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10 Things Your Airline Won't Tell You (10 Things)Disgruntled passengers want to know: How did things get so bad?
Source: SmartMoney.com | 4 Apr 2010 | 10:00 pm Tax Tips: More Time From the Tax Man (Tax Tips)Can't get your tax act together by April 15? Just file for an extension.
Source: SmartMoney.com | 4 Apr 2010 | 10:00 pm Republicans dispute course of financial overhaul (AP)
Source: Yahoo! News: Business News | 3 Apr 2010 | 4:05 am Auto Review: 2011 VW Jetta SportWagen TDI: Who needs hybrids?This may be hard for you to grasp in this age of the crossover vehicle, but a wagon still makes lots of sense. As you are gulping, forget all those evil thoughts about a diesel as well.
Source: MarketWatch.com - Top Stories | 3 Apr 2010 | 4:01 am Greek PM calls for end to cronyism (Reuters)Reuters - The worst of Greece's financial crisis is over but the debt-stricken country must tackle cronyism and cut back on waste to emerge a stronger nation, Prime Minister George Papandreou said.Source: Yahoo! News: Business News | 3 Apr 2010 | 3:28 am Ban lifted: Pilots can take antidepressants on job (AP)AP - The government is lifting a 70-year-old ban on letting pilots fly while on antidepressants, citing improvements in the drugs and an unforeseen side effect of the restriction: Depressed pilots kept flying but just kept their conditions secret.Source: Yahoo! News: Business News | 3 Apr 2010 | 3:25 am Why hating Wall Street can hurt youThere are many good reasons for average Americans to stay out of the stock market.Source: RSS feed - channel BNPaperBusiness | 3 Apr 2010 | 1:00 am U.S. gains 162,000 jobs in MarchThe biggest burst in hiring in three years still isn't enough to lower the unemployment rate, which holds at 9.7%, the Labor Department reports. Economists see a slow recovery in the labor market. ...Source: RSS feed - channel BNPaperBusiness | 3 Apr 2010 | 1:00 am Older tractor-trailers are given new life on the roadSome companies find it cheaper to revamp old models, contributing to a sales drop in highway trucks. It's not...Source: RSS feed - channel BNPaperBusiness | 3 Apr 2010 | 1:00 am Consumers told to gut Chinese-drywall homesWallboard, wiring, sprinkler systems -- all of it should go, two federal agencies say. Homeowners who may have...Source: RSS feed - channel BNPaperBusiness | 3 Apr 2010 | 1:00 am Tata's $2,500 Nano an object of fascination for rival carmakersIf you build a better mousetrap, the world will beat a path to your door. If you build a new car for $2,500, the world's automakers will drive a semi to your loading dock so they can take it home and study it.
Source: L.A. Times - Business | 3 Apr 2010 | 1:00 am Why hating Wall Street can hurt youThere are many good reasons for average Americans to stay out of the stock market.
Source: L.A. Times - Business | 3 Apr 2010 | 1:00 am Eli Broad is latest character witness for ex-KB Home chief Bruce KaratzThe billionaire philanthropist, who co-founded the home-building firm, follows former L.A. Mayor Richard Riordan in vouching for Karatz at his stock-options backdating trial. ...Source: RSS feed - channel BNPaperBusiness | 3 Apr 2010 | 1:00 am Business BriefingHOTELSSource: RSS feed - channel BNPaperBusiness | 3 Apr 2010 | 1:00 am Eli Broad is latest character witness for ex-KB Home chief Bruce KaratzThe billionaire philanthropist, who co-founded the home-building firm, follows former L.A. Mayor Richard Riordan in vouching for Karatz at his stock-options backdating trial.The celebrity endorsements of former KB Home Chief Executive Bruce Karatz resumed Friday morning when billionaire philanthropist Eli Broad took the witness stand to defend the character of the man federal prosecutors say made millions of dollars in illegal profits by secretly backdating stock options.
Source: L.A. Times - Business | 3 Apr 2010 | 1:00 am Industry groups keep distance from film lobbyWorkers who would benefit from the efforts of the Bring Hollywood Home Foundation question its fundraising drive.A nonprofit organization aimed at keeping Hollywood film production in California isn't getting much support from the very groups it would try to help: local unions and other workers in the state.
Source: L.A. Times - Business | 3 Apr 2010 | 1:00 am Tough times for teens hunting for summer jobsThe high unemployment rate means the competition for coveted positions is especially intense. But there are ways young people can set themselves apart from the pack.Teens are hitting the malls again, and not just to hang out and shop.
Source: L.A. Times - Business | 3 Apr 2010 | 1:00 am U.S. gains 162,000 jobs in MarchThe biggest burst in hiring in three years still isn't enough to lower the unemployment rate, which holds at 9.7%, the Labor Department reports. Economists see a slow recovery in the labor market.Like a breath of spring air hinting at better days ahead, a government report Friday showed the U.S. economy added 162,000 jobs in March, the most in three years.
Source: L.A. Times - Business | 3 Apr 2010 | 1:00 am Industry groups keep distance from film lobbyWorkers who would benefit from the efforts of the Bring Hollywood Home Foundation question its fundraising drive. ...Source: RSS feed - channel BNPaperBusiness | 3 Apr 2010 | 1:00 am Tough times for teens hunting for summer jobsThe high unemployment rate means the competition for coveted positions is especially intense. But there are ways young people can set themselves apart from the pack. ...Source: RSS feed - channel BNPaperBusiness | 3 Apr 2010 | 1:00 am Depressed pilots may fly with medication, FAA saysThe agency approves four drugs it says can treat the condition without adverse side effects. Pilot groups hail the move. ...Source: RSS feed - channel BNPaperBusiness | 3 Apr 2010 | 1:00 am Hyundai to include an iPad in new luxury carThe carmaker, known for its budget wheels, is tapping into the hype over Apple's new tablet computer to add cachet to its Equus sedan. ...Source: RSS feed - channel BNPaperBusiness | 3 Apr 2010 | 1:00 am 5th person dies after WA refinery blastTesoro Corp. says a fifth person has died of injuries suffered in a deadly blast and fire early Friday at the company's oil refinery at Anacortes, Wash. On its Web site, Tesoro...Source: RSS feed - channel BNewsBusiness | 2 Apr 2010 | 11:27 pm Stocks to Watch: Stocks in focus for MondayAmong the companies whose shares are expected to see significant trading Monday are Intel, J. Crew, MDRN and Tesoro.
