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Two Senators confident of Bernanke confirmation

WASHINGTON (Reuters) – The Democratic chairman and a Republican on the Senate banking committee said on Saturday they were confident Federal Reserve Chairman Ben Bernanke would win confirmation for a second term. Originally posted here: Two Senators confident of Bernanke confirmation

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O’Brien: Moving ‘Tonight’ for Leno would be ‘its destruction’

Conan O’Brien suggested in a statement Tuesday that he will not accept NBC’s proposal to move “The Tonight Show,” which he hosts, to 12:05 a.m. ET. Originally posted here: O’Brien: Moving ‘Tonight’ for Leno would be ‘its destruction’

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JAL against bankruptcy, favors Delta offer: report (Reuters)

Reuters – The president of Japan Airlines Corp (9205.T) said he is against a bankruptcy proceeding under a state restructuring plan and has no plans to completely withdraw the carrier from overseas flights, the Asahi Shimbun daily reported. Originally posted here: JAL against bankruptcy, favors Delta offer: report …

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NY’s Tavern on the Green restaurant bites the dust

DATELINE: NEW YORK (AP)– NY’s Tavern on the Green restaurant bites the dust Tavern on the Green, once America’s highest-grossing restaurant, is singing its culinary swan song. The former sheepfold at the edge of Central Park, now ringed by twinkling lights and fake topiary animals, is preparing f Originally posted here: NY’s …

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Simmons Bedding financiers seek Chinese bidder: report (Reuters)

Reuters – A group of financiers is trying to put a U.S. mattress maker now under bankruptcy court protection into play by encouraging Chinese bidders to top an already arranged offer for Simmons Bedding Co. , the Wall Street Journal reported late on Saturday. Originally posted here: Simmons Bedding financiers seek …

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The Proposed Consumer Financial Protection Agency

A Consumer Financial Protection Agency has been put forth as one of the proposals to address regulatory deficiencies that allowed of institutions offering those selling consumer financial products to overreach. Professor Jennifer Martin looks at the proposed legislation to create a new federal con Originally posted here: The Proposed Consumer Financial …

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Blizzard conditions could cripple Mount Hood hiker search

The search for two climbers missing on the frigid slopes of Oregon’s Mount Hood faced new perils Monday as the threat of an avalanche kept ground teams off the mountain through the morning. Originally posted here: Blizzard conditions could cripple Mount Hood hiker search

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Citi Getting Out From Under TARP

Citigroup plans to repay $20 billion that it borrowed from U.S. Originally posted here: Citi Getting Out From Under TARP

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Stocks and dollar struggle after Bernanke comments

LONDON (Reuters) – Global share markets were becalmed on Tuesday and the dollar struggled after Federal Reserve Chairman Ben Bernanke gave a cautious assessment of the world’s biggest economy, driving investors toward government debt. Originally posted here: Stocks and dollar struggle after Bernanke comments

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North Korea talks seen unlikely to end arms stalemate

WASHINGTON (Reuters) – President Barack Obama’s envoy for North Korea makes a rare visit to the reclusive communist state on Tuesday pursuing a mission analysts say has little chance of breaking the stalemate over Pyongyang’s nuclear arms program. Originally posted here: North Korea talks seen unlikely to end arms stalemate

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