Word: billioned
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...pick up. "There has definitely been a surge in the past 12 to 18 months," says Fred Tomczyk, chief executive of TD Ameritrade. "We've had very good growth trends." In TD Ameritrade's fiscal first quarter that ended on Dec. 31, 2009, net new assets rose to $8.7 billion from $7.8 billion a year earlier, according to Kim Hillyer, the company's senior manager of communications...
...when it comes to using nuclear power at home, Obama evidently feels a lot friendlier. Speaking at a job-training center in Lanham, Md., the President announced more than $8 billion in federal loan guarantees for the construction of the first nuclear power plants in the U.S. in more than 30 years. "To meet our growing energy needs and prevent the worst consequences of climate change, we'll need to increase our supply of nuclear power," said Obama. "It's that simple." (See pictures of the effects of global warming...
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...damage done to Toyota by its recall of more than 5.3 million autos is accumulating: U.S. sales dropped 16% in January, and the company's stock surrendered $21 billion of value in a single week. The U.S. Department of Transportation (DOT) threatened the company with fines for being slow to react to the problems--a pair of faults that can cause sudden, dangerous acceleration--even though the DOT has been criticized for the same reason. Lawyers, who are never slow to react, are swarming. One class action alleges that jammed accelerators on Toyotas have caused 16 deaths and 243 injuries...