Source: MarketWatch.com - Top Stories | 2 Apr 2010 | 10:01 pm Market Snapshot: Payrolls on the markets' mind after long weekendAs jobs report adds to evidence that U.S. economy is recovering, earnings season kicks off in the coming week.
Source: MarketWatch.com - Top Stories | 2 Apr 2010 | 10:01 pm Biggest job gain in 3 yrs pushes up interest rates (AP)
Source: Yahoo! News: Stock Markets News | 2 Apr 2010 | 9:21 pm Biggest job gain in 3 yrs pushes up interest rates (AP)
Source: Yahoo! News: Business News | 2 Apr 2010 | 9:21 pm WellPoint hikes CEO's pay packageThe insurer, boosting Angela F. Braly's compensation package up to $13.1 million, draws further ire from policyholders in California.WellPoint Inc. revealed Friday that it boosted its chief executive's compensation 51% last year, even as the health insurance giant prepared massive rate increases in California that embroiled it in a national controversy over skyrocketing health insurance costs.
Source: L.A. Times - Business | 2 Apr 2010 | 8:08 pm iPad still awaits the rushWASHINGTON/LOS ANGELES (Reuters) - Apple's iPad, the subject of frenzied industry speculation since its unveiling in January, has so far not drawn the hordes that ushered in the iPhone three years ago.
Source: Reuters: Business News | 2 Apr 2010 | 8:06 pm ROCKSTAR ENERGY DRINK Enters Into Distribution Agreement With Frucor -- Australia and New Zealand's Largest Energy Drink DistributorSource: RSS feed - channel BNewsBusiness | 2 Apr 2010 | 8:01 pm Freelancing beats the alternative for manyMany formerly full-time workers must now move from contract job to contract job, without benefits. But at least it's a paycheck.The latest report from the government shows that employers are starting to put more people on the payroll again. But millions of Americans who are earning an income are doing so without the benefits or security that once came standard with most jobs.
Source: L.A. Times - Business | 2 Apr 2010 | 7:57 pm Feds oppose separate trials in insider trading caseNEW YORK (Reuters) - U.S. prosecutors on Friday opposed a request by accused Galleon fund founder Raj Rajaratnam and his main co-defendant for separate trials in what prosecutors have described as the biggest hedge fund insider-trading case ever in the United States.
Source: Reuters: Business News | 2 Apr 2010 | 7:21 pm Waste Management Dumps Last, Best and Final on Puget Sound Sanitation WorkersSource: RSS feed - channel BNewsBusiness | 2 Apr 2010 | 7:05 pm No criminal charges seen in AIG's collapse: TV reportNEW YORK (Reuters) - CBS News reported late Friday that Joseph Cassano, the former AIG executive closely linked with the giant insurer's near collapse in September 2008, will meet with U.S. Justice Department attorneys next week in what will probably end the two-year criminal investigation into the company -- with no criminal charges likely to be filed.
Source: Reuters: Business News | 2 Apr 2010 | 6:48 pm Twitter: A new box-office oracle?Silicon Valley researchers say they can predict a film's opening-weekend take by monitoring tweets.Want to know how "Clash of the Titans" will fare at the box office this weekend?
Source: L.A. Times - Business | 2 Apr 2010 | 6:24 pm Consumers told to gut Chinese-drywall homesWallboard, wiring, sprinkler systems -- all of it should go, two federal agencies say.Homeowners who may have hazardous Chinese drywall in their homes should remove it, two government agencies said Friday, in effect advising thousands of people from Florida to California to gut their homes.
Source: L.A. Times - Business | 2 Apr 2010 | 6:15 pm General election 2010: National Insurance row 'destroys PM's economic claims'George Osborne said Gordon Brown's sole claims that re-electing him would secure an economic recovery were false.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 2 Apr 2010 | 6:06 pm Europe laments craftsmen’s demiseThe continent’s main luxury trade bodies meet next week to sound the alarm over the erosion of skills in the industry, one of the few in which the region is world leaderSource: Financial Times - US homepage | 2 Apr 2010 | 6:02 pm Leeson’s shadow looms over SocGen confessionSociété Générale, the French bank that lost €4.9 billion in a rogue trading scandal in 2008, faced fresh embarrassment yesterday when it announced an internal investigation into “anomalies” in a client account in Singapore. Source: Latest Business News from Times Online | 2 Apr 2010 | 6:01 pm US reports biggest jobs gain in years but unemployment rate remains staticThe United States recorded its biggest increase in employment in three years in March. Source: Latest Business News from Times Online | 2 Apr 2010 | 6:01 pm ‘No one really needs an iPad, but it turns the web into what we wanted’When the iPad launches in the UK this month, in both wi-fi-only and 3G versions, many will echo that familiar refrain heard each time Apple introduces a new product: should I buy the first generation, or wait for round two or three? Source: Latest Business News from Times Online | 2 Apr 2010 | 6:01 pm Car scrappage scheme brings £100m VAT windfallThe car scrappage incentive scheme has earned the Government an unexpected £100 million. Source: Latest Business News from Times Online | 2 Apr 2010 | 6:01 pm Lord Mandelson gets personal over banker’s payLord Mandelson has singled out the president of Barclays as the “unacceptable face” of the banking sector in one of the most vitriolic attacks on financiers since the financial crisis. Source: Latest Business News from Times Online | 2 Apr 2010 | 6:01 pm Merkel has saved Greece – but not the euroThis week has confirmed that Angela Merkel is the towering figure of European politics. The German Chancellor arrived in London on Thursday having rescued Greece from defaulting this month on its national debt. She stopped Greece, at least for now, becoming the first country to crash out of the euro. Source: Latest Business News from Times Online | 2 Apr 2010 | 6:01 pm Hunt for Simon Halabi after tycoon is made bankruptLondon creditors are understood to be searching for Simon Halabi, the Syrian property tycoon who was declared bankrupt this week. Source: Latest Business News from Times Online | 2 Apr 2010 | 6:01 pm Japan’s cartoons plundered by piratesJapan’s cartoon industry, a mainstay of the country’s bid to revive the economy through “soft” exports, is losing $2.4 billion a year to Chinese piracy.