Saudi billionaire eyes new links with News Corp.

A Saudi billionaire whose investment firm is one of the biggest stakeholders in Citigroup and News Corp. says he is looking to expand alliances with the media giant. Prince Alwaleed bin...
Source: RSS feed - channel BNewsBusiness | 17 Jan 2010 | 2:51 am

Apple turns up heat in Nokia battle

HELSINKI (Reuters) - Nokia said it would defend itself vigorously against Apple's new complaint to the United States International Trade Commission.

Source: Reuters: Business News | 17 Jan 2010 | 2:35 am

Apple turns up heat in Nokia battle with ITC filing

HELSINKI (Reuters) - Nokia said it would defend itself vigorously against Apple's new complaint to the United States International Trade Commission.
Source: RSS feed - channel BNewsBusiness | 17 Jan 2010 | 2:30 am

Google denies leaving China, seeks negotiations (Reuters)

Reuters - Google Inc enters a second week of high stakes brinkmanship with China's government, amid speculation the firm has decided to pull out of the world's biggest Internet market over cyber-spying concerns.
Source: Yahoo! News: Business | 17 Jan 2010 | 1:49 am

Google denies leaving China, seeks negotiations

SHANGHAI (Reuters) - Google Inc enters a second week of high stakes brinkmanship with China's government, amid speculation the firm has decided to pull out of the world's biggest Internet market over cyber-spying concerns.

Source: Reuters: Business News | 17 Jan 2010 | 1:49 am

Mortgage lenders exploit a loophole in HUD's new 'good faith estimate' rules

Many are sidestepping the legal requirements for accurate disclosures of fees and settlement charges by using 'work sheets' and 'loan scenario' forms. ...
Source: RSS feed - channel BNPaperBusiness | 17 Jan 2010 | 1:00 am

Aetna reinstates customer who made $64 error

Los Angeles resident Stacey Owens found out after a recent doctor's visit that her health insurer, Aetna, had canceled her coverage, ostensibly because she'd missed a monthly payment.
Source: RSS feed - channel BNPaperBusiness | 17 Jan 2010 | 1:00 am

Are pilots flying beyond their limits?

Long shifts and multiple flights can take their toll, a pilot for a regional airline says. In recent years, fatigue has been cited as a likely factor in four crashes.

Halfway through his 13-hour shift, the Pinnacle Airlines pilot was already tired. After landing in Indianapolis, he headed to the terminal to catch a quick nap during a three-hour layover.



Source: L.A. Times - Business | 17 Jan 2010 | 1:00 am

How I Made It: Vahid Sapir

Hollywood tour operator knows where the stars live. The gig: President of Starline Tours and Tourcoach International. Starline Tours is...
Source: RSS feed - channel BNPaperBusiness | 17 Jan 2010 | 1:00 am

Mortgage lenders exploit a loophole in HUD's new 'good faith estimate' rules

Many are sidestepping the legal requirements for accurate disclosures of fees and settlement charges by using 'work sheets' and 'loan scenario' forms.

The federal government's efforts to eliminate settlement cost surprises for home mortgage applicants may have opened the door to a new -- and potentially costly -- set of consumer problems.



Source: L.A. Times - Business | 17 Jan 2010 | 1:00 am

Money Makeover: Station fire causes financial disaster for Big Tujunga homeowner

Bronwen Aker is forced to move out because of the threat of flooding and may have to sell the house, which has been in her family for decades.

Fire and the resultant threat of flooding and mudslides forced Bronwen Aker from her family's longtime home in the Big Tujunga Wash -- and devastated her finances.



Source: L.A. Times - Business | 17 Jan 2010 | 1:00 am

Shortcuts and other smart advice for filling out federal student aid form

Don't assume you're too rich. The process can be less onerous if you avoid the pitfalls. If you have a child headed...
Source: RSS feed - channel BNPaperBusiness | 17 Jan 2010 | 1:00 am

Homes on the market: West Covina

1557 Park Vista Way, No. 32, West Covina 91791
Source: RSS feed - channel BNPaperBusiness | 17 Jan 2010 | 1:00 am

U.S. offers special homeowner benefits to military personnel

Servicemen and women have an extra year to qualify for tax credits for buyers. The government also helps owners who must sell their houses for less than what they owe.

The United States tries to take care of its warriors, a tradition that Congress has continued in little-known sections of the latest home buyer tax credit legislation and one of the government's main programs to help military owners who must sell their houses for less than what they owe.



