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Wockhardt to sell animal health unit to VetoquinolMUMBAI, June 28 (Reuters) - Indian pharma company Wockhardt Ltd said on Sunday it had signed an agreement to divest its Animal Health Division to France's Vetoquinol , but did not provide any financial...Source: RSS feed - channel BNewsBusiness | 28 Jun 2009 | 11:09 am Spain's Repsol discovers 2 oil wells in TarragonaMADRID, June 28 (Reuters) - Spanish oil major Repsol has discovered two new oil wells off the northern coast of Spain with a potential production of 8,000 barrels per day, four times the group's Spanish...Source: RSS feed - channel BNewsBusiness | 28 Jun 2009 | 10:44 am Novartis in talks to buy much of Elan: reportDUBLIN (Reuters) - Swiss drugmaker Novartis is in talks to buy parts of Irish peer Elan , including its flagship multiple sclerosis products and its Alzheimer's disease pipeline, the...Source: RSS feed - channel BNewsBusiness | 28 Jun 2009 | 10:39 am Novartis in talks to buy much of Elan: report (Reuters)Reuters - Swiss drugmaker Novartis is in talks to buy parts of Irish peer Elan , including its flagship multiple sclerosis products and its Alzheimer's disease pipeline, the Sunday Times said.Source: Yahoo! News: Business | 28 Jun 2009 | 10:39 am Novartis in talks to buy much of Elan: reportDUBLIN (Reuters) - Swiss drugmaker Novartis is in talks to buy parts of Irish peer Elan , including its flagship multiple sclerosis products and its Alzheimer's disease pipeline, the Sunday Times said.Source: Reuters: Business News | 28 Jun 2009 | 10:39 am Novartis in talks to buy much of Elan -reportDUBLIN, June 28 (Reuters) - Swiss drugmaker Novartis is in talks to buy parts of Irish peer Elan , including its flagship multiple sclerosis products and its Alzheimer's disease pipeline, the Sunday Times...Source: RSS feed - channel BNewsBusiness | 28 Jun 2009 | 10:13 am Novartis in talks to buy much of Elan -reportDUBLIN, June 28 (Reuters) - Swiss drugmaker Novartis is in talks to buy parts of Irish peer Elan , including its flagship multiple sclerosis products and its Alzheimer's disease pipeline, the Sunday Times...Source: RSS feed - channel BNewsBusiness | 28 Jun 2009 | 10:13 am Tata Motors launches Jaguar, Land Rover in India (Reuters)
Source: Yahoo! News: Business | 28 Jun 2009 | 10:11 am Tata Motors launches Jaguar, Land Rover in IndiaMUMBAI (Reuters) - Tata Motors Ltd , India's largest vehicles maker, on Sunday announced the launch in India of Jaguar and Land Rover vehicles, the marquee brands it bought from Ford MotorsSource: RSS feed - channel BNewsBusiness | 28 Jun 2009 | 10:11 am Tata Motors launches Jaguar, Land Rover in IndiaMUMBAI (Reuters) - Tata Motors Ltd , India's largest vehicles maker, on Sunday announced the launch in India of Jaguar and Land Rover vehicles, the marquee brands it bought from Ford Motors last year.Source: Reuters: Business News | 28 Jun 2009 | 10:11 am Eight local British embassy staff held in IranEight Iranian employees of the British embassy in Tehran have been detained by the authorities for active involvement in the unrest that has broken out since the election earlier this monthSource: Financial Times - US homepage | 28 Jun 2009 | 9:30 am Israel's D-Pharm files plan for Tel Aviv IPOJERUSALEM, June 28 (Reuters) - Israel's Clal Biotechnology Industries said on Sunday its D-Pharm unit has filed a draft prospectus with regulators for an initial public offering in Tel Aviv.Source: RSS feed - channel BNewsBusiness | 28 Jun 2009 | 9:26 am Jaguar, Land Rover enter Indian marketIndia's Tata Motors on Sunday announced the entry of luxury British marques Jaguar and Land Rover into India, but insisted there were no plans to assemble them in the country for the time...Source: RSS feed - channel BNewsBusiness | 28 Jun 2009 | 8:55 am Women to watchTeen joins ranks of UK's top young businesswomenSource: BBC News | Business | World Edition | 28 Jun 2009 | 8:15 am GM to cover future liability claims: reportsGeneral Motors will assume legal liability for injuries that drivers might suffer from vehicle defects after it emerges from bankruptcy court, media reports said.
