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Up to 25 billion euros in aid mooted for Greece: reportBERLIN (Reuters) - The German finance ministry has said that countries using the euro currency will together provide aid worth between 20 and 25 billion euros ($27.2 and $34 bilion ) for Greece, the German weekly magazine Der Spiegel reported on Saturday.
Source: Reuters: Business News | 20 Feb 2010 | 3:04 am Japan hopes Toyoda can clear image, cool friction (AP)
Source: Yahoo! News: Business News | 20 Feb 2010 | 2:57 am Cities vying to host next America's Cup (AP)
Source: Yahoo! News: Business News | 20 Feb 2010 | 2:46 am Credit card profits must be investigatedA former government adviser has called for an investigation into the profit margins of credit card companies as consumers are paying the highest interest rates for 12 years.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 20 Feb 2010 | 1:46 am Gas shortage raises Egyptians' anger at government (AP)
Source: Yahoo! News: Business News | 20 Feb 2010 | 1:44 am Oil demand and price will rise in H2: Iran official (Reuters)Reuters - Iran sees an increase in oil demand in the second half of 2010 by between 1 and 1.4 million bpd which the major OPEC producer thinks will cause a rise in oil prices, Iranian media said on Saturday.Source: Yahoo! News: Business News | 20 Feb 2010 | 1:32 am Head of Dutch pension fund resigns over probe: ANPAMSTERDAM (Reuters) - The head of Dutch ABP, the world's third-largest sovereign pension fund, has resigned over an investigation into a failed savings bank where he once sat on the board, ANP-Reuters said.
Source: Reuters: Business News | 20 Feb 2010 | 1:32 am Toyota repairs are hummingDealers have begun software updates on recalled Priuses. Toyota dealers have fixed 600,000 sticky pedals and have...Source: RSS feed - channel BNPaperBusiness | 20 Feb 2010 | 1:00 am Acid test looms for markets: rising interest ratesHow much of an economic recovery can we stand?
Source: L.A. Times - Business | 20 Feb 2010 | 1:00 am Stocks edge higher after Fed eases bank supportsNEW YORK -- Stocks turned higher Friday after investors found good news in the Federal Reserve's decision to begin dismantling emergency lending measures for banks.Source: RSS feed - channel BNPaperBusiness | 20 Feb 2010 | 1:00 am OneWest bank profit: $1.6 billionAs IndyMac, it sold last year for less than that. Investors win, but the FDIC could still lose nearly $11 billion on bad loans that the Pasadena institution made before its sale. ...Source: RSS feed - channel BNPaperBusiness | 20 Feb 2010 | 1:00 am OneWest bank profit: $1.6 billionAs IndyMac, it sold last year for less than that. Investors win, but the FDIC could still lose nearly $11 billion on bad loans that the Pasadena institution made before its sale.The billionaires' club of private financiers who took over the remains of IndyMac Bank from the Federal Deposit Insurance Corp. turned a profit of $1.57 billion last year on the failed mortgage lender -- more than they invested less than a year ago.
Source: L.A. Times - Business | 20 Feb 2010 | 1:00 am Fewer homeowners falling behind on mortgage paymentsDelinquency rate at the end of December falls to a seasonally adjusted rate of 9.47% from 9.64% in the third quarter, according to a mortgage bankers group. But troubles are not over, experts say.The clouds may be starting to lift, ever so slightly, for the beleaguered housing market.
Source: L.A. Times - Business | 20 Feb 2010 | 1:00 am What border agents search and seizeCellphones top the list of the 1,644 electronic devices scrutinized in a 9-month period. In the last year and...Source: RSS feed - channel BNPaperBusiness | 20 Feb 2010 | 1:00 am Former Treasury Secretary Henry Paulson has plenty of blame to spreadIn an event promoting his new book, he has some sharp words for members of Congress who opposed the bank bailout two years ago and the push for financial regulatory reform today.In a genteel event on Manhattan's Upper East Side on Thursday night, former Treasury Secretary Henry M. Paulson had some sharp words for members of Congress who opposed the bank bailout two years ago and the push for financial regulatory reform today.
Source: L.A. Times - Business | 20 Feb 2010 | 1:00 am For used-car buyers, it just got cheaper to spot a lemonCalifornians can get a report on a vehicle's history from the DMV for $4, now that the state has made federal data available to consumers. Before, the state contracted with Carfax. ...Source: RSS feed - channel BNPaperBusiness | 20 Feb 2010 | 1:00 am N.Y. rabbi arrested in extortion caseMilton Balkany is accused of trying to blackmail a hedge fund in Connecticut. New York's insular ultra-Orthodox...Source: RSS feed - channel BNPaperBusiness | 20 Feb 2010 | 1:00 am Former Treasury Secretary Henry Paulson has plenty of blame to spreadIn an event promoting his new book, he has some sharp words for members of Congress who opposed the bank bailout two years ago and the push for financial regulatory reform today. ...Source: RSS feed - channel BNPaperBusiness | 20 Feb 2010 | 1:00 am Fewer homeowners falling behind on mortgage paymentsDelinquency rate at the end of December falls to a seasonally adjusted rate of 9.47% from 9.64% in the third quarter, according to a mortgage bankers group. But troubles are not over, experts say. ...Source: RSS feed - channel BNPaperBusiness | 20 Feb 2010 | 1:00 am For used-car buyers, it just got cheaper to spot a lemonCalifornians can get a report on a vehicle's history from the DMV for $4, now that the state has made federal data available to consumers. Before, the state contracted with Carfax.Californians can get a report on a used car's history from the state DMV for only dollars, now that the state has made information from a federal website available to consumers.
Source: L.A. Times - Business | 20 Feb 2010 | 1:00 am Acid test looms for markets: rising interest ratesHow much of an economic recovery can we stand?Source: RSS feed - channel BNPaperBusiness | 20 Feb 2010 | 1:00 am Consumers who buy individual health policies feel trappedThey have few options other than dropping coverage as insurers raise rates and slash benefits. Insurers blame the soaring cost of medical care and the churn of customers in the individual market. ...Source: RSS feed - channel BNPaperBusiness | 20 Feb 2010 | 1:00 am Outside the Box: Greece could repeat Argentina's 2001 fiascoIn 1999, the Argentine economy entered into a severe recession that coincided with various recessions and financial crises around the world, a state of affairs that exacerbated the problems in Argentina. Could history repeat itself in Greece?
Source: MarketWatch.com - Top Stories | 19 Feb 2010 | 10:01 pm UPDATE 1-NY's Bloomberg moves funds from Quadrangle-sources* Transfer amicable - source (Adds statement from Bloomberg's spokesman)Source: RSS feed - channel BNewsBusiness | 19 Feb 2010 | 8:53 pm UPDATE 1-NY's Bloomberg moves funds from Quadrangle-sources* Transfer amicable - source (Adds statement from Bloomberg's spokesman)Source: RSS feed - channel BNewsBusiness | 19 Feb 2010 | 8:53 pm Stocks to Watch: Stocks in focus for MondayAmong the companies whose shares are expected to see significant trading action Monday are Campbell Soup, Nordstrom and Lowe's.
