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Will scented candles light men's fire?Products marketed to men are generally portrayed as things only a real man would want. Deodorant that withstands the elements! Cars that eat up the road! Food that slays your hunger! Candles? Caitlan Carroll reports.Source: Marketplace Money | 27 Nov 2009 | 10:56 am Overdraft cases may be dismissedLloyds says it will ask local courts to dismiss the thousands of cases lodged against it for the return of overdraft fees.Source: BBC News | Business | World Edition | 27 Nov 2009 | 3:36 am Carphone posts better-than-expected profitMobile-phone and laptop retailer lifts its earnings-per-share outlook for the year, citing strong trading at both its broadband and retail units.
Source: MarketWatch.com - Top Stories | 27 Nov 2009 | 3:35 am Dubai woes hit world stocks again; Asia down most (AP)
Source: Yahoo! News: Stock Markets News | 27 Nov 2009 | 3:34 am Stock futures signal sharp drop on Dubai jitters (Reuters)
Source: Yahoo! News: Stock Markets News | 27 Nov 2009 | 3:34 am Yen hits fresh 14-year high as investors dump stocksGlobal Markets Overview: Investors scrambled to buy yen and dump stocks on Friday as the fallout from the Dubai World debt restructuring continued to circle the globeSource: Financial Times - US homepage | 27 Nov 2009 | 3:33 am Wall Street prepares for a drubbingU.S. stocks were set to plunge Friday in tandem with worldwide markets, as Dubai World and its debt woes threatened Wall Street's confidence.Source: Business and financial news - CNNMoney.com | 27 Nov 2009 | 3:26 am HSBC tumbles, Asian banks retreat on Dubai fearA wave of contagion selling sweeps across Asia markets Friday, with banking giant HSBC Holdings among the hardest hit, as investors scramble to piece together how much exposure regional lenders have to financial troubles in Dubai.
Source: MarketWatch.com - Top Stories | 27 Nov 2009 | 3:26 am Black Friday: Zhu Zhu is the star at Toys R UsZhu Zhu hamsters proved themselves the undisputed kings of Black Friday.Source: Business and financial news - CNNMoney.com | 27 Nov 2009 | 3:18 am Indications: U.S. stock futures deep in the red on Dubai newsU.S. stock market futures were trading sharply lower on Friday as debt problems for Dubai spread fear across worldwide markets.
Source: MarketWatch.com - Top Stories | 27 Nov 2009 | 3:16 am Asian markets stalked by Dubai fearsAsian stocks and currencies fell sharply on Friday as fears spread over losses stemming from Dubai's attempt to reschedule its debtInvestors said that the lack of information about the debt standstill,...Source: RSS feed - channel BNPaperBusiness | 27 Nov 2009 | 3:14 am ING prices $11.2 billion cash call at steep discountAMSTERDAM (Reuters) - ING priced a rights issue intended to raise 7.5 billion euros ($11.2 billion) at a steep discount, hoping to reduce its dependence on state aid by tapping shareholders made warier by Dubai's debt crisis.Source: Reuters: Business News | 27 Nov 2009 | 3:13 am Oil prices slump under $75 after Dubai shockOil prices fell sharply on Friday, mirroring events on stock markets across Asia, where investors were spooked by a shock call from the Dubai government to suspend the debt of a key state...Source: RSS feed - channel BNewsBusiness | 27 Nov 2009 | 3:12 am Oil prices slump under $75 after Dubai shock (AFP)
Source: Yahoo! News: Stock Markets News | 27 Nov 2009 | 3:11 am Dubai woes hit world stocks again; Asia down mostWorld stock markets tumbled further Friday amid fears about the fallout from Dubai's debt problems. Sentiment among investors has been hit hard by Wednesday's news that Dubai World, a...Source: RSS feed - channel BNewsBusiness | 27 Nov 2009 | 3:11 am London Markets: Miners offset financials in mildly lower LondonStocks fell 3.2% in London in the previous session.
Source: MarketWatch.com - Top Stories | 27 Nov 2009 | 3:09 am Stocks and commodities spooked by Dubai worriesInvestors’ confidence is shaken by worries about Dubai’s debt woes, precipitating a sell-off in commodities and equities, while the dollar and the yen surged as traders sought a safe haven.
Source: MarketWatch.com - Top Stories | 27 Nov 2009 | 3:05 am Dollar sinks to fresh 14-year low vs. yenThe dollar sank to a fresh 14-year low against the yen Friday as worries about Dubai's debt mountain drove investors to buy safe haven assets like the yen. Japanese Finance Minister...Source: RSS feed - channel BNewsBusiness | 27 Nov 2009 | 3:01 am Global markets hit by fresh bout of sellingA lack of information about Dubai’s flagship government-owned holding company, made worse by a religious holiday in the Middle East, prompted indiscriminate selling of stocks linked to the regionSource: Financial Times - US homepage | 27 Nov 2009 | 3:00 am Asia Markets: Intervention eyed as yen rise hits Japan exportersThe yen surges to 14-year highs against the U.S. dollar.
