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Royal Bank of Scotland losses widen on writedowns (AP)

AP - Royal Bank of Scotland, which is majority-owned by the British taxpayer, saw its loss in 2011 swell by 78 percent as it booked large provisions for Greek debt and compensation for buyers of payment protection insurance.

Obama to address gas prices, pitch energy policy (AP)

U.S. President Barack Obama speaks at the ground breaking ceremony for the Smithsonian National Museum of African American History and Culture on the National Mall in Washington February 22, 2012. REUTERS/Kevin Lamarque (UNITED STATES - Tags: POLITICS)AP - President Barack Obama is confronting Americans' anxiety over rising gasoline prices by drawing attention to his energy policies and taking credit for rising oil and gas production, a greater mix of energy sources and decreased consumption.


Liberty Global mulls bid for Ziggo: paper (Reuters)

Reuters - U.S. cable group Liberty Global is considering a bid for Dutch cable firm Ziggo, estimated to be worth 8 billion euros ($10.6 billion) and which is planning a stock listing, Dutch daily De Telegraaf reported on Thursday without citing sources.

FACT CHECK: Errant claims on auto bailout, taxes (AP)

AP - Twenty Republican presidential debates later, the head-scratching claims kept coming.

Take Two: Can a Second Bailout Save Greece? (Time.com)

Time.com - After months of delays, arguments and doubts, euro zone finance ministers agreed on a second, $170 billion bailout of beleaguered Greece in the early hours of Tuesday morning

HP profit plummets, CEO urges patience (Reuters)

Reuters - Hewlett-Packard Co's earnings fell nearly 44 percent and the world's No. 1 computer maker forecast a second-quarter profit below Wall Street estimates as it struggles with weak sales of PCs and printers.

Romney proposes 28 percent top income tax rate (Reuters)

Reuters - Republican Mitt Romney revised his proposal for overhauling the U.S. tax code on Wednesday, calling for all individual tax rates to be cut by 20 percent while declining to offer specifics on how to make up the lost revenue from lower rates.

Ford to add $3.8B to pension plans this year (AP)

AP - Ford Motor Co. will pump $3.8 billion into its global pension plans this year as it tries to get them closer to fully funding their obligations.

Some money from mortgage settlement to be diverted (AP)

AP - The ink wasn't even dry on a settlement with the nation's top mortgage lenders when Missouri Gov. Jay Nixon laid claim to a chunk of the money to avert a huge budget cut for public colleges and universities.

Burned before, Fed officials cautious on rebound (Reuters)

Reuters - U.S. central bank officials have good reason to be skeptical about the strength of the economy: excessive optimism has caught them flat-footed before.

Banks sink on European economic worry (Reuters)

Traders work on the floor of the New York Stock Exchange February 21, 2012. REUTERS/Brendan McDermidReuters - Banks led stocks lower on Wednesday as the S&P 500 stalled near a 10-month-high after signs of weak European business activity rekindled concerns about a recession overseas.


Greek lawmakers rush to clear promised austerity (AP)

AP - Greece scrambled Wednesday to push through a batch of emergency laws that will further cut incomes and state spending, a day after securing a new bailout and debt relief deal designed to stave off bankruptcy.

Private jet shipments slip, but improvement seen (Reuters)

Reuters - Worldwide shipments of business jets and other private aircraft fell again last year, but billings rose modestly in a sign of improvement in a tough economy.

Fitch downgrades Greece on debt swap plan (Reuters)

Reuters - Fitch cut Greece's long-term ratings on Wednesday to its lowest rating above a default, becoming the first ratings agency to make the widely expected downgrade after the country announced a bond exchange plan to ease its massive debt burden.

Holiday spending pushes Macy's 4Q profit higher (AP)

FILE - In this file photo taken Sept, 29, 2011, Elsy Santiago, left, and her sister Betsy, exit Macy's in Hialeah, Fla. Macy's Inc. said Tuesday, Feb. 21, 2012, its fiscal fourth-quarter net income climbed 12 percent thanks to strong holiday spending and surging online sales. (AP Photo/Alan Diaz, File)AP - A strong holiday shopping season and hearty online sales pushed Macy's Inc.'s fourth quarter net income up 12 percent. That topped Wall Street's expectations, and the department store chain's stock hit a 52-week high.


World stocks rise on hopes for Greece, US economy (AP)

A man walks in front of the electronic stock board of a securities firm in Tokyo, Friday, Feb. 17, 2012. Asian stocks rose strongly on Friday after encouraging U.S. housing and employment reports sent Wall Street to its highest level this year and added to growing optimism of a recovery in the world's No. 1 economy. Tokyo's benchmark Nikkei 225 index jumped 1.9 percent to 9,412.27. (AP Photo/Itsuo Inouye)AP - Stock markets advanced Friday on hopes that Greece would soon get its crucial second bailout and following another batch of upbeat U.S. economic news.


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