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South Korea unveils currency controlsSEOUL (Reuters) - South Korea announced on Sunday long-anticipated currency controls, saying it aimed to curb rapid shifts in capital flows that were linked to short-term foreign debt and posed a risk to the world's ninth-biggest exporter.
Source: Reuters: Business News | 13 Jun 2010 | 4:14 am China warns local gov't on investment agencies (AP)AP - China's Cabinet ordered local governments Sunday to better manage their investment agencies amid concern that their borrowings — estimated at hundreds of billions of dollars — could cause problems for Chinese banks.Source: Yahoo! News: Business News | 13 Jun 2010 | 3:50 am Iran approves "peace pipeline" deal with Pakistan (Reuters)Reuters - Iran finalized a $7 billion "peace pipeline" deal on Sunday to export natural gas to Pakistan by 2015, Iran's state television reported.Source: Yahoo! News: Business News | 13 Jun 2010 | 3:29 am SKorea announces plan to battle capital volatility (AP)AP - South Korea's financial authorities announced on Sunday proposed measures to help stabilize the country's currency and financial system and limit damage to the broader economy during times of financial volatility such as the 2008 global crisis.Source: Yahoo! News: Business News | 13 Jun 2010 | 3:23 am Commission calls for bank reformRisk-free accounts guaranteed by the government should be set up as part of a "reform of the banking system", a report says.Source: BBC News | Business | World Edition | 13 Jun 2010 | 3:16 am South Korea to limit banks' currency tradingSouth Korea unveiled limits on banks’ currency trading in an effort to ease volatile capital flows and stabilize the won, media reports on Sunday said.
Source: MarketWatch.com - Top Stories | 13 Jun 2010 | 3:11 am New rules for Wall Street must clear final hurdles (AP)
Source: Yahoo! News: Business News | 13 Jun 2010 | 3:03 am 3 Funds With South African Exposure (Screens)These funds dabble in the region hosting the World Cup.
Source: SmartMoney.com | 13 Jun 2010 | 3:01 am On Iran election anniversary, little incidentThe one-year anniversary of Iranian President Mahmoud Ahmedinejad's reelection passed with little incident on Saturday, Sunday media reports said.
Source: MarketWatch.com - Top Stories | 13 Jun 2010 | 2:28 am South Korea restricts currency forwardsSouth Korea on Sunday unveiled a raft of measures to control currency flows to protect its economy from external shocks. The measures, which have been widely trailed in recent weeks, came after...Source: RSS feed - channel BNPaperBusiness | 13 Jun 2010 | 2:11 am Spirit Airlines pilots strike, stranding thousands (AP)
Source: Yahoo! News: Business News | 13 Jun 2010 | 2:08 am Pilots strike at Spirit AirlinesWASHINGTON (Reuters) - Pilots at Spirit Airlines went on strike on Saturday after U.S.-mediated contract talks failed to reach an agreement, a small-carrier stalemate that could influence workers at bigger carriers.
Source: Reuters: Business News | 13 Jun 2010 | 2:02 am BP exec gives pep talk amid US tensions over spill (AP)
Source: Yahoo! News: Business News | 13 Jun 2010 | 1:51 am China media scorn U.S. yuan bill "baby kissers"BEIJING (Reuters) - U.S. lawmakers risk "poisoning the atmosphere" with China through proposed laws aimed at the yuan currency, China's official news agency said on Sunday, calling Congress members "baby kissing" incompetents.
Source: Reuters: Business News | 13 Jun 2010 | 1:41 am Royal wedding triggers monarchy debate in Sweden (AP)
Source: Yahoo! News: Business News | 13 Jun 2010 | 1:31 am Kyrgyzstan gives army shoot-to-kill powerKyrgyzstan will send reserve forces and volunteers to its troubled south on Sunday after a third night of gun battles took the death toll to 80 in the central Asian state’s worst ethnic violence in two decadesSource: Financial Times - US homepage | 13 Jun 2010 | 1:25 am $3.8m for lunch with Warren BuffettThe price of lunch with billionaire investor Warren Buffett has topped $US2 million again, breaking a previous record for the most expensive charity item ever sold on eBay.The final price of $US2.6 million ($3.77 million) was...Source: nzherald.co.nz - Business | 13 Jun 2010 | 1:01 am Brits say they'd pay a premium for nice neighborsConsideration, tolerance, friendliness, tidiness and vigilance are worth an extra $4,488, according to a survey by British insurer Lloyds.What price would you put on having good neighbors? How about $4,488, give or take a few pence?
