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Archive for February 10th, 2010
Greek PM pledges to slash deficit
Prime Minister George Papandreou vows to “take any necessary measures” to reduce Greece’s government deficit.
No CommentsDNA reveals ancient human’s face
DNA analysis of human hair preserved for 4,000 years in Greenland’s permafrost yields clues to the owner’s appearance.
No CommentsWinds ground Solar observatory
High winds at Cape Canaveral, Florida, prevent the US space agency from launching its latest Sun probe.
No CommentsBernanke outlines plan for pulling in stimulus aid (AP)
AP - Federal Reserve Chairman Ben Bernanke began Wednesday to outline the central bank’s strategy for reeling in stimulus money once the economic recovery is more firmly rooted.
Stocks stall as Bernanke signals end of stimulus (AP)
AP - The stock market fluctuated in a tight range after Federal Reserve Chairman Ben Bernanke laid out plans to eventually dismantle the central bank’s supports for the economy.
Trade deficit jumps sharply in December (AP)
AP - The U.S. trade deficit surged to a larger-than-expected $40.18 billion in December, the biggest imbalance in 12 months. The wider deficit reflected a rebounding economy that is pushing up demand for oil and other imports.
Debt woes in Europe could infect U.S.recovery (AP)
AP - The United States, which led the world into recession, may now see its fragile recovery stifled by events across the globe.
PROMISES, PROMISES: Jobs bill won’t add many jobs (AP)
AP - It sounds great: A big jobs bill that would hand President Barack Obama a badly needed victory and please Republicans with tax cuts at the same time. But there’s a problem: It won’t create many jobs.
Toyota repairing 50,000 vehicles a day (AP)
AP - A Toyota executive says dealers have so far reinforced the sticking accelerator on more than 220,000 recalled vehicles, with repairs continuing at a rate of about 50,000 vehicles a day.
No CommentsNYSE Euronext returns to profit in 4th quarter (AP)
AP - Trans-Atlantic stock exchange operator NYSE Euronext said Tuesday that it returned to profit in the fourth quarter as cost-cutting efforts helped offset a drop in revenue amid falling global share trading volumes.
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