http://myfinlife.com Finance blog: read, write, think. Mon, 06 Feb 2012 18:32:01 +0000 http://backend.userland.com/rss092 en Stocks are edging lower Monday morning as talks drag on between Greek political leaders over a fresh austerity package required for the country to get more bailout loans. The Dow Jones industrial average fell 36 points to 12,825 a half-hour before noon. That's a drop of 0.3 percent. American Express ... http://myfinlife.com/stocks-slip-on-wall-street-as-greek-talks-drag-on/ Canada's prime minister heads to China next week where he'll discuss Canada's vast oil reserves in a visit that's being viewed as an "open warning" to the United States, which rejected a pipeline from Canada to Texas. Prime Minister Stephen Harper will be in Beijing and two other cities for ... http://myfinlife.com/canadian-pm-to-visit-china-next-week/ Portugal http://myfinlife.com/portugal-bond-rout-overstates-greek-likeness-bloomberg/ President Barack Obama announced a package of proposals designed to jolt the housing market, his latest effort to reignite the economy after four years of foreclosures and falling home prices. http://myfinlife.com/obama-plans-assistance-for-refinancing-bloomberg/ None of the 29 Chinese workers abducted after an attack in a volatile region of Sudan have been freed, Chinese state media said Tuesday, dismissing reports that some of the workers had been released. The workers were abducted Saturday by militants in a remote region in the country's south. Sudanese ... http://myfinlife.com/china-says-29-abducted-in-sudan-still-being-held/ Viacom Inc.'s Philippe Dauman led the list of America's top-paid CEOs in 2010 but his pay package for 2011 was nearly halved, mainly because he didn't get stock bonuses for renewing his contract as he did a year ago. Still, an Associated Press tally values Dauman's pay package at $43 ... http://myfinlife.com/viacom-ceo-daumans-pay-drops-to-43m-in-2011/ Much work remains to achieve maximum U.S. employment and stable prices, and the central bank will do its part, an influential Federal Reserve official said on Friday. The pace of the U.S. economic recovery remains "sluggish" and is likely to slow somewhat this year, New York Fed President ... http://myfinlife.com/feds-dudley-much-still-to-do-for-economy/ An unusual small claims lawsuit by a Honda hybrid owner took another complicated turn Wednesday with additional arguments that prompted a commissioner to delay a ruling for more consideration. Superior Court Commissioner Douglas Carnahan said he was aware of "a media blitz on this case," and wanted to be clear ... http://myfinlife.com/court-delays-ruling-on-honda-hybrid-suit/ The war of words between Europe and private investors heated up Tuesday as talks to reduce Greece's massive debt burden hit an impasse. While the finance ministers of the countries that use the euro as their currency adopted a tough stance on how much rescue money they would pump into ... http://myfinlife.com/war-of-words-over-greek-debt-heats-up/ Asian stocks posted muted gains Monday in trade thinned by Chinese New Year holidays as talks on a debt agreement for Greece dragged on. Only a handful of markets were open for business. Trading is closed in mainland China, Hong Kong, Taiwan, Indonesia, Singapore, Malaysia, the Philippines and South Korea. ... http://myfinlife.com/asian-stocks-muted-as-greece-debt-talks-drag-on/