Health insurers try for a major image makeover

The health insurance industry is working on a transformation that could come right out of "Extreme Makeover." Long cast as villains for denying coverage or refusing to pay for treatment,
Source: RSS feed - channel BNewsBusiness | 15 Mar 2009 | 12:21 pm

OPEC considers full compliance or fresh cuts

VIENNA (Reuters) - OPEC ministers began talks on Sunday to decide whether to set new output targets or stick to existing curbs against a backdrop of swelling oil inventories and a shattered world economy.
Source: Reuters: Business News | 15 Mar 2009 | 12:06 pm

G20 summit 'critical for economy'

The G20 summit in London is critical if the world wishes to avoid the turbulence seen in the 1930s, the UK warns.
Source: BBC News | Business | World Edition | 15 Mar 2009 | 11:36 am

Russia wants to become permanent OPEC observer

Russia says that it wants to send a permanent observer to OPEC. Moscow also said it wants to reduce oil production. That's welcome news to the Organization of the Petroleum Exporting...
Source: RSS feed - channel BNewsBusiness | 15 Mar 2009 | 11:17 am

Financial Outrage Of The Week: AIG (AIG) To Pay $450 Million In Bonuses

Source: 247 Wall Street | 15 Mar 2009 | 10:55 am

Russia to become permanent OPEC observer

Russia says it is sending a permanent observer to OPEC. The move signals closer ties between the largest non-OPEC producer of oil and the organization accounting for more than a third of
Source: RSS feed - channel BNewsBusiness | 15 Mar 2009 | 10:33 am

Kuwait to scrap $14 billion refinery project

Kuwait is scrapping a $14 billion project to build a fourth refinery in the oil-rich country, the prime minister said in remarks published Sunday. The announcement was the second...
Source: RSS feed - channel BNewsBusiness | 15 Mar 2009 | 10:14 am

San Francisco Chronicle staff approves concessions

Staffers at the San Francisco Chronicle vote by a 10-to-1 margin to ratify moves – including what the union expects will be at least 150 job losses -- that will avoid the prospect that parent Hearst Corp. will sell or close the newspaper, the California Media Workers Guild said in a Saturday statement on its Website.

Source: MarketWatch.com - Top Stories | 15 Mar 2009 | 9:26 am

OPEC oil cartel faces vital output meeting

OPEC ministers will sit down later Sunday for a key meeting that could cut crude output for the fourth time since September to support oil prices which have been ravaged by a global...
Source: RSS feed - channel BNewsBusiness | 15 Mar 2009 | 9:16 am

OPEC meeting could go either way: Badri

VIENNA (Reuters) - OPEC's Sunday meeting could decide on continued compliance with existing or cuts or to cut output further, OPEC Secretary-General Abdullah al-Badri said.
Source: RSS feed - channel BNewsBusiness | 15 Mar 2009 | 7:52 am

Kuwait to scrap new refinery project: PM

Kuwait will scrap a 15-billion dollar project to build a new oil refinery after an independent watchdog said the project was not feasible, the prime minister said in comments published...
Source: RSS feed - channel BNewsBusiness | 15 Mar 2009 | 7:43 am

SNAPSHOT - Financial Crisis - 0740 GMT

- G20 fin mins promise the IMF money and say will use all their firepower to combat worst economic crisis since 1930s
Source: RSS feed - channel BNewsBusiness | 15 Mar 2009 | 7:40 am

Opec to debate further quota cuts

Oil minister from the 12 Opec countries meet to discuss cutting production rates amid falling prices.
Source: BBC News | Business | World Edition | 15 Mar 2009 | 7:20 am

AIG to pay $450 mln bonuses to financial-products staff: Journal

American International Group is set to pay $450 million of bonuses to employees of the unit that was largely responsible for the New York insurer's collapse last fall, The Wall Street Journal reported.

Source: MarketWatch.com - Top Stories | 15 Mar 2009 | 7:08 am

Payment default not required to get mortgage aid

Dear Liz: My husband and I both lost our career jobs over the last two years. Since that time we have done everything to try to stay afloat, including borrowing more money on our credit cards, borrowing from our home equity credit line and liquidating our retirement accounts.

Source: L.A. Times - Business | 15 Mar 2009 | 7:00 am

Stimulus scams are flourishing on the Web

No sooner is one bogus grant site suppressed than another pops up, warns an FTC official. One outfit even purports to be a scam-busting site but links the user to sites the agency warns against.

The ink didn't have time to dry on the American Recovery and Reinvestment Act before the con artists started crawling out on the Web.

