UNITED STATES

U.S. confident Japan will handle economic challenges

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The United States is confident Japan will be able to handle economic challenges in the wake of the earthquake and tsunami, and does not expect the disaster to stall the world's recovery from economic recession, a White House spokesman said on Monday.

Looting absent amidst the gathering horror in Japan

A man reacts as he finds his wife and child at the Red Cross hospital after they were separated by earthquake and tsunami, in Ishinomaki,
Observers across the cyberworld have noticed something quite fascinating about the unfolding horror in Japan in the wake of the deadly earthquake and tsunami – a lack of looting by Japanese people, who, rather than take advantage of a crisis for personal gain, appear to be unified and behaving lawfully.
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GE's Immelt takes first bonus since 2007

General Electric Co paid Jeffrey Immelt a $4 million cash bonus in 2010, following two years when the chief executive of the largest U.S. conglomerate declined a payout in the face of sliding profits.
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Days after an 8.9-magnitude earthquake and tsunami shook Japan and caused more than 3,000 people to lose their lives, Gottfried is using the social media site Twitter to crack jokes about the devastating catastrophe.
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US stocks decline on Japan concerns

U.S. stocks declined on Monday, as investors were worried about the impact of the devastating earthquake and tsunami in Japan on the global economy.
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Wall Street falls 1 percent on Japan worries

U.S. stocks dropped 1 percent on Monday as the effects of Japan's earthquake and tsunami weighed on sentiment on Wall Street, which is likely to experience a high degree of volatility in the near term.
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Oil pressured by Japan quake, off two wk lows

Oil slipped on Monday on concerns over the economic impact from Japan's earthquake and tsunami, although prices were off two week lows, underpinned by continued unrest in oil rich North Africa and the Middle East.
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Following a recent blocking of LinkedIn in China, the social Internet network for professionals warned potential investors in its initial public offering that similar incidents in the future could hurt its value.
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US stocks decline in early trade

U.S. stocks declined in early trade on Monday, as investors were worried about the impact of the devastating earthquake and tsunami in Japan on the global economy.
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Japan concerns send world stocks to 6-week low

World stocks fell to a six-week low on Monday, driven by a 7.5 percent fall in Japanese stocks, while oil tumbled as concerns grew about the economic damage from Japan's earthquake and tsunami.

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