IBT Staff Reporter

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Biden rejects Cheney attacks over terrorism fight

Vice President Joe Biden rejected assertions by Dick Cheney on Sunday that the Obama administration was soft on terrorism and waterboarding should have been an option for the suspect in an attempted Christmas Day airline bombing.

Eurogroup to push Greek reforms, not bailout

Euro zone finance ministers will exert more pressure on Greece to implement planned budget deficit cuts at a meeting on Monday, as they look to avoid having to deliver on a pledge of support for Athens.

Want kids' vaccinations up to date? Keep the record

In our country, we think the doctor should have all the medical records, said Dr. James McElligott, a pediatrician at the Medical University of South Carolina who worked on the study. I like the idea of putting the ownership back in Mom's hands and empowering her a little bit.

Bharti confirms $10.7 bln bid for Zain Africa assets

Bharti Airtel is in exclusive talks to buy for $10.7 billion in cash most of Kuwaiti telecom group Zain's African cellular assets, the Indian firm's third attempt at gaining a foothold in a continent that offers a last opportunity for major subscriber growth.

Top drug lobbyist resigns, clouds health reform

Pharmaceutical Research and Manufacturers of America (PhRMA) President and CEO Billy Tauzin said late Thursday he was resigning effective June 30 after five years as head of one of the most powerful lobby groups in Washington.

Russia's Sberbank increased Jan profit threefold

Sberbank , Russia's biggest lender, on Monday reported an almost threefold year-on-year rise in net profit in January to 11.7 billion roubles ($387 million), but provisions continued to pressure its income.

Euro near lows; Dubai debt fears rise

The euro held near a nine-month low against the dollar on Tuesday, with all signs that euro zone policymakers will focus on making Greece fully implement budget cuts rather than gifting it swift financial aid.

Bonds edge lower, focus still on Greek support

Euro zone government bonds drifted lower on Monday with attention still on peripheral issuers before a meeting of the bloc's finance ministers following last week's pledge of support for debt-ridden Greece.

Floridians protest offshore oil drilling

Thousands of Floridians demonstrated against moves to allow offshore oil drilling on Saturday along the east and west coasts of the state in a protest dubbed Hands Across the Sand.

L.A. budget crisis threatens jobs, credit rating

Los Angeles, the second-largest city in the United States, is confronting a mounting budget deficit that threatens to force thousands of job cuts, deplete its fiscal reserve and further damage its credit rating.

France denies Iran given new fuel swap proposals

Iran is studying proposals from the United States, Russia and France on a nuclear fuel swap, an Iranian news agency reported on Monday, but Paris said the only valid offer was an existing deal that Tehran has yet to accept.

Japan finmin tests waters for sales tax debate

Japanese Finance Minister Naoto Kan said he was open to debating sales tax reform, suggesting the government may consider raising the tax to help fund its spending programs focused on supporting households.

Q+A: Iran's Revolutionary Guards

The United States believes Iran may be heading toward a military dictatorship and that its Revolutionary Guard Corps is supplanting its government, U.S. Secretary of State Hillary Clinton said on Monday.

Greek drama plays out on Wall Street

U.S. stocks could struggle to make headway this week if a meeting of European finance ministers fails to reassure markets that they can contain Greece's debt problems.

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