Aaron's Daily WWW Newspaper

This newspaper is generated daily by my (un)intelligent agent. For more information on the newspaper's generation or if you have questions/comments, please consult the Newspaper Frequently Asked Questions list.
-Thanks, Aaron, proprietor of the Last Homely House

This edition was generated on Thu Feb 9 08:45:01 EST 2012

Table of Contents

General News Update
Sports News Update
Business News Update
Miscellaneous Daily Information
Boston Area Weather


General News Update

Yahoo! Reuters Headlines-General News:

  • Socialist Leader George Papandreou leaves the Prime minister's office early  Thursday, Feb. 9, 2012. Leaders of the three parties backing Greece's coalition governments have objected to demands by Greece's creditors for substantial cuts in supplementary pensions and have left Prime Minister Lucas Papademos to negotiate with them. (AP Photo/Petros Giannakouris)
    Greece debt talks fail to reach full deal AP - 1 hr 39 mins ago

    Greece's crucial euro130 billion ($173 billion) bailout was in limbo Thursday, after political leaders failed to accept the entire batch of new austerity measures that are demanded by creditors but have fueled outrage in … More »Greece debt talks fail to reach full deal

    Socialist Leader George Papandreou leaves the Prime minister's office early  Thursday, Feb. 9, 2012. Leaders of the three parties backing Greece's coalition governments have objected to demands by Greece's creditors for substantial cuts in supplementary pensions and have left Prime Minister Lucas Papademos to negotiate with them. (AP Photo/Petros Giannakouris)

    Greece's crucial euro130 billion ($173 billion) bailout was in limbo Thursday, after political leaders failed to accept the entire batch of new austerity measures that are demanded by creditors but have fueled outrage in the recession-hit country.

  • Things to Watch For at CPAC
    Things to watch for at CPAC The Daily Beast - 2 hrs 3 mins ago

    Romney, Santorum, Gingrich and Sarah Palin descend on CPAC—plus a presidential straw poll. Ben Jacobs previews the event. More »Things to watch for at CPAC

    Things to Watch For at CPAC

    Romney, Santorum, Gingrich and Sarah Palin descend on CPAC—plus a presidential straw poll. Ben Jacobs previews the event.

  • Return of the Culture Wars: Can Mitt Romney Win Conservative Backing?
    Return of the culture wars bad news for Romney ABC News - 17 hrs ago

    Mitt Romney Struggles to Win Conservative Voters More »Return of the culture wars bad news for Romney

    Return of the Culture Wars: Can Mitt Romney Win Conservative Backing?

    Mitt Romney Struggles to Win Conservative Voters

  • A poor man sits in a quilt during severe winter in an old part of Rawalpindi city in Pakistan on Tuesday, Feb 7, 2012. (AP Photo/B.K. Bangash)
    US kills al-Qaida-linked militant in Pakistan AP - 2 hrs 17 mins ago

    A U.S. drone fired two missiles at a house in Pakistan's northwest tribal region Thursday, killing five suspected militants, intelligence officials said. The Taliban identified one of them as a prominent commander who has … More »US kills al-Qaida-linked militant in Pakistan

    A poor man sits in a quilt during severe winter in an old part of Rawalpindi city in Pakistan on Tuesday, Feb 7, 2012. (AP Photo/B.K. Bangash)

    A U.S. drone fired two missiles at a house in Pakistan's northwest tribal region Thursday, killing five suspected militants, intelligence officials said. The Taliban identified one of them as a prominent commander who has served as a key link to al-Qaida.

  • Santorum Raises $1M After Hat Trick
    Santorum raises $1 million after hat trick ABC News - 6 hrs ago

    Standing in front of a massive crowd at a rally in Plano, Texas, Rick Santorum unleashed criticism of Barack Obama and threw out some campaign red meat to supporters hungry for it, telling them the president has an “overt … More »Santorum raises $1 million after hat trick

    Santorum Raises $1M After Hat Trick

    Standing in front of a massive crowd at a rally in Plano, Texas, Rick Santorum unleashed criticism of Barack Obama and threw out some campaign red meat to supporters hungry for it, telling them the president has an “overt hostility to faith.”...

  • The number of people seeking unemployment aid neared a four-year low last week, an encouraging sign that strong hiring could continue in the coming months.

  • L.A.’s school sex-abuse scandal The Daily Beast - 3 hrs ago
    L.A.’s School Sex-Abuse Scandal

    The district faces a legal crisis over horrifying allegations of abuse, Christine Pelisek reports.

  • Was this the tell-tale evidence? Egyptian authorities say they found maps in the offices of raided pro-democracy NGOs, the country's Justice Ministry told reporters on Wednesday. Maps that divided Egypt into zones. Maps containing English writing. "We found a number of maps scribbled on in English and divided in to four …

  • Squeezed by a tight job market, young Americans are especially struggling. They have suffered bigger income losses than other age groups and are less likely to be employed than at any time since World War II.

