7 Alerts from Alertpedia

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Recession? Knockoffs Go Downmarket (Jul-31, 21:48 EDT )-- Criminals are discovering there is money to be made in faking the more ordinary â€" like $295 Kooba bags and $140 Ugg boots.


Turbines Too Loud? Here, Take $5,000 (Jul-31, 21:10 EDT )-- In Oregon, a company is offering checks to residents if they promise not to complain about noise from turbines.


Ethics Inquiry on Waters Is Tied to OneUnited Bank (Jul-31, 21:10 EDT )-- An ethics trial of Representative Maxine Waters will involve communication she had with federal officials that touched on OneUnited bank, in which her husband owned stock.


Police Rescue 2 Kidnapped Mexican Journalists (Jul-31, 21:10 EDT )-- Javier Canales and Alejandro Hernández, both camera operators, had been kidnapped earlier in the week by suspected drug traffickers seeking to silence the media.


Economic View: Like New Deal, Stimulus Should Create Jobs Directly (Jul-31, 20:50 EDT )-- Much of the stimulus spending has given a priority to gross domestic product, but government spending alone does little good if it isn’t creating jobs.


A Richter Scale for Markets (Jul-31, 20:35 EDT )-- Earthquakes are a better metaphor for financial crises than you think.


Strategies: Small Step on Mutual Fund Fees, but Big Charges Remain (Jul-31, 14:33 EDT )-- The steady drain of fees like the 12b-1 can erode a nest egg over time. The S.E.C. is stepping in, but in a modest way.


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10 Alerts from Alertpedia

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A Fear That Academics Are Distracted Directors (Jul-31, 15:30 EDT )-- When university presidents serve on many corporations’ boards, governance experts say, someone is getting short shrift.


Fair Game: What Happened to JPMorgan’s Friendship With Cablevision? (Jul-31, 15:08 EDT )-- A case involving JPMorgan is another example of the drumbeat of disconcerting revelations about banks.


From Taxis to Textiles, Italy Chooses Tradition Over Growth (Jul-31, 15:01 EDT )-- Like much of the Italian economy, the Carlo Barbera factory is struggling and for reasons, academics say, that reveal much about what ails Italy.


Optimism That Cement Will Shut Down Gulf Oil Well (Jul-31, 14:50 EDT )-- An effort known as a static kill is part of a two-pronged strategy to kill the well in the Gulf of Mexico by cementing it shut twice, from above and below.


Off the Shelf: ‘Fault Lines’ Concludes Global Economy Remains Vulnerable (Jul-31, 14:29 EDT )-- Raghuram G. Rajan writes that systems and large historical forces were the primary drivers of recent global financial instability.


Ping: In School Systems, Slow Progress for Open-Source Textbooks (Jul-31, 12:32 EDT )-- Two founders of Sun Microsystems have created two nonprofits to bring open-source textbooks to kindergarten through high school classes.


Corner Office: Get a Diploma, but Then Get a Passport, Says Capri Capital’s Chief (Jul-31, 12:32 EDT )-- Quintin E. Primo III, the chief of Capri Capital Partners says new college graduates should leave the U.S. to broaden their cultural horizons.


The Boss: Outsourced, but Still Local (Jul-31, 12:23 EDT )-- The idea of keeping jobs in the local community intrigued me.


Career Couch: When Family Ties Bind Business Relationships (Jul-31, 11:44 EDT )-- Relatives who work together have “trust, shared values and long-term commitments to each other.”


By Hiring Gulf Scientists, BP May Be Buying Silence (Jul-31, 07:00 EDT )-- For months now, local scientists have been out on Gulf waters, advising the cleanup and measuring the damage. But there is growing concern that some of the best minds are being sidelined, since they've signed on as paid consultants to BP.


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6 Alerts from Alertpedia

News Alerts

Two Utahns accused of business loan scam (Jul-30, 23:00 EDT )-- Two Utahns accused of business loan scam By pamela manson The Salt Lake Tribune Updated Jul 31, 2010 12:01AM MDT Two Utahns have been accused of illegally obtaining nearly $400,000 by using the names of businesses on loan applications without the...


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BP Hires Gulf Scientists; Are They Buying Silence? (Jul-31, 07:00 EDT )-- For months now, local scientists have been out on Gulf waters, advising the cleanup and measuring the damage. But there is growing concern that some of the best minds are being sidelined, since they've signed on as paid consultants to BP


Obama Attempts Jump Start In Detroit (Jul-31, 07:00 EDT )-- President Obama went to Michigan on Friday, the "ground zero" of the recession, to kick off a campaign highlighting the turnaround in the U.S. auto industry.


Alternative Energy And Ideas For The Auto Industry (Jul-31, 07:00 EDT )-- The long-term recovery of the U.S. auto industry will depend largely on American automotive creativity and innovation. Many industry watchers expect a new fleet of electric and hybrid cars to help buoy the U.S. car industry's comeback. Guest host...


Stocks and Bonds: Wall Street Settles Down After Taking In G.D.P. Report (Jul-31, 00:40 EDT )-- Investors were particularly fretful about the G.D.P. report because it comes at the end of a run of worse than expected economic data and a warning from the Fed.


Off the Charts: The Growing Resilience of Plastic (Jul-30, 23:30 EDT )-- Consumers are defaulting on credit cards at a slowing rate, and that trend is expected to continue even if the economy suffers a double-dip recession.


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63 Alerts from Alertpedia

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Featured Advertiser (Jul-30, 23:00 EDT )


The changes on FHA loans and how they will affect borrowers and sellers (Jul-30, 23:00 EDT )-- Seller concessions What are they? Contributions that sellers kick in to help defray a buyer's costs. They can include closing costs, inspections, appraisals and free upgrades. What's changing? The FHA proposes slashing allowable seller concessions in...


The changes on FHA loans and how they will affect borrowers and sellers (Jul-30, 23:00 EDT )-- Upfront insurance premium What is it? A fee the Federal Housing Administration collects from borrowers that can be paid in cash at the closing table or rolled into the loan. Federal Housing Administration - Business - United States - Mortgage -...


Regulators close banks in Fla., Ga., Ore., Wash. (AP) (Jul-30, 21:01 EDT )-- AP - Regulators on Friday shut banks in Florida, Georgia, Oregon and Washington, lifting to 108 the number of U.S. banks to fail this year as the industry has struggled to cope with mounting loan defaults and recession.


US growth slows fueling fears over recovery (AFP) (Jul-30, 20:50 EDT )-- AFP - US economic growth slowed dramatically in the second quarter, the government has said, stoking fears that the recovery is losing steam and fueling a fierce political debate over how to respond.


House approves bill on drilling, oil spills (AP) (Jul-30, 18:38 EDT )-- AP - The House approved a bill Friday to boost safety standards for offshore drilling, remove a federal cap on economic liability for oil spills and impose new fees on oil and gas production.


Bernanke financial disclosure shows no-frills plan (AP) (Jul-30, 17:29 EDT )-- AP - Bernanke's 2009 financial disclosure shows that he mostly left his money where it has been: in no-frills annuities, U.S. Treasury securities and mutual funds.


FAA downgrades Mexico's air safety rating (AP) (Jul-30, 17:14 EDT )-- AP - Mexico's aviation safety rating was downgraded Friday due to concerns about the country's safety oversight, the Federal Aviation Administration said.


Bernanke recouped personal losses in 2009 (Reuters) (Jul-30, 16:25 EDT )-- Reuters - Federal Reserve Chairman Ben Bernanke's personal finances recovered in 2009, disclosure forms released by the central bank on Friday showed.


Bernanke recouped personal losses in 2009 (Reuters) (Jul-30, 16:25 EDT )-- Reuters - Federal Reserve Chairman Ben Bernanke's personal finances recovered in 2009, disclosure forms released by the central bank on Friday showed.


Chicago exploring lease options for Midway Airport (Reuters) (Jul-30, 16:14 EDT )-- Reuters - Fifteen months after a deal to lease Midway Airport to private operators fizzled out in a poor economy, the city of Chicago continues to keep its options for a future lease deal open.


Imports slow Q2 growth as business spending surges (Reuters) (Jul-30, 16:06 EDT )-- Reuters - U.S. economic growth slowed in the second quarter as companies invested heavily in equipment from abroad and the pace of consumer spending eased, raising concerns about the recovery in the rest of 2010.


Obama defends economy, takes wheel of electric car (AFP) (Jul-30, 15:56 EDT )-- AFP - President Barack Obama took to the wheel of a new electric car Friday on a Detroit-area tour of the revitalized auto industry, touting his economic policies but urging the need to do more.


FAA to downgrade Mexico's air safety rating (AP) (Jul-30, 15:54 EDT )-- AP - U.S. aviation officials are downgrading Mexico's aviation safety rating, a move that could have economic consequences for some airlines.


Bleak outlook for economy as growth slows (AP) (Jul-30, 15:53 EDT )-- AP - The economy is still growing, just not by much. And until that changes, don't look for the jobs to come back.


Obama hails news economy growing, wants more (Reuters) (Jul-30, 15:50 EDT )-- Reuters - President Barack Obama said on Friday he welcomed news that the U.S. economy grew by 2.4 percent in the second quarter, but said more work was needed to increase that growth rate and generate jobs.


Imports slow second-quarter growth (Reuters) (Jul-30, 15:49 EDT )-- Reuters - Economic growth slowed in the second quarter as companies invested heavily in equipment from abroad and the pace of consumer spending eased, raising concerns about the recovery in the rest of 2010.


