Tens of thousands feared dead in Haiti quake

PORT-AU-PRINCE (Reuters) – Tens of thousands of people were feared dead on Wednesday in Haiti’s catastrophic earthquake, buried beneath demolished schools, hospitals and homes, as traumatized citizens milled in streets strewn with rubble and scattered bodies.

Democrats see progress in White House healthcare talks

WASHINGTON (Reuters) – With President Barack Obama urging them on, congressional Democratic leaders met for eight hours at the White House on Wednesday and reported significant progress on finding a final healthcare compromise.

Nikkei edges up as banks, tech shares gain

TOKYO, Jan 14 (Reuters) – Japan’s Nikkei stock average edged up 0.4 percent on Thursday, with tech shares providing a lift after their U.S. peers gained. Mizuho Financial Group gained after Bloomberg reported that the bank is considering a rights

Genii says new bid shows long-term support for Saab

STOCKHOLM (Reuters) – Luxembourg-based Genii Capital said it had submitted a revised offer to GM for ailing carmaker Saab that showed it had the financial muscle to run the firm.

Hedge funds seen losing staff to the SEC: survey

NEW YORK (Reuters) – U.S. hedge funds last year lost staff to endowments, sovereign wealth funds and the U.S. Securities and Exchange Commission, and the trend is likely to continue in 2010, according to a survey by executive recruiter Heidrick & Struggles International Inc.