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

March 3, 2011
By CMAC

Reuters

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 »

Business Slideshows

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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

bahrain

photos

These Are The Controversial Satellite Photos That Set Off Protests In Bahrain

And caused the government to ban Google Earth.

2,313,333 | comment 53

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

Documents reveal plans by the Department of Homeland Security to test using mobile backscatter imaging units on pedestrians and train passengers. Continue »
Andy Greenberg

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

BOOM: Another Awesome Initial Claims Report

Joe Weisenthal | Mar. 3, 8:30 AM | 165 | comment 3

368K is better than the 390K analysts were looking for.

Read »

Libyan Rebel Fighter Begs For Help From GEORGE BUSH

Joe Weisenthal | Mar. 3, 8:21 AM | 251 | comment 5

Obama isn’t cutting it.

Read »

Disney Needs To Buy Angry Birds

Pascal-Emmanuel Gobry | Mar. 3, 8:18 AM | 163 | comment

They have the same business model.

Read »

THIS PROVES IT: The Obama Administration Is Still Clueless About House Prices

Dean Baker, CEPR | Mar. 3, 8:11 AM | 329 | comment 1

Sorry, folks, they’re going to fall.

Read »

10 Unusual Stocks Attracting Huge Interest This Morning

Meredith Lepore | Mar. 3, 8:09 AM | 1,068 | comment

Sony Music has a new CEO, Big Lots posts a loss, and Murdoch gets the go ahead.

Read »

UPDATE: BofA ML Names Matthew Koder Asia-Pacific Global Corporate & Investment Banking Head
03/03/2011 3:20AM – Dow Jones Business News

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  7. Apple Laps The Competition With iPad 2; Steve Gets A Standing O
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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

comment

BYU Hoops Player Was Kicked Off Team For Having Sex With His Girlfriend

Dashiell Bennett | Mar. 2, 11:23 PM | 1,298 | comment 12

That’s not living “a chaste and virtuous life.”

Read »

Square Now Processing More Than $1 Million In Payments Per Day

Dan Frommer | Mar. 2, 10:42 PM | 1,000 | comment 5

Square itself is now on a $10 million revenue run rate.

Read »

Dear Bill Gross, Here’s Who’s Going To Buy Treasuries After The Fed Stops QEII

Cullen Roche, Pragmatic Capitalism | Mar. 2, 8:16 PM | 1,953 | comment 26

Probably the same folks who bought them before.

Read »

PUNK’D: Ashton Kutcher’s Twitter Account Hacked

Matt Rosoff | Mar. 2, 8:04 PM | 1,093 | comment 3

A warning to protesters who don’t know how to secure their Twitter accounts.

Read »

GOSSIP: Today’s Wall Street Buzz in 60 Seconds

Katya Wachtel | Mar. 2, 6:25 PM | 1,405 | comment 3

Goldman Sachs buys some boats, Julian Robertson likes the land down under, and…

Read »

A Hedge Funder Explains Why Smart Men Date Dumb Women

Katya Wachtel | Mar. 2, 5:27 PM | 4,795 | comment 49

“Why don’t they just date some beta male who works in a bookstore and will make dinner for them every night?”

Read »

At Least Five Legal Complaints Brought Against Ray Dalio’s “Demoralizing” Management Style

Courtney Comstock | Mar. 2, 5:27 PM | 1,457 | comment 5

The management principles seem so unorthodox that at least 5 people have even questioned whether or not they’re legal.

Read »

hillary clinton

Hillary Clinton Says Al Jazeera Is Putting American Media To Shame

“We’re losing the information war.”

40,293 | comment 110

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



Stock Suppression FAIL Of The Day

Look how CCME ended.

Read »

1,113 | comment 3

CHART OF THE DAY: Here’s How The Xoom Stacks Up To The iPad 2

We break down the specs of each tablet.

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5,616 | comment 28

Jeff Rubin: Only A Recession Stands In The Way Of $200 Oil

This is about more than the Middle East.

Read »

1,716 | comment 9

Murder In Pakistan: A Chilling Message

It’s getting worse.

Read »

1,671 | comment 20

Six Smart Ways Businesses Can Use The iPad 2

Put the new iPad to work for you.

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14,079 | comment 3

Five Unusual Tax Write-Offs You’ve Probably Been Missing

Businesses could be missing out on these breaks.

Read »

862 | comment

Read more: http://www.businessinsider.com/#ixzz1FWt9ml1N


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