Source: L.A. Times - Business | 17 Jan 2010 | 1:00 am

Couple's big age difference affects retirement planning

Dear Liz: My husband is quite a bit older than I (about 18 years). When we married, we agreed that we should put all our savings into joint funds and into his retirement accounts. Our thought was that...
Source: RSS feed - channel BNPaperBusiness | 17 Jan 2010 | 1:00 am

Couple's big age difference affects retirement planning

Dear Liz: My husband is quite a bit older than I (about 18 years). When we married, we agreed that we should put all our savings into joint funds and into his retirement accounts. Our thought was that since I'm younger, we'd have much earlier access to retirement money by funneling it into his retirement accounts (as opposed to mine), and that it was unfair for me to sock away money that he may never have access to.



Source: L.A. Times - Business | 17 Jan 2010 | 1:00 am

Homes on the market: West Covina

1557 Park Vista Way, No. 32, West Covina 91791



Source: L.A. Times - Business | 17 Jan 2010 | 1:00 am

Shortcuts and other smart advice for filling out federal student aid form

Don't assume you're too rich. The process can be less onerous if you avoid the pitfalls.

If you have a child headed to college or headed back to college, you have an onerous job to do this month. It's time to fill out federal financial aid forms, preferably online.



Source: L.A. Times - Business | 17 Jan 2010 | 1:00 am

Money Makeover: Station fire causes financial disaster for Big Tujunga homeowner

Bronwen Aker is forced to move out because of the threat of flooding and may have to sell the house, which has been in her family for decades. ...
Source: RSS feed - channel BNPaperBusiness | 17 Jan 2010 | 1:00 am

Are pilots flying beyond their limits?

Long shifts and multiple flights can take their toll, a pilot for a regional airline says. In recent years, fatigue has been cited as a likely factor in four crashes. ...
Source: RSS feed - channel BNPaperBusiness | 17 Jan 2010 | 1:00 am

Beverly Hills midcentury modern is a study in light and geometry

This 1959 Trousdale Estates house has been owned by celebrities including singer-actress Lauryn Hill and radio personality Tom Joyner. ...
Source: RSS feed - channel BNPaperBusiness | 17 Jan 2010 | 1:00 am

Beverly Hills midcentury modern is a study in light and geometry

This 1959 Trousdale Estates house has been owned by celebrities including singer-actress Lauryn Hill and radio personality Tom Joyner.

Could it be that when singer-actress Lauryn Hill covered the classic "Can't Take My Eyes Off of You" she was actually paying tribute to the sweeping coastal and city views from the home she owned in Beverly Hills' Trousdale Estates?



Source: L.A. Times - Business | 17 Jan 2010 | 1:00 am

Aetna reinstates customer who made $64 error

Los Angeles resident Stacey Owens found out after a recent doctor's visit that her health insurer, Aetna, had canceled her coverage, ostensibly because she'd missed a monthly payment.



Source: L.A. Times - Business | 17 Jan 2010 | 1:00 am

U.S. offers special homeowner benefits to military personnel

Servicemen and women have an extra year to qualify for tax credits for buyers. The government also helps owners who must sell their houses for less than what they owe. ...
Source: RSS feed - channel BNPaperBusiness | 17 Jan 2010 | 1:00 am

How I Made It: Vahid Sapir

Hollywood tour operator knows where the stars live.

The gig: President of Starline Tours and Tourcoach International. Starline Tours is one of the largest and oldest tour companies in Southern California, offering bus tours of celebrity homes and entertainment attractions. Combined, the two companies operate 150 buses and employ about 250 workers.



Source: L.A. Times - Business | 17 Jan 2010 | 1:00 am

Mazda and Ford to dissolve China JV: report

TOKYO (Reuters) - Mazda Motor Corp and Ford Motor Co will dissolve their joint venture in China by 2012, a move that would further weaken the tie between the two automakers, Japan's...
Source: RSS feed - channel BNewsBusiness | 17 Jan 2010 | 12:53 am

Mazda and Ford to dissolve China JV: report

TOKYO (Reuters) - Mazda Motor Corp and Ford Motor Co will dissolve their joint venture in China by 2012, a move that would further weaken the tie between the two automakers, Japan's Nikkei business daily reported on Sunday.

