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• Wall St drops 1 percent as Greek talks stall (Reuters)
• Greeks strike against austerity before crucial vote (Reuters)
• EU expected to approve Google's Motorola deal: sources (Reuters)
• Consumer morale sags, trade gap widens (Reuters)
• Hedge fund manager charged with insider trading (Reuters)
• A look at economic developments around the globe (AP)
• Exclusive: Brazil jets deal heats up as Boeing freezes bid (Reuters)
• Alcatel-Lucent returns to profit in 2011 (AP)
• Greece caught between protests, austerity demands (AP)
• Hawaii joins $25B mortgage servicing settlement (AP)
• Spain approves crucial labor market reforms (AP)
• The Foreclosure Deal: Obama and the Banks Win Big While Homeowners See Modest Reward (Time.com)
• CA-CANADA Summary (Reuters)
• Not the DIY type? Tips to find a tax preparer (AP)
• Summary Box: GM gets OK for new China plant (AP)

Wall St drops 1 percent as Greek talks stall (Reuters) Posted: 10 Feb 2012 07:23 AM PST Reuters - Stocks dropped on Friday as the most recent flare-up in Greek negotiations for a financial bailout package put the S&P 500 on track to snap a three-day winning streak.

Greeks strike against austerity before crucial vote (Reuters) Posted: 10 Feb 2012 07:18 AM PST Reuters - Striking Greek workers denounced a new wave of austerity on Friday as an imposition too far by Europe and the IMF. Finance Minister Evangelos Venizelos told the nation it faced a stark choice between sacrifices inside the euro area and bigger sacrifices outside.

EU expected to approve Google's Motorola deal: sources (Reuters) Posted: 10 Feb 2012 09:31 AM PST Reuters - Google Inc is expected to win approval next week from European regulators as well as U.S. antitrust authorities for its planned $12.5 billion purchase of Motorola Mobility , according to people familiar with the matter.

Consumer morale sags, trade gap widens (Reuters) Posted: 10 Feb 2012 08:34 AM PST Reuters - Concerns about weak incomes weighed on consumer confidence in early February, but rising optimism over the jobs market should help to support spending and the broader economy.

Hedge fund manager charged with insider trading (Reuters) Posted: 10 Feb 2012 08:26 AM PST Reuters - A California-based hedge fund manager surrendered to FBI agents on insider-trading charges on Friday, the latest in a series of cases brought by the U.S. government in recent years against money managers and traders.

A look at economic developments around the globe (AP) Posted: 08 Feb 2012 03:24 PM PST AP - A look at economic developments and activity in major stock markets around the world Wednesday:

Exclusive: Brazil jets deal heats up as Boeing freezes bid (Reuters) Posted: 10 Feb 2012 05:43 AM PST Reuters - Boeing has frozen the price on its bid for a multi-billion-dollar Brazilian air force jet contract, sources close to the deal told Reuters, as the global race to sell military hardware to emerging economic powers becomes more competitive.

Alcatel-Lucent returns to profit in 2011 (AP) Posted: 10 Feb 2012 04:57 AM PST AP - Telecommunications equipment maker Alcatel-Lucent said Friday that years of cost-cutting helped it make an annual profit in 2011, its first since its trans-Atlantic merger in 2006.

Greece caught between protests, austerity demands (AP) Posted: 10 Feb 2012 08:58 AM PST AP - Greece's future in the euro grew increasingly precarious Friday as violence erupted on the streets of Athens during a general strike and five politicians resigned from the government after European leaders demanded deeper spending cuts.

Hawaii joins $25B mortgage servicing settlement (AP) Posted: 10 Feb 2012 07:18 AM PST AP - Hawaii has joined what's being called a landmark $25 billion federal-state agreement with the nation's five biggest mortgage servicers.

Spain approves crucial labor market reforms (AP) Posted: 10 Feb 2012 08:29 AM PST AP - Spain's new conservative government approved sweeping labor market reforms on Friday as part of a drive to revive a sick economy and solve Europe's worst unemployment nightmare.

The Foreclosure Deal: Obama and the Banks Win Big While Homeowners See Modest Reward (Time.com) Posted: 10 Feb 2012 08:10 AM PST Time.com - Overall, it's a clear win for Obama and Democrats, a qualified win for the banks, and a minor, belated victory for homeowners

CA-CANADA Summary (Reuters) Posted: 10 Feb 2012 08:52 AM PST Reuters - Canada's prime minister on Friday made his strongest comments yet in support of a proposed pipeline from oil-rich Alberta to the Pacific coast, saying his government was committed to ensuring the controversial project went ahead. Enbridge Inc's Northern Gateway pipeline, which is strongly opposed by green groups and some aboriginal bands, would allow Canada to send tankers of crude to China and reduce reliance on the U.S. market.

Not the DIY type? Tips to find a tax preparer (AP) Posted: 10 Feb 2012 06:25 AM PST AP - If your financial life is simple and you have basic computer skills, using do-it-yourself software is an "EZ" way to file your tax return.

Summary Box: GM gets OK for new China plant (AP) Posted: 10 Feb 2012 08:10 AM PST AP - THUMBS UP: General Motors Co. won approval from environmental authorities in central China for a new $1.1 billion assembly plant, though the company says it has not yet decided on the plan. The go-ahead is one of many required a large project.

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