Dollar sinks to 8-month low vs yen as growth slows (AP) (Jul-30, 15:34 EDT )-- AP - Weakening U.S. economic growth and worried comments from Federal Reserve officials drove the dollar to an 8-month low Friday against the Japanese yen.


Economy is expanding, but at slow pace, data show (Jul-30, 15:19 EDT )-- The economy continued to expand in the second quarter but at a slower rate than in the previous three months, according to new government data, as Americans remained reluctant to consume and imports soared. Economic growth - United States -...


Oil prices settle near $79 (AP) (Jul-30, 14:31 EDT )-- AP - Energy prices settled higher on a day of uneven trading after the government said the economic recovery slowed during the second quarter as consumers conserved their money.


Summary Box: Recovery loses traction in the spring (AP) (Jul-30, 14:13 EDT )-- AP - RECOVERY LOSES SPEED: The economy grew at a 2.4 percent pace this spring, its most sluggish showing in nearly a year. Growth is probably even slower now, economists said.


The government's revisions to GDP, at a glance (AP) (Jul-30, 14:08 EDT )-- AP - A look at the government's revisions to gross domestic product on a quarterly basis. GDP measures the value of all goods and services made in the United States. It is the best gauge of the nation's economic health. The first number is the new...


House takes up oil spill legislation (AP) (Jul-30, 13:54 EDT )-- AP - The House has begun debate on a bill to boost safety standards for offshore drilling and remove a $75 million cap on economic liability for oil spills.


Obama hails auto bailout as good news in Michigan (AP) (Jul-30, 13:53 EDT )-- AP - President Barack Obama on Friday heralded the recent turnaround for U.S. automakers, arguing that thousands of jobs and increased production vindicate his unpopular decision to bailout the industry.


US economic growth 'welcome sign' but more needed: Obama (AFP) (Jul-30, 13:52 EDT )-- AFP - President Barack Obama said Friday that four consecutive quarters of US economic growth was a "welcome sign" of recovery, as he touted the benefits of a government bailout for US automakers.


Obama touts auto bailout during Michigan trip (Jul-30, 13:34 EDT )-- DETROIT -- The government's bailout of the American auto industry last year sparked political hand-wringing about the end of capitalism and allegations that President Obama aspired to be CEO of what critics dubbed "Government Motors." Michigan -...


Cuomo widens insurer probe with 6 more subpoenas (Reuters) (Jul-30, 13:32 EDT )-- Reuters - New York Attorney General Andrew Cuomo has subpoenaed six more insurers as the state widens a probe into whether life insurance companies have defrauded families of deceased members of the military.


US growth slows fueling recovery fears (AFP) (Jul-30, 12:55 EDT )-- AFP - US economic growth slowed dramatically to 2.4 percent in the second quarter of this year, the Commerce Department said Friday, stoking fears that the recovery is losing steam.


ALL BUSINESS: A bright spot in a tough economy (AP) (Jul-30, 10:56 EDT )-- AP - FedEx Corp. is reversing one of the uglier corporate trends of the recession: Starting in January, it will restore matching contributions to its employees' 401(k) plans. For some workers, that means retiring with tens of thousands more dollars...


Reverse Mortgages Aren't Catching On (U.S. News & World Report) (Jul-30, 10:51 EDT )-- U.S. News & World Report - The reverse mortgage industry, hammered for high fees and high pressure sales tactics, has steadily improved its procedures and its image. Loan fees and interest rates have been lowered, consumer disclosure has improved,...


On the Call: AEP Chairman-CEO Michael Morris (AP) (Jul-30, 10:27 EDT )-- AP - Power companies have struggled since the recession with soft demand, particularly from the industrial sector, where they have some of their biggest customers. American Electric Power Inc.'s chairman and CEO, Michael Morris, said demand from those...


Oil prices slip on US growth slowdown (AFP) (Jul-30, 10:03 EDT )-- AFP - World oil prices fell Friday as traders digested news of a sharp economic slowdown in leading energy consumer the United States.


Recovery loses speed as consumers turn cautious (AP) (Jul-30, 09:44 EDT )-- AP - The recovery lost momentum in the spring as growth slowed to a 2.4 percent pace, its most sluggish showing in nearly a year and too weak to drive down unemployment.


Fannie Mae portfolio grows, delinquencies decline (Reuters) (Jul-30, 09:22 EDT )-- Reuters - Fannie Mae expanded its mortgage portfolio in June, while the rate of late payments on loans it guarantees fell in May to the lowest level this year, the largest U.S. home loan purchaser said on Friday.


Consumer sentiment sags to lowest since November (Reuters) (Jul-30, 09:06 EDT )-- Reuters - Consumer sentiment plunged in July to its lowest level in 9 months on bleak prospects for jobs and income a year since the economic recovery began, a private survey released on Friday showed.


Obama to sell auto bailout good news in Michigan (AP) (Jul-30, 08:55 EDT )-- AP - President Barack Obama is going to the heart of the U.S. auto industry to push an important election-year claim: his administration's unpopular auto industry bailout has turned into an economic good-news story.


US growth slows fueling recovery fears (AFP) (Jul-30, 08:49 EDT )-- AFP - US economic growth slowed dramatically to 2.4 percent in the second quarter of this year, the Commerce Department said Friday, prompting fears the recovery is losing steam.


China overtakes Japan as No.2 economy: FX chief (Reuters) (Jul-30, 08:40 EDT )-- Reuters - China has overtaken Japan to become the world's second-largest economy, the fruit of three decades of rapid growth that has lifted hundreds of millions of people out of poverty.


Obama to tout auto bailout during Michigan trip (Jul-30, 08:38 EDT )-- DETROIT -- The government's bailout of the American auto industry last year sparked political hand-wringing about the end of capitalism and allegations that President Obama aspired to be CEO of what critics dubbed "Government Motors." Michigan -...


Imports slow second-quarter growth (Reuters) (Jul-30, 08:32 EDT )-- Reuters - Economic growth slowed in the second quarter as a capital investment drive by businesses sucked in imports at the fastest pace since the first quarter of 1984.


Economic growth slows to 2.4 percent pace in second quarter (Jul-30, 08:13 EDT )-- The pace of economic growth slowed this spring, according to new government data, as Americans remained reluctant to consume and imports soared. Economic growth - United States - Economic - Gross domestic product - Thomson Reuters


Recession was deeper than gov't previously thought (AP) (Jul-30, 07:34 EDT )-- AP - The recession was deeper than the government previously thought.


(AP) (Jul-30, 07:31 EDT )-- AP - Economic growth slows to 2.4 percent pace in second quarter, weakest pace in nearly a year.


Fed's Bullard: Fed would act if recovery fails (Reuters) (Jul-30, 06:56 EDT )-- Reuters - St. Louis Federal Reserve Bank President James Bullard on Friday said there is unanimity among officials on the central bank's policy-setting panel over providing more support to the economy if the recovery suffers a serious setback.


Oil prices slip before US GDP release (AFP) (Jul-30, 06:51 EDT )-- AFP - World oil prices fell Friday as traders awaited news of an expected economic slowdown in top energy consumer the United States.


Dollar plumbs 2010 low against yen (AFP) (Jul-30, 06:07 EDT )-- AFP - The dollar sank to a 2010 low against the yen on Friday but firmed against the euro amid concern over the prospects for the world's top economy as investors await key US growth data.


European stocks falter before US output data (AFP) (Jul-30, 05:49 EDT )-- AFP - Europe's main stock markets fell on Friday as investors looked ahead to key economic growth figures from the United States, after dissecting news of a major takeover, company earnings and eurozone data.


Airbus to boost output as outlook brightens (Reuters) (Jul-30, 04:14 EDT )-- Reuters - Airbus parent EADS made sweeping increases in its financial forecasts on Thursday and pledged to increase jetliner production after a spate of new orders raised hopes of an end to a steep industry recession.


More Japan workers lose jobs, factory output falls (AP) (Jul-30, 04:04 EDT )-- AP - Japan received a sobering reminder Friday of its fragile recovery: The jobless rate rose, deflation deepened, and factories made fewer cars and mobile phones.


IMF backs more stimulus to help slow US recovery (AFP) (Jul-29, 23:48 EDT )-- AFP - The International Monetary Fund on Friday said more stimulus spending might be needed to aid a slow US economic recovery, wading into a toughly-fought political debate in Washington.


Gates Says Pentagon to Help Death-Benefits Inquiry (Jul-29, 23:00 EDT )-- July 29 (Bloomberg) -- Defense Secretary Robert Gates pledged to help the U.S. Department of Veterans Affairs probe how insurers reap profits from death benefits retained for the families of deceased military personnel. Pentagon - United States...


Toyota to recall 412,000 cars in the United States (Jul-29, 23:00 EDT )-- Toyota said Thursday that it is recalling 412,000 Avalons and Lexuses for steering problems, bringing the number of cars recalled around the world since October to nearly 9 million. United States - Toyota - auto - Toyota Avalon - Automobile


Federal Reserve's James Bullard: Long-term deflation is a possibility (Jul-29, 23:00 EDT )-- A top Federal Reserve official warned Thursday that the nation faces the risk of an extended period of falling prices known as deflation, such as that experienced by Japan over the past two decades. Federal Reserve System - Central bank - James...