Source: MarketWatch.com - Top Stories | 19 Feb 2010 | 8:38 pm Simon rejects General Growth terms for talksNEW YORK (Reuters) - Simon Property Group Inc said it could not agree to conditions General Growth Properties Inc wanted to impose before talks about Simon's $10 billion bid for the No. 2Source: RSS feed - channel BNewsBusiness | 19 Feb 2010 | 8:37 pm Simon rejects General Growth terms for talksNEW YORK (Reuters) - Simon Property Group Inc said it could not agree to conditions General Growth Properties Inc wanted to impose before talks about Simon's $10 billion bid for the No. 2 U.S. mall owner.
Source: Reuters: Business News | 19 Feb 2010 | 8:37 pm UPDATE 3-Simon rejects General Growth terms for talks* Says won't agree to conditions for nondisclosure accordSource: RSS feed - channel BNewsBusiness | 19 Feb 2010 | 8:34 pm Blackstone, Hilton lenders agree on debt: sourceNEW YORK (Reuters) - Private equity giant Blackstone Group has come to an agreement to restructure its Hilton hotels chain debt, a source familiar with the situation said on Friday.
Source: Reuters: Business News | 19 Feb 2010 | 8:33 pm Blackstone, Hilton lenders agree on debt: sourceNEW YORK (Reuters) - Private equity giant Blackstone Group has come to an agreement to restructure its Hilton hotels chain debt, a source familiar with the situation said on Friday.Source: RSS feed - channel BNewsBusiness | 19 Feb 2010 | 8:33 pm Bernanke, retailers hold key for stocksNEW YORK (Reuters) - Wall Street could keep rallying after notching its best week this year if Federal Reserve Chairman Ben Bernanke gives a reassuring assessment of the recovery and retailSource: RSS feed - channel BNewsBusiness | 19 Feb 2010 | 8:31 pm Bernanke, retailers hold key for stocks (Reuters)
Source: Yahoo! News: Stock Markets News | 19 Feb 2010 | 8:31 pm Bernanke, retailers hold key for stocksNEW YORK (Reuters) - Wall Street could keep rallying after notching its best week this year if Federal Reserve Chairman Ben Bernanke gives a reassuring assessment of the recovery and retail earnings show improvement.
Source: Reuters: Business News | 19 Feb 2010 | 8:31 pm NY's Bloomberg moves funds from Quadrangle: sourcesNEW YORK (Reuters) - Private equity firm Quadrangle Group will no longer be managing the assets of New York City Mayor Michael Bloomberg, who is extracting his funds from the firm, two...Source: RSS feed - channel BNewsBusiness | 19 Feb 2010 | 8:30 pm NY's Bloomberg moves funds from Quadrangle: sourcesNEW YORK (Reuters) - Private equity firm Quadrangle Group will no longer be managing the assets of New York City Mayor Michael Bloomberg, who is extracting his funds from the firm, two sources said on Friday.
Source: Reuters: Business News | 19 Feb 2010 | 8:30 pm N.Y. rabbi arrested in extortion caseMilton Balkany tried to extort $4 million from a Connecticut hedge fund by threatening to expose purported insider trading by the fund, federal authorities say.New York's insular ultra-Orthodox Jewish community collided with the area's secretive and ultra-wealthy hedge fund industry, leading to the arrest of a politically well-connected rabbi on blackmail and fraud charges.
Source: L.A. Times - Business | 19 Feb 2010 | 8:15 pm Consumers who buy individual health policies feel trappedThey have few options other than dropping coverage as insurers raise rates and slash benefits. Insurers blame the soaring cost of medical care and the churn of customers in the individual market.Health insurers across the country are dramatically increasing rates and slashing benefits for many of the estimated 17 million consumers with individual insurance policies, while making it almost impossible to obtain affordable alternatives.
Source: L.A. Times - Business | 19 Feb 2010 | 8:06 pm LaJolla Bank among 4 closures2010 toll rises to 20 banks.
Source: MarketWatch.com - Top Stories | 19 Feb 2010 | 8:04 pm 4 banks fail, 20 total in 2010Regulators shuttered four banks Friday night, bringing the tally of institutions that have gone under so far this year to 20.Source: Business and financial news - CNNMoney.com | 19 Feb 2010 | 8:02 pm What border agents search and seizeCellphones top the list of the 1,644 electronic devices scrutinized in a 9-month period.In the last year and a half, civil liberties groups and business travel leaders have complained about U.S. Border Patrol agents' broad authority to search and seize laptops and other electronic gadgets carried by international travelers. But new information details the extent to which this has happened.
Source: L.A. Times - Business | 19 Feb 2010 | 7:58 pm Toyota repairs are hummingDealers have begun software updates on recalled Priuses.Toyota dealers have fixed 600,000 sticky pedals and have begun making software updates to recalled Prius vehicles amid signs that they may have to wrestle with another recall, this time involving steering problems with the popular Corolla.
Source: L.A. Times - Business | 19 Feb 2010 | 7:55 pm Weekend Investor: Will earnings growth power tech stocks?Judging from the round of fourth-quarter 2009 earnings reports, this is a good time for leading technology companies. It just isn’t a good time to be a tech-stock investor.
Source: MarketWatch.com - Top Stories | 19 Feb 2010 | 7:05 pm Taxing Times: Is it really the IRS's fault?The IRS makes mistakes, and I do not doubt that individual auditors may well have ruined some people’s lives, and you could argue those specific people deserve some sort of non-violent punishment for their wrongs. But for the most part, the IRS is simply carrying out the law, and IRS workers are simply doing their job.
Source: MarketWatch.com - Top Stories | 19 Feb 2010 | 6:45 pm Recalls: Granola bars_ Trader Joe's Company of Monrovia, Calif., is voluntarily expanding the recall of the Trader Joe's Chocolate Chip Chewy Coated Granola Bars (SKU 82818) to include all code dates,...Source: RSS feed - channel BNewsBusiness | 19 Feb 2010 | 6:43 pm Banks in Calif., Ill., Fla., Texas are shut downRegulators have shut down banks in California, Illinois, Florida and Texas, boosting to 20 the number of U.S. bank failures this year following the 140 closures last year in the worst...Source: RSS feed - channel BNewsBusiness | 19 Feb 2010 | 6:36 pm FirstMerit Acquires Chicago-based George Washington Savings BankSource: RSS feed - channel BNewsBusiness | 19 Feb 2010 | 6:31 pm Health-care shocker: Policy premium goes up 69%While lawmakers and President Barack Obama are lamenting premium hikes of up to 39% that Anthem Blue Cross of California plans to charge policy-holders, Lori Creasey says that’s nothing. Try 69%.
Source: MarketWatch.com - Top Stories | 19 Feb 2010 | 6:03 pm Tories plan biggest shake up of income tax system since Second World WarConservatives to scrap PAYE and instead deduct tax and national insurance as an employee's gross pay enters their bank account.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 19 Feb 2010 | 5:58 pm High-end home sellers lower their sightsThe housing slump is finally bringing down prices in the luxury property market.Billionaire tax cheat Leona Helmsley loved a good bargain. So, were she still around, the late hotelier might appreciate recent happenings at her Greenwich, Conn., estate known as Dunnellen Hall.
