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Where the rally goes from hereStock investors return from a long weekend ready to embrace an encouraging piece of news: The economy added more jobs in March than in any month in the last three years.Source: Business and financial news - CNNMoney.com | 5 Apr 2010 | 4:16 am Seoul sends destroyer to intercept piratesSeoul has dispatched a destroyer serving off Somalia to intercept the Samho Dream, a South Korean-operated supertanker carrying as much as $170m worth of crude oil that was hijacked by Somali piratesSource: Financial Times - US homepage | 5 Apr 2010 | 4:11 am Weathering a long job searchWhen Terase Salerno was laid off in January 2009, she wasn't too worried about landing a new job, even amid the deepening recession.Source: Business and financial news - CNNMoney.com | 5 Apr 2010 | 4:08 am Stocks set for early gainsU.S. stocks were poised for early gains Monday, as traders returning from the long weekend took a positive view of the latest news on the jobs front.Source: Business and financial news - CNNMoney.com | 5 Apr 2010 | 4:05 am Apple iPads Won’t Charge In Windows PCsAn unsettling piece of news from Consumer Reports via Business Insider. The non-profit consumer protection and testing firm reports “we’ve been unable to charge our iPads in any USB port on a non-Apple Computer.” Douglas A. McIntyre Filed under: PC Companies Tagged: AAPL, iPad, MSFT, windows[[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 5 Apr 2010 | 4:03 am Commercial Real Estate: No Relief In SightReis, the commercial real estate survey firm, said that occupancy of office buildings hit its worst rate in the US since 1994. Reis said the rate at which the problem was growing has slowed. It is not unlike most of the “bad is not getting bad as fast” news that is part of the new optimism [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 5 Apr 2010 | 3:58 am China quiet on U.S. currency report delayBEIJING (Reuters) - A Chinese central bank adviser said Beijing could ease pressure over the yuan by buying more from recession-hit U.S. states, but China had no official reaction on Monday to the Obama administration's delay of a contentious currency report.
Source: Reuters: Business News | 5 Apr 2010 | 3:51 am N. Korea reportedly executes two finance officialsReport says two senior economic officials were executed in North Korea last month for their role in a mishandled currency revamp.
Source: MarketWatch.com - Top Stories | 5 Apr 2010 | 3:46 am NI increase 'will not cost jobs'Chancellor Alistair Darling denies that Labour's planned rise in National Insurance would lead to job losses.Source: BBC News | Business | World Edition | 5 Apr 2010 | 3:38 am The Death Of Digital Dominance: Easter Box Office Sets A RecordThe VCR was supposed to ruin box office demand. Then Blockbuster (BBI) was the spoiler. Then came DVDs and high-def DVDs. That spawned NetFlix (NFLX) and kiosk operations like Redbox. What DVDs could not do to cripple movie ticket sales, VOD was supposed to. Local cable and telco fiber-optic lines to the home offered living room viewers hundreds of [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 5 Apr 2010 | 3:27 am Oil races toward 86 dollars (AFP)
Source: Yahoo! News: Business News | 5 Apr 2010 | 3:17 am 24/7 Wall St.’s Corporate Power Rankings (Week 13)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. | 5 Apr 2010 | 3:04 am Greek tragedyWill the fall-out spread to other global markets?Source: BBC News | Business | World Edition | 5 Apr 2010 | 2:59 am Google to 'update' Buzz privacyGoogle will ask users of its social network Buzz to to review their privacy settings after continued concerns over the service.Source: BBC News | Business | World Edition | 5 Apr 2010 | 2:53 am Motivate without spending millionsLast year Jennifer Lepird spent several weeks working long hours on a big deal.Source: Business and financial news - CNNMoney.com | 5 Apr 2010 | 2:42 am Oil price up amid jobs joy in USOil prices extend gains above $80 a barrel amid optimism that improved US job creation will boost economic recovery.Source: BBC News | Business | World Edition | 5 Apr 2010 | 2:35 am Should you ever say: I *%&@ quit!Dear Annie: I have a colleague who is also a friend, and I think he's about to make a huge mistake. I'm hoping you (and your readers) can help me talk him out of it. My friend -- call him Ed -- has been working 80-hour weeks to make up for layoffs in our division. In two years, he has not gotten any raises at all, and