Boeing says 747-8 freighter to make first flight (AP)

Spectators gather to watch the new Boeing 747-8 freighter during taxi tests for the new airplane on Saturday Feb. 6, 2010 at Paine Field in Everett, Wash. The plane is longer than previous 747 models and adopts technology used in the composite 787 Dreamliner for the new 747-8's wings, engines and cockpit. The 747-8 is expected to make its maiden flight Monday, Feb. 8, 2010. (AP Photo/Seattlepi.com, Joshua Trujillo) MAGS OUT; NO SALES; SEATTLE TIMES OUT; MANDATORY CREDIT; TV OUTAP - Boeing Co.'s giant 747-8 freighter should make its first flight Monday after performing well on taxi tests and reaching a top speed of about 103.5 mph, the company said.



Source: Yahoo! News: Business News | 7 Feb 2010 | 2:47 am

G-7 officials stress unity on global economy (AP)

Giulio Tremonti, Italian Minister of Economy and Finance, left, rides a dogsled on the outskirts of the northern Canadian Arctic community of Iqaluit, Nunavut, Friday Feb. 5, 2010. Iqaluit is the site of the G7 Finance Ministers meeting.  (AP Photo/The Canadian Press, Fred Chartrand)AP - Top international finance officials renewed their commitments to keep spending to support a global rebound while playing down differences over new U.S. approaches on bank reform.



Source: Yahoo! News: Business News | 7 Feb 2010 | 2:40 am

Toyota to unveil Prius-brakes plan: reports

Toyota Motor Corp. this week is likely to announce a recall or repair plan to fix the braking problems reported on the latest model of its Prius hybrid vehicle, media reports say.



Source: MarketWatch.com - Top Stories | 7 Feb 2010 | 2:36 am

Toyota to announce action soon for Prius hybrids (AP)

Toyota Motor Corp.'s new Prius is displayed at the Toyota museum in Toyota, central Japan, Saturday, Feb. 6, 2010. (AP Photo/Itsuo Inouye)AP - Toyota said Sunday that it will soon announce a plan for dealing with braking problems in its Prius hybrid amid reports that the world's largest automaker plans to issue a recall for the latest model of the vehicle in Japan.



Source: Yahoo! News: Business News | 7 Feb 2010 | 2:16 am

Toyota to announce Prius recall this week: report (AFP)

Japan's crisis-hit Toyota Motor is set to announce a recall of the latest model of its top-selling Prius hybrid in Japan and the United States due to brake design flaws, a report said Sunday.(AFP/Kazuhiro Nogi)AFP - Toyota, reeling from car safety woes that have sullied its global reputation, will this week announce the recall of 300,000 of its flagship Prius hybrid because of brake flaws, newspapers reported Sunday.



Source: Yahoo! News: Business News | 7 Feb 2010 | 1:45 am

Moorpark couple want to break cycle of financial mismanagement

After giving up their home in a 'short sale,' Michelle and Mike Nicholson are still carrying a mountain of credit card debt.

Shadowed by debt and a bad bet on real estate, Michelle and Mike Nicholson want a fresh start for their growing family.



Source: L.A. Times - Business | 7 Feb 2010 | 1:00 am

Little credit unions are a viable alternative to big banks

Member-owned institutions can provide better rates although services may be limited.

Dear Liz: I want to stop supporting the greedy banking industry by changing my checking account from a big bank to my local credit union. But I'm worried I will have to give up services I like, such as online banking and free bill payment. What will I give up if I use a credit union?



Source: L.A. Times - Business | 7 Feb 2010 | 1:00 am

Virtual pioneer Jaron Lanier warns: Machines make bad masters

"People have to be able to make money off their brains and their hearts," Jaron Lanier was telling me. "Or else we're all going to starve, and it's the machines that'll get good."



Source: L.A. Times - Business | 7 Feb 2010 | 1:00 am

SEC enforcement chief wants to catch investment scammers in the act

Robert Khuzami launches a new program to encourage whistle-blowers involved in financial scams and presses for laws to provide big rewards for securities tattletales

When it comes to securities fraud, 2009 was either the best of times or the worst. Both arguments are made in the statistics.



Source: L.A. Times - Business | 7 Feb 2010 | 1:00 am

'Cash-in' refis growing in popularity

Instead of tapping into equity, Americans are preferring to put in cash to cut debt.

