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Spyker shares surge again on Saab hopes (AP)AP - Shares in the small, loss-making Dutch luxury carmaker Spyker Cars NV surged again Monday on hopes the company's owners will reach a deal to buy Saab from General Motors Co. that could also bolster Spyker's prospects.Source: Yahoo! News: Business News | 25 Jan 2010 | 3:39 am Calm returns to markets after US sell-offGlobal Markets Overview: Worries linger about the ultimate impact of Obama’s crackdown on banks, although fears that similar proposals may be adopted in other leading financial centres appear to have easedSource: Financial Times - US homepage | 25 Jan 2010 | 3:37 am Another down day in Asia as banks, metals dropAsian markets ended lower Monday as risk-averse investors sold down banking and metals stocks after hefty losses on Wall Street Friday, with Bank of China shares declining on the lender’s share-sale plans to raise capital.
Source: MarketWatch.com - Top Stories | 25 Jan 2010 | 3:36 am “Avatar” Probably In Top All-Time SlotBy Douglas A. McIntyre “Avatar” was only $50 shy of passing “Titanic” as the largest global box office film in history — just short of the ship disaster’s $1.843 billion mark. The numbers represent receipts for the weekend of January 22nd. The movie is bringing in phenomenal audience numbers all over the world. Somewhere, probably in [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 25 Jan 2010 | 3:32 am Ferrero rules out bid for CadburyItalian chocolate maker Ferrero International said Monday it is no longer interested in bidding for Cadbury, removing one of the few remaining hurdles for Kraft Foods’ agreement to buy the U.K. group.
Source: MarketWatch.com - Top Stories | 25 Jan 2010 | 3:32 am Hornby sees toy sales race aheadToymaker Hornby says it saw a major increase in pre-Christmas orders, with Scalextric sales seeing strong demand.Source: BBC News | Business | World Edition | 25 Jan 2010 | 3:30 am A Good Promotion in a Bad Economy
If these folks cleaned your clothes for free while you were hard up, wouldn’t you want to come back once you have money?
Source: Business Pundit | 25 Jan 2010 | 3:30 am Southern California's Mullin Automotive Museum Hires JMPR Public Relations to Promote the New VenueSource: RSS feed - channel BNewsBusiness | 25 Jan 2010 | 3:30 am Steven & Stevens Business Records Management, Inc. Hires Leonard & Finco Public Relations, Inc.Source: RSS feed - channel BNewsBusiness | 25 Jan 2010 | 3:30 am Yogurt Named Food Trend of the DecadeSource: RSS feed - channel BNewsBusiness | 25 Jan 2010 | 3:20 am Wal-Mart (WMT) To Cut Over 11,000 WorkersIt is cause for worry when the world’s largest retailer cuts 11,200 people right after a rough holiday sales season. Wal-Mart will fire that many people at its Sam’s Club division. The warehouse club says it will hire an outside firm, Shopper Events, to handle product demonstrations in the stores. Many of the people who will be [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 25 Jan 2010 | 3:18 am German consumer confidence fadesGerman consumer confidence is fading, hit by the threat of rising unemployment, according to a survey.Source: BBC News | Business | World Edition | 25 Jan 2010 | 3:18 am Tesco joins film industry with Jackie Collins adaptationTesco forms a joint venture to make films of books by best-selling authors, starting with Jackie Collins.Source: BBC News | Business | World Edition | 25 Jan 2010 | 3:17 am Wall St. set for a bounceU.S. stocks were poised for early gains Monday, as investors looked to recover from last week's big pullback.Source: Business and financial news - CNNMoney.com | 25 Jan 2010 | 3:07 am Cuts 'could hit affordable homes'Cuts could halve the number of planned affordable homes built over the next 10 years, a housing group warns.Source: BBC News | Business | World Edition | 25 Jan 2010 | 3:07 am Gas prices drop a bit - surveyGasoline prices fell an average of $1.4 cents per gallon over the past two weeks, but remain well above last year's mark despite high unemployment cutting into demand, according to a new nationwide survey.Source: Business and financial news - CNNMoney.com | 25 Jan 2010 | 3:05 am Skills shortageBusiness leaders coming to Davos need new skillsSource: BBC News | Business | World Edition | 25 Jan 2010 | 3:04 am Oil falls towards one-month low near $74LONDON (Reuters) - Oil prices fell on Monday, approaching one-month lows near $74 a barrel, on continued market unease over possible tighter Chinese monetary policy and a U.S. proposal to toughen bank trading rules.Source: Reuters: Business News | 25 Jan 2010 | 3:04 am Oil falls towards one-month low near $74 (Reuters)
