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Today's News:
Cities Look For New Ways To Pick Your Pockets
Thu, 11 Mar 2010 11:50:00 -0500
Across the country, cash-strapped cities are coming up with novel ideas for raising money — imposing new charges on everything from sodas to library late fees to emergency-response services. With at least two more years of bad budgets ahead, look for cities to turn to niche taxes.
Dodd Says He'll Go It Alone On Financial Regulation
Thu, 11 Mar 2010 11:12:00 -0500
The Senate Banking Committee chairman plans to offer his own financial regulation bill without GOP support after a month of talks with Republican Sen. Bob Corker found some common ground but didn't yield agreement on consumer protections and other sticking points.
Greece Roiled By General Strike Over Austerity Plan
Thu, 11 Mar 2010 09:30:00 -0500
Greek police fired tear gas to disperse protesters throwing rocks and firebombs outside Parliament as tens of thousands of people marched through Athens to protest measures to cut the country's debt. The strike grounded all flights and brought public transport to a halt.
Latest financial news - CNNMoney.com
Household net worth recovering
Thu, 11 Mar 2010 12:22:34 -0500
The net worth of American households increased slightly during the final three months of 2009, the Federal Reserve said Thursday.
Fast food chains face tomato famine
Thu, 11 Mar 2010 12:11:36 -0500
Fast food joints are scrambling to find alternate sources for one of America's favorite sandwich toppings after a winter freeze took a huge bite out of Florida's tomato harvest.
Welcome to Detroit, Mr. Whitacre
Thu, 11 Mar 2010 12:00:19 -0500
GM's chairman and CEO is finding out what it is like to work in a fishbowl
The Financial Page
James Surowiecki: Private equity's egregious tax loophole.
James Surowiecki Mon, 08 Mar 2010 05:00:00 -0000
It’s the time of year when a young man’s fancy lightly turns to thoughts of deductions and write-offs. One select group of Americans, though, has a more pressing tax-season task on its mind: preserving a lucrative loophole in the I.R.S. code. The provision allows . . .
James Surowiecki: The perils of economic populism.
James Surowiecki Mon, 08 Feb 2010 05:00:00 -0000
It’s been the political equivalent of an intervention: in recent weeks, Democrats have been bombarded with advice about how they should reinvent their economic agenda. The electorate, we hear, wants Barack Obama to be more of an economic populist but less of an ambitious reformer. He has to . . .
James Surowiecki: Why cable companies bundle their channels.
James Surowiecki Mon, 18 Jan 2010 05:00:00 -0000
It seems like an annual rite: to usher in the new year, cable providers and networks squabble over programming fees. This time around, the tussles involved Time Warner Cable and Fox, and Cablevision and Scripps, which owns the Food Network and HGTV. These fights, unlike most corporate standoffs, are waged . . .
Reuters: Business News
Nasdaq turns positive
Thu, 11 Mar 2010 10:59:46 -0500
NEW YORK (Reuters) - The Nasdaq turned positive and the Dow and S&P 500 pared losses on Thursday as big-cap technology shares rose, offsetting worries about money tightening in China.
Jobless claims fall, trade gap narrows
Thu, 11 Mar 2010 10:38:25 -0500
WASHINGTON (Reuters) - The number of U.S. workers filing new applications for unemployment benefits fell slightly less than expected last week, hinting at a slow labor market recovery.
Financial reform deal fails, Dodd to move ahead
Thu, 11 Mar 2010 11:43:15 -0500
WASHINGTON (Reuters) - Senator Christopher Dodd said on Thursday that he will present on Monday his own version of a financial reform bill after compromise talks with Senate Republicans broke down.
ABC News: Money
World's Richest Man Carlos Slim: Who Is He?
Thu, 11 Mar 2010 10:15:46 -0500
Carlos Slim is the world's richest man -- but who is he? Carlos Slim - List of billionaires - Bill Gates - Microsoft - Warren Buffett
GM Distress: Dealers Not Reinstated Face Uncertain Future
Thu, 11 Mar 2010 11:24:46 -0500
Lost in the GM's jubilant announcement last week that it could reinstate up to 661 dealerships was the fact that hundreds of others still face closure. That may include Rick Smith's GM dealership in Weymouth, Mass., which has been a family business for more than 51 years. GeneralMotors - Weymouth - Business - United States - Automotive industry
Tackling a Taboo: Talking About Your Salary
Thu, 11 Mar 2010 11:57:15 -0500
Many people don't like to discuss their salaries, but there are many advantages to opening up about how much you earn at work. Chats and Forums - Work - Arts - Scrapbooking - Business and Economy
BBC News | Business | UK Edition
'No giveaway Budget' says Darling
Thu, 11 Mar 2010 17:22:44 -0000
Chancellor Alistair Darling warns people not to expect a "giveaway" when he unveils the government's Budget later this month.
HSBC admits huge Swiss data theft
Thu, 11 Mar 2010 14:48:46 -0000
About 24,000 clients of HSBC's private banking operation in Switzerland had personal details stolen, the bank admits.
John Lewis staff get £151m bonus
Thu, 11 Mar 2010 11:44:40 -0000
Department store group John Lewis reports a 9.7% rise in annual profits to £306.6m as staff share a bumper bonus.
Business News - UPI.com
Air Force selects Jacobs for research
Thu, 11 Mar 2010 12:28:31 -0500
PASADENA, Calif., March 11 (UPI) -- The U.S. Air Force contracted Jacobs Engineering Group to provide research and development for a program designed to support future operational requirements.
SAIC to support C2 software development
Thu, 11 Mar 2010 12:23:48 -0500
MCLEAN, Va., March 11 (UPI) -- The U.S. Navy selected Science Applications International Corp. engineering for the development of command-and-control software.
LM selected for MK 41 launcher support
Thu, 11 Mar 2010 12:16:52 -0500
BALTIMORE, March 11 (UPI) -- Defense company Lockheed Martin was selected to provide the U.S. Navy with support for a cruisers and destroyers vertical launching technology.
CACI contracted for system migration
Thu, 11 Mar 2010 12:02:50 -0500
ARLINGTON, Va., March 11 (UPI) -- The U.S. Defense Department has contracted CACI International to support a departmental migration from legacy systems to next-generation infrastructure.
CMTC expands contracting opportunities
Thu, 11 Mar 2010 11:59:51 -0500
TORRANCE, Calif., March 11 (UPI) -- California Manufacturing Technology Consulting says its program to address Defense Department legacy parts requirements has expanded contracting opportunities.
BAE to provide Textron with armor kits
Thu, 11 Mar 2010 11:30:42 -0500
CINCINNATI, March 11 (UPI) -- BAE Systems was selected to provide its armor kits to support an armored vehicle delivery to the U.S. Army Tank-Automotive and Armaments Command.

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