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Xstrata seeks $68 billion merger with Anglo (Reuters)
Source: Yahoo! News: Business | 21 Jun 2009 | 3:47 pm Rally's fate hinges on Fed, home salesNEW YORK (Reuters) - Without further signs of life in the lackluster economy or hints from the Federal Reserve the outlook is improving, stocks' three-month rally may run into more obstacles next week.Source: Reuters: Business News | 21 Jun 2009 | 3:36 pm Meal dealHow rising food prices are hitting Eastern EuropeSource: BBC News | Business | World Edition | 21 Jun 2009 | 3:10 pm Why Yahoo! (YHOO) Will Never RecoverYahoo! (YHOO) will never recover from its botched negotiations with Micrososft (MSFT), in which the larger company offered to buy it in early 2008. The initial offer was for $44.6 billion, or $31 a share. Yahoo! turned the deal down and by November of last year, its stock traded below $9. Yahoo!’s new CEO, Carol Bartz, has made a [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]] Source: 24/7 Wall Street | 21 Jun 2009 | 3:00 pm Bordeaux wine fair hopes to beat recession bluesThe world's biggest wine fair opened Sunday in France's wine city of Bordeaux, with leading exporters and producers saying prospects for the sector looked bright despite the global...Source: RSS feed - channel BNewsBusiness | 21 Jun 2009 | 2:54 pm BT Vision stops selling SetantaBT Vision has stopped selling Setanta Sports, after the Irish broadcaster lost its rights to the English Premier league.Source: BBC News | Business | World Edition | 21 Jun 2009 | 2:35 pm BAY STREET: Gauging an entry point for energy stocks* May present entry point to sector before demand risesSource: RSS feed - channel BNewsBusiness | 21 Jun 2009 | 2:30 pm BAY STREET: Gauging an entry point for energy stocks* May present entry point to sector before demand risesSource: RSS feed - channel BNewsBusiness | 21 Jun 2009 | 2:30 pm Centrica prepared to go hostile for Venture-reportLONDON, June 21 (Reuters) - British utility Centrica is prepared to go hostile with its 850 pence a share bid for oil and gas group Venture Production , which is holding out for 950 pence, the Independent...Source: RSS feed - channel BNewsBusiness | 21 Jun 2009 | 2:23 pm Xstrata in approach to Anglo AmericanAnglo American confirmed it had received an approach from its Anglo-Swiss mining rival XstrataSource: Financial Times - US homepage | 21 Jun 2009 | 2:21 pm Israel Stocks: Israel stocks up; Frutarom agrees to Danish dealIsrael stocks jump sharply and broadly on Sunday with particular strength in the financials and the real estate issues.Source: MarketWatch.com - Top Stories | 21 Jun 2009 | 2:20 pm Liverpool owner agrees NHL saleLiverpool co-owner George Gillett is to sell one of his major assets in a deal which could ease financial pressures at Anfield.Source: BBC News | Business | World Edition | 21 Jun 2009 | 2:14 pm Xstrata eyes £41bn Anglo mergerThe mining giant Xstrata has approached its rival Anglo-American about the possibility of a merger, Anglo confirmsSource: BBC News | Business | World Edition | 21 Jun 2009 | 2:14 pm Anglo says Xstrata makes merger approachLONDON (Reuters) - Mining group Xstrata has made an initial approach to rival Anglo American to propose a merger, Anglo said on Sunday.Source: Reuters: Business News | 21 Jun 2009 | 1:30 pm Europe bank chief warns on debtGovernments that have borrowed heavily to boost their economies should not accumulate any more debt, the ECB president warns.Source: BBC News | Business | World Edition | 21 Jun 2009 | 1:20 pm At least 10 dead in Iranian violenceAt least 10 people were killed in Saturday's violence in Tehran, state television has reported, after the opposition defied the supreme leader's warnings against protests and took to the streetsSource: Financial Times - US homepage | 21 Jun 2009 | 12:44 pm Father's Day: Growing up GatesIt's certainly a unique father-son relationship. The man who created one of the largest fortunes in history, now in his second career as a philanthropist, has his dad working for him as co-chair of the world's largest charitable organization -- the $27.5 billion Bill & Melinda Gates Foundation. Actually, this is a second act for both men. Bill Gates, 53, stepped down from day-to-day work at Microsoft last June, while his father, Bill Gates