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…
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Detroit feds, Arabs say allegations cause strains
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Why Google Wants to Make Nice
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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.
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.
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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…
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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…
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…
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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…
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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.
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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…
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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.
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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…
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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…
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Holder urges allies to take share of detainees