Thinking of cashing out some equity when you refinance your mortgage? Sure, that used to be what millions of homeowners did when they needed extra money.



Source: L.A. Times - Business | 7 Feb 2010 | 1:00 am

How I Made It: Amy Hennig

The creative director at Naughty Dog Studios left film school to focus on video games. Her advice for aspiring game makers: Put yourself in a position where lightning can strike.

The gig: Creative director at Naughty Dog Studios in Santa Monica. That makes Hennig, 45, the person in charge of all creative decisions, including writing, casting and design, at the video game company, which is owned by Sony Computer Entertainment America.



Source: L.A. Times - Business | 7 Feb 2010 | 1:00 am

Toyota tells dealers it'll send them plans for fixing Prius brakes

The company says it will supply a remedy next week for braking problems on the 2010 Prius. But it does not say whether there will be a recall. ...
Source: RSS feed - channel BNPaperBusiness | 7 Feb 2010 | 1:00 am

Business Letters

Re: "New budget trajectory for NASA," Feb. 4:
Source: RSS feed - channel BNPaperBusiness | 7 Feb 2010 | 1:00 am

Little credit unions are a viable alternative to big banks

Member-owned institutions can provide better rates although services may be limited. Dear Liz: I want to stop supporting the greedy banking...
Source: RSS feed - channel BNPaperBusiness | 7 Feb 2010 | 1:00 am

How I Made It: Amy Hennig

The creative director at Naughty Dog Studios left film school to focus on video games. Her advice for aspiring game makers: Put yourself in a position where lightning can strike. ...
Source: RSS feed - channel BNPaperBusiness | 7 Feb 2010 | 1:00 am

'Cash-in' refis growing in popularity

Instead of tapping into equity, Americans are preferring to put in cash to cut debt. Thinking of cashing out some...
Source: RSS feed - channel BNPaperBusiness | 7 Feb 2010 | 1:00 am

Virtual pioneer Jaron Lanier warns: Machines make bad masters

"People have to be able to make money off their brains and their hearts," Jaron Lanier was telling me. "Or else we're all going to starve, and it's the machines that'll get good."
Source: RSS feed - channel BNPaperBusiness | 7 Feb 2010 | 1:00 am

Congressional committees gearing up for Toyota hearings

Investigators will focus on discrepancies in the automaker's explanation of the sudden-acceleration problem and examine the regulatory role of the National Highway Traffic Safety Administration. ...
Source: RSS feed - channel BNPaperBusiness | 7 Feb 2010 | 1:00 am

SEC enforcement chief wants to catch investment scammers in the act

Robert Khuzami launches a new program to encourage whistle-blowers involved in financial scams and presses for laws to provide big rewards for securities tattletales ...
Source: RSS feed - channel BNPaperBusiness | 7 Feb 2010 | 1:00 am

Sleek, eco-conscious reinvention

Energy efficiency, natural light and recycled and experimental materials take center stage A rebuilt Westside...
Source: RSS feed - channel BNPaperBusiness | 7 Feb 2010 | 1:00 am

Moorpark couple want to break cycle of financial mismanagement

After giving up their home in a 'short sale,' Michelle and Mike Nicholson are still carrying a mountain of credit card debt. ...
Source: RSS feed - channel BNPaperBusiness | 7 Feb 2010 | 1:00 am

Sleek, eco-conscious reinvention

Energy efficiency, natural light and recycled and experimental materials take center stage

A rebuilt Westside home inspired by Rudolph Schindler and infused with an Icelandic sensibility has come on the market for the first time.



Source: L.A. Times - Business | 7 Feb 2010 | 1:00 am

Toyota tells dealers it'll send them plans for fixing Prius brakes

The company says it will supply a remedy next week for braking problems on the 2010 Prius. But it does not say whether there will be a recall.

Toyota sent a message to its beleaguered dealers Friday night saying they would be getting details of a plan this week to deal with brake-system problems on the 2010 Prius.