Source: MarketWatch.com - Top Stories | 27 Nov 2009 | 2:58 am Russian PM Putin in France for economic talksRussian Prime Minister Vladimir Putin is holding talks aimed at deepening business and financial cooperation with France. The two countries are seeking closer ties in the energy,...Source: RSS feed - channel BNewsBusiness | 27 Nov 2009 | 2:52 am Oil falls below $74 amid Dubai debt default fearsLONDON (Reuters) - Oil prices sank to a six-week low below $73 a barrel on Friday as fears of debt default in Dubai convulsed financial markets and the dollar rose as investors moved into safer assets.Source: Reuters: Business News | 27 Nov 2009 | 2:51 am Asian shares sold down on Dubai fears, yen surgeAsian stock markets slump Friday, with some suffering their worst losses in months, amid concerns about the potential fallout from Dubai World's debt standstill, with bank and construction stocks leading decliners.
Source: MarketWatch.com - Top Stories | 27 Nov 2009 | 2:51 am Media Digest 11/27/2009 Reuters, WSJ, NYTimes, FT, BloombergReuters: Japan raised the idea that the G7 make a statement about the dollar. Reuters: Shoppers move into Black Friday with small budgets. Reuters: Dubai’s debt crisis raised the prospect of more trouble in the financial markets. Reuters: ING will make a $11 billion rights offering at a large discount. Reuters: One of the German states called Opel job cut [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 27 Nov 2009 | 2:50 am World stocks drop in second day of Dubai shock (AFP)
Source: Yahoo! News: Stock Markets News | 27 Nov 2009 | 2:47 am Thyssenkrupp announces job losses in coming yearGerman steelmaker Thyssenkrupp is set to reduce its workforce worldwide by about 20,000 in the coming fiscal year, its CEO said Friday, as the firm battles with record losses and an...Source: RSS feed - channel BNewsBusiness | 27 Nov 2009 | 2:46 am Ho Ho Ho! It's Off to Melbourne We Go!V Australia Launches Third Aussie Destination From LA! New Direct Flight to Melbourne, Victoria LOS ANGELES, Nov. 27 /PRNewswire/ -- V Australia will this weekend...Source: RSS feed - channel BNewsBusiness | 27 Nov 2009 | 2:40 am Shoppers hit Black Friday sales with pared budgetsNEW YORK (Reuters) - Americans headed to department stores in droves in the dead of night on Friday to kick off the holiday shopping season, though many said they had pared back how much they would spend on family members and on themselves.Source: Reuters: Business News | 27 Nov 2009 | 2:38 am Japanese flock to first-ever open budget debateJapanese flocked to a large gymnasium in central Tokyo in recent weeks to see what for them was an unusual sight: senior bureaucrats being grilled over their budget requests for next year.Source: RSS feed - channel BNewsBusiness | 27 Nov 2009 | 2:38 am UK firms with Dubai exposure shake off jittersShares in British companies with exposure to Dubai fell initially on Friday before rallying.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 27 Nov 2009 | 2:37 am European stocks extend losses on Dubai shockEurope's main stock markets dropped by more than one percent in early trading on Friday, building on sharp losses suffered a day earlier caused by worries about the threat of a debt defaultSource: RSS feed - channel BNewsBusiness | 27 Nov 2009 | 2:34 am European stocks extend losses on Dubai shock (AFP)
Source: Yahoo! News: Stock Markets News | 27 Nov 2009 | 2:33 am RBS stocks rise on joining protection schemeShares in Royal Bank of Scotland (RBS) rose 4 per cent this morning, as the bank announced that it had signed provisional agreements to join the Government's Asset Protection Scheme (APS) and to receive a further £26 billion loan from the Treasury. RBS shareholders, including the State, which has a 70 per cent stake, will today receive an 180-page document detailing its plans for accession to the APS, at the end of what has been a gruelling week for the bank. Source: Latest Business News from Times Online | 27 Nov 2009 | 2:31 am Bank of Japan checks rates, but intervention unlikelyTOKYO (Reuters) - The Bank of Japan stepped closer to currency intervention on Friday than at any time in the last five years by checking exchange rates with commercial banks as the yen rallied to a 14-year high against the dollar.Source: Reuters: Business News | 27 Nov 2009 | 2:30 am Bank of Japan checks rates, but intervention unlikely (Reuters)
Source: Yahoo! News: Business | 27 Nov 2009 | 2:30 am Asia Markets And Europe Open (11/27/2009): Undone By DubaiMarkets in Asia were sharply lower on concerns about Dubai debt. The Nikkei fell 3.2% to 9,082. Honda (NYSE:HMC) and Mitsubishi UFJ (NYSE:MTU) fell. The Hang Seng dropped 4.8% to 21,135. HSBC (NYSE:HBC) fell sharply. The Shangai Composite was off 2.4% to 3,096. At the open in Europe, the FTSE fell .4% to 5,162. The Dax was down .6% [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 27 Nov 2009 | 2:30 am Yen hits fresh 14-year high as investors dump stocks09:25 GMT. Investors scrambled to buy yen and dump stocks on Friday as the fallout from the Dubai World debt restructuring continued to circle the globe. The Japanese currency saw its second day of strong...Source: RSS feed - channel BNPaperBusiness | 27 Nov 2009 | 2:30 am Europe Markets: Europe shares off early lows as buyers emergeInvestors react to news that Dubai is seeking to postpone the debt of its corporate entity Dubai World.
