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Obama pushes passage of Wall Street reform bill (AP)
Source: Yahoo! News: Business News | 15 May 2010 | 4:09 am Obama pushes Wall Street reform with populismWASHINGTON (Reuters) - President Barack Obama on Saturday called for swift Senate action on a sweeping overhaul of Wall Street rules to "secure America's economic future" as a reform bill moves into the decisive stage next week.
Source: Reuters: Business News | 15 May 2010 | 4:05 am Auto Review: 2010 Mitsubishi Outlander: Serious midsize muscleThere have been any number of vehicles tested here over the years that needed just a touch or three of refinement to put them over the top. Enter the 2010 Outlander that got a few classes in charm school and can now, for the most part, hold its own with anyone in the segment.
Source: MarketWatch.com - Top Stories | 15 May 2010 | 4:01 am Officials: 633 NYC cabbies routinely overcharge (AP)AP - A New York City commission says 633 taxi drivers have been routinely overcharging riders, and those drivers could lose their licenses.Source: Yahoo! News: Business News | 15 May 2010 | 3:51 am ECB's Trichet seeks quantum leap in budget oversightBERLIN (Reuters) - European Central Bank President Jean-Claude Trichet denied the euro is under speculative attack despite its steep fall, and called instead for a quantum leap in monitoring to ensure government budgets are kept under control.
Source: Reuters: Business News | 15 May 2010 | 3:44 am BP works on another attempt to plug oil leak (AP)
Source: Yahoo! News: Business News | 15 May 2010 | 3:36 am Iraq to boost oil output 'above 3 mln bpd in 2011' (AFP)
Source: Yahoo! News: Business News | 15 May 2010 | 2:56 am TonenGeneral mulls action as rivals cut capacityTOKYO, May 15 (Reuters) - Exxon Mobil Japan group refiner TonenGeneral Sekiyu KK is considering whether to cut refining capacity as some rivals have done because of declining domestic oil demand, a company...Source: RSS feed - channel BNewsBusiness | 15 May 2010 | 2:14 am Actors lose out on health benefits as SAG, AFTRA keep separate plansActors find it increasingly difficult to meet earnings thresholds for receiving benefits, because their income is carved up between the unions. That's one reason a merger is again under discussion. ...Source: RSS feed - channel BNPaperBusiness | 15 May 2010 | 1:00 am No smoking at Pasadena's new Westgate ApartmentsWhen all 480 units are complete, Westgate will be one of the largest smoke-free apartment complexes in L.A. County, a housing expert says. Developer Sares-Regis is seeking a LEED certification. ...Source: RSS feed - channel BNPaperBusiness | 15 May 2010 | 1:00 am Just saying 'no' to stocksFinancial planner Janet Briaud knows full well her industry's standard lines about the stock market.
Source: L.A. Times - Business | 15 May 2010 | 1:00 am Abundant snowfall a big lift for state's ski resortsThe Sierra Nevada snowpack is 143% of normal, the California Department of Water Resources reports.Thanks to abundant snowfall this winter and spring, California's ski resorts have drawn about 7.5 million visitors this season, up from 6.7 million last season, according to the California Ski Industry Assn.
Source: L.A. Times - Business | 15 May 2010 | 1:00 am Judge selects lawyers in Toyota litigationA federal judge in Santa Ana appointed four attorneys Friday to oversee hundreds of lawsuits accusing Toyota Motor Corp. of selling dangerous vehicles.
Source: L.A. Times - Business | 15 May 2010 | 1:00 am Abundant snowfall a big lift for state's ski resortsThe Sierra Nevada snowpack is 143% of normal, the California Department of Water Resources reports. Thanks to...Source: RSS feed - channel BNPaperBusiness | 15 May 2010 | 1:00 am Search warrant in iPhone raid is unsealedApple CEO Steve Jobs personally asked Gizmodo.com to return the wayward phone, according to documents unsealed Friday. ...Source: RSS feed - channel BNPaperBusiness | 15 May 2010 | 1:00 am Just saying 'no' to stocksFinancial planner Janet Briaud knows full well her industry's standard lines about the stock market.Source: RSS feed - channel BNPaperBusiness | 15 May 2010 | 1:00 am NYSE trading floor empties out as trading moves to electronic exchangesThe 'flash crash' highlights the Big Board's loss of stock market dominance.For 15 minutes last week, the New York Stock Exchange was bustling like it was 1999.
Source: L.A. Times - Business | 15 May 2010 | 1:00 am NYSE trading floor empties out as trading moves to electronic exchangesThe 'flash crash' highlights the Big Board's loss of stock market dominance. For 15 minutes last week, the New...Source: RSS feed - channel BNPaperBusiness | 15 May 2010 | 1:00 am Search warrant in iPhone raid is unsealedApple CEO Steve Jobs personally asked Gizmodo.com to return the wayward phone, according to documents unsealed Friday.Apple Inc. persuaded a Silicon Valley law enforcement task force to investigate the loss of a secret iPhone prototype, claiming that the phone was "invaluable" and calling revelations of its features "immensely damaging" to the company, according to documents unsealed Friday.
Source: L.A. Times - Business | 15 May 2010 | 1:00 am Judge selects lawyers in Toyota litigationA federal judge in Santa Ana appointed four attorneys Friday to oversee hundreds of lawsuits accusing Toyota Motor Corp. of selling dangerous vehicles.Source: RSS feed - channel BNPaperBusiness | 15 May 2010 | 1:00 am Coalition government: how to beat a rise in capital gains taxThe new coalition government has hinted that CGT is likely to rise sharply.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 15 May 2010 | 12:40 am Toyota planned to discredit congressional witnesses: report (AFP)
Source: Yahoo! News: Business News | 15 May 2010 | 12:30 am BA in legal action to stop strikeThe airline will go to court to prevent a cabin crew strike - the transport secretary expresses surprise at the move.Source: BBC News | Business | World Edition | 14 May 2010 | 11:41 pm Exclusive: Waddell is mystery trader in market plungeNEW YORK (Reuters) - A big mystery seller of futures contracts during the market meltdown last week was not a hedge fund or a high-frequency trader as many have suspected, but money manager Waddell & Reed Financial Inc, according to a document obtained by Reuters.
Source: Reuters: Business News | 14 May 2010 | 11:34 pm BHP, Rio iron venture plan might be reconsidered: reportSINGAPORE (Reuters) - BHP Billiton and Rio Tinto might re-evaluate plans to merge their Western Australian iron ore operations if an agreement is not reached by year end, the Wall Street Journal said on Saturday.
Source: Reuters: Business News | 14 May 2010 | 11:12 pm Yanglin Soybean, Inc. Reports 2010 Q1 Quarterly Financial ResultsSource: RSS feed - channel BNewsBusiness | 14 May 2010 | 11:10 pm BP chief backs future of drillingBP's boss says the Gulf of Mexico disaster should not end deep-water drilling but admits it is a "transforming event".Source: BBC News | Business | World Edition | 14 May 2010 | 10:30 pm How to Make Sure Your Bonds Are SafeHow to make sure your municipal bond investment is safe.