Source: L.A. Times - Business | 7 Feb 2010 | 1:00 am

Business Letters

Re: "New budget trajectory for NASA," Feb. 4:



Source: L.A. Times - Business | 7 Feb 2010 | 1:00 am

Alarm spreads over Europe's massive deficits

The swelling public deficits in Portugal, Spain and Greece have plunged the eurozone into the biggest crisis in its 11-year life, presaging years of belt-tightening, analysts warn. It is
Source: RSS feed - channel BNewsBusiness | 6 Feb 2010 | 10:22 pm

Dinar's dive means trouble for Serbs with euro-loans

The steady decline of the Serbian dinar, which is close to the symbolic threshold of 100 dinars for one euro, means many Serbs are struggling to repay their loans traditionally denominated...
Source: RSS feed - channel BNewsBusiness | 6 Feb 2010 | 10:01 pm

AP: More migration has meant more economic stress

Nameche liked the farms around her new neighborhood, the fact that she could see the stars at night and the chance to raise her two children with other young families who were pioneering...
Source: RSS feed - channel BNewsBusiness | 6 Feb 2010 | 10:00 pm

27 Funds With Good Returns Since Inception (Screens)

These funds have been pleasing their shareholders since they opened.



Source: SmartMoney.com | 6 Feb 2010 | 10:00 pm

Open skies, budget travel: Asian airlines soar

The boom in low-cost travel and a growing web of open-skies agreements are expected to power long-term growth for Asian airlines after the global recession, industry bosses and analysts...
Source: RSS feed - channel BNewsBusiness | 6 Feb 2010 | 9:50 pm

G7 reassures on Greece, talks tough on banks

IQALUIT, Canada (Reuters) - Reassurances about debt-strapped Greece and agreement that banks should pay for future rescue funds capped an international meeting in Canada's Arctic, as European policymakers sought to convince jittery markets that they have things under control.

Source: Reuters: Business News | 6 Feb 2010 | 9:45 pm

Reports: Toyota decides to recall Prius in Japan

Toyota has decided to issue a recall for the Prius in Japan, media reports said Sunday, as the company told dealers in the United States it is preparing to repair the brakes on thousands of
Source: RSS feed - channel BNewsBusiness | 6 Feb 2010 | 9:43 pm

Toyota to recall Prius for brake glitch: dealer

TOYOTA CITY, Japan (Reuters) - Toyota Motor Corp, which has recalled more than 8 million vehicles around the world for problems with unintended acceleration, has decided to recall its new Prius hybrid in Japan to fix a braking software glitch, a dealer said Sunday.

Source: Reuters: Business News | 6 Feb 2010 | 9:29 pm

Weak euro 'an improvement': French economy minister

The recent weakening of the euro in relation to foreign currencies is "an improvement" over its past strength, French Economy Minister Christine Lagarde said at G7 talks. "We have always
Source: RSS feed - channel BNewsBusiness | 6 Feb 2010 | 8:45 pm

G7 to continue stimulus until global economy on track (AFP)

Japanese Finance Minister Naoto Kan takes a break from G7 ministerial talks to ride a dogsled on Frobisher Bay. Finance ministers from leading industrialized nations vowed to continue epic deficit spending to bolster a fragile global recovery at the end of G7 talks in Canada's far north.(AFP/Pool/Chris Wattie)AFP - Finance ministers from leading industrialized nations vowed to continue epic deficit spending to bolster a fragile global recovery at the end of G7 talks in Canada's far north.



Source: Yahoo! News: Business News | 6 Feb 2010 | 8:21 pm

Toyota to recall Prius cars in Japan: report

TOKYO (Reuters) - Toyota Motor Corp has decided to recall its new Prius hybrid cars sold in Japan to fix a software glitch related to braking, a Japanese newspaper said on Sunday.
Source: RSS feed - channel BNewsBusiness | 6 Feb 2010 | 8:14 pm

Earth, wind and wire: Going beyond solar panels

Here's a look at three technologies that California residents are using to cut their energy bills and turn their homes into clean mini-power plants.

Not long ago, people who wanted to generate their own green energy at home had to content themselves with rooftop solar panels.



Source: L.A. Times - Business | 6 Feb 2010 | 7:57 pm

Boeing says 747-8 freighter to make first flight

Boeing Co.'s giant 747-8 freighter should make its first flight Monday after performing well on taxi tests and reaching a top speed of about 103.5 mph, the company said. At 250 feet...
Source: RSS feed - channel BNewsBusiness | 6 Feb 2010 | 7:34 pm

Boeing says 747-8 freighter's taxi tests went well

Boeing Co. says taxi tests on its giant 747-8 freighter went well, and the new plane should make its first flight on Monday. The company says the plane performed well during the tests at
Source: RSS feed - channel BNewsBusiness | 6 Feb 2010 | 7:03 pm

Jury: Bayer must pay $1.5M to AK, MS rice farmers

A federal court jury in Arkansas says the German conglomerate Bayer CropScience should pay $1.5 million to farmers in that state and Mississippi whose rice seed was contaminated with a...
Source: RSS feed - channel BNewsBusiness | 6 Feb 2010 | 6:31 pm

G7 wants banks to pay for rescue, details pending

IQALUIT, Canada (Reuters) - The idea of a global tax on banks to recapture bailout costs gained ground on Saturday, boosted by the Obama administration's latest proposals, but there was no agreement on a specific design.

