2011 Kia Sorento EX

A look at the 2011 Kia Sorento EX

Source: MarketWatch.com - Top Stories | 10 Jul 2010 | 4:01 am

Auto Review: 2011 Kia Sorento EX: Highly recommended crossover

There was very little to dislike about the new Sorento and it carries this writer’s firm recommendation for those looking for a well-made, seemingly long-lasting crossover.

Source: MarketWatch.com - Top Stories | 10 Jul 2010 | 4:01 am

FAA tells airlines to fix cockpit window heaters (AP)

AP - Airlines will have to inspect the cockpit window heaters on 1,212 Boeing airliners and perhaps replace the windows under a safety order the Federal Aviation Administration said Friday it plans to issue next week.

Source: Yahoo! News: Business News | 10 Jul 2010 | 2:59 am

FDA review spotlights heart risk of diabetes pill (AP)

AP - Federal health scientists have panned a GlaxoSmithKline study that the company used to defend the safety of its embattled diabetes drug Avandia, a once blockbuster-seller that has fallen out of favor because of potential ties to heart attacks.

Source: Yahoo! News: Business News | 10 Jul 2010 | 2:59 am

Feds say new cap could contain Gulf leak by Monday (AP)

AP - Undersea robots manipulated by engineers a mile above will begin work Saturday removing the containment cap over the gushing well head in the Gulf of Mexico, the first part of a plan that could lead to the containment of all the oil as soon as Monday.

Source: Yahoo! News: Business News | 10 Jul 2010 | 2:59 am

China shrugs off global fears with export strength

BEIJING (Reuters) - China's trade surplus in June topped expectations on surprising strength in exports that suggests the global economic recovery has remained on track despite worries about a fresh slowdown.

Source: Reuters: Business News | 10 Jul 2010 | 2:46 am

BP in fresh bid to plug oil leak

BP is to start replacing the cap over the blown-out oil well in the Gulf of Mexico, in its latest bid to stem the oil leak.
Source: BBC News | Business | World Edition | 10 Jul 2010 | 1:23 am

Duncan: Congress needs to act now on school money (AP)

AP - U.S. Education Secretary Arne Duncan urged Congress on Friday to act soon to increase education funding because cash-strapped states can't wait until the fall to determine if they must lay off thousands of teachers.
Source: Yahoo! News: Business News | 10 Jul 2010 | 1:04 am

Baseball fans, Disneyland tourists to converge in Anaheim

The MLB All-Star event is expected to bring at least 100,000 more visitors — and $85 million in spending — during peak summer vacation season. The city, hotels and restaurants welcome the prospect...
Source: RSS feed - channel BNPaperBusiness | 10 Jul 2010 | 1:00 am

Vidcon conference celebrates YouTube culture

The event attracts more than 1,400 video bloggers from all corners of the world to Century City. Los Angeles,...
Source: RSS feed - channel BNPaperBusiness | 10 Jul 2010 | 1:00 am

California utilities struggle to meet renewable-power requirement

The three large investor-owned utilities have less than six months to comply with a law requiring them to procure 20% of retail electricity sales from clean sources. ...
Source: RSS feed - channel BNPaperBusiness | 10 Jul 2010 | 1:00 am

Dark-horse team enters bidding for Pentagon tanker contract

U.S. Aerospace and Ukrainian plane maker Antonov said they have joined forces to compete against Boeing and EADS, parent of Airbus, for the $35-billion deal. ...
Source: RSS feed - channel BNPaperBusiness | 10 Jul 2010 | 1:00 am

Google says its license to operate in China was renewed

The move comes as a surprise in light of the company's dispute with the government over censorship. A Google Inc...
Source: RSS feed - channel BNPaperBusiness | 10 Jul 2010 | 1:00 am

Labor dispute threatens ports of L.A., Long Beach

Contract negotiations with the maritime clerks union are slow and contentious. The sticking point, insiders say, is an agreement reached last year that relieves employers of certain costs.

A labor dispute with the potential to shut down much of the nation's busiest seaport complex may drag for weeks as the maritime clerks union and employers argue about a little-known agreement reached during the depth of the global recession.

Source: L.A. Times - Business | 10 Jul 2010 | 1:00 am

Labor dispute threatens ports of L.A., Long Beach

Contract negotiations with the maritime clerks union are slow and contentious. The sticking point, insiders say, is an agreement reached last year that relieves employers of certain costs. ...
Source: RSS feed - channel BNPaperBusiness | 10 Jul 2010 | 1:00 am

Twitter hires Obama administration's Katie Stanton

The former Google veteran, who has worked in the White House and State Department, will lead Twitter's international strategy. ...
Source: RSS feed - channel BNPaperBusiness | 10 Jul 2010 | 1:00 am

Lions Gate, Icahn call 10-day truce

The production company and the investor are to spend the time searching for common ground on potential mergers and acquisitions. ...
Source: RSS feed - channel BNPaperBusiness | 10 Jul 2010 | 1:00 am

Google says its license to operate in China was renewed

The move comes as a surprise in light of the company's dispute with the government over censorship.

A Google Inc. official said China had renewed the search engine's license to operate its website in China, a move that came as a surprise after the company engaged in a contentious spat with authorities over censorship.

Source: L.A. Times - Business | 10 Jul 2010 | 1:00 am

Twitter hires Obama administration's Katie Stanton

The former Google veteran, who has worked in the White House and State Department, will lead Twitter's international strategy.

Katie Jacobs Stanton, a former Google Inc. veteran who took White House and State Department jobs in the Obama administration, is returning to California to join Twitter Inc.

Source: L.A. Times - Business | 10 Jul 2010 | 1:00 am

California utilities struggle to meet renewable-power requirement

The three large investor-owned utilities have less than six months to comply with a law requiring them to procure 20% of retail electricity sales from clean sources.

California boasts some of the toughest standards in the nation for boosting the use of renewable power. Getting utilities to meet those mandates is proving to be even tougher.

Source: L.A. Times - Business | 10 Jul 2010 | 1:00 am

Lions Gate, Icahn call 10-day truce

The production company and the investor are to spend the time searching for common ground on potential mergers and acquisitions.

Lions Gate Entertainment and Carl Icahn are hitting the pause button on their battle for control of the movie and television production company.

Source: L.A. Times - Business | 10 Jul 2010 | 1:00 am

Dark-horse team enters bidding for Pentagon tanker contract

U.S. Aerospace and Ukrainian plane maker Antonov said they have joined forces to compete against Boeing and EADS, parent of Airbus, for the $35-billion deal.

The Pentagon entered the home stretch to replace its fleet of 1950s-era Air Force refueling tankers with three bids turned in by Friday's deadline.

Source: L.A. Times - Business | 10 Jul 2010 | 1:00 am

Baseball fans, Disneyland tourists to converge in Anaheim

The MLB All-Star event is expected to bring at least 100,000 more visitors — and $85 million in spending — during peak summer vacation season. The city, hotels and restaurants welcome the prospect.

For Anaheim, the boys of summer should produce big profits in July.

Source: L.A. Times - Business | 10 Jul 2010 | 1:00 am

Vidcon conference celebrates YouTube culture

The event attracts more than 1,400 video bloggers from all corners of the world to Century City.

Los Angeles, already the capital of movies, music and tearful celebrity courtroom breakdowns, has acquired another distinction — it's the epicenter for YouTube videos.

Source: L.A. Times - Business | 10 Jul 2010 | 1:00 am

China sees surge in trade surplus

China records its biggest trade surplus this year, $20bn in June, despite fears the European debt crisis would damage growth.
Source: BBC News | Business | World Edition | 10 Jul 2010 | 12:25 am

GOP candidate Angle to rally GOP against Reid (AP)

AP - U.S. Senate candidate Sharron Angle on Friday denounced Majority Leader Harry Reid as a "desperate man" who was distorting her conservative record while ignoring a state that leads the nation in joblessness, foreclosures and bankruptcies.

Source: Yahoo! News: Business News | 10 Jul 2010 | 12:23 am

1 more round, perhaps, for Boeing and EADS (AP)

AP - For the companies vying over the last decade for the Air Force's troubled $35 billion refueling plane contract, it is try, try and try again.