Source: L.A. Times - Business | 13 Jun 2010 | 1:00 am Few options exist for erasing student loan debtAlso, what to do when a parent dies without a will, and how FICO treats a home equity line of credit.Dear Liz: I really screwed up. I decided I wanted to go to a private college and am now saddled with $145,000 in private student loans and $30,000 in federal student loans. I am working on my master's degree and am about to have a child. I'm looking at payment options for when I graduate and am very scared for my family's future. I can't afford to pay $1,000 or more a month in student loans and I really want to buy a house so my family can have a home. What should I do?
Source: L.A. Times - Business | 13 Jun 2010 | 1:00 am HOW I MADE IT: Michael SilvaMichael Silva has been chief of staff at the Federal Reserve Bank of New York for four years.The job: Michael Silva, 49, has been chief of staff at the Federal Reserve Bank of New York for four years. He took the position when Timothy F. Geithner was the bank's president. When Geithner became Treasury secretary in 2009 his successor, William Dudley, asked Silva to stay on. His role is to make sure the bank president has everything he needs: "One reason that the job is very exciting and challenging is that it is undefined," Silva said.
Source: L.A. Times - Business | 13 Jun 2010 | 1:00 am Personal Finance: New overdraft rules and youNew overdraft rules for checking accounts go into effect over the next few weeks, and they're spurring a raft of mail from banks urging consumers to "opt in" — and often warning of potentially dire consequences if they don't.
Source: L.A. Times - Business | 13 Jun 2010 | 1:00 am Getting a strong dose of financial realityAfter getting laid off and a divorce, Fran Tunno Mills of Glendale is shaken by advice that she won't be able to buy a new home and has to be more frugal.You probably don't know the name Fran Tunno Mills, but there's a good chance you've heard her voice — during her 24-year radio career, she was the announcer in hundreds of commercials, including some for financial institutions.
Source: L.A. Times - Business | 13 Jun 2010 | 1:00 am Getting a strong dose of financial realityAfter getting laid off and a divorce, Fran Tunno Mills of Glendale is shaken by advice that she won't be able to buy a new home and has to be more frugal. ...Source: RSS feed - channel BNPaperBusiness | 13 Jun 2010 | 1:00 am Personal Finance: New overdraft rules and youNew overdraft rules for checking accounts go into effect over the next few weeks, and they're spurring a raft of mail from banks urging consumers to "opt in" — and often warning of potentially dire...Source: RSS feed - channel BNPaperBusiness | 13 Jun 2010 | 1:00 am Few options exist for erasing student loan debtAlso, what to do when a parent dies without a will, and how FICO treats a home equity line of credit. Dear Liz: I really screwed up...Source: RSS feed - channel BNPaperBusiness | 13 Jun 2010 | 1:00 am Minimalist by design in Costa MesaRooms flow together in two-story contemporary.This two-story contemporary with a minimalist design stands out from the older single-family homes along Irvine Avenue on the eastern edge of Costa Mesa.
Source: L.A. Times - Business | 13 Jun 2010 | 1:00 am Brits say they'd pay a premium for nice neighborsConsideration, tolerance, friendliness, tidiness and vigilance are worth an extra $4,488, according to a survey by British insurer Lloyds. ...Source: RSS feed - channel BNPaperBusiness | 13 Jun 2010 | 1:00 am New tenant suspects racial bias by leasing agentQuestion: I moved to a relatively large apartment complex a few months ago, which has four separate buildings. As a Guatemalan immigrant, I was happy when I noticed that most of my neighbors in my building were Latino. But then, when I have walked near the other buildings, I noticed that I wasn't seeing anyone who appeared to be a Latino tenant, just whites and Asians. Now that I think back about the tour given to me by the leasing agent, I remember that she emphasized that I would like to rent here because I would feel comfortable with my neighbors. I like living in a building with people who speak my native language, but it doesn't seem right to limit where I can live within this community. Can this be considered discrimination?
