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Asia stocks up as Fed, Greece news buoy confidence
(AP)
 AP - Asian stock markets pushed higher Wednesday after the U.S. central bank again pledged to hold interest rates low and gave a mildly optimistic assessment of the world's largest economy.
Oil above $82 as traders eye US supplies, OPEC
(AP)
 AP - Oil prices rose above $82 a barrel Wednesday in Asia after a report showed U.S. crude inventories grew less than expected last week.
Fed holds rates at record lows to foster recovery
(AP)
 AP - The Federal Reserve on Tuesday repeated its pledge to hold interest rates at record lows to foster the economic recovery and ease high unemployment.
Bernanke to wage fresh battle for Fed powers
(AP)
 AP - Federal Reserve Chairman Ben Bernanke plans to wage a fresh battle against Senate efforts to scale back the Fed's role in supervising the nation's banks.
Conn. officials feel pressure over job losses
(AP)
AP - Job cuts at United Technologies Corp. are adding to the political debate over taxes and other costs of doing business in Connecticut.
Housing construction drops 5.9 pct in February
(AP)
 AP - Housing construction fell in February as winter blizzards held down activity in the Northeast and South. The decline highlighted the challenges facing builders as they struggle to emerge from the worst housing slump in decades.
InfoGroup's ex-CEO paying $7.3M to settle with SEC
(AP)
AP - The founder and former CEO of database provider InfoGroup Inc. agreed Monday to pay more than $7.3 million to settle federal regulators' charges he siphoned off nearly $9.5 million from the company to finance a lifestyle that included jet travel to Africa and Europe, homes around the U.S. and 20 automobiles.
Summary Box: Fed sticks with low-rate pledge
(AP)
AP - FEEDING THE RECOVERY: The Fed stuck with its yearlong pledge to hold rates at record lows for an "extended period" to foster the economic recovery.
CIT Group posts 4Q loss of $1 billion
(AP)
 AP - CIT Group on Tuesday said it lost $1 billion in the fourth quarter, excluding a huge one-time reorganization benefit.
EU backs Greek austerity as standby aid readied
(Reuters)
Reuters - EU finance ministers backed plans on Tuesday by countries in the euro area to help debt-stricken Greece financially if it becomes the first state in 11 years of monetary union to seek such aid.
Visteon judge won't halt benefits termination
(AP)
AP - A Delaware bankruptcy judge on Tuesday refused to halt implementation of his order allowing auto parts supplier Visteon Corp. to terminate its retirees' health and life insurance benefits.
GE sees profit, dividend up in 2011, shares climb
(Reuters)
Reuters - After two rocky years and a severe global financial crisis, General Electric Co expects its profit and dividend to rise in 2011, the largest U.S. conglomerate's chief financial officer said.
Limited Brands to pay $1 dividend, start buyback
(AP)
AP - Retailer Limited Brands Inc., owner of Victoria's Secret, said Monday that its board of directors has declared a special dividend of $1 per share and authorized a share repurchase program of $200 million.
Ex-exec testifies in KB Home fraud trial in LA
(AP)
AP - A former executive of KB Home testified Tuesday against former chairman and Chief Executive Bruce E. Karatz, who is accused of bilking shareholders out of millions of dollars by backdating stock options.
Saudi sees OPEC output steady for rest of year
(AP)
 AP - Saudi Arabia's oil minister said Tuesday he expected OPEC to keep output steady for the rest of this year, in comments reflecting expectations that crude prices and supply are in sync with the fitfully recovering world economy.
Honda recalls 412,000 US vehicles for 'soft' brakes
(AFP)
 AFP - Honda announced the recall of an estimated 412,000 vehicles in the United States because of problems with "soft" brakes, in the latest blow to the embattled Japanese auto industry.
From B-School to the Big House
(BusinessWeek)
BusinessWeek - Chelsi Pohlmeier still remembers the butterflies she felt in 2007, when she first saw the barbed wire fences surrounding the Cleveland Prison Unit in Cleveland, Tex. After she passed through security, a guard escorted her down a hallway to a classroom full of former gang members and convicted felons awaiting Pohlmeier and her classmates from the honors program at Texas A&M Mays Business School (Mays Full-Time MBA Profile). ...
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