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Boss boycottHow comments from a boss led to a customer backlashSource: BBC News | Business | World Edition | 23 Aug 2009 | 3:32 am GM decision on Opel buyer urgently needed: MerkelBERLIN (Reuters) - German Chancellor Angela Merkel expressed her regret at General Motors' failure to choose a buyer for its German unit Opel, and said that a decision was "urgently" neededSource: RSS feed - channel BNewsBusiness | 23 Aug 2009 | 3:26 am GM decision on Opel buyer urgently needed: MerkelBERLIN (Reuters) - German Chancellor Angela Merkel expressed her regret at General Motors' failure to choose a buyer for its German unit Opel, and said that a decision was "urgently" needed for the carmaker's future.Source: Reuters: Business News | 23 Aug 2009 | 3:26 am GM decision on Opel buyer urgently needed: Merkel (Reuters)
Source: Yahoo! News: Business | 23 Aug 2009 | 3:26 am Merkel hopes for Opel decision 'next week'German Chancellor Angela Merkel is calling for General Motors to decide next week who will take over its European unit Opel, in an interview to be telecast on Sunday. "I regret that...Source: RSS feed - channel BNewsBusiness | 23 Aug 2009 | 2:37 am UPDATE 1-Australian oil well to gush for nearly two monthsSYDNEY, Aug 23 (Reuters) - A leaking Australian oil well is likely to pour oil into the Timor Sea for nearly two months before it can be stopped, the operator said on Sunday, as environmentalists expressed...Source: RSS feed - channel BNewsBusiness | 23 Aug 2009 | 2:35 am Qantas blame LA and London routes for profit nosediveAustralian flag-carrier Qantas on Sunday blamed flagging demand on its key London and Los Angeles routes for an 88 percent drop in annual net profit. Chief executive Alan Joyce said the...Source: RSS feed - channel BNewsBusiness | 23 Aug 2009 | 1:20 am What to do if your mortgage is sold to another lenderThe practice is very common, and such transfers normally take place without a hitch. But you need to make sure the rightful loan servicer receives your payments.It's the mortgage market's equivalent of a Dear John letter: "Goodbye. We've sold your loan to another lender." Source: L.A. Times - Business | 23 Aug 2009 | 1:00 am Classic car auto insurance is cheaper than enthusiasts may thinkIt seems counterintuitive for a classic car policy to cost less than a traditional one, but the reason is simple: Collectible cars are pampered.Got a classic car, like a 1960s-era Mustang or a gull-wing Mercedes? You could be paying too much to insure it. Source: L.A. Times - Business | 23 Aug 2009 | 1:00 am The time was ripe for a wine clubPaul Kalemkiarian Sr. started what he describes as the first Wine of the Month Club in 1972, when consumers were less knowledgeable about wine. Numerous others have copied the format.The gig: Plug in "wine of the month club" and you'll come up with thousands of search-engine hits. But the folks who say they started the trend operate out of a 15,000-square-foot office-warehouse off the 210 Freeway in Monrovia. And despite massive changes in the global wine industry since the club's founding in 1972, the Wine of the Month Club still follows the same basic model: Two wines a month -- one white, one red -- selected by the club and delivered for a fee. Source: L.A. Times - Business | 23 Aug 2009 | 1:00 am Got a complaint against BofA? You're on your ownConsumer advocates have long maintained that one of the more unfair practices in the business world is a provision in many service contracts preventing customers from joining class-action lawsuits and having to submit instead to binding arbitration to settle disputes.Source: L.A. Times - Business | 23 Aug 2009 | 1:00 am Bellflower couple aren't ready to retire, but he's lost his jobJack and Susan Eade wonder whether her income alone will get them through old age, particularly given ongoing medical expenses. Financial planner Delia Fernandez suggests moves to put them on track. ...Source: RSS feed - channel BNPaperBusiness | 23 Aug 2009 | 1:00 am Private contemporary in Hollywood HillsA family teamed up to develop and design the home, whose crowning glory is the rooftop panoramic view stretching from downtown L.A. to the J. Paul Getty Museum and the Pacific Ocean on a clear day. ...Source: RSS feed - channel BNPaperBusiness | 23 Aug 2009 | 1:00 am Bellflower couple aren't ready to retire, but he's lost his jobJack and Susan Eade wonder whether her income alone will get them through old age, particularly given ongoing medical expenses. Financial planner Delia Fernandez suggests moves to put them on track.Jack Eade is too old to start over and too young for the retirement that was forced on him in the spring. Source: L.A. Times - Business | 23 Aug 2009 | 1:00 am Private contemporary in Hollywood HillsA family teamed up to develop and design the home, whose crowning glory is the rooftop panoramic view stretching from downtown L.A. to the J. Paul Getty Museum and the Pacific Ocean on a clear day.When it came to transforming a 1940s bungalow into a glamorous Hollywood Hills residence, the Leighs made it a family affair. Source: L.A. Times - Business | 23 Aug 2009 | 1:00 am Lobbying intensifies to extend first-time home buyer tax creditTrade groups for real estate agents and home builders are pressuring Congress to continue and even broaden the $8,000 credit, which is scheduled to expire Nov. 30.It's one of the biggest unknowns bugging would-be buyers of houses and condos this summer: Will Congress let the $8,000 nonrepayable tax credit for first-time purchasers expire as scheduled 14 weeks from now? Source: L.A. Times - Business | 23 Aug 2009 | 1:00 am What happens to your 401(k) account if you lose your job?You may be allowed to leave the money in your former employer's plans even if you leave. But if you're required to move the money, it should transferred directly to an IRA custodian.Dear Liz: I lost my job this year. I think I will soon be expected to take the money that was in my 401(k) account -- nearly $70,000 -- and put it elsewhere. I know I need to be sure the check is not payable to me personally, and I think I need a custodian (is that the right word?), which I think would be a bank. I don't have a clue how to proceed or even to investigate my options. Source: L.A. Times - Business | 23 Aug 2009 | 1:00 am Cleaning up at the ports of Los Angeles and Long BeachThe friendly rivals are attracting, testing and funding cutting-edge technology to reduce emissions and fuel consumption.The ports of Los Angeles and Long Beach are so busy that they move more cargo than the next five largest U.S. ports combined. They're so efficient that they process more international trade in one month than most North American harbors handle in an entire year. Source: L.A. Times - Business | 23 Aug 2009 | 1:00 am Cleaning up at the ports of Los Angeles and Long BeachThe friendly rivals are attracting, testing and funding cutting-edge technology to reduce emissions and fuel consumption. ...Source: RSS feed - channel BNPaperBusiness | 23 Aug 2009 | 1:00 am What to do if your mortgage is sold to another lenderThe practice is very common, and such transfers normally take place without a hitch. But you need to make sure the rightful loan servicer receives your payments. ...Source: RSS feed - channel BNPaperBusiness | 23 Aug 2009 | 1:00 am Got a complaint against BofA? You're on your ownConsumer advocates have long maintained that one of the more unfair practices in the business world is a provision in many service contracts preventing customers from joining class-action lawsuits and...Source: RSS feed - channel BNPaperBusiness | 23 Aug 2009 | 1:00 am The time was ripe for a wine clubPaul Kalemkiarian Sr. started what he describes as the first Wine of the Month Club in 1972, when consumers were less knowledgeable about wine. Numerous others have copied the format. ...Source: RSS feed - channel BNPaperBusiness | 23 Aug 2009 | 1:00 am Classic car auto insurance is cheaper than enthusiasts may thinkIt seems counterintuitive for a classic car policy to cost less than a traditional one, but the reason is simple: Collectible cars are pampered. ...Source: RSS feed - channel BNPaperBusiness | 23 Aug 2009 | 1:00 am Lobbying intensifies to extend first-time home buyer tax creditTrade groups for real estate agents and home builders are pressuring Congress to continue and even broaden the $8,000 credit, which is scheduled to expire Nov. 30. ...Source: RSS feed - channel BNPaperBusiness | 23 Aug 2009 | 1:00 am What happens to