World Business News Headlines for October 4, 2009

Aviva's partial flotation of Delta Lloyd

AVIVA is expected to announce tomorrow that it will raise at least £1 billion through a partial flotation of Delta Lloyd, its Dutch insurance division.

Source: Latest Business News from Times Online | 4 Oct 2009 | 3:12 pm

Sir Crispin Davis sets ITV job deadline

SIR CRISPIN DAVIS will meet Sir James Crosby early this week to discuss whether Davis is willing to accept the chairmanship of ITV, one of Britain’s most high-profile boardroom jobs.

Source: Latest Business News from Times Online | 4 Oct 2009 | 3:06 pm

Legoland owner Blackstone in £2bn US splash

THE owner of Legoland and Madame Tussauds waxworks is poised to buy some of America’s best-known visitor attractions including SeaWorld and the Busch Gardens parks in Florida.

Source: Latest Business News from Times Online | 4 Oct 2009 | 2:59 pm

Lloyds banking group to reignite bosses’ bonus row

LLOYDS BANKING GROUP is expected to stir up a fresh outcry over banking bonuses as it draws up plans for a multi-million pound incentive programme for its top managers.

Source: Latest Business News from Times Online | 4 Oct 2009 | 2:55 pm

Long Tall Sally’s lofty US ambitions

FASHION retailer Long Tall Sally is stretching across the Atlantic to acquire the rival Tall Girls brand.

Source: Latest Business News from Times Online | 4 Oct 2009 | 2:47 pm

Alistair Darling to weigh new tax on banks

ALISTAIR Darling has said the Treasury will study proposals from the International Monetary Fund for a tax on banks to provide for poor countries and offer insurance against future financial crises.

Source: Latest Business News from Times Online | 4 Oct 2009 | 2:42 pm

Run nearly broke Royal Bank of Scotland

A SECRET run on Royal Bank of Scotland almost forced the bank into collapse on each of the last four trading days before it was bailed out by the government last October, The Sunday Times can reveal.

Source: Latest Business News from Times Online | 4 Oct 2009 | 2:33 pm

£500m debt rescue for Gala Coral

BOOKMAKER and bingo club giant Gala Coral is in advanced talks on a financial restructuring that will see lenders write off £540m of loans in exchange for a big stake in the business.

Source: Latest Business News from Times Online | 4 Oct 2009 | 2:23 pm

BAE rejected £300m offer from SFO to settle ‘bribery’ case

DIRECTORS of BAE Systems rejected a £300m settlement of a Serious Fraud Office investigation after receiving advice they would leave themselves open to civil lawsuits for a misuse of shareholders’ funds.

Source: Latest Business News from Times Online | 4 Oct 2009 | 2:09 pm

US economic power 'is declining'

The economic power of the US is declining as a result of the financial crisis, says World Bank head Robert Zoellick.
Source: BBC News | Business | World Edition | 4 Oct 2009 | 4:28 am

BRIC demand bigger share of IMF votes (Reuters)

Reuters - The leading emerging BRIC nations maintain their demand for a 7 percent shift in voting power to developing countries at the International Monetary Fund, Brazil's Finance Minister Guido Mantega said on Saturday.
Source: Yahoo! News: Business | 4 Oct 2009 | 4:24 am

California follows note sale with bond sale

California, fresh off its recent sale of $8.8 billion of short-term notes, plans to sell $4.5 billion of tax-exempt and taxable bonds this week, The Wall Street Journal reports.

Source: MarketWatch.com - Top Stories | 4 Oct 2009 | 3:46 am

Itau Unibanco sees overseas expansion in time

ISTANBUL, Oct 4 (Reuters) - Itau Unibanco , Latin America's biggest bank by assets, said it plans to build up overseas once it completes its merger, but that will take at least a year and it's not tempted...
Source: RSS feed - channel BNewsBusiness | 4 Oct 2009 | 2:41 am

Pledge for more IMF help for poor

The British and French announce a $4bn (£2.5bn) measure by the International Monetary Fund to help poorer countries.
Source: BBC News | Business | World Edition | 4 Oct 2009 | 2:22 am

IDB group buys HSBC headquarters in New York

TEL AVIV, Oct 4 (Reuters) - Israel's Koor Industries and Property and Building said on Sunday they had signed a deal to acquire from HSBC the bank's headquarters in Manhattan for $330 million.
Source: RSS feed - channel BNewsBusiness | 4 Oct 2009 | 2:02 am