Source: Reuters: Business News | 6 Feb 2010 | 5:54 pm

G7 pledges to cancel Haiti debt

The world's top seven industrialised nations vow to cancel Haiti's debts in the wake of its devastating earthquake.
Source: BBC News | Business | World Edition | 6 Feb 2010 | 5:15 pm

Sharpening the knives to avoid a Greek tragedy

Imagine. The budget goes down badly in the markets, producing a big bond market sell-off and the threat of a downgrade from rating agencies.


Source: Latest Business News from Times Online | 6 Feb 2010 | 5:01 pm

The Andrew Davidson interview: Irene Rosenfeld

So, Irene Rosenfeld, how was the takeover of Cadbury for you? The boss of Kraft pulls one of her trademark frowns, head down, eyebrows furrowed, focusing with palpable intensity. “Well, we understood Cadbury was a British icon — that was one of the reasons we were interested in it — we value its heritage, and the passion for the brand. It matches the passion Americans have for Kraft brands . . .”


Source: Latest Business News from Times Online | 6 Feb 2010 | 5:01 pm

Google leaps language barrier with translator phone

GOOGLE is developing software for the first phone capable of translating foreign languages almost instantly — like the Babel Fish in The Hitchhiker’s Guide to the Galaxy.
Source: Latest Business News from Times Online | 6 Feb 2010 | 5:01 pm

Consevative party to torpedo Tesco growth plans

TESCO is facing a double blow from proposals by the Conservative party to shake up the planning system.


Source: Latest Business News from Times Online | 6 Feb 2010 | 5:01 pm

Santander readies £15bn float of British banks

SANTANDER, the Spanish banking giant, is examining plans to list its expanding British business on the London Stock Exchange in a deal that could value the operation at more than £15 billion.


Source: Latest Business News from Times Online | 6 Feb 2010 | 5:01 pm

Chief executives can’t justify their soaring pay

It’s déjà vu all over again on executive pay. Railing against boardroom excess used to be a popular pastime in Britain, until we became obsessed by the even more shameless amounts paid out at private-equity firms, hedge funds and investment banks. We forgot about it completely in the past two years, distracted by the momentous events of the credit crunch, banking crisis and resulting recession.


Source: Latest Business News from Times Online | 6 Feb 2010 | 5:01 pm

New Star name to be removed from Henderson products

ONE of Britain’s best-known personal finance brands, New Star, will soon disappear.


Source: Latest Business News from Times Online | 6 Feb 2010 | 5:01 pm

Toyota drivers warn of new risk

TOYOTA is facing a raft of legal actions alleging that drivers have been seriously hurt and even killed because of problems with their cars’ electronic throttle control systems.
Source: Latest Business News from Times Online | 6 Feb 2010 | 5:01 pm

Activist takes aim at Pinewood Shepperton bosses

ONE of the leading shareholders in Pinewood Shepperton will this week call for showdown talks with Michael Grade, the chairman of the film studio group, over his strategy for the business.


Source: Latest Business News from Times Online | 6 Feb 2010 | 5:01 pm

JP Morgan to face Lehman crash probe

A COURT-APPOINTED investigator is this week expected to shine fresh light on the role of JP Morgan and other financial institutions in the events running up to the collapse of Lehman Brothers, the American investment house.


Source: Latest Business News from Times Online | 6 Feb 2010 | 5:01 pm

Recession memories prompt more to save

Last year's economic uncertainty has led to more people planning to stick to a savings plan.A MasterCard survey shows that almost nine out of ten people intend to save at least the same amount as they did six months ago.Fifty-two...
Source: nzherald.co.nz - Business | 6 Feb 2010 | 5:00 pm

Toyota drivers pull in for repair; Prius fix looms (AP)

The Toyota symbol is seen on the hood of a 2007 Camry, covered in snow by a major winter storm, in Havertown, Pa. Saturday Feb. 6, 2010.  (AP Photo/Jacqueline Larma)AP - Responding to two recalls and facing the prospect of another one, Toyota dealers across the country were repairing thousands of cars Saturday, the first weekend day that many drivers had a chance to take action.