Source: SmartMoney.com | 14 May 2010 | 10:01 pm Municipal Bonds: DerailedThe scale is still small, but more muni bonds are running into trouble.
Source: SmartMoney.com | 14 May 2010 | 10:01 pm Market Snapshot: U.S. stocks to stay on shaky ground in week aheadEuropean debt to remain an issue, along with financial-reform moves in Washington.
Source: MarketWatch.com - Top Stories | 14 May 2010 | 10:01 pm Stocks to Watch: Stocks in focus Monday: Lowe's, Agilent, GoldmanAmong the companies whose shares are expected to see active trade in Monday's session are Lowe's Cos., Agilent Technologies Inc., and Goldman Sachs Group Inc.
Source: MarketWatch.com - Top Stories | 14 May 2010 | 10:01 pm Death toll from Thai clashes rises to 16At least 16 people were killed and more than 100 injured as running street battles between Thai troops and anti-government protesters in downtown Bangkok turned the city’s commercial district into a battlefieldSource: Financial Times - US homepage | 14 May 2010 | 8:44 pm California 'must slash spending'California Governor Arnold Schwarzenegger says the state must slash spending to deal with a $19bn budget deficit.Source: BBC News | Business | World Edition | 14 May 2010 | 8:23 pm Actors lose out on health benefits as SAG, AFTRA keep separate plansActors find it increasingly difficult to meet earnings thresholds for receiving benefits, because their income is carved up between the unions. That's one reason a merger is again under discussion.Fred Ochs' second career as an actor took off last year. The 62-year-old former software engineer landed gigs on nine TV shows, playing the singing policeman in the crime series "The Mentalist," Judge Belford in Showtime's dark "Dexter" and a probate attorney in the A&E drama "The Cleaner."
Source: L.A. Times - Business | 14 May 2010 | 8:10 pm No smoking at Pasadena's new Westgate ApartmentsWhen all 480 units are complete, Westgate will be one of the largest smoke-free apartment complexes in L.A. County, a housing expert says. Developer Sares-Regis is seeking a LEED certification.The 480 apartments coming to market in Pasadena don't look much different from the competition, but they do smell different. Smoking isn't allowed anywhere on the premises.
Source: L.A. Times - Business | 14 May 2010 | 8:07 pm Goldman joins effort to rescue Chicago bankWASHINGTON/NEW YORK (Reuters) - Goldman Sachs Group Inc and a consortium of other top banks are part of an effort to save ShoreBank Corp, a Chicago bank with Washington ties, a community...Source: RSS feed - channel BNewsBusiness | 14 May 2010 | 7:52 pm Goldman joins effort to rescue Chicago bankWASHINGTON/NEW YORK (Reuters) - Goldman Sachs Group Inc and a consortium of other top banks are part of an effort to save ShoreBank Corp, a Chicago bank with Washington ties, a community activist close to the institution said on Friday.
Source: Reuters: Business News | 14 May 2010 | 7:52 pm Nebraska joins other states in fight over feeNebraska and 22 other states are demanding that Topix reform its website practices and drop a $19.99 fee it charges for faster reviews of inappropriate posts on its forums. Topix CEO...Source: RSS feed - channel BNewsBusiness | 14 May 2010 | 7:34 pm British minister takes tough line with banksThe business minister in the new British government warned banks on Saturday there would be no return to the "status quo" and they faced being broken up and having tougher curbs on bonuses.Source: RSS feed - channel BNewsBusiness | 14 May 2010 | 7:21 pm Sao Carlos Empreendimentos Reports Good Profitability in 1Q10: EBITDA and FFO Margins of 88% and 56% RespectivelySource: RSS feed - channel BNewsBusiness | 14 May 2010 | 7:06 pm IMF approves release of $1.13 bln to Pakistan (AFP)
Source: Yahoo! News: Business News | 14 May 2010 | 7:03 pm Stocks plunge again on European debt worriesThe Dow closes down 1.5% and broader indexes fall more sharply after another day of violent gyrations. It seems...Source: RSS feed - channel BNPaperBusiness | 14 May 2010 | 6:54 pm Stocks plunge again on European debt worriesThe Dow closes down 1.5% and broader indexes fall more sharply after another day of violent gyrations.It seems a trillion dollars can do only so much.
Source: L.A. Times - Business | 14 May 2010 | 6:54 pm Nicaraguan workers deny conspiracy against Dole (AP)AP - Several banana workers denied Friday they were part of a conspiracy to defraud Dole Foods Co. by falsely claiming in a damage lawsuit to have worked on a banana plantation and been made sterile by pesticides.Source: Yahoo! News: Business News | 14 May 2010 | 6:53 pm Euro-zone troubles may keep stocks on edgeNEW YORK (Reuters) - Stocks could face more volatility next week as growing doubts about whether Europe can solve its deepening debt crisis are likely to take center stage again.
Source: Reuters: Business News | 14 May 2010 | 6:48 pm U.S. lawmakers to hold hearing on J&J recall May 27NEW YORK, May 14 (Reuters) - U.S. lawmakers will hold a hearing on Johnson & Johnson's recall of Children's Tylenol and other over-the-counter medicines later this month, and have asked the company's...Source: RSS feed - channel BNewsBusiness | 14 May 2010 | 6:44 pm US-SKorea trade deal a victim of US politicsLeading senators and a group of former officials are pushing the Obama administration to send a stalled U.S.-South Korean free trade deal to Congress. But with November elections looming,...Source: RSS feed - channel BNewsBusiness | 14 May 2010 | 6:40 pm 'Shocking' conditions at Tylenol plantThe quality and safety violations that led to the shutdown of a Tylenol plant were extremely serious, and could lead to tough action by regulators on drugmaker Johnson & Johnson.Source: Business and financial news - CNNMoney.com | 14 May 2010 | 6:29 pm Google mistakenly collected WiFi dataGoogle Inc. disclosed Friday that its Street View cars had mistakenly collected data about the Web sites users were visiting on open wireless Internet networks.Source: Business and financial news - CNNMoney.com | 14 May 2010 | 6:10 pm Guy Hands gives EMI some breathing spaceThe spectre of foreclosure was temporarily lifted from EMI last night as Guy Hands promised to inject another £105 million into the record label. Source: Latest Business News from Times Online | 14 May 2010 | 6:01 pm Royal Bank of Scotland trims Stephen Hester bonuses after protestThe bonus package for Royal Bank of Scotland’s chief executive has been watered down after shareholders’ protests. Source: Latest Business News from Times Online | 14 May 2010 | 6:01 pm Many careers were hurt by Labour’s doomed HIPs ideaOne of the first acts of the new Government was to strangle the amazingly pointless Home Information Pack (HIP). This was the ill-fated scheme dreamt up by the previous Government in a bid to make home buying easier. Instead, this example of spectacular political mismanagement just drove up the cost of buying a new property. Source: Latest Business News from Times Online | 14 May 2010 | 6:01 pm What next for Vince Cable?The Tories are only in it “to get their noses in the trough to reward their rich backers”. Their proposal to use efficiency savings to finance tax cuts is “utterly incredible”. Quantitative easing, as practised by the Bank of England, “comes from the Robert Mugabe