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Thompson defends BBC pension moveThe BBC director general defends the proposed overhaul of the corporation pension scheme.Source: BBC News | Business | World Edition | 4 Jul 2010 | 3:44 am European bank stress test results due on July 23AIX-EN-PROVENCE, France (Reuters) - The result of tests designed to show that Europe's banks are able to cope with further economic and other shocks will be published on July 23, French Economy Minister Christine Lagarde said on Sunday.
Source: Reuters: Business News | 4 Jul 2010 | 3:42 am Best and Worst Funds of the First Half (Screens)Bond funds performed particularly well. Energy, not so much.
Source: SmartMoney.com | 4 Jul 2010 | 3:01 am Stress tests to show EU banks 'solid and healthy': France (AFP)
Source: Yahoo! News: Business News | 4 Jul 2010 | 2:56 am Kurds blamed for Turkish-Iraqi pipeline blast (AFP)
Source: Yahoo! News: Business News | 4 Jul 2010 | 2:31 am Colorado bison meat recalled after link to E. coli (AP)AP - A Colorado company has recalled 66,000 pounds of bison meat sold nationwide after federal agriculture officials linked it to E. coli sicknesses.Source: Yahoo! News: Business News | 4 Jul 2010 | 2:01 am Spotlight on bank tests as ECB readies rate meetingThe European Central Bank on Thursday will urge eurozone banks and governments to shore up their accounts in the face of market pressure for a clear reading on the health of the European...Source: RSS feed - channel BNewsBusiness | 4 Jul 2010 | 1:47 am India preens over new airport terminalFrequent travellers to India are in for quite a shock the next time they fly in to New Delhi's international airport with its new state-of-the-art terminal. For years, arrivals at...Source: RSS feed - channel BNewsBusiness | 4 Jul 2010 | 1:43 am Hopes ride on giant oil skimmer in Gulf of Mexico (AP)
Source: Yahoo! News: Business News | 4 Jul 2010 | 1:35 am Dubai World further reshuffles business units (AP)AP - The main property unit of Dubai World has been given control of another real estate company run by the indebted state conglomerate.Source: Yahoo! News: Business News | 4 Jul 2010 | 1:33 am Dubai World further reshuffles business unitsThe main property unit of Dubai World has been given control of another real estate company run by the indebted state conglomerate. Dubai's media office said in a statement dated...Source: RSS feed - channel BNewsBusiness | 4 Jul 2010 | 1:33 am Petraeus says Afghan war at critical stageThe nine-year war in Afghanistan has reached a critical stage, US General David Petraeus said as he formally took command of the 150,000-strong Nato-led force fighting a deadly Taliban insurgencySource: Financial Times - US homepage | 4 Jul 2010 | 1:13 am BP could get backing from Mideast firms: reportDUBAI (Reuters) - Troubled oil giant BP could get a reprieve from Middle East financial institutions looking to make a strategic investment in the company, a UAE-based newspaper reported on Sunday, citing informed sources.
Source: Reuters: Business News | 4 Jul 2010 | 1:08 am Home of the Week updateSales in Old Towne Orange and on Mulholland DriveBack to the 1920s
Source: L.A. Times - Business | 4 Jul 2010 | 1:00 am A prominent perch on Santa CatalinaThe 1928 Spanish Colonial Revival in Avalon has sweeping views of sky, water and cliffs and is as much a landmark as the nearby casino and yacht club.The ocean seems to fill each room of this airy three-story 1928 home in Avalon that's as much a landmark on Santa Catalina Island as the nearby casino and yacht club. Floor-to-ceiling arched windows and sliding glass doors that wrap the main floor of this Spanish Colonial Revival capitalize on views of sky, water and island cliffs.
Source: L.A. Times - Business | 4 Jul 2010 | 1:00 am Lenders' focus turns to strategic defaultsWith tougher mortgage underwriting rules a virtual certainty under Congress' new financial reform legislation, lenders have begun confronting still another vexing issue: Can home buyers who have high credit scores really be trusted not to pull the plug — strategically default — when the economy hits a rough patch and home values tank?