Source: Yahoo! News: Business News | 9 Jul 2010 | 11:39 pm

China says exports up 35 percent in June (AP)

AP - China's customs agency on Saturday said that exports were up 35 percent in June from a year ago, while imports rose almost 53 percent. The figures showed the largest monthly trade surplus so far this year, $20 million, despite the debt problems of China's largest trading partner, the European Union.
Source: Yahoo! News: Business News | 9 Jul 2010 | 11:05 pm

China says exports up 35 percent in June

China's customs agency on Saturday said that exports were up 35 percent in June from a year ago, while imports rose almost 53 percent. Exports to China's largest trading partner, the...
Source: RSS feed - channel BNewsBusiness | 9 Jul 2010 | 10:25 pm

Airlines 'fail to refund taxes'

Airlines are accused of keeping millions of pounds for themselves which ought to be refunded to passengers.
Source: BBC News | Business | World Edition | 9 Jul 2010 | 10:14 pm

Economists see U.S. recovery weakening: survey

WASHINGTON (Reuters) - The U.S. economy will lose steam as the year progresses but will not slide back into recession, even though unemployment is unlikely to fall significantly, according to a survey released on Saturday.

Source: Reuters: Business News | 9 Jul 2010 | 10:02 pm

Economists see U.S. recovery weakening: survey

WASHINGTON (Reuters) - The U.S. economy will lose steam as the year progresses but will not slide back into recession, even though unemployment is unlikely to fall significantly, according...
Source: RSS feed - channel BNewsBusiness | 9 Jul 2010 | 10:02 pm

Market Snapshot: U.S. stocks to test gains in debut earning week

The U.S. stock market’s recent gains will be put to the test in the coming week as investors digest a torrent of major earnings and data, which may further mute hopes of economic recovery.

Source: MarketWatch.com - Top Stories | 9 Jul 2010 | 10:01 pm

ALL BUSINESS: Once lauded, BP no corporate citizen

Milton Friedman once said companies can't be socially responsible because they only exist to make as much money as possible. The late Nobel laureate economist would appreciate what's...
Source: RSS feed - channel BNewsBusiness | 9 Jul 2010 | 10:00 pm

5 Ways to Invest Globally (Magazine Cover)

Sticking too close to home could mean missing out on some fast-growing foreign markets.

Source: SmartMoney.com | 9 Jul 2010 | 9:46 pm

Dow ends week up 5.3 pct, its best gain in a year (AP)

AP - The stock market ended its best week in a year with another gain Friday as investors bet that companies will report strong second-quarter earnings.

Source: Yahoo! News: Stock Markets News | 9 Jul 2010 | 9:14 pm

Retirement: Pay less tax

Question: I have been contributing the maximum to my 401(k) for some time now. But are there any other tax-friendly ways I can save even more for retirement? -- David W., Carlsbad, Calif.
Source: Business and financial news - CNNMoney.com | 9 Jul 2010 | 8:37 pm

'Soccer City, USA'

Pullen Portland, Ore. is the city of a thousand nicknames. "Stumptown," perhaps its oldest, harkens back to the region's logging roots. "Beervana," a nod to the city's renowned craft brew scene, is another favorite. Rumor has it, violent protests prompted George H. W. Bush's staff to christen the city "Little Beirut." But if Henry Merritt Paulson III has his way, "Soccer City USA," may become Portland's next big moniker.
Source: Business and financial news - CNNMoney.com | 9 Jul 2010 | 8:30 pm

College grads take a pay cut

Graduates in the class of 2010 are making a little less money at new jobs than those who finished school last year, with the weak economy the prime culprit, according to a report released Thursday.
Source: Business and financial news - CNNMoney.com | 9 Jul 2010 | 8:23 pm

Motorola's Droid X: Big is beautiful, if you can fit it in your pocket

Motorola's Droid X is a Verizon Wireless smart phone powered by Google's Android operating system.
Source: RSS feed - channel BNPaperBusiness | 9 Jul 2010 | 8:19 pm

IRS keeping close eye on musicians' tour dollars (Reuters)

Reuters - U.S. touring revenue from international musicians appears to be on the taxman's radar.
Source: Yahoo! News: Business News | 9 Jul 2010 | 8:18 pm

Payday lending company leaves Ariz. after law ends

Another payday lending company's decision to leave the state shows the expiration of a law that allowed high-interest loans is working, Arizona Attorney General Terry Goddard said. ...
Source: RSS feed - channel BNewsBusiness | 9 Jul 2010 | 6:56 pm

KFS Capital LLC Increases its Cash Offer for Units of Kingsway Linked Return of Capital Trust to C$20.00 per Unit, an Increase of $2.50 per Unit From its Prior Offer

Source: RSS feed - channel BNewsBusiness | 9 Jul 2010 | 6:39 pm

Filmmaker in Dole case: I was never a 'yes man'

A filmmaker whose interviews in Nicaragua are a critical issue in whether a multimillion dollar judgment against Dole Foods will be dismissed insists he "wasn't here to be a yes man" for...
Source: RSS feed - channel BNewsBusiness | 9 Jul 2010 | 6:31 pm

AK renews objection to polar bear critical habitat

Alaska Gov. Sean Parnell says an independent economic analysis shows the federal government has dramatically underestimated the potential effect of designating critical habitat for polar...
Source: RSS feed - channel BNewsBusiness | 9 Jul 2010 | 6:27 pm

Customers 1st Bank(SM) Acquires USA Bank of Port Chester, NY

Source: RSS feed - channel BNewsBusiness | 9 Jul 2010 | 6:23 pm

Playlist: Totally 80's

Check out Marketplace Director Caitlan Carroll's picks for today's musical bridges and why she picked them.
Source: Marketplace | 9 Jul 2010 | 6:14 pm

Anadarko best, Family Dollar worst stocks for week

Energy and financials stocks were among the top gainers in the S&P 500 Index this week, with retail stocks landing at both the top and bottom of the index.

Source: MarketWatch.com - Top Stories | 9 Jul 2010 | 6:04 pm

FDIC says regulators closed 90th bank of year

WASHINGTON (Reuters) - U.S. regulators on Friday closed Home National Bank in Oklahoma and U.S.A. Bank in New York the Federal Deposit Insurance Corp said.

Source: Reuters: Business News | 9 Jul 2010 | 5:59 pm

FDIC says regulators closed 90th bank of year

WASHINGTON (Reuters) - U.S. regulators on Friday closed Home National Bank in Oklahoma and U.S.A. Bank in New York the Federal Deposit Insurance Corp said.
Source: RSS feed - channel BNewsBusiness | 9 Jul 2010 | 5:59 pm

Weekend Investor: 2010 investment ideas that hit -- and missed

The old market adage to 'sell in May and go away' sure has a nice ring to it nowadays, with U.S. stocks posting double-digit losses since their late April peak.

Source: MarketWatch.com - Top Stories | 9 Jul 2010 | 5:50 pm

Number of bank failures hits 90 for the year

Regulators on Friday shut down banks in Maryland, Oklahoma and New York, lifting to 90 the number of U.S. bank failures this year. The Federal Deposit Insurance Corp. said it was...
Source: RSS feed - channel BNewsBusiness | 9 Jul 2010 | 5:24 pm

China renews Google web licence

China renews Google's licence to operate in China, the internet giant says, ending a long-running stand-off between the two.
Source: BBC News | Business | World Edition | 9 Jul 2010 | 5:19 pm

BP pins hopes on new cap for well

BP was preparing to fit a new containment cap on its blown-out Macondo well in the Gulf of Mexico that could allow it to stop the leaking oil before the end of the month
Source: Financial Times - US homepage | 9 Jul 2010 | 5:16 pm

Smartphone firms face patent row

Six smartphone firms including Apple and Nokia are sued by a firm that has previously won a case against Blackberry-maker RIM.
Source: BBC News | Business | World Edition | 9 Jul 2010 | 5:12 pm

Lions Gate and Icahn sign 10-day truce to work on deals

Lions Gate Entertainment and Carl Icahn are hitting the pause button on their battle for control of the movie and television production company to search for common ground on potential mergers and acquisitions...
Source: RSS feed - channel BNPaperBusiness | 9 Jul 2010 | 5:03 pm

Latin American Markets: Mexican stocks rise, post weekly advance

Mexican stocks eke out a win Friday, with cement maker Cemex SA and Compania Minera Autlan helping the market notch its first weekly gain in three.

