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Gov't says it cannot explain runaway Prius (AP)
Source: Yahoo! News: Business News | 15 Mar 2010 | 4:15 am Social Security Begins To Take Back Money Treasury BorrowedThe Social Security Adminstration wants back the $2.5 trillion its has loaned to the US Treasury. It is no wonder. The agency will have to pay out $29 billion more this year that it takes in from payroll withholding, according to the AP. The tension between what the Treasury’s needs and what the Social Security Administration [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 15 Mar 2010 | 4:11 am 24/7 Wall St.’s Corporate Power Rankings (Week 10)The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management strength and changes, and credible rumors. It is, in effect, a new version of the DJIA. The Corporate Power Rankings are released at midnight [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 15 Mar 2010 | 4:10 am EU rescue fund a 'long term' possibility: Almunia (AFP)
Source: Yahoo! News: Business News | 15 Mar 2010 | 4:09 am Tiger Woods Next Endorsement Deals: PriceWaterhouse, Powerade, Citizen, Verizon, Chrysler, Visa, and ChryslerTiger Woods sponsorship income in 2009 was estimated by several media sources to be $110 million. Thirty million dollars of that came from Nike (NKE). There are no estimates for the revenue he received from the companies that chose to end their relationships with him—Accenture (ACN), Tag Hauer, AT&T (T), Gatorade, which is part of [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 15 Mar 2010 | 4:08 am EU to discuss Greek aid, no firm figures seenBRUSSELS (Reuters) - Euro zone finance ministers are expected to agree a way of providing Greece with financial aid to tackle its debts on Monday, but France warned not to expect any hard figures and there remained barriers to a deal.
Source: Reuters: Business News | 15 Mar 2010 | 4:00 am Citi names Keshav Sanghi India equities headMUMBAI, March 15 (Reuters) - Citigroup said on Monday it named Keshav Sanghi as head of India equities, just two months after he joined the firm as head of sales and deputy head of equities for its Indian...Source: RSS feed - channel BNewsBusiness | 15 Mar 2010 | 3:57 am UBS faces tax queries from Australia, Britain, Canada (AFP)
Source: Yahoo! News: Business News | 15 Mar 2010 | 3:54 am Stocks set for rough openU.S. stocks were set for a lower start Monday, as investors expressed caution after pushing Wall Street to 18-month highs.Source: Business and financial news - CNNMoney.com | 15 Mar 2010 | 3:53 am Google’s Recent Moves Badly Hurt ShareholdersGoogle’s list of serious problems may be longer than it has been since the company’s IPO. The search engine company is all but certain to close Google.cn, its Chinese website after an ongoing battle with the People’s Republic’s censorship policy. Google is still struggling with the US Justice department over an digital book deal with publishers [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 15 Mar 2010 | 3:49 am World markets slip after mixed US economic reports (AP)
Source: Yahoo! News: Stock Markets News | 15 Mar 2010 | 3:44 am World markets slip after mixed US economic reports (AP)
Source: Yahoo! News: Business News | 15 Mar 2010 | 3:44 am Iran calls on OPEC to hold output target steady (AP)AP - Iran's oil minister said Monday that OPEC nations should not change their crude output targets at their upcoming meeting in Vienna.Source: Yahoo! News: Business News | 15 Mar 2010 | 3:43 am New credit card protection agreedCredit card holders will be offered more protection from spiralling debts, but the changes are watered down from original proposals.Source: BBC News | Business | World Edition | 15 Mar 2010 | 3:42 am Unite rejects pressure over BABritain's biggest union, Unite, is resisting Government pressure to re-start talks to prevent a planned strike by British Airways cabin crew.Source: BBC News | Business | World Edition | 15 Mar 2010 | 3:41 am UPDATE 1-Deals of the day -- mergers and acquisitionsMarch 15 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0930 GMT on Monday.Source: RSS feed - channel BNewsBusiness | 15 Mar 2010 | 3:32 am BoE's Kate Barker says UK economy may contract again for one quarterBritain's economy may contract again for one quarter, but is unlikely to return to recession, Bank of England policymaker Kate Barker was quoted as saying in an interview published over the weekend.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 15 Mar 2010 | 3:32 am More volatility ahead for Wall StreetStocks have ended four of the last five weeks higher, leaving the Nasdaq and S&P 500 at 18-month highs and the Dow industrials not far from such levels.Source: Business and financial news - CNNMoney.com | 15 Mar 2010 | 3:25 am Ford expects more buyers to shun Japanese carsFord Motor’s chief executive expects to pick up more market share in the US as the carmaker focuses on quality and freshening up its product range while rival Toyota grapples with a global products recallSource: Financial Times - US homepage | 15 Mar 2010 | 3:25 am UPDATE 1-CNOOC gets LatAm foothold with $3.1 bln Argentina deal* CNOOC shares hit 2-mth high (Adds Bridas background from paragraph 21)Source: RSS feed - channel BNewsBusiness | 15 Mar 2010 | 3:23 am Oil falls below $81 amid weak US crude demand (AP)
Source: Yahoo! News: Business News | 15 Mar 2010 | 3:21 am Stock futures signal dip; eyes on banks(Reuters) - Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.39 percent, Dow Jones futures down 0.38 percent and Nasdaq 100 futures down 0.23 at 0900 GMT (4:00 a.m. ET).
