Daily news

Daily Business news, Financial news & World news

A task force formed after the terrorist attacks of Sept. 11 to bring Arab- and Muslim-Americans together with local and federal authorities became a national model. But members say recent allegations that the FBI hired informants to infiltrate mosques have…

Email this Article
Add to del.icio.us
Add to digg
Add to Facebook

Read more from the original source:
Detroit feds, Arabs say allegations cause strains

Read more here:
Why Google Wants to Make Nice

Original post:
Why Google Wantsto Make Nice

CHARLOTTE, North Carolina (Reuters) – Bank of America Corp Chief Executive Kenneth Lewis appeared to survive a push by angry shareholders to push him off the bank’s board — though they may strip him of his job as chairman of the largest U.S. bank.

More here:
BofA CEO seems to survive push for board ouster

NEW YORK (Reuters) – U.S. stocks rose on Wednesday as the Federal Reserve said the pace of economic deterioration appeared to be slowing, lifting the S&P 500 to levels last seen in January.

Read more here:
Market hits 3-month highs after Fed comments

The Fed confirmed what Wall Street has already concluded: The recession is starting to ease. Federal Reserve policymakers said at the end of a two-day meeting that while the economy is still receding, the pace of decline “appears to be somewhat slower” than…

Email this Article
Add to del.icio.us
Add to digg
Add to Facebook

Here is the original:
Stocks extend gains as Fed sees recession easing

Reports of debt slavery reached record numbers in Brazil last year, and most of the cases were connected to the nation’s booming sugarcane ethanol sector, according to a report released Wednesday by a watchdog group. The report from the Catholic Land…

Email this Article
Add to del.icio.us
Add to digg
Add to Facebook

Brazil slave labor complaints rise

Chemical manufacturing company DuPont Co. said Wednesday that Samuel W. Bodman, former U.S. secretary of energy, was elected to its board during the company’s annual shareholders meeting. Bodman, 70, served as deputy treasury secretary and deputy commerce…

Email this Article
Add to del.icio.us
Add to digg
Add to Facebook

Continued here:
DuPont names former secretary of energy to board

A storm dumped as much as 4 feet of snow on northwest Montana and piled it in drifts 12 feet high, blocking major highways Wednesday and isolating an entire town. Many schools were closed in the area along the Rocky Mountain Front. Officials said all roads in…

Email this Article
Add to del.icio.us
Add to digg
Add to Facebook

Up to 4 feet of snow in Mont. closes highways

See the rest here:
Stocks Soldily Higher after Fed Decision

NEW YORK (Reuters) – Oil prices climbed toward $51 per barrel on Wednesday as optimism that the U.S. recession was easing boosted markets and raised expectations of a rebound in energy demand from the world’s largest consumer.

Read more from the original source:
Oil rises on hopes recession easing

Three people briefed on the deal say Italian automaker Fiat Group SpA will sign paperwork by Thursday to become a partner with Chrysler LLC. The partnership is the last piece of a huge restructuring plan needed to keep Chrysler alive. The U.S. government has…

Email this Article
Add to del.icio.us
Add to digg
Add to Facebook

Excerpt from:
AP sources: Fiat to sign Chrysler partnership deal

NEW YORK (Reuters) – Warren Buffett’s Berkshire Hathaway will not report first-quarter earnings on Friday as expected, a spokeswoman said on Wednesday.

Excerpted from:
Berkshire Hathaway delays results

Massey Energy Co. shares soared more than 27 percent Wednesday after the coal producer announced plans to slash wages and benefits for all its employees by about 6 percent on average. The cuts planned for Friday probably will trim payroll between $50 million…

Email this Article
Add to del.icio.us
Add to digg
Add to Facebook

Read more from the original source:
Massey cuts pay amid slack coal demand

The United States and its allies must make sacrifices to close the Guantanamo Bay detention center, U.S. Attorney General Eric Holder said Wednesday in a high-profile appeal for Europe’s help. Holder spoke to the American Academy of Berlin, not long after…

Email this Article
Add to del.icio.us
Add to digg
Add to Facebook

See the original post here:
Holder urges allies to take share of detainees