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Rio staff admit to taking bribes in ChinaStern Hu, miner’s executive iron ore salesman in the country, admitted to taking bribes as his closely-watched trial began in the Shanghai People’s Court nine months after he and three associates were put in detention.Source: Financial Times - US homepage | 22 Mar 2010 | 4:20 am EU presidency wants Greek aid decision at summit (AFP)
Source: Yahoo! News: Business News | 22 Mar 2010 | 4:18 am IMF calls for more Asian infrastructure (AFP)
Source: Yahoo! News: Business News | 22 Mar 2010 | 4:12 am House sends health care overhaul bill to Obama (AP)
Source: Yahoo! News: Business News | 22 Mar 2010 | 4:11 am Barroso challenges Merkel on Greek aidBERLIN (Reuters) - The president of the European Commission challenged German Chancellor Angela Merkel to rise above domestic politics and agree on a financial safety net for debt-stricken Greece to help preserve European monetary union.
Source: Reuters: Business News | 22 Mar 2010 | 4:10 am Toyota Shareholders Sue Over Falling Stock PriceToyota (TM) is already facing product liability suits over defects in its recalled cars. The settlement to people who claim injury could hit $5 billion according to several industry experts. But, liability suits are not the only fight the Japanese car company will face. Shareholders have begun to sue the firm over the drop in Toyota’s [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 22 Mar 2010 | 4:09 am Stocks set to retreat at openU.S. stocks were poised to open significantly lower Monday following the House vote to approve health care reform.Source: Business and financial news - CNNMoney.com | 22 Mar 2010 | 4:07 am Oil prices lower in Asian trade (AFP)
Source: Yahoo! News: Business News | 22 Mar 2010 | 4:07 am iPad: 190,000 pre-ordersSource: Business and financial news - CNNMoney.com | 22 Mar 2010 | 4:03 am Car Sales To Have Huge Surge In March But At Big Cost To FirmsEdmunds reports that incentives have increased the public’s “intent to purchase” Toyota’s by 40% in March. That may help the Japanese car company some, but its competitors have rolled out incentives as well. Car sales should hit 13.2 million this month, up from February’s 10.8 million. That is the highest level in nearly three years. Toyota will [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 22 Mar 2010 | 3:59 am Enough about the yuan alreadyA currency clash makes for compelling drama, but the United States and China have more pressing problems -- including how to mop up stimulus spending and plot a course for more sustainable growth.Source: Business and financial news - CNNMoney.com | 22 Mar 2010 | 3:59 am My new business partner: My wifeBob McLeod had mastered the corporate ladder at Lithonia Lighting: 23 years and eight positions after starting as a credit assistant, he was regional sales VP and says he oversaw 14 states and $300 million in revenue. But when a 2004 management shakeup meant he'd be demoted, he took a severance package.Source: Business and financial news - CNNMoney.com | 22 Mar 2010 | 3:52 am Monetary tightening fears weigh on investorsGlobal Markets Overview: FTSE All-World index falls as worries over the Greek debt crisis and the fallout from India’s surprise rate rise lead to fears that tighter policy could damage world economySource: Financial Times - US homepage | 22 Mar 2010 | 3:46 am Three Rio accused plead guilty on bribery: lawyerSHANGHAI (Reuters) - Three of the four Rio executives on trial in Shanghai pleaded guilty to taking bribes, including the Australian national Stern Hu, a lawyer for one of the accused said on Monday.
Source: Reuters: Business News | 22 Mar 2010 | 3:44 am Alitalia cancels flights before airport strike (AP)AP - Italy's national carrier Alitalia said it had canceled or delayed flights across the country because of a four-hour strike Monday by pilots, flight attendants and baggage handlers.Source: Yahoo! News: Business News | 22 Mar 2010 | 3:40 am Alitalia cancels flights before airport strikeItaly's national carrier Alitalia said it had canceled or delayed flights across the country because of a four-hour strike Monday by pilots, flight attendants and baggage handlers. ...Source: RSS feed - channel BNewsBusiness | 22 Mar 2010 | 3:38 am 4G Or Not 4G, That Is The QuestionSprint (S) is gambling nearly its entire future on a 4G WiMax network that it is installing around the country. The massive infrastructure project has the financial support of several large firms including Intel (INTC), which plan to profit from the new technology. Small 4G company Clearwire (CLWR) is providing much of the “science” behind the [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 22 Mar 2010 | 3:36 am Brown pledges universal super-fast broadbandGordon Brown set out plans today to ensure super-fast broadband for every home in a move that he claims could slash billions of pounds from public service costs and create more than 250,000 jobs. Source: Latest Business News from Times Online | 22 Mar 2010 | 3:36 am Legg Mason's Miller: healthcare stocks to outperformHONG KONG (Reuters) - Cheap U.S. healthcare stocks should perform well in the next few months now that legislative uncertainty about reform in the sector has been removed, said Legg Mason Inc fund manager Bill Miller.