Source: L.A. Times - Business | 4 Jul 2010 | 1:00 am Is outsourcing community college education serving students?California Community Colleges' deal with for-profit Kaplan University has a few catches — among them Kaplan's higher costs and the question of whether its credits would even be transferable.It's not unusual for government agencies with budget problems to start outsourcing services to private industry.
Source: L.A. Times - Business | 4 Jul 2010 | 1:00 am Shigeru Miyamoto: Nintendo video game designer finds real-world inspirationThe gig: Video game designer, Nintendo Co. Since 1979, Miyamoto has created several of the industry's best-known franchises, including Mario, Donkey Kong and Zelda. While kids dream of becoming a video...Source: RSS feed - channel BNPaperBusiness | 4 Jul 2010 | 1:00 am Special savings accounts can help break cycle of povertyPrograms in every state provide matching funds for the poor who put money away for expenses such as education, a home purchase or starting a business.Dametria Williams started her financial life as a statistic — a poor single mom, just like her mother and grandmother before her.
Source: L.A. Times - Business | 4 Jul 2010 | 1:00 am Shigeru Miyamoto: Nintendo video game designer finds real-world inspirationThe gig: Video game designer, Nintendo Co. Since 1979, Miyamoto has created several of the industry's best-known franchises, including Mario, Donkey Kong and Zelda. While kids dream of becoming a video game designer, game designers dream of becoming Miyamoto. Many developers credit him as their inspiration, including Will Wright, creator of the Sims, and Cliff Blezinski, design director for Epic Games, which makes Gears of War and the Unreal series.
Source: L.A. Times - Business | 4 Jul 2010 | 1:00 am What landlords risk by abandoning mortgagesAlso: The new credit card law, and how to keep free checking.Dear Liz: My wife and I had two houses built for resale. Then, as you know, things went bad. The construction loans were continued at 7.75% and we finally rented the homes, but the mortgages are costing more than we're getting in rent. To refinance, we would have to pay down each loan by $100,000, because the homes have fallen in value and lenders are more conservative.
Source: L.A. Times - Business | 4 Jul 2010 | 1:00 am Lenders' focus turns to strategic defaultsWith tougher mortgage underwriting rules a virtual certainty under Congress' new financial reform legislation, lenders have begun confronting still another vexing issue: Can home buyers who have high credit...Source: RSS feed - channel BNPaperBusiness | 4 Jul 2010 | 1:00 am Hack into a smart phone? It's easy, security experts findJust one number can unlock your personal information, your private conversations and even your whereabouts to smart-phone hackers.Security researchers Nick DePetrillo and Don Bailey have discovered a seven-digit numerical code that can unlock all kinds of secrets about you.
Source: L.A. Times - Business | 4 Jul 2010 | 1:00 am 'The Facebook Effect' reveals story of company's foundingFor a company bent on "making the world more open and connected," a good bit of mystery shrouds the early days of Facebook Inc.
