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Where Pimco stands (Jul-24, 23:00 EDT )-- 97% of Pimco's fixed-income rivals have fared worse than its signature fund has in the past decade. Business - Pimco - Mutual fund - Investment management - Hong Kong
Bond giant Pimco taking another shot at equities, driven by belief in 'new normal' (Jul-24, 23:00 EDT )-- Bill Gross, who runs the world's biggest mutual fund, takes a seat in a conference room and makes a confession. Overlooking the ocean at the headquarters of Pacific Investment Management Co., Gross describes missteps that doomed his bond firm's earlier...
How to Deal/Lily Garcia: For more work, more pay? (Jul-24, 23:00 EDT )-- Lily Garcia has advised companies on employment law and human resources for more than 10 years. This is adapted from a recent online discussion. British Indian Ocean Territory - Asia - Jerry Garcia - Diego Garcia - Amir Bar-Lev
Businesses relying more on pre-employment testing (Jul-24, 23:00 EDT )-- Your next boss might want to know more than your last one about your personality, thought processes, motivations, work style, values and aptitude for the job. Or perhaps she just needs to screen out three-quarters of the applicants quickly. Either way,...
Former homeowners ponder when to re-enter real estate market (Jul-24, 23:00 EDT )-- N ew york -- In hindsight, Scott Feldman's decision to sell his first home in late 2006 could have been a case study in a textbook called "How to Time the Real Estate Market." Real estate - United States - Business - Services - Property Law and...
Race isn't the problem -- economic inequality is (Jul-24, 23:00 EDT )-- Instead of focusing on the politics behind the firing and subsequent redemption of Agriculture Department employee Shirley Sherrod, we should consider what she was trying to tell us when she addressed the NAACP. Economic - Social Sciences -...
Digging into finance's pay dirt: The risky business of payday loans and more (Jul-24, 23:00 EDT )-- Sometime this spring, Democrats stopped calling Sen. Chris Dodd's bill "financial reform" and started calling it "Wall Street reform." Most of the headlines and news releases on the sweeping legislation focused on the well-heeled, white-collar, upper...
No need to shun all European stocks (Jul-24, 23:00 EDT )-- It's a mess across the pond. The problems facing Europe and the euro cannot be papered over with the rescue package of nearly $1 trillion the European Union cobbled together for Greece, Spain and Portugal. Not only are the "Club Med countries" spending...
Liz Ann Sonders, Schwab's chief investment strategist, sees a choppy ride up (Jul-24, 23:00 EDT )-- Liz Ann Sonders, chief investment strategist at Charles Schwab, has earned a reputation for spot-on analysis of the stock market and the economy as well as having a knack for connecting with individual investors. Charles Schwab Corporation - Liz...
As Cubans wait, Castro to mark revolution's start (Reuters) (Jul-24, 15:56 EDT )-- Reuters - President Raul Castro will mark the 57th anniversary of the start of the Cuban revolution on Monday on a bit of a roll internationally, but still struggling to modernize one of the world's last communist economies.
Pelosi calls for liberal activists to help keep Democrats in majority (Jul-24, 13:23 EDT )-- LAS VEGAS -- House Speaker Nancy Pelosi (D-Calif.) stepped into a convention of liberal activists here Saturday with a blunt appeal: The gates to a progressive agenda have opened under Democratic control, she said, and they will close if Republicans...
US economy 'gradually' improving: Geithner (AFP) (Jul-24, 13:21 EDT )-- AFP - The US economy is "gradually" improving after the financial crisis, US Treasury Secretary Timothy Geithner said in an interview on NBC News' "Meet the Press" program, to be broadcast Sunday.
Obama criticizes Republicans on economy (Reuters) (Jul-24, 12:19 EDT )-- Reuters - President Barack Obama criticized Republicans on Saturday for supporting economic policies that "created this mess in the first place" as he tried to raise election-year doubts about his opponents.
BP stalls payments to oil spill victims: Feinberg (Reuters) (Jul-24, 11:25 EDT )-- Reuters - British energy giant BP Plc is holding up payments to economic victims of the Gulf of Mexico oil spill, Kenneth Feinberg, administrator of a $20 billion compensation fund, said on Saturday.
BP stalling payments to oil spill victims - Feinberg (Reuters) (Jul-24, 09:35 EDT )-- Reuters - British energy giant BP Plc is holding up payments to economic victims of the Gulf of Mexico oil spill, Kenneth Feinberg, administrator of a $20 billion compensation fund, said on Saturday.
Obama, GOP spar over how to revive ailing economy (AP) (Jul-24, 09:12 EDT )-- AP - President Barack Obama derided an economic plan from the top House Republican as repeating job-killing policies of the past that help drive the country into recession.
Obama criticizes Republicans on economy (Reuters) (Jul-24, 05:20 EDT )-- Reuters - President Barack Obama criticized Republicans on Saturday for supporting economic policies that "created this mess in the first place" as he tried to raise election-year doubts about his opponents.
Obama praises Wall Street reforms (AFP) (Jul-24, 05:13 EDT )-- AFP - US President Barack Obama Saturday praised a Wall Street reform law enacted this week and rejected a Republican plan to jump-start the economy, saying it will take the country backward.
China runs stress tests on property trusts: report (Reuters) (Jul-24, 02:41 EDT )-- Reuters - China's banking regulator has run stress tests in the country's trust firms to see if they can withstand a downturn in the property sector, the Economic Observer reported on Saturday, citing unidentified industry sources.
Probe links 20 defense workers to online child pornography (Jul-23, 23:00 EDT )-- Federal investigators have identified about 20 Pentagon employees and contractors who allegedly bought and downloaded online child pornography and in some cases used their government-issued computers to view the illegal material. Child...
Facebook's test: Building on ad revenue (Jul-23, 23:00 EDT )-- Facebook may be growing like gangbusters, but the question clouding the storybook rise of Silicon Valley's latest phenomenon is whether it can figure out how to make money at the same pace. Facebook - Social network - Business - Online...
Federal budget deficit to exceed $1.4 trillion in 2010 and 2011 (Jul-23, 23:00 EDT )-- The federal budget deficit, which hit a record $1.4 trillion last year, will exceed that figure this year and again in 2011, the White House predicted Friday, providing fresh ammunition to Republicans who are hammering President Obama for all the red...
McLean's Sunrise Senior Living settles with SEC over investigation of finances (Jul-23, 23:00 EDT )-- Sunrise Senior Living said Friday that it has agreed to settle with the Securities and Exchange Commission over an investigation into the McLean company's financial reporting from 2003 to 2005. Sunrise Senior Living - Business - Real estate -...
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