Scotiabank eyes overseas deals; likes SE Asia

LONDON, Oct 4 (Reuters) - Canada's Bank of Nova Scotia would consider overseas acquisitions to take advantage of its strength during the financial crisis, its chief executive said, saying the Americas...
Source: RSS feed - channel BNewsBusiness | 4 Oct 2009 | 1:55 am

Saudi prince urges U.S. to sell Citigroup stake: report

ISTANBUL (Reuters) - Prince Alwaleed bin Talal, a big investor in Citigroup , urged the U.S. government to sell its stake in the bank as soon as this year to boost investor confidence,...
Source: RSS feed - channel BNewsBusiness | 4 Oct 2009 | 1:55 am

Saudi prince urges U.S. to sell Citigroup stake: report (Reuters)

Reuters - Prince Alwaleed bin Talal, a big investor in Citigroup , urged the U.S. government to sell its stake in the bank as soon as this year to boost investor confidence, Emerging Markets magazine reported.
Source: Yahoo! News: Business | 4 Oct 2009 | 1:55 am

Saudi prince urges U.S. to sell Citigroup stake: report

Source: Reuters: Business News | 4 Oct 2009 | 1:55 am

Balance-transfer deals are getting scarcer

FHA reverse mortgage applicants may be affected by limits on payouts

A policy that went into effect Oct. 1 could prevent more than 1 out of 5 people 62 and older from paying off their existing mortgage debt with the proceeds of a new reverse loan, experts say. ...
Source: RSS feed - channel BNPaperBusiness | 4 Oct 2009 | 1:00 am

Bank's refusal to refinance this couple's loan is astounding

Lending rules that were once catastrophically lenient are now heartlessly strict. One reason we got into our current...
Source: RSS feed - channel BNPaperBusiness | 4 Oct 2009 | 1:00 am

Malpractice litigation limits come at a high cost

Re: Michael Hiltzik's business column "Why tort reform is a frivolous diversion," Oct. 1:

Source: L.A. Times - Business | 4 Oct 2009 | 1:00 am

Hard knocks in direct sales

With jobs scarce, many people are drawn to the likes of Avon, Mary Kay and Herbalife. Newcomers can expect hurdles and surprises.

Amid rising unemployment, more Americans are selling cosmetics, vitamins, kitchen knives and other goods to their friends and neighbors. Or trying to, anyway.

Source: L.A. Times - Business | 4 Oct 2009 | 1:00 am

Using algae to make fuels, he's thinking beyond pond scum

Sapphire Energy CEO Jason Pyle, who has had a hand in start-ups in medical engineering and biotechnology, now is developing algae-based fuels that have already propelled planes and a car.

The gig : Chief executive of Sapphire Energy Inc., a San Diego biofuels company that develops algae-based fuel that has been used experimentally to power airplanes and, recently, a car that was driven across the country. The serial entrepreneur has had a hand in starting several companies in industries including medical engineering and biotechnology.

Source: L.A. Times - Business | 4 Oct 2009 | 1:00 am

Too many palatial homes, too few princely buyers

As spec mansions lie unsold across Southern California, stressed sellers may deflate the housing market's high end by lowering their prices. ...
Source: RSS feed - channel BNPaperBusiness | 4 Oct 2009 | 1:00 am

Legal battles over real estate transactions increase

A survey by the National Assn. of Realtors shows that disputes over disclosure of a property's condition are the most common cause of lawsuits. ...
Source: RSS feed - channel BNPaperBusiness | 4 Oct 2009 | 1:00 am

Malpractice litigation limits come at a high cost

Re: Michael Hiltzik's business column "Why tort reform is a frivolous diversion," Oct. 1:
Source: RSS feed - channel BNPaperBusiness | 4 Oct 2009 | 1:00 am

Microsoft hopes Windows 7 makes you forget about Vista

The new operating system is more consumer friendly and includes several upgrades, including a lightning-fast search function.

Microsoft Corp.'s new Windows 7 computer operating system hopes to pull off a major trick with memory.

Source: L.A. Times - Business | 4 Oct 2009 | 1:00 am

Microsoft hopes Windows 7 makes you forget about Vista

The new operating system is more consumer friendly and includes several upgrades, including a lightning-fast search function. ...
Source: RSS feed - channel BNPaperBusiness | 4 Oct 2009 | 1:00 am

How to tap retirement assets early with a minimal tax bite

Penalties can take more than 10% from a payout. There are several ways to get at least part of your retirement money out without penalties, but professional help may be warranted to avoid missteps.