Source: MarketWatch.com - Top Stories | 27 Nov 2009 | 2:13 am Shares tumble, yen surges on Dubai fears (Reuters)
Source: Yahoo! News: Business | 27 Nov 2009 | 2:12 am Shares tumble, yen surges on Dubai fearsLONDON (Reuters) - Fears about a global contagion from Dubai's debt crisis triggered a broad sell-off of world shares, oil and other assets on Friday, fuelling flows into the low-yielding yen and safe-haven government bonds.Source: Reuters: Business News | 27 Nov 2009 | 2:12 am Dubai debt fears rattle marketsWorries about Dubai's debt problems spill over into a second day of trading, leading to more stock market falls.Source: BBC News | Business | World Edition | 27 Nov 2009 | 2:09 am Shoppers hit Black Friday sales with pared budgets (Reuters)Reuters - Americans headed to department stores in droves in the dead of night on Friday to kick off the holiday shopping season, though many said they had pared back how much they would spend on family members and on themselves.Source: Yahoo! News: Business | 27 Nov 2009 | 2:00 am Dubai's financial crisis: a Q&ADubai, the gulf emirate that has grown explosively over the last decade, is now at the centre of markets' attention on fears that it could struggle to repay its debt.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 27 Nov 2009 | 1:55 am Volkswagen to invest $3.5 billion in BrazilGermany's Volkswagen AG on Friday announced plans to invest euro2.3 billion ($3.5 billion) in Brazil and said it hopes to be building a million vehicles a year in the country by 2014. ...Source: RSS feed - channel BNewsBusiness | 27 Nov 2009 | 1:53 am Mark Hulbert: Giving thanks to skepticismYou can be thankful you didn’t have Thanksgiving dinner with a culinary contrarian, writes Mark Hulbert -- but a market contrarian is another story.
Source: MarketWatch.com - Top Stories | 27 Nov 2009 | 1:53 am Manila's Petron plans to raise $212 mln from sharesMANILA, Nov 27 (Reuters) - Top Philippine refiner Petron Corp plans to raise up to 10 billion pesos ($212 million) by selling 100 million preferred shares, the company said in a filing to the securities...Source: RSS feed - channel BNewsBusiness | 27 Nov 2009 | 1:51 am Metals Stocks: Gold prices tumble on Dubai worriesGold futures head lower in electronic trading, retreating from a high of $1,195 an ounce, as debt woes in Dubai helped fuel a general sell-off in Asia.
Source: MarketWatch.com - Top Stories | 27 Nov 2009 | 1:44 am London suffers amid Dubai woesLondon equities continued to fall on Friday, as world markets continued to fear the implications of Dubai World's restructuring and unexpected debt standstill. The FTSE 100 shed a further 15 points to...Source: RSS feed - channel BNPaperBusiness | 27 Nov 2009 | 1:32 am More pension closures 'planned'Many more pension schemes will close in the next five years, to both new and existing members, a report says.Source: BBC News | Business | World Edition | 27 Nov 2009 | 1:29 am London stocks slide further on Dubai threat (AFP)
Source: Yahoo! News: Stock Markets News | 27 Nov 2009 | 1:23 am Carphone Warehouse raises profit forecastCarphone Warehouse raised its full-year earnings forecast on the back of strong half-year profits of £75 million today, and said that it is on track to complete the planned demerger of its telecoms and retail companies by March 2010. Source: Latest Business News from Times Online | 27 Nov 2009 | 1:21 am FTSE 100 hit as Dubai rattles global marketsThe FTSE 100 dropped in early trading on Friday as fears over the financial position of Dubai give global markets their worst collective shock in a year.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 27 Nov 2009 | 1:16 am Dubai debt delays revive fear of financial crisisDUBAI/TOKYO (Reuters) - Investors recoiled from risky assets on Friday and dumped shares in Asian banks and builders, fearing a Dubai debt default could reignite the financial turmoil of the credit crisis.Source: Reuters: Business News | 27 Nov 2009 | 1:06 am Dubai debt delays revive fear of financial crisis (Reuters)
Source: Yahoo! News: Business | 27 Nov 2009 | 1:06 am The flip side of Habitat for HumanityThe mortgage meltdown has prompted the nonprofit known for building homes for the poor to shift to buying foreclosures, sprucing them up and selling them to low-income families.Habitat for Humanity International has been known for its mission to provide new homes for the poor ever since former President Carter, its most famous volunteer, grabbed work gloves and hammer in the 1980s to help build dwellings in struggling communities. ¶ These days, Habitat is renovating the way it does business because of the mortgage meltdown, in which loose lending standards left thousands of foreclosed properties sitting vacant in the very neighborhoods the group aims to revitalize. Habitat is increasingly acquiring foreclosures, renovating them and selling them to needy families, providing zero-interest loans when they don't qualify for a mortgage. Called the Neighborhood Revitalization Initiative, the program is Habitat's attempt to address the national foreclosure crisis. ¶ "We have, for most of our existence, really focused on new construction," said Mark Andrews, Habitat's senior director of U.S. operations. "But it's becoming more and more clear to us on a national scale that new construction isn't always the best fit."