Source: Reuters: Business News | 22 Mar 2010 | 3:35 am BA facing busiest day of strikeThousands more British Airways passengers are facing disruption as the cabin crew strike enters its third and busiest day.Source: BBC News | Business | World Edition | 22 Mar 2010 | 3:32 am Google faces court challengeTomorrow morning the European Court of Justice in Luxembourg is expected to decide whether Google, and, by inference, other search engines, can continue to auction off other companies' trademarks for use as search "keywords" in connection with their sponsored advertising programs.Source: Business and financial news - CNNMoney.com | 22 Mar 2010 | 3:30 am Wolseley readies 19 businesses for saleWolseley, the world's biggest plumbing goods distributor, is ready to offload 19 of its 41 operating businesses after deciding that they are non-core. Source: Latest Business News from Times Online | 22 Mar 2010 | 3:29 am US firms 'feel unwanted' in ChinaMany US firms feel increasingly unwelcome in China, according to an American Chamber of Commerce in China survey.Source: BBC News | Business | World Edition | 22 Mar 2010 | 3:26 am Icap to exit full-service cash equities business, 114 jobs at riskIcap, the interdealer broker, is ending its full-service cash equities business in Europe and Asia in a move that will cost £51m and threatens 114 jobs.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 22 Mar 2010 | 3:24 am Pepsi Cut The Sugar, And Now It Cuts The SaltRecently, Kraft (KFT) made a great public relations noise about its plans to cut the salt levels in its foods distributed in North America by 10% over a two-year period. Not to be bested, PepsiCo (PEP) will lower sodium, sugar, and saturated fats in many of its top-selling products. Pepsi plans to cut sodium in its foods from 2006 [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 22 Mar 2010 | 3:20 am Stock futures signal losses; eyes on pharmas(Reuters) - Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.52 percent, Dow Jones futures down 0.38 percent and Nasdaq 100 futures down 0.47 percent.
Source: Reuters: Business News | 22 Mar 2010 | 3:19 am Stock futures signal losses; eyes on pharmas (Reuters)
Source: Yahoo! News: Stock Markets News | 22 Mar 2010 | 3:19 am Rio Tinto trial opens in ShanghaiFour employees of mining group Rio Tinto go on trial in China in a bribery case which has sparked foreign business fears.Source: BBC News | Business | World Edition | 22 Mar 2010 | 3:16 am World stocks drop as Greek debt, India hike weigh (AP)
Source: Yahoo! News: Business News | 22 Mar 2010 | 3:07 am World stocks drop as Greek debt, India hike weigh (AP)
Source: Yahoo! News: Stock Markets News | 22 Mar 2010 | 3:07 am World stocks drop as Greek debt, India hike weighGlobal stock markets fell Monday as worries about Greece's debt crisis and India's sudden interest rate hike rattled investors. Major Asian indexes were down as much as 2 percent and...Source: RSS feed - channel BNewsBusiness | 22 Mar 2010 | 3:07 am Indications: U.S. stock futures point to weaker startU.S. stock futures point to a weaker start Monday with the insurance and pharmaceutical sectors in the spotlight as the House of Representatives passes a health reform bill, while continued jitters around Greek finances and India’s rate tightening also play a role.
Source: MarketWatch.com - Top Stories | 22 Mar 2010 | 3:05 am London Markets: Miners, oil producers drag in weak FTSE 100 indexIndia’s recent rate hike exacerbates worries about future demand for metals.
Source: MarketWatch.com - Top Stories | 22 Mar 2010 | 3:03 am Futures Movers: Oil prices drop below $80-barrel, extending lossesOil futures decline for a third session on Monday, as traders worry that potential increases in global interest rates will weigh on the economic recovery and energy demand.
Source: MarketWatch.com - Top Stories | 22 Mar 2010 | 3:01 am UK industry group sees 2010 growth as sluggishEconomic recovery in Britain will be sluggish through the middle of next year as lending remains tight and both the government and the private sector look to pay off debt, the ConfederationSource: RSS feed - channel BNewsBusiness | 22 Mar 2010 | 2:59 am Arrow succumbs to £2.1 billion Shell bidArrow Energy agreed this morning to a A$3.4 billion ($£2.1 billion) joint takeover bid from Royal Dutch Shell and PetroChina after the pair raised their offer for the Australian gas producer. Source: Latest Business News from Times Online | 22 Mar 2010 | 2:56 am Retirement on hold for hard-up workersNearly one in 10 people have been forced to delay their retirement by a financial emergency, a survey has found.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 22 Mar 2010 | 2:55 am Greek aid uncertainty to make for volatile euroUncertainty over a European Union aid package for Greece is set to make for volatile trading in the euro this week.
