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Obama Asks Republicans to Health-Care Overhaul Talks (Update2) - Bloomberg.com

The discussion will allow “Republicans and Democrats to go through, systematically, all the best ideas that are out there and move it forward,” Obama said in an interview televised yesterday on CBS. He wants the discussion to be broadcast live, said a White House official who asked not

S&P 500 Plunge Fails to Shake Gabelli on Technology (Update1) - Bloomberg.com

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Feb. 8 (Bloomberg) -- The combination of record earnings growth and the fastest withdrawals from mutual funds since before credit markets froze is creating opportunities for Mario Gabelli . The biggest rally since the Great Depression has given way to a 7.3 percent retreat in the S&P 500
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S&P 500 Plunge Fails to Shake Gabelli From Wager on Technology - Bloomberg.com

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Feb. 8 (Bloomberg) -- The combination of record earnings growth and the fastest withdrawals from mutual funds since before credit markets froze is creating opportunities for Mario Gabelli . The biggest rally since the Great Depression has given way to a 7.3 percent retreat in the S&P 500
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European Stocks Post Fourth Weekly Drop as Banks Decline - Bloomberg.com

Feb. 6 (Bloomberg) -- European stocks fell for a fourth week, the longest losing streak since July, amid concern that Greece, Spain and Portugal will struggle to curb their budget deficits. The Dow Jones Stoxx 600 Index dropped 3.9 percent to 237.46 this week, the lowest level in three

U.S. Renewable Credit Market May Pass Before Carbon, Group Says - Bloomberg.com

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A national renewable electricity standard might pass Congress this year as a stand-alone measure, Thaddeus Huetteman , chairman of the Environmental Markets Association , said in an e- mail. Such a standard was part of cap-and-trade legislation that passed the House last year and stalled
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G7 finance chiefs meet to coordinate policies

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Group of Seven finance ministers and central bankers meet on the edge of the map today, with their policies all over it. As they gather 195 miles south of the Arctic Circle in Iqaluit, Canada, officials are seeking more unity on bank regulation after unilateral steps by the UK and US.
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Oil slumps to seven-month low on debt worries

Crude oil tumbled to a seven-week low as the US dollar surged on speculation European governments will struggle to fund deficits, reducing economic growth and prompting the sale of commodities. Oil dropped as much as 5 per cent after the euro slipped to the lowest level against the US

G7 finance chiefs meet to coordinate policies

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As they gather 195 miles south of the Arctic Circle in Iqaluit, Canada, officials are seeking more unity on bank regulation after unilateral steps by the UK and US. The end of collaboration, forged during the financial crisis, may soon spread to monetary and fiscal policies as economies exit
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JPMorgan’s Dimon Gets $17 Million Stock Award Bonus (Update2) - Bloomberg.com

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The 53-year-old banker, who got a $27.8 million bonus for 2007 and only a $1 million salary for 2008, received restricted stock units and options and no cash bonus for last year, spokesman Joseph Evangelisti said. The valuation of his 2009 bonus was based on a JPMorgan
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Stocks, Commodities Drop on Deficits, Jobs Concern; Euro Falls

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The MSCI World Index of 23 developed nations’ stocks slid 1 percent to a four-month low at 7:33 a.m. in New York. Futures on the Standard & Poor’s 500 Index slipped 0.4 percent. The euro weakened as much as 0.6 percent against the dollar. Copper fell to the lowest level since October and
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