Sunday, January 29, 2012

Business News Feeds

Business News Feeds


Egypt says it ended US lobbyists' contract

Posted: 29 Jan 2012 01:23 PM PST

(01-29) 03:51 PST CAIRO, Egypt (AP) -- Egypt's Foreign Ministry says that Cairo has ended a contract with three Washington lobbying firms to cut expenses, denying reports that the firms were the ones to have terminated...

Email this Article Add to del.icio.us Add to digg Add to Facebook

Fireworks send Beijing air pollution soaring

Posted: 29 Jan 2012 01:23 PM PST

(01-29) 01:06 PST BEIJING, China (AP) -- Clouds of smoke from Lunar New Year fireworks sent air pollution in Beijing soaring under a new more sensitive measurement system, reports said Sunday. Readings of fine...

Email this Article Add to del.icio.us Add to digg Add to Facebook

Iran says oil could reach $120 to $150 per barrel

Posted: 29 Jan 2012 01:23 PM PST

(01-29) 01:04 PST TEHRAN, Iran (AP) -- The head of Iran's state oil company said Sunday that the price of crude will reach $120 to $150 per barrel, as officials in Tehran prepare to discuss a ban on crude sales to...

Email this Article Add to del.icio.us Add to digg Add to Facebook

Myanmar's Suu Kyi makes political tour in south

Posted: 29 Jan 2012 01:23 PM PST

(01-29) 00:03 PST DAWEI, Myanmar (AP) -- Thousands of supporters in Myanmar's countryside cheered opposition leader Aung San Suu Kyi on Sunday as she made a political tour ahead of by-elections, highlighting how quickly...

Email this Article Add to del.icio.us Add to digg Add to Facebook

Flight diverted to Idaho due to mechanical issue

Posted: 29 Jan 2012 01:23 PM PST

(01-28) 19:46 PST Boise, Idaho (AP) -- Officials say an American Airlines passenger jet traveling from Dallas to Seattle carrying 141 passengers and crew landed in Boise, Idaho, on Saturday after the pilot reported a...

Email this Article Add to del.icio.us Add to digg Add to Facebook

Students find man stuck for days in Rio Grande mud

Posted: 29 Jan 2012 01:23 PM PST

(01-28) 19:16 PST Albuquerque, N.M. (AP) -- A homeless man who tells authorities he was stuck in the mud at the Rio Grande river in New Mexico for three days has been rescued after a group of high school students heard...

Email this Article Add to del.icio.us Add to digg Add to Facebook

Cain backs Gingrich's presidential bid

Posted: 29 Jan 2012 01:23 PM PST

(01-28) 18:29 PST West Palm Beach, Fla. (AP) -- Former presidential hopeful Herman Cain is backing Newt Gingrich's White House bid. Cain endorsed his fellow Georgian Saturday, just days before Florida's primary, at a...

Email this Article Add to del.icio.us Add to digg Add to Facebook

Private investors near deal on Greek debt

Posted: 29 Jan 2012 01:23 PM PST

(01-28) 18:16 PST ATHENS, Greece (AP) -- A disorderly and potentially devastating Greek debt default is looking much less likely. Greece and investors who own its bonds have reached a tentative deal to significantly...

Email this Article Add to del.icio.us Add to digg Add to Facebook

CSU Northridge enrollment reductions cause anger

Posted: 29 Jan 2012 01:23 PM PST

(01-28) 14:46 PST Northridge, Calif. (AP) -- Students and faculty are protesting new budget-driven restrictions on the number of students allowed to enroll in classes at Cal State Northridge. The Los Angeles Times...

Email this Article Add to del.icio.us Add to digg Add to Facebook

Ship traffic for January 29, 2012

Posted: 29 Jan 2012 01:23 PM PST

Due to arrive today SHIP FROM PORT Paris Express Los Angeles OAK Cape Maas Ensenada, Mexico OAK CMA CGM Ivanhoe Long Beach OAK Continental Highway Toyohashi, Japan BNC Due to depart today SHIP TO PORT Zim Pusan Russia...