Source: L.A. Times - Business | 15 Mar 2009 | 7:00 am

Not all homeowners support Obama's housing bailout

Re: " Obama administration is urged to expand mortgage rescue ," March. 7:

Source: L.A. Times - Business | 15 Mar 2009 | 7:00 am

Cobbling together shoe-repair savings

Fixing your footwear can extend the cash you earmark for clothes and preserve an item you love.

If you're feeling poor in this lousy economy, one way to stay well-heeled is to visit a shoe-repair shop.

Source: L.A. Times - Business | 15 Mar 2009 | 7:00 am

Foreign drugs can be a risk or a bargain

Legislation would create a system for legally buying drugs from other countries.

Obtaining low-cost drugs from Canada, Mexico and other foreign countries is a controversial method for shaving prescription expenses.

Source: L.A. Times - Business | 15 Mar 2009 | 7:00 am

Winning the medicine game

With a lot of knowledge and a little begging, you can make your prescription bill easier to swallow.

Prescription prices are putting the bite on household budgets. The recession is amplifying the pain as workers lose health coverage and employers cut back on drug benefits. More Americans are being forced to choose between buying food and buying medicine.

Source: L.A. Times - Business | 15 Mar 2009 | 7:00 am

Microsoft did the math, added her to the board

The president of Harvey Mudd College learned to love mathematics while traveling the world, helped build a Canadian university's computer sciences department and recently learned to ride a skateboard.

The gig: A math whiz who became president of Harvey Mudd College in 2006, Klawe was named to Microsoft Corp.'s board of directors last week. She has worked in the computer science and math departments at Princeton University, the University of British Columbia and the University of Toronto, and she is currently trying to perfect a version of the video game Dance Dance Revolution for the elderly.

Source: L.A. Times - Business | 15 Mar 2009 | 7:00 am

Bill would limit loan, credit card rates

Since the beginning of the year, millions of credit card customers have been hit with higher interest rates -- in many cases from lenders that have received billions of dollars in bailout cash from taxpayers.

Source: L.A. Times - Business | 15 Mar 2009 | 7:00 am

Second homes, investment properties could get Fannie, Freddie refis

The mortgage lenders' mass refinancing programs go beyond owner-occupied primary residences.

Fannie Mae and Freddie Mac have published the rules governing their upcoming mass refinancing campaigns, and they're more favorable -- especially for owners of second homes and small investment properties -- than indicated by the White House and Treasury last month.

Source: L.A. Times - Business | 15 Mar 2009 | 7:00 am

Second homes, investment properties could get Fannie, Freddie refis

The mortgage lenders' mass refinancing programs go beyond owner-occupied primary residences. Fannie Mae and Freddie...
Source: RSS feed - channel BNPaperBusiness | 15 Mar 2009 | 7:00 am

Iran signs $3.2-billion natural gas deal with China

China will help in the development of the offshore South Pars field, believed to be part of the world's largest natural gas reservoir. The deals points to the limitations of U.S. sanctions. ...
Source: RSS feed - channel BNPaperBusiness | 15 Mar 2009 | 7:00 am

Cobbling together shoe-repair savings

Fixing your footwear can extend the cash you earmark for clothes and preserve an item you love. If you're feeling...
Source: RSS feed - channel BNPaperBusiness | 15 Mar 2009 | 7:00 am

Lending standards are back, and borrowers should know them

The task of determining whether a borrower stacks up as a good risk is an art, not a science.

Source: L.A. Times - Business | 15 Mar 2009 | 7:00 am

Payment default not required to get mortgage aid

Dear Liz: My husband and I both lost our career jobs over the last two years. Since that time we have done everything to try to stay afloat, including borrowing more money on our credit cards, borrowing...
Source: RSS feed - channel BNPaperBusiness | 15 Mar 2009 | 7:00 am

Stimulus scams are flourishing on the Web

No sooner is one bogus grant site suppressed than another pops up, warns an FTC official. One outfit even purports to be a scam-busting site but links the user to sites the agency warns against. ...
Source: RSS feed - channel BNPaperBusiness | 15 Mar 2009 | 7:00 am

Not all homeowners support Obama's housing bailout

Re: " Obama administration is urged to expand mortgage rescue ," March. 7:
Source: RSS feed - channel BNPaperBusiness | 15 Mar 2009 | 7:00 am

Lending standards are back, and borrowers should know them

The task of determining whether a borrower stacks up as a good risk is an art, not a science.
Source: RSS feed - channel BNPaperBusiness | 15 Mar 2009 | 7:00 am