Small, midsize U.S. banks need to raise more capital, IMF financial study finds (Jul-29, 23:00 EDT )-- The U.S. financial system remains under stress, with small and midsize banks in particular potentially needing to raise more capital, according to a new report from the International Monetary Fund that shows the continuing strains facing the U.S....


Republicans continue Senate filibuster of small-business bill, stymie Democrats (Jul-29, 23:00 EDT )-- In a fresh blow to President Obama's jobs agenda, the Senate on Thursday shelved a plan to create a $30 billion loan fund for cash-strapped small businesses, delaying final passage of a top administration priority until September at the earliest. ...


Commonwealth Fund analysis highlights benefits for women in health-care overhaul (Jul-29, 23:00 EDT )-- The law Congress adopted this spring to reshape the nation's health-care system will be especially beneficial to women, because they traditionally have relied on health care more than men, faced more insurance problems and had greater difficulty paying...


China allows IMF to share results of economic report (Jul-29, 23:00 EDT )-- The International Monetary Fund on Thursday released its first detailed assessment of the Chinese economy in four years, a document less interesting in its details than for the fact that it was made public at all. China - Asia - United States -...


Few in U.S. move for new jobs, fueling fear the economy might get stuck, too (Jul-29, 23:00 EDT )-- PALM COAST, FLA. -- The recession is claiming yet another victim: Americans' near-constitutional right to pick up and move to a better job. Business - Recreation - Employment - Health - Travel


Foreclosure activity rises in most major metropolitan areas (Jul-29, 23:00 EDT )-- Foreclosure activity climbed in three-quarters of the largest U.S. metropolitan areas in the first half of 2010, compared with the same period a year ago, but declined in some of the nation's hardest-hit regions, according to data released Thursday. ...


SEC charges billionaire Texas brothers who donate to GOP with fraud (Jul-29, 23:00 EDT )-- Sam and Charles Wyly, billionaire Texas brothers who gained prominence spending millions of dollars on conservative political causes, committed fraud by using secret overseas accounts to generate more than $550 million in profit through illegal stock...


Citigroup agrees to $75 million SEC settlement on subprime mortgage investments (Jul-29, 23:00 EDT )-- Citigroup, one of the nation's largest banks, agreed Thursday to pay $75 million to settle a Securities and Exchange Commission complaint that it misled investors about $40 billion of its holdings in subprime mortgage investments. Citigroup -...


Featured Advertiser (Jul-29, 23:00 EDT )


FTC rules take aim at debt-relief industry (Jul-29, 23:00 EDT )-- The Federal Trade Commission issued stringent new rules cracking down on the burgeoning debt-relief industry on Thursday, saying it too often charges consumers hefty upfront fees but fails to reduce the amount of money they owe creditors. ...


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12 Alerts from Alertpedia

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Your Money: Nervous About Social Security? Better Prepare Now (Jul-30, 21:26 EDT )-- If the government has to change Social Security, people may need to put aside a lot more money to make up for any reduction in benefits.


Billionaire Brothers Long Suspected of Tax Evasion (Jul-30, 21:20 EDT )-- The two brothers had been investigated for tax evasion by Congress, the Justice Department and the I.R.S. years before the S.E.C. filed its suit this week.


Oil Spill Officials Talk of Shift From Emergency Work (Jul-30, 21:20 EDT )-- Officials are focusing more on long-term recovery now that some of the urgent demands of the spill are diminishing.


Stem Cell Trial Wins Approval of F.D.A. (Jul-30, 21:20 EDT )-- A trial could offer the first glimpse of a technology that may hold vast medical promise but also is embroiled in controversy.


Wealth Matters: Partnerships May Aid Your Estate, but the I.R.S. Is Watching (Jul-30, 21:13 EDT )-- Family limited partnerships can help keep family interests in sync after death, but the government wants to make sure they operate as true businesses, not tax dodges.


U.S. Plans Trade Complaint Against Guatemala (Jul-30, 21:06 EDT )-- The complaint, which will accuse Guatemala of labor law violations, comes as the administration is trying to revive its trade agenda.


Dogged by a Slowdown, Obama Lauds Car Revival (Jul-30, 21:00 EDT )-- The president emphasized that G.M. and Chrysler had returned to profitability and added jobs since the government came to their rescue over a year ago.


Investors Buy Disney’s Miramax for $660 Million (Jul-30, 20:58 EDT )-- The deal ends a laborious bidding process that saw the label’s co-founders, Harvey and Bob Weinstein, fall short in their attempt to regain control.


Wall Street Settles Down After Taking In G.D.P. Report (Jul-30, 20:45 EDT )-- Investors were particularly fretful about the G.D.P. report because it comes at the end of a run of worse than expected economic data and a warning from the Fed.


ABC Names Paul Lee President of Entertainment Group (Jul-30, 20:40 EDT )-- Mr. Lee had been president of ABC’s Family Channel, a cable network that experienced rapid growth recently.


Chevron’s Profit Triples as Demand Grows (Jul-30, 20:40 EDT )-- The giant oil company’s revenue grew 32 percent over the same period a year ago and it raised it’s forecast for growth as the global economy emerges from recession.


High-Tech 'Band-Aids' Call Doctors (Jul-30, 13:52 EDT )-- A new generation of wireless medical sensors mounted on an adhesive strip can call a doctor and transmit key data when they detect a problem. But federal regulators, who want to make sure the technology is safe, have yet to iron out regulations for...


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20 Alerts from Alertpedia

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Old Debts Never Die; They Are Sold to Collectors (Jul-30, 15:54 EDT )-- Collecting old consumer debts has become a labyrinthine industry involving buyers of secondhand debt, muddled statutes of limitation, lawsuits and, sometimes, abusive tactics.


Chrysler To Add Jobs, Save Michigan Factory (Jul-30, 15:54 EDT )-- Chrysler Group LLC said Friday that it will add nearly 900 jobs at a factory in suburban Detroit and spare it from a planned closure. The decision is a show of optimism that consumers will embrace the company's refurbished midsize sedans.


Lessons from End of the Charles River Deal (Jul-30, 15:51 EDT )-- The Deal Professor examines the termination of Charles River Laboratories' deal for WuXi PharmaTech and the lessons it provides for buyers in this post-crisis market for mergers and acquisitions.


F.D.A. Clears Way for Embryonic Stem Cell Trial Using Patients (Jul-30, 15:44 EDT )-- Using human embryonic stem cells, the trial will be tested in patients with new spinal cord injuries.


Shares Are Little Changed in the End (Jul-30, 15:20 EDT )-- Investors were particularly fretful about the G.D.P. report because it comes at the end of a run of worse than expected economic data and a warning from the Fed.


European Bank Stress Tests Worked: Sort Of (Jul-30, 15:20 EDT )-- Market data is starting to provide an indication of whether the stress tests on the largest European banks had the desired effect on confidence.


Obama Touts Car Revival as He Is Dogged by a Slowdown (Jul-30, 15:16 EDT )-- The G.D.P. report provided a lesson in how hard it is going to be to turn around the perception and the reality that the recovery is sputtering.


Senator Seeks Data on Complaints About Artificial Joints (Jul-30, 15:08 EDT )-- Senator Grassley requested data from Zimmer Holdings, a maker of artificial hips and knees, on how it responded to complaints from surgeons.


Patient Money: For Most, Implants Beat Dentures, but at a Price (Jul-30, 14:46 EDT )-- Prosthetic teeth attached to the jaw with titanium screws are preferred for replacing lost teeth, but they’re expensive, and insurance coverage is usually minimal.


With Recovery Slowing, the Jobs Outlook Fades (Jul-30, 14:35 EDT )-- With growth at an annual rate of 2.4 percent in the second quarter and the stimulus fading, an analyst says the rest of the year will feel like a recession.


Shortcuts: The Benefits of Volunteerism, if the Service Is Real (Jul-30, 14:28 EDT )-- Even community service done simply to build a résumé for college can be a good thing, but there needs to be a connection between the work and the overall issue.


I.M.F. Urges Changes From China (Jul-30, 14:27 EDT )-- The I.M.F. urges Beijing to bolster consumption and allow its currency to appreciate more rapidly, changes that could help rebalance the global economy.


Nuclear Woes Hurt Bottom Line at EDF (Jul-30, 14:01 EDT )-- The French energy giant cited costs related to its U.S. nuclear ventures and the construction of its latest generation nuclear power plant in France, which will be delayed until 2014.


SEC Accuses Billionaire Brothers Of Fraud (Jul-30, 14:00 EDT )-- The SEC has sued two Texas billionaire brothers known for their support of conservatives, claiming they misled investors to the tune of hundreds of millions of dollars. Overby


Chevy Volt May Not Cut Efficiency Mustard (Jul-30, 14:00 EDT )-- Robert Siegel speaks with John Voelcker, editor of GreenCarReports.com, and senior editor of High Gear Media Inc., about why the Chevy Volt may not qualify for a California Tax Rebate of $5,000, and why single drivers of Volts may not be able to use...


Waiting for a Facebook I.P.O.? Keep Waiting (Jul-30, 13:52 EDT )-- For anyone chomping at the bit to get their hands on a piece of a public Facebook, the wait may have grown a little longer.


Beyond Cuts: High-Tech 'Band-Aids' Call Doctors (Jul-30, 13:52 EDT )-- A new generation of wireless medical sensors mounted on an adhesive strip can call a doctor and transmit key data when they detect a problem. But federal regulators, who want to make sure the technology is safe, have yet to iron out regulations for...


