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In the News :
Democrats on track for vote on $940 billion health bill

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(AP)

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<p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20100318/ap_on_go_co/us_health_care_overhaul"><img src="http://d.yimg.com/a/p/ap/20100317/capt.3f82e91af93b4f35ba1953f80d788626-3f82e91af93b4f35ba1953f80d788626-0.jpg?x=130&y=99&q=85&sig=tgyAntVWbJhleb3lmtg7pQ--" align="left" height="99" width="130" alt="House Speaker Nancy Pelosi of Calif., accompanied by House Majority Leader Steny Hoyer of Md., left, gestures during a news conference on Capitol Hill in Washington, Wednesday, March 17, 2010, for the signing of the jobs bill. (AP Photo/Harry Hamburg)" border="0" /></a>AP - House Democrats are pushing to the brink of passage a landmark, $940 billion health care overhaul bill that would simultaneously deliver on President Barack Obama's promise to expand coverage while slashing the deficit, a strategy aimed at winning over the party's fiscal conservatives.</p><br clear="all"/>

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Economic mixed bag: No inflation but little hiring

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(AP)

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<p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20100318/ap_on_bi_go_ec_fi/us_economy"><img src="http://d.yimg.com/a/p/ap/20100318/capt.2f76741e6c59431abbeb51667b6c007a-2f76741e6c59431abbeb51667b6c007a-0.jpg?x=130&y=95&q=85&sig=4.oUkLPJfblRzynv6pdemA--" align="left" height="95" width="130" alt="In this Wednesday, March 10, 2010 photo, a person looks for work at a job placement center in Menlo Park, Calif. Initial jobless claims have dropped to 457,000 but remained above levels that signal new hiring. (AP Photo/Paul Sakuma)" border="0" /></a>AP - The picture of an economy growing modestly without producing inflation yet struggling to create jobs emerged from government reports Thursday.</p><br clear="all"/>

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Greece: Will ask for IMF help if EU fails

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(AP)

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<p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20100318/ap_on_bi_ge/eu_europe_financial_crisis"><img src="http://d.yimg.com/a/p/ap/20100318/capt.451875aeccb049febfce0769c406fc43-451875aeccb049febfce0769c406fc43-0.jpg?x=130&y=107&q=85&sig=RzU.Sve86Yo.10k7K0aK1w--" align="left" height="107" width="130" alt="Greek Prime Minister George Papandreou speaks during a conference regarding the economy at the European Parliament in Brussels, Thursday, March 18, 2010. Papandreou said Thursday his country needs a firmer eurozone bailout plan to lift market pressure on his government and lower its borrowing rates. He told a European Parliament Committee Thursday that 'this is not to be asking for money, but to have some form of an instrument on the table.' (AP Photo / Virginia Mayo)" border="0" /></a>AP - Greece warned Thursday that it will be forced to turn to the International Monetary Fund if the EU can't agree to a bailout plan next week that will help reduce its market borrowing rates.</p><br clear="all"/>

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FedEx sees economic recovery spreading

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(AP)

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<p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20100318/ap_on_bi_ge/us_earns_fedex"><img src="http://d.yimg.com/a/p/ap/20100318/capt.944deb1e929a496bba4273ea835d972c-944deb1e929a496bba4273ea835d972c-0.jpg?x=130&y=69&q=85&sig=K_tXBgFi9RGgRiBc3sGfww--" align="left" height="69" width="130" alt="In this photo made Jan. 25, 2010, a Fed Ex truck drives along the highway near Mansfield, Ohio. FedEx, the world's second-largest package delivery company, on Thursday, March 18 said its fiscal third-quarter profit more than doubled from a year earlier. (AP Photo/Amy Sancetta)" border="0" /></a>AP - FedEx says the global economic recovery is broadening, as Asia continues to see strong growth and the U.S. economy gains steam.</p><br clear="all"/>

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Obama signs jobs bill, says more must be done

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(AP)

