News Alert: China's Economy Passes Japan's in Quarter, Becoming the World's Second Largest

Breaking News Alert
The New York Times
Sun, August 15, 2010 -- 8:49 PM ET
-----

China's Economy Passes Japan's in Quarter, Becoming the World's Second Largest

After three decades of spectacular growth, China has passed
Japan to become the world's second-largest economy behind the
United States, according to government figures released early
Monday.

The milestone, though anticipated for some time, is the most
striking evidence yet that China's ascendance is for real and
that the rest of the world will have to reckon with a new
economic superpower.

The milestone was reached early Monday, when Tokyo said that
in the second quarter, the Japanese economy was valued at
about $1.28 trillion, slightly below China's figure of $1.33
trillion. The gross domestic product of the United States was
roughly $14 trillion in 2009. Japan's economy grew 0.4
percent in the second quarter, Tokyo said, substantially less
than forecast.

Read More:
http://www.nytimes.com?emc=na

-----
Now get New York Times breaking news alerts sent to your mobile phone.
Sign up by texting NEWSALERTS to 698698 (NYTNYT).
-----

About This E-Mail
You received this message because you are signed up to receive breaking news
alerts from NYTimes.com.

To unsubscribe, change your e-mail address or to sign up for daily headlines
or other newsletters, go to:
http://www.nytimes.com/email

NYTimes.com
620 Eighth Ave.
New York, NY 10018

Copyright 2010 The New York Times Company

FT.com News: Wall St, BP oil spill and global economy latest

If this email is not displayed correctly, please click on the following link or open your browser and paste the link into the address field:
http://us.update.ft.com/?key=0q08r7x0tMvSS0swbmdgkblS16

ft.com/newsletter Front Page World Companies Markets Lex Comment Business Life Weekend This month's highlights: US to pay big tip-off sums | Shaping BP's future | Yen hits 15-year high versus US dollar | The 6am Cut | Can I stop my boss bothering me? | No food crisis, for now IN DEPTH US to pay big tip-off sums The US Securities and Exchange Commission prepares for an expected wave of tip-offs from those eager to win bounties. US companies act on pay clawback rules | Comment: Wall St play for which we pay | Three years on, markets are masters again | Call to reconsider US risk retention plans | RSS: US Banks IN DEPTH Shaping BP's future Learn more about the people that will shape the future of BP after the Deepwater Horizon oil disaster in April. Anadarko looks beyond spill with $2bn issue | Lawsuits threaten BP over air pollution | Costs of BP oil spill increase to $6bn | Experts split over level of BP spill damage | RSS: Oil and Gas GLOBAL OVERVIEW Yen hits 15-year high versus US dollar Deflation risks lift government bonds as 'havens' draw demand China shows further signs of slowing | London shares stay under pressure | Asian stocks edge lower after Fed move | South Korean police raid google offices | RSS: Global Economy   NEW The 6am Cut The 6am Cut delivers key news and commentary at the start of each working day in three regionalised, daily emails for finance professionals covering New York, London and Asia. Subscribe today DEAR LUCY Can I stop my boss bothering me? Lucy Kellaway, the FT's management columnist offers her solution to your workplace problems. Read her latest 'agony aunt' dilemma and have your say too. Read more VIDEO No food crisis, for now Javier Blas, commodities correspondent, talks to Daniel Garrahan about the risk of another food crisis and how rising prices will hit both emerging markets and the developed world. Watch the video Tools: Edit profile | RSS Feeds | News by email | Keyword alerts | Portfolio | FT on Facebook Markets World equities Most Popular The great false choice, stimulus or austerity Google's Android mobiles overtake global iPhone sales North Korea offers Ginseng to pay Czech debt Warning from Cisco chief dents technology sector Whitacre to step down as GM chief In depth on FT.com BP oil spill Eurozone in crisis UK Government spending Obama and Wall Street UK coalition government © THE FINANCIAL TIMES LTD 2009 If you no longer wish to receive email updates about your service from the Financial Times, please use this link. Please see our privacy policy for more details. FT Publications Inc. 1330 Avenue of the Americas, New York, NY 10019. UScVregs100

CRA hearing in Los Angeles to be available for online viewing

CRA hearing in Los Angeles to be available for online viewing

http://www.federalreserve.gov/newsevents/press/other/20100813a.htm

Released by the Board of Governors of the Federal Reserve System

Schedule of upcoming postings to the Board's website
List of items posted to the Board's website over the past two weeks

You can view or update your subscriptions, password or e-mail address at any time on your User Profile Page.  You can always use the "Reset your Password" link on the Log-In page for help.

