|
Regulator denies leisurely styleThe Financial Services Authority denies MPs' allegations that it has taken a "leisurely" approach to consumer complaints.Source: BBC News | Business | World Edition | 9 Aug 2009 | 4:22 am China secrets agency says Rio spied for 6 yearsBEIJING (Reuters) - China's state secrets watchdog has accused mining multinational Rio Tinto of engaging in commercial spying over six years, saying data on Rio computers showed the espionage came at a huge loss to China.Source: Reuters: Business News | 9 Aug 2009 | 3:53 am UBS tax talks stall over data transfer details: reportZURICH (Reuters) - U.S.-Swiss talks to settle a tax evasion row against UBS have stalled as the two states have yet to agree legal details on how to allow the transfer of some bank client data to Washington, a Swiss paper said on Sunday.Source: Reuters: Business News | 9 Aug 2009 | 3:23 am UBS tax talks stall over data transfer details: report (Reuters)Reuters - U.S.-Swiss talks to settle a tax evasion row against UBS have stalled as the two states have yet to agree legal details on how to allow the transfer of some bank client data to Washington, a Swiss paper said on Sunday.Source: Yahoo! News: Business | 9 Aug 2009 | 3:23 am UBS tax talks stall over data transfer details: reportZURICH (Reuters) - U.S.-Swiss talks to settle a tax evasion row against UBS have stalled as the two states have yet to agree legal details on how to allow the transfer of some bank client...Source: RSS feed - channel BNewsBusiness | 9 Aug 2009 | 3:23 am Trucking troubleCross-border row with US hurts Mexico driversSource: BBC News | Business | World Edition | 9 Aug 2009 | 2:46 am Lip serviceHow the beauty business got under Poppy King's skinSource: BBC News | Business | World Edition | 9 Aug 2009 | 2:37 am Holiday spending: One-third in survey plan to spend lessSHOPPINGSource: L.A. Times - Business | 9 Aug 2009 | 1:00 am Understanding banks' new credit criteriaWith new rules taking effect next year, lenders are working to reduce their risk profile, and that is causing some dramatic changes for consumers.The credit crunch has created an era of credit haves and have-nots. Source: L.A. Times - Business | 9 Aug 2009 | 1:00 am Amid cost cutting, L.A. city pensions continue to soarCollecting nearly $318,000 a year, the former head of the Department of Water and Power tops a list of 841 city pension recipients paid six-figure benefits, according to newly obtained records.Collecting nearly $318,000 a year, the former head of Los Angeles' Department of Water and Power tops a list of 841 city pension recipients paid six-figure benefits, according to newly obtained records. Source: L.A. Times - Business | 9 Aug 2009 | 1:00 am Healthcare debate framed by fear-mongering adsHow did the healthcare reform debate -- arguably the country's most important policy discussion in decades -- turn into such a miserable cesspool of scheming and disinformation?Source: RSS feed - channel BNPaperBusiness | 9 Aug 2009 | 1:00 am Amid cost cutting, L.A. city pensions continue to soarCollecting nearly $318,000 a year, the former head of the Department of Water and Power tops a list of 841 city pension recipients paid six-figure benefits, according to newly obtained records. ...Source: RSS feed - channel BNPaperBusiness | 9 Aug 2009 | 1:00 am First-time home buyer tax credit faces increased IRS scrutinyThe two versions of the credit have helped stimulate home sales nationwide. But they've also become temptations for dishonest taxpayers to claim bogus refunds.The IRS has an urgent message for would-be home purchasers: Make the most of the $8,000 first-time buyer tax credit before it disappears Dec. 1 -- but only if you qualify. Source: L.A. Times - Business | 9 Aug 2009 | 1:00 am Understanding banks' new credit criteriaWith new rules taking effect next year, lenders are working to reduce their risk profile, and that is causing some dramatic changes for consumers. ...Source: RSS feed - channel BNPaperBusiness | 9 Aug 2009 | 1:00 am How to avoid being ripped off by phony contractorsFirst and foremost, never hire someone whose office is the cab of a truck and who knocks on your door without being invited.The arrest recently of a group of "woodchucks" by Fairfax County, Va., police is just one example of why homeowners nationwide should use caution when hiring people to do odd jobs around their properties. Source: L.A. Times - Business | 9 Aug 