Bomb discovered on Iranian plane

Hand-made device made safe after emergency landing of flight which could have been used by former reformist president Mohammad Khatami
Source: Financial Times - US homepage | 31 May 2009 | 2:08 pm

Majority of GM bondholders agree to swap: source (Reuters)

FILE - In this March 31, 2009 file photo Roland Koch, governor of German state of Hesse, speaks during a visit to German car maker Opel's plant in Ruesselsheim, southwestern Germany. Two German states on Sunday May 31, 2009 agreed to support a 1.5 billion euro (US$2.11 billion) bridge loan for General Motors Corp.'s Opel unit, putting the final touches on a deal with Canada's Magna International Inc. to acquire the automaker. 'We've decided that there is to be a new European company,' Hesse governor Roland Koch said. 'I think that for Opel and its employees it is an unbelievable chance.'  (AP Photo/Daniel Roland, File)Reuters - A majority of General Motors bondholders have agreed to a debt-for-equity exchange, a source familiar with the voting said on Sunday, helping pave the way for a bankruptcy filing expected on Monday.



Source: Yahoo! News: Business | 31 May 2009 | 1:35 pm

Majority of GM bondholders agree to swap: source

WASHINGTON (Reuters) - A majority of General Motors bondholders have agreed to a debt-for-equity exchange, a source familiar with the voting said on Sunday, helping pave the way for a bankruptcy filing expected on Monday.

Source: Reuters: Business News | 31 May 2009 | 1:35 pm

Israel Stocks: Israel stocks up; Africa-Israel, Leumi report

Israeli stocks leaped on Sunday, with advances across most sectors and particular strength in the banks, Israel Chemicals, and the real estate developers.



Source: MarketWatch.com - Top Stories | 31 May 2009 | 1:22 pm

TEXT-Zisapel raises offer for 5 pct of Radvision

(The following was issued by Israel's Radvision Ltd ):
Source: RSS feed - channel BNewsBusiness | 31 May 2009 | 1:19 pm

NewsWatch: Stock fortunes in week ahead pegged to cars, jobs

The state of the U.S. job market will come into sharp relief over the next week, starting with lay-offs connected to General Motors Corp.'s likely bankruptcy and ending with the government's May jobs report.



Source: MarketWatch.com - Top Stories | 31 May 2009 | 1:00 pm

Risky investment

Creditors face ugly choice as GM bankruptcy looms
Source: BBC News | Business | World Edition | 31 May 2009 | 12:43 pm

Ugh! Gas hits $2.50

The price of gas, rising for the 33rd straight day, has reached $2.50 a gallon, motorist group AAA reported Sunday.
Source: Business and financial news - CNNMoney.com | 31 May 2009 | 12:20 pm

New drugs target hard-to-treat breast cancers

* AstraZeneca's olaparib shrinks tumors in 1/3 of patients
Source: RSS feed - channel BNewsBusiness | 31 May 2009 | 12:00 pm

Exelixis to expand mid-stage brain cancer trial

* Lower dose to be studied
Source: RSS feed - channel BNewsBusiness | 31 May 2009 | 12:00 pm

Italy govt under fire for inaction over Fiat plans

MILAN, May 31 (Reuters) - Italy's government is under fire from unions and opposition politicians for failing to back car maker Fiat and persuade Germany it would be the best partner for Opel, the European...
Source: RSS feed - channel BNewsBusiness | 31 May 2009 | 11:52 am

Italy govt under fire for inaction over Fiat plans

MILAN, May 31 (Reuters) - Italy's government is under fire from unions and opposition politicians for failing to back car maker Fiat and persuade Germany it would be the best partner for Opel, the European...
Source: RSS feed - channel BNewsBusiness | 31 May 2009 | 11:52 am

For autoworkers, a new world

There was a time, not very long ago, when getting a job on the production line at a big automaker meant an instant ticket to the American dream, even for someone with little formal education. Not anymore.
Source: Business and financial news - CNNMoney.com | 31 May 2009 | 11:38 am