school of economics”. The City is a place of “unfettered greed and rewards stupidity and failure” and bankers “are lucky the British have no guillotines in stock”. And anyone who owns a mansion worth more than £1 million should pay a 0.5 per cent property tax. Source: Latest Business News from Times Online | 14 May 2010 | 6:01 pm At leisure: Casting a line into relaxationIt is a momentous Monday morning in early May, four days after the most tumultuous general election in decades. The Conservatives have begun talks with the Liberal Democrats to form a coalition government, with David Cameron set to be the new prime minister. Stock and bond markets across Europe are rallying after the European Central Bank starts to buy eurozone government bonds as part of a bailout plan for the bloc’s most indebted countries. And the Bank of England is debating before a noon judgment whether to increase the cost of borrowing or pump fresh funds into the financial system. Source: Latest Business News from Times Online | 14 May 2010 | 6:01 pm Relief for Pru as path cleared to buy AIAThe Prudential last night secured clearance from the City regulator to press ahead with its $35.5 billion takeover bid for AIA in Asia $— handing the British insurer and its chief executive, Tidjane Thiam, a massive boost to their chances of completing the deal. Source: Latest Business News from Times Online | 14 May 2010 | 6:01 pm Outlook is bright for equitiesWe don’t know by how much public spending will be cut, or by how much taxes will rise but we know that they’re coming. But for investors in UK equities, that prospect should not alarm — at least according to Goldman Sachs. Source: Latest Business News from Times Online | 14 May 2010 | 6:01 pm Sino-Global Announces Third Fiscal Quarter 2010 Financial ResultsSource: RSS feed - channel BNewsBusiness | 14 May 2010 | 6:00 pm UPDATE 3-Google says mistakenly got wireless data* Says Street View cars accidentally captured public dataSource: RSS feed - channel BNewsBusiness | 14 May 2010 | 5:59 pm Euro-zone troubles may keep stocks on edge (Reuters)
Source: Yahoo! News: Stock Markets News | 14 May 2010 | 5:49 pm Shares fall on US debit card fees planA proposal to regulate fees paid by US retailers on debit card swipes in the Senate’s financial reform bill led to a sharp drop in the shares of Visa, MasterCard and leading banksSource: Financial Times - US homepage | 14 May 2010 | 5:45 pm Midwest Bank, other failures bring '10 tally to 72The closure on Friday of Midwest Bank and Trust Co., which had over $5 billion in deposits and assets, helped bring the number of U.S. bank failures for the year to 72.
Source: MarketWatch.com - Top Stories | 14 May 2010 | 5:39 pm Google accidentally gathered WiFi dataGoogle reversed course and admitted it had accidentally collected information sent over unsecured wireless networks in homes it had photographed for its Street View service.Source: Financial Times - US homepage | 14 May 2010 | 5:18 pm Goldman to look at suitability of complex productsGoldman Sachs Group Inc. unveiled details late Friday of a new Business Standards Committee that the firm has set up to bolster the investment bank's client focus and increase the transparency of its activities.
Source: MarketWatch.com - Top Stories | 14 May 2010 | 5:07 pm Earnings Watch: Updates, advisories and surprisesA roundup of the latest corporate earnings reports and what companies are saying about future quarters.
Source: MarketWatch.com - Top Stories | 14 May 2010 | 5:01 pm Financial Stocks: Financials weak; Waddell down on flash crash linkU.S. financial stocks lead the broader market lower Friday, in part as Europe's debt storm takes center stage.
Source: MarketWatch.com - Top Stories | 14 May 2010 | 5:00 pm Google stops selling Nexus onlineSearch giant Google is closing its Web store after just five months and will sell its Nexus smartphone in traditional retail outlets.Source: BBC News | Business | World Edition | 14 May 2010 | 4:57 pm Goldman committee to review firm's conflictsNEW YORK (Reuters) - Goldman Sachs Group Inc said it is setting up an internal committee to look at how the company deals with potential conflicts of interest and how it can better disclose what it does.
Source: Reuters: Business News | 14 May 2010 | 4:53 pm Write-Offs: 05.14.10
$$$ Young Dan Madoff Takes One for the Team in Flying-Bagel Incident [NYM] $$$ Geithner Says He’s Confident Europe Will `Manage Through‘ Financial Crisis [Bloomberg] $$$ Tepper’s Deal For Corzine’s Hampton’s Estate [WSJ] $$$ Bear Stearns Falsified Information as Raters Shrugged [The Atlantic] 
 Source: Dealbreaker | 14 May 2010 | 4:50 pm Lions Gate and Icahn in settlement talksAs the stakes continue to mount in their war for control of the company, executives at Lions Gate Entertainment have been in talks with representatives of activist investor Carl Icahn about a potential...Source: RSS feed - channel BNPaperBusiness | 14 May 2010 | 4:46 pm Buchheit Discusses Greek Debt Restructuring: BLAWSource: Bloomberg - All Podcasts | 14 May 2010 | 4:46 pm Obama turns BP anger on regulatorsPresident Barack Obama blasted Washington’s ‘cosy’ relationship with the oil and gas industry, admitting that federal government failures were partly to blame for the devastating oil spill in the Gulf of Mexico.Source: Financial Times - US homepage | 14 May 2010 | 4:43 pm Stocks slide as retailers, financials weighNEW YORK (Reuters) - Stocks fell on Friday on a combination of weak earnings from retailers, Senate backing for limits on credit card fees and concerns over the sustainability of European public debt.
Source: Reuters: Business News | 14 May 2010 | 4:42 pm EMI raises enough cash to fend off foreclosure (AP)AP - British recording company EMI Group Ltd. said Friday it has raised enough cash to fend off foreclosure by its main lender, Citigroup.Source: Yahoo! News: Business News | 14 May 2010 | 4:40 pm Letters: Job creation and moreTess Vigeland reviews what listeners had to say about Marketplace stories on taking the long view on the markets and job creation as a fix for the unemployment problem.Source: Marketplace Money | 14 May 2010 | 4:34 pm Euro plunge undermines bail-out gains22.20 BST: Stronger-than-expected US industrial production numbers and retail sales figures failed to lift the mood of global investors on Friday as worries about eurozone sovereign debt intensified, sending...Source: RSS feed - channel BNPaperBusiness | 14 May 2010 | 4:31 pm Summary Box: Stocks fall after euro slides anew (AP)AP - ANOTHER DROP: The Dow Jones industrial average fell 163 points after concerns grew that spending cuts under Europe's bailout plan would hurt the global economy.Source: Yahoo! News: Stock Markets News | 14 May 2010 | 4:25 pm Getting PersonalTess Vigeland and David Lazarus of the Los Angeles Times take your questions on store credit, buying a home and some car loan co-sign drama.Source: Marketplace Money | 14 May 2010 | 4:23 pm Google says it mistakenly collected private dataSAN FRANCISCO (MarketWatch) -- Google Inc. disclosed on Friday that it has mistakenly collected private information about Internet users' data, including the Web sites they visit, from unprotected wireless networks as it compiled information for part of its mapping service.
