EU crisis summit ‘on March 1’ (AFP)

European Commission Chairman Jose Manuel Barroso (right) welcomes Czech Prime Minister Mirek Topolanek before a meeting at the European headquarters in Brussels. EU leaders will hold an extraordinary summit in Brussels on March 1 to discuss the economic crisis, Topolanek announced on Wednesday.(AFP/Dominique Faget)AFP – EU leaders will hold a special summit on the economic crisis in Brussels on March 1, Czech Prime Minister Mirek Topolanek announced on Wednesday, amid fears of growing protectionism.

Stock futures drop on RIM’s outlook and bank plan dismay (Reuters)

Traders work the floor of the New York Stock Exchange in New York, February 10, 2009. (Eric Thayer/Reuters)Reuters – Stock index futures dropped on Wednesday as a disappointing financial outlook from Research In Motion added to concerns about the impact of the recession on consumer and business spending.

World stocks fall on skepticism over US bank plan (AP)

A man watches a screen showing stock prices at a brokerage firm in Hong Kong Wednesday, Feb. 11, 2009. Asian stock markets dropped Wednesday, following a steep sell-off on Wall Street overnight, as investors reacted with skepticism to the U.S. government's latest plan to rescue the ailing financial industry. The Hang Seng Index ended the morning session at 442 points lower, or 3.2 percent, at 13,437 points. (AP Photo/Vincent Yu)AP – World stock markets were lower Wednesday following a steep sell-off on Wall Street, as investors reacted with skepticism to the U.S. government’s latest plan to rescue the ailing financial industry with as much as $2 trillion in funding.

Toll Brothers 1Q home building revenue drops (AP)

AP – Toll Brothers Inc. said Wednesday its preliminary revenue slipped 51 percent in the first quarter, failing to meet Wall Street expectations as the housing market downturn continued to weigh on the luxury homebuilder’s results.

BlackBerry-maker RIM sees earnings at low end of forecast (Reuters)

A Research In Motion BlackBerry Storm is pictured in New York, November 20, 2008. (Lucas Jackson/Reuters)Reuters – Research In Motion said its fourth-quarter earnings and gross margin would be at the low end of its previous forecast range, even as subscriber additions topped expectations, sending shares down 8 percent.

Bank says UK economy ‘to shrink in 2009’ (AFP)

Cranes loom over Blackfriars Bridge next to St Paul's Cathedral in central London. The Bank of England said that the recession-hit British economy risks shrinking by up to six percent later this year on a 12-month basis, before possibly returning to growth in 2010.(AFP/File/Shaun Curry)AFP – The Bank of England said on Wednesday that the recession-hit British economy risks shrinking by up to six percent later this year on a 12-month basis, before possibly returning to growth in 2010.

401(k) disclosure bill introduced in Senate

Sen. Tom Harkin, D-Iowa, and Sen. Herb Kohl, D-Wis., reintroduced legislation today to enhance fee disclosure requirements for 401(k) plans. ‘It’s absurd that millions of Americans rely on 401(k) plans for their retirement security and yet they aren’t