Source: MarketWatch.com - Top Stories | 22 Mar 2010 | 2:55 am Recession: households £17,000 worse offA combination of house price and stock market falls has reduced the value of the average household's assets by £17,480.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 22 Mar 2010 | 2:53 am Foreign banks ready for U.S. invasionThe long-anticipated wave of mergers in the banking sector could soon be upon us. The buyers, however, may not be from the United States.Source: Business and financial news - CNNMoney.com | 22 Mar 2010 | 2:49 am FTSE 100 shares fall at open (AFP)
Source: Yahoo! News: Stock Markets News | 22 Mar 2010 | 2:48 am Credit Suisse reportedly restricts German travelCredit Suisse imposes severe restrictions on private banking employees traveling to Germany amid worries they could be detained as part of a probe into tax evasion.
Source: MarketWatch.com - Top Stories | 22 Mar 2010 | 2:46 am What health care reform means for your businessThe sweeping health-care bill passed by the House of Representatives Sunday, and now headed for President Obama's desk, promises a sea change in the way that small business owners purchase and provide health insurance for themselves and their employees.Source: Business and financial news - CNNMoney.com | 22 Mar 2010 | 2:43 am Germany to introduce bank levyThe German government plans to introduce a levy on banks to ensure that they pay for the costs of any future crises. Volker Kauder, the parliamentary leader of Chancellor Angela Merkel'sSource: RSS feed - channel BNewsBusiness | 22 Mar 2010 | 2:19 am Asian markets fall as India rate hike weighsMost Asian markets decline Monday as a surprise rate increase in India on Friday raises fears that monetary tightening by other regional central banks may be close at hand.
Source: MarketWatch.com - Top Stories | 22 Mar 2010 | 2:18 am Obama achieves health law success that eluded past (AP)
Source: Yahoo! News: Business News | 22 Mar 2010 | 2:14 am Matt's Budget cartoons since Labour came to powerMatt's interpretation of Budget measures since Labour came to power.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 22 Mar 2010 | 2:12 am House sends health care overhaul bill to ObamaA transformative health care bill is headed to President Barack Obama for his signature. On the cusp of succeeding where numerous past congresses and administrations have failed,...Source: RSS feed - channel BNewsBusiness | 22 Mar 2010 | 2:10 am Budget headlines since Labour came to powerBudget headlines in The Daily Telegraph since Labour came to powerSource: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 22 Mar 2010 | 2:07 am Shell and PetroChina up Arrow bidRoyal Dutch Shell and PetroChina have an improved $4.3bn offer for Australia's Arrow Energy accepted.Source: BBC News | Business | World Edition | 22 Mar 2010 | 1:59 am Russia firm "will not bid" on U.S. air tanker dealMOSCOW (Reuters) - Russia's state-run United Aviation Corporation (UAC) does not plan to bid for a $50 billion contract to replace the U.S. Air Force fleet of air tankers, a company source told Reuters on Monday.
Source: Reuters: Business News | 22 Mar 2010 | 1:58 am German exports to China up 7 pct in 2009German data show that the country's exports to China rose by 7 percent last year despite an overall decline that saw it lose its status as the world's biggest exporter to the rising Asian...Source: RSS feed - channel BNewsBusiness | 22 Mar 2010 | 1:58 am Media Digest: 3/22/2010 Reuters, WSJ, NYTimes, FT, BloombergReuters: The Obama health care bill passed the House and Senate. Reuters: The Senate will begin a fight on financial reform Reuters: Arrow agreed to a buyout from Shell (RDS.A) and PetroChina (PTR). Reuters: Employer health care costs rose 7.3% in 2009. Reuters: The public is paying more attention to corporate ethics. Reuters: Ebay (EBAY) and NRF will take on issues [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 22 Mar 2010 | 1:56 am Icap to axe 114 staff in cash equities closureIcap, the interdealer broker run by Michael Spencer, the Conservative Party treasurer, is closing down the bulk of its unprofitable cash equities broking business at a cost of up to £51 million and the loss of 114 traders and analysts. Source: Latest Business News from Times Online | 22 Mar 2010 | 1:56 am Pepsico plans 25pc cut of salt content in its productsPepsiCo will today announce plans to cut the levels of salt, sugar and saturated fats in its products, according to reports.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 22 Mar 2010 | 1:53 am Arrow bows to $3.1 billion bid from Shell, PetrochinaMELBOURNE (Reuters) - Arrow Energy Ltd agreed to sell its Australian coal-seam gas assets to Royal Dutch Shell and PetroChina for a sweetened $3.1 billion, giving resource-hungry China its first bite of Australia's burgeoning coal-seam gas industry.