Unemployed and strapped for cash?

Source: L.A. Times - Business | 4 Oct 2009 | 1:00 am

Using algae to make fuels, he's thinking beyond pond scum

Bank's refusal to refinance this couple's loan is astounding

Lending rules that were once catastrophically lenient are now heartlessly strict.

One reason we got into our current economic mess is because banks handed out home loans to pretty much anyone with a pulse, regardless of their ability to, you know, actually make mortgage payments.

Source: L.A. Times - Business | 4 Oct 2009 | 1:00 am

How to tap retirement assets early with a minimal tax bite

Balance-transfer deals are getting scarcer

Dear Liz: Can we really trust the banks anymore to adhere to the terms they offer us? I liked your suggestion about using low-interest-rate balance-transfer offers to speed up debt repayment. However, one of my credit card issuers has both increased my minimum payments and lowered my limits on my credit card and line-of-credit accounts. When I asked why, they said, "Because we can." So when they send me a set of balance-transfer checks with a 1.99% interest rate, I don't trust them to keep their word. Now I am just concentrating on paying off the balance as soon as possible and will keep the card only for emergency use.

Source: L.A. Times - Business | 4 Oct 2009 | 1:00 am

FHA reverse mortgage applicants may be affected by limits on payouts

A policy that went into effect Oct. 1 could prevent more than 1 out of 5 people 62 and older from paying off their existing mortgage debt with the proceeds of a new reverse loan, experts say.

Declining home values have put a serious squeeze on the Federal Housing Administration's reverse mortgage program for seniors 62 and older.

Source: L.A. Times - Business | 4 Oct 2009 | 1:00 am

Board is not obligated to disclose legal actions to titleholders

Legal battles over real estate transactions increase

A survey by the National Assn. of Realtors shows that disputes over disclosure of a property's condition are the most common cause of lawsuits.

When it comes to lawsuits, real estate agents and brokers tangle mostly among themselves. But disgruntled buyers or sellers who believe they've been so wronged that they are willing to spend the time and money to take their realty professionals to court bring a fair number of cases.

Source: L.A. Times - Business | 4 Oct 2009 | 1:00 am

Board is not obligated to disclose legal actions to titleholders

Question: A developer is suing both our master and maintenance associations for not allowing new development on vacant lots in our association. Since our monthly assessments are being used to pay legal fees for this lawsuit, does the board of directors have a fiduciary duty to notify the homeowners of the pending legal issues as well as the costs involved? As of this date, no notice has been given to the owners.

Source: L.A. Times - Business | 4 Oct 2009 | 1:00 am

Appalachian tourism efforts hampered by economy

Along the quiet banks of Lake Russell, where bees buzz and grass blows lazily in the wind, Elbert County's top development official envisioned a resort that would bring vacationers' dollars
Source: RSS feed - channel BNewsBusiness | 3 Oct 2009 | 11:04 pm

Eurozone interest rate secured at 1.0 pct: analysts

The eurozone's key interest rate is locked in at a record low of 1.0 percent until the 16-nation economy pulls firmly out of recession, which could take longer than expected, analysts say.
Source: RSS feed - channel BNewsBusiness | 3 Oct 2009 | 11:02 pm

Nervous US retailers brace for critical holiday season (AFP)

AFP - Approaching a holiday shopping season critical to economic recovery, US retailers are bracing for a difficult period with credit still tight and consumer caution lingering.

Source: Yahoo! News: Business | 3 Oct 2009 | 10:05 pm

Paging Dr. Tesla? Automaker to make house calls

Taking a cue from house-call services like Best Buy's Geek Squad, electric carmaker Tesla Motors is launching a maintenance plan where mechanics travel to owners' homes or offices to...
Source: RSS feed - channel BNewsBusiness | 3 Oct 2009 | 10:03 pm

Economic Report: Imports rising again, but it could be temporary

After a flood of mostly downbeat reports in the past week, only a trickle of economic news is scheduled for the coming week.

