- President Obama is expected to announce $1.5 billion in federal housing funds for five states hit hardest by the foreclosure crisis.
- A new U.N. report estimates that the world's 3,000 largest companies cause $2.2 trillion in climate damage per year, a full third of profits.
- U.S. figure skater Evan Lysachek pulled off one of the biggest upsets of the Olympics as he takes the gold over favored Russian Evgeni Plushenko.
- The Fed signaled quantitative easing may be over as the interbank discount rate was raised a quarter point to 0.75%.
- The EU and US have approved a Microsoft-Yahoo partnership for a joint search engine to combine Yahoo Search with Microsoft's Bing.
If all printers were determined not to print anything till they were sure it would offend nobody, there would be very little printed. -- Benjamin Franklin
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