are continuing their switch from traditional card fraud to raiding online bank accounts, new research shows.

Chevron seeks UK refinery sale, to cut 2,000 jobs

NEW YORK (Reuters) - Chevron Corp , the second-largest U.S. oil company, put some of its downstream operations up for sale, including its Pembroke refinery in the UK, and said it would eliminate 2,000 jobs this year.

Senators to seek wider "Volcker rule"

WASHINGTON (Reuters) - Two Senate Democrats said they will propose on Wednesday placing new limits on proprietary trading by banks and nonbank financial firms, widening the 'Volcker rule' backed by the White House.

Cisco leapfrogs rivals with faster router

NEW YORK (Reuters) - Cisco Systems Inc introduced its first major new routers in six years and said they can be configured to handle Internet traffic up to 12 times faster than rival products.

Job openings up sharply in January to 2.7M (AP)

AP - Job openings rose sharply earlier this year, evidence that employers are slowly ramping up hiring as the economy improves.

Bailed-out U.S. financial stocks surge

NEW YORK (Reuters) - The shares of companies bailed out by the U.S. government during the financial crisis surged on Tuesday, fueled by speculation about money-making asset sales, cheap valuations and a recovery.

Royal junk mail

Why postal reforms are good news for direct mailers

Doctom Crash

10 years on from the burst Nasdaq bubble

Toyota denies Prius recall coming

Toyota Motor Corp. Tuesday denied reports by the Wall Street Journal that the automaker plans to recall the Prius model involved in Monday's high-profile case of unintended acceleration in San Diego.

Stock investors ask: What's the next big thing? (AP)

AP - A year after the stock market began its comeback from 12-year lows, investors are looking for the next big thing.

Hague proffers EU olive branch

William Hague says the Conservatives have made ‘a strategic decision’ not to pick a fight with the rest of Europe if they win the election

Kan. mulling new soda tax, raising other levies (AP)

AP - Kansas would impose a new tax on soda — a penny for every teaspoon of sugar — under a proposal that a key legislator outlined Tuesday while lawmakers considered raising taxes to erase a projected budget shortfall.

EU concern over end of tanker bid

Brussels says it hopes European aerospace group EADS was not prevented from fairly bidding for a major US defence deal.

Chevron to shed 2,000 jobs, sell some assets (AP)

AP - Chevron Corp. said Tuesday it will cut 2,000 jobs this year and sell some overseas operations as it revamps its struggling refinery, marketing and transportation operations.

Israeli housing hits peace moves

Israel reveals plans to build a further 1,600 housing units in a Jewish settlement in occupied East Jerusalem – dealing a blow to the US-led effort to restart peace talks

NAFTA pullout bill fails to scare Ottawa

Fresh off a recent skirmish over "Buy American," some Canadian cabinet ministers are expressing confidence that a new protectionist push from some U.S. politicians won't succeed.

CEO bonuses fell 22 pct in 2009: report

NEW YORK (Reuters) - U.S. consumer, financial and technology companies slashed bonuses for their chief executives by more than half in 2009, a leading firm that tracks pay data said on Tuesday, as companies moved to more closely tie executive pay to performance.

Dozen centuries-old shipwrecks found in Baltic Sea (AP)

AP - A dozen centuries-old shipwrecks — some of them unusually well-preserved — have been found in the Baltic Sea by a gas company building an underwater pipeline between Russia and Germany.

Telecoms lead Wall St rise a year after market bottom

NEW YORK (Reuters) - One year to the day after stocks fell to their worst close in more than 12 years, the U.S. market spent most of Tuesday spinning its wheels.

Obama backs Greece on speculators

President Barack Obama has 'responded positively' to calls to clamp down on market speculators, says the Greek PM after talks.

One Congressman's Solution for Boosting Small Businesses Loans (The Motley Fool)

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%.

W.House's Romer: Too soon for spending clamp-down

ARLINGTON, Virginia (Reuters) - Clamping down on spending now to cut the gaping U.S. budget deficit would be "pound-foolish" and derail the economic recovery, a top White House economic adviser said on Tuesday.