$ Source: Latest Business News from Times Online | 2 Apr 2010 | 6:01 pm Millions will have to buy routers to beat hackersMillions of internet users will have to spend up to £70 each to upgrade their wi-fi equipment or risk heavy fines if hackers use their connection to download pirated material. Source: Latest Business News from Times Online | 2 Apr 2010 | 6:01 pm Members only browse at Easter garden centresDepartment stores will be watching garden centres tomorrow and thinking of Christmas — and not just because of the dismal weather. Source: Latest Business News from Times Online | 2 Apr 2010 | 6:01 pm Recalls: Some Marco Polo Shrimp Snacks___ Golden Pacific Foods, Inc. of Chino, Calif., is recalling some Marco Polo Brand Shrimp Snacks sold as Original, Onion & Garlic Flavored and Bar-B-Que Flavored, because they may...Source: RSS feed - channel BNewsBusiness | 2 Apr 2010 | 5:53 pm Tight security for Pope’s Good Friday walkReports suggest the security crackdown was motivated by police fears of protests over hundreds of alleged cases across Europe involving paedophile priestsSource: Financial Times - US homepage | 2 Apr 2010 | 5:49 pm Karzai attempts to repair relations with USAfghanistan’s president called Hillary Clinton, the US secretary of state, to try and repair his relationship with Washington after delivering a speech harshly critical of the westSource: Financial Times - US homepage | 2 Apr 2010 | 5:30 pm Study shows US refineries have bad safety recordA study shows U.S. oil refineries have an ongoing problem with accidents that turn deadly, losing four times as much money from such incidents than refineries in the rest of the world. ...Source: RSS feed - channel BNewsBusiness | 2 Apr 2010 | 5:25 pm Design Within Reach Announces $10,000 Design ContestSource: RSS feed - channel BNewsBusiness | 2 Apr 2010 | 5:25 pm Obama welcomes jobs report as rare good news (AP)
Source: Yahoo! News: Business News | 2 Apr 2010 | 5:18 pm Goodby, Silverstein & Partners Announces DepartureSource: RSS feed - channel BNewsBusiness | 2 Apr 2010 | 5:11 pm Jobs, profit hopes may drive rally (Reuters)
Source: Yahoo! News: Stock Markets News | 2 Apr 2010 | 4:56 pm Jobs, profit hopes may drive rallyNEW YORK (Reuters) - Optimism about an improving labor market and corporate profits could propel U.S. stocks higher next week as earnings season approaches.
Source: Reuters: Business News | 2 Apr 2010 | 4:56 pm Critics blast package of late Vt. budget trimsAdvocates for the elderly worry about changes in Medicaid funding for nursing homes, environmentalists say state park land would be sold too easily and regional planners say they can't be...Source: RSS feed - channel BNewsBusiness | 2 Apr 2010 | 4:49 pm Palladium Portfolio Company Wise Foods Receives The M&A Advisor's 'Refinancing of the Year' AwardSource: RSS feed - channel BNewsBusiness | 2 Apr 2010 | 4:43 pm Weekend Investor: Small-cap stock funds notch big gains in quarterThis was the quarter that wouldn't quit. U.S. stock-fund investors had much to cheer in the past three months, especially holders of small-cap offerings.
Source: MarketWatch.com - Top Stories | 2 Apr 2010 | 4:24 pm Economy adds jobs at fastest pace in three years (AP)
Source: Yahoo! News: Business News | 2 Apr 2010 | 4:22 pm Business HighlightsEmployers added most jobs in 3 years in March WASHINGTON (AP) _ The nation's economy posted its largest job gain in three years in March, while the unemployment rate remained at 9.7...Source: RSS feed - channel BNewsBusiness | 2 Apr 2010 | 3:54 pm Taxing Times: Freedom from taxes could be painfulThe idea of a “Tax Freedom Day” doesn’t take into account the services we receive from government as a result of paying those taxes.
Source: MarketWatch.com - Top Stories | 2 Apr 2010 | 3:53 pm General election 2010: National Insurance rise will 'force public sector cuts'The planned increase in National Insurance will cost the public sector almost £700 million and may force the Government to cut services or staff, the Conservatives claimed.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 2 Apr 2010 | 3:50 pm Realty Q&A: Save money on home energy costs with easy upgradesNew, relatively low-tech and low-cost products can help you reduce your home energy expenses without shelling out for major renovations.
Source: MarketWatch.com - Top Stories | 2 Apr 2010 | 3:45 pm Treasury says bailout repayments reach $181 billion (Reuters)Reuters - The U.S. Treasury Department on Friday said total bailout repayments have reached $181 billion with the receipt of $3.4 billion from insurer Hartford Financial Services Group and another $1 billion installment payment from General Motors Co.Source: Yahoo! News: Business News | 2 Apr 2010 | 3:35 pm Summers sees ongoing job creationThe US economy is poised for self-sustaining growth and should continue creating jobs in the months ahead, Larry Summers, senior economic adviser to Barack Obama, said in his most upbeat assessment of the economic climateSource: Financial Times - US homepage | 2 Apr 2010 | 3:34 pm Summers: Economy on path to growth: FTLONDON (Reuters) - The U.S. economy is on the path to achieving self-sustaining growth, although the jobs outlook remains uncertain, White House economic adviser Larry Summers said in a newspaper interview to be published on Saturday.
