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NewsWatch: Alaska Gov. Sarah Palin stepping downLittle more than halfway into her first term, the governor says she not only wouldn’t be seeking re-election, but that she would be handing over the reins of office.
Source: MarketWatch.com - Top Stories | 4 Jul 2009 | 1:00 pm BT in bid to cut staff pay in return for holidays Source: Latest Business News from Times Online | 4 Jul 2009 | 11:35 am Saxo Bank Launches Free Website 'Taking the lead' for Tour de France FansMONACO, July 4 /PRNewswire/ -- Saxo Bank, the online trading and investment specialist, and main sponsor of Team Saxo Bank, has launched a new and unique concept for The...Source: RSS feed - channel BNewsBusiness | 4 Jul 2009 | 11:05 am North Korea test-fires seven missilesSouth Korea’s Yonhap news agency, citing an unnamed government official, reports that North Korea on Saturday test-fired two Scud-type missiles that have an estimated range of 500kmSource: Financial Times - US homepage | 4 Jul 2009 | 10:33 am Auto Review: 2009 GMC Sierra Hybrid: A few jolts, lots of voltsOut here in the rolling hills of the Potomac Valley, pickup trucks may outnumber the dogs. So it is a great place to test the latest truck from GMC.
Source: MarketWatch.com - Top Stories | 4 Jul 2009 | 10:01 am Gerson Lehrman Group and CAIJING Magazine in Beijing Collaborate on Forum at China's First 'Global Think Tank Summit'BEIJING, July 4 /PRNewswire/ -- At the inaugural Global Think Tank Summit organized by the China Center for International Economic Exchanges ("CCIEE") in Beijing today,Source: RSS feed - channel BNewsBusiness | 4 Jul 2009 | 10:00 am BT offers staff a year at home for pay cutBT, seeking to slash costs in the face of Britain's worst recession in years, is offering employees a year at home in return for a 75-percent pay cut, the telecoms operator said Saturday.Source: RSS feed - channel BNewsBusiness | 4 Jul 2009 | 9:28 am The old is new again at Saturday Evening PostThe Saturday Evening Post, a centuries-old publication that helped make illustrator Norman Rockwell an American icon and showcased some of the greatest U.S. writers, is returning to its...Source: RSS feed - channel BNewsBusiness | 4 Jul 2009 | 8:51 am Malaysia makes bold changes in race-based policiesThe economic downturn is allowing Malaysia's leader to chip away at an affirmative action program for Malay Muslims that has been considered virtually untouchable in the past. Soon afterSource: RSS feed - channel BNewsBusiness | 4 Jul 2009 | 8:49 am Sri Lanka's need for IMF wanes: Central BankSri Lanka's central bank chief said that the island could live without a major IMF bailout that had been delayed by the final stages of the government's fight with Tamil Tiger rebels. ...Source: RSS feed - channel BNewsBusiness | 4 Jul 2009 | 7:29 am Chinese airline may offer cheaper fares to passengers who standThe proposal would allow the airline to cram 40% more travelers into its planes while cutting operating costs 20%. Passengers would be strapped to a bar-stool-like stand during takeoff and landing.An airline in China is mulling over plans that would allow passengers to stand during short flights and pay less than those who have seats.
Source: L.A. Times - Business | 4 Jul 2009 | 7:00 am GM thrives in Latin AmericaFuel-efficient vehicles from its Brazil unit and strong sales in Latin America look promising for the battered carmaker's future.For all its miscues at home, General Motors Corp. has built a powerhouse operation in Latin America, where its fuel-efficient vehicles could play a crucial role in returning the battered company to health.
Source: L.A. Times - Business | 4 Jul 2009 | 7:00 am Glut of oil could push gasoline prices back down below $2 a gallonEnergy experts say oil supply is outstripping demand. Eventually suppliers will tire of paying to store all of the surplus oil and flood the market, they predict.A year after oil hit a record closing price, the commodity's price is way down -- and may fall significantly further as supply continues to dwarf demand.
Source: L.A. Times - Business | 4 Jul 2009 | 7:00 am Jobless rate is awful, but it's not a good stock market barometerThe government's ugly report this week on June employment showed that U.S. companies still are cutting jobs at a fast pace.
Source: L.A. Times - Business | 4 Jul 2009 | 7:00 am Carbon tariffs proposal is causing unease in the global communityChina and India lash out at a U.S. bill aimed at imports from countries that pollute, saying that it would 'hurt the interests of developing countries' and 'disrupt the order of international trade.'China and India on Friday lashed out at the possibility of the United States slapping so-called carbon tariffs on goods imported from countries that pollute, even though analysts said proposed U.S. measures were years away and would be hard to implement.
Source: L.A. Times - Business | 4 Jul 2009 | 7:00 am Countrywide fraud case hinges on disclosures to investorsThe SEC suit says former CEO Angelo Mozilo and other ex-executives knew of heavy risks in subprime loans. But the defense is expected to argue that those risks were well publicized.With a trail of damaging e-mails and big-money stock sales, the federal government's fraud case against Angelo Mozilo and two other former Countrywide Financial Corp. executives appears to have plenty of ammunition.
