MONEY: # Oil falls to near $101 amid Libya mediation hopes, # Huge New Poll Shows Chances Of Balancing Budget Are 0%, # When Governors Say No to Federal Crack
Oil drops as Libya peace plan mooted, stocks firm
Reuters – 2 hrs 2 mins ago SYDNEY (Reuters) – Oil prices dropped on Thursday as the Arab League said a peace plan for Libya put forward by Venezuela’s Hugo Chavez was under consideration, while upbeat U.S. economic news helped lift Asian stock markets. Full Story »
Exclusive: Twitter co-founder says not in stake sale talks
Reuters – 1 hr 11 mins ago
Treasury expects $6.3 billion from AIG’s MetLife sale
Reuters – Wed Mar 2, 9:52 pm ET
Business Slideshows
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ECB reviews bank support, to talk tough on inflation
Reuters – 9 mins ago
FRANKFURT (Reuters) – The European Central Bank will step up its anti-inflation rhetoric and may phase out some of its crisis support measures on Thursday as it prepares the ground for an interest rate rise likely later this year. Full Story »
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Special Report: Wall St wannabe points to China’s growth risks
Reuters – 1 hr 52 mins ago
TIANJIN, China (Reuters) – Yujiapu does not roll off the tongue like Wall Street, but planners in the northern Chinese port city of Tianjin hope it soon will. Full Story »
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NYSE to launch direct challenge to CME on March 21
Reuters – Wed Mar 2, 4:14 pm ET
WASHINGTON/NEW YORK (Reuters) – NYSE Euronext Full Story »
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Private-sector jobs pick up pace in February
Reuters – Wed Mar 2, 4:56 pm ET
NEW YORK (Reuters) – U.S. private sector employers added more jobs than expected last month, raising hopes that Friday’s closely watched government jobs report could show more growth than anticipated. Full Story »
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Costco cites pricing pressure
Investor’s Business Daily – Wed Mar 2, 7:15 pm ET
The nation’s largest warehouse chain said its Q2 earnings rose 13% to 79 cents, meeting views. Sales climbed 11% to $20.88 bil, topping estimates. Costco Wholesale (NMS:COST) said sales at stores open at least a year grew 7%, vs. a 12% rise in int’l and 5% in the U.S. But Costco cautioned that rising commodity costs will put pressure on future results. Shares slid 2.5% to 71.76. Full Story »
French PM Confirms Abolition Of Controversial Tax Shield
03/03/2011 4:54AM – Dow Jones Business News
China Kingstone Mining US$249 Million Hong Kong IPO 1 Time Covered So Far – Source
03/03/2011 4:50AM – Dow Jones Business News
Liechtenstein Freezes Egypt Funds; No Libya, Tunisia Funds Frozen
03/03/2011 4:49AM – Dow Jones Business News
EU Court Upholds Fine Of Siemens AG Cartel Fine
03/03/2011 4:38AM – Dow Jones Business News
Kudrin: Risk Perception Before President Election Causing Russia Outflows
03/03/2011 4:35AM – Dow Jones Business News
UPDATE: BP Deep Water Oil Output In Angola, US -15% In 2010
03/03/2011 4:33AM – Dow Jones Business News
Ex-China Merchants Bank Chairman: See Excessive Use Of Quantitative Monetary Tools
03/03/2011 4:33AM – Dow Jones Business News
Twitter Co-Founder: No Truth To JP Morgan Stake Sale – Reuters
03/03/2011 4:23AM – Dow Jones Business News
Apple Cuts iPad Prices In China; Lowest Price CNY2,888 Vs CNY3 988
03/03/2011 3:58AM – Dow Jones Business News
These Are The Controversial Satellite Photos That Set Off Protests In Bahrain
And caused the government to ban Google Earth.
The Chinese Services PMI Cooled Significant In February
Interesting.
Read more: http://www.businessinsider.com/#ixzz1FWsVSAKj
BP: Deep Water Oil Output In Angola, US Fell 15% In 2010
03/03/2011 3:58AM – Dow Jones Business News
Government Tries To Bring Body Scanning To Streets
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Unveiling iPad2, Jobs Shows Why Apple Is Slaying Rivals
Eric Savitz -
Roubini Says Get Out Of Municipal Bonds
Chris Barth -
The Real Story Behind Charlie Sheen Joining Twitter
Andrea Spiegel -
China’s High-Speed Rail, Highly Suspect
Tim Ferguson
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Wisconsin Shows Mix Of Unions, Pols A Disaster
Neil Weinberg -
Woods, Deford And The Art Of Hitting It Long And Straigh
UPDATE: Ahold U.S. Disappoints, No Details On Growth Strategy
03/03/2011 3:57AM – Dow Jones Business News
Banks’ Emergency Borrowing From ECB Dropped Sharply Wednesday
03/03/2011 3:54AM – Dow Jones Business News
Thai Telecom Regulator Aims To Auction 3G Licenses By Year-End
03/03/2011 3:49AM – Dow Jones Business News
System C Healthcare Agrees To McKesson Takeover
03/03/2011 3:37AM – Dow Jones Business News
BSkyB Will Continue To Co-operate With Ongoing Regulatory Process
03/03/2011 3:35AM – Dow Jones Business News
UK Government Gives Green Light To News Corp’s BSkyB Takeover
03/03/2011 3:28AM – Dow Jones Business News
News Corp Welcomes UK Government Plan To Open Consultation On BSkyB Share Buy
03/03/2011 3:27AM – Dow Jones Business News
Disney Needs To Buy Angry Birds
They have the same business model.
