Japan’s Dai-Ichi Life Plans Offering - Dai-ichi Mutual Life Insurance, Japan’s second-largest life insurer, said it planned to sell about $11.7 billion of shares in Japan’s largest I.P.O. in more than a decade. [Global Business NYTimes]

Obama puts forward $1 trillion health care plan

WORLD FOREX: Euro Drops Amid Renewed Worries Over Debt - Wall Street Journal -

Oil drilling companies in $11 billion merger deal - Oil services giant Schlumberger Ltd. says it is buying rival Smith International Inc. in an all-stock deal worth $11 billion. [CNNMoney.com]

Lufthansa strike hits passengers - A four-day strike by pilots at Germany's national airline Lufthansa gets underway, causing widespread disruption. [BBC]

Judge OKs SEC/Bank of America $150 million accord - NEW YORK (Reuters) - Bank of America Corp on Monday won approval of a $150 million settlement with the U.S. Securities and Exchange Commission over the Merrill Lynch & Co merger, ending an embarrassing public battle between the largest U.S. bank and the nation's top securities regulator.

Tech Industry Catches Its Breath After a Burst of Innovation - After a series of new products have altered the technology landscape in recent years, companies at the Mobile World Congress are making smaller changes. [Global Business NYTimes]

Tesla: 3 employees killed in Calif. plane crash

More Regional Drug-Store Deals Seen After Walgreen's Duane Reade Buy - Wall Street Journal -

Federal deficit falls to $42 billion in January - The U.S. government posted a $42.6 billion deficit in January, the Treasury Department reported Wednesday, marking the 16th month in a row that U.S. government operations have been in the red. [CNNMoney.com]