Congress puts health care on the table

If President Obama has his way, health care reform will be finalized this year. Key Senate and House committees are planning to mark up legislation in June, and the House is aiming to vote on the issue by August.
Source: Business and financial news - CNNMoney.com | 31 May 2009 | 11:27 am

Corvair to Hummer - History in pictures

Over its history General Motors has made its share of bad products. Some were poorly built, some were badly executed, others suffered from lousy timing.
Source: Business and financial news - CNNMoney.com | 31 May 2009 | 11:26 am

GM bosses discuss bankruptcy plan

Top executives at General Motors meet to finalise a widely expected filing for bankruptcy protection, the BBC learns.
Source: BBC News | Business | World Edition | 31 May 2009 | 11:15 am

China sends large group to buy Taiwanese goods

A group of Chinese computer and home appliance manufacturers arrived Sunday with plans to buy billions of dollars worth of goods and components from Taiwan, officials and news reports said.
Source: RSS feed - channel BNewsBusiness | 31 May 2009 | 11:07 am

Sri Lanka says it's poised for economic takeoff

Sri Lanka is poised for an "economic takeoff" now that its military has routed the Tamil Tiger rebels, the country's foreign minister said Sunday. Rohitha Bogollagama told a high-level...
Source: RSS feed - channel BNewsBusiness | 31 May 2009 | 11:04 am

Ecuador's Correa says AT&T, Sprint, MCI owe fees

Ecuador's leftist president on Saturday accused U.S.-based telephone companies including AT&T, Sprint and MCI of "swindling" his country out of millions of dollars in long-distance fees...
Source: RSS feed - channel BNewsBusiness | 31 May 2009 | 11:01 am

Bond yields attract interest

Mounting upward pressure on long-term bond yields will focus attention on whether policymakers are considering extending unconventional measures to support liquidity and confidence
Source: Financial Times - US homepage | 31 May 2009 | 10:46 am

Israel's Paz Oil posts drop in Q1 profit

JERUSALEM, May 31 (Reuters) - Paz Oil , Israel's largest distributor of refined oil products, on Sunday reported a 57 percent drop in quarterly net profit, hurt by one-time accounting changes and lower...
Source: RSS feed - channel BNewsBusiness | 31 May 2009 | 8:51 am

EU may order Microsoft to add browsers: Journal

European Union regulators mull forcing Microsoft Corp. to include browsers besides its Internet Explorer in its Windows software, people close to the case against the software giant tell The Wall Street Journal.



Source: MarketWatch.com - Top Stories | 31 May 2009 | 7:52 am

He's proof that lumbering around can pay off

Steve Conboy was lucky to land a 'good job' in construction after graduating high school in 1972. Now he's a veteran in the industry -- and chief executive of SC BluWood, which sells treated wood.

The gig : Chief executive of SC BluWood Inc., a Carlsbad-based construction products company that specializes in a lumber treatment that makes wood resistant to termites, mold and fire damage.



Source: L.A. Times - Business | 31 May 2009 | 7:00 am

Start-up funding scarce. Who was to blame?

Entrepreneurs paid a middleman to help find investors. They say he didn't produce; he faults the economy.

Hattie Bryant and Bruce Camber said they were thrilled when John Garcia told them he had made a fortune as an entrepreneur and could help their company make it big too.



Source: L.A. Times - Business | 31 May 2009 | 7:00 am

Beware of fake-check scams

Many consumers don't realize that if they deposit a phony check into their bank account and then draw on those funds, they are liable for the money, even if they've been swindled.

The woman ahead of me at the bank looked grim.



Source: L.A. Times - Business | 31 May 2009 | 7:00 am

Retired couple have work cut out for them

Invest carefully, live frugally, and they may avoid the 9-to-5 grind

Joel and Jessica Soffer feel fortunate.



