Bank of America customers will soon be unable to spend more than they have in the accounts linked to their debit cards. It's a step that may become a common move ahead of new regulations limiting overdraft fees.
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Bank of America ends overdraft fees on debit cards (AP)
Posted by shareguru 12 hours ago (http://us.rd.yahoo.com)
EU urges US to join in action against speculators (AP)
Posted by shareguru 12 hours ago (http://us.rd.yahoo.com)
European officials urged the U.S. to join in a crackdown on speculators who bet against Europe's currency union, warning they might ban some credit default swaps -- opaque financial instruments blamed for worsening the world financial crisis.
Abbott to pay $450 million for Facet Biotech (AP)
Posted by shareguru 12 hours ago (http://us.rd.yahoo.com)
Drug and medical products company Abbott Laboratories said Tuesday it will buy Facet Biotech Corp. for about $450 million in cash, expanding the company's access to biotechnology drugs, including a potential treatment for multiple sclerosis.
TV producer admits attempting Letterman shakedown (AP)
Posted by shareguru 12 hours ago (http://us.rd.yahoo.com)
A former television producer pressured by debt and riven by jealousy admitted Tuesday he tried to extract vengeance and money by shaking down David Letterman in a case that bared the late-night icon's affairs with staffers.
Job openings up sharply in January to 2.7M (AP)
Posted by shareguru 12 hours ago (http://us.rd.yahoo.com)
Job openings rose sharply earlier this year, evidence that employers are slowly ramping up hiring as the economy improves.
Democrats doubt deadline on healthcare
Posted by MEreporter 12 hours ago (http://feeds.reuters.com)
WASHINGTON (Reuters) - Congressional Democrats on Tuesday cast doubt on their chances of meeting the White House's March 18 deadline for voting on a stalled healthcare overhaul, but said they are moving as fast as they can.
Visiting Biden condemns new Israel settlement plan
Posted by MEreporter 12 hours ago (http://feeds.reuters.com)
JERUSALEM (Reuters) - U.S. Vice President Joe Biden on Tuesday condemned Israeli plans to build 1,600 more homes on occupied land where Palestinians seek statehood, announced in the middle of his visit to help revive peace negotiations.
Toyota, U.S. officials investigate runaway Prius
Posted by MEreporter 12 hours ago (http://feeds.reuters.com)
LOS ANGELES/DETROIT (Reuters) - U.S. safety regulators and Toyota dispatched teams on Tuesday to inspect a Prius that sped out of control on a California freeway a day earlier, as the automaker struggled to reassure consumers shaken by its recall crisis.
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