Source: MarketWatch.com - Top Stories | 14 May 2010 | 4:21 pm Microsoft CFO sees boost from tech spendNEW YORK (Reuters) - Microsoft Corp is expecting a boost this quarter from a rebound in business tech spending, likely outweighing negative effects from turmoil in Europe, the software giant's chief financial officer told Reuters on Friday.
Source: Reuters: Business News | 14 May 2010 | 4:20 pm India’s Hindus take a shine to silverWith the price of gold surging to an all-time high of almost $1,250 a troy ounce, many Indians are switching to silver as a cheaper alternativeSource: Financial Times - US homepage | 14 May 2010 | 4:19 pm Stocks slide as retailers, financials weigh (Reuters)
Source: Yahoo! News: Stock Markets News | 14 May 2010 | 4:18 pm Stocks take a hitStocks slumped Friday on worries that Europe's economic woes could spread to the United States, while the euro fell to 18-month lows versus the dollar and gold hit fresh records.Source: Business and financial news - CNNMoney.com | 14 May 2010 | 4:16 pm How the major stock indexes fared on Friday (AP)AP - Stocks tumbled for a second day Friday after concerns grew that the deep spending cuts under Europe's bailout plan would slow a global recovery.Source: Yahoo! News: Stock Markets News | 14 May 2010 | 4:16 pm Fears grow over weaker euroThe euro has tumbled to its lowest level in 18 months and might be entering a period of sustained weakness, analysts believe, on fears of years of weak economic growth as austerity measures across the continent biteSource: Financial Times - US homepage | 14 May 2010 | 4:16 pm Stocks tumble as worries about Europe return (AP)
Source: Yahoo! News: Business News | 14 May 2010 | 4:12 pm Stocks tumble as worries about Europe return (AP)
Source: Yahoo! News: Stock Markets News | 14 May 2010 | 4:12 pm New Calif. budget calls for deep cuts, more taxesCiting the most severe economic downturn since the Great Depression, California Gov. Arnold Schwarzenegger lays out a draconian plan to close an estimated $19 billion budget gap with steep spending cuts and higher taxes.
Source: MarketWatch.com - Top Stories | 14 May 2010 | 4:09 pm Canadian Markets: Canada stocks dragged lower by European debt woesCanadian stocks post broad-based losses Friday as lingering worries about Europe's fiscal stability further battered sentiment.
Source: MarketWatch.com - Top Stories | 14 May 2010 | 4:01 pm Analyst Attempting 8 DoubleDowns In 60 Minutes
15 minutes elapsed, 45 to go: Two DD’s down, rounding on the third one. Colleague says: “Did I mention he’s washing down with a Foster’s oil can? A for effort.” (Furthermore: “You might like to know that the only KFC in midtown that could handle this volume was at Grand Central. Two separate DoubleDown runs were required.”) 25 minutes elapsed, 35 to go: 3 sandos down. “Kid is going strong! Big short squeeze at 4. I made a big market there and am going to probably need to hit the ATM.” 30 down, 30 to go: “Brick wall at 3.5. The market for 4’s is coming back. This kid’s gonna boot any minute now.” 35 down, 25 to go: “He’s absolutely gagging, loudly, on 4. This is not happening. People aren’t supposed to be this color. Looks like something out of a horror movie. He just said he can’t even smell them anymore. Are you kidding me? It smells like a fucking fryolator in here.” FAIL AT 45 MINUTES ELAPSED: “And so it ends with a massive vomit at 4. In happier news, I was principle market maker at 4. I just destroyed on that trade. A perfect call. But seriously? That kid is in need of medical attention.”
Source: Dealbreaker | 14 May 2010 | 4:00 pm European Debt, U.S. Stock Market, Hain Celestial: Taking StockSource: Bloomberg - All Podcasts | 14 May 2010 | 3:56 pm VAT should be imposed on food and children's clothes, says IMFDavid Cameron should use this summer's emergency Budget to raise VAT on a host of excluded products, including food and children's clothes, the International Monetary Fund signalled yesterday.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 14 May 2010 | 3:54 pm BP oil spill raises fears of high-stakes hurricane seasonBP's oil spill could make for one of the highest-stakes US Gulf hurricane seasons on record.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 14 May 2010 | 3:50 pm IMF says nations must cut deficitThe IMF says if developed nations do not rein in their deficits they risk harming their future economic growth.Source: BBC News | Business | World Edition | 14 May 2010 | 3:46 pm The journey back from brink is proving slowPolitics has changed for ever, we were told this week. Perhaps it has. But economics assuredly has not. The same iron laws apply. Overextended borrowers are eventually punished. Profligacy has to be followed by restraint and thrift. Borrowers, even AAA-rated nation states, have no god-given right to credit. And austerity stifles growth. Source: Latest Business News from Times Online | 14 May 2010 | 3:30 pm Selloff Sends ETFs and Stocks Reeling (Daily ETF Wrap-Up)Late-session drop on European bourse hits U.S. indexes hard.
Source: SmartMoney.com | 14 May 2010 | 3:22 pm Penney joins retail profit party; outlook muted (AP)
Source: Yahoo! News: Business News | 14 May 2010 | 3:12 pm Daimler to pull shares off New York Stock Exchange (AP)
Source: Yahoo! News: Stock Markets News | 14 May 2010 | 3:09 pm The Friday Podcast: We See Angelina's Bottom Line Raise your hand if you lost money. (Lucy Nicholson/AFP/Getty) There's this weird thing in the movie business: Almost all movies lose money. Except they don't, really. On today's Planet Money, Edward Jay Epstein, the author of a recent book called The Hollywood Economist, explains the business of movies. As a case study, he walks us through the numbers for "Gone In 60 Seconds." (It starred Angelina Jolie and Nicolas Cage. They stole cars. Don't pretend like you don't remember it.) The movie grossed $240 million at the box office. And, after you take out all the costs and fees and everything associated with the movie, it lost $212 million. This is the part of Hollywood accounting that is, essentially, fiction. Disney, which produced the movie, did not lose that money. Each movie is set up as its own corporation. So what "lost money" on the picture is that corporation -- Gone In 60 Seconds, Inc., or whatever it was called. And Gone In 60 Seconds, Inc. pays all these fees to Disney and everyone else connected to the movie. And the fees, Epstein says, are really where the money's at. This system is partly a historical accident. But, Epstein says, all the accounting tricks can also help protect the egos of Hollywood's finest: They allow actors to say they're landing huge contracts to make movies, even when the actors may never see most of that money. Download the podcast, or subscribe. Music: Lupe Fiasco's "Superstar." Find us: Twitter/ Facebook/ Flickr. After the jump: A trailer from "Gone In 60 Seconds." » E-Mail This » Add to Del.icio.us Source: NPR Blogs: Planet Money | 14 May 2010 | 3:00 pm Even at These Prices, Keep Hold of Your Gold (Ahead of the Curve)Luskin: The price of gold has been soaring, but don't sell just yet.