Source: Yahoo! News: Business News | 25 Jan 2010 | 3:04 am UPDATE 3-Philips Q4 earnings beat estimates, shares rise* No reliable predictions due to economic circumstancesSource: RSS feed - channel BNewsBusiness | 25 Jan 2010 | 3:00 am Paying It Forward Takes on a Whole New MeaningSource: RSS feed - channel BNewsBusiness | 25 Jan 2010 | 3:00 am Duoyuan Printing Announces Conference Call to Discuss Second Quarter 2009 ResultsSource: RSS feed - channel BNewsBusiness | 25 Jan 2010 | 3:00 am Myners and G7 to home in on bankers' bonusesLord Myners, the City Minister, is meeting representatives from the G7 group of seven leading global economies, the International Monetary Fund and the World Bank in Downing Street today to discuss fundamental reforms to the banking system. Source: Latest Business News from Times Online | 25 Jan 2010 | 2:58 am Sober Davos forum eyes banking reforms, Haiti (AP)AP - Responsible banks and aid for Haiti — not invincible billionaires, high-charged diplomacy or rock stars — are the watchwords at this year's World Economic Forum at Davos.Source: Yahoo! News: Business News | 25 Jan 2010 | 2:58 am Custer’s Last Stand?: The National Debt CeilingThe debt ceiling, which is currently at $12.4 trillion, is near its limits and the Senate will consider whether to add $1.9 trillion to the cap. Dow Jones estimates that the increase will only be good through early next year when Congress will have to consider the matter again. It would have been foolish to think [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 25 Jan 2010 | 2:56 am Stock futures signal rebound after selloff(Reuters) - Stock index futures pointed to a rebound on Wall Street on Monday following last week's sharp sell-off, with futures for the S&P 500 up 0.82 percent, Dow Jones futures up...Source: RSS feed - channel BNewsBusiness | 25 Jan 2010 | 2:48 am Stock futures signal rebound after selloff(Reuters) - Stock index futures pointed to a rebound on Wall Street on Monday following last week's sharp sell-off, with futures for the S&P 500 up 0.82 percent, Dow Jones futures up 0.74 percent and Nasdaq 100 futures up 0.51 percent at 4:15 a.m. EST.Source: Reuters: Business News | 25 Jan 2010 | 2:48 am Stock futures signal rebound after selloff (Reuters)
Source: Yahoo! News: Stock Markets News | 25 Jan 2010 | 2:48 am More melamine-tainted milk products found in China (AP)AP - Melamine-tainted dairy products have been pulled from convenience store shelves in southern China more than a year after hundreds of thousands of children were sickened in a massive milk safety scandal, a government spokeswoman said Monday.Source: Yahoo! News: Business News | 25 Jan 2010 | 2:46 am Signs Of The Apocalypse: The Return Of The LayoffLayoffs in unrelated industries, even when close together in time, are just that—unrelated. That is until they begin to grow rapidly in number. Three of America’s largest firm announced firings or signaled them during the last week. Wal-Mart (NYSE:WMT) cut the deepest, which is frightening because it is the most financially healthy company in the world. [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 25 Jan 2010 | 2:43 am London Markets: Banks advance in lackluster FTSE 100Banks take back some ground lost last week on Monday, with Asia-focused lender Standard Chartered leading an advance for the sector with the move limiting losses for the FTSE 100.
Source: MarketWatch.com - Top Stories | 25 Jan 2010 | 2:43 am Bank bail-out alternatives soughtMeasures to prevent taxpayers from ever having to bail out banks again will be discussed at a meeting led by Lord Myners.Source: BBC News | Business | World Edition | 25 Jan 2010 | 2:39 am Call for over-65s to keep workingPeople should be allowed to work longer and with more flexible hours, the Equality and Human Rights Commission says.Source: BBC News | Business | World Edition | 25 Jan 2010 | 2:33 am Ericsson cutting extra 1,500 jobsSwedish telecoms equipment group Ericsson is cutting an extra 1,500 jobs, as it reports a 92% fall in quarterly profits.Source: BBC News | Business | World Edition | 25 Jan 2010 | 2:30 am HCL Technologies profit down 18 pct, bucking trend (AP)AP - Indian software services firm HCL Technologies Ltd. said Monday that quarterly profit fell 16.7 percent in dollar terms, stung by foreign exchange losses, falling interest income, higher costs and weak revenues from its back office business.Source: Yahoo! News: Business News | 25 Jan 2010 | 2:24 am UPDATE 1-S.Korea Lotte seals Buy The Way deal for $235 mln* Deal may position it closer to sector-leader FamilyMartSource: RSS feed - channel BNewsBusiness | 25 Jan 2010 | 2:23 am REFILE-UPDATE 2-Japan's KDDI to buy $4 bln Jupiter Telecom stake* To acquire Liberty Global's entire 37.8 pct stake in cashSource: RSS feed - channel BNewsBusiness | 25 Jan 2010 | 2:23 am REFILE-UPDATE 2-Japan's KDDI to buy $4 bln Jupiter Telecom stake* To acquire Liberty Global's entire 37.8 pct stake in cashSource: RSS feed - channel BNewsBusiness | 25 Jan 2010 | 2:23 am Dollar enjoys late rally, climbs over US71cThe New Zealand dollar bounced back this afternoon, after falling against the greenback as the US market was affected by US President Barack Obama's plan to curb bank risk-taking.The NZ dollar also lost ground on the wake of uncertainty...Source: nzherald.co.nz - Business | 25 Jan 2010 | 2:20 am World stocks slip after Wall Street battering (Reuters)
Source: Yahoo! News: Stock Markets News | 25 Jan 2010 | 2:18 am Ericsson raises job cuts as profits dive 92%Profits at Ericsson, the Swedish telecoms group, nosedived by 92 per cent in the fourth quarter as the costs of a massive restructuring operation continued to eat into income, a statement released today showed. Source: Latest Business News from Times Online | 25 Jan 2010 | 2:15 am Tishman Speyer group abandons New York complexA group led by Tishman Speyer Properties will give up the Manhattan-based Peter Cooper Village and Stuyvesant Town apartment complex to its creditors, according to published reports Monday.