Source: L.A. Times - Business | 31 May 2009 | 7:00 am

AT & T hears calls to be more consumer-friendly

The phone company revises its residential service agreement to make it easier to understand. It also ditches an arbitration clause and agrees to give 30 days' notice of price hikes. ...
Source: RSS feed - channel BNPaperBusiness | 31 May 2009 | 7:00 am

Open-plan luxury in Brentwood

A contemporary home at the end of a cul-de-sac capitalizes on its natural surroundings.

Warm woods, natural light and the sound of water falling from fountains create a meditative atmosphere in a contemporary-style home in the heart of Brentwood.



Source: L.A. Times - Business | 31 May 2009 | 7:00 am

Beware of fake-check scams

Many consumers don't realize that if they deposit a phony check into their bank account and then draw on those funds, they are liable for the money, even if they've been swindled. ...
Source: RSS feed - channel BNPaperBusiness | 31 May 2009 | 7:00 am

Start-up funding scarce. Who was to blame?

Entrepreneurs paid a middleman to help find investors. They say he didn't produce; he faults the economy. Hattie...
Source: RSS feed - channel BNPaperBusiness | 31 May 2009 | 7:00 am

Congress funds mortgage fraud crackdown

The FBI, Justice Department, Secret Service and Postal Service will get a combined half a billion dollars to investigate and prosecute those who engage in mortgage fraud. ...
Source: RSS feed - channel BNPaperBusiness | 31 May 2009 | 7:00 am

Credit card accounts should be opened and canceled sparingly

Dear Liz: I have paid off my credit card bills each month for years, and I am becoming increasingly frustrated with credit card requirements. I canceled an American Express card because a fee was about to be imposed.



Source: L.A. Times - Business | 31 May 2009 | 7:00 am

Former Angel Strategies clients complain

These people are among the dissatisfied clients of Angel Strategies co-founder John Garcia.
Source: RSS feed - channel BNPaperBusiness | 31 May 2009 | 7:00 am

Congress funds mortgage fraud crackdown

The FBI, Justice Department, Secret Service and Postal Service will get a combined half a billion dollars to investigate and prosecute those who engage in mortgage fraud.

It may not have made a big splash on network news or in print, but for real estate it was the equivalent of a congressional declaration of war against mortgage fraud.



Source: L.A. Times - Business | 31 May 2009 | 7:00 am

Open-plan luxury in Brentwood

A contemporary home at the end of a cul-de-sac capitalizes on its natural surroundings. Warm woods, natural light...
Source: RSS feed - channel BNPaperBusiness | 31 May 2009 | 7:00 am

Verdict looms on GM's latest offer

As the deadline passes, there is no word yet on whether enough bondholders have accepted the revised debt-for-stock offer intended to guide the automaker through Chapter 11 bankruptcy. ...
Source: RSS feed - channel BNPaperBusiness | 31 May 2009 | 7:00 am

Two views on health insurers

Re: David Lazarus' consumer column " Canada’s healthcare saved her; Ours won’t touch her ," May 27:
Source: RSS feed - channel BNPaperBusiness | 31 May 2009 | 7:00 am

AT & T hears calls to be more consumer-friendly

The phone company revises its residential service agreement to make it easier to understand. It also ditches an arbitration clause and agrees to give 30 days' notice of price hikes.

As consumers, we're generally accustomed to getting kicked in the teeth by big companies.



Source: L.A. Times - Business | 31 May 2009 | 7:00 am

He's proof that lumbering around can pay off

Steve Conboy was lucky to land a 'good job' in construction after graduating high school in 1972. Now he's a veteran in the industry -- and chief executive of SC BluWood, which sells treated wood. ...
Source: RSS feed - channel BNPaperBusiness | 31 May 2009 | 7:00 am

Two views on health insurers

Re: David Lazarus' consumer column " Canada’s healthcare saved her; Ours won’t touch her ," May 27:



Source: L.A. Times - Business | 31 May 2009 | 7:00 am

Former Angel Strategies clients complain

These people are among the dissatisfied clients of Angel Strategies co-founder John Garcia.