Source: L.A. Times - Business | 13 Jun 2010 | 1:00 am Minimalist by design in Costa MesaRooms flow together in two-story contemporary. This two-story contemporary with a minimalist design stands out...Source: RSS feed - channel BNPaperBusiness | 13 Jun 2010 | 1:00 am HUD looks at builder rebate programs tied to affiliated loansThe Obama administration wants to stir the pot on a highly contentious issue involving home builders and their customers: the legality of the discounts, rebates, closing costs, upgrades and other lures that builders often dangle in front of buyers — but only if they agree to use the builder's own affiliated mortgage lender.
Source: L.A. Times - Business | 13 Jun 2010 | 1:00 am HUD looks at builder rebate programs tied to affiliated loansThe Obama administration wants to stir the pot on a highly contentious issue involving home builders and their customers: the legality of the discounts, rebates, closing costs, upgrades and other lures...Source: RSS feed - channel BNPaperBusiness | 13 Jun 2010 | 1:00 am New tenant suspects racial bias by leasing agentQuestion: I moved to a relatively large apartment complex a few months ago, which has four separate buildings. As a Guatemalan immigrant, I was happy when I noticed that most of my neighbors in my building...Source: RSS feed - channel BNPaperBusiness | 13 Jun 2010 | 1:00 am HOW I MADE IT: Michael SilvaMichael Silva has been chief of staff at the Federal Reserve Bank of New York for four years. The job: Michael Silva, 49, has been chief...Source: RSS feed - channel BNPaperBusiness | 13 Jun 2010 | 1:00 am Wealthy homeowners seeking privacy are increasingly buying adjacent propertiesCompounds are the hottest commodity in L.A.'s high-end real estate market, brokers say. In the Middle Ages, moats...Source: RSS feed - channel BNPaperBusiness | 13 Jun 2010 | 1:00 am Report cites Pakistan support for TalibanPakistani military intelligence not only funds and trains Taliban fighters in Afghanistan but is officially represented on the movement’s leadership council, giving it significant influence over operations, a report saidSource: Financial Times - US homepage | 13 Jun 2010 | 12:37 am Lending constraints keep Europe central banks on alertEuropean inter-bank lending is under strain, threatening to hamper the availability of credit that is the lifeblood of the financial system and keeping European central banks on high alert.Source: RSS feed - channel BNewsBusiness | 12 Jun 2010 | 10:45 pm Corporate power grabs on the California ballot: What do we learn?We may finally have discovered a remedy for corporate executives with more greed than brains: Let them invest corporate funds by the millions in California ballot initiatives, then vote the things down.
Source: L.A. Times - Business | 12 Jun 2010 | 10:24 pm Eurozone debt fears force France to pay higher ratesFears that the eurozone debt crisis could hit even the stronger member countries means that France has been forced to pay higher rates to raise fresh funds in the financial markets,...Source: RSS feed - channel BNewsBusiness | 12 Jun 2010 | 9:31 pm Japan to review spending to rein in debtTOKYO (Reuters) - Japan's government will review some of the spending plans pledged by the ruling party as part of an effort to rein in the country's huge public debt, new Finance Minister Yoshihiko Noda said on Sunday.
Source: Reuters: Business News | 12 Jun 2010 | 7:49 pm Japan to review spending to rein in debtTOKYO (Reuters) - Japan's government will review some of the spending plans pledged by the ruling party as part of an effort to rein in the country's huge public debt, new Finance Minister...Source: RSS feed - channel BNewsBusiness | 12 Jun 2010 | 7:49 pm Where BP's $1 billion is goingIn battling its oil spill, BP has been spending on everything from spreading dispersants to advertising for local tourist boards.Source: Business and financial news - CNNMoney.com | 12 Jun 2010 | 7:33 pm ECB Nowotny: Will buy bonds until markets stabilizeTOKYO (Reuters) - The European Central Bank will maintain its bond-buying program until financial markets stabilize, ECB Governing Council member Ewald Nowotny told Japan's Nikkei newspaper in an interview published on Sunday.