Source: L.A. Times - Business | 27 Nov 2009 | 1:00 am Debtors Anonymous offers group support for spending addictsThe 12-step program for recovery from chronic debt doesn't work for everyone, but it's helped some even to stop using credit cards."Hi. I'm Tom, and I'm a compulsive spender." So begins a recent gathering of Debtors Anonymous, a support group for those addicted to overspending.
Source: L.A. Times - Business | 27 Nov 2009 | 1:00 am 2010 Acura ZDX: Ferocious styling meets conventional crossoverIn biology it's called "convergent evolution" -- unrelated organisms separately evolve the same trait.
Source: L.A. Times - Business | 27 Nov 2009 | 1:00 am Saab suitors regroup after buyer pulls plug on dealBeijing Automotive Industry Holding Co., Merbanco Inc. and Renco Group Inc. have made approaches about General Motors Co.'s Saab unit after the collapse of a sale to Koenigsegg Group, two people familiar with the situation said.
Source: L.A. Times - Business | 27 Nov 2009 | 1:00 am Advertising resurgence hits the spot for TV networksCompanies have been snapping up available commercial spots and agreeing to pay significantly higher prices than they did just five months agoThere's finally some new life in old media.
Source: L.A. Times - Business | 27 Nov 2009 | 1:00 am Green jobs in state getting little stimulus helpFew of the positions created or saved so far in California through the $787-billion program appear to have anything to do with renewable energy or clean technology.What was once the bustling Evergreen Pulp mill is today a forlorn factory of smokestacks and tan buildings clustered quietly beside the still, gray waters of the Arcata harbor near Eureka, Calif.
Source: L.A. Times - Business | 27 Nov 2009 | 1:00 am A few technophile gifts for less than $100Picking a holiday gift for the nerd in your life is never easy. In the shopping stampede, it's all too easy to end up with an outdated gadget or obsolete program. And mistakes can be costly.
Source: L.A. Times - Business | 27 Nov 2009 | 1:00 am Retailers ready as Black Friday dawnsThe deals are plentiful but inventories are low as cautious merchants seek to persuade wary shoppers to buy again.Retailers are doing whatever it takes to lure shoppers to the malls today.
Source: L.A. Times - Business | 27 Nov 2009 | 1:00 am Artificial trees are getting the axRetailers stock fewer fake Christmas firs as people try to save by buying real ones. Home Depot Inc. and Lowe's...Source: RSS feed - channel BNPaperBusiness | 27 Nov 2009 | 1:00 am Artificial trees are getting the axRetailers stock fewer fake Christmas firs as people try to save by buying real ones.Home Depot Inc. and Lowe's Cos., the largest U.S. home-improvement chains, are stocking fewer fake Christmas trees as shoppers plan to save money by buying the real thing.
Source: L.A. Times - Business | 27 Nov 2009 | 1:00 am 2010 Acura ZDX: Ferocious styling meets conventional crossoverIn biology it's called "convergent evolution" -- unrelated organisms separately evolve the same trait.Source: RSS feed - channel BNPaperBusiness | 27 Nov 2009 | 1:00 am A few technophile gifts for less than $100Picking a holiday gift for the nerd in your life is never easy. In the shopping stampede, it's all too easy to end up with an outdated gadget or obsolete program. And mistakes can be costly.Source: RSS feed - channel BNPaperBusiness | 27 Nov 2009 | 1:00 am Green jobs in state getting little stimulus helpFew of the positions created or saved so far in California through the $787-billion program appear to have anything to do with renewable energy or clean technology. ...Source: RSS feed - channel BNPaperBusiness | 27 Nov 2009 | 1:00 am Debtors Anonymous offers group support for spending addictsThe 12-step program for recovery from chronic debt doesn't work for everyone, but it's helped some even to stop using credit cards. ...Source: RSS feed - channel BNPaperBusiness | 27 Nov 2009 | 1:00 am Advertising resurgence hits the spot for TV networksCompanies have been snapping up available commercial spots and agreeing to pay significantly higher prices than they did just five months ago ...Source: RSS feed - channel BNPaperBusiness | 27 Nov 2009 | 1:00 am Fatal Black Friday stampede leads to changesWal-Mart adopts new safety measures after a guard was trampled last year. Other chains are also taking steps to keep crowds calm.Victoria Rogers had originally planned to make an early stop the day after Thanksgiving last year at the Wal-Mart store in Valley Stream, N.Y., on Long Island.
