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'Obama Effect' Keeps Stocks Rising European markets were lower in early trading but Asian stocks extended their new year's rally on hopes that U.S. stimulus measures will help speed the world's economic recovery. Before the Bell: Alcoa, Bank of America, Satyam, employment data in focus U.S. futures extended losses Wednesday after a worse-than-expected reading on U.S. employment added to pressure from Alcoa's decision to slash jobs and lower production. European Stocks Fall After Six-Day Rally, Paced by E.ON; U.S. Futures Drop European stocks retreated for the first time in seven days on speculation deteriorating earnings will overshadow government efforts to revive the global economy. Computer Head Admits to Faking Profits The chairman of India's Satyam Computer Services Ltd. quit Wednesday after admitting the company's profits had been doctored for several years, shaking faith in the country's corporate giants as shares of the ... Predictions for 2009 Here are our predictions for 2009. These are based on input from Andrew Appel, Joe Calandrino, Will Clarkson, Ari Feldman, Ed Felten, Alex Halderman, Joseph Lorenzo Hall, Tim Lee, Paul Ohm, David Robinson, Dan ...
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