Calcium Supplements May Increase Heart Risk (Jul-30, 12:23 EDT )-- Calcium supplements are widely prescribed, particularly among women over 50, as a way to reduce fractures and increase bone density. But a new study suggests those pills carry some potential risks for your heart.


New BP CEO: Some Efforts To Be Scaled Back (Jul-30, 11:44 EDT )-- The changes do not signify a lessening of the oil giant's commitment to clean up the oil spill, but do signify that some areas don't need a continuing effort, incoming executive Bob Dudley said Friday.


Pace Of The Nation's Economic Recovery Slows Down (Jul-30, 07:36 EDT )-- U.S. growth slowed to a 2.4 percent rate in the second quarter, the weakest pace in nearly a year. That compares with the upwardly revised 3.7 percent increase in the first quarter of this year.


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24 Alerts from Alertpedia

News Alerts

Small-business loan bill is blocked (Jul-30, 03:48 EDT )-- WASHINGTON - President Barack Obama's election-year jobs agenda suffered a new setback Thursday when Senate Republicans blocked a bill creating a $30 billion government fund to help open up lending for credit-starved small businesses.


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Nuclear Woes Hurt Bottom Line at E.D.F. (Jul-30, 09:39 EDT )-- Éléctricité de France cited costs related to its U.S. nuclear ventures and the construction of its latest generation nuclear power plant in France, which will be delayed until 2014.


Economy Grew at Rate of 2.4% in Quarter (Jul-30, 09:36 EDT )-- The government on Friday also revised growth in the first quarter to 3.7 percent, higher than the previous estimate.


Google Search Engine Is Blocked in China (Jul-30, 09:30 EDT )-- Google said it was the first time the site had been blocked since March.


Wall Street Slips After U.S. Data on Growth (Jul-30, 09:20 EDT )-- Investors were particularly fretful about the G.D.P. report because it comes at the end of a run of worse than expected economic data and a warning from the Fed.


Disney Sells Miramax for $660 Million (Jul-30, 08:30 EDT )-- The deal ends a laborious bidding process that saw the label’s co-founders, Harvey and Bob Weinstein, fall short in their attempt to regain control.


Health Care Fight Heats Up Over New Tax Report Repeal Effort (Jul-30, 08:17 EDT )-- A battle is being waged by small businesses, accountants, and members of Congress to repeal a new tax reporting requirement in the health law. But it could raise $16 billion for the government.


SEC Cites Brothers In $550 Million Insider Scheme (Jul-30, 07:44 EDT )-- Sam and Charles Wyly, Dallas billionaire investors known for their support of conservative candidates and causes, made $550 million in undisclosed profits through 13 years of insider trading, according to a Securities and Exchange Commission lawsuit....


Pace Of Economic Recovery Slows (Jul-30, 07:36 EDT )-- U.S. growth slowed to a 2.4 percent rate in the second quarter, the weakest pace in nearly a year. That compares with the upwardly revised 3.7 percent increase in the first quarter of this year.


Are We a Nation of Property Owners? (Jul-30, 07:19 EDT )-- Whatever people's political beliefs about the role of government, they are likely to continue to rely on the government for retirement benefits and health care, an economist writes.


Why Same Hotel Rooms Generate Different Tax Bills (Jul-30, 07:01 EDT )-- Depending on how you make your reservation could determine how much a city is able to collect.


The Owner Made a Promise: No Layoffs (Jul-30, 06:00 EDT )-- Turning the recession into a growth opportunity.


Cities, Websites And Hotels At Odds Over Taxes (Jul-30, 05:45 EDT )-- Online travel companies such as Orbitz and Expedia don't believe they need to collect taxes on the full amount they charge for hotel rooms. This has led to a big lobbying fight in Congress and dozens of lawsuits nationwide.


Disney Sells Miramax For $660M (Jul-30, 03:43 EDT )-- The New York Times and Los Angeles Times report that Disney signed the agreement late Thursday with Filmyard Holding. The investor group is led by construction magnate Ronald Tutor.


Pricing The Non-Human Cost Of BP Spill (Jul-30, 03:00 EDT )-- BP has spent more than $4 billion cleaning up the oil spill. But what about the non-human cost. How much should BP pay for dead and injured animals?


Is Auto Recovery Here To Stay? (Jul-30, 03:00 EDT )-- President Obama on Friday wants to call attention to the successes of the bailed-out companies by visiting automakers in Michigan. Micheline Maynard, who has covered the industry for more than two decades, discusses whether or not the good news in...


Microsoft Bing Cashback Program Ends (Jul-30, 03:00 EDT )-- Microsoft is pulling the plug Friday on a program that paid people to use its Bing search engine. The company said it did not see the broad adoption of the search engine that it had hoped for.


Disney Sells Miramax (Jul-30, 03:00 EDT )-- Miramax will no longer be part of Disney's entertainment empire. The Walt Disney Co. said it has sold the film studio -- famous for offbeat hits like Pulp Fiction -- to an investment company partly run by a construction magnate.


Silicon Valley Venture Capitalists Are Feeling Glum (Jul-30, 00:56 EDT )-- Confidence among venture capitalists in Silicon Valley weakened in the second quarter, according to a new industry report, as concerns over financing, the economy and new regulations added to an already tough working environment.


Advertising: Barnes & Noble Plans Big Push for Nook E-Reader (Jul-30, 00:30 EDT )-- In-house boutiques are Barnes & Noble’s latest front in the battle with Amazon over their competing e-reader devices.


Justice Joins Suit Accusing Oracle of Fraud (Jul-30, 00:30 EDT )-- In a civil suit, the department said Oracle failed its contractual duty to give the government the same discounts it gave commercial customers.


U.S. Is A Spicier Nation (Literally) Since 1970s (Jul-29, 23:49 EDT )-- Americans' spice consumption has grown almost three times as fast as the population in recent decades. Much of that growth is due to the country's changing demographics. Now, flavors that were once exotic and rare are found on the shelves in many...


Optimism Revs Up At GM, Chrysler Plants (Jul-29, 23:01 EDT )-- President Obama visits GM and Chrysler auto plants in Detroit on Friday to call attention to the successes -- so far -- of the bailed-out companies. A White House report says the industry has added 55,000 jobs, GM will stay open during its usual two...


New York Launches Probe Of Life Insurance Industry (Jul-29, 22:08 EDT )-- The attorney general's office is investigating whether insurers are profiting off of grieving families by placing funds from life insurance policies into potentially risky accounts that they control. Andrew Cuomo said his office had served subpoenas on...


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Summary Box: Fed mulls ways to rev up growth (AP) (Jul-29, 21:51 EDT )-- AP - WHAT TO DO? Debate is intensifying at the Federal Reserve over how best to cope with a weakening recovery.


US growth expected to slow amid looming stagnation (AFP) (Jul-29, 21:39 EDT )-- AFP - A key economic report Friday is expected to show the US recovery is losing pace, as a top Federal Reserve official warned of crippling "Japanese-style" stagnation.


NY AG announces probe of life insurance industry (AP) (Jul-29, 21:26 EDT )-- AP - State Attorney General Andrew Cuomo said Thursday that he had opened a fraud investigation into how life insurers pay out benefits after policyholders die.


Fed's Bullard: deflation risk has risen (Reuters) (Jul-29, 20:24 EDT )-- Reuters - St. Louis Federal Reserve Bank President James Bullard said the risk of deflation in the United States has risen somewhat compared with the beginning of this year, the Nikkei newspaper reported.


Republicans block small business plan in Senate (Reuters) (Jul-29, 18:38 EDT )-- Reuters - Senate Republicans blocked a $30-billion plan to help community banks boost lending to small businesses, dealing a blow to President Barack Obama's election-year battle to reduce unemployment.


New York Fed: Toxic assets from AIG gaining value (AP) (Jul-29, 17:54 EDT )-- AP - Toxic assets the government bought during the bailouts of American International Group Inc. and Bear Stearns are finally gaining value, the Federal Reserve Bank of New York said Thursday.


MetLife posts Q2 earnings of $1.5 billion, beating Street (Reuters) (Jul-29, 17:43 EDT )-- Reuters - MetLife Inc , the biggest U.S. life insurance company, posted a second-quarter profit of $1.53 billion, helped by higher premium revenue from sales domestically and abroad.


Florida mortgage firm settles federal charges (AP) (Jul-29, 17:30 EDT )-- AP - Federal regulators say a Florida company they accused of misleading borrowers who were seeking to avoid foreclosure has agreed to repay the consumers $2.4 million to settle those charges.


PMI Group narrows loss, but shares tumble (AP) (Jul-29, 17:29 EDT )-- AP - PMI Group Inc. on Thursday reported a nearly $151 million loss, narrower than a year ago but far wider than Wall Street expected. Shares of the mortgage insurer tumbled nearly 15 percent.


Congress to try to recoup Fannie, Freddie costs (AP) (Jul-29, 17:04 EDT )-- AP - Lawmakers plan to study ways to get back some of the $145 billion the government has pumped into giant mortgage buyers Fannie Mae and Freddie Mac.


AZ, FL, UT, VT to get Air Force's new F-35 fighter (AP) (Jul-29, 16:58 EDT )-- AP - The U.S. Air Force has chosen bases in Arizona, Florida, Utah and Vermont as homes for the military's F-35 Joint Strike Fighter, prompting applause from officials banking on the pricey new combat jets to supercharge their communities' economies.