Source: L.A. Times - Business | 27 Nov 2009 | 1:00 am The flip side of Habitat for HumanityThe mortgage meltdown has prompted the nonprofit known for building homes for the poor to shift to buying foreclosures, sprucing them up and selling them to low-income families. ...Source: RSS feed - channel BNPaperBusiness | 27 Nov 2009 | 1:00 am Carphone raises profit forecastThe mobile phone retailer Carphone Warehouse raises its full-year earnings forecast after better-than-expected sales.Source: BBC News | Business | World Edition | 27 Nov 2009 | 12:58 am Is this bye-bye Dubai?The emirate dazzled the world with its extravagance but now wants to defer its debts. What happened, asks Richard Spencer.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 27 Nov 2009 | 12:52 am Fears stalk global markets on Dubai debt crisisShares in London tumbled as the market opened this morning, following steep losses in Asia, as investor panic over banks' exposure to Dubai's growing financial problems gathered pace. Source: Latest Business News from Times Online | 27 Nov 2009 | 12:51 am Dubai's ruling family moves to calm debt fears as global markets slideDubai's ruling family has attempted to calm international fears over its economic stability, saying its rescue package for its most indebted state company was "carefully planned".Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 27 Nov 2009 | 12:46 am Fujii warns about ‘one-sided’ currency movementsJapan’s finance minister strengthens his remarks about the weakening dollar and says he will contact authorities in the US and Europe if necessarySource: Financial Times - US homepage | 27 Nov 2009 | 12:26 am Dubai's dramatic boom over the last decade in picturesSource: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 26 Nov 2009 | 11:34 pm Dubai debt worries grip financial marketsAsian shares slumped on Friday as fears that Dubai could default on its debt gripped investors.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 26 Nov 2009 | 11:24 pm Video resumes highlight good attributesStill can't find work? It's not you, it's your resume. A new company thinks video resumes are the secret to standing out. Cash Peters reports.Source: Marketplace Money | 26 Nov 2009 | 11:00 pm Survey: Workers feel jobs are stagnantJim Davis from the talent management firm DDI talks with Tess Vigeland about results from a survey conducted by his company that measured the satisfaction workers felt with their jobs.Source: Marketplace Money | 26 Nov 2009 | 11:00 pm Need work? Trying making your own.How do you find a job in today's economy when most companies aren't hiring and few jobs are being created? Commentator Charles Handy says the thing to do is make your own work.Source: Marketplace Money | 26 Nov 2009 | 11:00 pm Life goes on after foreclosureStories of families in the throes of losing their homes are all over the news. But what happens to those families -- and the homes -- after the foreclosure is final? Krissy Clark visits a couple in Las Vegas to find out.Source: Marketplace Money | 26 Nov 2009 | 11:00 pm Home-selling's short sale headachesIn effort to avoid foreclosure and preserve their credit rating, some are willing to sell their homes for less than they owe on the mortgage. But even taking a loss isn't always as easy as it sounds. Peter O'Dowd reports.Source: Marketplace Money | 26 Nov 2009 | 11:00 pm Unemployed stay afloat on creditAs employment benefits run out, more people are turning to credit cards to make ends meet. Stacey Vanek-Smith reports.Source: Marketplace Money | 26 Nov 2009 | 11:00 pm NZ dollar falls, ditched by Japanese investorsThe NZ dollar was ditched today by Japanese investors fearful of a financial meltdown in the Middle East but it found support at lower levels.The yen hit its highest level in 14 years against the US dollar and also rose against...Source: nzherald.co.nz - Business | 26 Nov 2009 | 10:42 pm 5 Smart Books: Holiday Reading (Consumer Action)From a posthumous Michael Crichton saga to a cautionary real-estate tale.
Source: SmartMoney.com | 26 Nov 2009 | 10:00 pm Don't Wait on WineThe slide in wine prices may be ending, but it's not too late to start a collection.
Source: SmartMoney.com | 26 Nov 2009 | 10:00 pm Turkeys: 20 Big Funds Down in the Dumps (Screens)These funds are in the basement over the short and long terms.
Source: SmartMoney.com | 26 Nov 2009 | 10:00 pm Looking for Good News? He Has Plenty (By the Numbers)Why a laid-off marketer is on a mission to report the positive.
Source: SmartMoney.com | 26 Nov 2009 | 10:00 pm Broker Talk: Investing Abroad (Broker Talk)Should you target the U.K. or Germany? These firms weigh in.
Source: SmartMoney.com | 26 Nov 2009 | 10:00 pm Bank Stocks' Recent Woes Could Be Contagious (Ahead of the Curve)Luskin: Increased regulation is hurting financials, and threatens the bull market.
Source: SmartMoney.com | 26 Nov 2009 | 10:00 pm Post-Black Friday: The Deals Continue (Deal of the Day)This weekend, many retailers will be extending their discounts.
Source: SmartMoney.com | 26 Nov 2009 | 10:00 pm The Week's Business Tweets: One Great Stock (Twitter Beat)Uncle Ben Bernanke's gift; the meteoric rise of Diedrich Coffee.
Source: SmartMoney.com | 26 Nov 2009 | 10:00 pm Extended Service Contract? Bah Humbug! (Money and Your Mind)The irresistible impulse to add gadget insurance to your holiday purchases.