Source: MarketWatch.com - Top Stories | 3 Oct 2009 | 10:01 pm

Recession's end marks start of states' budget woes

History suggests it could take six or more years for sales and income taxes _ which make up roughly two-thirds of states' revenue _ to return to pre-recession levels. That augurs deeper...
Source: RSS feed - channel BNewsBusiness | 3 Oct 2009 | 10:00 pm

October 4, 2008 (Saturday): European Leaders Meet on Economy; Palin Goes on Attack

Last Tango in Paris

Nicolas Sarkozy rallies the leaders of European countries, including England, Germany, and Italy, in Paris for an impromptu strategy session to keep afloat struggling European banks. The day after the U.S. bailout bill passed, the Europeans agree to prevent bank bankruptcies in their respective countries. But they don’t enact a comprehensive plan like the U.S.’s., meanwhile criticizing the U.S. for creating the crisis in the first place. (For more on this news, click here, here and here.)

Bush Goes Home

For the first time since 2001, President Bush visits his childhood home in Midland, Texas. The visit is intended to raise money for Republican candidates for Congress in the region. (For more on this news, click here, here and here.)

Pulling No Punches

In a sign of a newly aggressive attempt by the McCain campaign to regain the upper hand in the Presidential race, Alaska Gov. Sarah Palin on the trail in Colorado accuses Barack Obama of “palling around” with terrorists, specifically Bill Ayers, a controversial 1960s radical. The new tough approach, including more frequent character attacks and critical commercials about Obama, comes as McCain’s campaign is falling in the polls amid more bad economic news. (For more on this news, click here, here and here.)

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Source: SmartMoney.com | 3 Oct 2009 | 10:00 pm

Critics and rivals slate Britain's favourite 'Auntie'

The BBC risks becoming a victim of its own success, as it faces increasing calls to shrink and its public subsidy comes under growing threat. The BBC, a public service broadcaster set up
Source: RSS feed - channel BNewsBusiness | 3 Oct 2009 | 9:53 pm

Want a job on Wall Street? Good luck

Wall Street's job woes don't appear to be over just yet.
Source: Business and financial news - CNNMoney.com | 3 Oct 2009 | 6:05 pm

47% will pay no federal income tax

Most people think they pay too much to Uncle Sam, but for some people it simply is not true.
Source: Business and financial news - CNNMoney.com | 3 Oct 2009 | 6:02 pm

George Osborne needs to lift the Tory veil

From Brighton to Manchester. The lower reaches of the football league, the old Division Three, to the top of the Premier League. The analogy is not perfect — the Conservatives are losing their way in Europe — but it will do. For the first time in nearly two decades they are holding a pre-election party conference with a reasonable chance they will form the next government.

Source: Latest Business News from Times Online | 3 Oct 2009 | 6:01 pm

Elephant v Dragon

Is India's economy set to grow faster than China's?
Source: BBC News | Business | World Edition | 3 Oct 2009 | 5:24 pm

T. rex still looking for home after Vegas auction

Sampson, a fossilized Tyrannosaurus rex, still needs a home after bidders failed to meet the minimum price at a Las Vegas auction. But Tom Lindgren of Bonhams & Butterfields says the...
Source: RSS feed - channel BNewsBusiness | 3 Oct 2009 | 5:21 pm

Wall Street faces day of reckoning over Bear Stearns

Ralph Cioffi Jnr and Matthew Tannin were once masters of the universe - now they face trial for their role in the collapse of Bear Stearns.
Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 3 Oct 2009 | 4:16 pm

Treasury issues bonus demand to investment banks

The Treasury is to demand that global investment banks which have large operations in London sign up to the same clampdown on bonuses agreed by Britain's lending banks last week.
Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 3 Oct 2009 | 3:09 pm

NewsWatch: U.S. stocks await the earnings cavalry

Investors, who have turned more cautious about the U.S. economy, will turn to next week’s kickoff of earnings season full of hope that market expectations have been taken down enough to help stocks return to their winning ways.

Source: MarketWatch.com - Top Stories | 3 Oct 2009 | 3:00 pm

Rio rings the changes on investment committee

Rio Tinto has broken with its tradition of allowing its chairman to run the mining giant's allimportant investment committee.
Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 3 Oct 2009 | 2:58 pm

BAE Systems ready to admit guilt over corruption allegations

BAE Systems is ready to plead guilty and accept a fine in order to bring a swift end to the SFO's sixyear inquiry into claims of corruption.
Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 3 Oct 2009 | 2:50 pm

Smith & Nephew soured by health care spending cuts

Smith & Nephew watchers will have been keeping a close eye on the US health care debate.
Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 3 Oct 2009 | 2:23 pm

