Daily News Digest: Business News

Yahoo! Alerts

Yahoo! News | My Alerts | Edit Alert

Sunday, March 28, 2010 12:01 AM PDT

Sponsored Link Special Offer - Free Trial of Blockbuster.com Rent Movies from Blockbuster.com. Delivered Direct To Your Mailbox. Click here to start today. www.Blockbuster.com

Today's Business News: UAE: head of largest sovereign wealth fund missing Take two: Gov't tries new fix for mortgage crisis Obama announces 15 recess appointments, scolds GOP Moth forces wine country's secret into the open 3M sees 1Q charge of $85M-$90M for health reform NJ county's Sunday buying ban may be checking out FTSE 100 falls at open Economic growth revised slightly lower in Q4 AutoNation's Jackson made almost $5.2M in 2009 Greece to launch bond issue next week: report Obama: Loan changes overcome 'politics of moment' Iceland's premier pressing IMF on bailout review Big-time hacker from Miami sentenced in 3rd case End of Home-Buyer Programs May Delay Housing Recovery Drivers catch a break as gas prices hold steady GM recalls 5,000 US vans Three Top B-Schools Look for New Deans UAE: head of largest sovereign wealth fund missing Sat, 27 Mar 2010 09:48 am PDT AP - Rescue workers were scouring an artificial Moroccan lake Saturday in search of the head of Abu Dhabi's sovereign wealth fund — the world's largest — who went missing after his glider crashed. Full Story Top Take two: Gov't tries new fix for mortgage crisis Fri, 26 Mar 2010 03:27 pm PDT AP - The government's bold new plan to stem the foreclosure crisis aims to succeed where previous efforts have fallen flat. Yet just as before, the odds are long, and many struggling borrowers won't qualify. Full Story Top Obama announces 15 recess appointments, scolds GOP Sat, 27 Mar 2010 10:29 pm PDT AP - Fed up with waiting, President Barack Obama announced Saturday he would bypass a vacationing Senate and name 15 people to key administration jobs, wielding for the first time the blunt political tool known as the recess appointment. Full Story Top Moth forces wine country's secret into the open Sat, 27 Mar 2010 07:21 pm PDT AP - One of the dirty secrets of California's wine country is now on everyone's lips. Somehow a voracious grape-eating moth has found its way nonstop from Europe to the heart of the Napa Valley, the land of three-figure cabernet. With valuable fruit at risk, the region's fast and loose play with federal agriculture quarantine laws is getting new scrutiny from investigators and researchers. Full Story Top 3M sees 1Q charge of $85M-$90M for health reform Fri, 26 Mar 2010 03:13 pm PDT AP - 3M Co., which makes a myriad of products including Post-Its and Scotch Tape, said Friday it expects to take a one-time noncash charge of $85 million to $90 million due to changes in tax deductions relating to the newly enacted health care law. Full Story Top NJ county's Sunday buying ban may be checking out Sat, 27 Mar 2010 01:17 pm PDT AP - During a powerful storm that flooded basements, uprooted trees and left tens of thousands of families without power through a late winter weekend, residents of one New Jersey county had to wait till Monday morning to buy sump pumps, generators and other cleanup tools at local stores. Full Story Top FTSE 100 falls at open Fri, 26 Mar 2010 01:27 am PDT AFP - Leading shares fell at the start of trading on Friday as investors reacted to news of an unprecedented EU deal to tackle Greece's debt mountain. Full Story Top Economic growth revised slightly lower in Q4 Fri, 26 Mar 2010 01:52 pm PDT Reuters - The U.S. economy grew at a slightly less brisk pace in the fourth quarter than previously estimated and the momentum is expected to slow this year as a boost from inventories fades. Full Story Top AutoNation's Jackson made almost $5.2M in 2009 Fri, 26 Mar 2010 11:23 am PDT AP - The Associated Press says AutoNation CEO Mike Jackson made $5.2 million last year, about twice as much as the previous year as the auto retailer posted a profit amid the worst U.S. auto sales market in decades. Full Story Top Greece to launch bond issue next week: report Sat, 27 Mar 2010 02:37 pm PDT AFP - Greece will launch a multi-billion euro bond issue next week, the Financial Times reported Saturday, after a rescue deal by European Union leaders to help the country out of its debt crisis. Full Story Top Obama: Loan changes overcome 'politics of moment' Sat, 27 Mar 2010 05:04 pm PDT AP - Big changes in the student loan program will help make college more affordable for students and their debt load more manageable after graduation, President Barack Obama says. Full Story Top Iceland's premier pressing IMF on bailout review Fri, 26 Mar 2010 03:02 pm PDT AP - Iceland's prime minister said Friday she was pressing the International Monetary Fund to hasten a review to determine the next batch of bailout funding for the nation's struggling economy. Full Story Top Big-time hacker from Miami sentenced in 3rd case Fri, 26 Mar 2010 04:06 pm PDT AP - For the second time in as many days, a computer hacker accused of one of the largest-ever thefts of credit and debit card numbers stood before a federal judge and apologized for his actions. Full Story Top End of Home-Buyer Programs May Delay Housing Recovery Sat, 27 Mar 2010 02:30 pm PDT Time.com - Big federal programs to help the housing market are soon to end, and a rush of foreclosures may be about to begin. The bottom line, analysts say, is a sideways movement for sales and prices, with a risk that things could get worse Full Story Top Drivers catch a break as gas prices hold steady Fri, 26 Mar 2010 01:39 pm PDT AP - Motorists filling up for weekend driving caught a small break at the pump Friday, as average retail gasoline prices held steady at the same level as a week ago. Full Story Top GM recalls 5,000 US vans Sat, 27 Mar 2010 02:25 pm PDT AFP - General Motors has announced a recall of 5,000 heavy-duty vans over engine fire risks, promising to halt production and sale of the vehicles until it can fix a faulty alternator. Full Story Top Three Top B-Schools Look for New Deans Fri, 26 Mar 2010 05:08 am PDT BusinessWeek - (Corrects date of Snyder's departure and clarifies that the school's 150% endowment growth under Snyder does not include a $300 million gift from alumnus David Booth.) Full Story Top

You received this email because you subscribed to Yahoo! Alerts. Use this link to unsubscribe from this alert. To change your communications preferences for other Yahoo! business lines, please visit your Marketing Preferences. To learn more about Yahoo!'s use of personal information, including the use of web beacons in HTML-based email, please read our Privacy Policy. Yahoo! is located at 701 First Avenue, Sunnyvale, CA 94089.