Financial shares jump on bank aid, Wells Fargo (Reuters)
Reuters – Shares of major U.S. banks soared after the market open on Wednesday, boosted by optimism that President Barack Obama’s administration was moving quickly to stabilize the banking sector and as lawmakers get ready to vote on a stimulus package to boost the recession-hit economy.
OPEC warns of further oil cuts: sec gen (AFP)
AFP – OPEC members need an oil price above 50 dollars a barrel to make exports worthwhile, the head of the cartel said Thursday, adding that more production cuts were possible later this year.
Overstock.com Reports Fourth Quarter and Fiscal Year 2008 Financial Results
SportsWatch: Super Bowl pits NFL royalty against newcomer to title game
Ben Roethlisberger and Kurt Warner, two quarterbacks hoping to atone for past disappointments on U.S. professional sports’ biggest stage, are set to lead their football teams into Sunday night’s Super Bowl.
