10 Things Your Car Dealer Won't Tell You (10 Things)

Shady financing, overpriced inventory and shaky customer service are some.



Source: SmartMoney.com | 14 Feb 2010 | 10:00 pm

Police: Alaska oil firm head dies in avalanche (AP)

FILE - Jim Bowles, president of ConocoPhillips Alaska answers questions during a news conference in Anchorage, Alaska, in this April 8, 2008 file photo. Bowles, the head of the oil giant's Alaska operations, was with a dozen snowmobilers in the Grandview wilderness area near Seward on the Kenai Peninsula when an avalanche roared down a slope Saturday Feb. 13, 2010 and swept two of them away. Troopers say Bowles' body was recovered before nightfall.   (AP Photo/Al Grillo, File)AP - The president of ConocoPhillips Alaska was killed and another person was feared dead after the two were swept away while snowmobiling on Alaska's Kenai Peninsula, state police said.



Source: Yahoo! News: Business News | 14 Feb 2010 | 3:32 am

Iran begins drilling oil well in Caspian Sea

State TV reports that Iran has began drilling its first exploratory oil well in the Caspian Sea. The Sunday report quotes head of Iran's North Drilling Company Hedayatollah Khademi as...
Source: RSS feed - channel BNewsBusiness | 14 Feb 2010 | 3:19 am

Iran begins drilling oil well in Caspian Sea (AP)

AP - State TV reports that Iran has began drilling its first exploratory oil well in the Caspian Sea.
Source: Yahoo! News: Business News | 14 Feb 2010 | 3:19 am

US debt will keep growing even with recovery

It's bad enough that Greece's debt problems have rattled global financial markets. In the world's largest economic and military power, there's a far more serious debt dilemma. For the...
Source: RSS feed - channel BNewsBusiness | 14 Feb 2010 | 3:13 am

Recall woes show new challenges for 'Toyota Way' (AP)

FILE - In this Feb. 9, 2010, Toyota Motor Corp. President Akio Toyoda, speaks to reporters after meeting with Japan's Transport Minister Seiji Maehara at the ministry in Tokyo, Japan. Toyota's top executive has delayed a visit to the United States until early March, a news report said Thursday, Feb. 11, 2010, amid a call by a lawmaker that he testify before Congress this month about the automaker's safety lapses. (AP Photo/Shizuo Kambayashi, File)AP - Assembly lines that run like clockwork. Supplies that arrive just in time. Dedicated workers trained to spot defects, churning out quality cars in the millions. Such are the trademarks of "Toyota Way" manufacturing.



Source: Yahoo! News: Business News | 14 Feb 2010 | 3:12 am

Spanish government struggles with crisis message (AP)

Spain's Prime Minister Jose Luis Rodriguez Zapatero is seen during a plenary session at the Spanish Senate in Madrid, Tuesday Feb. 9, 2010. This was Zapatero's first appearance in the Senate after Spain's recession-plagued economy contracted 0.1 percent in the fourth quarter,  the sixth straight quarter of GDP contraction and refuted government assertions that the country might climb out of technical recession at the end of 2009, as other major European economies have. (AP Photo/Arturo Rodriguez)AP - Could Spain be the next Greece? The government bristles at the very thought, and points out its debt burden isn't nearly as heavy.



Source: Yahoo! News: Business News | 14 Feb 2010 | 3:10 am

Southern Co. nuclear-site loan guarantee set: WSJ

Southern Co.'s Vogtle nuclear-power project near Augusta, Ga., will be the first such project to receive conditional loan guarantees from the U.S. Department of Energy, people familiar with the matter told The Wall Street Journal.



Source: MarketWatch.com - Top Stories | 14 Feb 2010 | 2:58 am

Zain confirms offer for African assets: bourse

KUWAIT (Reuters) - Kuwaiti telecom group Zain moved closer to offloading its African assets in a long-running deal said to be valued at $10.7 billion as reports pointed to India's Bharti Airtel as the bidder.