Source: MarketWatch.com - Top Stories | 28 Jun 2009 | 8:05 am Elbit Imaging Announces Availability of its Annual Report on Form 20-F Through its Website Pursuant to the Nasdaq Listing Rule 5250-(D)TEL AVIV, Israel, June 28 /PRNewswire-FirstCall/ -- Elbit Imaging Ltd. (Nasdaq: EMITF), today announced that its annual report on Form 20-F, as amended containing audited...Source: RSS feed - channel BNewsBusiness | 28 Jun 2009 | 7:56 am Ryanair to bar passengers from checking luggageEurope's largest low-cost airline plans to offer an unlimited allowance for carry-on bags that comply with government size limits starting next spring.AIRLINES
Source: L.A. Times - Business | 28 Jun 2009 | 7:00 am Keep after your home equity line of credit lender when refinancing your mortgageIf your rate-lock period is within two to three weeks of expiring and your subordination request hasn't been approved, call the HELOC lender and ask that it be given top priority. ...Source: RSS feed - channel BNPaperBusiness | 28 Jun 2009 | 7:00 am Two new websites can help buyers save on closing costs and mortgagesClosing.com has a vendor database of nearly 150,000 firms in 14 categories, and fairmortgage.org lists dozens of lending organizations that promise to offer safe mortgages at fair prices. ...Source: RSS feed - channel BNPaperBusiness | 28 Jun 2009 | 7:00 am Health insurance story resonatesRe: David Lazarus' consumer column " Going broke for health coverage ," June 24:Source: RSS feed - channel BNPaperBusiness | 28 Jun 2009 | 7:00 am Health insurance story resonatesRe: David Lazarus' consumer column " Going broke for health coverage ," June 24:
Source: L.A. Times - Business | 28 Jun 2009 | 7:00 am Ryanair to bar passengers from checking luggageEurope's largest low-cost airline plans to offer an unlimited allowance for carry-on bags that comply with government size limits starting next spring. ...Source: RSS feed - channel BNPaperBusiness | 28 Jun 2009 | 7:00 am Economic downturn drove founder of acai beverage firmAlton Johnson lost his job in the recession that followed the Sept. 11 attacks, and out of that came Bossa Nova Beverage Group.The gig: Johnson, 39, is the founder and chief executive of Bossa Nova Beverage Group Inc., based in West Los Angeles and known for its acai juice. Last week, the company was sold for an undisclosed amount to Beverages Holdings, a Cincinnati group that owns Sunny D and other drink brands. Johnson will remain CEO of Bossa Nova but is now also the vice president for natural beverages at Beverages Holdings.
Source: L.A. Times - Business | 28 Jun 2009 | 7:00 am Keep after your home equity line of credit lender when refinancing your mortgageIf your rate-lock period is within two to three weeks of expiring and your subordination request hasn't been approved, call the HELOC lender and ask that it be given top priority.Dear Liz: I'm in a potentially bad situation with my home equity line of credit. I'm trying to refinance my primary mortgage and would save nearly $150 a month. But the HELOC lender is dragging its feet on agreeing to a subordination. If the lender doesn't agree, I lose the deal. I'm wondering why the lender does not believe it to be in its interest to help when I am trying to improve my financial situation. Can you give me some insight into the line of thinking here?
Source: L.A. Times - Business | 28 Jun 2009 | 7:00 am How to check your life insurer's healthClaims rise and investment returns fall in a bad economy. That might be enough to weaken or even topple the company, leaving policyholders with little or no coverage.If you want to know why it's important to know the health of your life insurance company, ask Vince Watson. His daughter, Katie, was left severely disabled and in need of 24-hour care because of a series of tragic errors at a hospital.
