EU finance ministers in talks on help for Greece (AP)
AP – Eurozone finance ministers on Monday debated ways to help Greece if it can’t borrow from bond markets wary of the country’s shaky finances.
Toreador 4Q loss narrows as oil prices rebound (AP)
AP – French energy company Toreador Resources Corp. said Monday that its fourth-quarter loss narrowed to $5 million as rising oil prices partially offset falling production.
Stocks fall on concern about US credit rating (AP)
AP – Concerns about China’s economy and a warning about the U.S. credit rating sent stocks modestly lower.
UK’s Brown wades into BA industrial dispute (AP)
AP – British Prime Minister Gordon Brown waded into the acrimonious dispute between British Airways PLC and its cabin crew on Monday, calling a planned strike “deplorable” and risking a major fallout with key union backers ahead of a general election.
Homebuilder sentiment index falls in March (AP)
AP – The National Association of Home Builders says its housing market index slipped in March, as harsh winter weather and competition from foreclosed properties hurt builders’ sales prospects.
Boston Scientific suspends defibrillator sales (AP)
AP – Medical device maker Boston Scientific said Monday it is suspending sales of its heart-shocking defibrillator implants after failing to alert regulators to changes in manufacturing of the top-selling devices.
Oil prices dive under 80 dollars (AFP)
AFP – World oil prices sank under 80 dollars on Monday, hit by the falling US currency and energy demand concerns, as traders eyed the OPEC cartel’s output meeting due later this week.
21 Ways to Cut Expenses in Retirement (U.S. News & World Report)
U.S. News & World Report – Few Americans are saving enough to finance a retirement that could last 30 years or more. Workers who haven’t accumulated enough to maintain their current standard of living have two choices: delay retirement or learn to live on less money. Those willing to put in a little effort to downsize big and small expenses may be able to get by just fine with a smaller retirement stash. Here are some frugal strategies retirees can employ to stretch their nest eggs:
FCC unveiling sweeping national broadband plan (AP)
AP – Communications regulators are unveiling a sweeping proposal to overhaul U.S. broadband policy. Their aim: to bring affordable, high-speed Internet connections to all Americans and make access much faster for people who already have broadband.
Calvin Klein parent to buy Tommy Hilfiger for $3B (AP)
AP – Two iconic American clothing labels — preppy Tommy Hilfiger and classic Calvin Klein — are coming together under one roof after Phillips-Van Heusen said it will purchase Tommy Hilfiger for about $3 billion in cash and stock.