Source: Reuters: Business News | 14 Feb 2010 | 2:20 am

Zain confirms offer for African assets: bourse (Reuters)

Reuters - Kuwaiti telecom group Zain moved closer to offloading its African assets in a long-running deal said to be valued at $10.7 billion as reports pointed to India's Bharti Airtel as the bidder.
Source: Yahoo! News: Stock Markets News | 14 Feb 2010 | 2:20 am

Police: Alaska oil firm head dies in avalanche

State police say the president of ConocoPhillips Alaska is dead and another person is presumed dead after being swept away in an Alaskan avalanche. They say that Jim Bowles, the head of...
Source: RSS feed - channel BNewsBusiness | 14 Feb 2010 | 2:02 am

Spanish government struggles with crisis message

Could Spain be the next Greece? The government bristles at the very thought, and points out its debt burden isn't nearly as heavy. It's a stinging comparison nonetheless for a country...
Source: RSS feed - channel BNewsBusiness | 14 Feb 2010 | 1:42 am

Zain confirms offer for African assets-bourse

KUWAIT (Reuters) - Kuwaiti telecom group Zain confirmed it had received an offer for some of its African assets on Sunday, one day after reports India's Bharti Airtel had offered up to...
Source: RSS feed - channel BNewsBusiness | 14 Feb 2010 | 1:41 am

NextEra, California City call truce in water war over solar power plant

The developer's proposal to cut down hundreds of thirsty tamarisk trees may provide a blueprint for resolving similar environmental disputes over solar farms in the desert.

A developer who proposes to cut down hundreds of trees to make way for a massive project could expect to provoke a fair amount of environmental outrage.



Source: L.A. Times - Business | 14 Feb 2010 | 1:00 am

Love me, love my credit score

Full financial disclosure before walking down the aisle can help prevent marital strife later.

It's Valentine's Day, when even reasonable people wander around, engagement rings at the ready, blathering about how "love is the answer." ¶ Snap out of it! Love, in fact, may be the problem. ¶ Passion often blinds sweethearts to the fact that matrimony is, at bottom, a contract. Figuring out how that partnership can prosper is critical for a successful union. Yet financial differences rank among the greatest sources of marital misery, in part because talking about money before you tie the knot makes many couples uncomfortable. ¶ Some worry that prying into each other's finances might indicate a lack of trust, or that a prenuptial agreement is a self-fulfilling prophecy for splitting up. ¶ In fact, experts say, just the opposite is true. Spouses who find themselves bickering about finances early in their marriage could well end up hashing out the same issues in divorce court, according to Tina Tessina, a licensed psychotherapist and author of "Money, Sex & Kids: Stop Fighting About the Three Things That Can Ruin Your Marriage." ¶ "Everybody wants to focus on putting the wedding together and talk about things like having kids and a house," Tessina said. "But nobody wants to talk about the money part until you are married and financially entwined. Then it's too late."



Source: L.A. Times - Business | 14 Feb 2010 | 1:00 am

Wiping out teachers' student loan debt

Programs abound for educators who need help paying off their loans, but the requirements can be narrow and just finding them is a chore.

If you are a teacher in debt, there's good news and bad news.



Source: L.A. Times - Business | 14 Feb 2010 | 1:00 am

NextEra, California City call truce in water war over solar power plant

The developer's proposal to cut down hundreds of thirsty tamarisk trees may provide a blueprint for resolving similar environmental disputes over solar farms in the desert. ...
Source: RSS feed - channel BNPaperBusiness | 14 Feb 2010 | 1:00 am

The man behind the Chinese equivalent of YouTube

The gig: Koo, 43, founder and chief executive of Youku.com, the leading video website in China. He's based in Beijing.
Source: RSS feed - channel BNPaperBusiness | 14 Feb 2010 | 1:00 am

Two books offer road maps to affluence

People who are serious about accumulating wealth should start by reading 'The Millionaire Next Door' and 'Stop Acting Rich.' Dear Liz:...
Source: RSS feed - channel BNPaperBusiness | 14 Feb 2010 | 1:00 am

Behind those lap-band ads

Los Angeles is awash in billboards and other outdoor signs advertising the weight loss treatment.

One feature of life in Southern California that's become hard to avoid is the relentless advertising for a weight-loss procedure known as lap-band surgery.



