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US vows to track down suspected UBS tax cheatsAmerica insisted that it would obtain the names of offshore tax cheats despite a Swiss court’s decision today to block the handover of information on 26 UBS customers to the US. Source: Latest Business News from Times Online | 23 Jan 2010 | 2:56 pm RBS struggles with US sale as Sempra is hit by Obama plansDoubts are growing about whether Royal Bank of Scotland will hit its target of selling its US trading business for $2 billion to JP Morgan Chase after America$’s proposed action against the high-risk business it specialises in. Source: Latest Business News from Times Online | 23 Jan 2010 | 2:30 pm Financial stability board welcomes Obama bank plan (Reuters)
Source: Yahoo! News: Business News | 23 Jan 2010 | 3:34 am Financial stability board welcomes Obama bank planZURICH (Reuters) - The Financial Stability Board (FSB), charged by the G20 to coordinate national regulation in response to the financial crisis, on Saturday welcomed U.S. proposals to limit banks' size and trading activities.Source: Reuters: Business News | 23 Jan 2010 | 3:34 am Engine had problem on A400M maiden flight: reportBERLIN (Reuters) - The Airbus A400M had an engine problem on its maiden flight last month, German magazine Spiegel said in an article on Saturday, citing documents from engine maker Europrop.Source: Reuters: Business News | 23 Jan 2010 | 3:15 am Engine had problem on A400M maiden flight: reportBERLIN (Reuters) - The Airbus A400M had an engine problem on its maiden flight last month, German magazine Spiegel said in an article on Saturday, citing documents from engine maker...Source: RSS feed - channel BNewsBusiness | 23 Jan 2010 | 3:15 am Saudi Zain in credit talks after missing commitmentsRIYADH (Reuters) - Zain Saudi Arabia , the kingdom's newest mobile phone operator, said on Saturday it is in talks with lenders after missing some commitments last year on a two-year $2.5-billion Islamic loan.Source: Reuters: Business News | 23 Jan 2010 | 3:13 am Saudi Zain in credit talks after missing commitmentsRIYADH (Reuters) - Zain Saudi Arabia , the kingdom's newest mobile phone operator, said on Saturday it is in talks with creditors after it did not honor some commitments last year linked toSource: RSS feed - channel BNewsBusiness | 23 Jan 2010 | 1:15 am Occidental Petroleum and partners to develop massive Iraqi oil fieldThe Westwood company joins Eni and Korea Gas in signing a contract for the 4-billion-barrel Zubair field. Baghdad is expected to finalize more deals this month in its bid to rival Saudi Arabia. ...Source: RSS feed - channel BNPaperBusiness | 23 Jan 2010 | 1:00 am Hollywood writers' age-discrimination case settledA decade-old legal battle comes to an end as 17 major networks and production studios, along with seven talent agencies, agree to pay $70 million to thousands of writers.A long and winding legal battle that raised uncomfortable questions about Hollywood's treatment of middle-aged and older TV writers was settled Friday, a decade after a class-action lawsuit alleged they were the victims of widespread age discrimination.
Source: L.A. Times - Business | 23 Jan 2010 | 1:00 am Dow Jones industrial average posts triple-digit loss for third straight dayThe stock market sank into its worst three-day slide Friday since the depths of last year's financial crisis as investors fretted about President Obama's bank regulation plan and Ben S. Bernanke's future...Source: RSS feed - channel BNPaperBusiness | 23 Jan 2010 | 1:00 am Housing bust keeps consuming California jobsConstruction and related industries take a big hit in 2009. Payrolls shrink again in December, though the unemployment rate stays at 12.4%. ...Source: RSS feed - channel BNPaperBusiness | 23 Jan 2010 | 1:00 am Dow Jones industrial average posts triple-digit loss for third straight dayThe stock market sank into its worst three-day slide Friday since the depths of last year's financial crisis as investors fretted about President Obama's bank regulation plan and Ben S. Bernanke's future as chairman of the Federal Reserve.
Source: L.A. Times - Business | 23 Jan 2010 | 1:00 am Bond investors, pay attention to EuropeAmericans bought bonds in record sums last year. Most did so because they were looking not for excitement, but rather for a place to hide.Source: RSS feed - channel BNPaperBusiness | 23 Jan 2010 | 1:00 am Hollywood writers' age-discrimination case settledA decade-old legal battle comes to an end as 17 major networks and production studios, along with seven talent agencies, agree to pay $70 million to thousands of writers. ...Source: RSS feed - channel BNPaperBusiness | 23 Jan 2010 | 1:00 am Healthcare displaces information technology as favorite of venture capitalists, report saysThe shift is a first, but figures from Dow Jones VentureSource show investments overall fell last year. Information...Source: RSS feed - channel BNPaperBusiness | 23 Jan 2010 | 1:00 am Auto sales predictions for January are mixedForecasts by three research firms range from 659,000 units sold to 728,000. Three auto industry research firms...Source: RSS feed - channel BNPaperBusiness | 23 Jan 2010 | 1:00 am More airline passengers getting bumpedCarriers trying to fill planes to the max routinely overbook flights to account for no-shows, leaving some travelers without seats. But those bumped passengers have rights. ...Source: RSS feed - channel BNPaperBusiness | 23 Jan 2010 | 1:00 am Billboards expose Oracle executive's affairCo-President Charles Phillips, confronted with three-story-tall evidence, confesses. A prominent Silicon Valley...Source: RSS feed - channel BNPaperBusiness | 23 Jan 2010 | 1:00 am After seven months, Conan says farewell'Like everything in life, the fun has to come to an end a decade too early,' the comic tells his 'Tonight Show' audience. His negotiated -- and expensive -- exit clears the way for Jay Leno's return. ...Source: RSS feed - channel BNPaperBusiness | 23 Jan 2010 | 1:00 am Auto sales predictions for January are mixedForecasts by three research firms range from 659,000 units sold to 728,000.Three auto industry research firms are projecting widely divergent new car sales for January.
Source: L.A. Times - Business | 23 Jan 2010 | 1:00 am Healthcare displaces information technology as favorite of venture capitalists, report saysThe shift is a first, but figures from Dow Jones VentureSource show investments overall fell last year.Information technology was knocked from its pedestal as the darling of venture capitalists last year, receiving fewer dollars than the healthcare industry for the first time on record, according to a report on venture capital funding.
Source: L.A. Times - Business | 23 Jan 2010 | 1:00 am Billboards expose Oracle executive's affairCo-President Charles Phillips, confronted with three-story-tall evidence, confesses.A prominent Silicon Valley executive with ties to the Obama administration has admitted to an extramarital affair after his former mistress plastered romantic pictures of the two of them on giant billboards in three major cities.