May Gurney may not be sexy but it might just make you rich

May Gurney maintains roads and street lighting it cleans parks takes away our rubbish and manages recycling programmes.
Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 3 Oct 2009 | 2:21 pm

Asos will feel the competition from Tesco

Tesco launched an online clothing store this weekend leaving fashion retailers quaking in their terribly ontrend ankle boots.
Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 3 Oct 2009 | 2:19 pm

Tesco profits hit by economic downturn

The recession's impact on the UK's cutthroat supermarket sector will be laid bare this week when Tesco unveils flat firsthalf profits.
Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 3 Oct 2009 | 2:16 pm

UK litigation over financial misselling is a different ballgame to the US

Historically the English courts have taken a radically different approach to America over allegations of misselling by professional investors.
Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 3 Oct 2009 | 2:09 pm

Ireland votes yes to E.U. reform

Eighteen months after turning down the Lisbon Treaty, Irish voters overwhelmingly have voted in favor of ratifying the agreement that aims to reform decision-making within the European Union.

Source: MarketWatch.com - Top Stories | 3 Oct 2009 | 2:07 pm

Virgin and BT square up to Sky on prices

Virgin Media and British Telecom say Sky's "near monopoly" of the market means increased prices for viewers of sport and film channels.
Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 3 Oct 2009 | 2:04 pm

Geithner: world not ready for end of stimulus

The global economy is not yet strong enough to allow governments to end their fiscal and monetary stimuli to boost demand and growth, U.S. Treasury Secretary Timothy Geithner said Saturday.

Source: MarketWatch.com - Top Stories | 3 Oct 2009 | 1:36 pm

Obama: Stalling of health reform unacceptable

Partisan attempts to stall or block healthcare reform are unacceptable, especially as rising healthcare costs are preventing small businesses from growing and creating new jobs at a time when the U.S. economy remains fragile, President Obama said Saturday.

Source: MarketWatch.com - Top Stories | 3 Oct 2009 | 1:35 pm

Happy birthday TARP: $200B is on us

Taxpayers stand to lose between $100 billion and $200 billion on TARP -- Treasury's $700 billion financial market bailout.
Source: Business and financial news - CNNMoney.com | 3 Oct 2009 | 12:44 pm

Apple analysts scramble to catch up

Source: Business and financial news - CNNMoney.com | 3 Oct 2009 | 12:43 pm

G7 presses for stronger yuan (Reuters)

Reuters - The Group of Seven rich nations urged China on Saturday to strengthen the yuan, but gave no sign of how it might overcome Chinese resistance to that suggestion or resolve other tensions over global currency rates.
Source: Yahoo! News: Business | 3 Oct 2009 | 12:43 pm

G7 presses for stronger yuan

ISTANBUL (Reuters) - The Group of Seven rich nations urged China on Saturday to strengthen the yuan, but gave no sign of how it might overcome Chinese resistance to that suggestion or resolve other tensions over global currency rates.

Source: Reuters: Business News | 3 Oct 2009 | 12:43 pm

IFC to work with private sector to buy toxic assets

ISTANBUL (Reuters) - The head of the International Finance Corp said on Saturday that the group plans to work with private equity funds, debt servicing companies and major banks to soak up toxic assets held by banks in emerging markets.

Source: Reuters: Business News | 3 Oct 2009 | 11:42 am

Jittery Wall Street girds for corporate earnings (AFP)

AFP - Having lost some of its swagger from a powerful six-month rally, Wall Street heads into corporate earnings season with renewed skittishness about prospects for an economic recovery.

Source: Yahoo! News: Stock Markets News | 3 Oct 2009 | 11:04 am

Irish Yes vote sets stage for EU reform

Irish voters look set to reverse last year’s decision not to approve the Lisbon treaty by a convincing margin, according to an early tallies of votes
Source: Financial Times - US homepage | 3 Oct 2009 | 10:36 am

Banking while on the go

Internet banking could become old hat as consumers now opt to use their mobile phones.Uptake of Kiwibank's mobile banking has grown 600 per cent in its first year, says spokesman Bruce Thompson. "This is in line with global trends,...
Source: nzherald.co.nz - Business | 3 Oct 2009 | 10:00 am

Energy drinks well over limit

Energy drink manufacturers are exploiting a legal loophole and selling over-the-counter products with unsafe levels of caffeine.The drink-makers are governed by Food Standard Authority regulations that mandate a maximum level...
Source: nzherald.co.nz - Business | 3 Oct 2009 | 10:00 am