your 401(k) account if you lose your job?You may be allowed to leave the money in your former employer's plans even if you leave. But if you're required to move the money, it should transferred directly to an IRA custodian. ...Source: RSS feed - channel BNPaperBusiness | 23 Aug 2009 | 1:00 am Australia sprays oil slick amid wildlife fearsSYDNEY, Aug 23 (Reuters) - Aircraft sprayed chemicals to break up a large oil slick off Australia's northwestern coast on Sunday as environmentalists expressed fears for rare wildlife from oil gushing...Source: RSS feed - channel BNewsBusiness | 23 Aug 2009 | 12:10 am Swiss size up hole in iconic banking secrecyFor more than 60 years, the Swiss have nurtured banking secrecy to the extent that it has become an unshakeable part of Switzerland's image like chocolate, watches, cowbells and Heidi. ...Source: RSS feed - channel BNewsBusiness | 23 Aug 2009 | 12:01 am Banking shake-up in Nigeria sets off jittersPanic withdrawals by depositors and a thick cloud of uncertainty are shaking Nigeria's financial sector after the sacking of the directors of five key ailing banks, operators and analysts...Source: RSS feed - channel BNewsBusiness | 22 Aug 2009 | 11:20 pm Economic Preview: Small improvements expected in the dataMuch of the economic data to be released in the coming week should show small improvements, consistent with the theory that the economy is leveling out.Source: MarketWatch.com - Top Stories | 22 Aug 2009 | 10:01 pm August 23, 2008 (Saturday): Obama Picks Delaware's Joe Biden as Running MateThe Text Heard ‘Round the WorldIn a 3 a.m. text message sent to supporters, Barack Obama announces his running mate: Sen. Joseph Biden, the Delaware Democrat. Obama and Biden appear together at a rally in Springfield, Illinois at 2 p.m. local time. By choosing Biden, 65, Obama hopes to allay worries about his inexperience in international affairs, seen to be his biggest weakness in his campaign against McCain. Biden has attacked McCain for supporting President George W. Bush's policies, including his belief that the main battle against terrorists is to be fought in Iraq. (For more on this news, click here.) Madonna, Don’t PreachIf nothing else, Madonna is controversial. The singer, 50, kicked off her international "Sticky and Sweet" tour, by insulting the presumptive Republican nominee for president, John McCain. In front of a packed house in Cardiff, Wales’s Millennium Stadium, the Material Girl showed a video that included images of destruction, global warming, Adolf Hitler, Zimbabwe's authoritarian President Robert Mugabe — and U.S. Senator John McCain, reports the Associated Press. Another sequence, shown later, shows slain Beatle John Lennon, followed by climate activist Al Gore, Mahatma Gandhi and Barack Obama. (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 | 22 Aug 2009 | 10:00 pm World economy on rebound, but future uncertainTurnabouts in European and Asian economies, along with recent gains in the U.S., are raising hopes that the worldwide recession is drawing to a close. That's not to say the coast is clear.Source: RSS feed - channel BNewsBusiness | 22 Aug 2009 | 7:19 pm ECB's Trichet warns on complacency as economy healsJACKSON HOLE, Wyoming (Reuters) - European Central Bank President Jean-Claude Trichet warned policy-makers from around the world on Saturday not to forget the lessons of the devastating financial crisis now that the worst has passed.Source: Reuters: Business News | 22 Aug 2009 | 6:29 pm ECB's Trichet warns on complacency as economy heals (Reuters)
Source: Yahoo! News: Business | 22 Aug 2009 | 6:19 pm US puts brake on ‘clunkers’ programmeTomorrow, the US government will end its popular $3 billion $“cash for clunkers” programme, more than two months early, because it is already running out of money.Source: Latest Business News from Times Online | 22 Aug 2009 | 6:00 pm City is slow to forgive the downturn’s big losersThe City is an unforgiving place. If a businessman has been associated with a corporate disaster, the investment community is usually reluctant to see them return to run another company or to sit on a board.Source: Latest Business News from Times Online | 22 Aug 2009 | 6:00 pm Norman Foster gets £500,000 pay rise despite layoffsNorman Foster