Source: Reuters: Business News | 17 Jan 2010 | 12:53 am

New emails show AIG mulled bank payment disclosures (Reuters)

Reuters - The New York Federal Reserve Bank actively worked with bailed out insurer AIG to build a case against disclosing details of AIG's payments to banks just days after the insurer considered making them public, documents released late on Saturday showed.
Source: Yahoo! News: Business | 16 Jan 2010 | 11:43 pm

New emails show AIG mulled bank payment disclosures

WASHINGTON (Reuters) - The New York Federal Reserve Bank actively worked with bailed out insurer AIG to build a case against disclosing details of AIG's payments to banks just days after the insurer considered making them public, documents released late on Saturday showed.

Source: Reuters: Business News | 16 Jan 2010 | 11:43 pm

New emails show AIG mulled bank payment disclosures

WASHINGTON (Reuters) - The New York Federal Reserve Bank actively worked with bailed out insurer AIG to build a case against disclosing details of AIG's payments to banks just days after...
Source: RSS feed - channel BNewsBusiness | 16 Jan 2010 | 11:43 pm

U.S. accuses J&J of kickback scheme with Omnicare (Reuters)

Reuters - The Justice Department accused giant pharmaceutical company Johnson & Johnson of paying tens of millions of dollars in kickbacks to Omnicare Inc to buy and recommend J&J drugs.
Source: Yahoo! News: Business | 16 Jan 2010 | 11:32 pm

U.S. accuses J&J of kickback scheme with Omnicare

WASHINGTON/NEW YORK (Reuters) - The Justice Department accused giant pharmaceutical company Johnson & Johnson of paying tens of millions of dollars in kickbacks to Omnicare Inc to buy and recommend J&J drugs.

Source: Reuters: Business News | 16 Jan 2010 | 11:32 pm

U.S. accuses J&J of kickback scheme with Omnicare

WASHINGTON/NEW YORK (Reuters) - The Justice Department accused giant pharmaceutical company Johnson & Johnson of paying tens of millions of dollars in kickbacks to Omnicare Inc to buy
Source: RSS feed - channel BNewsBusiness | 16 Jan 2010 | 11:32 pm

Cadbury investors look for higher Kraft bid

LONDON (Reuters) - Some of Cadbury's biggest shareholders, led by Legal & General, continued to reject Kraft Foods' 10.5 billion pound ($17.2 billion) bid and will look for an increased offer over the next four days.

Source: Reuters: Business News | 16 Jan 2010 | 11:30 pm

Earnings growth takes center stage

NEW YORK (Reuters) - Profits from top U.S. technology companies like IBM and financial companies like Goldman Sachs Group Inc next week could help stocks gain as long as investors see...
Source: RSS feed - channel BNewsBusiness | 16 Jan 2010 | 11:27 pm

Earnings growth takes center stage

NEW YORK (Reuters) - Profits from top U.S. technology companies like IBM and financial companies like Goldman Sachs Group Inc next week could help stocks gain as long as investors see room for more profit growth.

Source: Reuters: Business News | 16 Jan 2010 | 11:27 pm

Earnings growth takes center stage (Reuters)

Traders work on the floor of the New York Stock Exchange January 8, 2010. REUTERS/Shannon StapletonReuters - Profits from top U.S. technology companies like IBM and financial companies like Goldman Sachs Group Inc next week could help stocks gain as long as investors see room for more profit growth.



Source: Yahoo! News: Stock Markets News | 16 Jan 2010 | 11:27 pm

Earnings growth takes center stage (Reuters)

Traders work on the floor of the New York Stock Exchange January 8, 2010. REUTERS/Shannon StapletonReuters - Profits from top U.S. technology companies like IBM and financial companies like Goldman Sachs Group Inc next week could help stocks gain as long as investors see room for more profit growth.



Source: Yahoo! News: Business | 16 Jan 2010 | 11:27 pm

China markets set for new phase in 2010 (AFP)

Investors are seen through stock index monitors at a trading house in Shanghai. The major Chinese city's stock market is set for major changes in 2010 that could help close the gap with London and New York as it strives to become a global financial centre, analysts have said.(AFP/File/Philippe Lopez)AFP - Shanghai's stock market is set for major changes in 2010 that could help close the gap with London and New York as the Chinese city strives to become a global financial centre, analysts say.



