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Friday, March 4, 2011

DAI: Wall St ends the week flat as oil prices weigh

Reuters
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03/4/2011
News Good evening Pan
LATEST NEWS
Wall St ends the week flat as oil prices weigh
NEW YORK (Reuters) - Wall Street erased most of its weekly gains on Friday as fears of more geopolitical turmoil and higher oil prices threaten to stifle rallies in coming weeks. | Full Article
Employment rebounds from winter gloom
March 04, 2011 03:28 PM ET
WASHINGTON (Reuters) - Employers hired workers at the fastest pace in nine months in February and the jobless rate slipped to a nearly two-year low of 8.9 percent, showing the economy is finally kicking into a higher gear. | Full Article
U.S. plans audiotapes of Rajaratnam-Gupta conspiracy
March 04, 2011 03:01 PM ET
NEW YORK (Reuters) - Federal prosecutors said they plan to introduce audiotape evidence at next week's trial of Raj Rajaratnam showing that the Galleon Group founder conspired with former Goldman Sachs Group Inc director Rajat Gupta to get inside tips about the Wall Street bank. | Full Article
Oil rises on Libya clashes, Mideast unrest
March 04, 2011 03:56 PM ET
NEW YORK (Reuters) - Brent oil prices pushed back above $116 a barrel and U.S. oil hit its highest since September 2008 on Friday, as fighting in Libya intensified and threatened the country's oil sector. | Full Article
Regulators battle Wall Street for brains, money
March 04, 2011 12:13 PM ET
WASHINGTON (Reuters) - Long outgunned by Wall Street's big brains and big budgets, U.S. financial regulators are hoping to close the gap -- if they get the money to do it. | Full Article
US TOP NEWS
Libyan forces fight for town in west, rebels in east
March 04, 2011 03:36 PM ET
AJDABIYAH, Libya (Reuters) - Muammar Gaddafi's forces fought their way into a rebel-held western town on Friday, but rebels said they had captured the eastern oil town of Ras Lanuf, extending their hold on eastern Libya. | Full Article
Libyan deputy minister says government accepts Chavez plan
March 04, 2011 03:29 PM ET
TRIPOLI (Reuters) - Libyan Deputy Foreign Minister Khaled Kaim said on Friday the government had accepted a peace initiative put forward by Venezuelan President Hugo Chavez. | Full Article
Senate to debate rival spending bills next week
March 04, 2011 03:04 PM ET
WASHINGTON (Reuters) - Senate Democrats on Friday pushed for a vote next week on their new proposal to trim $6 billion from spending while protecting President Barack Obama's healthcare overhaul and other priorities. | Full Article
Wisconsin governor prepares layoffs amid standoff
March 04, 2011 01:29 PM ET
MADISON, Wisconsin (Reuters) - A "frustrated" Wisconsin Governor Scott Walker was poised on Friday to issue layoff notices to 1,500 state workers, blaming the move on a two-week standoff over his bill to curb union collective bargaining rights. | Full Article
NFL and union extend talks for another week
March 04, 2011 04:04 PM ET
WASHINGTON (Reuters) - The NFL and the players' union agreed to extend talks on a new collective agreement for another week, raising hopes a fresh deal could be struck and a lockout avoided. | Full Article
HEALTH NEWS
U.S. team makes key memory cells in lab dish
FDA: migraine drug ups risk for oral birth defects
Medical journals retract "unethical" research
Drug use linked to airplane accidents
Pfizer arthritis drug meets main goals of trial
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