Business Highlights (AP) (Jul-29, 16:42 EDT )-- AP - Initial jobless claims drop to 457,000


Fed officials clash on need for more stimulus (Reuters) (Jul-29, 16:40 EDT )-- Reuters - Federal Reserve officials clashed on Thursday over whether the central bank should be more aggressive in supporting the stumbling economy and one said the Fed's current policy may be contributing to worryingly low levels of inflation.


Debate intensifies in Fed over economy (AP) (Jul-29, 16:26 EDT )-- AP - Debate is intensifying at the Federal Reserve over how best to cope with a weakening recovery, with momentum growing for a concrete plan to prevent a backslide into recession.


US Fed official warns of 'Japanese-style' stagnation (AFP) (Jul-29, 16:19 EDT )-- AFP - The US economy risks "Japanese-style" stagnation, a top Federal Reserve official warned Thursday, as a key economic report was expected to show the recovery is losing pace.


A look at global economic developments (AP) (Jul-29, 15:53 EDT )-- AP - A look at economic developments and activity in major stock markets around the world Thursday:


Summary Box: Initial jobless claims drop (AP) (Jul-29, 15:48 EDT )-- AP - JOBLESS CLAIMS DROP: New requests for unemployment benefits dropped last week by 11,000 to 457,000, the third drop in four weeks.


Big Oil posts better profits on higher fuel prices (AP) (Jul-29, 15:46 EDT )-- AP - The major oil companies continue to climb back from the recession, with higher fuel prices driving up earnings.


Pentagon officials condemn leak of Afghan war documents (Jul-29, 15:43 EDT )-- Defense Secretary Robert Gates on Thursday condemned the leak of tens of thousands of pages of classified military documents on the Afghan war, warning that the "battlefield consequences" are "potentially severe and dangerous" for American troops and...


Summary Box: Mortgage rates hit low of 4.54 pct. (AP) (Jul-29, 15:25 EDT )-- AP - RATES KEEP FALLING: Mortgage company Freddie Mac said the average rate for 30-year fixed loans this week was 4.54 percent, down from 4.56 last week.


MetLife posts Q2 earnings of $1.5 billion (Reuters) (Jul-29, 15:15 EDT )-- Reuters - MetLife Inc , the biggest U.S. life insurance company, posted a second-quarter profit of $1.53 billion, helped by investment gains.


Dollar hits 11-week low vs euro on recovery fears (AP) (Jul-29, 14:45 EDT )-- AP - The dollar slid to its lowest level against the euro in nearly three months Thursday amid mounting concerns about the U.S. economy at a time when European indicators are improving.


On the Call: Goodyear President-CEO Richard Kramer (AP) (Jul-29, 14:10 EDT )-- AP - Tire inventories dwindled during the recession with money so tight. J.P. Morgan analyst Himanshu Patel asked Goodyear executives on Thursday to discuss the commercial truck inventory situation. Goodyear's president and CEO, Richard J. Kramer, said...


Fed official eyes revival of crisis-era program (AP) (Jul-29, 14:09 EDT )-- AP - The Federal Reserve should revive a crisis-era program to buy government debt if the country seems headed toward a bout with deflation, a Fed official said Thursday.


Citigroup settles charges over misleading investors (AFP) (Jul-29, 14:00 EDT )-- AFP - US bank Citigroup agreed Thursday to pay a 75-million-dollar fine to settle charges it misled investors about exposure to subprime mortgage-related assets, the Securities and Exchange Commission said.


Interpublic 2Q results surpass analyst views (AP) (Jul-29, 14:00 EDT )-- AP - Interpublic Group of Cos., a marketing conglomerate, on Thursday reported second-quarter results above analyst estimates — the latest indication that companies are growing more comfortable spending on advertising as the economy recovers.


Republicans block small business plan in Senate (Reuters) (Jul-29, 13:50 EDT )-- Reuters - Senate Republicans blocked a $30-billion plan to help community banks boost lending to small businesses, dealing a blow to President Barack Obama's election-year battle to reduce unemployment.


Cuba: Deficit lower than expected for 2010 (AP) (Jul-29, 12:58 EDT )-- AP - Cuba says its budget deficit came in far below forecasts in the first half of 2010, evidence that tax increases and deep spending cuts on food imports may be helping the communist government weather a severe economic crunch.


US Fed official warns of 'Japanese-style' deflation (AFP) (Jul-29, 12:38 EDT )-- AFP - The United States risks "Japanese-style" economic stagnation like that seen in the Asian giant's "lost decade," top Federal Reserve official James Bullard warned in a gloomy paper published Thursday.


Fed's Bullard: buy more Treasuries if prices dip (Reuters) (Jul-29, 11:52 EDT )-- Reuters - The Federal Reserve should consider buying more Treasury securities, instead of promising an extended period of low rates to support recovery, should inflation drift lower, a top Fed official said.


Unemployment claims fall, but still elevated (Reuters) (Jul-29, 11:38 EDT )-- Reuters - New claims for unemployment benefits slipped last week, but stayed at a stubbornly high level that underscored the labor market recovery was having trouble gaining traction.


Federal-Mogul 2Q profit jumps; revenue up 23 pct. (AP) (Jul-29, 10:37 EDT )-- AP - Vehicle parts maker Federal-Mogul Corp. reported a $49 million profit for the second quarter on Thursday as the company capitalized on its global restructuring while the auto industry continued to recover from the recession.


How states fared on jobless claims, at a glance (AP) (Jul-29, 10:29 EDT )-- AP - New applications for unemployment benefits fell last week for the third time in four weeks, a sign layoffs may be slowing. But jobless benefit claims remain above 450,000, an elevated level that also indicates companies aren't hiring large numbers...


US to press partners for more Iran sanctions: Official (AFP) (Jul-29, 09:56 EDT )-- AFP - Top US officials will travel to Asia, the Middle East, and South America over the coming weeks to press for "strong" sanctions against Iran, a senior US Treasury official said Thursday.


AP survey: A bleaker outlook for economy into 2011 (AP) (Jul-29, 09:43 EDT )-- AP - The U.S. economic recovery will remain slow deep into next year, held back by shoppers reluctant to spend and employers hesitant to hire, according to an Associated Press survey of leading economists.


Mortgage rates hit low of 4.54 percent (AP) (Jul-29, 09:39 EDT )-- AP - Mortgage rates dropped to the lowest level on record for the fifth time in six weeks, making homebuying and refinancing the most attractive in decades for those who can get loans.


Initial jobless claims drop to 457,000 (AP) (Jul-29, 09:35 EDT )-- AP - New jobless claims fell last week for the third time in four weeks but remain elevated. The decline is a sign that the economy likely added jobs in July, although not enough to lower the nation's high unemployment rate.


Obama defends education policies to critics (AP) (Jul-29, 09:27 EDT )-- AP - President Barack Obama says the country's long-term economic success will be tied to the success of the nation's schools.


(AP) (Jul-29, 09:01 EDT )-- AP - Mortgage rates drop to 4.54 pct., hitting lowest level on record for fifth time in six weeks.


(AP) (Jul-29, 09:01 EDT )-- AP - Mortgage rates drop to 4.54 pct., hitting lowest level on record for fifth time in six weeks.


Euro hits $1.31 for first time since May (AFP) (Jul-29, 09:00 EDT )-- AFP - The European single currency topped 1.31 dollars for the first time since May on Thursday, boosted by US economic concerns and upbeat eurozone news, traders said.


Toyota recalls 412,000 cars in U.S. (Jul-29, 08:59 EDT )-- Toyota Corp. said Thursday that it is recalling 412,000 Avalons and Lexuses for steering problems, bringing the number of cars recalled around the world since October to nearly 9 million. Toyota - Automobile - auto - Toyota Avalon - Makes and Models


Jobless claims fall, raise optimism for recovery (Reuters) (Jul-29, 08:15 EDT )-- Reuters - New U.S. claims for unemployment benefits fell slightly more than expected last week, offering a ray of hope for the anemic labor market recovery.


US jobless claims fall unexpectedly (AFP) (Jul-29, 08:15 EDT )-- AFP - New claims for US unemployment benefits fell unexpectedly last week to 457,000, down 2.4 percent from the previous week, the Labor Department said.


Euro lifted by data, dollar hit by Fed warning (AFP) (Jul-29, 06:31 EDT )-- AFP - The euro hit its highest level against the dollar since May on Thursday, boosted by upbeat data while the US unit was hampered after the US Federal Reserve warned on the economic outlook.


After crisis, firms fuel spark of European optimism (Reuters) (Jul-29, 06:00 EDT )-- Reuters - A string of Europe's largest firms issued surprisingly upbeat profit reports on Thursday, bolstering an abrupt renewal of investor confidence in the region after months of debt turmoil and fears for the euro.


US recovery fears weigh on Asian markets (AFP) (Jul-29, 05:14 EDT )-- AFP - Concerns about the strength of economic recovery in the United States weighed on Asian stocks Thursday, with traders cashing in profits from recent gains in banks.


Euro zone economic sentiment rises to 28-month high (Reuters) (Jul-29, 05:10 EDT )-- Reuters - Euro zone economic sentiment rose strongly in July, buoyed by figures from Germany that point to a recovery as the currency area overcomes the sovereign debt crisis, but the outlook remains uncertain.


