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Friday, February 17, 2012

DAI: Wall Street edges higher ahead of Greece decision

Reuters
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02/17/2012
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LATEST NEWS
Wall Street edges higher ahead of Greece decision
NEW YORK (Reuters) - Stocks rose slightly on Friday, but investors stayed cautious before an long holiday weekend when hopes are set for Greece's bailout plan to be approved. | Full Article
World Bank opens nomination process for top job
February 17, 2012 04:15 PM ET
WASHINGTON (Reuters) - The World Bank on Friday launched the nomination process to select a new president to succeed Robert Zoellick when he steps down in June, inviting names from any of its 187 member countries. | Full Article
Shell moves closer to Arctic drilling with spill response
February 17, 2012 03:51 PM ET
WASHINGTON (Reuters) - Royal Dutch Shell's bid to drill in the Arctic this summer took another step forward on Friday when the U.S. Interior Department approved its oil spill response plan for the Chukchi Sea. | Full Article
Mitsui unit to pay $90 million over Gulf oil spill
February 17, 2012 04:04 PM ET
WASHINGTON (Reuters) - Mitsui & Co Ltd's MOEX Offshore agreed with the U.S. Justice Department to pay at least $90 million to settle some of its liability in the Deepwater Horizon oil spill, the first government settlement involving the BP Plc Macondo well. | Full Article
Gasoline pushes inflation up in January
February 17, 2012 02:28 PM ET
WASHINGTON (Reuters) - Gasoline prices jumped in January, leading overall consumer prices higher and offering a reminder of the risks energy costs pose to the economic recovery. | Full Article
US TOP NEWS
More work needed yet on elusive Greek bailout deal
February 17, 2012 12:30 PM ET
ATHENS (Reuters) - European leaders expressed optimism on Friday that Greece would secure a new rescue package worth 130 billion euros ($171 billion) though policymakers admitted urgent work was still needed to get its debt-cutting program back on track. | Full Article
Italian police seize $6 trillion of fake U.S. bonds
February 17, 2012 03:37 PM ET
POTENZA, Italy (Reuters) - Italian police said on Friday they had seized about $6 trillion worth of fake U.S. Treasury bonds and other securities in Switzerland, and arrested eight Italians accused of international fraud and other financial crimes. | Full Article
Congress extends payroll tax cut, sends to Obama
February 17, 2012 01:41 PM ET
WASHINGTON (Reuters) - Congress on Friday passed legislation extending a tax cut for 160 million workers through December and continuing long-term jobless benefits, handing President Barack Obama a major victory in this election year. | Full Article
Suspect arrested in Capitol suicide attack plot
February 17, 2012 03:20 PM ET
WASHINGTON (Reuters) - An illegal immigrant from Morocco was arrested near the Capitol on Friday after an undercover investigation into an alleged plot to carry out a suicide attack on the national landmark that houses Congress, U.S. officials said. | Full Article
German president resigns in setback for Merkel
February 17, 2012 12:29 PM ET
BERLIN (Reuters) - Angela Merkel's hand-picked choice for the ceremonial post of president resigned Friday in a scandal over political favors, dealing a blow to the German chancellor in the midst of the euro zone debt crisis. | Full Article
HEALTH NEWS
Deadly bird flu studies to stay secret for now: WHO
J&J recalls infant Tylenol due to bottle flaw
Diet soda tied to heart attack, stroke risks: study
Insurance eligibility improves medical care: study
Men opting for costly new prostate cancer treatment, study shows
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