World News Center
Toyota disputes critic who blames electronics (AP)
March 9, 2010
AP - Toyota, dogged by millions of recalls and claims that it still has not fixed its safety problems, took its strongest step yet Monday to silence critics who blame faulty electronics for runaway cars and trucks.
Asian stocks mixed after lackluster US finish (AP)
March 9, 2010
AP - Asian stocks were mixed Tuesday, taking a breather after sharp gains the day before as investors awaited more clues about the health of the world economy.
China: US assets should not be 'politicized' (AP)
March 9, 2010
AP - An official in charge of China's foreign reserves tried to ease American concern Tuesday about the political impact of Beijing's huge holdings of U.S. government debt.
Merck, Sanofi combining animal medicine businesses (AP)
March 9, 2010
AP - Two of the world's biggest pharmaceutical companies said Tuesday they are uniting their animal health businesses in a deal to become the top dog in the veterinary industry.
Portugal's Socrates defends austerity plan (AFP)
March 9, 2010
AFP - Big business and the rich will bear the brunt of Portugal's new austerity programme, the country's socialist prime minster said as his government announced spending cuts and select tax rises.
Oil hovers below $82 after monthlong run-up (AP)
March 9, 2010
AP - Oil prices hovered below $82 a barrel Tuesday in Asia, losing momentum after a monthlong run-up fueled by growing investor optimism about global economic growth.
(AP)
March 9, 2010AP - Defense Sec. Gates in Afghanistan to meet with military commanders.
Jobs outlook may be too optimistic: SF Fed study (Reuters)
March 9, 2010Reuters - The widely held outlook that U.S. unemployment will ease this year may be overly rosy if companies continue to boost productivity at faster-than-usual levels, economists from the San Francisco Federal Reserve Bank said in a study released on Monday.
H&R Block 3Q profit rises despite fewer returns (AP)
March 9, 2010AP - H&R Block Inc. on Monday said its fiscal third quarter profit rose 7 percent, as lower costs offset a revenue drop that stemmed from handling fewer returns.
Portugal adds austerity measures (AP)
March 9, 2010
AP - Portugal announced new austerity measures Monday to avoid a debt crisis like the one engulfing Greece, cutting welfare benefits and government hiring as well as selling assets and raising taxes on the well-off.
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