Source: MarketWatch.com - Top Stories | 25 Jan 2010 | 2:10 am Tishman venture abandons Stuyvesant complex: report(Reuters) - A group led by Tishman Speyer Properties has decided to give up the sprawling Peter Cooper Village and Stuyvesant Town apartment complex in Manhattan to its creditors in the collapse of one of the most high-profile deals of the real-estate boom, the Wall Street Journal reported on Monday.Source: Reuters: Business News | 25 Jan 2010 | 2:09 am Who's afraid of rising rates? Banks!Of all the things keeping bankers up at night these days, the direction of interest rates may soon rank up there with loan losses and the heavy hand of the government.Source: Business and financial news - CNNMoney.com | 25 Jan 2010 | 2:08 am Philips Electronics reports profit in Q4 (AP)AP - Royal Philips Electronics NV, the world's largest maker of lights, reported a net profit of euro251 million ($355 million) for the fourth quarter on Monday, helped by lower one-time charges and by job cuts.Source: Yahoo! News: Business News | 25 Jan 2010 | 2:07 am Stocks: Trying to reverse the slideAfter the worst week on Wall Street in almost a year, investors will return to work looking for greater clarity -- from Washington, from the banks and from corporate America.Source: Business and financial news - CNNMoney.com | 25 Jan 2010 | 2:04 am Europe Markets: Europe lower for fourth session in a rowEuropean shares decline on Monday, down for the fourth straight session, with earnings from Ericsson and Philips Electronics drawing mixed reactions from investors.
Source: MarketWatch.com - Top Stories | 25 Jan 2010 | 2:03 am World stocks extend losses after Wall Street slide (AP)
Source: Yahoo! News: Stock Markets News | 25 Jan 2010 | 1:56 am Philips swings to profit, maintains dividendPhilips Electronics on Monday returned to profitability in the fourth quarter, after seeing improved performance at its businesses that range from selling coffee machines to X-ray scanners and reducing costs.
Source: MarketWatch.com - Top Stories | 25 Jan 2010 | 1:49 am Shell CEO says to scale back on oil sands: reportLONDON (Reuters) - Royal Dutch Shell is slowing its expansion into high-cost Canadian tar sands and will in future focus on exploration, rather than expensive, capital-intensive projects, Chief Executive Peter Voser said in Monday's edition of the Financial Times.Source: Reuters: Business News | 25 Jan 2010 | 1:47 am Media Digest 1/25/2010 Reuters, WSJ, NYTimes, FT, BloombergReuters: China continued to defend its internet policies. Reuters: The SEC is considering whether data on AIG (NYSE:AIG) should have national security status. Reuters: Ferrero will not bid against Kraft (NYSE:KFT) for Cadbury (NYSE:CBY) Reuters: Wal-Mart’s (NYSE:WMT) Sam’s Club cut over 11,000 workers, 10% of its staff. Reuters: A revival of growth will not make the Fed change its plans [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 25 Jan 2010 | 1:45 am Growth and hiring outlook improvesEconomists are optimistic that the recovery will continue in 2010, as the pace of job losses slows and hiring picks up, according to a survey released Monday.Source: Business and financial news - CNNMoney.com | 25 Jan 2010 | 1:43 am Ericsson profit drops 92%Ericsson AB on Monday reported a 92% drop in fourth-quarter profit as sales fell for a third consecutive quarter amid lower equipment spending from operators and as its handset and chip joint ventures continued to struggle.
