Job News From: Forbes
Forbes.com: Business News
- 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.
- Fertilizer War EndsAfter hours: CF Industries acquires rival; Limited Brands offers dividend.
- TARP's First Alleged FraudsterCharles Antonucci Sr., the former head of Park Avenue Bank, is charged with trying to rip off taxpayers.
- Dodd Makes His PlayRelease of financial reform bill sets stage for showdown over banking regulation, consumer protection agency.
Job News From: Yahoo! Business
Yahoo! News: Business News Fri, 19 Mar 2010 13:28:29 GMT
- Boeing speeds up production of 747, 777 models (AP)
AP - Boeing will speed up production plans for its 777 and 747 models in anticipation of greater demand from commercial airlines in a couple of years.
- BA and union talk on eve of threatened strike (AP) AP - British Airways management and union leaders are meeting Friday in a last-ditch attempt to avert a three-day strike by cabin crew due to begin Saturday.
- Democrats push toward Sunday vote on health care (AP)
AP - Slowly but steadily, support is building behind President Barack Obama's health care legislation in the House, the result of intense lobbying and politically targeted changes aimed at reassuring waverers and winning over critics.
- Japan police recommend charges in Prius crash (AP)
AP - Japanese police are recommending charges against a driver who says his Toyota Prius crashed because of brake failure after an analysis of data from the car showed no defects.
- Illinois high court yanks hospital's property tax break (Reuters) Reuters - An Illinois hospital lost its property tax exemption on Thursday, ending a long-fought battle watched by nonprofit hospitals concerned about greater scrutiny of their charity care.
- Rio Tinto, Chinalco to develop West Africa mine (AP) AP - Mining giant Rio Tinto Ltd. and China's Chinalco have signed a deal to develop an iron ore reserve in the West African country of Guinea.
- Sirius XM gets 2nd warning from Nasdaq (AP) AP - Satellite radio operator Sirius XM Radio Inc. said Thursday it has received a second notice that it may be kicked off the Nasdaq exchange.
- Cintas says profit fell as unemployment rose (AP) AP - Uniform maker Cintas Corp. said Thursday that a sagging job market dragged down its profit by nearly a third in its fiscal third-quarter.
- Palm's phone sales slump and its stock dives (AP)
AP - Palm Inc. reported sales figures Thursday that showed it's having a difficult time getting consumers to pay attention to its phones in a market dominated by iPhones and BlackBerrys. The company's shares plunged in after-hours trading.
- Allianz sees steady operating profit for 2010 (AP) AP - German insurer Allianz SE expects its 2010 operating profit to be around last year's level of euro7.2 billion ($9.7 billion) as the global economy comes out of a long downturn.
- Student aid linked to health care gets a trim (AP)
AP - Congressional Democrats on Thursday trimmed their original student loan plans, reduced spending for community colleges, and eliminated early childhood money from a broad rewrite of a college aid bill piggybacked on to fast-track health care legislation.
- Germany: IMF help for Greece not ruled out (AP) AP - Germany said Friday it isn't ruling out financial aid from the International Monetary Fund for Greece, but insisted no decision is needed now, even as the EU executive chief called for an agreement as soon as possible to ease the debt crisis.
- Casual Male Retail Group reports 4Q profit (AP) AP - Men's clothing seller Casual Male Retail Group Inc. on Thursday reported earning a profit in the fourth quarter as it cut costs to compensate for sales being weak.
- Anti-Flippers Buy And Hold Cheap Homes (Investor's Business Daily) Investor's Business Daily - When Paul Gabrail and two partners snag a foreclosed home on the cheap, neighbors have good reason to cheer.
- Pemex says new Mexico fields hold 2bln barrels of oil (AFP)
AFP - Mexico's state-owned Pemex oil company said that the new oil fields it discovered two years ago in the Gulf of Mexico could yield more than two billion barrels of oil.
- Daimler to keep stake in EADS (AP) AP - Germany's Daimler AG said Friday it doesn't plan to exercise an option to sell its sizable stake in aerospace and defense contractor EADS N.V.
- 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 Fri, 19 Mar 2010 04:00:00 -0400
- '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.
- 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 Their Right To Hold Bake SalesParents at the East Village Community School in New York held a "bake-in" Thursday to protest a local education policy that forbids students from selling homemade bake sale items. The policy does permit the sale of certain prepackaged junk foods. The protest comes at a time when reducing childhood obesity and providing access to healthy food are major issues for educators and health policymakers.
- 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.
- Toyota Deals Get Customers Back To ShowroomsThanks to specials like zero percent financing and price cuts, Toyota sales have risen sharply. A recent Edmunds.com dealer survey finds that so far this month, Toyota has regained the same market share of sales it had before the gas pedal recall.
- Toxic Assets Market Awaits ReboundDuring the peak of the housing market, the value of the mortgages that got stuffed into those complicated mortgage bonds known as toxic assets was more than $3 trillion. But now the market has stalled, in part because many sellers are waiting for the economy to improve.
- Runaway Cars: Driver Error Or Car Malfunction?The problems with Toyota's gas pedals have been front page news for weeks now, but what about the people in front of the pedals? Earlier studies have found that the majority of car-surging incidents were actually the fault of the driver. But the recent problems with cars continuing to accelerate haven't been studied yet.
- Austinites Angle For A Piece Of SXSW Cash CowThe South by Southwest music festival bills itself as "the premier destination for discovery." It's also the destination for truckloads of cash, as music and art fans flock to Austin, Texas, each March. Last year's event brought nearly $100 million to the city, according to one analyst.
- Toxic 'Factory': Industrial Meat And The EnvironmentDavid Kirby's book Animal Factory tells the story of three people whose lives have been adversely affected by the growth of factory farms. Part investigative report, part thriller, this book explores the environmental and health impact of raising animals in confinement.
- Pepsi To Restrict Caloric Drinks In Schools WorldwideBefore long, kids in schools around the world won't see as many caloric drinks from PepsiCo. The beverage giant will pull back on the sale of sugary soft drinks overseas, as it has already in the U.S.