Source: L.A. Times - Business | 31 May 2009 | 7:00 am

Credit card accounts should be opened and canceled sparingly

Dear Liz: I have paid off my credit card bills each month for years, and I am becoming increasingly frustrated with credit card requirements. I canceled an American Express card because a fee was about...
Source: RSS feed - channel BNPaperBusiness | 31 May 2009 | 7:00 am

SKorean carmaker Ssangyong closes strike-hit plant

South Korea's smallest automaker Ssangyong Motor said Sunday that it had temporarily shut its main factory, which has been occupied by workers striking over massive planned job cuts. ...
Source: RSS feed - channel BNewsBusiness | 31 May 2009 | 6:45 am

GM bondholders said to clear equity swap: report

General Motors holders of slightly more than half the company's debt clear plan to swap their debt for equity, people briefed on the matter told the New York Times. The vote would clear the way for GM to file on Monday to reorganize in bankruptcy court, the paper reports.



Source: MarketWatch.com - Top Stories | 31 May 2009 | 6:11 am

GM: it’s the fallout we should worry about

The collapse of General Motors is a historic moment. This was once the world’s largest company, which at its peak in the 1960s made 50% of the cars in America. But the shock is long gone.


Source: Latest Business News from Times Online | 31 May 2009 | 12:00 am

General Motors to file for bankruptcy tomorrow

GENERAL MOTORS, once the largest company in the world, is expected to file for bankruptcy in a New York court tomorrow. Executives and politicians on both sides of the Atlantic are spending the weekend finalising details ahead of the historic capitulation that comes after months of talks and billions of dollars of government investment.


Source: Latest Business News from Times Online | 31 May 2009 | 12:00 am

New figure at Esporta gyms

THE former chief executive of Party Gaming, the online poker group, is to take the helm at Esporta, the loss-making fitness-club chain.


Source: Latest Business News from Times Online | 31 May 2009 | 12:00 am

‘Better than sex’ AOL deal ends in split

Wall Street: The deal that was “better than sex” is finally over. It’s taken nine years but Time Warner has finally decided to extricate itself from its costly millennial fling with America Online.


Source: Latest Business News from Times Online | 31 May 2009 | 12:00 am

Tesco goes electric

Tesco, Britain’s biggest supermarket group, is backing electric cars. The food retailer is to start providing charging facilities in its car parks for battery-powered vehicles.


Source: Latest Business News from Times Online | 31 May 2009 | 12:00 am

Corus clinches loans lifeline

Corus, one of Europe’s biggest steelmakers, has clinched a vital deal with its banks that will see the company’s lending agreements relaxed, putting it on a much stronger financial footing.


Source: Latest Business News from Times Online | 31 May 2009 | 12:00 am

Banks threaten to wrap up packaging giant

A consortium of lenders to Linpac, the packaging giant, are threatening to take control of the indebted business in a move that could wipe out its private-equity owner’s stake.


Source: Latest Business News from Times Online | 31 May 2009 | 12:00 am

Sky says no to Setanta appeal

SPORTS organisations including the Scottish Premier League may be forced to stomach deeper-than-expected cuts to their TV income after shareholders in Setanta failed to stump up enough cash to keep the broadcaster alive.


Source: Latest Business News from Times Online | 31 May 2009 | 12:00 am

Tara Bernerd reaches top in Hong Kong

TARA BERNERD, the “It-Girl” of architecture and interiors, has teamed up with Grosvenor, the Duke of Westminster’s property company, to design a £15m penthouse in Hong Kong’s Approach Bay.


Source: Latest Business News from Times Online | 31 May 2009 | 12:00 am

Hermes calling for hedge fund shake-up

Hermes is calling for a post-credit-crunch shake-up of the secretive hedge-fund industry.