Source: L.A. Times - Business | 4 Jul 2009 | 7:00 am Blackstone Group sells Carmel Valley Ranch to Geolo CapitalSelling price for the golf resort is $20 million. John Pritzker, son of the late Hyatt tycoon Jay Pritzker and founding partner of investment firm Geolo, plans a $25-million upgrade.Blackstone Group, the buyout firm that owns Hilton Hotels Corp., sold a golf resort near Carmel to an investment firm led by John Pritzker for $20 million.
Source: L.A. Times - Business | 4 Jul 2009 | 7:00 am Another wave of foreclosures is poised to strikeMortgage defaults have surged to record levels amid rising unemployment and falling home prices. Lenders are expected to move quickly to clear up backlogs as moratoriums on foreclosures expire.Just as the nation's housing market has begun showing signs of stabilizing, another wave of foreclosures is poised to strike, possibly as early as this summer, inflicting new punishment on families, communities and the still-troubled national economy.
Source: L.A. Times - Business | 4 Jul 2009 | 7:00 am Chinese drywall blamed for odors and corrosion in U.S. homesHealth concerns are raised over the imported building material. Some drywall made with radioactive phosphogypsum, a waste byproduct, was shipped to the U.S. by at least four Chinese-based firms.The final years of the U.S. housing boom and a disastrous series of Gulf Coast hurricanes created a golden opportunity for Chinese drywall manufacturers. With domestic suppliers unable to keep up with demand, imports of Chinese drywall to the U.S. jumped 17-fold in 2006 from the year before.
Source: L.A. Times - Business | 4 Jul 2009 | 7:00 am Stocks fall in Europe and AsiaReports on retail sales and the service industry add to concern that the first global recession since World War II will persist.Stocks fell in Europe and Asia on Friday, extending the MSCI World Index's longest weekly losing streak since March, as reports on retail sales and the service industry added to concern that the first global recession since World War II will persist.
Source: L.A. Times - Business | 4 Jul 2009 | 7:00 am Blackstone Group sells Carmel Valley Ranch to Geolo CapitalSelling price for the golf resort is $20 million. John Pritzker, son of the late Hyatt tycoon Jay Pritzker and founding partner of investment firm Geolo, plans a $25-million upgrade. ...Source: RSS feed - channel BNPaperBusiness | 4 Jul 2009 | 7:00 am Stocks fall in Europe and AsiaReports on retail sales and the service industry add to concern that the first global recession since World War II will persist. ...Source: RSS feed - channel BNPaperBusiness | 4 Jul 2009 | 7:00 am Jobless rate is awful, but it's not a good stock market barometerThe government's ugly report this week on June employment showed that U.S. companies still are cutting jobs at a fast pace.Source: RSS feed - channel BNPaperBusiness | 4 Jul 2009 | 7:00 am Madoff investors rush to beat reimbursement claims deadlineAt least 15,000 claims to recoup money lost in the Ponzi scheme have been filed, officials say. Valid claims will be eligible for up to a $500,000 payment from the Securities Investor Protection Corp...Source: RSS feed - channel BNPaperBusiness | 4 Jul 2009 | 7:00 am Metal damage and nosebleeds in home built with Chinese drywallHundreds of U.S. homeowners have similar complaints. Some have sued. Emily McCarthy thought the foul smell in...Source: RSS feed - channel BNPaperBusiness | 4 Jul 2009 | 7:00 am Chinese drywall blamed for odors and corrosion in U.S. homesHealth concerns are raised over the imported building material. Some drywall made with radioactive phosphogypsum, a waste byproduct, was shipped to the U.S. by at least four Chinese-based firms. ...Source: RSS feed - channel BNPaperBusiness | 4 Jul 2009 | 7:00 am Another wave of foreclosures is poised to strikeMortgage defaults have surged to record levels amid rising unemployment and falling home prices. Lenders are expected to move quickly to clear up backlogs as moratoriums on foreclosures expire. ...Source: RSS feed - channel BNPaperBusiness | 4 Jul 2009 | 7:00 am Chinese airline may offer cheaper fares to passengers who standThe proposal would allow the airline to cram 40% more travelers into its planes while cutting operating costs 20%. Passengers would be strapped to a bar-stool-like stand during takeoff and landing. ...Source: RSS feed - channel BNPaperBusiness | 4 Jul 2009 | 7:00 am Carbon tariffs proposal is causing unease in the global communityChina and India lash out at a U.S. bill aimed at imports from countries that pollute, saying that it would 'hurt the interests of developing countries' and 'disrupt the order of international trade.' ...Source: RSS feed - channel BNPaperBusiness | 4 Jul 2009 | 7:00 am GM thrives in Latin AmericaFuel-efficient vehicles from its Brazil unit and strong sales in Latin America look promising for the battered carmaker's future. ...Source: RSS feed - channel BNPaperBusiness | 4 Jul 2009 | 7:00 am Venezuela assumes control of bankVenezuela's government formally