Source: L.A. Times - Business | 14 Feb 2010 | 1:00 am

Whitley Heights restoration evokes 1920s Hollywood

The Spanish Revival home retains the glamour of the era but is updated with 21st-century conveniences. The feel...
Source: RSS feed - channel BNPaperBusiness | 14 Feb 2010 | 1:00 am

Two books offer road maps to affluence

People who are serious about accumulating wealth should start by reading 'The Millionaire Next Door' and 'Stop Acting Rich.'

Dear Liz: I'm doing all the right things: accumulating an emergency fund, contributing to retirement funds and paying down the mortgage. I currently save about $12,000 of my $90,000 annual salary. Beyond this, how do I take the right steps to large wealth accumulation, as in $3 million to $5 million?



Source: L.A. Times - Business | 14 Feb 2010 | 1:00 am

How to avoid common tax errors made by new homeowners

With first-timers accounting for most home buyers last year, the IRS is bracing for more than the usual number of rookie mistakes.

No one is perfect, especially when it comes to filing a federal income tax return. And with first-timers accounting for the majority of home buyers last year, the IRS is bracing for rookie mistakes.



Source: L.A. Times - Business | 14 Feb 2010 | 1:00 am

The man behind the Chinese equivalent of YouTube

The gig: Koo, 43, founder and chief executive of Youku.com, the leading video website in China. He's based in Beijing.



Source: L.A. Times - Business | 14 Feb 2010 | 1:00 am

Whitley Heights restoration evokes 1920s Hollywood

The Spanish Revival home retains the glamour of the era but is updated with 21st-century conveniences.

The feel of classic Hollywood permeates a renovated 1920s Spanish Revival home in Whitley Heights that sits on a bluff facing the Hollywood sign and surrounding hillside.



Source: L.A. Times - Business | 14 Feb 2010 | 1:00 am

How to avoid common tax errors made by new homeowners

With first-timers accounting for most home buyers last year, the IRS is bracing for more than the usual number of rookie mistakes. ...
Source: RSS feed - channel BNPaperBusiness | 14 Feb 2010 | 1:00 am

Business Letters

Re: Michael Hiltzik's business column " PG&E; amps up bid for power ," Feb. 10:
Source: RSS feed - channel BNPaperBusiness | 14 Feb 2010 | 1:00 am

Business Letters

Re: Michael Hiltzik's business column " PG&E amps up bid for power ," Feb. 10:



Source: L.A. Times - Business | 14 Feb 2010 | 1:00 am

For Toyota, the crucial question is the electronics

The company vigorously denies that its vehicles' acceleration problems might stem from an electronic or software glitch. But it remains an open question, and any such finding would be devastating. ...
Source: RSS feed - channel BNPaperBusiness | 14 Feb 2010 | 1:00 am

Homeowners' equity is again on the rise after three years of unprecedented shrinkage

But large numbers of borrowers still owe more on their mortgages than their homes are worth.

With all the bad news about underwater homeowners and strategic walkaways, you might think that U.S. homeowners' equity holdings are continuing to slide. But a little-publicized recent statistic on real estate is that home equity is again on the rise.



Source: L.A. Times - Business | 14 Feb 2010 | 1:00 am

Wiping out teachers' student loan debt

Programs abound for educators who need help paying off their loans, but the requirements can be narrow and just finding them is a chore. ...
Source: RSS feed - channel BNPaperBusiness | 14 Feb 2010 | 1:00 am

Behind those lap-band ads

Los Angeles is awash in billboards and other outdoor signs advertising the weight loss treatment. One feature...
Source: RSS feed - channel BNPaperBusiness | 14 Feb 2010 | 1:00 am

Homeowners' equity is again on the rise after three years of unprecedented shrinkage

But large numbers of borrowers still owe more on their mortgages than their homes are worth. With all the bad...
Source: RSS feed - channel BNPaperBusiness | 14 Feb 2010 | 1:00 am

Ford says will file his 1st NY resident tax return (AP)

