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•Yamaguchi Says Cash Shortage May Force Japan to Buy More Corporate Bonds •Toyota Shock May Spur Japan Supplier Bankruptcies Without Government Aid •Asian Stocks Fall on Commodity Prices, Stronger Yen; BHP Billiton Declines •36 South Closes Black Swan Fund After 236% Gain, Plans New Inflation Hedge •Annette Nazareth Said to Withdraw From Consideration as Geithner's Deputy •Bank of America Says Merrill Bonus Disclosure Would Result in `Grave' Harm •Stocks in U.S., Europe Slump With S&P 500 Index at Lowest Level Since 1996 •Mortgage `Cram-Down' Bankruptcy Measure Passes U.S. House in 234-191 Vote •Korean Air Diverts Flights During Military Exercises on North Korea Threat
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•Obama Advisers Bloom, Rattner Said to Visit GM and Chrysler Next Week •Credit Suisse Lending Bust With Resorts Widens From Beverly Hills to Idaho •Darth Wall Street Destroying Distressed Debtors With Credit-Default Swaps •Last-Ditch $9-an-Hour Jobs Fail Wall Street Seekers as Retail Hiring Tanks •Salmon Shortage Squeezes California Fishermen as Second Straight Ban Looms •Stimulus Cash to Spur `Massive' Inflation, Commodity Rally: Chart of Day
Top Stories From the Web
»Seattle Post-Intelligencer to Publish on Internet Only: WSJ Link »U.K. Government May Take 70 Percent Stake in Lloyds: FT Link

Photo: Rolls-Royce 200EX Rolls-Royce 200EX
GENEVA: International Motor Show
Rolls-Royce, Ferrari Sales Suffer as Recession Reaches New Rich
Rolls-Royce, Lamborghini and luxury carmakers, which just five months ago said they’d buck the recession, are finding they’re not immune after all.
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Economy
•BOJ May Buy More Corporate Debt to Alleviate Cash Shortage, Yamaguchi Says •Geithner Says Administration Will Ensure Banks Get Funds to Avoid Collapse
Politics
•Obama Risks Clashes Within His Cabinet to Expand National Security Council •Obama Brings Together Old Health Foes at Summit to Start Work on Overhaul
Science
•Boozing in Films Influences Drinking by Young Male Viewers, Study Suggests •Sex Gel Curbed AIDS in Monkeys Using Drug Approved for People in Study
Opinion
•China's 2009 Rebound Is Pure Fantasy: William Pesek •Rush Relishes Role Cowing Republican Party: Margaret Carlson
Spend
•Watching Masters Golf Gets Cheaper as Augusta House Rentals, Tickets Drop •Electric $35,000 Three-Wheeler Costs 2 Cents per Mile: Jason H. Harper
Sports
•Yankees' Rodriguez Has Torn Labrum, Surgery Not Certain, Agent Tells ESPN •New York Jets Ask Non-Football Employees to Take Two Weeks of Unpaid Leave
Arts and Culture
•Gandhi Items Fetch $1.8 Million at NY Auction as Seller Tries to Withdraw •Bear Stearns's `Dirty Secret' Bursts, Cayne Curses Geithner in Cohan Book

Business news from reuters

Day ahead: Friday

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More job cuts expected

Investors are bracing for an ugly February jobs report, which a Reuters survey forecast would show job losses around 648,000.  Factbox |  

 

The Great Debate (1/4)

Diana Furchtgott-Roth
Higher taxes hit working wives
Diana Furchtgott-Roth

By raising taxes on upper-income Americans, Congress would worsen our tax system's marriage penalty on dual-income married couples. 

igher taxes hit working wives
Diana Furchtgott-Roth

By raising taxes on upper-income Americans, Congress would worsen our tax system's marriage penalty on dual-income married couples.  Commentary 

 

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