Eric Linton

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Asian Shares Edge up, Weighed by Oil Price Concerns

Asian shares rose Friday as solid U.S. data improved sentiment, but the upside may be capped by concerns that rising oil prices could deal a further blow to the fragile euro zone economy and moves to take profits after recent gains.

Bradley Manning Defers Plea at Court-Martial Hearing

U.S. Army intelligence analyst Bradley Manning, accused of the largest leak of classified documents in U.S. history, deferred a plea in a military court arraignment Thursday, marking the first step in a court-martial that could land him in prison for life.

U.S. Reports Progress in Fight Against Uganda Guerrillas

The United States said Thursday it was making progress with its African allies in its push against Uganda's notorious Lord's Resistance Army, but gave no clear end date for the shadowy U.S. military operation unfolding in Central Africa.

Greeks Approve Bond Swap Needed for Bailout

Greece took its first step toward reaping urgently needed funds agreed in a 130-billion-euro rescue package Thursday as its parliament endorsed a bond swap for private holders of its debt.

Europeans Near Deal on Second Greek Bailout

Euro zone finance ministers inched toward approving a second bailout for debt-laden Greece Monday night that would resolve Athens' immediate repayment needs but seems unlikely to revive the nation's shattered economy.

Asian Markets Buoyed by China Easing, Greece Hopes

Markets jumped Monday as policy easing by China and prospects for Greece to clinch a second bailout fund buoyed investor appetite for riskier assets, sending U.S. crude up nearly $2 a barrel and Asian shares up nearly 1 percent.

Syrian Regime Mobilizes to Stifle Protest in Damascus

Police and regime militia patrols fanned out in Damascus' Mezze district Sunday to prevent a repeat of protests against President Bashar al-Assad that have threatened his grip on the capital, opposition activists said.

Keystone Pipeline Bill Passes House

The House of Representatives passed an energy bill Thursday that would wrest control of a permit for the controversial Keystone XL oil pipeline away from President Barack Obama, who has put the project on hold.

Rampant Foreclosure Abuses Suspected Across U.S.

A report this week showing rampant foreclosure abuse in San Francisco reflects similar levels of lender fraud and faulty documentation across the United States, say experts and officials who have done studies in other parts of the country.

Atlanta GOP Debate Canceled When Candidates Drop Out

A planned March 1 debate of Republican presidential candidates in Atlanta was canceled Thursday after Mitt Romney and Ron Paul dropped out of it and the campaign for Rick Santorum expressed doubt he would attend.

Payroll Tax Deal Heads for Congressional Passage

A deal to renew a payroll tax cut for 160 million U.S. workers through 2012 headed on Thursday toward congressional approval as Democratic and Republican leaders rallied support for the bipartisan agreement.

Asian Shares and Euro Drop on Delay on Greek Bailout

Asian shares and the euro fell Thursday as another delay in cementing a crucial bailout for stricken Greece underscored how far Europe is from resolving a debt crisis that threatens the stability of the financial system.

Greeks Push for Bailout Within Days; Europe Skeptical

Greece expressed hope Wednesday that it can secure its second EU/IMF bailout in as many years and a deal on easing its debt burden next week, but its euro zone peers made clear the months of increasingly ill-tempered argument are not quite over yet.

Payroll Tax 'Deal Is Done' in Major Victory for Obama

Negotiators Wednesday evening reached a sweeping tax cut deal that provides a victory to President Barack Obama and his fellow Democrats in Congress and frees Republicans of an issue that threatened to stalk them to the November elections.

Moody's Warns Top U.S., Europe Banks of Review

Moody's Investor Service warned Thursday it could downgrade the credit ratings of 17 global banks and securities firms due to more fragile funding conditions, increased regulatory burdens and a more difficult operating environment.

Moody's Warns of Downgrade of 114 European Banks

Moody's said Wednesday it was taking ratings actions on 114 financial institutions in 16 European countries to reflect the impact of the continent's debt crisis and the deteriorating creditworthiness of governments in the region.

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