takes control of the country's third largest bank - the Spanish-owned Banco de Venezuela.Source: BBC News | Business | World Edition | 4 Jul 2009 | 6:47 am China fund to buy $1.5 bln stake in Canadian minerChina's sovereign wealth fund said it would buy 1.5 billion dollars worth of shares of the Canadian mining company Teck Resources Ltd. The purchase by the China Investment Corp would...Source: RSS feed - channel BNewsBusiness | 4 Jul 2009 | 6:15 am Shanghai plans own "Wall Street bull": reportBEIJING (Reuters) - Wall Street may be down on its luck, but China's growing business hub, Shanghai, plans to install its own version of the Street's famed charging bull statue, casting in...Source: RSS feed - channel BNewsBusiness | 4 Jul 2009 | 4:01 am Shanghai plans own "Wall Street bull": reportBEIJING (Reuters) - Wall Street may be down on its luck, but China's growing business hub, Shanghai, plans to install its own version of the Street's famed charging bull statue, casting in metal its hopes to eventually rival New York.Source: Reuters: Business News | 4 Jul 2009 | 4:01 am About 10 firms submit bids for AIG Taiwan unit: reportsTAIPEI (Reuters) - About 10 global and Taiwan financial firms have submitted bids to buy troubled AIG's Taiwanese insurance unit, newspapers said on Saturday, in a deal that could fetch up to over $2 billion.Source: Reuters: Business News | 4 Jul 2009 | 3:38 am About 10 firms submit bids for AIG Taiwan unit: reportsTAIPEI (Reuters) - About 10 global and Taiwan financial firms have submitted bids to buy troubled AIG's Taiwanese insurance unit, newspapers said on Saturday, in a deal that could fetch upSource: RSS feed - channel BNewsBusiness | 4 Jul 2009 | 3:38 am About 10 firms submit bids for AIG Taiwan unit-papers* Cathay, Chinatrust, Fubon, Ruentex among Taiwan biddersSource: RSS feed - channel BNewsBusiness | 4 Jul 2009 | 3:11 am Fonterra to appeal latest commission rulingFonterra plans to appeal the Commerce Commission's latest ruling in its dispute with cheese companies. The decision requires the giant dairy cooperative to supply raw milk to another party to process for the Kaimai Cheese and Grate...Source: New Zealand Herald - Business | 4 Jul 2009 | 1:48 am Cool gadgets: Where tech is headedTech competition is heating up: Google vs. Microsoft! Microsoft vs. Apple! Apple vs. Palm! Here's how the second half of '09 is shaping up.Source: Business and financial news - CNNMoney.com | 4 Jul 2009 | 12:53 am Seven banks fail, pushing 2009 tally to 52Seven banks were shut down by authorities Thursday, pushing the tally of failed banks for 2009 to 52, more than doubling the failures in 2008.Source: Business and financial news - CNNMoney.com | 4 Jul 2009 | 12:48 am Bernard Madoff hires help to survive hard timeBernard Madoff has hired a veteran prison consultant to help him to find the best possible jail in which to serve his 150-year sentence for Wall Street’s biggest fraud. Source: Latest Business News from Times Online | 4 Jul 2009 | 12:00 am Recovery hopes are boosted as services sector picks up momentumHopes that the economy is firmly on course to emerge from recession were given another boost yesterday when a key survey found renewed expansion in the crucial services sector for a second consecutive month. Source: Latest Business News from Times Online | 4 Jul 2009 | 12:00 am Bischoff steps back into the line of fire as Lloyds seeks leadershipWhen Sir Win Bischoff was asked to step into the hot seat as chairman of Citigroup in late 2007, he said that he could not give an answer until he had called his wife. With the 68-year-old poised to take on the chairmanship of Lloyds Banking Group, it is unclear whether Rosemary has been consulted again about whether her husband should step into another one of the world’s toughest banking jobs. Source: Latest Business News from Times Online | 4 Jul 2009 | 12:00 am Indulge your selfishness. Go and help someoneMy friend L, for years a magazine editor of sharp tailoring and formidable repute, has been helping out her local hoodies. When introduced to these huge, surly, baseball-capped lunks, her first instinct was to flee. They were Neets — that growing pariah group of kids not in education, employment or training — with barely a GCSE between them. Nonetheless L had volunteered to help them to draw up CVs, so she rolled up her sleeves, as she put it, “to try to make s*** shine”. Source: Latest Business News from Times Online | 4 Jul 2009 | 12:00 am Downturn yields rich pickings for LinklatersLinklaters revealed record full-year revenue of £1.29 billion on Friday, edging past Freshfields Bruckhaus Deringer as Britain’s highest-grossing law firm. However, pre-tax profit fell by 9 per cent to £513.6 million as Linklaters absorbed millions in restructuring costs. Source: Latest Business News from Times Online | 4 Jul 2009 | 12:00 am Farm sales rebound, as rural idyll returnsThey shrank away from the housing market during the worst of the downturn, but signs are emerging that lifestyle buyers have resumed their