14 Alerts from Alertpedia

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New Job Means Lower Wages for Many (Aug-31, 21:30 EDT )-- Job growth is increasingly polarized between high-paid occupations demanding education and training and low-wage, service-type jobs.


Old G.M. Being Sold for Parts (Aug-31, 21:26 EDT )-- Motors Liquidation Company, the home of General Motors’ shuttered plants and other unwanted assets, is gradually cleaning them up and selling them off.


TV News for Early Risers (or Late-to-Bedders) (Aug-31, 21:23 EDT )-- The new battleground for stations is the morning, with news broadcasts going on air at 4:30 a.m. or earlier.


Internal Dissent and Staff Losses May Hurt Financial Crisis Panel (Aug-31, 21:20 EDT )-- The group examining the causes of the financial crisis hopes to produce a report by Dec. 15 that will influence future policies, but squabbles and turnover are hampering its efforts.


Advertising: Under Armour Wants to Dress Athletic Young Women (Aug-31, 20:51 EDT )-- Under Armour became the coveted brand for young men in their teens and 20s. Now the company is aiming to win over active young women.


Fed Divided on Move to Buy U.S. Debt (Aug-31, 20:50 EDT )-- The August meeting ended, however, with the board voting 9 to 1 to buy a modest amount of government debt.


Lawyers for Lehman Are Seeking Records From Hedge Funds and Goldman (Aug-31, 20:45 EDT )-- The estate of Lehman Brothers Holdings has subpoenaed records from big hedge funds and Goldman Sachs as it seeks to recover money lost in Lehman’s collapse.


New Rivals to Warfarin as Blood Clot Preventer (Aug-31, 20:37 EDT )-- A Bristol-Myers drug shows promise in treating a heart rhythm disorder, and others combat postsurgical clotting and deep vein thrombosis.


Washington Post Suspends Columnist for Twitter Hoax (Aug-31, 20:36 EDT )-- Mike Wise said in his Twitter account that a Pittsburgh Steelers quarterback was suspended for five games.


Economic Scene: Tax Cuts That Make a Difference (Aug-31, 20:35 EDT )-- Republicans and President Obama are open to tax cuts. The question is what kind can put people back to work.


H.P. to Work With Hynix on New Computer Memory Chips (Aug-31, 20:34 EDT )-- A simpler alternative to transistors, the memristor, will allow for more computer memory in even smaller devices.


Support of Anglo Irish Bank Strains Ireland (Aug-31, 20:31 EDT )-- The Irish government’s strategy is being called into question as its credit rating suffers and its borrowing costs resume their upward trajectory.


Exports Lift Agriculture, Bright Spot in Economy (Aug-31, 20:31 EDT )-- Export growth is propelled by higher prices for many products, including wheat, whose prices have skyrocketed as drought and heat struck Russia.


Square Feet: Above Ground, a 2nd Ave. Subway Plan Attracts Critics (Aug-31, 20:10 EDT )-- A half-dozen buildings on Second Avenue will house ventilation equipment, disperse smoke and allow for evacuation from subway tunnels in emergencies.


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18 Alerts from Alertpedia

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A Flat Day but a Down Month on Wall Street (Aug-31, 15:53 EDT )-- The latest housing data was more upbeat, and the latest on consumer confidence rose in August. But traders were still concerned about Friday’s jobs report.


For Many, a New Job Means Lower Wages (Aug-31, 15:53 EDT )-- Job growth is increasingly polarized between high-paid occupations demanding education and training and low-wage, service-type jobs.


A Greener Champagne Bottle (Aug-31, 15:52 EDT )-- France’s Champagne industry is trying to cut the carbon dioxide it emits transporting billions of tiny bubbles around the world.


India’s Economy Accelerated in Quarter (Aug-31, 15:44 EDT )-- Economists said growth would probably cool slightly in the months ahead, as the world economy slowed.


Taiwan Blocks Sale of Nan Shan, an A.I.G. Unit (Aug-31, 15:40 EDT )-- The proposed $2.15 billion deal was the second to fall apart for the American International Group, which is trying to raise money to repay its federal bailout.


China Illegally Subsidized Aluminum Products, U.S. Rules (Aug-31, 15:40 EDT )-- The Commerce Department declined, however, to rule on claims that China’s undervalued currency amounted to an unlawful subsidy.


New York Lowers 529 Plan Fees (Aug-31, 15:34 EDT )-- New York has cut the fees on its 529 College Savings Program Direct Plan.


F.D.I.C. Gives a Mixed Report on Banks in Quarter (Aug-31, 15:26 EDT )-- The banking sector posted a record $21.6 billion in profit in the quarter, but the list of problem banks increased.


U.S.: China Unfairly Aided Aluminum Industry (Aug-31, 15:20 EDT )-- The Commerce Department stopped short of making a stronger ruling on claims by U.S. leaders and manufacturers that an undervalued Chinese currency gives Beijing's exporters a lopsided price advantage.


Ireland Tries to Keep a Bank From Pulling It Under (Aug-31, 15:05 EDT )-- Anglo-Irish, the midsize Irish lender whose profligacy symbolized the excesses of the real estate bubble, has put a strain on the government’s finances.


Fed Officials Discussed Further Stimulus Steps (Aug-31, 14:51 EDT )-- Federal Reserve officials signaled that they would consider going beyond a modest program to purchase government debt if necessary to boost the economy.  Minutes of the Fed's Aug. 10 meeting show the central bank recognized that the economy could need...


Fed Minutes Show Divisions on Move to Buy Debt (Aug-31, 14:45 EDT )-- The August meeting ended, however, with the board voting 9 to 1 to buy a modest amount of government debt.


Square Feet: Building on the Past, a Detroit District Thrives (Aug-31, 14:36 EDT )-- Developers in Midtown are refurbishing older buildings, using tax credits and public financing, as much as they are building from scratch.


The Race to Replace Warfarin (Aug-31, 14:26 EDT )-- Leading drug makes are developing new anticoagulant drugs to prevent stroke and systemic blood clots in people with atrial fibrillation, an irregular heartbeat disorder.


Strong Bertelsmann Earnings Affirm Ad Upswing (Aug-31, 13:53 EDT )-- Evidence of a rebound in the media industry strengthened when Bertelsmann of Germany reported strong financial results for the first half of 2010 and upgraded its outlook for the whole year.


Chrysler Dealers Gather in Detroit to Hear About Fiat (Aug-31, 13:53 EDT )-- The atmosphere was almost partylike when about 400 Chrysler dealers came to Detroit to talk about putting a Fiat in their future.


Consumer Confidence Rose in August (Aug-31, 13:45 EDT )-- The Conference Board said its index on consumer confidence increased, but Americans remained apprehensive about the economic future.


How Veterinarians Help Predatory Lenders (Aug-31, 07:58 EDT )-- New York Attorney General Andrew Cuomo is probing credit cards being pushed by health care providers, including vets. After a teaser rate expires, the interest charges balloon and leave consumers with unexpectedly big bills.


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25 Alerts from Alertpedia

News Alerts

Opinions vary on plan for business loan fund (Aug-31, 03:31 EDT )-- President Barack Obama's call for Senate action on a bill to help small businesses received a mixed response from Coachella Valley small business owners on Monday.


RSS Feed Alerts

Wall Street Indexes Get a Shot of Confidence (Aug-31, 09:50 EDT )-- The latest housing data was more upbeat, and the latest on consumer confidence rose in August.


Advances Offer Path to Shrink Computer Chips (Aug-31, 09:50 EDT )-- Researchers say they can overcome a barrier to the continued rapid miniaturization of computer memory.


More Banks Are Troubled Even As Profits Soar (Aug-31, 09:47 EDT )-- A mixed picture of U.S. banks emerged as the industry posted its highest quarterly earnings in nearly three years while the number of troubled institutions grew by more than 50. Banks overall made $21.6 billion in the April-to-June quarter, compared...


U.S. Home Prices Rose 1% in June (Aug-31, 09:20 EDT )-- The increase was attributed to a federal tax credit for home buyers that has since expired.


Consumer Confidence Inches Up In August (Aug-31, 09:17 EDT )-- Americans' confidence in the economy improved slightly this month, but the mood is still gloomy amid job worries, according to a monthly survey. The Conference Board said its Consumer Confidence Index improved slightly to 53.5, up from a revised 51.0...