Source: MarketWatch.com - Top Stories | 9 Jul 2010 | 5:03 pm

Wall St Week Ahead: Stocks, at crossroads, turn to earnings (Reuters)

Reuters - The U.S. stock market landed at a technical crossroads following its best week in a year, yet the potential for positive earnings surprises beginning next week could give an edge to the bulls.
Source: Yahoo! News: Stock Markets News | 9 Jul 2010 | 5:01 pm

Wall St Week Ahead: Stocks, at crossroads, turn to earnings

NEW YORK (Reuters) - The U.S. stock market landed at a technical crossroads following its best week in a year, yet the potential for positive earnings surprises beginning next week could give an edge to the bulls.

Source: Reuters: Business News | 9 Jul 2010 | 5:01 pm

Stocks: Best week in a year

Stocks rallied Friday, finding momentum at the end of a choppy session ahead of the first wave of quarterly corporate results due out next week.
Source: Business and financial news - CNNMoney.com | 9 Jul 2010 | 4:59 pm

Good week for Wall Street

Stocks ended a big week with modest gains today after China renewed Google's license to operate in the country and traders awaited earnings reports due next week.The Dow Jones industrial average rose 59 points to push its gain...
Source: nzherald.co.nz - Business | 9 Jul 2010 | 4:53 pm

Best Week in a Year for Dow, Up 5.3% (Market Update)

Stocks climbed Friday, capping their best week in nearly 12 months, as optimism about second-quarter...

Source: SmartMoney.com | 9 Jul 2010 | 4:51 pm

Real Estate Weekly: Foreign buyers focus on homes in four states

Though a tiny portion of the U.S. market, foreign buyers are purchasing homes across the nation, according to a new report. That story and more about are featured in this week's Real Estate Weekly roundup.

Source: MarketWatch.com - Top Stories | 9 Jul 2010 | 4:49 pm

INFORMAL POLL: When being a cheapskate backfires

Share your story about a time being a cheapskate actually cost you money, and you could win a special-edition piggy bank!
Source: Marketplace Money | 9 Jul 2010 | 4:40 pm

Wells Fargo cuts free checking ahead of new rules

CHARLOTTE, North Carolina (Reuters) - Wells Fargo & Co will no longer offer free checking for all new customers opening accounts at the bank, a company spokeswoman told Reuters on Friday.

Source: Reuters: Business News | 9 Jul 2010 | 4:40 pm

Google gets nod from China to keep search page

SHANGHAI/NEW YORK (Reuters) - China gave Google Inc approval to keep operating its Chinese search page, resolving a months-long censorship dispute that had threatened its future in the world's top Internet market.

Source: Reuters: Business News | 9 Jul 2010 | 4:39 pm

Dyson, Galloway, Navallier Discuss Apple: Taking Stock Special

Source: Bloomberg - All Podcasts | 9 Jul 2010 | 4:27 pm

Debt collectors get nasty

Debt collectors are getting desperate and dirty.
Source: Business and financial news - CNNMoney.com | 9 Jul 2010 | 4:27 pm

Warning over card cancelling woes

Consumer body Which? calls for changes to the rights of consumers to cancel regular payments made through debit and credit cards.
Source: BBC News | Business | World Edition | 9 Jul 2010 | 4:27 pm

Summary Box: Stocks log best weekly gain in a year (AP)

AP - BIG WEEK: The Dow Jones industrial average rose 59 points Friday, putting its gain for the week at 5.3 percent. That the biggest weekly climb in about a year.
Source: Yahoo! News: Stock Markets News | 9 Jul 2010 | 4:25 pm

Euro pares gains as risk rally slows

The recovery in global stock markets continues after South Korea increases interest rates, but a falling euro pares gains
Source: Financial Times - US homepage | 9 Jul 2010 | 4:20 pm

Nick Godt's Market Medics: Canada's mysterious success is bad omen for U.S.

A nation where big money and business interests don’t have as much sway over policies as in the U.S. points out why economic prospects in the States are getting grimmer.

Source: MarketWatch.com - Top Stories | 9 Jul 2010 | 4:18 pm

How the major stock indexes fared on Friday (AP)

AP - The stock market ended its best week in a year with another gain Friday as investors placed their last bets before the start of second-quarter earnings reports. The Dow Jones industrial average rose 59 points, or 0.6 percent. That gave the Dow its biggest weekly advance in a year, 5.3 percent.
Source: Yahoo! News: Stock Markets News | 9 Jul 2010 | 4:08 pm

Top Ten: Top 10 MarketWatch stories: July 5-9

A look at the week's top stories from MarketWatch.

Source: MarketWatch.com - Top Stories | 9 Jul 2010 | 4:03 pm

Patent troll sues most of the tech universe

NTP Inc., a patent holding company that shook up the tech world in several years ago by extracting a pricey legal settlement from BlackBerry maker Research in Motion, announced Friday it had launched a fresh barrage of patent infringement lawsuits against the tech world's leading lights.
Source: Business and financial news - CNNMoney.com | 9 Jul 2010 | 4:02 pm

Energy stocks clinch fourth day of gains

Oil and gas stocks make it a fourth day of gains Friday, outpacing the broader equities market in a week that saw the energy sector's major indexes advance 6.5% or more.

Source: MarketWatch.com - Top Stories | 9 Jul 2010 | 3:54 pm

The Friday Podcast: LeBronomics

Source: NPR Blogs: Planet Money | 9 Jul 2010 | 3:45 pm

Bulls see tech stock bargains ahead of earnings

BOSTON (Reuters) - Some investors are betting on major technology stocks ahead of the earnings season kicking off next week, seeing them as oversold on fears about the slowing U.S. and European economies.

Source: Reuters: Business News | 9 Jul 2010 | 3:44 pm

Wall Street marks best week in a year (Reuters)

Reuters - Wall Street closed out its best week in a year on Friday, snapping back from a long stretch of selling, as investors looked ahead to what many expect will be a solid earnings season.

Source: Yahoo! News: Stock Markets News | 9 Jul 2010 | 3:42 pm

Wall Street marks best week in a year

NEW YORK (Reuters) - Wall Street closed out its best week in a year on Friday, snapping back from a long stretch of selling, as investors looked ahead to what many expect will be a solid earnings season.

Source: Reuters: Business News | 9 Jul 2010 | 3:42 pm

Antofagasta Raised to `Buy,' Conceptus Cut to `Hold': Audio

Source: Bloomberg - All Podcasts | 9 Jul 2010 | 3:27 pm

NTP sues smart-phone makers over patents

NTP is going after Apple, Google and others over eight patents related to wireless e-mail.

A company that won a massive settlement in litigation over the BlackBerry wireless e-mail system four years ago is going after the latest entrants in the smart-phone market.

Source: L.A. Times - Business | 9 Jul 2010 | 3:27 pm

Write-Offs: 07.09.10

$$$ Is BP For Sale [FBN]

$$$ Man shot three times in Stamford. One of the robbers pulled out a gun and shot the man in his both legs and his scrotum as he fled, police said. His gun shot wounds were not life-threatening. [SA]

$$$ At Icahn Group, The Son Also Rises [WSJ]

$$$ To Sue Or Not To Sue [Fins]

$$$ Convicted Analyst Points Finger At NIR Group founder Ribotsky [Forbes]

$$$ The Top 6 Game-Changing Hedge Funds [Big Think]

Hedge fund - Son Also Rises - Scrotum - Stamford Connecticut - Business
Source: Dealbreaker | 9 Jul 2010 | 3:14 pm

Correction: Wall Street Week Ahead story (AP)

AP - In a July 4 story on the odds of the stock market recovering following its second-quarter decline, The Associated Press erroneously reported that since the Great Crash of 1929, stocks rose seven times out of 10 in the quarters that immediately followed quarterly drops of at least 5 percent. Stocks actually rose 5.9 times out of 10.
Source: Yahoo! News: Stock Markets News | 9 Jul 2010 | 3:07 pm

Financial Journalists Find New And Inventive Way To Kick UBS While It’s Down

As you may have heard, there’s a World Cup outcome-predicting cephalopod mollusk that people are just obsessed with. So famous he is for being (completely randomly) right every damn time, that he’s actually started to receive death threats, which is how you know you’ve made it. As you may have also heard, there’s a bank called UBS that can’t do anything right. It is pretty much at this point a commonly accepted fact. So this just seems gratuitous and uncalled for.

