Stock Trading - Economists Predict First Quarter Rebound

Economists Predict First Quarter Rebound
WASHINGTON — The economy, which stubbed its toe in the final quarter of 2005, is probably back on firm footing in the opening quarter of this year despite a cooling housing market and somewhat skittish consumers.
JEANNINE AVERSA

Court Blocks DOD's New Rules for Workers
A federal judge blocked the Defense Department from implementing much of its new personnel system yesterday, handing the Bush administration a major setback in its efforts to streamline work rules and install pay-for-performance systems in federal workplaces.

Christopher Lee

AmeriCorps Civilian Program Faces $22 Million Budget Cut
President Bush, who embraced AmeriCorps as part of his "compassionate conservative" agenda in 2001, now wants to shut down a part of the national service program that his administration has deemed "ineffective."
Christopher Lee

Gaz de France to Acquire Energy, Water Supplier
PARIS — State-backed Gaz de France SA is buying French energy and water supplier Suez SA for more than $46 billion in cash and stock, seeking to fend off a possible bid for Suez by Italy's biggest power company, Enel SpA.

Laurence Frost

A Reversal of the Tide in India
MADRAS, India — In 1997, Dutt Kalluri left India to work for a Canadian software company, hoping the overseas experience would do his r sum good. A year later, he was promoted to head U.S. operations from Rockville. But as he returned to India for business and to visit his elderly mother, he…
S. Mitra Kalita

Existing Home Sales Fall for Fifth Month
WASHINGTON — Sales of existing homes fell for a fifth consecutive month in January as the once-sizzling housing market cooled further.
MARTIN CRUTSINGER

New-Home Sales Fell 5% in Jan.
Home builders across the country have been advertising thousands of dollars in incentives to would-be buyers this winter, but it looks like shoppers have not been swayed.
Sandra Fleishman

Howard Stern Claims CBS 'Bullying' Him
NEW YORK — Shock jock Howard Stern claimed that his former employer CBS Corp. is "bullying" him and threatening to sue him for financial damages.
AP

SEC Approves Merger Of NYSE, Archipelago
The Securities and Exchange Commission yesterday cleared the way for the New York Stock Exchange to merge with electronic trader Archipelago Holdings Inc., giving final approval to a deal that will make the NYSE a publicly traded company and end its 213-year history as a member-owned exchange.
Kathleen Day

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