received a £500,000 pay rise from his architectural practice last year despite the firm laying off about 300 staff and posting an £18m loss.Source: Latest Business News from Times Online | 22 Aug 2009 | 6:00 pm The Andrew Davidson Interview: Sir Victor BlankThe truth is simple, says Sir Victor Blank. “I am stepping down as chairman of Lloyds Banking Group because it is the right thing to do.”Source: Latest Business News from Times Online | 22 Aug 2009 | 6:00 pm The deeper the slump, the bigger the bounceThe past isn’t always a good guide to the future, but nor is it a bad one. It is possible that this recession has been so different that we can’t learn anything about it — or the recovery that follows — by looking at the past: the uncertainty is too great. It is a view I sometimes hear, but not one that I share. All recessions have their own causes and contexts, but they also have a number of similarities. So do the recoveries that follow. One of the most over-used assertions in markets is that it’s different this time. The reality is that it’s different every time, but not completely.Source: Latest Business News from Times Online | 22 Aug 2009 | 6:00 pm BT calls a halt to graduate recruitment schemeBT has become one of the first blue-chip companies to scrap its graduate recruitment scheme, increasing fears of shrinking job opportunities for Britain’s youth.Source: Latest Business News from Times Online | 22 Aug 2009 | 6:00 pm WPP faces second cut in sales forecastAdvertising giant WPP this week faces cutting its annual sales forecast for a second time in four months after suffering a deterioration in trading.Source: Latest Business News from Times Online | 22 Aug 2009 | 6:00 pm Ofgem chairman's £5 meal sparks new expenses stormLord Mogg, the three-day-a-week non-executive chairman of Ofgem, the energy regulator, claimed £35,000 expenses last year, including a £5,360 first-class annual train season ticket, a £5 canteen meal and a subscription to the Financial Times.Source: Latest Business News from Times Online | 22 Aug 2009 | 6:00 pm Tullett Prebon traders in City bonus rowTraders at Tullett Prebon, the City brokerage, are threatening legal action against the firm over unpaid bonuses worth up to £23m.Source: Latest Business News from Times Online | 22 Aug 2009 | 6:00 pm Spinvox widens losses by 30%The troubled technology company Spinvox, which is investigating allegations of financial mismanagement, saw losses grow more than 30% last year.Source: Latest Business News from Times Online | 22 Aug 2009 | 6:00 pm Time to ditch the backup tapeMany businesses use tape backup systems as the final link in the backup chain.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 22 Aug 2009 | 5:09 pm The hell of facing down the Dragons in their DenCarol Savage 43 founder of family recipe website MyDish.co.uk has become the first entrepreneur on Dragons' Den to be offered twice as much money as she had asked for.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 22 Aug 2009 | 5:07 pm Music college a hit as rock star turns teacherNo one knows better than Bruce Dickinson that music is not a oneway ticket to fortune and fame.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 22 Aug 2009 | 5:05 pm ECB's Trichet warns on complacency as economy healsJACKSON HOLE, Wyoming (Reuters) - European Central Bank President Jean-Claude Trichet warned policy-makers from around the world on Saturday not to forget the lessons of the devastating...Source: RSS feed - channel BNewsBusiness | 22 Aug 2009 | 4:59 pm Fed's rate path, inflation aims may clash: economistJACKSON HOLE, Wyoming (Reuters) - The U.S. Federal Reserve's stated intention to keep interest rates exceptionally low for "an extended period" may conflict with its desire to avoid inflation, an academic economist told central bankers on Saturday.Source: Reuters: Business News | 22 Aug 2009 | 4:58 pm Gaddafi meets convicted Lockerbie bomberLibyan leader Muammar Gaddafi embraced the convicted Lockerbie bomber and promised deeper cooperation with Britain in gratitude for his release, as London and Washington condemned his ‘hero’s welcome’ homeSource: Financial Times - US homepage | 22 Aug 2009 | 4:37 pm Abdullah alleges rigging in Afghan pollThe main rival to President Hamid