Email this Article Add to del.icio.us Add to digg Add to Facebook

China Unicom signs up 26 million for 3G phones

Posted: 29 Jan 2012 01:23 PM PST

Number of the day 26 million That's how many new 3G smart-phone subscribers were signed up last year by China Unicom Hong Kong , the second-largest Chinese cell phone company. After previously courting high-end...

Email this Article Add to del.icio.us Add to digg Add to Facebook

Autonomic Materials' self-healing technology

Posted: 29 Jan 2012 01:23 PM PST

Scott R. White has an unusual distinction for a scientist: His work has inspired jokes on late-night TV. Researchers "have developed a plastic that repairs itself," said Jay Leno during a monologue in February 2001. "If...

Email this Article Add to del.icio.us Add to digg Add to Facebook

Hires and promotions, Jan. 29

Posted: 29 Jan 2012 01:23 PM PST

Jewelers of America has elected Georgie Gleim , president of Gleim the Jeweler in Palo Alto, chairwoman of its board of directors. Gleim is the third generation of her family to lead Gleim the Jeweler, an independent...

Email this Article Add to del.icio.us Add to digg Add to Facebook

LinkedIn faces challenges by Facebook apps

Posted: 29 Jan 2012 01:23 PM PST

Among online networking sites, LinkedIn stands out as the specialized one - it's for professional connections only. That distinction has given it staying power as Facebook's predecessors have dropped away and as...

Email this Article Add to del.icio.us Add to digg Add to Facebook

Rosy report predicts surge in factory jobs in U.S.

Posted: 29 Jan 2012 01:23 PM PST

According to the Bureau of Labor Statistics , just 10 percent of American workers are employed in manufacturing, a situation that President Obama , in his State of the Union speech and on the campaign trail last week,...

Email this Article Add to del.icio.us Add to digg Add to Facebook

Why privacy policies don't work - and what might

Posted: 29 Jan 2012 01:23 PM PST

In the spring of 2010, thousands of online customers clicked on the terms of service at Game-station.co.uk and unwittingly sold their souls. As an April Fool's prank, the British gaming retailer slipped an "immortal...

Email this Article Add to del.icio.us Add to digg Add to Facebook

A whole new ballgame for Super Bowl ads

Posted: 29 Jan 2012 01:23 PM PST

Super Bowl ads aren't just for TV anymore. Commercials aired during the big game next Sunday will work overtime to entice viewers to dish on Twitter and Facebook, zap ads with Shazam, surf corporate websites, and view...

Email this Article Add to del.icio.us Add to digg Add to Facebook

Raising carried interest tax won't solve problem

Posted: 29 Jan 2012 01:23 PM PST

The release of Mitt Romney's tax returns has intensified the debate over carried interest, the income that managers of investment partnerships receive that is taxed at a rate not available to the vast majority of...

Email this Article Add to del.icio.us Add to digg Add to Facebook

Irish bankers on prowl, say ex-titan hiding assets

Posted: 29 Jan 2012 01:23 PM PST

In the green borderlands of County Fermanagh, there was nothing like the Mighty Quinn. That is what they called Sean Quinn - canny conglomerateur to his friends, wily rogue to his enemies and, until recently, the...

Email this Article Add to del.icio.us Add to digg Add to Facebook

Mitt Romney's 6 Homes

Posted: 29 Jan 2012 07:00 AM PST

SEATTLE (Zillow) -- After a barrage of pressure to release his tax forms, former Massachusetts Gov. Mitt Romney reported his income, confirming what most already knew: He's the wealthiest of the GOP candidates, earning $43 million over the past two years.

While much of Romney's assets comes from his tenure at Bain & Co. and investment firm Bain Capital, the presidential contender grew up in relative wealth as the son of American Motor CEO and former Michigan Gov. George W. Romney. As such, Romney is also no stranger to high-end real estate, having owned properties in Massachusetts, Utah, New Hampshire, and most recently La Jolla, Calif. ----------------------------- ...