With Salmonella, It's A Chicken-Or-Egg Conundrum (Aug-31, 09:00 EDT )-- Eggs have been getting a bad rap lately as the number of people being made sick by eggs contaminated with salmonella continues to rise. But eggs themselves -- if they come from a healthy bird -- are remarkably resistant to contamination.


Home Prices Rose In June Amid Expiring Incentives (Aug-31, 08:14 EDT )-- Home prices were higher for the third straight month amid a burst of home-buying due to tax incentives that have since expired. The Standard & Poor's/Case-Shiller 20-city home price index posted a 1 percent increase in June from May and was up 4.2...


No Deal: Buyers Will See Fewer Discounts For Cars (Aug-31, 08:03 EDT )-- For years, Americans shopping for cars were treated to all sorts of deals and incentives, especially at the end of summer. But automakers, newly lean and profitable, are holding the line on those profit-eating promotions.


Google Unveils System For Prioritizing E-Mail (Aug-31, 08:01 EDT )-- The company says the feature will help set priorities for a user's inbox and ease up that sense of information overload. Google says people who used the new system in its testing phase saved about a week's worth of time over the course of a year.


Indian Economy Accelerating (Aug-31, 07:51 EDT )-- Sharp increases in manufacturing, mining and services helped the country grow at a rate of 8.8 percent in the three months that ended in June, its fastest pace in more than two years.


Mixed Data Underlines Two-Speed Recovery in Europe (Aug-31, 07:40 EDT )-- Euro-zone inflation slowed in August, pointing to steady interest rates well into 2011, but unemployment remains high and uneven across the region.


Google Offers Respite From Inbox Overload (Aug-31, 07:36 EDT )-- Google is introducing a new feature in Gmail called Priority inbox that it hopes will better highlight important e-mails.


Climate Change and Wealth of Nations (Aug-31, 07:21 EDT )-- Richer nations have the resources to cope with global warming, an economist writes, but what about the poorer ones?


Banks Grow Wary of Environmental Risks (Aug-31, 07:19 EDT )-- Some large lenders are taking a stand on industry practices â€" like mining and deforestation â€" that they regard as risky to their reputations.


Tips for Entrepreneurs (Aug-31, 06:00 EDT )-- I realized I couldn't give the secret to business success in 10 seconds.


U.S. Weighs Grades For Car Fuel Economy (Aug-31, 06:00 EDT )-- Cars with higher fuel economy and very low tailpipe emissions would get an A, while less-efficient cars could get a D. But critics say the proposal doesn't address all of the complex reasons people buy cars.


Taiwan to Block Sale of A.I.G. Unit (Aug-31, 05:50 EDT )-- The sale of Nan Shan Life Insurance has been dogged by regulatory concerns, with the Taiwan authorities objecting to one of the buyers' supposed ties to China.


Ice Cream Joins Cheese, Chocolate In Artisan Trend (Aug-31, 03:00 EDT )-- A gelato company in Washington, D.C., is a model of a big trend in the food industry: going artisan. Plenty of people seem willing to pay the higher prices of vendors that use locally sourced products and make smaller batches. A dairy in Pennsylvania...


California Set To Ban Plastic Grocery Bags (Aug-31, 03:00 EDT )-- California lawmakers are scheduled to vote Tuesday on a proposal to phase out and ultimately ban plastic grocery bags statewide. But plastic industry trade groups are lobbying hard and spending thousands to defeat the ban.


Conde Nast Brings Back 'Gourmet' Brand (Aug-31, 03:00 EDT )-- Publisher Conde Nast plans to produce "special editions" of Gourmet magazine. Three upcoming issues will use recipes from previous issues. The first one is Gourmet Quick Kitchen which hits newstands next Tuesday.


Car Incentives Are Getting Scarce (Aug-31, 03:00 EDT )-- Aggressive incentives that have lured drivers into dealerships, even during the recession, are starting to disappear. That's the assessment from Edmunds.com. The auto information site says with automakers newly lean and profitable, they're pulling back...


Will Scotch Whisky Revive Britain's Tanked Economy? (Aug-31, 03:00 EDT )-- Britain's economy is still struggling to pull out of the doldrums. There's on-going concern about inflation, and the new government is set to embark on the biggest round of spending cuts in a generation. But one area of the economy that remains...


Rodents, Contamination Found At 2 Egg Farms (Aug-31, 03:00 EDT )-- Federal health inspection reports released Monday show numerous violations at the egg factories involved in the massive egg recall this month. There was considerable evidence of rodent infestations and other unsanitary conditions. The Food and Drug...


3M Will Buy Cogent, Maker of Fingerprint ID Systems (Aug-31, 00:40 EDT )-- In purchasing Cogent, 3M hoped to tap into a $4 billion global biometric market that it said was projected to grow more than 20 percent annually.


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31 Alerts from Alertpedia

RSS Feed Alerts

2011 APEC meeting rated special security event (AP) (Aug-30, 20:28 EDT )-- AP - Next year's Asia-Pacific Economic Cooperation conference in Honolulu has been designated a national special security event by the U.S. Department of Homeland Security.


Business Highlights (AP) (Aug-30, 17:11 EDT )-- AP - Americans spend a bit more as economy limps along


Analyst: RV recovery to be flatter than expected (AP) (Aug-30, 16:34 EDT )-- AP - The recovery of the market for recreational vehicles will slow down due to the stalling economy, leading to lower profits for RV makers, Baird analysts said Monday.


U.S. proposes grading cars on emissions, efficiency (Reuters) (Aug-30, 16:06 EDT )-- Reuters - Gasoline misers like the Toyota Prius would get an 'A-' while muscle cars -- including the Ferrari 612 -- would get a 'D' under a labeling program proposed by Obama administration, which wants to convince consumers to buy vehicles that use...


Summary Box: Consumer spending rises in July (AP) (Aug-30, 15:55 EDT )-- AP - SPENDING: Consumer spending rose 0.4 percent in July, the best showing in four months. It was helped by strong demand for autos.


Bernanke to address financial crisis inquiry panel (AP) (Aug-30, 15:55 EDT )-- AP - Federal Reserve Chairman Ben Bernanke will testify this week about his role in the bank bailouts that sent billions of taxpayer dollars to banks deemed "too big to fail."


Fed policy on right course, economists say (Reuters) (Aug-30, 15:51 EDT )-- Reuters - Most economists in a recent survey said they approved of the Federal Reserve's current course on monetary policy and see deflation as a risk for the short term.


Americans spend a bit more as economy limps along (AP) (Aug-30, 15:47 EDT )-- AP - Americans are spending a little more this summer, but hardly enough to rejuvenate the weakening economy.


Crisis panel to hear from Bernanke and Lehman's Fuld (Reuters) (Aug-30, 15:43 EDT )-- Reuters - Federal Reserve Chairman Ben Bernanke and bank regulator Sheila Bair will testify this week before a panel exploring the causes of the financial crisis.


Interest rates mixed at weekly Treasury auction (AP) (Aug-30, 15:30 EDT )-- AP - Interest rates on short-term Treasury bills were mixed in Monday's auction with rates on three-month bills dropping to the lowest level in two months while rates on six-month bills rose.


Consumer spending gain strongest in 4 months (Reuters) (Aug-30, 15:30 EDT )-- Reuters - Consumer spending rose in July at the strongest pace in four months, supported by a small gain in incomes that offered hope that consumers will be able to keep contributing to a modest economic recovery.


Obama: GOP should let small business bill through (AP) (Aug-30, 15:25 EDT )-- AP - President Barack Obama exhorted Congress on Monday to make passage of a long-languishing small business aid package its first order of business when it returns next month from its summer break.


Updated car stickers to include environmental info (AP) (Aug-30, 15:04 EDT )-- AP - Will your new car get an A in fuel efficiency? A government proposal may add letter grades to showroom window stickers on new cars and trucks to reflect a vehicle's overall fuel economy and greenhouse gas emissions.


Dead soldiers' parents sue insurer over benefits (AP) (Aug-30, 13:40 EDT )-- AP - The parents of six deceased U.S. soldiers are suing Prudential Financial, saying it paid paltry interest on military life insurance benefits while keeping more generous interest earnings for itself.


Obama, advisers discussed more steps on economy (Reuters) (Aug-30, 12:53 EDT )-- Reuters - President Barack Obama said on Monday he and his economic team discussed additional steps to promote economic growth, including looking at tax cuts for businesses.


