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Volkswagen starts production of first India carVolkswagen AG started production of its first compact car in India on Saturday, hoping to capture up to 10 percent of the country's fast-growing automobile market within the next six years,Source: RSS feed - channel BNewsBusiness | 12 Dec 2009 | 2:02 am Deal to relax limits on flights between US, JapanUnited Airlines wasted no time in declaring that it will seek antitrust immunity for a joint venture with Continental Airlines Inc. and Japan's All Nippon Airways in which the three wouldSource: RSS feed - channel BNewsBusiness | 12 Dec 2009 | 1:21 am Highlights of $1.1T spending bill_$519 billion in routine payments for Medicare and Medicaid. _$3.9 billion for more than 5,000 "earmarks," or home-state projects sought by lawmakers. _A pay raise for federal...Source: RSS feed - channel BNewsBusiness | 12 Dec 2009 | 1:07 am Senate set to advance $1.1T spending billThe Senate is poised to clear away a Republican filibuster of a huge end-of-year spending bill rewarding most federal agencies with generous budget boosts. The $1.1 trillion measure...Source: RSS feed - channel BNewsBusiness | 12 Dec 2009 | 1:06 am Pocket money 'up by 11p in 2009'UK children received an average of £6.24 a week in pocket money this year, a slight rise despite the recession, research says.Source: BBC News | Business | World Edition | 12 Dec 2009 | 1:00 am Massive financial reform passes HouseThe bill would give broad new powers to regulators, including the ability to break up firms like AIG and Lehman Bros. whose failure could shake the economy.More than a year after the financial crisis devastated the economy and triggered massive taxpayer bailouts, the House narrowly approved the most sweeping overhaul of financial regulations since the Great Depression in hopes of preventing a similar catastrophe.
Source: L.A. Times - Business | 12 Dec 2009 | 1:00 am Retail sales increase for start of the holiday seasonStrong gains in autos and gasoline drove a 1.3% increase from October, but excluding those categories, retail sales still rose 0.6%. November sales also were up 0.2% from a year earlier.Retailers rolled out the discounts and shoppers pulled out their wallets in November, sending sales up more than 1% during the first month of the crucial holiday season, according to government data released Friday.
Source: L.A. Times - Business | 12 Dec 2009 | 1:00 am State speeds up payments to 121,000 long-term jobless CaliforniansMany of those affected had been without benefits for more than a month. Unemployment extension checks could arrive as early as midweek.Stung by criticism over delayed unemployment extension checks, the Schwarzenegger administration acted to speed up payments to 121,000 long-term jobless Californians, many of whom have been without benefits for more than a month.
Source: L.A. Times - Business | 12 Dec 2009 | 1:00 am Stanley Chais target of federal criminal investigationThe Beverly Hills money manager is accused of funneling hundreds of millions of investors' dollars to the Ponzi scheme operated by Bernard L. Madoff. ...Source: RSS feed - channel BNPaperBusiness | 12 Dec 2009 | 1:00 am Massive financial reform passes HouseThe bill would give broad new powers to regulators, including the ability to break up firms like AIG and Lehman Bros. whose failure could shake the economy. ...Source: RSS feed - channel BNPaperBusiness | 12 Dec 2009 | 1:00 am Stanley Chais target of federal criminal investigationThe Beverly Hills money manager is accused of funneling hundreds of millions of investors' dollars to the Ponzi scheme operated by Bernard L. Madoff.Federal prosecutors disclosed Friday that they were conducting a criminal investigation of Beverly Hills money manager Stanley Chais, who is accused of serving as the Southern California link to a Ponzi scheme operated by disgraced financier Bernard L. Madoff.
Source: L.A. Times - Business | 12 Dec 2009 | 1:00 am SEC to 'vigorously pursue' charges against BofAWASHINGTON -- The Securities and Exchange Commission will continue to "vigorously pursue" its charges against Bank of America over disclosure of bonuses to employees of Merrill Lynch, a top agency official...Source: RSS feed - channel BNPaperBusiness | 12 Dec 2009 | 1:00 am Battle in L.A.'s bond worldOne week after TCW sacked star fund manager Jeffrey Gundlach, some clients have fled -- and he's plotting a quick comeback.A power struggle at one of L.A.'s biggest investment firms has many of the ingredients of a Shakespearean tragedy: frustrated ambition, a hero's fall from grace, betrayal and revenge.
Source: L.A. Times - Business | 12 Dec 2009 | 1:00 am FirstFed Financial CEO Babette Heimbuch to resignHeimbuch, who is leaving after 13 years, will be replaced by the thrift's president, James Giraldin. The chief...Source: RSS feed - channel BNPaperBusiness | 12 Dec 2009 | 1:00 am Stronger retail sales and sentiment boost stocksNEW YORK -- Stocks mostly rose today on signs that consumers and businesses are feeling more confident about the economy.Source: RSS feed - channel BNPaperBusiness | 12 Dec 2009 | 1:00 am Luxury shoppers still spending, but shelling out lessThe recession's end hasn't reached Rodeo Drive, where salesclerks can at times outnumber customers. But many stores are better prepared than last year, with leaner inventories and lower-priced goods.The rich might be different from you and me. But in this tightfisted holiday season, they too are holding fast to their (designer) wallets.
Source: L.A. Times - Business | 12 Dec 2009 | 1:00 am Universal Pictures asks producers to trim costsThe studio joins its Hollywood rivals in looking for savings from the companies it pays to scout and develop projects.In the latest austerity move in Hollywood, Universal Pictures has asked its three top movie suppliers -- Imagine Entertainment, Working Title and Stuber Productions -- and other production companies it funds to cut overhead and economize to compensate for the tough economic realities of the movie business, according to people close to the situation.
Source: L.A. Times - Business | 12 Dec 2009 | 1:00 am FirstFed Financial CEO Babette Heimbuch to resignHeimbuch, who is leaving after 13 years, will be replaced by the thrift's president, James Giraldin.The chief executive of FirstFed Financial Corp. is resigning after 13 years at the helm of the Los Angeles savings and loan, whose fortunes rose and fell with the boom and bust in pay-option mortgages.