Karzai in Afghanistan’s presidential election accused the government of widespread rigging but said he would use legal means to seek redress and not urge his supporters onto the streetsSource: Financial Times - US homepage | 22 Aug 2009 | 4:36 pm The Fed: At retreat, central bankers say work isn't overThe world's central bankers aren't ready to step away from playing an active role in the global economy as it follows a slow, tenuous path to recovery.Source: MarketWatch.com - Top Stories | 22 Aug 2009 | 4:07 pm Betfair ponders £1.5bn flotation after shareholders call in bankers for talksShareholders in the world's biggest gaming exchange called in bankers to discuss the group's options.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 22 Aug 2009 | 3:54 pm Building societies to check books for 'black holes' after Chelsea buytolet affairBritain's building societies could be forced to conduct individual investigations into their mortgage books to prove they do not have financial "black holes" in the wake of the alleged £41m fraud that rocked Chelsea Building Society last week.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 22 Aug 2009 | 3:18 pm Financial Services Authority gives staff 10pc rise as pension scheme is switchedThe Financial Services Authority has awarded around a fifth of its workforce a 10pc pay rise.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 22 Aug 2009 | 3:16 pm Madoff victims to sue accountants PwC over feeder fund auditsWorld's largest accounting firm is being sued for billions of pounds over its role as auditor to a feeder fund that channelled fortunes to Bernard Madoff.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 22 Aug 2009 | 3:15 pm US's Yucca Mountain nuclear project in meltdownIf James Bond villain Ernst Blofeld is looking for a new secret base some interesting real estate may be about to come on the market.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 22 Aug 2009 | 3:13 pm Industry gallops in with £3m to boost racehorse ownershipThe horse racing industry is injecting £3m into a new scheme designed to stimulate flagging levels of racehorse ownership.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 22 Aug 2009 | 3:11 pm Investors put Bank of England money into banksInvestors have been using large swathes of the £125bn so far poured into the economy by the Bank of England to buy shares and debt in Britain's biggest banks.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 22 Aug 2009 | 3:09 pm Obama hits out against healthcare ‘myths’President Barack Obama came out fighting against what he called the ‘outrageous myths’ circulating about his effort to reform US healthcareSource: Financial Times - US homepage | 22 Aug 2009 | 3:02 pm NewsWatch: Stocks turn to data to fuel further gainsInvestors will seek out more signs in economic reports next week that the global recession is in its last throes.Source: MarketWatch.com - Top Stories | 22 Aug 2009 | 3:00 pm Hurricane Bill heads toward New England beachesA weakened Hurricane Bill heads north, promptintg tropical-storm warnings for popular vacation areas along the Massxachusetts coast.Source: MarketWatch.com - Top Stories | 22 Aug 2009 | 2:43 pm FACTBOX-Canadian energy facilities in Bill's pathAug 22 (Reuters) - Hurricane Bill is moving towards Canada's Atlantic provinces as a major storm, with forecasters expecting to it reach the region on Sunday morning.Source: RSS feed - channel BNewsBusiness | 22 Aug 2009 | 1:42 pm Foreign banks eye U.S.Foreign banks are starting to nibble at America's failed-bank buffet. But don't expect them to clean it out.Source: Business and financial news - CNNMoney.com | 22 Aug 2009 | 12:46 pm 100 Fastest-growing companiesEven amid this economic slump, some companies just keep growing. BlackBerry maker Research in Motion tops Fortune's annual list.Source: Business and financial news - CNNMoney.com | 22 Aug 2009 | 12:42 pm GM fails to reach deal to sell Opel, reports sayGeneral Motors board members fail to reach an agreement on selling the bankrupt automaker's Opel division, clouding a deal that had appeared all but certain just over a week ago.Source: MarketWatch.com - Top Stories | 22 Aug 2009 | 11:14 am Opening day: Box-office victory for 'Inglourious Basterds'The film is