Paul the Octopus on Friday predicted Spain to win the World Cup Final. That’s something the math modelers at investment banks just didn’t see coming. Paul is flawless in his picks to far, contrasting sharply with predictions made by banks ahead of the tournament. UBS, for example, gave Spain just a 4 percent chance of winning the trophy with their past performance model. The Netherlands, who meet Spain in the final Sunday, had just an 8 percent chance, the bank said.

Octopus Outshines Investment Bank “Experts” [CNBC]

World Cup - Netherlands - 2010 FIFA World Cup - Spain national football team - sport
Source: Dealbreaker | 9 Jul 2010 | 3:05 pm

Boyden’s Branthover Discusses Job Search Advice: Taking Stock

Source: Bloomberg - All Podcasts | 9 Jul 2010 | 3:04 pm

Auto prices rise in U.S. despite sluggish sales

Consumers spent an estimated average of $29,217 on a new car or truck from January through May — an increase of $1,057, or 3.7%, from last year.

Though sales of cars and trucks in the U.S. continue to be more sluggish than expected, automakers are enjoying the largest increase in average transaction prices in more than five years.

Source: L.A. Times - Business | 9 Jul 2010 | 3:01 pm

Bull vs Bear: Who's right about FTSE's recovery?

With the blue-chip index surging 6.1pc over the week - its biggest jump in a year - we ask two City figures what's next for share prices.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 9 Jul 2010 | 2:56 pm

Russell’s Wood Discusses Stock Market Concerns: Taking Stock

Source: Bloomberg - All Podcasts | 9 Jul 2010 | 2:47 pm

If the UK is to compete with China and India, we have to pick winners

Michael Geoghegan, the chief executive of HSBC, was feeling the heat on Friday in London. It was, he said, warmer here than in Hong Kong where he relocated his office to last year, although not quite as hot as Doha where he'd just flown in from.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 9 Jul 2010 | 2:44 pm

Pump prices end the week lower, oil higher (AP)

AP - Drives to the beach and summer road trips will cost less this weekend, with average gasoline pump prices around the country more than four cents lower than a week ago.

Source: Yahoo! News: Business News | 9 Jul 2010 | 2:41 pm

Here’s Why Sean Michael Carey Wants You To Punch Jamie Dimon In The Balls

Yesterday a fellow named Sean Michael Carey started a Facebook group called “Punch Jamie Dimon (CEO of JPMorgan Chase) in the Balls,” the stated purpose being exactly that. He didn’t say why he wanted someone to inflict harm on JD’s (glorious, possibly cup-protected) sack, only that after doing so, you should add “Sean Michael Carey sends his regards, fucker.” Today Daily Intel found out the source of SMCs beef toward James: after bouncing a few checks, Chase froze his account and said they were investigated him for check fraud. And then:

“I get a letter that says if it comes back that I haven’t committed fraud, they would mail me a check in ten to fifteen days.” Carey was pissed: JPMorgan had hijacked all of his cash, and he had no recourse. “I’ve spent, in the last week, about nine hours on hold with customer service,” he said. “It’s so not like that when you’re an employee [which he was, back in the day]. You get right through.” Frustrated, he turned to Facebook: “I wanted to punch someone. Not one of the customer-service people, it was like, I wanted Chase Manhattan personified. When I got home, I thought: The CEO, that’s who I want to punch,’” he said.

Man Explains Why He Would Like to Punch Jamie Dimon in the Balls [Daily Intel]

Source: Dealbreaker | 9 Jul 2010 | 2:36 pm

Presented By:

Source: Dealbreaker | 9 Jul 2010 | 2:36 pm

Inflation pressures ease but UK trade deficit widens

There were mixed messages for the economy as factory gate inflation fell unexpectedly last month but Britain's trade position worsened.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 9 Jul 2010 | 2:34 pm

SEC pushes tighter market-making rules: sources

NEW YORK/WASHINGTON (Reuters) - Securities regulators are moving quickly to tighten rules for market makers to ensure there is liquidity during stressful times and avoid a repetition of May's brief market crash, said sources familiar with the discussions.

Source: Reuters: Business News | 9 Jul 2010 | 2:21 pm

Dollar higher as investors await earnings reports (AP)

AP - The dollar edged higher against major currencies Friday on downbeat economic news as investors awaited earnings reports due next week.
Source: Yahoo! News: Business News | 9 Jul 2010 | 2:17 pm

Sowanick, Riedel Discuss Munis, China’s Economy: Taking Stock

Source: Bloomberg - All Podcasts | 9 Jul 2010 | 2:14 pm

PT Cruiser: What ended a sweet ride

PT Cruisers were a big deal when they hit the scene a decade ago. One million vehicles later, the last of the once trend-leaders are rolling off the line. Alisa Roth explores what ended the Cruiser's journey and peeks into one particularly tricked-out model.
Source: Marketplace | 9 Jul 2010 | 2:04 pm

Retirement Roundup: Facing Fears

SmartMoney's weekly look at retirement news from around the web.

Source: SmartMoney.com | 9 Jul 2010 | 1:56 pm

Baugur boss Jon Asgeir Johannesson down to his 'last million'

Jon Asgeir Johannesson, the Icelandic retail tycoon who made £600m buying up British high street chains, has claimed in court that he is now down to his last million.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 9 Jul 2010 | 1:56 pm

Arguments Against A Double-Dip Recession: 15 Economic Safety Nets (GOOG, NBG, IRE, TLT, SPY, DIA, BP, XOM, CVX, GLD, CAT, POT, TLSA, BRK-A, GE)

Maybe the markets felt directionless for most of Friday with no real direction before earnings season, but the trading action of this week might be enough to at least make some wonder if a Double-Dip Recession is less and less likely.  The economic recovery has been faltering in the latest economic data and there is [...]

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Source: 24/7 Wall St. | 9 Jul 2010 | 1:51 pm

UK company invents chewing gum that can be washed off with water

Revolymer has come up with a gum which can be removed from the streets, shoes, clothes and hair with nothing more than soap and water.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 9 Jul 2010 | 1:49 pm

Big inflows into money market funds

Investors have poured tens of billions of dollars into money market funds amid fears that a double-dip recession in the developed world could send financial markets tumbling
Source: Financial Times - US homepage | 9 Jul 2010 | 1:40 pm

Without James, Cleveland says it will fall

Part of the city of Cleveland's plea to now ex-Cavaliers superstar LeBron James was that the local economy would tank if he left. But some analysts say there's life after LeBron. Eve Troeh reports.
Source: Marketplace | 9 Jul 2010 | 1:35 pm

Weaker economic view, stronger 3-year sale

NEW YORK (Reuters) - Despite the recent lows that Treasury yields across the curve have plumbed, primary dealers are expecting Monday's sale of $35 billion in three-year notes to proceed without a hitch and, unless there is a significant rally immediately beforehand, without a tail.

Source: Reuters: Business News | 9 Jul 2010 | 1:30 pm

A look at global economic developments (AP)

AP - A look at economic developments and activity in major stock markets around the world Friday:
Source: Yahoo! News: Stock Markets News | 9 Jul 2010 | 1:24 pm

Hedge Fund Manager Steven Bell Unwittingly Gives Ray Dalio A Few Ideas For Updated Version Of “Principles” While Decrying “Megalomaniac’s” Methods

Silly little Brit.

“What kind of firm issues an edict to ban gossip? It’s kind of like saying (1) ‘Don’t spend more than 45 seconds in the lavatory.’ Is the guy (2) going to monitor people by the water cooler? Do you (3) have to have a member of compliance with you if you go out for a drink? They’ll drink Perrier or something? If a firm’s got a problem with gossip, it’s a problem with the firm. I think a little bit of gossip lights the air. It just seems to me something symptomatic of something seriously wrong with the firm. Honestly, how many firms have failed because of an outbreak of office gossip? I think someone’s got a bit of a megalomaniac trait if they’re trying to ban gossip.” [BBC]

Earlier: Ray Dalio Explains His “Principles”
Bridgewater Associates: Never say anything about a person you wouldn’t say to him directly. If you do, you’re a slimy weasel.