Job Market Shows Signs of Gains (source: barrons)

Two new reports show that the job market continues to make small gains, though employers will have to do a lot more hiring before a dent is made in the nation's 9.7% unemployment rate. (source: barrons) RSS feeds and News Widgets - ca.feedzilla.com

Budget squeeze sours jobs picture (source: CNN)

Another big employer is hanging out the "Not Hiring" sign. (source: CNN) RSS feeds and News Widgets - ca.feedzilla.com

Europe cries foul over US defence tender

European countries have accused Washington of foul play after the continent’s largest aerospace and defence company pulled out of a multibillion-dollar race to supply the US military, alleging unfair ­competition

Avis Budget Group Named to List of America's Top Corporations for... (source: congoo)

Company: Carter-Wallace, Inc. (CAR) Avis Budget Group, a leading provider of vehicle rental services, announced today that the Women's Business Enterprise National Council (WBENC) has again recognized (source: congoo) RSS feeds and News Widgets - ca.feedzilla.com

UK trade gap at 17-month high

The UK goods trade deficit with the rest of the world widens in January, causing the pound to dip below $1.50.

Beijing still keen to buy US bonds

China’s investments in US Treasury bonds are continuing ‘every day’ and should not be politicised, according to the head of China’s foreign exchange administration, which manages $2,400bn in forex reserves

Chevron to cut 2,000 jobs

Chevron Corp. has announced it will cut 2,000 jobs this year and make more reductions in 2011.

Commercial delinquency lower than other mortgages (AP)

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.

Barclays looking for U.S. retail bank to buy: report

NEW YORK (Reuters) - British bank Barclays Plc is looking to buy a retail bank in the United States to extend its presence after buying Lehman Brothers North American operations in 2008, the Wall Street Journal reported on Tuesday, citing people close to the matter.

Investigating the cyber attack on Google

Canadian experts are throwing their expertise behind the multinational investigation into January's high-profile cyber attack against Google.

Businesses to add jobs, surveys say

Canadian business owners and managers say they're more likely to hire new employees this year as the economy recovers, two surveys suggest.

Call for action on speculation rules

Germany and France are stepping up pressure for urgent EU action to tighten regulation in sovereign debt markets – in particular of credit default swaps – in the wake of the Greek crisis Eurogroup backs Merkel initiative

EU urges US to join in action against speculators (AP)

AP - European officials urged the U.S. to join in a crackdown on speculators who bet against Europe's currency union, warning they might ban some credit default swaps — opaque financial instruments blamed for worsening the world financial crisis.

Britain's trade deficit widens (AP)

AP - Britain's trade deficit with the rest of the world widened unexpectedly in January after lower sales of chemicals and other commodities led a drop in exports.

New Delhi boost for women MPs

India has taken a big step towards the introduction of legislation to boost female representation in parliament, with the upper house passing a bill that would reserve a third of lower house seats for women

Pink Floyd sues EMI over online royalties

British rock band Pink Floyd has launched a lawsuit against its record company, EMI, claiming it has miscalculated royalty payments for online sales.

Aer Lingus to make 670 job cuts

Aer Lingus announces plans to lay off 670 staff, including nearly a quarter of its cabin crew, as part of restructuring plans.

Man., Sask. governments go on power play

The Manitoba and Saskatchewan governments have agreed to more than double the capacity of the power grid that connects the two provinces.

Sex.com goes on auction block

Sex.com, a popular domain name on the internet, will be auctioned off in New York this month after its owners defaulted on debt payments.

Palace intrigue undermines Team Obama

The abundance of unauthorised leaks undermines the President Barack Obama’s style of doing business

Chevron looks for refinery buyer

The Chevron oil firm is looking for bids for a refinery that directly employs around 1,400 people in Pembrokeshire.

Photographer Annie Leibovitz snaps up debt rescue deal

Photographer Annie Leibovitz does a deal with Colony Capital to clear huge debts that meant she may have lost her library of famous pictures.

Payment protection rules delayed

The Financial Services Authority is delaying its plans to combat the mis-selling of payment protection insurance.

Cisco unveils faster internet gear

Cisco Systems, the world's largest supplier of internet backbone equipment, is tripling the capacity of its gear, a move it is hyping as one that will change the internet forever.

Oscar puts Japan in deep water over dolphins

An award-winning documentary critical of dolphin hunting has dealt Tokyo a public relations blow – just as it faces growing pressure on other aspects of its exploitation of maritime resources