Job News From: Forbes
Forbes.com: Business News
- 2010 Bank FailuresAfter hours: Icahn makes hostile bid for Lions Gate; FDA issues Merck drug warning.
- China's Next BubbleLocal governments are looking scarily like Greece, California and Enron.
- The New Financial Crime WaveMortgage fraud is on the rise, along with bogus job counseling services and scams conducted over the Internet.
- Lloyds Lifts Bank SharesThe U.K. bank forecasts a return to profit, boosting financial stocks.
- A Season For Answers In The Auto IndustryAre sales truly on the rebound? Do Americans want small cars? Is there no end to Toyota's troubles? We should find out this spring.
- Innovation Lags In ChinaInstitutional barriers still inhibit China despite tremendous growth in science and technology.
- Palm Shares SlideAfter hours: Palm's CEO admits misstep; SunPower's profit dips.
- Tapping The Power Of The WindCEO of NYISO discusses New York's drive to harness wind energy.
- Tough Talk On YuanAmerica calls for more flexible Chinese currency as Greece reportedly seeks IMF help.
- E.U. Calls For ReformThe new competition commissioner, Joaquin Almunia, tackles economic policy in Europe.
- Billionaire Secrets: Arnon MilchanHow the Hollywood producer won over Wall Street.
- Leveraging FacebookOmniture co-founder, Josh James, on the evolution of social advertising.
- Japan Boosts StimulusCentral bank doubles cheap loans to banks as oil prices gain ground.
- Turkey's Financial RisksThe shelving of talks on an IMF deal could upset economic recovery.
- Blockbuster Tumbles On Bankruptcy ThreatAfter Hours: China's Focus Media narrows it loss.
- 'Obama, Come To Wichita'A message from the private aviation sector to the President.
- Art Of The $135 Million DealRonald Lauder on the Klimt painting he purchased and the value of sharing art.
- Inside An American Billionaire's CastleSteven Schonfeld's $90 million N.Y. estate boasts a nine-hole private golf course.
- Stocks Muddled Before FedAsia holds back ahead of U.S. economic assessment; Europe rises on new support for Greece.
- Financial Crisis Alters Russian BanksReduced funding and diminished growth are just two of the effects of the economic meltdown.
Job News From: Yahoo! Business
Yahoo! News: Business News Sat, 20 Mar 2010 22:26:16 GMT
- Obama urges Dems to come together for health care (AP)
AP - Victory within reach, President Barack Obama exhorted House Democrats on Saturday to stay true to their party's legacy and make history by bringing health insurance to millions of struggling families now left out. Leaders exuded confidence as they defused thorny problems in the countdown to a landmark vote.
- Thousands of BA flights canceled as crew on strike (AP)
AP - Retiree Richard Moore arrived at Heathrow with a suitcase of summer clothes for a Miami cruise only to be sent to Denver. Susan Danby wondered if plans for a joint 50th birthday celebration in Las Vegas would be a losing bet.
- Police: Boy, 16, made racial comment at NJ Walmart (AP)
AP - A 16-year-old boy who police said made an announcement at Walmart ordering all black people in the southern New Jersey store to leave was charged with harassment and bias intimidation, authorities said Saturday.
- Bernanke: Keep Fed as watchdog of small US banks (AP)
AP - Federal Reserve Chairman Ben Bernanke made a fresh pitch Saturday to retain oversight of small banks, contending that what the Fed learns from that role helps it assess the overall health of the entire U.S. financial system.
- Embezzler who got tax credit faces more charges (AP) AP - A convicted embezzler who snagged more than $9 million in business tax credits from the state of Michigan has been charged with defrauding an elderly neighbor.
- Obama tells Congress: Act soon on financial reform (AP)
AP - The U.S. needs major changes to its financial system so consumers are better protected, banks fortified and the economy safeguarded from sliding into another Depression, President Barack Obama said Saturday.
- London shares rise, boosted by Lloyds (AFP)
AFP - Leading shares rose in early deals on Friday, boosted by state-rescued bank Lloyds' forecast of a return to profit in 2010 after two years of losses.
- US to host 2011 APEC trade talks in Montana (AFP)
AFP - The United States said Friday it would host annual talks among trade ministers of 21 economies of the Asia-Pacific Economic Cooperation forum in the western state of Montana in May next year.
- Earnings schedule for week of 03/22/10 (AP) AP - Major companies tentatively scheduled to report quarterly earnings next week:
- Thousands rally in Russia against economic policy (AP)
AP - Thousands of people rallied across Russia Saturday to denounce the government's economic policy and demand more freedom in a new challenge to the Kremlin reflecting increasing disillusionment and a growing potential for protests.
- Great Wolf to offer $225M of mortgage notes (AP) AP - Indoor waterpark resort company Great Wolf Resorts Inc. said Friday it plans to offer $225 million of first mortgage notes due 2017.
- DR Congo could win debt relief deal by June: IMF (Reuters) Reuters - Democratic Republic of Congo could win a deal to wipe out the bulk of its $11 billion debt in time for June celebrations marking 50 years of independence, the International Monetary Fund said on Saturday.
- Syms names Joel Feigenbaum integration chief (AP) AP - Discount apparel retailer Syms Corp. on Friday named Joel Feigenbaum chief integration officer.
- House GOP calls for Fannie, Freddie phase out (Reuters) Reuters - Republicans in the House of Representatives on Friday recommended the country's top two mortgage finance companies, the recipients of a massive government bailout during the height of the financial crisis, be phased out in four years in order to restore stability to the housing market.