now his boss has informed him that his bonus for the first quarter will be half what he was expecting. So Ed's going to quit and take a job offer at another company.Source: Business and financial news - CNNMoney.com | 5 Apr 2010 | 2:34 am How to ask your boss for a bigger raiseYou kept a stiff upper lip when your company froze salaries in 2009. At least you were still employed. But if a year of dutifully doing your job -- and someone else's -- has left you eager for a step up, you may be in luck.Source: Business and financial news - CNNMoney.com | 5 Apr 2010 | 2:24 am 10 highest paid CEOs of 2009These 10 corporate chiefs took home the most pay in 2009. Some of their companies were profitable, and others...not so much.Source: Business and financial news - CNNMoney.com | 5 Apr 2010 | 2:23 am Asian shares advance on US jobs market recovery (AP)
Source: Yahoo! News: Stock Markets News | 5 Apr 2010 | 2:11 am Asian shares advance on US jobs market recovery (AP)
Source: Yahoo! News: Business News | 5 Apr 2010 | 2:11 am Media Digest 3/5/2010 Reuters, WSJ, NYTimes, FT, BloombergReuters: China said nothing about the US delay of currency manipulations charges. Reuters: Office vacancy rates hit a 16-year high. Reuters: CEO pay is down from last year and Ellison of Oracle (ORCL) was No.1 on lists of the best-paid executives. WSJ: Fed officials are in a pitched debate about inflation and the agency’s actions. WSJ: Few stores sold [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 5 Apr 2010 | 1:55 am Oil rises above $85 as US jobs market improves (AP)
Source: Yahoo! News: Business News | 5 Apr 2010 | 1:49 am Dozens saved from Chinese mineMore than 100 miners are rescued from a flooded Chinese mine, but others are still thought to be trapped underground.Source: BBC News | Business | World Edition | 5 Apr 2010 | 1:49 am Peter Brimelow: Radical gold bugs vs. Wall StreetIn an ominous sign, long-derided conspiracy theories about the gold market are finally being reported in the mainstream media, says Peter Brimelow.
Source: MarketWatch.com - Top Stories | 5 Apr 2010 | 1:05 am NASA awards propulsion system contracts to five firmsThree of the aerospace companies -- Aerojet, Pratt & Whitney Rocketdyne and Northrop Grumman -- have operations in California. The pacts are worth a total of $250 million. ...Source: RSS feed - channel BNPaperBusiness | 5 Apr 2010 | 1:00 am Stock-market correction may be nearGood news about jobs should give the stock market a lift, but don't expect it to hold.Source: RSS feed - channel BNPaperBusiness | 5 Apr 2010 | 1:00 am Is gold still a bright investment?Some believe the precious metal's decade-long run-up in price, which saw a gain of more than 300%, will continue. Others warn that the bubble has burst. ...Source: RSS feed - channel BNPaperBusiness | 5 Apr 2010 | 1:00 am Is gold still a bright investment?Some believe the precious metal's decade-long run-up in price, which saw a gain of more than 300%, will continue. Others warn that the bubble has burst.At least one-third of Kimberly Sterling's clients have sought advice in the last year about investing in gold. The Orlando financial planner has successfully discouraged all but one from doing so.
Source: L.A. Times - Business | 5 Apr 2010 | 1:00 am NASA awards propulsion system contracts to five firmsThree of the aerospace companies -- Aerojet, Pratt & Whitney Rocketdyne and Northrop Grumman -- have operations in California. The pacts are worth a total of $250 million.NASA has taken the next small step toward reshaping its future in space travel by awarding five contracts worth as much as $250 million to aerospace companies for researching and developing propulsion systems.
Source: L.A. Times - Business | 5 Apr 2010 | 1:00 am Competition for state contracts rises in tight timesFirms vie for fewer state dollars, trying to make up for weak sales in the private sector. State government might...Source: RSS feed - channel BNPaperBusiness | 5 Apr 2010 | 1:00 am Poor cash flow? Take stock of your inventoryAlso: Reallocate assets to protect your nest egg, and how to keep tabs on payroll taxes.Dear Karen: I need better cash flow. Any tips?
Source: L.A. Times - Business | 5 Apr 2010 | 1:00 am Competition for state contracts rises in tight timesFirms vie for fewer state dollars, trying to make up for weak sales in the private sector.State government might seem like a ready, deep-pocketed customer for California small businesses, but these days there is far less money available and much more competition to get it.