off to a strong start, selling a studio-estimated $14.3 million worth of tickets on its opening day in the U.S. and Canada.Source: RSS feed - channel BNPaperBusiness | 22 Aug 2009 | 10:41 am Spain's BBVA expands reach as more U.S. banks failU.S. banking takeovers move in new direction as government sells failed Texas bank tol U.S. subsidiary of a major Spanish bank.Source: MarketWatch.com - Top Stories | 22 Aug 2009 | 10:22 am CFTC moves to rein in small ETF investors: reportCHICAGO (Reuters) - Exchange-traded funds or ETFs have become a top target in U.S. regulators' efforts to rein in excessive speculation in oil and other commodity markets, The Wall Street Journal reported on Saturday.Source: Reuters: Business News | 22 Aug 2009 | 10:18 am CFTC moves to rein in small ETF investors: report (Reuters)Reuters - Exchange-traded funds or ETFs have become a top target in U.S. regulators' efforts to rein in excessive speculation in oil and other commodity markets, The Wall Street Journal reported on Saturday.Source: Yahoo! News: Business | 22 Aug 2009 | 10:18 am Chic in the blink of an eyeSavvy retailers are creating a sales storm by ditching long-term leases to spring up in surprise locations, then close down days later. Not to be confused with clearance shops, the idea behind these "now you see them, now you don't"...Source: New Zealand Herald - Business | 22 Aug 2009 | 10:00 am Martin Hawes : Crystal ball is clouding marketFor the past few years, something has been bugging me about residential property investment. I have long been a fan, but recently something has not been right with the way people have talked and written about it - or the way many...Source: New Zealand Herald - Business | 22 Aug 2009 | 10:00 am New urgency to clear decksDisgruntled bank customers can take heart that the Banking Ombudsman's office has stepped up efforts to clear its complaints backlog. The Herald on Sunday previously reported that the number of cases investigated by the Ombudsman's...Source: New Zealand Herald - Business | 22 Aug 2009 | 10:00 am Matt McCarten: Can 700 Davids beat a corporate Goliath?A classic class battle between Corporate Greed and Organised Labour is under way. On the corporate side we have the giant Telecom determined to maximise its profits and on the workers' side is the Engineering, Printing and Manufacturing...Source: New Zealand Herald - Business | 22 Aug 2009 | 10:00 am 10 things we hate to pay forAs New Zealanders battle through the recession, some charges have gone from being a minor pain to full-blown annoying. Households are struggling, more people are losing jobs, and we're trying to avoid those everyday things that cost...Source: New Zealand Herald - Business | 22 Aug 2009 | 10:00 am Insurer probes Blue Chip loans for fraudBlue Chip loans are being investigated by an American corporation to find out if investors' mortgage loan documents were doctored and therefore unenforceable. A New Zealand private investigation company, working for American insurer...Source: New Zealand Herald - Business | 22 Aug 2009 | 10:00 am NewsWatch: Stocks turn to data to fuel further gainsInvestors will seek out more signs in economic reports next week that the global recession is in its last throes.Source: MarketWatch.com - Top Stories | 22 Aug 2009 | 10:00 am Editorial: The new fitness mantra - push payEveryone loves a bargain. There's nothing so satisfying as paying much less than something is actually worth to you. Conversely, there's nothing quite so galling as seeing the price suddenly and massively hiked. So it's not hard...Source: New Zealand Herald - Business | 22 Aug 2009 | 10:00 am Craig McIvor: If you want your employees to care, give them a shareHow do you get your staff to care about your company as much as you do? One solution may be to invite your best employees to take a share in the business. After all, as one start-up owner describes it: "It's the difference between...Source: New Zealand Herald - Business | 22 Aug 2009 | 9:55 am Anthony Doesburg: Students open to new source of knowledgeIn tight times like these, the argument for the public sector to adopt cost-saving open-source software is stronger than ever. But interestingly, when one of the newest schools in the country went open-source, money