Archive for February, 2010

AIG Nears Deal to Sell Asia Unit (source: Wall Street Journal)

AIG was closing in on an agreement to sell its crown-jewel Asian life-insurance business to Prudential of the U.K. for about $35.5 billion. The sale would be AIG’s biggest move yet to repay a $182.3 billion bailout by the U.S. government. (source: Wall Street Journal) - RSS widgets and RSS feeds on Feedzilla.com

Soup giant vs. a hip-hop holdout (source: The Philadelphia Inquirer)

The entrepreneur charges through the dark, dank historic building at the entrance to Camden, speaking excitedly of its potential and bemoaning the vandals who he says tried to get to him by destroying it. (source: The Philadelphia Inquirer) - RSS news feeds and Widgets on Feedzilla.com

Merck Buys Biotech Co. Millipore for $6B (source: CBS News)

German Pharmaceutical Giant also Takes on about $1.2 Billion in Debt from U.S. Manufacturer (source: CBS News) - News widgets and RSS feeds on Feedzilla.com

Berkshire Trumpets Its Rebound, With Caveats (source: Wall Street Journal)

Warren Buffett presided over one of the strongest growth spurts in Berkshire’s history in 2009, but he offered a mixed message in his letter to shareholders. (source: Wall Street Journal) - RSS news feeds and Widgets on Feedzilla.com

Video: Greek Economy Seeks Bailout (source: CBS News)

A top European Union official will travel to Athens for talks on bailing out the Greek economy. As Mark Phillips reports, fingers are being pointed every which way, including at some U.S. banks. (source: CBS News) - RSS feeds and Feed widget on Feedzilla.com

Video: Prius Sales Surge in Japan (source: CBS News)

Internationally, Toyota’s image may have lost some of its luster, but Prius sales have surged in Japan. As Celia Hatton reports, Toyota’s battered image hasn’t fazed prospective buyers. (source: CBS News) - RSS widgets and RSS feeds on Feedzilla.com

U.S., Japan to see leap in distressed property sales (source: Reuters)

LONDON (Reuters) - The United States and Japan are expected to see the biggest rise in distressed property sales in the first quarter, as the fallout from the global property downturn intensifies, the results of a survey showed on Monday. (source: Reuters) - RSS feeds and Feed widget on Feedzilla.com

More than 700 killed in Chilean quake (source: Financial Times)

Fear turned to desperation as hundreds of survivors fought over food and water in the cities worst affected by Chile’s devastating earthquake at the weekend, which killed at least 700 people (source: Financial Times) - RSS and News widget on Feedzilla.com

AIG said to be near $35 billion Asia deal (source: CNN)

American International Group Inc., majority owned by the U.S. government after a massive bailout, is close to a $35.5 billion deal to sell its Asian life insurance operations to Britain’s Prudential PLC, according to a online report published Sunday. (source: CNN) - News widgets and RSS feeds on Feedzilla.com

All eyes on the job market (source: CNN)

A wave of disappointing economic reports has revived fears that the recovery is unsustainable, upping the ante for this week’s batch of economic news, including the big February jobs report Friday. (source: CNN) - RSS feeds and Feed widget on Feedzilla.com

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