Source: L.A. Times - Business | 12 Dec 2009 | 1:00 am Universal Pictures asks producers to trim costsThe studio joins its Hollywood rivals in looking for savings from the companies it pays to scout and develop projects. ...Source: RSS feed - channel BNPaperBusiness | 12 Dec 2009 | 1:00 am Luxury shoppers still spending, but shelling out lessThe recession's end hasn't reached Rodeo Drive, where salesclerks can at times outnumber customers. But many stores are better prepared than last year, with leaner inventories and lower-priced goods. ...Source: RSS feed - channel BNPaperBusiness | 12 Dec 2009 | 1:00 am Retail sales increase for start of the holiday seasonStrong gains in autos and gasoline drove a 1.3% increase from October, but excluding those categories, retail sales still rose 0.6%. November sales also were up 0.2% from a year earlier. ...Source: RSS feed - channel BNPaperBusiness | 12 Dec 2009 | 1:00 am NBC Universal renews deal with production firm BermanBraunThe three-year contract extension means BermanBraun will allow NBC to buy any of its TV projects before the firm pitches them to a competing network. ...Source: RSS feed - channel BNPaperBusiness | 12 Dec 2009 | 1:00 am State speeds up payments to 121,000 long-term jobless CaliforniansMany of those affected had been without benefits for more than a month. Unemployment extension checks could arrive as early as midweek. ...Source: RSS feed - channel BNPaperBusiness | 12 Dec 2009 | 1:00 am U.S. froze $2 billion held for Iran in Citibank: reportWASHINGTON (Reuters) - A U.S. court last year secretly froze more than $2 billion allegedly held for Iran in Citigroup Inc accounts, the Wall Street Journal reported on Saturday, citing legal documents.Source: Reuters: Business News | 11 Dec 2009 | 11:15 pm U.S. froze $2 billion held for Iran in Citibank: reportWASHINGTON (Reuters) - A U.S. court last year secretly froze more than $2 billion allegedly held for Iran in Citigroup Inc accounts, the Wall Street Journal reported on Saturday, citing...Source: RSS feed - channel BNewsBusiness | 11 Dec 2009 | 11:15 pm U.S. froze $2 billion held for Iran in Citibank: report (Reuters)Reuters - A U.S. court last year secretly froze more than $2 billion allegedly held for Iran in Citigroup Inc accounts, the Wall Street Journal reported on Saturday, citing legal documents.Source: Yahoo! News: Business | 11 Dec 2009 | 11:15 pm US House passes historic financial sector overhaulThe US House of Representatives approved the most sweeping regulatory overhaul of the financial sector since the Great Depression of the 1930s, one of President Barack Obama's key goals.Source: RSS feed - channel BNewsBusiness | 11 Dec 2009 | 11:11 pm Questions surround Woods' future as marketing starLOS ANGELES (Reuters) - Tiger Woods' decision to withdraw from professional golf due to a sex scandal raised questions Friday about his future as a magnet for corporate sponsors, with AT&T saying it was evaluating its ties.Source: Reuters: Business News | 11 Dec 2009 | 10:58 pm Questions surround Woods' future as marketing starLOS ANGELES (Reuters) - Tiger Woods' decision to withdraw from professional golf due to a sex scandal raised questions Friday about his future as a magnet for corporate sponsors, with...Source: RSS feed - channel BNewsBusiness | 11 Dec 2009 | 10:58 pm Iraq looks to strike more deals at oil auctionIraq will on Saturday look to attract further foreign energy investment as it continues an auction of its oil fields, a day after striking deals with consortiums led by energy giants Shell...Source: RSS feed - channel BNewsBusiness | 11 Dec 2009 | 10:54 pm Pay czar caps more salaries at bailed out firmsWASHINGTON/NEW YORK (Reuters) - The U.S. pay czar on Friday expanded a crackdown on pay packages at four companies rescued with taxpayer money, limiting most cash salaries at $500,000 for a second tier of top earners.Source: Reuters: Business News | 11 Dec 2009 | 10:34 pm US and Japan agree open air dealThe United States and Japan agree to a new "open skies" deal cutting restrictions on flights between the two countries.Source: BBC News | Business | World Edition | 11 Dec 2009 | 10:27 pm U.S., Japan reach "open skies" aviation pactWASHINGTON (Reuters) - The United States and Japan reached a landmark aviation agreement on Friday, a deal that eases barriers to passenger and cargo services and opens up the possibility for stronger alliances, officials said.Source: Reuters: Business News | 11 Dec 2009 | 10:13 pm U.S. Mint blocks frequent fliers' scheme to collect easy milesSome credit card holders bought coins to earn rewards, then used the coins to pay their credit card bills. Net cost: $0.The idea behind credit cards that offer airline rewards is simple enough: The more you spend on the card, the more free airline miles you get.
Source: L.A. Times - Business | 11 Dec 2009 | 10:04 pm Pay caps extended for firms that took bailoutsMid-level executives limited to $500,000, salary 'czar' decrees.The Obama administration, broadening its intervention in corporate pay practices, has imposed a $500,000-per-person cap on overall compensation for a swath of mid-level executives at four of the biggest recipients of federal bailout money.
Source: L.A. Times - Business | 11 Dec 2009 | 10:03 pm Southern California commuter rail CEO steps downThe chief executive officer of Southern California's commuter rail agency will step down but continue to work on safety measures for the system, which is under scrutiny after 25 people wereSource: RSS feed - channel BNewsBusiness | 11 Dec 2009 | 9:24 pm UPDATE 2-Citigroup sued by Terra Firma over EMI deal(Changes dateline; adds byline, lawyer comment, details)Source: RSS feed - channel BNewsBusiness | 11 Dec 2009 | 8:59 pm Eliot Spitzer Discusses States’ Budget Gaps: AudioSource: Bloomberg - All Podcasts | 11 Dec 2009 | 8:20 pm Giacovas Discusses FINRA Arbitration Defense Strategies: AudioSource: Bloomberg - All Podcasts | 11 Dec 2009 | 8:11 pm Fried, Stein, Rubock Discuss Securitization, Real Estate: AudioSource: Bloomberg - All Podcasts | 11 Dec 2009 | 8:06 pm Podcast: Your Friend or Foe?
Friend or Foe in NYC's Chess District? (Chana Joffe-Walt/NPR) On today's Planet Money: Planet Money examines an age-old but confusing question: why do businesses selling the same thing crowd around each other rather than stake out a bit of space on their own? To help answer that, Adam Davidson and Chana Joffe-Walt take us on a stroll of New York City's diamond, plant and, yes, chess district. Be prepared for a surprising tale of why economics helps people keep their friends close and thier enemies closer. Download the podcast; or subscribe. Music: Busta Rhymes' " » E-Mail This » Add to Del.icio.us Source: NPR Blogs: Planet Money | 11 Dec 2009 | 8:02 pm Boeing and Defense, Gold Coins, TARP: Taking Stock PodcastSource: Bloomberg - All Podcasts | 11 Dec 2009 | 7:49 pm Market Snapshot: U.S. stocks seek inspiration in Fed, OracleRate statement, earnings could provide needed direction to markets.
Source: MarketWatch.com - Top Stories | 11 Dec 2009 | 7:47 pm Weekend Investor: 10 lessons for investors from a dismal decadeStocks are on a short fuse, but so are stock investors. Call these past 10 years for the U.S. market “lost, 'losing,' 'lapsed' or anything you want. The fact is this was a dismal decade where many investors’ hopes, plans and expectations were dashed.
Source: MarketWatch.com - Top Stories | 11 Dec 2009 | 7:18 pm Citigroup sued by Terra Firma over EMI dealNEW YORK (Reuters) - Private equity firm Terra Firma sued Citigroup Inc, accusing the bank of fraud in connection with Terra Firma's purchase of music business EMI Group in 2007, court documents filed on Friday in New York showed.Source: Reuters: Business News | 11 Dec 2009 | 6:43 pm Citigroup sued by Terra Firma over EMI deal (Reuters)
Source: Yahoo! News: Business | 11 Dec 2009 | 6:43 pm Tiger Woods taking 'indefinite break' from golfThe star golfer says he’s decided to take an “indefinite break” from professional golf, asking for time and privacy as he deals with personal problems relating to his infidelities.