Source: SmartMoney.com | 14 May 2010 | 2:59 pm Financial system's stress index spikesSource: Business and financial news - CNNMoney.com | 14 May 2010 | 2:46 pm Do I have to put my kid through grad school?Source: Business and financial news - CNNMoney.com | 14 May 2010 | 2:45 pm Stocks End Week With Another Plunge (Market Update)European slides push U.S. indexes. Earnings letdowns from some retailers offset sales gains.
Source: SmartMoney.com | 14 May 2010 | 2:40 pm Battle Between Raj and WSJ Continues
Well, McCarthy doesn’t seem to have gotten the response he was looking for. In a new letter to deputy managing editor Alix Freeman, released yesterday on Raj’s new web site, McCarthy claims Siconolfi scheduled a call to talk about the issue, but wouldn’t talk unless the conversation remained under wraps.
McCarthy clearly believes the government is leaking sensitive information about the case against Raj to WSJ investigative reporter Susan Pulliam and he has also written a letter to Attorney General Eric Holder asking him to look into the leaks. McCarthy’s firm, which helped decriminalize Peyote use among American Indians, is known for fighting back against attacks against its clients.
Source: Dealbreaker | 14 May 2010 | 2:36 pm Shares fall on fears over EuropeShares fall sharply as fears continue about the impact of financial austerity measures in Greece, Portugal and Spain.Source: BBC News | Business | World Edition | 14 May 2010 | 2:35 pm Waddell & Reed responds to 'flash crash' reportInvestment firm Waddell & Reed responded Friday to a media report that it placed a large sell order for certain stock futures that regulators believe may have contributed to last week's brief-but-historic stock market crash.Source: Business and financial news - CNNMoney.com | 14 May 2010 | 2:30 pm Ex-Sun CEO takes high road after Ellison attackNEW YORK (Reuters) - Former Sun Microsystems Chief Executive Jonathan Schwartz is taking the high road after getting a public tongue lashing from Silicon Valley's richest man, Larry Ellison.
Source: Reuters: Business News | 14 May 2010 | 2:28 pm Google to shut Nexus One storeSource: Business and financial news - CNNMoney.com | 14 May 2010 | 2:26 pm World markets panic over eurozoneInvestor panic hit shares as fears grow that eurozone austerity measures would derail recovery and spark unrest.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 14 May 2010 | 2:04 pm Stelios' businesses aren't the only things that need to grow upAdopt the brace position. Now we know why Sir Stelios Haji-Ioannou spent the first part of this week in tantrum-throwing mode, like some toddler let loose on a plane.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 14 May 2010 | 1:58 pm Counting the cost of OFT's 'stock take'Fresh from its triumphs at Southwark Crown Court, the Office of Fair Trading has made a quick return to the limelight.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 14 May 2010 | 1:54 pm Texas Rangers, MLB: Bloomberg Law Bankruptcy ReviewSource: Bloomberg - All Podcasts | 14 May 2010 | 1:52 pm Why pay for MP3s, when you can P2P?Marketplace's Joel Rose looks into why some still pay for music, when it is so easy to download free music with peer-to-peer technology.Source: Marketplace Money | 14 May 2010 | 1:49 pm EasyJet founder Sir Stelios quits airline's board in protest at growth plansSir Stelios Haji-Ioannou has quit the board of easyJet, the budget airline he founded, in a dramatic protest at the company's expansion strategy.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 14 May 2010 | 1:43 pm Wolseley Raised to `Hold,' Pepco Cut to `Hold': AudioSource: Bloomberg - All Podcasts | 14 May 2010 | 1:31 pm 'Small city' at forefront of BP's oil clean-upEfforts to avert an environmental disaster have transformed a nondescript site in the Port of Venice into a "small city" in two weeksSource: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 14 May 2010 | 1:25 pm Iraq Is Safer Than CaliforniaBy Jacob Goldstein Here's some reading for a Friday afternoon: It's riskier to lend money to California than to Iraq, according to an analysis by CMA Sovereign Risk Monitor. Venezuela, Argentina and Greece are at the top of the list, by the way. California is seventh, Iraq is tenth. (Hat tip: Marginal Revolution) It's cheaper to adopt a boy than a girl, according to this study of how adoptive parents' gender and racial preferences affect the adoption market. The Economist's Free Exchange blog hashes out the implications. All those investigations of all those banks may signal a move toward another "global settlement," where a bunch of banks make a deal with a bunch of regulators and prosecutors, this morning's New York Times reports. Felix Salmon points out that a settlement is unlikely to come before Congress passes a financial-reform bill; the settlement could be used to close gaps in the legislation, he suggests. » E-Mail This » Add to Del.icio.us Source: NPR Blogs: Planet Money | 14 May 2010 | 1:02 pm Brian Gaynor : Investment ethics a million miles awayThere has been much discussion in recent years over the need for investment industry organisations and their employees to have a "duty of care", to "owe specific duties" and to have a "fiduciary duty" to investors.This column...Source: nzherald.co.nz - Business | 14 May 2010 | 1:00 pm 5 Overpriced Mutual Funds (U.S. News & World Report)U.S. News & World Report - How much is too much? That's the question at the center of a highly contentious debate over mutual fund fees. And, except in extreme cases (for instance, the recently liquidated Frontier Microcap Fund's expense ratio at one point reached a mindboggling 18 percent, cementing its reputation as the mascot for absurdly high fees), the answer is far from clear.Source: Yahoo! News: Stock Markets News | 14 May 2010 | 12:58 pm Barack Obama sends nuclear experts to tackle BP's Gulf of Mexico oil leakThe US sends a team of nuclear physicists to help BP plug a "catastrophic" oil leak in the Gulf of Mexico.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 14 May 2010 | 12:57 pm Obama: No more cosying up to oilBarack Obama vows to end the "cosy relationship" between oil companies and US regulators after the Gulf of Mexico disaster.Source: BBC News | Business | World Edition | 14 May 2010 | 12:56 pm Gasparino: Lloyd And The Dancing Blankfeins Might Not Save Chicago Bank
Source: Dealbreaker | 14 May 2010 | 12:53 pm Presented By:Source: Dealbreaker | 14 May 2010 | 12:53 pm IMF warns rich countries on debtThe world’s rich economies are continuing to pile up public debt despite the recovery in the global economy, according to the International Monetary Fund, which urged steep rises in VAT and excise duties to plug deficitsSource: Financial Times - US homepage | 14 May 2010 | 12:52 pm Goldman To Stop Prop Trading In CLOs
Source: Dealbreaker | 14 May 2010 | 12:45 pm Investors ill-served by reform amendmentSource: Business and financial news - CNNMoney.com | 14 May 2010 | 12:43 pm OFT to examine effects of foreign ownership on UK infrastructureThe Office of Fair Trading is to investigate the ownership of Britain's infrastructure as the country's airports, energy networks and ports increasingly fall under the control of foreign investors and private equity groups.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 14 May 2010 | 12:42 pm Saving for the future, a dollar at a timeTess Vigeland stops by the Lamp Community, a homeless shelter on Skid Row in Los Angeles, for a money management class that teaches its clients how to save for a better future, even from incomes between $200 to $900 a month.Source: Marketplace Money | 14 May 2010 | 12:37 pm A CLASS Act: Long-term health careMarketplace's Gregory Warner talks to Tess Vigeland about the CLASS Act, a little known provision in health care reform that provides long-term health care insurance.Source: Marketplace Money | 14 May 2010 | 12:37 pm Sir Stelios plans Easyjet revoltSir Stelios Haji-Ioannou, the founder of Easyjet, has resigned from the budget airline's board - he stays with his Easygroup.Source: BBC News | Business | World Edition | 14 May 2010 | 12:35 pm Woman Who Called Obama Hottie With Smokin’ Body Full Of Regrets
Visit msnbc.com for breaking news, world news, and news about the economy
Source: Dealbreaker | 14 May 2010 | 12:33 pm Gibbs cautious over US military surgeThe June military offensive in Kandahar, spiritual headquarters of the Taliban, has started, according to Robert Gibbs, Barack Obama’s chief spokesmanSource: Financial Times - US homepage | 14 May 2010 | 12:33 pm Waddell CEO Hermann Blamed Greece For Market Crash
Source: Dealbreaker | 14 May 2010 | 12:29 pm The Week in Business Tweets: Dumb Luck (Twitter Beat)Gloomy Roubini, the key to recovery and Morgan Stanley vs. Goldman Sachs.