Source: SmartMoney.com | 26 Nov 2009 | 10:00 pm War tax on the tableWar is expensive, and it's about to get more so if the U.S. government escalates its military efforts in Afghanistan.Source: Business and financial news - CNNMoney.com | 26 Nov 2009 | 9:12 pm High yen 'harming Japan economy'The strong yen is harming Japan's economy, its finance minister says, as the US dollar continues to sink.Source: BBC News | Business | World Edition | 26 Nov 2009 | 8:36 pm Tip Top risks consumer wrath - watchdogManufacturers who shrink their products while leaving the price the same risk taking a big hit as shoppers become increasingly wise to the practice, says Consumer New Zealand.Iconic New Zealand brand Tip Top is the latest manufacturer...Source: nzherald.co.nz - Business | 26 Nov 2009 | 8:26 pm UK's Brown to push bank bailout plan at summitLONDON (Reuters) - Prime Minister Gordon Brown said he would lobby for support for his plan to make banks pay for any future bailout at a Commonwealth summit this week.Source: Reuters: Business News | 26 Nov 2009 | 7:20 pm UK's Brown to push bank bailout plan at summit (Reuters)Reuters - Prime Minister Gordon Brown said he would lobby for support for his plan to make banks pay for any future bailout at a Commonwealth summit this week.Source: Yahoo! News: Business | 26 Nov 2009 | 7:20 pm Online Xmas retail jump tippedSAN FRANCISCO - Online retailers hope the convenience of the Web, plus discounts and deals, spur still-nervous shoppers to spend more online this holiday season - even as traditional retailers brace for mediocre sales.Internet...Source: nzherald.co.nz - Business | 26 Nov 2009 | 7:00 pm HSE finds flaws in designs of Britain's nuclear plantsFlaws in the design of nuclear plants which it is hoped will reduce Britain's dependence on coal-fired power stations have been raised by the Health and Safety Executive.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 26 Nov 2009 | 6:12 pm Kiwi dollar slides amid Dubai debacleThe New Zealand dollar slid below 72 US cents for the first time in three weeks after Dubai World, the state-owned investment company for the Gulf State emirate, sought to put off paying its debt, knocking investors' appetite for...Source: nzherald.co.nz - Business | 26 Nov 2009 | 6:00 pm Trade deficit keeps shrinking as imports, exports sinkNew Zealand's trade deficit continued to shrink last month as the value of imports and exports declined at their fastest pace in 21 years.Statistics New Zealand overseas merchandise trade figures released today show the balance...Source: nzherald.co.nz - Business | 26 Nov 2009 | 5:30 pm Greatest real estate turnaround everSource: Business and financial news - CNNMoney.com | 26 Nov 2009 | 5:28 pm 6 heroes of the economyIn March, CNNMoney profiled Pam Koner and others making a difference. Did their efforts pay off? CNNMoney checks in.Source: Business and financial news - CNNMoney.com | 26 Nov 2009 | 5:21 pm Latin America sets course for the centreAs Latin America gears up for a spate of elections, voters in Uruguay will be watched closely this weekend for confirmation that the region’s leftward drift of recent years is on the waneSource: Financial Times - US homepage | 26 Nov 2009 | 5:07 pm Glitch halts LSE trading as Dubai woes trigger sell-offA trading glitch halted trading on the London Stock Exchange (LSE) for three hours yesterday, highlighting the urgent need for an upgrade to its trading platform. Source: Latest Business News from Times Online | 26 Nov 2009 | 5:01 pm ITV swoops to have GMTV for breakfastITV has taken full control of GMTV after buying Disney’s 25 per cent stake in the breakfast broadcaster for £22.2 million. Source: Latest Business News from Times Online | 26 Nov 2009 | 5:01 pm Dubai in deep water as ripples from debt crisis spreadFears of a dangerous new phase in the economic crisis swept around the globe yesterday as traders responded to the shock announcement that a debt-laden Dubai state corporation was unable to meet its interest bill. Source: Latest Business News from Times Online | 26 Nov 2009 | 5:01 pm United but still smarting, Lloyds investors get behind £13.5bn rights issueEric Daniels is determined to remain at the helm of Lloyds Banking Group in spite of the pressure from institutional shareholders for him to resign. Source: Latest Business News from Times Online | 26 Nov 2009 | 5:01 pm Offshore tax amnesty to be extended into the new yearHM Revenue & Customs is to announce a last-minute extension to its tax “amnesty” for offshore savers in an effort to encourage more people to come forward. In a statement to be issued today, the Revenue will declare that savers have an extra five weeks to alert it to undeclared offshore accounts before its “new disclosure opportunity” (NDO) ends. Source: Latest Business News from Times Online | 26 Nov 2009 | 5:01 pm Borders closes a chapter as administrators namedBorders UK, the bookshop chain, went into administration last night, putting 1,150 jobs at risk and raising the prospect of a firesale before Christmas. Source: Latest Business News from Times Online | 26 Nov 2009 | 5:01 pm Tokyo warns of double-dip recessionFears that figures suggesting an economic recovery may have been a false dawn were intensified yesterday when Japan’s Prime Minister sounded an official alarm that the country risked falling into a “double-dip” recession. Source: Latest Business News from Times Online | 26 Nov 2009 | 5:01 pm Dubai defends debt payment suspension as markets fall (AFP)