Source: L.A. Times - Business | 23 Jan 2010 | 1:00 am Occidental Petroleum and partners to develop massive Iraqi oil fieldThe Westwood company joins Eni and Korea Gas in signing a contract for the 4-billion-barrel Zubair field. Baghdad is expected to finalize more deals this month in its bid to rival Saudi Arabia.Occidental Petroleum Corp. said Friday that it and two major partners -- Italian energy conglomerate Eni and Korea Gas Corp. -- had signed a technical service contract to develop the massive 4-billion-barrel Zubair oil field in Iraq.
Source: L.A. Times - Business | 23 Jan 2010 | 1:00 am After seven months, Conan says farewell'Like everything in life, the fun has to come to an end a decade too early,' the comic tells his 'Tonight Show' audience. His negotiated -- and expensive -- exit clears the way for Jay Leno's return.After two weeks of frantic backroom maneuvers and withering on-air broadsides, NBC's struggle with Conan O'Brien came to a close Friday evening. The comic signed off after less than eight months as host of "The Tonight Show," leaving a once-venerable late-night franchise hobbled by corporate missteps and changing audience dynamics.
Source: L.A. Times - Business | 23 Jan 2010 | 1:00 am Housing bust keeps consuming California jobsConstruction and related industries take a big hit in 2009. Payrolls shrink again in December, though the unemployment rate stays at 12.4%.California employers cut more workers in December, capping a dismal year in which the state lost more than half a million jobs.
Source: L.A. Times - Business | 23 Jan 2010 | 1:00 am Bond investors, pay attention to EuropeAmericans bought bonds in record sums last year. Most did so because they were looking not for excitement, but rather for a place to hide.
Source: L.A. Times - Business | 23 Jan 2010 | 1:00 am More airline passengers getting bumpedCarriers trying to fill planes to the max routinely overbook flights to account for no-shows, leaving some travelers without seats. But those bumped passengers have rights.Based on the numbers, America's major airlines are doing a better job of getting us to our destinations on time and with our luggage in tow -- assuming we can get on the flights.
Source: L.A. Times - Business | 23 Jan 2010 | 1:00 am Obama vows to fight for jobs in retooled message (AP)
Source: Yahoo! News: Business News | 23 Jan 2010 | 12:38 am Buy-to-let boost as demand for rented homes is up 24pcDemand for rented homes is outstripping the supply of properties available to let.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 23 Jan 2010 | 12:13 am Venezuela oil 'may double Saudis'A US study of Venezuela's oil could give the country double the reserves of current world-leader Saudi Arabia.Source: BBC News | Business | World Edition | 22 Jan 2010 | 11:49 pm Toyota's recall may spread to Europe: report (AFP)
Source: Yahoo! News: Business News | 22 Jan 2010 | 11:35 pm New bank rules unlikely to hurt big institutions (AP)
Source: Yahoo! News: Business News | 22 Jan 2010 | 10:25 pm Daniele, Inc. Voluntarily Recalls Pepper-Coated Salame ProductsSource: RSS feed - channel BNewsBusiness | 22 Jan 2010 | 10:21 pm Outside the Box: Where will the next crisis hit?It’s official: The worst of the financial crisis is over, writes Howard Gold.
Source: MarketWatch.com - Top Stories | 22 Jan 2010 | 10:01 pm MediaNews parent files for Chapter 11 protection (AP)AP - The owner of The Denver Post, San Jose Mercury News and 52 other daily newspapers filed for bankruptcy protection Friday, joining the procession of publishers choking on too much debt.Source: Yahoo! News: Business News | 22 Jan 2010 | 9:52 pm Hanmi says it made no comments about potential suitorNEW YORK, Jan 22 (Reuters) - Hanmi Financial Corp the parent of Hanmi Bank, on Friday said its chairman has spoken to Woori Finance Holdings , but added it would not comment on rumours that it was a potential...Source: RSS feed - channel BNewsBusiness | 22 Jan 2010 | 9:51 pm Columbia Bancorp Announces FDIC Receivership of Its Bank Subsidiary, Columbia River BankSource: RSS feed - channel BNewsBusiness | 22 Jan 2010 | 9:51 pm Ethiopian Airlines orders 10 Boeing 737sUS air manufacturer Boeing announced that Ethiopian Airlines has ordered 10 next-generation 737-800s, in a deal valued at 767 million dollars. Ethiopian Airlines, based in Addis Ababa,...Source: RSS feed - channel BNewsBusiness | 22 Jan 2010 | 9:38 pm WesternOne Equity Income Fund Announces Proposed Acquisition of Equipment Rental Business Based in Calgary, AlbertaSource: RSS feed - channel BNewsBusiness | 22 Jan 2010 | 9:10 pm Bernanke fate in doubt as US Senate opposition swellsPresident Barack Obama's administration scrambled to save the nomination of Federal Reserve chairman Ben Bernanke as more opposition emerged from members of the president's own party. ...Source: RSS feed - channel BNewsBusiness | 22 Jan 2010 | 8:26 pm 900 auto dealers to take on GM and ChryslerAbout 900 General Motors and Chrysler dealerships that got the ax as the Detroit giants went through bankruptcy have filed notice that they will appeal their shutdown, according to the American Arbitration Association.Source: Business and financial news - CNNMoney.com | 22 Jan 2010 | 8:15 pm Senator against Bernanke: 'Time for a change'With only a week left before Federal Reserve Chairman Ben Bernanke's term ends, the Senate lacks the 60 votes to force a confirmation vote.Source: Business and financial news - CNNMoney.com | 22 Jan 2010 | 8:05 pm Stocks: Worst day in 3 monthsStocks slumped for a third straight session Friday, on worries that the White House's bank plan and China's lending curbs will mean a broader cutback in lending.Source: Business and financial news - CNNMoney.com | 22 Jan 2010 | 7:58 pm Taxing Times: The Make Work Pay credit continues in 2010The small dollar amounts make it easy to forget that the Making Work Pay tax credit has been showing up in U.S. workers’ paychecks since about April 2009. On Friday, the IRS came out with a reminder of things to keep in mind about the tax break, which provides a refundable credit of up to $400 for individuals and up to $800 for married taxpayers filing joint returns.
Source: MarketWatch.com - Top Stories | 22 Jan 2010 | 7:52 pm Columbia Banking System Acquires Deposits and Assets of Columbia River Bank, The Dalles, OregonSource: RSS feed - channel BNewsBusiness | 22 Jan 2010 | 7:47 pm Banks shut in Fla., Mo., NM, Ore., Wash.Regulators have shut down banks in Florida, Missouri, New Mexico, Oregon and Washington, bringing to nine the number of bank failures so far in 2010, following 140 closures last year in theSource: RSS feed - channel BNewsBusiness | 22 Jan 2010 | 7:32 pm TaxWatch: A guide to five top online tax-prep sitesYou’re better off filing your tax return electronically rather than on paper in almost all instances. You’ll make fewer math and input errors, your taxpayer identification numbers are verified, and refunds come faster. The trick is to find the right software or online service to prepare your tax return.