Greek PM tries to win backing from parties for reforms (Reuters)

Posted: 29 Jan 2012 06:37 AM PST

Reuters - Greek Prime Minister Lucas Papademos met leaders of political parties in his coalition on Sunday to persuade them to back painful reforms demanded by the near-bankrupt country's foreign lenders.

Analysis: More than ever, businesses must think "what if" (Reuters)

Posted: 29 Jan 2012 06:32 AM PST

Reuters - A tumultuous 12 months that saw revolutions in the Middle East, a worsening debt crisis in Europe and a tsunami in Japan has set the tone for corporate activity in 2012.

Romney, Gingrich Make Final Appeals to Florida Republicans

Posted: 29 Jan 2012 06:21 AM PST

Newt Gingrich and Mitt Romney are delivering closing arguments at rallies around Florida, with paid TV ads and on today’s morning talk shows in what may be the final chance to grab momentum before the state’s Jan. 31 Republican presidential primary.

Gingrich Says Strong Florida Finish Needed to Save His Campaign

Posted: 29 Jan 2012 06:14 AM PST

Republican presidential candidate Newt Gingrich said today that only a strong finish in Florida’s primary election will save his “totally unique” campaign.

Bank of Canada’s Carney Has ‘Concerns’ With Volcker Rule Draft

Posted: 29 Jan 2012 06:13 AM PST

Bank of Canada Governor Mark Carney said he’s concerned U.S. regulators’ recent efforts to prevent deposit-taking banks from trading with their own money could make markets less efficient.

IAEA Team in Iran for Talks as Lawmakers Draft Oil Bill

Posted: 29 Jan 2012 06:12 AM PST

International Atomic Energy Agency inspectors arrived in Tehran today for talks on Iran’s nuclear program while lawmakers drafted a ban on oil sales to Europe.

Obama's old Chrysler 300C up for sale on eBay

Posted: 29 Jan 2012 06:12 AM PST

Maybe it's the ultimate piece of Barack Obama memorabilia -- his car.


Pot-based mouth spray medicine looks for U.S. approval

Posted: 29 Jan 2012 06:00 AM PST

Additional medicines derived from or inspired by marijuana could soon be making their way to pharmacy shelves.


Egyptian Stocks Rise to Four-Month High After Peaceful Protests

Posted: 29 Jan 2012 05:52 AM PST

Egyptian stocks advanced to the highest in more than four months after protests marking the first anniversary of the uprising that toppled Hosni Mubarak were held peacefully.

Gingrich Jab at Goldman Sachs Belies Pro-Bank Policy Proposals

Posted: 29 Jan 2012 05:49 AM PST

Newt Gingrich took aim at Wall Street and by extension Republican presidential opponent Mitt Romney yesterday as the former U.S. House speaker said he isn’t running for president to “represent Goldman Sachs.”

Christie Urges Income-Tax Cut, Democrats Eye Property Levies

Posted: 29 Jan 2012 05:49 AM PST

Governor Chris Christie told a group of business leaders that Democrats in the Legislature may jeopardize New Jersey’s economic recovery by putting social issues ahead of job creation and tax cuts.

Pennsylvania Set to Expand Keystone Opportunity Zones (ContributorNetwork)

Posted: 29 Jan 2012 05:40 AM PST

ContributorNetwork - Even as The Patriot-News is reporting Pennsylvania is nearly $500 million behind the anticipated tax collection goal for the current budget year, the Associated Press is reported legislation is moving forward in Harrisburg to expand Keystone Opportunity Zones, which are specific areas that grant businesses tax breaks and exemptions in order to entice development in Pennsylvania. As the AP report suggests, Pennsylvania has found itself competing with neighboring states Ohio and West Virginia to land a Shell ethane plant that could bring thousands of jobs to whatever state gets the massive project.