  • Restrictions Easing on Women in Combat

    The Pentagon on Thursday will propose rule changes that will allow more women to formally serve in jobs closer to the front lines.  Defense officials say as many as 14,000 positions could be opened up, though the restrictions on women serving in infantry combat units...

  • Hold the mystery meat: Military bases will soon be serving more fruits, vegetables and low-fat dishes under the first program in 20 years to improve nutrition standards across the armed services.

  • Facing domestic political pressures, the Bush and Obama administrations released or transferred 600 terror suspects deemed an acceptable threat from the U.S. prison at Guantanamo Bay, Cuba, only to find that 27 percent re-engaged in terrorist or insurgent activities, according to a report by Republicans on the investigations …

  • Maldivian police officers sit in a truck near the residence of former President Mohamed Nasheed, in Male, Maldives,  Thursday, Feb. 9, 2012. A criminal court in the Maldives has issued an arrest warrant for Nasheed, who stepped down from power earlier this week but later insisted he had been ousted in a coup. (AP Photo/Eranga Jayawardena)

    A Maldives court issued an arrest warrant Thursday for former President Mohamed Nasheed, one day after his supporters rampaged in the capital and his claim of being ousted by a coup left unclear the stability of the fledging Indian Ocean democracy.

  • Home-brewed coffee lovers, take note: More than a million coffee makers are being recalled after dozens of reports of the brewers spraying hot liquid, coffee grounds or tea leaves onto people.

  • This is an undated handout photo issued by tBritain's Ministry of Defence on Wednesday Feb. 8, 2012  of Britain's  Prince Harry as he prepares his Apache helicopter to go out on a mission in El Centro, California. Prince Harry was handed the prize of being the best co-pilot gunner on completing 18 months of rigorous training on the Apache Attack Helicopter.  (AP Photo/Sgt Russ Nolan RLC/MoD)

    Britain's defense ministry says Prince Harry has qualified as an Apache attack helicopter pilot, graduating as the best co-pilot gunner in his class after 18 months of training.

More

Sports News

Yahoo! Reuters Headlines-Sports:

  • Roger Federer
    Federer rules out Hingis Olympic mixed doubles AFP - 27 mins ago

    Roger Federer is looking forward to the "once in a lifetime" opportunity to play in the Olympic Games at Wimbledon in August but revealed he won't be doing so with Martina Hingis. More »Federer rules out Hingis Olympic mixed doubles

    Roger Federer

    Roger Federer is looking forward to the "once in a lifetime" opportunity to play in the Olympic Games at Wimbledon in August but revealed he won't be doing so with Martina Hingis.

  • Tottenham Hotspur coach Harry Redknapp smiles during news conference at San Siro stadium in Milan
    Everyone but Redknapp thinking of England job Reuters - 1 hr 12 mins ago

    (Reuters) - Harry Redknapp was paying no attention to the vacant England manager's job on Thursday even though fans, pundits and players believe he is the hot favourite to replace Fabio Capello. Instead, … More »Everyone but Redknapp thinking of England job

    Tottenham Hotspur coach Harry Redknapp smiles during news conference at San Siro stadium in Milan

    (Reuters) - Harry Redknapp was paying no attention to the vacant England manager's job on Thursday even though fans, pundits and players believe he is the hot favourite to replace Fabio Capello. Instead, the Tottenham Hotspur boss was concentrating on his club duties as well as his relief that he had been cleared in court …

  • England's manager Capello reacts during a press conference at Wembley stadium in London
    Capello thanks England players and FA Reuters - 1 hr 21 mins ago

    LONDON (Reuters) - Fabio Capello issued a statement Thursday following his resignation as England manager Wednesday. "I would like to thank all players, staff and Football Association for the professionalism … More »Capello thanks England players and FA

    England's manager Capello reacts during a press conference at Wembley stadium in London

    LONDON (Reuters) - Fabio Capello issued a statement Thursday following his resignation as England manager Wednesday. "I would like to thank all players, staff and Football Association for the professionalism they have shown during my years as manager of the English National Team," the Italian said. "A very special thanks …

  • FILE - In this Aug. 28, 2011 file picture former German cycling star Jan Ullrich participates in the Oetztal marathon cycling race over the distance of 238 kilometers in Soelden, Austria.  Sport's highest court has banned 1997 Tour de France winner Jan Ullrich for two years for doping, and stripped him of his third-place finish behind Lance Armstrong in the 2005 race.  The Court of Arbitration for Sport ruled  Thursday Feb. 9, 2012 that the 38-year-old German, who retired in 2007, was connected to the Opeation Puerto probe in Spain. Ullrich is banned hfrom cycling through August 2013. However, CAS rejected the International Cycling Union's request to impose a life ban and disqualify all Ullrich's results since May 2002. CAS said Ullrich's six-month ban for using amphetamines out-of-competition in 2002 should not be classed as a doping offense. A second offense can trigger a life ban.  (AP Photo/dapd, Kerstin Joensson, file)
    CAS bans 1997 Tour winner Jan Ullrich for 2 years AP - 1 hr 41 mins ago