Source: MarketWatch.com - Top Stories | 22 Jan 2010 | 6:42 pm Top Ten: MarketWatch's top stories of the week, Jan. 18-22Well, there went the year’s gains, lost in a maelstrom of selling linked to worries that the global economic engine known as China was about to reach for the brake handle.
Source: MarketWatch.com - Top Stories | 22 Jan 2010 | 6:33 pm Bernanke under pressureBen Bernanke’s prospects for a second term as chairman of the US Federal Reserve were thrown into doubt as the Obama administration scrambled to shore up faltering support among Democrats in the SenateSource: Financial Times - US homepage | 22 Jan 2010 | 6:30 pm White House fights for Bernanke support in Senate (AP)
Source: Yahoo! News: Business News | 22 Jan 2010 | 6:20 pm Obama ‘troubled’ at Google hackingWeighing into a burgeoning row that threatens to damage bilateral ties, the White House says Barack Obama is ‘troubled by the cybersecurity breach’ on Google that has been attributed to ChinaSource: Financial Times - US homepage | 22 Jan 2010 | 6:09 pm Earnings Preview: Mac, iPhone sales bolster Apple (AP)AP - Apple Inc. reports earnings for the fiscal first quarter Monday. The following is a summary of key developments and analyst opinion related to the period.Source: Yahoo! News: Business News | 22 Jan 2010 | 6:04 pm 'Avatar' could break record this weekendIt’s a bit of a stretch, but director James Cameron’s latest film could shatter the worldwide box-office record this week.
Source: MarketWatch.com - Top Stories | 22 Jan 2010 | 5:55 pm Outed by billboards, Oracle prez admits affairOracle Corp. President Charles Phillips admitted Friday to an affair first exposed on pricey billboards plastered throughout New York's Times Square, San Francisco and Atlanta.Source: Business and financial news - CNNMoney.com | 22 Jan 2010 | 5:48 pm Goldman under investigation for its securities dealings (McClatchy Newspapers)
Source: Yahoo! News: Business News | 22 Jan 2010 | 5:44 pm Canadian Markets: Canadian stocks sink lower to end weekCanadian stocks slipped Friday, with a mixed performance in mining and metals.
Source: MarketWatch.com - Top Stories | 22 Jan 2010 | 5:33 pm Stocks to Watch: Stocks in focus for MondayAmong the companies whose shares are expected to see active trading Monday are Apple, Texas Instrments, Amgen and Google.
Source: MarketWatch.com - Top Stories | 22 Jan 2010 | 5:27 pm Obama signs bill on Haiti donation tax breaks (AP)AP - Taxpayers will be able to write off charitable donations to Haiti earthquake relief efforts when they file their 2009 taxes this spring under a bill President Barack Obama signed Friday.Source: Yahoo! News: Business News | 22 Jan 2010 | 5:26 pm Google founders plan big stock saleGoogle founders Larry Page and Sergey Brin plan to sell off 5 million Google shares each over the next five years, a move that could see them surrender majority voting control over the company they created.Source: Business and financial news - CNNMoney.com | 22 Jan 2010 | 5:25 pm Europe Markets: European shares fall as banks tumbleEuropean shares Friday extend steep losses made in the pervious session as the threat of profit-hindering regulation continues to drive investors away from the banking sector.
Source: MarketWatch.com - Top Stories | 22 Jan 2010 | 5:21 pm Bank Bailout Repayments, GE, Tyco: Taking Stock PodcastSource: Bloomberg - All Podcasts | 22 Jan 2010 | 5:12 pm Google founders to sell $5.5 billion in stockSergey Brin and Larry Page, who still own nearly one-fifth of the Internet giant, intend to significantly reduce their stake by selling roughly $5.5 billion worth of stock over five years.
Source: MarketWatch.com - Top Stories | 22 Jan 2010 | 5:11 pm Stocks sink again on Obama's pushback on banks (AP)
Source: Yahoo! News: Business News | 22 Jan 2010 | 5:06 pm Stocks sink again on Obama's pushback on banks (AP)
Source: Yahoo! News: Stock Markets News | 22 Jan 2010 | 5:06 pm Heating scheme 'needs more funds'A government scheme, Warm Front, which helps vulnerable people with their heating, "needs more funding", an MP says.Source: BBC News | Business | World Edition | 22 Jan 2010 | 5:02 pm Barclays braced for £1.5bn reforms hitBarclays could lose at least £1.5 billion of trading revenues if the UK banking group is forced to curtail its activities in the wake of President Obama’s far-reaching overhaul of Wall Street risk-taking. Source: Latest Business News from Times Online | 22 Jan 2010 | 5:01 pm It is called a Little Taster, it costs £1.59, and it has given McDonald’s a record yearThe appetite for McDonald’s continues to grow, like-for-like sales in Britain enjoying a record year in 2009, the company reported yesterday. Source: Latest Business News from Times Online | 22 Jan 2010 | 5:01 pm E-Clear administrators find no trace of £100m owed to creditorsThe £100 million owed to creditors by the collapsed credit card company E-Clear has disappeared, according to administrators. Source: Latest Business News from Times Online | 22 Jan 2010 | 5:01 pm Shareholders rewarded for keeping Invensys faithThe recovery in the global economy should help Invensys to produce a strong full-year performance, despite a disappointing start to the year. Source: Latest Business News from Times Online | 22 Jan 2010 | 5:01 pm Ethics and values are vital to financial rethink, report saysThe economic crisis is also a crisis of ethics and values and must lead to a “rethink” of the moral framework around finance, according to a report to be released in Davos. Source: Latest Business News from Times Online | 22 Jan 2010 | 5:01 pm Administrator goes in again as downturn claims AdamsAdams, the children’s clothing retailer, fell into administration for the second time in a year yesterday. Source: Latest Business News from Times Online | 22 Jan 2010 | 5:01 pm Foxtons boss enjoyed 47% pay rise as estate agent slipped into the redThe chief executive of Foxtons received a 47 per cent rise in pay and perks despite the estate agent reporting a loss of £1.3 million in 2008, shedding 300 jobs and paying £3.8 million on a court case that it lost. Source: Latest Business News from Times Online | 22 Jan 2010 | 5:01 pm Our financial rulers are on another planetAmid the many topics on the agenda for this year’s gathering of politicians, business leaders and financiers in Davos is a session on little green men. Well, sort of. Dimitar Sasselov, professor of astronomy at Harvard University, will address delegates on the question of whether there is life on other planets and what that might mean for us back on Earth. Source: Latest Business News from Times Online | 22 Jan 2010 | 5:01 pm Vital Signs: Why health reform may survive Brown's winAfter a special Senate election deprived Democrats of the supermajority they needed to pass comprehensive health reform easily, the key question is will the U.S. go the way of California or Massachusetts?
