World News Center
Jackson estate in record deal worth up to $250 mln (AP)
March 16, 2010
AP - Even in death, Michael Jackson is breaking new records.
China without Google: 'a lose-lose scenario' (AP)
March 16, 2010AP - China without Google — a prospect that looks increasingly likely — could mean no more maps on mobile phones. A free music service that has helped to fight piracy might be in jeopardy. China's fledgling Web outfits would face less pressure to improve, eroding their ability to one day compete abroad.
Wavering Dems in Obama's sights on health vote (AP)
March 16, 2010
AP - Days away from a make-or-break vote on his health care overhaul, President Barack Obama is turning up the pressure as only presidents can, as Democratic leaders make a desperate scramble for votes.
Asian stocks mixed ahead of Fed statement (AP)
March 16, 2010
AP - Asian stock markets were mixed Tuesday as investors held back ahead of the U.S. Federal Reserve's latest assessment of the world's largest economy.
Landlords must pay taxes for renters to get credit (AP)
March 16, 2010AP - Missouri tax officials are warning people who live in rented housing that they do not qualify for a tax break unless their landlords pay property taxes.
Fed weighs how and when to signal higher rates (AP)
March 16, 2010
AP - Debate is heating up within the Federal Reserve over how and when to signal that the days of record-low interest rates are numbered.
London stocks open on stable note (AFP)
March 16, 2010
AFP - Shares in London were flat at the start of trade on Monday as investors remained cautious about the state of the global economy.
Sen Dodd boosts Fed in new financial reforms (Reuters)
March 16, 2010Reuters - The Federal Reserve would take on a greatly expanded role in financial regulation under new legislation unveiled on Monday by a top Senate Democrat, in a push to move ahead with the regulatory reform that has been a top priority of President Barack Obama.
China TechFaith posts jump in 4Q profit (AP)
March 16, 2010AP - Chinese cell phone designer China TechFaith Wireless Communication Technology Ltd. said Monday it tripled its fourth-quarter profit, helped by a jump in revenue and a rise in value of derivative securities on its books.
UK clashes with France on hedge fund rules (AP)
March 16, 2010AP - Britain is set to lose a clash with France on new European Union hedge fund rules that EU finance ministers will haggle over on Tuesday.
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