Sr., 83, retired from the prominent Seattle law firm Preston Gates & Ellis (now known as K&L Gates), in 1998. These days both men give counsel to each other, but for years, of course, Dad doled out indispensable advice to his son. I recently sat down with this unlikely buddy act in the famed Leonard Bernstein suite at the Hôtel de Crillon on Paris's Place de la Concorde to ask them about the best advice they ever got.Source: Business and financial news - CNNMoney.com | 21 Jun 2009 | 12:42 pm Blood feud: Bankers vs. regulatorsWashington's most dramatic foray into the nation's financial sector since the Great Depression began on Oct. 13 with a misnamed acronym, an unwitting tribe of CEOs, and a confused staff of Treasury officials. It was a foreshadowing of the misadventure to come. "I don't even know who the 9 companies are. Do you?" Michele Davis, assistant secretary for public affairs, wrote in an e-mail sent at 7:15 a.m. on that history-making Monday. "No clue," Treasury chief of staff Jim Wilkinson responded. "Let me get the list."Source: Business and financial news - CNNMoney.com | 21 Jun 2009 | 12:41 pm Economic Preview: Economy still overly dependent on governmentIf the U.S. economy does begin to grow again in the second half of the year as many analysts expect, it sure won’t feel like much of a recovery to most people.Source: MarketWatch.com - Top Stories | 21 Jun 2009 | 12:00 pm Get cash for your clunker starting July 1A $1 billion Washington program to give vouchers to consumers who replace junky cars with fuel-efficient models is likely to ramp up very soon.Source: Business and financial news - CNNMoney.com | 21 Jun 2009 | 11:32 am Steve Jobs' liver: The story continuesSource: Business and financial news - CNNMoney.com | 21 Jun 2009 | 11:29 am Wall Street looks to refuel rallyAfter three months of rallying, the stock market seems to have hit the wall.Source: Business and financial news - CNNMoney.com | 21 Jun 2009 | 11:27 am Abu Dhabi's Waha Capital Agrees to Acquire Fifty Percent Stake in US$2.4 Billion AerVenture from AerCapAMSTERDAM, The Netherlands, June 21 /PRNewswire-FirstCall/ -- AerCap Holdings N.V. ("AerCap", NYSE: AER) announced that Abu Dhabi-based investment holding company Waha...Source: RSS feed - channel BNewsBusiness | 21 Jun 2009 | 11:26 am Can Congress fix health care by August?There's a lot of talking going on about health care reform and urgent warnings of what will happen if it doesn't pass. But for all the talk, there's very little clarity for the public about what kind of reform has a serious chance of passing and how lawmakers intend to pay for it.Source: Business and financial news - CNNMoney.com | 21 Jun 2009 | 11:20 am ECB's Trichet says no room for more debtPARIS (Reuters) - There is no room for governments that have borrowed billions to fight the economic crisis to accumulate more debt, European Central Bank President Jean-Claude Trichet said on Sunday.Source: Reuters: Business News | 21 Jun 2009 | 10:17 am ECB's Trichet says no room for more debt (Reuters)
Source: Yahoo! News: Business | 21 Jun 2009 | 10:17 am Xstrata approached Anglo with merger plan: reportLONDON (Reuters) - Mining group Xstrata has approached its rival Anglo American to propose a 41 billion pound ($67.07 billion) merger, the Sunday Telegraph reported.Source: RSS feed - channel BNewsBusiness | 21 Jun 2009 | 9:25 am ECB's Trichet says no room for more debtPARIS (Reuters) - There is no room for governments that have borrowed billions to fight the economic crisis to accumulate more debt, European Central Bank President Jean-Claude Trichet saidSource: RSS feed - channel BNewsBusiness | 21 Jun 2009 | 8:55 am BHP ends dispute with Philippine partner-governmentMANILA, June 21 (Reuters) - BHP Billiton and Philippine partner Asiaticus Management Corp have agreed to end a legal dispute, the Philippines environment secretary said at the weekend, clearing the way...Source: RSS feed - channel BNewsBusiness | 21 Jun 2009 | 7:55 am Under COBRA, act quickly to retain health plan after job lossThere's a 60-day window after separation to maintain the health insurance provided by a former employer. Costs and eligibility vary, however. ...Source: RSS feed - channel BNPaperBusiness | 21 Jun 2009 | 7:00 am Apple without Steve Jobs at the helm? Some investors think it's