Source: MarketWatch.com - Top Stories | 22 Jan 2010 | 4:52 pm Barclays to defer bonusesBarclays Bank plans to defer up to 100 per cent of top staff’s bonuses to head off criticism of bankers’ pay stoked by a bonus supertax in the UK and bumper profits on Wall StreetSource: Financial Times - US homepage | 22 Jan 2010 | 4:47 pm Google co-founders to each sell five million shares (AFP)
Source: Yahoo! News: Stock Markets News | 22 Jan 2010 | 4:47 pm Motorola in Blackberry complaintMotorola has asked US regulators to stop Blackberry owners, Research in Motion, from sales in the US.Source: BBC News | Business | World Edition | 22 Jan 2010 | 4:43 pm Options risk gauge jumps on bank, political worriesCHICAGO (Reuters) - A favorite Wall Street measure of investor anxiety surged on Friday as U.S. stocks sank on concerns over the White House's plan to rein in risk-taking by banks indicating more stock market turmoil in weeks ahead.Source: Reuters: Business News | 22 Jan 2010 | 4:25 pm Podcast: Gambling with House Money
Banks Awaiting the Latest Regulations from the White House. (Daniel Y. Go/Flikr) On today's Planet Money: We take a closer look at proprietary trading, which is under attack by the latest proposal from the Obama administration. The new banking regulations proposed by the president call for a ban on commercial banks engaging in potentially risky trades with their own funds-- or, in some cases, your funds. So we called up MIT Sloan School of Management professor Andrew Lo to shed some light on the murky world of 'prop trading', as the cool kids like to call it. Download the podcast; or subscribe. Music: Jason Derulo's "Watcha Say." Find us: Twitter/ Facebook/ Flickr. » E-Mail This » Add to Del.icio.us Source: NPR Blogs: Planet Money | 22 Jan 2010 | 4:21 pm Sky's ITV gamble may cost it £500m - but was it worth it?Think of it as a half a billion pound gamble. That's roughly how much BSkyB stands to lose, at today's prices, if it is forced to sell its 17.9pc stake in ITV. But was it a gamble worth taking? Maybe it was.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 22 Jan 2010 | 4:07 pm Latest selloff is one of several in this bull run (AP)AP - The bull market that started last March has had three stumbles, including the latest three-day selloff that cost the Standard & Poor's 500 index 5.1 percent.Source: Yahoo! News: Stock Markets News | 22 Jan 2010 | 4:01 pm Conan's exit: 'It is the right business move'The high-profile squabble that captivated late-night television for weeks comes to a close Friday, when Conan O'Brien makes his final appearance as host of "The Tonight Show."Source: Business and financial news - CNNMoney.com | 22 Jan 2010 | 4:01 pm Bank curbs, political fallout slam Wall StreetNEW YORK (Reuters) - Stocks capped their worst three-day slide in 10 months on Friday on fears the White House's plan to curb bank risk-taking would cut profits, and tech shares slumped after Google Inc's disappointing results.Source: Reuters: Business News | 22 Jan 2010 | 3:59 pm Bank curbs, political fallout slam Wall Street (Reuters)
Source: Yahoo! News: Stock Markets News | 22 Jan 2010 | 3:59 pm Two US groups bring hope with resultsMcDonald’s, the fast-food restaurant chain and General Electric a bellwether for the broader US economy, posted better-than-expected resultsSource: Financial Times - US homepage | 22 Jan 2010 | 3:40 pm Beer and a whopper: Burger King bar debutsBurger King Corp. said Friday it plans to open a Whopper Bar in the South Beach area of Miami next month.Source: Business and financial news - CNNMoney.com | 22 Jan 2010 | 3:37 pm Write-Offs: 01.22.10$$$ Hovde Capital: "General Growth Properties: Inconsistencies and Errors Square's Analysis" [PDF] $$$ Hedge Fund Manager Sues Over Airline's 'Discrimination' Policy [FINalternatives] $$$ Litterman Said to Retire From Goldman Sachs Hedge-Fund Unit [Bloomberg] $$$ The Whopper Bar [NYDN] $$$ Bloomberg Chases Rajaratnam Down After Lunch With Unidentified Woman [BI] 
 Source: Dealbreaker | 22 Jan 2010 | 3:33 pm How the major stock indexes fared on Friday (AP)AP - The stock market suffered its worst setback in more than 10 months as investors rejected President Barack Obama's plans to restrict big banks and earnings reports that just weren't good enough.Source: Yahoo! News: Stock Markets News | 22 Jan 2010 | 3:30 pm Paul Volcker: the 'big man' behind Barack Obama's bank reformUntil this week, Paul Adolph Volcker, the 82-year-old architect of President Barack Obama's latest assault on Wall Street, was not so much yesterday's man as the man of a couple of decades ago.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 22 Jan 2010 | 3:25 pm Caplin Discusses U.S. Housing, Mortgage Rates: AudioSource: Bloomberg - All Podcasts | 22 Jan 2010 | 3:07 pm Schlumberger Q4 margins irk marketNEW YORK/SAN FRANCISCO (Reuters) - Oilfield services leader Schlumberger Ltd posted a quarterly profit tarnished by weak margins, but talked of more spending by oil companies this year, including those in Iraq.Source: Reuters: Business News | 22 Jan 2010 | 3:05 pm BA will axe travel perks for cabin crew who strikeBritish Airways has warned its 12,000 cabin crew that they will be permanently stripped of their travel perks if they go on strike.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 22 Jan 2010 | 3:04 pm AIG's bailout disclosure surprised NY FedNEW YORK (Reuters) - New York Federal Reserve officials debated in November 2008 whether the terms of the bailout of American International Group could be kept secret from the public and whether securities regulators would even permit it to do so, according to emails obtained by Reuters on Friday.Source: Reuters: Business News | 22 Jan 2010 | 3:03 pm Dow plunges more than 200 points for second straight day (AFP)
Source: Yahoo! News: Stock Markets News | 22 Jan 2010 | 3:03 pm Tim Geithner Had Some Chats About The AIG Bailout He Wasn't Involved In
Tim- who will testify next week- is maintaining, he never "looked at AIG memos" and that he "wasn't involved in any AIG decisions." Actually, he doesn't even have any idea what AIG is. That talk with the big boys? Wasn't him on the phone. Now leave him alone. Go harass Ben.
