TOP 100 FINANCIAL SITES
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| Berkshire makes a play for troubled bond insurers' muni risk Warren Buffett says his Berkshire Hathaway is proposing to assume liability for insurance on $800 billion worth of municipal bonds currently covered by three major bond insurers. feeds.marketwatch.com |
Fed Chief: No Redux Of '70s Economic Gloom Federal Reserve Chairman Ben Bernanke says rising energy prices are boosting inflation risks and complicating the central bank's job. Even with the threat of inflation, he makes clear the Fed is still prepared to lower a key interest rate. feeds.cbsnews.com |
Japan's central bank chief nominee pledges to seek independence from gov't Koji Tanami, Japan's central bank chief nominee on Tuesday vowed to seek the Bank of Japan's (BOJ) independence from the government on monetary policy decision. In a speech at a hearing held by the lower house, the former vice financ ... english.people.com.cn |
Novartis Spending $39 Billion for Alcon GENEVA (AP) -- Switzerland's Novartis AG said Monday it will spend about $39 billion in a two-step bid for a majority stake in U.S. eye-care company Alcon.... hosted.ap.org |
Millicom Int'l adds subscribers, shares soar Its first-quarter profit slumped because last year's results were skewed by a hefty gain on a sale, but shares skyrocketed on the news that Millicom International Cellular SA said on Tuesday it had added more subscribers than forecast. ... english.people.com.cn |