2009 | 1:00 am Public transit in Los Angeles and nationwideRe: David Lazarus' consumer column, "A tough sell for public transit," Aug. 5:Source: RSS feed - channel BNPaperBusiness | 9 Aug 2009 | 1:00 am Giving kids 'the talk' about moneyThe recession is a perfect time to give children hands-on lessons about how to manage their finances.David Strauss knew he needed to do a better job teaching his children about money, but the layoff notice he received in January gave it a sense of urgency. ¶ "It made the discussions a lot more real," said Strauss, 43, a Boston-based radio station manager. ¶ Knowing that the downsizing was coming, Strauss had already started talking to 17-year-old Daniel and 12-year-old Alexandra about wants versus needs and discussing how the family expected to cut back. ¶ "The kids are interested in talking about money now," he said. "Daniel is getting his first job. Alexandra is about to have a bat mitzvah. It's pertinent to what's going on in their lives." ¶ The Strauss family is indicative of a trend that's sweeping the country. Whether by want or necessity, parents are taking greater pains to teach their children about such topics as budgeting and investing. ¶ Nearly half of parents said they were using the recession as a catalyst to talk about money to their children, according to a recent survey by T. Rowe Price Group Inc. ¶ "When things are going along fine, you just don't have to think about this," said Karyn Hodgens, co-founder of Kidnexions, a Rocklin, Calif., company that offers software to teach children about money. "But because parents' finances are in such a state, they're coming to the conclusion that now would be a good time to introduce these concepts to their kids." ¶ Experts agree that the recession is an ideal time -- a perfect teachable moment -- to help children learn how to handle money. But parents still say they're flummoxed about what to teach and how to teach it. Source: L.A. Times - Business | 9 Aug 2009 | 1:00 am Healthcare debate framed by fear-mongering adsHow did the healthcare reform debate -- arguably the country's most important policy discussion in decades -- turn into such a miserable cesspool of scheming and disinformation?Source: L.A. Times - Business | 9 Aug 2009 | 1:00 am Platinum Equity is said to bid for Boston GlobeThe Beverly Hills investment firm, which recently bought the San Diego Union-Tribune, joins two Boston-area groups that have submitted offers for the newspaper, reports say. ...Source: RSS feed - channel BNPaperBusiness | 9 Aug 2009 | 1:00 am FICO scores are the credit reports that mortgage lenders useAlso: Consider filing for bankruptcy before you tap retirement funds early, and it's getting even less fun to carry a credit card balance.Dear Liz: I began paying down my debt six months ago and have paid off $10,000 so far. I subscribed to a credit score tracking system through a free offer and was told my credit score was in the 670 range most of the time. When I applied for a mortgage loan recently, however, the bank told me my middle score was only 612. One credit bureau said my score was just 590! How is this possible? Source: L.A. Times - Business | 9 Aug 2009 | 1:00 am How to avoid being ripped off by phony contractorsFirst and foremost, never hire someone whose office is the cab of a truck and who knocks on your door without being invited. ...Source: RSS feed - channel BNPaperBusiness | 9 Aug 2009 | 1:00 am Public transit in Los Angeles and nationwideRe: David Lazarus' consumer column, "A tough sell for public transit," Aug. 5:Source: L.A. Times - Business | 9 Aug 2009 | 1:00 am Holiday spending: One-third in survey plan to spend lessSHOPPINGSource: RSS feed - channel BNPaperBusiness | 9 Aug 2009 | 1:00 am Giving kids 'the talk' about moneyThe recession is a perfect time to give children hands-on lessons about how to manage their finances. David Strauss...Source: RSS feed - channel BNPaperBusiness | 9 Aug 2009 | 1:00 am FICO scores are the credit reports that mortgage lenders useAlso: Consider filing for bankruptcy before you tap retirement funds early, and it's getting even less fun to carry a credit card balance. ...Source: RSS feed - channel BNPaperBusiness | 9 Aug 2009 | 1:00 am First-time home buyer tax credit faces increased IRS scrutinyThe two versions of the credit have helped stimulate home sales nationwide. But they've also become temptations for dishonest taxpayers to claim bogus refunds. ...Source: RSS feed - channel BNPaperBusiness | 9 Aug 2009 | 1:00 am China secrets agency says Rio spied for 6 years (Reuters)