Source: L.A. Times - Business | 28 Jun 2009 | 7:00 am Personal bankruptcies surge in Southern CaliforniaThe region had the nation's biggest percentage jump in 2008, and the number this year through April is up 75% despite a 2005 rule overhaul aimed at curbing filings by those who would benefit unfairly.Going legally broke has made a big comeback -- especially in the Los Angeles area -- despite a mid-decade revision to the U.S. Bankruptcy Code intended to curb filings.
Source: L.A. Times - Business | 28 Jun 2009 | 7:00 am Personal bankruptcies surge in Southern CaliforniaThe region had the nation's biggest percentage jump in 2008, and the number this year through April is up 75% despite a 2005 rule overhaul aimed at curbing filings by those who would benefit unfairly...Source: RSS feed - channel BNPaperBusiness | 28 Jun 2009 | 7:00 am Physician aims to be philanthropistScott Reiter wants to fund his own charity. Though he's worth millions, he's spending too fast and his investments aren't returning enough to meet that goal comfortably, a planner says.By most measures, Scott Reiter is in an enviable financial position.
Source: L.A. Times - Business | 28 Jun 2009 | 7:00 am How to check your life insurer's healthClaims rise and investment returns fall in a bad economy. That might be enough to weaken or even topple the company, leaving policyholders with little or no coverage. ...Source: RSS feed - channel BNPaperBusiness | 28 Jun 2009 | 7:00 am Sweeping views, grand styleVilla Allegra in the Hollywood Hills is ready for entertainingA fusion of classic Venetian style and modern convenience can be found in Villa Allegra, a Hollywood Hills mansion with custom details including an oak-and-limestone-striped floor in the kitchen and laser-cut design work in the travertine tiles of the boudoir.
Source: L.A. Times - Business | 28 Jun 2009 | 7:00 am Sweeping views, grand styleVilla Allegra in the Hollywood Hills is ready for entertaining A fusion of classic Venetian style and modern convenience...Source: RSS feed - channel BNPaperBusiness | 28 Jun 2009 | 7:00 am Two new websites can help buyers save on closing costs and mortgagesClosing.com has a vendor database of nearly 150,000 firms in 14 categories, and fairmortgage.org lists dozens of lending organizations that promise to offer safe mortgages at fair prices.One of the problems with new Internet-based ventures is that they often lack critical mass. Jeff Lazerson, a Laguna Niguel mortgage broker, found that out firsthand.
Source: L.A. Times - Business | 28 Jun 2009 | 7:00 am Time Warner Cable charges for a service it doesn't provideIts telephone customers are charged 99 cents a month to not be listed in a directory published by telecom giants. The kicker: Time Warner doesn't even share the revenue with those companies. ...Source: RSS feed - channel BNPaperBusiness | 28 Jun 2009 | 7:00 am Time Warner Cable charges for a service it doesn't provideIts telephone customers are charged 99 cents a month to not be listed in a directory published by telecom giants. The kicker: Time Warner doesn't even share the revenue with those companies.I've always admired the way phone companies charge a monthly fee for people not to be listed in a phone book. I mean, talk about chutzpah -- charging customers to not receive a service they didn't even ask for in the first place.