Source: L.A. Times - Business | 4 Jul 2010 | 1:00 am Special savings accounts can help break cycle of povertyPrograms in every state provide matching funds for the poor who put money away for expenses such as education, a home purchase or starting a business. ...Source: RSS feed - channel BNPaperBusiness | 4 Jul 2010 | 1:00 am Home of the Week updateSales in Old Towne Orange and on Mulholland Drive Back to the 1920sSource: RSS feed - channel BNPaperBusiness | 4 Jul 2010 | 1:00 am What landlords risk by abandoning mortgagesAlso: The new credit card law, and how to keep free checking. Dear Liz: My wife and I had two houses built for resale. Then, as you know,...Source: RSS feed - channel BNPaperBusiness | 4 Jul 2010 | 1:00 am A prominent perch on Santa CatalinaThe 1928 Spanish Colonial Revival in Avalon has sweeping views of sky, water and cliffs and is as much a landmark as the nearby casino and yacht club. ...Source: RSS feed - channel BNPaperBusiness | 4 Jul 2010 | 1:00 am Hack into a smart phone? It's easy, security experts findJust one number can unlock your personal information, your private conversations and even your whereabouts to smart-phone hackers. ...Source: RSS feed - channel BNPaperBusiness | 4 Jul 2010 | 1:00 am DailyBooth.com builds community through photosThe social networking site encourages users to upload a picture of themselves every day. 'Boothers' use snapshots instead of snippets of text to express what they are thinking, feeling and doing. ...Source: RSS feed - channel BNPaperBusiness | 4 Jul 2010 | 1:00 am 'The Facebook Effect' reveals story of company's foundingFor a company bent on "making the world more open and connected," a good bit of mystery shrouds the early days of Facebook Inc.Source: RSS feed - channel BNPaperBusiness | 4 Jul 2010 | 1:00 am Is outsourcing community college education serving students?California Community Colleges' deal with for-profit Kaplan University has a few catches — among them Kaplan's higher costs and the question of whether its credits would even be transferable. ...Source: RSS feed - channel BNPaperBusiness | 4 Jul 2010 | 1:00 am DailyBooth.com builds community through photosThe social networking site encourages users to upload a picture of themselves every day. 'Boothers' use snapshots instead of snippets of text to express what they are thinking, feeling and doing.Every day for six years, New York photography student Noah Kalina took a picture of himself with a digital camera.
Source: L.A. Times - Business | 4 Jul 2010 | 1:00 am Departments told to plan 40% cutsMost government departments are being asked to produce "illustrative plans" for spending cuts of up to 40%.Source: BBC News | Business | World Edition | 4 Jul 2010 | 12:43 am BP could get backing from Mideast firms: reportDUBAI (Reuters) - Troubled oil giant BP could get a reprieve from Middle East financial institutions looking to make a strategic investment in the company, a UAE-based newspaper reported...Source: RSS feed - channel BNewsBusiness | 4 Jul 2010 | 12:17 am Talks resume but progress slow in LA port strike (AP)AP - There has been "little progress" despite hours of late-night and weekend talks between striking clerical workers and shipping companies at the nation's busiest port, negotiators said Saturday.Source: Yahoo! News: Business News | 3 Jul 2010 | 11:52 pm Settlers worry about impact of Palestinian boycottIsraeli settler and industrialist Avi Elkayam, 35, has no patience with the Palestinian boycott of settlement products. "It's economic terrorism," he shouts shaking his fist. The...Source: RSS feed - channel BNewsBusiness | 3 Jul 2010 | 11:30 pm Finding gold in them thar foreclosures (AP)
Source: Yahoo! News: Business News | 3 Jul 2010 | 11:07 pm Mini Cooper alternativesThe Mini's great, but these days there are lots of cars that can give you coolness with a small size and price.Source: Business and financial news - CNNMoney.com | 3 Jul 2010 | 8:55 pm Job fears on an offshore rigOn a wind-beaten drilling rig a few miles off Louisiana's coast, things are getting dicey.Source: Business and financial news - CNNMoney.com | 3 Jul 2010 | 8:55 pm Talks resume but progress slow in LA port strikeTalks have resumed between striking clerical workers and shipping companies at the ports of Los Angeles and Long Beach, but one side says results have been slow in coming. The lead...Source: RSS feed - channel BNewsBusiness | 3 Jul 2010 | 7:24 pm Wave of Oregonians nearing end of jobless benefitsOregonians by the thousands are using up the last of their unemployment benefits, many after as long as two years. So far this year, more than 14,000 Oregonians have run out of jobless...Source: RSS feed - channel BNewsBusiness | 3 Jul 2010 | 6:25 pm BP cautious about gains in Gulf drilling scheduleWork on the best chance at stopping a massive Gulf of Mexico oil leak is ahead of schedule, but BP is sticking with its mid-August estimate of when the job will be done. BP America...Source: RSS feed - channel BNewsBusiness | 3 Jul 2010 | 6:14 pm Tests start on "super skimmer" for Gulf oil spillNEW ORLEANS (Reuters) - A supertanker adapted to scoop up oil from the BP spill in the Gulf of Mexico began tests on Saturday amid a report that some major investors expect the energy giant to replace its top executives.
