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US: Business news headlines around the clock.

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The Seattle Times: White House floats Bernanke ally Yellen for No. 2 Fed spot
ith the expected appointment of Janet Yellen to be vice chairman of the Federal Reserve, President Obama would be installing in the central bank's No. 2 spot a close ally of Fed Chairman Ben Bernanke and an economist who views supporting growth as the most immediate challengeahead.

The Seattle Times: WaMu gets $6 billion in dispute with JPMorgan Chase, FDIC
Washington Mutual Inc. will get more than $6 billion from a global settlement with JPMorgan Chase and the Federal Deposit Insurance Corp. outlined in bankruptcy court Friday.

The Seattle Times: China gov't advisers urge steady economy
China's top parliamentary adviser said Saturday that keeping the economy stable and steady must remain the government's biggest priority this year.

The Seattle Times: Cities get silly to win Google's superfast broadband test
They're swilling Google-tinis in Sarasota, and vowing to Google-ize the names of their firstborn children up in Duluth.

The Seattle Times: Orange County prosecutor sues Toyota over defects
The Orange County district attorney has filed a lawsuit against Toyota Motor Corp., accusing the automaker of knowingly selling hundreds of thousands of vehicles with acceleration defects.

The Seattle Times: US regulators examine competition in agriculture
Federal officials concerned about how much control a few corporations have over the nation's food supply pledged Friday to begin a new era of antitrust enforcement, seeking to balance agricultural power between companies, farmers and consumers.

The Seattle Times: Solar energy with jewel-like curtains on windows
The Center for Architecture Science and Ecology, a research consortium, wants to turn office windows into multifaceted solar power generators.

Yahoo!: Texas ed board vote reflects far-right influences (AP)
AP - A far-right faction of the Texas State Board of Education succeeded Friday in injecting conservative ideals into social studies, history and economics lessons that will be taught to millions of students for the next decade.

Yahoo!: Wall Street faces Fed meeting with momentum (AFP)
AFP - Wall Street stocks are set to build on nearly year-and-a-half highs as they face next week's key economic reports and the US Federal Reserve's monetary policy meeting.

Yahoo!: Obama eyes Fed picks in central bank revamp (AFP)
AFP - US President Barack Obama is strongly considering three candidates to fill vacancies at the Federal Reserve board, the White House said as he moves to revamp the central bank.
301 Moved Permanently

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Drop predicted in California housing prices

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Tips to make downsizing easier

Real-estate calendar

Coffee wrap: Starbucks spent $740K on lobbying last year, Le Whif, and an old hand takes a swipe at 'third wave' coffee
301 Moved Permanently

Deconstructing the Early Adopter (On the Street)

Yahoo! News: US Economy News

Yahoo! News: US Economy News

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·Texas ed board vote reflects far-right influences (AP)
AP - A far-right faction of the Texas State Board of Education succeeded Friday in injecting conservative ideals into social studies, history and economics lessons that will be taught to millions of students for the next decade.
·Wall Street faces Fed meeting with momentum (AFP)
AFP - Wall Street stocks are set to build on nearly year-and-a-half highs as they face next week's key economic reports and the US Federal Reserve's monetary policy meeting.
·Obama eyes Fed picks in central bank revamp (AFP)
AFP - US President Barack Obama is strongly considering three candidates to fill vacancies at the Federal Reserve board, the White House said as he moves to revamp the central bank.
·Nortel sales decline as customers cut spending (Reuters)
Reuters - Bankrupt Nortel Networks Corp on Friday posted a 62 percent drop in quarterly revenue, as customers cut spending in the face of uncertainty about its bankruptcy proceedings and the shaky economy.
·Data, Fed to test if rally has legs (Reuters)
Reuters - Investors will try to tack another leg on to the year-long U.S. stock rally, looking to next week's economic data and statement from the central bank for evidence the recovery is still on track.
·Summary Box: Retail sales post surprising gain (AP)
AP - RETAIL SALES: Retail sales rose 0.3 percent in February, surprising economists who had forecast a decline because of their expectation that major snowstorms would keep consumers away from stores.
·US wine exports fall 15 percent in 2009 (AP)
AP - People worldwide are still buying U.S. wine in a tight economy, although exports were down in 2009 from 2008s record-setting year.
·Union Pacific CEO seeing signs of better business (AP)
AP - The CEO of Union Pacific said Friday that shipments carried by the nations biggest railroad are stronger than expected this year, but are still a long way from full recovery.
·Summary Box: Obama mulls choices for Fed vacancies (AP)
AP - RESHAPING THE FED: President Barack Obama needs to fill three vacancies at the Federal Reserve. Janet Yellen, president of the Federal Reserve Bank of San Francisco, is his top pick to be vice chairman.
·Yellen at Fed would likely favor low-rate policy (AP)
AP - President Barack Obamas likely choice of Janet Yellen to become vice chairman of the Federal Reserve would favor a policy that stresses low interest rates toease unemployment over higher rates to curb inflation.

