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A look at possible money-market fund rules

The Associated Press | Feb. 9 at 4:35 p.m.

The Securities and Exchange Commission is drafting proposals to further strengthen money-market mutual funds, two years after it approved an initial set of new rules in the wake of the financial crisis.

Kodak to stop making cameras, digital frames

The Associated Press | Feb. 9 at 5:20 p.m.

Picture it: Save for a few disposable point-and-shoots, Kodak is exiting the camera business.

Katrina-Rita suit: Insurer offers $80M to settle

By ALAN SAYRE, Associated Press | Feb. 9 at 3:25 p.m.

Louisiana's property insurer of last resort has offered to settle a dispute over the slow handling of claims from hurricanes Katrina and Rita in 2005 for up to $80 million.

Oil below $100 amid signs of improving US economy

By ALEX KENNEDY, Associated Press | Today at 12:15 a.m.

Oil prices hovered below $100 a barrel Friday in Asia as encouraging news about the U.S. economy was tempered by European demands for Greece to make further spending cuts before getting a new bailout.

Summary Box: Vodafone Q3 revenue flat

The Associated Press | Feb. 9 at 1:45 p.m.

HOLD STEADY: Vodafone Group PLC, the world's largest mobile communications company, says revenue held steady in the final three months of 2011 as double-digit gains in India and Turkey were offset by slumps in Italy and Spain.

Asia stocks slip as Greek bailout remains in limbo

By PAMELA SAMPSON, AP Business Writer | Feb. 9 at 11:10 p.m.

Asian stock markets dropped Friday after Europe's finance ministers demanded more spending cuts from Greece before clearing a euro130 billion ($170 billion) bailout to stave off the country's bankruptcy.

FDA outlines path for lower-priced biotech drugs

By MATTHEW PERRONE, AP Health Writer | Feb. 9 at 4:30 p.m.

The Food and Drug Administration is preparing to review the first lower-cost versions of biotech drugs, expensive medications which have never before faced generic competition.

Fidelity: 401(k) balances little changed over 2011

By MARK JEWELL, AP Personal Finance Writer | Feb. 8 at 11:10 p.m.

Workers stashed money away in their 401(k) retirement plans at a faster clip last year but didn't get an immediate reward for their savings strategy. Fidelity Investments, the nation's biggest 401(k) administrator, says the average account balance was essentially unchanged in 2011, compared with 2010.

Guerlain perfume heir accused of racism in trial

By INGRID ROUSSEAU, Associated Press | Feb. 9 at 1:55 p.m.

An heir to the Guerlain perfume empire went on trial Thursday in Paris on charges he made racist insults on national television.

Federal agency looking at high-frequency traders

The Associated Press | Feb. 9 at 5:50 p.m.

The Commodity Futures Trading Commission is looking at high-frequency traders to gauge their importance in the markets and consider possible new rules for them.

Greek deal to cut spending does not end debt drama

By DAVID McHUGH, AP Business Writer | Feb. 9 at 8:05 p.m.

More than two years after it came clean about its addiction to debt, Greece may finally have begun its long and painful road to recovery.

Want an aisle seat? Not for $2,000, Ralph Nader tells American Airlines

By MARIA RECIO, McClatchy Newspapers | Feb. 9 at 4:25 p.m.

As if bankrupt American Airlines didn't have enough problems, along comes consumer advocate Ralph Nader, who's really steamed that for a flight Saturday to Dallas/Fort Worth Airport, the only way for a non-frequent flyer to get an aisle seat was to pay a full $2,680 fare instead of the $700 price he'd already paid.

$25B settlement reached over foreclosure abuses

By DEREK KRAVITZ, AP Real Estate Writer | Feb. 9 at 5:20 p.m.

A landmark $25 billion settlement with the nation's top mortgage lenders was hailed by government officials Thursday as long-overdue relief for victims of foreclosure abuses. But consumer advocates countered that far too few people will benefit.

Wheat prices fall on record stockpile forecast

By SANDY SHORE, AP Business Writer | Feb. 9 at 3:25 p.m.

Wheat prices fell Thursday after the government predicted global inventories would reach a record high by summer.

China skirting African corruption in direct aid

By RODNEY MUHUMUZA, Associated Press | Feb. 9 at 7:05 a.m.

China last month sent a senior official to symbolically hand over the keys to a nine-story twin tower to house Uganda's president and prime minister, a gift from Beijing.

Understanding Greece's Austerity Deal

The Associated Press | Feb. 9 at 12:40 p.m.

Greece's political leaders on Thursday agreed to steep government cutbacks and economic reforms to qualify for a euro130 billion ($170 billion) bailout from other countries in Europe and around the world.

Hard economic times sharpen Spaniards' sneaky side

By DANIEL WOOLLS, Associated Press | Feb. 9 at 3:02 a.m.

Leather seats are disappearing from cars. Precious jewels are vanishing from drawers. TVs are spirited out of homes in the dead of night.

Chemical convention to return to Honolulu in 2015

The Associated Press | Feb. 9 at 11 a.m.

The largest chemical conference in the Asia-Pacific region is returning to the Hawaii Convention Center in 2015.

US natural gas supplies fell last week

The Associated Press | Feb. 9 at 9:55 a.m.

The nation's natural gas supplies shrank last week, the government said Thursday.

Euro ministers cold on deal to bail out Greece

By GABRIELE STEINHAUSER, AP Business Writer | Feb. 9 at 7:40 p.m.

Just hours after Greece gave in to painful new job and spending cuts, European ministers declared Thursday that Athens didn't go far enough and demanded more within a week in exchange for a euro130 billion ($170 billion) bailout to stave off bankruptcy.

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