Source: Reuters: Business News | 15 Mar 2010 | 3:18 am Stock futures signal dip; eyes on banks (Reuters)
Source: Yahoo! News: Stock Markets News | 15 Mar 2010 | 3:18 am UPDATE 1-Liberty in sale-leaseback of flasghip London storeLONDON, March 15 (Reuters) - Upmarket British retailer Liberty is selling its distinctive mock Tudor department store building in London's West End for 41.5 million pounds ($62.9 million) to pay off debt,...Source: RSS feed - channel BNewsBusiness | 15 Mar 2010 | 3:15 am French Connection's losses widenStruggling fashion retailer French Connection is selling its Nicole Farhi subsidiary as it reports a widening of its annual losses.Source: BBC News | Business | World Edition | 15 Mar 2010 | 3:06 am Indications: U.S. stock futures weaken after 'trash' rallyA rating agency says the risks to credit ratings of Triple-A nations including the United States have grown.
Source: MarketWatch.com - Top Stories | 15 Mar 2010 | 3:06 am Tax rises hit Greece as EU to discuss debt crisis (AP)
Source: Yahoo! News: Business News | 15 Mar 2010 | 3:04 am Major Asian markets drop, China policy fears weighShares in China and Hong Kong are weighed down by lingering worries over fresh monetary tightening measures from Beijing.
Source: MarketWatch.com - Top Stories | 15 Mar 2010 | 3:02 am Wall Street reform: 'Clock is ticking'The head of a key banking panel is expected Monday to release a draft bill of sweeping regulatory changes aimed at warding off future collapses in the financial system.Source: Business and financial news - CNNMoney.com | 15 Mar 2010 | 2:53 am Defensive sectors help limit FTSE's lossesLondon equity markets made little ground in either direction on Monday, with only a slight negative tone being set by profit taking in banks and mining stocks. In early trade, the FTSE 100 was...Source: RSS feed - channel BNPaperBusiness | 15 Mar 2010 | 2:51 am UBS executive payouts surge in 2009UBS's current and former members of its group executive board receive around $104 million in pay and bonuses for 2009.
Source: MarketWatch.com - Top Stories | 15 Mar 2010 | 2:51 am London stocks open on stable note (AFP)
Source: Yahoo! News: Stock Markets News | 15 Mar 2010 | 2:46 am London Markets: BT rallies against listless London marketCiti upgrades the British telecom giant on hopes that it could benefit from fiber broadband networks.
Source: MarketWatch.com - Top Stories | 15 Mar 2010 | 2:40 am D1 Oils board ousts activist chairmanBrian Myerson, the activist investor, quit as chairman of D1 Oils today after his fellow board members and other shareholders rebuffed his attempt to engineer a reverse takeover of the troubled biofuel company. Source: Latest Business News from Times Online | 15 Mar 2010 | 2:38 am CNOOC gets LatAm foothold with $3.1 bln Argentina dealHONG KONG, March 15 (Reuters) - Chinese oil firm CNOOC's purchase of a stake in Argentina's Bridas Holdings gives it a foothold in reserve-rich Latin America and should ease investor worries about its...Source: RSS feed - channel BNewsBusiness | 15 Mar 2010 | 2:26 am How to become an exec-for-rentIf you're like most senior company loyalists, the word "temp" probably brings to mind certain corporate characters. The receptionist who's always updating his Facebook page. The coder who spends more time on job search algorithms than on optimizing your site. The contract manager who never gets that her suit looks odd in your laid-back culture.Source: Business and financial news - CNNMoney.com | 15 Mar 2010 | 2:26 am Dodd seeks difficult consensus on financial rulesCombining Obama administration and Republican priorities, the leading Senate author of a sweeping rewrite of the nation's financial regulations is looking for consensus with a proposal thatSource: RSS feed - channel BNewsBusiness | 15 Mar 2010 | 2:25 am Out of work? Meet your new best friendDecent job listings are pretty scarce these days -- which is why it's more important than ever to get your résumé in front of the top headhunters in your field. Executive-search professionals serve their client companies by quietly cherry-picking candidates for high-level jobs, many of which are never advertised. And if you're not on the recruiters' radar, you may miss out on prime opportunities. These strategies can help you get on the gatekeepers' good sides:Source: Business and financial news - CNNMoney.com | 15 Mar 2010 | 2:22 am China's product-quality agency to investigate H-PDozens of Chinese consumers have filed a joint complaint against U.S. computer maker Hewlett-Packard, alleging shortcomings in some of its laptops.