Source: L.A. Times - Business | 5 Apr 2010 | 1:00 am Corporate jet expenses rise at big firmsCEOs have increased spending about 9% on the personal use of corporate jets over the last year, says a study by the Corporate Library. ...Source: RSS feed - channel BNPaperBusiness | 5 Apr 2010 | 1:00 am Poor cash flow? Take stock of your inventoryAlso: Reallocate assets to protect your nest egg, and how to keep tabs on payroll taxes. Dear Karen: I need better cash flow. Any tips?...Source: RSS feed - channel BNPaperBusiness | 5 Apr 2010 | 1:00 am Corporate jet expenses rise at big firmsCEOs have increased spending about 9% on the personal use of corporate jets over the last year, says a study by the Corporate Library.If you're a business traveler who has been flying coach to save your company money, you may need to sit down to read the following news.
Source: L.A. Times - Business | 5 Apr 2010 | 1:00 am Strawberry prices drop as late harvest hits market (AP)
Source: Yahoo! News: Business News | 5 Apr 2010 | 12:56 am Asian stocks rise on strong U.S. jobs dataSINGAPORE (Reuters) - Asian stocks rose on Monday after data showed U.S. employers created jobs last month at the fastest pace in three years, boosting hopes of a sustained economic recovery.
Source: Reuters: Business News | 5 Apr 2010 | 12:49 am Samsung, LG Display parts found in Apple iPadShares of Samsung Electronics and LG Display rise, with the companies squarely back on investors’ radar following revelations that the South Korean tech giants are both suppliers of major components used in Apple’s recently released tablet computer.
Source: MarketWatch.com - Top Stories | 5 Apr 2010 | 12:45 am Oil rises to near $86 as US jobs market improvesOil prices jumped to near $86 a barrel Monday in Asia, extending gains from last week as investors bet an improving U.S. job market will herald growing crude demand. Benchmark crude for...Source: RSS feed - channel BNewsBusiness | 4 Apr 2010 | 11:30 pm Office vacancy rate hits 16-year highNEW YORK (Reuters) - The U.S. office vacancy rate in the first quarter reached its highest level in 16 years, but the decline in rents eased and crept closer to stabilization, according to a report by real estate research firm Reis Inc.
Source: Reuters: Business News | 4 Apr 2010 | 11:26 pm Stock-market pullback may be nearGood news about jobs should give the stock market a lift, but don't expect it to hold.
Source: L.A. Times - Business | 4 Apr 2010 | 11:09 pm Marsh on Monday: Euro melodrama seems fit for the BardThe plot thickens in the euro's drama, writes David Marsh.
Source: MarketWatch.com - Top Stories | 4 Apr 2010 | 10:01 pm Vital Signs: Hedge your bets with flex-spending accountWill it take a new ceiling on flexible spending accounts to encourage people who have them to reap their benefits more completely?
Source: MarketWatch.com - Top Stories | 4 Apr 2010 | 10:01 pm 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 Is 'Jobless Recovery' Now a Misnomer? (Pundit Watch)Last week's data show a bump in payrolls, but some remain skeptical.
Source: SmartMoney.com | 4 Apr 2010 | 10:00 pm How to Pay Less for Your RentalVIDEO: Peggy Abkemeier, Rent.com's president, offers advice on the market.
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 Is California Real Estate Turning a Corner?The state led the country into the housing crisis. Now it might lead us out.
Source: SmartMoney.com | 4 Apr 2010 | 10:00 pm The Other Tax System: Navigating the AMTVIDEO: What to know when calculating your alternative minimum tax.
Source: SmartMoney.com | 4 Apr 2010 | 10:00 pm Tips to Keep Travel Costs in CheckTravel fees are on the rise. Our tips on how to vacation for less.
Source: SmartMoney.com | 4 Apr 2010 | 10:00 pm Tools to Make Online Shopping Easier (Deal of the Day)Free downloads aim to help you find better deals. Do they work?
Source: SmartMoney.com | 4 Apr 2010 | 10:00 pm Asia Markets: Weaker yen makes more Japanese easing less likelyThe weaker yen gives exporter stocks a lift, while making it much less likely the Bank of Japan will take any additional liquidity-boosting steps at its policy meeting this week. Longer term, the falling currency could help Japanese banking shares.
Source: MarketWatch.com - Top Stories | 4 Apr 2010 | 9:59 pm Extended Stay backs new proposed offer: sourceNEW YORK (Reuters) - U.S. hotels firm Extended Stay is favoring a new planned bid for it from investment companies Centerbridge Partners and Paulson & Co over a rival one on the table from a group led by Starwood Capital Group, a source familiar with the situation said on Sunday.