Source: L.A. Times - Business | 19 Feb 2010 | 5:58 pm Obama aid package to help with home foreclosures (The Christian Science Monitor)The Christian Science Monitor - The five states where the housing crisis has taken the biggest toll will receive part of a $1.5 billion federal aid package intended to slow the tide of home foreclosures, the Obama administration announced Friday.Source: Yahoo! News: Business News | 19 Feb 2010 | 5:55 pm Latin American Markets: Mexico stocks erase losses to extend win streakMexican stocks eke out a slight gain, leaving its longest winning streak since October alive. Meanwhile, the Bank of Mexico leaves its key rate unchanged, as expected.
Source: MarketWatch.com - Top Stories | 19 Feb 2010 | 5:33 pm Church of England defends disastrous £40m Manhattan property dealThe Church of England has defended the disastrous decision to invest £40m in a New York housing scheme that led to accusations of wrongfully raising rents and a multi-million pound loss for the Church's pension fund.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 19 Feb 2010 | 5:29 pm Government was told of Toyota claims in 2004: insurerDETROIT/LOS ANGELES (Reuters) - The largest U.S. auto insurer alerted regulators earlier than first believed about a worrying trend of accidents involving Toyota Motor Corp vehicles, while the Obama administration's top transportation official said on Friday he would not relax pressure on the carmaker.
Source: Reuters: Business News | 19 Feb 2010 | 5:15 pm Government was told of Toyota claims in 2004: insurer (Reuters)
Source: Yahoo! News: Business News | 19 Feb 2010 | 5:15 pm Obama builds bridges with Las Vegas businessA contrite Barack Obama declared his love for Las Vegas, part of an attempted reconciliation with local business and political leaders furious at comments he made recently warning savers not to visit the citySource: Financial Times - US homepage | 19 Feb 2010 | 5:09 pm Credit card rates 'unjustified'A former government advisor calls for an investigation into the profit margins of credit card companies, and says rates are too high.Source: BBC News | Business | World Edition | 19 Feb 2010 | 5:07 pm Northern Rock could buy RBS and Lloyds branchesNorthern Rock could take over branches from Royal Bank of Scotland (RBS) and Lloyds that the two groups have been forced to put up for sale. Source: Latest Business News from Times Online | 19 Feb 2010 | 5:01 pm ‘Irregularity’ inquiry at Charter sends shares tumblingShares in Charter International, the engineering group, fell 7 per cent yesterday after it discovered that “irregular payments may have been made in connection with an attempt to obtain business by an overseas ... subsidiary in an emerging market”. An internal inquiry has started. Source: Latest Business News from Times Online | 19 Feb 2010 | 5:01 pm Abbey Road to become listed building to secure its futureThe Abbey Road recording studios could be listed within a week as part of a move by English Heritage to ensure that they are not turned into flats. Source: Latest Business News from Times Online | 19 Feb 2010 | 5:01 pm Paulson sorry he blamed UK for Lehman failureHenry Paulson, the former US Treasury Secretary who led America’s response to the 2008 financial crisis, has acknowledged that he was wrong to accuse Britain of ruining the rescue of Lehman Brothers. Source: Latest Business News from Times Online | 19 Feb 2010 | 5:01 pm British Gas fights back and says: Now we’re cookingThe flow has all been one way. For seven years customers seeped away from British Gas as it lost its way in a fog of competition and bungled new initiatives. Source: Latest Business News from Times Online | 19 Feb 2010 | 5:01 pm Sales slump awakens spectre of recessionThe coldest winter since 1979 combined with the end of discounted VAT to send high street sales plummeting in January, according to new figures. Source: Latest Business News from Times Online | 19 Feb 2010 | 5:01 pm Passengers brace for BA cabin crew strikeThe union representing British Airways cabin crew yesterday lost a High Court bid to overturn a reduction in the number of staff serving passengers aboard BA aircraft. Source: Latest Business News from Times Online | 19 Feb 2010 | 5:00 pm Pompey to be denied transfer wishThe Premier League is expected to reject Portsmouth's request for permission to sell players outside the transfer window, BBC Sport understands.Source: BBC News | Business | World Edition | 19 Feb 2010 | 4:55 pm Schlumberger in talks to buy Smith Int'l: reportNEW YORK/SAN FRANCISCO (Reuters) - Schlumberger Ltd is in advanced talks to buy Smith International Inc, The Wall Street Journal said, in a move that would expand the oilfield services leader's arsenal as the weakened sector begins to recover.
Source: Reuters: Business News | 19 Feb 2010 | 4:49 pm GM chief to get $9m pay packageGeneral Motors boss Ed Whitacre will get an annual salary of $1.7m, plus $7.3m in shares to be paid out at a later date.Source: BBC News | Business | World Edition | 19 Feb 2010 | 4:42 pm Summary Box: Stocks rise after Fed ups bank rate (AP)AP - WHY STOCKS ROSE: Investors saw the Federal Reserve's decision to increase the rate it charges banks on short-term loans a sign the financial system is healing.Source: Yahoo! News: Stock Markets News | 19 Feb 2010 | 4:29 pm TaxWatch: Don't blame the IRS for your tax problemsIf you’ve ever tried to figure out an IRS notice or clear up a problem with your tax bill, you may understand Joseph Stack’s sense of helpless frustration.
Source: MarketWatch.com - Top Stories | 19 Feb 2010 | 4:28 pm SEC to consider new short sale curbs next week (Reuters)
Source: Yahoo! News: Stock Markets News | 19 Feb 2010 | 4:26 pm SEC to consider new short sale curbs next weekWASHINGTON (Reuters) - Securities regulators will consider new short-sale restrictions on Wednesday, more than a year after the financial crisis provoked cries to rein in investors who bet on a stock's decline.
Source: Reuters: Business News | 19 Feb 2010 | 4:26 pm Retail Earnings, Banking, ETFs, Foreclosures: Taking StockSource: Bloomberg - All Podcasts | 19 Feb 2010 | 4:19 pm Stocks edge higher after Fed eases bank supports (AP)
Source: Yahoo! News: Stock Markets News | 19 Feb 2010 | 4:17 pm IMF provides 3.32-billion-dollar loan to Romania (AFP)
Source: Yahoo! News: Business News | 19 Feb 2010 | 4:14 pm US consumer prices fall for first time in 27 yearsCore consumer prices in the United States fell last month for the first time in 27 years, making an imminent rise in interest rates even less likely. Source: Latest Business News from Times Online | 19 Feb 2010 | 4:13 pm One million could lose jobless benefitsMore than 1 million people could lose their jobless benefits and health insurance subsidy in March if Congress doesn't act fast.Source: Business and financial news - CNNMoney.com | 19 Feb 2010 | 4:12 pm GM's chief gets $9 millionGeneral Motors chairman and chief executive, Ed Whitacre, Jr. will receive a compensation package worth $9 million, the automaker said Friday.Source: Business and financial news - CNNMoney.com | 19 Feb 2010 | 4:08 pm Real Estate Weekly: Foreclosure crisis: A long, painful exitThe Mortgage Bankers Association announced the results of its quarterly delinquency survey on Friday, which contained a glimmer of hope: While the percentage of mortgages somewhere in the foreclosure process grew, the percentage of home loans delinquent -- but not in foreclosure -- actually shrunk.