timeThe co-founder and CEO, who is reported to have undergone a liver transplant, should save his strength to serve as visionary and technology evangelist when he returns this month, many say. ...Source: RSS feed - channel BNPaperBusiness | 21 Jun 2009 | 7:00 am Apple without Steve Jobs at the helm? Some investors think it's timeThe co-founder and CEO, who is reported to have undergone a liver transplant, should save his strength to serve as visionary and technology evangelist when he returns this month, many say.Some Apple Inc. investors are advocating the unthinkable: Apple Inc. without Steve Jobs running it. Source: L.A. Times - Business | 21 Jun 2009 | 7:00 am His money, her money: Some financial etiquette for couplesIt can be great to be a couple -- until you start talking about money. Maybe you're trying to save up for retirement but your husband can't stop buying new shoes. Or you come from wealth and your girlfriend doesn't have enough money to buy a bus ticket to come visit. This month Alana answers your questions about the etiquette of saving for two.Source: L.A. Times - Business | 21 Jun 2009 | 7:00 am Resources for those without health insuranceHelp is available for people who have lost their coverage because of layoffs or cutbacks in benefits and don't quality for subsidy programs such as Medi-Cal or Medicare.Healthcare without insurance is like construction without power tools. Source: L.A. Times - Business | 21 Jun 2009 | 7:00 am Build a financial cushion to avoid overdraft chargesEven people living on the financial edge can save enough to protect themselves from being swamped by a bank's 'gotcha' fees. Dear Liz:...Source: RSS feed - channel BNPaperBusiness | 21 Jun 2009 | 7:00 am Homeowners should be careful about how they hold title to propertiesThis important decision is often an afterthought during a sale but it has significant legal ramifications.The manner in which homeowners hold title to their properties has significant legal ramifications. Consequently, it's not wise to leave this important decision to chance. Source: L.A. Times - Business | 21 Jun 2009 | 7:00 am Starbucks to grind and brew coffee more frequentlyBaristas will refresh each container of coffee about every 24 minutes, a spokeswoman says. The company is emphasizing quality as rival restaurants sell coffee-based drinks at lower prices.BEVERAGES Source: L.A. Times - Business | 21 Jun 2009 | 7:00 am His money, her money: Some financial etiquette for couplesIt can be great to be a couple -- until you start talking about money. Maybe you're trying to save up for retirement but your husband can't stop buying new shoes. Or you come from wealth and your girlfriend...Source: RSS feed - channel BNPaperBusiness | 21 Jun 2009 | 7:00 am Banks haven't proved that consumers can trust themYou'd think banks would be able to succeed by treating customers with integrity. But left to their own devices, they do the opposite. That's why we need a Consumer Financial Protection Agency.Denial , noun : An unconscious defense mechanism characterized by refusal to acknowledge painful realities, thoughts or feelings. Source: L.A. Times - Business | 21 Jun 2009 | 7:00 am Finding the right health insurance policyThe options are dizzying, with premiums, deductibles and co-payments that vary widely among plans and costs that are not always obvious. Here's how to avoid expensive mistakes. ...Source: RSS feed - channel BNPaperBusiness | 21 Jun 2009 | 7:00 am Starbucks to grind and brew coffee more frequentlyBaristas will refresh each container of coffee about every 24 minutes, a spokeswoman says. The company is emphasizing quality as rival restaurants sell coffee-based drinks at lower prices. ...Source: RSS feed - channel BNPaperBusiness | 21 Jun 2009 | 7:00 am Finding the right health insurance policyThe options are dizzying, with premiums, deductibles and co-payments that vary widely among plans and costs that are not always obvious. Here's how to avoid expensive mistakes.Millions of Americans who are self-employed, working for small businesses or -- increasingly in this economy -- jobless, are facing the difficult and expensive task of buying health insurance on the open market. ¶ The options are dizzying, with premiums, deductibles and co-payments that vary widely among plans and costs that are not