hunt for a farmhouse in the English countryside. Source: Latest Business News from Times Online | 4 Jul 2009 | 12:00 am Negative equity capital of Britain seeks a boostOn a scorchingly hot day last week, an office worker was sucking on a cigarette in the shade of a derelict shoe shop in Northampton town centre. Source: Latest Business News from Times Online | 4 Jul 2009 | 12:00 am Housing is turning the cornerThese are hair-shirt times. Financial gloom is the fashion. No one can publicly admit to seeing the bright side without inviting ridicule and scorn. In January, Baroness Vadera, the Treasury Minister, was derided when she claimed to discern signs of faint green shoots. Since then, public figures have responded to any positive sign with the utmost caution. Source: Latest Business News from Times Online | 4 Jul 2009 | 12:00 am Housebuilders have not made it to sunlit uplands yetTwo weeks after Taylor Wimpey talked of “continued stability” in the UK housing market, it is the turn of its peers to report on the strength of the sector’s foundations. Next week, no fewer than five housebuilders will file half-year trading updates, beginning on Tuesday with Persimmon — the closest to Taylor Wimpey in size. Source: Latest Business News from Times Online | 4 Jul 2009 | 12:00 am Michael Jackson Funeral To Break Online Video Business RecordThe media has become awash with coverage of the late King of Pop. This surprising and tragic event has left the world in shock and news networks have scrambled to get any news they can. Michael’s funeral has been reported to be scheduled for Tuesday at the Staples Center in Los Angeles, despite previous rumors that it would be held at the Neverland ranch (and yes, people will be buying tickets to a funeral). Newspapers are already touting that it will be the biggest celebrity funeral ever with hundreds of thousands taking to the streets in Los Angeles to get close to the memorial. Online Viewing Big live events that happen during the day often attract a large online audience since many office workers will use their PC at work. When Obama’s Inauguration took place online viewing actually exceeded regular TV viewing with Nielson reporting nearly 40 million viewers, whereas online viewing was estimated to be around 70 million. Given that interest in Michael Jackson’s death has already trumped Obama’s inauguration in the blogosphere, we can expect to see record breaking online viewers. Where to Watch Online? There will be a large selection of live online coverage of Michael Jackson’s funeral. The major news networks such as Fox, ABC, the BBC and CNN will likely provide live streams on their website. In addition broadband video sites like Hulu, uStream, LiveStation and others will likely broadcast the memorial service online. WebTvHub previously gave a comprehensive list of ways to watch Obama’s Inauguration online, and are doing the same thing for Michal Jackson’s funeral here.
Source: Business Pundit | 3 Jul 2009 | 11:29 pm Alaska Gov. Sarah Palin stepping downLittle more than halfway into her first term, the governor says she not only wouldn’t be seeking re-election, but that she would be handing over the reins of office.
Source: MarketWatch.com - Top Stories | 3 Jul 2009 | 10:45 pm Ferguson and Frost unite for property ventureSir Alex Ferguson, manager of English football team Manchester United, is to join forces with the television star Sir David Frost in a £1bn property venture backed by Middle Eastern investorsSource: Financial Times - US homepage | 3 Jul 2009 | 10:34 pm Questions grow over oil spike brokeragePVM Oil Associates manager wrote bullish note on rising prices before rogue trade discoveredSource: Financial Times - US homepage | 3 Jul 2009 | 10:34 pm Palin resigns as Alaska governorSarah Palin abruptly resigned as governor of Alaska, saying she did not want to waste her time on ‘political blood sport’ and would hand power to her deputy later this month.Source: Financial Times - US homepage | 3 Jul 2009 | 10:27 pm Taliban step up attacks in Helmand valleyTaliban insurgents stepped up attacks Friday against US Marines in southern Afghanistan’s Helmand River valley, forcing troops in some areas to spend the day fighting instead of carrying out plans to meet with residents and local leadersSource: Financial Times - US homepage | 3 Jul 2009 | 10:04 pm Teck to sell 17 percent stake to China for C$1.74 billion (Reuters)
Source: Yahoo! News: Business | 3 Jul 2009 | 9:29 pm Teck to sell 17 percent stake to China for C$1.74 billionTORONTO (Reuters) - Teck Resources said on Friday it will sell a 17.2 percent equity stake to state-owned China Investment Corp in a deal that will help the Canadian miner pay down its debt while expanding China's portfolio of commodity investments.Source: Reuters: Business News | 3 Jul 2009 | 9:29 pm NewsWatch: Alaska Gov. Sarah Palin stepping downLittle more than halfway into her first term, the governor says she not only wouldn’t be seeking re-election, but that she would be handing over the reins of office.
