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Mar 9, 2010

NYT Business Afternoon Update


 Business Afternoon Update
March 9, 2010

Proposal for European Monetary Fund Meets Resistance
By MATTHEW SALTMARSH
Germany’s proposal to establish a European Monetary Fund ran into skepticism 

at home and abroad, highlighting the political and legal hurdles that such an 
undertaking would face.

Telecommunications Stocks Give Wall Street a Lift
By JAVIER C. HERNANDEZ
Investors remained reluctant to make significant moves without a clear sense of 

the recovery’s strength.

Fraud-Alert Service Pays $12 Million Settlement
By EDWARD WYATT
An Arizona company agreed to stop saying that it protected against all types of 

identity theft and constantly monitored credit reports.

Facebook Will Allow Users to Share Location
By NICK BILTON
The social networking site plans to roll out features next month that will give its 

400 million users the option of sharing their location with friends as part of their
news feeds.

SQUARE FEET
A New Airport to Open, but a Dispute Lives On
By SUSAN STELLIN
Backers said Northwest Florida Beaches International would bring new businesses

and residents to the Florida Panhandle; critics said environmental problems had 
already begun.

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