AP - Former Tennessee congressman and undeclared U.S. Senate candidate Harold Ford Jr. says he'll file his first state tax return as a New Yorker this April.
Source: Yahoo! News: Business News | 14 Feb 2010 | 12:45 am

Nine die in India’s first big attack since Mumbai

In India’s first terrorist attack since terrorists besieged Mumbai in 2008, a bomb ripped through a restaurant in Pune, near India’s financial capital, killing at least eight people, reportedly including foreigners, and wounding 33 others.
Source: Financial Times - US homepage | 14 Feb 2010 | 12:00 am

Kuwait's Zain confirms offer for African assets

Kuwait's Zain telecom on Sunday confirmed it has received an offer for its operations in 15 African nations but did not reveal the identity of the bidder. The company said in a statement
Source: RSS feed - channel BNewsBusiness | 14 Feb 2010 | 12:00 am

Anthem to delay insurance rate hike amid criticism (AP)

FILE - In this Oct. 27, 2003 file photo, employees enter the headquarters of Anthem Inc. in Indianapolis. Anthem Blue Cross, a subsidiary of WellPoint Inc., has been under fire for a week from regulators and politicians for notifying some of its 800,000 individual policyholders in California that it plans to raise rates by up to 39 percent March 1. (AP Photo/Darron Cummings, File)AP - Health insurer Anthem Blue Cross will postpone its much-criticized plan to raise rates for some California residents who buy insurance on their own, after reaching a deal Saturday with state regulators.



Source: Yahoo! News: Business News | 13 Feb 2010 | 11:56 pm

Toyota finds no problem with electronics: reports (AFP)

A customer passes Japanese auto giant Toyota Motor's hybrid vehicle Prius at the company's showroom in Tokyo. Toyota Motor has submitted a letter to the US Congress denying there was a fault with the electronics in millions of vehicles it has recalled due to problems with the accelerator, reports said Sunday.(AFP/Yoshikazu Tsuno)AFP - Toyota Motor has submitted a letter to the US Congress denying there was a fault with the electronics in millions of vehicles it has recalled due to problems with the accelerator, reports said Sunday.



Source: Yahoo! News: Business News | 13 Feb 2010 | 11:33 pm

Toyota finds no problem with electronics: reports

Toyota Motor has submitted a letter to the US Congress denying there was a fault with the electronics in millions of vehicles it has recalled due to problems with the accelerator, reports...
Source: RSS feed - channel BNewsBusiness | 13 Feb 2010 | 11:10 pm

Iron ore prices are likely to rise sharply: BHP chief

SYDNEY (Reuters) - Benchmark iron ore prices are set to rise sharply in the coming months due largely to a resurgence of demand from China, BHP Billiton chief executive Marius Kloppers...
Source: RSS feed - channel BNewsBusiness | 13 Feb 2010 | 10:05 pm

Iron ore prices are likely to rise sharply: BHP chief

SYDNEY (Reuters) - Benchmark iron ore prices are set to rise sharply in the coming months due largely to a resurgence of demand from China, BHP Billiton chief executive Marius Kloppers said.



Source: Reuters: Business News | 13 Feb 2010 | 10:05 pm

9 Balanced Funds for an Up-And-Down Market (Screens)

These are for investors who can't tolerate the market's rollercoaster rides.



Source: SmartMoney.com | 13 Feb 2010 | 10:00 pm

Senegal's cattle sidelined for imported powder milk

Senegal has three million cattle, but it is imported European powdered milk that is found at the breakfast table, in coffee or local yoghurt as poor infrastructure keeps fresh milk from...
Source: RSS feed - channel BNewsBusiness | 13 Feb 2010 | 8:51 pm

Economists say Italy an unlikely target for speculation

Despite a staggering public debt and a stagnant economy, Italy is an unlikely target for speculators thanks to moderate public spending and conservative investments by banks and...
Source: RSS feed - channel BNewsBusiness | 13 Feb 2010 | 8:42 pm

EU takes Greek economy under its wing (AFP)

A European Flag and flags from various European countries hang at the European Union's headquarters building in Brussels. Days after promising to support debt-laden Greece if necessary, the European Union will put the country under unprecedented fiscal surveillance this week, hoping to avoid the need for a bailout.(AFP/File/Gerard Cerles)AFP - Days after promising to support debt-laden Greece if necessary, the European Union will put the country under unprecedented fiscal surveillance this week, hoping to avoid the need for a bailout.



