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Business - Google News

Runaway Prius driver: Brakes were 'almost burned' - The Associated Press
Wed, 10 Mar 2010 10:00:08 GMT+00:00

Telegraph.co.uk

Runaway Prius driver: Brakes were 'almost burned'
The Associated Press
EL CAJON, Calif. — Before he called 911, James Sikes says he reached down with his hand to loosen the "stuck" accelerator on his 2008 Toyota Prius, his other hand on the steering wheel. The pedal didn't move. "My car can't slow down," he began when a ...
California Prius incident probedDetroit Free Press
Runaway Prius Tale Prompts New ProbeWall Street Journal
U.S. investigating Toyota Prius incident: reportsMarketWatch
New York Times -Albuquerque Express -USA Today
all 2,145 news articles »
Swiss Re, Munich Re face $500 mln losses in Chile - MarketWatch
Wed, 10 Mar 2010 09:41:26 GMT+00:00

BBC News

Swiss Re, Munich Re face $500 mln losses in Chile
MarketWatch
LONDON (MarketWatch) -- Reinsurance giants Swiss Re and Munich Re on Wednesday estimated they will be hit by losses of $500 million or more each from the earthquake in Chile, while the insurance industry as a whole is ...
Munich Re's Net Soars on Lower Claims, Better Investment ResultWall Street Journal
Munich Re Sticks to Profit Target After Quake, StormBusinessWeek
Insurers' Chile Quake Hit Won't up PricesABC News
Reuters -BBC News -Straits Times
all 61 news articles »
Bank of America Eliminates Overdraft Fees on Debit Buys - Wall Street Journal
Wed, 10 Mar 2010 03:26:47 GMT+00:00

New York Magazine

Bank of America Eliminates Overdraft Fees on Debit Buys
Wall Street Journal
Bank of America Corp. plans to announce Wednesday that it is eliminating $35 overdraft fees on debit-card purchases as the bank tries to stay ahead of a sweeping round of regulations. The move means that any customer ...
Bank of America to End Overdraft Fees on Debit PurchasesNew York Times
Bank of America Kills Overdraft Fees on Debt CardsDailyFinance
BofA ending overdraft fees on debit cardsReuters
USA Today -TheStreet.com -Washington Post
all 227 news articles »
Northern Rock Narrows Loss; Bad Loan Provisions Rise - BusinessWeek
Wed, 10 Mar 2010 09:59:02 GMT+00:00

The Guardian

Northern Rock Narrows Loss; Bad Loan Provisions Rise
BusinessWeek
March 10 (Bloomberg) -- Northern Rock (Asset Management) Plc, the nationalized UK lender closed to new customers, said bad loan provisions rose as its 2009 loss narrowed. The full-year net loss was 309.1 million pounds ($470 million) ...
Nationalized UK bank Northern Rock back in profitThe Associated Press
Northern Rock loss narrows, CEO waives bonusMarketWatch
Northern Rock: more than 4% of mortgage customers are in arrearsThe Guardian
BBC News -Times Online -Financial Times
all 219 news articles »
UK industrial output falls 0.4% in January - BBC News
Wed, 10 Mar 2010 09:54:45 GMT+00:00

BBC News

UK industrial output falls 0.4% in January
BBC News
Output fell by 0.4% compared with December, the Office for National Statistics (ONS) said. Analysts had expected a rise of 0.3%. A strong December figure and poor weather were largely to blame for the drop in production, the ONS added. ...
U.K. Jan. manufacturing output falls 0.9%MarketWatch
Britain's trade deficit widensThe Associated Press
UK Analysis: Manufacturing Output Down Sharply In JanuaryMarket News International
AFP -The Guardian -RTT News
all 175 news articles »
Papandreou Says Obama Supports Greece Crisis Meaures - BusinessWeek
Wed, 10 Mar 2010 09:38:54 GMT+00:00