Source: Reuters: Business News | 12 Jun 2010 | 7:17 pm ECB Nowotny: Will buy bonds until markets stabilizeTOKYO (Reuters) - The European Central Bank will maintain its bond-buying program until financial markets stabilize, ECB Governing Council member Ewald Nowotny told Japan's Nikkei newspaperSource: RSS feed - channel BNewsBusiness | 12 Jun 2010 | 7:17 pm U.S.-England World Cup showdown ends in 1-1 tieAll scoring in a widely anticipated World Cup matchup between the U.S. and England comes in the first half, with the 1-1 draw a disappointment to the favored English side.
Source: MarketWatch.com - Top Stories | 12 Jun 2010 | 6:28 pm Wealthy homeowners seeking privacy are increasingly buying adjacent propertiesCompounds are the hottest commodity in L.A.'s high-end real estate market, brokers say.In the Middle Ages, moats were the thing. More recently, the rich have taken refuge behind tall hedges, view-obscuring walls and guarded gates.
Source: L.A. Times - Business | 12 Jun 2010 | 6:06 pm Listing plan for ‘son of Lloyds’THE Lloyds Banking Group is working on plans for a stock-market flotation of the chain of 600 branches it is being forced to sell by the European Commission. Source: Latest Business News from Times Online | 12 Jun 2010 | 6:01 pm Bank in charge as George Osborne snubs FSAThe Bank of England will be given prime responsibility for preventing or responding to future financial crises, George Osborne will say this week, dealing a blow to the standing of the Financial Services Authority (FSA). Source: Latest Business News from Times Online | 12 Jun 2010 | 6:01 pm BT prepares to foil strikesBT is preparing to parachute hundreds of middle managers back into frontline engineering services and call centres as it draws up plans to combat the threat of strike action. Source: Latest Business News from Times Online | 12 Jun 2010 | 6:01 pm Inflation may force Bank to raise ratesTHE Bank of England could be forced to abandon its “highly expansionary” monetary policy — and raise interest rates — in the second half of the year, according to a member of its monetary policy committee. Source: Latest Business News from Times Online | 12 Jun 2010 | 6:01 pm Million-pound payout for the oil baron with no salesTHE chief executive of a London-listed oil explorer pocketed a $1.9m ($£1.3m) bonus last year despite recording a $96m annual loss that led its accountants to raise concerns about the firm$’s solvency. Source: Latest Business News from Times Online | 12 Jun 2010 | 6:01 pm Tesco chairman stays on to smooth Sir Terry Leahy transitionDAVID REID has pledged to stay on as chairman of Tesco for at least another 18 months to maintain boardroom stability at Britain’s biggest retailer, insiders say. Source: Latest Business News from Times Online | 12 Jun 2010 | 6:01 pm Life insurer Zurich joins tax exodusONE of the world’s biggest insurers is planning to move its £35 billion British life assurance business to Dublin to cut its tax bill. Zurich is in negotiations with the Financial Services Authority over the move, which is expected to be confirmed within weeks. Source: Latest Business News from Times Online | 12 Jun 2010 | 6:01 pm China’s long march to high wagesThe saying goes that the Chinese worker must “eat bitterness”. But a new generation of young strikers is defying the old order and may be writing the epitaph for the world’s low-cost workshop. Source: Latest Business News from Times Online | 12 Jun 2010 | 6:01 pm Pension hole trips electricity saleTHE £4 billion auction of Britain’s biggest electricity distribution network could be delayed by a dispute over how to fill a hole of £100m or more in its pension fund. Source: Latest Business News from Times Online | 12 Jun 2010 | 6:01 pm Apple’s grip on apps probedAMERICAN regulators are planning to investigate Apple’s business practices to see if it is harming the developing market for software that runs on mobile phones and the iPad, its latest hit device. Source: Latest Business News from Times Online | 12 Jun 2010 | 6:01 pm Banks 'pressuring customers' with scare tacticsSales staff at banks are using scare tactics to pressure low income families into buying products they can't afford, a whistleblower said last night.It came as a survey showed 25 per cent of staff feel uncomfortable about encouraging...Source: nzherald.co.nz - Business | 12 Jun 2010 | 6:00 pm Facts about Spirit AirlinesPassengers enplaned each day: 16,681 Rank by passengers among U.S. carriers: 21st Flights per day: Roughly 150 Pilots: 440 Aircraft 31 Airbus A319-320-321s Source: The...Source: RSS feed - channel BNewsBusiness | 12 Jun 2010 | 5:17 pm Spirit Airlines pilots strike, stranding thousandsA strike by Spirit Airlines pilots has shut down the discount carrier, stranding thousands of travelers. The walkout, which began Saturday, forced the airline to cancel its Saturday