Source: Yahoo! News: Stock Markets News | 16 Jan 2010 | 11:05 pm

Event Guru is Set to Become in a Flash a Regional Market Leader Driven by its Commitment to Deliver "Personalized Experiences"


Source: RSS feed - channel BNewsBusiness | 16 Jan 2010 | 11:00 pm

Greece faces EU grilling

Greek officials are bracing for a European Union grilling next week over faulty national statistics as the country awaits approval of a national crisis plan on its debt-hit economy. ...
Source: RSS feed - channel BNewsBusiness | 16 Jan 2010 | 10:28 pm

Teetering JAL pins hopes on management guru

Japan Airlines CEO Haruka Nishimatsu cut his pay, ate in the company cafeteria and even took the bus to work to help cut costs, but he couldn't stop the once-venerable carrier's financial...
Source: RSS feed - channel BNewsBusiness | 16 Jan 2010 | 10:12 pm

Subsidies prop up cotton country through downturn

The white puff of cotton blooms cover Missouri's Bootheel at harvest, filling both tiny planter boxes outside a Super 8 motel's front door and nearby thousand-acre spreads. "Thank goodness...
Source: RSS feed - channel BNewsBusiness | 16 Jan 2010 | 10:01 pm

Texting raises $7 million for Haiti

Donations via text message raised $7 million for the American Red Cross's Haiti relief efforts as of 11 p.m. Thursday.
Source: Business and financial news - CNNMoney.com | 16 Jan 2010 | 7:35 pm

Avoid the 6 biggest investing mistakes

Even the most sophisticated investors often make these fundamental errors - thereby wreaking havoc on their portfolios. Don't be one of them.
Source: Business and financial news - CNNMoney.com | 16 Jan 2010 | 6:58 pm

The Amazon.com of medical marijuana

Entrepreneur John Lee thinks the pot business is ready for its own Amazon.com.
Source: Business and financial news - CNNMoney.com | 16 Jan 2010 | 6:57 pm

7 major tax changes

The president and Congress are batting around ideas with budgets and voters in mind. Here's what you need to know.
Source: Business and financial news - CNNMoney.com | 16 Jan 2010 | 6:55 pm

Loan modifications: 66,465 ... and counting

Intense pressure from the Obama administration spurred loan servicers to ramp up the amount of permanent modifications they offered to troubled borrowers.
Source: Business and financial news - CNNMoney.com | 16 Jan 2010 | 6:55 pm

French in takeover talks with International Power

FRANCE’s state-controlled power giant GDF Suez has made a takeover approach to International Power, the £5 billion energy group.


Source: Latest Business News from Times Online | 16 Jan 2010 | 5:01 pm

Humble pie for Eurostar chief Richard Brown

RICHARD BROWN, chief executive of Eurostar, has taken pre-emptive action ahead of an independent inquiry into the fiasco that trapped thousands of rail passengers in the Channel tunnel before Christmas.


Source: Latest Business News from Times Online | 16 Jan 2010 | 5:01 pm

Fears of inflation surge played down

BRITAIN’s inflation surge, to be revealed in figures this week, will be short-lived, according to a new forecast from the Ernst & Young Item club, which works with the Treasury model.


Source: Latest Business News from Times Online | 16 Jan 2010 | 5:01 pm

Don’t forget the money, honey

THE Honey Monster is swapping his T-shirt for pinstripes and a bowler. The company behind Sugar Puffs, the breakfast cereal that features the Honey Monster in its advertisements, is planning to join the stock market. It is to float on AIM in a move that could value the business at more than £75m.


Source: Latest Business News from Times Online | 16 Jan 2010 | 5:01 pm

Sir Fred Goodwin banks on old pal for new job

SIR FRED GOODWIN has an old friend to thank for his return to the labour force this weekend. The former RBS boss is to be an adviser at RMJM, the architectural practice responsible for the Scottish parliament building, which went 10 times over budget.


Source: Latest Business News from Times Online | 16 Jan 2010 | 5:01 pm

If exports don’t bounce neither will the economy

It is the big question after any recession. Where will the growth come from? A big part of the answer, this time at least, has to be from exports.


Source: Latest Business News from Times Online | 16 Jan 2010 | 5:01 pm

Investor races to the rescue of games group Codemasters

THE computer games maker Codemasters is close to securing a cash injection after expansion plans and tough trading left it short of money. The company behind Operation Flashpoint, The Lord of the Rings and Colin McRae: Dirt 2 will shortly announce a new investor as part of efforts to rebuild its balance sheet, writes James Ashton.