A look at economic developments around the globe (AP) (Aug-30, 12:45 EDT )-- AP - A look at economic developments and activity in major stock markets around the world Monday:


Forget Treasuries. Buy Convertibles Instead. (The Motley Fool) (Aug-30, 12:41 EDT )-- The Motley Fool - The recent pullback in the stock market has many investors running for cover. Meanwhile, fear of an imminent double-dip recession and concerns about renewed pressure in the housing market has pushed bond prices to historic highs,...


(AP) (Aug-30, 12:22 EDT )-- AP - Obama says getting the economy back on track will require a 'full-scale effort' in Washington.


Summary Box: Eurozone economic sentiment up again (AP) (Aug-30, 11:27 EDT )-- AP - SPRING IN PARIS: Economic confidence in the 16 countries that use the euro rose to its highest level in nearly two-and-a-half years during August.


U.S. to propose labeling greenhouse gases from cars (Reuters) (Aug-30, 11:18 EDT )-- Reuters - The United States will propose on Monday new labels for passenger vehicles detailing for the first time their greenhouse gas emissions, while also changing measurements of fuel economy.


Fed's Kohn to become academic after leaving post (Reuters) (Aug-30, 11:05 EDT )-- Reuters - Federal Reserve Vice Chairman Donald Kohn will take his central banking expertise to the Brookings Institution after he retires this week from four decades at the Fed, Brookings announced on Monday.


Obama to make statement on economy on Monday (Reuters) (Aug-30, 09:14 EDT )-- Reuters - U.S. President Barack Obama will make a statement on the economy at 12:30 p.m. EDT (1630 GMT) on Monday in the White House Rose Garden, the White House said.


US spending, incomes edge upward (AFP) (Aug-30, 08:50 EDT )-- AFP - US consumers are spending slightly more as their incomes are rising modestly, official data showed Monday, doing little to dispel fears about the health of the economy.


Consumer spending rises 0.4 percent in July (AP) (Aug-30, 08:31 EDT )-- AP - Americans spent last month at the fastest pace in four months, helped by a jump in demand for automobiles.


Consumer spending posts gain in July (Reuters) (Aug-30, 08:24 EDT )-- Reuters - Consumer spending rose at the strongest pace in four months in July, supported by a small gain in incomes that offered hope consumers will be able to keep contributing to a modest recovery.


BOJ eases policy to fight yen rise but impact seen slim (Reuters) (Aug-30, 08:16 EDT )-- Reuters - The Bank of Japan expanded its cheap loan scheme on Monday, heeding government calls for action to curb a rise in the yen that threatens a fragile economic recovery and leaving the door open to more policy easing.


Eurozone economic sentiment up again in August (AP) (Aug-30, 06:26 EDT )-- AP - Economic confidence in the 16 countries that use the euro rose to its highest level in nearly two-and-a-half years during August, the European Commission said Monday.


Survey finds support for Fed but split on spending (AP) (Aug-30, 05:50 EDT )-- AP - Economists are satisfied with the Federal Reserve's current interest rate policy, but they're divided over how the central bank should proceed over the next 12 months, a new survey finds.


Instant View: BOJ expands fund supply, hold off on bolder steps (Reuters) (Aug-29, 23:05 EDT )-- Reuters - The Bank of Japan expanded its fund supply tool at an emergency meeting, saving more aggressive steps for when there is clearer evidence of a slowdown in a fragile economy hit by a strong yen.


Fed policy on right course, economists say (Reuters) (Aug-29, 23:02 EDT )-- Reuters - Most economists in a recent survey said they approved of the Federal Reserve's current course on monetary policy and see deflation as a risk for the short term.


Companies (Aug-29, 21:45 EDT )-- Navigant Consulting of the District named Jim Speyer and Julie Solomon managing directors. Business - Major Companies - Company Rankings - United States - Marketing and Advertising


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15 Alerts from Alertpedia

RSS Feed Alerts

At Bookstore, Even Non-Buyers Regret Its End (Aug-30, 21:46 EDT )-- With more people choosing to buy books online, a Barnes & Noble on the Upper West Side prepared to close early next year.


New Stickers Will Go Beyond M.P.G. in Rating Cars (Aug-30, 21:44 EDT )-- The Obama administration is planning the biggest change in three decades to the window stickers in new cars.


Advertising: At the Game Show Network, Winning Is Everything (Aug-30, 21:42 EDT )-- In addition to classic game show reruns, GSN is showing live segments during which viewers at home can play for cash and prizes.


Egg Farms Violated Safety Rules (Aug-30, 21:40 EDT )-- Inspections, the F.D.A. said, found barns infested with flies, maggots and rodents, as well as overflowing manure pits.


Autodesk Will Reintroduce Its AutoCAD Design Software for Macs (Aug-30, 21:39 EDT )-- As Apple’s line of Mac computers has staged a comeback, more customers have asked that Autodesk make its flagship product available on the platform again.


Lenders Back Off of Environmental Risks (Aug-30, 21:38 EDT )-- Some large lenders are taking a stand on industry practices â€" like mining and deforestation â€" that they regard as risky to their reputations.


Chaos and Stranded Tourists After Mexicana Shutdown (Aug-30, 21:25 EDT )-- Tour operators said that they were confident they could reschedule flights, but many customers feared they would not get promised refunds.


Intel to Buy A Wireless Division Of Infineon (Aug-30, 21:23 EDT )-- The deal would give Intel a foothold in the smartphone chip market, a segment of the wireless business that is experiencing strong growth.


New York Rebounds From Slump, Unevenly (Aug-30, 21:20 EDT )-- The city has weathered the recession better than was feared, but the view is often bleaker outside Manhattan.


Doctors Seek Way to Treat Muscle Loss (Aug-30, 21:11 EDT )-- Why muscles wither is captivating more scientists and drug and food companies, let alone aging baby boomers.


Japan Plans New Steps to Curb Yen (Aug-30, 21:11 EDT )-- Analysts said that the new stimulus steps announced by the prime minister and the further easing of monetary policy were too timid.


Dealbook Column: Why Wall St. Is Deserting Obama (Aug-30, 21:10 EDT )-- A letter from a hedge fund manager to his investors about Washington’s policies stirs up controversy on a sensitive topic among the moneyed elite.


In India, BlackBerry Gets 2-Month Reprieve on Threat of Ban (Aug-30, 20:40 EDT )-- The government said it would study and test a proposal by the BlackBerry maker for two months as it tried to settle a dispute over corporate e-mail.


Companies Race to Develop Drugs to Reduce Blood-Clotting Problems (Aug-30, 20:40 EDT )-- The drugs are aimed at people who have a higher than normal risk for clotting or stroke, like patients undergoing hip replacement surgery or those with an irregular heartbeat.


Genzyme Rejects Bid From Sanofi As Too Low (Aug-30, 20:40 EDT )-- The biotechnology company said the offer of $69 a share, disclosed on Sunday, undervalued the company.


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16 Alerts from Alertpedia

RSS Feed Alerts

E.P.A. Develops New-Car Grading System (Aug-30, 15:38 EDT )-- A proposed new auto window sticker assigns cars and trucks a prominent letter grade.


Markets Start Week With a Decline (Aug-30, 15:36 EDT )-- Traders cautiously began a week that will culminate Friday with Washington’s report on the August job market.


Airgas Rolls the Dice in Proxy Fight (Aug-30, 15:30 EDT )-- Airgas has made a smart tactical move in its battle with Air Products. Or maybe it is a desperate gambit. The Deal Professor explains.


Burkle: No Plan to Take Control of Chain (Aug-30, 15:22 EDT )-- Ronald W. Burkle has responded in a sharply worded letter to Barnes & Noble's criticism of his investing record and his slate of candidates for the company's board.


Dead Soldiers' Parents Sue Insurer Over Benefits (Aug-30, 15:20 EDT )-- The lawsuit was filed in July in U.S. District Court in Springfield, Mass. It accuses Prudential of profiting from the dead soldiers' policies with bookkeeping maneuvers and misrepresenting the way the beneficiaries could collect lump-sum payouts.


BlackBerry Gets a 2-Month Reprieve in India (Aug-30, 15:14 EDT )-- The government said it would study and test a proposal by the BlackBerry maker for two months as it tried to settle a dispute over corporate e-mail.


Japan Offers a Plan to Invigorate Its Economy (Aug-30, 15:07 EDT )-- Analysts said that the new stimulus steps announced by the prime minister and the further easing of monetary policy were too timid.


Where States Get Their Money (Aug-30, 14:59 EDT )-- The Tax Foundation recently broken down some new state and local tax data from the Census Bureau, and found some stark variations in where states get their tax revenue from.