Source: Yahoo! News: Business News | 6 Feb 2010 | 4:47 pm

EMI maintains its charity record in testing times


Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 6 Feb 2010 | 4:00 pm

Norfolk is the best-kept secret in UK energy

Norfolk has a well-kept secret - its oil and gas industry is second only to Aberdeen in importance in the UK. The problem, says George Morrison of Aquaterra Energy, is that not many engineering graduates know this.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 6 Feb 2010 | 3:48 pm

GSK's strategy looks good


Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 6 Feb 2010 | 3:43 pm

'Young Davos' to give world's youth a voice

EMI Music chief Elio Leoni-Sceti will next week listen to 700 young people trying to solve global problems at One Young World, a London conference dubbed 'Young Davos'.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 6 Feb 2010 | 3:37 pm

Rio Tinto to repor it has halved debts

Mining giant Rio Tinto is expected to reveal it has halved its debt pile when it reports full-year results on Thursday.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 6 Feb 2010 | 3:29 pm

Larkham to join Incisive Media board

Brian Larkham, former chief executive of listed private equity giant 3i, is joining business-to-business publisher Incisive Media as a director.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 6 Feb 2010 | 3:26 pm

Premier moves to offload pension risk

Mr Kipling-to-Hovis producer Premier Foods is close to wrapping up a deal to offload the longevity risks of its £2bn Rank Hovis McDougall pension scheme.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 6 Feb 2010 | 3:20 pm

UK companies fear recession despite upturn

Three-quarters of British businesses say they do not feel like the recession is over, even though the economy has finally started growing again.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 6 Feb 2010 | 3:10 pm

Geithner says zeal for bank reform intact

IQALUIT, Canada (Reuters) - Treasury Secretary Timothy Geithner insisted on Saturday that major economies were not easing up on their commitment to stiffen the rules for banks just because the global economy was recovering.

Source: Reuters: Business News | 6 Feb 2010 | 3:07 pm

Grainger faces rebellion over departure package for chief

Grainger, the FTSE 250 residential property company, faces a potential shareholder rebellion at its annual meeting this week over a £3m "compromise agreement" paid to its outgoing chief executive.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 6 Feb 2010 | 3:07 pm

NewsWatch: Bruised stock investors crawl back into ring

U.S. stock investors in the week ahead await earnings from Viacom, Sprint and Disney, and testimony from Ben Bernanke. But China and sovereign debt issues could dominate.



Source: MarketWatch.com - Top Stories | 6 Feb 2010 | 3:05 pm

Resurgent Lloyds looks for shake-up

Lloyd's of London will tomorrow unveil its largest ever strategic review - kickstarting what is likely to be one of the most profitable reporting seasons in the insurance market's 322-year history.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 6 Feb 2010 | 3:03 pm

G7 warms to idea of bank levy

Finance ministers from the world's most advanced nations have begun to coalesce around the idea of imposing levies on banks to help insure the global economy against future financial crises, officials said at the end of a G7 meeting
Source: Financial Times - US homepage | 6 Feb 2010 | 3:00 pm

Goldman CEO bonus only $9 million in nod to public ire

NEW YORK (Reuters) - In a sign it is concerned about Main Street anger over bankers' compensation, Goldman Sachs Group Inc decided to give its CEO Lloyd Blankfein and other top executives lower bonuses than many had expected.

Source: Reuters: Business News | 6 Feb 2010 | 3:00 pm

INSIDE WASHINGTON: Missed signs in Toyota recalls (AP)

FILE - In this Feb. 5, 2010, file photo Toyota Motor Corp. President and CEO Akio Toyoda, 53, speaks during his first news conference since Toyota announced a recall for faulty gas pedals on Jan. 21 affecting 4.5 million vehicles. The grandson of the company's founder was sharply criticized by Japanese media for what they called a delayed and unconvincing explanation for the massive car recall that has sullied the world's biggest automaker.  (AP Photo/Itsuo Inouye, File)AP - When Peter Boddeart's Lexus lurched forward and rear-ended another vehicle in Fauquier County, Va., earning him a police citation, he wrote to federal regulators imploring them to look into his case "before someone ends up seriously injured or killed."