Source: L.A. Times - Business | 28 Jun 2009 | 7:00 am Physician aims to be philanthropistScott Reiter wants to fund his own charity. Though he's worth millions, he's spending too fast and his investments aren't returning enough to meet that goal comfortably, a planner says. ...Source: RSS feed - channel BNPaperBusiness | 28 Jun 2009 | 7:00 am Economic downturn drove founder of acai beverage firmAlton Johnson lost his job in the recession that followed the Sept. 11 attacks, and out of that came Bossa Nova Beverage Group. The gig:...Source: RSS feed - channel BNPaperBusiness | 28 Jun 2009 | 7:00 am Optimism grows among Japanese executivesJapan's business leaders have become more optimistic about economic recovery over the past three months, a quarterly newspaper poll has said. But they also believe that full recovery is...Source: RSS feed - channel BNewsBusiness | 28 Jun 2009 | 6:55 am Kumho Asiana to sell Daewoo EngineeringSEOUL (Reuters) - South Korea's Kumho Asiana Group said on Sunday it had decided to put Daewoo Engineering & Construction Co up for a sale to ease investors worries about its liquidity.Source: Reuters: Business News | 28 Jun 2009 | 6:47 am Stocks eye jobs, other data in July 4th weekNEW YORK (Reuters) - For stock investors, June's job report could be a make-or-break factor next week in determining whether the recent rally has legs or not.Source: Reuters: Business News | 28 Jun 2009 | 4:15 am Economic Preview: Damp conditions will limit data fireworksEconomic reports next week are likely to add to expecations for a modest recovery, with Thursday's job payrolls report the highlight amid debate about how close unemployment might get to 10%.
Source: MarketWatch.com - Top Stories | 28 Jun 2009 | 4:01 am Bond’s Midland Bank HQ for saleTHE Grade I-listed former headquarters of Midland bank, whose vaults featured in the 1964 James Bond film Goldfinger, has been put up for sale by administrators just two-and-a-half years after it was bought by a former Russian deputy finance minister. Source: Latest Business News from Times Online | 28 Jun 2009 | 12:00 am BA braced for pay showdownBRITISH AIRWAYS is set for showdown talks with cabin crew unions tomorrow over redundancies and cost cuts. Failure to agree could spark industrial action in the peak summer holiday period. Source: Latest Business News from Times Online | 28 Jun 2009 | 12:00 am Permira seeks bank help to rescue ValentinoTHE global fashion house Valentino has become the latest investment by Permira, the private-equity firm, to be forced into debt negotiations with its banks. Source: Latest Business News from Times Online | 28 Jun 2009 | 12:00 am City prepares for a bumper year of company floatsCITY BANKERS are forecasting a bumper $20 billion ($£12 billion) of stock-market floats in the next two years as hopes of a recovery trigger a renewed bout of fundraising. Source: Latest Business News from Times Online | 28 Jun 2009 | 12:00 am Hong Kong bid for wind farmsASIA’S richest man could inject £150m into Centrica, the owner of British Gas. Source: Latest Business News from Times Online | 28 Jun 2009 | 12:00 am Bosses slam upfront energy billsEXECUTIVES from Britain’s top companies will warn the Big Six utilities next week that draconian contract terms, imposed to insulate them against the failure of business clients, will lead to further job losses unless they are urgently reformed. Source: Latest Business News from Times Online | 28 Jun 2009 | 12:00 am Treasury keeps grip on banks in shake-upALISTAIR DARLING’s proposed reforms of banking regulation, to be published next month, will retain a significant role for the Treasury in financial supervision. His proposals will be seen by some as a further sign of tension between the Treasury and the Bank of England. Source: Latest Business News from Times Online | 28 Jun 2009 | 12:00 am The big bonus is backJustin Fickling received an unexpected phone call from a headhunter last week. Was he interested in a position at an American bank? It was a similar role to the one he had held at another City institution until he resigned late last year. Source: Latest Business News from Times Online | 28 Jun 2009 | 12:00 am Tycoon’s £100m offer to ArsenalTHE Russian oligarch Alisher Usmanov has written to the board of Arsenal football club, saying he is prepared to underwrite a £100m rights issue. Source: Latest Business News from Times Online | 28 Jun 2009 | 12:00 am Ineos interest bill soarsJIM RATCLIFFE, the chemicals tycoon who runs Ineos, Britain’s biggest private company, has revealed the cost of refinancing its £6.4 billion debt and the dramatic steps taken to cut costs to ensure its survival. Source: Latest Business News from Times Online | 28 Jun 2009 | 12:00 am Cable guy striving to come firstRichard Lapthorne is in the middle of a long soliloquy. I have asked the architect of one of Britain's most controversial executive incentive schemes whether Royal Bank of Scotland chief executive Stephen Hester is worth his new £9.6m pay package. We're 23 minutes in and Mr Lapthorne 66 doesn't seem to have paused for breath.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 27 Jun 2009 | 9:45 pm Sainsbury's closes in on new chairmanDavid Tyler a former executive at the group behind Argos and Homebase is in the running to become the next chairman of J Sainsbury.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 27 Jun 2009 | 9:18 pm Anglo American in talks over China dealAnglo American is building its defences against a £41bn merger approach from Xstrata by plotting talks about a major Chinese investment.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 27 Jun 2009 | 9:12 pm NewsWatch: Stocks turn to jobs as first half draws to closeU.S. stocks face a busy schedule of economic reports packed into four days next week because of the July 4th holiday, with the key June employment report, and manufacturing and housing data keeping investors edgy as the first half of the year concludes.