Source: Reuters: Business News | 4 Apr 2010 | 9:32 pm Meridian's wind farm planMeridian Energy is planning to pour hundreds of millions of dollars into new wind farms in North Canterbury.The company wants to put up 35 giant wind turbines - around 130 metres tall - on privately owned farm land in Hurunui.Spokesman...Source: nzherald.co.nz - Business | 4 Apr 2010 | 9:30 pm Asian shares advance on US jobs market recoveryAsian stock markets were mostly higher Monday after an encouraging U.S. jobs report offered the latest sign the global economy is on the mend. Japan's Nikkei 225 stock average rose 0.5...Source: RSS feed - channel BNewsBusiness | 4 Apr 2010 | 9:28 pm Caixin Online: China's looming trade deficit shadows yuan debateOfficial forecasts of an impending Chinese trade deficit come as Beijing and Washington spar over the value of the yuan.
Source: MarketWatch.com - Top Stories | 4 Apr 2010 | 9:28 pm Wilbur Ross backing Virgin Money in RBS branch bidNEW YORK (Reuters) - Billionaire investor Wilbur Ross said on Sunday he is prepared to commit up to 500 million pounds ($760 million) to support Virgin Money in its bid to buy the branch network of the Royal Bank of Scotland .
Source: Reuters: Business News | 4 Apr 2010 | 9:25 pm Asian shares modestly up in early tradingAsian stock markets made modest gains in early trading Monday after an encouraging U.S. jobs report offered the latest sign the global economy is on the mend. Japan's Nikkei 225 stock...Source: RSS feed - channel BNewsBusiness | 4 Apr 2010 | 9:23 pm Caixin Online: China market regulator accused of insider tradingA real-life soap opera is unfolding in China after a divorce case sours between a television news editor and an official of China’s securities regulatory body.
Source: MarketWatch.com - Top Stories | 4 Apr 2010 | 9:16 pm SeaFrance strike is 'to continue'A strike by French ferry workers which has disrupted cross-Channel services is due to last at least until Monday evening.Source: BBC News | Business | World Edition | 4 Apr 2010 | 8:16 pm Workers Worried Enough To Take Pay CutsThe average worker may be a bit less worried about losing his job. That is what a survey from job site Glassdoor says. About half of those surveyed said that their employers recently restructured their companies. Some believe the downsizing is over. The survey of 2,315 respondents showed that “More than half (55 percent) of these [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 4 Apr 2010 | 7:49 pm The Government And Press Both Get Unemployment WrongThe Labor Department insists that the official unemployment figure is 9.7%. Much of the media says that the government “games” the number and the real number of jobless Americans is 16.8% which includes people who work part-time but would like full-time work and those too discouraged to look at all.Gallup has come up with its [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 4 Apr 2010 | 7:32 pm Asian stock markets rise in early tradingAsian stock markets climbed in early trading Monday after an encouraging U.S. jobs report offered the latest sign the global economy is on the mend. Japan's Nikkei 225 stock average roseSource: RSS feed - channel BNewsBusiness | 4 Apr 2010 | 7:21 pm A “Most Admired Company” List Without A Single SurpriseEveryone loves Warren Buffett of Berkshire Hathaway (BRK.B) and the “never be evil” management of Google. Citigroup (C), Goldman Sachs (GS), and the other large firms on Wall St. are among the most hated in America. People surveyed particularly despised companies that got taxpayer moneyHarris Online came out with its annual list of “The 10 Most [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 4 Apr 2010 | 7:19 pm Craig Stephen's This Week in China: Hong Kong watchdog takes gloves offHong Kong is going to face more competition from stock markets globally, and it must decide if it's going to remain beholden to special interests or lift standards to become China's premier stock market, says Craig Stephen.
Source: MarketWatch.com - Top Stories | 4 Apr 2010 | 7:18 pm CEO Compensation Becomes IncomprehensibleThe New York Times and The Wall Street Journal each published their list of the compensation packages of the CEOs of the 200 largest companies, although each defined this group differently. Some of the disparity came from the fiscal years that each list covered. More troubling, other discrepancies had to do with different interpretations of [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 4 Apr 2010 | 6:59 pm Britain's Brown says bank levy accord close: reportLONDON (Reuters) - British Prime Minister Gordon Brown said the world's large economies were close to agreeing a global tax on banks to help prevent another financial crisis, the Financial Times reported on Monday.
