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Fed's Bullard: May see asset sales late 2010

The Federal Reserve could sell some assets later this year in an effort to whittle down its bloated balance sheet to avoid inflation, a senior Federal Reserve official said on Monday.
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Hamas leader says U.S. blocking Palestinian unity

Hamas leader Khaled Meshaal on Monday accused the United States of undermining Palestinian unity efforts and said he saw no chance for peace in the Middle East under Israel's current leadership.
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Jan retail sales seen to rise

REUTERS FORECASTS:The median forecast for retail sales is for a rise of 0.3 percent after a 0.3 percent fall in December. Forecasts range from a drop of 1 percent to an increase of 0.8 percent.
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13 Famous Bridges Around the World

Most often bridges make us wonder how technology made possible their construction. They are a means of getting from one point to another but although we walk or drive on them (almost) daily, we don't always stop to admire them.
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CVS Caremark profit tops view; shares up 6 percent

CVS Caremark Corp said recent problems at its pharmacy benefits management unit have been corrected and it posted a slightly better-than-expected rise in quarterly profit as its drugstore bested its rivals, driving the company's shares up as much as 8.8 percent.
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Fed's Bullard: Housing should be key in reg reform

The Obama administration and U.S. lawmakers are missing an opportunity to revamp the U.S. housing finance system, which should be central to regulatory reform, a top Federal Reserve official said in an interview on Monday.
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Barnes & Noble's Nook e-reader to hit stores

Bookseller Barnes & Noble Inc. said on Monday that its Nook electronic reader would be available in most of its physical stores as of Wednesday, ahead of Valentine's Day, ending weeks of delays.
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Fed's Bullard: could see asset sales later in 2010

The Federal Reserve could begin to sell off assets later this year and should try to get its balance sheet down to a normal size before the next recession strikes, a senior Federal Reserve official said on Monday.
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S&P, Nasdaq rise, but debt worries limit gains

U.S. stocks edged higher on Monday as several bellwether shares rose on brokerage upgrades and comments about improving economic conditions, though persistent worries about euro zone sovereign debt problems limited gains.
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Pressure grows for Iran sanctions over atomic plans

International pressure for new sanctions against Iran grew on Monday after Tehran announced more moves to expand nuclear fuel production and enrichment plants, heightening Western fears it wants to make atom bombs.
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For obese, vaccine needle size matters

In a new study, the researchers report that using a standard 1-inch needle to immunize obese adolescents against hepatitis B virus produced a much weaker effect than using a longer needle.
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Market rises on energy, Home Depot

The Dow industrials turned positive on Monday as energy shares rose in sync with higher oil prices, and the Nasdaq and the S&P 500 indexes climbed as investors snapped up shares beaten down in the recent sell-off.
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Obama to Democrats: No time to lick our wounds

With his legislative agenda in limbo, Obama sought to rally Democratic activists still reeling from the loss of a pivotal Senate seat last month and now scrambling to head off a Republican challenge in the November congressional elections.
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Safety critic says Toyota has ducked problem

A consumer advocate set to testify this week in a congressional probe of safety issues at Toyota Motor Corp said on Sunday the automaker had skirted a full investigation of unintended acceleration in its vehicles and faced a risk of growing recalls.
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China's CNOOC emerges from shadows, eyes big deal

China National Offshore Oil Corp's likely acquisition of oil field assets in Africa should silence critics concerned that the country's top offshore oil producer has been sitting on too much cash for too long.
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CVS Caremark quarterly profit, sales climb

CVS Caremark Corp posted a higher quarterly profit on Monday as sales at its drugstores increased and it began to attract more business to its pharmacy benefits management unit.
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Lionsgate keen to buy Miramax: report

Hollywood studio Lionsgate, a unit of Lions Gate Entertainment Corp, is looking to buy Walt Disney's Miramax film unit, the New York Post said, citing sources inside or close to Lionsgate.

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