Source: Latest Business News from Times Online | 16 Jan 2010 | 5:01 pm

There’s money in the Bunny

What tempts a man to leave the top job at one business, and take another at a loss-making company a third of the size? Let’s call it the Playboy effect.


Source: Latest Business News from Times Online | 16 Jan 2010 | 5:01 pm

More hedge fund traders join rush to Geneva

THE UK’s third-largest hedge fund, Bluecrest, will move 50 of its highest-earning traders and fund managers to its new office in Geneva before the 50% income tax on high-earners kicks in on April 6.


Source: Latest Business News from Times Online | 16 Jan 2010 | 5:01 pm

Message to Kraft: time to step up or ship out

One thing stands between Irene Rosenfeld, chief executive of Kraft, and her ambition to take over Cadbury — price. With only two days left before Tuesday’s final bid deadline, it is unusual for there to be such a big disparity between what the potential buyer of the business is prepared to offer and the price at which the owner will sell.


Source: Latest Business News from Times Online | 16 Jan 2010 | 5:01 pm

Clinton lands in Haiti, pledges cooperative effort (AP)

U.S. Sec. of State Hillary Clinton, third left, talks with U.S. Ambassador to Haiti Kenneth Merten, second left, upon arrival to the airport ahead of a meeting with aid workers and Haiti's President Rene Preval in Port-au- Prince, Haiti, Saturday, Jan. 16, 2010. (AP Photo/Julie Jacobson)AP - U.S. Secretary of State Hillary Rodham Clinton met Saturday with Haitian President Rene Preval and promised that U.S. quake relief efforts would be closely coordinated with local officials.



Source: Yahoo! News: Stock Markets News | 16 Jan 2010 | 4:36 pm

Goldmans to tell staff: give to charity

Goldman Sachs will top a list of Wall Street giants delivering a combined profit of almost $25bn (£15.3bn) this week.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 16 Jan 2010 | 3:10 pm

NewsWatch: U.S. stocks next week: Citi, Google and healthcare

After a rocky start to the earnings reporting season rattled U.S stocks, results from big banks, Google, Inc. and bellwethers such as General Electric will help determine if markets in the week ahead find a smoother path



Source: MarketWatch.com - Top Stories | 16 Jan 2010 | 3:05 pm

Cadbury bid battle: sweeten offer investors tell Kraft

Key Cadbury investors have told Kraft that it will have to raise its bid for the confectioner to 850p a share if it is to have any hope of a successful bid.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 16 Jan 2010 | 2:20 pm

Pets at Home does flotation exercise

Pets At Home has launched the first stage of a stock market flotation, should its private equity owner Bridgepoint choose not to sell the business.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 16 Jan 2010 | 2:18 pm

Ex-Dragon damns UK stance on enterprise

Doug Richard, the entrepreneur and former Dragons' Den panellist who chaired the Conservatives' small business task force, is to call for a complete overhaul of Government support for small and medium-sized enterprises.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 16 Jan 2010 | 2:17 pm

Tullow exercises rights over Heritage assets

Tullow Oil will today pounce on rival Heritage Oil's $1.35bn (£829m) Ugandan assets that it is in the process of selling to Italy's ENI.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 16 Jan 2010 | 2:16 pm

Starbucks looks beyond US for instant result

Coffee giant Starbucks will deliver its best quarterly figures in two years this week as Howard Schultz travels to London to begin a European charm offensive.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 16 Jan 2010 | 2:12 pm

M&B: Cable leads MPs into boardroom row

Vince Cable, the Liberal Democrat shadow Treasury spokesman, has waded into the furore surrounding Mitchells & Butlers by suggesting the Takeover Panel had insufficient powers to investigate concert party claims at the embattled pub group.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 16 Jan 2010 | 2:11 pm

Eurostar pays out over Tunnel chaos

Eurostar is expected to pay out up to £10m in compensation to passengers after travel chaos at Christmas saw five trains break down in the Channel Tunnel.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 16 Jan 2010 | 2:10 pm

Ofwat ruling puts utility jobs at risk


Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 16 Jan 2010 | 2:09 pm

City has been damaged by banking mistakes

Standard Chartered chief Peter Sands admits that London is suffering as a global capital because of mistakes that were made in banking regulation and the recent bonus tax.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 16 Jan 2010 | 1:58 pm

UN appeals for $560m in Haiti aid

The United Nations is making an appeal for $562m to alleviate the catastrophe wreaked by the earthquake that struck Haiti
Source: Financial Times - US homepage | 16 Jan 2010 | 1:22 pm

Weekend Investor: Why your index fund may be costing you money

Individual investors are often told that index-linked funds are better for them than actively managed offerings. That may be true, but index funds carry their own risks that can catch the unsuspecting.