Source: Yahoo! News: Business News | 6 Feb 2010 | 2:21 pm

Prius brake fix near, Toyota tells dealers

Toyota Motor notified dealers it is prepared to unveil a solution to problems with the brake system of the popular Prius hybrid sedan, as well as a public relations campaign to try to repair its battered image.
Source: Business and financial news - CNNMoney.com | 6 Feb 2010 | 2:04 pm

Obama recommits to health-care reform

Tells fellow Democrats that health insurance must be made a right, not a privilege.



Source: MarketWatch.com - Top Stories | 6 Feb 2010 | 1:20 pm

Madoff's penthouse has a buyer -- peek inside


Source: Business and financial news - CNNMoney.com | 6 Feb 2010 | 1:19 pm

Storm wallops mid-Atlantic

Snowfall of 2 feet and more snarls travel throughout mid-Atlantic region, leads to widespread power outages.



Source: MarketWatch.com - Top Stories | 6 Feb 2010 | 12:52 pm

This Wall Street CEO got $16 million

JPMorgan Chase Chairman and CEO Jamie Dimon will take home a nearly $16 million bonus in restricted stock and options for leading the bank to a big profit last year.
Source: Business and financial news - CNNMoney.com | 6 Feb 2010 | 12:39 pm

Meet the market's 10 biggest losers

Fortunes have been made and lost since AOL was last a standalone company. These 10 companies have lost the most in market value over the past decade.
Source: Business and financial news - CNNMoney.com | 6 Feb 2010 | 12:38 pm

Italy's ENI withdraws Uganda oil reserves bid (AFP)

The logo of Italian energy giant ENI. Italy's ENI has withdrawn a bid to buy Ugandan oil reserves currently controlled by Canada's Heritage Oil after Britain's Tullow invoked preemption rights, Dow Jones reported Saturday.(AFP/File/Damien Meyer)AFP - Italy's ENI has withdrawn a bid to buy Ugandan oil reserves currently controlled by Canada's Heritage Oil after Britain's Tullow invoked preemption rights, Dow Jones reported Saturday.



Source: Yahoo! News: Business News | 6 Feb 2010 | 12:25 pm

Liquor store privatization a boon for Big Booze?

With their finances on the rocks, states that control the sale of liquor to the public are looking at handing the job to private enterprise.



Source: MarketWatch.com - Top Stories | 6 Feb 2010 | 12:00 pm

G7 agrees banks must help pay crisis costs

IQALUIT, Canada (Reuters) - Group of Seven officials agree banks must contribute toward the cost of dealing with the financial crisis but have not agreed on how they should pay, a German official said on Saturday.

Source: Reuters: Business News | 6 Feb 2010 | 11:26 am

Obama promises no retreat on reforms

President Barack Obama vowed not to abandon his push for financial regulatory and healthcare reforms as he sought to boost the morale of fellow Democrats after the loss of a pivotal U.S. Senate seat
Source: Financial Times - US homepage | 6 Feb 2010 | 11:01 am

US and Germany say Iran not ready for nuclear deal

The United States and Germany said they saw no sign Tehran would make concessions on its nuclear programme despite upbeat comments from Iran’s foreign minister over prospects for a deal
Source: Financial Times - US homepage | 6 Feb 2010 | 10:47 am

Russia Medvedev wants lower lending rates

MOSCOW (Reuters) - Russian President Dmitry Medvedev on Saturday told the head of state-owned bank VEB Vladimir Dmitriev that lending rates must continue to decline, Russian agencies reported.

Source: Reuters: Business News | 6 Feb 2010 | 10:44 am

Dubai's Shuaa Capital narrows Q4 loss to $42 million (Reuters)

Reuters - Dubai's Shuaa Capital narrowed its net loss 73 percent in the fourth quarter, as the investment bank's brokerage and private equity operations returned to profit and its corporate division curbed losses.
Source: Yahoo! News: Business News | 6 Feb 2010 | 10:27 am

Dubai's Shuaa Capital narrows Q4 loss to $42 million

DUBAI (Reuters) - Dubai's Shuaa Capital narrowed its net loss 73 percent in the fourth quarter, as the investment bank's brokerage and private equity operations returned to profit and its corporate division curbed losses.