Itineraries: Taking the Kids (and the Briefcase) on the Road (Aug-30, 14:40 EDT )-- Turning a business trip into a family vacation requires opportunism and a sense of planning.


10 Investment Mistakes to Avoid (Aug-30, 14:37 EDT )-- Jerry Miccolis, co-author of “Asset Allocation For Dummies” and chief investment officer of the wealth advisory firm Brinton Eaton, on 10 investment mistakes to avoid.


New York Rebounds From Slump, but Unevenly (Aug-30, 14:21 EDT )-- New York City has weathered the recession far better than was feared during the financial crisis, but outside of Manhattan the view is often bleaker.


Not on His Watch, USA Today Founder Says (Aug-30, 13:26 EDT )-- A letter Allen H. Neuharth, the former Gannett executive who founded USA Today nearly 30 years ago, wrote to the people now in charge of his beloved paper, has some sharp words.


China to Job-Seeking C.E.O.’s: Come Work for China (Aug-30, 11:30 EDT )-- China’s government ran an enormous help-wanted advertisement on Monday seeking professional managers for some of its biggest state-controlled companies.


National Review: No One Fix For Social Security (Aug-30, 08:46 EDT )-- Andrew G. Biggs of National Review argues, when it comes to Social Security, it's too politically risky to revive the Bush-era idea of personal accounts. A solution will come from a mix of government intervention and personal initiative.


HP To Buy Back $10 Billion In Shares (Aug-30, 08:14 EDT )-- Hewlett-Packard Co. said its board has authorized the repurchase of $10 billion in shares. The announcement comes as the personal computer maker is involved in a bidding contest with rival Dell Inc. for the data storage company 3Par Inc.


Foreign Policy: The Mobile Banking Revolution (Aug-30, 07:01 EDT )-- As recently as two years ago, mobile banking in the developing world was an object of skepticism among financial insiders. Jamie Zimmerman and Jamie Holmes of Foreign Policy explain why cell phones will do more for the developing world than laptops...


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20 Alerts from Alertpedia

RSS Feed Alerts

The Post-Crisis Decade: More Ugliness To Come (Aug-30, 09:42 EDT )-- Financial crises are followed by 10 years of high unemployment and low home prices, according to a new study.


Japan Offers a Plan to Kick-Start Its Economy (Aug-30, 09:24 EDT )-- Analysts said that the new stimulus steps and the further easing of monetary policy were too timid.


Genzyme Rejects $18.5 Billion Offer by Sanofi (Aug-30, 09:15 EDT )-- The biotechnology company said the offer of $69 a share, disclosed on Sunday, undervalued the company.


Indexes on Wall Street Start the Week Lower (Aug-30, 09:01 EDT )-- Traders cautiously began a week that will culminate Friday with Washington’s report on the August job market.


With Neighbors Unaware, Toxic Spill at a BP Plant (Aug-30, 08:40 EDT )-- Many residents of Texas City, Tex., said they developed respiratory ailments during the leak, which lasted for nearly six weeks after a piece of critical equipment malfunctioned.


Getting Started: The Chicken-and-Egg Question (Aug-30, 08:04 EDT )-- Fran Gunsaulis wants to secure a large contract for Oh Baby Foods, but how can she do that without proving she can fulfill it?


Consumer Spending Pace Quickens In July (Aug-30, 07:40 EDT )-- Spending rose 0.4 percent after three lackluster months, helped by a jump in demand for autos. Personal incomes were up 0.2 percent last month, less than expected but at least an improvement over June when incomes had not risen at all.


Technology Aside, Most People Still Decline to Be Located (Aug-30, 06:50 EDT )-- Mostly the young are interested in letting others know their physical location. Others are reticent for safety reasons, or against providing too much information.


Intel to Buy Infineon Wireless Unit for $1.4 Billion (Aug-30, 06:50 EDT )-- Intel’s announcement on Monday came less than two weeks after saying that it would acquire McAfee.


Nannies Under the Table (Aug-30, 06:42 EDT )-- Other states should follow New York’s lead and assure that household workers have basic legal protections, an economist writes.


Bernanke Manages Expectations for Fed Role (Aug-30, 05:46 EDT )-- The Fed chairman, Ben S. Bernanke, has made it clear that the Fed cannot simply conjure up a recovery.


Retargeting Ads Follow Surfers to Other Sites (Aug-30, 03:27 EDT )-- Ads tailored to online shoppers based on the products they have perused are leaving consumers with an eerie feeling.


Platinum Is So Passé. In iTunes Era, the Singles Count. (Aug-30, 03:10 EDT )-- The Billboard 200 chart is facing new competition in an era when artists can be a hit even if their albums aren’t.


Obama Promises to Stand By Gulf Coast (Aug-30, 03:00 EDT )-- President Obama was in New Orleans Sunday to mark the fifth anniversary of Hurricane Katrina. The trip focused on the city's struggles and triumphs since the storm and devastating flooding left much of it under water. And the president told residents...


Intel To Buy Infineon's Wireless Operations (Aug-30, 03:00 EDT )-- Computer chipmaker Intel is paying nearly $1.5 billion for part of German company Infineon. The division Intel is buying specializes in wireless technology. Intel's CEO said more and more devices were connecting to the Internet, so wireless...


Cuba Eases Property Laws (Aug-30, 03:00 EDT )-- The government of the Communist nation of Cuba changed its property law last week. Foreign investors may use state-owned land for 99 years. The change was apparently at the suggestion of foreign developers. Some are talking with the government about...


Markets 'Worry' Economy Is Running Out Of Steam (Aug-30, 03:00 EDT )-- Financial markets have been jumpy all year -- especially so in the last few weeks because of all the gloomy news about the economy. David Wessel of The Wall Street Journal talks to Renee Montagne about the recent activity in the financial markets, and...


Advertising: For ‘Hawaii Five-0,’ a Music-Filled Push From CBS (Aug-30, 02:50 EDT )-- The network is putting significant resources behind the revived show, and a campaign is featuring the well-known theme song prominently.


University Attendance Scanners Make Some Uneasy (Aug-29, 23:01 EDT )-- Northern Arizona University has installed electronic devices that record student attendance in an effort to boost freshmen grades and lift lagging graduation rates. But some students say the monitoring makes them feel less independent.


BP Assures Governors It Will Restore The Gulf (Aug-29, 23:00 EDT )-- The Southern Governors' Association wraps up its annual conference in Birmingham, Ala., Monday. State officials at Sunday's meeting heard from BP CEO Bob Dudley, claims czar Kenneth Feinberg and Thad Allen, the government's point person on the oil...


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Obama says economy not growing fast enough (Reuters) (Aug-29, 20:58 EDT )-- Reuters - President Barack Obama said on Sunday the U.S. economy was expanding, but not quickly enough, and there was no "magic bullet" that will fix its problems.


BOJ seen easing policy to fight yen's rise (Reuters) (Aug-29, 20:13 EDT )-- Reuters - The Bank of Japan began an emergency meeting on Monday to ease monetary policy, bowing to strong government pressure to try to curb a rise in the yen that is threatening a fragile economic recovery.


Obama says no magic bullet for struggling economy (Reuters) (Aug-29, 17:54 EDT )-- Reuters - President Barack Obama said on Sunday there was no magic bullet for what ails the struggling U.S. economy but urged steps such as passage of his small-business lending proposal.


Las Vegas logs 5 murder-suicides since Aug. 7 (AP) (Aug-29, 17:12 EDT )-- AP - Police say murder-suicides are on the rise in the Las Vegas area because of a bad economy.


Jobs data to show severity of malaise (Reuters) (Aug-29, 14:01 EDT )-- Reuters - The patient clearly looks ill, but is there at least a steady pulse?


Analysis: Bernanke soothes hawks with nod to stimulus risk (Reuters) (Aug-29, 11:28 EDT )-- Reuters - Federal Reserve Chairman Ben Bernanke has smoothed the ruffled feathers of anti-inflation hawks at the Fed by indicating he will only press for more policy easing if the U.S. economic slowdown worsens.


No decision on reviving homebuyer credit: Donovan (Reuters) (Aug-29, 09:38 EDT )-- Reuters - The Obama administration has not decided whether it should resurrect a popular tax credit for first-time homebuyers, Housing and Urban Development Secretary Shaun Donovan said on Sunday.


Bank of Japan likely to meet on Monday to ease policy (Reuters) (Aug-29, 09:13 EDT )-- Reuters - The Bank of Japan is likely to hold an emergency meeting on Monday to ease monetary policy after Governor Masaaki Shirakawa returned to Tokyo from a trip to the United States earlier than expected.