    Sport's highest court banned 1997 Tour de France winner Jan Ullrich for two years on Thursday and stripped him of his third-place finish in the 2005 race for blood doping. More »CAS bans 1997 Tour winner Jan Ullrich for 2 years

    FILE - In this Aug. 28, 2011 file picture former German cycling star Jan Ullrich participates in the Oetztal marathon cycling race over the distance of 238 kilometers in Soelden, Austria.  Sport's highest court has banned 1997 Tour de France winner Jan Ullrich for two years for doping, and stripped him of his third-place finish behind Lance Armstrong in the 2005 race.  The Court of Arbitration for Sport ruled  Thursday Feb. 9, 2012 that the 38-year-old German, who retired in 2007, was connected to the Opeation Puerto probe in Spain. Ullrich is banned hfrom cycling through August 2013. However, CAS rejected the International Cycling Union's request to impose a life ban and disqualify all Ullrich's results since May 2002. CAS said Ullrich's six-month ban for using amphetamines out-of-competition in 2002 should not be classed as a doping offense. A second offense can trigger a life ban.  (AP Photo/dapd, Kerstin Joensson, file)

    Sport's highest court banned 1997 Tour de France winner Jan Ullrich for two years on Thursday and stripped him of his third-place finish in the 2005 race for blood doping.

  • Martin Jakubko
    Amkar Perm sign Slovak Jakubko AFP - 1 hr 49 mins ago

    Russian Premier League side Amkar Perm confirmed Thursday they have signed former Slovakian international forward Martin Jakubko from Slovak club Ducla on an 18-month deal. More »Amkar Perm sign Slovak Jakubko

    Martin Jakubko

    Russian Premier League side Amkar Perm confirmed Thursday they have signed former Slovakian international forward Martin Jakubko from Slovak club Ducla on an 18-month deal.

  • Luciano Spalletti
    Spalletti commits to Zenit AFP - 1 hr 51 mins ago

    Italian coach Luciano Spalletti on Thursday extended his contract with reigning Russian champions Zenit St Petersburg until June 2015. More »Spalletti commits to Zenit

    Luciano Spalletti

    Italian coach Luciano Spalletti on Thursday extended his contract with reigning Russian champions Zenit St Petersburg until June 2015.

  • The Miyagi stadium at Sendai city
    Quake-hit stadium could host women's U-20 matches AFP - 1 hr 53 mins ago

    A stadium, hit by a massive earthquake last March, is one of candidate venues for the under-20 women's football World Cup to be hosted by Japan this summer, the country's football chief said Thursday. More »Quake-hit stadium could host women's U-20 matches

    The Miyagi stadium at Sendai city

    A stadium, hit by a massive earthquake last March, is one of candidate venues for the under-20 women's football World Cup to be hosted by Japan this summer, the country's football chief said Thursday.

  • Holger Stanislawski
    Stanislawski sacked as Hoffenheim coach AFP - 1 hr 55 mins ago

    Struggling Bundesliga side Hoffenheim on Thursday sacked coach Holger Stanislawski after their German Cup exit midweek to second division club Gruether Fuerth. More »Stanislawski sacked as Hoffenheim coach

    Holger Stanislawski

    Struggling Bundesliga side Hoffenheim on Thursday sacked coach Holger Stanislawski after their German Cup exit midweek to second division club Gruether Fuerth.

  • Xherdan Shaqiri
    Bayern sign Swiss star Shaqiri AFP - 2 hrs 13 mins ago

    FC Basel's Swiss international midfielder Xherdan Shaqiri has signed a four-year deal for Bayern Munich from next July, the Bundesliga club announced on Monday. More »Bayern sign Swiss star Shaqiri

    Xherdan Shaqiri

    FC Basel's Swiss international midfielder Xherdan Shaqiri has signed a four-year deal for Bayern Munich from next July, the Bundesliga club announced on Monday.

  • Tottenham Hotspur soccer manager Harry Redknapp speaks to members of the media as he leaves Southwark Crown Court in London
    Redknapp faces big decision over England: Spurs director Reuters - 2 hrs 21 mins ago

    (Reuters) - Talk of Harry Redknapp leaving Tottenham Hotspur to succeed Fabio Capello as England soccer boss is premature but the manager could have a big decision to make, one of his club's directors … More »Redknapp faces big decision over England: Spurs director

    Tottenham Hotspur soccer manager Harry Redknapp speaks to members of the media as he leaves Southwark Crown Court in London

    (Reuters) - Talk of Harry Redknapp leaving Tottenham Hotspur to succeed Fabio Capello as England soccer boss is premature but the manager could have a big decision to make, one of his club's directors said on Thursday.