Source: MarketWatch.com - Top Stories | 11 Dec 2009 | 5:58 pm Three bank failures take year's tally to 133Three U.S. banks in Florida, Arizona and Kansas fail, bringing the year’s tally to 133 and taking a $250 million bite out of the federal deposit-insurance fund.
Source: MarketWatch.com - Top Stories | 11 Dec 2009 | 5:48 pm U.S. bank failure tally reaches 133Regulators closed regional banks in three U.S. states Friday, bringing the total number of failed banks this year to 133, the Federal Deposit Insurance Corp. said.Source: Business and financial news - CNNMoney.com | 11 Dec 2009 | 5:37 pm Tiger Woods ads vanish from TVTiger Woods is all over the TV, but his ads haven't been.Source: Business and financial news - CNNMoney.com | 11 Dec 2009 | 5:32 pm IShares Lists 25 New ETFs on Chilean Exchange: AudioSource: Bloomberg - All Podcasts | 11 Dec 2009 | 5:25 pm Bway Holding Raised to `Buy' at Deutsche Bank: AudioSource: Bloomberg - All Podcasts | 11 Dec 2009 | 5:23 pm Pay czar caps more salaries at bailed out firms (Reuters)
Source: Yahoo! News: Business | 11 Dec 2009 | 5:16 pm Canadian Markets: Canada benchmark hurt by drop in telecom stocksCanadian stocks fall Friday, with telecom stocks hit as the Canadian government decides to allow a foreign-backed upstart to compete in the country's wireless-services industry.
Source: MarketWatch.com - Top Stories | 11 Dec 2009 | 5:04 pm 'Unfair burden' of insurance lawTime could be called on insurance laws which campaigners say leaves thousands of claims being unfairly rejected each year.Source: BBC News | Business | World Edition | 11 Dec 2009 | 5:01 pm ‘The interesting challenge’ of a man who must scale a £1,500 billion debt mountainIt is a measure of the unexpected prominence for someone who was formerly an obscure civil servant that Robert Stheeman has recently begun to be named on some of those Nigerian-style scam e-mails. Source: Latest Business News from Times Online | 11 Dec 2009 | 5:01 pm Gilt slide continues as debt fears lingerThe market for British government stock fell yesterday for the second day running as worries continued among bond investors that the Government is not doing enough to stem growth in the budget deficit. Source: Latest Business News from Times Online | 11 Dec 2009 | 5:01 pm Karen Hanton, founder of Toptable restaurant website, tells what's on the menuKaren Hanton doesn’t look like someone who needs to think about thrift as she sits, immaculately coiffured, in her Mayfair apartment. Yet the Toptable entrepreneur has restored, repainted or redesigned much of the furniture in her living room, which could grace the pages of a glossy magazine. Source: Latest Business News from Times Online | 11 Dec 2009 | 5:01 pm Dubai woes force British groups to switch focus to Abu DhabiThe unfolding crisis in Dubai has led to a prominent British consultancy pulling out of the city, despite being owed £10 million by clients in the emirate, and a construction company moving staff to neighbouring Abu Dhabi. Source: Latest Business News from Times Online | 11 Dec 2009 | 5:01 pm Twitter finally in the money with Google linkBiz Stone, a co-founder of Twitter, was in the audience at the launch this week of Google’s new weapon in the search engine wars. Source: Latest Business News from Times Online | 11 Dec 2009 | 5:01 pm Factories bear the brunt of stubbornly resistant rise in the price of oilThe cost of factory raw materials and overheads have risen at the fastest annual pace in a year, bolstered by a continuing rise in the price of oil, official figures for November showed yesterday. Source: Latest Business News from Times Online | 11 Dec 2009 | 5:01 pm Cloud hangs over new wave of listings as Gartmore has to cut its offer priceGartmore, the fund manager, was forced to slash the offer price for shares in its London listing last night in a potentially serious setback for the string of private-equity-backed flotations due early next year. Source: Latest Business News from Times Online | 11 Dec 2009 | 5:01 pm How many gilts can we take?Forget Fabio Capello. The man with the toughest job in Britain during 2010 is Robert Stheeman, chief executive of the Debt Management Office (DMO), who has the unenviable task of selling some £225 billion worth of gilts this financial year and a further £174 billion worth in 2010-11. Source: Latest Business News from Times Online | 11 Dec 2009 | 5:01 pm Ray O’Rourke, the construction magnate, joins changing of the guard in the Anglo American boardroomThe boardroom shake-up at Anglo American, the world’s third-biggest mining company, continued yesterday when Ray O’Rourke, the Irish construction magnate, was appointed a non-executive director. Source: Latest Business News from Times Online | 11 Dec 2009 | 5:01 pm Union members vote to strike at FujitsuThe first national strike in the IT sector was announced yesterday after staff at Fujitsu, the Japanese-owned technology company, voted to walk out over cost-cutting measures. Source: Latest Business News from Times Online | 11 Dec 2009 | 5:01 pm After Hours: Visa to enter S&P 500 index, shares higherShares of Visa Inc. and Mead Johnson Nutrition Co. rise Friday evening following a decision to add them to a key U.S. equity index.
Source: MarketWatch.com - Top Stories | 11 Dec 2009 | 4:57 pm Major makeover of Wall Street regs passes House (AP)
Source: Yahoo! News: Business | 11 Dec 2009 | 4:43 pm Stocks to Watch: Stocks in focus for MondayAmong the companies whose shares are expected to see active trading are VeriFone, Global Crossing and Cadbury.