German jobless rate edges up to 7.6 percent (AP) (Jul-29, 05:02 EDT )-- AP - Germany's unemployment rate edged up slightly to 7.6 percent in July from 7.5 percent the previous month as summer vacations started, but the labor market is still on the road to recovery, new data showed Thursday.


Eurozone economic sentiment up again in July (AP) (Jul-29, 04:33 EDT )-- AP - Economic sentiment in the 16 countries that use the euro is at its highest level for over two years, the European Commission said Thursday.


Oil hovers near $77 on US economy, crude demand (AP) (Jul-29, 00:40 EDT )-- AP - Oil prices hovered near $77 barrel Thursday in Asia amid signs of a slowing U.S. economy and weak demand for crude.


FBI and military investigating source of leaked Afghan war documents (Jul-28, 23:00 EDT )-- The FBI and the Justice Department are working with the military to investigate the source of the leak of tens of thousands of classified military documents on the Afghan war to WikiLeaks.org, U.S. officials said Wednesday. Federal Bureau of...


Ex-Enron CEO Skilling seeks release on bail after Supreme Court ruling (Jul-28, 23:00 EDT )-- Former Enron executive Jeffrey Skilling is seeking to be released from prison on bail while an appeals court reconsiders convictions questioned by the Supreme Court. Supreme Court of the United States - Supreme Court - Enron - Jeffrey Skilling - Law


Geithner may borrow from financial agencies to staff new consumer bureau (Jul-28, 23:00 EDT )-- Employees at seven federal agencies will soon receive notice that they could have a new employer this time next year: the Consumer Financial Protection Bureau. United States - Home - Consumer Information - Advocacy and Protection - Business


Post Tech Cecilia Kang (Jul-28, 23:00 EDT )-- Rep. John D. Dingell (D-Mich.) said Wednesday that the chairman of the Federal Communications Commission should drop his push to re-regulate broadband lines. United States - Government - Cecilia Kang - Facebook - Washington Post


White House proposal would ease FBI access to records of Internet activity (Jul-28, 23:00 EDT )-- The Obama administration is seeking to make it easier for the FBI to compel companies to turn over records of an individual's Internet activity without a court order if agents deem the information relevant to a terrorism or intelligence investigation. ...


Unusual bunch of foes to postal rate increase unites as Affordable Mail Alliance (Jul-28, 23:00 EDT )-- By the time the U.S. Postal Service announced plans to raise rates earlier this month, an unusual alliance of customers was in place to oppose it. Mail - United States - Recreation - United States Postal Service - Stamps


Majority of spilled oil in Gulf of Mexico unaccounted for in government data (Jul-28, 23:00 EDT )-- Was Tony Hayward right, after all? Back in May, BP's chief executive told a British newspaper that "the Gulf of Mexico is a very big ocean," and the vast amounts of oil and chemical dispersants dumped into it were small by comparison. After he said...


Dominion reports increase in net income; a 'New Realism' at Fannie Mae (Jul-28, 23:00 EDT )-- Energy provider Dominion Resources said Wednesday that a sale of its assets and higher electric demand helped its net income more than triple in the second quarter. Fannie Mae - Business - Programming - NET - Component Frameworks


A crossroads for the U.S. economy (Jul-28, 23:00 EDT )-- The U.S. economy is out of the ditch. But is there enough gas left in the engine to reach highway speed? Economic - Asia - Politics - Barack Obama - United States


Small businesses emerge as big campaign issue for Democrats and Republicans (Jul-28, 23:00 EDT )-- As President Obama and his adversaries look for winning themes in the run-up to the November congressional election, both sides are noisily clamoring to prove their support for a critical constituency: America's small-business owners. Small...


digest (Jul-28, 23:00 EDT )-- The Obama administration is revising the latest report on its troubled mortgage-relief program, and the changes are likely to show a greater number of borrowers facing foreclosure after having their loans modified. Education - Methods and...


On midterm campaign trail, Obama mixes populist appeal with wooing of big donors (Jul-28, 23:00 EDT )-- President Obama's message to voters this election year is simple and full of populist zeal: Democrats are on the side of the little guy, not the Wall Street brokers, celebrities and chief executives. Barack Obama - United States - President -...


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11 Alerts from Alertpedia

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S.E.C. Charges Billionaire Dallas Brothers With Securities Fraud (Jul-29, 21:40 EDT )-- The billionaire brothers who are large donors to conservative causes, were charged with conducting an extensive securities fraud.


Added to the Recall List: Millions of Frozen Mice (Jul-29, 21:40 EDT )-- Salmonella outbreaks that have sickened more than 400 people in the U.S. and Great Britain, have been traced to frozen mice sold over the Internet as food for exotic pets.


Rich I.P.O. Brings Controversy to Microlender, SKS Microfinance (Jul-29, 21:29 EDT )-- The founder and early investors in the microlender will reap millions from the share deal, but it was unclear how impoverished borrowers would benefit.


DeGeneres Steps Down From ‘American Idol’ (Jul-29, 21:19 EDT )-- Fox said the talk show host was leaving effective immediately, despite having four years remaining on her contract.


Cloned Livestock Gain a Foothold in Europe (Jul-29, 21:11 EDT )-- The Continent has generally resisted genetically modified food, but small amounts of meat and dairy from cloned animals are already being consumed.


Obama to Promote Auto Bailout as a Success (Jul-29, 21:02 EDT )-- The White House has decided to argue more forcefully that investing in the auto industry helped keep workers employed and laid the groundwork for a rebound.


Economists Expect Slower Growth in 2nd Half (Jul-29, 21:02 EDT )-- Concerned about slow job creation, dwindling housing activity and decelerating retail sales, some economists have downgraded their expectations.


Within Fed, Subtle Shift Toward Deflation Concerns (Jul-29, 21:01 EDT )-- A Fed member warned that the agency’s current policies put the United States economy at risk of “Japanese-style” deflation.


High & Low Finance: In Basel, an Eternal Work in Progress (Jul-29, 21:01 EDT )-- The Basel committee that was supposed to toughen banking regulations seems caught in a battle to do so.


Citigroup Paying $75M To Settle Civil Charges (Jul-29, 16:16 EDT )-- The bank settles charges that it misled investors about its potential losses from subprime mortgages as the housing bust hit in 2007.


Foreclosures Rise In 3 Of 4 Metro Areas (Jul-29, 13:39 EDT )-- While it appears foreclosures may have peaked in metropolitan areas that were initially the worst hit, the crisis is now becoming much more widespread.


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18 Alerts from Alertpedia

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Senators Call On FDA To Rule On Alcoholic Energy Drinks (Jul-29, 15:30 EDT )-- Eight months ago, the Food and Drug Administration asked makers of beverages containing alcohol and caffeine to prove the drinks are safe. So far, nothing's been made public.


Subtle Shift Within Fed Toward Deflation Concerns (Jul-29, 15:10 EDT )-- A Fed member warned that the agency’s current policies put the United States economy at risk of “Japanese-style” deflation.


U.S. Markets Slip as Traders Await G.D.P. Report (Jul-29, 15:10 EDT )-- Trading continued to be erratic amid lackluster economic reports and mixed earnings forecasts.


Europe Struggles With Question of Food From Cloned Animals (Jul-29, 15:03 EDT )-- Despite public opposition, some livestock producers in Europe are showing great interest in technologies that are already relatively common in the United States.


Small-Business Bill Falters on Senate Partisanship (Jul-29, 14:51 EDT )-- The procedural blockade underscored how determined Republicans are to deny Democrats any further victories.


Britain Plans to Scrap Mandatory Retirement Age in 2011 (Jul-29, 14:49 EDT )-- The government says it wants to give people the chance to work beyond 65. But business leaders warned that a sudden change would create serious problems.


Siemens and VW Surge on Roaring Demand From China (Jul-29, 14:46 EDT )-- The better-than-expected results, along with a drop in unemployment, underscored how Germany is benefitting from the weaker euro and surging exports to emerging markets.


Internet Betting Gets Bigger as Online Gambling Companies Merge (Jul-29, 14:46 EDT )-- Two of the biggest European operators of Internet betting sites, PartyGaming and Bwin Interactive Entertainment plan to merge, forming the world's largest publicly traded online gambling company.


Costly New Prostate Cancer Drug Works In Mysterious Ways (Jul-29, 14:41 EDT )-- A new prostate cancer treatment that uses a patient's own white blood cells to effectively create a personalized vaccine has been approved. But no one really knows how it works.


The Sweet Smell of Marketing Success (Jul-29, 14:28 EDT )-- Do pleasant smells encourage spending?


Citigroup Pays $75 Million to Settle Subprime Claims (Jul-29, 14:28 EDT )-- Besides the bank, two executives were singled out for not disclosing information about mortgage investments.


Budget Crunch Hits Atlantic City Hard (Jul-29, 14:10 EDT )-- State and local governments have cut 242,000 jobs since the summer of 2008, and that number is expected to grow as many states face massive deficits. Atlantic City is trying to shore up its finances by firing cops and city workers. Nationwide, these...


Fight Gears Up on Biomass (Jul-29, 13:51 EDT )-- Trotting out experts in medicine and forestry to argue that biomass generation could endanger human health.