Arab League Suspends Syria Mission

Posted: 29 Jan 2012 05:37 AM PST

The Arab League is suspending its monitoring mission in Syria, citing increasing violence, a move set intensify the push for a U.N. Security Council resolution to halt Assad's crackdown.


Stock outlook: Homebuilders may not be out of the woods

Posted: 29 Jan 2012 05:33 AM PST

Experts say we can expect choppy moves for homebuilder stocks for the foreseeable future.


New Zealand Expects Asian Interest

Posted: 29 Jan 2012 05:32 AM PST

Asian investors will increasingly target assets in New Zealand including government debt securities, natural resources and farms, pushing up the value of the nation's currency, Prime Minister John Key said.


Congressional Contest in New York

Posted: 29 Jan 2012 05:00 AM PST

Republican Frank Scaturro makes his case for replacing Congresswoman Carolyn McCarthy in 2012.

Better Decisions in a Data Dump World

Posted: 29 Jan 2012 04:00 AM PST

The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.

NEW YORK (TheStreet) -- "Buy on rumors. Sell on news."

How about buying and selling on guts and common sense? ...

New SNB chief may be named in February: paper (Reuters)

Posted: 29 Jan 2012 03:16 AM PST

Reuters - The new Swiss National Bank chief could be named in February, sooner than had been expected after the resignation of former chairman Philipp Hildebrand earlier this month, a newspaper reported on Sunday.

Iran says oil could reach $120 to $150 per barrel (AP)

Posted: 29 Jan 2012 03:16 AM PST

An Iranian demonstrator holds a poster to support Iran's nuclear activities as he waits for arrival of delegates of International Atomic Energy Organization, IAEA, who were not appeared in public, at Imam Khomeini airport in Tehran, Iran, Sunday, Jan. 29, 2012. A U.N. nuclear team arrived in Tehran early Sunday for a mission expected to focus on Iran's alleged attempt to develop nuclear weapons. The delegation includes two senior weapons experts, Jacques Baute of France and Neville Whiting of South Africa, suggesting that Iran may be prepared to address some issues related to the allegations. (AP Photo/Vahid Salemi)AP - The head of Iran's state oil company said Sunday that the price of crude will reach $120 to $150 per barrel, as officials in Tehran prepare to discuss a ban on crude sales to European Union countries in retaliation for an EU embargo.


After 70 years, right-to-work issue remains a hot potato

Posted: 29 Jan 2012 03:00 AM PST

The battle over the right-to-work issue may be reaching a conclusion in Indiana, but the debate over its impact rages on.


Exxon Mobil to Sell Japan Arm

Posted: 29 Jan 2012 02:58 AM PST

Exxon Mobil will sell its local subsidiary in a $3.91 billion deal that involves giving up its majority stake in Japan's second-largest refiner, TonenGeneral Sekiyu.


Trade cheats beware: new U.S. team will come after you: Kirk (Reuters)

Posted: 29 Jan 2012 02:43 AM PST

Reuters - A new team of U.S. trade enforcers will make countries think twice about putting up unfair barriers to American exports, President Barack Obama's top trade official said.

Army fights for Damascus suburbs

Posted: 29 Jan 2012 02:19 AM PST

The Syrian army is attacking rebel forces in the suburbs of Damascus, as the opposition movement appeals to the UN Security Council

Chinese Tourists Return to Japan

Posted: 29 Jan 2012 01:39 AM PST

After being scared off by the Fukushima Daiichi nuclear accident, Chinese tourists are visiting Japan in record numbers again, generating much-needed business and optimism for the nation's struggling retail and tourism sectors.


Homeowner wins back her house after fighting foreclosure

Posted: 29 Jan 2012 12:00 AM PST

Karen Mena managed to get a foreclosure on her San Bernardino home rescinded. But she continues to negotiate with Bank of America over loan terms and could still lose the house.