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China Fortifies State Businesses to Fuel Growth (Aug-29, 21:27 EDT )-- While China owes its rapid growth to private business, it is often the state’s companies that are on the march, in part because of state-bank financing and stimulus spending.


Intel Is Close to Acquisition of Infineon Wireless Unit (Aug-29, 21:23 EDT )-- A deal would give Intel a foothold in the market for smartphone chips, a segment that is experiencing double-digit annual growth.


Risk-Taking Rises as Oil Rigs in Gulf Drill Deeper (Aug-29, 21:20 EDT )-- As regulators investigate the causes of the Deepwater Horizon disaster, the broader dangers posed by the oil industry’s push into deeper waters have gone largely unscrutinized.


Bernanke Tries to Manage Expectations of Fed Role (Aug-29, 21:09 EDT )-- The Fed chairman, Ben S. Bernanke, has made it clear that the Fed cannot simply conjure up a recovery.


Iran Shifts Assets Out of Europe Banks (Aug-29, 20:47 EDT )-- The governor of Iran’s central bank, Mahmoud Bahmani, did not specify the amount or date of the transfers.


Time Warner Cable and Disney Are Near a Deal on Fees (Aug-29, 19:16 EDT )-- The two companies withdrew attack ads aimed at each other. They have been negotiating a new distribution contract for Disney-owned channels like ESPN.


Green Column: Cap-and-Trade Is Beginning to Raise Some Concerns (Aug-29, 16:10 EDT )-- Opponents of offsetting have likened the system to the kind of financial engineering on Wall Street that helped precipitate the recent banking crisis.


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Sanofi Reveals $18.5 Billion Offer for Genzyme (Aug-29, 15:45 EDT )-- Sanofi-Aventis, the French drug maker, publicly disclosed its $18.5 billion bid for the American biotechnology firm Genzyme.


Entrepreneurs Fuel Post-Katrina Business Boom (Aug-29, 14:27 EDT )-- Oil and gas fuel the engines of employment and industry in New Orleans, but one legacy of Katrina may change that -- a surprising surge in entrepreneurs. The latest numbers show that 450 out of every 100,000 New Orleans adults have started a business...


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Policy Options Dwindle as Economic Fears Grow (Aug-29, 09:00 EDT )-- It increasingly seems as if the policy makers attending like physicians to the American economy are peering into their medical kits and coming up empty.


Back To School Not Such A Retail Boost This Year (Aug-29, 07:00 EDT )-- Parents of school-aged children have been in a discount state of mind this summer. Back-to-school shopping usually means stocking up on supplies and new clothes. However, with consumer confidence at its lowest levels since February, families haven't...


Americans Pay The Price Of Getting Things 'Cheap' (Aug-29, 07:00 EDT )-- In the days since the Industrial Revolution, Americans have put a premium on convenience and low prices. But this obsession with low prices has its consequences. At times, durability, craftsmanship and even social responsibility are sacrificed. Host...


That's No Rest Stop, It's A 'Travel Plaza' (Aug-29, 00:48 EDT )-- The Delaware Travel Plaza was never so classy. It just reopened, and now the 42,000-square-foot roadside stopover may just be worth an extended stay.


Flipper Cash Propping Up Housing Market (Aug-28, 23:30 EDT )-- At a time when the housing market is so anemic that it threatens to send the economy back into a recession, cash buyers are a reminder that there are still people who make money investing in real estate.


Corner Office: Kasper Rorsted: No Need to Hit the ‘Send’ Key. Just Talk to Me. (Aug-28, 22:00 EDT )-- Kasper Rorsted, C.E.O. of Henkel, the consumer and industrial products company, says that using e-mail “does not replace presence.”


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New employee's vacation request will only be a bigger bombshell if she waits (Aug-28, 23:00 EDT )-- I recently accepted a position at a company and have been working here for two weeks. I was unemployed a long time and really love this job. However, I am having an issue over the allotted vacation time. The company only grants two weeks vacation each...


USAJobs a good Web source for job hunters, but not all openings are listed (Aug-28, 23:00 EDT )-- Derrick T. Dortch, president of the Diversa Group, is a career counselor who specializes in government job searches and military transition. This is adapted from a recent chat at washingtonpost.com. Employment - United States - USAJOBS - Business...


Social Security payback option may disappear (Aug-28, 23:00 EDT )-- A little-known strategy that allows Social Security recipients to boost their income by repaying benefits received in earlier years and then claiming a bigger monthly check based on their greater age may soon disappear. The Social Security...


The Color of Money: It's unfair to call Social Security a Ponzi scheme (Aug-28, 23:00 EDT )-- Perhaps nothing gets some people madder than if you trash their mama or dare to talk about Social Security. Ponzi scheme - Social Security - United States - Politics - Privatization


New rules for your money (Aug-28, 23:00 EDT )-- In this era of high unemployment, flat home prices and do-it-yourself retirement savings, some traditional rules of saving and investing are due for an overhaul. Games - Card Games - Home - Personal Finance - Money Management


Back-to-school shopping goes mobile (Aug-28, 23:00 EDT )-- Back-to-school shopping deals are just a text message away this year as retailers wade into the brave new world of mobile commerce. Business and Economy - Telecommunications - Mobile phone - Mobile - Communications


Featured Advertiser (Aug-28, 23:00 EDT )


EU prods China for faster yuan rise: G20 draft (Reuters) (Aug-28, 15:13 EDT )-- Reuters - This story does not carry a dateline to protect the identity and location of a source. (Reuters) - The European Union thinks China has made only limited progress in allowing its yuan currency to move more rapidly, and swifter action would...


China tells Japan wage demands "understandable" (Reuters) (Aug-28, 12:17 EDT )-- Reuters - China says it is understandable for its workers to demand higher wages after foregoing pay increases during the worst of the economic crisis, a Japanese official said after talks with Chinese counterparts.


US-ASEAN economic ties 'priority' despite no-show (AFP) (Aug-28, 11:04 EDT )-- AFP - Economic ties between the United States and Southeast Asia are "a high priority", an embassy spokesman said Saturday despite the absence of US officials from a key regional trade meeting.


Wall Street awaits US jobs report (AFP) (Aug-28, 11:00 EDT )-- AFP - Wall Street may be in for another rocky week, as traders brace for negative data topped by an expected rise in the US unemployment rate that could dampen economic recovery prospects.


Fiscal "alchemy" must mimic monetary science (Reuters) (Aug-28, 10:19 EDT )-- Reuters - Tax and budget policies need the same regularity and independence as monetary policy if countries around the world are to cope with looming stresses from pension programs, world central bankers were told at a Federal Reserve conference on...


Japan's Noda says ready to use all measures on yen (Reuters) (Aug-28, 09:45 EDT )-- Reuters - Japanese Finance Minister Yoshihiko Noda said on Saturday he was ready to employ "all possible measures" to tackle the soaring yen, which was having a big impact on the country's export-led economy.


Japan's Noda wants to see steady efforts on yuan reform (Reuters) (Aug-28, 08:56 EDT )-- Reuters - Japanese Finance Minister Yoshihiko Noda said on Saturday he told Chinese officials that Tokyo wants to see further efforts to make the yuan more flexible.


US Fed chief vows aggressive steps as recovery slows (AFP) (Aug-28, 03:29 EDT )-- AFP - The US Federal Reserve chief has vowed to take aggressive steps to boost the US economy as the world's largest economy's pace of growth slowed rapidly in the second quarter.


US-ASEAN economic ties 'priority' despite no-show (AFP) (Aug-28, 01:33 EDT )-- AFP - Economic ties between the United States and Southeast Asia are "a high priority", an embassy spokesman said Saturday despite the absence of US officials from a key regional trade meeting.


Bernanke speech shows effort to find Fed consensus (AP) (Aug-27, 23:00 EDT )-- AP - Ben Bernanke is struggling to build consensus among Federal Reserve officials about what steps are needed — if any — to give the economy a boost.


HP outbids Dell for 3Par with $1.88 billion offer (Aug-27, 22:49 EDT )-- SEATTLE - Hewlett-Packard boosted its bid for 3Par to $1.88 billion Friday, topping Dell's offer by 11 percent and again raising the stakes in the bidding contest for the data-storage company. Hewlett-Packard - Dell - HP - HP 3000 - Unix


Microsoft co-founder Allen sues Apple, Google, other tech giants over patents (Aug-27, 22:15 EDT )-- Microsoft co-founder Paul Allen lobbed a patent violation lawsuit at some of Silicon Valley's most prominent companies on Friday, accusing them of using ideas hatched at one of his former businesses. Google - Microsoft - Apple - Paul Allen -...