Source: Yahoo! News: Business | 9 Aug 2009 | 12:51 am US banks still in tight straits despite profitsUS banks, at the center of the global economic crisis, reported robust earnings for the second quarter of 2009 even though many -- especially smaller banks -- remain in tight straits,...Source: RSS feed - channel BNewsBusiness | 8 Aug 2009 | 11:27 pm China secrets watchdog says Rio spied for six yearsBEIJING (Reuters) - A journal issued by China's state secrets watchdog has accused the mining multinational Rio Tinto of commercial spying over six years, saying data found on Rio computersSource: RSS feed - channel BNewsBusiness | 8 Aug 2009 | 11:17 pm SKorean steelmaker opens Mexico plantSouth Korea's largest steelmaker POSCO has opened its first overseas automobile sheet plant in Mexico to meet growing demand from carmakers in North America, officials said on Sunday. ...Source: RSS feed - channel BNewsBusiness | 8 Aug 2009 | 10:47 pm AUGUST 9, 2008 (Saturday): Georgian Conflict Heats Up; Bernie Mac DiesComedian Bernie Mac DiesComedian Bernie Mac, who starred in films such as “Ocean's Eleven,” “Charlie's Angels: Full Throttle” and “Transformers,” died early today due to complications from pneumonia, his publicist said. He was 50. (For more on this news, click here.) Edwards’ Ex-Mistress: Won’t Submit to DNA TestNot now. Not ever. That’s when John Edwards' ex-mistress Rielle Hunter says she will submit her daughter for a paternity test. "Rielle is a private individual. She is not running for public office. She wishes to maintain her privacy and her daughter's privacy," her lawyer, Robert Gordon, says in a statement today. "Rielle will not participate in DNA testing or any other invasion of her or her daughter's privacy now or in the future." (For more on this news, click here.) Russia Broadens Bombing of GeorgiaEconomic news takes a back seat to the rapidly escalating conflict between Russia and the former Soviet republic of Georgia. Russia today prepared to land troops on the disputed coastal territory of Abkhazia and broadened a bombing campaign across Georgia. (For more on this news, click here.) SMARTMONEY ® Layout and look and feel of SmartMoney.com are trademarks of SmartMoney, a joint venture between Dow Jones & Company, Inc. and Hearst SM Partnership. © 1995 - 2009 SmartMoney. All Rights Reserved. Source: SmartMoney.com | 8 Aug 2009 | 10:00 pm 9 die after small plane, copter crash over HudsonNine people die after a small airplane and a tourist helicopter with five Italians aboard collide in midair over the Hudson River within eyesight of ManhattanSource: MarketWatch.com - Top Stories | 8 Aug 2009 | 9:23 pm Paulson, Goldman CEO spoke often in heat of crisis (Reuters)Reuters - Former U.S. Treasury Secretary Henry Paulson talked often to the head of Goldman Sachs at the height of the credit crisis but did not actively seek to help the bank he once ran, a spokeswoman for Paulson said on Saturday.Source: Yahoo! News: Business | 8 Aug 2009 | 8:24 pm Paulson, Goldman CEO spoke often in heat of crisisWASHINGTON/CHICAGO (Reuters) - Former U.S. Treasury Secretary Henry Paulson talked often to the head of Goldman Sachs at the height of the credit crisis but did not actively seek to help the bank he once ran, a spokeswoman for Paulson said on Saturday.Source: Reuters: Business News | 8 Aug 2009 | 8:24 pm "Dancing with Stars" role for Paula Abdul?PASADENA, Calif. Aug 8 (Reuters) - Paula Abdul may be out of a job on "American Idol" but she could soon be dancing with the stars on rival TV network ABC.Source: RSS feed - channel BNewsBusiness | 8 Aug 2009 | 6:39 pm GM bidder pledges to keep VauxhallTHE Belgian group vying to buy Vauxhall said it has no plans to close the car firm’s two manufacturing plants in Britain and is committed to the Vauxhall brand.Source: Latest Business News from Times Online | 8 Aug 2009 | 6:00 pm Talks break down on secret £2bn Friends dealSECRET attempts to resurrect a £2.2 billion merger between Friends Provident and Clive Cowdery’s Resolution fell apart last night.Source: Latest Business News from Times Online | 8 Aug 2009 | 6:00 pm I’m in a dirty old business but I try“No Thanks. I’ll take the train,” said Sir Richard Branson, turning down the offer of a limousine as he arrived at Shanghai airport. It was the best