UNITED STATES

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Fed policy debate begins as recession ends

Comments from two senior Federal Reserve officials on Monday touched on what could become a struggle in the coming months and years over how and when to unwind the bank's dramatically accommodative policy.

U.S. looking at selling Citi shares: report

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The Treasury Department is talking to Citigroup Inc about how to sell the roughly one-third stake the government acquired as part of its bailout of the bank, Bloomberg reported, citing people familiar with the matter.
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J&J, Elan cut deal price, resolve Biogen dispute

Johnson & Johnson has cut the amount it will pay for its 18.4 percent stake in Irish drugmaker Elan Corp Plc by $115 million to $885 million, setting Elan up for recriminations from shareholders and possibly even lawsuits.
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U.S. senator promises look into cellphone-cancer link

Iowa senator Tom Harkin, newly empowered to investigate health matters as chairman of the Senate Health, Education, Labor and Pensions Committee, promised on Monday to probe deeply into any potential links between cellphone use and cancer.
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Daily Forex Commentary Sep 15

The Australian Dollar opens on Tuesday at 0.8610. In early domestic trade yesterday, the Aussie moved swiftly beneath US86 cents as local equities opened under pressure after a soft lead from Wall Street last Friday.
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BofA-SEC bonus pact rejected; Cuomo eyes charges

A federal judge rejected Bank of America Corp's $33 million settlement with the U.S. Securities and Exchange Commission over Merrill Lynch & Co bonuses as a contrivance, and New York's top legal officer prepared possible civil charges against bank executives.
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5 Little Known Benefits Of Shiatsu Massage

Shiatsu massage also known as acupressure, is a point-pressure massage using the fingers. It is designed to help regulate the flow of energy within the body. During a shiatsu massage, thumb, fingers, palms or feet to the body apply pressure.
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California feud breaks out on clean energy plan

California Governor Arnold Schwarzenegger will veto a bill requiring the state to get a third of its electricity from solar, wind and other renewable sources, his staff said on Monday in a fight that shows the difficulties of addressing climate change fast.
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Wall Street gains as merger activity boosts mood

Stocks rose on Monday as reports of more merger activity added to a string of recent deals, suggesting investors still see value in the market after its run-up of more than 50 percent since March.
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Oprah seeking Jaycee Lee Dugard's first interview

Oprah Winfrey said she is looking forward to get the first interview with Jaycee Lee Dugard, the girl whose story shocked the nation after she was rescued alive 18 years after living kidnapped with captor Phillip Garrido.
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Kanye West outburst mars MTV music video awards

The MTV video music awards held on Sunday paid tribute to the late Michael Jackson, but was overshadowed by an outburst by rapper Kanye West, who interrupted an acceptance speech by U.S. singer Taylor Swift.
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Whitney Houston says mom rescued her from drugs

Singer Whitney Houston described her ex-husband Bobby Brown as my drug and told Oprah Winfrey in an interview broadcast on Monday that her mother saved her by forcing her into a drug treatment program.
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Wall Street gains as merger activity lifts mood

Stocks rose on Monday as reports of more merger activity, added to a string of recent deals, suggested investors still see value in the market after its run-up of more than 50 percent since March.
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BofA-SEC bonus settlement rejected

A federal judge on Monday rejected Bank of America Corp's and the U.S. Securities and Exchange Commission's $33 million settlement over Merrill Lynch & Co bonuses as a contrivance that deprives shareholders of the truth.
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U.S. tire duties fuel trade tension with China

A U.S. decision to impose special duties on Chinese tires could trigger a host of trade complaints against Chinese products and a backlash from Beijing, creating tensions as Western nations seek China's support at a G20 meeting.
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The Chinese Tea Secrets

As connoisseur of teas, whether real or herbal, asample of the all natural, organic oolong tea was a refreshing change. A trip to the local coffee house gave me the opportunity to try this Asian delight.
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Obama warns Wall Street to get behind reforms

President Barack Obama warned financial firms on Monday to heed the lessons of Lehman Brothers' collapse a year ago and get behind a regulatory overhaul he wants Congress to pass this year.
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Different Kinds of Herbal Chinese Medicines

At one time, Chinese curative and medicine were only well known in their origins. However, nowadays, Chinese alternative treatments and medications are on the mount in the western
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Auto sales boosting Indian rubber demand - industry

Indian rubber consumption in the year to April 2010 is seen at 881,000 tonnes, slightly higher than the previous estimate of 875,000 tonnes helped by higher demand for automobiles, the country's Rubber Board said.
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Dollar, demand worries drag US copper futures down

U.S. copper futures ended lower on Monday, after hitting their lowest levels in nearly two weeks, as a steadier tone in the dollar and worries about recent supply builds and moderating import levels in China combined to drag prices down for the fourth straight session.

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