Bill would limit loan, credit card rates

Since the beginning of the year, millions of credit card customers have been hit with higher interest rates -- in many cases from lenders that have received billions of dollars in bailout cash from taxpayers...
Source: RSS feed - channel BNPaperBusiness | 15 Mar 2009 | 7:00 am

Microsoft did the math, added her to the board

The president of Harvey Mudd College learned to love mathematics while traveling the world, helped build a Canadian university's computer sciences department and recently learned to ride a skateboard...
Source: RSS feed - channel BNPaperBusiness | 15 Mar 2009 | 7:00 am

Winning the medicine game

With a lot of knowledge and a little begging, you can make your prescription bill easier to swallow. Prescription...
Source: RSS feed - channel BNPaperBusiness | 15 Mar 2009 | 7:00 am

Yemen eyes financial windfall from first gas plant

Yemen, one of the poorest countries on Earth despite its proximity to oil powerhouse Saudi Arabia, hopes to join the international club of gas exporters this year -- and reap a desperately...
Source: RSS feed - channel BNewsBusiness | 15 Mar 2009 | 6:26 am

AIG plans to disclose CDS counterparties: source

NEW YORK (Reuters) - American International Group Inc plans to disclose counterparties to the credit default swaps it wrote on complex debt securities, a source close to the company said on Saturday.
Source: Reuters: Business News | 15 Mar 2009 | 3:52 am

British PM promises tougher financial watchdog

Prime Minister Gordon Brown promised on Sunday to strengthen Britain's financial watchdog, giving it more power and resources to supervise the country's financial sector. Brown's remarks
Source: RSS feed - channel BNewsBusiness | 15 Mar 2009 | 3:43 am

Pioneer in car electronics tie-up talks: report

TOKYO (Reuters) - Pioneer Corp is in talks with Mitsubishi Electric Corp , Alpine Electronics Inc and Clarion Co Ltd on a possible tie-up in car navigation and other auto equipment operations, the Nikkei business daily reported on Sunday.
Source: Reuters: Business News | 15 Mar 2009 | 3:36 am

Pioneer in car electronics tie-up talks: report (Reuters)

Reuters - Pioneer Corp (6773.T) is in talks with Mitsubishi Electric Corp (6503.T), Alpine Electronics Inc (6816.T) and Clarion Co Ltd (6796.T) on a possible tie-up in car navigation and other auto equipment operations, the Nikkei business daily reported on Sunday.
Source: Yahoo! News: Business | 15 Mar 2009 | 3:36 am

AIG pledges to revamp bonuses

Read full story for latest details.
Source: Business and financial news - CNNMoney.com | 15 Mar 2009 | 2:31 am

Madoff worth over $820 million

Bernard Madoff, who pleaded guilty to operating a multi-billion dollar Ponzi scheme, is worth up to $826 million, according to a document filed with a federal court on Friday.
Source: Business and financial news - CNNMoney.com | 15 Mar 2009 | 1:44 am

AIG to cut future bonus payments

Troubled US insurance giant AIG agrees to demands from the Obama administration to reduce future bonus payments.
Source: BBC News | Business | World Edition | 15 Mar 2009 | 1:29 am

Rugby star Franck Mesnel heads for high life

The boss of Eden Park arrives bearing gifts. “First, la Tour Eiffel,” says Franck Mesnel, in his usual French-English mix, presenting a six-inch tin replica of Paris’s most famous monument. “Next,” he giggles, “a very special pen.” He presses its top. It plays the Marseillaise very loudly, in its entirety. “And you will like this last one.” He dips into his bag and produces a bottle of Eden Park champagne.
Source: Latest Business News from Times Online | 15 Mar 2009 | 12:00 am

Bernard Madoff ‘ashamed’ — but was he alone?

By the time Bernard Madoff arrived at court last Thursday, two hours before his 10am hearing, an angry mob had gathered outside the Manhattan courthouse. The $64.8 billion fraudster wore a charcoal-grey suit but no wedding ring or one of his usual vintage watches. A first sign, perhaps, that he knew this was the end.$
Source: Latest Business News from Times Online | 15 Mar 2009 | 12:00 am

Bernard Madoff’s UK yacht scam

BERNARD MADOFF bought a £5m luxury yacht in the south of France using cash channelled through the self-confessed fraudster’s London office.
Source: Latest Business News from Times Online | 15 Mar 2009 | 12:00 am