he could do after flying for 12 hours from London on a Virgin Atlantic jet to talk to Shanghai’s mayor about green business. But, even as an environmental gesture, it soon seemed futile.Source: Latest Business News from Times Online | 8 Aug 2009 | 6:00 pm Bernard Madoff aide is to plead guiltyBERNARD MADOFF’s right-hand man will plead guilty this week to criminal charges linked to his role in the $65 billion (£40 billion) Ponzi scheme orchestrated by the convicted fraudster.Source: Latest Business News from Times Online | 8 Aug 2009 | 6:00 pm Pru payout will spur on the marketPRUDENTIAL is poised to raise its dividend this week in a defiant move that could give further impetus to the summer stock market rally.Source: Latest Business News from Times Online | 8 Aug 2009 | 6:00 pm Two years of pain and mega bonuses are backToday is the second anniversary of the start of the credit crunch. Adam Applegarth, the disgarced former chief executive of Northern Rock, memorably said August 9, 2007, was the day “when the world changed”.Source: Latest Business News from Times Online | 8 Aug 2009 | 6:00 pm Bank warning on growthTHE Bank of England will this week downgrade its growth forecast for the year, pushing it even further below chancellor Alistair Darling’s prediction of a 3.5% contraction, and predict that inflation will remain low for the next two to three years.Source: Latest Business News from Times Online | 8 Aug 2009 | 6:00 pm Guardian lost £24m in bungled currency tradingGUARDIAN MEDIA GROUP, the owner of the Guardian and Observer newspapers, lost £24m last year on botched currency trading as it tried to protect hedge-fund investments.Source: Latest Business News from Times Online | 8 Aug 2009 | 6:00 pm Taylor Wimpey’s Peter Redfern is home and dryPerhaps the biggest surprise of this recession is not how many large businesses have gone down, but how few. In the case of Taylor Wimpey, Britain’s biggest housebuilder in terms of revenue, it certainly teetered. And as its losses and debts piled up, its young chief executive, Peter Redfern, looked to be toast.Source: Latest Business News from Times Online | 8 Aug 2009 | 6:00 pm Bank’s easing clips the wings of rising poundSo there we were, celebrating the fact that Britain’s recession was over bar the shouting, a fact endorsed by sterling’s climb to $1.70, its highest level against the dollar since October.$Source: Latest Business News from Times Online | 8 Aug 2009 | 6:00 pm $97k to break fixed mortgageA homeowner with written assurance from his bank that he would pay just three months' penalty interest to break his fixed mortgage has been slapped with a demand for nearly $100,000 - a 500 per cent increase on what he expected. Westpac...Source: New Zealand Herald - Business | 8 Aug 2009 | 5:00 pm Equity market upturn puts flotations back on the menuBack in November 2007 Sir Richard Branson appointed Goldman Sachs the US investment bank to lead a flotation of the Virgin gym business. Some 21 months later Sir Richard is still waiting.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 8 Aug 2009 | 3:38 pm SFO to reveal decision on MG Rover investigationThe Serious Fraud Office is to announce on Tuesday whether it will launch a full investigation into the collapse of car maker MG Rover.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 8 Aug 2009 | 3:09 pm Bank mortgage lending falls by nearly £40bnBritish banks dramatically scaled back new mortgage lending in the first half of the year issuing little more than half the sum they lent in the same period a year earlier.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 8 Aug 2009 | 3:01 pm Media Square denounces its largest shareholderMarketing group chaired by Roger Parry attacks its largest shareholder accusing him of being "eccentric hostile and aggressive".Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 8 Aug 2009 | 3:01 pm Sir David Jones and Chris Ronnie's secret plan to take JJB Sports privateExecutive chairman of JJB was working on a secret plan to take the sportswear retailer private with Chris Ronnie the former chief executive who he sacked.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 8 Aug 2009 | 3:01 pm IMF puts total cost of crisis at £7.1 trillionThe cost of mopping up after the world financial crisis has come to £7.12 trillion ? enough to finance a £1779 handout for every person on the planet.