Source: Reuters: Business News | 4 Apr 2010 | 6:37 pm AA strike vote could leave drivers strandedThe AA breakdown service and its private equity owners are braced for the result of a strike ballot on Wednesday that could leave its 15 million customers without roadside assistance for the first time in its 105-year history. Source: Latest Business News from Times Online | 4 Apr 2010 | 6:01 pm Polaroid is making a comeback: it’s all there in black and whiteThe Polaroid camera was an invention that enthralled a generation — and then suddenly it became as irrelevant as a Stone Age mallet. Only one Polaroid factory remains — at Enschede in the Netherlands — and it seems to be on the brink of reversing conventional business wisdom. Source: Latest Business News from Times Online | 4 Apr 2010 | 6:01 pm Stamp duty tax break fails to tempt first-time buyersFirst-time buyers are not yet benefiting from the Budget stamp duty tax break on homes up to £250,000, although the concession was supposed to ease their path on to the housing ladder before the general election. Source: Latest Business News from Times Online | 4 Apr 2010 | 6:01 pm The web is a kid’s game and the big boys can’t have ChatrouletteAndrey Ternovskiy is at the centre of a bidding war. The 17-year-old Russian is sitting on one of the internet’s hottest properties since Facebook and wealthy investors are offering millions to buy the concept. But the teenager is not selling — not yet, anyway. Source: Latest Business News from Times Online | 4 Apr 2010 | 6:01 pm Bank set to hold fire on rates and quantitative easingThis week’s meeting of the Bank of England Monetary Policy Committee comes just as Parliament prepares to be dissolved before a general election in May. This alone would suggest that the MPC is likely to opt to sit tight, rather than make any rate change or announcement on quantitative easing (QE) just now. The MPC’s job over the rest of the year will be closely related to the Government’s fiscal plans, as the winning party will have to outline more detailed plans on how it will tackle the dire state of the public finances. Source: Latest Business News from Times Online | 4 Apr 2010 | 6:01 pm Dash for Poland’s gas could end Russian strangleholdAmerican technology to produce shale gas is unleashing a scramble for drilling rights in Poland, where experts believe vast reserves of unconventional gas exist that could help to weaken Russia’s grip on Europe’s energy supplies. Source: Latest Business News from Times Online | 4 Apr 2010 | 6:01 pm Liverpool refinery hopes to oil sustainable wheelsEurope’s first sustainable palm oil refinery will open in Liverpool this month in a development that environmentalists and industry hope will accelerate the move away from the deforestation often associated with the crop. Source: Latest Business News from Times Online | 4 Apr 2010 | 6:01 pm Germany must save less and consume moreThe sovereign debt crisis has focused a lot of attention on the responsibility and capability of large debtor nations to mend their errant ways. No one denies that they all face a painful and protracted period of fiscal restructuring. But creditor nations also have an important role to play in resolving the crisis. This role, unfortunately, is all too quickly denied, and barely discussed. Source: Latest Business News from Times Online | 4 Apr 2010 | 6:01 pm Business big shot: Kate Swann of WH SmithKate Swann seems destined to be linked to every high-profile chief executive job that comes up in the British business world for the next decade. Source: Latest Business News from Times Online | 4 Apr 2010 | 6:01 pm George Soros backs Oxford to refresh economicsGeorge Soros is to create a new economics institute at Oxford University. Source: Latest Business News from Times Online | 4 Apr 2010 | 6:01 pm Ten of the best Easter bargainsAs retailers slash prices over the Easter weekend, here are some of the best bargains to be found on the high street.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 4 Apr 2010 | 5:43 pm Wilbur Ross backing Virgin Money in RBS branch bidNEW YORK (Reuters) - Billionaire investor Wilbur Ross said on Sunday he is prepared to commit up to 500 million pounds ($760 million) to support Virgin Money in its bid to buy the branch...Source: RSS feed - channel BNewsBusiness | 4 Apr 2010 | 5:38 pm U.S. hopes for diplomatic solution to yuan disputeThe U.S. decision to delay a report on whether China is manipulating its currency indicates hope that a diplomatic solution to the dispute can be worked out.