Source: MarketWatch.com - Top Stories | 25 Jan 2010 | 1:41 am NZ stocks down on US announcementThe New Zealand sharemarket closed low today as US President Barack Obama's announcement to limit bank risk-taking last week continues to have a ripple effect on the global market.The benchmark NZX-50 index closed down 1.772 points,...Source: nzherald.co.nz - Business | 25 Jan 2010 | 1:36 am Owners: $5.4B NY housing complexes go to creditors (AP)
Source: Yahoo! News: Business News | 25 Jan 2010 | 1:36 am FTSE 100 falls at open (AFP)
Source: Yahoo! News: Stock Markets News | 25 Jan 2010 | 1:35 am Ericsson to cut 1,500 more jobs as profit plunges (AP)
Source: Yahoo! News: Business News | 25 Jan 2010 | 1:34 am Online retailingWhy small firms should focus on the webSource: BBC News | Business | World Edition | 25 Jan 2010 | 1:33 am Italy's Ferrero rules out bidding for CadburyLONDON (Reuters) - Italy's Ferrero has ruled out a rival bid for Cadbury Plc, clearing the way for Kraft Foods to complete its 11.7 billion-pound ($18.9 billion) proposed takeover of the British confectioner.Source: Reuters: Business News | 25 Jan 2010 | 1:30 am Liberty Global offloads Japan assetsLiberty Global, the international cable-TV group chaired by John Malone, may go on the acquisition trail in Europe after selling its Japanese assets for $4bnSource: Financial Times - US homepage | 25 Jan 2010 | 1:29 am Ericsson's profits tumbleEricsson, the world's largest maker of wireless networks, has reported a more than 90pc decline in fourth-quarter profits as customers scaled back their spending.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 25 Jan 2010 | 1:27 am Ferrero pulls out of Cadbury raceItaly's Ferrero formally declares itself out of the Cadbury takeover race, leaving Kraft as the only bidder.Source: BBC News | Business | World Edition | 25 Jan 2010 | 1:23 am Liberty Global to sell Jupiter stake for $4 blnLiberty Global Inc. says it will sell its stake in Japanese broadband communications provider Jupiter Telecommunications Co. Ltd. to Japanese wireless operator KDDI Corp for $4 billion in cash.
Source: MarketWatch.com - Top Stories | 25 Jan 2010 | 1:21 am Anti-tax stance boosts Jindal despite budget woes (AP)
Source: Yahoo! News: Business News | 25 Jan 2010 | 1:17 am Asia Markets and Europe Open (1/25/2010)Markets in Asia were down modestly The Nikkei fell .7% to 10,513. Toyota (NYSE:TM) was down. The Hang Send dropped .8% to 20,587. The Shanghai Composite was down 1.1% to 3094. At the open in Europe, the FTSE fell .%5 to 5,276. The Dax dropped .9% to 5,641. The CAC 40 was off .7% to 3,794. STMicro (NYSE:STM) was [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 25 Jan 2010 | 1:14 am BA cabin crew set to vote on strike actionThousands of British Airways cabin crew are to vote on strike action today as the dispute over staff reductions, pay and working conditions deepens with the airline and between unions. Source: Latest Business News from Times Online | 25 Jan 2010 | 1:13 am BA cabin crew set to vote on strike actionThousands of British Airways cabin crew are to vote on strike action today as the dispute over staff reductions, pay and working conditions deepens with the airline and between unions. Source: Latest Business News from Times Online | 25 Jan 2010 | 1:13 am Ferrero says it has no plans to bid for CadburyFerrero, the Italian chocolate maker, has said it will not bid make a bid for Dairy Milk maker Cadbury.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 25 Jan 2010 | 1:12 am Wal-Mart to cut 11,200 jobs at Sam's ClubThe company will outsource in-store demonstrations and product sampling at the warehouse stores, cutting 10,000 workers. It will also eliminate about 1,200 positions in business membership recruiting.Wal-Mart Stores Inc., the world's largest retailer, will eliminate some 11,200 jobs at its Sam's Club stores as it brings in an independent marketing firm to perform in-store product demonstrations.
Source: L.A. Times - Business | 25 Jan 2010 | 1:00 am Obama critics say his economic vision is hazyWith the possibility of losses for Democrats looming in November, the president is taking a new tack to make his message clear.With congressional support eroding, his popularity falling and his renomination of Federal Reserve Chairman Ben S. Bernanke potentially in trouble, President Obama faces an even more daunting task to save his entire domestic agenda -- convincing millions of angry Americans that his economic policies will bring them a brighter future.
Source: L.A. Times - Business | 25 Jan 2010 | 1:00 am Corporate earnings reports due, Fed policymakers to discuss interest ratesIt was the fat cats' fault before. But now it's becoming Obama's.Source: RSS feed - channel BNPaperBusiness | 25 Jan 2010 | 1:00 am Marketing to Muslims poses a challenge for retailersAs Best Buy recently discovered, reaching out to Muslims can cause a backlash. Even those who champion the targeting of ads to the community steer corporations away from the mainstream media. ...Source: RSS feed - channel BNPaperBusiness | 25 Jan 2010 | 1:00 am E-mails on AIG bailout detail Fed's push for secrecyU.S. securities regulators originally treated the New York Federal Reserve's bid to keep secret many of the details of the American International Group bailout like a request to protect matters of national security, according to e-mails obtained by Reuters.
Source: L.A. Times - Business | 25 Jan 2010 | 1:00 am E-mails on AIG bailout detail Fed's push for secrecyU.S. securities regulators originally treated the New York Federal Reserve's bid to keep secret many of the details of the American International Group bailout like a request to protect matters of national...Source: RSS feed - channel BNPaperBusiness | 25 Jan 2010 | 1:00 am Marketing to Muslims poses a challenge for retailersAs Best Buy recently discovered, reaching out to Muslims can cause a backlash. Even those who champion the targeting of ads to the community steer corporations away from the mainstream media.Leafing through a Best Buy flier over the holiday season, Celena Khatib spotted a small greeting near the bottom of the page: "Happy Eid al-Adha."