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 8 Aug 2009 | 3:01 pm Royal Berkshire Shooting School approached over £10m saleRoyal Berkshire Shooting School the country pursuits and clothing company at which Kate Middleton once worked could be sold in a £10m deal after the owners received approaches for the business.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 8 Aug 2009 | 3:01 pm Sir Richard Branson to fight BAAmerican Airlines tieup plan in US CongressSir Richard Branson will appear in the US House of Representatives in his fight against the proposed tieup of British Airways and American Airlines.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 8 Aug 2009 | 3:01 pm Resolution and Friends Provident in fresh takeover talksA deal between Resolution and Friends Provident the insurer was moving closer last night with the two sides deep into a new round of talks and attempting to finalise the value of a deal.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 8 Aug 2009 | 3:01 pm Paul Sweeny hired as Vertex chief executiveThe multinational outsourcing firm Vertex has recruited Paul Sweeny global managing director at IBM Financial Services as its new chief executive.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 8 Aug 2009 | 2:39 pm China Education Alliance Announces Conference Call to Discuss Second Quarter 2009 Financial ResultsHARBIN, China, Aug. 8 /PRNewswire-Asia-FirstCall/ -- China Education Alliance, Inc. (NYSE Amex: CEU) will hold a conference call August 12th to discuss financial results for theSource: RSS feed - channel BNewsBusiness | 8 Aug 2009 | 1:34 pm New Urban Eco-Friendly For Sale Community TLofts Opens With 13 Sales Recorded to Date Despite Challenging Economic TimesLOS ANGELES, Aug. 8 /PRNewswire/ -- Los Angeles-based builder Lee Homes, Inc. and institutional urban development investor CityView today announced the grand opening of TLofts, aSource: RSS feed - channel BNewsBusiness | 8 Aug 2009 | 1:00 pm As 'cash for clunkers' ramps up, new cars sell outThe nation's car dealers have a new worry: they're running out of vehicles. As the "cash-for-clunkers" program reaches its next chapter, and consumers pour into showrooms, some dealers...Source: RSS feed - channel BNewsBusiness | 8 Aug 2009 | 12:53 pm Poland moots sell-down of KGHM stakePoland is considering selling 10 percent of its stake in KGHM group, Europe's biggest copper producer, in the coming year, an economic adviser to Prime Minster Donald Tusk said Saturday.Source: RSS feed - channel BNewsBusiness | 8 Aug 2009 | 12:38 pm Sonia Sotomayor sworn in as Supreme Court justiceSonia Sotomayor sworn in as a U.S. Supreme Court justice, becoming the first Latina to sit on the nation's highest court.Source: MarketWatch.com - Top Stories | 8 Aug 2009 | 12:00 pm U.S. bank failures rise to 72 in 2009Regulators on Friday shut three banks in Florida and Oregon, bringing the number of U.S. bank failures to 72 for the year.Source: MarketWatch.com - Top Stories | 8 Aug 2009 | 11:05 am Monsanto rounds up support, dissent for Idaho mineAs it races to replenish phosphate supplies for its weed-killing cash machine Roundup, Monsanto Co. insists its history of polluting southeastern Idaho's high country shouldn't prevent it...Source: RSS feed - channel BNewsBusiness | 8 Aug 2009 | 11:01 am Fighting erupts between Taliban rivalsA fellow commander in the Pakistani Taliban insisted that Baitullah Mehsud, the movement’s leader, was alive, the BBC reported, rejecting government claims he had been eliminated in a US drone strikeSource: Financial Times - US homepage | 8 Aug 2009 | 10:54 am Opening day: 'G.I. Joe' headed for $60-million weekendSource: L.A. Times - Business | 8 Aug 2009 | 10:52 am Sotomayor sworn in as US Supreme Court justiceJudge Sonia Sotomayor was sworn in as the first Hispanic associate justice on the US Supreme CourtSource: Financial Times - US homepage | 8 Aug 2009 | 10:49 am Magna, GM make progress, no deal on Opel: unions (Reuters)Reuters - Chief executives of General Motors and autoparts maker Magna made some progress in Friday talks on the sale of GM's Opel unit, but key barriers remain, Opel's top labor leader and board member said on Saturday.Source: Yahoo! News: Business | 8 Aug 2009 | 10:04 am Magna, GM make progress, no deal on Opel: unionsFRANKFURT (Reuters) - Chief executives of General Motors and autoparts maker Magna made some progress in Friday talks on the sale of GM's Opel unit, but key barriers remain, Opel's