Source: SmartMoney.com | 14 May 2010 | 12:14 pm Vital lessons of the ‘flash crash’Just as many bankers were confident about risk controls before the crisis, so equity rocket scientists assured me the new way of trading equities was safeSource: Financial Times - US homepage | 14 May 2010 | 12:12 pm Web of probes spreads over Wall StreetA flurry of different investigations has broadened the post-crisis regulatory backlash beyond the civil fraud charges from the Securities and Exchange Commission against Goldman SachsSource: Financial Times - US homepage | 14 May 2010 | 12:10 pm 10 million Verizon iPhones?Source: Business and financial news - CNNMoney.com | 14 May 2010 | 12:07 pm Shia LaBeouf Floats Interesting Theory Re: Last Thursday’s Crash
“You just had the flash-crash on Thursday. Here we are at Cannes. It’s almost like Rupert Murdoch made it happen,” said co-star Shia LaBeouf, referring to the chairman of News Corp., which owns 20th Century Fox, the studio releasing the film. “You’re down 1,000 points on Thursday, you’re up 300 points on Monday,” LaBeouf, who plays Gekko’s new protege, said in an interview. “You literally, just as I’m speaking to you, just went through the most tumultuous 30 minutes to ever hit the market in the history of Wall Street, and here we are promoting a movie. It’s wild that our movie’s taking place in this landscape. This is a firefight in the middle of the craziest money storm that has ever happened.” Greed Still Good As Cannes Shows New “Wall Street” [AP]
Source: Dealbreaker | 14 May 2010 | 12:04 pm Why gold keeps breaking recordsThe gold rally revved up again Friday, nearly hitting a record $1,250 an ounce, before slipping later in the day in volatile trade. Stock market jitters and Europe's debt troubles have sent investors flocking to the precious metal, but why?Source: Business and financial news - CNNMoney.com | 14 May 2010 | 11:58 am What are checked baggage fees for?Charles Wheelan, a disgruntled airline passenger, talks to Tess Vigeland about his lawsuit over a $25 checked baggage fee, after United Airlines lost his bag.Source: Marketplace Money | 14 May 2010 | 11:49 am This Week’s LinksWhy the theater of blanket Wall St. investigations is what matters. The sizes of some of these black markets are mind-boggling. The Facebook privacy headache. 4 Block World has some thought-provoking diagrams. Second Life creator Cody Ondrejka on content today.
Source: Business Pundit | 14 May 2010 | 11:36 am Behind the Market Dive
Source: Dealbreaker | 14 May 2010 | 11:20 am Can Robin Hood save his own hood?The city of Nottingham wants to capitalize on the new "Robin Hood" movie and draw tourists to the rather depressing city in the British Midlands. Those who do, however, might find that Sherwood Forest is a sad remnant of its former self. Stephen Beard reports.Source: Marketplace | 14 May 2010 | 11:16 am Will the eurozone pull through crisis?In a speech, former Federal Reserve Chairman Paul Volcker suggested there was threat of a break up to the eurozone. Professor Barry Eichengreen talks with Kai Ryssdal about what can see the eurozone through its crisis and what would happen if a country pulls out of the euro.Source: Marketplace | 14 May 2010 | 11:16 am Weekly Wrap: The markets and moreFortune Magazine's Leigh Gallagher and T. Rowe Price's Andy Brooks talk with Kai Ryssdal about what's going on in investors' minds right now and signs of recovery in the economy.Source: Marketplace | 14 May 2010 | 11:16 am Separation helps keep us safeSenators want tougher rules for Wall Street. Wall Street says it's just trying to make money. At times it seems like the people in Washington, D.C., and New York are speaking a different language. But commentator K.C. Cole says boundaries may be a good thing.Source: Marketplace | 14 May 2010 | 11:16 am 'Law & Order' cancellation hurts actorsNBC is ending long-running drama "Law & Order." Some spin-offs of the show will remain on the air, but the news is a big blow for actors in New York City. Jeremy Hobson reports.Source: Marketplace | 14 May 2010 | 11:15 am BP faces criticism from PR expertsBP's CEO is taking flak for his comment that the big oil spill is "tiny" in relation to the "very big ocean." With one researcher suggesting that the massive oil leak could be much bigger than BP has admitted, the company is increasingly on the defensive. Bob Moon reports.Source: Marketplace | 14 May 2010 | 11:15 am Senate plan may cap debit swipe feesEvery time you pay with plastic, somebody else pays too. The business that's taking the card pays a fee to the bank that issues the card. And the credit card firm gets some money too. But the Senate has passed an amendment that would restrict those types of interchange fees. Jeff Horwich reports.Source: Marketplace | 14 May 2010 | 11:15 am Next Week’s Can’t Miss Earnings Reports (ABK, LOW, HD, WMT, HPQ, DE, AMAT, GME, SPLS, TGT, BRCD, DELL, GPS, MRVL, SHLD)Earnings season is already winding down, but don’t think it is over yet. Next week we still have much in retail and we still have DJIA components and major tech companies reporting earnings. Some of the biggies on deck for next week are Ambac Financial Group, Inc. (NYSE: ABK), Lowe’s Companies Inc. (NYSE: LOW), The [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 14 May 2010 | 11:14 am Fundamental Data: Inventories
Source: SmartMoney.com | 14 May 2010 | 11:09 am Fundamental Data: Margins
Source: SmartMoney.com | 14 May 2010 | 11:03 am Fundamental Data: Dividend/YieldsA dividend is a payment many companies make to shareholders out of their excess earnings.
