Business Aftternoon Update
Germany’s Export Prowess Weighs on Euro-Zone
By JACK EWING
Thousands of small German exporters are giving a shot of growth to the E.U., but their success makes it harder for neighbors with high deficits to adjust.
Sharp Drop in Existing Home Sales in January
By JAVIER C. HERNANDEZ
Sales of existing homes fell 7.2 percent; analysts had expected an increase. Meanwhile, the first revision of G.D.P. for late 2009 shows that the economy grew at a 5.9 percent annual pace.
‘Shutter Island’ Got Plenty of Gold From the Olympics
By BILL CARTER
The movie made $41 million in its first week, a career best for Leonardo DiCaprio and Martin Scorsese, thanks largely to its ad campaign.
A.I.G. Reports a Loss and Increases Its Reserves
By MARY WILLIAMS WALSH
The insurance giant attributed most of its $11 billion loss for the year to a fourth-quarter charge taken to reflect that its bailout had been restructured.
Citi to Reshape Its Board as 3 Directors Stand Down
Citigroup on Friday said it planned to reshape its board, nominating Ernesto Zedillo, a former president of Mexico, as a director as three others declined to seek re-election.
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