Financial Times - US

World business, finance and political news from the Financial Times – FT.com US.

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·Lehman file rocks Wall Street
The fallout from the report into the collapse of Lehman Brothers shook Wall Street and London as US officials grilled banks about off balance-sheet trades and questions were raised over the Cityâ€™s role in the companyâ€™s attempts to cover up its problems
·KKR files plans for $2.2bn float
Listing allows firm, founded by cousins Henry Kravis and George Roberts, to match their great rival Blackstone, which completed its IPO at the top of the market in 2007
·Yellen to be nominated as Fed vice-chair
The Obama administration is set to nominate Janet Yellen, president of the Federal Reserve Bank of San Francisco, as vice-chairman of the central bank
·Solid economic data give positive backdrop
Global Markets Overview: Record rise in eurozone industrial production help global stocks build on Wall Streetâ€™s overnight advance, but gains tempered by uncertainty
·Twitter faces a battle for tweets
A Japanese website called Ameba Now is one of the first signs of micro-blogging website Twitterâ€™s vulnerability to competition. The rival has reached 1m visitors in the three months since its launch
·Tensions escalate over Chinaâ€™s currency
China and the US traded barbs over the economy and human rights, raising the temperature ahead of a possible showdown over currency policy next month
·Brown and Sarkozy â€˜unitedâ€™ on bank levy
The UKâ€™s prime minister says France and Britain are united on the need for a global bank levy, after warm talks in Downing Street with the French president
·US takes risks with ties to strongman
A meeting between Stanley McChrystal, the top Nato general in Afghanistan, and Colonel Abdul Raziq, a suspected drug baron, illustrates a central dilemma: relying on local strongmen to preserve stability risks undermining the broader goal of promoting good governance
·Google to shut China search engine
The US company has drawn up plans for the closure of its Chinese search engine and is now â€˜99.9% certainâ€™ to go ahead as talks over censorship with the authorities have reached impasse
·US health reform bill deadline pushed back
In a new sign of the difficulties facing healthcare reform legislation, President Barack Obama delayed his trip to Asia by three days to try to push through his reforms

SmartMoney.com

Investing, Saving and Personal Finance.

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·This Week in Business Tweets: Two-fers (Twitter Beat)
A word from Google's CEO and a question about the future of Apple.
·Gently-Used Gift Cards Can Help You Save (Deal of the Day)
But be sure to check that sites selling the cards verify balances.
·If Taxes Hurt Less, Would They Be Higher? (Money and Your Mind)
A look at what would happen if we applied an EZ-Pass system to taxes.
·Broker Talk: Happy Anniversary? Not Quite (Broker Talk)
The one-year anniversary of the most recent rally has passed. Party over?
·Junk Food Taxes Offer Slim Benefits (By the Numbers)
Hough: Why a levy on Twinkies and such won't make America trim.
·Recipes for Sweet Returns
A survey reveals where some of today's top wealth-management firms are placing their bets.
·In Jobless Recovery, Why Is Market Hot? (Market Update)
WHAT'S HAPPENING NOW: Analysts see coming mergers and acquisitions activity.
·Stocks Close Flat, Rally Sputtering (Market Update)
Major indexes show some movement early, then flatten on inventories data.
·Deconstructing the Early Adopter (On the Street)
Starting today you can preorder an iPad. Based on history, should you?
·Stock Picks: ARO Up, PSUN Down (Market Movers)
Earnings and outlook lift Aeropostale but damage Pacific Sunwear.

courant.com National Business headlines

Headlines from courant.com

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· Hartford Courant - Connecticut Breaking News, UConn Sports, Politics, Entertainment, Weather Forecast, Traffic and More. - Courant.com

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Bankrate.com: Today's new stories

All the new personal finance stories of the day.

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·What the Fed said: A translation
Here is a translation of the Federal Reserve's surprise rate policy statement.

EIROnline | USA

The European Industrial Relations Observatory (EIRO) is a monitoring instrument offering news and analysis on European industrial relations.

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