Source: MarketWatch.com - Top Stories | 11 Dec 2009 | 4:35 pm Car dealers ready to slug it outAs Chrysler and General Motors get ready to sit down and talk with owners of some of the nearly 2,000 dealerships given death sentences, dealers are rolling up their sleeves and preparing to fight for their businesses' lives.Source: Business and financial news - CNNMoney.com | 11 Dec 2009 | 4:35 pm Write-Offs: 12.11.09$$$ Charlie Gasparino: Leave BofA Alone [TDB] $$$ The errors of Matt Taibbi [The American Prospect] $$$ Hedge Fund Giant Elliott Ramps Up After Credit Woes [WSJ] $$$ Madoff A-Z [Hedge World] $$$ House Passes Financial Overhaul Bill [WSJ] $$$ What the Chipotle empire will buy you [Curbed] 
 Source: Dealbreaker | 11 Dec 2009 | 4:28 pm House approves sweeping financial reformsWASHINGTON (Reuters) - The House of Representatives approved the biggest changes in financial regulation since the Great Depression on Friday, marking a win for the Obama administration and top Democrats in Congress.Source: Reuters: Business News | 11 Dec 2009 | 4:21 pm House approves sweeping financial reforms (Reuters)Reuters - The House of Representatives approved the biggest changes in financial regulation since the Great Depression on Friday, marking a win for the Obama administration and top Democrats in Congress.Source: Yahoo! News: Business | 11 Dec 2009 | 4:21 pm Stronger retail sales and sentiment boost stocks (AP)
Source: Yahoo! News: Stock Markets News | 11 Dec 2009 | 4:19 pm Strong sales boost recovery hopeWASHINGTON (Reuters) - Consumers stepped up their spending in November and grew more optimistic this month, unexpectedly strong data showed on Friday, raising hopes a self-sustaining economic recovery was starting to unfold.Source: Reuters: Business News | 11 Dec 2009 | 4:15 pm Sweeping bank reform bill clears HouseThe House passed legislation Friday aimed at preventing the next big financial crisis, ushering in the most sweeping set of changes to the banking regulatory system since the New Deal.Source: Business and financial news - CNNMoney.com | 11 Dec 2009 | 4:14 pm Dow at new '09 highBetter-than-expected reports on retail sales and consumer sentiment lifted big blue chip stocks Friday, but gains were limited by weakness in technology and the strength of the U.S. dollar.Source: Business and financial news - CNNMoney.com | 11 Dec 2009 | 4:07 pm Alcoa, Delta, IMS Health, Macy's are big movers (AP)AP - The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:Source: Yahoo! News: Stock Markets News | 11 Dec 2009 | 4:06 pm How the major stock indexes fared on Friday (AP)AP - Encouraging news about how consumers feel about the economy and how much they're spending sent stocks higher on Friday. The strong showing in retail sales last month raised hopes that consumers are starting to feel more comfortable opening their wallets after months of building savings. Meanwhile, the preliminary Reuters/University of Michigan consumer sentiment index increased more than expected in December.Source: Yahoo! News: Stock Markets News | 11 Dec 2009 | 4:06 pm How the major stock indexes fared on Friday (AP)AP - Encouraging news about how consumers feel about the economy and how much they're spending sent stocks higher on Friday. The strong showing in retail sales last month raised hopes that consumers are starting to feel more comfortable opening their wallets after months of building savings. Meanwhile, the preliminary Reuters/University of Michigan consumer sentiment index increased more than expected in December.Source: Yahoo! News: Business | 11 Dec 2009 | 4:06 pm Latin American Markets: Brazil stocks at yearly high; Chilean shares upBrazilian equities finished Friday at their highest level this year, with a surge in shares of Embraer contributing after the aircraft maker landed a deal that will give it access to leasing opportunities in China and Asia.
Source: MarketWatch.com - Top Stories | 11 Dec 2009 | 4:01 pm China: 100,000 iPhones soldSource: Business and financial news - CNNMoney.com | 11 Dec 2009 | 3:34 pm EADS says not fooling about tanker boycott threatWASHINGTON (Reuters) - Airbus parent EADS is sticking to plans to boycott a potential $50 billion competition to build a U.S. Air Force refueling fleet absent major changes in the way the winner would be picked.Source: Reuters: Business News | 11 Dec 2009 | 3:31 pm Dow, S&P end up after solid data; Nasdaq slipsNEW YORK (Reuters) - The Dow and S&P 500 closed up for a third straight session on Friday after several solid consumer-related reports reinforced investors' confidence in a steady recovery by the economy.Source: Reuters: Business News | 11 Dec 2009 | 3:21 pm Dow, S&P end up after solid data; Nasdaq slips (Reuters)
Source: Yahoo! News: Business | 11 Dec 2009 | 3:21 pm Dow, S&P end up after solid data; Nasdaq slips (Reuters)
Source: Yahoo! News: Stock Markets News | 11 Dec 2009 | 3:21 pm Washington Calendar: Washington events for Dec. 14 - 18A look at the key economic data and news events in Washington during the week.
Source: MarketWatch.com - Top Stories | 11 Dec 2009 | 3:16 pm Adorable Old Lady Weighs In On US Potentially Adopting Bonus Tax
Source: Dealbreaker | 11 Dec 2009 | 3:13 pm Presented By:Source: Dealbreaker | 11 Dec 2009 | 3:13 pm US House backs financial reformThe US House of Representatives approves the most sweeping reforms to the financial sector since the 1930s.Source: BBC News | Business | World Edition | 11 Dec 2009 | 3:13 pm House approves sweeping bank reform billHouse lawmakers approve the most significant increase in the regulation of U.S. banks and other corporations since the Great Depression, placing new restrictions on the nation's biggest banks, reining in the Federal Reserve, and providing more help for troubled homewners.
Source: MarketWatch.com - Top Stories | 11 Dec 2009 | 3:06 pm Pay czar issues salary caps for execsNew pay restrictions were unveiled Friday for hundreds of top employees at the nation's biggest bailout recipients, representing the latest effort aimed at protecting taxpayers' investment.Source: Business and financial news - CNNMoney.com | 11 Dec 2009 | 2:55 pm SEC eyes all aspects of BofA's Merrill proxy (Reuters)Reuters - Securities regulators are looking at what Bank of America disclosed to shareholders as it was acquiring Merrill Lynch, including the investment bank's mounting fourth-quarter losses that eventually topped $15 billion.Source: Yahoo! News: Stock Markets News | 11 Dec 2009 | 2:54 pm From Scandal to Finance: Tiger Woods Top Financial PiecesAs we expected, the Tiger Woods scandal has moved above and beyond just a scandal. This has become one of the key business stories with ramifications for many companies, many stocks, and may become a case study for businesses involved in scandals. How many billionaire athletes get into this much soup and blow their reputation [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 11 Dec 2009 | 2:48 pm Guy Who Had To Take Restraining Order Out On Bank Of America May Be Interested In Running The Place