Source: MarketWatch.com - Top Stories | 15 Mar 2010 | 2:18 am French Connection to sell Nicole Farhi, close struggling US storesFrench Connection, the British fashion retailer, plans to sell its Nicole Farhi brand and close most of its underperfoming US stores as part of a strategic review.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 15 Mar 2010 | 2:16 am US lawmakers attack China ahead of Nov. electionsChina is once again the country Congress loves to hate. After a lull last year, U.S. politicians jockeying ahead of crucial November elections have stepped up attacks on China as a way...Source: RSS feed - channel BNewsBusiness | 15 Mar 2010 | 2:15 am French Connection to sell Nicole Farhi for £5mFrench Connection today announced the sale of its Nicole Farhi business to an American private equity group as part of a strategic review of the business to stem millions of pounds worth of losses. Source: Latest Business News from Times Online | 15 Mar 2010 | 2:12 am Europe Markets: Europe stocks trade lower as chips weighEurope stocks dipped in early trade on Monday, with weaker Asia markets setting the tone with a downgrade for some chip stocks and declines in the resource sector also weighing.
Source: MarketWatch.com - Top Stories | 15 Mar 2010 | 2:11 am Health Care 101: A consumer primer on Obama's billIt took lawmakers a year to shape President Barack Obama's health care bill. If it finally passes Congress, it'll take the better part of a decade to write the user manual for consumers andSource: RSS feed - channel BNewsBusiness | 15 Mar 2010 | 2:09 am 10 best employers with big job growthBest Companies to Work For like the Scooter Store and DreamWorks hired big last year and show no signs of slowing down.Source: Business and financial news - CNNMoney.com | 15 Mar 2010 | 2:07 am Chinese automaker BYD plans massive expansion (AFP)
Source: Yahoo! News: Business News | 15 Mar 2010 | 2:06 am Business Bullet: China, Gold, Greece, UK debtThe latest news on: China, Gold, Greece, UK debtSource: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 15 Mar 2010 | 2:00 am Media Digest 3/15/2010 Reuters, WSJ, NYTimes, FT, BloombergReuters: The Senate reform bill gives the Fed broader powers. Reuters: Google (GOOG) says it is still talking to China, but signs point to pull-out. Reuters: Arrow will reject a bid from Shell (RDS) and PetroChina (PTR) Reuters: A new JPMorgan (JPM) fund will invest in China and India. Reuters: T Rowe Price is in talks to buy a part of [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 15 Mar 2010 | 1:58 am UPDATE 1-French Connection sells Nicole Farhi; slims in U.S.* Sells Nicole Farhi to OpenGate Capital for up to 5 mln stgSource: RSS feed - channel BNewsBusiness | 15 Mar 2010 | 1:47 am UPDATE 1-French Connection sells Nicole Farhi; slims in U.S.* Sells Nicole Farhi to OpenGate Capital for up to 5 mln stgSource: RSS feed - channel BNewsBusiness | 15 Mar 2010 | 1:47 am Record decline in UK air travelThe UK's airports handled 7.4% fewer passengers last year, the biggest annual decline since records began 65 years ago, figures show.Source: BBC News | Business | World Edition | 15 Mar 2010 | 1:41 am China buying Argentine oil stakeChina National Offshore Oil Corporation is paying $3.1bn for a 50% stake in Argentine oil and gas group Bridas Corporation.Source: BBC News | Business | World Edition | 15 Mar 2010 | 1:26 am Currencies: Dollar rises against major rivals in Asian tradingThe dollar takes its cue from weaker Asia equities markets throughout most of the session.