Source: L.A. Times - Business | 25 Jan 2010 | 1:00 am Apple's rumored tablet may write next chapter in publishingThe tech giant hasn't announced that it will offer such a device, but the anticipation that it will do so this week has already caused a stir in the newspaper, book and magazine world.Not since biblical times has the arrival of a tablet been greeted with such anticipation.
Source: L.A. Times - Business | 25 Jan 2010 | 1:00 am Falling late-night ad prices will shape Conan's and Leno's futuresThe audience for late-night talk shows has splintered and shrunk as options -- rivals on cable, and 24-hour news and celebrity gossip on TV and the Internet -- proliferate. ...Source: RSS feed - channel BNPaperBusiness | 25 Jan 2010 | 1:00 am Obama critics say his economic vision is hazyWith the possibility of losses for Democrats looming in November, the president is taking a new tack to make his message clear. ...Source: RSS feed - channel BNPaperBusiness | 25 Jan 2010 | 1:00 am Falling late-night ad prices will shape Conan's and Leno's futuresThe audience for late-night talk shows has splintered and shrunk as options -- rivals on cable, and 24-hour news and celebrity gossip on TV and the Internet -- proliferate.Want to buy a commercial to welcome Jay Leno back as host of NBC's "The Tonight Show"? It'll run you only about $35,000. ¶ If that sounds like a lot, a few years ago that ad time would have gone for $50,000. ¶ For all the hype about the futures of Leno and Conan O'Brien, the era when a comedian could be crowned the undisputed "king of late night" is, like the price of a 30-second spot in one of their shows, on the ebb -- and with it, the economics underpinning late-night TV. ¶ The world that O'Brien entered when he began his first late-night show 16 years ago is radically different from the one that will greet him when he returns to the air. Those changes are likely to shape everything from where O'Brien lands to how much he will be paid and the format of the show -- band or no band? -- he will host. ¶ Night owls and insomniacs, who not long ago had only a handful of talk shows from which to choose, now have dozens to flip through. And those programs, which once could count on a stable audience, are growing vulnerable as viewers with digital video recorders watch on their own timetables -- or simply catch the good snippets on Hulu or YouTube.
Source: L.A. Times - Business | 25 Jan 2010 | 1:00 am Stop looking to feds to cure California's budget crisisGov. Arnold Schwarzenegger says the state is running a budget deficit because we pay more in federal taxes than we get back in federal spending. The biggest cause of the deficit is the governor. ...Source: RSS feed - channel BNPaperBusiness | 25 Jan 2010 | 1:00 am Corporate earnings reports due, Fed policymakers to discuss interest ratesIt was the fat cats' fault before. But now it's becoming Obama's.
Source: L.A. Times - Business | 25 Jan 2010 | 1:00 am 'Avatar' is close to sinking 'Titanic' box-office recordThe 3-D blockbuster rakes in $143 million worldwide this weekend, putting its total just $2 million short of the mark set 12 years ago. 'Legion' has a solid opening, but 'Extraordinary Measures' flopsBig-screen success isn't coming easy for small-screen giant CBS Corp.
Source: L.A. Times - Business | 25 Jan 2010 | 1:00 am Using lists to help firms avoid disasterAtul Gawande uses real-life examples to bolster his contention that checking off steps is the key to keeping small mistakes from becoming full-scale catastrophes.The Checklist
Source: L.A. Times - Business | 25 Jan 2010 | 1:00 am Using lists to help firms avoid disasterAtul Gawande uses real-life examples to bolster his contention that checking off steps is the key to keeping small mistakes from becoming full-scale catastrophes. ...Source: RSS feed - channel BNPaperBusiness | 25 Jan 2010 | 1:00 am Wal-Mart to cut 11,200 jobs at Sam's ClubThe company will outsource in-store demonstrations and product sampling at the warehouse stores, cutting 10,000 workers. It will also eliminate about 1,200 positions in business membership recruiting...Source: RSS feed - channel BNPaperBusiness | 25 Jan 2010 | 1:00 am 'Avatar' is close to sinking 'Titanic' box-office recordThe 3-D blockbuster rakes in $143 million worldwide this weekend, putting its total just $2 million short of the mark set 12 years ago. 'Legion' has a solid opening, but 'Extraordinary Measures' flops...Source: RSS feed - channel BNPaperBusiness | 25 Jan 2010 | 1:00 am Stop looking to feds to cure California's budget crisisGov. Arnold Schwarzenegger says the state is running a budget deficit because we pay more in federal taxes than we get back in federal spending. The biggest cause of the deficit is the governor.Our political leaders trot out new and more creative excuses for their failure to get the state's fiscal house in order every day, but one hardy perennial was recently aired again by Gov. Arnold Schwarzenegger.
