Regulators shut down banks in Nevada and Washington on Friday, marking the 21st and 22nd failures this year of federally insured banks. The Federal Deposit Insurance Corp. was appointed receiver of Carson River Community Bank, based in Carson City, Nev. and…

Federal Deposit Insurance Corporation – Nevada – Bank – Business – United States

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FDIC shuts down banks in Nevada and Washington

The Chinese cyber attacks that Google Inc. reported last month may have targeted more than 100 companies, a larger number than previously thought, according to security research firm ISEC Partners Inc.

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Attacks on Google May Have Hit at Least 100 Companies (Update1)

Thirteen people have been killed in a fireworks explosion in southern China, and more than 30 have been injured. A police official in Puning city in the southern province of Guangdong confirmed Friday evening’s explosion and deaths and said police are…

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13 killed in fireworks blast in southern China

Stocks capped their best month since November with modest gains, lifted by some improvement in U.S. economic data, although worries about consumer spending and sovereign debt kept a lid on optimism. The Dow Jones industrial average yesterday rose 4.23 points…

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Despite doubts, stocks inch higher

Regulators have shut down Carson River Community Bank in Nevada, marking the 21st failure this year of a federally insured bank. The Federal Deposit Insurance Corp. has been appointed receiver of the bank, based in Carson City, Nev. It had $51.1 million in…

Federal Deposit Insurance Corporation – Nevada – Bank – Business – United States

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FDIC closes bank in Nevada for year’s 21st closure

Mitsu Yasukawa/The Star-LedgerTom Coates, a manager at PSE&G’s delivery emergency response center, gives a tour of the Newark bunker the company uses during emergency situations.To prepare for this latest snowstorm, Anthony Ramirez packed his toothbrush in an overnight bag…

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PSE&G’s response center has seen a lot of use this winter

EMC Corp., the world’s biggest maker of storage computers, will restate 2009 earnings, lowering profit by 2 cents a share, because of costs from an expected settlement of a U.S. Department of Justice lawsuit.

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EMC Restates 2009 Profit Because of Settlement Costs (Update2)

Young adults who used marijuana as teens were more likely than those who didn’t to develop schizophrenia and psychotic symptoms including hallucinations and delusions, an Australian study found.

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Long-Time Marijuana Use Linked to Psychosis in Young Adults

Oregon became the sixth state to approve Frontier Communications Corp.’s purchase of the local fixed-line phone business of Verizon Communications Inc. The deal, expected to close in the April-June quarter, now requires the approval of the Federal…

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Oregon is 6th state to OK Frontier, Verizon deal

The federal government fell further into the red in 2009, with its financial position hitting a deficit of $11.46 trillion. That figure is 12.3 percent higher than the previous year, according to a new report issued by the Treasury Department on Friday. The…

United States Department of the Treasury – Federal government of the United States – United States – Treasury Department – Business

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Report shows government’s liabilities surging

They worked hard, they triumphed, and then they played hard _ the way athletes so often do. And yet the photos of the Canadian women hockey players joyously feting their gold medal with beer, champagne and cigars struck some as jarring, or at least…

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Across Web, many defend Canadian women’s carousing

Citigroup Inc. CEO Vikram Pandit received $128,751 in compensation for 2009 as the bank suffered huge losses on risky investments and failing consumer loans, according to an Associated Press analysis of a regulatory filing disclosed Friday. Pandit agreed in…

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Citigroup CEO Pandit earns $128,000 in 2009 pay

Colombia’s constitutional court ruled against allowing a referendum on permitting presidents to run for three consecutive terms, dashing Alvaro Uribe’s chances of holding office for 12 years.

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Colombia Court Rejects Referendum on Uribe Third-Term (Update2)

Auto parts supplier ArvinMeritor Inc. said Friday it has priced its offering of $250 million in senior unsecured notes with an interest rate of 10.625 percent. The notes will mature in March 2018. The offering is expected to close on March 3, subject to…

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ArvinMeritor prices $250 million notes offering

A House lawmaker said Friday that internal Toyota documents show the automaker deliberately withheld key vehicle design and testing evidence in lawsuits filed by Toyota drivers injured in crashes. In a letter to Toyota’s top North American executive, House…

Toyota – Edolphus Towns – United States House Committee on Oversight and Government Reform – Automotive industry – United States

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Lawmaker: Toyota withheld crash lawsuit evidence