Footage from Santiago, Chile after the 8.8 magnitude earthquake struck 200 miles north of the capital at a depth of 22 miles. The Pacific Tsunami Warning Center said the Chile quake generated a tsunami that may have been destructive along the coast near the epicenter.
Ex-Trainer: “No Better Place” for Whale; Says Setting Tilikum Free Isn’t an Option
NEW YORK (Reuters) - Payrolls could give the U.S. stock market some direction next week as investors comb through the key report on one of the economy’s weakest areas.
WASHINGTON (Reuters) - A bold proposal by Senate Banking Committee Chairman Christopher Dodd to set up a single supervisor for U.S. banks looks doomed, said a source familiar with Senate committee discussions on Friday.
WASHINGTON (Reuters) - The economy grew a touch more than initially thought in the fourth quarter, but a surprise drop in January home sales to a seven-month low and weaker consumer sentiment underscored the headwinds for the recovery.
NEW YORK (Reuters) - American International Group Inc reported a quarterly loss of .9 billion, hurt by loss reserves and efforts to repay the U.S. government, as it struggles to find its feet more than a year after its 2.3 billion rescue.
NEW YORK (Reuters) - Two top Fed officials on Friday offered divergent signals on interest rates, with one arguing they should remain near zero for at least six months and another wishing to raise them “sooner rather than later.”
NEW YORK (Reuters) - For executives at Bank of America Corp and Citigroup Inc, it pays to be just below the top.
WASHINGTON (Reuters) - The Senate’s chief architect of financial regulation reform said on Friday the Federal Reserve may “not necessarily” lose its authority to supervise banks, signaling a potential shift in his thinking.
WASHINGTON (Reuters) - PepsiCo Inc has won U.S. antitrust approval to buy two of its largest bottlers on condition that it take steps to safeguard a rival’s business information, the Federal Trade Commission said on Friday.
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