- Tokyo marks 15th anniversary of subway gas attack (AP)
AP - Tokyo subway workers observed a moment of silence Saturday to mark the 15th anniversary of a nerve gas attack by a religious cult, Japan's deadliest act of domestic terrorism.
- Pay czar trims salaries at top of GM exec ranks (Reuters) Reuters - The U.S. pay czar will slash the number of top General Motors Co executives who will receive base salaries of more than $500,000 this year.
- Out-Frenching the French (BusinessWeek) BusinessWeek - Ooh la la! Our family's INSEAD MBA (INSEAD Full-Time MBA Profile) experience feels like one intense Twilight Zone episode. Time has lost all value, and it's difficult to pinpoint when my husband, Mark, actually attended his first lecture. Was it four months ago or four days ago? Or has it been four years now? Standard calendars confirm the program commenced in September 2009, but the whirlwind of events that has transpired since then has aged me several years. ...
Job News From: NPR
NPR Topics: Business Sat, 20 Mar 2010 12:43:00 -0400
- Mom-And-Pop Site Busts The Web's Biggest MythsYou'd think it would take an army to truth-squad the rapid-fire rumors of the World Wide Web. But at Snopes.com, that task falls to husband-and-wife myth debunkers David and Barbara Mikkelson.
- Lunar Rover Is Spotted For First Time In 37 YearsVideo game developer Richard Garriott bought the broken Soviet lunar rover at an auction in 1993 — this week, thanks to new photos released by NASA, he's been able to see it on the moon for the first time.
- Letter: Lehman's Accounting Tricks Possibly IllegalA Lehman Brothers whistleblower warned his bosses that accounting gimmicks the bank used before its collapse may have been illegal, his lawyer said Friday.
- Obama Rallies: 'We Have Waited Long Enough'President Barack Obama packed the Patriot Center at George Mason University in Fairfax, Va., Friday for one more health care rally. Speaking to students in a swing state, Obama hoped to put a bit of his campaign magic on the legislative drive to overhaul the nation's health care system.
- 'American Idol For Nerds' Pits Inventors' Business PlansGeorgia Tech has what some call an American Idol for Nerds. It's a competition to encourage undergraduates to invent usable items. Winners of "InVenture" get $15,000. Students must not only have a shiny invention, but also a marketing and business plan. This is the second year the college is having this competition. Susanna Capelouto of Georgia Public Broadcasting reports.
- ABC News Under Fire For Payment To Murder SuspectThe attorney for Casey Anthony, who is accused of killing her daughter, told a court Thursday that ABC News had paid Anthony $200,000 for exclusive rights to reproduce family photos and a video. Several journalists said ABC's failure to tell viewers of the payment for the pictures was an ethical lapse.
- Undecided Lawmakers Targeted For Their Health VoteOn Capitol Hill, a few dozen House members are trying to decide how to vote on health care — while hundreds of advocates and thousands of e-mails are trying to sway them one way or the other. The House is expected to vote on its health care overhaul legislation on Sunday.
- Universal Music To Test Lower Price Of CDsThe world's largest music company is lowering the price of CDs. Universal Music is rolling out a test to see whether a $10 price ceiling will encourage consumers to buy more compact discs. Over the last decade, CD sales have dropped by more than half.
- Will The Real 'Music City' USA Please Stand UpWhile the music festival South by Southwest attracts thousands of industry types to Austin, Texas, other locales are trying to make sure the host city doesn't get too much credit as being the "music city." Places like Nashville, Seattle and even the state of Louisiana have sent contingents to Austin to promote their own ties to music.
- Billionaire Investor Wannabe Rock Star?Warren Buffett can be seen in a video dressed and singing like Axel Rose of Guns and Roses. The video was made by employees of Buffett's car insurance company Geico. Every year Geico workers put together a music video for their annual meeting. They told Time magazine that this year they wanted to come up with the most "ridiculous" outfit they could think up for their billionaire owner.
- CBO Figures Show Health Care Bill Would Cut DeficitThe tension is high and the stakes are even higher, as Republicans and Democrats near the decisive moment of the health care battle. The language of the final bill was released Thursday. Along with Congressional Budget Office numbers that show it would cost $940 billion over 10 years, it would also reduce the deficit in the long run.
- Parents Fight For The Right To Sell Treats At SchoolNew York City parents want the right to bake their cake and sell it, too, after officials began enforcing a once-a-month limit on PTA bake sales during the school day. Schools say they're trying to balance health with the need to find ways to fund programs. But parents say their treats are more wholesome than the prepackaged foods that schools do allow.
- 'Repo Men:' Metaphor For Health Care Overhaul?Film critic Mia Mask says the new movie Repo Men is a science fiction flick that comments on two prominent policy issues: health care overhaul and the regulation of the financial industry. Mia Mask teaches film at Vassar College, and is the author of Divas on Screen.
- FDA Restricts Marketing Tobacco To YouthThe FDA has issued the first regulations since Congress gave the agency power to regulate tobacco. The regulations clamp down on the marketing of cigarettes to children and teenagers. The new rules prohibit a number of ad strategies like giving way hats and T-shirts with tobacco logos. Plus, no more selling of cigarettes in certain vending machines where kids can get at them.
- Stakes High For Obama Presidency In Health Care BillPresident Obama is making a final frenzied push before the health care bill comes up for a vote in the House on Sunday. If the bill fails, he will be severely weakened. He will have failed to deliver his signature initiative, and his Democratic Party will look incapable of governing.