Source: Reuters: Business News | 6 Feb 2010 | 10:27 am

The Unusual Suspects (AMAG, AAPL, BIDU, DENN, APD, ARG, MU, GILD, XNPT)

This past week was filled with many surprises and earnings are still coming on strong.  We wanted to look at some companies that either have unfinished business or are on deck with pending news this coming week for our review of the Unusual Suspects.  AMAG Pharmaceuticals, Inc. (NASDAQ: AMAG) has a rebuttal, Apple Inc. (NASDAQ: [...]

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]



Source: 24/7 Wall St. | 6 Feb 2010 | 10:23 am

NewsWatch: Bruised stock investors crawl back into ring

U.S. stock investors in the week ahead await earnings from Viacom, Sprint and Disney, and testimony from Ben Bernanke. But China and sovereign debt issues could dominate.



Source: MarketWatch.com - Top Stories | 6 Feb 2010 | 10:00 am

America's Biggest Ripoffs


Source: Business and financial news - CNNMoney.com | 6 Feb 2010 | 9:32 am

Obama pushes Congress for small biz action

President Obama has been talking -- a lot -- about what Washington needs to do to help save small businesses. Over the past week, he's introduced a half-dozen different initiatives aimed at unlocking credit, creating jobs and expanding the Small Business Administration's loan programs.
Source: Business and financial news - CNNMoney.com | 6 Feb 2010 | 9:28 am

Check before you hire

Employers need to stop being so trusting when it comes to hiring staff, says a former security intelligence officer. Craig Gubbins, owner of screening firm Personal Verification, says managers typically think nothing of having...
Source: nzherald.co.nz - Business | 6 Feb 2010 | 9:00 am

Martin Hawes: No time to sell the kids

When it comes to investment, I like a bargain. I am never happier than when I have lined up a group of investments that are cheap; things that are so good I could sell the kids, mortgage the dog or pawn granny's brooch to raise the...
Source: nzherald.co.nz - Business | 6 Feb 2010 | 9:00 am

Michael Lang : Get a bigger slice of pie

One of the least understood aspects of KiwiSaver is the new tax code designed to go with it. After returns, the level of tax investors pay is the biggest determinant of how quickly investments grow.Tax should be considered as...
Source: nzherald.co.nz - Business | 6 Feb 2010 | 9:00 am

Car yards to grave yards

The days of visiting a string of car yards all on the same street in the quest for the perfect vehicle are fast disappearing.A mixture of rising land prices and shoppers going online is turning the classic car yard into an endangered...
Source: nzherald.co.nz - Business | 6 Feb 2010 | 9:00 am

Foreigner snaps up $30m Chrisco mansion

New Zealand's most expensive home the $30 million "Chrisco" mansion is understood to have finally sold.Nearly two years after owners Richard and Ruth Bradley founders of the Chrisco Christmas hamper empire moved to Sydney, the...
Source: nzherald.co.nz - Business | 6 Feb 2010 | 9:00 am

Idyllic retreat ripe for tourism

St Kilda estate, also known as Kokowhai Bay, within Admiralty Bay at the top of the South Island, is being marketed for sale as a property with significant tourism potential - especially for visitors interested in eco-tourism attractions.The...
Source: nzherald.co.nz - Business | 6 Feb 2010 | 9:00 am

Maverick studio's mighty fall

The camera glides across the water before panning up to see a moonlit shot of the Manhattan skyline. Fading to black, up comes the white lettering: Miramax Films.As film company logos go, maybe it doesn't rank with the roaring...
Source: nzherald.co.nz - Business | 6 Feb 2010 | 9:00 am

Couple in shock over $55,000 electricity bill

A couple hit with a $55,000 power bill after being undercharged for years say Mercury Energy is bullying them to pay.Gary and Judy Inglis, who own Smitty's Sports Bar and Grill in Whitianga, say they switched power providers in...
Source: nzherald.co.nz - Business | 6 Feb 2010 | 9:00 am

Ideal commercial investment

Being marketed as "the ideal passive investment", an Orewa funeral home and former church will be auctioned later this month by CB Richard Ellis.Forrest Funeral Services has occupied the building at 39 Riverside Drive for more...
Source: nzherald.co.nz - Business | 6 Feb 2010 | 9:00 am

Market Snapshot: Bruised stock investors crawl back into ring

U.S. stock investors in the week ahead await earnings from Viacom, Sprint and Disney, and testimony from Ben Bernanke. But China and sovereign debt issues could dominate.