Source: Reuters: Business News | 22 Mar 2010 | 1:52 am Europe Markets: European shares down for third straight sessionEuropean shares traded lower on Monday, declining for the third straight session, with Sanofi-Aventis and Icap under pressure.
Source: MarketWatch.com - Top Stories | 22 Mar 2010 | 1:49 am Arrow Energy accepts raised offer from Shell, PetroChinaArrow Energy agrees to a raised A$3.4bn (£2bn) takeover offer from Royal Dutch Shell and PetroChina for most of its assets.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 22 Mar 2010 | 1:46 am Warning of 'sluggish' UK recoveryEconomists at the CBI and Ernst & Young ITEM Club warn of a "sluggish" recovery in the UK economy this year.Source: BBC News | Business | World Edition | 22 Mar 2010 | 1:34 am Bank levy 'flawed and may add risk to system'Proposed banking tax raises more questions than it answers, writes Edmund ConwaySource: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 22 Mar 2010 | 1:32 am Google set to announce China site closureGoogle could announce as early as Monday the closure of its Chinese search engine and the future of its Chinese operations, according to a person familiar with the situationSource: Financial Times - US homepage | 22 Mar 2010 | 1:29 am Fears of higher UK inflation and interest rates hit 10-year highMarkets are more worried about the prospect of inflation and rising interest rates than they have been for the past decade.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 22 Mar 2010 | 1:24 am National Insurance hike 'will damage UK'Labour's plan to raise National Insurance Contributions from next year, which Alistair Darling is set to confirm this week, will cause permanent damage to Britain's economy, a new study has claimed.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 22 Mar 2010 | 1:20 am UPDATE 1-Polish PGNiG 2009 net up 39 pct, above forecastWARSAW, March 22 (Reuters) - Polish gas monopoly PGNiG reported a 39 percent rise in 2009 net profit on Monday, beating analyst expectations thanks to lower import prices in the fourth quarter.Source: RSS feed - channel BNewsBusiness | 22 Mar 2010 | 1:12 am As farmers move from cotton to corn, jobs are lostJobs are being lost and rural economies are suffering as farmers in some parts of the U.S. switch from growing cotton to corn. Economists estimate for every three jobs needed to produce...Source: RSS feed - channel BNewsBusiness | 22 Mar 2010 | 1:12 am Australian shares: Low finish amid broad declinesThe Australian stock market has closed lower with declines across all industry sectors as investors reacted to a weak finish on overseas markets on Friday.At 1615 AEDT, the benchmark S&P/ASX200 index was down 42 points, or 0.87...Source: nzherald.co.nz - Business | 22 Mar 2010 | 1:11 am UPDATE 1-PBG meets raised guidance with stadium boost* Operating profit at 286.5 mln zlotys, below forecastsSource: RSS feed - channel BNewsBusiness | 22 Mar 2010 | 1:10 am Continental ending free meal ticket on most U.S. flightsCoach passengers on domestic trips less than six hours long will have to pay. Also, some airlines are cutting back on service at smaller regional airports. ...Source: RSS feed - channel BNPaperBusiness | 22 Mar 2010 | 1:00 am Continental ending free meal ticket on most U.S. flightsCoach passengers on domestic trips less than six hours long will have to pay. Also, some airlines are cutting back on service at smaller regional airports.It's the end of the free lunch. And breakfast and dinner.
Source: L.A. Times - Business | 22 Mar 2010 | 1:00 am Effects of health overhaul will take time to become clearRising costs facing insurers could cut into increases they see in revenue as more Americans are covered. For patients, much is unclear.Giant health insurers could see revenue jump under Washington's new health overhaul that will require millions of additional customers to sign up for coverage in the coming years.
