ATHENS (Reuters) – Germany, France and the Netherlands plan to buy Greek bonds to help Athens cope with a severe debt crisis, a German member of the European Parliament told Greek television on Saturday.
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Germany, France, Netherlands to buy Greek bonds: MEP
White House social secretary Desiree Rogers is stepping down, three months after she came under criticism for her handling of a state dinner that was crashed by a Virginia couple.
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White House Social Secretary Rogers Steps Down (Update1)
NEW YORK (Reuters) – Warren Buffett has said the hundreds of billions of dollars of taxpayer-funded bailouts of corporate America will eventually pay off.
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Buffett: Bailouts not just for CEOs
India’s government must be ready to take “corrective steps” to achieve its fiscal deficit- reduction target for next year should its budget assumptions start falling through, an aide to the prime minister said.
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India to Be Ready to ‘Correct’ Budget If Fiscal Target at Risk
Apple Inc. said three of its suppliers hired 11 underage workers to help build the iPhone, iPod and Macintosh computer last year, a violation it uncovered as part of its onsite audit of 102 factories.
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Apple Says Children Were Used to Build iPhone, iPod (Update1)
The Pacific area, including Hawaii, is being warned of tsunamis that may generate “widespread damage,” and the U.S. and Canadian west coasts and Alaska have been put on a tsunami alert, government forecasters said.
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Hawaii Warned of Tsunami; U.S. West Coast on Alert (Update1)
SANTIAGO (Reuters) – Chile’s Codelco, the world’s top copper producer, suspended operations at its El Teniente and Andina mines after a powerful quake hit Chile on Saturday, a company spokesman said.
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Chile’s Codelco halts two mines due quake
Warren Buffett’s Berkshire Hathaway Inc. said fourth-quarter profit jumped on the recovery of derivative bets tied to the world’s stock markets.
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Berkshire Profit Jumps to $3.1 Billion on Derivatives (Update2)
Apple Inc. said three of its suppliers hired 11 underage workers to help build the iPhone, iPod and Macintosh computer last year, a violation it uncovered as part of its onsite audit of 102 factories.
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Apple Says Children Were Used By Partners to Build iPhone, iPod
Michael Jordan has agreed to buy controlling interest in the National Basketball Association’s Charlotte Bobcats.
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Jordan Agrees to Controlling Stake of NBA’s Charlotte Bobcats
LONDON/NEW YORK (Reuters) – Prudential , Britain’s largest insurer, is in advanced talks to buy the Asian arm of American International Group in a deal worth about $35.5 billion, sources familiar with the matter said on Saturday.
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UK’s Prudential negotiates $35.5 billion deal for AIG unit
NEW YORK (Reuters) – Warren Buffett’s Berkshire Hathaway Inc said fourth-quarter profit surged, helped by derivatives bets tied to global stock markets, though operating profit fell 40 percent as the weakened economy weighed on several businesses.
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Berkshire net rises, Buffett sees housing rebound
Colombia’s President Alvaro Uribe said he would respect a court ruling that bars him from holding a third consecutive term in office, opening the way for former Defense Minister Juan Manuel Santos to stand for office.
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Colombia’s Uribe to Retire, Opening Path for Santos (Update1)
Authorities are investigating vandalism at a University of California Davis dorm room occupied by a Jewish student. The student this week found a two-inch swastika carved into her dorm room door. The freshman student, who asked not to be identified, told…
University of California Davis – University of California – Vandalism – California – Jew
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Vandal hits Jewish student’s UC Davis dorm room
In a Feb. 27 All Business column about former executives’ consulting deals, The Associated Press reported erroneously that outgoing Regions Financial CEO C. Dowd Ritter’s consulting contract calls for 75 hours of work in the first year. It calls for 75 days…
Regions Financial Corporation – Business – Financial services – Management – Consulting
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Correction: All Business column