Source: Dealbreaker | 9 Jul 2010 | 1:24 pm

Power balance shifts at Sun Valley

The big buzz at the annual Sun Valley conference was the sight of Mark Zuckerberg, chief executive of Facebook, stepping into a car with Eric Schmidt, chief executive of Google, that set off rounds of excited speculation
Source: Financial Times - US homepage | 9 Jul 2010 | 1:23 pm

Google, China deal a blueprint for business practices

China renewed Google's license to operate in the country after the search giant made a compromise with the government. The deal could serve as a blueprint for others doing business there.
Source: Marketplace | 9 Jul 2010 | 1:16 pm

Toyota working on Tesla-based electric car

Moving ahead with a partnership announced in May, Toyota is working on a potential new electric car with California's Tesla Motors, a source at the Japanese automaker said.
Source: Business and financial news - CNNMoney.com | 9 Jul 2010 | 1:11 pm

Twitter's profit plans

In March 2006, Jack Dorsey wrote the first tweet ever: "Just setting up my twttr." Inspired by the pithy status updates in the ambulance and taxicab dispatch software he once programmed, Dorsey translated that software model into a real-time stream where more than 190 million users now relay their thoughts in 140 text characters or less.
Source: Business and financial news - CNNMoney.com | 9 Jul 2010 | 1:11 pm

Anadarko rejects BP $272m oil leak bill

Anadarko, BP's partner in leaking Gulf of Mexico oil well, refuses to pay its share of the clean-up costs by Friday deadline.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 9 Jul 2010 | 1:09 pm

BP back home: Sympathy for the devil

BP's name is now forever identified with the worst environmental disaster in U.S. history. But in the U.K., the oil titan garners a bit more sympathy. Why? Stephen Beard reports.
Source: Marketplace | 9 Jul 2010 | 1:03 pm

Five quits Project Canvas scheme

Channel Five pulls out of Project Canvas - the development of an internet-connected TV set-top box.
Source: BBC News | Business | World Edition | 9 Jul 2010 | 1:02 pm

Weekly Wrap

Fortune Magazine's Leigh Gallagher and Big Money's Heidi Moore review the week on Wall Street with Tess Vigeland.
Source: Marketplace | 9 Jul 2010 | 1:01 pm

Tyler Cowen: LeBron Should Have Gone To NYC (For Maximum Utility)

Source: NPR Blogs: Planet Money | 9 Jul 2010 | 12:52 pm

Google granted new licence in China

Row over China's online search censorship eases as Google secures place in world's largest single market.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 9 Jul 2010 | 12:51 pm

Larry Page: Steve Jobs needs to get it right

Source: Business and financial news - CNNMoney.com | 9 Jul 2010 | 12:50 pm

Obama battles to close Guantánamo

Legal and political challenges are dogging US efforts to close the detention camp, says Anna Fifield
Source: Financial Times - US homepage | 9 Jul 2010 | 12:48 pm

China renews Google web licence

Search group and Beijing’s internet guardians appear to reach compromise which will allow US company to keep operating
Source: Financial Times - US homepage | 9 Jul 2010 | 12:47 pm

Niall Ferguson Discusses His Book `High Financier'

Source: Bloomberg - All Podcasts | 9 Jul 2010 | 12:44 pm

Help the private sector to save the economy

Telegraph View With a severe contraction in the public sector inevitable, the way out for the economy is through private sector job-creation.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 9 Jul 2010 | 12:41 pm

Museum takes on study of suburban life

About 150 million Americans live in the suburbs -- enough of the population to warrant a full-on cultural study. Tess Vigeland talks to Mindi Love, director of a new Kansas City museum dedicated to a scholarly look at suburban life.
Source: Marketplace | 9 Jul 2010 | 12:39 pm

FTSE 100's 6.1pc rise over the week is best in a year

Base metal mining companies helped the FTSE 100 blue-chip index finish the week 6.1pc higher, its biggest weekly gain in a year.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 9 Jul 2010 | 12:34 pm

Earnings Preview: It's All About Guidance (On the Street)

The second quarter may be strong, but what about the second half?

Source: SmartMoney.com | 9 Jul 2010 | 12:32 pm

Project New Bank in 'advanced talks' to hire top managers

Project New Bank, the new retail bank acquisition vehicle spearheaded by City heavyweights Lord Levene, chairman of Lloyd's of London insurance, and Government adviser Sir David Walker, is in advanced talks to hire several senior banking industry managers.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 9 Jul 2010 | 12:28 pm

WaMu, Skilled Healthcare: Bloomberg Law Bankruptcy Review

Source: Bloomberg - All Podcasts | 9 Jul 2010 | 12:22 pm

Hedge funds look for a golden edge

With gyrating financial markets and fears of a double-dip recession some hedge managers are becoming increasingly bullish about the precious metal
Source: Financial Times - US homepage | 9 Jul 2010 | 12:10 pm

The cell phone dead zone

Source: Business and financial news - CNNMoney.com | 9 Jul 2010 | 12:10 pm

Next broke online refunds rules

A BBC investigation finds that Next has been illegally billing customers for delivery charges on promptly returned goods.
Source: BBC News | Business | World Edition | 9 Jul 2010 | 12:08 pm

SEC pushes tighter market-making rules: sources (Reuters)

Reuters - Securities regulators are moving quickly to tighten rules for market makers to ensure there is liquidity during stressful times and avoid a repetition of May's brief market crash, said sources familiar with the discussions.

Source: Yahoo! News: Stock Markets News | 9 Jul 2010 | 12:04 pm

Spy exchange biggest since cold war’s end

Russia and the US on Friday completed the biggest spy swap since the cold war, trading spies between two aircraft on the tarmac at Vienna airport in a bid to prevent damage to an otherwise improved relationship
Source: Financial Times - US homepage | 9 Jul 2010 | 12:01 pm

Did Someone Punch Through A Window At 375 Park Today?

Survey says possibly and/or that they launched a stapler through the thing. From the mailbag:

Did someone lose their sh*t at 375 Park this morning? Heard a window was blown out (as in from the inside), on one of the upper floors. By the time I got there, looks like they had it patched up (guy was still on a lift though). Two people told me there was quite the crowd there this morning. Caution tape everywhere and tourists taking pictures.

Recreation - Arts - Crafts - Stapler - Staple
Source: Dealbreaker | 9 Jul 2010 | 12:00 pm

Thousands of helpers for Olympics

Up to 70,000 people are to be recruited from across the UK to work as volunteers at the 2012 Olympics.
Source: BBC News | Business | World Edition | 9 Jul 2010 | 11:40 am

Confidential To All CEOs, Hedge Fund Managers, Et Al: DON’T LISTEN TO CNBC

CNBC is currently at this moment trying to make the case that the open letter sent by Dan Gilbert to Cavs fans last night was ill-advised. “We’re all for CEO’s speaking their mind but you need to do so in a well-thought out, controlled manner,” said one guest. “This was probably something you wake up and wish you’d hit ’save as draft on’,” commented Melissa Francis. “Don’t do it!” was their general thesis. DON’T LISTEN TO CNBC IS MINE.

Letters like the one from Dan Gilbert are what we need more of in this business. More late-night, likely booze and emotion fueled rants. Interesting use of quotation marks (his “decision,” unlike anything ever “witnessed”). Tantrums in which you go absolutely off the rails. Spectacularly bold claims about all you’re going to achieve “without that breast-growing, panty-wearing tradeaitor.” Prose that suggests you’re going to key a former employee’s car, stalk him and his new boss and, and reassurances to the rest of the staff/investors that “WE DON’T NEED HIM!!!” Have you been wronged? CNBC wants you to keep all this in the lock box. I want you to LET IT OUT. Be the psycho bitch. You won’t regret it, particularly if you consider letting it out on YouTube. I’ll offer a few more examples of what we’re looking for later.

Business - CNBC - Hedge fund - Melissa Francis - Dan Gilbert
Source: Dealbreaker | 9 Jul 2010 | 11:30 am

Why do we pay for more for the same?

