Job News From: Forbes
Forbes.com: Business News
- China's Next BubbleLocal governments are looking scarily like Greece, California and Enron.
- The New Financial Crime WaveMortgage fraud is on the rise, along with bogus job counseling services and scams conducted over the Internet.
- Lloyds Lifts Bank SharesThe U.K. bank forecasts a return to profit, boosting financial stocks.
- A Season For Answers In The Auto IndustryAre sales truly on the rebound? Do Americans want small cars? Is there no end to Toyota's troubles? We should find out this spring.
- Innovation Lags In ChinaInstitutional barriers still inhibit China despite tremendous growth in science and technology.
- Palm Shares SlideAfter hours: Palm's CEO admits misstep; SunPower's profit dips.
- Tapping The Power Of The WindCEO of NYISO discusses New York's drive to harness wind energy.
- Tough Talk On YuanAmerica calls for more flexible Chinese currency as Greece reportedly seeks IMF help.
- E.U. Calls For ReformThe new competition commissioner, Joaquin Almunia, tackles economic policy in Europe.
- Billionaire Secrets: Arnon MilchanHow the Hollywood producer won over Wall Street.
- Leveraging FacebookOmniture co-founder, Josh James, on the evolution of social advertising.
- Japan Boosts StimulusCentral bank doubles cheap loans to banks as oil prices gain ground.
- Turkey's Financial RisksThe shelving of talks on an IMF deal could upset economic recovery.
- Blockbuster Tumbles On Bankruptcy ThreatAfter Hours: China's Focus Media narrows it loss.
- 'Obama, Come To Wichita'A message from the private aviation sector to the President.
- Art Of The $135 Million DealRonald Lauder on the Klimt painting he purchased and the value of sharing art.
- Inside An American Billionaire's CastleSteven Schonfeld's $90 million N.Y. estate boasts a nine-hole private golf course.
- Stocks Muddled Before FedAsia holds back ahead of U.S. economic assessment; Europe rises on new support for Greece.
- Financial Crisis Alters Russian BanksReduced funding and diminished growth are just two of the effects of the economic meltdown.
- Fertilizer War EndsAfter hours: CF Industries acquires rival; Limited Brands offers dividend.
Job News From: Yahoo! Business
Yahoo! News: Business News Fri, 19 Mar 2010 20:56:16 GMT
- Judge orders renegotiation of 9/11 settlement (AP)
AP - A federal judge on Friday rejected a legal settlement of more than a half-billion dollars for people sickened by ash and dust from the World Trade Center, saying the deal to compensate 10,000 police officers, firefighters and other laborers didn't contain enough money for the workers.
- Stocks fall as worries about Greek debt return (AP)
AP - Stocks halted their steady climb Friday after renewed concerns about Greece's ability to pay its debts left investors questioning a global economic recovery.
- The four cities that best weathered the recession (AP) AP - Call them the Final Four: The four large cities that have made it through the Great Recession with the smallest increases in unemployment.
- Bair says Senate bill must be tweaked (AP) AP - The head of the Federal Deposit Insurance Corp. said Friday loopholes need to be filled in new Senate legislation to ensure an end to the disastrous "too-big-to-fail" approach that brought the government rushing in to bail out big banks in the financial crisis.
- US states name and shame tax cheats (AFP)
AFP - Americans who don't pay their taxes face hefty fines, can have their property seized or their wages witheld. Or worse still, they could find themselves named and shamed on the Internet.
- Boeing accelerates production of 747, 777 models (AP)
AP - Boeing Co. will speed up production plans for its 777 and 747 models in anticipation of greater demand from commercial airlines.
- American Dairy Chairman Leng You-Bin buys shares (AP) AP - American Dairy Inc., which produces and distributes infant formula, milk powder and soybean, rice and walnut products in China, said Thursday that Chairman Leng You-Bin bought approximately $1 million of its common stock.
- Spain weighs 10-year plan to overhaul economy (AP) AP - Spanish ministers approved Friday a wide-ranging 10-year reform plan designed to wean the economy off its dependence on construction and create broader, more sustainable growth as the country fights to climb out of recession.
- Earnings schedule for week of 03/22/10 (AP) AP - Major companies tentatively scheduled to report quarterly earnings next week:
- EU seeks firm Greek aid plan (Reuters)
Reuters - The European Union's monetary affairs chief urged the bloc's leaders on Friday to agree a standby aid package for Greece next week but France and Germany struck different notes and the euro slid.
- House GOP calls for Fannie, Freddie phase out (Reuters) Reuters - Republicans in the House of Representatives on Friday recommended the country's top two mortgage finance companies, the recipients of a massive government bailout during the height of the financial crisis, be phased out in four years in order to restore stability to the housing market.
- EU Commission calls for European loans for Greece (AP) AP - The European Commission urged Germany and other eurozone governments Friday to put up a package of government-to-government loans to ease Greece's financial plight and end weeks of financial turmoil and speculation.
- Syms names Joel Feigenbaum integration chief (AP) AP - Discount apparel retailer Syms Corp. on Friday named Joel Feigenbaum chief integration officer.
- Mom of octuplets may lose home to foreclosure (AP)
AP - Octuplets mom Nadya Suleman could be kicked out of her Southern California home.