Source: SmartMoney.com | 14 May 2010 | 10:59 am Dorchester awaits trust responseDorchester Pacific says its finance company subsidiary Dorchester Finance could be out of moratorium by July 1 if a capital reconstruction plan is approved by investors.Dorchester has been working closely with trustees Perpetual...Source: nzherald.co.nz - Business | 14 May 2010 | 10:50 am Stocks, euro plunge as gold hits record highs (AFP)
Source: Yahoo! News: Stock Markets News | 14 May 2010 | 10:33 am EMI owner agrees to top up fundsEMI's billionaire owner Guy Hands has raised new funds which should stop Citigroup taking control of the Coldplay firm.Source: BBC News | Business | World Edition | 14 May 2010 | 10:27 am No confidence vote by DNZ investorsSmall investors in DNZ Property Fund have passed a motion of no confidence in the board and manager.At a special shareholders' meeting in Auckland this week, from which voting results were released last night, 77 per cent expressed...Source: nzherald.co.nz - Business | 14 May 2010 | 10:20 am FTSE plunges on debt fears (AFP)
Source: Yahoo! News: Stock Markets News | 14 May 2010 | 10:06 am Fletcher's Jonathan Ling: Rider on the stormJonathan Ling's windsurfing days ended when he left Australia four years ago.Now, as an Auckland boatie, he has been enjoying the long summer on the harbour in his low, sleek 6.5m Haines Hunter."We take that out on the Waitemata,...Source: nzherald.co.nz - Business | 14 May 2010 | 10:00 am Retail sales rebound but shoppers still cautiousRetail sales rebounded in March but not as much as expected, adding to evidence that consumer spending remains sluggish.After a steep fall in February, economists had forecast a rebound in March. It eventuated but barely reversed...Source: nzherald.co.nz - Business | 14 May 2010 | 10:00 am Capcom head takes leap from games to grapesNAPA - After years of overseeing the company that gave the world Resident Evil, Street Fighter and other gore-fest games, Kenzo Tsujimoto is trying his hand in the equally competitive - if less bloody - world of Napa winemaking.But...Source: nzherald.co.nz - Business | 14 May 2010 | 10:00 am Paul Glass : Compulsory super could transform NZWithout compulsory superannuation New Zealand is destined to become an economic backwater. Our standard of living, compared with Australia, will continue to decline. We will keep on losing our best businesses to foreign (mainly...Source: nzherald.co.nz - Business | 14 May 2010 | 10:00 am Adobe gives hearty reply to Apple jabNEW YORK: Adobe is firing back at Apple, with love.Adobe Systems is countering Apple chief executive Steve Jobs' recent jab at Adobe's Flash technology for web video and games. The company is running ads in newspapers and...Source: nzherald.co.nz - Business | 14 May 2010 | 10:00 am Prosecutors dig deep into Wall St's mortgage dealsNEW YORK - Wall St's biggest banks are facing a new legal onslaught as regulators and state and federal prosecutors pore over their activities in the mortgage market in the run-up to the credit crisis.Andrew Cuomo, the attorney-general...Source: nzherald.co.nz - Business | 14 May 2010 | 10:00 am Abbott attacks Rudd's tax planSYDNEY: After admitting that not everyone shares his views Federal Opposition Leader Tony Abbott, in a major speech to close Federal Budget week, mounted a blistering attack on the Rudd Government's third Budget yesterday."They...Source: nzherald.co.nz - Business | 14 May 2010 | 10:00 am Gulf Oil Spill May Be Exponentially Worse Than Prior Estimates (BP, RIG)A report on National Public Radio last night has led to demands for the federal government to get tougher with BP plc (NYSE: BP) and Transocean Ltd. (NYSE: RIG) regarding the actual quantity of oil leaking into the Gulf of Mexico from the blown-out Macondo well. The 5,000 b/d estimate was hurriedly produced by NOAA [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 14 May 2010 | 9:49 am The Worst Oil Spill Ever?From The Atlantic Wire Two alarming reports from National Public Radio and The New York Times this morning suggest that the amount of oil gushing into the Gulf of Mexico is far greater than the official government estimate. For weeks, officials pegged the leak at around 5,000 barrels a day. But recent calculations by scientists [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 14 May 2010 | 9:42 am The Weekly Dividend (CLF, CPY, FDS, KEI, MSA, OPNT, POR, TKR, F, BBT, DOW, FUN, BP, GMCR, SPAN, TNK, IIJI, RAIL)We are not seeing quite the floodgate of dividend hikes as we had seen in earlier weeks this year, but hikes, talk of hikes, and other big dividend news changes are out this week. The true dividend hikes are in Cliffs Natural Resources Inc. (NYSE: CLF), CPI Corp. (NYSE: CPY), FactSet Research Systems Inc. (NYSE: [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 14 May 2010 | 9:27 am De Grauwe, Dell, Blanchflower, Telsey, Flexner: SurveillanceSource: Bloomberg - All Podcasts | 14 May 2010 | 9:21 am Richard Berner, Benjamin Tal: Bloomberg On the EconomySource: Bloomberg - All Podcasts | 14 May 2010 | 9:20 am Coinstar: The Next BlockbusterStock analysts and investors assume that because one business model is better than another, the better business model is strong. That relies on the assumption that either business is good at all. Coinstar (NASDAQ: CSTR), which owns the Red Box, has created a better way to sell DVDs than Blockbuster: kiosks (NYSE: BBI). Kiosks are [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 14 May 2010 | 9:18 am What Europe's Bailout Means for Your Portfolio (Global Recovery Watch)Stocks with exposure to the debt- battered market could still be in danger.