Bernanke says Fed to act if needed (Reuters) (Aug-27, 22:12 EDT )-- Reuters - U.S. Federal Reserve Chairman Ben Bernanke said on Friday the economic recovery has weakened more than expected and the Fed stands ready to act if needed to spur slowing growth.


U.S. stocks rebound on better GDP report, Fed comments (Aug-27, 22:03 EDT )-- U.S. stocks jumped Friday, recovering some of the week's losses, as investors were encouraged by better-than-expected news about economic growth and a renewed commitment from the Federal Reserve to intervene should the economy take a turn for the worse...


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What Can Be Done to Cure the Ailing Economy? (Aug-28, 21:09 EDT )-- It increasingly seems as if the policy makers attending like physicians to the American economy are peering into their medical kits and coming up empty.


Can Porsche Shine at Volkswagen? (Aug-28, 21:03 EDT )-- Volkswagen is poised to buy Porsche, a move that some people say could threaten the smaller carmaker’s high-end individuality.


Hey, Big Spender: Hollywood Isn’t in the Mood (Aug-28, 21:00 EDT )-- How does Joel Silver, the producer behind “Die Hard” and “The Matrix,” adapt to a movie industry that is cutting costs?


The Boss: Determined to Learn (Aug-28, 19:32 EDT )-- Massy Mehdipour’s career has taken her from Iran to Canada to Silicon Valley, where she leads the software company Skire Inc.


Career Couch: How to Match Companies and Causes (Aug-28, 19:25 EDT )-- Businesses often create charitable programs that try to make the best use of employees’ skills.


Mortgages: Rethinking Adjustable-Rate Mortgages (Aug-28, 19:20 EDT )-- With the economy still weak, borrowers may want to hold onto their adjustable-rate mortgages a little longer.


Square Feet | The 30-Minute Interview: Dorothy Herman (Aug-28, 19:20 EDT )-- Ms. Herman, who is known as Dottie, is the president and chief executive of Prudential Douglas Elliman Real Estate, a residential brokerage firm.


Letters: Battling Unhealthy Diets (Aug-28, 19:14 EDT )-- As an adult, I should be able to determine my own dietary needs, thank you very much.


Letters: A Pain for Savers (Aug-28, 19:13 EDT )-- The Fed’s policy is allowing banks to simultaneously slash interest rates for savers, infuriating millions who watch helplessly as this stealth tax eats away at the core of our hard-won security.


Letters: Every Crisis Is Different (Aug-28, 19:11 EDT )-- Every crisis is different. And no communications strategy is universal.


Economic View: The Case for Reviving Revenue Sharing (Aug-28, 19:03 EDT )-- General revenue sharing of the ’70s and ’80s let national taxes be spent locally. The program could provide a template for lowering today’s unemployment rate.


Fair Game: It’s Not Over Until It’s in the Rules (Aug-28, 19:00 EDT )-- During the rules-writing process for the financial overhaul, regulators will have to withstand pressure from big banks that want to keep control over the derivatives market.


Novelties: Warning to Birds: All-Glass Buildings Ahead (Aug-28, 18:41 EDT )-- A new kind of glass has a patterned coating that’s visible to approaching birds. But the pattern is faint or imperceptible to people.


Ping: Neighborly Borrowing, Over the Online Fence (Aug-28, 18:25 EDT )-- Online start-ups are allowing people to rent out their belongings locally, for a small fee.


Microsoft Co-Founder Sues Major Tech Companies (Aug-28, 14:00 EDT )-- Microsoft co-founder Paul Allen is reaching back in time to file a lawsuit against some of the best-known technology companies of today. Allen contends that Google, Apple, Facebook and Yahoo all breached patents owned by one of his former start-ups.


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In Hard Times, One New Bank (Double-Wide) (Aug-28, 14:20 EDT )-- The only new start-up bank to open in the United States this year operates out of a secondhand double-wide trailer, on a bare lot in Lake Charles, La.


Bankers Told Recovery May Be Slow (Aug-28, 14:00 EDT )-- An authority on the history of financial crises points to a pattern of slow growth after “large destabilizing events” like the 2007 collapse of the housing market.


Are You Plunking Down Real Money For Virtual Fun? (Aug-28, 13:57 EDT )-- If you're hanging out on Facebook, chances are good you're probably playing a game. When you shell out $30 to get a virtual dog out of a pound that doesn't really exist, who's the real winner?


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How Losing Is A Profitable Game In Baseball (Aug-28, 09:34 EDT )-- You'd think times would be pretty tough for the last-place Pittsburgh Pirates, but the worst team in baseball has figured out a winning strategy for making money.


Adding Taxes, Shedding Secrecy (Aug-28, 07:40 EDT )-- Andorra has relied on banking secrecy, tourism and duty-free trade. But lately, those engines of growth have begun to backfire, forcing the small European country to find new sources of revenue.


Fed Offers Higher Ground In Economic Mudslide (Aug-28, 07:00 EDT )-- It's not a good sign when lower economic growth figures count as good news because Wall Street was expecting them to be even worse. But markets took encouragement Friday from Federal Reserve Board Chair Ben Bernanke's pledge of support if the recovery...


A Swing To The Other Extreme Strangles Housing (Aug-28, 07:00 EDT )-- Another sign of the weak economy came earlier this week when figures were released showing that sales of existing homes were down 27 percent in July. It's the result of a collision of factors that have all but ground the housing market to a halt. Host...


Stocks and Bonds: A Sell-Off of Bonds Despite Assurances From Bernanke (Aug-28, 01:35 EDT )-- Shares rose after the latest revision in the second-quarter growth came in slightly better than expected, but the market still posted a losing week.


Paying A Local Price For I-95's Global Promise (Aug-28, 00:32 EDT )-- Interstates changed the way we think about cities. The highways helped create the suburbs, the megalopolis and the 90-minute commute.  In return, Interstate 95 demanded sacrifices that changed some communities forever.


United-Continental Merger Clears Federal Hurdle (Aug-27, 23:40 EDT )-- With a Justice Department review finished, the airlines expect to complete their $3 billion merger within weeks.


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In down economy, owning a vacation home may be more business than pleasure (Aug-27, 23:00 EDT )-- Tina Lambert and her husband wanted an investment that would help them pay for their kids' college tuition someday. When he insisted on paying $49,000 for a condominium in Ocean City in 1997, she worried. But by the middle of this decade, when housing...


US Fed chief vows tough steps as recovery slows (AFP) (Aug-27, 20:42 EDT )-- AFP - The Federal Reserve chief has vowed to take aggressive steps to boost the US economy if the outlook worsened, as the world's largest economy's pace of growth slowed rapidly in the second quarter.


California lawmakers to vote on budget plans (Reuters) (Aug-27, 19:19 EDT )-- Reuters - California lawmakers will vote on rival plans for closing a $19 billion deficit and balancing the state's budget on Tuesday, the last day of their legislative session, aides said on Friday.


Recovery Slowing, Fed Ready To Help: Chairman Bernanke (Investor's Business Daily) (Aug-27, 18:52 EDT )-- Investor's Business Daily - Federal Reserve Chairman Ben Bernanke signaled more willingness Friday to take bold action to try to bolster the recovery as the government slashed its estimate for Q2 economic growth.


Economy edges closer to stalling, government says (AP) (Aug-27, 17:57 EDT )-- AP - WASHINGTON — The economy turns out to be weaker than we thought, and the outlook for the rest of the year is now looking dimmer.


Bernanke says Fed to act if needed (Reuters) (Aug-27, 17:40 EDT )-- Reuters - U.S. Federal Reserve Chairman Ben Bernanke said on Friday the economic recovery has weakened more than expected and the Fed stands ready to act if needed to spur slowing growth.


Summary Box: Bernanke seeks to build consensus (AP) (Aug-27, 17:27 EDT )-- AP - TOUGH JOB: Ben Bernanke is struggling to build consensus among Federal Reserve officials about what steps are needed — if any — to give the economy a boost.


Business Highlights (AP) (Aug-27, 16:51 EDT )-- AP - Economy edges closer to stalling, government says


Bernanke speech shows effort to find Fed consensus (AP) (Aug-27, 16:24 EDT )-- AP - Ben Bernanke is struggling to build consensus among Federal Reserve officials about what steps are needed — if any — to give the economy a boost.


