"Wallstreet" Reader |
- Checking Will Stay Free, Says PNC Bank
- States Eye Shift From Pensions to 401(k)-Style Plans
- Some Banks Cut Currency-Trade Fees
- Asia Up; Markets Digest China PMI
- U.S. Confirms Parcel-Delivery Probe
- Massey Worker Charged With Obstructing Probe
- Daiichi Sankyo Buys Cancer-Drug Maker
- Canadian Growth Gives Lift to Leader
- Whirlpool CEO's Pay Grows
- Investors Seek Safety in New Harbors
- Yen Level 'Not Working as Additional Risk Factor'
- Inflation Prompts Subsidy Spree
- J.P. Morgan Faces $4.5 Billion in Worst-Case-Scenario Losses
- Deep-Water Permit Is First Since BP Spill
- Bernanke Faces Grilling on Inflation
- Oscar's Big Night Comes Up Short
- Google Expects Ad Market to Bloom
- Honda Tops Magazine's Rankings
- Taco Bell, in New Push, Defends Its Beef
- Luxottica's Profit Rises 88%
| Checking Will Stay Free, Says PNC Bank Posted: 28 Feb 2011 07:23 PM PST PNC Financial Services Group, bucking a trend that is sweeping the banking industry, is vowing to keep its most-basic checking accounts free of fees.       |
| States Eye Shift From Pensions to 401(k)-Style Plans Posted: 28 Feb 2011 07:38 PM PST Policy makers across the country are considering scrapping guaranteed retirement benefits for public workers in favor of 401(k)-like plans. But some are discovering that the change can carry hefty costs.     |
| Some Banks Cut Currency-Trade Fees Posted: 28 Feb 2011 07:09 PM PST The analysis by FX Transparency comes as a number of states probe whether pension funds are being properly charged for foreign-exchange transactions.     |
| Asia Up; Markets Digest China PMI Posted: 28 Feb 2011 06:55 PM PST Asian stock markets were higher, helped by a rise for U.S. stocks on Monday and stability in oil prices. The Nikkei was up 0.8%.     |
| U.S. Confirms Parcel-Delivery Probe Posted: 28 Feb 2011 06:48 PM PST The Justice Department confirmed that it is conducting an investigation into possible anticompetitive behavior in the parcel-delivery market.     |
| Massey Worker Charged With Obstructing Probe Posted: 28 Feb 2011 04:34 PM PST A Massey Energy security chief has been charged with obstructing the investigation of a 2010 explosion that killed 29 miners in West Virginia.     |
| Daiichi Sankyo Buys Cancer-Drug Maker Posted: 28 Feb 2011 05:22 PM PST Daiichi Sankyo agreed to buy closely held drug developer Plexxikon of the U.S. for $805 million.     |
| Canadian Growth Gives Lift to Leader Posted: 28 Feb 2011 04:15 PM PST Canada's gross domestic product grew at a 3.3% annualized rate in the final three months of 2010, giving Prime Minister Stephen Harper's minority government a boost ahead of a possible election this year.     |
| Posted: 28 Feb 2011 02:00 PM PST Jeff Fettig, CEO of Whirlpool Corp., received total compensation valued at $14.4 million in 2010, up about 15% from a year earlier.     |
| Investors Seek Safety in New Harbors Posted: 28 Feb 2011 06:01 PM PST The past two weeks have seen a "terrific move out of the dollar" and into the euro, among others, even as the euro zone's debt problems remain unresolved.     |
| Yen Level 'Not Working as Additional Risk Factor' Posted: 28 Feb 2011 03:57 PM PST In an exclusive interview, Bank of Japan Gov. Shirakawa said he doesn't believe the current high value of the yen represents a threat to the economy, suggesting the central bank may refrain from taking any renewed action to weaken the currency for the time being.     |
| Inflation Prompts Subsidy Spree Posted: 28 Feb 2011 07:23 PM PST As prices for food and other essentials climb, a growing number of governments are adding or extending subsidy programs, price controls and other short-term fixes that many economists fear will only worsen inflation.     |
| J.P. Morgan Faces $4.5 Billion in Worst-Case-Scenario Losses Posted: 28 Feb 2011 05:53 PM PST J.P. Morgan Chase said it faces up to $4.5 billion in legal losses, in excess of its established litigation reserves, should its worst-case legal scenario occur.     |
| Deep-Water Permit Is First Since BP Spill Posted: 28 Feb 2011 05:52 PM PST The Obama administration approved the first deep-water drilling permit since last year's Deepwater Horizon explosion and oil spill, amid rising political and legal pressure to reopen the Gulf of Mexico to oil exploration as crude prices spike.     |
| Bernanke Faces Grilling on Inflation Posted: 28 Feb 2011 07:25 PM PST When Federal Reserve Chairman Ben Bernanke goes before lawmakers this week to deliver his semiannual report, the grilling is likely to focus on heightened fears about inflation despite continued worries about job creation.     |
| Oscar's Big Night Comes Up Short Posted: 28 Feb 2011 04:51 PM PST The audience for the Oscars fell 9.9% from last year, ABC said, reversing two years of growth. A total of 37.6 million people tuned in in the U.S     |
| Google Expects Ad Market to Bloom Posted: 28 Feb 2011 04:05 PM PST A Google executive said the online display-ad market could top $100 billion over the next several years and represents "a pretty enormous opportunity."     |
| Honda Tops Magazine's Rankings Posted: 28 Feb 2011 01:23 PM PST Honda Motor and several other Asian auto makers scored high marks in a series of new-car evaluations by Consumer Reports magazine.     |
| Taco Bell, in New Push, Defends Its Beef Posted: 28 Feb 2011 11:34 AM PST Taco Bell is airing new commercials to defend its beef recipe, the second stage of an effort to fight back against a lawsuit.     |
| Posted: 28 Feb 2011 11:53 AM PST Luxottica said its fourth-quarter net profit rose 88%, and the eyewear maker predicted a strong 2011 as consumers flock back to high-end brands.     |
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