Worldwide
Greece's Financial Crisis Is Over, Neighbors Have Room to Move, Prodi Says The worst of Greece’s financial
crisis is over and other European nations won’t follow in its
path, said former European Commission President Romano Prodi.
Stocks in U.S. Erase Gains on Chinese Inflation Concern; Caterpillar Falls U.S. stocks trimmed gains as the
Standard & Poor’s 500 Index approached its high of the year for
a second day and speculation grew that accelerating inflation
will force China to raise interest rates.
Citigroup Cuts Yield on $2 Billion TruPS Offering to 8.5%: Credit Markets Citigroup Inc., seeking capital
after repaying bailout funds to the Treasury, is selling trust
preferred securities as rising investor demand drives borrowing
costs to near the lowest in almost five years.
Tullett Prebon Says It's Discussing Possible Sale of Company; Shares Jump Tullett Prebon Plc, the British
inter-dealer broker led by Terry Smith, said it’s in talks about
a possible sale of the company.
Buyout Firms Struggle to Spend $503 Billion of Investor Cash as Deals Wane Buyout funds sitting on half a
trillion dollars committed by investors may need more than a
decade to put the money to work if mergers and acquisitions
continue at the current pace.
Dollar Optimism Soars to Highest Since 2008 as Economic Outlook Rebounds Investors are the most bullish on
the dollar since the collapse of Lehman Brothers Holdings Inc.
on speculation the U.S. economy will expand at a faster pace
than in Europe and Japan, a survey of Bloomberg users showed.
Biden Says Israel, Palestinians to Be Held Accountable for Peace Obstacles Vice President Joe Biden said Israel
and the Palestinians will be held accountable for actions
jeopardizing peace efforts, such as Israeli approval of a plan
for new homes in east Jerusalem.
Obama's Health-Care Push Gets Challenge From Coalition of Business Groups President Barack Obama is facing a
renewed push against his health-care legislation as a coalition
of business groups plans to spend as much as $1 million a day on
advertisements to pressure lawmakers into opposing the bill.
Christie May Propose 14% Cut in New Jersey's 2011 Budget to Shrink Deficit New Jersey Governor Chris Christie
may propose a budget that is as much as 14 percent smaller than
the current spending plan and includes cuts to property tax
rebates and school aid, according to two people with knowledge
of budget talks.
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