THIS PROVES IT: The Obama Administration Is Still Clueless About House Prices
Sorry, folks, they’re going to fall.
10 Unusual Stocks Attracting Huge Interest This Morning
Sony Music has a new CEO, Big Lots posts a loss, and Murdoch gets the go ahead.
This Bailed-Out British Banker Had An Affair, But The Courts Won’t Let Anyone Publish His Name
But here’s a few clues.
Murdoch gets the go-ahead from UK government to buy the 61% of BSkyB that he doesn’t already own. This is a huge step toward Murdoch becoming even more powerful.
Suffice to say, he’s not happy with Obama.
UPDATE: BofA ML Names Matthew Koder Asia-Pacific Global Corporate & Investment Banking Head
03/03/2011 3:20AM – Dow Jones Business News
- In Pictures: America’s 10 Most Toxic Cities
- America’s 10 Most Toxic Cities
- Nelly Furtado Donates Qaddafi’s Money, Beyonce Holds Onto It
- The Real Story Behind Charlie Sheen Joining Twitter
- Best Companies For Job Offers
- Malaysia’s Richest
- Apple Laps The Competition With iPad 2; Steve Gets A Standing O
- Is The iPad 2 Good For Business?
- In Pictures: The Most Miserable Sports Cities
- America’s Best Colleges
DPJ Secretary General Okada: Didn’t Accept Request To Leave Party
03/03/2011 3:18AM – Dow Jones Business News
EU Terminates China Modems Investigation; China Welcomes Move
03/03/2011 3:12AM – Dow Jones Business News
India Official: Cabinet OKs Banking Regulation Amendment Bill
03/03/2011 3:08AM – Dow Jones Business News
2nd UPDATE: BOJ Noda Says No Change In Ultra-Easy Policy
03/03/2011 2:57AM – Dow Jones Business News
Glencore Fiscal Year Net Income Up 39% As Metal, Mineral Prices Rise
03/03/2011 2:41AM – Dow Jones Business News
BP: No Bonuses For Directors Who Oversaw Gulf Drilling Operations
03/03/2011 2:37AM – Dow Jones Business News
China Aviation Chief: Fuel Surcharge Rise Has Negative Impact On Aviation Companies’ Profits
03/03/2011 2:29AM – Dow Jones Business News
Suicide Car Bomb Kills Six, Injures 30 In Pakistan – Police
03/03/2011 2:25AM – Dow Jones Business News
BYU Hoops Player Was Kicked Off Team For Having Sex With His Girlfriend
That’s not living “a chaste and virtuous life.”
Square Now Processing More Than $1 Million In Payments Per Day
Square itself is now on a $10 million revenue run rate.
Dear Bill Gross, Here’s Who’s Going To Buy Treasuries After The Fed Stops QEII
Probably the same folks who bought them before.
PUNK’D: Ashton Kutcher’s Twitter Account Hacked
A warning to protesters who don’t know how to secure their Twitter accounts.
Martin Byman is out.
GOSSIP: Today’s Wall Street Buzz in 60 Seconds
Goldman Sachs buys some boats, Julian Robertson likes the land down under, and…
A Hedge Funder Explains Why Smart Men Date Dumb Women
“Why don’t they just date some beta male who works in a bookstore and will make dinner for them every night?”
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When Governors Say No to Federal Crack
Merrill Matthews -
Why Pfizer’s Biggest Experimental Drug Got A Name Change
Matthew Herper -
Activist Hacks Ashton Kutcher’s Twitter Account To Push For Increased Security
Kashmir Hill -
Dinosaur Communications Hold You Back?
Ellen Weber
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investing
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Jailed Wesley Snipes Appeals His Tax Convictions To The Supremes
William P. Barrett -
Zynga Reveals Profit And Revenues As It Looks To Raise $500 Million
Agustino Fontevecchia -
Charlie Sheen’s TwitPics Are Worth 1000 Words, But Are They Worth $1000?
Chris Barth -
The Fats of Life
Vikram Sheel Kumar, MD
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tech
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CIOs…Beware The New iPad Is Here!
Kym McNicholas -
Is The iPad 2 Good For Business?
Elizabeth Woyke -
Charlie Sheen Attracts One Million Twitter Followers in One Day
Mark Pasetsky -
Documents Reveal TSA Research Proposal To Body-Scan Pedestrians, Train Passengers
Andy Greenberg
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entrepreneurs
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10 Tax Benefits For The Self-Employed
Investopedia -
What Does a Good Job Interview Look Like?