Source: Yahoo! News: Business News | 13 Feb 2010 | 8:32 pm

Japan to discuss consumption tax in March

TOKYO (Reuters) - Japan will start discussing tax reform, including consumption tax, in March, Finance Minister Naoto Kan said on Sunday, in a clear sign ever that it will consider a rise in sales tax to deal with a yawning fiscal gap.



Source: Reuters: Business News | 13 Feb 2010 | 6:56 pm

British Airways given approval for tie up with American Airways and Iberia

Sir Richard Branson says decision by US Department of Transportation 'beggars belief'.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 13 Feb 2010 | 5:34 pm

BA in Atlantic tie-up victory

AMERICA last night gave the green light to British Airways’ tie-up with American Airlines, bringing to an end a 12-year quest by the UK airline to win approval for the deal.


Source: Latest Business News from Times Online | 13 Feb 2010 | 5:31 pm

President Obama to step up support for US nuclear industry

President Barack Obama is to signal a major step-change in the global nuclear industry this week when he announces loan guarantees for two nuclear reactors to be built in the US.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 13 Feb 2010 | 5:27 pm

ICAP chief Michael Spencer to resign Tory post

Michael Spencer, the chief executive of ICAP, is to resign as treasurer of the Conservative Party.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 13 Feb 2010 | 5:22 pm

Treasury will receive £1.5bn boost from bankers' tax

The Treasury will make at least £1.5bn from its bonus tax on bankers after Barclays increased its compensation pool for investment bankers to £4.5bn last year.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 13 Feb 2010 | 5:19 pm

Can anyone fix the euro puzzle?

A crisis-strewn week has left the single currency on the edge of a precipice, write Edmund Conway and Bruno Waterfield
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 13 Feb 2010 | 5:14 pm

Beware Greeks bearing gift of the gab, we need to see the details

For the average investor, Greece has gone from being thought of as one of the world's most attractive tourist destinations to being a driver of valuations in many markets.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 13 Feb 2010 | 5:11 pm

Hedge funds turn on Euro stocks

Global hedge funds have staked millions of dollars against some of Europe's biggest companies amid continuing fears over the strength of the euro.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 13 Feb 2010 | 5:06 pm

Citigroup says Guy Hands sought to break up EMI 'months ago'

Guy Hands tried to break up EMI three months ago, according to the latest court documents in the legal battle between Citigroup and the private equity chief over the purchase of the music group.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 13 Feb 2010 | 5:05 pm

Smith & Nephew take clinical view of cutting costs

David Illingworth, chief executive of orthopaedics group Smith & Nephew, has vowed to cut the cost of treating patients to address declining public sector health budgets.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 13 Feb 2010 | 5:04 pm

MySpace hit by more bad news as chief executive signs on for Facebook

MySpace, the social networking site, has rounded off a turbulent week in which its chief executive stood down with the revelation that one of its senior software developers is defecting to Facebook.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 13 Feb 2010 | 5:03 pm

Hank Paulson scorns Barack Obama's banking reforms

Hank Paulson, the former US Treasury secretary who orchestrated America’s financial bailouts, has attacked President Barack Obama’s proposals to break up big banks and clamp down on their trading activities.


Source: Latest Business News from Times Online | 13 Feb 2010 | 5:01 pm

Guy Hands tried to split up EMI

The private-equity boss Guy Hands proposed splitting up EMI, the struggling music group, according to court documents filed late last week. The offer to Citigroup, EMI’s biggest backer, was rejected and the two are now locked in a court battle.


Source: Latest Business News from Times Online | 13 Feb 2010 | 5:01 pm

Mobile phone operators' war on Apple apps

A DOZEN of the world’s leading mobile-phone operators will this week band together to strike back at Apple’s dominance of mobile applications.