Source: Yahoo! News: Stock Markets News | 26 Nov 2009 | 4:59 pm Axel Springer appointment stirs INM rumoursThe appointment of Lothar Lanz, chief operating officer and chief financial officer of Axel Springer, to the board of Independent News & Media (INM) has reignited speculation that the German media group is planning to build a sizeable stake in the publisher of the Independent.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 26 Nov 2009 | 4:52 pm Chancellor poised to cut growth forecasts to lowest post-war levelAlistair Darling will use the pre-Budget report (PBR) next month to slash his economic output forecast this year to the lowest level in post-war history.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 26 Nov 2009 | 4:45 pm F & P Appliances profits hit by writedowns, weak salesFisher & Paykel Appliances reported a first half net loss of $82.4 million, affected by write downs and weak sales.The company today said its normalised loss after tax was $847,000 for the six months to the end of September, compared...Source: nzherald.co.nz - Business | 26 Nov 2009 | 4:30 pm ‘Tougher’ Blair could have shaped Iraq planA former UK ambassador to Washington has told the Iraq inquiry that Tony Blair could have done more to influence US policy had he attached conditions to Britain’s supportSource: Financial Times - US homepage | 26 Nov 2009 | 4:14 pm US retailers turn to social media on ‘Black Friday’US retailers unleash a traditional barrage of post-Thanksgiving holiday shopping promotions, with the National Retail Federation expecting 134m Americans to head for the stores.Source: Financial Times - US homepage | 26 Nov 2009 | 4:02 pm NZ shares tumble in early tradeThe New Zealand sharemarket tumbled in early trade, following the lead of overseas markets after Dubai's shock call to suspend the debt of a key state company.Around 10.15am the benchmark NZX-50 index was down 38.61, points, or...Source: nzherald.co.nz - Business | 26 Nov 2009 | 3:36 pm Media: Web campaigners take aim at TargetTV3's Target is on the receiving end over an episode that aired this month. Campaigners against a crackdown on copyright crime have taken aim at the TV3 consumer show Target.The show featured numerous examples of copyright...Source: nzherald.co.nz - Business | 26 Nov 2009 | 3:30 pm German minister pressured on Afghan strikeAfter Germany’s armed forces chief, Wolfgang Schneiderhan, resigned after accusations that the military withheld information about an air strike in Afghanistan, attention has turned to Franz-Josef Jung, current labour ministerSource: Financial Times - US homepage | 26 Nov 2009 | 3:24 pm Borders goes into administrationThe Borders bookshop chain in the UK, which owns 45 stores across the country, goes into administration.Source: BBC News | Business | World Edition | 26 Nov 2009 | 3:09 pm A push to curb 'vulture fund' profitsA British High Court ordered Liberia to pay millions of dollars to two offshore investment firms running so-called "vulture funds." Stephen Beard reviews criticism of these funds and why some want to restrict how much they can recoup.Source: Marketplace | 26 Nov 2009 | 3:05 pm China sets targets for 2020 carbon cutsChina made an important commitment to restraining the rise in its greenhouse gas emissions, announcing that it had set a target for reducing its carbon intensity by 40-45 per cent by 2020Source: Financial Times - US homepage | 26 Nov 2009 | 2:47 pm China plans to cut its emissions by 2020China announced it will cut greenhouse gas emissions by 2020 with a pledge to reduce what's called "carbon intensity." Jeremy Hobson explains what the term means and how the rate of emissions is involved.Source: Marketplace | 26 Nov 2009 | 2:35 pm Conservation land could be mined - GovtSome conservation land in the Coromandel could be used for mining, Energy and Resources Minister Gerry Brownlee says.In August, Mr Brownlee said the Government would undertake a stocktake of mineral resources in conservation land,...Source: nzherald.co.nz - Business | 26 Nov 2009 | 2:20 pm South Canterbury Finance chief executive resignsSouth Canterbury Finance chief executive Lachie McLeod is leaving the company, shareholders were told at the annual meeting in Timaru yesterday.McLeod has resigned and will leave on November 30. Nigel Gormack, a chartered accountant,...Source: nzherald.co.nz - Business | 26 Nov 2009 | 2:00 pm Dollar falls to a 14-year yen lowThe dollar hits a 14-year low against the yen as low US interest rates make the currency less attractive to investors.Source: BBC News | Business | World Edition | 26 Nov 2009 | 1:54 pm Video: Mr. iFart appeals to Steve JobsSource: Business and financial news - CNNMoney.com | 26 Nov 2009 | 1:45 pm Vauxhall job cut plans unveiledVauxhall's owner plans 354 job cuts at Vauxhall, but will expand production at Ellesmere Port, securing jobs there.Source: BBC News | Business | World Edition | 26 Nov 2009 | 1:36 pm Barroso nears decision on Commission postsThe battle for European Union posts has reached fever pitch as the Commission president finalises his distribution of 25 portfoliosSource: Financial Times - US homepage | 26 Nov 2009 | 1:34 pm Ports face crisis as volumes fallThe world’s container ports industry is facing a sharp reversal in its fortunes as the sector’s first ever year-on-year fall in volumes forces an abrupt change from breakneck expansion to retrenchmentSource: Financial Times - US homepage | 26 Nov 2009 | 1:03 pm Funds win on Liberia's 1978 debtA High Court in London orders Liberia to pay two investment funds more than $20m (£12m) for a debt dating back to 1978.Source: BBC News | Business | World Edition | 26 Nov 2009 | 12:36 pm Technical glitch hits LSE tradingTrading on the London Stock Exchange was halted for three and a half hours on Thursday following technical difficulties.Source: BBC News | Business | World Edition | 26 Nov 2009 | 12:09 pm Dubai debt fears hit world stock markets (AFP)