Tess Vigeland talks to UCLA Professor Suzanne Shu about why we do the seemingly illogical things we do with credit card points.
Source: Marketplace Money | 9 Jul 2010 | 11:30 am

Letters: Beer, scams, money is power

Host Tess Vigeland reads some of your thoughts on our recent coverage of beer, scams and a study on how handling money makes people feel empowered.
Source: Marketplace Money | 9 Jul 2010 | 11:30 am

I'm a cheapskate, out and proud!

Tess Vigeland talks to author Jeff Yeager about the joys of living below your means.
Source: Marketplace Money | 9 Jul 2010 | 11:30 am

Take my house? I'm moving into yours

Tess Vigeland talks to reporter Bob Moon about the protest against JPMorgan Chase by frustrated home owners that he stopped by.
Source: Marketplace Money | 9 Jul 2010 | 11:30 am

Family takes a risk to stay in hometown

John Hanning is one of the employees at the General Motors plant in Shreveport, La., which will close at some point in the next two years. He took a gamble and opted to stay at the plant instead of transferring.
Source: Marketplace Money | 9 Jul 2010 | 11:30 am

The Dow is falling! Or not?

Tess Vigeland talks to Reuters blogger Felix Salmon about how to make sense of the conflicting headlines coming from business journalism.
Source: Marketplace Money | 9 Jul 2010 | 11:29 am

Getting Personal

Tess Vigeland and Money's economics editor Chris Farrell answer your questions about if a future spouse can also be liable for your debt load, how to budget when you're not sure when your next paycheck is coming and when to refinance your home.
Source: Marketplace Money | 9 Jul 2010 | 11:29 am

Whole foods raises the bar on organic soap labels

Every year, Americans buy over $750 million worth of organic personal care products. But the labeling protocol isn't as strict as it is for other grocery items. So Whole Foods is changing the rules.
Source: Marketplace | 9 Jul 2010 | 11:28 am

China Puts Up More Money to Build Solar Capacity (YGE, STP, TSL, WFR, FSLR, SPWRA)

The government-owned China Development Bank has just made its third massive loan to one of the country’s solar energy makers, bringing its total commitment about $17 billion. The combined size of the loans is large enough to allow China to double the global manufacturing capability for solar wafers and cells.  The latest recipient of the [...]

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Source: 24/7 Wall St. | 9 Jul 2010 | 11:26 am

KiwiRail considers freight exit options

State-owned KiwiRail's freight business will become insolvent if its present situation continues, the Government has been advised.Budget documents reveal that officials have considered exiting rail freight "in a managed manner",...
Source: nzherald.co.nz - Business | 9 Jul 2010 | 11:20 am

This Week’s Links

The Anti-Social Media has some good, if consistently cynical, commentary on the world of social media.

Zero Hedge on why stock picking doesn’t work in today’s market.

James Surowiecki on financial illiteracy in America.

Pragmatic Capitalism vs. inflationary economic dogma (and more–great post).

Here’s a good list of Steve Jobs’ quotes on Bill Gates.

Source: Business Pundit | 9 Jul 2010 | 11:02 am

Succession fears for wealthy Russians

For Alexander Lebedev, hardly a week goes by without a call from a crooked security-services agent or cop angling for a chunk of his $3.4 billion fortune. It's not a lifestyle he wishes for his son, Evgeny."Business in our country...
Source: nzherald.co.nz - Business | 9 Jul 2010 | 10:50 am

Hedge Fund Manager Achieves “Personal Breakthrough” While Reading Twilight, Shares The Moment With Staff

Take it away, Tom Barrack:

Gang,

The last few weeks have been an incredible adventure. Thanks to you, Colony is on fire across the globe and we are conquering new frontiers and new themes on a daily basis in almost every venue in which we conduct our business. You are the A Team and I am deeply grateful and proud of what all of you have “teamed” to our reality.

I am going to share with you a personal breakthrough, which does not relate directly to our business but does reflect upon how we all look at all the “stuff” that drives us on a daily basis. Many of you will think that I have lost my mind or have finally experienced a mystical intervention of “my feminine side”. I promise you, it is neither.

I have had an agonizingly tough couple of weeks and have survived on pure adrenaline in the midst of tumult, controversy, tough negotiations with business counterparts, and a grueling travel itinerary that was challenging even for me. One of the recent meetings was in Turkey with our Mars partners. I made arrangements to have a bit of yacht time with them. When the meeting got cancelled I did the unthinkable for me, have a little down time all to myself. I boarded the gorgeous but stark Turkish Gulet right as the sun was setting. As I made my way into the main cabin I saw something so frightening it left me speechless. There, staring up at me from the ebony coffee table was a book. On the cover was a gorgeous red apple nestled between two soft and caring hands. Between the hands were written the words that strike terror in the hearts of every macho, red-blooded male…TWILIGHT. AAAARRRGGGGHHHH!! Alone, on a boat, with no wifi, no satellite, no magazines, no newspapers, just me and this book. This piece of chick lit, teeny bopper heartthrob stuff. Terror on the high seas! I wanted nothing to do with any of it. Not relevant, not interesting.

As I sat there with nothing to do the book kept taunting me. I began to think that there must be something I don’t understand. What could it be? What is it all about? Women don’t just read these books, they live them. They become each paragraph. I picked it up, but then immediately dropped it like a hot coal. What if someone saw me reading this? My macho reputation would be finished! I would be kicked out of the bench press section of the gym. My polo compadres would send me packing to the pony rides and my surfing buddies would exile me to the kiddie pool.

But it was a long night and there was absolutely nothing, and I mean NOTHING else to do. Long story short – not only did I read Twilight, I read the other two as well!! I was fascinated, captivated even. However, what intrigued me was not the same thing that hooked the millions of women whose lives and had been changed by this series, but something else entirely.

For you male Colonists, here is a brief synopsis. Stubborn teenage girl meets a handsome but moody vampire and against all odds they fall in love.

Here is my macho take – Stephanie Meyer is a total genius. As I flipped through the pages I was startled by the lack of detailed description of Bella and the surgical and illuminating development of Edward. As hard as I tried I could not really picture Bella, but I was grabbed by Edward’s character – gorgeous, super human, super strong, super fast and most importantly encompassing the wisdom of a 109-year-old man in the guise of a 17-year-old boy.

The description of Bella on the other hand, was not moving, or compelling. What I realized is the genius of Stephanie was that she knew that by keeping the character generic, any and every woman could climb inside and picture herself in Bella’s shoes. Thus the fascination and deep emotional reactions to what many (including myself) thought was a foolish teenage trashy novel.

I definitely got that the “anticipation” was much more romantic and sexy than the “consummation” to the woman. Slow, patient, caring, tender…. (guys have you heard those words before?) I found him incredibly appealing as he was taking care of Bella, putting her first, distancing himself from her to protect her and yet never being able to get her out of his mind. The relationship stood the test of time through many years, other men, family challenges and misconceptions of valiant and loving acts. A human relationship with a vampire is challenging on many levels, the least of which being you get older as your partner remain timeless. It was enticing, captivating, alluring…and dangerous. Through it all she believed that she could do it…. change her life… change his life…make it different…in spite of what conventional wisdom dictated.

Every woman longs for the anticipation, the romance, the journey, the taboo, the patience, and the attentiveness. Men, however, are all about the destination, the result, the speed and the outcome. The journey is merely penance to get to the destination. Which is why despite the vampires and werewolves, this book is kryptonite to most men.

In a world of technology these books are unique. There is so little imagination left in most of forms of entertainment today. See it, Google it, play it, do it…there is very little old fashioned make believe anymore. I could go on and on, but I know by now many of you are saying, “what happened to our leader?”… “Maybe Lebanese really is a sexual preference rather than a nationality”. I promise none of the above.

Here is my point. The idea of devoting half a day to reading these books was something that never, NEVER, entered my mind as something I would ever, EVER do. I hated them. I mocked them. It made no difference to me that over 20 million books were sold, movies made, and Team Edward and Team Jacob pandemonium had engulfed the world. I was simply stuck in my point of view.

Once I ventured into the books I learned something. I now understand why some women are emotionally altered from merely reading a book. I have also gained a deeper realization that understanding the circumstances and points of views of those with whom we are negotiating, working, living, loving or fighting is the key determinant factor in an enduring relationship.