Source: MarketWatch.com - Top Stories | 3 Jul 2009 | 9:00 pm Stanford clients sue insurance broker Willis GroupNEW YORK (Reuters) - Several Mexican clients of Stanford Financial Group have sued insurance broker Willis Group Holdings Ltd , contending it was a willing participant in a $7 billion fraud at the Texas-based investment company.Source: Reuters: Business News | 3 Jul 2009 | 8:48 pm Stanford clients sue insurance broker Willis Group (Reuters)
Source: Yahoo! News: Business | 3 Jul 2009 | 8:48 pm Sainsbury suffers as Qatari stake dropsMarket Report: Supermarket giant J Sainsbury was in focus as the Qatari Investment Authority QIA revealed its stake in the business had dropped below 27pc.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 3 Jul 2009 | 8:48 pm Public sector must learn lessons from BT on dealing with recessionOur story today that BT has offered thousands of workers the chance to go on an "extended holiday" in return for a pay cut is the latest attempt by employers to cope with recession.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 3 Jul 2009 | 8:34 pm Speaker needs Equitable debateIf John Bercow wants make a reputation for himself as an effective Speaker he should start by allowing the 300 MPs who have signed Cable's early day motion on the Equitable scandal the debate and vote they crave.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 3 Jul 2009 | 8:29 pm The human cost of businesses entering administration is highHow former staff and suppliers were affected by the collapse of companies such as music retailer Zavvi and Baugur.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 3 Jul 2009 | 8:01 pm Coffee Republic shares suspendedCoffee company places one of its subsidiaries into administration and calls in restructuring advisors from Osborne Clarke.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 3 Jul 2009 | 7:35 pm Farmland proving resilient to recessionUK farmland significantly outperforming commercial and residential property thanks to high commodity prices and growing demand for food.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 3 Jul 2009 | 7:19 pm Lord Adonis 'rejected' chance to save taxpayer £70m on East Coast main lineThe taxpayer would have been £70m better off if the Government had accepted a deal proposed by National Express rather than seeking to strip it of its East Coast main line franchise it emerged on Friday night.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 3 Jul 2009 | 7:02 pm On Wall Street: Banks no longer so lucrativePrivate equity are eagerly buying troubled lenders, but they are not the money spinners that they once were, writes Henny SenderSource: Financial Times - US homepage | 3 Jul 2009 | 6:52 pm Rogue trader could have cost PVM Oil £400mThe "rogue trader" suspected of moving the oil price by up to 2 on Tuesday could have cost his employer 650m if the trade had not been discovered.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 3 Jul 2009 | 6:51 pm ETF Investing: Gasoline ETF may ease pain at the pumpFamilies who pack up the car this Fourth of July weekend will spend much less on gasoline than last year -- prices are down by more than a third from last summer. But when it comes to fueling your investment portfolio, a specialized exchange-traded fund may hedge against unwelcome oil-price spikes.
Source: MarketWatch.com - Top Stories | 3 Jul 2009 | 6:38 pm BNZ sells $415m of bondsBank of New Zealand has sold $415 million of fixed-rate 2014 bonds at 60 basis points over swap, BNZ Capital said yesterday. The bonds carried a coupon of 4.775 per cent and a price of 96.360169, giving a yield of 5.68 per cen...Source: New Zealand Herald - Business | 3 Jul 2009 | 6:30 pm Beijing Auto submits GM Europe offerBeijing Automotive Industry Corporation has submitted a late offer for General Motors’ European operations, formally putting the Chinese carmaker in the race against a frontrunning Russian-backed bidSource: Financial Times - US homepage | 3 Jul 2009 | 6:29 pm Archie Norman: the exAsda boss who saves businesses on the shelfNo one could accuse Aurigo Management's Archie Norman of being an underachiever. At 55 the one time Tory MP and exAsda boss has been dubbed the turnaround king - a title once again ripe in times of recession.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 3 Jul 2009 | 6:22 pm China joins carbon tax protestBeijing has joined a growing clamour of complaint about US plans for a carbon tax on imports from countries without their own emission caps, warning it could set off a global trade warSource: Financial Times - US homepage | 3 Jul 2009 | 6:20 pm UK ‘very concerned’ by Iran trial threatBritain’s Foreign Office said it was ‘very concerned’ by reports from Iran that local embassy staff may face trial in connection with demonstrations against last month’s presidential electionSource: Financial Times - US homepage | 3 Jul 2009 | 6:19 pm Dollar status unlikely to be in G8 communique: G8 source(Reuters) - The dollar's status as the top global reserve currency is unlikely to be mentioned explicitly in the final communique at next week's Group of Eight summit, a European G8 source involved in preparations for the meeting said on Friday.Source: Reuters: Business News | 3 Jul 2009 | 6:18 pm Dollar status unlikely to be in G8 communique: G8 source (Reuters)Reuters - The dollar's status as the top global reserve currency is unlikely to be mentioned explicitly in the final communique at next week's Group of Eight summit, a European G8 source involved in preparations for the meeting said on Friday.Source: Yahoo! News: Business | 3 Jul 2009 | 6:13 pm This Week’s LinksJon Taplin’s blog highlights how financial mismanagement has wiped out almost all productivity gains from the digital revolution. InventorSpot’s list of brilliant Ikea ads. Gregory McNamee writes a cultural autopsy of Michael Jackson. Mashable on how to use Wikis for business projects. PETA urges Phish to rename itself as the Sea Kittens. Good Lord.
