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Business News

• U.S. millionaire ranks up 16 percent last year
  CHARLOTTE, North Carolina (Reuters) - The number of U.S. households with a net worth of at least $1 million jumped 16 percent last year after dipping sharply during the financial crisis, an industry consulting group said on Tuesday. […]
• Pentagon could award aerial tanker work sooner
  WASHINGTON (Reuters) - The Pentagon may be able to award a multibillion-dollar aerial tanker contract sooner than planned after Northrop Grumman Corp pulled out of the competition, leaving Boeing Co as a likely sole-source bidder, Pentagon spokesman Bryan Whitman said. […]
• Greece calls for ban on speculative trading
  WASHINGTON (Reuters) - Greek Finance Minister George Papaconstantinou on Tuesday proposed a ban on derivative trading techniques that increase debt costs for countries like Greece which struggle to cut their deficits. […]
• Fed's Evans says labor market weakness pervasive
  ARLINGTON, Virginia (Reuters) - Weak U.S. labor markets are likely to justify easy money policies for quite a while longer, a top Federal Reserve official said on Tuesday. […]
• Wall Street inches up on anniversary of market bottom
  NEW YORK (Reuters) - U.S. stocks edged higher on Tuesday, the one-year anniversary of the market lows reached in the recession, helped by gains in industrial shares as optimism about the recovery remained intact. […]

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