Search:    
 Thursday, March 11, 2010 
 
    
 
CNN.com Market News

Strongly felt quakes shake Chile inauguration (AP)

Chile's President-elect Sebastian Pinera, left, shake hands with Colombia's President Alvaro Uribe during a meeting in Santiago, Wednesday, March 10, 2010. Uribe is in Chile to attend Pinera's inaguration on Thursday 11. (AP Photo/Martin Mejia)AP - Two strongly felt earthquakes have rocked central Chile as dignitaries arrive for the inauguration of President-elect Sebastian Pinera.




First-time jobless claims drop slightly last week (AP)

In this March 9, 2010 photo, Damashata Washington looks for work at Work 2 Future, a federally funded job training center, in San Jose, Calif. The number of newly laid-off workers requesting unemployment benefits fell last week, the latest sign the employment picture is slowly brightening.(AP Photo/Marcio Jose Sanchez)AP - The number of newly laid-off workers requesting unemployment benefits slipped last week, the latest sign the employment picture is slowly brightening.




Early results: Iraqi PM winning in 2 provinces (AP)

An electoral worker sorts through ballots cast in the national election in Baghdad, Iraq, Wednesday, March 10, 2010. Iraqi and UN officials say the first results from this week's parliamentary elections are likely to be released on Thursday. (AP Photo/Karim Kadim)AP - Early results from Iraq's key election began coming in Thursday, showing a coalition led by the prime minister ahead in two southern Shiite provinces where he was opposed by hard-line religious parties with close ties to Iran.




Democrats, White House close in on health bill (AP)

House Speaker Nancy Pelosi (D-CA) speaks about healthcare reform at her weekly news conference on Capitol Hill in Washington, March 4, 2010. REUTERS/Jose Luis MaganaAP - A final agreement nearly in hand, President Barack Obama and Democratic leaders are about to embark on one last sales job that will determine the outcome of the president's signature health care overhaul.




Greece hit by strikes, riots over austerity plan (AP)

A riot police officer tries to avoid a stone and a flare during clashes in central Athens, Thursday, March 11, 2010. Savage street clashes erupted between rioting youths and police in central Athens Thursday as more than 30,000 people demonstrated during a nationwide strike against the cash-strapped government's austerity measures.(AP Photo/Petros Giannakouris)AP - Serious street clashes erupted between rioting youths and police in central Athens Thursday as some 30,000 people demonstrated during a nationwide strike against the cash-strapped government's austerity measures.




Dodd to offer his own financial regulation bill (AP)

Construction workers stand on scaffoldings at an overhead light railway system project in Manila in 2009. The Philippine central bank said Thursday it had kept interest rates unchanged but would phase out AP - WASHINGTON AP) — Senate Banking Committee Chairman Christopher Dodd plans to offer his own version of a financial regulation bill as bipartisan talks have failed to yield agreement on consumer protections and other sticking points.




KC superintendent says school closings are painful (AP)

In this photo taken Feb. 28, 2010, the Kansas City Board of Education building, located near the Sprint Center, is seen from McGee Street, in Kansas City, Mo. Sale of the building would help as the board tries to cut $50 million from next years budget. (AP Photo/Orlin Wagner)AP - Kansas City School Superintendent John Covington says the decision to close almost half the district's schools was difficult and painful but "unquestionably the right thing to do."




Mexico's Slim becomes 'world's richest' person (AP)

FILE - In this Nov. 18, 2008 file photo, Mexican businessman Carlos Slim visits the Museo Alameda where some of his personal art collection is on display in San Antonio. On March 10, 2010, Forbes announced that Slim claims the title of world's richest person with a net worth of $53.5 billion.  (AP Photo/Eric Gay, File)AP - Mexican telecom tycoon Carlos Slim is the first man from a developing nation to become the world's richest person — a shift that underlines the loosening of America and Europe's stranglehold on the top spots in the billionaires' club.




'Big Mike' draws tears, cheers on 'American Idol' (AP)

In this publicity image released by Fox, the 12 male finalists for the ninth season of the reality singing competetion, 'American Idol,' front row from left, Andrew Garcia, John Park, Tyler Grady, Joe Munoz and Jermaine Sellers and, back row, from left, Lee Dewyze, Aaron Kelly, Tim Urban, Michael Lynche, Todrick Hall, Casey James and Alex Lambert, are shown. (AP Photo/Fox, Patrick Ecclestein)AP - Michael "Big Mike" Lynche made Kara DioGuardi cry and turned the rest of the "American Idol" judges giddy with a moving performance of "This Woman's Work."




