Aaron's Daily WWW Newspaper

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This edition was generated on Tue Feb 21 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

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Business News

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  • Nackaerts of the IAEA checks in for a flight to Iran at the airport in Vienna
    Top U.N. inspectors in Iran talks on atom bomb accusations Reuters - 20 hrs ago

    TEHRAN (Reuters) - Senior U.N. inspectors arrived in Iran on Monday to push for transparency about its disputed nuclear program and several European states halted purchases … More »Top U.N. inspectors in Iran talks on atom bomb accusations

    Nackaerts of the IAEA checks in for a flight to Iran at the airport in Vienna

    TEHRAN (Reuters) - Senior U.N. inspectors arrived in Iran on Monday to push for transparency about its disputed nuclear program and several European states halted purchases of Iranian oil as part of Western moves to pile pressure on a defiant Tehran. Iran denies Western accusations that it is covertly seeking the means …

  • Woman cycles past apartment complex where head of Olympus's medical equipment business in India Omori was found dead in Gurgaon
    Olympus executive in India found dead in apparent Reuters - 2 hrs 24 mins ago

    NEW DELHI (Reuters) - A top executive of Japan's scandal-ridden Olympus Corp was found hung to death outside his apartment in suburban Delhi in a likely suicide, police … More »Olympus executive in India found dead in apparent

    Woman cycles past apartment complex where head of Olympus's medical equipment business in India Omori was found dead in Gurgaon

    NEW DELHI (Reuters) - A top executive of Japan's scandal-ridden Olympus Corp was found hung to death outside his apartment in suburban Delhi in a likely suicide, police said on Tuesday. Tsutomu Omori, 49, head of the company's medical equipment business in India, appeared to have killed himself late Sunday, Lal Singh, investigating …

  • A woman raises a Greek flag during an anti-austerity rally in front of the parliament in Athens
    Second Greek bailout in reach, funding gap narrows Reuters - 14 hrs ago

    BRUSSELS (Reuters) - Euro zone finance ministers inched towards approving a second bailout for debt-laden Greece on Monday that would resolve Athens' immediate repayment … More »Second Greek bailout in reach, funding gap narrows

    A woman raises a Greek flag during an anti-austerity rally in front of the parliament in Athens

    BRUSSELS (Reuters) - Euro zone finance ministers inched towards approving a second bailout for debt-laden Greece on Monday that would resolve Athens' immediate repayment needs but seems unlikely to revive the nation's shattered economy. Agreement on a 130-billion-euro rescue package with strict conditions would draw a line …

  • Chancellor of the Exchequer, George Osborne, leaves the Treasury with the Chief Secretary to the Treasury Danny Alexander in central London
    UK on track to beat borrowing goal after January surplus Reuters - 2 hrs 12 mins ago

    LONDON (Reuters) - Britain's public finances posted their biggest monthly surplus in four years in January, helped by a drop in local government spending and a modest … More »UK on track to beat borrowing goal after January surplus

    Chancellor of the Exchequer, George Osborne, leaves the Treasury with the Chief Secretary to the Treasury Danny Alexander in central London

    LONDON (Reuters) - Britain's public finances posted their biggest monthly surplus in four years in January, helped by a drop in local government spending and a modest rise in tax receipts, and suggesting government borrowing may be less than expected this fiscal year. The figures will provide relief to Chancellor George …

  • In this Dec. 16, 2011 photo, crew member Arthur Hong holds a clapboard while filming holiday movie trailers at the Maker Studios in Culver City, Calif. The $100 million investment by YouTube in 96 new channels starting in October has sparked a flurry of activity in Hollywood's independent producer community. At companies like Maker Studios, which received money for three new channels, the funds have turbo-charged an already teeming operation. (AP Photo/Jae C. Hong)
    YouTube enlists big-name help to redefine channels AP - 12 hrs ago

    YouTube is enlisting Hollywood's help to reach a generation of viewers more familiar with smartphones than TV remotes. More »YouTube enlists big-name help to redefine channels

    In this Dec. 16, 2011 photo, crew member Arthur Hong holds a clapboard while filming holiday movie trailers at the Maker Studios in Culver City, Calif. The $100 million investment by YouTube in 96 new channels starting in October has sparked a flurry of activity in Hollywood's independent producer community. At companies like Maker Studios, which received money for three new channels, the funds have turbo-charged an already teeming operation. (AP Photo/Jae C. Hong)

    YouTube is enlisting Hollywood's help to reach a generation of viewers more familiar with smartphones than TV remotes.

