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Monday, March 14, 2011

DAI: Markets hurt by Japan, but selling could wane

Reuters
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03/14/2011
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LATEST NEWS
Markets hurt by Japan, but selling could wane
NEW YORK (Reuters) - U.S. stocks fell in the aftermath of Japan's devastating earthquake on Monday, but other than specific industries such as nuclear power, the broad impact on equities was expected to be short-lived. | Full Article
Japan economy shudders after shocks, BOJ pumps cash
March 14, 2011 03:48 PM ET
TOKYO (Reuters) - Japan's central bank on Monday rushed to bolster markets in the wake of the country's worst disaster since World War Two and although the authorities said it was too early to put a figure on the damage, critics said a stronger initial response had been needed. | Full Article
Buffett bets on emerging markets with Lubrizol buy
March 14, 2011 01:54 PM ET
NEW YORK (Reuters) - Billionaire Warren Buffett's Berkshire Hathaway Inc struck a deal to buy lubricant maker Lubrizol Corp for $9 billion in a bet on industrial growth in emerging economies. | Full Article
Quake selloff wipes $287 billion off Tokyo stock market
March 14, 2011 10:34 AM ET
TOKYO (Reuters) - A massive selloff on the Tokyo Stock Exchange wiped out some 23.5 trillion yen ($287 billion) from the market's value on Monday with investors dumping stocks as the country recoiled from a devastating earthquake and struggled to avert nuclear disaster. | Full Article
Renault says sorry to execs over false spy claims
March 14, 2011 04:26 PM ET
PARIS (Reuters) - French carmaker Renault made a public apology to three executives accused of industrial espionage after the Paris prosecutor said the trio had no case to answer. | Full Article
US TOP NEWS
Quake ravaged Japan battles against nuclear meltdown
March 14, 2011 03:24 PM ET
FUKUSHIMA, Japan (Reuters) - Japanese engineers raced to prevent a meltdown at a stricken nuclear plant on Tuesday, as rescuers scrambled to help millions left without food, water or heating by a devastating earthquake and tsunami. | Full Article
Special report: Can Japan find "New Deal" after triple whammy?
March 14, 2011 01:48 PM ET
TOKYO (Reuters) - The Daiichi nuclear power plant in Fukushima is built right on the shoreline in northeast Japan. So when an 8.9 magnitude earth quake struck on Friday, the giant tsunami waves it spawned crashed over the reactors and put them at risk of a meltdown. | Full Article
Rajaratnam cheered and paid $1 million for tip, trial hears
March 14, 2011 02:25 PM ET
NEW YORK (Reuters) - A disgraced former McKinsey & Co partner testified that hedge fund manager Raj Rajaratnam paid him a $1 million "bonus" for tipping him about an acquisition by chip-maker Advanced Micro Devices Inc, a client of the consulting firm. | Full Article
Humanitarian crisis deepens in quake-hit Japan
March 14, 2011 01:38 PM ET
RIKUZENTAKATA, Japan (Reuters) - Millions of people in Japan's devastated northeast were spending a fourth night without water, food or heating in near-freezing temperatures, as tens of thousands of rescue workers struggled to reach them. | Full Article
Libya jets bomb rebels, French press for no-fly zone
March 14, 2011 03:30 PM ET
AJDABIYAH, Libya (Reuters) - Muammar Gaddafi's jets bombed Libyan rebels on Monday, aiding a counter-offensive that has pushed insurgents 100 miles eastwards in a week, as France pressed for a no-fly zone "as fast as possible." | Full Article
HEALTH NEWS
Drug prices outstrip other medical costs: GAO
Japan nuclear health risks low, won't blow abroad
U.S. advisers say teens' menthol cigarette use rises
Teens from wealthier families may drink more
Drug prices outstrip other medical costs: GAO
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