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<p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20100318/ap_on_bi_ge/us_obama_jobs_bill"><img src="http://d.yimg.com/a/p/ap/20100318/capt.d75408ca1c3c49cbbe763664df45efef-d75408ca1c3c49cbbe763664df45efef-0.jpg?x=130&y=82&q=85&sig=zTgvwjRhPUi7Eg4Joo8XaQ--" align="left" height="82" width="130" alt="President Barack Obama speaks before he signs the HIRE Act jobs bill in the Rose Garden of the White House in Washington, Thursday, March 18, 2010. (AP Photo/Charles Dharapak)" border="0" /></a>AP - President Barack Obama on Thursday signed into law a package of tax breaks and spending designed to give the nation a jobs boost by encouraging the private sector to start hiring again.</p><br clear="all"/>

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Teva to buy German generic drug maker Ratiopharm

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(AP)

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<p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20100318/ap_on_bi_ge/eu_germany_teva_ratiopharm"><img src="http://d.yimg.com/a/p/ap/20100318/capt.b1026278a4fa4754bd86377d5677129e-8a9e371c19644586a8439117618228da-0.jpg?x=91&y=130&q=85&sig=mW6NExuQwYVM.QKG66DDgg--" align="left" height="130" width="91" alt="FILE - Dec. 2, 2008 file photo shows the the company name and logo of generic medicine company Ratiophar on a building of the headquarters in Ulm, southern Germany. Israeli drug maker Teva said Thursday, March 18, 2010 it has beat out other rivals to acquire German generic drug maker Ratiopharm GmbH in a deal worth euro 3.6 billion (US$4.95 billion). Teva Pharmaceutical Industries Ltd.'s successful bid gives it a key position in the lucrative German generic market and is the second big acquisition in two years for the company. (AP Photo/Daniel Maurer, File)" border="0" /></a>AP - Israeli drug maker Teva has beaten out rivals Pfizer and Actavis to acquire German generic drug maker Ratiopharm GmbH &mdash; in a deal announced Thursday worth some euro3.6 billion, or nearly $5 billion.</p><br clear="all"/>

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How the major stock indexes fared on Wednesday

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(AP)

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AP - The Dow Jones industrial average rose Wednesday to close at a new high for 2010.

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FedEx profit more than doubles, tops expectations

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(Reuters)

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<p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20100318/bs_nm/us_fedex"><img src="http://d.yimg.com/a/p/rids/20100318/i/r2100965620.jpg?x=130&y=78&q=85&sig=kyZKTP6OMXMk3NQxoIuylA--" align="left" height="78" width="130" alt="A Federal Express worker delivers a package to a building in Arlington, Virginia September 17, 2009. REUTERS/Richard Clement" border="0" /></a>Reuters - Package delivery giant FedEx Corp raised its outlook and posted sharply higher profit, but its shares fell as its domestic volume numbers disappointed investors' hopes for a U.S. economic recovery.</p><br clear="all"/>

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Casual Male Retail Group reports 4Q profit

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(AP)

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AP - Men's clothing seller Casual Male Retail Group Inc. on Thursday reported earning a profit in the fourth quarter as it cut costs to compensate for sales being weak.

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Greece urges EU aid, but Germany 'open' to IMF appeal

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(AFP)

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<p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/afp/20100318/bs_afp/eueurozonefinanceeconomygreece"><img src="http://d.yimg.com/a/p/afp/20100318/capt.photo_1268931013078-1-0.jpg?x=130&y=86&q=85&sig=TQyLwfHLNb8IgD3PYpGdfw--" align="left" height="86" width="130" alt="A man enters a taxi during a 24 hour strike of Greek taxi drivers in Athens. Greece warned on Thursday it could call on the IMF for help unless European leaders offered financial aid next week, with Germany now appearing "open" to the idea as the Greek debt crisis hit the euro.(AFP/Aris Messinis)" border="0" /></a>AFP - Greece warned on Thursday it could call on the IMF for help unless European leaders offered financial aid next week, with Germany now appearing "open" to the idea as the Greek debt crisis hit the euro.</p><br clear="all"/>

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Fed's Bernanke sees U.S. backing Fannie, Freddie debt

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(Reuters)

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Reuters - Current Fannie Mae and Freddie Mac mortgage-backed securities are likely to retain U.S. government backing should Congress create a new system for financing U.S. homes, Federal Reserve Board Chairman Ben Bernanke said on Wednesday.

