Economic News on Your Mobile


Stimulus funds for high-speed Internet access tangled up

The Obama administration knew that there'd be a lot of interest in the $7.2 billion for high-speed Internet projects it included in last year's huge economic stimulus package.

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Toyota recalls 2010 Prius worldwide

Toyota says it is recalling about 437,000 Prius and other hybrid cars worldwide to fix brake problems the latest in a string of embarrassing safety problems at the world's largest automaker.

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105 S&P 500 stocks are 10% or more off their highs

The threat of a correction for the broad market is worrying investors, but that 10% drop or worse has already happened in 2010 for some stocks, including several of last year's stars.

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Focus on the Family got Super Bowl buzz it wanted

Suddenly, the focus is off the family and on the data.

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American Airlines to charge $8 for blankets, when available

Now that air travelers are warming to the idea of paying extra for service amenities, American Airlines is going to ask them to pay to stay warm in the air.

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Hotels' new-tech TVs have guests fuming

Hotel-room televisions are the "No. 1 pet peeve" of frequent business traveler Chris Byrd.

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AstraZeneca gets OK for expanded Crestor use

Federal regulators have granted AstraZeneca approval to market its cholesterol pill Crestor as a preventive measure against heart attack and stroke in patients with healthy cholesterol levels.

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Google's Gmail to try to challenge Facebook

Google is feeling the heat from red-hot social network Facebook.

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Spinoff lets investors buy a stake in N.Y. Knicks, Rangers

Investors will get a chance to bet directly on the fortunes of the New York Knicks and Rangers and their home arena, Madison Square Garden, beginning Tuesday.

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Judge still has questions on Bank of America settlement

A judge promised Monday to decide by the end of next week whether to approve a $150 million settlement between the Securities and Exchange Commission and Bank of America over civil charges alleging the bank misled shareholders when it acquired Merrill Lynch.

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