Source: MarketWatch.com - Top Stories | 19 Feb 2010 | 4:08 pm How the major stock indexes fared on Friday (AP)AP - The stock market ended a strong week with modest gains after investors found good news in the Federal Reserve's decision to begin dismantling emergency lending measures for banks.Source: Yahoo! News: Stock Markets News | 19 Feb 2010 | 4:04 pm Winter Olympic ratings biggest since '94Some 152 million people have watched some part of the games over the first seven days, NBC Sports says, and the telecasts have had the most average viewers since 1994 games.
Source: MarketWatch.com - Top Stories | 19 Feb 2010 | 4:01 pm NASB delays filing report with SEC (AP)AP - Regional bank operator NASB Financial Inc. said Friday that it will delay filing its financial report for the fourth quarter with the Securities and Exchange Commission. The company said it expects to file the report by April 19.Source: Yahoo! News: Stock Markets News | 19 Feb 2010 | 4:00 pm Presented By:Source: Dealbreaker | 19 Feb 2010 | 4:00 pm Write-Offs: 02.19.10$$$ Tiger Woods's Televised Apology Freezes Wall Street Trading: Chart of Day [Bloomberg] $$$ Judge Weighs Delay in Galleon Civil Trial [NYT] $$$ Cuomo Turns Over BofA Testimony [WSJ] 
 Source: Dealbreaker | 19 Feb 2010 | 4:00 pm Departing climate chief pessimistic on CancúnHopes that the world’s biggest polluters will strike a deal to cut emissions this year have been dashed by Yvo de BoerSource: Financial Times - US homepage | 19 Feb 2010 | 4:00 pm Greece set for critical test with bond issueAthens is close to attempting a multibillion-euro bond issue, in what will be a test of the country’s credibility in financial markets as it battles with a spiralling debt crisis and strikesSource: Financial Times - US homepage | 19 Feb 2010 | 4:00 pm Dollar rises on surprise Fed moveThe dollar rises against a basket of currencies after the US Federal Reserve increases interest rates for emergency bank loans.Source: BBC News | Business | World Edition | 19 Feb 2010 | 3:59 pm Earnings roundup: Bluefly, Dynex Capital (AP)AP - Among the earnings stories for Friday, Feb. 19, from AP Financial News:Source: Yahoo! News: Business News | 19 Feb 2010 | 3:59 pm VT Group seeks Babcock takeover deadlineVT Group has asked the Takeover Panel to issue a "put-up-or-shut-up" deadline for a formal bid from Babcock.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 19 Feb 2010 | 3:59 pm IRS: a frequent target of antigovernment violence (The Christian Science Monitor)The Christian Science Monitor - Thursdayâs attack on an Internal Revenue Service offices in Austin, Texas, is one incident in a string of violent threats and assaults directed toward the agency in recent years.Source: Yahoo! News: Business News | 19 Feb 2010 | 3:58 pm Report: Fewer people falling behind on home loans (AP)
Source: Yahoo! News: Business News | 19 Feb 2010 | 3:55 pm Stocks make it 4 for 4Stocks ended higher Friday, marking the fourth straight day of gains, but investors were cautious buyers at the end of a big week that included the Fed's decision to boost the emergency bank lending rate.Source: Business and financial news - CNNMoney.com | 19 Feb 2010 | 3:43 pm Fed seeks to calm markets after discount rate riseNEW YORK/SAN JUAN, Puerto Rico (Reuters) - The Federal Reserve on Friday poured more cold water on speculation that a surprise rise in its emergency lending rate signaled it was moving faster to rein in its easy money policies.
Source: Reuters: Business News | 19 Feb 2010 | 3:39 pm TSX ends week with 8th straight rising day (Reuters)Reuters - Toronto's main stock market index edged higher on Friday, marking its eighth straight rising session, as gains in energy and financial issues outweighed a slide among gold miners.Source: Yahoo! News: Stock Markets News | 19 Feb 2010 | 3:38 pm Economists settling old scores over UK financesCalculators at dawn, the world's economists are squaring up over the size of the shovel and timetable for digging needed to get us out of our financial hole.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 19 Feb 2010 | 3:29 pm Rally persists in spite of early anxietiesGlobal Market Overview: Markets continued their now 11-months-running move to embrace risk, only initially bothered by late-breaking news on Thursday of a surprise shift by the US central bankSource: Financial Times - US homepage | 19 Feb 2010 | 3:26 pm Debt-addicted Britain cannot afford to delay cutting the deficitBeware economists writing letters to newspapers. It happened before in 1981 when 364 wrote demanding the Thatcher government change economic policy to end recession, which was causing a steep climb in unemployment.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 19 Feb 2010 | 3:20 pm Tiger Woods Caused The Stock Rally, Really (DIA, SPY, QQQQ)Today was very confusing for traders. You had a housing number that may have incorrectly gave a feeling that housing is about to rapidly get back on its feet and we had a tame retail inflation figure via CPI that did not at all mirror the wholesale inflation via PPI yesterday. Throw in an off-meeting [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 19 Feb 2010 | 3:19 pm Dollar boosted as speculators bet on Fed raising ratesCurrency speculators have pushed the dollar to nine-month highs against sterling and the euro.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 19 Feb 2010 | 3:13 pm The euro's Greek tragedyThe Greek crisis has thrown another detour into the euro's march to world currency domination.Source: Business and financial news - CNNMoney.com | 19 Feb 2010 | 3:01 pm Penney, Dell, Huntsman, Intuit are big movers (AP)AP - Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:Source: Yahoo! News: Stock Markets News | 19 Feb 2010 | 2:57 pm Britain's 'dangerous' deficit is dividing the business communityBritain's bulging deficit has divided the country's politicians and economists into two distinct camps. Now the business community is split too.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 19 Feb 2010 | 2:56 pm Final note: Tiger disrupts tradingIn this final note, you can see how Wall Street traders reacted to Tiger Woods' first on-camera statement since news of his transgressions broke through.Source: Marketplace | 19 Feb 2010 | 2:52 pm Bloom Energy's 'magic box'The Bloom Energy CEO is finally unveiling his entry in the fuel-cell arena after years of playing it close to the vest.Source: Business and financial news - CNNMoney.com | 19 Feb 2010 | 2:42 pm IMF gives vote back to ZimbabweThe International Monetary Fund agrees to restore Zimbabwe's voting rights after a seven-year suspension for unpaid debts.Source: BBC News | Business | World Edition | 19 Feb 2010 | 2:40 pm How To Help Yvrose Jean Baptiste