Source: L.A. Times - Business | 22 Mar 2010 | 1:00 am Hiring a collection agency? Research it firstAlso: How to respond to a tax audit, and how long to keep financial records Dear Karen: How do I choose a collection service for my unpaid...Source: RSS feed - channel BNPaperBusiness | 22 Mar 2010 | 1:00 am The week ahead at a glanceTODAYSource: RSS feed - channel BNPaperBusiness | 22 Mar 2010 | 1:00 am Stock market doesn't fear housing reportsIn recent months, traders have shrugged off some ugly figures. The reason: Steadying home prices are good enough for now. ...Source: RSS feed - channel BNPaperBusiness | 22 Mar 2010 | 1:00 am The week ahead at a glanceTODAY
Source: L.A. Times - Business | 22 Mar 2010 | 1:00 am Chevron is putting solar technologies to the testThe oil giant is checking out possible candidates to power its global operations. To gauge performance, an 8-acre site near Bakersfield has been filled with 7,700 solar panels from seven firms. ...Source: RSS feed - channel BNPaperBusiness | 22 Mar 2010 | 1:00 am Effects of health overhaul will take time to become clearRising costs facing insurers could cut into increases they see in revenue as more Americans are covered. For patients, much is unclear. ...Source: RSS feed - channel BNPaperBusiness | 22 Mar 2010 | 1:00 am Chevron is putting solar technologies to the testThe oil giant is checking out possible candidates to power its global operations. To gauge performance, an 8-acre site near Bakersfield has been filled with 7,700 solar panels from seven firms.On a dirt plot near Bakersfield where a massive refinery once churned out gasoline and asphalt, one of the world's largest oil companies is looking for something more green.
Source: L.A. Times - Business | 22 Mar 2010 | 1:00 am A source of assistance for entrepreneurs needs some helpThree dozen small-business development centers in California are threatened by budget cuts and scrambling to find new funding sources. ...Source: RSS feed - channel BNPaperBusiness | 22 Mar 2010 | 1:00 am Frost & Sullivan Reports 140 % Growth in Eastern Europe, Russia and the CIS in 2009Source: RSS feed - channel BNewsBusiness | 22 Mar 2010 | 1:00 am Teen party business is still heartyAt an expo in Culver City, there's ample proof that parents aren't pinching pennies when it comes to throwing quinceaeras, Sweet 16 parties, bar mitzvahs and coming-out bashes. ...Source: RSS feed - channel BNPaperBusiness | 22 Mar 2010 | 1:00 am Hiring a collection agency? Research it firstAlso: How to respond to a tax audit, and how long to keep financial recordsDear Karen: How do I choose a collection service for my unpaid invoices?
Source: L.A. Times - Business | 22 Mar 2010 | 1:00 am Stock market doesn't fear housing reportsIn recent months, traders have shrugged off some ugly figures. The reason: Steadying home prices are good enough for now.The housing market is still in bad shape, but investors don't seem to mind.
Source: L.A. Times - Business | 22 Mar 2010 | 1:00 am Teen party business is still heartyAt an expo in Culver City, there's ample proof that parents aren't pinching pennies when it comes to throwing quinceañeras, Sweet 16 parties, bar mitzvahs and coming-out bashes.The country is still trying to crawl out of a deep recession, but some families still want to party like it's 1999.
Source: L.A. Times - Business | 22 Mar 2010 | 1:00 am A source of assistance for entrepreneurs needs some helpThree dozen small-business development centers in California are threatened by budget cuts and scrambling to find new funding sources.Linda Ikeda started her energy-bar business in Long Beach two years ago, hand-mixing, baking and packaging the oat, spice and fruit blends for her Jumpstarter Bodyfuel snacks.
Source: L.A. Times - Business | 22 Mar 2010 | 1:00 am Marsh on Monday: China and Germany: uneasy parallelsAs recent events in international financial markets demonstrate, there are striking monetary parallels between China and Germany, writes David Marsh.
Source: MarketWatch.com - Top Stories | 22 Mar 2010 | 12:56 am Fran O'Sullivan: Green image not at stake in mining plansYou could hardly blame Economic Development Minister Gerry Brownlee for wanting to open up some 7000 hectares of conservation land for mining on areas ranging from Coromandel, Paparoa National Park on the West Coast, and parts of...Source: nzherald.co.nz - Business | 22 Mar 2010 | 12:37 am NZ shares: Telecom rallies off lowThe New Zealand sharemarket managed a small rally today when other markets were weak mostly due to strength in Telecom and Fletcher Building.The benchmark NZX-50 index closed up 2.895 points, or 0.09 per cent, at 3233.299. Turnover...Source: nzherald.co.nz - Business | 22 Mar 2010 | 12:28 am Vital Signs: What health reform means for youNo more worrying about lifetime limits on health coverage, about whether your insurer will dump you when you get sick, or about whether your adult child will be booted off your plan when he turns 18.