and...Source: RSS feed - channel BNewsBusiness | 12 Jun 2010 | 5:14 pm Martin Hawes: Investing in ethicsThe idea of improving the world by investing has been around for a long time but in this country it has never really caught on.It seems the two main reasons for this are that there is no clear idea on how to invest responsibly,...Source: nzherald.co.nz - Business | 12 Jun 2010 | 5:00 pm BP dispute spills on to World Cup pitchUS fans celebrated, England’s wore glum faces. Their teams’ World Cup encounter at the Royal Bafokeng stadium outside Rustenburg ended 1-1, but it was the Americans who were the real winners of this tense and taut ‘grudge’ matchSource: Financial Times - US homepage | 12 Jun 2010 | 4:55 pm Bimbo recalls Soft White BreadBimbo Bakeries USA is recalling some of its bread distributed in California and three other states after discovering the label did not indicate the product contained milk. The company...Source: RSS feed - channel BNewsBusiness | 12 Jun 2010 | 4:46 pm Europe and economic data to call stocks' tuneNEW YORK (Reuters) - U.S. stock investors will keep a close eye on Europe next week, looking for signs the debt crisis may be stabilizing, while industrial production, housing starts and inflation data may offer more clues on the U.S. economic outlook.
Source: Reuters: Business News | 12 Jun 2010 | 4:31 pm Spain, Portugal celebrate 25 years in European communityTwenty-five years after they joined what was then the European Economic Community, Spain and Portugal Saturday called for more economic coordination to pull the EU out of a crisis in which...Source: RSS feed - channel BNewsBusiness | 12 Jun 2010 | 3:57 pm Cable in new bid to split banksThe finance sector faces a week of reckoning as Business Secretary says 'direction of travel' is clear and George Osborne plans greater powers for Bank of EnglandSource: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 12 Jun 2010 | 3:41 pm Major City report recommends complete shake-upSource: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 12 Jun 2010 | 3:31 pm The Banking Commission's key recommendationsSource: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 12 Jun 2010 | 3:30 pm BP oil spill: coastguard chief launches fresh attack over clean-up failureRear Admiral James Watson lays into the oil giant over its 'inadequate equipment'.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 12 Jun 2010 | 3:27 pm Travel perks deal offers hope for end to BA cabin crew strikeThe strike by British Airways cabin-crew dispute which has threatened the travel plans of millions of UK passengers took a step towards resolution this weekend when the conciliation service Acas revealed that it had tabled fresh proposals for a deal to both sides.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 12 Jun 2010 | 3:10 pm Homegrown disadvantage for banksFor the past three years Kiwibank has been voted New Zealand's Most Trusted Bank in the annual Reader's Digest poll.Not bad for an entity that was a mere twinkle in Jim Anderton's eye a decade ago.It's a mark of the mana New...Source: nzherald.co.nz - Business | 12 Jun 2010 | 3:00 pm NewsWatch: U.S. stock market looking for solid footingInvestors are likely to continue riding the same volatile wave that has them more focused on environmental disasters and geopolitical events than economic reports and corporate earnings.
Source: MarketWatch.com - Top Stories | 12 Jun 2010 | 3:00 pm Warren Buffett and a medium-rare sirloin? That'll be $2.6mThis is one lunch bill that might take some explaining on the office expenses.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 12 Jun 2010 | 2:53 pm Chairman's £1.7m loss on BP sharesCarl-Henric Svanberg, the chairman of BP, has lost £1.7m on shares bought before and after the oil spill in the Gulf of Mexico.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 12 Jun 2010 | 2:50 pm Resolution in £2.8bn cash call for Axa buyResolution will this week sound out its investors about backing a massive £2.8bn rights issue to fund the takeover of Axa's UK life and pensions business.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 12 Jun 2010 | 2:48 pm Vodafone slams plan for lower connection chargesVodafone has warned that the regulator's plans to slash the cost of calling mobile phones could leave pensioners, low-income families and other vulnerable groups facing a much bigger bill.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 12 Jun 2010 | 2:46 pm Supermarket sales hit by economy fearsTesco and J Sainsbury are both likely to confirm that sales are markedly slower when they release trading updates this week.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 12 Jun 2010 | 2:41 pm Bill Watts' Forex Files: World Cup unlikely to drive South African randThere may be reasons to go long the South African rand, but the World Cup isn’t one of them.