Source: MarketWatch.com - Top Stories | 16 Jan 2010 | 1:09 pm

Stocks to Watch: Stocks in focus for Tuesday

Among the companies whose shares are expected to see active trading when markets re-open Tuesday after the Martin Luther King Jr. Day holiday are IBM, Citigroup and CSX.



Source: MarketWatch.com - Top Stories | 16 Jan 2010 | 1:05 pm

Hesitant Wall Street looks for more recovery evidence (AFP)

A sign for Wall Street is seen in New York. Wall Street, hesitant about the pace of recovery, gets a fresh batch of corporate earnings and economic data in the coming week that may help set the tone for a skittish market.(AFP/File/Timothy A. Clary)AFP - Wall Street, hesitant about the pace of recovery, gets a fresh batch of corporate earnings and economic data in the coming week that may help set the tone for a skittish market.



Source: Yahoo! News: Stock Markets News | 16 Jan 2010 | 1:03 pm

Supermarkets look for fresh start in 2010

Supermarket chains, ground down by a year of price wars aimed at keeping hard-pressed customers, are starting 2010 wondering how much longer they can go without further harming their share prices.



Source: MarketWatch.com - Top Stories | 16 Jan 2010 | 12:46 pm

Bonus backlash: Boon for investors?

Thanks to the outcry against Wall Street pay, bank shareholders are in line for a little bonus of their own.
Source: Business and financial news - CNNMoney.com | 16 Jan 2010 | 12:43 pm

When a home energy audit pays


Source: Business and financial news - CNNMoney.com | 16 Jan 2010 | 12:41 pm

O'Brien, NBC hammering out details of his exit

Deal expected by end of weekend, according to media reports.



Source: MarketWatch.com - Top Stories | 16 Jan 2010 | 12:28 pm

Surprise: Recessions don't spark startups

Think recessions spur laid-off workers to launch new ventures? Think again.
Source: Business and financial news - CNNMoney.com | 16 Jan 2010 | 12:21 pm

$8,000 tax credit: No e-file, long delays

Good news homebuyers: You can file for your $8,000 first-time buyer tax credit again.
Source: Business and financial news - CNNMoney.com | 16 Jan 2010 | 12:19 pm

Obama confident proposed bank fee will become law

President uses weekly Internet address to build su;port for controversial plan.



Source: MarketWatch.com - Top Stories | 16 Jan 2010 | 11:06 am

Obama taps Bush, Clinton to raise funds for Haiti

President's precedessors establish Website to accept donations.



Source: MarketWatch.com - Top Stories | 16 Jan 2010 | 10:07 am

NewsWatch: U.S. stocks next week: Citi, Google and healthcare

After a rocky start to the earnings reporting season rattled U.S stocks, results from big banks, Google, Inc. and bellwethers such as General Electric will help determine if markets in the week ahead find a smoother path



Source: MarketWatch.com - Top Stories | 16 Jan 2010 | 10:00 am

Fresh blow to Karzai’s cabinet

Afghanistan’s parliament dealt President Hamid Karzai a fresh rebuff by rejecting the bulk of a revised list of cabinet nominees he had submitted after his first choices were largely vetoed
Source: Financial Times - US homepage | 16 Jan 2010 | 9:33 am

Federal mortgage modification plan disappointing so far (The Christian Science Monitor)

The Christian Science Monitor - The Obama administration announced Friday that its much-lauded mortgage modification plan has had a disappointing start, helping far fewer Americans stay in their homes than originally hoped.
Source: Yahoo! News: Business | 16 Jan 2010 | 9:28 am

After Google, Wireless Carrier Price Wars Pick Up (GOOG, DT, VZ, T, S, AAPL, RIMM, PALM, NOK, ERIC)

There was one issue which concerned us the most after Google Inc. (NASDAQ: GOOG) entered the smartphone market, and that was that this might create a race to zero via an old-fashioned price war.  Not just at the level of those who make smartphones, but also on the carrier side.  When the smartphone makers start [...]