Yvrose Jean Baptiste carries a bucket of chicken necks for sale in Haiti. (Chana Joffe-Walt/NPR) By Adam Davidson The latest word from Yvrose Jean Baptiste -- the small-time Haitian wholesaler who we talked to in a recent podcast -- is that she hasn't been able to work out a solution with her lender yet. She's trying to. Several people have asked how they might help her. Yvrose is setting up an account at Fonkoze, a well-regarded microcredit financial institution in Haiti. Folks can send checks payable to Yvrose Jean Baptiste to: Fonkoze USA That money will be deposited directly into Yvrose's account and only she will have access to it. We'll make sure of that. We'll also be following up with Yrose in the coming weeks so stay tuned for an update. » E-Mail This » Add to Del.icio.us Source: NPR Blogs: Planet Money | 19 Feb 2010 | 2:40 pm Prime Minister Papandreou denies debt problem is in 'Greek DNA'Leader calls for Greece to be offered loans at the same rate as other nations, warning Britain that deficit problem is not unique to Greeks.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 19 Feb 2010 | 2:39 pm Are you a tax cheat?Do you cheat on your taxes? If so, you're not alone. More Americans are fudging their taxes and an increasing number of people are scared of being audited, a survey from the IRS Oversight Board shows.Source: Business and financial news - CNNMoney.com | 19 Feb 2010 | 2:39 pm Stocks edge up but rate worries linger (Reuters)
Source: Yahoo! News: Stock Markets News | 19 Feb 2010 | 2:35 pm Greece changes chief debt manager as pressure growsGreece yesterday replaced the head of its national debt management agency amid demands from the European Union that it tackle the crisis in its public finances. Source: Latest Business News from Times Online | 19 Feb 2010 | 2:30 pm Retail sales fall adds to 'double-dip' concernsBiggest monthly drop in UK retail sales for 18 months stuns observers.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 19 Feb 2010 | 2:25 pm Sex Writer/Madoff Victim Pens New Tome
Source: Dealbreaker | 19 Feb 2010 | 2:25 pm School used webcams to ‘spy’ on students at homeIt has been revealed that a school in Philadelphia had equipped laptops with security software that allowed the school district to activate the computer’s webcam and view the students at any timeSource: Financial Times - US homepage | 19 Feb 2010 | 2:24 pm The Fed's great rate debateThe Federal Reserve made it clear Thursday that the hike in its emergency lending rate won't mean a thing for the interest rates paid by consumers and businesses any time soon.Source: Business and financial news - CNNMoney.com | 19 Feb 2010 | 2:19 pm Shopper alert! Time for the cool stuffSellers are ready to woo shoppers in 2010 with innovative new products and cool ways to sell them. Here is a sampling of what to expect.Source: Business and financial news - CNNMoney.com | 19 Feb 2010 | 2:16 pm Green in 2010: Windfarms on your houseThat's just one of the things pitched to consumers at this year's Green Products Expo in New York. Others include ultra efficient toilets and plates made from leaves.Source: Business and financial news - CNNMoney.com | 19 Feb 2010 | 2:06 pm Podcast: Why Is A Corporation A Person?
The Quaker Oats Man: A corporate product, personified. (Or Hiltch/Flickr) On today's Planet Money: Justice is served! A wrong is righted! And we get to the heart of why the law sees corporations as people. Last week on This American Life our own Alex Blumberg had a story about corporate personhood. The idea was actually pitched by Alex's dad, who was pretty upset about the recent Supreme Court ruling that essentially said: Hey, giant companies are like people. So they get to spend money on political campaigns just like you and me. It was Alex's father's dream that Alex get to the bottom of this issue. He wanted Alex to call up Exxon Mobil and say: "Who do you think you are?" Alex's story went on the radio-- but halfway through the crew over at TAL cut it off. They thought it was too boring. We here at PM felt otherwise. Apparently you did too. We got lots of emails and tweets from listeners asking for the rest of the story. So today, we bring you Alex's full story on corporations as people. We also check back in with his dad. After the jump, see a picture of the father and son team behind today's show. Download the podcast; or subscribe. Music: The Ramones "This Business Is Killing Me." Find us: Twitter/ Facebook/ Flickr. 
The father and son team behind today's show: Richard and Alex Blumberg. (Richard Blumberg) » E-Mail This » Add to Del.icio.us Source: NPR Blogs: Planet Money | 19 Feb 2010 | 2:00 pm Kiss This Pink, Rhinestone-Encrusted Lamborghini Good-Bye
Source: Dealbreaker | 19 Feb 2010 | 1:56 pm Google: Antisocial networkingGoogle: An outcry over privacy that greeted the launch of the Buzz service reflects a growing unease among users and industry rivals alike at the internet giant’s heavy-handed waysSource: Financial Times - US homepage | 19 Feb 2010 | 1:25 pm GSK faces £325m hit on asthma drug rulingBritain’s biggest drug maker faces a possible £325 million hit to sales of its bestselling drug after a ruling from by American pharmaceuticals regulator, analysts say. Source: Latest Business News from Times Online | 19 Feb 2010 | 1:18 pm The Fruits Of Shia LaBeouf's Labor, Part II
Earlier: The Fruits Of Shia LaBeouf's Labor
Source: Dealbreaker | 19 Feb 2010 | 1:17 pm US consumer prices see small riseUS consumer prices rose by less than expected in January, easing concerns about growing inflationary pressures.Source: BBC News | Business | World Edition | 19 Feb 2010 | 12:57 pm Tiger’s Sponsors… Come From Behind Victory? (NKE, ERTS, AXP, PG, ACN)Tiger Woods is a unique athlete that put himself in a unique situation. Today’s first round of formal apologies was effectively nothing more than a telegraph of more to come that so far raises more questions than answers. If you just look at the statements Tiger made, it seems as though he gave an invitation [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 19 Feb 2010 | 12:36 pm Fed move reinforces recovery hopesThe dollar leapt to nine-month highs on Friday after the US Federal Reserve took a big step towards unwinding its massive programme to stimulate the economySource: Financial Times - US homepage | 19 Feb 2010 | 12:27 pm Lloyd's Nuclear Balls Dismantle Lawsuit
Source: Dealbreaker | 19 Feb 2010 | 11:47 am Philadelphia SEC Chief Wants To Know Where You Went To Business School, And Who You Might've Slept With ThereAmong other things. Because it's very likely that whoever you were sharing tips with back then, you're still giving tips to today, in the form of material non-public information, according to Daniel Hawke, who is heading up a new team out of Philly "charged with cracking down on a variety of market abuses." Team Hawke will be conducting "trader-based investigations rather than going security by security," and if your boy from Wharton or the Jack Welch MBA institute gave you a hot tip he wasn't supposed to, Hawke's gonna find out, just like he'll know about the profit you made from the info Bambi from Beamers stuck in your ear last night. Much of the initial detective work that Hawke's group is doing relies heavily on computers. The team cross-checks trading data on dozens of stocks with personal information about individual traders, such as where they went to business school or where they used to work.