Source: L.A. Times - Business | 25 Jan 2010 | 1:00 am Ferrero rules itself out of Cadbury raceFerrero International, the Italian chocolate group that makes Ferrero Rocher, Nutella and Kinder eggs, has ruled itself out of counter-bidding for Cadbury, leaving Kraft's agreed £11.9 billion bid unchallenged. Source: Latest Business News from Times Online | 25 Jan 2010 | 12:43 am Shikhar Balwani's This Week in India: Reserve Bank of India could trump earningsThe faces of traders on Mumbai’s Dalal Street will wear a look of anxiety as a string of major corporate results and the much-awaited review of the central bank’s monetary policy keep them on tenterhooks this week.
Source: MarketWatch.com - Top Stories | 25 Jan 2010 | 12:35 am Ban small print - it has become too big a problemWouldn't it be wonderful if the Financial Services decreed that any financial contract could be no more than a single piece of A4.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 25 Jan 2010 | 12:25 am Worried consumers are stashing their spare cashConsumers are still wary despite confidence increasing for the third quarter in a row.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 25 Jan 2010 | 12:05 am Obama plan could hurt U.S. banks: Swiss bankerZURICH (Reuters) - President Barack Obama's proposals to split traditional banking activities from riskier areas will harm U.S. banks without international co-ordination, a prominent Swiss banker said in Monday's Financial Times.Source: Reuters: Business News | 25 Jan 2010 | 12:02 am Currencies: Dollar slips ahead of central bank meetingsThe U.S. dollar is lower with its next big move likely to be guided by the outcome of this week’s central bank meetings in Japan and the United States.
Source: MarketWatch.com - Top Stories | 24 Jan 2010 | 11:19 pm Ethiopian airliner crashes near BeirutAn Ethiopian Airlines plane with 90 people on board crashed into the Mediterranean sea shortly after taking off from Beirut international airportSource: Financial Times - US homepage | 24 Jan 2010 | 10:59 pm The New DIY: White-Collar EndeavorsSome do-it-yourselfers are tackling their own accounting and lawyering.
Source: SmartMoney.com | 24 Jan 2010 | 10:00 pm Headed for an Outlet Mall? Wear Your Thinking Cap (Deal of the Day)Watch out for inflated prices, damaged goods and pseudo deals.
Source: SmartMoney.com | 24 Jan 2010 | 10:00 pm Living Together, but Investing ApartWhy more married couples are now leading separate lives -- financially.
Source: SmartMoney.com | 24 Jan 2010 | 10:00 pm Home-Improvement Spending: Looking UpIf you're thinking about remodeling, keep these things in mind.
Source: SmartMoney.com | 24 Jan 2010 | 10:00 pm Spouses Who Invest Apart: Pros and ConsShould you and your spouse split your money? The pros and cons.
Source: SmartMoney.com | 24 Jan 2010 | 10:00 pm Smartmoney DIY Video AwardsWill a three-minute Internet video really turn you into a pro?
Source: SmartMoney.com | 24 Jan 2010 | 10:00 pm The New Do-It-YourselfersChallenging times have brought out Americans' self-sufficient streak.
Source: SmartMoney.com | 24 Jan 2010 | 10:00 pm ETFs That Fight Inflation, MaybeFirms are creating products that aim to hedge against rising prices.
Source: SmartMoney.com | 24 Jan 2010 | 10:00 pm The New DIY: Toolbox AdventuresFrom car repair to home improvement, more Americans are getting handy.
Source: SmartMoney.com | 24 Jan 2010 | 10:00 pm The New DIY: Health CareMore Americans are avoiding pricey medical care.
Source: SmartMoney.com | 24 Jan 2010 | 10:00 pm China and Taiwan to start talks on trade dealChina and Taiwan are set to start talks on Tuesday on a trade deal termed the Economic Co-operation Framework Agreement (ECFA), China said on Sunday. Such an agreement could bring large-scale tangible...Source: RSS feed - channel BNPaperBusiness | 24 Jan 2010 | 9:45 pm Japan manufacturers' mood brightensTOKYO (Reuters) - Confidence among Japanese manufacturers has recovered to its highest level since the financial crisis hit, as strong exports to resurgent Asian markets raise hopes of a steady global recovery, a Reuters poll showed.Source: Reuters: Business News | 24 Jan 2010 | 9:34 pm Wal-Mart to eliminate 11,500 jobs at Sam's Club (AFP)
Source: Yahoo! News: Business News | 24 Jan 2010 | 9:13 pm Fonterra raises $270 million from its farmersAround one third of Fonterra's farmer shareholders have spent $270.7 million buying up new shares in their co-operative as part of changes to its capital structure.Fonterra's farmer shareholders have been given the opportunity...Source: nzherald.co.nz - Business | 24 Jan 2010 | 8:34 pm Missing millionaire was top Brierley execThe businessman at the centre of a missing person mystery in Australia is the former chief financial officer of Brierley Investments, based in New Zealand.The Sydney Morning Herald has reported that Herman Rockefeller failed...Source: nzherald.co.nz - Business | 24 Jan 2010 | 8:00 pm Service sector picking upActivity in New Zealand's services sector continued to expand in December, with accommodation, cafe and restaurant activity leading the way, the latest BNZ-Business NZ Performance of Services Index (PSI) showed.The PSI recorded...Source: nzherald.co.nz - Business | 24 Jan 2010 | 7:50 pm China economist sees 2010 GDP up 9.5 percentBEIJING (Reuters) - China's gross domestic product growth is likely to grow about 9.5 percent in 2010, largely driven by strong domestic consumption and corporate investment, a government researcher said