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Source: 24/7 Wall St. | 16 Jan 2010 | 9:02 am

Guru deals to stuffy bankers

Seeing bad banking relationships needlessly driving businesses to the wall prompted Sarah Lochead-MacMillan to leave her high-powered job at the country's biggest bank to crusade for customers.Last year, as the global finance...
Source: nzherald.co.nz - Business | 16 Jan 2010 | 9:00 am

Fresh paint can be drawcard

Making over the exterior when renting or selling a home can determine whether a potential buyer or tenant drives by never to return or stops to look further.Jane Eyles-Bennett of Hotspace Consultants says you don't need to spend...
Source: nzherald.co.nz - Business | 16 Jan 2010 | 9:00 am

Diversify and prosper

In the past two years, investors lost a lot of money through finance company failures. Much loss was avoidable.These investors made the mistake of failing to diversify their investments. Diversification within an asset class,...
Source: nzherald.co.nz - Business | 16 Jan 2010 | 9:00 am

Editorial : Card charges make users pay

Credit card giant Visa risks underestimating the intelligence of the public when it says that surcharges for credit card payments are "harmful to consumers".The new regime, which allows card charges to be passed on to customers,...
Source: nzherald.co.nz - Business | 16 Jan 2010 | 9:00 am

For sale: glam pad or two

One of Auckland's most luxurious apartments is back on the market - and may be split into two to attract potential buyers.Property developer David Henderson's iconic 888sq m penthouse on the eighth floor of the Hilton hotel has...
Source: nzherald.co.nz - Business | 16 Jan 2010 | 9:00 am

Bernard Hickey : Flight from top hits bottom line

One overlooked aspect of the New Zealand brain drain of the past decade is the quality of management running our companies. Policymakers worry about losing skilled workers such as doctors, engineers, nurses, teachers and truck...
Source: nzherald.co.nz - Business | 16 Jan 2010 | 9:00 am

Fraud fear blocks Haiti donations

Some online donations to help victims of the earthquake in Haiti are being wrongly blocked by banks as fraudulent.
Source: BBC News | Business | World Edition | 16 Jan 2010 | 8:02 am

NewsWatch: Stocks post worst one-day drop of 2010

Stocks suffer the worst one-day decline of 2010 so far, led by the financial sector, which drops after J.P. Morgan Chase's announcement of weaker-than-expected revenue and a glum outlook.



Source: MarketWatch.com - Top Stories | 16 Jan 2010 | 7:05 am

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

In case you missed them, here are the top 10 Personal Finance stories from MarketWatch for the week of Jan. 11-15:



Source: MarketWatch.com - Top Stories | 16 Jan 2010 | 6:00 am

Another Blow To Housing: US Mortgage Plan Fails

The US government plans to put as much as $75 billion into programs to keep people in their homes and stanch the flow of mortgage delinquencies and foreclosures. The intention behind the plans is to build a safety net under home price by reducing the odds that people will default on their home loans and abandon their [...]

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Source: 24/7 Wall St. | 16 Jan 2010 | 5:49 am

Obama chides banks' "audacity" for fighting fee

WASHINGTON (Reuters) - President Barack Obama on Saturday slammed Wall Street's "audacity" for fighting a bailout fee he wants to slap on financial firms and said his Republican opponents had sided with big banks.

Source: Reuters: Business News | 16 Jan 2010 | 4:04 am

Taiwan to allow Chinese investment in bourse (AP)

AP - Taiwan will allow China's institutional investors to invest up to $500 million in the island's stock market, the government said Saturday, in its latest step to relax control on trade and investment with its rival.
Source: Yahoo! News: Stock Markets News | 16 Jan 2010 | 3:42 am

JAL agrees tie-up deal with Delta: report (Reuters)

A Japan Airlines aircraft travels on a runway as Mount Fuji is seen in the background at Haneda airport in Tokyo January 15, 2010. REUTERS/Issei KatoReuters - Japan Airlines (JAL) has agreed on a tie-up with Delta Air Lines that will mean JAL joins the SkyTeam airline alliance, dropping its membership of the Oneworld alliance, a Japanese newspaper said on Saturday.



Source: Yahoo! News: Business | 16 Jan 2010 | 2:07 am

JAL agrees tie-up deal with Delta: report

TOKYO (Reuters) - Japan Airlines (JAL) has agreed on a tie-up with Delta Air Lines that will mean JAL joins the SkyTeam airline alliance, dropping its membership of the Oneworld alliance, a Japanese newspaper said on Saturday.

Source: Reuters: Business News | 16 Jan 2010 | 2:07 am