Source: MarketWatch.com - Top Stories | 15 Mar 2010 | 1:25 am Bank of England warns of 'considerable uncertainty' over jobsConsumers put off from spending because of uncertainty over their jobs, says Bank of England.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 15 Mar 2010 | 1:21 am Stocks slip amid China, sovereign debt jitters (Reuters)
Source: Yahoo! News: Stock Markets News | 15 Mar 2010 | 1:20 am Can't afford an assistant? Consider a virtual oneDear Karen: I need help in my new business but can't afford an assistant. What are my options?Source: RSS feed - channel BNPaperBusiness | 15 Mar 2010 | 1:00 am Wacky business names in Los AngelesHammered Liquor's and Mr. T Meat Market's owners know that standing out gives their stores an edge. Offbeat, though, isn't always good -- or intentional. ...Source: RSS feed - channel BNPaperBusiness | 15 Mar 2010 | 1:00 am Ford's ubiquitous police car is getting pulled overThe Crown Victoria, which dominates the patrol car market, will be replaced by Ford's Police Interceptor next year. ...Source: RSS feed - channel BNPaperBusiness | 15 Mar 2010 | 1:00 am Tests on Prius cast doubt on Sikes' runaway-acceleration storyThe gasoline engine shut off when investigators pressed hard on the accelerator and brake pedal at the same time, according to a draft of a congressional memo.A federal probe into a Toyota Prius that took a wild ride on a San Diego County freeway last week is casting doubt on the driver's account of uncontrollable acceleration, a spokesman for a Southern California congressman said Sunday.
Source: L.A. Times - Business | 15 Mar 2010 | 1:00 am New York Stock Exchange bell takes celebrity turnCorporate meets entertainment at the opening and closing of each trading day. What better place to bring KISS and Dr Pepper together? ...Source: RSS feed - channel BNPaperBusiness | 15 Mar 2010 | 1:00 am Tests on Prius cast doubt on Sikes' runaway-acceleration storyThe gasoline engine shut off when investigators pressed hard on the accelerator and brake pedal at the same time, according to a draft of a congressional memo. ...Source: RSS feed - channel BNPaperBusiness | 15 Mar 2010 | 1:00 am U.S. pushing companies to go after global marketIncreasing exports is part of Obama's plan to aid jobs and the economy. Uncle Sam wants more of the nation's small-business...Source: RSS feed - channel BNPaperBusiness | 15 Mar 2010 | 1:00 am New York Stock Exchange bell takes celebrity turnCorporate meets entertainment at the opening and closing of each trading day. What better place to bring KISS and Dr Pepper together?KISS guitarist Paul Stanley fluffed his thick, shaggy hair as bassist Gene Simmons fidgeted in the background, their eyes looped in black makeup, faces painted chalky white. As the seconds counted down to 4 p.m., Stanley leaned on the green button in front of him.
Source: L.A. Times - Business | 15 Mar 2010 | 1:00 am Dodd expected to offer more modest financial reform legislationAmong the provisions that may be missing from the senator's proposed legislation is a stand-alone consumer agency. ...Source: RSS feed - channel BNPaperBusiness | 15 Mar 2010 | 1:00 am Immigrants are drawn to mid-size metro areasBetter job prospects and cheaper housing are the primary attractions, but the new arrivals are less likely to buy homes than in the largest U.S. cities, a study finds. ...Source: RSS feed - channel BNPaperBusiness | 15 Mar 2010 | 1:00 am Dodd expected to offer more modest financial reform legislationAmong the provisions that may be missing from the senator's proposed legislation is a stand-alone consumer agency.Legislation to be unveiled Monday by Senate Banking Committee Chairman Christopher J. Dodd to overhaul the financial regulatory system is likely to be more modest than either the Obama administration's proposal last summer or a plan Dodd pushed last fall.
Source: L.A. Times - Business | 15 Mar 2010 | 1:00 am Comcast Entertainment Group to stay in Miracle Mile buildingThe broadcaster will keep renting nearly five floors in the Wilshire Courtyard complex. The deal, worth an estimated $130 million, is one of the largest office leases of 2010 in Southern California. ...Source: RSS feed - channel BNPaperBusiness | 15 Mar 2010 | 1:00 am Immigrants are drawn to mid-size metro areasBetter job prospects and cheaper housing are the primary attractions, but the new arrivals are less likely to buy homes than in the largest U.S. cities, a study finds.Recently arrived immigrants flocked to smaller metropolitan areas during the first half of the last decade, lured by less competition for jobs and cheaper housing, but they were not as likely to buy homes in such places, according to a study expected to be released Monday.
Source: L.A. Times - Business | 15 Mar 2010 | 1:00 am Ford's ubiquitous police car is getting pulled overThe Crown Victoria, which dominates the patrol car market, will be replaced by Ford's Police Interceptor next year.The Ford Crown Victoria police car, which for nearly three decades has been the star of high-speed chases and an unwelcome sight in rearview mirrors, is being phased out.
Source: L.A. Times - Business | 15 Mar 2010 | 1:00 am U.S. pushing companies to go after global marketIncreasing exports is part of Obama's plan to aid jobs and the economy.Uncle Sam wants more of the nation's small-business exporters to step up their international sales as part of an ambitious goal to double U.S. exports to $3 trillion within five years.