  • Cabrera-bello of Spain tees off on the ninth hole during the Dubai Desert Classic golf tournament in Dubai
    Cabrera-Bello makes scorching start to lead Dubai Classic Reuters - 2 hrs 23 mins ago

    DUBAI (Reuters) - Rafael Cabrera-Bello was the early pace-setter in the first round of the Dubai Desert Classic golf Thursday, ending on nine under par after sinking seven birdies in his opening nine holes. … More »Cabrera-Bello makes scorching start to lead Dubai Classic

    Cabrera-bello of Spain tees off on the ninth hole during the Dubai Desert Classic golf tournament in Dubai

    DUBAI (Reuters) - Rafael Cabrera-Bello was the early pace-setter in the first round of the Dubai Desert Classic golf Thursday, ending on nine under par after sinking seven birdies in his opening nine holes. Tournament favorite Rory McIlroy was on par after three holes, while world number two Lee Westwood finished on three …

  • Mardan Mamat
    Six share lead in Philippines golf AFP - 2 hrs 25 mins ago

    Unheralded Lu Tze-shyan from Taiwan was the unlikeliest of names to join a leaderboard logjam after the first round of the $300,000 ICTSI Philippine Open on Thursday. More »Six share lead in Philippines golf

    Mardan Mamat

    Unheralded Lu Tze-shyan from Taiwan was the unlikeliest of names to join a leaderboard logjam after the first round of the $300,000 ICTSI Philippine Open on Thursday.

  • Brendon McCullum hits a ball
    New Zealand beat Zimbabwe in cricket one-dayer AFP - 2 hrs 33 mins ago

    New Zealand crushed Zimbabwe by 202 runs in the final one-day international in Napier on Thursday to complete a 3-0 series whitewash over the out-classed tourists. More »New Zealand beat Zimbabwe in cricket one-dayer

    Brendon McCullum hits a ball

    New Zealand crushed Zimbabwe by 202 runs in the final one-day international in Napier on Thursday to complete a 3-0 series whitewash over the out-classed tourists.

  • Switzerland's Didier Cuche skis past during the first training of the Men's World Cup Downhill in the Rosa Khutor Resort
    Training on Olympic downhill course cancelled AFP - 2 hrs 36 mins ago

    Poor visibility at the venue which will host the 2014 Olympics forced the cancellation of a second training session for the men's World Cup downhill here Thursday. More »Training on Olympic downhill course cancelled

    Switzerland's Didier Cuche skis past during the first training of the Men's World Cup Downhill in the Rosa Khutor Resort

    Poor visibility at the venue which will host the 2014 Olympics forced the cancellation of a second training session for the men's World Cup downhill here Thursday.

  • In this image released by NBC, composer Ludovic Bource accepts the award for Best Original Score for a Motion Picture for "The Artist"  during the 69th Annual Golden Globe Awards on Sunday, Jan. 15, 2012 in Los Angeles. (AP Photo/NBC, Paul Drinkwater)
    AP NewsAlert AP - 2 hrs 44 mins ago

    AP source: Obama to announce first 10 states free to waive No Child Left Behind requirements More »AP NewsAlert

    In this image released by NBC, composer Ludovic Bource accepts the award for Best Original Score for a Motion Picture for "The Artist"  during the 69th Annual Golden Globe Awards on Sunday, Jan. 15, 2012 in Los Angeles. (AP Photo/NBC, Paul Drinkwater)

    AP source: Obama to announce first 10 states free to waive No Child Left Behind requirements

  • Handout of the Virginia-class attack submarine USS Texas moored alongside the submarine tender USS Emory S. Land in Subic Bay
    Exclusive: U.S. military seeks more access in Philippines Reuters - 3 hrs ago

    MANILA (Reuters) - The United States is seeking more access to Philippines ports and airfields to re-fuel and service its warships and planes, diplomatic and military sources said on Thursday, expanding … More »Exclusive: U.S. military seeks more access in Philippines

    Handout of the Virginia-class attack submarine USS Texas moored alongside the submarine tender USS Emory S. Land in Subic Bay

    MANILA (Reuters) - The United States is seeking more access to Philippines ports and airfields to re-fuel and service its warships and planes, diplomatic and military sources said on Thursday, expanding its presence at a time of tension with China in the South China Sea. But it is not trying to reopen military bases there. …

  • Cabrera-bello of Spain tees off on the ninth hole during the Dubai Desert Classic golf tournament in Dubai
    Cabrera-Bello makes scorching start to lead Dubai Classic Reuters - 3 hrs ago

    DUBAI (Reuters) - Rafael Cabrera-Bello was the early pace-setter in the first round of the Dubai Desert Classic golf on Thursday, ending on nine under par after sinking seven birdies in his opening nine … More »Cabrera-Bello makes scorching start to lead Dubai Classic

    Cabrera-bello of Spain tees off on the ninth hole during the Dubai Desert Classic golf tournament in Dubai

    DUBAI (Reuters) - Rafael Cabrera-Bello was the early pace-setter in the first round of the Dubai Desert Classic golf on Thursday, ending on nine under par after sinking seven birdies in his opening nine holes. Tournament favourite Rory McIlroy was on par after three holes, while world number two Lee Westwood finished on …

  • England player Owen Farrell follows Chris Robshaw (right) during a training session at the Surrey Sports Park
    England unchanged for Italy in Six Nations AFP - 3 hrs ago

    England interim coach Stuart Lancaster named an unchanged 22 on Thursday for the Six Nations Championship match away to Italy in Rome on Saturday. More »England unchanged for Italy in Six Nations

    England player Owen Farrell follows Chris Robshaw (right) during a training session at the Surrey Sports Park

    England interim coach Stuart Lancaster named an unchanged 22 on Thursday for the Six Nations Championship match away to Italy in Rome on Saturday.