Source: MarketWatch.com - Top Stories | 27 Jun 2009 | 9:00 pm Treasury to grant new powers to Bank of England and FSAThe Treasury is to rule out overhauling the Bank of England's inflationbusting target and will instead give the Bank and Financial Services Authority new separate powers to control British financiers' balance sheets.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 27 Jun 2009 | 8:57 pm Amazon.com ends commission program in NC (AP)AP - Amazon.com said Friday it has pulled the plug on commissions for North Carolina Web sites that make referrals to the online retailer because a law designed to collect sales taxes on these transactions could soon be enacted.Source: Yahoo! News: Business | 27 Jun 2009 | 8:56 pm Camelot gets ball rolling on consultancyCamelot the national lottery group has launched a consultancy business to lotteries globally and is close to winning its first piece of business advising the California operator.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 27 Jun 2009 | 8:55 pm UK's debt will quadruple unless drastic steps are taken says S?PBritain's national debt will quadruple unless the Government takes drastic steps to address the pensions and ageing crisis.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 27 Jun 2009 | 8:53 pm City benefactors donate millions to ToriesCity benefactors have donated millions of pounds to the Conservative Party since the start of the year as the party prepares for a general election.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 27 Jun 2009 | 8:47 pm Cantor to fill banking gap with 100 UK staffCantor Fitzgerald the US bond trader is to create 100 new jobs in its UK investment banking operations as it seeks to exploit the disappearance of rivals from the middle tier of the sector.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 27 Jun 2009 | 8:44 pm Mandelson drawn into port jobs rowSome of the biggest operators in Britain's ports have written a stinging letter to Lord Mandelson accusing the Government of a cavalier attitude to job losses.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 27 Jun 2009 | 8:42 pm Omar Fayed leaves HarrodsOmar Fayed the youngest son of Mohamed Fayed has left Harrods raising questions about a future successor at the helm of the luxury shopping group.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 27 Jun 2009 | 8:38 pm Fiat open to retail and/or institutional bond: reportMILAN (Reuters) - Italian automaker Fiat is open to issuing a bond for institutional or retail investors, or both, Chief Executive Sergio Marchionne said on Saturday, according to news agency Ansa.Source: Reuters: Business News | 27 Jun 2009 | 7:35 pm JPMorgan CEO warns against too many regulatorsCHICAGO (Reuters) - Too many regulators will only increase costs and reduce credit opportunities for consumers, JPMorgan Chase & Co Chief Executive Jamie Dimon warned in a column he wrote in Saturday's Wall Street Journal.Source: Reuters: Business News | 27 Jun 2009 | 6:43 pm Porsche rejects latest merger offer by VolkswagenPorsche rejects an ultimatum by Volkswagen and a large shareholder to accept a merger of the two automotive companies.
