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2012-02-08 00:59

Greek debt talks drag on, banks signal progress (AP)

Riot Police push back protestors, one waving the Greek flag, who try to enter at the Parliament building at Athens' main Syntagma square, during a 24-hour strike on Tuesday, Feb. 7, 2012. A general strike against the impending cutbacks stopped train and ferry services nationwide, while many schools and banks were closed and state hospitals worked on skeleton staff. (AP Photo/Petros Giannakouris)AP - Greece's private creditors signaled progress late Tuesday in a bond-swap deal but crucial debt negotiations over another round of austerity measures dragged into another day.


2012-02-08 00:53

Greek parties delay bailout talks despite EU threats (Reuters)

Reuters - Greek political parties delayed yet again on Tuesday making the tough choice of accepting painful reforms in return for a new international bailout to avoid a chaotic default, seemingly deaf to EU warnings that the euro zone can live without Athens.

2012-02-08 00:51

Analysis: Banks largely reserved for U.S. mortgage pact cost (Reuters)

Reuters - As the nation's five largest mortgage lenders edge close to a $25 billion settlement over foreclosure abuses, it's becoming clear that the deal will have little or no impact on their future bottom lines.

2012-02-08 00:51

Coca-Cola beats Street, eyes cost savings (Reuters)

Bottles of Coca-Cola are seen in a warehouse at the Swire Coca-Cola facility in Draper, Utah, March 9, 2011. REUTERS/George FreyReuters - Coca-Cola Co reported better-than-expected quarterly results and announced a new cost-savings program that it will use to boost its brands and mitigate higher commodity costs.


2012-02-08 00:43

Oil prices climb as Iran threatens EU supply cut (AP)

AP - Oil prices climbed above $98 per barrel Tuesday after Iran again threatened to cut off supplies to Europe. Here's how energy prices traded.

2012-02-08 00:39

Toyota lifts profit forecast as disaster woes fade (AP)

Toyota Motor Corp. Senior Managing Officer Takahiko Ijichi speaks during a press conference at Toyota's Tokyo headquarters Tuesday, Feb. 7, 2012. Toyota's quarterly profit slid 13.5 percent on production setbacks caused by last year's tsunami disaster and the flooding in Thailand, but Japan's top automaker raised its annual earnings forecast, saying a recovery is on track. (AP Photo/Shizuo Kambayashi)AP - Toyota's quarterly profit slid 13.5 percent on production setbacks caused by last year's tsunami disaster and the flooding in Thailand, but Japan's top automaker raised its annual earnings forecast, saying a recovery is on track.


2012-02-08 00:39

U.S. Companies 'Yammer' for a Productivity Revolution (ContributorNetwork)

ContributorNetwork - SAN FRANCISCO -- In a pleasant surprise, the Department of Labor has reported an another increase in total nonfarm employment. The U.S. added 243,000 jobs in January, ticking the unemployment rate to 8.3 percent.

2012-02-08 00:31

Payroll tax cut talks adrift on Capitol Hill (AP)

AP - The prospects for an extension of President Barack Obama's signature payroll tax cut, once considered a slam dunk on Capitol Hill, now seem far less certain as House-Senate talks have deadlocked over finding ways to pay for it.

2012-02-08 00:30

More US states to join foreclosure-abuse deal (AP)

AP - Arizona, Michigan and Florida, three of the states hit hardest by the housing crisis, will join a nationwide settlement over foreclosure abuses, officials with direct knowledge say. They will join more than 40 other states in approving a deal that would benefit many Americans who lost their homes or can't afford their mortgages.

2012-02-08 00:27

Disney revenue short of expectations, shares slip (Reuters)

Reuters - Walt Disney Co reported a quarterly revenue increase that fell short of Wall Street expectations as media networks and theme parks gained but revenue at its movie studio declined.

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