| Stocks indecisive ahead of resultsCNN - 1 hour agoNEW YORK (CNNMoney.com) -- Techs dipped and the broader market struggled near midday Monday as investors mulled a report showing a jump in Chinese exports, considered a weaker dollar and geared up for the start of the quarterly reporting period. The Dow Jones industrial average () was barely changed nearly 2-1/2 hours into the session. Stocks zigzag ahead of Alcoa earnings report Chicago Tribune | |
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Japan Said to Distance JAL From Delta and AmericanNew York Times - 6 hours agoDelta Air Lines and will not be invited to invest in Japan Airlines until after a new management has been put in place, if ever, Reuters reported, citing a person familiar with the matter. The government has sounded out Kazuo Inamori, the 77-year-old honorary chairman of electronics components maker , about becoming JAL’s new chief executive officer and overseeing its restructuring, the report added. Japan fund leaning towards JAL delisting - source Reuters |
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Obama: No plan to deploy to YemenLos Angeles Times - 9 hours agoWashington - President Obama says he has no intention of sending American troops to Yemen or Somalia. Obama told People magazine in an interview to be published Friday that he still believes the center of Al Qaeda activity is along the border between Afghanistan and Pakistan. Obama Plays Down Military Role in Yemen New York Times Al-Qaeda veterans 'are flooding into Yemen'UK Telegraph - 22 hours agoDozens of Saudi and Egyptian veterans of al-Qaeda's operations in Afghanistan have been pouring into Yemen, a senior official has warned. In the gloomiest internal assessment of Yemen's security yet, he said jihadis from across the Arab world are hiding in the lawless hills of Shabwa province where the so-called Christmas Day "underwear bomber" is thought to have been trained, its governor, Ali Hasan al-Ahmadi, said. Petraeus: U.S. Won't Send Troops to Yemen Wall Street Journal |
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Chinese financials lead Asia higherMarketWatch - 7 hours agoHONG KONG (MarketWatch) -- Asian stock markets ended mostly higher Monday, with Shanghai equities lifted by brokerages after China's cabinet approved market-reform measures such as the launch of index futures and short-selling. Most other regional markets also gained, with a sharp increase in commodity prices spurring resource stocks. Australian Gold Stocks Up Wall Street Journal Vietnam's Qantas/Jetstar probe to last monthsReuters - 13 hours agoCANBERRA (Reuters) - Australia's Qantas Airways Ltd ( QAN.AX ) expects an investigation into loss making fuel-hedging in its Vietnamese joint venture airline to run for months after two executives were barred from leaving the country. Jetstar Pacific Chief Operating Officer Daniela Marsilli and Chief Financial Officer Tristan Freeman are unable to leave Vietnam as authorities investigate trades that resulted in a $31 million loss for the airline in 2008-09. Qantas CEO: Employees Are Innocent Wall Street Journal |
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MarketWatch First Take: Issa's story on Geithner has holesMarketWatch - 1 hour agoNEW YORK (MarketWatch) -- The campaign to get Treasury Secretary Timothy Geithner in front of a congressional panel to discuss his relationship with American International Group Inc. in 2008 may have an unlikely supporter: Geithner. By the looks of it last week, Rep. Darrell Issa (R-Calif.) struck what could have been the most damaging blow to the Treasury Secretary's career since he took office last year. Under Fire Again, Geithner Said to Retain Support New York Times How would a new health insurance pool work?Los Angeles Times - 9 hours agoReporting from Washington - I hear the healthcare bill will create an immediate insurance pool for people who can't get insurance. Both the House and Senate bills would provide $5 billion to create a temporary insurance pool until an insurance exchange is up and running. The Health Choices Czar Wall Street Journal China market reform may end Shanghai-HK price gapMarketWatch - 11 hours agoHONG KONG (MarketWatch) -- Beijing's approval of stock-index futures and additional reforms designed bring its markets into line with other major bourses should help shrink the valuation gap that has kept yuan-denominated shares at a premium to similar shares listed in Hong Kong, analysts said. China's State Council approved Friday the launch of stock-index futures and a trial program for short selling and margin trading -- the purchase of stock using brokerage loans. In Hong Kong, Mollycoddling Over Rusal IPO Wall Street Journal |
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Race Riots Grip Italian Town, and Mafia Is SuspectedNew York Times - 14 hours agoROME — More than a thousand African workers were put aboard buses and trains in the southern Italian region of Calabria over the weekend and shipped out to immigrant detention centers, following some of the country’s worst riots in years. Rioting by immigrants, mostly African, in Rosarno on Friday was some of Italy's worst in years. Pope condemns 'exploitation' of immigrants UK Telegraph |
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Corrected: Israel urges Hamas to rein in Gaza militant groupsReuters - 6 hours agoTEL AVIV (Reuters) - Israeli Defense Minister Ehud Barak urged the Gaza Strip's Hamas rulers Monday to rein in militant groups behind a surge in attacks on Israel, coupling his appeal with a veiled threat of Israeli action. "I think the recent days reflect the inability of Hamas to control the dissident groups, the Popular Committees or Islamic Jihad, who are trying to break the tranquility," Barak told Reuters during the unveiling of an Israeli anti-rocket system due to be deployed outside the Gaza Strip by June. Israel urges Hamas to rein in Gaza militant groups Reuters |
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Hoeven Plans Bid for N.D. Senate SeatNew York Times - 25 minutes agoNorth Dakota Gov. John Hoeven, a widely popular Republican, will announce that he is running for Senate on Monday evening, according to a state Republican official, a decision that likely increases the ’s odds of capturing the seat. Mr. Hoeven, the longest serving governor in the country, is set to make his Senate campaign official in Bismarck, North Dakota’s capital. Gov. Hoeven to announce for Senate Politico |
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Spain dreams of 'economic government' in EuropeUK Telegraph - 3 days agoThe Spanish government intends to introduce the initiative at an EU summit in Brussels on February 11 which will focus on ways to revive sluggish growth, Prime Minister Jos? Luis Rodriguez Zapatero told reporters on Thursday. In doing so, Madrid is clearly posting its desire to play a leading role in European affairs despite the new leadership dynamic created by the Lisbon reform treaty, under which Belgium's Herman van Rompuy has become the European Union's first permanent president. New Treaty for E.U., but Same Jostling for Power New York Times |
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CIA director defends agency after Afghanistan suicide blastChristian Science Monitor - 18 hours agoThe director of the Central Intelligence Agency has spoken out to defend the agency against accusations that lax security allowed a Jordanian man to kill seven CIA agents and agency contractors when he blew himself up in Khost Province, Afghanistan on Dec. 30. In an opinion piece published in Sunday's Washington Post, Leon Panetta stridently denied reports that the deaths were made possible by the agency???s ???poor tradecraft.??? Bomber triggers switch before pat-down Denver Post Karzai offers new Cabinet lineupLos Angeles Times - 2 days agoReporting from Kabul, Afghanistan — President Hamid Karzai snubbed two prominent warlord figures in a new Cabinet lineup unveiled today but unexpectedly offered a ministerial spot to the leader of a political party founded by a key Pakistan-based insurgent commander. The list of Cabinet nominees also included three female ministers, including a prominent women's-rights activist chosen as minister of women's affairs. Rejected cabinet picks omitted from new Karzai list Reuters |
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