wasn't the main...Source: New Zealand Herald - Business | 22 Aug 2009 | 9:55 am Sean D'Souza: Asking questions is the answer to a better articleDO you want to write articles? Do you want to write outstanding articles? Do you want to write outstanding articles, and write them really, really fast? Do you want to avoid slogging over one darned article for three hours? Let's...Source: New Zealand Herald - Business | 22 Aug 2009 | 9:55 am AutoNation ends "cash for clunker" sales early: report (Reuters)Reuters - AutoNation Inc, the largest U.S. chain of auto dealers, decided to end its "cash for clunkers" rebates as of Friday night, three days ahead of the government's Monday deadline, The Wall Street Journal reported.Source: Yahoo! News: Business | 22 Aug 2009 | 9:17 am AutoNation ends "cash for clunker" sales early: reportCHICAGO (Reuters) - AutoNation Inc, the largest U.S. chain of auto dealers, decided to end its "cash for clunkers" rebates as of Friday night, three days ahead of the government's Monday deadline, The Wall Street Journal reported.Source: Reuters: Business News | 22 Aug 2009 | 9:17 am The Unusual Suspects (MELA, FSLR, GENZ, GERN, JEC, SHLD, SIRI, CRM, SPPI)It’s the weekend, and that brings about the review of “the unusual suspects” for strange activity or for being key stocks under review for the week ahead. There are some old hat names here and some new unknown names that will be key. We have Electro-Optical Sciences, Inc. (NASDAQ: MELA), First Solar, Inc. (NASDAQ: FSLR), [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]] Source: 24/7 Wall St. | 22 Aug 2009 | 9:16 am Fed's rate path, inflation aims may clash: economist (Reuters)
Source: Yahoo! News: Business | 22 Aug 2009 | 8:05 am NewsWatch: Guaranty, other banks fail; 2009's tally now at 81Four more banks fail, including Guaranty Bank of Texas with total assets of about $13 billion, pushing this year's tally up to 81.Source: MarketWatch.com - Top Stories | 22 Aug 2009 | 7:00 am iPhone app approval process revealedSource: Business and financial news - CNNMoney.com | 22 Aug 2009 | 6:58 am Stocks spike on recovery hopesStocks surged Friday, with the Dow, Nasdaq and S&P 500 all ending at fresh 2009 highs, after Fed chief Ben Bernanke said the economy is near a recovery and existing home sales posted their biggest jump in two years.Source: Business and financial news - CNNMoney.com | 22 Aug 2009 | 6:49 am Get cheap health insurance! (Stocks)Public options? A co-op? Or how about sticking with the status quo of good old-fashioned private medical insurance plans?Source: Business and financial news - CNNMoney.com | 22 Aug 2009 | 6:44 am $1 billion brands: 'How I did it'Seven star entrepreneurs on how they built global brands like Costco and Re/Max from scratch.Source: Business and financial news - CNNMoney.com | 22 Aug 2009 | 6:40 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. 17-21:Source: MarketWatch.com - Top Stories | 22 Aug 2009 | 6:00 am White House Deficit Estimate To $9 Trillion From $7.1 TrillionThe Administration quickly and fairly quietly raised its budget deficit number for the next ten years to $9 trillion from $7.1 trillion, an astonishing 27% increase. The new estimate is much closer to the number that the Congressional Budget Office posted earlier this year. One of the reasons for the change is that tax receipts are running [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]] Source: 24/7 Wall St. | 22 Aug 2009 | 5:53 am New economic data set to test Wall Street bull run (AFP)
Source: Yahoo! News: Stock Markets News | 22 Aug 2009 | 4:18 am Auto Review: 2010 Camaro turns heads, but interior needs workIn towns and cities, people stopped what they were doing, forgot about their boss, turned their heads and gazed at the sexy redo of the final player in the 2009 Pony Car Wars.Source: MarketWatch.com - Top Stories | 22 Aug 2009 | 4:00 am Large Texas bank shut down by federal regulators (AP)AP - Guaranty Bank became the second-largest U.S. bank to fail this year after the Texas lender was shut down by regulators and most of its operations sold at a loss of billions of dollars for the U.S. government to a major Spanish bank.Source: Yahoo! News: Business | 22 Aug 2009 | 3:19 am
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