MARKETS / FINANCE

Young fight for full-time work in job market

Shanee Greenidge of Boston has been searching for full-time work since she dropped out of high school in 2009 and took a string of part-time jobs to help her mother pay bills.

TI phone chip to boast interactive projection, 3-D

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Texas Instruments announced plans for a chip on Monday that it said will give users more versatility in how they use their cellphones, helping it to compete better with rivals including Qualcomm Inc and Nvidia.
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Geithner pledges to work with Brazil on China

The United States and Brazil will pressure countries that keep their currencies undervalued, Treasury Secretary Timothy Geithner said on Monday, reinforcing an emerging alliance between the Western Hemisphere's two biggest economies at the expense of China.
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Q+A: How do I-9 audits find illegal workers in U.S.?

The U.S. government strategy to clamp down on illegal immigrant workers has been focused for the last two years on so-called I-9 audits that target employers rather than large-scale raids that net lots of employees .
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Chesapeake Energy selling shale, shares soar

Chesapeake Energy Corp wants to sell holdings in Arkansas' Fayetteville shale natural gas field and its stakes in two companies to raise $5 billion as it tries to trim a heavy debt load.
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U.S. set to curb bank bonuses, part of global move

U.S. regulators on Monday are expected to make their most forceful attempt yet to clamp down bank bonuses since the 2007-2009 financial crisis, but the proposals pale in comparison to harsher restrictions already set in Europe.
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Google and EU in antitrust resolution talks: source

Google and European Union regulators are in tentative talks to resolve an antitrust probe against the Internet's dominant search engine, a source familiar with the case said on Monday.
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Russian hacker admits guilt in $10 million cyber theft

A Russian man has pleaded guilty in court to stealing $10 million from former Royal Bank of Scotland division World Pay in 2008 by hacking into accounts, RIA News reported on Monday.
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Humana 4th-quarter net slumps, raises 2011 view

Health insurer Humana Inc posted a far lower quarterly net profit on Monday, hurt by a variety of expenses, but raised its 2011 earnings forecast on better-than-expected sales of its Medicare plans for the elderly.
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Chesapeake Energy selling shale

Chesapeake Energy Corp wants to sell holdings in Arkansas' Fayetteville shale natural gas field and its stakes in two companies to raise $5 billion and trim its heavy debt load.
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Humana fourth-quarter net slumps, raises 2011 view

Health insurer Humana Inc posted a far lower quarterly net profit on Monday, hurt by a variety of expenses, but raised its 2011 earnings forecast on better-than-expected sales of its Medicare plans for the elderly.
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Google executive Ghonim released in Egypt: report

A Google Inc executive who had gone missing in Egypt was released on Monday and was on his way to Tahrir Square, the center of two weeks of anti-government demonstrations, Al Arabiya television reported.
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Google, EU in antitrust resolution talks: source

Google and European Union regulators are in tentative talks to resolve an antitrust probe against the Internet's dominant search engine, a source familiar with the case said on Monday.
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Loews, CNA boosted by strong investment income

Loews Corp reported its best quarter of the year as strong investment income from its biggest holding, CNA Financial , helped the conglomerate post a better-than-expected 16 percent increase in quarterly profit.
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Chrysler workers arrested for alleged drug use

Three workers from a high-profile Chrysler plant that makes a crucial new Jeep model were arrested recently for alleged drug use during the workday, the company and police said.
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Deposit insurance costs climbing for big banks

Mega-banks will have to pay more for U.S. deposit insurance under a new regulation set for final approval on Monday as the government advances a boatload of financial oversight changes.
Car stickers commemorating U.S. military service in Vietnam, Afghanistan and Iraq are seen on a recruiter's table at a veterans job fair in Los Angeles

Jobless rate among veterans highest in five years

More than 15 percent of Iraq and Afghanistan war veterans were unemployed in January, far higher than the national jobless rate and the highest since the government began collecting data on veterans in 2005, the Bureau of Labor Statistics said on Friday.
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Analysis: After the Great Recession, the Great Regression?

After the Great Recession, Europe has embarked on a Great Regression. Wages, pensions, unemployment insurance, welfare benefits and collective bargaining are under attack in many areas as governments struggle
'Climategate' emails undermined belief in global warming among weathercasters’

Green job creation risks backfiring: Lomborg

Investments to create new jobs in clean energies risk backfiring by curbing employment in other parts of the economy, a study commissioned by Danish Skeptical Environmentalist Bjorn Lomborg said on Monday.
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Ford's Lincoln on track to cut number of U.S. dealers

Ford Motor Co wants to cut its dealership count for U.S. luxury brand Lincoln to about 325 from the current 434 in big metro areas, where it hopes to win over buyers of premium autos, Ford executives said on Sunday.
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Nasdaq hackers another blow to investor confidence

News that computer hackers had infiltrated the operator of the Nasdaq Stock Exchange is the latest blow for Wall Street as it works to repair an image with investors and traders dented by last year's flash crash.
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For Bernanke, no escaping politics now

For a Federal Reserve chairman who is worried about politics interfering with monetary policy, Ben Bernanke is taking on some awfully heated political topics.
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Market could rally on profits, technical

With earnings continuing to surprise on the upside and minimal technical resistance ahead, the bears may have to wait a bit longer for the much-anticipated end to the current stock rally.
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Google CEO says wants to avoid long EU probe: report

Google Inc wants to avoid a lengthy legal battle with European Union regulators investigating its market dominance, the Sunday Telegraph quoted its chief executive as saying.
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Ireland gets 3.6 billion euros from rescue fund: source

Ireland has received a first tranche of 3.6 billion euros ($4.9 billion) from the euro zone rescue fund, slightly more than the initial amount agreed, a fund source told Reuters on Sunday.

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