Era of meanness, greed drawing to end: GE's Immelt
The United States stands at the end of a generation when greed drove leaders and rewards became perverted, General Electric Co Chief Executive Jeff Immelt said in a speech at West Point on Wednesday. Read Full Article here.
Fed's Duke: toxic titles foiling housing recovery
The recovery of many U.S. low income areas remains stymied as lenders decide completing some foreclosures simply isn't worth the cost, casting many properties into legal limbo, Federal Reserve Governor Elizabeth Duke said on Wednesday. Read Full Article here.
Apple to launch tablet in spring 2010 - analyst
Apple Inc is preparing to launch a tablet personal computer in late March or April, with manufacturer partners poised to roll out as many as 1 million units per month, according to an Oppenheimer research note. Read Full Article here.
Treasury to help housing, small business with bailout extension
The $700 billion bailout of the U.S. financial system authorized by Congress in October of 2008 will be extended until October 2010, President Obama's top economic cabinet official wrote in a letter to the leaders of the U.S. Congress today. Read Full Article here.
Obama praises Senate healthcare deal
President Barack Obama on Wednesday praised a healthcare compromise reached by Senate Democratic negotiators and said it could clear the way for passing a sweeping healthcare reform overhaul. Read Full Article here.
Rupert Murdoch: U.S. gov't newspaper bailout a bad idea
Rupert Murdoch, the Chairman and Chief Executive of News Corp., believes that U.S. government bailout funding or for the distressed newspaper industry would be a detriment to freedom of speech. Read Full Article here.
Climate change worsened most years since 1980: report
The impacts of climate change have worsened almost every year since 1980, according to a study on Wednesday inspired by the Dow Jones stock index that distils global warming into a single number. Read Full Article here.