NEW YORK (Reuters) – HCA Inc said on Friday it will pay its private equity owners a $1.75 billion dividend as the hospital operator reported preliminary fourth-quarter results showing net income fell nearly 22 percent and revenue rose 4.7 percent.

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HCA to pay owners $1.75 billion dividend

Asian stocks fell, dragging the benchmark MSCI Asia Pacific Index to its biggest weekly drop since March, as concerns mounted the region’s central banks will tighten monetary policy to curb inflation.

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Asian Stocks Post Worst Week Since March on Tightening Concerns

Regulators shut down a big bank in California on Friday, along with two banks in Georgia and one each in Florida, Minnesota and Washington. That brought to 15 the number of bank failures so far in 2010 atop the 140 shuttered last year in the punishing…

Florida – Federal Deposit Insurance Corporation – Bank failure – Georgia – Business

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Regulators shut down banks in 5 states

Argentina’s central bank President Martin Redrado resigned last night after a standoff with the government over its plan to use $6.6 billion in reserves to pay debt due this year.      “I have followed the Constitution, the law and the central bank rules,” Redrado said during a press conference in Buenos Aires. “My cycle has ended at the bank.”      President Cristina Fernandez de Kirchner tried to fire Redrado, 48, by decree on Jan. 7 for not backing her plan to tap reserves. A judge halted the measure the following day, saying Fernandez hadn’t notified Congress as required in the central bank charter. A bicameral commission, whose decision isn’t binding, began discussing the decree on Jan. 26.      Economy Minister Amado Boudou has said the government intends to name former central bank President Mario Blejer, who also worked at the International Monetary Fund and the Bank of England, to replace Redrado. Central Bank Vice President Miguel Pesce has been running the institution since police barred Redrado from entering its headquarters on Jan. 24.

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Argentine Central Bank President Quits Amid Reserves Dispute

Japan’s five-year notes rose for a third week as a government report showing deflation extended to a 10th month boosted the appeal of government debt.

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Japan’s Five-Year Notes Gain for 3rd Week as Deflation Lingers

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Reilly: N.Y. Fed’s ‘Secretive Banking Cabal’

Advanced trading systems helped Goldman Sachs oust JPMorgan Chase as the firm that got the best prices for its institutional clients

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Speed Trading Shakes Up Wall Street

First Citizens Bancshares Inc., the North Carolina-based lender with $18.5 billion in assets, expanded its West Coast operations as the number of U.S. bank collapses climbed to 180 since 2007.

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First Citizens Expands in U.S. West as Six More Banks Collapse

Asian currencies fell this week, led by South Korea’s won and the Philippine peso, on concern tighter lending controls in China will damp regional trade as worsening public finances in Greece curb demand for emerging- market assets.

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Asia Currencies Have Weekly Drop, Led by Won, on China Curbs

John Daly missed another cut and said Friday he was done with golf. Whether that meant for the rest of the West Coast Swing or the rest of his career would not be determined until the two-time major champion stopped going to PGA Tour events. Daly shot 71 at…

Golf – John Daly – PGA Tour – Sport – United States

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Daly says (again) he’s quitting

Walt Disney Co., the world’s biggest media company, closed its Miramax offices and made plans to distribute the six remaining pictures from the film studio founded by brothers Harvey and Bob Weinstein.

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Disney Shuts Miramax, Indy Studio Weinsteins Led to Oscar Glory

Toyota Motor Corp. President Akio Toyoda apologized for a widening recall crisis as the company prepares to explain plans to fix an accelerator pedal flaw that sparked a congressional inquiry and sales halt on eight models.

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Toyota’s Chief Apologizes as Company Races to Fix Recall Crisis

Google Inc.’s opposition to censorship in China was the one topic left off the table in Davos — at China’s request.

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China Bosses Davos as Nobody Discusses What Happened to Google

Argentina’s central bank President Martin Redrado resigned, saying the government has tried to destroy the bank’s independence and that he has sought to follow the law.

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Argentina’s Central Bank President Redrado Resigns (Update1)

Tesla Motors Inc., the maker of electric sports cars that hasn’t posted a profit in six years, filed for an initial public offering of shares to raise as much as $100 million.

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Electric-Car Maker Tesla Files for $100 Million IPO (Correct)