  • An illustration picture shows a one Euro coin being melted by a smith in Skopje
    U.S. official "optimistic" on global accounting move Reuters - 22 hrs ago

    LONDON (Reuters) - A senior U.S. regulator was "optimistic" on Monday about finding a framework for the world's top economy to use global book keeping rules for investors … More »U.S. official "optimistic" on global accounting move

    An illustration picture shows a one Euro coin being melted by a smith in Skopje

    LONDON (Reuters) - A senior U.S. regulator was "optimistic" on Monday about finding a framework for the world's top economy to use global book keeping rules for investors to compare cross-border companies. "We are hopeful we can put forward a model," James Kroeker, chief accountant at the U.S. Securities and Exchange Commission …

  • Graphic shows the daily price of crude oil over the past two years
    Oil jumps to 9-month high after Iran cuts supply AP - 17 hrs ago

    Oil prices jumped to a nine-month high above $105 a barrel on Monday after Iran said it halted crude exports to Britain and France in an escalation of a dispute over … More »Oil jumps to 9-month high after Iran cuts supply

    Graphic shows the daily price of crude oil over the past two years

    Oil prices jumped to a nine-month high above $105 a barrel on Monday after Iran said it halted crude exports to Britain and France in an escalation of a dispute over the Middle Eastern country's nuclear program.

  • Spain sending military planes to retrieve treasure AP - 19 hrs ago

    Spain said Monday it will soon send hulking military transport planes to Florida to retrieve 17 tons of treasure that U.S. undersea explorers found but ultimately lost … More »Spain sending military planes to retrieve treasure

    Spain said Monday it will soon send hulking military transport planes to Florida to retrieve 17 tons of treasure that U.S. undersea explorers found but ultimately lost in American courts, a find experts have speculated could be the richest shipwreck treasure in history.

  • A Mardi Gras float is moved into position after heavy rains near the start of the Krewe of Endymion parade, which was postponed for an hour due to weather, in New Orleans on Saturday, Feb. 18, 2012. (AP Photo/Jonathan Bachman)
    For Mardi Gras float makers, next year is here AP - 7 hrs ago

    As Carnival builds toward its out-of-control crescendo of Fat Tuesday, Barry Kern and his team of float-builders and artists are already preparing for next year's pa … More »For Mardi Gras float makers, next year is here

    A Mardi Gras float is moved into position after heavy rains near the start of the Krewe of Endymion parade, which was postponed for an hour due to weather, in New Orleans on Saturday, Feb. 18, 2012. (AP Photo/Jonathan Bachman)

    As Carnival builds toward its out-of-control crescendo of Fat Tuesday, Barry Kern and his team of float-builders and artists are already preparing for next year's parades.

  • Iran says may cut oil to more European countries AP - 21 hrs ago

    Tehran is considering extending an oil embargo on France and Britain to other European countries, a semiofficial Iranian news agency reported Monday. More »Iran says may cut oil to more European countries

    Tehran is considering extending an oil embargo on France and Britain to other European countries, a semiofficial Iranian news agency reported Monday.

  • Greek Finance Minister Evangelos Venizelos, left, speaks with French Finance Minister Francois Baroin, center, and Luxembourg's Finance Minister Luc Frieden during a round table meeting of eurozone finance ministers at the EU Council building in Brussels on Monday, Feb. 20, 2012. Eurozone governments will likely approve on Monday a long-elusive rescue package for Greece, saving it from a potentially calamitous bankruptcy next month, senior officials said. But finance ministers meeting in Brussels will have a few last issues to wrangle over, such as tighter controls over Greece's spending and further cuts to the country's debt load. (AP Photo/Yves Logghe)
    Greece awaits bailout decision but issues remain AP - 15 hrs ago

    Eurozone governments hoped to sign off on Monday a long-awaited rescue package for Greece, saving it from a potentially calamitous bankruptcy next month, but several … More »Greece awaits bailout decision but issues remain

    Greek Finance Minister Evangelos Venizelos, left, speaks with French Finance Minister Francois Baroin, center, and Luxembourg's Finance Minister Luc Frieden during a round table meeting of eurozone finance ministers at the EU Council building in Brussels on Monday, Feb. 20, 2012. Eurozone governments will likely approve on Monday a long-elusive rescue package for Greece, saving it from a potentially calamitous bankruptcy next month, senior officials said. But finance ministers meeting in Brussels will have a few last issues to wrangle over, such as tighter controls over Greece's spending and further cuts to the country's debt load. (AP Photo/Yves Logghe)

    Eurozone governments hoped to sign off on Monday a long-awaited rescue package for Greece, saving it from a potentially calamitous bankruptcy next month, but several key points of division remained, senior officials said.