Reuters

Papandreou Says Obama Supports Greece Crisis Meaures
BusinessWeek
(Adds bonds in 11th paragraph, Prodi quote in 12th. For more on the Greek fiscal crisis, see EXT3 .) By Kate Andersen Brower March 10 (Bloomberg) -- Greek Prime Minister George Papandreou said President Barack Obama expressed support for measures being ...
Greek PM: Obama receptive to reining in speculatorsReuters
Greek PM: 'We haven't asked' for helpPolitico
Greek Leader Wants to Restrict Speculative TradesNew York Times
MarketWatch -BusinessWeek -Reuters
all 2,074 news articles »
Citigroup Selling TruPS After Repaying Bailout: Credit Markets - BusinessWeek
Wed, 10 Mar 2010 09:31:08 GMT+00:00

Citigroup Selling TruPS After Repaying Bailout: Credit Markets
BusinessWeek
March 10 (Bloomberg) -- 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 ...
Citigroup Offers $2B Trust Preferred SecuritiesWall Street Journal
Citigroup To Sell $2B TruPSEmii.com
Citibank Offering $2 billion in Trust Preferred Securities (NYSE: C)American Banking News
BusinessWeek
all 18 news articles »
Google Opens Online Applications Store to Attract Developers - BusinessWeek
Wed, 10 Mar 2010 06:09:11 GMT+00:00

Product Reviews (blog)

Google Opens Online Applications Store to Attract Developers
BusinessWeek
March 10 (Bloomberg) -- Google Inc., owner of the most popular Internet search engine, opened an online store that helps developers of business software sell their own programs. More than 50 companies are involved in the store initially ...
Google Launches the Google Apps MarketplaceABH News
Google Opens Apps MarketplaceTheStreet.com
Google launches Google Apps MarketplaceThe Money Times
The Associated Press -NetworkWorld.com -New York Times (blog)
all 615 news articles »
E.On 2009 Net Income up Sharply to $11.4 Billion - ABC News
Wed, 10 Mar 2010 09:43:16 GMT+00:00

France24

E.On 2009 Net Income up Sharply to $11.4 Billion
ABC News
AP Germany energy company E.On AG said Wednesday that 2009 net income rose sharply to euro8.4 billion ($11.4 billion) partly as a result of the disposal of assets. E.On, based in Duesseldorf, earned euro1.3 billion in ...
E.on Net Income Up SharplyNew York Times
E.On AG's adj. operating profit up 1% in 2009MarketWatch
E.ON cautious about outlook after posting 2009 profit fallMonsters and Critics.com
France24 -Newsday (subscription) -OilVoice (press release)
all 64 news articles »
World stocks little changed as China exports surge - The Associated Press
Wed, 10 Mar 2010 09:20:03 GMT+00:00

Boston Globe

World stocks little changed as China exports surge
The Associated Press
HONG KONG — World stock markets were little changed Wednesday even as surging Chinese exports pointed to a pickup in global trade. Asia's major indexes were mixed as many markets fluctuated for the second day in a row and European stocks opened without ...
HK, China stocks mixed; CITIC Pacific, Cathay upReuters
China Southern To Raise CNY10.75 Bln In Placement To Cut DebtWall Street Journal
China Property Stocks 'Reasonably Valued,' Mio SaysBusinessWeek
Reuters -Reuters -Reuters
all 502 news articles »

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 Word of the day 

Merriam-Webster's Word of the Day for March 10, 2010 is:

petard • \puh-TAHRD\  • noun
1 : a case containing an explosive to break down a door or gate or breach a wall *2 : a firework that explodes with a loud report

Example sentence:
"The blast occurred on Sunday afternoon in a farmer's house in the Anhui Province, destroying six rooms which stored materials for making petards and firecrackers." (RIA Novosti, January 11, 2010)

Did you know?
Aside from historical references to siege warfare, and occasional contemporary references to fireworks, "petard" is almost always encountered in variations of the phrase "hoist with one's own petard," meaning "victimized or hurt by one's own scheme." The phrase comes from Shakespeare's Hamlet: "For 'tis the sport to have the enginer / Hoist with his own petar." "Hoist" in this case is the past participle of the verb "hoise," meaning "to lift or raise," and "petar(d)" refers to an explosive device used in siege warfare. Hamlet uses the example of the engineer (the person who sets the explosive device) being blown into the air by his own device as a metaphor for those who schemed against Hamlet being undone by their own schemes. The phrase has endured, even if its literal meaning has largely been forgotten.

*Indicates the sense illustrated in the example sentence.

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