Source: Latest Business News from Times Online | 31 May 2009 | 12:00 am

Week ahead: Autos, jobs, economy

Wall Street will return for the first trading day of a new month Monday with the economic outlook still unclear and the bankruptcy of a major American business icon looming large.
Source: Business and financial news - CNNMoney.com | 30 May 2009 | 11:06 pm

Germany seals deal to save Opel

BERLIN (Reuters) - Germany heaved a sigh of relief on Saturday over a deal with Canadian auto parts group Magna, General Motors and the U.S. government to save carmaker Opel from the imminent bankruptcy of its U.S. parent.

Source: Reuters: Business News | 30 May 2009 | 10:50 pm

Germany seals deal to save Opel (Reuters)

Reuters - Germany heaved a sigh of relief on Saturday over a deal with Canadian auto parts group Magna, General Motors and the U.S. government to save carmaker Opel from the imminent bankruptcy of its U.S. parent.
Source: Yahoo! News: Business | 30 May 2009 | 10:50 pm

GM and Magna reach deal on Opel

The European arm of General Motors will be shielded from the expected insolvency of the US group after an 11th hour deal that will see Magna International, the Canadian parts supplier, take over the business with financial backing from the German government
Source: Financial Times - US homepage | 30 May 2009 | 10:50 pm

Elan in talks to sell minority stake: report

CHICAGO (Reuters) - Irish biotech firm Elan Corp is in late-stage talks to sell a minority stake to Bristol-Myers Squibb Co , a deal that could be a precursor to a full takeover of Elan, the Wall Street Journal reported on Saturday.

Source: Reuters: Business News | 30 May 2009 | 10:34 pm

Elan in talks to sell minority stake: report (Reuters)

Reuters - Irish biotech firm Elan Corp is in late-stage talks to sell a minority stake to Bristol-Myers Squibb Co , a deal that could be a precursor to a full takeover of Elan, the Wall Street Journal reported on Saturday.
Source: Yahoo! News: Business | 30 May 2009 | 10:34 pm

Consumers gain clout with Obama

Meet Washington's new power brokers on the economy: Consumer advocates.
Source: Business and financial news - CNNMoney.com | 30 May 2009 | 10:00 pm

Scary, scary times in tech


Source: Business and financial news - CNNMoney.com | 30 May 2009 | 9:56 pm

The Credit Suisse loan debacle


Source: Business and financial news - CNNMoney.com | 30 May 2009 | 9:54 pm

$4 trillion housing hangover

House prices are taking a long ride in the wayback machine. Unfortunately, Americans' housing-related debt isn't going anywhere fast.
Source: Business and financial news - CNNMoney.com | 30 May 2009 | 9:51 pm

NewsWatch: Stock fortunes in week ahead pegged to cars, jobs

The state of the U.S. job market will come into sharp relief over the next week, starting with lay-offs connected to General Motors Corp.'s likely bankruptcy and ending with the government's May jobs report.



Source: MarketWatch.com - Top Stories | 30 May 2009 | 9:00 pm

GM: Books will give Vauxhall jobs boost

Magna International will discover that Vauxhall has "played a key role in ensuring the company has avoided insolvency"
Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 30 May 2009 | 8:53 pm

Fraud probe puts spotlight on Mayfair

Hedge fund investigators believe they may be dealing with a 'Nick Leeson at Barings' scenario
Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 30 May 2009 | 8:51 pm

Warning over Weavering

Weavering Capital the company now at the centre of Britain's first alleged hedge fund fraud had imploded before in a period of its history previously kept hidden.
Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 30 May 2009 | 8:37 pm

Long road to recovery warns EEF

The worst of the recession is over for British manufacturing but the sector's return to growth will be long and difficult the industry's leading trade body will warn tomorrow.
Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 30 May 2009 | 8:36 pm

US fund group launches 5bn rival bid for Barclays' iShares division

One of America's biggest fund management groups has tabled a 5bn £3.1bn bid for iShares a division of Barclays' profitable asset management arm.
Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 30 May 2009 | 8:36 pm

