US pledges to work with Europe on tax evaders (AP)

AP - The United States and five European nations are pledging to crack down on global tax evaders.

CVS Caremark 4Q profit climbs nearly 4 percent (AP)

AP - CVS Caremark Corp.'s fourth-quarter earnings climbed nearly 4 percent, as the drugstore operator's pharmacy services revenue swelled because of a long-term contract and new business.

Sprint loss widens on iPhone costs (Reuters)

Reuters - Sprint Nextel posted a bigger loss, reflecting the higher costs of selling Apple Inc's . But the loss was smaller than expected because its signed up fewer subscribers than expected.

Frustrations soar as Greeks seek elusive bailout deal (Reuters)

Reuters - Greek parties will try on Wednesday to agree to a reform deal in return for a new EU/IMF rescue to avoid a chaotic default, after repeated delays which have prompted warnings that the euro can live without Athens.

Yahoo chairman exits, review drags on (Reuters)

Reuters - Yahoo Inc Chairman Roy Bostock and three other directors will step down as the struggling company ploughs ahead with an internal overhaul, including discussions on dealing with its stakes in China's Alibaba Group and Yahoo Japan.

Greece stays in play as futures edge higher (Reuters)

Reuters - Stock index futures edged higher on Wednesday as leaders in Greece again attempted to reach a deal on reforms in exchange for a new bailout.

Greek party leaders prepare for crucial debt talks (AP)

AP - Greek coalition leaders are preparing their responses to a draft deal on harsh cutbacks creditors are demanding to approve a euro130 billion ($170 billion) bailout that will help the country avoid a looming bankruptcy next month.

Time Warner quarterly profit beats forecasts (Reuters)

Reuters - Time Warner Inc posted better-than-expected quarterly profit on Wednesday helped by its cable networks and the last installment of its Harry Potter movie franchise.

Nissan sees annual profits beating Toyota, Honda (Reuters)

Reuters - Nissan Motor Co is on track to be the most profitable of Japan's three big automakers this year, after record car sales last year and improved market share in every major region pushed up quarterly operating profit.

Higher speeds, hired guns drive Somali piracy cost (Reuters)

Reuters - Somali piracy in the Indian Ocean costs the global economy some $7 billion a year, a study said on Wednesday, with ships forced to travel faster over longer routes and increasingly hire armed security guards.

Statoil earnings surge on higher oil, gas prices (AP)

AP - Norwegian oil company Statoil ASA on Wednesday said its profits soared in the fourth quarter on higher oil and gas prices and a one-time gain from the sale of a stake in a gas transportation company.

Eyes on dissident states as mortgage deal nears (Reuters)

Reuters - A broad settlement with major banks over mortgage servicing abuses that would bring relief to distressed U.S. homeowners could be announced as early Thursday, two people familiar with the matter said.

AP Enterprise: Brown bank regulator an insider (AP)

AP - Gov. Jerry Brown's appointee to head the department that oversees banking, financial and consumer regulations in California led a trade association that fought against tighter lending restrictions before the subprime mortgage crisis exploded and was an executive with Washington Mutual when the now-failed bank was among the most aggressive marketers of loans to high-risk borrowers.

Report: Silicon Valley sees growth in jobs, wealth (AP)

AP - Silicon Valley is creating jobs and wealth for highly skilled workers but may be leaving some residents behind as employment closes in on pre-Great Recession levels, according to a report released Tuesday.

Walmart names ex-Woolworths veteran as new China CEO (Reuters)

Reuters - Wal-Mart Stores Inc has named an industry veteran, but a relative newcomer to China, to run what is a strategically crucial business for the world's biggest retailer as it faces tougher competition in the fastest growing major economy.

Bangladeshi Investors Badly Hit by the Stock-Market Crash (Time.com)

Time.com - The dramatic rise and swift fall of Bangladesh's stock market is a cautionary tale for emerging-market investors oblivious to the perils of hasty deregulation and rapid capital inflows