  • Dimitri Yachvili
    Yachvili out of France rugby game against Ireland AFP - 3 hrs ago

    Dimitri Yachvili has been ruled out of France's Six Nations match against Ireland on Saturday, his place at scrum-half being taken by Clermont's Morgan Parra. More »Yachvili out of France rugby game against Ireland

    Dimitri Yachvili

    Dimitri Yachvili has been ruled out of France's Six Nations match against Ireland on Saturday, his place at scrum-half being taken by Clermont's Morgan Parra.

  • Ivan Dodig
    Croatia to play Japan in Davis Cup tie AFP - 4 hrs ago

    Croatia will field a relatively inexperienced team when they take on Japan in the first round of the Davis Cup tennis World Group this weekend. More »Croatia to play Japan in Davis Cup tie

    Ivan Dodig

    Croatia will field a relatively inexperienced team when they take on Japan in the first round of the Davis Cup tennis World Group this weekend.

  • George Huguely V, arrives at the Charlottesville Circuit courthouse for the start of his trial in Charlottesville, Va, Wednesday, Feb. 8, 2012.  Huguely, is charged with the murder of fellow University of Virginia senior Yeardley Love. (AP Photo/Steve Helber)
    Day 2 of testimony in Va. lacrosse player's trial AP - 4 hrs ago

    Prosecutors will continue their case Thursday in the trial of a former University of Virginia lacrosse player accused of killing his ex-girlfriend. More »Day 2 of testimony in Va. lacrosse player's trial

    George Huguely V, arrives at the Charlottesville Circuit courthouse for the start of his trial in Charlottesville, Va, Wednesday, Feb. 8, 2012.  Huguely, is charged with the murder of fellow University of Virginia senior Yeardley Love. (AP Photo/Steve Helber)

    Prosecutors will continue their case Thursday in the trial of a former University of Virginia lacrosse player accused of killing his ex-girlfriend.

  • Celtic's Scott Brown celebrates scoring
    Thirteen proves lucky for Celtic AFP - 5 hrs ago

    Celtic opened up a four point gap over rivals Rangers at the top of the Scottish Premier League on Wednesday with a clinical display in a 4-0 thrashing of Hearts at Tynecastle. More »Thirteen proves lucky for Celtic

    Celtic's Scott Brown celebrates scoring

    Celtic opened up a four point gap over rivals Rangers at the top of the Scottish Premier League on Wednesday with a clinical display in a 4-0 thrashing of Hearts at Tynecastle.

  • New Zealand's Taylor plays a shot as Zimbabwe's Sibanda watches during the fourth day of their test cricket match in Bulawayo
    McCullum ton powers New Zealand past Zimbabwe Reuters - 5 hrs ago

    (Reuters) - Captain Brendan McCullum smashed his fourth one-day international century off 79 balls as New Zealand completed a sweep of their three-match series against Zimbabwe with a 202-run victory at … More »McCullum ton powers New Zealand past Zimbabwe

    New Zealand's Taylor plays a shot as Zimbabwe's Sibanda watches during the fourth day of their test cricket match in Bulawayo

    (Reuters) - Captain Brendan McCullum smashed his fourth one-day international century off 79 balls as New Zealand completed a sweep of their three-match series against Zimbabwe with a 202-run victory at McLean Park in Napier on Thursday. McCullum capitalised on being dropped by Regis Chakabva while on 48 to guide New Zealand …

  • The 62nd All-Star exhibition will be played on Sunday, February 17, 2013 at the Houston Rockets' Toyota Center arena
    Houston to host 2013 NBA All-Star game AFP - 5 hrs ago

    Houston will host the 2013 All-Star game, the third time the Texas city has staged the NBA's mid-season showcase. More »Houston to host 2013 NBA All-Star game

    The 62nd All-Star exhibition will be played on Sunday, February 17, 2013 at the Houston Rockets' Toyota Center arena

    Houston will host the 2013 All-Star game, the third time the Texas city has staged the NBA's mid-season showcase.

  • Tiger Woods, front right, walks with his coach, Sean Foley, front left, up to the 10th green of the Monterey Peninsula Country Club shore course during a practice round at the Pebble Beach National Pro-Am golf tournament in Pebble Beach, Calif., Wednesday, Feb. 8, 2012. (AP Photo/Eric Risberg)
    Harrington trying to return to the elite AP - 5 hrs ago

    Padraig Harrington has been coming to the Pebble Beach National Pro-Am for a half-dozen years, for reasons that cause some players to stay away. More »Harrington trying to return to the elite

    Tiger Woods, front right, walks with his coach, Sean Foley, front left, up to the 10th green of the Monterey Peninsula Country Club shore course during a practice round at the Pebble Beach National Pro-Am golf tournament in Pebble Beach, Calif., Wednesday, Feb. 8, 2012. (AP Photo/Eric Risberg)

    Padraig Harrington has been coming to the Pebble Beach National Pro-Am for a half-dozen years, for reasons that cause some players to stay away.