Source: Business Pundit | 3 Jul 2009 | 6:02 pm Tesco investors vote against management share option planTesco shareholders fired a warning shot across the supermarket's bow on Friday over the retailer's plans to alter management remuneration.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 3 Jul 2009 | 6:01 pm Heat rises as Russia awaits ObamaRussia eyes opportunities created by the economic crisiscontext and what it calls a crisis in US global leadership to show that Washington needs MoscowSource: Financial Times - US homepage | 3 Jul 2009 | 5:58 pm Oil's record high, one year laterOne year ago, on July 3, 2008, oil prices settled at a record high -- a once-unthinkable $145.29 a barrelSource: Business and financial news - CNNMoney.com | 3 Jul 2009 | 5:47 pm Chuck Jaffe: Jackson memorabilia buyers are lost in NeverlandPrices for all things Michael Jackson, from albums and tour posters to commemorative coins and more, popped and have shown few signs of coming back to earth. But they will -- which is why purchasing Jackson goodies now is the Stupid Investment of the Week.
Source: MarketWatch.com - Top Stories | 3 Jul 2009 | 5:44 pm Oil falls below $66 after bleak U.S. jobs dataLONDON (Reuters) - Oil dropped a dollar to below $66 a barrel on Friday after unemployment data hardened views economic weakness would sap energy demand and that last month's rally was overdone.Source: Reuters: Business News | 3 Jul 2009 | 5:42 pm Ogden on Warehouse boardThe Warehouse has appointed James Ogden as an independent director. His appointment brings the number of non-executive, independent directors to six and the total board size to eight.Source: New Zealand Herald - Business | 3 Jul 2009 | 5:30 pm Finding a future in recycled electronicsA group of women in northern Mexico saw opportunity in piles of electronic waste sitting just across the border. They plugged in their energy and made a successful business, despite the powers that be. Ingrid Lobet reports.Source: Marketplace | 3 Jul 2009 | 5:21 pm Do-it-yourself isn't always cheaperPeople will try just about anything to save a buck. But sometimes the best way to save money -- and avert disaster -- is to call the professionals to begin with. Sally Herships reports.Source: Marketplace | 3 Jul 2009 | 5:20 pm Family takes frugality to the extremePeople are taking more hardline measures as they look to drop debt. Maine-based author W. Hodding Carter and his family are taking this idea to the extreme for an entire year and documenting it all on Gourmet.comSource: Marketplace | 3 Jul 2009 | 5:20 pm Entrepreneurs are key to recoveryPaul Kedrosky, senior fellow at the Kauffman Foundation, argues that entrepreneurship is the key to getting us out of this economic mess. He talks with Tess Vigeland about the biggest obstacles facing new businesses.Source: Marketplace | 3 Jul 2009 | 5:20 pm Telesur excels in Honduras coverageAs the coup in Honduras continues, few are seeing scenes from the turmoil due to heavy media censorship. Venezuelan news outlet Telesur is breaking through, but the coverage comes at a personal cost. Dan Grech explains.Source: Marketplace | 3 Jul 2009 | 5:20 pm Small spike in IPOs signals optimismThe flow of initial public offerings slowed to a crawl during the first half 2009, but the number of IPOs has taken off recently. Could this spell success for start-ups in the months ahead? Mitchell Hartman reports.Source: Marketplace | 3 Jul 2009 | 5:19 pm Medici lawyer says Kohn didn't get Madoff paymentsNEW YORK/VIENNA (Reuters) - Austrian fund manager Sonja Kohn did not receive any kickbacks from Bernard Madoff to steer Bank Medici customer funds to the swindler's investment business, a Medici lawyer said on Friday.Source: Reuters: Business News | 3 Jul 2009 | 5:17 pm Medici lawyer says Kohn didn't get Madoff payments (Reuters)Reuters - Austrian fund manager Sonja Kohn did not receive any kickbacks from Bernard Madoff to steer Bank Medici customer funds to the swindler's investment business, a Medici lawyer said on Friday.Source: Yahoo! News: Business | 3 Jul 2009 | 5:17 pm Judge OKs continued freezing of financier's assets (AP)AP - A federal judge has granted the Securities and Exchange Commission's request to continue freezing the assets of a California financier charged in a fraud case involving hundreds of millions of dollars.Source: Yahoo! News: Stock Markets News | 3 Jul 2009 | 5:06 pm Porsche-Volkswagen showdown loomsRead full story for latest details.Source: Business and financial news - CNNMoney.com | 3 Jul 2009 | 4:54 pm BA to cut spending by one fifthBritish Airways says it is to reduce capital spending by 20% as it faces falling passenger numbers.Source: BBC News | Business | World Edition | 3 Jul 2009 | 4:52 pm Texting at Work: Slacker Habit or Super Efficient?