Source: Dealbreaker | 22 Jan 2010 | 2:58 pm Presented By:Source: Dealbreaker | 22 Jan 2010 | 2:58 pm Prop trading in spotlight as Obama plan reverberatesWhen is a prop trade not a prop trade? Banks taking bets using their own money already had a bad name before President Barack Obama's intervention on Thursday when he demanded they should stop using "cheap money" guaranteed by taxpayers to play the markets.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 22 Jan 2010 | 2:54 pm General Electric, Morgan Stanley, AMD are 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 | 22 Jan 2010 | 2:47 pm US stocks plunge for second dayUS stocks tumble for a second consecutive day, on concern over President Obama's plan to revamp the banking industry.Source: BBC News | Business | World Edition | 22 Jan 2010 | 2:47 pm What is proprietary trading?We explain the risky bank transactions which Barack Obama wants reformed.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 22 Jan 2010 | 2:45 pm Barack Obama bank reforms: Trying to fix a broker societyFor careful observers of the White House's back door, investment banks' day of reckoning wasn't a complete surprise.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 22 Jan 2010 | 2:40 pm UK rejects Barack Obama's bank reformsLord Myners has ruled out Britain adopting President Barack Obama's radical banking reforms in what could amount to a fillip for the City of London.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 22 Jan 2010 | 2:30 pm Russia's economy back on its feet (AP)
Source: Yahoo! News: Stock Markets News | 22 Jan 2010 | 2:21 pm Britain could benefit from Obama bank reform, but only after the dust settlesTough thing, bank re-invention. "Banks have a new image," Alan King once observed. "Now you have 'a friend', your friendly banker. If the banks are so friendly, how come they chain down the pens?"Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 22 Jan 2010 | 2:20 pm Sir David Rowlands joins Angel with no regretsRobbie Williams got it. One minute you're at the heart of power: permanent secretary at the transport department. Next you're like the crooner himself as you "sit and wait", wondering "does an angel contemplate my fate"?Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 22 Jan 2010 | 2:19 pm ETFs Take Over From Mutual Funds as Inflows Surge: AudioSource: Bloomberg - All Podcasts | 22 Jan 2010 | 2:17 pm Wilshire Bancorp Raised to `Buy' at B. Riley: AudioSource: Bloomberg - All Podcasts | 22 Jan 2010 | 2:16 pm Man in the News: Paul VolckerPaul Volcker, the towering elder statesman behind Obama’s bank plan, is back. His return to policy influence is only the latest episode in a long career of public serviceSource: Financial Times - US homepage | 22 Jan 2010 | 2:12 pm Cadbury deal puts the lid on Quaker tiesOne of the last direct links between some of the UK’s biggest companies and their Quaker roots is set to be severed with the £11.6bn takeover of Cadbury agreed with KraftSource: Financial Times - US homepage | 22 Jan 2010 | 1:48 pm Weekend Thoughts, Meredith Whitney’s New Contra-Opinion On Banks (GS, MS, JPM, BAC, WFC, BX)Notorious banking analyst Meredith Whitney turned out to be right in her recent calls against being long the major banks and brokerage firms, although for the wrong reasons ahead of the latest sell-off that took place this week. Whitney’s call was about earnings power for the quarter and for what lies ahead in 2010 and [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 22 Jan 2010 | 1:44 pm UBS client wins appeal against U.S. data handoverZURICH/WASHINGTON (Reuters) - A client of Swiss bank UBS won an appeal to prevent her account data from being given to the United States as part of a U.S. probe into possible tax evasion among wealthy bank customers.Source: Reuters: Business News | 22 Jan 2010 | 1:39 pm State jobless rates on the riseA total of 43 states reported rising jobless rates in December, reversing signs of improvement seen the month before, according to a government report released Friday.Source: Business and financial news - CNNMoney.com | 22 Jan 2010 | 1:36 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 | 22 Jan 2010 | 1:29 pm Shares fall on Obama bank plansMarkets in the US and Asia fall sharply after US President Barack Obama unveils plans to regulate the banking industry.Source: BBC News | Business | World Edition | 22 Jan 2010 | 1:23 pm Haiti aid agency accused of rivalry tacticsThe British medical journal The Lancet has accused aid agencies operating in earthquake-ravaged Haiti of using ‘unsavoury’ corporate tactics as they compete to attract funding during a chaotic relief effortSource: Financial Times - US homepage | 22 Jan 2010 | 1:13 pm Our Very Own Toxic Asset
We came very close to buying this . . . then it fell apart. (Chana Joffe-Walt) Yes! Our very own Chana Joffe-Walt and David Kestenbaum have returned victorious from their odyssey in Kansas City. They managed to purchase one toxic asset of their very own that they will be watching over like a chia pet or like that project in sixth grade where they give you an egg during sex ed week. They attended an auction of dubious financial products with the inimitable Wit Solberg: a principal with the fund Mission Peak Capital (in Kansas City). » E-Mail This » Add to Del.icio.us Source: NPR Blogs: Planet Money | 22 Jan 2010 | 1:11 pm Prospective Goldman Intern Will Fight To The Death For GSI don't know how many of you are currently looking for new jobs and suffering through the painful process of figuring out what to say in your cover letter but if I may offer a suggestion-- take a page from one ambitious li'l college kid's playabook. He knew he wanted to work at Goldman Sachs and rather than temper his deep burning desire so as to come off as professional, not desperate, etc, etc, he shouted it LOUD AND PROUD. He wants to live and bleed Goldman Sachs and he doesn't care who knows it! He's not afraid to say, "Lloyd I will lay down in the road for you. I will kill a man in cold blood for you. I will do whatever it takes to get in at Goldman Sachs-- no questions asked, UNTIL MY HEART STOPS BEATING." Even as he writes this letter he's getting calls and text messages from people asking what stocks he puts my money in today and where they should put it tomorrow-- he's got the street cred and the seed capital to start his own shop over summer break but he's not gonna cause he wants to do it for you Lloyd! For both of you.
Source: Dealbreaker | 22 Jan 2010 | 1:10 pm We Have Met The Crisis And He Is Us
It's earnings season, it's bonus time, and now that the Angelides Commission has begun holding hearings and legislation is under way to form a permanent resolution authority for troubled financial institutions, the related topics of what caused the financial crisis and how to handle the next one have garnered fresh attention, to put it mildly. Juxtaposed against the sluggish real economy, the robust health of our financial sector makes it an easier target than ever for enemies of every stripe. Yesterday, under acute political pressure, President Obama used the bully pulpit to blame the financial crisis on the greed of financiers unfettered by ill-advised deregulation, advocating among other things the reinstatement of Glass-Steagall. The Angelides Commission will need a strong constitution to keep from being unduly influenced in their investigation by the President's statements. He has identified the causes, he's found a solution, and he is, after all, the most powerful man on earth. One could be forgiven for believing that the final narrative of the Angelides Commission has already been written even though the inquiry has barely begun.