HooHaa sends all the right messages

Local web-based company HooHaa is using the popularity of mobile phones to channel advertising to target audiences.Its 80,000-strong database receives text messages tailored to their specific interests.They are paid a 10 cent...
Source: nzherald.co.nz - Business | 3 Oct 2009 | 10:00 am

NewsWatch: U.S. stocks await the earnings cavalry

Source: MarketWatch.com - Top Stories | 3 Oct 2009 | 10:00 am

Martin Hawes: Home is where the hard graft is

Many New Zealanders set too much store by their houses to give them happiness. This often results in people having a great deal of capital tied up in their houses to the detriment of their lifestyles.I frequently meet people who,...
Source: nzherald.co.nz - Business | 3 Oct 2009 | 10:00 am

Bernard Hickey: Crafar has lessons for us all

The Crafar Farms tragedy is a microcosm of many of the things wrong about our business and investment culture.We believe small businesses are fairer and more productive for owners, workers and customers. We are generalists who...
Source: nzherald.co.nz - Business | 3 Oct 2009 | 10:00 am

Cartoon: The other big fight

Source: nzherald.co.nz - Business | 3 Oct 2009 | 9:58 am

Deborah Hill Cone: Comfort in the art of darkness

Last night Zambesi changed my life. Well actually it was last Saturday. I was feeling fragile as a kitten, two days after my husband and I decided to separate. Anyway, I dragged my sorry arse along to the Zambesi retrospective show...
Source: nzherald.co.nz - Business | 3 Oct 2009 | 9:55 am

Investors brace for a rocky ride

The stock advance has hit some resistance in the last two weeks and it's only going to get tougher as the third quarter reporting period gets underway.
Source: Business and financial news - CNNMoney.com | 3 Oct 2009 | 9:03 am

G24 nations urge significant IMF vote shift

ISTANBUL (Reuters) - The Group of 24 nations on Saturday called for a significant shift in IMF voting power to developing nations and a doubling of members' quotas to raise more resources for the global financial institution.

Source: Reuters: Business News | 3 Oct 2009 | 8:50 am

What Comcast could bring to NBC Universal

Source: Business and financial news - CNNMoney.com | 3 Oct 2009 | 8:18 am

Bankruptcies Skyrocket In September

Personal bankruptcies posted a big increase in September, not a surprise as unemployment races toward 10%. The American Bankruptcy Institute reports that the September 2009 consumer filing total reached 124,790, a 41% increase from the 88,663 consumer filings in September 2008. The number is also up 4% from August. Consumer bankruptcies totaled 1,046,449 filings through the first [...]

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Source: 24/7 Wall St. | 3 Oct 2009 | 7:33 am

Market Snapshot: U.S. stocks await the earnings cavalry

Source: MarketWatch.com - Top Stories | 3 Oct 2009 | 7:18 am

Are star fund managers doomed?

Source: Business and financial news - CNNMoney.com | 3 Oct 2009 | 7:07 am

NewsWatch: U.S. stocks, bonds back on same page on economy

After a lengthy disconnect, the U.S. stock market may now be back on the same page as the bond market, which for the past month and a half has been signaling a gloomier view on the economy.

Source: MarketWatch.com - Top Stories | 3 Oct 2009 | 7:00 am

Personal Finance Daily: The week's 10 best Personal Finance stories

In case you missed them, here are the top 10 Personal Finance stories from MarketWatch for the week of Sept. 28-Oct. 2:

Source: MarketWatch.com - Top Stories | 3 Oct 2009 | 6:10 am

Bing Starts To Lose Market Share (GOOG)(MSFT)(YHOO)

Bing’s rapid ascent as a new favorite among web searchers may be over. The Microsoft (MSFT) product had picked up market share since it was launched in early June. The momentum of that progress not have just slow; it may be running in reverse. Online audience research firm StatCounter reports that Bing lost 1% of market [...]

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Source: 24/7 Wall St. | 3 Oct 2009 | 6:03 am

Improved revenue could boost U.S. earnings

NEW YORK (Reuters) - If the stock market bulls are right, U.S. third-quarter corporate earnings could show revenue kicked into gear after some disappointing numbers last quarter, sustaining the rally.

Source: Reuters: Business News | 3 Oct 2009 | 5:12 am

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