Source: MarketWatch.com - Top Stories | 4 Apr 2010 | 5:30 pm SpongeTech(R) Delivery Systems Business Prospects Remain Strong Despite Adverse Media, Shareholder Lawsuits and Other ActionsSource: RSS feed - channel BNewsBusiness | 4 Apr 2010 | 5:29 pm The iPad and the failings of the industryThere ought to be some soul searching going on right now among Apple's competitors. For this is not the first time the company has picked up a discredited idea and created not just a successful product, but a whole new industry. There were MP3 player before the iPod. There were smartphones before the iPhone. And there were plenty of tablet computers before the iPad, even if they did run Windows.Source: Business and financial news - CNNMoney.com | 4 Apr 2010 | 4:59 pm Much-hyped iPad proves a strong drawThousands of technology aficionados flocked to Apple’s US retail stores this weekend to pick up the computer maker’s most important new product since the introduction of the iPhone in 2007, finding ample supplies of the iPad instead of the sell-out debut analysts had predictedSource: Financial Times - US homepage | 4 Apr 2010 | 4:49 pm U.S. delays China yuan ruling ahead of Hu visitWASHINGTON (Reuters) - U.S. Treasury Secretary Timothy Geithner said on Saturday he was delaying an April 15 report on whether China manipulates its currency but pledged to press for a moreSource: RSS feed - channel BNewsBusiness | 4 Apr 2010 | 3:50 pm Seoul sovereign fund eyes private equity alternativesKorea Investment Corp, the South Korean sovereign wealth fund, is looking to increase significantly the amount of money it puts into alternative investments over the next three years as it seeks to diversify...Source: RSS feed - channel BNPaperBusiness | 4 Apr 2010 | 3:47 pm Illegal trading figures 'on par' with 2009The number of shops found to be trading illegally over the Easter weekend appears to be similar to last year, the Department of Labour says.The Department will consider the prosecution of 38 retailers after 19 were caught trading...Source: nzherald.co.nz - Business | 4 Apr 2010 | 3:42 pm SandRidge to buy Arena Resources for $1.6B (AP)AP - Oil and gas explorer SandRidge Energy Inc. is buying fellow developer Arena Resources Inc. for $1.6 billion as the continued drop in natural gas prices drives a bigger focus on oil resources, the companies said Sunday.Source: Yahoo! News: Business News | 4 Apr 2010 | 3:31 pm US banks in $2.5bn ‘Christmas capital’ gainUS banks earned $2.5bn last year from an accounting rule that enables them to book gains – known as “Christmas capital” – by buying assets at a discount, a new study showsSource: Financial Times - US homepage | 4 Apr 2010 | 3:30 pm Would-be thieves tunnel into Paris bank... againFor the second time in a week, robbers in Paris dig a tunnel to access the vaults of a bank, but flee empty-handed.Source: BBC News | Business | World Edition | 4 Apr 2010 | 3:30 pm Huawei tries to calm US fearsHuawei is in talks with US defence and intelligence agencies as part of a campaign to assuage fears about the Chinese communications equipment maker’s alleged ties to the People’s Liberation ArmySource: Financial Times - US homepage | 4 Apr 2010 | 3:29 pm Citigroup bankers accused of sex and pregnancy jokesA female investment banker is accusing Citigroup of sexual discrimination after colleagues allegedly joked about starting a sweepstake to bet how much baby weight she would gain during pregnancy and made sexually explicit references about her.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 4 Apr 2010 | 3:11 pm Rubin and Greenspan face crisis inquiryRobert Rubin, the former Treasury secretary who played a key role in financial deregulation during Bill Clinton’s presidency is to be questioned by the US financial crisis inquiry commission this weekSource: Financial Times - US homepage | 4 Apr 2010 | 3:07 pm Mining groups fear backlash in South AfricaLondon-listed mining companies are bracing themselves for a wave of ethnic violence in South Africa as tensions escalate following the murder of notorious far-right politician Eugene Terreblanche.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 4 Apr 2010 | 3:05 pm Accounting convergence threatened by EU driveIn an apparent power grab, Michel Barnier, the European Union’s new internal market commissioner, proposes reforms to the body that sets international accounting rules, potentially scotching fragile hopes of global convergenceSource: Financial Times - US homepage | 4 Apr 2010 | 2:59 pm Fifth retailers paying top rents in troubleA fifth of retailers paying top rate rents of more than £100 per sq ft are either in administration or subject to company voluntary arrangements, according to new research.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 4 Apr 2010 | 2:58 pm Investors press Gartmore to come clean on inquiryGartmore has insisted its two European star performers are not embroiled in a US regulatory probe amid mounting investor pressure for the fund manager to come clean about the investigations it faces.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 4 Apr 2010 | 2:56 pm Lack of houses for sale triggers mounting demandHousing transactions over the last two years have struck a record low, building pent-up demand from 1.5m potential buyers that is waiting to explode on to the market, according to new research.