Lord Turner demands global crackdown on bank excess

A BLUEPRINT for international financial regulation will be unveiled this week, leading the way for a global crackdown on the shadow banking system and high-risk trading strategies.
Source: Latest Business News from Times Online | 15 Mar 2009 | 12:00 am

Jobless total passes 2m mark

UNEMPLOYMENT will this week rise above the symbolic 2m level for the first time in 12 years, confirming the impact of the recession.
Source: Latest Business News from Times Online | 15 Mar 2009 | 12:00 am

C&W faces flak over new bonus plan

CABLE & WIRELESS has begun talks with shareholders over a new incentive scheme to retain top management due to share as much as £100m when a controversial private-equity-style bonus plan starts paying out this summer.
Source: Latest Business News from Times Online | 15 Mar 2009 | 12:00 am

Eon calls for £1bn to clean up coal

THE German energy giant Eon will throw down the gauntlet to the government this week with an offer to build the world’s largest “clean-coal” power station in Britain, but only if it is given about £1 billion in taxpayers’ money to cover building costs.
Source: Latest Business News from Times Online | 15 Mar 2009 | 12:00 am

Car firms appeal to Bank for cash

CARMAKERS have asked the Bank of England if they can take part in the quantitative easing programme to help kick-start vehicle sales.
Source: Latest Business News from Times Online | 15 Mar 2009 | 12:00 am

Barclays starts £5bn funds sale

BARCLAYS is sounding out potential buyers to raise £5 billion from the sale of part of its fund-management operation, as it scrambles to avoid signing up to the government’s toxic-loan insurance scheme.
Source: Latest Business News from Times Online | 15 Mar 2009 | 12:00 am

Turmoil pierces heart of the global economy

The stark collapse in industrial output in countries such as Japan, Germany and Korea shows that the firestorm that has engulfed financial markets for the past 20 months is now sweeping into the real economy. This will have an immense impact on future corporate earnings.
Source: Latest Business News from Times Online | 15 Mar 2009 | 12:00 am

AIG plans to disclose CDS counterparties: source (Reuters)

Reuters - American International Group Inc plans to disclose counterparties to the credit default swaps it wrote on complex debt securities, a source close to the company said on Saturday.
Source: Yahoo! News: Business | 14 Mar 2009 | 10:28 pm

Aston Martin expects 2009 sales to slow: report

FRANKFURT (Reuters) - British sports car maker Aston Martin expects to sell fewer cars this year compared to last year due to the economic crisis, the company's chief executive told German newspaper Die Welt in an interview.
Source: Reuters: Business News | 14 Mar 2009 | 9:23 pm

Treasury soon to offer details on toxic-asset plan

HORSHAM, England (Reuters) - The Treasury will offer more details in the coming week about how proposed public-private partnerships to take bad assets off banks' books will work, a senior department official said on Saturday.
Source: Reuters: Business News | 14 Mar 2009 | 8:07 pm

NewsWatch: U.K.'s Brown, Germany's Merkel minimize stimulus spat

HORSHAM, England (MarketWatch) -- British Prime Minister Gordon Brown and German Chancellor Angela Merkel on Saturday downplayed a rift between the United States and Europe over Washington's calls to boost government spending to lift global demand.

Source: MarketWatch.com - Top Stories | 14 Mar 2009 | 8:00 pm

G20 ministers push for more regulation

Financial experts from 20 nations urged more regulation and oversight of fiscal institutions to help prevent another monetary crisis, as they laid the groundwork Saturday for next month's G20 Summit of world leaders.
Source: Business and financial news - CNNMoney.com | 14 Mar 2009 | 7:59 pm

Business sector welcomes overhaul of investment rules

The business sector is welcoming moves to overhaul overseas investment rules. Prime Minister John Key says details of a review of the rules will be announced next week. It is part of the drive to cut red tape, and make it easier...
Source: New Zealand Herald - Business | 14 Mar 2009 | 7:51 pm

Wall Street: The rally test

Investors return to work on the back of Wall Street's best week in months - and that's both a good and bad thing.
Source: Business and financial news - CNNMoney.com | 14 Mar 2009 | 7:34 pm

Treasury soon to offer details on toxic-asset plan (Reuters)

Reuters - The Treasury will offer more details in the coming week about how proposed public-private partnerships to take bad assets off banks' books will work, a senior department official said on Saturday.
Source: Yahoo! News: Business | 14 Mar 2009 | 7:25 pm

