Archive for February, 2010

UK’s Pru plans $20 bln rights offering -source

NEW YORK, Feb 28 (Reuters) - Britain’s Prudential Plc
plans to do a rights offering of about $20 billion to
finance a $35.5 billion purchase of American International
Group’s Asian life insurance unit, a source familiar
with the situation said on Sunday.

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Tragedy, glitches and glory at star-crossed games (AP)

AP - These Olympics will be remembered for all the wrong reasons.

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Tragedy, glitches and glory at star-crossed games (AP)

AP - These Olympics will be remembered for all the wrong reasons.

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UPDATE 2-Germany’s Merck to buy Millipore in $7.2 bln deal

* Merck KGaA will fund deal from own cash and debt
(Adds details, background)

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UPDATE 2-Germany’s Merck to buy Millipore in $7.2 bln deal

* Merck KGaA will fund deal from own cash and debt
(Adds details, background)

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Video: Resuscitating Health Care Bill

Resuscitating the health care reform bill was the focus of President Obama’s much publicized Blair House Summit. Political analyst John Dickerson speaks with Russ Mitchell about health care reform.

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Blaming the weather for high unemployment

WASHINGTON (Reuters) - Snowstorms have repeatedly battered parts of the United States this winter, making it more difficult to discern returning weakness in the economy from

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Crosby’s goal wins gold, Canada beats US 3-2 in OT (AP)

AP - This was the best possible way to end the Olympics for Canada.

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Lakers get first win over Nuggets with second-half comeback

LOS ANGELES (Reuters) - The NBA champion Los Angeles Lakers produced a second half comeback to beat the Denver Nuggets 95-89 Sunday, and their first victory over their Western Conference rivals this season.

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Senate financial reform talks snag on watchdog

WASHINGTON (Reuters) - Bipartisan agreement in the Senate on financial reform hit a snag on how much power to give a consumer watchdog office being proposed by Democrats, with marathon talks resuming on Sunday.

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