always obvious. People who are older may pay more, as may those who have children and women who are of child-bearing age. Anyone who has needed major medical care in the past might be denied a policy altogether or charged significantly more. ¶ Choose the wrong policy and you could wind up without enough coverage to pay for a lengthy hospital stay or an expensive medicine. ¶ We offer tips on navigating this tangled system and, in related stories, alternatives for those who don't qualify for private insurance or can't afford it. ¶ There are seven key elements that consumers must weigh when choosing a health policy. And it's important to understand the interplay between them, said Shannon Fallick, director of consumer affairs at eHealthInsurance in Mountain View, Calif. Source: L.A. Times - Business | 21 Jun 2009 | 7:00 am Build a financial cushion to avoid overdraft chargesEven people living on the financial edge can save enough to protect themselves from being swamped by a bank's 'gotcha' fees.Dear Liz: Like many Americans, I often must scramble to make ends meet between paychecks. I vigilantly monitor my account online, and when my balance is getting low, I curb my expenses as best I can. Source: L.A. Times - Business | 21 Jun 2009 | 7:00 am Resources for those without health insuranceHelp is available for people who have lost their coverage because of layoffs or cutbacks in benefits and don't quality for subsidy programs such as Medi-Cal or Medicare. ...Source: RSS feed - channel BNPaperBusiness | 21 Jun 2009 | 7:00 am Banks haven't proved that consumers can trust themYou'd think banks would be able to succeed by treating customers with integrity. But left to their own devices, they do the opposite. That's why we need a Consumer Financial Protection Agency. ...Source: RSS feed - channel BNPaperBusiness | 21 Jun 2009 | 7:00 am He found his niche while pursuing what wasn't his passionMichael Flood got his MBA in the '80s, although he was never really interested in business. But it was in school that the future CEO of the L.A. Regional Foodbank was exposed to the nonprofit world. ...Source: RSS feed - channel BNPaperBusiness | 21 Jun 2009 | 7:00 am He found his niche while pursuing what wasn't his passionMichael Flood got his MBA in the '80s, although he was never really interested in business. But it was in school that the future CEO of the L.A. Regional Foodbank was exposed to the nonprofit world.The gig: Flood, 46, is chief executive of the nonprofit Los Angeles Regional Foodbank, which last year distributed 39 million pounds of free food to more than 900 charity agency sites in the county. Source: L.A. Times - Business | 21 Jun 2009 | 7:00 am Under COBRA, act quickly to retain health plan after job lossThere's a 60-day window after separation to maintain the health insurance provided by a former employer. Costs and eligibility vary, however.If you've lost your job, you need to act fast to maintain adequate health insurance. Source: L.A. Times - Business | 21 Jun 2009 | 7:00 am Homeowners should be careful about how they hold title to propertiesThis important decision is often an afterthought during a sale but it has significant legal ramifications. The...Source: RSS feed - channel BNPaperBusiness | 21 Jun 2009 | 7:00 am Airbus to deliver first China-made airplaneEuropean aviation giant Airbus is set to deliver the first A320 airplane assembled at its factory in China, in a symbolic event further marking the nation's global rise. The first plane...Source: RSS feed - channel BNewsBusiness | 21 Jun 2009 | 6:20 am Paul Holmes: Going the extra (air) mileThis is not a puff piece for Air New Zealand, although there is a lot to praise at Air New Zealand. I fly regularly the Auckland-Hawke's Bay route and the service I get at both ends is always relaxed, funny, friendly and accommodating....Source: New Zealand Herald - Business | 21 Jun 2009 | 6:00 am S.African broadcaster near collapseMassive debts and a spate of top-level resignations have pushed South Africa's public broadcaster to near-collapse, threatening a network once styled as the voice of the country's...Source: RSS feed - channel BNewsBusiness | 21 Jun 2009 | 5:01 am China-driven commodities rally nearing end (AFP)