Source: Dealbreaker | 11 Dec 2009 | 2:47 pm Strong Chinese and US data boost global stocksGlobal markets overview: Strong industrial production numbers out of China and better-than-hoped for US retail and consumer confidence data helped global equities finish a choppy week on the front footSource: Financial Times - US homepage | 11 Dec 2009 | 2:47 pm Treasury draws $936m from JPMorgan warrantsUS taxpayers reaped $936m from the sale of warrants in JPMorgan Chase, in a move that will sever financial links between the government and the lender and ease public anxiety at last year’s bail-out of the banking sectorSource: Financial Times - US homepage | 11 Dec 2009 | 2:44 pm US House approves financial reform billThe US House of Representatives approved the biggest changes in financial regulation since the Great Depression, marking a win for the Obama administration and congressional DemocratsSource: Financial Times - US homepage | 11 Dec 2009 | 2:37 pm Petrol down for ChristmasSome good news to help stretch the Christmas dollar.Shell has led a three cent a litre drop at the petrol pump on the back of the strengthening New Zealand dollar. Fuel at most of its outlets is now priced at $1.65.9 for 91 and...Source: nzherald.co.nz - Business | 11 Dec 2009 | 2:28 pm Fed will nod, but not bow, to signs of recoveryWASHINGTON (Reuters) - The Federal Reserve, meeting next week to set monetary policy, faces the tricky task of acknowledging a pick up in economic activity without spooking fragile markets into believing interest rate hikes are imminent.Source: Reuters: Business News | 11 Dec 2009 | 2:13 pm The trouble with electric carsIf you're looking forward to parking a brand-new electric car in your garage soon, be prepared to spend some money getting that garage in shape.Source: Business and financial news - CNNMoney.com | 11 Dec 2009 | 2:10 pm How to get a good foreclosure dealHow can you make sure buying a foreclosed home is a good deal? Realtor John Anderson explains to Tess Vigeland.Source: Marketplace Money | 11 Dec 2009 | 2:10 pm Stockbroking firms team up to fight banker bonus taxEight companies try to clarify whether Alistair Darling's windfall tax would affect stockbrokers - despite such firms having received no taxpayer support.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 11 Dec 2009 | 1:58 pm Greece admits it is riddled with corruptionGreece’s prime minister, George Papandreou, acknowledged to his fellow European Union leaders that the Greek public sector was riddled with corruption. He said: ‘Our basic problem is systemic corruption’Source: Financial Times - US homepage | 11 Dec 2009 | 1:53 pm Antiques offer clue on economic healthThe basic premise behind the TV show "Antiques Roadshow" is that there's no accounting for taste. Kai Ryssdal reports on how the collectibles market can say a lot about the economy.Source: Marketplace | 11 Dec 2009 | 1:53 pm Has Anyone Talked To Choo Beng Lee Recently?Matthew Goldstein reports that's gonna leave a mark: A former hedge fund manager who is a key cooperating witness in the Galleon insider-trading probe was "consensually recording phone calls" with potential suspects until a week before authorities arrested Galleon head Raj Rajaratnam, according to a recently unsealed court filing. Galleon U.S. witness was taping calls for months [Reuters]
Source: Dealbreaker | 11 Dec 2009 | 1:35 pm Alistair Darling's work of fiction has shoppers splashing their imaginary cashIt was an ex-Chancellor, Denis Healey, who said a few years back: "Three things happen when you get to my age - first your memory starts to go . . . and I have forgotten the other two."Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 11 Dec 2009 | 1:27 pm "I'm Not The Situation I'm The Problem"
Source: Dealbreaker | 11 Dec 2009 | 1:20 pm Balancing global warming with an economic freezeCopenhagen's talks about global warming were supposed to bring the nations of the world together.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 11 Dec 2009 | 1:18 pm Minerva stakeholder Nathan Kirsh said company blocked him from buying £40m propertyNathan Kirsh, Minerva's hostile South African suitor, has accused the property developer of blocking him from acquiring a property it was selling and potentially costing shareholders value.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 11 Dec 2009 | 1:15 pm SEC has widened probe into BofA, Merrill deal (AP)AP - The Securities and Exchange Commission has expanded its probe of Bank of America to include the bank's possible failure to disclose mounting losses at Merrill Lynch, a top agency official said Friday.Source: Yahoo! News: Stock Markets News | 11 Dec 2009 | 1:10 pm Pre-Budget report: Labour has declared war on ordinary votersTelegraph View: Labour has not just declared war on the super-rich, but also on ordinary, hard-working British voters. It is the Tories' job to fight back on their behalf.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 11 Dec 2009 | 1:06 pm Trichet warns on bankers’ bonusesAwarding big bonuses to bankers could help sow the seeds of a future financial crisis, European Central Bank president Jean-Claude Trichet warned. He said financial institutions should use higher profits to strengthen capital basesSource: Financial Times - US homepage | 11 Dec 2009 | 1:04 pm House Of Representatives Passes Huge Financial Services PackageThe House of Representatives passed HR 4173, known as The Wall Street Reform And Consumer Protection Act off 2009. The vote was a close 223 to 202. The bill now goes to the Senate were it faces a major fight. Among the controversial portions of the bill are the creation of a Financial Services Oversight Council chaired by Treasury [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 11 Dec 2009 | 12:51 pm Bank firewalls cracked by cyberhackersCriminals drain accounts – but can the institutions be held responsible, asks Joseph MennSource: Financial Times - US homepage | 11 Dec 2009 | 12:47 pm House Passes Broad Financial RulesBy Daniel Costello The House passed a sweeping overhaul of financial regulations Friday afternoon that would overhaul a large share of current Wall Street regulation and realign the agencies overseeing the nation's banking system. Advocates have said the overhaul is designed to address shortfalls that led to last year's financial meltdown. New powers would create a consumer agency to police lenders and give the government the right to break up large firms at risk of failure. The vote was 223-202. » E-Mail This » Add to Del.icio.us Source: NPR Blogs: Planet Money | 11 Dec 2009 | 12:46 pm Iraq set to be second in oil league tableIraq is on course to overtake Iran as the holder of the world’s second-largest proven oil reserves, solidifying its position as the energy industry’s new frontier in the scramble to secure fresh resourcesSource: Financial Times - US homepage | 11 Dec 2009 | 12:39 pm EU backs Gordon Brown's call for global tax on financial institutionsThe European Union has tentatively backed Prime Minister Gordon Brown's call for a global tax on financial transactions, urging the International Monetary Fund (IMF) to consider the measure in spite of strong US opposition.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 11 Dec 2009 | 12:24 pm This Week’s LinksAlan Gregerman’s new blog is fantastic. Lynn Gaertner-Johnson shares some useful tips on how to write a holiday message for clients and business associates. Oligopoly Watch is worth a look. Keith Ferrazzi has a good system for tracking your professional relationships.
Source: Business Pundit | 11 Dec 2009 | 12:21 pm A look at economic developments around the globe (AP)AP - A look at economic developments and activity in major stock markets around the world Friday:Source: Yahoo! News: Stock Markets News | 11 Dec 2009 | 12:18 pm US extends executive pay limitsThe White House "pay czar" extends the limits on executive pay at four US firms who were given government bailout money.Source: BBC News | Business | World Edition | 11 Dec 2009 | 12:18 pm McDonald's launches $1 breakfastForget the pancakes piled high with bacon and maple syrup. Hold the eggs over easy. Fast food giant McDonald's is hoping Americans will ditch breakfast at home in favour of its new recession-proof $1 breakfast.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 11 Dec 2009 | 12:13 pm Coca-Cola warns green taxes could cut its profits by 50pcCoca-Cola and Unilever have warned that their profits could halve over the next decade unless they reduce their emissions, as business leaders in Copenhagen called for a global fixed price on carbon dioxide.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 11 Dec 2009 | 12:09 pm Is NBCU's star exec heading to MTV?Source: Business and financial news - CNNMoney.com | 11 Dec 2009 | 12:03 pm Is Bernie Madoff Allowed To Make Long Distance Outgoing Calls?From the mailbag: Bomb threat occurred today on the 18th floor of Madoff's old firm at Lipstick Building. Anniversary present? No real police presence and the identity of phone caller is known.