Source: Dealbreaker | 19 Feb 2010 | 11:43 am Is A Future U.S. Default 'Absurd'?By Daniel Costello Earlier this week, a friend sent me a recent opinion piece by historian and Planet Money contributer Nail Ferguson's about why Ferguson believes the U.S. is more like Greece than anyone wants to believe. Judging by the Fed's decision yesterday to raise the discount rate, it seems U.S. policymakers think Ferguson and other worryworts are too pessimistic. (Lower down, I've included a response from Nobel Prize-winning economist Joseph Stiglitz on the issue. He's more bullish about the U.S.'s future.) From The Financial Times: It began in Athens. It is spreading to Lisbon and Madrid. But it would be a grave mistake to assume that the sovereign debt crisis that is unfolding will remain confined to the weaker eurozone economies. For this is more than just a Mediterranean problem with a farmyard acronym. It is a fiscal crisis of the western world. Its ramifications are far more profound than most investors currently appreciate. For the world's biggest economy, the US, the day of reckoning still seems reassuringly remote. The worse things get in the eurozone, the more the US dollar rallies as nervous investors park their cash in the "safe haven" of American government debt. This effect may persist for some months, just as the dollar and Treasuries rallied in the depths of the banking panic in late 2008. Yet even a casual look at the fiscal position of the federal government (not to mention the states) makes a nonsense of the phrase "safe haven". US government debt is a safe haven the way Pearl Harbor was a safe haven in 1941. Even according to the White House's new budget projections, the gross federal debt will exceed 100 per cent of GDP in just two years' time. This year, like last year, the federal deficit will be around 10 per cent of GDP. The long-run projections of the Congressional Budget Office suggest that the US will never again run a balanced budget. That's right, never. Speaking at an event at the London School of Economics, Joseph Stiglitz recently said the U.S. is not at risk of default and continues to push the idea that the year-old U.S. stimulus plan is insufficiently large to get the economy back on track. Mr Stiglitz called the likelihood of a default "so small, particularly in the US because all we do is print money to pay it back." Mr Stiglitz, a former chief economist at the World Bank, said that the idea of a default by the US or Britain is "so absurd, it's another reflection of the absurdities in the financial markets." As a bonus: here's a video of Stiglitz on how governments should try and "burn" speculators who are currently trying to profit off of public finance woes.
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Source: NPR Blogs: Planet Money | 19 Feb 2010 | 11:41 am First Lady puts focus on healthy eatingFirst Lady Michelle Obama visited a Fresh Grocer in North Philadelphia, an area that she says lacked a decent grocery store for 10 years. Bob Moon reports on the Obama administration's healthy food initiative.Source: Marketplace | 19 Feb 2010 | 11:25 am Weekly Wrap: Financial regulationFortune Magazine's Leigh Gallagher and Reuters blogger Felix Salmon talk with Kai Ryssdal about whether Senator Christopher Dodd's new financial regulatory bill will work to stem system risk, and whether any type of reform will really happen.Source: Marketplace | 19 Feb 2010 | 11:25 am Will new credit rules change behavior?Marketplace Money host Tess Vigeland talks with Kai Ryssdal about new legislation that will cut down on some of the surprises consumers receive in their credit card statements, and how people are feeling about the changes.Source: Marketplace | 19 Feb 2010 | 11:25 am The surreal life of a celeb doppelgangerEver been told that you look like a certain celebrity? For some people, being a celebrity lookalike is actually a job. But Rico Gagliano reports it can be tough when your work depends on a famous stranger's career.Source: Marketplace | 19 Feb 2010 | 11:25 am Signs of people taking back the tapNestle says its bottled water division saw revenue evaporate by more than 5% in 2009, and that may have an upside for the planet. Jennifer Collins reports.Source: Marketplace | 19 Feb 2010 | 11:22 am Health reform push is about the poolEven after the bellyaching in Congress and the fuss over premiums, President Obama is still calling for everyone to have health insurance. Why? Nancy Marshall Genzer reports.Source: Marketplace | 19 Feb 2010 | 11:22 am Fed signals end to cheap money supplyThe Federal Reserve bumped up the rate it charges banks for emergency loans, which led to speculation that the federal funds rate would go up soon. John Dimsdale reports the Fed wants you to believe there's less going on here than meets the eye.Source: Marketplace | 19 Feb 2010 | 11:22 am A historian's look at credit card reformWill credit card reform have a long-term effect on our behavior as consumers? Tess Vigeland talks with Wall Street historian John Steele Gordon.Source: Marketplace Money | 19 Feb 2010 | 11:13 am A credit call coming to a phone near youPortland's sketch comedy troupe Live Wire perform an imagined phone call from a credit card company.Source: Marketplace Money | 19 Feb 2010 | 11:13 am Two generations reflect on credit cardsPersonal finance writer Beth Kobliner and her teenage daughter Becca talk about how they find a middle ground between mom's old school rules and today's teen pressures revolving credit cards.Source: Marketplace Money | 19 Feb 2010 | 11:13 am Credit card companies' side of the storyScott Talbott of Financial Services Roundtable, a banking industry organization, tells Tess Vigeland how credit card companies feel about the CARD Act.Source: Marketplace Money | 19 Feb 2010 | 11:12 am Getting PersonalMSN Money columnist Liz Pulliam Weston joins Tess Vigeland to take listeners' questions about their relationship with plastic.Source: Marketplace Money | 19 Feb 2010 | 11:12 am Say no thanks to credit cardsCommentator Chris Farrell says if you don't carry a balance on your credit cards, you don't have to worry about what the card companies do.Source: Marketplace Money | 19 Feb 2010 | 11:12 am How card companies continue to profitDespite the changes hitting the industry, credit card companies are finding ways to make money. Reporter Stacey Vanek-Smith tells Tess Vigeland just how.Source: Marketplace Money | 19 Feb 2010 | 11:12 am The loopholes of credit card reformCredit card reform is finally here, but there are loopholes consumers need to be aware of. Stacey Vanek-Smith reports.Source: Marketplace Money | 19 Feb 2010 | 11:12 am Regrets: Hank Paulson Wanted To Be A Forest Ranger
Anyway, no matter, because the ice was broken by starting with a less controversial topic Hank's unaccomplished desire to be a forest ranger. "I never wanted to be a forest ranger more than during the crisis," the former Treasury Secretary said wistfully.
Source: Dealbreaker | 19 Feb 2010 | 11:05 am A look at global economic developments (AP)AP - A look at economic developments and activity in major stock markets around the world Friday:Source: Yahoo! News: Stock Markets News | 19 Feb 2010 | 10:55 am Tiger Woods confesses amid media frenzyTiger Woods, one of the world’s most bankable sportsmen, has confirmed serial infidelities in a carefully staged television apology, but left sponsors, broadcasters and a ravenous press pack guessing about when he might return to competitive golfSource: Financial Times - US homepage | 19 Feb 2010 | 10:51 am Contact takes fast trackContact Energy has filed resource consent applications for the second phase of its development of the Tauhara geothermal resource near Taupo. Contact has requested that the application for the 250-megawatt Tauhara 2 development...Source: nzherald.co.nz - Business | 19 Feb 2010 | 10:50 am When Will Alan Greenspan Finally Die?
Mr. Schirmer says he had high hopes for the painting when he bought it in 2006 with his brother, Nathan. The money they spent went to a worthy cause, autism research. But Mr. Schirmer says he was hoping to raise even more money for a favorite charity, Autism Speaks. It's not that Schirmer et al wish Big Al any harm, per se, it's just that he's not the sort of thing you want lying around the house, where guests or innocent children might see him. Brian McAnaney, a lawyer in Stamford, Conn., bought an early Greenspan painting by Ms. Crowe at a charity auction way back for $300. A friend of the artist's family, he hung the painting in his office, where it remained until he retired. Now he has it hidden away in a closet in his summer house. Until our sweet prince finally does take his final bow, though, he's actually not entirely useless.