Lords committee demands bank regulation overhaul

A powerful House of Lords committee is poised to deliver a shattering blow to Gordon Brown's reputation this week by launching an attack on the tripartite system of financial regulation.
Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 30 May 2009 | 8:35 pm

British Airways to resume stopstart merger talks with Spanish rival Iberia this week

British Airways BA and Iberia will resume their stopstart merger talks within days despite lingering concerns from some board members that concluding an allshare deal will be impossible.
Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 30 May 2009 | 8:34 pm

Technology giants have an eye on sponsorship deal

Samsung and Panasonic are in early stage talks with the London Eye about a sponsorship deal which could give them the naming rights to the tourist attraction.
Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 30 May 2009 | 8:34 pm

CVC bids £2bn for stake in Royal Mail

CVC Capital Partners has proposed paying just under £2bn for a 30pc stake in Royal Mail ahead of a rival offer from TNT.
Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 30 May 2009 | 8:33 pm

Ofcom faces court battle over satellite licence

Ofcom the media regulator is facing costly legal action in the High Court after becoming embroiled in a space race between US and UK satellite providers.
Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 30 May 2009 | 8:28 pm

PM says Qatar still studying stake in Porsche

DOHA (Reuters) - Qatar is still considering taking a stake in debt-laden Porsche , or other German auto companies, after the carmaker scaled down a bid for Volkswagen , the prime minister said on Saturday.

Source: Reuters: Business News | 30 May 2009 | 8:07 pm

Private equity firms to invest in First Southern

CHICAGO (Reuters) - Three private equity firms have agreed to invest up to $450 million in First Southern Bancorp Inc, giving them control of a small Florida lender that could be used to acquire more banks.

Source: Reuters: Business News | 30 May 2009 | 5:55 pm

Private equity firms to invest in First Southern (Reuters)

Reuters - Three private equity firms have agreed to invest up to $450 million in First Southern Bancorp Inc, giving them control of a small Florida lender that could be used to acquire more banks.
Source: Yahoo! News: Business | 30 May 2009 | 5:55 pm

They've Got It Laminated On Little Cards So You Know This Is Serious

Picture 1438.png
Just wanted to pop in and tell you not to fear that tomorrow's business leaders will get us into another sticky situation, 'cause Harvard MBA students, like the ones above, are now taking an oath promising not to do anything wrong, like some alums from their school.


The MBA Oath
FULL VERSION
Preamble

As a manager, my purpose is to serve the greater good by bringing people and resources together to create value that no single individual can build alone. Therefore I will seek a course that enhances the value my enterprise can create for society over the long term. I recognize my decisions can have far-reaching consequences that affect the well-being of individuals inside and outside my enterprise, today and in the future. As I reconcile the interests of different constituencies, I will face difficult choices.

Therefore, I promise:



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Source: Dealbreaker | 30 May 2009 | 5:52 pm

Gas Prices Rocket Up, Threaten Recovery: Will Government Cut The Gas Tax?

A report from the AAA  which polls 100,000 service stations shows that gasoline prices are up 20% over the last month to $2.42 for a gallon of regular. With oil above $65 and rising and the summer driving season at its beginning there is a reasonable chance that the number will go higher. US consumer discretionary [...]

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Source: 24/7 Wall Street | 30 May 2009 | 4:54 pm

Swat's main town 'fully under control'

Pakistani forces have regained full control of Mingora, a week after re-entering the main town in the Swat valley to dislodge thousands of Taliban fighters, the military said
Source: Financial Times - US homepage | 30 May 2009 | 4:36 pm

Retail giant Wal-Mart opens in India (AFP)

Bharti Enterprises vice-chairman and managing director Rajan Bharti Mittal (C) and Wal-Mart India head Raj Jain (R) at the inauguration. The world's number one retailer Wal-Mart opened its first sales venture in India on Saturday as part of an ambitious plan to establish a foothold in the country's vast consumer market.(AFP/Narinder Nanu)AFP - The world's number one retailer Wal-Mart opened its first sales venture in India on Saturday as part of an ambitious plan to establish a foothold in the country's vast consumer market.



