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Thursday, March 10, 2011

DAI: Dow sinks below 12,000 on Saudi, economy fears

Reuters
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03/10/2011
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LATEST NEWS
Dow sinks below 12,000 on Saudi, economy fears
NEW YORK (Reuters) - Fears about the economy and unrest in Saudi Arabia darkened the outlook for equities on Thursday, pushing major indexes below key technical levels. | Full Article
Euro zone debt crisis intensifies on summit eve
March 10, 2011 02:12 PM ET
MADRID/BRUSSELS (Reuters) - Moody's cut Spain's debt rating on Thursday, pushing the euro lower and deepening the sense of crisis in the 17-nation currency bloc on the eve of a crucial summit. | Full Article
Budget deficit hits record $222.5 billion in February
March 10, 2011 04:23 PM ET
WASHINGTON (Reuters) - The government posted a record monthly budget deficit of $222.5 billion in February as spending growth outstripped revenue gains crimped by tax cuts enacted late last year, the Treasury Department reported on Thursday. | Full Article
"Deep" probe expected for D.Boerse-NYSE merger
March 10, 2011 02:41 PM ET
BRUSSELS/NEW YORK (Reuters) - EU regulators are likely to take a long, hard look at Deutsche Boerse's planned takeover of NYSE Euronext, the EU's antitrust chief said, while a top NYSE executive said talks with authorities globally are so far "going well." | Full Article
Ex-McKinsey partner tells jury he tipped Rajaratnam
March 10, 2011 04:28 PM ET
NEW YORK (Reuters) - A disgraced former partner at McKinsey & Co told jurors he leaked stock tips about the elite consulting firm's clients to Raj Rajaratnam, in dramatic testimony at the biggest U.S. insider trading trial in years. | Full Article
US TOP NEWS
Wisconsin debates union powers amid protests
March 10, 2011 04:20 PM ET
MADISON (Reuters) - The Wisconsin state Assembly on Thursday began a session expected to approve sweeping Republican-backed restrictions on public sector union powers as thousands of protesters gathered at the Capitol. | Full Article
Libya bombards rebels, threatens full offensive
March 10, 2011 03:59 PM ET
TRIPOLI (Reuters) - Libyan leader Muammar Gaddafi is ready to unleash the full might of his forces to crush a three-week-old insurrection, his son said on Thursday as warplanes and tanks struck at the country's rebel-controlled east. | Full Article
House panel delves into Muslims radicalization
March 10, 2011 02:37 PM ET
WASHINGTON (Reuters) - Muslim Americans must do more to combat Islamic radicalization as al Qaeda targets them to help carry out terrorism plots, a lawmaker said on Thursday as he convened hearings critics said unfairly singled out Muslims. | Full Article
Egypt apologizes for security police "violations": report
March 10, 2011 03:58 PM ET
CAIRO (Reuters) - Egypt's interior minister said the state security apparatus will be restricted to combating terrorism and espionage and he apologized for past 'violations'. the official state news agency MENA reported Thursday. | Full Article
No consensus seen in Congress for U.S. Libya action
March 10, 2011 04:09 PM ET
WASHINGTON (Reuters) - As the Obama administration wrestles over what to do about Libya, the voices on Capitol Hill offer no consensus on military action. | Full Article
HEALTH NEWS
Nearly 12 million Americans are cancer survivors
New lupus drug may end treatment nightmare for some
FDA clears new lupus drug, blockbuster sales seen
Bauchner named JAMA editor-in-chief
No proof of drug industry sway on WHO in pandemic: report
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