Source: L.A. Times - Business | 15 Mar 2010 | 1:00 am Can't afford an assistant? Consider a virtual oneDear Karen: I need help in my new business but can't afford an assistant. What are my options?
Source: L.A. Times - Business | 15 Mar 2010 | 1:00 am Wacky business names in Los AngelesHammered Liquor's and Mr. T Meat Market's owners know that standing out gives their stores an edge. Offbeat, though, isn't always good -- or intentional.When William Eskandari decided to change the name of his family-run liquor store in Glendale, he wanted something that would stand out from dozens of other, similar stores in town.
Source: L.A. Times - Business | 15 Mar 2010 | 1:00 am Internet fraud's U.S. price tag put at $550 millionThe figure doubled from 2008, with Americans falling prey to increasingly sophisticated scams.U.S. citizens reported losing more than $550 million in 2009 in Internet fraud, falling prey to a variety of increasingly sophisticated scams, according to a report by the Internet Crime Complaint Center.
Source: L.A. Times - Business | 15 Mar 2010 | 1:00 am Telecom shares lift market higherThe New Zealand sharemarket edged ahead 0.2 per cent today, with mixed movements among the big players.The benchmark NZX-50 index closed up 6.01 points to 3231.15, with Telecom down 2c at $2.21 but Fletcher Building up 3c at $8.18...Source: nzherald.co.nz - Business | 15 Mar 2010 | 12:57 am Australia tells Beijing to stay out of iron ore talksSYDNEY (Reuters) - China's steelmakers should not try draw their government into iron ore price talks with Australian miners, Australia's trade minister said on Monday, as the mills struggle to pin back soaring raw material prices.
Source: Reuters: Business News | 15 Mar 2010 | 12:41 am Arrow to reject Shell, PetroChina $3 billion bid: reportPERTH (Reuters) - Australia's Arrow Energy is set to reject as too low a $3 billion joint takeover offer from Royal Dutch Shell and PetroChina, a newspaper reported, a move that could prompt the bidders to return with a higher, hostile bid.
Source: Reuters: Business News | 15 Mar 2010 | 12:39 am NZ dollar drifts off after early liftThe New Zealand dollar drifted lower during the day after a morning spike on weekend media reports suggesting Eurozone members had worked out a bailout for Greece.The kiwi, which stood at US69.98c at 5pm on Friday, rose to about...Source: nzherald.co.nz - Business | 15 Mar 2010 | 12:33 am China clears Rio Tinto over collapse of Chinalco dealAn official Chinese investigation into the failed $19.5 billion merger between Chinalco and Rio Tinto casts a dramatic new light on the high-profile collapse, exonerating the Australian miner and blaming China's own dealmakers for political naivety.$ Source: Latest Business News from Times Online | 15 Mar 2010 | 12:07 am Peter Brimelow: Yuan ruckus doesn't stop China bullChina and Obama may be clashing on whether the yuan should be revalued, writes Peter Brimelow, but one stunningly successful China letter has turned bellowingly bullish anyway.
Source: MarketWatch.com - Top Stories | 14 Mar 2010 | 11:13 pm Too much 'hysteria' over mining conservation land - KeyThe prime minister says there has been too much "hysteria" in the media over the issue of mining in conservation areas.Speaking at a post-Cabinet news conference at the Beehive this afternoon, John Key said his message to the...Source: nzherald.co.nz - Business | 14 Mar 2010 | 10:29 pm Survey: Readers don't want to pay for news online (AP)
Source: Yahoo! News: Business News | 14 Mar 2010 | 10:10 pm Moody's: AAA-rated nations safe, but risks growThe credit ratings of the world's four largest AAA-rated sovereign nations are currently 'well positioned despite their stretched finances,' but risks have grown, a report from Moody's says.
Source: MarketWatch.com - Top Stories | 14 Mar 2010 | 10:10 pm 10 Things the College-Prep Industry Won't Tell You (10 Things)Consider these pitfalls before signing up Junior for SAT prep.
Source: SmartMoney.com | 14 Mar 2010 | 10:00 pm Is Now the Time to Buy a 3DTV? (Deal of the Day)The first sets are crazy expensive and there's not much to watch yet.
Source: SmartMoney.com | 14 Mar 2010 | 10:00 pm Picks From the King of Small CapsWhy Royce & Associates' Whitney George bets on small firms in tough times.
Source: SmartMoney.com | 14 Mar 2010 | 10:00 pm The Homeowner's Dilemma: Should I Rent?You don't want to sell at a loss. But renting your home might not make sense.
Source: SmartMoney.com | 14 Mar 2010 | 10:00 pm Japan Post bought US Treasuries in Oct-Dec: reportTOKYO (Reuters) - Japan Post Bank bought about 300 billion yen ($3.3 billion) in U.S. Treasuries in October-December, the first time it has purchased U.S. government debt since the start of its privatization process in October 2007, the Nikkei business daily said on Monday.