Source: Dealbreaker | 22 Jan 2010 | 1:00 pm Revenge of the regional banks!President Obama killed the banks and the stock market on Thursday. That's what all the headlines said. But those headlines don't tell the whole story.Source: Business and financial news - CNNMoney.com | 22 Jan 2010 | 12:54 pm Barney Frank Has Bigger Fish To Fry
Source: Dealbreaker | 22 Jan 2010 | 12:50 pm Wyclef Jean hires a new accountantYele Haiti, the non-profit formed by musician Wyclef Jean, said Friday that it hired an accounting firm in the wake of increased public scrutiny of its finances.Source: Business and financial news - CNNMoney.com | 22 Jan 2010 | 12:49 pm UBS client wins in US tax caseA client of the Swiss bank UBS has won an appeal against handing over data to US tax authorities.Source: BBC News | Business | World Edition | 22 Jan 2010 | 12:33 pm City Diary"What made me laugh was the fiendish simplicity"Source: BBC News | Business | World Edition | 22 Jan 2010 | 12:32 pm Prince Alwaleed Thought Avatar Sucked
Source: Dealbreaker | 22 Jan 2010 | 12:26 pm GE profit tops Wall Street forecastsBOSTON (Reuters) - General Electric Co posted quarterly earnings that topped Wall Street expectations as it kept costs in line despite sluggish demand for jet engines, railroad locomotives and other heavy equipment.Source: Reuters: Business News | 22 Jan 2010 | 12:13 pm China’s influence on markets is growingCommodity and currency movements increasingly follow BeijingSource: Financial Times - US homepage | 22 Jan 2010 | 11:54 am What Did Tim Geithner Think Of The Obama Bank Plan?
Various news reports that Tim Geithner is privately opposed to the new Obama bank plan -- which isn't that much of a surprise, but he should not be talking about it (if he is). What we do have is this PBS interview, in which he certainly isn't doing much to back the concept. The correct answer to "In essence are you saying that big banks need to be broken up" is "Yes"; add some qualifiers if necessary -- "we're not talking about a sudden disruption, but about new rules of the game, but the eventual goal is smaller banks that aren't engaged in inappropriate activities" or something like that.
Source: Dealbreaker | 22 Jan 2010 | 11:45 am Earnings Preview: J&J to report 4th-qtr results (AP)AP - Johnson & Johnson, the world's largest, most diverse health care company and a Dow Jones industrial average component, reports earnings for the fourth quarter Tuesday. Here's a summary of key developments and analyst opinion related to the period.Source: Yahoo! News: Stock Markets News | 22 Jan 2010 | 11:34 am Treasury seeks dealer input on MBS purchasesWASHINGTON (Reuters) - The Treasury Department said on Friday it will be seeking comments from bond dealers on the impact its purchases of mortgage-backed securities will have on fixed income markets.Source: Reuters: Business News | 22 Jan 2010 | 11:32 am Bank to the futureObama's plans could give EU banks an advantageSource: BBC News | Business | World Edition | 22 Jan 2010 | 11:30 am Blowing Your Bonus
Sully's 'Miracle on the Hudson' Airbus For Sale [via Daily Intel]
Source: Dealbreaker | 22 Jan 2010 | 11:24 am Dear Prudence: Wedding gift etiquette?Emily Yoffe, aka Slate.com's advice columnist "Prudence," talks to Tess Vigeland about how to politely handle the art of wedding gift giving.Source: Marketplace Money | 22 Jan 2010 | 11:23 am A push to clarify ink cartridge labelsThe National Conference for Weights and Measures will soon kick off, and attendees will consider how to make the cost of ink more transparent to consumers. Ashley Milne-Tyte reports.Source: Marketplace | 22 Jan 2010 | 11:23 am I'd rather be frugal than hipYouth Radio's Summer Sewell talks about how she's not concerned with keeping up with the latest trend, unless it involves frugality.Source: Marketplace Money | 22 Jan 2010 | 11:23 am Consumers ending love affair with debtAmericans are spending less, saving more and finally striking a balance, so argues Marketplace's Chris Farrell, author of the new book, "The New Frugality: How to Consume Less, Save More, and Live Better."Source: Marketplace Money | 22 Jan 2010 | 11:23 am Auto retailers race for customersPhil Reed, senior consumer advice editor at Edmunds.com, fills Tess Vigeland in on the deals auto retailers are doling out in an effort to lure customers.Source: Marketplace Money | 22 Jan 2010 | 11:23 am Getting PersonalJim Juback, blogger at Jubakpicks.com, joins Tess Vigeland to tackle investment basics, then they take on whether an investor can get E-Trade to wave inactivity fees.Source: Marketplace Money | 22 Jan 2010 | 11:22 am China's next export: group shopping?A new way to bargain hunt -- "tuangou," or group shopping -- is catching on in China, and it could hit the U.S. next. Scott Tong reports.Source: Marketplace Money | 22 Jan 2010 | 11:22 am The new breed of perma-rentersThe down economy has spawned a new breed of financially mature specimens, the perma-renter. Stacey Vanek-Smith reports.Source: Marketplace Money | 22 Jan 2010 | 11:22 am FHA insured mortgages to cost moreHere's another wrinkle for new homebuyers: You'll have to pay more for mortgages insured by the Federal Housing Administration. The FHA says it had to toughen the rules because too many of its loans were going bad. Markeplace's Nancy Marshall Genzer explains.Source: Marketplace Money | 22 Jan 2010 | 11:22 am Consumer protection agency's standingWill the government follow through on its promise to create a consumer protection agency? Elizabeth Warren, professor of law at Harvard University and chair of the Congressional Oversight Panel, talks to Tess Vigeland about why she still has hope for the agency and what scrapping it could mean for consumers.Source: Marketplace Money | 22 Jan 2010 | 11:22 am What prices really meanPricing mechanisms for virtually everything in our economy are tilted in favor of sellers. William Poundstone, author of "Priceless," talks with Kai Ryssdal about why we pay what we pay for items.Source: Marketplace | 22 Jan 2010 | 11:22 am Taco Bell: A gateway to acceptanceMany foodies may not think too highly of Taco Bell. But commentator Gustavo Arellano says with the recent death of the fast-food chain's creator, it's time to praise the fruits of his creation.Source: Marketplace | 22 Jan 2010 | 11:22 am Weekly Wrap: Obama's bank plansClusterstock's John Carney and Reuters blogger Felix Salmon talk with Kai Ryssdal about whether President Obama's plans to limit the size and risks of Wall Street banks will work.Source: Marketplace | 22 Jan 2010 | 11:22 am GSK to fund film on emotional eatingPharmaceutical company GlaxoSmithKline plans to fund a documentary about the hazards of mindless eating. Gregory Warner reports.Source: Marketplace | 22 Jan 2010 | 11:21 am Ruling opens up political ad frontierIn the wake of the Supreme Court's decision on campaign financing, the companies who will turn corporate and union money into political ads look to win big. Mitchell Hartman reports.Source: Marketplace | 22 Jan 2010 | 11:21 am What another recall means for ToyotaToyota has issued another recall to fix faulty accelerator pedals. What are Toyota drivers supposed to do? Alisa Roth reports.Source: Marketplace | 22 Jan 2010 | 11:21 am Insurers look to find new marketsWith the health care overhaul bill stuck in Congress, insurance companies are grappling with nearly 30 million potential new customers disappearing. Now it's back to square one in a tough econmy. Nancy Marshall Genzer reports.Source: Marketplace | 22 Jan 2010 | 11:21 am Oil Patch: Rig Counts Rise Despite Falling Oil (BHI, OIH, USO)The rig counts are still heading in the right direction for stable oil and a steady flow of oil and gas supplies according to the Baker Hughes Inc. (NYSE: BHI) weekly rig counting data. This is actually surprising considering how much oil has come off since its recent highs. We are watching the Oil Services [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 22 Jan 2010 | 11:15 am Road to global recovery still strewn with pitfallsConfidence is returning to the markets, leading some to predict healing in the real economy. But many economists doubt this benign scenarioSource: Financial Times - US homepage | 22 Jan 2010 | 11:09 am FBR’s Miller Sees `Extreme Regulation' Ahead for Banks: AudioSource: Bloomberg - All Podcasts | 22 Jan 2010 | 10:56 am Sowell Says Intellectuals Pay No Price for Being Wrong: AudioSource: Bloomberg - All Podcasts | 22 Jan 2010 | 10:55 am Boockvar at Miller Tabak Says Obama `Beating Up Banks': AudioSource: Bloomberg - All Podcasts | 22 Jan 2010 | 10:54 am Bard’s Botstein Says High School Should End at Age 16: AudioSource: Bloomberg - All Podcasts | 22 Jan 2010 | 10:52 am This Week’s LinksSpringwise has a good list of business ideas for 2010 (via BusinessWeek).