Source: Dealbreaker | 11 Dec 2009 | 12:02 pm Easy money could have a high priceA lost decade has defined the performance of US equities and bonds since 2000, says Michael MackenzieSource: Financial Times - US homepage | 11 Dec 2009 | 12:01 pm CIT rises from the ashesAfter a 38-day trip through bankruptcy, small business lender CIT Group emerged on Thursday and says it's ready to charge back into the lending fray. Its next challenge: Rebuilding relationships with customers damaged by the bank's struggles.Source: Business and financial news - CNNMoney.com | 11 Dec 2009 | 11:57 am Greek prime minister George Papandreou: 'we will not default on our debt'The beleaguered Greek prime minister yesterday sought to reassure investors that he would act on the country's mounting debt pile without having to turn to the International Monetary Fund for emergency funding.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 11 Dec 2009 | 11:54 am Lloyds buy-out unit line up £60m dealSource: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 11 Dec 2009 | 11:50 am Concord Medical, KAR fall in New York debuts (Reuters)Reuters - Two companies' shares fell in their debuts on the New York Stock Exchange on Friday, capping a week of poor performance for initial public offerings as investors grow choosier at year-end.Source: Yahoo! News: Business | 11 Dec 2009 | 11:43 am Concord Medical, KAR fall in New York debuts (Reuters)Reuters - Two companies' shares fell in their debuts on the New York Stock Exchange on Friday, capping a week of poor performance for initial public offerings as investors grow choosier at year-end.Source: Yahoo! News: Stock Markets News | 11 Dec 2009 | 11:43 am U.S. House rejects mortgage "cramdown" measure (Reuters)Reuters - In a win for the banking industry, the U.S. House of Representatives voted on Friday to reject a measure that would have allowed bankruptcy judges to change the terms of mortgages for distressed homeowners.Source: Yahoo! News: Business | 11 Dec 2009 | 11:41 am Schork Sees `Extremely Bearish’ U.S. Energy Market: AudioSource: Bloomberg - All Podcasts | 11 Dec 2009 | 11:41 am Vampire Squid Writer Goes There
Even more outrageous, it specifically prohibited Congress from rejecting tax giveaways to Wall Street, as it did last year, by removing all congressional oversight of future bailouts. In fact, the resolution authority proposed by Frank was such a slurpingly obvious blow job of Wall Street that it provoked a revolt among his own committee members, with junior Democrats waging a spirited fight that restored congressional oversight to future bailouts, requires equity for taxpayer money and caps assistance to troubled firms at $150 billion. Obama's Big Sell-Out [Rolling Stone]
Source: Dealbreaker | 11 Dec 2009 | 11:40 am Dana Telsey Says U.S. Mall Shopping Traffic Improving: AudioSource: Bloomberg - All Podcasts | 11 Dec 2009 | 11:40 am Kantor Says U.S. Unemployment to Start Falling in Spring: AudioSource: Bloomberg - All Podcasts | 11 Dec 2009 | 11:38 am Dawe of UN Says Poor Need Better Access to Food: AudioSource: Bloomberg - All Podcasts | 11 Dec 2009 | 11:25 am NYC cyclists bike into buildingsBike commuting is more popular than ever, and many cities are taking steps to accommodate two-wheelers. In New York City, a new law will allow people to bring bikes into office buildings. But some cyclists will be left out in the cold. Andrea Bernstein reports.Source: Marketplace | 11 Dec 2009 | 11:24 am Employee benefits start to come backThis time last year, companies laid off millions of people and a lot of workers saw their benefits dry up. Now some companies are resurrecting the benefits they scrapped a year ago. Stacey Vanek-Smith reports.Source: Marketplace | 11 Dec 2009 | 11:24 am Business inventory increase a good signThe Commerce Department says that after more than a year of cutting back, business owners started restocking their shelves in October. Amy Scott reports that bodes well for the economy.Source: Marketplace | 11 Dec 2009 | 11:24 am Reinventing cities critical to climateMost of the hard work building a low-carbon economy and lifestyle is going to be done in local communities. Commentator Alex Steffen says more than ever, acting globally means acting locally.Source: Marketplace | 11 Dec 2009 | 11:24 am Weekly Wrap: Economic roundupReuters blogger Felix Salmon and Clusterstock.com's John Carney talk with Kai Ryssdal about the TARP extension and President Obama's plans to create jobs.Source: Marketplace | 11 Dec 2009 | 11:23 am Indian, Chinese growth helps U.S. firmsChina's economy will probably grow more than 8% this year, and in the last quarter India's economy showed its fastest growth in 1.5 years. What's this mean for the U.S.? Alisa Roth reports.Source: Marketplace | 11 Dec 2009 | 11:23 am Small biz may get help from TARPPresident Obama will soon meet with top executives from the nation's largest banks. He's going to ask them why they aren't lending more, and he's going to sweeten the deal for banks that lend to small businesses. John Dimsdale reports.Source: Marketplace | 11 Dec 2009 | 11:23 am Puzzle posed by Terminator auctionThe highly contested auction of rights to the film franchise could be hit by a legal complication that could bring down the price potential buyers would be willing to paySource: Financial Times - US homepage | 11 Dec 2009 | 11:22 am Rig Counts Mixed On Oil Prices (OIH, USO, OIL)The weekly rig count data from Baker Hughes Incorporated (NYSE: BHI) is out, and it seems that the corrective phase in the price of oil is starting to create mixed data in the rig counts. There is always the notion that some changes may be seasonal (particularly in Canada) at this time of year, but [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 11 Dec 2009 | 11:22 am Getting a laugh out of MadoffWhen you're a New York cabaret singer who loses your life savings to Bernie Madoff, what do you do next? Why, put on a show, of course. Cynthia Crane offers a taste of her one-woman performance called "John Denver, Bernie Madoff and Me."Source: Marketplace Money | 11 Dec 2009 | 11:20 am How to be smart about philanthropyWhether you have millions or just a few dollars, how do you know which causes to support? Charles Bronfman and Jeffrey Solomon, co-authors of "The Art of Giving," talk with Tess Vigeland about how to make every charitable dollar count.Source: Marketplace Money | 11 Dec 2009 | 11:19 am Our listeners respond to MoneyListeners chime in on Marketplace Money coverage, including who should back student loans, who really needs financial education, and our series on kids and money.Source: Marketplace Money | 11 Dec 2009 | 11:19 am The mag I love to hate: SkyMallLos Angeles Times columnist Meghan Daum talks about her fascination with the magazine found in just about every plane seat pocket: SkyMall.Source: Marketplace Money | 11 Dec 2009 | 11:19 am Getting PersonalLos Angeles Times consumer columnist David Lazarus and Tess Vigeland answer listener questions, from why Starbucks stores don't all carry the same items, to what to do if your company doesn't let you contribute to its retirement plan.Source: Marketplace Money | 11 Dec 2009 | 11:19 am Japan's solar energy shines a lightIn Japan, solar energy is a green technology that even the middle class can afford. Rob Schmitz of KQED visits the country and reports on the lessons the Land of the Rising Sun has to teach us.Source: Marketplace Money | 11 Dec 2009 | 11:19 am What converting to a Roth IRA meansThe rules governing Roth IRAs are changing. Financial planner Stuart Ritter talks with Tess Vigeland about how to make sense of the new guidelines.Source: Marketplace Money | 11 Dec 2009 | 11:19 am The perils of buying a foreclosed homeAfter David Reeves bought a foreclosed home, he found it took a surprising amount of work just to make it livable. He talks with reporter Julie Rose about his experience.Source: Marketplace Money | 11 Dec 2009 | 11:18 am FTSE 100 ends higher (AFP)
Source: Yahoo! News: Stock Markets News | 11 Dec 2009 | 10:49 am Revisiting Short Interest: Short Squeeze Candidates (PALM, GRMN, DISH)As we saw yesterday, short sellers have increased their bets against several companies that we find interesting and may be acted on. Short sellers had covered their positions in Palm Inc (NASDAQ: PALM) but now they are back for blood with over 56 million shares short. The company has several new phones out and clearly [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 11 Dec 2009 | 10:32 am Jasons Travel fallsJasons Travel Media's half-year net profit fell 15.7 per cent to $1.2 million as the company kept up spending on its regional and city visitor guides even as revenue from the publications contracted. The company said it was unlikely...Source: nzherald.co.nz - Business | 11 Dec 2009 | 10:20 am European, US markets climb after retail sales data (AP)
Source: Yahoo! News: Stock Markets News | 11 Dec 2009 | 10:08 am Shell wins Iraq oil field rightsA consortium led by Shell wins the rights to develop Iraq's giant Majnoon oil field, and other contracts are awarded.Source: BBC News | Business | World Edition | 11 Dec 2009 | 9:59 am "I've been [mooo] running [oink oink] a [quack] Ponzi scheme [quack quack]"
"I'm sitting in [my granddaughter's pre-schoo] class and these children, two-and-a-half-year-olds, are standing around, pretending that they're on a farm," Sorkin said. "And the teacher is asking, 'what sounds do you hear on a farm?' Like a cow, moo-moo, and a duck, quack-quack. "And I'm hearing all these animal sounds, and all the kids laughing and applauding, and my cell phone rings. And it's Bernie Madoff. And he tells me that he's been arrested by the FBI. He's handcuffed to a chair. He needs my help. And in the background, I'm hearing, 'moo-moo, quack-quack, oink-oink,' and I ran out of the class." Also, if he had to defend the Ponz Master all over again, would he? You betcha, Sorkin told Scott Cohn. And while we're on the subject, the attorney is tickled by how long his clients scam was able to go on for.