Answers About Medicare: Part 4 (Jul-29, 13:01 EDT )-- Our Medicare expert answers reader questions about Medicare when you're self-employed, the details of the doughnut hole and gap insurance, who shouldn't elect Medicare part D and If widows who aren't 65 qualify for coverage after a spouse's death.


Avis Goes to War for Dollar Thrifty (Jul-29, 13:01 EDT )-- The Deal Professor examines Avis's opening salvo in its takeover war with Hertz for Dollar Thrifty.


Job Subsidies, Often Popular for Public Projects, Also Lift Private Employers (Jul-29, 12:49 EDT )-- Stimulus money sometimes goes to private companies to hire workers, instead of funding public projects.


Sales Fall, but Profit Increases at Motorola (Jul-29, 12:20 EDT )-- Motorola shipped 8.3 million phones in the quarter, including 2.7 million smartphones based on Android software from Google.


No More #$%&*? Talk At Goldman (Jul-29, 09:07 EDT )-- Goldman Sachs has warned its employees it will soon be screening their emails and text messages for swear words and acronyms (even words that contain *** won't fly.)


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Will my tax debt affect my chances of getting a business loan? | Q&A | SiliconIndia (Jul-29, 01:47 EDT )-- Will my tax debt affect my chances of getting a business loan?


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Why Higher Capital Standards Are Needed (Jul-29, 09:24 EDT )-- There is no evidence that they would reduce available credit or hurt growth or employment, an economist writes.


New Toyota Recall Involves About 400,000 Vehicles (Jul-29, 09:24 EDT )-- Among the Toyota recalls are 373,000 2000-4 Avalon models for a steering problem that could cause a crash, and 39,000 2003-7 Lexus LX 470 S.U.V.'s for a steering defect.


Mortgage Rates Hit Another Low: 4.54 Percent (Jul-29, 09:22 EDT )-- Mortgage rates dropped to the lowest level on record for the fifth time in six weeks, making homebuying and refinancing the most attractive in decades for those who can get loans. Freddie Mac says the average rate for 30-year fixed loans this week was...


Comeback Heralded for Japanese Electronics Giants (Jul-29, 09:04 EDT )-- A rebound in the global economy and solid growth in emerging markets, coupled with aggressive cost-cutting and restructuring drives, have started to raise their bottom lines.


Round of Upbeat Earnings Sends Shares Higher (Jul-29, 08:47 EDT )-- Wall Street has received a lift because of largely better-than-expected earnings and hopeful corporate forecasts.


Higher Oil Prices Help Exxon Top Forecasts (Jul-29, 08:30 EDT )-- The oil giant’s second-quarter income nearly doubled as oil prices and margins to process crude into fuel rebounded.


Can Government Help Small Businesses? (Jul-29, 07:48 EDT )-- Talking small business with a small-business owner in Congress.


Sales Fall but Profit Increases at Motorola (Jul-29, 07:46 EDT )-- Motorola shipped 8.3 million phones in the quarter including 2.7 million smartphones based on Android software from Google.


New Weekly Jobless Claims Decline To 457,000 (Jul-29, 07:31 EDT )-- Initial claims for unemployment benefits fell last week for the third time in four weeks but remain elevated. The Labor Department says first-time claims for unemployment insurance dropped by 11,000 to a seasonally adjusted 457,000. Analysts surveyed...


Telefónica Wins Full Control of Brazil Phone Venture (Jul-29, 06:19 EDT )-- The $9.75 billion deal should end a dispute between Telefónica and Portugal Telecom over their joint cellphone operation in Brazil.


Sanofi Mum on Genzyme Bid as It Reports Higher Profit (Jul-29, 05:56 EDT )-- The French pharmaceutical company is said to be considering an $18.6 billion bid for the U.S. biotechnology firm Genzyme.


Fed’s Report Shows Slowing Growth (Jul-29, 04:40 EDT )-- Growth has become uneven in recent weeks, the Federal Reserve said in its latest regional report. In some regions, the Fed said, economic activity had started to slow.


Amazon Launches Sleeker Kindle (Jul-29, 03:52 EDT )-- A vice president at Amazon says the new e-reader, which will become available at the end of August, fits in a coat pocket or a relatively small purse.


Bush-Era Tax Cuts Examined (Jul-29, 03:00 EDT )-- Tax cuts enacted in 2001 and 2003 are to expire in January unless Congress renews some or all of them. The cost of extending them by a decade: nearly $3 trillion. David Wessel, economics editor of The Wall Street Journal, offers his insight.


In Mass., A Debate Over 'Right To Repair' Law (Jul-29, 03:00 EDT )-- Massachusetts lawmakers are considering a bill that would give independent auto mechanics access to the same repair data as dealerships. This has been a recurring point of tension between the auto companies and companies that make parts and small...


Toyota Recalls 400,000 Vehicles (Jul-29, 03:00 EDT )-- Toyota is recalling more than 400,000 vehicles, due to steering system trouble. The cars involved are mostly higher-end Avalon sedans -- from model years 2000 to 2004. Toyota says the steering lock bar could break under certain conditions.


Report: Goldman Cracks Down On E-Mail Language (Jul-29, 03:00 EDT )-- Goldman Sachs is telling employees they can't use swear words in their e-mails, instant messages or text messages, the Wall Street Journal reports. The move could stem from recent congressional hearings in which Sen. Carl Levin (D-MI) read Goldman e...


Expert Blasts Insurance Practice As Deceptive (Jul-29, 03:00 EDT )-- One insurance expert says the way life insurance companies use retained-asset accounts is atrocious. Insurance expert Jeffrey Stempel offers his insight.


Siemens Posts $1.9 Billion Quarterly Profit (Jul-29, 02:35 EDT )-- Siemens, a bellwether for the global and German economies, said Thursday that profit rose 9 percent as a weaker euro and strong growth in emerging markets offset declines in Europe.


Gulf Residents Face Quandary: Sue Or Settle? (Jul-29, 02:25 EDT )-- The administrator of BP's compensation fund is trying to persuade Gulf Coast residents not to sue the company, but to take a settlement instead. But many in the region affected by the oil spill say it's too early to pinpoint their damages.


Oil Industry Rethinks Cost, Risk Of Drilling In U.S. (Jul-28, 23:01 EDT )-- Tighter regulations and tougher safety standards in the aftermath of the Gulf spill could mean higher costs for companies engaged in offshore oil drilling. As a result, oil production could shift to countries with less governmental oversight and fewer...


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Japan retail sales up 3.2 percent in June (AP) (Jul-28, 21:52 EDT )-- AP - Japan's retail sales in June rose for the sixth straight month, but the pace of growth is slowing.


Jobless rate to stay high: former Fed No. 2 (Reuters) (Jul-28, 17:46 EDT )-- Reuters - The United States will suffer high unemployment for some time as it slowly recovers from the deep recession that ended in 2009, a former second in command at the Federal Reserve said on Wednesday.


Economic Expansion Cooling, Fed Says (Investor's Business Daily) (Jul-28, 17:35 EDT )-- Investor's Business Daily - Economic activity continued to increase "on balance" from early June to mid-July, though it stalled or slowed in several districts, the Federal Reserve said Wednesday in its beige book report.


Nvidia cuts its 2Q sales forecast; shares fall (AP) (Jul-28, 17:07 EDT )-- AP - Nvidia Corp. lowered its sales forecast for its second quarter Wednesday, blaming a shift toward lower-priced chips as well as economic weakness in Europe and China. Its shares fell in aftermarket activity.


Schwarzenegger declares California fiscal emergency (Reuters) (Jul-28, 16:55 EDT )-- Reuters - California Governor Arnold Schwarzenegger declared a state of emergency over the state's finances on Wednesday, raising pressure on lawmakers to negotiate a state budget that is more than a month overdue and will need to close a $19 billion...


Highlights from the Fed's latest economic survey (AP) (Jul-28, 16:31 EDT )-- AP - Highlights from the Federal Reserve's survey of economic conditions nationwide. The survey, released Wednesday and known as the Beige Book, is based on information collected from the Fed's 12 regional bank districts.


US Fed sees 'modest' recovery faltering in some regions (AFP) (Jul-28, 16:26 EDT )-- AFP - The "modest" US economic recovery is slowing in some parts of the country, the Federal Reserve warned in its latest Beige Book report published Wednesday.


Durable goods orders fall while business spending up (Reuters) (Jul-28, 15:51 EDT )-- Reuters - New orders for long-lasting manufactured goods fell unexpectedly for a second straight month in June, posting the largest drop since August in a sign economic recovery cooled in the second quarter.


Unemployment rises in 75 pct of metro areas (AP) (Jul-28, 15:50 EDT )-- AP - The unemployment rate in about three-quarters of the nation's largest metro areas rose last month as nearly one million teenagers entered the work force looking for summer jobs.


Treasury says latest mortgage-aid report flawed (AP) (Jul-28, 15:46 EDT )-- AP - The Obama administration is revising the latest report on its troubled mortgage-relief program, and the changes are likely to show a greater number of borrowers facing foreclosure after having their loans modified.


Goldman and Citigroup to sell $788.5 million CMBS (Reuters) (Jul-28, 15:41 EDT )-- Reuters - Goldman Sachs Group Inc and Citigroup Inc will sell a $788.5 million commercial mortgage-backed security, according to a term sheet sent to investors, in the largest deal of its kind since volume began crawling back after the financial crisis.


Fed survey: Recovery slows in some places (AP) (Jul-28, 15:35 EDT )-- AP - The pace of economic activity has slowed or held steady in parts of the country, revealing a choppy path back to health.