Source: Latest Business News from Times Online | 13 Feb 2010 | 5:01 pm

Debenhams effect sinks a raft of flotations

If you want to know why so many big floats were pulled last week, you need only look at the share price chart below.
Source: Latest Business News from Times Online | 13 Feb 2010 | 5:01 pm

Lloyds boss Eric Daniels set for multi-million pound bonus

LLOYDS Banking Group is poised to stoke the controversy over banker bonuses by awarding a bumper payout to its chief executive, Eric Daniels.


Source: Latest Business News from Times Online | 13 Feb 2010 | 5:01 pm

BP risks investor outrage at ‘dirty’ oil deal

TONY HAYWARD, BP’s chief executive, has set the FTSE 100 oil group on a collision course with investors and environmentalists over a blockbuster oil sands deal.


Source: Latest Business News from Times Online | 13 Feb 2010 | 5:01 pm

Economic boost from Europe for Greece

GREECE was given fresh hope of a financial lifeline yesterday when Jean-Claude Juncker, chairman of Europe’s finance ministers, said action would be taken to support its beleaguered economy.


Source: Latest Business News from Times Online | 13 Feb 2010 | 5:01 pm

John Donahoe, chief executive of eBay

The early bird catches the worm, but here at 7am in London’s Claridge’s hotel, that really does a disservice to John Donahoe. The eBay boss is built like an American footballer. “Oh, it’s a bad day for me. Look, I’ve got to wear a tie,” he booms, all 6ft 4in of him, striding across the breakfast floor and grinning in greeting. “Got investors at 8am. Great to meet you.”


Source: Latest Business News from Times Online | 13 Feb 2010 | 5:01 pm

City fears blowout on inflation target

INFLATION is set to surge this week, testing the Bank of England’s resolve and raising questions over its forecast of a sharp fall by the end of the year.


Source: Latest Business News from Times Online | 13 Feb 2010 | 5:01 pm

Chile mint boss pays the price for coin misspelling gaffe

The Chile mint's general manager is dismissed after thousands of coins were issued with the name of the country spelt wrongly.
Source: BBC News | Business | World Edition | 13 Feb 2010 | 3:53 pm

Barclays to pay £2bn in bonuses

Barclays is to pay staff bonuses adding up to more than £2bn, the BBC learns - two days ahead of the bank's annual results.
Source: BBC News | Business | World Edition | 13 Feb 2010 | 3:38 pm

NewsWatch: U.S. volatility to persist on global uncertainty

Stock movement likely to reflect events in Europe and Asia when trading resumes Tuesday in holiday-shortened week.



Source: MarketWatch.com - Top Stories | 13 Feb 2010 | 3:05 pm

Valentine's Day flowers: 5 surprise facts

You can complain that Valentine's Day is just a commercial holiday, but you won't hear any griping from retailers. A typical panicked shopper searching for the perfect gift on February 13 is expected to spend on average $103, according to the National Retail Federation (NRF). And that's in a shaky economy.
Source: Business and financial news - CNNMoney.com | 13 Feb 2010 | 2:38 pm

States to Senate: Send more federal aid

States are looking to the federal government for more help balancing their budgets, but the Senate is not heeding their call.
Source: Business and financial news - CNNMoney.com | 13 Feb 2010 | 2:37 pm

Google knows you better than you do

Google will now use hours of search history to target ads that users see when they search keywords on the site, the company announced in a blog post.
Source: Business and financial news - CNNMoney.com | 13 Feb 2010 | 2:32 pm

8 great stocks we love

Ready to make a long-term commitment this Valentine's Day? Start with Apple, Priceline.com and 6 more of our most lovable stock picks.
Source: Business and financial news - CNNMoney.com | 13 Feb 2010 | 2:30 pm

Jones takes aim at Bryers' firm

Multi-millionaire Sir Bob Jones is preparing a legal attack that could shut down the surviving arms of Blue Chip boss Mark Bryers' business empire.He is taking aim at Northern Crest Investments Ltd - the same company that previously...
Source: nzherald.co.nz - Business | 13 Feb 2010 | 2:00 pm

Lawyer misconduct rises with foreclosure record (AP)

In this Feb. 8, 2010 photo, Yvonne Jacobs, left, and Warren Jacobs sit in their living room in their Mesquite, Texas, home. The Jacobs' unwittingly became one of the many thousands of homeowners authorities allege have been taken in by unscrupulous or incompetent loan modification attorneys who rushed into a burgeoning legal niche: helping financially struggling homeowners re-negotiate their mortgages. (AP Photo/Mike Fuentes)AP - Warren Jacobs was desperate when he received a "robo-call" promising to help him stave off foreclosure of his home near Dallas.