Source: Dealbreaker | 11 Dec 2009 | 9:58 am Awards for Kiwi brokerFirst New Zealand Capital has been awarded two gongs by finance industry media specialists FinanceAsia. The Kiwi broker won Best Investment Bank - New Zealand and Best New Zealand Deal for its $273 million equity raising for Pyne...Source: nzherald.co.nz - Business | 11 Dec 2009 | 9:50 am More Holiday Cheer: Consumer Sentiment SoarsBy Daniel Costello U.S. consumers felt cheerier in December, as the job market showed signs of improvement and retailers offered steep discounts to pump up holiday sales, a survey released on Friday showed. Consumer sentiment improved markedly in early December, according to the University of Michigan/Reuters index, rising to 73.4 from 67.4 in November. Earlier on Friday, the Commerce Department reported retail sales jumped a much higher-than-expected 1.3% in November. » E-Mail This » Add to Del.icio.us
Source: NPR Blogs: Planet Money | 11 Dec 2009 | 9:41 am Pay Czar Caps Asses At $500,000The Comp Cop has emerged from his chambers to announce that the 25th to the 100th top earners at Citi, GMAC, AIG and GM will get no more than $500,000 in cash. He's made 12 exceptions for "competitive reasons," i.e. the veiled threats of certain AIG employees. Also, he thinks Bank of America's TARP repayment is "excellent," and took credit for Goldman's all stock bonuses."
Source: Dealbreaker | 11 Dec 2009 | 9:41 am Ukraine wants $2bn IMF loanUkraine makes an urgent appeal to the International Monetary Fund, calling for about $2bn in emergency loans.Source: BBC News | Business | World Edition | 11 Dec 2009 | 9:35 am Tourists stay longerInternational visitors spent 5 per cent more nights in commercial accommodation in October than a year earlier, even as domestic guest nights fell 2 per cent. The 2.5 million guest nights in October were up 0.5 per cent from a...Source: nzherald.co.nz - Business | 11 Dec 2009 | 9:20 am Apple and Nokia's battle hots upThe legal battle between Nokia and Apple takes a new turn, with Apple countersuing Nokia for alleged patent violations.Source: BBC News | Business | World Edition | 11 Dec 2009 | 9:17 am EU makes 7bn euro climate pledgeEU leaders agree to pay 7.2bn euros over three years to a global warming fund, in a deal they hope may boost world efforts.Source: BBC News | Business | World Edition | 11 Dec 2009 | 9:12 am Strong medicine to fix capital marketsNext week, the Capital Market Development Taskforce's report will be released, recommending a course of steroids to turn our 98 pound weakling of a sharemarket and its weedy siblings into far more muscular entities.While markets...Source: nzherald.co.nz - Business | 11 Dec 2009 | 9:00 am F&P boss on top pay despite big lossNew Fisher & Paykel Appliance boss Stuart Broadhurst could earn the highest amount ever paid to a chief executive at the company despite predictions of a loss of up to $65 million this year.Broadhurst, who has been acting chief...Source: nzherald.co.nz - Business | 11 Dec 2009 | 9:00 am Wong wants more women on boardIf you want a woman on your board Pansy Wong will give you a list of potential candidates.That's the extent to which the Women's Affairs Minister is prepared to go to address New Zealand's dismal record of women at the top of...Source: nzherald.co.nz - Business | 11 Dec 2009 | 9:00 am Landing fee hold pleases airlinesAirlines have welcomed a move by Auckland Airport to hold landing charges for another two months.The airport company - which yesterday announced its profit to be at the high end of the $93 million to $100 million guidance range...Source: nzherald.co.nz - Business | 11 Dec 2009 | 9:00 am Brian Gaynor : Stocks and shares vs bricks and mortarWhere has been the best place to invest your money - residential housing or the sharemarket?This is a difficult question but the data in the accompanying table gives a broad assessment of how the two asset classes have performed...Source: nzherald.co.nz - Business | 11 Dec 2009 | 9:00 am MGA to keep Bratz for nowPASADENA: The pouty-lipped Bratz dolls can strut their stuff a little longer with MGA Entertainment.A federal appeals court panel in Pasadena on Thursday suspended an order that MGA stop selling Bratz products this year. MGA was...Source: nzherald.co.nz - Business | 11 Dec 2009 | 9:00 am EU calls for tax on bank tradesEU leaders urge the International Monetary Fund to consider implementing a global tax on financial transactions.Source: BBC News | Business | World Edition | 11 Dec 2009 | 8:50 am This Week’s Weird Jobs
Some jobs, anyone can do. And some jobs need to be a personality fit. For example, you probably shouldn’t be an atheist if you apply for a church musician gig. You shouldn’t be a manipulative type if you’re interested in hypnotism. And if you want to sell sewers, well…read on: 1. CA: Church Musician, pianist, organist, guitarist Need church musician – keyboard player to play for one regularly scheduled Sunday morning worship service, including but not limited to gospel and urban/contemporary Christian music. Also renders music for a few special services (holiday services) per year. Rehearses (day or time are flexible), directs and accompanies the choirs in their participation in the worship life of the Congregation. God has no respect of person and denomination – therefore neither do we. What is most important is that you are committed, can do the job, are excited about worship and love the Lord. 2. I Will Help You Teach Your Cat to Walk On a Leash Walking your cat is great fun, and they love it. One of mine took to it right away and still sits meowing at the door to go out; the other, who I got when he was older, was terrified of the outdoors at first, but has come to love it. Most felines would love to be outdoors, smelling and feeling new things, even if they’re scared at first. Most people just don’t give them the chance. Cats after three years old may not be able to acclimatize to the outdoors and all of its stimuli; some cats hate the harness; and others may just be housecats, pure and simple. Them’s the breaks. Teaching them how to walk takes time and patience, but it is rewarding. I should add that they rarely walk completely like a dog (i.e. your cat won’t jog next to you), and will sometimes decide, “Hey, let’s slow down and lay down here for a while, this bush smells good,” you can train them to walk alongside you on a leash for long periods of time. Once they get that first taste, they love it. And once you can do that, you can take your cat to the beach, to the park, to the lake, etc. A whole new world for them, and fun for you. My fee for an hour or so of instruction is fifty dollars. I will bring one of mine over as a demonstration and talk to you about the various steps to take. I can’t guarantee that your cat will learn to walk on a leash, but if it does your fifty will be well spent. That’s one heck of a niche. Duties would include (but not limited to): *Identify sewers in need of repair or replacement using an in-pipe video camera and pipe locator. Must have proven sales experience in Sewer Replacement. 