Monti Targets Italy Labor Law Revamp as Jobless Youth Join Trapped Firemen - Bloomberg

Riccardo Coladarci, a firefighter in Rome for seven years, is trapped and says now it

Egypt Reports February Inflation Accelerated on Increases in Food Prices - Bloomberg

Egypt

Air Canada: Why adding the Boeing 787 Dreamliner could be a travel gamechanger

Air Canada is pinning its future business strategy on Boeing

Procter and Gamble cutting 5,700 jobs

Procter & Gamble announced plans Thursday to cut 5,700 positions globally by June of next year.
In a presentation to the Consumer Analyst Group of New York, Procter & Gamble () CEO Bob McDonald and CFO Jon Moeller said the cuts were part of a plan to save $10 billion in costs by 2016. […]

Volatility Futures Reach 19-Month High on S&P 500 Rally - Bloomberg

Futures traders are pricing in the biggest increase in U.S. equity hedging costs since 2010 after the Standard & Poor

Euro ministers question deal to bail out Greece

Greece gave in to more painful spending and job cuts Thursday, only to have European ministers question whether they were enough to deliver a euro130 billion bailout and stave off bankruptcy.
Greece’s new austerity plan, which makes sharp cuts to the minimum wage and thousands of public-sector jobs, ignited fresh criticism from unions and the country’s […]

Bank of England backs another stimulus

The Bank of England is to inject another 50 billion pounds ($79 billion) into the British economy, which contracted in the last three months of 2011 and is likely to face further difficulties as Europe struggles to contain its raging debt crisis.
The new stimulus, approved by the nine-member Monetary Policy Committee on Thursday and which […]

Insurance deal ends uncertainty for SLU, Des Peres patients

UPDATED at 8:40 p.m.
After months of stop-and-start negotiations, St. Louis University and Des Peres hospitals have reached a new 4-year agreement with HealthLink Inc. and Anthem Blue Cross and Blue Shield in Missouri.
The deal ends the uncertainty for thousands of St. Louis area patients, especially some of those undergoing cancer and transplant patients on long-term […]

Little benefit in boosting already-high credit score

Jeff Rose, 33, a financial planner, is trying to improve his credit score — even though it’s 780, which is 69 points above the median score.
Rose, who lives in Carbondale, Ill., said he opened up a second credit card last year to establish another line of credit and help boost his score. He said he […]

November trade deficit hits $47.8 billion

The U.S. trade deficit widened in November for the first time in five months, largely because of a spike in the price of imported oil.
Still, exports fell for a second straight month, a sign that Europe’s slowdown has begun to affect the U.S. economy.
The trade gap rose 10.4 percent to $47.8 billion, the Commerce Department […]