Source: Yahoo! News: Business News | 13 Feb 2010 | 1:56 pm

U.S. tentatively OKs American Air pact

Department of Transportation approves 'oneworld' alliance with European, Middle Eastern carriers.



Source: MarketWatch.com - Top Stories | 13 Feb 2010 | 1:10 pm

Peltz fund value falls 18 percent after sales

CHICAGO (Reuters) - Billionaire activist investor Nelson Peltz disclosed that the value of stocks held by his firm Trian Partners fell about 18 percent in the fourth quarter as the company sold stakes in several holdings.



Source: Reuters: Business News | 13 Feb 2010 | 12:09 pm

Bharti offers $10.7 billion for Zain Africa ops-reports

KUWAIT (Reuters) - Bharti Airtel has offered up to $10.7 billion for the African assets of Kuwaiti telecom group Zain , Kuwaiti newspapers reported on Saturday, as India's largest mobile operator makes a renewed foreign push.



Source: Reuters: Business News | 13 Feb 2010 | 12:07 pm

Stocks to Watch: Whole Foods, Kraft, Merck in spotlight

Among the companies whose shares are expected to see active trading Tuesday, when stock markets re-open after the Presidents' Day holiday, are Whole Foods, Kraft and Merck.



Source: MarketWatch.com - Top Stories | 13 Feb 2010 | 11:38 am

I still heart my Prius

Toyota Prius owners are standing by the carmaker after it announces faulty braking systems in its 2010 hybrid.
Source: Business and financial news - CNNMoney.com | 13 Feb 2010 | 11:33 am

Claims firm misleading customers

Staff at a major debt claims management firm have been misleading customers about success rates and credit risk, a BBC investigation has discovered.
Source: BBC News | Business | World Edition | 13 Feb 2010 | 10:45 am

Coalition forces launch Taliban offensive

Some 15,000 US, Nato and Afghan forces have begun a long awaited offensive against the Taliban’s biggest remaining stronghold in Afghanistan.
Source: Financial Times - US homepage | 13 Feb 2010 | 10:23 am

NewsWatch: U.S. volatility to persist on global uncertainty

Stock movement likely to reflect events in Europe and Asia when trading resumes Tuesday in holiday-shortened week.



Source: MarketWatch.com - Top Stories | 13 Feb 2010 | 10:00 am

Connect with your customers

Facebook, Twitter, LinkedIn, Google Buzz ... the list of places to promote your business online appear almost endless.Creating an account for your firm using any of them is easy, says social networking commentator Nicholas O'Flaherty."The...
Source: nzherald.co.nz - Business | 13 Feb 2010 | 9:00 am

Weak sales signal hard year

Two sections of prime beachfront land failed to sell at mortgagee auction this week - a sign of what one agent warned will not be an easy year.Another property expert said the effects of the recession have led to a backlog of...
Source: nzherald.co.nz - Business | 13 Feb 2010 | 9:00 am

Coke in rugby haka advertisement blunder

A TV commercial featuring actors dressed as All Blacks performing the haka alongside Japanese dancing girls is raising hackles within Maoridom and the New Zealand Rugby Union.The Japanese commercial for Coke Zero, features popstar...
Source: nzherald.co.nz - Business | 13 Feb 2010 | 9:00 am

Power to the utilities

Over the past 12 months, a number of corporates have issued bonds to the public. These include Fonterra, Contact Energy, Vector, NZ Post, TrustPower and Watercare.Investors have fully supported these issues as they offered attractive...
Source: nzherald.co.nz - Business | 13 Feb 2010 | 9:00 am