Source: Reuters: Business News | 2 Apr 2010 | 3:34 pm Real Estate Weekly: Sales of vacation homes rose last year: surveySales of vacation homes rose 7.9% in 2009, compared with 2008 -- the first rise in sales of these homes since 2006, according to research this week from the National Association of Realtors. But homes purchased for investment purposes dropped 15.9% over the year.
Source: MarketWatch.com - Top Stories | 2 Apr 2010 | 3:33 pm Geithner eyes improved odds on China yuan riseWASHINGTON (Reuters) - Treasury Secretary Timothy Geithner said on Friday the Obama administration wants to "maximize the chances" that China will quickly lift the value of its yuan currency and expressed confidence Beijing would decide doing so was in its interest.
Source: Reuters: Business News | 2 Apr 2010 | 3:29 pm Chinese official hints at currency accordLi Daokui, a professor at Tsinghua university and a member of China’s central bank monetary policy committee, said as long as the US respected China’s “core interests” the currency disagreement could be easily solvedSource: Financial Times - US homepage | 2 Apr 2010 | 3:06 pm Podcast: Shipping Is Underwater (apn Photo/Frank Hormann) On today's Planet Money: So there was a big shipping bubble that inflated about the same time the housing bubble did. It grew for some similar reasons -- a go-go economy, easy credit, a belief that prices never decline, etc. And, like housing, it's now turned ugly. Ships that cost more than $100 million a few years back now go for $40 million -- and the rates for freight have fallen accordingly. Ship owners have gone bust, and their ships have been taken by the bank and sold at auction. Also on the podcast: The Gorton's fisherman, and what the shipping bust has to do with torn fiber-optic lines in Singapore. Download the podcast, or subscribe. Music: The Temper Trap's "Down the River." Find us: Twitter/ Facebook/ Flickr. » E-Mail This » Add to Del.icio.us Source: NPR Blogs: Planet Money | 2 Apr 2010 | 3:05 pm NewsWatch: Developers race to get in on iPad launchAs early enthusiasts begin to line up for Apple’s latest gadget, application developers are looking to secure a foothold in the potentially lucrative market opportunity presented by the iPad.
Source: MarketWatch.com - Top Stories | 2 Apr 2010 | 3:05 pm Carl Icahn unwinding Blockbuster stakeNEW YORK (Reuters) - The billionaire investor Carl Icahn has slashed his ownership stake in Blockbuster Inc's Class A shares to below 5 percent, two weeks after the video rental company said it might seek bankruptcy protection and that its survival was in question.
Source: Reuters: Business News | 2 Apr 2010 | 2:52 pm Environmentalists blast Obama mining rule reversal (AP)AP - The same week President Barack Obama riled environmentalists with plans for offshore oil drilling, he faces criticism for signaling he will support a Bush-era policy criticized as giving mining companies unlimited access to public lands to dump toxic waste.Source: Yahoo! News: Business News | 2 Apr 2010 | 2:44 pm Hedge Funds: Third Point generates big gains on credit playsReturn of 15% in first quarter helps hedge fund rebound from losses.
Source: MarketWatch.com - Top Stories | 2 Apr 2010 | 2:40 pm Currencies: Dollar up vs. euro, yen after U.S. payrolls jumpThe dollar clmibs to a 7-month high versus the yen as analysts find good news about the economy in the U.S. payrolls report.
Source: MarketWatch.com - Top Stories | 2 Apr 2010 | 2:33 pm Changes to federal foreclosure program announced (AP)AP - The federal government announced Friday that it is relaxing some rules to make it easier for communities to spend funds on redeveloping abandoned and foreclosed properties.Source: Yahoo! News: Business News | 2 Apr 2010 | 2:09 pm Young people profit as parents bypass inheritance taxParents are increasingly passing on money to their children before they die in a bid to avoid inheritance tax.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 2 Apr 2010 | 1:26 pm Obama: U.S. starting to "turn the corner" on jobsCHARLOTTE, North Carolina (Reuters) - President Barack Obama hailed new signs of an improving U.S. labor market on Friday as proof that "we are beginning to turn the corner" but warned it would still take time to achieve sustained job growth.
