World News Center
Yara won't up bid for Terra (AP)
March 12, 2010AP - Norwegian fertilizer company Yara International ASA says it will not increase its offer to acquire U.S. competitor Terra Industries after Terra's board chose to favor a higher bid from CF Industries.
Lenovo says business will focus on mobile Internet (AP)
March 12, 2010
AP - Lenovo Group expects wireless Internet products to account for up to 80 percent of its sales within five years as it pursues expansion in faster-growing emerging markets, CEO Yang Yuanqing said Friday.
Asia stocks mixed as traders await economic clues (AP)
March 12, 2010
AP - Asian stock markets were mixed Friday as investors held out for additional clues to the strength of economic recovery.
Report: Obama to tap Yellen to be Fed vice chair (AP)
March 12, 2010
AP - President Barack Obama is planning to nominate Janet Yellen, president of the Federal Reserve Bank of San Francisco, to take over as vice chairman of central bank in Washington, The Wall Street Journal reported.
Parents Run Risks Helping Kids Buy A Home (Investor's Business Daily)
March 12, 2010Investor's Business Daily - The end of the federal tax credit for homebuyers is fast approaching. That means crunch time for parents who want to help their kids buy a place as inexpensively as possible.
Democrats pare differences over health overhaul (AP)
March 12, 2010
AP - Top Democrats say they are resolving disputes over President Barack Obama's health overhaul plan, but they face decisions on subsidizing coverage and are still hunting votes to push the vast package through Congress.
FTSE 100 opens lower (AFP)
March 12, 2010
AFP - Leading shares weakened on Thursday after unconvincing gains overnight on Wall Street as investors mulled the latest economic data and company news.
AT&T CEO accepts bonus; pay rises to $20.2M (AP)
March 12, 2010AP - The frugality of the recession eased in the 2009 pay package for AT&T Inc. CEO Randall Stephenson, who resumed taking a bonus and saw his compensation rise by one-third to $20.2 million, according to Associated Press calculations on a regulatory filing Thursday.
Pall fiscal 2Q profit falls short of expectations (AP)
March 12, 2010AP - Pall Corp. on Thursday posted a 28 percent rise in its fiscal second-quarter profit, but still fell short of Wall Street estimates.
Greece hit by strikes, clashes over austerity plan (AP)
March 12, 2010
AP - Clashes between riot police and rock-throwing, masked youths broke out during a demonstration Thursday in central Athens by tens of thousands of striking workers protesting austerity measures that the Greek government has said it has no choice but to implement.
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