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EU's Barroso says sure Spain will honor commitments (Reuters)
March 5, 2012
Reuters - European Commission President Jose Manuel Barroso said on Monday he was confident Spain would fulfill its EU budget discipline commitments despite setting itself a softer 2012 deficit target than originally planned.
EPA heightens scrutiny of Pa.'s Marcellus Shale (AP)
March 5, 2012
AP - Tugging on rubber gloves, a laboratory worker kneels before a gushing spigot behind Kim Grosso's house and positions an empty bottle under the clear, cold stream. The process is repeated dozens of times as bottles are filled, marked and packed into coolers.
Austerity brings smaller cars to Geneva auto show (AP)
March 5, 2012
AP - Automakers are thinking small — in size, not ambition.
Euro zone retail sales post surprise rise (Reuters)
March 5, 2012
Reuters - Euro zone shoppers increased spending in January, a surprise after four months of falls but economists said a quarterly reading that smoothes over the data still showed a large decline.
Iceland's ex-PM faces trial over financial crisis (AP)
March 5, 2012
AP - Iceland's former prime minister went on trial Monday as the first world leader to face criminal charges over the 2008 financial crisis that affected much of the world economy.
AIG sells AIA shares to pay $6B off US bailout tab (AP)
March 5, 2012
AP - American International Group Inc. is selling part of its stake in AIA Group Ltd. to raise $6 billion as it continues to repay the $182 billion government bailout that prevented the company's collapse during the 2008 financial crisis.
Credit Suisse to buy back $4.4 billion of securities (Reuters)
March 5, 2012
Reuters - Credit Suisse said on Monday it planned to buy back up to 4 billion Swiss francs ($4.4 billion) in outstanding securities in a bid to comply with the new Swiss and Basel III global capital adequacy rules.
Jaguar Land Rover, Chery seek OK for $2.8 billion JV (Reuters)
March 5, 2012
Reuters - Jaguar Land Rover and Chery Automobile Co are seeking regulatory approval for a 17.5 billion yuan ($2.78 billion) car venture in eastern China, two people with direct knowledge of the deal told Reuters on Monday.
Oil hovers below $107 in Asia amid Iran tension (AP)
March 5, 2012
AP - Oil prices hovered below $107 a barrel Monday in Asia as simmering tensions over Iran's nuclear program kept crude near 10-month highs.
BP boosted by oil spill settlement (Reuters)
March 5, 2012
Reuters - Shares in BP rose over 2 percent on Monday after the oil giant reached a settlement with businesses and individuals impacted by the Gulf of Mexico oil spill worth an estimated $7.8 billion.
 
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World News
Syria faces mounting pressure on aid, rights abuses (Reuters)
March 5, 2012
Reuters - Syria's President Bashar al-Assad faces growing pressure for blocking humanitarian aid and human rights abuses, with the U.N. humanitarian chief set to visit the country this week and the broadcast of harrowing pictures said to show torture victims at a hospital in the embattled city of Homs
»More than half of Americans back Obama's Koran apology (Reuters)
»140 dead in al-Qaida attack on Yemen army (AP)
»U.S.-Afghan strategic partnership talks stalled (Reuters)
»Suicide attack on Afghan NATO base where Korans burned (Reuters)
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Sports News
VCU wins CAA, 59-56 over top-seeded Drexel (AP)
March 6, 2012
AP - Darius Theus had a career-high 16 points and five steals and Troy Daniels made four huge free throws in the final 19 seconds, allowing VCU to hang on and beat top-seeded Drexel 59-56 Monday night in the championship of the Colonial Athletic Association tournament.
»McCarthy gets nod to start opening day for A's (AP)
»A-Rod's offer to Jeremy Lin: Need a new roomie? (AP)
»Valentine bans alcohol in Red Sox clubhouse (AP)
»4 Marquette players disciplined for game at WVU (AP)
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