Source: Yahoo! News: Business | 30 May 2009 | 4:17 pm

Budget 09: Mortgage option too good to last

A Kiwisaver provision allowing members to direct half their retirement money towards paying their mortgages was flawed but necessary in the downturn, brokers say. Some are challenging the Government's decision, passed under urgency,...
Source: New Zealand Herald - Business | 30 May 2009 | 4:00 pm

All Black hero saves business, jobs

It's the equivalent of a last-minute, match-winning try. All Black Ali Williams is now a hero off the field, playing a role in saving his furniture business and up to a dozen jobs. Williams, a 20 per cent shareholder in SuperFurn...
Source: New Zealand Herald - Business | 30 May 2009 | 4:00 pm

Too much hui and not enough do-ey

They're the bane of many white-collar workers' existence, but new research shows even bosses hate being trapped in never-ending meetings. A survey of more than 6000 executives in 20 countries, including 207 in New Zealand, reveals...
Source: New Zealand Herald - Business | 30 May 2009 | 4:00 pm

Olly Newland : Mortgage nightmare

The words mortgagee sale can strike terror into the heart of any property owner. A mortgagee sale can destroy families, businesses and lives. Over the past year, more property owners in financial difficulty have faced the loss...
Source: New Zealand Herald - Business | 30 May 2009 | 4:00 pm

Martin Hawes : Seriously active

A reader asks: "I read with interest your article, 'Bag a bargain in the share market'. I am just finishing Benjamin Graham's book The Intelligent Investor and a lot of what he wrote strikes a similar chord. Do you find it...
Source: New Zealand Herald - Business | 30 May 2009 | 4:00 pm

Top tips : On selecting a KiwiSaver scheme

Roger Thompson, managing director of accounting firm Staples Rodway's Auckland office, is trustee of the firm's KiwiSaver scheme. He offers some advice when selecting a KiwiSaver scheme. I've heard there's to be a consolidation...
Source: New Zealand Herald - Business | 30 May 2009 | 4:00 pm

NewsWatch: Stock fortunes in week ahead pegged to cars, jobs

The state of the U.S. job market will come into sharp relief over the next week, starting with lay-offs connected to General Motors Corp.'s likely bankruptcy and ending with the government's May jobs report.



Source: MarketWatch.com - Top Stories | 30 May 2009 | 4:00 pm

Ad spending reflects NZ online move

If measuring website traffic is an inexact science, at least it's easy to find out where New Zealand advertising spending is going. Last year, newspaper, television, radio and magazine advertising all went down. The biggest loser...
Source: New Zealand Herald - Business | 30 May 2009 | 3:55 pm

Monday's the day for Chrysler

Read full story for latest details.
Source: Business and financial news - CNNMoney.com | 30 May 2009 | 2:36 pm

Instead Of Letting Free Markets Operate, EU Attack Microsoft (MSFT)

The EU has decided to go further to force Microsoft (MSFT) to give competition to it Internet Exporer a better chance to get PC market share. According to The Wall Street Journal, the EU’s new plan to help Redmond’s rivals is by “forcing a bunch of browsers into Windows, thus diluting Microsoft’s advantage.”   The EU might as well [...]

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Source: 24/7 Wall Street | 30 May 2009 | 2:33 pm

Obama 'helped' Opel rescue deal

The German chancellor says President Obama helped swing a deal to save carmaker Opel from GM's imminent bankruptcy.
Source: BBC News | Business | World Edition | 30 May 2009 | 2:05 pm

NewsWatch: Smart grid not clever enough to avoid recession

While the U.S. government and electricity producers get ready to spend hundreds of billions to upgrade the nation's power lines and electricity infrastructure, the so-called smart grid may not be clever enough to escape economic uncertainty.



Source: MarketWatch.com - Top Stories | 30 May 2009 | 1:00 pm