Source: Reuters: Business News | 14 Mar 2010 | 9:49 pm Talks start in Australia on Pacific trade dealCANBERRA (Reuters) - Officials from eight nations including the United States began talks on a transpacific trade deal on Monday in a move Australia said could add momentum to stalled World Trade Organization talks.
Source: Reuters: Business News | 14 Mar 2010 | 9:48 pm Talks start in Australia on Pacific trade deal (Reuters)
Source: Yahoo! News: Business News | 14 Mar 2010 | 9:45 pm Farm prices collapse 40pc in two years - dairy sales crash 78pcFarm prices and sales volumes have collapsed in the last two years as the withdrawal of easy bank lending has dried up farmers' appetites for capital gains, fresh figures show.The slump in the number of transactions is expected...Source: nzherald.co.nz - Business | 14 Mar 2010 | 9:30 pm Asian shares mostly down on China tightening fearsAsian stock markets are mostly lower, with shares in China and Hong Kong weighed down by lingering worries over fresh monetary tightening measures from Beijing.
Source: MarketWatch.com - Top Stories | 14 Mar 2010 | 9:29 pm JP Morgan fund invests in China, IndiaHONG KONG (Reuters) - JP Morgan Asset Management has invested almost a quarter of its $860 million Asian infrastructure fund in China and India assets, as part of efforts to complete investments in the next two years.
Source: Reuters: Business News | 14 Mar 2010 | 9:27 pm AIG holds back $21 million from FP unit payout: sourceNEW YORK (Reuters) - American International Group Inc is holding back $21 million from retention bonuses due by Monday to current and former employees of its Financial Products unit, a source familiar with the matter said.
Source: Reuters: Business News | 14 Mar 2010 | 9:15 pm Service sector keeps expanding in FebThe services sector continued to expand in February, but some indicators suggest the recovery could be reaching a plateau at a level insufficient for strong jobs growth.The BNZ - Business NZ performance of services index rose...Source: nzherald.co.nz - Business | 14 Mar 2010 | 9:00 pm Asset manager plans London listing of distressed debt fundLONDON (Reuters) - Asset manager Neuberger Berman, which once belonged to failed investment bank Lehman Brothers, plans a London listing for its first fund dedicated to distressed debt, according to the Financial Times.
Source: Reuters: Business News | 14 Mar 2010 | 8:56 pm Digg to get more personal, fasterThe popular news-sharing site Digg is getting an overhaul that will personalize results, dramatically expand content and, most importantly, make the site "wicked fast," according to its makers.Source: Business and financial news - CNNMoney.com | 14 Mar 2010 | 8:48 pm Jobs 'best incentive to bring Kiwis home'If it is true that you can take the boy out of a dairy farm in Taranaki but you cannot take the dairy farm out of the boy, then Andrew Keech is the living proof.Fresh from lunch at the Speight's Ale House, he bounced into an interview...Source: nzherald.co.nz - Business | 14 Mar 2010 | 8:30 pm The price of financial security: Who should fund the Securities Commission?The Securities Commission recently received an exceptional budget boost from the Minister of Commerce.Arguably, the impetus for the boost came from criticism levelled at regulators worldwide for being 'asleep at the wheel' before...Source: nzherald.co.nz - Business | 14 Mar 2010 | 8:00 pm Access Industries owner eyes MGM buyLen Blavatnik, the entrepreneur, has signalled his intention to combine his media investments with Metro-Goldwyn-Mayer, the Hollywood studio being sold by its lendersSource: Financial Times - US homepage | 14 Mar 2010 | 6:38 pm BYD posts record Q4 profit on robust salesSHANGHAI/HONG KONG (Reuters) - BYD Co, the Chinese car and battery maker backed by U.S. billionaire Warren Buffett, posted a forecast-beating fourth-quarter result on Sunday, as Beijing's policy initiatives boosted demand in the world's largest car market.