Source: Yahoo! News: Stock Markets News | 21 Jun 2009 | 3:42 am Apple CEO Jobs had liver transplant - reportNEW YORK - Apple Inc. CEO Steve Jobs, who has been on medical leave for undisclosed reasons since January, received a liver transplant two months ago in Tennessee but is recovering well, The Wall Street Journal reported Saturday. The...Source: New Zealand Herald - Business | 21 Jun 2009 | 2:18 am Stanford indicted in massive U.S. fraud case (Reuters)Reuters - Texas billionaire Allen Stanford, three associates and a top Caribbean regulator were indicted on fraud, conspiracy and obstruction charges in an elaborate $7 billion pyramid scheme to bilk investors, U.S. Justice Department officials said on Friday.Source: Yahoo! News: Business | 21 Jun 2009 | 12:31 am Stanford indicted in massive U.S. fraud caseRICHMOND, Virginia (Reuters) - Texas billionaire Allen Stanford, three associates and a top Caribbean regulator were indicted on fraud, conspiracy and obstruction charges in an elaborate $7 billion pyramid scheme to bilk investors, U.S. Justice Department officials said on Friday.Source: Reuters: Business News | 21 Jun 2009 | 12:31 am Xstrata seeks merger with Anglo AmericanThe mining giant Xstrata has approached arch-rival Anglo American about a £41 billion merger that would create one of the world’s biggest natural-resources companies.Source: Latest Business News from Times Online | 21 Jun 2009 | 12:08 am Better banking control needs global solutionThe subject of regulation is not a page turner, but we are going to have to get used to reading and hearing a lot more about it. After the recent financial meltdown, regulators around the world are trying to ensure such an event is never repeated.Source: Latest Business News from Times Online | 21 Jun 2009 | 12:00 am Carter paints his digital picture and signs offThree days after he unveiled a vision of Britain’s digital future – and how the taxpayer is going to pay for it – Lord Carter, the communications minister, is already eyeing a summer flit to France.Source: Latest Business News from Times Online | 21 Jun 2009 | 12:00 am Greens told no alternative to fossil fuelsLISTEN to ministers and green campaigners and you would think that we are on a happy path to greener energy, with renewable sources of power freeing us from reliance on fossil fuels.Source: Latest Business News from Times Online | 21 Jun 2009 | 12:00 am Brum boffin nets £80mA professor of medicine at Birmingham University is in line for a windfall of more than £80m from the sale of part of his healthcare company.Source: Latest Business News from Times Online | 21 Jun 2009 | 12:00 am Top telecoms bosses attack phone levy proposalTwo of Britain’s biggest telecoms bosses have this weekend come out against the government’s proposed £6-a-year levy on telephone lines, labelling it as an unfair “poll tax” that marks a backwards step for their industry.Source: Latest Business News from Times Online | 21 Jun 2009 | 12:00 am Top City duo vie to lead SainsburyCity heavyweights John Peace and Niall FitzGerald have been shortlisted to replace Sir Philip Hampton as chairman of J Sainsbury, the £5.6 billion supermarket giant.Source: Latest Business News from Times Online | 21 Jun 2009 | 12:00 am The Andrew Davidson Interview: Azim PremjiIn a nondescript office near Paddington station, one of India’s richest men goes on the defensive. “Yes, I am going to pass over large sums of shares to my foundation,” says Azim Premji, founder of Wipro Technologies. “You will see it in due course. But write about it then, please.”Source: Latest Business News from Times Online | 21 Jun 2009 | 12:00 am The Independent newspaper's emergency cash callThe troubled owner of The Independent newspaper is this weekend considering launching an emergency rights issue to raise funds so it can buy out bondholders and stave off a financial crisis.Source: Latest Business News from Times Online | 21 Jun 2009 | 12:00 am Branson to ministers: let BA go bustSir Richard Branson has rubbed salt in British Airways’ wounds by declaring BA practically worthless, and urging the government to resist any attempts to bail it out.Source: Latest Business News from Times Online | 21 Jun 2009 | 12:00 am Don't bail out British Airways urges BransonSir Richard Branson has urged the Government not to contemplate a bailout of British Airways saying the struggling flag carrier is almost worthless.