top labor leader and board member said on Saturday.Source: Reuters: Business News | 8 Aug 2009 | 10:04 am Obama seeks to dispel health reform 'rumors'President Barack Obama used his regular Saturday address to dispel what he said were rumors about his health-care reform goals.Source: MarketWatch.com - Top Stories | 8 Aug 2009 | 10:01 am Tips to get top house pricesAfter a tumultuous 18 months, the real estate market seems to be shaking off some of its malaise. Prices are showing signs of stability and sales volumes are increasing. But although confidence is growing, prices are still down...Source: New Zealand Herald - Business | 8 Aug 2009 | 10:00 am Martin Hawes : Savvy investors buy businesses, not sharesI returned to buying shares in April. I haven't bought many (I am still quite cautious) but that typical post-crash bounce has happened and I have made very good gains. Some of us who have been buying over the past few months are...Source: New Zealand Herald - Business | 8 Aug 2009 | 10:00 am Insurance complaints soar as times get toughComplaints against insurance companies are surging as the economic climate prompts consumers to take out more income protection insurance - mistakenly thinking they've bought redundancy cover. Complaints have soared 20 per cent...Source: New Zealand Herald - Business | 8 Aug 2009 | 10:00 am City romance comes to an endBuyer demographics for inner-city apartments have shifted from house-hunters wanting to live in walking distance to cafes and galleries, to investors hunting yield. Bayleys residential sales manager, Rachel Dovey, says 16 months...Source: New Zealand Herald - Business | 8 Aug 2009 | 10:00 am Homeowner's despair at delayHomeowner David Gordon complained to the Banking Ombudsman in February when his break fee dispute with Westpac became deadlocked. But he's still waiting for a decision as the Ombudsman's office grapples with a backlog of work. Gordon...Source: New Zealand Herald - Business | 8 Aug 2009 | 10:00 am Is NZ a no-win-nation?Former England hero Gary Lineker took just one line to summarise precisely what happens at football World Cups. "Two teams play for 90 minutes and at the end, the Germans win." From an English perspective he was right. The Germans...Source: New Zealand Herald - Business | 8 Aug 2009 | 10:00 am Shopping fuel for thoughtFuel discount vouchers from major supermarkets may not be giving you the bargain you think. A Herald on Sunday survey has revealed that even after factoring-in the price reduction you could save more on your groceries by shopping...Source: New Zealand Herald - Business | 8 Aug 2009 | 10:00 am Anthony Doesburg: Robot invasion is good news for farmersKnife-wielding robots with x-ray vision are invading the meat-processing industry. But far from posing a threat to humans, the machines have the potential to save the industry tens of millions of dollars. For a business at the...Source: New Zealand Herald - Business | 8 Aug 2009 | 9:55 am 'Big changes' could be on the way for our financial bureaucratsIf burglars nick the contents of your house, you're likely to call the police - if only because your insurance company requires it. But when it is your savings that disappear, whom do you turn to? For many Kiwis there is no easy...Source: New Zealand Herald - Business | 8 Aug 2009 | 9:55 am The Unusual Suspects (MS, GENZ, SPPI, CBST, DNDN, OPXA, BRK-A, FRED, GSIC, AMAT, WMT, LEAP, PCS)We have some very unusual developments that came late in the week that we want you to keep on your watch lists for the coming week. We also included the big events coming down the pipe for next week. Morgan Stanley (NYSE: MS) is of ongoing interest. Genzyme Corp. (NASDAQ: GENZ), Spectrum Pharmaceuticals, Inc. (NASDAQ: [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]] Source: 24/7 Wall Street | 8 Aug 2009 | 9:47 am It's still cool to be cheapWill this newfound culture of thrift soon be a distant memory?Source: Business and financial news - CNNMoney.com | 8 Aug 2009 | 8:55 am Iran charges dozens with helping Western plotAn Iranian court charged a French woman, two Iranians working for the British and French embassies in Tehran and dozens of others with spying and aiding a Western plot to overthrow the system of clerical ruleSource: Financial Times - US homepage | 8 Aug 2009 | 8:36 am Buy foreclosures now, before it's too lateYou've heard of speed dating? It's got nothin' on foreclosure buying these