In every day business, we think we know it all. We are the captains of our industry and we possess all the global knowledge. That which we don’t understand we push a button and it appears before us. We are lacking creativity…. it is hard for us to dream… harder for us to change our lives… hard to live in a situation that other people view as unconventional. And for sure, we all have no idea on how to be satisfied with the status quo.

It is time for all of us to become more creative, spend more time outside of the strict arithmetic cadence of our business, and understand foreign points of view. Most importantly we must really find the “moment”. Anticipation is everything. The process of getting to a destination is the objective and the more illumination, color, and vitality we give to the “road” the less important the final destination becomes. It will be what it will be!!!

On this 4th of July, slow down, take a breath, rediscover your imagination and create some excitement in your life. Take a few days to expand on the qualities of the character you would really like to become. Then live it, do it, become it! The better you are as an individual, the better we will be as a team.

I feel renewed and refreshed, having gotten out of my comfort zone and experiencing something so totally out of my normal realm. I don’t get it…. but I feel it. Taking the agenda-less time to absorb a point of view that I had ignored while loved ones around me relished in it, was an oasis for my soul. Having been unwilling to investigate the cause of such a startling movement until now was ignorant. Move your cheese!!!! Break through the comfort barriers, you can handle it whatever it is. The earth is turning on its axis. Planets and moons and suns are in orbit. Gravity is pulling and tugging, and molecules and quarks are warring inside of us. We need movement to live…

Do it Now!

Tom

Bella And Edward Who?? [WSJ via Heidi Moore]

Google - Stephenie Meyer - Jacob Black - Bella - Books
Source: Dealbreaker | 9 Jul 2010 | 10:47 am

Washington at bay as states revolt on migrants

Failure to rein in Arizona over ‘illegal aliens’ could lead to a rash of similar laws, writes Edward Luce
Source: Financial Times - US homepage | 9 Jul 2010 | 10:41 am

Report: James Cameron Will Make $350 Million From Avatar

Source: NPR Blogs: Planet Money | 9 Jul 2010 | 10:28 am

BT pay deal averts strike action

BT and the Communication Workers Union reach a deal on pay that will see workers receive a 9.3% pay rise over three years.
Source: BBC News | Business | World Edition | 9 Jul 2010 | 10:25 am

Sell shares of Buffett's Berkshire Inc, says report

OMAHA: An analyst has advised investors to sell shares of Warren Buffett's Berkshire Hathaway Inc because the US economy may weaken over the rest of the year and hurt demand for its businesses that rely on consumer spending.Stifel...
Source: nzherald.co.nz - Business | 9 Jul 2010 | 10:20 am

FTSE 100 ends week up again (AFP)

AFP - London shares ended a positive week on the up as a rise in the price of base metals helped boost the mining sector.

Source: Yahoo! News: Stock Markets News | 9 Jul 2010 | 10:14 am

Aircraft Builders Compete for Air Force Tanker Contract Again

Maybe the third time will be the charm. Today marks the closing date for bids to build a new refueling tanker for the US Air Force. Boeing Co. (NYSE: BA) submitted its 8,000 page bid on the deadline day, following a submission yesterday from the European Aeronautic, Defence & Space Co., known as EADS and [...]

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Source: 24/7 Wall St. | 9 Jul 2010 | 10:07 am

For better or worse: foreign ownership

Prime Minister John Key said this week that he would be concerned if large tracts of New Zealand land were being sold to foreign investors. But data compiled by the Overseas Investment Office shows we are doing just that.But...
Source: nzherald.co.nz - Business | 9 Jul 2010 | 10:00 am

Hubbard's statutory manager set to report

Investors in Allan Hubbard's Aorangi Securities could get their first insight into what went on at the company by early next week.Grant Thornton, the company appointed by the Government to act as the statutory managers of Allan...
Source: nzherald.co.nz - Business | 9 Jul 2010 | 10:00 am

SkyTV to buy outside broadcast operator from Prime

Pay television operator Sky Network Television is buying outside broadcast operator OnSite Broadcasting (NZ) from Australia's Prime Media Group.Prime says the sale price is $35 million but once liabilities are taken into account...
Source: nzherald.co.nz - Business | 9 Jul 2010 | 10:00 am

Telco sale delayed as buyers continue due diligence - report

Australian media reports say Telecom has delayed the sale of its AAPT business by a week as potential purchasers continue due diligence.Final bids were expected yesterday but the Australian Financial Review reported that main...
Source: nzherald.co.nz - Business | 9 Jul 2010 | 10:00 am

Brian Gaynor : Save seat for old pros in adviser school

Financial advisers are heading back to school, regardless of their experience.Under the Code of Professional Conduct for Authorised Financial Advisers, Carmel Fisher, Mary Holm, Gareth Morgan, I and everyone else who offers full...
Source: nzherald.co.nz - Business | 9 Jul 2010 | 10:00 am

Liam Dann : Stimulate - or fix deficits? Ask the octopus...

Should central governments keep pouring on the stimulus or start fixing their deficits, at the risk of creating a double-dip recession?Clearly this is a question for Paul the Octopus because none of the economic experts seems...
Source: nzherald.co.nz - Business | 9 Jul 2010 | 10:00 am

Market Moving Prognosticator Getting Death Threats For Unpopular Calls

This is just like the time Meredith Whitney downgraded Citi.

Meredith Whitney - Business - United States - Home - Wall Street
Source: Dealbreaker | 9 Jul 2010 | 9:41 am

Aquila Discusses M&A, Legal Profession, Economy: BLAW

Source: Bloomberg - All Podcasts | 9 Jul 2010 | 9:33 am

Mediaset Raised to `Buy,' Affymetrix Cut to `Netural': Audio

Source: Bloomberg - All Podcasts | 9 Jul 2010 | 9:26 am

Barclays, Shanghai Bourse Sign Bond Index Agreement: Audio

Source: Bloomberg - All Podcasts | 9 Jul 2010 | 9:26 am

Green Dot Sets IPO Terms (GDOT, WMT)

Prepaid financial services are coming back, a classic sign of the times that many individuals out there will be left with no credit at all or with very little credit for years and years.  Green Dot Corporation (NYSE: GDOT) has announced the terms of its initial public offering.  There is a Wal-Mart Stores Inc. (NYSE: [...]

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Source: 24/7 Wall St. | 9 Jul 2010 | 9:17 am

U.S.: China's Currency Is Undervalued (But Not Manipulated)

Source: NPR Blogs: Planet Money | 9 Jul 2010 | 8:53 am

Morgan Stanley Employee Charged With Taking It A Li’l Too Far With Divorce Court Judge

Okay, so, just an FYI: if you happen to find yourself going through a divorce (which you filed for without telling your wife for a couple months, NBD) and the judge rules against you and you’re like “Well, I’m not at all happy with this turn of events at all and here’s what I’m going to do about it,” don’t let the thing(s) you do about it include:

* Hacking into the judge’s email and changing his password

* Sending messages from his account to his contacts such as “I can S my own D and have. True story.”

* Calling him and his family members and breathing heavily into the phone

* Logging onto chat rooms and leaving comments like the following under your real name:

Spencer Kagan MUST be removed. He is an animal who abuses his authority. He is a Communist sympathizer who travels to Cuba. Why would a state judge spend spare time in Cuba? He has no relatives there. He is a Communist and a supporter of the Castro dictator… that is why.

He steals money. He does not follow the rules of the court. He never had a real job in his life. Why? Because he is just plain dumb. He worked for his daddy all his life and never made any success of himself. His daddy used his political connections to have him appointed to the bench by Governor Cellucci. Even though the Governor nominated him…he never met him and never even heard of him. He did it as a favor to Spencer’s Dad’s friend. LOL

He lied on his judicial application.

He orders litigants to pay his cronies enormous sums of money or face jail.

He loves to throw innocent men and women in jail. He even went as far to successfully throw a 53 year old woman in jail because she had the courage to tell his wife about an affair he was having.

He makes up his mind about a case within 30 seconds of meeting the litigants before hearing any evidence or facts. How is this known? Kagan has himself said it in open court.

He loves to woo the young female interns and rendezvous with them to brag about his “wise” decisions. He drinks like a fish and loves to flirt with these young women.

Let’s see if spencer dares send his state troopers to my house as a retaliation for these truthful comments. I dare you spencer..go for it you perverted creep.