Source: Business Pundit | 22 Jan 2010 | 10:49 am Celebrities call for extra bank tax to pay for charitySome of the world's top A-list celebrities are campaigning for an extra bank tax which could pay for charitable acts.Source: BBC News | Business | World Edition | 22 Jan 2010 | 10:47 am Who Could Take Over For Ben Bernanke?
Source: Dealbreaker | 22 Jan 2010 | 10:45 am SIRIUS Financial Take: Howard Stern/Pandora Risks (SIRI, AAPL)SIRIUS XM Radio (NASDAQ: SIRI) has been a key trading focus of late, mostly with positive metrics. The company has now posted positive cash flow for the entire year of 2009 and it showed stronger subscriber growth in over a year. There are a couple of risks not just tied to the economy, although any [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 22 Jan 2010 | 10:39 am Obama keeps up China pressurePresident Obama wants answers on alleged cyber-attacks originating in China on the search giant Google, officials say.Source: BBC News | Business | World Edition | 22 Jan 2010 | 10:24 am Record for OceanaGoldOceanaGold, which operates mines in Otago and the West Coast, reported fourth quarter gold sales of 72,140oz, lifting its total for the 2009 financial year 14 per cent from 2008 to a record 300,044oz.For the three months to the...Source: nzherald.co.nz - Business | 22 Jan 2010 | 9:55 am Morning Report: The 'Volker Rule' Raises HacklesBy Zoe Chace After the stock market smacked down the president's proposal for increased banking regulation yesterday, the big banks immediately line up in opposition to the plan. Obama's new favorite economic adviser, Paul Volker, will be spending more time on Capitol Hill in the coming weeks to round up congressional support for what's being dubbed "the Volker rule." The proposal will put limits on the size of banks, and also prohibit commercial banks from engaging in one of the activities they love--and Volcker hates--most: proprietary trading. We'll have more on proprietary trading on the podcast today. But basically, it's when banks use their own accounts, in some cases depositor money, to make potentially risky trades. Today, chatter continues from the banks on why any kind of regulation is a terrible idea-- from Bloomberg: President Barack Obama's plan to curb proprietary trading will cost Goldman Sachs Group Inc., Morgan Stanley, Credit Suisse Group AG, UBS AG and Deutsche Bank AG about $13 billion in revenue next year, according to JPMorgan Chase & Co. analysts. Of the five banks analyzed, Obama's proposals will impact Goldman Sachs the most, resulting in an estimated $4.67 billion drop in earnings in 2011, analysts led by London-based Kian Abouhossein said in a note today. But not all areas of the market were sulking. McDonalds posted high fourth-quarter profits, maintaining a lead in fast-food markets-- could be their fancy McCafe coupled with a new dollar menu for breakfast. Google also turned in stellar gains, a sign of increased online ad revenue generated during the holiday season, according to the Wall Street Journal. The company also promised this week that it would continue doing business in China. A week ago, Google said it would pull out of the country, which has the greatest number of internet users in the world, because of hacker assaults and government censorship. Secretary of State Hillary Clinton jumped into the fray, prompting a contentious response from the Chinese. And lastly, Toyota-- already in the unenviable position of holding the record for the largest auto recall in US history after it pulling 4.2 million cars off the road last year-- solidified its dubious title today. The company recalled 2.3 million vehicles due to sticky gas pedals. » E-Mail This » Add to Del.icio.us
Source: NPR Blogs: Planet Money | 22 Jan 2010 | 9:41 am Killing Fannie & Freddie (FNM, FRE)Barney Frank may have caused a recovery of some banking losses in trading yesterday by saying he’d be against any bank-trading abolition that would be immediate and/or financially disruptive to an economy that is still very vulnerable. But Barney Frank’s comments today are throwing up more risks for Fannie Mae (NYSE: FNM) and Freddie Mac [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 22 Jan 2010 | 9:39 am Kounis on Economy, Roach on Banks, Wirth on Stocks: AudioSource: Bloomberg - All Podcasts | 22 Jan 2010 | 9:37 am Four nations to get native net namesNEW YORK: Egypt, Russia, Saudi Arabia and the United Arab Emirates are the first countries to win preliminary approval for internet addresses written entirely in their native scripts.Since their creation in the 1980s, internet...Source: nzherald.co.nz - Business | 22 Jan 2010 | 9:25 am Plenty of tax options, but none of them easyWhen the Government crafts a package of tax reform its options will be limited by two big constraints.One is fiscal: the self-imposed need for the package to be broadly revenue-neutral overall, which inevitably means it is an...Source: nzherald.co.nz - Business | 22 Jan 2010 | 9:00 am US shock pushes sharemarket downThe New Zealand sharemarket dropped more than 1 per cent yesterday as markets around the world fell on news of United States President Barack Obama's plans to limit risk-taking at banks.The NZX-50 was down 1.08 per cent to 3190.701...Source: nzherald.co.nz - Business | 22 Jan 2010 | 9:00 am New player positive sign for ailing retail sectorAfter a slew of bad news in the appliance retailing sector a brighter signal has emerged with the impending entry into the market of huge Australian chain The Good Guys.With over 90 stores across Australia The Good Guys is now...Source: nzherald.co.nz - Business | 22 Jan 2010 | 9:00 am Telco vet happy with underdog statusMobile telecommunications veteran John Stanton is not fazed with coming into the market as the underdog.The chairman of Trilogy International, the major shareholder of new mobile player 2degrees, has been warned many times in...Source: nzherald.co.nz - Business | 22 Jan 2010 | 9:00 am Brian Gaynor : Investor priority shift inevitable in decade aheadThe first decade of the 21st century was a good period for the New Zealand economy even though it ended with a long recession.The country's gross domestic product (GDP) grew by 29.7 per cent during the 10-year period, compared...Source: nzherald.co.nz - Business | 22 Jan 2010 | 9:00 am Mobile phones become vital Haiti lifelineTrilogy's investment in Haiti, Voila, has confirmed that five of its workforce of around 575 died in the earthquake, with 51 more missing."It's hard to appreciate the commitment of our employees, most of whom have come to work...Source: nzherald.co.nz - Business | 22 Jan 2010 | 9:00 am BHP Billiton enjoys production surgeMELBOURNE: BHP Billiton has reported a surge in fourth-quarter production, with strong Chinese demand sparking record output of key commodities.But the resources giant has warned of volatility in the short term outlook for its...Source: nzherald.co.nz - Business | 22 Jan 2010 | 9:00 am Cultivating an eye for a ripping good yarnDocumnetary Channel founder Richard Driver says he was rescued from a life in rock'n'roll.Brent Hansen - the former Radio With Pictures producer who went on to head MTV Europe - gave Richard Driver a job presenting the influential...Source: nzherald.co.nz - Business | 22 Jan 2010 | 9:00 am This Week’s Weird Jobs
