UNITED STATES

Bernanke Warns US Job Market Weak Despite Gains

U.S. Federal Reserve Chairman Ben Bernanke pauses during a news conference following a two-day policy session in Washington
The Fed chairman said U.S. job market conditions remain weak despite three months of strong hiring and that the improved employment data seem to be out of sync with the overall pace of economic growth.
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Mahmoud Ahmadinejad

Ahmadinejad Says US Can No Longer Dictate Policy For All

Continuing his tirade against the West, Iranian President Mahmoud Ahmadinejad said the US and NATO can no longer dictate policy for the rest of the world and warned that the NATO policy in Afghanistan and other countries would make Western relations with Pakistan worse.
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Stock futures higher ahead of Feb home sales data

U.S. stock index futures rose on Monday, pointing to an equities rebound after the S&P's worst weekly performance so far this year, as investors looked ahead to data on February pending home sales.
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Fed's Plosser criticizes unfettered asset-buying

The world's central banks should not have unfettered ability to purchase assets because that violates the traditional separation of monetary and fiscal policymaking and can allow governments to inflate away debts, a top Federal Reserve official said on Monday.
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Exclusive: RBS halts India tanker payment due to Iran sanctions

NEW DELHI/SINGAPORE - The Royal Bank of Scotland has halted payments to a Greek ship owner which transported Iranian oil for an Indian shipping company, in line with Western sanctions aimed at hindering Iranian crude exports, shipping sources told Reuters.
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US Stocks Edge Up On Hopes For Fed Action

Wall Street's gains came after positive remarks on the U.S. labor market by Federal Reserve Chairman Ben Bernanke and upbeat economic data from Germany that offset a soft reading on the U.S. housing market.
A Facebook page

'Jobs for Facebook Passwords' Row: Senators Call For Probe Into Violation of Job Seekers' Rights

Two US senators have called on the federal agencies to investigate whether employers are violating federal law by requesting Facebook passwords from interviewees. Senators Charles Schumer, a Democrat from New York, and Senator Richard Blumenthal, a Democrat from Connecticut, have asked the Department of Justice and the US Equal Employment Opportunity Commission to commence investigations.
Would You Trust an Apple ‘iBank’ With All Your Money?

Apple iBank: What Are Odds Of Having One, And Will You Bank With It?

From an Apple fan's point of view, one could trust the Cupertino tech giant in terms of the wide range of products it offers to the customers. Parting with hundreds of dollars each year for laying hands on Apple gadgets does tell that story. But would you ever trust Apple with all your money? Would you trust Apple with your savings and consider banking with an iBank?
Medvedev and Putin

Russia Hardens Stand on Assad; Says Annan’s Offer Is Syria’s Last Chance

Russian President Dmitry Medvedev extended complete support to the UN-Arab League envoy in Syria, saying that Kofi Annan's resolution represented the last chance for preventing the violent insurgency from turning into a civil war. Medvedev's strong message to Syrian President Bashar al-Assad came close on the heels of US President Barack Obama announcing his plans to send non-lethal aid to the Syrian opposition.
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Stock index futures signal slight gains

U.S. stock index futures pointed to a slightly higher open on Wall Street on Monday, with futures for the S&P 500 up 0.14 percent, Dow Jones futures up 0.2 percent and Nasdaq 100 futures up 0.21 percent at 0813 GMT.
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BATS sticks with Europe tech plan after IPO debacle

BATS Global Markets is sticking with a plan to move its Chi-X platform, Europe's largest share trading venue, to its own technology, after a software bug forced the exchange operator to take the embarrassing step of pulling its own listing last week.
Joe Ratterman, CEO of BATS Global Markets, speaks at the Reuters Exchanges and Trading Summit in New York March 29, 2010.

Wild Weekend For BATS Capped By Mea Culpa

In the wake of the uncommon cancellation of the initial public offering by Bats Global Markets Inc. on Friday, the company's chairman, CEO, and president apologized to customers and members of the trading community in a letter posted on its website on Sunday.
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BATS leaders disagree on new IPO for exchange

Disagreement emerged on Sunday over the re-listing of an electronic stock exchange that suffered a high-profile crash last week, a breakdown that forced it to unwind its initial public offering of shares.

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