Foreclosure commonly represents the end of a struggle. A borrower can't pay a mortgage, loses a home and moves on.


Chris Paul buys Avril Lavigne's Bel-Air mansion for $8.495 million

Posted: 29 Jan 2012 12:00 AM PST

L.A. Clipper Chris Paul may be quick down the court, but he moves pretty fast when it comes to buying multimillion-dollar real estate too.


Paul Telegdy finds his voice as a TV programmer

Posted: 29 Jan 2012 12:00 AM PST

The Gig: Paul Telegdy is president of alternative and late-night programming for NBC Entertainment. He is responsible for unscripted shows, including "The Voice," "The Tonight Show With Jay Leno" and "Saturday Night Live."


A quirky Spanish Revival in Los Feliz

Posted: 29 Jan 2012 12:00 AM PST

A.F. Leicht designed quirky Spanish Revival houses in Los Angeles as well as evangelist Aimee Semple McPherson's landmark Angelus Temple. His interiors often had irregular-shaped or curved walls, rooms or hallways. This Los Feliz villa, with rounded rooms, fancifully shaped living room French doors and elliptical master bathroom, captures his signature style.


Looking behind the curtain at Apple

Posted: 29 Jan 2012 12:00 AM PST

The things that make Apple tick are deceptively simple: a single-minded focus on products, a performance-driven culture that does not allow for failure, and a well-honed marketing and advertising machine.

How do you make a book about Apple interesting if it isn't about Steve Jobs?


Consumer bureau reviewing real estate appraisal fee disclosure

Posted: 29 Jan 2012 12:00 AM PST

Some appraisers are being paid less than half the fee, while the balance flows to an appraisal management company.

The new Consumer Financial Protection Bureau is working on a real estate issue that gets to the core of the agency's purpose: bringing clarity and better disclosures about the often opaque and costly fees that home buyers, sellers and refinancers are hit with at closings.


How to organize paper documents efficiently

Posted: 29 Jan 2012 12:00 AM PST

Even in this digital age, paper documents — account statements, bills, receipts, tax forms and the like — are still with us. Having an efficient system to file and otherwise organize these documents can save frustration and time. Here are some tips:


Tax relief on mortgage debt forgiveness ends in 2013, so hurry

Posted: 29 Jan 2012 12:00 AM PST

The tax-relief law allows homeowners to exclude from income certain debts forgiven by their lenders. The tax break expires Dec. 31, 2012, but keep in mind that a short sale or foreclosure can take many months.

The window is closing rapidly on one of the most important tax-relief provisions enacted by Congress during the housing crisis to help financially strapped homeowners.


Homeowner association must not let manager control it

Posted: 29 Jan 2012 12:00 AM PST

Each association board director is obligated to research issues and reach his or her own conclusions.

Question: I was elected to the board of directors because owners were fed up with a controlling manager. After election, the manager handed me a "board member tool kit," which instructs how to join in lock step with other directors and not make waves. It espouses the importance of listening to industry "experts" such as property management companies and attorneys who, it says, know much more than board directors about how to run an association.


Tenant with disability wants to keep companion pet

Posted: 29 Jan 2012 12:00 AM PST

A tenant with anxiety disorder is urged by his psychiatrist to get a companion animal. But in exchange for allowing a dog, the manager wants to raise his rent. Is that allowed?

Question: For several years I have been undergoing psychotherapy for a nervous illness, which has now been diagnosed as a general anxiety disorder. I live at an apartment complex that does not allow pets, but my psychiatrist has recently urged me to get a companion animal, which she thinks would give me a positive relationship that would alleviate my anxiety.


Facebook IPO Filing as Early as Next Week

Posted: 28 Jan 2012 11:33 PM PST

Facebook Inc., the world’s largest social-networking service, is aiming to file for its initial public offering as early as next week, two people with knowledge of the matter said.