Source: MarketWatch.com - Top Stories | 27 Jun 2009 | 5:49 pm Hummer buyer to open talks with China regulators: reportCHICAGO (Reuters) - The potential buyer of General Motors Corp's Hummer division will begin formal talks with Chinese regulators on Monday in an effort to win approval for its acquisition, The Wall Street Journal reported on Saturday.Source: Reuters: Business News | 27 Jun 2009 | 4:57 pm Porsche fumes at VW, Lower Saxony "extortion"FRANKFURT (Reuters) - Porsche accused Volkswagen and its key shareholder Lower Saxony of extortion following a magazine report that VW and the regional state had demanded Porsche accept a tie-up of the two carmakers with VW in charge.Source: Reuters: Business News | 27 Jun 2009 | 4:35 pm Porsche fumes at VW, Lower Saxony "extortion" (Reuters)
Source: Yahoo! News: Business | 27 Jun 2009 | 4:35 pm Can Sony be saved?These days Howard Stringer makes his home in a hotel suite in an affluent Tokyo neighborhood not far from Sony headquarters.Source: Business and financial news - CNNMoney.com | 27 Jun 2009 | 4:27 pm Madoff reduced to nothingBernard and Ruth Madoff have been stripped of their vast riches.Source: Business and financial news - CNNMoney.com | 27 Jun 2009 | 4:22 pm Skill-savvy get a better edgeWith more than 1000 people a week signing up for the dole, employees desperate to avoid the scrap heap need to boost their skills fast. Jason Walker, managing director of Hays in New Zealand, says employers are using this time...Source: New Zealand Herald - Business | 27 Jun 2009 | 4:00 pm Getting a pay rise in a recessionDon't expect salary increases in the coming year, says Jason Walker, managing director of Hays in New Zealand. The latest Hays Salary Survey shows 73 per cent of employers intend increasing salaries by less than 3 per cent over...Source: New Zealand Herald - Business | 27 Jun 2009 | 4:00 pm Critics: Telcos' agreement puts mobile rates among world's highestNew Zealand's two largest telcos are facing accusations that a pricing agreement between them is a "cash cow" that hikes costs to consumers. The deal covers mobile termination rates (MTRs), the fees phone companies charge rivals...Source: New Zealand Herald - Business | 27 Jun 2009 | 4:00 pm Martin Hawes : Teach your kids to be financial plannersWe all want our children to be financially literate. Yes, personal finance should be taught in schools, but what is learned about money at school will be less significant than what is learned at home. So what should you be doing...Source: New Zealand Herald - Business | 27 Jun 2009 | 4:00 pm NewsWatch: Stocks turn to jobs as first half draws to closeU.S. stocks face a busy schedule of economic reports packed into four days next week because of the July 4th holiday, with the key June employment report, and manufacturing and housing data keeping investors edgy as the first half of the year concludes.
Source: MarketWatch.com - Top Stories | 27 Jun 2009 | 4:00 pm Bags cost shocks travellerAir travellers are being urged to check the fine print on their tickets as under-fire Jetstar faces accusations of "profiteering" from baggage charges. Experienced traveller Robert Thomas has complained to the budget airline about...Source: New Zealand Herald - Business | 27 Jun 2009 | 4:00 pm Editorial: Blame shared for flight fiascoAnyone who has sat on an almost-full aircraft, parked and waiting for a single obstinately late traveller to show up, will have a distinctly qualified sympathy for the Jetstar passengers barred from boarding a flight this week. The...Source: New Zealand Herald - Business | 27 Jun 2009 | 4:00 pm House passes historic 'cap-and-trade' energy billThe House vote, albeit a close one, hands President Barack Obama a victory on one of his top priorities.