Source: MarketWatch.com - Top Stories | 12 Jun 2010 | 2:24 pm Hotchin takes a $765,000 lossEmbattled Hanover boss Mark Hotchin is selling properties as construction of his $30 million home on Paritai Drive continues.He is understood to have sold a home on Waiheke Island at auction in March for $835,000. He paid $1.6m...Source: nzherald.co.nz - Business | 12 Jun 2010 | 2:00 pm Ethics of bank sales targets questionedBank sales targets and techniques have come under fire after a survey showed workers were concerned about pushing products on customers who could not afford them.A trans-Tasman survey, conducted by New Zealand bank staff union...Source: nzherald.co.nz - Business | 12 Jun 2010 | 1:51 pm Some oil spill events from Saturday, June 12, 2010CONTAINMENT The federal government has asked BP in a letter to "speed up the process" of containing the huge amounts of oil gushing from a ruptured well. Coast Guard Rear Adm. James A....Source: RSS feed - channel BNewsBusiness | 12 Jun 2010 | 1:23 pm Spirit Airlines pilot strike strands thousandsA strike by Spirit Airlines pilots shut down the discount carrier on Saturday, stranding thousands of travelers. Spirit carries roughly 1 percent of U.S. air passengers, mostly between...Source: RSS feed - channel BNewsBusiness | 12 Jun 2010 | 1:20 pm BP ready to suspend dividend pay-outsBP executives will promise Barack Obama that the company will retain sufficient cash to meet all legitimate claims, which analysts say could range from $5bn to $40bn, as David Cameron, British prime minister, prepared to discuss the oil spill with the US presidentSource: Financial Times - US homepage | 12 Jun 2010 | 12:53 pm US Warns BP About Leak Control Improvement In Next 48 HoursThe US government has sent a sharply worded letter to BP plc (NYSE: BP) about the pace at which it needs to cap the oil spill from the Deepwater Horizon wreck. James A. Watson, the Coast Guard Rear Admiral, the US on-scene coordinator wrote: “BP must in the next 48 hours identify additional leak containment [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 12 Jun 2010 | 12:52 pm Obama defends US criticism of BPUS President Barack Obama tells David Cameron his criticisms of BP over the oil spill are "nothing to do with national identity".Source: BBC News | Business | World Edition | 12 Jun 2010 | 12:19 pm BP must offer new plans for cutting oil flow: fedsFederal authorities have expressed concern that BP's plans to recover oil and provide back-up collection plans fall short of what is needed, given new estimates of the amount of crude gushing into the Gulf of Mexico.Source: Business and financial news - CNNMoney.com | 12 Jun 2010 | 11:46 am Iran security forces avert anniversary rallyIran’s security forces almost outnumbered a few thousand opposition supporters in central Tehran in order to prevent a rally on the first anniversary of the country’s disputed presidential election.Source: Financial Times - US homepage | 12 Jun 2010 | 11:31 am Coast Guard tells BP to speed up containment plansU.S. government gives BP 48 hours to come up with a way to hasten plans to increase its oil-capturing capacity at the Deepwater Horizon spill, after BP said it could take up to a month to bring in additional equipment.
Source: MarketWatch.com - Top Stories | 12 Jun 2010 | 10:38 am Obama calls on GOP to stop blocking Medicare billPresident urges support for legislation that would forestall a 21% cut in the amount doctors are paid under Medicare.
Source: MarketWatch.com - Top Stories | 12 Jun 2010 | 10:31 am Stocks to Watch: Stocks to watch Monday: La-Z-boy, Carnival Corp.Among the companies whose shares are expected to see active trading Monday are La-Z-boy and Carnival Corp.