Business News

Yahoo! Reuters Headlines-Business:

  • The ECB headquarters is pictured in Frankfurt
    ECB holds rates, facing grilling on Greece Reuters - 54 mins ago

    FRANKFURT (Reuters) - The European Central Bank left interest rates unchanged on Thursday and financial markets' attention will now shift to whether the bank is ready … More »ECB holds rates, facing grilling on Greece

    The ECB headquarters is pictured in Frankfurt

    FRANKFURT (Reuters) - The European Central Bank left interest rates unchanged on Thursday and financial markets' attention will now shift to whether the bank is ready to help Greece avoid a messy default. The ECB left its main interest rate on hold at 1.0 percent, adopting a 'wait-and-see' mode after some recent promising …

  • Bottles of Pepsi cola on display at PepsiCo's 2010 Investor Meeting event in New York
    PepsiCo to cut 8,700 jobs, invest in brands Reuters - 17 mins ago

    (Reuters) - PepsiCo Inc expects to cut 8,700 jobs as part of a plan to save an extra $1.5 billion over the next three years, as it pours more money into its brands. Its … More »PepsiCo to cut 8,700 jobs, invest in brands

    Bottles of Pepsi cola on display at PepsiCo's 2010 Investor Meeting event in New York

    (Reuters) - PepsiCo Inc expects to cut 8,700 jobs as part of a plan to save an extra $1.5 billion over the next three years, as it pours more money into its brands. Its shares fell 1.1 percent to $66 in premarket trading from Wednesday's close of $66.74 on the New York Stock exchange. PepsiCo, maker of Sierra Mist soda, …

  • Bank of England pumps more cash into economy to support recovery Reuters - 28 mins ago

    LONDON (Reuters) - The Bank of England voted to inject more cash into the economy to shore up a fragile recovery and shield the country from fallout from the unresolved … More »Bank of England pumps more cash into economy to support recovery

    LONDON (Reuters) - The Bank of England voted to inject more cash into the economy to shore up a fragile recovery and shield the country from fallout from the unresolved euro zone debt crisis. The central bank said on Thursday it would buy another 50 billion pounds of assets - mostly government bonds - with freshly printed …

  • Oracle to buy Taleo for $1.9 billion Reuters - 20 mins ago

    (Reuters) - Oracle Corp said it will buy recruitment software maker Taleo Corp for about $1.9 billion, as it expands its portfolio of cloud-based software. The deal value … More »Oracle to buy Taleo for $1.9 billion

    (Reuters) - Oracle Corp said it will buy recruitment software maker Taleo Corp for about $1.9 billion, as it expands its portfolio of cloud-based software. The deal value of $46 a share offers an 18 percent premium to Taleo's Thursday close. The transaction is expected to close mid 2012. (Reporting by Sayantani Ghosh in …

  • A man walks near a Thomson Reuters logo at the Thomson Reuters building in Canary Wharf in east London
    Thomson Reuters posts loss, $3 billion goodwill charge Reuters - 44 mins ago

    NEW YORK (Reuters) - Thomson Reuters Corp reported a fourth-quarter loss on Thursday after taking a $3 billion non-cash goodwill impairment charge to account for the … More »Thomson Reuters posts loss, $3 billion goodwill charge

    A man walks near a Thomson Reuters logo at the Thomson Reuters building in Canary Wharf in east London

    NEW YORK (Reuters) - Thomson Reuters Corp reported a fourth-quarter loss on Thursday after taking a $3 billion non-cash goodwill impairment charge to account for the decline in its financial services business. The company gave no details about the charge, which helped push its fourth-quarter results into a loss attributable …

  • A Credit Suisse logo is seen on a Credit Suisse office building in Guemligen
    Credit Suisse slumps to Q4 loss Reuters - 23 mins ago

    ZURICH (Reuters) - Credit Suisse posted a surprise fourth-quarter net loss as business at its investment bank slumped and it took almost 1 billion Swiss francs ($1.1 … More »Credit Suisse slumps to Q4 loss

    A Credit Suisse logo is seen on a Credit Suisse office building in Guemligen

    ZURICH (Reuters) - Credit Suisse posted a surprise fourth-quarter net loss as business at its investment bank slumped and it took almost 1 billion Swiss francs ($1.1 billion) of charges for slashing costs and risky assets to meet tough new capital rules. "Our performance for the fourth quarter 2011 was disappointing," said …

  • Big media buy back shares with cable TV cash Reuters - 41 mins ago

    (Reuters) - Big U.S. media companies bought back record amounts of their own shares in the last year, with cash generated by cable television networks that drew strong … More »Big media buy back shares with cable TV cash