Source: Yahoo! News: Stock Markets News | 26 Nov 2009 | 11:21 am FTSE 100 plunges on Dubai debt move (AFP)
Source: Yahoo! News: Stock Markets News | 26 Nov 2009 | 10:48 am FTSE 100 plunges on Dubai debt move (AFP)
Source: Yahoo! News: Business | 26 Nov 2009 | 10:48 am Bruised Lloyds gets OK for record cash callBIRMINGHAM, England (Reuters) - UK bank Lloyds' army of small investors grilled executives for over three hours on Thursday over secret central bank loans and mistakes made during the crisis, but agreed to back a record-breaking rights issue.Source: Reuters: Business News | 26 Nov 2009 | 10:41 am Dubai Default: Moral Hazard For Sovereign DebtDubai World, the de facto sovereign fund for the desert nation, has essentially defaulted on a large portion of its debt. It has asked creditors for a “standstill” on paying back its $60 billion debt until May or perhaps later. Most of the debt is attached to the fund’s real estate arm known as Nakheel. According to The [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 26 Nov 2009 | 10:29 am Former CEO Greenberg Bests AIG (AIG) Is Legal BattlesMaurice R. “Hank” Greenberg did not start AIG (AIG), but he might as well have. Greenberg took over as head of the insurance company in 1968, the only CEO other than its founder C.V. Starr. Greenberg turned AIG into the largest insurance firm in the world. In 2005 he left during an accounting scandal, then [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 26 Nov 2009 | 10:06 am Feel thankful about losing moneySource: Business and financial news - CNNMoney.com | 26 Nov 2009 | 7:38 am Option ARMs: Killing the housing recovery?Option-ARMs: File under, "It sounded good at the time."Source: Business and financial news - CNNMoney.com | 26 Nov 2009 | 5:45 am Struggling shops face empty shelvesWith sales slow and credit tight, small merchants are scrambling to stock their shelves for the year's biggest shopping season.Source: Business and financial news - CNNMoney.com | 26 Nov 2009 | 5:41 am China Could Flood The World With Goods, Damage Global EconomyChina’s stimulus package may work too well. The world’s most populous nation is still building large numbers of factories even though its exports remain low. Building the facilities creates jobs and offers the country the chance to be ready to send out a huge amount of goods when the world’s economy recovers without straining its manufacturing capacity China may [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 26 Nov 2009 | 5:40 am Share trading on London Stock Exchange frozen (Reuters)Reuters - Share trading on the London Stock Exchange has been halted by technical difficulties, a spokesman for the bourse operator said on Thursday.Source: Yahoo! News: Stock Markets News | 26 Nov 2009 | 4:35 am Fannie Mae to tighten lending standards: report (Reuters)
Source: Yahoo! News: Business | 26 Nov 2009 | 4:07 am Fannie Mae to tighten lending standards: reportWASHINGTON (Reuters) - Fannie Mae plans to raise minimum credit score requirements next month and limit the amount of overall debt that borrowers can carry relative to their incomes, The Washington Post reported on Thursday.Source: Reuters: Business News | 26 Nov 2009 | 4:07 am BHP denies Rio backsliding on iron ore tie-upBRISBANE (Reuters) - Global miner BHP Billiton dismissed talk on Thursday that rival Rio Tinto was baulking at a proposed $116 billion joint venture in iron ore, insisting the two were close to a binding agreement.Source: Reuters: Business News | 26 Nov 2009 | 3:03 am Media Digest 11/26/2009 Reuters, WSJ, NYTimes, FT, BloombergReuters: Saab’s failure to be bought shows that Chinese companies are having trouble moving into Western markets through M&A. Reuters: AIG (NYSE:AIG) and former CEO Greenberg settled legal issues between them. Reuters: Dubai will put a six month standstill to debt payments. Reuters: Fannie Mae (NYSE:FNM) may tighten lending standards. Reuters: Improved consumer numbers help increase market optimism. WSJ: Toyota [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 26 Nov 2009 | 3:02 am Asia Market And Europe Open (11/27/22209)Markets in Asia fell. The Nikkei was off .6% to 9,383. The Hang Seng fell 1.8% to 22,210. The Shanghai Composite was down 3.6% to 3,171. At the open in Europe, the FTSE fell .7% to 5,327. The Dax was off .8% to 5,757. The CAC 40 fell .9% to 3,776. Rio Tinto (NYSE:RTP) and Deutsche Bank (NYSE:DB) fell [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 26 Nov 2009 | 2:41 am
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