  • Greek Finance Minister Evangelos Venizelos, left, shakes hands with German Finance Minister Wolfgang Schaeuble during a round table meeting of eurozone finance ministers at the EU Council building in Brussels on Monday, Feb. 20, 2012. Eurozone governments will likely approve on Monday a long-elusive rescue package for Greece, saving it from a potentially calamitous bankruptcy next month, senior officials said. But finance ministers meeting in Brussels will have a few last issues to wrangle over, such as tighter controls over Greece's spending and further cuts to the country's debt load. (AP Photo/Yves Logghe)
    Source: Greece to get $170B bailout, reduce debt AP - 9 hrs ago

    After more than 12 hours of talks, the countries that use the euro reached an agreement early Tuesday to hand Greece €130 billion ($170 billion) in extra bailout loans … More »Source: Greece to get $170B bailout, reduce debt

    Greek Finance Minister Evangelos Venizelos, left, shakes hands with German Finance Minister Wolfgang Schaeuble during a round table meeting of eurozone finance ministers at the EU Council building in Brussels on Monday, Feb. 20, 2012. Eurozone governments will likely approve on Monday a long-elusive rescue package for Greece, saving it from a potentially calamitous bankruptcy next month, senior officials said. But finance ministers meeting in Brussels will have a few last issues to wrangle over, such as tighter controls over Greece's spending and further cuts to the country's debt load. (AP Photo/Yves Logghe)

    After more than 12 hours of talks, the countries that use the euro reached an agreement early Tuesday to hand Greece €130 billion ($170 billion) in extra bailout loans to save it from a potentially disastrous default next month, an European Union diplomat said.

  • The Wal-Mart logo is pictured on cash registers at a new store in Chicago
    Wal-Mart holiday profit just short of Street view Reuters - 36 mins ago

    (Reuters) - Wal-Mart Stores Inc's fourth-quarter profit came in just short of Wall Street's expectations, sending its shares down 2.6 percent, as it cut prices to win … More »Wal-Mart holiday profit just short of Street view

    The Wal-Mart logo is pictured on cash registers at a new store in Chicago

    (Reuters) - Wal-Mart Stores Inc's fourth-quarter profit came in just short of Wall Street's expectations, sending its shares down 2.6 percent, as it cut prices to win over U.S. shoppers during the holiday season. Walmart U.S., the biggest division of the world's largest retailer, has been lowering prices, bringing back …

  • Traders work on floor of New York Stock Exchange
    Stock futures up as Europe approves Greece deal Reuters - 35 mins ago

    NEW YORK (Reuters) - Stock index futures rose on Tuesday after euro zone finance ministers secured a deal that will enable Greece to avoid a March default. A deal on … More »Stock futures up as Europe approves Greece deal

    Traders work on floor of New York Stock Exchange

    NEW YORK (Reuters) - Stock index futures rose on Tuesday after euro zone finance ministers secured a deal that will enable Greece to avoid a March default. A deal on the 130 billion euro ($172.47 billion) bailout was reached after Greece was forced to accept unpopular fiscal measures, and private bondholders agreed to steeper …

  • Greek Finance Minister Evangelos Venizelos, left, shakes hands with German Finance Minister Wolfgang Schaeuble during a round table meeting of eurozone finance ministers at the EU Council building in Brussels on Monday, Feb. 20, 2012. Eurozone governments will likely approve on Monday a long-elusive rescue package for Greece, saving it from a potentially calamitous bankruptcy next month, senior officials said. But finance ministers meeting in Brussels will have a few last issues to wrangle over, such as tighter controls over Greece's spending and further cuts to the country's debt load. (AP Photo/Yves Logghe)
    EU ministers work through night on Greece bailout AP - 14 hrs ago

    Eurozone governments worked into the night on Monday, hoping to agree on a long-awaited rescue package for Greece that would save it from a potentially calamitous bankruptcy … More »EU ministers work through night on Greece bailout

    Greek Finance Minister Evangelos Venizelos, left, shakes hands with German Finance Minister Wolfgang Schaeuble during a round table meeting of eurozone finance ministers at the EU Council building in Brussels on Monday, Feb. 20, 2012. Eurozone governments will likely approve on Monday a long-elusive rescue package for Greece, saving it from a potentially calamitous bankruptcy next month, senior officials said. But finance ministers meeting in Brussels will have a few last issues to wrangle over, such as tighter controls over Greece's spending and further cuts to the country's debt load. (AP Photo/Yves Logghe)

    Eurozone governments worked into the night on Monday, hoping to agree on a long-awaited rescue package for Greece that would save it from a potentially calamitous bankruptcy next month, but several key points of division remained, senior officials said.