Source: MarketWatch.com - Top Stories | 22 Mar 2010 | 12:22 am NZ dollar trades in range at lower levelThe New Zealand dollar traded in a fairly narrow range today after falling away during the weekend on worries about the global outlook.By 5pm the NZ dollar was at US70.55c, little changed from the US70.83c at 8am, which was down...Source: nzherald.co.nz - Business | 22 Mar 2010 | 12:01 am TaxWatch: What to do if you can't pay your taxesIf you're stuck with a tax bill this year, rather than your usual refund, you're not alone. This year and next, more than 15 million taxpayers may find they unexpectedly owe Uncle Sam because they received more of the Making Work Pay tax credit than they were entitled to. Here are some tips on what to do now.
Source: MarketWatch.com - Top Stories | 21 Mar 2010 | 11:46 pm Rio Tinto executive to plead guilty to taking bribesThe Rio Tinto executive Stern Hu has indicated that he will plead guilty today to taking bribes as he faces a court in Shanghai on charges of industrial espionage and bribery. Source: Latest Business News from Times Online | 21 Mar 2010 | 10:27 pm Student loans: Uncle Sam gains dominant roleThe House voted 220-211 on Sunday to make Washington the one-stop-shop for cheap student loans and to boost funding for need-based scholarships.Source: Business and financial news - CNNMoney.com | 21 Mar 2010 | 10:11 pm Counting to $940 billionCongress passes sweeping change in health care. The latest estimates say it will be fully paid for. Here's a look at how.Source: Business and financial news - CNNMoney.com | 21 Mar 2010 | 10:09 pm Mining plans could boost jobs - Business NZThe Government is proposing to open up more than 7000 hectares of conservation land for mining on Coromandel, and Paparoa National Park on the West Coast.Other areas, including parts of Northland and Rakiura National Park on Stewart...Source: nzherald.co.nz - Business | 21 Mar 2010 | 10:02 pm House Call: To Buy or Not to BuyTime is running out on the federal tax credit. Should you let it?
Source: SmartMoney.com | 21 Mar 2010 | 10:00 pm A New Star in the Bond MarketInvestors looking for safe returns have turned to short-term bond funds.
Source: SmartMoney.com | 21 Mar 2010 | 10:00 pm 10 Things Car-Leasing Companies Won't Say (10 Things)Car leasing can be accompanied by many fees and few protections.
Source: SmartMoney.com | 21 Mar 2010 | 10:00 pm Toyota shareholders sue over fallen stock price (AP)
Source: Yahoo! News: Business News | 21 Mar 2010 | 9:41 pm House passes Democratic changes to health bill (AP)
Source: Yahoo! News: Business News | 21 Mar 2010 | 9:40 pm House backs Obama's bid to revamp student loans (Reuters)Reuters - The Democratic-led House of Representatives on Sunday approved President Barack Obama's bid to implement what would be the biggest overhaul in decades of the federal student loan program.Source: Yahoo! News: Business News | 21 Mar 2010 | 9:38 pm NZ Windfarms chief exec resignsNew Zealand Windfarms is losing its chief executive while carrying out a deeply discounted capital raising to remain solvent.The company said today that chief executive Steve Cross has advised that for personal reasons he does...Source: nzherald.co.nz - Business | 21 Mar 2010 | 9:00 pm Democrats win historic healthcare voteAfter more than a year of sweating blood, Barack Obama and his Democratic colleagues on Capitol Hill have emerged victorious with the enactment of the most significant piece of US domestic social reform in more than 40 years.Source: Financial Times - US homepage | 21 Mar 2010 | 8:46 pm Unemployment may still lag economic growth newsUnemployment rates will continue to lag for the next six months, despite forecast growth in GDP pointing to signs of an economic recovery, a leading economist says.The Reserve Bank has forecast a 0.6 per cent growth in GDP when...Source: nzherald.co.nz - Business | 21 Mar 2010 | 8:30 pm Rio Tinto spy trial begins in ChinaSHANGHAI - An Australian executive and three other employees of mining giant Rio Tinto have gone on trial on charges of stealing secrets and offering bribes in a case viewed as a barometer of China's handling of foreign business.China...Source: nzherald.co.nz - Business | 21 Mar 2010 | 8:00 pm BofA CEO Moynihan makes first trip to China: reportSINGAPORE (Reuters) - Bank of America Corp Chief Executive Brian Moynihan is making his first trip to China this week as the U.S. lender pushes to catch up with rivals in the world's fastest-growing economy, the Wall Street Journal reported, citing people familiar with the situation.