…as there is a good chance you may find yourselves being arraigned “on two counts of stalking, three counts of making threats, four counts of making annoying phone calls and one count of unauthorized access of a computer” a la Morgan Stanley financial adviser Jay Korff. But you’re cool with that, please, by all means, proceed.

Boston man charged wth threatening, stalking Middlesex County judge [Universal Hub]

Source: Dealbreaker | 9 Jul 2010 | 8:50 am

Don't Worry About the Economy (Tradecraft)

Luskin: The talk of a double-dip recession doesn't add up.

Source: SmartMoney.com | 9 Jul 2010 | 8:26 am

R-I-M’s Revenge: NTP Goes After Apple, Google, and More (RIMM, AAPL, GOOG, MSFT, MOT)

Research in Motion Ltd. (NASDAQ: RIMM) has its old enemy, and perhaps new best friend, back in the market of suing smartphone makers after being dark for some time.  The difference is that R-I-M is actually in fine standing as its issues are behind it.  It seems that the NTP patent troll is now going [...]

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Source: 24/7 Wall St. | 9 Jul 2010 | 8:21 am

France and Germany push for transaction tax

Berlin and Paris are pressing ahead with their bank levy plan and have raised the issue for discussion at the EU’s next meeting of finance ministers
Source: Financial Times - US homepage | 9 Jul 2010 | 8:18 am

IMF Identifies Europe as Risk to Global Recovery

By Heather Horn On Wednesday, the IMF released a report revising world growth forecasts. The U.S. is now predicted to do somewhat, and global growth has been revised upwards overall. Risks remain, however, particularly in Europe: “uncertainties surrounding sovereign and financial sector risks in parts of the euro area could spread more widely,” warns Jeremy [...]

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Source: 24/7 Wall St. | 9 Jul 2010 | 8:13 am

Yes, the Accent Hurts Your Job Search (By the Numbers)

Hough: Non-native speakers struggle to convince, a new study shows.

Source: SmartMoney.com | 9 Jul 2010 | 7:37 am

Are Unemployment Benefits a Blessing or a Curse?

When the US Congress left town for its Fourth of July recess, one of the last things the Senate did was deny the Obama administration’s proposal to extend funding for both the Extended Unemployment Compensation and Extended Benefits programs. Funding for the two programs ended on June 2nd, though they could be reinstated when the [...]

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Source: 24/7 Wall St. | 9 Jul 2010 | 7:25 am

This Week’s Weird Jobs

Image: Consumerist/Flickr

Some jobs are very, well, nich-y. From Twilight debater to marijuana baker, this week’s jobs would be perfect for the few people who actually fit their hairline niches:

1. CA: Team Edward or Team Jacob?

Are you a die-hard Twilight fanatic or a “Twi-hard”? Do you know more than the average fan about all the stories and characters and devote your time on forums and fan sites to learn more about Twilight?

We are looking for two debaters who will participate in an exciting live video debate on our website. One will be on Team Edward and the other will be on Team Jacob and you will convince all our viewers who Bella should ultimately choose and why.

This is your opportunity to take part in a “citizen” debate about all things Twilight and to show your passion and share your knowledge.

You must have a webcam, microphone and a fast internet connection. You should also be available during the day on a weekday. We will be giving heavy consideration to applicants who have YouTube, etc profiles with video blogs, et al that we can review.

Compensation: The live video debate will be a total of 20 minutes and you will be paid $20.

Forget the Supreme Court Justice hearings for Kagan, the BP saga, Russian spies, and other nonsuch. We got more important fish to fry.

2. CA: Avant-garde Crepe Consultant Needed

Currently we are looking for a very experienced avant-garde crepe chef/consultant to develop sweet crepe recipes for a sophisticated palette.

We are only interested in carrying out this role for a short amount of time (not full time position) in our San Francisco location, before testing it out in the real world at our cafe.

YOU MUST BE:
- Min. 3 years crepe pastry experience
- Familiar with global cuisine and flavors
- Innovative
- Creative

Please send your resume to the email above with a short cover letter.

Garçon! Avant-garde crepes for my bourgeois bohemian palette, s’il vous plait. None of this streetside Nutella crap.

3. DC: Dog Playgroup Counselor

We are a rapidly growing Doggie Recreation Center offering dog daycare, sleepovers, grooming, and dog training.

Seeking an experienced Dog Playgroup Counselor.

Job requirements:
-Must be comfortable with large groups of dogs
-Must be comfortable with all breeds of dogs
-Must be willing to get dirty (cleaning and sanitizing play areas, picking up dog waste, etc)
-Previous professional dog handling experience a must

Must also be willing floss dog’s teeth, hand-drain its anal sacs, and restock its medicine shelf with doggie Prozac, as requested.

4. NY: Social Butterflies of New York- Club/Lounge/Nightlife Position

We are currently looking for the perfect night-time social butterfly, with enough contacts to be able to host your friends and acquaintances at one or two events per week, at your choosing and flexible around your schedule.

The clubs and venues we are associated with are strictly high-end. You invite your contacts to your event and host them with complementary drinks and/or bottles provided by the venue, in order to build up a following and base for future events.

Please send us your full name, complete contact information, some background information about yourself and a short list of your favorite nightspots. Please include a recent picture if possible.

Finally! A way to use that hospitably degree and show off your spray tan.

5. CO: MMJ Baker/Chocolatier Needed

Looking for individual with bakery, pastry, CHOCOLATE experience. Must possess or be willing to obtain Medical Marijuana License.

Part Time 20 to 30 hours a week, flexible hours

Pay is between $10 and $20 and will be determined based on experience and education. Other things I am looking for are people with strong science backgrounds, creativity, unique confectionary skills, airbrush artist.

We will strongly consider applicants who can answer the following riddle: How many baked bakers does it take to bake a batch of brownies?

Happy Friday!

Source: Business Pundit | 9 Jul 2010 | 7:25 am

Today’s Best Market Rumors (7/9/2010)

Updated throughout the day. Deutsche Bank AG , Commerzbank AG and Deutsche Postbank will probably pass Europe stress tests. (Bloomberg) Singapore may pass China as the fastest growing economy in Asia (Bloomberg) Citigroup’s Asia energy-trading team is expanding by hiring at least another five staff (Reuters) Douglas A. McIntyre Filed under: Rumors Tagged: C

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Source: 24/7 Wall St. | 9 Jul 2010 | 7:00 am

Top Day Trader Alerts (ACE, BIDU, BP, CPTS, LWSN, MSG, NANO, SCSC)

Many stocks are on the move for day traders and active traders when you consider this is a summer Friday and earnings season is not yet started.  Today’s top alerts are in ACE Limited (NYSE: ACE), Baidu, Inc. (NASDAQ: BIDU), Google Inc. (NASDAQ: GOOG), BP plc (NYSE: BP), Conceptus, Inc. (NASDAQ: CPTS), Lawson Software, Inc. [...]

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Source: 24/7 Wall St. | 9 Jul 2010 | 6:58 am

The Twitter-24/7 Wall St. Stock Market Report 7.9.2010 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 [...]

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Source: 24/7 Wall St. | 9 Jul 2010 | 6:51 am

An Unfortunate Child?

Source: Business Pundit | 9 Jul 2010 | 5:41 am

A Bullish Run-Up to Earnings Season (Early Bird)

WHAT'S HAPPENING NOW: Reporting starts next week. Will it justify the recent gains?

Source: SmartMoney.com | 9 Jul 2010 | 5:36 am

European shares ending week on high note (AFP)

AFP - Europe's main stock markets rose on Friday at the end of a largely solid week for share prices caused by increased optimism over the economy, traders said.

Source: Yahoo! News: Stock Markets News | 9 Jul 2010 | 4:48 am

Coventry Heads for the Recovery Room

With savvy acquisitions, Coventry Health Care could outperform rivals.

Source: SmartMoney.com | 9 Jul 2010 | 3:47 am

Seeking Happiness? Avoid Piles of Money (Money and Your Mind)

New research suggests wealth can dull hedonic experience.

Source: SmartMoney.com | 9 Jul 2010 | 3:47 am

Health Care Change 101 (The New Retirement)

Can the new law really broaden coverage while making Medicare more efficient? We lay out the numbers.

Source: SmartMoney.com | 9 Jul 2010 | 3:47 am