    (Reuters) - Big U.S. media companies bought back record amounts of their own shares in the last year, with cash generated by cable television networks that drew strong viewership and advertising dollars despite the economic uncertainty. News Corp was the latest media conglomerate to top Wall Street's profit forecasts after …

  • This Feb. 7, 2012 photo, shows cans Diet Pepsi Wild Cherry at a store in Pittsburgh. PepsiCo said Thursday, Feb. 9, 2012, it will cut 8.700 jobs in a cost-cutting move as it increases investment in advertising and marketing in North America. (AP Photo/Gene J. Puskar)
    Pepsico to cut 8,700 jobs; 4Q net rises AP - 19 mins ago

    PepsiCo plans to cut 8,700 jobs, or about 3 percent of its workforce, as it seeks to offset high commodity costs and increases investment in advertising and marketing … More »Pepsico to cut 8,700 jobs; 4Q net rises

    This Feb. 7, 2012 photo, shows cans Diet Pepsi Wild Cherry at a store in Pittsburgh. PepsiCo said Thursday, Feb. 9, 2012, it will cut 8.700 jobs in a cost-cutting move as it increases investment in advertising and marketing in North America. (AP Photo/Gene J. Puskar)

    PepsiCo plans to cut 8,700 jobs, or about 3 percent of its workforce, as it seeks to offset high commodity costs and increases investment in advertising and marketing in North America.

  • Socialist Leader George Papandreou leaves the Prime minister's office early  Thursday, Feb. 9, 2012. Leaders of the three parties backing Greece's coalition governments have objected to demands by Greece's creditors for substantial cuts in supplementary pensions and have left Prime Minister Lucas Papademos to negotiate with them. (AP Photo/Petros Giannakouris)
    Greece debt talks fail to reach full deal AP - 1 hr 40 mins ago

    Greece's crucial euro130 billion ($173 billion) bailout was in limbo Thursday, after political leaders failed to accept the entire batch of new austerity measures that … More »Greece debt talks fail to reach full deal

    Socialist Leader George Papandreou leaves the Prime minister's office early  Thursday, Feb. 9, 2012. Leaders of the three parties backing Greece's coalition governments have objected to demands by Greece's creditors for substantial cuts in supplementary pensions and have left Prime Minister Lucas Papademos to negotiate with them. (AP Photo/Petros Giannakouris)

    Greece's crucial euro130 billion ($173 billion) bailout was in limbo Thursday, after political leaders failed to accept the entire batch of new austerity measures that are demanded by creditors but have fueled outrage in the recession-hit country.

  • ECB leaves key rate unchanged at 1 pct AP - 50 mins ago

    The European Central Bank left its benchmark interest rate unchanged at a record low 1 percent on Thursday while it waits to see whether the economy needs more help as … More »ECB leaves key rate unchanged at 1 pct

    The European Central Bank left its benchmark interest rate unchanged at a record low 1 percent on Thursday while it waits to see whether the economy needs more help as the 17 countries that use the euro struggle with a debt crisis and likely recession.

  • Bank of England backs another stimulus AP - 59 mins ago

    The Bank of England is to inject another 50 billion pounds ($79 billion) into the British economy, which contracted in the last three months of 2011 and is likely to … More »Bank of England backs another stimulus

    The Bank of England is to inject another 50 billion pounds ($79 billion) into the British economy, which contracted in the last three months of 2011 and is likely to face further difficulties as Europe struggles to contain its raging debt crisis.

  • A currency trader reacts near the Korea Composite Stock Price Index (Kospi), at the foreign exchange dealing room of the Korea Exchange Bank headquarters in Seoul, South Korea, Thursday, Feb. 9, 2012. South Korea's Kospi rose 0.54 percent, or 10.89 points, to close at 2,014.62. (AP Photo/ Lee Jin-man)
    Markets remain optimistic over Greek deal AP - 42 mins ago

    Markets remained optimistic Thursday that Greece will secure its next bailout despite an 11th hour snag that has delayed the signing off of another batch of austerity … More »Markets remain optimistic over Greek deal

    A currency trader reacts near the Korea Composite Stock Price Index (Kospi), at the foreign exchange dealing room of the Korea Exchange Bank headquarters in Seoul, South Korea, Thursday, Feb. 9, 2012. South Korea's Kospi rose 0.54 percent, or 10.89 points, to close at 2,014.62. (AP Photo/ Lee Jin-man)

    Markets remained optimistic Thursday that Greece will secure its next bailout despite an 11th hour snag that has delayed the signing off of another batch of austerity measures.

  • US jobs gap between young and old is widest ever AP - 1 hr 18 mins ago

    Squeezed by a tight job market, young Americans are especially struggling. They have suffered bigger income losses than other age groups and are less likely to be employed … More »US jobs gap between young and old is widest ever

    Squeezed by a tight job market, young Americans are especially struggling. They have suffered bigger income losses than other age groups and are less likely to be employed than at any time since World War II.

