AP - The Treasury Department sank billions into auto finance giant GMAC Inc. without an exit strategy or proof the company was viable — a decision that could cost taxpayers $6.3 billion, a new watchdog report says.
 Reuters | FOREX-Yen up after strong China data, Aussie falls Reuters TOKYO, March 11 (Reuters) - The yen rose on Thursday after data showed China's economy grew at a brisk pace while inflation picked up, adding to expectations that the country will take more monetary tightening steps and let the yuan ... Asian Shares Mixed; China Data Revive Tightening Fears Asian stocks reverse direction after Chinese data ASIA FX: US Dollar Mixed; Australia, China Data Drive Market |
Reuters - Asian stocks fell on Thursday as investors fretted over tighter monetary policy in China on the back of strong loan growth and quickening inflation, while the yen struggled amid signs that Japan's economy may need more support.
 The Business Insider | China Inflation, Industrial Production Accelerate BusinessWeek March 11 (Bloomberg) -- China's inflation reached a 16- month high in February, industrial output climbed and new loans exceeded forecasts, adding to the case for the government to pare back stimulus measures. Premier Wen Jiabao aims to hold full-year ... China inflation accelerates in February China's Housing Sales Slow Beijing fails to rein in property |
AP - Mexican telecom tycoon Carlos Slim is the world's richest person, jumping past Americans Bill Gates and Warren Buffett to become the first person from a developing nation to top the list, according to Forbes magazine.
AP - Asian markets inched higher early Thursday amid mixed economic news and after U.S. stocks closed with small gains following a report that companies cut their inventories.
 SAMAA TV | Motorola, Microsoft in deal to put Bing on phones Reuters NEW YORK (Reuters) - Motorola Inc has reached a deal with Microsoft Corp that will put Bing search and mapping services on its phones that use Google's Android operating system. Motorola said the partnership with Microsoft means that a Bing bookmark ... Search Data Reflect Yahoo Concern, Microsoft Gains >YHOO MSFT Bing Gains Again -- Should Google Worry? Google still tops, but Bing inches ahead in search market |
 RTT News | Teen retailer Hot Topic profit falls 4Q BusinessWeek Teen retailer Hot Topic Inc. reported Wednesday that its profit fell sharply in the fourth quarter as its sales slump continued. Hot Topic said it earned $8 million, or 18 cents per share, for the quarter, compared with $14.2 million, or 32 cents, ... Hot Topic 4Q Drops 44% On Lower Margins, Sales Hot Topic Q4 profit in line; shrs fall on weak Q1 view Hot Topic Guides In-Line; 4Q Meets the Street's View |
AFP - The US Senate has adopted a 140-billion-dollar raft of measures aimed at shoring up unemployment benefits and setting out tax breaks to spur job creation.