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echo: yahoonews
to: ALL
from: BEN RITCHEY
date: 2006-02-15 09:35:44
subject: Business News Headlines

Yahoo! News: Business
                  -----------------------------------
                  as of Wed, 15 Feb 2006 15:16:48 GMT

    Bernanke: Fed sees upside inflation risks (Reuters)

Reuters - Federal Reserve Chairman Ben Bernanke said on Wednesday the
 U.S. economy was running so close to capacity that it faced heightened
 risks of an outbreak in inflation that could require higher interest
 rates to tame.

    BlackRock to gain control of Merrill asset mgmt (Reuters)

Reuters - BlackRock Inc. is gaining control of the asset management arm
 of Merrill Lynch & Co. in a deal that will create one of the
 world's biggest money managers with $1 trillion in assets, the
 companies said on Wednesday.

    Stocks rise after Bernanke comments (Reuters)

Reuters - U.S. stocks rose on Wednesday, reversing earlier declines,
 after remarks by new Federal Reserve Chairman Ben Bernanke on inflation
 were consistent with stock market expectations.

    Industrial output fell 0.2 percent in January (Reuters)

Reuters - Output from U.S. factories, mines and utilities unexpectedly
 fell 0.2 percent in January as unseasonably warm weather caused the
 biggest monthly drop on record in utility output, the Federal Reserve
 said on Wednesday.

    Genzyme posts 4th-qtr profit as drug sales rise (Reuters)

Reuters - Genzyme Corp. (GENZ.0) on Wednesday posted a fourth-quarter
 profit, reversing a year-earlier loss, as revenue was boosted by higher
 sales of its drugs for rare and chronic diseases.

    Bernanke: Fed sees upside inflation risks (Reuters)

Reuters - Federal Reserve Chairman Ben Bernanke said on Wednesday the
 U.S. economy was running so close to capacity that it faced heightened
 risks of an outbreak in inflation that could require higher interest
 rates to tame.

    Stocks rise after Bernanke comments (Reuters)

Reuters - U.S. stocks rose on Wednesday, reversing earlier declines,
 after remarks by new Federal Reserve Chairman Ben Bernanke on inflation
 were consistent with stock market expectations.

    Marsh & McLennan swings to profit, but shares drop (Reuters)

Reuters - Marsh & McLennan Cos. , the world's largest insurance
 broker, on Tuesday posted a lower-than-expected quarterly profit as
 insurance premiums declined and revenue dropped at its Putnam mutual
 fund unit.

    Consumers spend January shopping (USATODAY.com)

USATODAY.com - Retail sales rose at the fastest pace in more than four
 years in January as consumers cashed in holiday gift cards and
 unusually warm weather enticed shoppers to get out of their homes and
 spend, the government said Tuesday.

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