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 4 Apr 2010 | 2:53 pm SandRidge to buy Arena Resources for $1.6BArena shareholders will receive $2.50 in cash and about 4.78 shares of SandRidge stock for each Arena share held. That values the Tulsa, Okla., company at $40 per share _ a 17 percent...Source: RSS feed - channel BNewsBusiness | 4 Apr 2010 | 2:52 pm Macro hedge funds fail to profit from crisisThe industry, which specialises in bets on interest rates, sovereign bonds and currencies, has lost on average 1.25 per cent on investments so far this yearSource: Financial Times - US homepage | 4 Apr 2010 | 2:47 pm Alan Greenspan upbeat on US economyThe former chairman of the US Federal Reserve, has said there is "momentum building up" in the US economy.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 4 Apr 2010 | 2:44 pm Life on Mars? The answer may come from LeicesterBritain's major role in exploring the Red Planet will also benefit those on Earth.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 4 Apr 2010 | 2:25 pm Stress and the key to coping with itThe second exclusive extract from John Timpson's latest book Upside Down ManagementSource: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 4 Apr 2010 | 1:56 pm Terra Firma could sell stake in EMI if investors refuse to cough upEMI, the struggling music label owned by billionaire Guy Hands's private equity fund, may be forced to sell shares to new investors if its current backers refuse to take part in a £120m plan to save it from the hands of its lender Citigroup.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 4 Apr 2010 | 1:40 pm 'Clash of the Titans' opens big, Tyler Perry finds 'Married' bliss, and 'Dragon' shows some fireSource: RSS feed - channel BNPaperBusiness | 4 Apr 2010 | 1:14 pm 'Clash of the Titans' opens big, Tyler Perry finds 'Married' bliss, and 'Dragon' shows some fire
Source: L.A. Times - Business | 4 Apr 2010 | 1:14 pm Economic Outlook: Central banks' meetings in spotlightThis week is relatively quiet regarding data after the Easter holidays in many countries, but there remain some announcements and events capable of moving markets. These include several central bank policy...Source: RSS feed - channel BNPaperBusiness | 4 Apr 2010 | 1:00 pm 21 best money tips everSome of the nation's leading business owners, investors, and thinkers share their thoughts on rebuilding your wealth.Source: Business and financial news - CNNMoney.com | 4 Apr 2010 | 12:56 pm Economic tide has turned - White HouseThe slow but steady U.S. economic recovery appears set to continue, with underlying indicators signaling a growing strength, some of the nation's senior economists said Sunday.Source: Business and financial news - CNNMoney.com | 4 Apr 2010 | 12:36 pm Italy still unable to see beyond BerlusconiLast week's regional elections in Italy provided an opportunity for a change of direction that could lead to a new season of reform. The elections followed months of uncertainty, with Prime Minister Silvio...Source: RSS feed - channel BNPaperBusiness | 4 Apr 2010 | 12:34 pm U.S. expects accelerating job creationWASHINGTON (Reuters) - The Obama administration expects U.S. job creation to quicken but economic recovery has a long way to go despite improved trends, White House officials said on Sunday.
Source: Reuters: Business News | 4 Apr 2010 | 12:33 pm Private imports allowed into GazaIsrael allows 10 truckloads of clothes for Palestinian traders into the Gaza Strip for the first time since 2007.Source: BBC News | Business | World Edition | 4 Apr 2010 | 12:32 pm US must not gamble on the renminbiSacrificing agreements in areas such as global nuclear security for an empty gesture on China’s currency policy would be mad, writes Clive CrookSource: Financial Times - US homepage | 4 Apr 2010 | 12:08 pm Calif. climate law under assault in poor economyFour years ago, California earned accolades for adopting a law that would slash its greenhouse gas emissions and serve as a model for national climate change legislation. With the state...Source: RSS feed - channel BNewsBusiness | 4 Apr 2010 | 11:53 am Water bills go up in down economy as usage drops (AP)
Source: Yahoo! News: Business News | 4 Apr 2010 | 11:35 am Water bills go up in down economy as usage dropsThe grim economy is hitting some consumers in the wallet in yet another way: their water bills. Many water utilities are raising rates because water use is down. That's partly because...Source: RSS feed - channel BNewsBusiness | 4 Apr 2010 | 11:35 am IMF chief urges Jordan to balance education, market needs (AFP)
Source: Yahoo! News: Business News | 4 Apr 2010 | 11:05 am Unilever warning on ‘shareholder value’‘I do not work for the shareholder, to be honest; I work for the consumer, the customer’Source: Financial Times - US homepage | 4 Apr 2010 | 11:05 am CEO pay down 15 percent, Ellison tops list: NYTNEW YORK (Reuters) - The average compensation for chief executives at the largest publicly traded U.S. companies fell 15 percent last year to $9.53 million, a decline attributable to the falling value of stock and option awards, the New York Times said on Sunday.