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Canada sees gloom for world economy without reform

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(Reuters)

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Reuters - Canada took a gloomy look at what could go wrong with the global economy on Thursday, warning of prolonged recession or a deflationary spiral unless countries push ahead with economic and financial reforms.

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Zara owner's profits rise on strong Asia sales

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(AFP)

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<p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/afp/20100317/bs_afp/spainretailfashiontextilecompanyearningsinditexzara"><img src="http://d.yimg.com/a/p/afp/20100317/capt.photo_1268834864626-1-0.jpg?x=130&y=87&q=85&sig=Uq865trNvZRxKDQiIapPxw--" align="left" height="87" width="130" alt="Clothes from Zara, the flagship outlet of Spain's Inditex group, stand ready for departure at Inditexs' headquarters in Arteixo, Spain, in 2006. Spain's Inditex, Europe's biggest clothing retailer, on Wednesday posted a rise in fourth-quarter net profit as strong sales abroad, especially in Asia, offset sluggish domestic demand.(AFP/File/Miguel Riopa)" border="0" /></a>AFP - Spain's Inditex, Europe's biggest clothing retailer and the company behind Zara, posted Wednesday a rise in profit as strong sales abroad, especially in Asia, offset sluggish domestic demand.</p><br clear="all"/>

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CIBC wins dismissal of suit over subprime holdings

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(Reuters)

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Reuters - A U.S. federal judge dismissed a shareholder lawsuit accusing Canadian Imperial Bank of Commerce and four executives, including Chief Executive Gerald McCaughey, of misleading investors about the bank's exposure to subprime mortgages.

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Pain in the tank: Gas prices highest since 2008

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(AP)

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<p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20100318/ap_on_bi_ge/oil_prices"><img src="http://d.yimg.com/a/p/ap/20100317/capt.54fcbf90e4c14f709d66b25fdffbf870-54fcbf90e4c14f709d66b25fdffbf870-0.jpg?x=130&y=94&q=85&sig=gs1i9WLXAb8NrgzMGNUniA--" align="left" height="94" width="130" alt="FILE - In this Nov. 13, 2009 file photo, an oil pump works in the Persian Gulf desert field of Sakhir, Bahrain. Oil prices rose above $82 a barrel Wednesday, March 17, 2010, after a report showed U.S. crude inventories grew less than expected last week and OPEC decided to keep its output targets unchanged. (AP Photo/Hasan Jamali, File)" border="0" /></a>AP - Motorists are paying the highest prices for gas since October 2008. Retail gasoline prices rose on Thursday on an expected increase in demand and as more expensive spring and summer blends of gasoline make their way to the pumps.</p><br clear="all"/>

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Apple director, ex-auto executive York dies

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(AP)

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<p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20100318/ap_on_hi_te/us_york_hospitalized"><img src="http://d.yimg.com/a/p/ap/20100318/capt.7df2a9168cc34f9c8e11dc3ccd102120-84ec2e53cb204cee8a6658d403d7ef8a-0.jpg?x=88&y=130&q=85&sig=lihyaEZGQ68hVFjSc175dw--" align="left" height="130" width="88" alt="FILE - In this Jan. 10, 2006 file photo, Jerome York is shown during an interview in Detroit. A spokeswoman on Thursday, March 18, 2010 said York, an Apple Inc. board member and former auto industry executive, has been hospitalized in Pontiac, Mich. (AP Photo/Paul Sancya, File)" border="0" /></a>AP - Apple Inc. says board member and former auto industry executive Jerome York has died.</p><br clear="all"/>

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Cape Town B-School Embraces Social Entrepreneurship

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(BusinessWeek)

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BusinessWeek - Tinashe Chinyanga describes his childhood in Zimbabwe as fairly standard, working in the fields every morning before walking to school in a nearby village. But the rest of his education has been a world away from his village friends: boarding school, then a medical degree, and now the University of Cape Town Graduate School of Business (GSB). Education was his ticket out of an early grave, says 28-year-old Chinyanga. "Most of my peers have HIV, if they're not already dead." Chinyanga owes his more fortunate path in part to his father, who was a teacher and pushed him to succeed. ...

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