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New York City Area Sets Records for Day’s High Temperature Mar 19, 2010 5:48PM

Every weather observation spot in the New York area, except Central Park, marked a daily high temperature record today, the last day of the Northern Hemisphere winter, the National Weather Service rep (Business Week) Read more

Ex-Tyco CEO Kozlowski Seeks Millions in Retirement Benefits Mar 19, 2010 5:46PM

Ex-Tyco International Ltd. Chief Executive Officer L. Dennis Kozlowski, jailed for stealing millions of dollars, wants a U.S. court to order the company to pay him tens of millions from his retirement (Business Week) Read more

Palm Drops 29% on Revenue Forecast; Analysts Debate Viability Mar 19, 2010 5:46PM

Palm Inc., maker of the Pre smartphone, fell the most in two years after predicting sales this quarter will be less than half of Wall Street estimates, prompting some analysts to question the company (Business Week) Read more

Benmosche’s AIG Salary is $7 Million, Feinberg Says (Update1) Mar 19, 2010 5:41PM

American International Group Inc. Chief Executive Officer Robert Benmosche, the highest-paid executive at the bailed-out insurer, will get a $7 million salary again this year, said paymaster Kenneth F (Business Week) Read more

Medtronic Wins Backing for First MRI-Safe Pacemaker (Update1) Mar 19, 2010 5:40PM

Medtronic Inc. won a U.S. panel’s backing to introduce the nation’s first heart pacemaker designed to be used safely by patients undergoing a common medical imaging exam. (Business Week) Read more

CDO ‘Samaritan’ Hildene Duels Funds Over Collateral (Update2) Mar 19, 2010 5:40PM

Hildene Capital Management LLC, the $150 million hedge fund that gained 33 percent last year, is fighting firms 100 times its size to preserve the value of collateralized debt obligations holding bank (Business Week) Read more

Cooper Tire Is Liable for Fatal 2007 Rollover, Jury Finds Mar 19, 2010 5:34PM

Cooper Tire & Rubber Co., the second-biggest U.S. tiremaker, is liable for the fatal rollover of a minivan in 2007, a Des Moines, Iowa jury has found. (Business Week) Read more

Washington Calendar: Washington events for March 22 - 26 Mar 19, 2010 5:09PM

A look at the key economic and newsworthy events in Washington in the coming week. (MarketWatch) Read more

Nexen's Gulf find boosts shares Mar 19, 2010 5:02PM

Calgary-based oil and gas producer Nexen Inc. said Friday it has made a "significant" oil discovery in the eastern Gulf of Mexico. (CBC) Read more

Real Estate Weekly: Mortgage modifications spread beyond feds Mar 19, 2010 5:02PM

More mortgage lenders are offering modifications to troubled homeowners on their own without going through the government's HAMP process. (MarketWatch) Read more

Online ad spending increases in fourth quarter Mar 19, 2010 5:01PM

Spending on online advertising in the U.S. increased 4.5% to $7.4 billion in the fourth quarter of 2009, marking its first quarterly growth in a year, according to a report published by IDC. (MarketWatch) Read more

Hatch Says ‘Nuts’ to Think Sunday Vote Settles Issue (Update1) Mar 19, 2010 4:59PM

U.S. Senator Orrin Hatch, a Utah Republican, said Democrats in the U.S. House of Representatives are “nuts” to think that Sunday’s vote on health-care legislation will resolve the issue. (Business Week) Read more

Hawaii’s ‘Lax Management’ Brought $1 Billion Frozen-Bond Deals Mar 19, 2010 4:56PM

Hawaii State Auditor Marion M. Higa found “lax management” of the state’s treasury led to a $1 billion investment in auction-rate securities that will result in $254 million in writedowns. (Business Week) Read more

Health Care: Changes Planned to Senate Legislation by Democrats Mar 19, 2010 4:48PM

House Democrats plan to approve the biggest changes to the U.S. health-care system in more than four decades, extending coverage to tens of millions of uninsured Americans and attempting to curb risin (Business Week) Read more

Indian ADRs Fall Most in Six Weeks After Interest-Rate Increase Mar 19, 2010 4:46PM

Indian companies’ American depositary receipts fell the most in six weeks after the nation’s central bank unexpectedly raised interest rates for the first time since July 2008. (Business Week) Read more

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