Aman Singh -
Charlie Sheen: Talent That Can Be Managed IF You Know How.
Steven Berglas -
Promoting the U.S. Brand “One Handshake at a Time”
John Zogby
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op/ed
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Color Photos Of Shackleton Voyage
Bruce Upbin -
Bravo For George Buckley, A Righteous CEO
Richard M. Salsman -
Winners Shift, Losers Don’t – Buy Amazon, Sell Wal-Mart
Adam Hartung -
What Global Markets Say About U.S. Default Risk
Jerry Bowyer
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leadership
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Commitment Self-Exam: Avoid Self-Sabotage
Sherri Edwards -
Memo to Uncle Sam: Time to Stand-Up for Mom
William Pentland -
When Banks Set The Questions, Will They Pass The Test? Duh!
Steve Denning -
Is Reebok Adidas’s Next Footwear Darling?
Elaine Wong
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lifestyle
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Egypt Antiquities Chief Says He May Quit (NY Times)
Abigail R. Esman -
Medicine’s Drip of Uncertainty
Harlan Krumholz -
Tiger Woods, Frank Deford and the Art of Hitting it Long and Straight
Monte Burke -
Galliano Reaction: Lagerfeld is ‘Furious,’ Wintour Has No Comment
Hannah Elliott
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lists
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Rising Fortunes In Malaysia
Suzanne Nam -
A Steve Jobs Presentation By the Book
Carmine Gallo -
Top Chefs Pay Homage to the Oyster
Lisa Mogensen -
Buffett Didn’t Sell BofA Stock, Didn’t Buy It Either
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At Least Five Legal Complaints Brought Against Ray Dalio’s “Demoralizing” Management Style
The management principles seem so unorthodox that at least 5 people have even questioned whether or not they’re legal.
Hillary Clinton Says Al Jazeera Is Putting American Media To Shame
“We’re losing the information war.”
India Adviser: Fiscal Rigor Critical To Inflation Management
03/03/2011 2:22AM – Dow Jones Business News
China Minister: Health Sector Spending To Rise Substantially This Year
03/03/2011 2:20AM – Dow Jones Business News
US Treasury’s Brainard: Inflation Not A Concern In US Now
03/03/2011 2:17AM – Dow Jones Business News
Pakistan Court Adjourns Hearing Into Shootings Involving US Man – Lawyer
03/03/2011 2:14AM – Dow Jones Business News
Read more: http://www.nasdaq.com/aspx/market-headlines.aspx#ixzz1FWs5m77H
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Clegg urges ‘new deal’ in EU-North Africa ties
AFP – 1 hr 38 mins ago
BRUSSELS (AFP) – Deputy premier Nick Clegg has urged Europe to match the bravery of the Arab street with “a bold new” economic offer coupled with support for political pluralism. Full Story »
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Santander, BlackRock ‘eye’ Citigroup unit
AFP – 1 hr 30 mins ago
NEW YORK (AFP) – Spanish bank Santander and US investment fund BlackRock have set their sights on the consumer finance unit of Citigroup in what could be a $2 billion deal, the Financial Times reported. Full Story »
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Inflation rising in Asia, emerging economies: IMF
AFP – Wed Mar 2, 5:50 pm ET
WASHINGTON (AFP) – A top International Monetary Fund official expressed concern Wednesday about overall inflation in emerging countries beyond the current spike in food and commodity prices. Full Story »
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German retail sales to boost economy
AFP – 1 hr 29 mins ago
FRANKFURT (AFP) – German retail sales made solid gains in January, underscoring expectations that consumption will join exports as a growth driver for Europe’s biggest economy. Full Story »
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KB Home CEO gets $6.1 million in 2010 compensation
AP – Wed Mar 2, 11:25 pm ET
LOS ANGELES – KB Home CEO Jeffrey Mezger received compensation valued at about $6.1 million in fiscal 2010, about 17 percent less than what he got the year before, according to an Associated Press review of data filed with regulators. Full Story »
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Oil falls to near $101 amid Libya mediation hopes
AP – 21 mins ago
SINGAPORE – Oil prices fell to near $101 a barrel Thursday in Asia amid efforts toward a mediated resolution to the conflict in Libya which has cut crude supplies by more than half from the OPEC nation. Full Story »
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Treasury: $6.3B return from stock sale by AIG
AP – Wed Mar 2, 9:26 pm ET
WASHINGTON – The Treasury Department said Wednesday that a sale of MetLife Inc. stock by American International Group Inc. brought in $6.3 billion, which will go toward repaying a portion of the taxpayer bailout of the insurance company. Full Story »
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S. Korea output rises faster than expected
AFP – Thu Mar 3, 1:11 am ET
SEOUL (AFP) – South Korea’s industrial output grew faster than expected in January on strong overseas demand, with semiconductor and auto makers leading the way, official figures showed Thursday. Full Story »
Read more: http://www.businessinsider.com/#ixzz1FWt9ml1N

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