A-Rod: Lawyers are setting up interview with feds (AP)

New York Yankees' Alex Rodriguez slaps a pitch from Pittsburgh Pirates pitcher Paul Maholm up the middle, driving in two runs during a spring training baseball game in Bradenton, Fla., Monday, March 8, 2010.  (AP Photo/Gene J. Puskar)AP - Alex Rodriguez may soon be talking to federal authorities, and he hopes it will happen close to spring training.




Chile aftershock measured at 7.2 magnitude (Reuters)

Journalists and invited guests to the inauguration of Sebastian Pinera as Chile's new president react to an aftershock a few minutes before the start of the ceremony inside Congress in Valparaiso March 11, 2010. Chile was hit by an 8.8-magnitude earthquake on Feb. 27 that killed hundreds. REUTERS/Ivan AlvaradoReuters - A 7.2 magnitude aftershock struck near Chile's capital Santiago on Thursday, the U.S. Geological Survey said.




Biden appeals for Mideast peace talks without delay (Reuters)

British journalist Paul Martin enters Israel through the Erez border crossing after he was released March 11, 2010. Martin left the Gaza Strip on Thursday after nearly four weeks in a Hamas-run Palestinian jail facing accusations of spying for Israel. REUTERS/Amir Cohen (ISRAEL - Tags: POLITICS)Reuters - Vice President Joe Biden called on Thursday for Israeli-Palestinian peace talks to start without delay despite Palestinian insistence that Israel first cancel a settlement project condemned by Washington.




Police clash with protesters as Greeks fight cuts (Reuters)

Former employees of privatized Olympic Airways stand behind barricades in front of Greece's General Accountants office in Athens March 10, 2010. REUTERS/Yiorgos KarahalisReuters - Police clashed with stone-throwing youths in Athens on Thursday as tens of thousands protested draconian cutbacks aimed at pulling Greece out of a debt crisis shaking the euro zone.




PM Maliki leads Iraq vote in two provinces (Reuters)

An Iraqi soldier secures workers unloading boxes of parliamentary election ballots at a tally centre in Baghdad March 9, 2010. Iraq held their parliamentary election on Sunday. REUTERS/Thaier al-SudaniReuters - Preliminary results from Iraq's national election began to trickle in on Thursday, showing Shi'ite Prime Minister Nuri al-Maliki ahead in the country's largely Shi'ite south.




Volcker rule gets lift in Senate amid reform talks (Reuters)

Chairman of the President's Economic Recovery Advisory Board Paul Volcker testifies before the Senate Banking, Housing, and Urban Affairs Committee on Capitol Hill in Washington in this February 2, 2010 file photo. REUTERS/Jim YoungReuters - The controversial "Volcker rule" to curb risky trading by banks got a boost in the Senate on Wednesday, as two Democrats introduced a bill that would enact and expand the rule.




BP to pay Devon $7 billion for oil fields (Reuters)

A British Petroleum (BP) sign is seen at a petrol station in south London July 29, 2008. REUTERS/Dylan MartinezReuters - London-based oil major BP has agreed to buy Brazilian, Azeri and Gulf of Mexico assets from Devon Energy for $7 billion, as the U.S. producer refocuses on onshore U.S. fields.




Obama: Time for talk is over on healthcare bill (Reuters)

President Barack Obama welcomes El Salvador's President Mauricio Funes (not shown) to the Oval Office of the White House in Washington, March 8, 2010. REUTERS/Larry DowningReuters - President Barack Obama declared on Wednesday the "time for talk is over" and urged the U.S. Congress to vote on healthcare as his health secretary directly challenged insurers to forgo profits to make coverage more affordable.




Senate passes $149 billion for jobless aid (Reuters)
Reuters - The Senate on Wednesday passed a $149 billion package of jobless aid and tax breaks, as Democrats continued efforts to lower the 9.7 percent unemployment rate before congressional elections in November.

Mideast talks hopes in tatters (AFP)

US Vice President Joe Biden and Palestinian president Mahmud Abbas read a statement to the press following their meeting in the West Bank city of Ramallah. Prospects for indirect peace talks lay in tatters on Thursday after the Palestinians said they would not negotiate with Israel unless it reversed plans to build 1,600 settler homes in east Jerusalem.(AFP/David Furst)AFP - Prospects for indirect peace talks lay in tatters on Thursday after the Palestinians said they would not negotiate with Israel unless it reversed plans to build 1,600 settler homes in east Jerusalem.




Police battle demonstrators in strike-hit Greece (AFP)

Greek police detain a demonstrator in Athens during a 24-hour general strike to protest against the government's austerity plan to solve country's debt crisis. Greek police battled demonstrators as the country ground to a halt in the latest protest strike against government austerity measures aiming to end a crippling debt crisis.(AFP/Aris Messinis)AFP - Greek police battled demonstrators on Thursday as the country ground to a halt in the latest protest strike against government austerity measures aiming to end a crippling debt crisis.