Obama economic advisory board OKs tax report (AP) (Aug-27, 15:40 EDT )-- AP - Any attempts to simplify the complicated U.S. tax code will produce lower taxes for some people and higher payments for others, including some of the middle-class families President Barack Obama has promised to shield from tax increases, a new...


Summary Box: Commodities mostly higher (AP) (Aug-27, 15:00 EDT )-- AP - GOLD PLAY: Gold prices settled up just 20 cents at $1,237.90 Friday after hitting $1,244.20 an ounce earlier in the day due to developing economic news. Many traders are trying to determine if the economic environment is favoring risk or if safe...


Commodities prices mixed on economic growth news (AP) (Aug-27, 14:59 EDT )-- AP - Commodities prices were mixed Friday after a new report showed second-quarter economic growth was slower but not as slow as had been anticipated.


Summary Box: Japan's jobless rate falls (AP) (Aug-27, 14:55 EDT )-- AP - MIXED BAG: Japan's government released mixed economic data, providing little to inspire confidence in the country's fragile recovery.


Dollar zigzags as Bernanke says Fed could do more (AP) (Aug-27, 14:53 EDT )-- AP - The dollar zigzagged Friday after Federal Reserve Chairman Ben Bernanke laid out steps the central bank would consider to bolster a weakening economy.


Imports stifle 2nd-quarter growth (Reuters) (Aug-27, 14:43 EDT )-- Reuters - Economic growth was revised down to a sluggish 1.6 percent annual rate in the second quarter, pointing to an even softer performance in the third quarter.


Summary Box: British 2Q economic growth revised up (AP) (Aug-27, 14:35 EDT )-- AP - CONSTRUCTION BOOSTS GROWTH: Britain's economy grew by 1.2 percent during the second quarter, faster than the earlier estimate of 1.1 percent, thanks to a sharp rise in construction.


SPIN METER: What Biden didn't mention on stimulus (AP) (Aug-27, 14:20 EDT )-- AP - Vice President Joe Biden said this week that the Obama administration "hit the accelerator" toward spending $5 billion under the economic stimulus law to weatherize people's homes, create thousands of jobs, help consumers save money and put the...


Vacationing Obama can't escape economy (AP) (Aug-27, 14:08 EDT )-- AP - President Barack Obama biked and golfed under a brilliant New England sun Friday, yet he couldn't escape the cascade of dour news on the economy as his vacation neared its end.


Obama taps Bloomberg for views on economy during holiday golf (Reuters) (Aug-27, 13:56 EDT )-- Reuters - President Barack Obama, anxious to show he is still focused on the battered economy despite being on vacation, took time out of his golf game on Friday to chat about the growth situation with New York Mayor Michael Bloomberg before they hit...


Volcker-led economic panel assesses U.S. tax reform ideas (Aug-27, 13:49 EDT )-- A panel of White House economic advisers headed by former Federal Reserve chairman Paul Volcker issued its long-awaited report on tax reform Friday, submitting to President Obama 126 pages of options for improving enforcement, lowering the corporate...


Economy giving U.S. women pause about motherhood? (Reuters) (Aug-27, 13:46 EDT )-- Reuters - U.S. birth rates in 2009 declined for the second straight year, a sign the economy may be causing some women to think twice about having children, U.S. health officials said on Friday.


US Fed eyes aggressive steps as recovery slows (AFP) (Aug-27, 13:43 EDT )-- AFP - The Federal Reserve will aggressively boost US economic expansion if the outlook worsened, central bank chief Ben Bernanke said Friday, as the government slashed the second quarter growth pace.


Bernanke says recovery softer, Fed to act if needed (Reuters) (Aug-27, 13:16 EDT )-- Reuters - Federal Reserve Chairman Ben Bernanke said on Friday the economic recovery has weakened more than expected and the Fed stands ready to act if needed to spur slowing growth.


White House sees 'positive' GDP figure, says more needed (AFP) (Aug-27, 13:08 EDT )-- AFP - The White House said Friday the latest US economic growth data represented "positive news" but that the lowered estimates mean more work is needed to keep the recovery on track.


Cheaper Reverse Mortgages May Be Coming (U.S. News & World Report) (Aug-27, 13:05 EDT )-- U.S. News & World Report - The Federal Housing Administration (FHA) is developing a new reverse mortgage product that sharply cuts up-front payments by home owners but also significantly reduces the percentage of a home's equity that can be paid to...


Business events scheduled for the coming week (AP) (Aug-27, 13:01 EDT )-- AP - WASHINGTON — Commerce Department releases personal income and spending for July, 8:30 a.m.


Business events scheduled for the coming month (AP) (Aug-27, 13:01 EDT )-- AP - WASHINGTON — Commerce Department releases personal income and spending for July, 8:30 a.m.


Bernanke: New Fed action only if economy worsens (Aug-27, 12:38 EDT )-- JACKSON HOLE, WYO. - The Federal Reserve will take new action to bolster the economy only if conditions worsen further, Chairman Ben S. Bernanke said Friday, adding that he expects a continued economic recovery. Federal Reserve System - Ben...


Bernanke: Fed will take action if economy falters (AP) (Aug-27, 09:44 EDT )-- AP - Federal Reserve Chairman Ben Bernanke said Friday that the Fed will consider making another large-scale purchase of securities if the slowing economy were to deteriorate significantly and signs of deflation were to flare.


Economic growth slows to 1.6 pct. in the spring (AP) (Aug-27, 09:40 EDT )-- AP - The economy grew at a much slower pace this spring than previously estimated, mostly due to the largest surge in imports in 26 years and a slowdown in companies' restocking of goods,


US Fed eyes aggressive steps if recovery fades (AFP) (Aug-27, 09:40 EDT )


Bernanke: Recovery 'less vigorous' than expected but on track (Aug-27, 09:27 EDT )-- JACKSON HOLE, Wyo. -- Federal Reserve Chairman Ben S. Bernanke acknowledged in a much-awaited speech Friday that the pace of economic growth "recently appears somewhat less vigorous" than expected, but said that the economy is on track to continue...


Bernanke: Recovery 'less vigorous' than expected but on track (Aug-27, 09:17 EDT )-- JACKSON HOLE, Wyo. -- Federal Reserve Chairman Ben S. Bernanke acknowledged in a much-awaited speech Friday that the pace of economic growth "recently appears somewhat less vigorous" than expected, but said that the economy is on track to continue...


Warren Buffett Kills the World's Greatest Investment Meeting (The Motley Fool) (Aug-27, 09:15 EDT )-- The Motley Fool - For years, Charlie Munger, Berkshire Hathaway's (NYSE: BRK-A - News; BRK-B) octogenarian co-chairman, has said that Berkshire would one day buy the remaining 20% of Wesco Financial (NYSE: WFC - News) it didn't already own.


Bernanke says recovery softer, Fed prepared to buy more (Reuters) (Aug-27, 09:13 EDT )-- Reuters - Federal Reserve Chairman Ben Bernanke said on Friday the economic recovery has softened more than expected and the Fed is ready to take further steps if needed to spur the stumbling economy.


Flow of imports drags down economic growth (Aug-27, 09:12 EDT )-- The Commerce Department slashed its estimate for U.S. GDP growth in the second quarter from a 2.4 percent annual rate to 1.6 percent, confirming fears that economic growth has slowed to a crawl. Business - Economic - Instrumentation - Electronics...


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(AP) (Aug-27, 09:04 EDT )-- AP - Intel warns third-quarter revenue will fall below its earlier forecast due to weak PC demand


Consumer sentiment dips in late August: survey (Reuters) (Aug-27, 08:58 EDT )-- Reuters - U.S. consumer sentiment pulled back in late August from earlier in the month but still improved from late July in the face of dismal labor and housing conditions, a private survey released on Friday showed.


US slashes second quarter growth as recovery slips (AFP) (Aug-27, 08:50 EDT )-- AFP - The US government on Friday slashed second quarter growth in the world's largest economy to a pace of 1.6 percent, signalling a more pronounced slowdown in the recovery from recession.


Fed's Bullard says economy slow, to recover in 2011 (Reuters) (Aug-27, 08:49 EDT )-- Reuters - The U.S. economy hit a soft patch in the second quarter but is not likely to fall back into recession and will pick up speed in the first half of 2011, St. Louis Federal Reserve President James Bullard said on Friday.


