World News Center
Economy the focus as China political session ends (AP)
March 14, 2010
AP - China vowed Sunday to remain alert to any renewed signs of economic crisis, but said it will hold the line against critics urging an appreciation of its currency and will not seek an aggressive leading role in world affairs.
APNewsBreak: Probe questions runaway Prius story (AP)
March 14, 2010
AP - Investigators with Toyota Motor Corp. and the federal government were unable to make a Toyota Prius speed out of control as its owner said it did on a California freeway, according to a draft memorandum obtained Saturday by The Associated Press that casts doubt on the driver's story.
Premier: China's yuan to remain `basically stable' (AP)
March 14, 2010
AP - China's premier rejected foreign pressure over its exchange rate controls and said Sunday the Chinese currency will be kept "basically stable."
China wants US reassurance over dollar (AP)
March 14, 2010
AP - China's premier expressed concern about the U.S. dollar and called on Washington on Sunday to take "concrete steps" to reassure Beijing about the safety of its huge Treasury bond holdings.
GOP's Ryan Dissects ObamaCare, Lays Out 'Roadmap' To Health (Investor's Business Daily)
March 14, 2010Investor's Business Daily - Rep. Paul Ryan, R-Wis., took the national stage last month as he cut down Democratic health care plans point by point. If the GOP should win back the House In November, Ryan will become chairman of the House Budget Committee. And he has lots of ideas. He recently updated his "Roadmap for America's Future" to address many issues, including the budget deficit, entitlement programs, the tax system and health care.
China promises steps to boost imports (AP)
March 14, 2010
AP - China's premier promised Sunday to increase imports to promote trade and appealed to other nations to oppose what he said was rising global protectionism.
Verizon to list on Nasdaq as well as NYSE (AP)
March 14, 2010AP - Verizon Communications Inc. said Friday it will list its stock on the Nasdaq exchange along with its existing New York Stock Exchange listing.
Summary Box: Obama mulls choices for Fed vacancies (AP)
March 14, 2010AP - RESHAPING THE FED: President Barack Obama needs to fill three vacancies at the Federal Reserve. Janet Yellen, president of the Federal Reserve Bank of San Francisco, is his top pick to be vice chairman.
Nortel Networks posts profit in 4Q (AP)
March 14, 2010AP - Bankrupt telecom equipment maker Nortel Networks Corp. said Friday it posted a profit in the fourth quarter, thanks to a large gain related to an asset sale.
Euro finance ministers to agree on Greek aid: source (Reuters)
March 14, 2010
Reuters - Euro zone finance ministers are likely to agree on Monday on a mechanism for aiding Greece financially, if it is required, but will leave out any sums until Athens asks for them, an EU source said on Saturday.
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