in remarks published on Monday.Source: Reuters: Business News | 24 Jan 2010 | 7:11 pm Dollar Outlook: Kiwi may hold above US70c as OCR, Aust CPI loomThe New Zealand dollar, which tumbled 3.9 per cent last week on reduced risk appetite, will likely hold above 70 US cents over the next five days as investors await the central bank's interest rate review and inflation data in Australia,...Source: nzherald.co.nz - Business | 24 Jan 2010 | 7:00 pm 25 Best companies...fattest paychecksSenior account execs at Salesforce.com take home an average $249,607 annually. Who else offers big money?Source: Business and financial news - CNNMoney.com | 24 Jan 2010 | 6:21 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 | 24 Jan 2010 | 5:52 pm Why Apple dropped 10 bucksSource: Business and financial news - CNNMoney.com | 24 Jan 2010 | 5:42 pm AIG's airline leasing unit CEO to leave: reportNEW YORK (Reuters) - The chief executive of International Lease Finance Corp., the airline leasing company of American International Group , is expected to leave as soon as this week, the Wall Street Journal reported on Sunday, citing people familiar with the matter.Source: Reuters: Business News | 24 Jan 2010 | 5:33 pm Sam's Club cuts 11,200 jobs, 10 percent of workforceSAN FRANCISCO (Reuters) - Sam's Club, the warehouse club division of Wal-Mart Stores Inc is cutting roughly 11,200 jobs, or about 10 percent of its workforce, as it outsources in-store product demonstrations and eliminates positions used to recruit new business members.Source: Reuters: Business News | 24 Jan 2010 | 5:24 pm Cold winter leaves utilities with a warm feeling insideThe cold winter weather this year will deliver a £100 million boost to the profits of Britain’s Big Six energy companies, according to forecasts by City analysts. Source: Latest Business News from Times Online | 24 Jan 2010 | 5:01 pm Business big shot: Simon Laffin Chairman, M&BSimon Laffin, the chairman of Mitchells & Butlers (M&B), will chair his first — and probably his last — annual meeting of the pub and restaurant company’s shareholders on Thursday as the bar-room brawl that has threatened to tear the company apart over the past two months comes to a head at the ICC in Birmingham. Source: Latest Business News from Times Online | 24 Jan 2010 | 5:01 pm Aviva chief to promote welfare role for private sector in talk at Davos summitInsurers should work with European governments to negotiate a greater role for the private sector in welfare provision and funding long-term healthcare, Andrew Moss, the chief executive of Aviva, believes. Source: Latest Business News from Times Online | 24 Jan 2010 | 5:01 pm Hunt for E-Clear’s missing £100m turns to CyprusElias Elia, whose credit card company E-Clear went bust with debts of £100 million, was also running a property development company in Cyprus, The Times has learnt. Source: Latest Business News from Times Online | 24 Jan 2010 | 5:01 pm UK all the fashion for Spanish retailersFalling high street rentals and the low value of the pound are making Britain increasingly attractive to Spanish retailers, who are suffering a tough time in their home market, with consumer spending in freefall. Zara, Massimo Dutti, Desigual and Mango all have plans to expand this year in the UK. Source: Latest Business News from Times Online | 24 Jan 2010 | 5:01 pm Kate Ross: A positive start to 2010You have to admit the signs are looking good this year. I have personally only just got back to the office, but I came back to a very upbeat recruitment team working on a large number of new roles and an incredible amount of temp...Source: nzherald.co.nz - Business | 24 Jan 2010 | 5:00 pm Britain may scrap fixed retirement ageOlder workers in the UK will be able to continue in their jobs well into their 70s, 80s and even 90s, under proposals published today to scrap the national retirement age.The call by MPs and equality groups to end workplace discrimination...Source: nzherald.co.nz - Business | 24 Jan 2010 | 4:45 pm Bollard may hold to mid-year timing for OCR hike, start in AprilReserve Bank Governor Alan Bollard will probably wait until at least April before raising interest rates, though officially he may stick to his hinting at a mid-year hike this week.Bollard will keep the official cash rate at 2.5...Source: nzherald.co.nz - Business | 24 Jan 2010 | 4:30 pm Bankers to lobby for softer reformsSenior Wall Street bankers heading to the World Economic Forum will use the meeting in Davos to lobby regulators against a rigorous implementation of Barack Obama’s plan to cap the size and trading activity of banksSource: Financial Times - US homepage | 24 Jan 2010 | 4:18 pm US eyes bond issues to offload bank assetsThe US Federal Deposit Insurance Corporation is working on plans to package billions of dollars of assets from failed banks into securities, a move that will help restart the still dysfunctional markets for mortgage-backed bondsSource: Financial Times - US homepage | 24 Jan 2010 | 4:15 pm Shell to look beyond tar sandsRoyal Dutch Shell’s expansion in Canada’s controversial tar sands will be ‘very much slower’ than in recent years, the company’s new chief executive has saidSource: Financial Times - US homepage | 24 Jan 2010 | 4:01 pm Repo fears over US bank levy planThe Obama administration’s proposed bank levy is threatening the $3,800bn repurchase market, an obscure but fundamental source of funding for both financial groups and the US Treasury, executives and analysts have warnedSource: Financial Times - US homepage | 24 Jan 2010 | 4:00 pm Study names unfair credit card companiesHidden details about the interest charged on partly-paid or overdue credit card balances is unfairly costing customers, Australian consumer advocate group Choice says.A study of 20 credit card companies across the Tasman showed...Source: nzherald.co.nz - Business | 24 Jan 2010 | 4:00 pm Obama share scare: Market drop shows vulnerability (AP)