Source: MarketWatch.com - Top Stories | 6 Feb 2010 | 8:27 am

IT glitch causes more tax errors

Revenue staff tip off Radio 4's Money Box that there are more tax code problems than their bosses are admitting to.
Source: BBC News | Business | World Edition | 6 Feb 2010 | 7:50 am

Charlie Rose loves Apple's iPad


Source: Business and financial news - CNNMoney.com | 6 Feb 2010 | 7:29 am

Stocks claw out a gain after late rally

Stocks erased big losses by the close Friday, with technology shares leading the advance, following a three-session rout that had taken the market to its lowest point since last fall.
Source: Business and financial news - CNNMoney.com | 6 Feb 2010 | 7:28 am

NewsWatch: Bank failures to keep rising in 2010

The continuing fallout from bad loans made in good years means even more U.S. banks will fail in 2010 than 2009, despite a recovering economy.



Source: MarketWatch.com - Top Stories | 6 Feb 2010 | 7:05 am

Videos Viewed Top 33 Billion In December, Hulu Surges

The number of videos view online by America internet users has increased steadily over the last three years, primarily due to the success of Google’s (GOOG) YouTube which the search company bought in late 2006 for $1.65 billion. YouTube has lost money since then according to many Wall St. analysts. The site is still primarily [...]

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Source: 24/7 Wall St. | 6 Feb 2010 | 6:17 am

Top Ten: The week's Top 10 videos on MarketWatch

In case you missed them, here are the top 10 videos that appeared on MarketWatch for the week of Feb. 1-5:



Source: MarketWatch.com - Top Stories | 6 Feb 2010 | 6:01 am

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

In case you missed them, here are the top 10 Personal Finance stories from MarketWatch for the week of Feb. 1-5:



Source: MarketWatch.com - Top Stories | 6 Feb 2010 | 6:01 am

Bank Failures In 2010 May Hit 200, Up Over 40%

The FDIC was probably wise to get its member banks to prepay their fees for 2010, 2011, and 2012. The agency brought in $45 billion by the action, just as its capital base went into the red early last October. The FDIC could have taken in the funds from the Treasury Department instead, but that [...]

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Source: 24/7 Wall St. | 6 Feb 2010 | 5:56 am

Toyota tarnished

Car recall crisis hits home in company city
Source: BBC News | Business | World Edition | 6 Feb 2010 | 4:55 am

Recovery, debt woes to hound stocks

NEW YORK (Reuters) - Stocks face more turbulence that could send indexes spiraling through key levels next week as doubts about the pace of the global recovery persist and fears over Europe's sovereign debt woes rattle sentiment.

Source: Reuters: Business News | 6 Feb 2010 | 4:54 am

Recovery, debt woes to hound stocks (Reuters)

Japan's head of delegation, Taizo Nishimuro, head of the Tokyo Stock Exchange, left, and his Chinese counterpart Tang Jiaxuan, right, chat at the end of the opening ceremony of the Japan-China Friendship Committee for the 21st Century at Diaoyutai in Beijing, China, Sunday, Feb. 7, 2010. (AP Photo/Diego Azubel, Pool)Reuters - Stocks face more turbulence that could send indexes spiraling through key levels next week as doubts about the pace of the global recovery persist and fears over Europe's sovereign debt woes rattle sentiment.



Source: Yahoo! News: Stock Markets News | 6 Feb 2010 | 4:35 am

US urges EU assembly not to block bank data deal (AFP)

US National Security Advisor James Jones, seen here in January 2010, appealed to the European parliament not to block a deal allowing a transatlantic exchange of data considered vital to combat terror financing.(AFP/Getty Images/File/Alex Wong)AFP - US National Security Advisor James Jones Saturday appealed to the European parliament not to block a deal allowing a transatlantic exchange of data considered vital to combat terror financing.



Source: Yahoo! News: Business News | 6 Feb 2010 | 3:54 am

Australia in huge China coal deal

An Australian firm signs a $60bn deal to supply coal to Chinese power stations from a mine to be built in Queensland.
Source: BBC News | Business | World Edition | 6 Feb 2010 | 3:18 am

'Outrage' over BAE deal

Campaigners express anger as defence group BAE Systems strikes a deal to end UK and US investigations into its affairs.
Source: BBC News | Business | World Edition | 6 Feb 2010 | 3:01 am