1. CA: needing a perfect employee And this employee is doing what, exactly? We are looking for part-time Wellness & Health Coaches to support clients looking to achieve their wellness goals through proper nutrition. Participants want to lose weight, increase their energy, and improve overall health. We are looking for candidates who are: Coaches selected will go thru training, we do not require any previous nutritional or physical training experience. If you are not in ideal physical condition, no worries, we will help you get there while training you to be a coach. If you’re verbally abusive and like to pinch peoples’ spare tires, please don’t apply. 3. AK: Appliance Cleaner ~ 5 hours per day / Mon – Fri Cleaning appliances five hours a day? Painful. Wave a sign. Candidate will wave at traffic, can listen to music, and jump around to stay warm! Will need an energetic marketer in Early January 2010, and may last until April 15, 2010. Candidate may greet customers and show them the way to our store. Waving a sign outside would be fine and well—except that this job is in Anchorage. Brr. 5. AK: Handler for Iditarod Kennel This is (more than) full time, physical, outdoor work. Must be honest, hard working, have common sense, and work well with little supervision. Still sound like fun? It is, I swear! Really? Happy Friday!
Source: Business Pundit | 22 Jan 2010 | 8:07 am Today’s Best Market Rumors (1/23/2010) (SIRI)(KO)Updated throughout the day. Conan O’Brien could end up on Comedy Central (Reuters) Howard Stern of Sirius XM (NASDAQ:SIRI) is getting offers from traditional radio networks (Barron’s) Obama’s plans for banks show that Geithner is losing power (Washington Post) Coca-Cola (NYSE:KO) is thinking of buying a controlling interest in Russian juice maker Nidan Soki (Reuters) Douglas A. McIntyre Posted in Rumors Tagged: [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 22 Jan 2010 | 7:54 am AMD: When Analyst Calls Are Night & Day (AMD, INTC)Advanced Micro Devices Inc. (NYSE: AMD) is taking a breather this morning after last night’s earnings. At 9:26 AM EST we had shares trading down 5.9% at $8.46 on about 915,000 shares; right after the open at 9:43 AM EST down 7.8% at $8.29 on 8.5 million shares. Here is the news on the earnings [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 22 Jan 2010 | 7:46 am Toyota Recall Expands By 2.3 Million
If you ask people who makes the most reliable cars and trucks… you’re likely to get a majority of your respondents answering “Toyota.” Even so in Middle-America where the Toyota Tacoma is widely recognized as the longest lasting truck on the road. Having established it’s brand as one of the most reliable in the world, you have to wonder how many heads are rolling at Toyota over the latest recall fiasco.. Adding onto an already massive 4.2 million vehicle recall, Toyota today announced an additional 2.3 million recalled vehicles. And the recall isn’t a minor issue: it’s a case of gas pedals sticking. That’s serious. It could easily cause death. From a business perspective, it will be interesting to see how Toyota maneuvers it’s way through this PR nightmare and whether it can retain it’s standing as the most reliable car maker in the world.
Source: Business Pundit | 22 Jan 2010 | 7:14 am Five IPO’s On Deck (BRK-B, SYA, CLU, CHSP, CHC, TRNO)Today could be called IPO Friday. We have four confirmed priced deals, and likely a fifth. The IPO’s involve Berkshire Hathaway Inc. (NYSE: BRK-B) for its Symetra Financial (NYSE: SYA), followed by Cellu Tissue Holdings Inc. (NYSE: CLU), Chesapeake Lodging Trust (NYSE: CHSP), China Hydroelectric Corp. (NYSE: CHC), and Terreno Realty Corp. (NYSE: TRNO). Some [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 22 Jan 2010 | 6:58 am Author Solomon Discusses His Book `Water': AudioSource: Bloomberg - All Podcasts | 22 Jan 2010 | 6:34 am Top Analyst Upgrades & Downgrades (APA, JPM, JCOM, FCX, PLD, RTP, SLB, SCR, SLM, TXN, UNH, X, ZMH)These are this morning’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Apache Corp. (NYSE: APA) Started as Sector Underperform at Scotia. JPMorgan Chase & Co. (NYSE: JPM) Raised to Buy at Citigroup. j2 Global Communications (NASDAQ: JCOM) Raised to Outperform at Morgan Keegan. Freeport McMoRan (NYSE: FCX) Cut to Neutral from buy at Goldman [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 22 Jan 2010 | 6:30 am GE (GE) Bests Estimates, Entertainment And Capital Results A HorrorGE (NYSE:GE) did better than most Wall St. analysts believed it would. Fourth-quarter revenue fell 10% to $41.4 billion. Fourth-quarter earnings from continuing operations attributable to GE were $3.0 billion, down 22% from $3.9 billion in the fourth quarter of 2008. EPS from continuing operations was $0.28, down 22% from the fourth quarter of last year. There [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 22 Jan 2010 | 5:23 am The Christian Church Keeps Up With the Times
Source: Business Pundit | 22 Jan 2010 | 4:39 am Its Reputation In Question, Toyota Makes Another Big RecallBy Douglas A. McIntyre Gone are the days when Toyota (TM) completely dominated the JDPower and Consumer Reports customer satisfaction and vehicle quality surveys. American car companies have made quality gains, and even firms like Hyundai have moved up strongly in many consumer polls. Toyota announced it is recalling 2.3 million vehicles in the U.S. to fix [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 22 Jan 2010 | 4:06 am
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