Source: SmartMoney.com | 14 May 2010 | 8:53 am US retail sales in surprise riseUS retail sales showed an unexpected rise in April, helped by a surprise increase in sales of motor vehicles.Source: BBC News | Business | World Edition | 14 May 2010 | 8:49 am Kathy Boyle Says Gold Prices May Fall: AudioSource: Bloomberg - All Podcasts | 14 May 2010 | 8:44 am Bailout, Schmailout: The Euro's Still FallingBy Jacob Goldstein The promise of a trillion-dollar bailout for Europe was enough to calm bond investors this week. The European Central Bank stepping in to buy sovereign debt helped, too. But the value of the euro kept falling, and it hit an 18-month low today as it fell below $1.25. The decline suggests investors think the economic outlook for the euro-zone is bleak. In order to get the debt situation under control, several countries in Southern Europe will have to both raise taxes and cut spending, even as their economies remain weak. This is essentially an anti-stimulus program that's likely to prevent the region from returning to strong economic growth anytime soon. There are a bunch of reasons why currency fluctuations reflect economic outlook. When an economy is doing well, exports, foreign investment and interest rates all tend to be higher, and all of those things drive up the value of a currency. Still, there is a silver lining here. A falling currency can make it easier for countries to climb out of the hole. Among other things, it makes exports cheaper, which helps drive economic growth. » E-Mail This » Add to Del.icio.us
Source: NPR Blogs: Planet Money | 14 May 2010 | 8:39 am Metals company Noranda gains in trading debut (AP)AP - Shares of metals producer Noranda Aluminum Holding Corp. are rising in their debut on the New York Stock Exchange.Source: Yahoo! News: Stock Markets News | 14 May 2010 | 7:58 am This Week’s Weird Jobs
What skills would you offer in exchange for a few good massage sessions? Web design? Housekeeping? Boobs? We couldn’t make this stuff up: 1. Denver: Boobs for Massage I am a professional massage therapist looking for a plastic surgeon willing to trade massage for breast augmentation. I can do gift certificates, out calls, or you can come to my space. Partial trade is an option, though my budget is pretty small. If you are interested we can do a consult and see if we are a good fit. Only serious inquiries please, no spammers. Thanks! Partial trade? I shudder to think of what that would look like. 2. Idaho: I will pay for ftp info I will pay someone to show me how to upload a website to a server. contact me and we will discuss this. Yes, I am real and not a spam bot It might be a more worthwhile investment for this person to learn to use Google and find instructions to do things he can’t figure out. 3. San Diego: Looking for guys and girls with Blue and Brown eyes for new campaign Please send you face picture and full body shoot. Also add you contact info so we can get a hold of you. Compensation will be determined. I hope to God this isn’t a government campaign. 4. Idaho: Dig a big hole Please email me a quote to dig a hole to drop a trampoline into. Thank you Please cover up the trampoline after we drop it in. We hate that thing. WANTED: One Rabbi versed in the Dark Talmudic Arts to create one Golem for household of three. Golem will perform rudimentary household chores such as dishes & sweeping, basic Math Tutoring for our daughter in 3rd grade and basic household security. Golem must be obedient and fairly unobtrusive on our every-day lives. We will supply all materials needed (clay, twigs, calfskin parchment, etc) needed to create the Golem. All you need to do is use your magical ancient Rabbinic skills to animate said Golem! Please note! We are looking for a Rabbi to create a Golem: an anthropomorphic being created from inanimate matter from Jewish folk-lore, NOT Gollum: a former Hobbit turned into monster and looking for “precious”. This is important! We have no interest in living with Gollum. We want a Golem. Please respond, serious inquiry only. This job posting is weird no matter how many times you read it. Happy Friday!
Source: Business Pundit | 14 May 2010 | 7:44 am Mellor on Euro, Debt Crisis; Shugg on Economy: First WordSource: Bloomberg - All Podcasts | 14 May 2010 | 7:36 am Carter Discusses `George, Nicholas and Wilhelm': Lewis LaphamSource: Bloomberg - All Podcasts | 14 May 2010 | 7:34 am Netflix Analyst Trifecta Cuts (NFLX, AMZN, BBI)Netflix, Inc. (NASDAQ: NFLX) had been on another tear but a UBS downgrade from Neutral to ‘Sell’ yesterday refuted a WSJ story that Netflix could be a possible takeover target for Amazon.com Inc. (NASDAQ: AMZN). And now we have seen two more analyst downgrades this morning taking even more juice out of this cocktail. It [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 14 May 2010 | 7:31 am 'New And Better Astrology' For Ratings AgenciesBy Jacob Goldstein A U.S. Senator yesterday put a little hocus pocus into the financial reform debate: "In a way, we're looking here and saying the astrology that we relied upon in the past didn't work," Sen. George LeMieux said, according to the NYT. "Let's have some new and better astrology." He was talking about ratings agencies. We might hope for more than a "new and better" form of pre-scientific superstition to predict how likely borrowers are to repay their loans. But let's not quibble over semantics. Ratings agencies -- key players in the boom and bust -- were the subjects of two (apparently contradictory) amendments that passed in the Senate yesterday: One amendment, co-sponsored by LeMieux, would get rid of much of the language in federal law that gives big ratings agencies a privileged place in the financial system. The basic idea would be to push the market, and federal regulators, to come up with a better system for evaluating risk. The other amendment was backed by Sen. Al Franken. It would change the way asset-backed securities -- bundles of loans that are sliced up and sold to investors -- are assigned to different ratings agencies. Under the current system, the banks that create the securities can shop around to find an agency that will give them the ratings they want. The Franken amendment would create a board that would choose which agency rates each security. It's not entirely clear how this would work, but some sort of lottery or random assignment might be involved, and the board would take into account agencies' accuracy, the WSJ says. The ratings agencies don't like the sound of it. "Credit-rating firms would have less incentive to compete with one another, pursue innovation and improve their models, criteria and methodologies," and S&P spokesman told the WSJ. It wouldn't really work to have both amendments in any final financial reform bill that Congress passes. But once the Senate passes its bill, the details of a final bill will be hashed out in a conference committee with the House. The internal contradictions will presumably be hashed out then. » E-Mail This » Add to Del.icio.us Source: NPR Blogs: Planet Money | 14 May 2010 | 7:31 am Top Day Trader Alerts (BIDU, BSMD, ERTS, HAUP, JCP, NBG, NVDA, BEE, YHOO)Many of today’s top day trader and active trader stocks are up on earnings but other news is running names as well. This Friday’s top day trader and active trader alerts are in Baidu, Inc. (NASDAQ: BIDU), BioSphere Medical, Inc. (NASDAQ: BSMD), Electronic Arts Inc. (NASDAQ: ERTS), Hauppauge Digital, Inc. (NASDAQ: HAUP), J. C. Penney [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 14 May 2010 | 6:57 am Today’s Best Market Rumors (5/14/2010)Updated throughout the day. Some Wall St. firms gambled that cities and towns would go bust (WSJ) Prudential plans asset sales in Asia to help fund it buyout of AIA. (Reuters). The Deepwater Horizon leak is now 70,000 barrels a day. (various) 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. | 14 May 2010 | 6:48 am Pyrrho cries foul over Liberty saleLiberty was at the centre of an acrimonious power struggle today after a suitor claimed that the London department store was set to be sold to a rival bidder without it having the chance to respond. Source: Latest Business News from Times Online | 14 May 2010 | 6:35 am The Twitter-24/7 Wall St. Stock Market Report 5.14 The Wisdom Of Crowds?Twitter has, by most estimates, 100 million members, 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. It raises the question of whether there is wisdom in crowds. 24/7 Wall St. will look at the Twitter [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 14 May 2010 | 6:25 am Top 10 Analyst Upgrades and Downgrades (APC, CRUS, LULU, MPEL, NFLX, NTAP, ODP, POZN, VRTX, WX)These are ten of the top analyst upgrades, downgrades, and initiations seen in Wall Street research calls this Friday: Anadarko Petroleum Corporation (NYSE: APC) Raised to Overweight at JPMorgan. Cirrus Logic Inc. (NASDAQ: CRUS) Cut to Buy from Strong Buy at Needham. Lululemon Athletica (NASDAQ: LULU) Started as Hold at Jefferies. Melco Crown Entertainment Ltd. [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 14 May 2010 | 6:16 am Wolseley profit forecast sparks shares rushShares in Wolseley rose by 8 per cent this morning after the building materials group said that it was course to beat profit expectations. Source: Latest Business News from Times Online | 14 May 2010 | 5:41 am Thinking Outside the Box on Immigration
Source: Business Pundit | 14 May 2010 | 4:46 am
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