days. In many places, anyone who wants to buy a foreclosure better act fast, or they're going to come away with bupkus.Source: Business and financial news - CNNMoney.com | 8 Aug 2009 | 7:52 am The terrors of CraigslistSource: Business and financial news - CNNMoney.com | 8 Aug 2009 | 7:51 am Hunger hits DetroitOn a side street in an old industrial neighborhood, a delivery man stacks a dolly of goods outside a store. Ten feet away stands another man clad in military fatigues, combat boots and what appears to be a flak jacket. He looks straight out of Baghdad. But this isn't Iraq. It's southeast Detroit, and he's there to guard the groceries.Source: Business and financial news - CNNMoney.com | 8 Aug 2009 | 7:43 am Million dollar homes miss the recoverySource: Business and financial news - CNNMoney.com | 8 Aug 2009 | 7:40 am Obama's agenda: Taxes, not just health carePresident Obama's fall agenda has grown larger as some of the biggest decisions -- and fights -- over health care reform have been punted to September ... at the earliest.Source: Business and financial news - CNNMoney.com | 8 Aug 2009 | 7:39 am Happier at work: 6 waysWith widespread job cuts and a recession to deal with, it's not easy to maintain a positive outlook at work these days. But being upbeat, despite the stress, could actually help you thrive during a downturn.Source: Business and financial news - CNNMoney.com | 8 Aug 2009 | 7:36 am Banks line up for more moneyFor some banks, the grim reality is that another dose of TARP may be their best shot at salvation.Source: Business and financial news - CNNMoney.com | 8 Aug 2009 | 7:32 am Coming out of retirement at 65Forget lazy days rocking on a creaky porch swing, these days working is the new retirement.Source: Business and financial news - CNNMoney.com | 8 Aug 2009 | 7:27 am Google and Apple's hiring shenanigansSource: Business and financial news - CNNMoney.com | 8 Aug 2009 | 6:35 am Top Ten: MarketWatch's top stories of the week, Aug. 3-7Well that's it then. Recession's over. Oh wait.Source: MarketWatch.com - Top Stories | 8 Aug 2009 | 6:25 am ALL BUSINESS: How tough is the SEC? (AP)
Source: Yahoo! News: Stock Markets News | 8 Aug 2009 | 6:20 am 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 Aug. 3-7:Source: MarketWatch.com - Top Stories | 8 Aug 2009 | 6:01 am Administration Wants To Raise $12.1 Trillion National Debt CeilingThe Administration has a bit of a problem. The cap on the national debt, which must be approved by Congress, is $12.1 trillion. The Treasury is borrowing money so fast to fund the stimulus and budget deficits, that it will push up against the level in about two months. With many members of Congress against the [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]] Source: 24/7 Wall Street | 8 Aug 2009 | 5:21 am Pension age 'could rise further'The UK state retirement age is likely to rise higher than the current planned increase to 68, the pensions regulator says.Source: BBC News | Business | World Edition | 8 Aug 2009 | 5:08 am Auto Review: 2009 Porsche 911 Carrera 4: Pushing all buttonsNo one can drive the tested base Carrera 4 without marveling at how Porsche can take this basic design and upgrade it over the years so effectively. They know what touches the buttons of any sports-car lover and know how to push then most effectively.Source: MarketWatch.com - Top Stories | 8 Aug 2009 | 4:01 am You may be better off waiting to trade in old carThe cash-for-clunkers program has been so successful at spurring owners of older models to trade in for new cars that many of them may be unwittingly costing themselves money, auto analysts say.Source: MarketWatch.com - Top Stories | 8 Aug 2009 | 4:01 am Charges prepared for Madoff lieutenantThe investigation into Bernard Madoff’s giant $65bn Ponzi scheme advanced as federal prosecutors prepared to file criminal charges against Frank DiPascali, one of his senior lieutenants.Source: Financial Times - US homepage | 8 Aug 2009 | 3:36 am Stocks' rally hinges on consumers and Fed (Reuters)
Source: Yahoo! News: Stock Markets News | 8 Aug 2009 | 3:33 am Stocks' rally hinges on consumers and FedNEW YORK (Reuters) - Wall Street's rally could persist next week as investors' conviction grows that the U.S. economy is on track for a recovery. But retailers' results, CPI and other consumer data could cast a pall if shoppers fail to show signs of life.Source: Reuters: Business News | 8 Aug 2009 | 3:33 am
|