Cut loose from the noose

A mortgage can be a life-changing experience. One day you don't have a care in the world, the next you are up to your eyes in debt and owning your own home. It's a rite of passage that most people, eventually, go through. For...
Source: New Zealand Herald - Business | 14 Mar 2009 | 7:00 pm

The Chips are down

In 12 days, the Blue Chip boys will be forced to come face-to-face more than a year after their money-making dream collapsed, leaving thousands of stricken investors short of $80 million. In the Auckland District Court on March...
Source: New Zealand Herald - Business | 14 Mar 2009 | 6:59 pm

G20 make pledge to restore growth

G20 finance ministers pledge to make a "sustained effort" to pull the world economy out of recession at talks in the UK.
Source: BBC News | Business | World Edition | 14 Mar 2009 | 6:58 pm

MyHusbandNeedsaJob.com: An Enterprising Wife Markets her Husband

Mike Stearns, a newly minted Georgetown MBA, is finding it nearly impossible to land a marketing job. So his wife, 28-year-old Robin Stearns, bought the domain name myhusbandneedsajob.com (Note: at time of writing, the website wasn’t working…perhaps Mike found that job), purchased a MacBook with her tax refund, and built Mike a portfolio site. “My Husband Needs a Job’s” homepage features Robin standing in front of the Golden Gate Bridge, holding a sign asking someone to hire her husband. From www.myhusbandneedsajob.com:

This site was born out of frustration with the job market. My husband graduated in 2008 with an MBA from Georgetown. After Mike finished his MBA, we moved back to California to be closer to family. We both had high expectations for his career and our life after business school. However, those expectations quickly changed as we were faced with this horrible economy. After almost ten months of watching my wonderful husband work tirelessly to find a job, I decided to take matters into my own hands and help him stand out in a sea of unemployed.

Take a look around my site and get to know Mike. Learn more about him on the About Mike and Meet Mike pages. If you have any questions or would like the opportunity to meet my husband, you can email me on the Contact Mike page. Please pass this website along to friends, family, colleagues, and those who are hiring. I know each visitor to this site will think my husband is as great as I do. Someday soon one good company will become even better with him on their team.

Visitors can find Mike’s resume, background, a video, and an interview (done by Robin) intended to help people get to know Mike better. The site is basic, but useful. And one thing stands out: Enterprising Robin was the driving force behind the site, which has become a temporary online hit.

Does anyone else think Robin is the one who would be a better candidate for that marketing job?

Source: Business Pundit | 14 Mar 2009 | 6:40 pm

Mood change

G20 ministers upbeat on global recovery plans
Source: BBC News | Business | World Edition | 14 Mar 2009 | 6:31 pm

Obama appoints FDA head, outlines food-safety initiative

U.S. President Barack Obama names his pick to head the Food and Drug Administration and unveiled changes to help ensure the safety of the nation’s food supply following recent recalls of peanut butter and tomatoes.

Source: MarketWatch.com - Top Stories | 14 Mar 2009 | 6:29 pm

G20 pledges to restore global growth

The world's leading finance ministers and central bank governors pledged "to take whatever action is necessary until growth is restored," suggesting that further action on monetary policy, fiscal stimulus and regulatory reform would be introduced in the months to come
Source: Financial Times - US homepage | 14 Mar 2009 | 6:26 pm

G20 needs 'mechanisms' to check big economies: Medvedev (AFP)

AFP - The G20 summit should find ways to give other states a say in decisions by the world's richest to mitigate disasters like the US mortgage loan crisis, Russian President Dmitry Medvedev said Saturday.

Source: Yahoo! News: Business | 14 Mar 2009 | 6:13 pm

G20 vows to restore lending and boost IMF funding

The world’s top economic policy makers said their top priority is to restore lending by tackling problems in the global financial system, providing liquidity, recapitalizing banks and dealing with toxic assets.

Source: MarketWatch.com - Top Stories | 14 Mar 2009 | 5:38 pm

Will the stock market rally stick, or vanish? (AP)

AP - Investors have seen this before.

Source: Yahoo! News: Stock Markets News | 14 Mar 2009 | 5:22 pm

French, German finance ministers call for regulatory reform

Finance ministers from Germany and France continued to argue that global leaders should focus on reforming the world's regulatory systems before launching more fiscal stimulus efforts, following the weekend G20 summit near London.