4. OR: Hypnotist – Paid Internship Are you positive minded, upbeat, enthusiastic and compassionate? Are you interested in helping people change their lives for the better? We currently have an opening in our Hypnotist Internship program for someone just like you. We will train you to be a certified Hypnotist and pay you while you become an important part of our team. Professional appearance is a must. Previous experience with Weight Loss and Nutrition a definite plus, but not necessary. Sociopaths and astroturfers need not apply. 5. MO: INNKEEPER WANTED A full service inn and event facility is looking for a part-time, live-in innkeeper to aid in the lodging portion of our business. This individual must be very personable, enjoys interacting with the public, energetic, detail oriented and a team player. Responsibilities include all aspects of guest relations, light housekeeping, office work, and cooking breakfast. Accommodations are provided on site; this is a live-in position. Please email resume and references. If you get snowed in for days, please don’t panic. Our last guy was so bad that they made a movie about him. Happy Friday!
Source: Business Pundit | 11 Dec 2009 | 8:42 am Apple-Nokia Patent Wars Heating Up (AAPL, NOK, QCOM, BRCM, RIMM, RMBS)Patent lawsuits are nothing new in the world of technology. And the patent suit from Nokia Corp. (NYSE: NOK) against Apple Inc. (NASDAQ: AAPL) may have just taken a turn. Apple announced this morning that it has filed a countersuit against Nokia alleging that Nokia is now infringing 13 patents owned by Apple. It was [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 11 Dec 2009 | 8:38 am EU pledges annual €2.4bn to climate fundEuropean Union contributes larger amount than expected to the ‘fast-start’ fund to boost developing nations’ efforts to fight global warmingSource: Financial Times - US homepage | 11 Dec 2009 | 7:30 am Morning Report: Retail Sales Boom; China Booms MoreBy Daniel Costello Retail sales jumped a much higher-than-expected 1.3% in November, according to Commerce Department data released Friday. Excluding the 1.6% rise in auto sales, sales rose 1.2%, the fastest since January. It was the strongest sales report since August, which clocked a 2.4% increase. The gains were across the board, as only clothing and furniture sales dropped. Meanwhile, China's economy continued to accelerate in November to its fastest rate this year, official data showed Friday. Industrial output surged 19.2% from the year-ago period and collectively expanded by 22.2%. The November growth in industrial output beat a 16.1% improvement a month earlier. Lastly, the U.S. labor market could look very different once it gets back on its feet. More than two million U.S. manufacturing jobs were lost in the recession and they are unlikely to return. Instead, nurses, biomedical engineers, waiters and security guards will fare better in coming years, according to a new Labor Department report. While the projections show employment in construction will rise by 1.3 million, that will be outweighed by the continued drop in manufacturing and mining jobs. "Goods-producing employment, as a whole, is expected to show virtually no growth" in total jobs, according to the report.
By 2018, the sector will account for 12.9% of jobs, down from 14.2% in 2008.
» E-Mail This » Add to Del.icio.us Source: NPR Blogs: Planet Money | 11 Dec 2009 | 7:25 am Today’s Best Market Rumors (12/11/2009) (PG)(BK)(MSFT)Updated throughout the day. Microsoft (NASDAQ:MSFT) will buy Opalis Software (Barron’s) Updated 9.47 AM EST The CEO of Bank of New York (NYSE:BK) is once again a candidate for the top jobs at Bank of America (NYSE:BAC) (CNBC) Gartmore may cut the price of its IPO (MarketWatch) Light vehicles sold in China hit 12.6 million in 2009 compared to 10.3 [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 11 Dec 2009 | 6:43 am Top Day Trader Alerts (DNDN, CIEN, DEER, SNSS, CBK)These are this morning’s top day trader and active trader alert stocks. There is much more detailed analysis and data on each stock story via a link to VSInvestor.com: Dendreon Corporation (NASDAQ: DNDN) is down only 1% on this discounted secondary offering. CIENA Corporation (NASDAQ: CIEN) is trying to find a bottom with a gain after yesterday’s [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 11 Dec 2009 | 6:38 am Top 10 Analyst Upgrades, Downgrades, Initiations (AOL, BNI, GLW, FFIV, NCR, NOK, STI, TJX, VCLK, YHOO)These are the ten top analyst calls in upgrades, downgrades, and initiations we have seen early this Friday from Wall Street research calls: AOL Inc. (NYSE: AOL) Started as Outperform at Bernstein. Burlington Northern Santa Fe (NYSE: BNI) Cut to Neutral at Baird. Corning Inc. (NYSE: GLW) Started as Buy at Jefferies. F5 Networks (NASDAQ: FFIV) Cut to Market [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 11 Dec 2009 | 5:46 am Recession Buster: McDonald’s (MCD) To Offer Breakfast For $1The McDonald’s (NYSE:MCD) Dollar Meal has found a new home in the morning. A number of press reports quote the fast food chain management as saying that it will offer $1 breakfast meals beginning early in 2010. McDonald’s most recent domestic sales figures show that its same-store sales have stopped growing. The new $1 AM menu [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 11 Dec 2009 | 4:23 am A New Sovereign Debt Problem: IMF Stops Payments To UkraineThe IMF has grown tired of increasing government spending in Ukraine. The agency had agreed to loan the nation $16.8 billion to offset its large national deficits. It is now withholding the latest $3.5 billion installment. The nation desperately needs the capital. According to The New York Times, “The monetary fund has forecast that Ukraine’s [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 11 Dec 2009 | 3:57 am People vs. Car Alarm
Source: Business Pundit | 11 Dec 2009 | 3:22 am
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