Martin Hawes : Two sides of risk and return

Mike Taylor runs a managed fund called PIE which produced returns last year of more than 100 per cent. Taylor was recently reported to be wondering why there was not a flood of money pouring into PIE for investment.The answer...
Source: nzherald.co.nz - Business | 13 Feb 2010 | 9:00 am

Uncork potential in old winery

The former Corbans winery site in Awapuni, Gisborne's main industrial area, will be auctioned by Bayleys next month offering the chance to secure a large parcel of land close to the city in an area that is traditionally tightly held."Simply...
Source: nzherald.co.nz - Business | 13 Feb 2010 | 9:00 am

Florist's video blog has business coming up roses

Claire Sawyers of the Roses are Red florist in Papakura is using social media to promote her business.Sawyers runs a Twitter account, has a Facebook page and is just about to create a channel on YouTube."At the moment we take...
Source: nzherald.co.nz - Business | 13 Feb 2010 | 9:00 am

Lakeside seclusion ideal for tourism

Formerly a lakeside camping ground, a large piece of land on the shores of Lake Ohakuri north of Taupo, with adjoining former forestry land, has been placed on the market by Carter Holt Harvey.The 112ha site at Lake Ohakuri was...
Source: nzherald.co.nz - Business | 13 Feb 2010 | 9:00 am

NZ superyacht firm sinks

Overseas companies are keen to buy designs for "world-class" boats produced by Salthouse Marine Limited, a Kiwi boatbuilder placed in receivership on Thursday.The Henderson-based family business has operated for 25 years, building...
Source: nzherald.co.nz - Business | 13 Feb 2010 | 9:00 am

EU's Juncker warns against eurozone drift apart: report

BERLIN (Reuters) - Eurogroup Chairman Jean-Claude Juncker warned on Saturday against a further drifting apart of euro zone economies in an interview with a German newspaper.



Source: Reuters: Business News | 13 Feb 2010 | 8:43 am

NewsWatch: Dubai debt concern grows

Cost of protection against default back near November high.



Source: MarketWatch.com - Top Stories | 13 Feb 2010 | 7:05 am

Apple's 10 biggest problems


Source: Business and financial news - CNNMoney.com | 13 Feb 2010 | 7:04 am

Luxembourg summit to discuss future of bank secrecy

ZURICH (Reuters) - High-level talks in Luxembourg on Sunday will assess whether there is a future for what remains of bank secrecy in Europe in the face of international pressure, but offshore centers are struggling to find common ground.



Source: Reuters: Business News | 13 Feb 2010 | 7:02 am

Forget Fed. Watch China.

The central bank of greatest concern to investors and U.S. businesses right now isn't the Federal Reserve. It's the People's Bank of China.
Source: Business and financial news - CNNMoney.com | 13 Feb 2010 | 6:55 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. 8-12:



Source: MarketWatch.com - Top Stories | 13 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. 8-12:



Source: MarketWatch.com - Top Stories | 13 Feb 2010 | 6:00 am

Recovery 'fragile' for eurozone: Bank of Italy chief (AFP)

the=AFP - The global economy is recovering but is especially "fragile" in the eurozone, Bank of Italy Governor Mario Draghi said Saturday.



Source: Yahoo! News: Business News | 13 Feb 2010 | 5:47 am

Winter Olympics open in Vancouver

The 2010 Winter Olympics kicked off in Vancouver with an opening ceremony that highlighted Canada’s cultural and geographic diversity, but was marred by the death of a Georgian athlete hours earlier in a high-speed luge training accident
Source: Financial Times - US homepage | 13 Feb 2010 | 4:35 am

Auto Review: The convertible in winter

This bout of Old Man Winter’s worst can’t last forever and the Range Rover doesn’t show up for another week or two, so here we go with dreams of soft summer days.



Source: MarketWatch.com - Top Stories | 13 Feb 2010 | 4:01 am

China real-estate gone wild: a case study

In China's vacation paradise of Hainan, real-estate prices have jumped by more than one-third in the last five weeks, and compared to some other places in the country, that's actually pretty mild. Still, not everyone believes a bubble is about to burst.



Source: MarketWatch.com - Top Stories | 13 Feb 2010 | 4:00 am