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 20 Jun 2009 | 10:31 pm Steve Jobs received liver transplant: report (Reuters)Reuters - Apple Chief Executive Steve Jobs underwent a liver transplant operation about two months ago and is expected to return to work by the end of June, The Wall Street Journal reported on Saturday.Source: Yahoo! News: Business | 20 Jun 2009 | 9:44 pm Steve Jobs received liver transplant: reportSAN FRANCISCO (Reuters) - Apple Chief Executive Steve Jobs underwent a liver transplant operation about two months ago and is expected to return to work by the end of June, The Wall Street Journal reported on Saturday.Source: Reuters: Business News | 20 Jun 2009 | 9:44 pm 3 ways consumers waste moneyHorror stories of $2,000 phone bills are rare, but thousands -- even millions -- of people could be wasting money on outdated telephone services.Source: Business and financial news - CNNMoney.com | 20 Jun 2009 | 8:46 pm Qinetiq rewards executives as pay freeze plan failsQinetiq increased remuneration for senior staff by 22pc to £4.4m last year despite proposing a pay freeze for the defence research company's remaining employees.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 20 Jun 2009 | 8:38 pm Ads coming to Twitter feedsSource: Business and financial news - CNNMoney.com | 20 Jun 2009 | 8:37 pm One Federal Reserve to rule them allPresident Obama's plans for the reform of financial regulation could be generating an unintended turf war.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 20 Jun 2009 | 8:36 pm $12,000 house? I'll take a dozenSource: Business and financial news - CNNMoney.com | 20 Jun 2009 | 8:36 pm Where are the jobs?Need a job? Move to North Dakota.Source: Business and financial news - CNNMoney.com | 20 Jun 2009 | 8:35 pm Iran protests errupt into steet battlesIranian security guards crack down hard on protesters thronging the streets of Tehran, unleashing tear gas and water cannons in an effort to end nearly a week of demonstrations by crowds.Source: MarketWatch.com - Top Stories | 20 Jun 2009 | 8:34 pm More 'grey panthers' on prowl at FSAThe Financial Services Authority has been bulking up on City experience in the wake of the banking crisis by adding to its group of experts known within the regulator as "grey panthers".Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 20 Jun 2009 | 8:31 pm It's time to end the grotesque fiscal bailouts and grapple with realityThis column has longargued the Western world's policy reaction to "subprime" has been wrong. In my view the grotesque fiscal bailouts and the money printing the ongoing assumption financial regulation could be tweaked rather than reformed wholesale have made our collective predicament much worse.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 20 Jun 2009 | 8:28 pm Zimbabwe seeks foreign investorsA host of British business leaders including Sir Richard Branson the creator of the Virgin brand and Martin Sorrell the chief executive of WPP yesterday met Morgan Tsvangirai the prime minister of Zimbabwe to explore the possibility of private investment into the troubled country.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 20 Jun 2009 | 8:22 pm Seatwave scores as T20 cricket drives salesSeatwave the ticket trading website has seen a "massive" spike in sales with cricket fans snapping up tickets for today's Twenty20 World Cup final at Lord's.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 20 Jun 2009 | 8:19 pm Vodafone cools on prompt paymentVodafone is defying Lord Mandelson's call for companies to pay suppliers earlier to help them survive the economic downturnSource: Finance and Business. Latest breaking news stocks and shares from the UK and world | 20 Jun 2009 | 8:14 pm Obama statement on IranThe White House issues the following statement from President Barack Obama on the demonstrations in Iran:Source: MarketWatch.com - Top Stories | 20 Jun 2009 | 8:14 pm 'Too big to fail' row exposes alarming divideThe Punch and Judy show that was last Wednesday's Mansion House dinner could hardly have exposed the divided thinking of the Bank of England Governor and the Chancellor of the Exchequer any more clearly.