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Toyota 'mystified' by runaway Prius case in Calif. (AP)
Published: 3/11/2010 5:05:59 PM

FILE - In this Tuesday, March 9, 2010 file photo, driver James Sikes talks about his experiences in his Toyota Prius during a news conference held at Toyota of El Cajon in El Cajon, Calif. A law firm for the driver who says his Toyota Prius sped out of control in California doesn't plan to sue the Japanese automaker. (AP Photo/Denis Poroy, File)AP - A Toyota executive said Thursday the company is "mystified" by a report that a California man's Prius gas pedal became stuck and caused the car to speed out of control on a California freeway.




Slowly, Americans are regaining their lost wealth (AP)
Published: 3/11/2010 4:06:16 PM

FILE - In this Dec. 19, 2009 file photo, shoppers jam Michigan Ave., as they rush to find last minute deals in Chicago. American households saw their wealth increase at the end of last year, mainly because the healing economy boosted stock portfolios.(AP Photo/Jim Prisching, file)AP - Americans are recovering their shrunken wealth — gradually. Household net worth rose last quarter, mainly because the healing economy boosted stock portfolios. But the gain was slight. And it was less than in the previous two quarters.




Asian stocks mixed after S&P index clears hurdle (AP)
Published: 3/11/2010 6:32:42 PM

Traders work on the floor of the  New York Stock Exchange, Tuesday, March 9, 2010.(AP Photo/Mark Lennihan)AP - Asian stock markets were mixed in early trading Friday after the Standard & Poor's 500 index closed at a 17-month high with investors worried about inflationary pressures in China.




Citigroup CEO says bank on path to profitability (AP)
Published: 3/11/2010 2:55:10 PM

AP - Citigroup Inc. says it's heading back toward sustained profitability after two years that saw the bank lose billions of dollars and be bailed out by the government.



Parents Run Risks Helping Kids Buy A Home (Investor's Business Daily)
Published: 3/11/2010 2:45:00 PM

Investor's Business Daily - The end of the federal tax credit for homebuyers is fast approaching. That means crunch time for parents who want to help their kids buy a place as inexpensively as possible.



Gov't may seek more authority on vehicle safety (AP)
Published: 3/11/2010 4:45:47 PM

National Highway Traffic Safety Administrator David Strickland testifies on Capitol Hill in Washington, Thursday, March 11, 2010, before the House Commerce, Trade and Consumer Protection subcommittee hearing on NHTSA Oversight. (AP Photo/Harry Hamburg)AP - Government vehicle safety regulators may seek greater authority to investigate defects in cars and trucks and are weighing a range of new safety requirements in response to Toyota's recall of more than 8 million vehicles over brake and acceleration problems.




FTSE 100 opens lower (AFP)
Published: 3/11/2010 4:09:55 AM

Leading shares weakened after unconvincing gains overnight on Wall Street as investors mulled the latest economic data and company news.(AFP/File/Shaun Curry)AFP - Leading shares weakened on Thursday after unconvincing gains overnight on Wall Street as investors mulled the latest economic data and company news.




Citigroup sees return to sustained profitability (Reuters)
Published: 3/11/2010 1:37:59 PM

Citigroup Chief Executive Vikram Pandit speaks during the opening of a new branch in Hong Kong February 3 2010. REUTERS/Bobby YipReuters - Citigroup Inc Chief Executive Vikram Pandit told investors on Thursday the bank is on track to return to sustained profitability and losses from some of its worst assets should be manageable if the economy does not deteriorate.




Pall fiscal 2Q profit falls short of expectations (AP)
Published: 3/11/2010 3:51:03 PM

AP - Pall Corp. on Thursday posted a 28 percent rise in its fiscal second-quarter profit, but still fell short of Wall Street estimates.



Greece hit by strikes, clashes over austerity plan (AP)
Published: 3/11/2010 1:47:09 PM

A riot police officer tries try to avoid a petrol bomb, during clashes in central Athens, Thursday, March 11, 2010. Savage street clashes erupted between rioting youths and police in central Athens as more than 30,000 people demonstrated during a nationwide strike against the cash-strapped government's austerity measures. Hundreds of masked and hooded youths punched and kicked motorcycle police, knocking several off their bikes, as riot police fired volleys of tear has and stun grenades to disperse the rioters. (AP Photo/Thanassis Stavrakis)AP - Clashes between riot police and rock-throwing, masked youths broke out during a demonstration Thursday in central Athens by tens of thousands of striking workers protesting austerity measures that the Greek government has said it has no choice but to implement.