Source: Reuters: Business News | 14 Mar 2010 | 6:29 pm Further Lehmans revelations blocked by BarclaysFurther damaging revelations about the collapse of Lehman Brothers are being held up in the US courts by Barclays. Source: Latest Business News from Times Online | 14 Mar 2010 | 6:01 pm We climate scientists are not ecofanaticsIn the UK only about 26 per cent of the population believe the scientific consensus that climate change is happening and is man-made. Many feel they are being steamrollered into believing something false or flakey that will make them poorer or stop them flying. Source: Latest Business News from Times Online | 14 Mar 2010 | 6:01 pm Building on a Japanese crisisJapan’s vast confidence that its companies had perfected the route to the future lingered for years after 1992, when the Great Bubble burst. While an investment analyst for Kleinwort Benson as-was, on a mission to Tokyo to recommend British printing and media stocks, I remember standing at the hotel window, 20 or so floors up, looking across the skyline at the neon logos of the world-beating giants of Japanese industry and seriously considering getting straight back on the plane home. Source: Latest Business News from Times Online | 14 Mar 2010 | 6:01 pm TalkTalk to drop PCs and switch staff to AppleBritain’s second-largest residential broadband provider is preparing to switch its entire workforce to Apple laptops. Source: Latest Business News from Times Online | 14 Mar 2010 | 6:01 pm Opec fears losing its grip as Iraqi oil output surgesOpec fears that its grip on the global supply of oil is being threatened by the rising output of Iraq’s oilfields and the prospect of billions of dollars of multinational investment in the world’s leading untapped oil resource. Source: Latest Business News from Times Online | 14 Mar 2010 | 6:01 pm Gatwick staff told to reapply for jobsThe new owner of Gatwick has told 120 staff that they could lose their jobs as the airport looks to continue its shake-up of executives and distance itself from the management practices of the previous owner BAA. Source: Latest Business News from Times Online | 14 Mar 2010 | 6:01 pm Call for lighter tax regimeIt is as familiar a springtime ritual as the Cheltenham Festival and gridlocked Easter traffic, but this year the tobacco industry is hoping that its annual appeal for leniency from the Chancellor in his Budget may, for once, not fall on deaf ears. Source: Latest Business News from Times Online | 14 Mar 2010 | 6:01 pm Rating agency warns on US public financesMoody’s Investor Service, the credit rating agency, will fire a warning shot at the US, saying that unless the country gets public finances into better shape than the Obama administration projects there would be ‘downward pressure’ on its triple A credit rating.Source: Financial Times - US homepage | 14 Mar 2010 | 6:00 pm Too much wealth can make us worse off: studyNational belt-tightening could be of more benefit to a country's sense of wellbeing than soaring wealth levels, a study has found.Complex economic formulas developed by two Canadian professors of economics, Curtis Eaton and Mukesh...Source: nzherald.co.nz - Business | 14 Mar 2010 | 6:00 pm BarCap looks to ‘partners’ modelBarclays rapidly-drowing investment arm is looking to recreate the partnership models of Goldman Sachs and LazardSource: Financial Times - US homepage | 14 Mar 2010 | 5:11 pm Big thinkers impress entrepreneurA culture of entrepreneurism is vital for New Zealand's future prosperity, says the former 80s high-flyer behind a business funding competition.Retired businessman Charles Bidwill last week visited the three growing companies...Source: nzherald.co.nz - Business | 14 Mar 2010 | 5:00 pm Ineos could hive off assets after talks with Middle Eastern investorsIneos, the chemicals giant, is understood to be in talks with Middle Eastern investors that could lead to the company hiving off assets.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 14 Mar 2010 | 4:58 pm Vedanta Resources plans to spin off $20bn aluminium divisionVedanta Resources, the mining group, could become the latest FTSE company to push for a demerger after property giant Liberty International unveiled plans last week to demerge into two businesses.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 14 Mar 2010 | 4:58 pm BAE urges Government rethink on £4bn arms contract by unveiling jobs packageDefence company offers jobs package in bid to secure British armoured vehicle contract.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 14 Mar 2010 | 4:57 pm KKR and Warner Music talk over break-up bid for EMIPrivate equity firm KKR is reported to have held early stage discussions with Warner Music about a break-up bid for EMI.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 14 Mar 2010 | 4:57 pm Lehman report casts auditors in poor lightClaims about Ernst & Young’s part in the collapse of Lehman Brothers has brought the auditing profession under uncomfortable scrutinySource: Financial Times - US homepage | 14 Mar 2010 | 4:50 pm Tests didn't recreate sticky gas pedal on PriusTesting a Toyota Prius after its owner claimed its gas pedal stuck, technicians were unable to recreate the same condition, according to a draft congressional memo obtained Sunday by CNN.Source: Business and financial news - CNNMoney.com | 14 Mar 2010 | 4:34 pm Flat start for NZ sharesThe New Zealand sharemarket opened the week flat, with major stocks Telecom and Fletcher Building unchanged in early trading.Around 10.15am the benchmark NZX-50 index was up 0.19 points to 3225.33, with Telecom on $2.23 and Fletcher...Source: nzherald.co.nz - Business | 14 Mar 2010 | 4:33 pm EU finance ministers to try to agree on multi-billion euro Greece aid packageEurozone finance ministers seek to find €25bn stop gap to give Greece more time if it struggles to sell bonds.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 14 Mar 2010 | 4:28 pm Blacks Leisure suppliers threaten boycott if Mike Ashley buys retailerSuppliers to Blacks Leisure have threatened to boycott the outdoor and camping equipment retailer if Mike Ashley, founder of Sports Direct, seizes control of the chain.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 14 Mar 2010 | 4:28 pm Lagarde criticises Berlin policyGermany’s trade surpluses built on holding down labour costs may be unsustainable for the other countries in the eurozone, France’s finance minister said in an unusually blunt warning to BerlinSource: Financial Times - US homepage | 14 Mar 2010 | 4:03 pm US mall bidders eye SWF supportThe rival bidders for General Growth Properties, the bankrupt owner of some of the most high-profile shopping malls in the US, are seeking financial support from sovereign wealth funds in the Middle East and Asia, according to people familiar with the matterSource: Financial Times - US homepage | 14 Mar 2010 | 4:00 pm Investors turn attention to Fed meeting (AP)
Source: Yahoo! News: Stock Markets News | 14 Mar 2010 | 3:06 pm 'Green Zone' marks a disappointing end to Hollywood's time in Iraq"Green Zone" is the last drama set to be released by a major studio related to the Iraq war, and Hollywood is undoubtedly grateful for it after the picture, directed by Paul Greengrass and starring Matt Damon, opened to just $14.5 million domestically and $9.7 million overseas.