Source: Reuters: Business News | 21 Mar 2010 | 7:35 pm Dollar Outlook: Speeding economy may limit dipsThe New Zealand dollar may be supported this week by data expected to show the domestic economy grew at its fastest pace in two years, limiting the currency's dips below 70 U.S. cents.Five of seven economists and strategists in...Source: nzherald.co.nz - Business | 21 Mar 2010 | 7:00 pm Toyota shareholders sue over 'misleading' infoMIAMI - Toyota shareholders incensed over a sudden drop in the Japanese automaker's stock price are heading to court with lawsuits claiming company executives deliberately misled investors and the public about the depth of accelerator...Source: nzherald.co.nz - Business | 21 Mar 2010 | 7:00 pm No waterNestle boss spells out the biggest global threatSource: BBC News | Business | World Edition | 21 Mar 2010 | 6:26 pm 24/7 Wall St.’s Corporate Power Rankings (Week 11)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 change, 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. | 21 Mar 2010 | 6:12 pm Yuan in global FX reserves as soon as 2025: c.banker pollLONDON (Reuters) - China's yuan could become a reserve currency accounting for at least five percent of global foreign-exchange reserves as early as 2025, central bankers said in an annual global survey.
Source: Reuters: Business News | 21 Mar 2010 | 6:05 pm The $70 Billion A Year American Obesity TaxNo matter what legislation comes out of the frenzied health care debate, economists say that it will cost the American taxpayer a great deal. Estimates run the gamut from the Obama administration’s claim that it will be paid for by cuts on existing programs to the conservatives’ assertion that reform will cost us close to a [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 21 Mar 2010 | 6:03 pm Chancellor must find extra £10bn in savingsThe Chancellor must find another £10 billion in spending cuts and tax rises if he is to keep his promise to halve Britain’s deficit, according to leading economists. Source: Latest Business News from Times Online | 21 Mar 2010 | 6:01 pm Mandelson’s fingerprints are all over Chancellor’s ‘workmanlike’ BudgetAlistair Darling’s description of the Budget as “workmanlike” was seized upon by the Conservatives as indicative of an absence of vision and energy. Source: Latest Business News from Times Online | 21 Mar 2010 | 6:01 pm Tesco’s secret chain charges customers moreTesco charges higher prices by stealth in areas where it faces less local competition — and regulators say they can do nothing about it, an investigation by The Times has found. Source: Latest Business News from Times Online | 21 Mar 2010 | 6:01 pm Little money in coffers for vote-winning giveawaysToday Source: Latest Business News from Times Online | 21 Mar 2010 | 6:01 pm Jobs warning as Darling plans extra 5% on alcoholThe head of Britain’s biggest drinks group has launched a blistering attack on the Government’s duty regime ahead of Wednesday’s Budget, warning that further tax rises could threaten investment and jobs. Source: Latest Business News from Times Online | 21 Mar 2010 | 6:01 pm The 15 CEOs Who Should Be Paid $1 A YearLee Iacocca, Chrysler’s CEO in 1979, worked for $1 a year while his company paid back taxpayers $1.2 billion in loan guarantees. Edward Liddy, former CEO of Allstate (ALL) was paid $1 a year when he stepped in to run the crumbling AIG (AIG) as the request of Henry Paulson, who was Treasury Secretary at [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 21 Mar 2010 | 5:47 pm Greece can resist borrowing until April: deputy finance ministerATHENS (Reuters) - Greece can go without borrowing until the end of April and has not yet decided when it will tap capital markets for funds to refinance maturing debt, the country's deputy finance minister said on Sunday.
Source: Reuters: Business News | 21 Mar 2010 | 5:11 pm Economic Outlook: Darling banks on forecastsWith a UK general election within weeks, Alistair Darling's latest forecasts for borrowing and revenues in the Budget statement on Wednesday will form a crucial plank of the chancellor of the exchequer's...Source: RSS feed - channel BNPaperBusiness | 21 Mar 2010 | 5:00 pm Germans oppose Greek aid, poll showsFierce German resistance to helping crisis-hit Greece has emerged in a Financial Times opinion poll that strengthens the hand of Angela Merkel, the chancellor, before a possible European showdown this week over financial aid for AthensSource: Financial Times - US homepage | 21 Mar 2010 | 4:00 pm Greenberg sells AIG stock to UBS for $278 millionNEW YORK (Reuters) - The former chief executive of American International Group Inc, Maurice "Hank" Greenberg, reached a deal to sell most of the shares he holds in the insurer to a unit of Swiss bank UBS.
