After the Jan. 12 earthquake hit, U.S. forces rushed in the help — distributing food, digging drainage canals, reopening the airport and sending a hospital ship to provide medical assistance. Now, the military is packing up.
Some European airports were reopening to limited traffic Monday after volcanic ash forced their closures. Limited flights are operating in Austria, Sweden, Finland and Norway. Authorities in Germany, Britain, Italy and the Netherlands said their air space was still closed.
Shanghai is counting down to the May 1 opening of the 2010 World Expo. And a sign of China’s political importance is the millions of dollars countries are spending to tout their national brand to the expo’s expected 70 million, mostly Chinese, visitors.
AP – “How to Train Your Dragon” breathed a bit of box-office fire with a $43.3 million opening weekend and a No. 1 debut, according to studio estimates Sunday.
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‘Dragon’ stokes up box office with $43.3M debut
(AP)
The move came minutes after the House Foreign Affairs Committee approved a resolution declaring the killing of Armenians by Ottoman Turks around the time of World War I “genocide.” Turkey, a NATO ally, had warned that the resolution’s approval could jeopardize U.S.-Turkish cooperation and set back talks aimed at opening the Turkey-Armenia border.
The opening ceremonies have ended and the games have begun. The Winter Olympics are underway in Vancouver, but the excitement has been marred by tragedy and slushy conditions. Host Scott Simon talks to Weekend Edition sports guy Howard Bryant, of ESPN.com and ESPN the magazine, about the Olympic Games in Vancouver.
Reuters – Lloyds TSB raised $1 billion via a residential mortgage-backed bond on Friday, reopening a U.S. market that had been shut since mid-2008 because of the credit crunch.
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Lloyds reopens U.S. RMBS market with $1 billion deal
(Reuters)
Reuters – Stock index futures pointed to a higher opening on Wall Street on Wednesday, with futures for the S&P 500 up 0.9 percent, Dow Jones futures up 0.8 percent and Nasdaq 100 futures up 0.8 percent at 4:54 a.m. EST.
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Stock index futures point to early gains on Wall Street
(Reuters)
Reuters – Two former Bear Stearns Cos managers whose hedge funds collapsed early in the financial crisis lied to investors to save their bonuses and reputation, a U.S. prosecutor said in an opening statement at their trial on Wednesday on fraud charges.
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Ex-Bear fund managers lied to investors: prosecutor
(Reuters)
Reuters – Private equity firm Blackstone Group’s chief executive said the worst of the industry’s slump is behind it, and dealflow and IPO investments are opening up again.
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Blackstone CEO says worst over, future brighter
(Reuters)
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