Source: L.A. Times - Business | 14 Mar 2010 | 2:24 pm Dodd set for finance reform bill pushChris Dodd, US Senate banking committee chairman, is due to shrug off Republican opposition and introduce a financial regulatory reform bill on Monday designed to bring landmark reforms a step closerSource: Financial Times - US homepage | 14 Mar 2010 | 2:08 pm Is the Fed blowing bubbles?Is the Federal Reserve forever blowing bubbles?Source: Business and financial news - CNNMoney.com | 14 Mar 2010 | 1:25 pm South European corporate issues surgeCorporate bond markets had one of their busiest week in six months as companies in southern Europe joined the rush to issue corporate debt although the Greek debt crisis drew higher interest rates.Source: Financial Times - US homepage | 14 Mar 2010 | 1:10 pm The $21 million iPadSource: Business and financial news - CNNMoney.com | 14 Mar 2010 | 11:28 am Data, Fed to test if rally has legs (Reuters)Reuters - Investors will try to tack another leg on to the year-long U.S. stock rally, looking to this week's economic data and statement from the central bank for evidence the recovery is still on track.Source: Yahoo! News: Stock Markets News | 14 Mar 2010 | 10:58 am Retail Rumor Watch: SuperValu versus GameStop (SVU, GME)When was the last time you kept a retailer buyout rumor on a watch list? Or two retailers for that matter? Friday’s trading was mixed with two buyout rumors in the retail segment. GameStop Corp. (NYSE: GME) and SuperValu Inc. (NYSE: SVU). The issue at hand is if private equity is back to making deals. [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 14 Mar 2010 | 10:25 am Print baronA start-up that lets anyone make their own newspaperSource: BBC News | Business | World Edition | 14 Mar 2010 | 10:14 am Market abuse 'unacceptably high'Market abuse in the UK's financial services sector is "unacceptably high", says the head of the City watchdog.Source: BBC News | Business | World Edition | 14 Mar 2010 | 7:53 am The Unusual Suspects (AMLN, LLY, ALKS, ESLR, ENER, DPS, ATHN, SQNM, ABK, NKE, FDX, GME, COMS, PALM)This week we have several issues to watch. Earnings season is mostly done but there are still many on deck in this week’s unusual suspects. Amylin Pharmaceuticals, Inc. (NASDAQ: AMLN), Eli Lilly & Co. (NYSE: LLY) and Alkermes, Inc. (NASDAQ: ALKS) are still in the ‘pending’ status for FDA. Evergreen Solar (NASDAQ: ESLR), Energy Conversion [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 14 Mar 2010 | 6:41 am China Premier Warns Of Double Dip RecessionMany economists in the West have said they fear a double dip recession which would most likely be fueled by high unemployment and that this joblessness will dampen consumer consumption which is about two-thirds of GDP. Most experts expect the economy in the US, UK, and EU to slow considerably in the current quarter compared to the fourth [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 14 Mar 2010 | 5:39 am US bank regulation bill expectedA new bill to tighten regulation of US banks is due to be unveiled, but it may struggle to get backing in the Senate.Source: BBC News | Business | World Edition | 14 Mar 2010 | 5:13 am Stock market dips 'linked to heart attack surge' (AFP)
Source: Yahoo! News: Stock Markets News | 14 Mar 2010 | 3:36 am
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