Source: Reuters: Business News | 3 Jul 2010 | 6:05 pm Obama backs giant solar projectThe US is to give nearly $2bn in loan guarantees to two solar energy companies, creating one of the world's biggest solar energy plants in Arizona.Source: BBC News | Business | World Edition | 3 Jul 2010 | 4:49 pm Colorado bison meat recalled after link to E. coliAbout 66,000 pounds of bison meat processed by a Colorado company is being recalled after federal agriculture officials linked it to E. coli sicknesses. The U.S. Department of...Source: RSS feed - channel BNewsBusiness | 3 Jul 2010 | 4:42 pm Obama awards $2B for solar power, hails new jobs (AP)
Source: Yahoo! News: Business News | 3 Jul 2010 | 3:43 pm US spill panel to hold public meeting July 12-13WASHINGTON, July 3 (Reuters) - A U.S. presidential panel to probe the cause of the massive oil spill in the Gulf of Mexico and recommend new rules to prevent future disasters will hold its first public...Source: RSS feed - channel BNewsBusiness | 3 Jul 2010 | 3:22 pm Germany, Spain snag spots in World Cup semifinalGermany and Spain win spots in World Cup semifinals, while Argentina and Paraguay leave South Africa's soccer stage.
Source: MarketWatch.com - Top Stories | 3 Jul 2010 | 3:07 pm NewsWatch: U.S. stocks to begin new week in vulnerable spotThe U.S. stock market will begin the holiday-shortened week in a precarious state, with the third quarter off to a rotten start and the S&P 500 Index perilously close to breaching 1,000.
Source: MarketWatch.com - Top Stories | 3 Jul 2010 | 3:00 pm £1bn deal for Ontex - Europe's largest nappy makerTPG and Goldman Sachs' private equity wing are closing in on a deal to buy OntexSource: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 3 Jul 2010 | 2:30 pm Goldman Sachs warns on global economic slowdownFresh fears over a global economic slowdown were raised after Goldman Sachs' chief economist warned that data from China and the US revealed any recovery faces a "challenging period".Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 3 Jul 2010 | 2:17 pm Frozen food giants locked in cold war over Unilever's Findus ItalyIt is the battle of the frozen food giants. Fish finger maker Birds Eye Iglo is set to go head to head with Findus Group, famous for its crispy pancakes, in the final round of the £660m bidding war for Unilever's Italian frozen food assets.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 3 Jul 2010 | 2:01 pm BP admits failing to use industry risk test at any of its deepwater wells in the USBP was facing fresh criticism over its approach to safety on Saturday night after critics said it did not use an industry standard process to asses risk ahead of the Deepwater Horizon disaster.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 3 Jul 2010 | 1:55 pm Obama outlines $2 billion in clean-energy fundsU.S. President Barack Obama on Saturday outlined plans to ramp up the number of clean-energy jobs in the U.S., fueling efforts with nearly $2 billion in new conditional commitments to two solar companies.
Source: MarketWatch.com - Top Stories | 3 Jul 2010 | 1:50 pm EU pensions rules will cost Britain £500bnRadical proposals from the European Union could force British companies to inject a further £500bn into their final salary pension schemes, according to the CBI.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 3 Jul 2010 | 1:49 pm Still riding the risk-on, risk-off see-sawA measure of the current volatility in financial markets is the speed with which a trading floor catchphrase has caught on in the media - "risk on" describes those days when the glass seems half full and investors are looking on the bright side, while "risk off" is used on glass-half-empty days when the outlook seems gloomiest.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 3 Jul 2010 | 1:41 pm Keep a close eye on Google's buying spreeLast autumn, the chief executive of Google, Eric Schmidt, said that after another good round of results the digital giant would be making one "small" acquisition a month. With $22bn in annual revenues and a value north of $162bn, the technology company was keen to investigate ways of leveraging its cash pile and finding growth via bolt-ons rather than launching its own new businesses through hiring.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 3 Jul 2010 | 1:39 pm BP bracing for shake-up: reportInvestors are braced for a change in BP PLC's leadership once its leaking oil well in the Gulf of Mexico is capped, which could come in the next few weeks, according to a media report Saturday.