Source: MarketWatch.com - Top Stories | 14 Mar 2009 | 5:20 pm

Text of statement by G20 finance ministers and central bankers

HORSHAM, England (MarketWatch) -- The joint statement issued by the Group of 20 finance ministers and central bankers on Saturday:

Source: MarketWatch.com - Top Stories | 14 Mar 2009 | 5:01 pm

The real cost of anxiety

In a world gripped by financial stress, worrying about money has become the new national pastime. It's no longer the preserve of miserly great-aunts who die with thousands in the bank but nothing in the fridge - financial anxiety...
Source: New Zealand Herald - Business | 14 Mar 2009 | 5:00 pm

Obama picks food and drug chief

President Barack Obama chose food safety and biological and nuclear threat expert Dr Margaret Hamburg to run the US Food and Drug Administration and announced a new cabinet-level food safety working group
Source: Financial Times - US homepage | 14 Mar 2009 | 4:47 pm

Applied Materials makes another board-level pay cut

The board at Applied Materials Inc. approved a second 10% reduction in the annual cash retainer for its non-employee directors, according to a Securities and Exchange Commission filing.

Source: MarketWatch.com - Top Stories | 14 Mar 2009 | 4:19 pm

Bernard Hickey : Risky business demands stronger returns

The corporate bond rush of the past six months was too good to be true and investors risk making the same mistakes they made during the finance company boom - not being sceptical enough and not demanding enough yield for the risk. Investors...
Source: New Zealand Herald - Business | 14 Mar 2009 | 4:00 pm

Martin Hawes : Hope's on the house

I used to be able to say that I don't have a crystal ball, but my wife ruined that excuse by buying me one for my birthday. When I look in it, it shows a fairly grainy picture but, in any event, I cannot see any improvement to...
Source: New Zealand Herald - Business | 14 Mar 2009 | 4:00 pm

Shoppers' sweet deal is not what it seems

If you think you've been slicing sweet fresh New Zealand kiwifruit on your pavlova this summer, think again. Stock on supermarket shelves for the past three months is more likely to have been grown in Italy - the world's biggest...
Source: New Zealand Herald - Business | 14 Mar 2009 | 4:00 pm

MGM mulling breakup to pay looming debts: report

CHICAGO (Reuters) - MGM Mirage, which has warned it could breach its credit agreements this year if the economy doesn't rebound, may break itself up to lure potential buyers as it races to raise the more than $1.5 billion it owes in bond payments and interest this year, the Wall Street Journal reported on Saturday.
Source: Reuters: Business News | 14 Mar 2009 | 3:22 pm

MGM mulling breakup to pay looming debts: report (Reuters)

Reuters - MGM Mirage , which has warned it could breach its credit agreements this year if the economy doesn't rebound, may break itself up to lure potential buyers as it races to raise the more than $1.5 billion it owes in bond payments and interest this year, the Wall Street Journal reported on Saturday.

Source: Yahoo! News: Business | 14 Mar 2009 | 3:22 pm

NewsWatch: U.K.'s Brown, Germany's Merkel minimize stimulus spat

HORSHAM, England (MarketWatch) -- British Prime Minister Gordon Brown and German Chancellor Angela Merkel on Saturday downplayed a rift between the United States and Europe over Washington's calls to boost government spending to lift global demand.

Source: MarketWatch.com - Top Stories | 14 Mar 2009 | 3:00 pm

Market Snapshot: U.S. stocks try for another up week; FOMC, Nike, D.C on screen

U.S. stocks, finally off a four-week losing jag, face updates from the Federal Reserve and bellwethers General Electric Co. and FedEx Corp. as they try to hang on to their recent gains.

Source: MarketWatch.com - Top Stories | 14 Mar 2009 | 2:32 pm

Not every corporate trip is a boondoggle

Source: Business and financial news - CNNMoney.com | 14 Mar 2009 | 1:35 pm

Beware of stimulus scams

Question: How do you apply for a government stimulus grant? And are the stimulus grants I see offered on Web sites real or a hoax? --Laurie, Mount Pleasant, Michigan
Source: Business and financial news - CNNMoney.com | 14 Mar 2009 | 1:32 pm

Facebook's newest 'friend': Oprah

Anybody tuning in to Oprah Winfrey on Friday afternoon, March 13 learned at least three things about Mark Zuckerberg, 24 year-old founder and ceo of Facebook: He looks a lot like his father (the bearded man in the audience close-up). He's not interested in dating Gayle King's daughter, a 22 year-old Stanford grad (King: "She's smart!"). And he can take a poke or two virtually and otherwise.
Source: Business and financial news - CNNMoney.com | 14 Mar 2009 | 1:25 pm

The mystery of Ruth Madoff's millions

Source: Business and financial news - CNNMoney.com | 14 Mar 2009 | 1:22 pm