Source: MarketWatch.com - Top Stories | 27 Jun 2009 | 3:59 pm Anthony Doesburg: For some, flu scare is turning sunny side upIf there are winners from the swine flu pandemic, poultry farmers are likely to be among them. As pharmaceutical companies gear up to produce a flu vaccine, millions of hen eggs are being used to grow the cells from which the vaccine...Source: New Zealand Herald - Business | 27 Jun 2009 | 3:55 pm Gill South: Be prepared, or face the consequences when the pandemic peaksFor many New Zealand businesses, the swine flu virus has arrived at the worst possible time; when they are already leaning heavily on a depleted staff, with many personnel doing more than one job, the idea of losing even more employees...Source: New Zealand Herald - Business | 27 Jun 2009 | 3:55 pm Take advantage of reading habits for graphic resultsI've got news for you. Most people never read your sales page as completely as you'd like them to. And the reason they don't read it is because there's too much to read, right? Wrong! They don't read it because they're doing what...Source: New Zealand Herald - Business | 27 Jun 2009 | 3:55 pm eBay will refund Jackson ticketsMichael Jackson fans who bought tickets for his O2 gigs on the internet auction site eBay and will receive refunds, it is confirmed.Source: BBC News | Business | World Edition | 27 Jun 2009 | 3:54 pm Russia's Putin invites Shell natural-gas projectsRussian Prime Minister Vladimir Putin invites Shell to participate in two new natural-gas projects.
Source: MarketWatch.com - Top Stories | 27 Jun 2009 | 3:02 pm Hariri to form new Lebanese cabinetLebanon's President Michel Suleiman has appointed Saad al-Hariri as prime minister-designate, charging him with the task of forming a new government that would turn the page on four years of turmoilSource: Financial Times - US homepage | 27 Jun 2009 | 3:01 pm Bank of NY Mellon sees writedowns, 2009 profit: reportZURICH (Reuters) - Bank of New York Mellon Corp will have further writedowns as a result of the securitized mortgages it still has on its books, the bank's chief executive was quoted as saying on Saturday.Source: Reuters: Business News | 27 Jun 2009 | 2:40 pm Obama: Health-care status quo 'unsustainable'President Barack Obama in his weekly address on Saturday highlights the choice America faces in the current health-care debate.
Source: MarketWatch.com - Top Stories | 27 Jun 2009 | 2:27 pm Watchdog will end commission biasThe city regulator will end commission payments to pension and investment advisers under plans to begin in 2012.Source: BBC News | Business | World Edition | 27 Jun 2009 | 1:29 pm SEC eyes rule for shareholders on TARP payThe Securities and Exchange Commission on Wednesday will consider proposing a rule giving shareholders a vote on executive compensation of banks receiving funds from the bank-bailout program, according to an agency release.
Source: MarketWatch.com - Top Stories | 27 Jun 2009 | 1:24 pm GE’s (GE) Flawed Vision Of The New EconomyGE’s (GE) CEO Jeff Immelt wants the US to focus on rebuilding its manufacturing economy in the hope of expanding the American export base. The notion is laudable, but financially impossible. According toReuters, “The U.S. should work to have manufacturing represent about 20 percent of employment, more than double its current level, he said.” Immelt believes that revenue [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall Street | 27 Jun 2009 | 1:21 pm NewsWatch: Stocks turn to jobs as first half draws to closeU.S. stocks face a busy schedule of economic reports packed into four days next week because of the July 4th holiday, with the key June employment report, and manufacturing and housing data keeping investors edgy as the first half of the year concludes.
Source: MarketWatch.com - Top Stories | 27 Jun 2009 | 1:00 pm US confirms U-turn in Afghan counter-narcotics policyThe US counter-narcotics strategy in Afghanistan is to undergo a U-turn with money previously spent on controversial opium poppy eradication shifting to agricultural development, Richard Holbrooke, told an international conferenceSource: Financial Times - US homepage | 27 Jun 2009 | 12:24 pm Can Obama keep up with falling home prices?Source: Business and financial news - CNNMoney.com | 27 Jun 2009 | 12:18 pm House passes energy, climate billThe House approved a sweeping energy and climate bill Friday which could for the first time usher in widespread government restrictions on greenhouse gases and help renewable energy become cost competitive with fossil fuels.Source: Business and financial news - CNNMoney.com | 27 Jun 2009 | 12:10 pm Weird Beyond Words
Source: Business Pundit | 27 Jun 2009 | 10:25 am
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