The other day I was at a business luncheon and the woman across from me was texting like a fiend. Her thumbs were a blur. I was grateful. Her bad behavior made me feel better about my own. Because who hasn’t checked an email under a table, pretending others can’t see? After a few minutes this woman, a reporter, turned to me and asked about something the speaker had just said that she’d missed. She made a point of mentioning that people are always giving her the hairy eyeball because they assume she’s just checking Facebook or picking out a happy hour, when she’s actually taking story notes. So apparently she’s not just a savvy business woman, but also a little psychic. What do you think when you see someone tapping away? Do you figure it’s important business, or just frivolous socializing? And now that we can use our phones to do so many things (like check facts or take story notes) what’s the etiquette for using them in business situations? Image Credit: Ada Harverd, Flickr
Source: Business Pundit | 3 Jul 2009 | 4:43 pm Dollar climbs after poor European retail sales (AFP)
Source: Yahoo! News: Business | 3 Jul 2009 | 4:38 pm European stocks calm as US readies for 4th of July (AP)
Source: Yahoo! News: Stock Markets News | 3 Jul 2009 | 4:34 pm E.On cutting gas prices by 3.3%Energy firm E.On will cut its gas prices for domestic customers by 3.3% - an average of £25 a year - from Saturday.Source: BBC News | Business | World Edition | 3 Jul 2009 | 4:34 pm Cars up on May figuresNew car registrations were up for a second consecutive month in June, rising 8.2 per cent over the month before to 4306, but were down 36.2 per cent on a year ago, the Transport Agency said. Used car registrations, generally imports,...Source: New Zealand Herald - Business | 3 Jul 2009 | 4:30 pm Europe Markets: Utilities drag Europe lower; British Air climbsEuropean shares edged lower on Friday with U.S. equity markets closed for a holiday, with utilities and metals producers dragging lower.
Source: MarketWatch.com - Top Stories | 3 Jul 2009 | 4:22 pm London Markets: British Airways surges while London closes flatBritish Airways surged on plans to cut capacity, while the broader London market closed flat Friday.
Source: MarketWatch.com - Top Stories | 3 Jul 2009 | 4:17 pm E.U. urges derivatives clearing houseThe European Commission on Friday outlined a plan designed to overhaul the regulation of the over-the-counter derivatives market, which includes a proposal to widen the use of clearing houses for derivatives transactions.
Source: MarketWatch.com - Top Stories | 3 Jul 2009 | 4:04 pm Personal Finance Daily: The week's 10 best Personal Finance storiesIn case you missed them, here are the top 10 Personal Finance stories from MarketWatch for the week of June 29-July 3:
Source: MarketWatch.com - Top Stories | 3 Jul 2009 | 4:01 pm House prices: The good news and the bad newsA looming demand for new dwellings and a predicted spring sales recovery are just some of the hopeful signs emerging for the housing sector this week. The sector, picked by some to be hammered by a 30 per cent chop, is giving off...Source: New Zealand Herald - Business | 3 Jul 2009 | 4:00 pm Recovery? Don't bet the house on itA spring recovery or a year in the doldrums? The housing market is all over the place if the reports from a throng of organisations lately are to be believed. Our housing sector has a confounding array of statistics issued by...Source: New Zealand Herald - Business | 3 Jul 2009 | 4:00 pm Australia edges closer to joining recessionAustralia's economy, which has so far skirted the global recession, may stall after reports showed exports dropped to a 14-month low, bank lending fell and home-building approvals declined by the most since 2002. Australia was...Source: New Zealand Herald - Business | 3 Jul 2009 | 4:00 pm Comedian fronts mobile adsKiwi funnyman Rhys Darby is to become the face of an advertising campaign for new mobile company 2degrees. Staff at the mobile company were privy to a preview screening of the television ad on Thursday night but the company's marketing...Source: New Zealand Herald - Business | 3 Jul 2009 | 4:00 pm Brian Gaynor : The Las Vegas of the currency worldThe collapse of Line 7, which was at least partly due to the volatile New Zealand dollar, has put our currency back in the spotlight again. Why is the kiwi so volatile, why is it so difficult to forecast and should the Government...Source: New Zealand Herald - Business | 3 Jul 2009 | 4:00 pm Bioactives become serious business"Your joints are very dry," tut-tutted the osteopath. "You should be taking glucosamine and chondroitin." Until that day I had regarded health supplements as little better than expensive snake oil. But I had made an emergency dash...Source: New Zealand Herald - Business | 3 Jul 2009 | 4:00 pm Flickinger Sees 30% U.S. Teenage Unemployment This SummerSource: Bloomberg - All Podcasts | 3 Jul 2009 | 3:27 pm Author Kamensky Says Puritanism Is Victorian InventionSource: Bloomberg - All Podcasts | 3 Jul 2009 | 3:26 pm Teck helps lead TSX higher in quiet session (Reuters)Reuters - Toronto's main stock index rose on Friday morning, boosted in part by Teck Resources Ltd's equity sale to China Investment Corp.Source: Yahoo! News: Stock Markets News | 3 Jul 2009 | 3:20 pm Union's Tesco challenge defeatedTesco shareholders vote against a call to end the alleged exploitation of workers in firms supplying meat to the supermarket group.Source: BBC News | Business | World Edition | 3 Jul 2009 | 3:01 pm Bacon entrepreneurs bring in the bucksTired of hearing that everything tastes like chicken? So are Seattle entrepreneurs Justin Esch and Dave Lefkow. They want it all to taste like bacon.Source: Business and financial news - CNNMoney.com | 3 Jul 2009 | 2:52 pm Japan backs dollar as reserve currencyRead full story for latest details.Source: Business and financial news - CNNMoney.com | 3 Jul 2009 | 2:48 pm Sahara gas pipeline gets go-aheadNigeria, Niger and Algeria agree to build a multi-billion-dollar gas pipeline across the Sahara.Source: BBC News | Business | World Edition | 3 Jul 2009 | 2:47 pm Europe nears gas pipeline accordFive European governments are due to sign an agreement on 13 July for a major new pipeline from Central Asia.Source: BBC News | Business | World Edition | 3 Jul 2009 | 2:30 pm Oil brokerage PVM names rogue trader behind oil spikeLONDON (Reuters) - PVM Oil Futures Limited said on Friday Steve Perkins, a senior broker based at the firm's London office, was responsible for unauthorized trades earlier this week which landed the firm with a loss of nearly $10 million.Source: Reuters: Business News | 3 Jul 2009 | 2:19 pm Rogue trades cost oil broker $10mA rogue trader at a London-based oil brokerage causes his employer to lose $10m (£6m) after making unauthorised trades.Source: BBC News | Business | World Edition | 3 Jul 2009 | 2:19 pm Rogue tradingCan one individual have the clout to move markets?Source: BBC News | Business | World Edition | 3 Jul 2009 | 2:18 pm This Week’s Weird Jobs
Would you trust a guy named Bobwho told you to “take control of your futur in a nation…which has been created by you and I?” Sometimes the ability to be articulate really counts. But don’t let that dissuade you. If you like grammatically challenged guys named Bob, midnight golf, and fire lookouts, this week’s list is for you: 1. NJ: Graveyard Range Attendant 2. LA: help filling out bankruptcy papers need help in the next 10 days/ evenings/ I need someone who is good w. numbers & knows about this Please take my car as payment. I advise you to repaint it and change the license plate. We are looking for stunnigly attractive females 18-35, all ethnicities welcome, HOT body all the works to accompany our clients on dinner dates, events, a day at the mall or companion ship. You may be required (so expect) to offer full body massage, dance and to show the client a good time. NOT A SEX SERVICE. SERIOUS CANDIDATES NEED ONLY APPLY OK, ok, it’s a sex service. Just don’t tell us if you do it.
Dear Friends, In these hard economic times we are all looking for some sort of security in the wrong places. Since the last time we spoke, 11.1 million unemployed has rose to 13.7 million on May 8, 2009 here in the United States and still growing. How long will it take for people to realize that we should take control of our own futur?We are a nation that has technology that far surpasses any other country, which has been created by people like you and I. So without having to even stress the fact of the “obvious” which comes to, there is no such thing as “job security” in this day and age. If you are interested in learning the business in which you control and how you will find that the more ideas you come across, the more successful you will be, just give me a call or send me an email so I can show you how to be successful in this business. Sincerely, There is currently an announcement on USAJOBS for a GS-4 Fire Lookout for Desolation Peak in North Cascades National Park. This lookout is a remote one, travel by boat across Ross Lake, then a 6 mile strenuous hike up to the lookout. The only water available is what you can melt down from the last winter’s snow. Heavily introverted people with the ability to ruminate for days on end preferred. Happy Friday!
Source: Business Pundit | 3 Jul 2009 | 2:17 pm China moves on Opel with BAIC bidFRANKFURT/MUNICH (Reuters) - A Chinese automaker has offered to buy a stake in General Motors unit Opel, challenging a deal from Canadian auto parts supplier Magna, sources said on Friday.Source: Reuters: Business News | 3 Jul 2009 | 2:15 pm Spraying weed killer on green shootsIt looks like someone may have sprayed a healthy dose of Ortho Weed B Gon on those economic green shoots.Source: Business and financial news - CNNMoney.com | 3 Jul 2009 | 2:08 pm Mandelson hints at Vauxhall loansThe UK is prepared to make loans or loan guarantees to help push through the sale of Vauxhall, says Lord Mandelson.Source: BBC News | Business | World Edition | 3 Jul 2009 | 1:53 pm Will California's crisis whack your munis?The safety of municipal bonds is often taken for granted. But California's recent budget troubles have thrown the default possibility back into the limelight.Source: Business and financial news - CNNMoney.com | 3 Jul 2009 | 1:49 pm Construction sees sharp slowdownThe UK construction sector is expected to shrink by 16% in 2009, according to an industry body.Source: BBC News | Business | World Edition | 3 Jul 2009 | 1:49 pm How many new iPhones did AT&T sell?AT&T's widely leaked best-ever sales day memo ticking off the records set on June 19, 2009 - the day it began selling the iPhone 3GS - is packed with superlatives but notably lacking in numbers.Source: Business and financial news - CNNMoney.com | 3 Jul 2009 | 12:53 pm Venture Capital Growing Again in Clean Energy and Clean Technology (GE, DGW, BWEN)It seems that venture capital has started to reappear in clean energy and clean technology. A report this week from The Cleantech Group with contributions from Deloitte saw a resumption to growth in venture investing after two quarters of decline. The funding seems focused on electric vehicles and in biofuels, but interestingly enough the investments [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall Street | 3 Jul 2009 | 12:31 pm FTSE extends losses, falls 0.25% (AFP)
Source: Yahoo! News: Stock Markets News | 3 Jul 2009 | 12:19 pm
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