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 20 Jun 2009 | 8:11 pm Obama calls for halt to violence in IranPresident Barack Obama, taking aim at Iran’s crackdown on post-election protests, calls on the nation’s leadership to halt further violence against its own people.Source: MarketWatch.com - Top Stories | 20 Jun 2009 | 8:11 pm Ball gets £500m backing for ITVCitigroup the investment bank has agreed to underwrite a £500m fundraising by ITV if it appoints Tony Ball as its new chief executive.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 20 Jun 2009 | 7:59 pm Hollywood studio Paramount axes top executivesLOS ANGELES (Reuters) - Hollywood studio Paramount Pictures, which suffered the first big bomb of the summer last weekend with an Eddie Murphy comedy, has fired its top production executive after barely 18 months in the job.Source: Reuters: Business News | 20 Jun 2009 | 7:50 pm New York Times reporter escapes Afghan TalibanDavid Rohde, a New York Times investigative reporter kidnapped seven months ago by Taliban forces in Afghanistan, has escaped his captors and is now under the protection of the U.S. military, the newspaper reports.Source: MarketWatch.com - Top Stories | 20 Jun 2009 | 5:54 pm Apple founder Steve Jobs has a new liver--reportSteve Jobs, on extended medical leave from his CEO post at Apple Inc., underwent a liver transplant two months ago in Tennessee, according to a report in the Wall Street Journal.Source: MarketWatch.com - Top Stories | 20 Jun 2009 | 5:08 pm Auckland city house prices hammered in new surveyThe Nelson suburb of Stoke survived the housing slump in the strongest shape - while Central Auckland copped the heaviest hammering. A Real Estate Institute analysis compared the rolling three-month median sale prices for May across...Source: New Zealand Herald - Business | 20 Jun 2009 | 4:00 pm Companies gear up to combat flu outbreakBottles of sanitiser and wet wipes will help keep the lights on across the country as utility companies tell their staff to wash away swine flu. Essential services companies are promoting better hygiene as their first line of defence...Source: New Zealand Herald - Business | 20 Jun 2009 | 4:00 pm Martin Hawes : Now is the time to budget for a better lifeThe first step towards investment is having something to invest. We can talk about things such as yields, rates of return and the state of the markets as much as we like, but it is an academic exercise until you have some money. The...Source: New Zealand Herald - Business | 20 Jun 2009 | 4:00 pm Airline leaves All Blacks fans strandedRugby fans flying to last night's test in Wellington were among a group of Jetstar passengers left stranded in Auckland by the budget airline. More than 10 people say they were left behind when the Qantas subsidiary closed its...Source: New Zealand Herald - Business | 20 Jun 2009 | 4:00 pm Trouble runs off the farmFarmers are being blamed for an increase in harmful nutrients in our rivers. A 20-year study by Niwa found waterways flowing through farmland have higher levels of nitrogen and phosphorous than those that flow through unfarmed...Source: New Zealand Herald - Business | 20 Jun 2009 | 4:00 pm Stoked with NelsonWarren McLew and his wife Gillian aren't surprised their home suburb of Stoke in Nelson came up trumps through the slump. They haven't looked back since moving from Mosgiel and buying their house on Keates Cres 25 years ago. Then,...Source: New Zealand Herald - Business | 20 Jun 2009 | 4:00 pm Airline's efficiency is onlinePacific Blue is adding another wrinkle to the contest for New Zealand's flying public. From today, the Christchurch-based subsidiary of Virgin Blue will publish information on its website showing how well it is sticking to its...Source: New Zealand Herald - Business | 20 Jun 2009 | 4:00 pm Sexy ad upsets AussiesA sexually provocative ad campaign for a clothing company co-owned by Rich Lister Eric Watson is under fire for being too "pornographic". The Australian television ads for American Apparel feature half-naked women, many of them...Source: New Zealand Herald - Business | 20 Jun 2009 | 4:00 pm Payrolls drop across U.S.; fewer states see lossesPayrolls fall in most of the U.S. during May as companies squeezed by the recession kept unloading workers, but fewer states lost jobs than in April.Source: MarketWatch.com - Top Stories | 20 Jun 2009 | 2:30 pm
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