Source: Dealbreaker | 19 Feb 2010 | 10:34 am TeamTalk profit upCommunications company Team Talk has reported a net profit after tax of $1.98 million in the six months to December 31, up 38 per cent on the same period last year. Operating revenue fell 2.2 per cent to $15.2 million. The company...Source: nzherald.co.nz - Business | 19 Feb 2010 | 10:20 am Greece 'needs European support'Greece's Prime Minister says his country needs European support to cut debt levels effectively, but adds it does not need a bail-out.Source: BBC News | Business | World Edition | 19 Feb 2010 | 10:03 am Societe Generale Raised to `Hold' at RBS: AudioSource: Bloomberg - All Podcasts | 19 Feb 2010 | 10:02 am Jones Day’s Ball Discusses Role in Chrysler Bankruptcy: BLAWSource: Bloomberg - All Podcasts | 19 Feb 2010 | 9:55 am Taupo hotel planPlans have been revealed for a new $100 million hotel development near Taupo. The circular design with a green space in the middle may sit on a 6ha site next to the Huka Village, 2km north of Taupo on State Highway 1. It includes...Source: nzherald.co.nz - Business | 19 Feb 2010 | 9:50 am Rabbi Charged Tries, Unsuccessfully, To Extort Connecticut Hedge Fund
In a criminal complaint filed in federal court in Manhattan, prosecutors said that Mr. Balkany, 63, had recently been serving as a "spiritual adviser" to a federal inmate who told him that a Connecticut hedge fund had used inside information to profit from a number of stock trades.
Source: Dealbreaker | 19 Feb 2010 | 9:39 am This Week´s LinksThe Economist has the story behind the General Growth takeover. Zero Hedge on Britain in the Falkland Islands. Barry Rithotlz has his prints all over the latest Matt Taibbi article. Salon explores the blame game behind the guy who flew his plane into an IRS building. Slate on meaningless expiration dates.
Source: Business Pundit | 19 Feb 2010 | 9:33 am Nato takes heavy casualties in MarjahSix soldiers have been killed in Afghanistan in the worst single-day loss for international forces since the launch of an offensive to drive Taliban insurgents from the townSource: Financial Times - US homepage | 19 Feb 2010 | 9:30 am What The Fed Hike Did (And Did Not) DoBy John Hudson of The Atlantic Wire Thursday night, the Fed unexpectedly raised the discount rate–an interest rate it “charges banks for emergency loans.” The surprise move shook global markets, and spurred speculation about whether this reflects a tightening of monetary policy. Read more…. Filed under: Uncategorized[[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 19 Feb 2010 | 9:23 am Shire profits higher on ADHD drugUK pharmaceutical company Shire announces a 23% rise in fourth-quarter profit, with shares currently up just over 4%.Source: BBC News | Business | World Edition | 19 Feb 2010 | 9:20 am Port merger progressLyttelton Port Company and Port of Otago are moving to the next phase of merger talks. The structure being considered involves the legal separation of the infrastructure assets from the operations and commercial activities of...Source: nzherald.co.nz - Business | 19 Feb 2010 | 9:20 am Zelizer Discusses His Book `Arsenal of Democracy': Lewis LaphamSource: Bloomberg - All Podcasts | 19 Feb 2010 | 9:19 am Emerging Market Surprise: Turkey Upgraded by S&P (TUR, TKF, TKC)If you have read the news about Greece, Spain, and other PIIGS nations, you might think that the EuroZone and any neighboring states would be in the tank. If you asked about Turkey without making any quick research you might just lump it into the same pile. Well, Standard & Poor’s says differently. S&P has [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 19 Feb 2010 | 9:07 am Warning signs for KiwiSaverAs a KiwiSaver scheme comes under investigation by the investment watchdog for the first time, questions are being raised about the risks involved in the Government-backed retirement savings scheme.Yesterday the Securities Commission...Source: nzherald.co.nz - Business | 19 Feb 2010 | 9:00 am Market stunned by NZX flip-flopSharemarket operator NZX has been caught out operating a two-speed information regime that favours institutional investors over mums and dads as it botched a decision over whether Allied Farmers should be promoted to the NZX-50.In...Source: nzherald.co.nz - Business | 19 Feb 2010 | 9:00 am Kiwibank seeks overseas cashThe head of Kiwibank says it will need to use overseas funding to grow, driven in part by new Reserve Bank rules regarding liquidity.Kiwibank today declared a 9 per cent drop in half year profit to $23.5 million, which was "a...Source: nzherald.co.nz - Business | 19 Feb 2010 | 9:00 am Creditors want Olympic Alpine site to go up for sale during GamesAt the height of its Olympic glory, Whistler - the ski resort hosting glamorous Alpine events at the Winter Games - may be headed for the auction block.It's owned by a New York hedge fund that is reportedly behind on a US$524...Source: nzherald.co.nz - Business | 19 Feb 2010 | 9:00 am Union loses fight to halt BA cutsThe Unite union fails in a High Court bid to get last year's British Airways' cabin crew changes overturned.Source: BBC News | Business | World Edition | 19 Feb 2010 | 9:00 am Brian Gaynor : Highs and lows as investing heats upThe investment sector moved into top gear this week with a number of important profit results, further developments regarding the Capital Markets Development Taskforce and the release of the Independent Advisers Report in the highly...Source: nzherald.co.nz - Business | 19 Feb 2010 | 9:00 am Debt deal 'is legal'ATHENS: Greece says a complex debt deal with US investment bank Goldman Sachs that has come under scrutiny by the European Union was above board, and will be explained in a letter being sent by the Finance Minister to the European...Source: nzherald.co.nz - Business | 19 Feb 2010 | 9:00 am This Week’s Weird Jobs
This week’s weird jobs boast some rather McGyverish titles. Information hunter/gatherer. Pig roaster. Wingwoman. Which job would you prefer? We would like to talk with you about a solid work opportunity with an established company. This is a telephone based non-sales position that requires gathering information from those currently employed in the corporate workforce, nationwide. To be successful, you will need: - Verbal communication skills that are well above average, matching the corporate workforce Aside from the general workforce, we welcome inquiries from the recently retired, those returning to the workforce from childcare responsibilities, and college or graduate students with open schedules. Does calling market research “information hunting and gathering” really make it that much more exciting? 2. CO: Need Pig Roasters for Wedding! We are looking for someone that has experiance roasting a pig for a wedding. If you would like to do it, or know of anyone that does it please email me.We are expecting 175-250 people. Thanks!! If you really don’t know how to roast a pig, and bring an Internet printout telling you how to, we would appreciate you concealing it. What : Need A Cleaning Lady / Crew For One ( 1 ) Tiled Bathroom – 7ft by 5ft One bathtub, one sink, one toilet…and 20 gallons of horrendous, unnamable body excretus. 4. NY: NEED PROPERTY FLAGGED I have a survey but need property flagged to indicate the borders between myself and my neighbors. I can provide the site map and measurements. Need you to place flags at a modest cost. My neighbor tried to shoot me last time I placed those flags. I need you as a decoy to mark my territory. Wingwomen wanted! A wingwoman is a woman who goes into a social situation with the purpose of helping the guy or guys she is with meet women. This is actually an extremely easy and fun job, but many women find it so counter-intuitive that they simply cannot do it. The role is a wingwoman is to: -Relax, laugh, have a good time, and emanate a genuine, positive energy. This is not about you expressing your opinion on relationships, dating, how you think dating should take place, or offering advice. What it is about is getting paid to have a great time doing the most fun, exciting, easy job you have ever done! I am a classy professional who was part of a group in NYC that employed four part-time wingwomen for the past year. I have recently moved to San Francisco, and am looking to hire two part-time wingwomen to join me at cocktail parties, nights out at the best lounges and clubs, charity events, and other Bay Area happenings. My goal is to find a serious relationship with the right woman, and to have a lot of fun searching for her and meeting new people in the process. Please include a photo with your response. I look forward to hearing from you, and possibly to working with you! If you’re really cute, I might consider dating you instead. Happy Friday!