Imports drag second-quarter growth lower (Reuters) (Aug-27, 08:48 EDT )-- Reuters - Economic growth was revised down to a sluggish 1.6 percent annual rate in the second quarter, dampened by the largest increase in imports in 26 years, the government said on Friday.


Instant View: Q2 GDP growth revised down to 1.6 percent (Reuters) (Aug-27, 08:11 EDT )-- Reuters - U.S. economic growth slowed more sharply than initially thought in the second quarter, held back by the largest increase in imports in 26 years.


Oil prices rise before US growth data (AFP) (Aug-27, 07:12 EDT )-- AFP - World oil prices rose on Friday as the market awaited key growth data that was expected to reveal a sharp economic slowdown in the United States, the world's biggest consumer of energy.


European stocks drop ahead of US data (AFP) (Aug-27, 06:05 EDT )-- AFP - Europe's main stock markets fell on Friday as investors digested robust British growth data and awaited output figures from the United States amid fears of a double-dip recession.


Dollar rises before US growth data (AFP) (Aug-27, 05:49 EDT )-- AFP - The dollar rose against the euro and yen on Friday as the market awaited data expected to reveal a sharp slowdown in the US economy.


AIG decides against strategic investor for AIA: source (Reuters) (Aug-27, 05:40 EDT )-- Reuters - American International Group Inc has scrapped plans to sell a strategic stake in its Asian life insurance business, AIA, ahead of its initial public offering, a source familiar with the process said on Friday.


AP ENTERPRISE: Oil cleanup both bonanza and bust (AP) (Aug-27, 05:32 EDT )-- AP - The Gulf oil spill is a bonanza for some and a bust for others.


Japan's jobless rate falls, but deflation persists (AP) (Aug-27, 05:28 EDT )-- AP - Japan's government released a mixed bag of economic indicators Friday that did little to inspire confidence in the country's fragile recovery.


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Andorra, Tiny Tax Haven, Tries a New Balancing Act (Aug-27, 21:37 EDT )-- A principality of 84,000 people that has thrived on financial secrecy will require companies to publish accounts this year, and has also proposed its first direct taxes.


Vacation Travel Recovers, but Frugality Is Focus (Aug-27, 21:24 EDT )-- With pent-up demand comes a new level of austerity as vacationers search for frugal ways to get away.


Fed Ready to Dig Deeper to Aid Growth, Chief Says (Aug-27, 21:24 EDT )-- Ben S. Bernanke signaled that the Fed was prepared to take several steps if the economy continued to weaken.


Paul Allen’s Company Files Broad Lawsuit Over Patents (Aug-27, 21:24 EDT )-- Interval Licensing is suing a cluster of defendants, including AOL, eBay, Facebook, Netflix, Office Depot, OfficeMax, Staples, Yahoo and YouTube.


USA Today to Remake Itself to Stress Digital Operations (Aug-27, 21:21 EDT )-- The changes would de-emphasize the print edition and increase efforts to reach more readers and advertisers through mobile devices.


Talking Business: Widespread Fear Freezes Housing Market (Aug-27, 21:20 EDT )-- Those dismal July housing figures were no blip, and signaled more bad news to come.


A Sell-Off of Bonds Despite Assurances From Bernanke (Aug-27, 21:20 EDT )-- Shares rose after the latest revision in the second-quarter growth came in slightly better than expected, but the market still posted a losing week.


U.S. Approves Merger of United and Continental (Aug-27, 21:10 EDT )-- The Justice Department approved the merger, lifting the biggest hurdle in creating the world’s biggest airline.


H.P. Raises Bid for 3Par Again, Topping Dell (Aug-27, 21:10 EDT )-- Hewlett-Packard made its latest offer, for $30 a share, just hours after Dell matched the $27 bid that H.P. made Thursday.


Engine Problem Delays Delivery of Boeing’s Dreamliner (Aug-27, 21:00 EDT )-- Boeing now expects delivery of the first 787 Dreamliner in the middle of the first quarter 2011, owing to a delay in engine availability.


Patient Money: High-Deductible Plans Grow, but Not Everyone Should Get on Board (Aug-27, 20:20 EDT )-- More workers are being urged to enroll in plans linked to health savings accounts. Some new rules, however, could be deterrents.


Wealth Matters: A Year to Give to Your Heirs, And Save on Taxes (Aug-27, 20:20 EDT )-- With all the focus on the estate tax, many people have not noticed that the gift tax, which this year stands at 35 percent, is at the lowest rate since the 1930s.


Justice Department OKs United-Continental Deal (Aug-27, 17:22 EDT )-- The department said it has no more antitrust concerns about the deal that would combine United and Continental into the world's largest airline. To win that approval, the airlines had to open the door to Southwest Airlines at Continental's hub in...


Government Takes Closer Look at Google's ITA Acquisition (Aug-27, 16:24 EDT )-- The Department of Justice has asked for more information to assess Google's acquisition of ITA Software.


Five Years On, New Orleans Musicians Still Struggling (Aug-27, 16:16 EDT )-- The State Of The N.O. Music Community In 2010: income is down; gigs are harder to come by; but life goes on.


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Continental and United Lease Slots at Newark to Southwest (Aug-27, 15:47 EDT )-- Leasing the take-off and landing rights to Southwest Airlines comes as Continental and United are seeking Justice Department approval of their merger.


Drought in Russia Ripples Beyond the Wheat Fields (Aug-27, 15:40 EDT )-- The drought “has been a watershed event for the industry,” one analyst said. Russia may need to import grain for the first time since 2004.


Don't Tell The Creative Department, But Software Can Produce Ads, Too (Aug-27, 15:28 EDT )-- BETC Euro RSCG has developed software that can produce elementary advertisements.


Paul Allen’s Interval Sues 11 Companies for Patent Infringement (Aug-27, 15:27 EDT )-- Interval Licensing is suing a cluster of defendants, including AOL, eBay, Facebook, Netflix, Office Depot, OfficeMax, Staples, Yahoo and Google’s YouTube.


Your Money: In Defense of Home Ownership (Aug-27, 15:23 EDT )-- Many home purchases could still end in grief financially, particularly in hard-hit areas. But most probably won’t.


Wall Street Ends Week on an Up Note (Aug-27, 15:20 EDT )-- Shares rose after the latest revision in the second-quarter growth came in slightly better than expected and on remarks from the Federal Reserve chairman.


USA Today Will Reorganize and Shed Jobs (Aug-27, 14:48 EDT )-- USA Today, embarking on the most extensive reorganization in its 28-year history, announced plans on Friday to shed 9 percent of its workforce and shift its emphasis to digital media operations.


Customers’ Favorite Credit Card Company (Aug-27, 14:41 EDT )-- American Express topped the J.D. Power and Associates' Credit Card Satisfaction Study for a fourth year in a row.


Japan’s Leader Says He’ll Move to Rein In Surging Yen (Aug-27, 14:40 EDT )-- Japan’s policy makers are struggling over ways to put a cap on the yen, which hit a 15-year high against the dollar this week.


Are Working Conditions Really Getting Less Dangerous for Hispanic Laborers? (Aug-27, 14:37 EDT )-- The gap in the fatality rate between Hispanic workers and the overall work force had apparently narrowed last year. But why?


Law Firm Smackdown (Aug-27, 14:20 EDT )-- Two prominent law firms that represented Ronald O. Perelman have been ordered to pay $1.96 million for engaging in what a judge called "frivolous litigation."


Wealth Matters: A Year to Give Gifts to Your Heirs, and Save on Taxes (Aug-27, 14:12 EDT )-- With all the focus on the estate tax, many people have not noticed that the gift tax, which this year stands at 35 percent, is at the lowest rate since the 1930s.


Adding Taxes, Shedding Secrecy (Aug-27, 14:06 EDT )-- Andorra has relied on banking secrecy, tourism and duty-free trade. But lately, those engines of growth have begun to backfire, forcing the small European country to find new sources of revenue.


Financial Data Of MLB Teams Leaked (Aug-27, 14:00 EDT )-- The leak of the financial documents of six Major League Baseball teams has given the public a rare glimpse of how the teams -- including some of the league's worst performing on the field -- manage to make money. Robert Siegel talks with sportswriter...


Fed Has Tools If Economy Weakens, Bernanke Says (Aug-27, 11:47 EDT )-- The U.S. economy grew even more slowly during the second quarter than the government first thought, according to a Commerce Department report out Friday. U.S. GDP grew at an annual rate of 1.6 percent; the earlier estimate was 2.4 percent. Meanwhile,...


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