Source: MarketWatch.com - Top Stories | 3 Jul 2010 | 1:33 pm Watch China and US 'like a hawk'With the market signals at danger after the G20, the chief economist at Goldman Sachs warns of the perils ahead should the Big Two fail.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 3 Jul 2010 | 1:32 pm Servicing our debt is tough now, but it's only going to get tougherAfter years, decades even, of fiscal escapism, the Western world is now starting to face reality. The party is over, the clean-up is beginning and - my poor head! - what a debt hangover!Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 3 Jul 2010 | 1:27 pm Public sector workers face increase in pension contributionsMillions of public sector workers face having to dramatically increase contributions to their pensions because of the rapidly increasing cost of public sector pension provision.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 3 Jul 2010 | 1:23 pm Job gloom at all-time highMore Americans than ever before feel they have no hope of finding a job.Source: Business and financial news - CNNMoney.com | 3 Jul 2010 | 1:02 pm Stocks to Watch: Stocks to Watch Tuesday: Apple, Allergan, moreApple Inc. and Allergan Inc. are among the companies whose shares are expected to see active trade when Wall Street returns from the Independence Day holiday weekend on Tuesday.
Source: MarketWatch.com - Top Stories | 3 Jul 2010 | 12:10 pm Bruised Wall Street stocks to get holiday breather (AFP)
Source: Yahoo! News: Stock Markets News | 3 Jul 2010 | 11:53 am IMF mission agrees on $14.9 billion loan for UkraineKIEV (Reuters) - An International Monetary Fund mission said on Saturday it had agreed to recommend a loan of $14.9 billion for Ukraine in a deal to help fill the country's budget gap and boost investor confidence.
Source: Reuters: Business News | 3 Jul 2010 | 11:23 am IMF mission agrees on $14.9 billion loan for Ukraine (Reuters)
Source: Yahoo! News: Business News | 3 Jul 2010 | 11:23 am Mortgage rates scream buy, but who is listening? (AP)
Source: Yahoo! News: Business News | 3 Jul 2010 | 10:16 am Lawyer's past censure hushedA lawyer struck off for "egregious" breaches in his duty to Blue Chip investors had been censured before for similar offences. The news of Jonathan Mathias' previous offending had been kept so well under wraps that not even those...Source: nzherald.co.nz - Business | 3 Jul 2010 | 10:00 am Michael Hill loses sparkleJewellery retailer Michael Hill has received stinging criticism over his first public motivational seminar, after attendees complained it was no more than a recruitment drive for the company.The seminar, held at the 2500-capacity...Source: nzherald.co.nz - Business | 3 Jul 2010 | 10:00 am Lender under lensThe Companies Office is to investigate failed finance company Rockforte Finance.Gisborne-based Rockforte, which entered into the Government's deposit guarantee scheme in February last year, was placed in receivership by its trustee...Source: nzherald.co.nz - Business | 3 Jul 2010 | 10:00 am Kiwi medicine joins forces with Korean tech know-howA robotic rest home caregiver called Charlie may be the start of a lucrative conjoint Korean/New Zealand healthcare industry."Charlie", launched last year, is being tested at Selwyn Retirement Village in Pt Chevalier. It is the...Source: nzherald.co.nz - Business | 3 Jul 2010 | 10:00 am Kerre Woodham : Smith's ETS backflipWhat a red letter day on Thursday! We saw the introduction of the ETS - the scheme that few understand and that no-one believes will save the planet. Nick Smith's backflip on this is breathtaking. In 2005 he thundered in what...Source: nzherald.co.nz - Business | 3 Jul 2010 | 10:00 am Bernard Hickey: 'Recovery' is a difficult roadThis economic recovery feels like a Clayton's Recovery: the economic recovery you're having when you're not having an economic recovery.Recoveries following the slowdowns of the 10 years between 1998 and 2008 had bounce and snap...Source: nzherald.co.nz - Business | 3 Jul 2010 | 10:00 am NewsWatch: U.S. stocks to begin new week in vulnerable spotThe U.S. stock market will begin the holiday-shortened week in a precarious state, with the third quarter off to a rotten start and the S&P 500 Index perilously close to breaching 1,000.