  • In this Feb. 8, 2012 photo, trader Gregory Rowe, left, works on the floor of the New York Stock Exchange. Markets remained optimistic Thursday, Feb. 9, 2012, that Greece will secure its next bailout despite an 11th hour snag that has delayed the signing off of another batch of austerity measures. (AP Photo/Richard Drew)
    Stock futures fall as Greece fails to OK all cuts AP - 54 mins ago

    U.S. stock futures are falling after Greek leaders failed to accept the entire batch of new austerity measures demanded by creditors, leaving its bailout in limbo. More »Stock futures fall as Greece fails to OK all cuts

    In this Feb. 8, 2012 photo, trader Gregory Rowe, left, works on the floor of the New York Stock Exchange. Markets remained optimistic Thursday, Feb. 9, 2012, that Greece will secure its next bailout despite an 11th hour snag that has delayed the signing off of another batch of austerity measures. (AP Photo/Richard Drew)

    U.S. stock futures are falling after Greek leaders failed to accept the entire batch of new austerity measures demanded by creditors, leaving its bailout in limbo.

  • Oil near $99 as investors eye Greece, US demand AP - 1 hr 22 mins ago

    Oil prices rose slightly above $99 a barrel on Thursday, supported by investors' faith in a bailout deal for Greece even as U.S. crude demand lagged behind the overall … More »Oil near $99 as investors eye Greece, US demand

    Oil prices rose slightly above $99 a barrel on Thursday, supported by investors' faith in a bailout deal for Greece even as U.S. crude demand lagged behind the overall improvement in the world's biggest economy.

  • Tassimo coffee makers recalled over burn risk AP - 1 hr 20 mins ago

    Home-brewed coffee lovers, take note: More than a million coffee makers are being recalled after dozens of reports of the brewers spraying hot liquid, coffee grounds … More »Tassimo coffee makers recalled over burn risk

    Home-brewed coffee lovers, take note: More than a million coffee makers are being recalled after dozens of reports of the brewers spraying hot liquid, coffee grounds or tea leaves onto people.

  • A security guard stands in front of a hamburger advertisement outside a fast food restaurant in Beijing, China, Thursday, Feb. 9, 2012. China's inflation rebounded in January as food prices soared, renewing pressure on the communist government to control surging living costs while it tries to boost slowing economic growth. (AP Photo/Alexander F. Yuan)
    China's inflation rebounds in January to 4.5 pct AP - 7 hrs ago

    China's inflation rebounded in January as food prices soared, renewing pressure on Beijing to control living costs as it tries to boost slowing growth amid warnings of … More »China's inflation rebounds in January to 4.5 pct

    A security guard stands in front of a hamburger advertisement outside a fast food restaurant in Beijing, China, Thursday, Feb. 9, 2012. China's inflation rebounded in January as food prices soared, renewing pressure on the communist government to control surging living costs while it tries to boost slowing economic growth. (AP Photo/Alexander F. Yuan)

    China's inflation rebounded in January as food prices soared, renewing pressure on Beijing to control living costs as it tries to boost slowing growth amid warnings of a looming global downturn.

  • Unemployment aid applications near a 4-year low AP - 2 mins 7 secs ago

    The number of people seeking unemployment aid neared a four-year low last week, an encouraging sign that strong hiring could continue in the coming months. More »Unemployment aid applications near a 4-year low

    The number of people seeking unemployment aid neared a four-year low last week, an encouraging sign that strong hiring could continue in the coming months.

  • A currency trader reacts near the Korea Composite Stock Price Index (Kospi), at the foreign exchange dealing room of the Korea Exchange Bank headquarters in Seoul, South Korea, Thursday, Feb. 9, 2012. South Korea's Kospi rose 0.54 percent, or 10.89 points, to close at 2,014.62. (AP Photo/ Lee Jin-man)
    Markets buoyed by Greek deal hopes AP - 7 mins ago

    Stock markets pushed higher and the euro struck a two-month high against the dollar Thursday on rising speculation Greece was ready to sign off on an austerity deal to … More »Markets buoyed by Greek deal hopes

    A currency trader reacts near the Korea Composite Stock Price Index (Kospi), at the foreign exchange dealing room of the Korea Exchange Bank headquarters in Seoul, South Korea, Thursday, Feb. 9, 2012. South Korea's Kospi rose 0.54 percent, or 10.89 points, to close at 2,014.62. (AP Photo/ Lee Jin-man)

    Stock markets pushed higher and the euro struck a two-month high against the dollar Thursday on rising speculation Greece was ready to sign off on an austerity deal to secure its next bailout.

  • Growth in Canadian new home prices slows in December Reuters - 8 mins ago

    OTTAWA (Reuters) - The pace of growth in new home prices in Canada slowed in December to 0.1 percent compared with 0.3 percent in November, Statistics Canada said on … More »Growth in Canadian new home prices slows in December

    OTTAWA (Reuters) - The pace of growth in new home prices in Canada slowed in December to 0.1 percent compared with 0.3 percent in November, Statistics Canada said on Thursday in another sign the hot housing market may be cooling. Markets had expected a 0.2 percent price gain in the month, according to the median forecast …

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