| U.S. government kicks off Detroit auto showMarketWatch - 14 minutes agoDETROIT (MarketWatch) -- The U.S. government, a deep-pocketed investor in the car business these days, made its presence known early at the 2010 North American International Auto Show in Detroit on Monday. Transportation Secretary Ray LaHood, much like a man with skin in the car game, delivered the first rah-rah presentation of the day while Speaker of the House Nancy Pelosi is slated to close Monday's showcase on the main stage. Ford Fusion Hybrid wins Car of the Year CNN White House Considers Bank FeesWall Street Journal - 1 hour agoWASHINGTON -- The Obama administration is considering levying a fee on banks to recoup more of the taxpayer funds spent to rescue the financial system, according to an administration official. The proposal is still subject to discussion and no final decision has been made as to what form it might take. Obama Weighs Bank Fee to Help Cut the Federal Deficit New York Times | |
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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 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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The Slow Unraveling Of The Dodd MystiqueChicago Tribune - 1 day agoAfter living a charmed political life for more than 30 years, Sen. Christopher Dodd collided with 's maxim that "behind every cloud is another cloud." Dodd managed the rare trick of turning some isolated storms into a deluge that forced him to abandon his race for re-election. The Slow Unraveling Of The Dodd Mystique Chicago Tribune JAL lenders to cave in to bankruptcy plan-sourcesReuters - 2 days agoTOKYO (Reuters) - The main lenders to Japan Airlines plan to accept a restructuring package that would require the carrier to file for bankruptcy, sources said, increasing the likelihood of a state bailout this month. A state-backed turnaround fund plans to establish a credit line of more than 600 billion yen ($6.5 billion) along with a state-owned bank to ensure JAL can keep flying once a bankruptcy is announced, a source with the knowledge of the matter said. Japan government to explain to 35 nations on JAL: report Reuters China again denounces U.S. arms sale to TaiwanReuters - 2 days agoBEIJING (Reuters) - China on Saturday again denounced U.S. arms sales to Taiwan, saying they were an intrusion in Chinese internal affairs that risked undermining its relations with the United States. The latest condemnation by the Chinese Foreign Ministry was directed at a $1.1 billion order received by Raytheon Co for ground-system hardware to support Taiwan's Patriot air defense capability. China complains about arms sales to Taiwan CNN |
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Debt Plan in Argentina Sets Bank Against the PresidentNew York Times - 14 hours agoRIO DE JANEIRO — A disputed plan by President Cristina Fern?ndez de Kirchner of to use billions of dollars in foreign currency reserves to repay debt has inflamed political tensions in that country, Latin America’s third-largest economy. Mrs. Kirchner’s cash-poor government is seeking to use $6.5 billion of Argentina’s nearly $48 billion in central bank reserves to help cover $13 billion in international debt that is due this year. Argentine Leader in Decisive Battle Wall Street Journal Bank CEOs to answer for financial crisisCNN - 2 days agoWASHINGTON (CNNMoney.com) -- As lawmakers start trickling back to Washington next week, a panel tasked with investigating the financial crisis is set to make its first big splash. The Financial Crisis Inquiry Commission, a 10-member panel appointed last summer by Congress, will hold public hearings on Wednesday and Thursday. Top Bankers to Testify Next Week Wall Street Journal |
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After New Jersey defeat, gay marriage advocates turn to courtsChristian Science Monitor - 2 days agoHours after the New Jersey Senate voted against a bill Thursday to legalize same-sex marriage, a coalition of gay-rights advocates said they would make their case in the state???s Supreme Court. With the nationwide campaign to legalize gay marriage suffering a series of setbacks in recent months ??? a ballot measure was defeated in Maine last November and a bill rejected by the New York Senate ??? many advocates see the courtroom as the most likely venue for opening marriage to gay and lesbian couples in the near term. Emily Esfahani Smith: Washington, Gay Marriage and the Catholic Church Wall Street Journal |
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