Source: MarketWatch.com - Top Stories | 3 Jul 2010 | 10:00 am Strands streets ahead in valueThere's good news for homeowners whose address ends in Strand - you're settled in some of New Zealand's most exclusive and expensive properties.But people living on a Line, Belt or Street own some of the least valuable homes.Property...Source: nzherald.co.nz - Business | 3 Jul 2010 | 10:00 am Sold for under $2mA waterfront bach in one of Auckland's most exclusive streets with panoramic views over the Waitemata Harbour has sold for under its almost $2 million valuation.The two-bedroom home on Cliff Rd in St Heliers was on the market...Source: nzherald.co.nz - Business | 3 Jul 2010 | 10:00 am Damien Grant: Statutory management flirts with mob ruleIt is deeply irritating to see the likes of Rod Petricevic and Mark Bryers enjoying the fruits of their questionable labour as the judicial process grinds so very slowly after them.But there is also something reassuring about...Source: nzherald.co.nz - Business | 3 Jul 2010 | 10:00 am Money-saving tips for a summer abroadSource: Business and financial news - CNNMoney.com | 3 Jul 2010 | 8:36 am Buffett gives charities $1.93bnThe billionaire investor Warren Buffett donates shares worth $1.93bn to five charitable foundations.Source: BBC News | Business | World Edition | 3 Jul 2010 | 8:23 am MPs want new ban on ticket toutsA number of MPs are calling for the prohibition of ticket-touting at major sporting events to be widened.Source: BBC News | Business | World Edition | 3 Jul 2010 | 7:01 am NewsWatch: U.S. stocks in the red, post weekly lossesDisappointing jobs data sends U.S. stocks lower Friday, capping the final session of a bruising week that sent major market measures to their lowest levels this year.
Source: MarketWatch.com - Top Stories | 3 Jul 2010 | 7:00 am CTF mutual suspends new businessA major provider of stock market based child trust funds stops taking new business on all but the most basic accountsSource: BBC News | Business | World Edition | 3 Jul 2010 | 6:44 am EADS CEO slams Boeing "propaganda," and sees WTO appealAIX-EN-PROVENCE, France (Reuters) - EADS Chief Executive Louis Gallois on Saturday slammed arch-rival Boeing's "propaganda campaign" over a World Trade Organization panel ruling and said it was a sign of fear ahead of a decision on a hotly contested U.S. aerial tanker contract.
Source: Reuters: Business News | 3 Jul 2010 | 6:17 am Top Ten: The week's Top 10 videos on MarketWatchIn case you missed them, here are the top 10 videos that appeared on MarketWatch for the week of June 28-July 2:
Source: MarketWatch.com - Top Stories | 3 Jul 2010 | 6:01 am Personal Finance Daily: The week's 10 best Personal Finance storiesIn case you missed them, here are the top 10 Personal Finance stories from MarketWatch for the week of June 28-July 2:
Source: MarketWatch.com - Top Stories | 3 Jul 2010 | 6:00 am 7.9 million jobs lost - many foreverThe recession killed off 7.9 million jobs. It's increasingly likely that many will never come back.Source: Business and financial news - CNNMoney.com | 3 Jul 2010 | 5:35 am Parisians say bonjour to the Apple StoreSource: Business and financial news - CNNMoney.com | 3 Jul 2010 | 5:23 am GM IPO Could Come In AugustGM’s IPO may come as early as next month after a long period of media speculation about the event and comments from the car company’s CEO Ed Whitacre, according to several media reports. GM has apparently hired Morgan Stanley Group (NYSE: MS) and JP Morgan Chase (NYSE: JPM) to handle the underwriting. The IPO will [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 3 Jul 2010 | 4:49 am Auto Review: 2011 Jeep Grand Cherokee: Grounded in the basicsThe top of the line Overland model I briefly test drove seemed very comfortable with a nice fat steering wheel and easy-to-read gauges.
Source: MarketWatch.com - Top Stories | 3 Jul 2010 | 4:01 am
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