Source: Reuters: Business News | 2 Apr 2010 | 1:25 pm Dead loophole may kill your health planWith President Obama still glowing over last week's passage of health-care reform, it's a good time to ask why American businesses ever began providing health-care coverage, and especially prescription drug benefits, to begin with. Out of all industrialized nations, only the United States has tied employment to health care and retirement coverage.Source: Business and financial news - CNNMoney.com | 2 Apr 2010 | 1:22 pm Higher taxes threaten stock rallyBetween the new Medicare tax on investment income and a rise in capital gains and dividend taxes, investors will face higher costs. But the overall effect on stock returns is not as cut and dry.Source: Business and financial news - CNNMoney.com | 2 Apr 2010 | 1:18 pm US Caves To Chinese, May Delay “Currency Manipulator” DecisionThe US will almost certainly delay its decision about whether to label China as a “currency manipulator”, a move that will make it clear to the Chinese that they still have tremendous leverage in talks on the valuation of the yuan. The Wall Street Journal reported that the delay is likely. The paper points out that the Administration, specifically the Treasury, was to [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 2 Apr 2010 | 1:10 pm Brian Gaynor : Directors need a message to cough upTwo poorly performing companies, Guinness Peat Group (GPG) and Richina Pacific, were in the news this week with the former releasing its December 2009 annual report and the latter holding its December 2008 annual meeting in Auckland,...Source: nzherald.co.nz - Business | 2 Apr 2010 | 1:00 pm Personal bankruptcy filings increaseMore people are filing for personal bankruptcy than ever before, but some filers might be gaming the system. Kai Ryssdal talks to reporter Mitchell Hartman about what's going on behind the increase.Source: Marketplace | 2 Apr 2010 | 12:50 pm Weekly Wrap: Jobs and CEO payReuters blogger Felix Salmon and Fortune magazine's Leigh Gallagher talk with Kai Ryssdal about the latest jobs report and what's going on with CEO compensation.Source: Marketplace | 2 Apr 2010 | 12:50 pm Malls prepare for iPad debutMalls are preparing for a big weekend, but the crowds won't be coming for the Easter holiday -- they're coming for the new Apple iPad. Sally Herships reports.Source: Marketplace | 2 Apr 2010 | 12:49 pm Egg sellers are celebrating this EasterSo far, Easter looks like it'll bring in slightly more money for retailers than it did last year. Shoppers are snatching up all kinds of candies and food, including eggs. Jeremy Hobson reports.Source: Marketplace | 2 Apr 2010 | 12:49 pm Steel spat may push up product pricesEurope correspondent Stephen Beard talks with Kai Ryssdal about how a battle between steel makers and iron ore producers may affect consumer product prices.Source: Marketplace | 2 Apr 2010 | 12:48 pm Local, state tax revenues on the riseState and local tax revenues have increased for the first time in more than a year, according to the Census Bureau. But what does that mean for local economies and will it continue? Alisa Roth reports.Source: Marketplace | 2 Apr 2010 | 12:48 pm What's driving job creation?The government reported that 162,000 new jobs were created in March, the biggest monthly increase in three years. But will the numbers continue to grow? Nancy Marshall Genzer reports.Source: Marketplace | 2 Apr 2010 | 12:48 pm Gains for US steel after ore price riseUS steel products are poised to become more attractive on the global market in the wake of the sharp rise in traded iron ore – a development that has enraged makers of the metal elsewhere in the world, analysts saySource: Financial Times - US homepage | 2 Apr 2010 | 12:27 pm Investors await iPad’s cliffhanger launchAt least 200,000 US residents will get their hands on Apple’s new iPad, convinced that, without ever having held one, the mouseless computer is right for themSource: Financial Times - US homepage | 2 Apr 2010 | 12:10 pm More Money: Government jobsSource: Business and financial news - CNNMoney.com | 2 Apr 2010 | 12:08 pm Vision deposits safeVision Securities has been placed in receivership by Perpetual Trust but all eligible depositors will get 100 per cent of the money they are entitled to under the Crown retail deposit guarantee scheme. Vision Securities is based...Source: nzherald.co.nz - Business | 2 Apr 2010 | 11:50 am Private sector hiring lifts March payrollsWASHINGTON (Reuters) - U.S. employers created jobs in March at the fastest rate in three years as private firms stepped up hiring, the strongest signal yet that the economic recovery is on a solid footing and needs less government help.
Source: Reuters: Business News | 2 Apr 2010 | 11:31 am Land sale falls throughThe sale of a second lot of land and buildings owned by Fisher & Paykel Appliances Holdings at East Tamaki has fallen through. The company sold its refrigeration manufacturing facility, head office and the former laundry manufacturing...Source: nzherald.co.nz - Business | 2 Apr 2010 | 11:20 am Employer lends a financial helping handReporter Sarah Hulett profiles one company that offered some help to employees with troubled financial lives.Source: Marketplace Money | 2 Apr 2010 | 11:14 am The home loan modification minefieldWajahat Ali wasn't an expert in real estate law, but that didn't stop him from helping a family navigate the government's Home Affordable Mortgage Program. He talks to Tess Vigeland about the frustrations he encountered along the way.Source: Marketplace Money | 2 Apr 2010 | 11:14 am Where is the housing market now?UCLA professor Ed Leamer talks to Tess Vigeland about whether the housing market is in recovery, and the right program for underwater homeowners.Source: Marketplace Money | 2 Apr 2010 | 11:13 am I'm going to Canada for my health careCommentator David Sax says despite President Obama's ambitious efforts, he's still heading to his home country for health care -- Canada.Source: Marketplace Money | 2 Apr 2010 | 11:13 am Getting PersonalDavid Lazarus of the Los Angeles Times helps Tess Vigeland answer personal finance questions from our listeners, including the impact the new health care laws will have on consumers.Source: Marketplace Money | 2 Apr 2010 | 11:13 am Responses from our listenersListeners react to Money's coverage, including our segments on health care reform, a money makeover, and the Free Credit Report guy.Source: Marketplace Money | 2 Apr 2010 | 11:13 am The impact of student loan reformPaul Basken of the Chronicle of Higher Education talks with Tess Vigeland about how the new student loan reform bill will affect both current and former college students.Source: Marketplace Money | 2 Apr 2010 | 11:13 am A new generation of billsThe new iPad, cell phones, cable...it's all part of staying connected in today's society, but are we paying too high a price? Brendan Francis Newnam reports.Source: Marketplace Money | 2 Apr 2010 | 11:13 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 | 2 Apr 2010 | 10:54 am Xero triples revenueOnline accounting system company Xero says it will report operating revenue of more than $3 million for the 2010 financial year - triple revenue for the 2009 financial year. Paying customers exceeded 17,000 in more than 50 countries...Source: nzherald.co.nz - Business | 2 Apr 2010 | 10:50 am The Finance Lobbyist Who Can't Lobby The Finance CommitteeBy Jacob Goldstein