In Davos, Europe Is Pressed for Debt Crisis Solution

Posted: 28 Jan 2012 11:07 PM PST

Echoing comments by American officials, leaders at the World Economic Forum in Davos said that aid to the euro zone from the rest of the world would be contingent on a larger commitment by Europe.

Presented By:

Posted: 28 Jan 2012 11:06 PM PST

Letters: Letters: A New Tax System Needs Fairness, Too

Posted: 28 Jan 2012 10:34 PM PST

A reader responds to "A Better Tax System (Instructions Included)" (Economic View, Jan. 22).

Corner Office | Harry West: Harry West of Continuum, on Defining Your Company’s Future

Posted: 28 Jan 2012 10:34 PM PST

Harry West of Continuum, an innovation design consulting firm, says the pictures in your office lobby may tell the world about the business you were in, but not about the business you can become.

Fair Game: Mortgage Task Force Has Fancy Name, but Will It Get Tough?

Posted: 28 Jan 2012 10:34 PM PST

President Obama's new task force has much to tackle in the mortgage mess — and soon, if it wants to allay suspicions that the authorities have given powerful institutions a pass.

Workstation: Workstation: Building a Bridge to a Lonely Colleague

Posted: 28 Jan 2012 10:33 PM PST

Researchers have found that workplace loneliness hurts both individuals and the entire organization.

Retrial Planned for Officer Linked to Post-Katrina Shootings

Posted: 28 Jan 2012 10:32 PM PST

Prosecutors said they intend to retry a retired police sergeant charged with helping cover up deadly shootings on a New Orleans bridge after Hurricane Katrina.

Barnes & Noble, Taking On Amazon in the Fight of Its Life

Posted: 28 Jan 2012 08:56 PM PST

Barnes & Noble, the giant that put so many independent booksellers out of business, now finds itself locked in the fight of its life, with Amazon.com lurking in the background.

The Boss: Peter Clarke of Product Ventures, From Drums to Designs

Posted: 28 Jan 2012 08:13 PM PST

After playing the snare drum in a Marine Corps band, Peter Clarke went on to start his own product and packaging design firm.

BlackBerry, Aiming to Avoid the Hall of Fallen Giants

Posted: 28 Jan 2012 08:11 PM PST

Some tech gadgets that once seemed indispensable have been mercilessly superseded over the years, and Research in Motion is trying to avoid that fate for its BlackBerry.

Economic View: Higher Taxes Help the Richest, Too - Economic View

Posted: 28 Jan 2012 07:57 PM PST

Letting tax cuts expire would have little effect on the wealthiest Americans' ability to spend, but would ultimately give them better roads and cleaner air.

Private investors near deal on Greek debt (AP)

Posted: 28 Jan 2012 07:42 PM PST

Charles Dallara, left and Jean Lemiere from the Institute of International Finance leave Maximos Mansion after meeting Greek Prime Minister Lucas Papademos and Greek Finance Minister Evangelos Venizelos in Athens on Saturday Jan. 28 2012. Talks between Greece and private creditors on halving the country's privately held debt load have ended and a deal is very close, according to the creditors' representatives. (AP Photo)AP - A disorderly and potentially devastating Greek debt default is looking much less likely.


What's Wrong With the Teenage Mind?

Posted: 28 Jan 2012 07:14 PM PST

Children today reach puberty earlier and adulthood later. The result: a lot of teenage weirdness. Alison Gopnik on how we might readjust adolescence.


Strategies: How Long Can the Stock Market Forget About the Pain?

Posted: 28 Jan 2012 07:06 PM PST

Despite buoyant returns for stocks so far this year, it's hardly time for investors to whistle, "Don't worry, be happy." Big problems linger from 2011.

Letters: Letters: The Burdens on Consumers

Posted: 28 Jan 2012 06:43 PM PST

A reader responds to "Spend, Spend, Spend. It's the American Way" (Economic View, Jan. 15).

0 comments:

Post a Comment

Analytics, SEO SEM Online Marketing