Source: Reuters: Business News | 21 Mar 2010 | 3:50 pm Pepsi pledges healthier foodsPepsiCo will pledge to cut levels of salt, sugar and saturated fats in its top-selling products by a quarter over the coming decade as pressure grows to encourage healthier eating.Source: Financial Times - US homepage | 21 Mar 2010 | 3:39 pm Fuld faces new probe on Lehman collapseDick Fuld, chief executive of failed Lehman Brothers, and regulators face a testing congressional hearing into the bank’s collapse next month after a report found a dubious accounting procedure helped the bank conceal the extent of its financial distressSource: Financial Times - US homepage | 21 Mar 2010 | 3:32 pm Investors learn to accept bad housing numbers (AP)AP - The housing market is still in bad shape, but investors don't seem to mind.Source: Yahoo! News: Stock Markets News | 21 Mar 2010 | 3:28 pm Box office: 'Wimpy Kid' scores an upset, 'Bounty Hunter' solid, 'Repo Men' empty handedJennifer Aniston and Jude Law were overpowered at the box office this weekend by the unlikeliest of heroes. 20th Century Fox's adaptation of the comic and book series "Diary of a Wimpy Kid" scored a surprise victory.
Source: L.A. Times - Business | 21 Mar 2010 | 3:10 pm Box office: 'Wimpy Kid' scores an upset, 'Bounty Hunter' solid, 'Repo Men' empty handedJennifer Aniston and Jude Law were overpowered at the box office this weekend by the unlikeliest of heroes. 20th Century Fox's adaptation of the comic and book series "Diary of a Wimpy Kid" scored a surprise...Source: RSS feed - channel BNPaperBusiness | 21 Mar 2010 | 3:10 pm UBS in talks over renminbi fundThe Swiss bank is in talks with the Beijing municipal government on setting up a renminbi-denominated private equity fund as it looks to expand in ChinaSource: Financial Times - US homepage | 21 Mar 2010 | 3:00 pm China to lose ally against US trade hawksThe US business community can no longer resist political pressure for Washington to take a tougher stand against China on trade issues, according to a senior figure from the US Chamber of CommerceSource: Financial Times - US homepage | 21 Mar 2010 | 1:28 pm Goldman executives benefit from fund investmentsThe bank’s executives took home millions of dollars last year from investments in funds run by the bank, after the furore over pay forced Wall Street banks to rein in awards to their top staffSource: Financial Times - US homepage | 21 Mar 2010 | 12:00 pm China denounces Google 'US ties'China's state media accuses Google of "intricate ties" with the US government and trying to change Chinese society.Source: BBC News | Business | World Edition | 21 Mar 2010 | 11:47 am Stocks eye health vote, housing, Greece (Reuters)
Source: Yahoo! News: Stock Markets News | 21 Mar 2010 | 10:23 am Tory bank tax plan 'risk' to jobsTory plans to introduce a bank levy without international support pose a risk to jobs, Alistair Darling has warned.Source: BBC News | Business | World Edition | 21 Mar 2010 | 9:46 am App boomThe developers making millions from smartphonesSource: BBC News | Business | World Edition | 21 Mar 2010 | 9:28 am Israel to boost Arab towns' fundsThe Israeli cabinet backs an investment plan for Israeli Arabs, who have long suffered inequality and discrimination.Source: BBC News | Business | World Edition | 21 Mar 2010 | 6:51 am Bernanke Versus The First AmendmentThe Federal Reserve understandably does not want to give up the secrets of which banks were most in need of rescue as the credit markets melted down in late 2008. It might lead customers, shareholders, and customers to doubt the stability of those institutions. But, those firms are stable now or they are gone, so why [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 21 Mar 2010 | 6:33 am UAE stocks seen surging if Dubai government backs debt plan (Reuters)Reuters - Dubai's debt restructuring proposal will determine the fate of UAE equity markets as the ailing emirate seeks support from Abu Dhabi, with markets poised to rally if the deal includes guarantees, analysts said.Source: Yahoo! News: Stock Markets News | 21 Mar 2010 | 6:22 am US Currency Wars With China LoomsA trade war between the US and China, with tariffs and taxes, recriminations and retaliation, may be a modestly troubling prospect compared to a currency war. China’s Commerce Minister Chen Deming said ”The currency is a sovereign issue and should not be an issue to be discussed between two countries. He warned that if the US labels the world’s [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 21 Mar 2010 | 6:10 am Banned ... by GoogleIn Turkey, it's a crime to defame the country's founder, Mustafa Kemal Ataturk or to ridicule "Turkishness." So Google restricts access to videos that the government of Turkey deems illegal on google.com.tr.Source: Business and financial news - CNNMoney.com | 21 Mar 2010 | 5:53 am
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