Regulating derivatives doesn't get as much attention as other pieces of the finance-reform debate, but it's hugely important -- a type of derivative called a credit-default swap was at the center of the collapse of AIG, but the derivatives business remains largely hidden from public view. So a few pieces of derivatives news out of Washington are worth noting: Peter Roberson, a former Financial Services Committee staffer who went to work as a lobbyist for a derivatives exchange called ICE, won't be allowed to lobby the committee. Chairman Barney Frank said he told the committee staff "to have no contact whatsoever with Mr. Roberson on any matters involving financial regulation for as long as I am in charge of that Committee staff." Some derivatives are traded on public exchanges now, but many are traded in private deals between financial firms, away from public view. That makes it impossible to get a big picture of what's happening in the derivatives market, and the finance-reform legislation working its way through Congress could require more derivatives to be traded on an exchange. If that happens, ICE could get a lot more business. An ICE spokesman declined to comment. The head of the SEC said there are "important gaps" in the way derivatives are regulated in the finance-reform legislation. Among other things, she wrote in an op-ed in this morning's Washington Post, new regulations should give regulators more power over derivatives and force more derivatives to be publicly traded on exchanges. She warned that "today's gaps can become tomorrow's crisis." Meanwhile, back in the Senate, the debate over regulating derivatives has shifted from the banking committee (where negotiations hit an impasse) to the agriculture committee, the WaPo reports. This actually is not as crazy as it sounds. Derivatives are deeply rooted in agriculture, because they allow farmers to protect themselves against the risk of big swings in crop prices. » E-Mail This » Add to Del.icio.us Source: NPR Blogs: Planet Money | 2 Apr 2010 | 10:25 am Cash for South CanterburySouth Canterbury Finance has received another equity injection from Allan Hubbard's Southbury Corporation. Southbury is pumping $22 million in cash into the finance company after issuing an equivalent value in secured convertible...Source: nzherald.co.nz - Business | 2 Apr 2010 | 10:20 am US economy creates most jobs in three yearsThe number of US citizens in employment grew by the most in three years last month, according to new official data.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 2 Apr 2010 | 10:14 am The times they are iChanging"There's a revolution coming," I said to my two teenage daughters a couple months ago. Say what Dad? It was early February and I had just gotten my hands on an iPad. After playing with it for an hour or so, my response was pretty simple: I want one. "Not until April 3rd," the man told me. Well OK, what's a few weeks -- when you're waiting for the future.Source: Business and financial news - CNNMoney.com | 2 Apr 2010 | 10:12 am US economy adds 162,000 jobs in MarchThe US economy created 162,000 jobs last month as the unemployment rate remained unchanged at 9.7 per cent, the government said, bolstering hopes that the economic recovery is gathering steamSource: Financial Times - US homepage | 2 Apr 2010 | 10:07 am Wine industry facing a hangoverThe Kiwi wine industry is a big hitter, with nearly a billion dollars in exports, fast growth and a stellar reputation for making sauvignon blanc.And yet alarm bells are ringing.An industry outlook for 2010 by Bloomberg business...Source: nzherald.co.nz - Business | 2 Apr 2010 | 10:00 am High-flyer in global oil keen for Kiwi focusWhen Infratil first sought out Mike Bennetts to head Shell, the oil industry veteran's immediate instinct was no thanks - been there done that."My first thought was thanks a lot for asking me to talk about this but I have no interest....Source: nzherald.co.nz - Business | 2 Apr 2010 | 10:00 am EMI rescue plan in trouble as talks failStruggling music group EMI faces being taken over by its bankers after failing to clinch a deal to sell the North American distribution rights for its artists to Universal Music Group or Sony Music.EMI, which has the Beatles,...Source: nzherald.co.nz - Business | 2 Apr 2010 | 10:00 am Demand big for 3D movie equipmentMakers of digital movie equipment are forecasting a surge in sales as Chinese and European cinemas upgrade to tap the popularity of 3D movies such as Avatar .Sales at Christie Digital Systems USA, the world's largest maker of...Source: nzherald.co.nz - Business | 2 Apr 2010 | 10:00 am Overproduction sparks thoughts of regulationIn old world Europe, crushing grapes into wine is not as simple as it sounds.France, Germany and Italy are among a number of countries that have regulatory systems controlling what grape varieties can be planted, where, how much...Source: nzherald.co.nz - Business | 2 Apr 2010 | 10:00 am China offer on free-trade talks with IndiaChina has offered to accelerate free trade agreement talks with India in a bid to balance a burgeoning trade relationship between two of Asia’s largest economiesSource: Financial Times - US homepage | 2 Apr 2010 | 9:58 am New Pricing Scheme for Iron Ore AttackedFor the past 40 years, the price of iron ore has been set annually in a negotiated deal between miners and buyers. Typically, the first large customer to cut a deal with a miner set the standard for all the rest. The deal fixed the price for iron ore for the following twelve months, ignoring [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 2 Apr 2010 | 9:50 am Stephen Colbert makes iPad salsaSource: Business and financial news - CNNMoney.com | 2 Apr 2010 | 9:46 am Judge narrows SEC lawsuit against ex-Qwest execs (AP)AP - A federal judge has thrown out some claims in a civil lawsuit the Securities and Exchange Commission filed against former Qwest executives, including former CEO Joe Nacchio.Source: Yahoo! News: Stock Markets News | 2 Apr 2010 | 9:39 am Finally! Job growth returnsThe U.S. economy gained more jobs in March than any other month in the last three years, according to a government report released Friday.Source: Business and financial news - CNNMoney.com | 2 Apr 2010 | 9:31 am Landing that summer gigSpring is in full swing and summer is rapidly approaching and that means its prime time for high school and college students to look for a job.Source: Business and financial news - CNNMoney.com | 2 Apr 2010 | 9:10 am iPad App Announcements, From Everyone (AAPL)The iPad from Apple Inc. (NASDAQ: AAPL) is 24 hours from being sold in stores. Last night came word that some 1,700 Apps were already available for the iPad and this Friday morning we are seeing headlines galore of press releases from major and minor companies launching Apps for the iPad. This is similar to [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 2 Apr 2010 | 9:09 am This Week’s LinksThe Becker-Posner blog has intelligent analysis of the Obama healthcare reform bill. Congress Check has a neat post on what makes blogs useful, and where the mainstream media falls short. Barry Ritholtz has a list of what the top 10 hedge fund managers earned in 2009. Hint: they earned a hell of a lot. InformationWeek’s bMighty on assessing your small business’s data storage options. I dare you not to buy an iPad after reading Xeni Jardin’s review of one (via Wall Street Fighter).