Source: MarketWatch.com - Top Stories | 12 Jun 2010 | 10:25 am Report: FTC to probe Apple mobile device practicesAgency plans to investigate whether Apple Inc. is harming competition in the mobile-device software market, according to a press report.
Source: MarketWatch.com - Top Stories | 12 Jun 2010 | 10:22 am Spirit Airlines pilots go on strikeWalkout comes after four years of negotiations fail to product new contract at privately held carrier.
Source: MarketWatch.com - Top Stories | 12 Jun 2010 | 10:16 am Bayleys may listBayleys could become New Zealand's first publicly listed real estate agency following a deal with private equity firm Direct Capital.The Direct Capital IV fund has taken a 32 per cent stake in the family-owned company, with the...Source: nzherald.co.nz - Business | 12 Jun 2010 | 10:00 am Bernard Hickey: Effects of raised OCRNow that the dust has settled from the Reserve Bank's widely expected decision to put up the Official Cash Rate (OCR) to 2.75 per cent, it's worth looking at what this week's events will mean for mortgage borrowers and term-deposit...Source: nzherald.co.nz - Business | 12 Jun 2010 | 10:00 am New proposals to end BA disputeNew proposals to end the British Airways industrial dispute are unveiled by the arbitration service Acas.Source: BBC News | Business | World Edition | 12 Jun 2010 | 9:38 am The Unusual Suspects (APOL, STD, BDX, BBY, BP, CTIC, FDX, NFLX, NLST, QCOR, ROSE, WEN, APEI, COCO, UPS)This weekend’s edition of the UNUSUAL SUSPECTS is an unusual list indeed. We have many big issues to watch for the coming week. Our cast of characters in the UNUSUAL SUSPECTS includes Apollo Group Inc. (NASDAQ: APOL), Banco Santander SA (NYSE: STD), Becton Dickinson and Company (NYSE: BDX), Best Buy Co Inc. (NYSE: BBY), BP [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 12 Jun 2010 | 9:05 am German finance minister denies report on new 2011 borrowingBERLIN (Reuters) - Germany's Finance Ministry on Saturday denied a media report that federal net new borrowing would be around 60 billion euros next year.
Source: Reuters: Business News | 12 Jun 2010 | 8:50 am Spirit Airlines cancels all flights as pilots strikeHundreds of Spirit Airlines pilots walked off their jobs on Saturday morning after negotiations over pay with the low-cost carrier hit a stalemate.Source: Business and financial news - CNNMoney.com | 12 Jun 2010 | 8:29 am The Joys Of Burning Off The Gulf SpillAnd, this is just one example Filed under: Oil & Gas[[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 12 Jun 2010 | 8:15 am The biggest loser: BanksBank stocks have been among the biggest losers during the market's slump of the past month or so. Despite that, many professional investors still don't think banks have hit bottom just yet.Source: Business and financial news - CNNMoney.com | 12 Jun 2010 | 8:08 am Spain PM says labor reform will create jobsMADRID (Reuters) - A draft labor reform package due to be approved by Spain's government on Wednesday will help generate jobs and boost confidence in a struggling economy, Prime Minister Jose Luis Rodriguez Zapatero said on Saturday.
Source: Reuters: Business News | 12 Jun 2010 | 6:52 am Infosys: global recovery may be slow and weak (Reuters)
Source: Yahoo! News: Business News | 12 Jun 2010 | 6:17 am UK mediator seeks to break BA dispute deadlockLONDON (Reuters) - Britain's industry mediator has put forward confidential proposals to try to end a long-running dispute between British Airways and its cabin crew.
Source: Reuters: Business News | 12 Jun 2010 | 5:36 am Warren Buffett Lunch Sells For $2.63 Million On EbayWarren Buffett’s annual auction, the prize of which is to have lunch with the Oracle of Omaha, sold for $2.63 million on Ebay (NASDAQ: EBAY). According to Reuters, “Proceeds benefit the Glide Foundation, a San Francisco non-profit organization offering meals, healthcare, child care, housing and job training for the poor and homeless.” The highest bid [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 12 Jun 2010 | 5:11 am
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