  • An Iranian man inserts his fuel smart card in the machine to fill his motorcycle at a petrol station in central Tehran
    Oil prices hit nine-month peaks after Iran halts exports AFP - 19 hrs ago

    Oil prices hit nine-month highs on Monday after Iran halted sales to France and Britain, and as China eased credit policy amid expectations of a bailout deal for Greece, … More »Oil prices hit nine-month peaks after Iran halts exports

    An Iranian man inserts his fuel smart card in the machine to fill his motorcycle at a petrol station in central Tehran

    Oil prices hit nine-month highs on Monday after Iran halted sales to France and Britain, and as China eased credit policy amid expectations of a bailout deal for Greece, analysts said.

  • Managing Director of the International Monetary Fund Christine Lagarde, left, speaks with Greek Prime Minister Lucas Papademos during a round table meeting of eurozone finance ministers at the EU Council building in Brussels on Monday, Feb. 20, 2012. Eurozone governments will likely approve on Monday a long-elusive rescue package for Greece, saving it from a potentially calamitous bankruptcy next month, senior officials said. But finance ministers meeting in Brussels will have a few last issues to wrangle over, such as tighter controls over Greece's spending and further cuts to the country's debt load. (AP Photo/Yves Logghe)
    Greece secures bailout to avoid debt default AP - 26 mins ago

    The countries that use the euro pulled Greece back from an imminent and potentially catastrophic default on Tuesday, when they finally stitched together a euro130 billion … More »Greece secures bailout to avoid debt default

    Managing Director of the International Monetary Fund Christine Lagarde, left, speaks with Greek Prime Minister Lucas Papademos during a round table meeting of eurozone finance ministers at the EU Council building in Brussels on Monday, Feb. 20, 2012. Eurozone governments will likely approve on Monday a long-elusive rescue package for Greece, saving it from a potentially calamitous bankruptcy next month, senior officials said. But finance ministers meeting in Brussels will have a few last issues to wrangle over, such as tighter controls over Greece's spending and further cuts to the country's debt load. (AP Photo/Yves Logghe)

    The countries that use the euro pulled Greece back from an imminent and potentially catastrophic default on Tuesday, when they finally stitched together a euro130 billion ($170 billion) rescue they hope will also provide a lifeline to their common currency.

  • "Once Upon a Time" on top; CBS takes night Reuters - 15 hrs ago

    LOS ANGELES (TheWrap.com) - CBS took an overall win on Sunday night, while ABC's "Once Upon a Time" took the night's top ratings slot and NBC's "Celebrity Apprentice" … More »"Once Upon a Time" on top; CBS takes night

    LOS ANGELES (TheWrap.com) - CBS took an overall win on Sunday night, while ABC's "Once Upon a Time" took the night's top ratings slot and NBC's "Celebrity Apprentice" returned to a low for series premieres, according to preliminary numbers. Though extended coverage of Sunday's golf coverage renders the numbers approximate, …

  • Traders work at their desks at the Frankfurt stock exchange
    Greek deal relief tempered by hurdles ahead Reuters - 38 mins ago

    LONDON (Reuters) - The euro turned lower after an initial jump and European stocks fell Tuesday after a long-awaited agreement on a second bailout for Greece removed … More »Greek deal relief tempered by hurdles ahead

    Traders work at their desks at the Frankfurt stock exchange

    LONDON (Reuters) - The euro turned lower after an initial jump and European stocks fell Tuesday after a long-awaited agreement on a second bailout for Greece removed the threat of a disorderly bond default but left markets fearful of further problems ahead. The broad FTSEurofirst index of top European companies was down …

  • Brain study finds what eases pain of financial loss Reuters - 3 hrs ago

    LONDON (Reuters) - Financial market traders and keen gamblers take note. Scientists have found that a chemical in the region of the brain involved in sensory and reward … More »Brain study finds what eases pain of financial loss

    LONDON (Reuters) - Financial market traders and keen gamblers take note. Scientists have found that a chemical in the region of the brain involved in sensory and reward systems is crucial to whether people simply brush off the pain of financial losses. Scientists say the study points the way to the possible development …

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War is a cowardly escape from the problems of peace.
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Thomas Mann (1875 - 1955)  
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