Source: Reuters: Business News | 4 Apr 2010 | 10:00 am When charity begins at the officeSome have had enough of climbing the greasy pole and want a less stressful work environment, although they don't always find that.For some not-for-profit organisations, corporate types can have a beneficial impact. Business-minded...Source: nzherald.co.nz - Business | 4 Apr 2010 | 10:00 am Tax reforms require a close look at the numbers"We need to stop the tax system creating the wrong incentives," said Treasury Secretary John Whitehead in a speech last week.Citing Inland Revenue data, Whitehead said 1996 was the last year that more people made profits than...Source: nzherald.co.nz - Business | 4 Apr 2010 | 10:00 am Car phone-satnav combo seeks out new customersIf you're one of the majority of New Zealand motorists getting from A to B perfectly well without the help of a GPS, new ploys are being dreamed up to get your custom.Dutch company TomTom sells its navigation software for Apple's...Source: nzherald.co.nz - Business | 4 Apr 2010 | 10:00 am Twiggy's new fashion trendBack in the mod 1960s, when Twiggy conquered London and fashion changed forever, the waif of a teen with huge eyes, a boyish bob and long legs craved the glamour and curves of a different icon."Whether you're thin, fat, small,...Source: nzherald.co.nz - Business | 4 Apr 2010 | 10:00 am Google buys live video firmSAN FRANCISCO - Google is bringing in some extra help for its YouTube video service with the acquisition of another start-up.The purchase of Episodic marks Google's fifth acquisition this year. Terms of the deal, announced on...Source: nzherald.co.nz - Business | 4 Apr 2010 | 10:00 am Geithner gambling on Beijing strengthening yuanUnited States Treasury Secretary Timothy Geithner delayed a scheduled April 15 report to Congress on exchange-rate policies, sidestepping a decision on whether to accuse China of manipulating the value of the yuan.Geithner urged...Source: nzherald.co.nz - Business | 4 Apr 2010 | 10:00 am US employment rise adds weight to belief recession is overWASHINGTON - The biggest increase in employment in three years makes it pretty clear the deepest US recession since the 1930s has ended, said the head of the group charged with making the call.Payrolls rose by 162,000 workers...Source: nzherald.co.nz - Business | 4 Apr 2010 | 10:00 am Stocks may fly on jobs, profit hopes (Reuters)Reuters - Optimism about an improving labor market and corporate profits could propel U.S. stocks higher this week as earnings season approaches.Source: Yahoo! News: Stock Markets News | 4 Apr 2010 | 9:20 am Stocks may fly on jobs, profit hopesNEW YORK (Reuters) - Optimism about an improving labor market and corporate profits could propel U.S. stocks higher this week as earnings season approaches.
Source: Reuters: Business News | 4 Apr 2010 | 9:20 am Child abuse overshadows Pope’s EasterAsked if the Pope had done wrong in the past in failing to deal decisively with predator priests – as reported in Germany and the US – one man replied: ‘God will judge’Source: Financial Times - US homepage | 4 Apr 2010 | 9:14 am Starbucks goes upmarket with Seattle test cafeSEATTLE (Reuters) - Heavy velvet curtains, indie movie nights, single-origin coffees, wine and beer, mouth-watering organic pastries and gourmet cheese and meat plates -- this is Starbucks?
Source: Reuters: Business News | 4 Apr 2010 | 6:03 am Did Apple sell 700,000 iPads On First DayThe estimates for first day sales of the Apple (AAPL) iPad have begun to come out. They are useless, educated guesses at the best. Apple has not give out any numbers and may never. That makes analyst figures academic unless they had a person at ever cash register at every Apple store. Gene Munster of Piper [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 4 Apr 2010 | 4:25 am
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