Source: Yahoo! News: Stock Markets News | 24 Jan 2010 | 3:53 pm Afren - the UK company leading the hunt for Africa's oilDespite, militant action, the threat of riots and headaches over licences, the buoyant company is succeeding where many of the majors have suffered.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 24 Jan 2010 | 3:52 pm City minister Myners seeks review of how investment banking has 'permeated' societyLord Myners, the City minister, calls for an independent review into the investment banking industry.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 24 Jan 2010 | 3:49 pm Woolies' demise sees jump in MBL salesThe demise of Woolworths and its Entertainment UK wholesale subsidiary has contributed to a surge in business for rival CD and DVD distributor MBL Group, which saw a 30pc jump in sales in the last quarter of 2009.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 24 Jan 2010 | 3:38 pm UK jobs market 'worse than it seems'The impact of the recession on the British jobs market is much worse than official unemployment figures suggest, according to the Chartered Institute of Personnel and Development (CIPD).Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 24 Jan 2010 | 3:35 pm Commercial property sees strong recovery ebbing awayThe commercial property market is unlikely to continue its recent strong run into 2010 according a panel of industry experts.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 24 Jan 2010 | 3:31 pm Democrats look to curb ruling on political fundsSenior Democratic lawmakers are studying a proposal to curtail any potential foreign influence over US elections following a Supreme Court ruling last week that gives corporate America, including US subsidiaries of foreign companies, a blank cheque to support or attack political candidatesSource: Financial Times - US homepage | 24 Jan 2010 | 3:30 pm Exports rise by £723m as companies benefit from weak pound, says RBSThe value of UK exports rose by £723m between the second and third quarters of last year according to data from Royal Bank of Scotland (RBS).Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 24 Jan 2010 | 3:28 pm McChrystal sees Taliban roleNato’s chief in Afghanistan has raised the prospect that his troop surge will lead to a negotiated peace with the militant Islamist group, and will urge allies to renew commitment to his strategy at a London conferenceSource: Financial Times - US homepage | 24 Jan 2010 | 3:05 pm 'Stimulus got me my job'Source: Business and financial news - CNNMoney.com | 24 Jan 2010 | 3:04 pm Hosted Exchange : Optimization & OrganizationMicrosoft Outlook Hosted Exchange Server is a godsend to companies looking to streamline communications as exchange server allows you to sync your Outlook based life across mobile devices and multiple PCs. From a business perspective, this is very useful as more and more work is done from the smartphone, from the car, from the bar and just about anywhere web access can be found. With the addition of VOIP, Fax, shared contacts amongst management or employees, and shared calendars in the office, Exchange is a must have for any business. Rackspace put together a good list of custom Outlook Exchange Rules that can be used to further organize the Hosted Exchange experience. What are Exchange Rules?
Top 8 Rules You Can Use To Get Organized in Microsoft Outlook
Source: Business Pundit | 24 Jan 2010 | 1:54 pm Dillinger's getaway car sells for $165,000A 1930 Ford Model A used by bank robber John Dillinger to evade federal agents sold at auction Saturday for $165,000.Source: Business and financial news - CNNMoney.com | 24 Jan 2010 | 1:06 pm Last Chance to Win 250 Free Business CardsMonday is the final day of a contest we’re running. Three people will win 250 business cards. Join the fun! Details below: PrintRunner has offered to give away a set of 250 business cards to 3 Business Pundit readers. They’re a full-service print shop offering brochures, flyers, catalogs, posters and more. Based in Southern California, PrintRunner was featured on the 2009 Inc. 5000 list of fastest-growing companies. The cards are free, but you have to pay for shipping at checkout. Winners will receive a special code to order their free cards. How do you win? The contest will run until January 24. I’ll pick three winners who give the best completion to the sentence below: In order to fix our financial problems, the US government needs to… Write your answer in the comments section below. Winners will have the most accurate, original, unusual, funny, or otherwise eye-catching reply. Official Rules: • You can only win once I’ll post the winners on Monday, January 25.
Source: Business Pundit | 24 Jan 2010 | 10:29 am Bin Laden claims US bomb attemptOsama bin Laden has claimed responsibility for a foiled Christmas day attack on a transatlantic passenger jet in the US and pledged that there will be further attacksSource: Financial Times - US homepage | 24 Jan 2010 | 4:44 am
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