- Oil settles near $80 a barrel (AP)
AP - Oil prices slumped at the end of the week, tumbling Friday close to $80 a barrel as continued uncertainty about Greece's economy helped lift the dollar higher.
- Daimler to keep stake in EADS (AP) AP - Germany's Daimler AG said Friday it doesn't plan to exercise an option to sell its sizable stake in aerospace and defense contractor EADS N.V.
- Out-Frenching the French (BusinessWeek) BusinessWeek - Ooh la la! Our family's INSEAD MBA (INSEAD Full-Time MBA Profile) experience feels like one intense Twilight Zone episode. Time has lost all value, and it's difficult to pinpoint when my husband, Mark, actually attended his first lecture. Was it four months ago or four days ago? Or has it been four years now? Standard calendars confirm the program commenced in September 2009, but the whirlwind of events that has transpired since then has aged me several years. ...
Job News From: NPR
NPR Topics: Business Fri, 19 Mar 2010 15:00:00 -0400
- ABC News Under Fire For Payment To Murder SuspectABC News is feeling the heat after revelations Thursday in a Florida court that it paid a woman on trial for killing her own child $200,000 for exclusive rights to family photos and video. In its defense, ABC says it made the payments before she was charged in the crime and that it was not tied to getting an interview.
- CBO Figures Show Health Care Bill Would Cut DeficitThe tension is high and the stakes are even higher, as Republicans and Democrats near the decisive moment of the health care battle. The language of the final bill was released Thursday. Along with Congressional Budget Office numbers that show it would cost $940 billion over 10 years, it would also reduce the deficit in the long run.
- Parents Fight For The Right To Sell Treats At SchoolNew York City parents want the right to bake their cake and sell it, too, after officials began enforcing a once-a-month limit on PTA bake sales during the school day. Schools say they're trying to balance health with the need to find ways to fund programs. But parents say their treats are more wholesome than the prepackaged foods that schools do allow.
- 'Repo Men:' Metaphor For Health Care Overhaul?Film critic Mia Mask says the new movie Repo Men is a science fiction flick that comments on two prominent policy issues: health care overhaul and the regulation of the financial industry. Mia Mask teaches film at Vassar College, and is the author of Divas on Screen.
- FDA Restricts Marketing Tobacco To YouthThe FDA has issued the first regulations since Congress gave the agency power to regulate tobacco. The regulations clamp down on the marketing of cigarettes to children and teenagers. The new rules prohibit a number of ad strategies like giving way hats and T-shirts with tobacco logos. Plus, no more selling of cigarettes in certain vending machines where kids can get at them.
- Undecided Lawmakers Targeted For Their Health VoteOn Capitol Hill, a few dozen House members are trying to decide how to vote on health care — while hundreds of advocates and thousands of e-mails are trying to sway them one way or the other. The House is expected to vote on its health care overhaul legislation on Sunday.
- Universal Music To Test Lower Price Of CDsThe world's largest music company is lowering the price of CDs. Universal Music is rolling out a test to see whether a $10 price ceiling will encourage consumers to buy more compact discs. Over the last decade, CD sales have dropped by more than half.
- Will The Real 'Music City' USA Please Stand UpWhile the music festival South by Southwest attracts thousands of industry types to Austin, Texas, other locales are trying to make sure the host city doesn't get too much credit as being the "music city." Places like Nashville, Seattle and even the state of Louisiana have sent contingents to Austin to promote their own ties to music.
- Billionaire Investor Wannabe Rock Star?Warren Buffett can be seen in a video dressed and singing like Axel Rose of Guns and Roses. The video was made by employees of Buffett's car insurance company Geico. Every year Geico workers put together a music video for their annual meeting. They told Time magazine that this year they wanted to come up with the most "ridiculous" outfit they could think up for their billionaire owner.
- Stakes High For Obama Presidency In Health Care BillPresident Obama is making a final frenzied push before the health care bill comes up for a vote in the House on Sunday. If the bill fails, he will be severely weakened. He will have failed to deliver his signature initiative, and his Democratic Party will look incapable of governing.
- Toxic Assets Market Awaits ReboundDuring the peak of the housing market, the value of the mortgages that got stuffed into those complicated mortgage bonds known as toxic assets was more than $3 trillion. But now the market has stalled, in part because many sellers are waiting for the economy to improve.
- Runaway Cars: Driver Error Or Car Malfunction?The problems with Toyota's gas pedals have been front page news for weeks now, but what about the people in front of the pedals? Earlier studies have found that the majority of car-surging incidents were actually the fault of the driver. But the recent problems with cars continuing to accelerate haven't been studied yet.
- Austinites Angle For A Piece Of SXSW Cash CowThe South by Southwest music festival bills itself as "the premier destination for discovery." It's also the destination for truckloads of cash, as music and art fans flock to Austin, Texas, each March. Last year's event brought nearly $100 million to the city, according to one analyst.
- Toyota Deals Get Customers Back To ShowroomsThanks to specials like zero percent financing and price cuts, Toyota sales have risen sharply. A recent Edmunds.com dealer survey finds that so far this month, Toyota has regained the same market share of sales it had before the gas pedal recall.
- Toxic 'Factory': Industrial Meat And The EnvironmentDavid Kirby's book Animal Factory tells the story of three people whose lives have been adversely affected by the growth of factory farms. Part investigative report, part thriller, this book explores the environmental and health impact of raising animals in confinement.