If you have any questions or problems e-mail support@govdelivery.com for assistance.

Visit us on the web at www.federalreserve.gov.

GovDelivery, Inc. sending on behalf of the Federal Reserve Board · 20th Street and Constitution Avenue NW · Washington DC 20551 · Phone: 202-452-3000

News Alert: Judge Says California Ban on Gay Marriage Can End on Aug. 18

Breaking News Alert
The New York Times
Thu, August 12, 2010 -- 3:49 PM ET
-----

Judge Says California Ban on Gay Marriage Can End on Aug. 18

Just a week after ruling that Proposition 8 - a 2008
voter-approved ban on same-sex marriage - was
unconstitutional, Judge Vaughn R. Walker, the chief judge of
the Federal District Court of the Northern District of
California, lifted a stay on his decision, opening the door
for untold numbers of gay couples to marry in the nation's
most populous state. But he delayed implementation of the
order to lift his stay until Aug. 18.

Read More:
http://www.nytimes.com?emc=na

-----
Now get New York Times breaking news alerts sent to your mobile phone.
Sign up by texting NEWSALERTS to 698698 (NYTNYT).
-----

About This E-Mail
You received this message because you are signed up to receive breaking news
alerts from NYTimes.com.

To unsubscribe, change your e-mail address or to sign up for daily headlines
or other newsletters, go to:
http://www.nytimes.com/email

NYTimes.com
620 Eighth Ave.
New York, NY 10018

Copyright 2010 The New York Times Company

News Alert: Whitacre Plans to Step Down as Chief of General Motors

Breaking News Alert
The New York Times
Thu, August 12, 2010 -- 11:14 AM ET
-----

Edward E. Whitacre Jr. Says He Will Step Down as G.M.'s Chief Executive

In a surprising development, GM's chairman and chief
executive, Edward Whitacre Jr. announced Thursday that he
would step down as chief executive on Sept. 1 and be succeed
by Daniel F. Akerson, a G.M. board member and a managing
director of the Carlyle Group.

Mr. Whitacre will stay on as chairman until year end, when
Mr. Akerson will assume that role as well.

"We're going to have a smooth, seamless transition here," Mr.
Whitacre said.

The announcement came shortly after General Motors said that
it earned $1.3 billion in the second quarter and cited
sustained progress in rebuilding operations after emerging
from its government-sponsored bankruptcy last year.

Read More:
http://www.nytimes.com/2010/08/13/business/13auto.html?hp&emc=na

-----
Now get New York Times breaking news alerts sent to your mobile phone.
Sign up by texting NEWSALERTS to 698698 (NYTNYT).
-----

About This E-Mail
You received this message because you are signed up to receive breaking news
alerts from NYTimes.com.

To unsubscribe, change your e-mail address or to sign up for daily headlines
or other newsletters, go to:
http://www.nytimes.com/email

NYTimes.com
620 Eighth Ave.
New York, NY 10018

Copyright 2010 The New York Times Company

Prompt corrective action directive against Paramount Bank

Prompt corrective action directive against Paramount Bank

http://www.federalreserve.gov/newsevents/press/enforcement/20100812a.htm

Released by the Board of Governors of the Federal Reserve System

Schedule of upcoming postings to the Board's website
List of items posted to the Board's website over the past two weeks

You can view or update your subscriptions, password or e-mail address at any time on your User Profile Page.  You can always use the "Reset your Password" link on the Log-In page for help.

If you have any questions or problems e-mail support@govdelivery.com for assistance.

Visit us on the web at www.federalreserve.gov.

GovDelivery, Inc. sending on behalf of the Federal Reserve Board · 20th Street and Constitution Avenue NW · Washington DC 20551 · Phone: 202-452-3000

Written agreement with Brand Group Holdings and The Brand Banking Company

Written agreement with Brand Group Holdings and The Brand Banking Company

http://www.federalreserve.gov/newsevents/press/enforcement/20100812b.htm

Released by the Board of Governors of the Federal Reserve System

Schedule of upcoming postings to the Board's website
List of items posted to the Board's website over the past two weeks

You can view or update your subscriptions, password or e-mail address at any time on your User Profile Page.  You can always use the "Reset your Password" link on the Log-In page for help.

If you have any questions or problems e-mail support@govdelivery.com for assistance.

Visit us on the web at www.federalreserve.gov.

GovDelivery, Inc. sending on behalf of the Federal Reserve Board · 20th Street and Constitution Avenue NW · Washington DC 20551 · Phone: 202-452-3000