Source: Business Pundit | 19 Feb 2010 | 8:55 am Two Small Alternative Energy Capital Raises, More To Come (ACPW, CPST)We have two small capital raises seen this morning in two alternative energy players. These are also classified as cult stocks due to their small size and trading history. Active Power, Inc. (NASDAQ: ACPW) is raising almost $10 million and Capstone Turbine Corporation (NASDAQ: CPST) is raising almost $37 million in an offering. Normally these [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 19 Feb 2010 | 7:35 am Experts back spending cuts delayMore than 60 economists sign two open letters backing the government's decision to delay spending cuts until 2011.Source: BBC News | Business | World Edition | 19 Feb 2010 | 7:24 am Inflation Remains TameBy Daniel Costello With housing prices continuing to drop sharply, U.S. core consumer prices fell a seasonally-adjusted 0.1% in January, the first decline since 1982, the Labor Department estimated Friday. Core prices, which exclude food and energy costs, are considered a good indicator of underlying inflationary pressures. In January, prices fell for hotel fares, home ownership costs, new cars, airfares and clothing, leaving room for the Federal Reserve to keep supporting the economy with record-low interest rates. Following continued improvements in financial markets, the Fed Friday raised the rate it charges banks for emergency loans. But in making the announcement Thursday, it reiterated that benchmark short-term rates are expected to stay near zero for several months to bolster the recovery. Overall, the consumer price index rose a seasonally adjusted 0.2% in January for the fifth straight month, the government said. Higher energy and medical costs more than offset the largest decline in services prices since 1982. In the past year, the CPI is up 2.6%, led by higher energy costs. The core CPI is up 1.6% in the past year. Shelter costs, which account for more than 40% of the CPI, are down 0.1% in the past year, largely due to the collapse of the housing market.
» E-Mail This » Add to Del.icio.us Source: NPR Blogs: Planet Money | 19 Feb 2010 | 6:58 am Hughes on Stocks, Jersey on Bonds, Silvia on CPI: First WordSource: Bloomberg - All Podcasts | 19 Feb 2010 | 6:55 am Today’s Best Market Rumors (2/19/2010)Updated throughout the day. Dendreon Corp. (NASDAQ: DNDN) and Myriad Genetics Inc. (NASDAQ: MYGN) buyout rumors on options trading (3:45 PM EST). BioHealthInvestor.com says caveat emptor! Two schools in China are being tied to the cyberattacks on Google (GOOG) and other sites (NYTimes) Blackstone (BLK) and sovereign wealth funds are in talks to help Simon Properties buy General [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 19 Feb 2010 | 6:32 am Top 10 Analyst Upgrades and Downgrades (ACN, BUD, BBY, SCHW, FSLR, INFY, KNOT, LIZ, DIS, WBMD)These are Friday’s top analyst upgrades, downgrades, and initiations we have seen from Wall Street research calls this morning: Accenture plc (NYSE: ACN) Cut to Sell at Kaufman Bros. Anheuser-Busch (NYSE: BUD) Cut to Hold at Stifel Nicolaus. Best Buy Co. Inc. (NYSE: BBY) Started as Market Outperform at JMP Securities. Charles Schwab (NASDAQ: SCHW) Raised to Neutral from [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 19 Feb 2010 | 6:26 am Vulture Watch: Nortel’s Patent Portfolio Up For Grabs (NRTLQ, RIMM, INTC, CSCO, MSFT, ERIC, QCOM, ALU)Nortel Networks Corp. (NRTLQ) is just about wound down in its bankruptcy. The company’s operations have effectively all been sold off, at extreme discounts. In this bankruptcy there is one last sale or group of sales still remaining. Nortel’s vast patent portfolio is the last piece of the puzzle. The ultimate value of the patents [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 19 Feb 2010 | 6:01 am Morning Report: The Fed Rattles World Markets; China Schools Focus of Cyber InquiryBy Daniel Costello The U.S. Federal Reserve rattled world markets by raising the rate it charges banks for emergency loans late Thursday in a possible sign of further stimulus unwinding. World markets fell Friday after the Fed's unexpected move raised fears that regular borrowing costs could also move higher soon, slowing the recovery in the world's largest economy. The central bank said it will bump up the "discount" lending rate by one-quarter point to 0.75 percent, part of a pullback of the extraordinary aid it provided to fight the financial crisis. Although the Fed said the step should not be seen as a signal that it will soon boost interest rates for consumers and businesses, markets were spooked. After sharp drops in Asia, Germany's DAX stock index was down 0.2 percent at 5,671.28 and Britain's FTSE 100 was flat at 5,326.84. France's CAC-40 fell 0.2 percent to 3,742.09. Meanwhile, the sophisticated cyber-attacks disclosed by Google Inc. in January have been traced to computers at two educational institutions in China, the New York Times reported Thursday. Google announced on Jan. 12 that it had suffered attacks aimed at stealing intellectual property and identifying advocates for human rights reform in China -- prompting the company to reevaluate whether it will continue doing business directly there. Citing unnamed sources, the Times reported that the two schools in China that hosted the attacks are Shanghai Jiaotong University and the Lanxiang Vocational School. "Jiaotong has one of China's top computer-science programs," the Times reported, while Lanxiang trains computer scientists for the military. The Obama administration may be set to renew its push for higher capital requirements for banks at home and internationally as the main thrust of regulatory reform, The Financial Times reports. While officials remain optimistic that Congress will pass a financial regulation this year, there is also a belief that the administration could, as a last resort, achieve much of the desired regulatory overhaul and bypass Capitol Hill. Even if the much-debated "Volcker rule" that would ban deposit-taking banks from proprietary trading is not approved, the Federal Reserve and other bank regulators will be asked to fine-tune capital requirements to make risky activity more expensive. » E-Mail This » Add to Del.icio.us Source: NPR Blogs: Planet Money | 19 Feb 2010 | 5:55 am The Dividend Hikes Continue (KO, CCE, TIF, PFCB, RIG, KGC, AU, MO, HNZ, DAI, HME)The Fed has started the end of the near-zero rate cycle cycle, sort of. But yesterday’s sudden discount rate hike to 0.75% from 0.50% is almost certainly a prelude to the Fed Funds rate hike(s) coming soon to a theater near you. After more than a year of short-term government interest rates being almost zero [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 19 Feb 2010 | 5:31 am Why Fact Checking is Important, Even for Experts
Source: Business Pundit | 19 Feb 2010 | 5:02 am Wireless Call Quality DropsA new study by JD Power shows that wireless call quality fell sharply during the last six months. Part of this is undoubtedly due to overloads of 3G networks which are swamped with data. But quality problems are causing customers to change carriers which increases their marketing costs and creates “churn”, which is costly as more subscribers cancel [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 19 Feb 2010 | 4:17 am
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