Source: Business Pundit | 2 Apr 2010 | 9:06 am Opening/Closing/Holiday Bell: 04.02.10Dimon mulls JPMorgan Chase succession plan (NYP) Steven Cohen’s Ex-Wife Is Sued by Former Lawyer Batista Over Suit (BW) AIG Growing Less Reliant on U.S., On Path to Repay Bailout, Benmosche Says (Bloomberg) CNBC’s Erin Burnett Doesn’t Think All Rich People Are Evil (Vanity Fair) Goldman Sachs Fund Buys Stake in Ganek’s $4 Billion Hedge Fund (Bloomberg) Morgan Stanley pulling out of Revel Casino (NBC) Used-car dealer Chris Orsaris stole $7 million to finance mob fantasies (NYDN) Icahn Now Owns Whole Mortgage on Trump Casinos (AP) Starwood Capital Swooping In On Commercial Real Estate (Fortune) Geithner Says Economy Entering Sustainable Growth Period (Bloomberg) 
Source: Dealbreaker | 2 Apr 2010 | 9:00 am Investors tap into the potential of waterAn increase in the demand for water is presenting a number of opportunities.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 2 Apr 2010 | 8:31 am Jobs Outlook: 'We've Turned The Corner'By Jacob Goldstein The U.S. added 162,000 jobs in March, the federal government said this morning. That's not quite as rosy as it sounds, but it's good enough to say that the long period of job losses is over, and we're heading back toward growth. "The labor market has turned," Nigel Gault, an economist at IHS Global Insight, told me this morning. "We're starting to create jobs." Despite the new jobs, the unemployment rate held steady at 9.7 percent. That may continue in the coming months. The unemployment rate only counts people who are actively looking for work, and as the economy improves, more people who don't have jobs will start looking for work again. The labor picture has been slowly turning around for several months now. In the early part of 2009, the economy was shedding more than 700,000 jobs per month. The rate of job loss slowed toward the end of the year, and for the past few months the total number of jobs in the economy has remained largely static, with month-to-month changes hovering near zero. This morning's headline number -- 162,000 new jobs -- is inflated for a few reasons. For one thing, the February jobs numbers were skewed artificially low, because the jobs survey happened right in the middle of the big snowstorms, which kept many people home from work. For another, the March numbers got a bump from the census, which hired more than 40,000 temporary workers during the month. But even if you strip out those factors, the new numbers still show growth, Gault said. Between January and March, the private sector added 131,000 jobs, he said. (About 59 percent of those jobs were temporary.) Manufacturing was particularly strong, with 17,000 new jobs in March, and 45,000 new jobs since the start of the year. That's typical for an economic recovery, when demand for manufactured goods is one of the first things to increase. "The firms that have slashed their inventories are now building them up," Gault said. It may take some time for job growth to be significant enough to start driving down the unemployment rate, Gault said. But he, like many other economists, expects growth to continue. "We've turned the corner," he said. » E-Mail This » Add to Del.icio.us
Source: NPR Blogs: Planet Money | 2 Apr 2010 | 8:30 am The toy cars worth more than the real thingThe largest collections of Matchbox toys has just gone under the hammer for £100,000.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 2 Apr 2010 | 8:23 am Futures rise on stronger March jobs data (Reuters)
Source: Yahoo! News: Stock Markets News | 2 Apr 2010 | 8:13 am Futures rise on stronger March jobs dataNEW YORK (Reuters) -Stock index futures rose slightly on Friday after the government said nonfarm payrolls increased by 162,000 in March, pointing to potential gains when stock trading resumes next week.
Source: Reuters: Business News | 2 Apr 2010 | 8:13 am Madoff whistleblower softens criticism of SEC (AP)
Source: Yahoo! News: Stock Markets News | 2 Apr 2010 | 7:57 am This Week’s Weird Jobs
What does a clown who doesn’t entertain kids, twist balloons, or act funny do? Get rip roaring drunk, of course: Image: Mel B./Flickr 1. OH: Seeking Adult Drunk Clown for 30th Birthday party We need an Adult Drunk Clown who is good at getting drunk and stupid. No need to do any clown tricks, just hang out and drink a shit load. We will be hopping around to different bars and want a clown to tag a long and drink heavily. He doesn’t even need to socialize with anyone, just drink. Oh, did I mention that the clown needs to get shitfaced. Don’t worry, we will purchase all the drinks. Clown should expect to see sorry-looking images of self posted all over the Internet the next day. 2. WA: need help putting together a new ellipitical I recently bought an ellipitical and need somone to put it together for me. please call with cerdentials and price. Anyone with the ability to read an instruction manual could jump in on this job. 3. UK: Retailer or Seller Needed for Selling Minoxidil (Generic Rogaine) I need a seller in the UK that will do business with me buying a very hot item from me and selling it. The item is Minoxidil 5% Kirkland Signature Brand which is a reputable generic version of Rogaine Foam 5% at less than half the cost. I am a Powerseller on eBay. You can reply to this ad for more information. Thank you. * Compensation: $50 for a one year supply, a discount if more. This job poster is either confused by the term compensation or the term business partner. Wonder which it is? There is no current data is available on this aspect of human sexuality, if you are in that percentile where you have very obviously squirting I would like to hear from you in order to collect data and see patterns and match with current portrait of female squirting in adult filmography. This study will bring new light into what popular perception on squirting is about and have graphical representation on the whole phenomena. Might require demonstration and sexual acts so if you are comfortable with please feel free to reply to this, all ages and races encouraged to apply. This job posting wins this year’s Weird Study award. 5. NY: Capitalist Endeavor seeking Poor Artist to be Taken Advantage of New Business that paid market rate for RENT, EQUIPMENT, PERMIT, MERCHANDISE, and HOURLY WORKERS is looking for a marginalized local artist to give us something for nothing. If you jump through the numerous demoralizing and moronic hoops we set before you while being dramatically under compensated we will surely spread the word to our other parasitic merchant contemporaries that you are willing to be treated like a sucker. As an American artist you better get used to it. * Compensation: Day Old Bagels and Scorn This tongue-in-cheek posting does have a point. Happy Friday!