Obama presses lawmakers on small-business jobs plan (Reuters) (Jul-28, 15:32 EDT )-- Reuters - President Barack Obama on Wednesday kept up his push for U.S. Senate approval of a $30 billion small-business lending package he said would generate jobs, and urged Republicans to stop blocking the plan for political gain.


Mortgage lenders must register in database (AP) (Jul-28, 15:19 EDT )-- AP - Loan officers at banks will be required to provide their names and fingerprints to a national database as part of an effort to crack down on shady operators who fed the real estate bubble.


California governor declares state of fiscal emergency (Reuters) (Jul-28, 15:18 EDT )-- Reuters - Increasing pressure on lawmakers to negotiate a state budget that closes a $19 billion shortfall, California Governor Arnold Schwarzenegger declared a state of emergency over the state's finances on Wednesday.


Obama calls for GOP to rally behind small-business loans (Jul-28, 15:00 EDT )-- President Obama said Wednesday that Republicans should join Democrats in passing legislation to help provide loans to small businesses. Small business - Business - Barack Obama - United States - President


Obama calls for GOP to rally behind small-business loans (Jul-28, 14:53 EDT )-- Small business - Business - Barack Obama - United States - President


Featured Advertiser (Jul-28, 14:53 EDT )


Summary Box: Mortgage applications down percent (AP) (Jul-28, 14:47 EDT )-- AP - MORTGAGE APPLICATIONS DOWN: Applications for home loans fell 4.4 percent last week despite the lowest mortgage rates in decades, according to the Mortgage Bankers Association.


Summary Box: Unemployment up in most metro areas (AP) (Jul-28, 14:42 EDT )-- AP - WIDESPREAD INCREASE: The unemployment rate in about three-quarters of the nation's largest metro areas rose last month. That reverses the trend of the previous three months, when joblessness fell in most metro areas.


Obama pushes business bill as an all-American goal (AP) (Jul-28, 14:40 EDT )-- AP - President Barack Obama on Wednesday cast his latest economic pitch as a matter of patriotism, urging the Senate to ditch its partisan mode at least long enough to pass a package of tax cuts and loan relief for small businesses. "This is as...


Fed says some districts report slowing economy (Reuters) (Jul-28, 14:38 EDT )-- Reuters - The economy kept growing overall in recent weeks, but unevenly and it actually slowed in a few regions as housing markets softened after the end of a popular tax break, the Federal Reserve said on Wednesday.


Obama pleads with Republicans on small business bill (AFP) (Jul-28, 14:25 EDT )-- AFP - US President Barack Obama pleaded with his Republicans foes Wednesday not to block his bid to aid small businesses, an economic sector he called "as American as apple pie."


US Republicans assail trimmed Democratic energy plan (AFP) (Jul-28, 14:20 EDT )-- AFP - US Senators feuded Wednesday over whether oil firms should have to pay for all economic damages from spills like the Gulf of Mexico disaster, a dispute that could sink a pared-back energy bill.


Senate panel approves Yellen as Fed vice chair (AP) (Jul-28, 14:06 EDT )-- AP - A Senate panel on Wednesday approved three of President Barack Obama's picks for the Federal Reserve, including his nomination of Janet Yellen to be the central bank's second-highest-ranking official.


US Fed sees 'modest' recovery faltering in some regions (AFP) (Jul-28, 13:18 EDT )-- AFP - The "modest" US economic recovery is slowing in some parts of the country, the Federal Reserve warned in its latest Beige Book report published Wednesday.


California city OKs tax rates for marijuana (Reuters) (Jul-28, 12:47 EDT )-- Reuters - Anticipating California voters will back a November ballot measure to legalize casual marijuana use, officials in Oakland have approved two tax rates on pot sales in their city, already a hub of the state's medicinal marijuana scene.


Buy, Sell, or Hold Research In Motion? (The Motley Fool) (Jul-28, 12:34 EDT )-- The Motley Fool - Right now, you can't go through a list of news articles for Research In Motion (Nasdaq: RIMM - News) without seeing gloomy headlines such as "Why RIM is a Risky Investment" (TheStreet.com) and "BlackBerry's Era May Be Ending" (The New...


5 Essential Components of a Retirement Plan (U.S. News & World Report) (Jul-28, 12:12 EDT )-- U.S. News & World Report - When most people plan for retirement they think about saving and investing so they have a large nest egg to draw upon once they stop working. Investing is certainly important, but it is not the whole story. A secure...


Summary Box: Kodak posts 2Q loss (AP) (Jul-28, 09:44 EDT )-- AP - RESULTS: Eastman Kodak Co. posted a second-quarter loss of $168 million, or 63 cents per share, compared with a loss of $189 million, or 70 cents a share, in the recession-mired April-June period of 2009. Sales dipped 11 percent to $1.57 billion.


WellPoint 2Q profit rises 4 pct, outlook increased (AP) (Jul-28, 09:40 EDT )-- AP - WellPoint Inc. said its second-quarter net income rose 4 percent, as a boost from lower-than-expected leftover claims helped counter a hit the health insurer took in California, where it delayed premium hikes after taking heavy criticism.


Orders for big-ticket goods fall 1 percent in June (AP) (Jul-28, 09:32 EDT )-- AP - Orders to U.S. factories for big-ticket manufactured goods fell in June as demand for commercial aircraft plummeted. But businesses increased spending on capital goods for a second straight month, a sign that manufacturing continues to help keep...


Mortgage applications fall 4.4 percent last week (AP) (Jul-28, 08:30 EDT )-- AP - Applications for home loans fell last week despite the lowest mortgage rates in decades.


Durable goods orders fall as growth picture dims (Reuters) (Jul-28, 08:12 EDT )-- Reuters - New orders for long-lasting U.S. manufactured goods unexpectedly fell for a second straight month in June, posting their largest decline since August, further evidence economic growth cooled in the second quarter.


(AP) (Jul-28, 07:32 EDT )-- AP - Durable goods orders fall by 1 percent in June as sputtering economy drags down demand.


Mortgage demand dips on rising rates (Reuters) (Jul-28, 06:37 EDT )-- Reuters - U.S. home loan demand cooled last week as rising mortgage rates curbed refinancing requests that had soared to a 14-month high, the Mortgage Bankers Association said on Wednesday.


Mortgage demand dips on rising rates (Reuters) (Jul-28, 06:37 EDT )-- Reuters - U.S. home loan demand cooled last week as rising mortgage rates curbed refinancing requests that had soared to a 14-month high, the Mortgage Bankers Association said on Wednesday.


Bank of England chief says stimulus still needed (AP) (Jul-28, 05:27 EDT )-- AP - The governor of the Bank of England said Wednesday that the need to stimulate the economy still takes precedence over concerns about high inflation at a time when the outlook for the global economy remains uncertain.


IMF gives ground on yuan exchange rate debate (Reuters) (Jul-27, 23:54 EDT )-- Reuters - The International Monetary Fund has chosen not to call the yuan "substantially" undervalued, a move that recognizes China's efforts to free up its exchange rate and avoids friction with an increasingly influential shareholder.


Census data reveal broad differences among states in rates of uninsured (Jul-27, 23:00 EDT )-- New census data released Tuesday confirm a huge spread in the rate of uninsured from state to state and the big difference in impact that can be expected as a result of the health-care overhaul recently passed by Congress. Census - Government -...


Criminal probe of oil spill to focus on 3 firms and their ties to regulators (Jul-27, 23:00 EDT )-- A team of federal investigators known as the "BP squad" is assembling in New Orleans to conduct a wide-ranging criminal probe that will focus on at least three companies and examine whether their cozy relations with federal regulators contributed to...


The ruling and the bill (Jul-27, 23:00 EDT )-- The Supreme Court's Citizens United v. Federal Election Commission ruling: Legal Information - Law - Sex Offenses - Crime - Child Pornography


BP names Dudley as CEO, announces $17 billion loss (Jul-27, 23:00 EDT )-- BP gave investors a glimpse of its future Tuesday, one that will feature a new American chief executive, slimmed-down operations, and $32.2 billion or more in payments to clean up and compensate people affected by the massive oil spill in the Gulf of...


Bill on political ad disclosures falls a little short in Senate (Jul-27, 23:00 EDT )-- Senate Republicans on Tuesday blocked legislation requiring fuller disclosure of the money behind political advertising, derailing a major White House initiative and virtually ensuring an onslaught of attack ads during this year's midterm election...


Strict immigration rules may threaten Japan's future (Jul-27, 23:00 EDT )-- TOKYO -- Her new country needs her, her new employer adores her, and Joyce Anne Paulino, who landed here 14 months ago knowing not a word of the language, can now say in Japanese that she'd like very much to stay. But Paulino, 31, a nurse from the...


BP to cut U.S. tax bill by $10 billion because of losses in gulf spill (Jul-27, 22:56 EDT )-- BP said Tuesday that it plans to cut its U.S. tax bill by $9.9 billion, or about half the amount pledged to aid victims of the disaster, by deducting costs related to the oil spill. BP - Tax - United States - Oil spill - Gulf of Mexico


US faces prolonged sluggish growth prospects (AFP) (Jul-27, 22:06 EDT )-- AFP - A year after bouncing back from a brutal recession, the US economy is losing steam and may enter a long period of sluggish growth inadequate to ease high unemployment, analysts warn.


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