Source: Business Pundit | 2 Apr 2010 | 7:51 am Britain goes Isa crazyIn an ironic twist, the recession caused millions of families to reassess the need to put money aside in an Isa.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 2 Apr 2010 | 7:38 am Today’s Best Market Rumors (4/2/2010)Updated throughout the day. Ivy Asset Management will be closed due to relationships with Madoff (WSJ). The president of China will tell Obama that he will let the value of the yuan rise when he visits the US (NYT) Douglas A. McIntyre Filed under: Rumors[[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 2 Apr 2010 | 7:14 am Icahn now owns whole mortgage on Trump casinos (AP)AP - Carl Icahn has bought the remaining half of the $500 million mortgage on the three Trump Entertainment Resorts casinos he's trying to buy out of bankruptcy.Source: Yahoo! News: Business News | 2 Apr 2010 | 7:02 am The Twitter-24/7 Wall St. Marketwatch 4.2Twitter has, by most estimates, 75 million visitors a month, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million Twitter users. 24/7 Wall St. will look at the Twitter posts at Reuters Biz, WSJ, Financial Times, CNN Money, MarketWatch, [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 2 Apr 2010 | 7:02 am What it costs to own in Manhattan: $820,000Homebuyers have flocked back to Manhattan after sitting on the sidelines for much of last year, according to three reports issued Friday. The demand has helped stabilize prices in the nation's most expensive large market.Source: Business and financial news - CNNMoney.com | 2 Apr 2010 | 6:51 am California ire over Borat bondsCDS on the Golden State’s debt suggests it is a bigger credit risk than Kazakhstan, writes Spencer JakabSource: Financial Times - US homepage | 2 Apr 2010 | 6:35 am Finally, Some Good News in UnemploymentThe Labor Department has release its figures for unemployment and for non-Farm Payrolls for the month of March. The official unemployment rate was counted as 9.7% and the change in non-Farm Payrolls was a GAIN of +162,000. Dow Jones and Bloomberg were both looking for 9.7% unemployment and a gain of 200,000 in non-farm payrolls [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 2 Apr 2010 | 6:31 am Can't afford health care? Wait 'til JuneFor millions of uninsured or underinsured Americans, health reform legislation will soon remove some of the barriers preventing them from getting the coverage they need.Source: Business and financial news - CNNMoney.com | 2 Apr 2010 | 6:05 am The ultimate iPad buyer's guideThe Apple device finally hits stores Saturday, April 3 after years of anticipation. But do you really want one? Here's what the much-hyped device can do -- and what it can't.Source: Business and financial news - CNNMoney.com | 2 Apr 2010 | 5:58 am A Friendly Parking Letter
Source: Business Pundit | 2 Apr 2010 | 5:57 am Cash Isa rates show why loyalty doesn't payFor many people, the perfect bank would simply be an open, fair and one that repays loyalty.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 2 Apr 2010 | 4:54 am Isas: It's not too late to beat the tax deadlineIt is estimated that more than £500m will be invested in equity and cash Isas over the Easter weekend.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 2 Apr 2010 | 4:32 am Vow to re-run rail strike ballotThe RMT union pledges to re-ballot members after a national rail strike was challenged by Network Rail in the High Court.Source: BBC News | Business | World Edition | 2 Apr 2010 | 4:26 am Savings: the best fixed rate dealsRates on one-year bonds have fallen to their lowest ever level leaving savers little choice but to be in it for the long-term.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 2 Apr 2010 | 4:26 am New China Mobile Strategy Bows to CooperationA strategic document obtained by Caixin describes China Mobile’s plans for multilevel cooperation on the wireless media frontier. By Zhai Hejuan (Caixin Online) Expanding markets for mobile television, handset reading material and Internet services are key elements of China Mobile’s evolving business model for conquering the new frontier of wireless media. The latest model is built on a [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 2 Apr 2010 | 4:20 am The US Fixes The Car Industry And Plans To Break It AgainGM and Chrysler will have paid the government back their tens of billions of dollars in loans by 2016 or will have gone bust in the attempt. That is the year that the The White House wants car companies to have their fleets’ fuel efficiencies at 35.5 millions per gallon. The Administration says this will cut [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 2 Apr 2010 | 4:05 am AIG’s Benmosche Forgets To Under-promise and Over-deliverFlamboyant and loquacious AIG (AIG) CEO Robert Benmosche forgot the old business rule that it is best to under-promise and over-deliver. He told Reuters that he believes his company will pay back taxpayers before 2013 when its Fed credit line expires. Benmosche points to the sale of AIA division to Prudential UK and the sales of AIG’s American [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 2 Apr 2010 | 3:29 am Toyota Finds Forgiveness In China And JapanToyota (TM) found some measure of redemption in the US last month. Its sales rose 43% over March 2009. Its unit sales were nearly the same as those of GM and Ford (F) and the company’s market share rocketed up to 17.5%. It was as if the 8.8 million recalls of its vehicles had never happened. [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 2 Apr 2010 | 3:03 am Asian markets rise amid signs US poised for growth (AP)
Source: Yahoo! News: Stock Markets News | 2 Apr 2010 | 2:28 am
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