Saturday, November 20, 2010

Business News -20 november 2010

  • The End of the Office Holiday Party
    Sat, 20 Nov 2010 07:00:58 -0800
    With fewer companies hosting bashes this year, the hallowed tradition of getting bombed with co-workers is under assault
  • Secret Santa Gifts for Under $20
    Sat, 20 Nov 2010 07:00:58 -0800
  • What to Give a Client, Cubemate, and the Boss
    Sat, 20 Nov 2010 07:00:58 -0800
  • Bartering Art for Health Care
    Sat, 20 Nov 2010 07:00:58 -0800
    A festival where uninsured artists and musicians exchange work for medical attention is attracting interest from organizers and physicians across the country looking to replicate the model
  • 'Tis the Season for Peppermint Coffee
    Sat, 20 Nov 2010 07:00:58 -0800
    The holiday-themed espresso drink has become a retail juggernaut
  • Ireland Aid From EU Won’t Require Tax Increase, Sarkozy Says
    Sat, 20 Nov 2010 06:17:45 -0800
    Ireland won’t be required to raise its corporate tax rate as part of a European Union bailout, French President Nicolas Sarkozy said, addressing an issue that looms as a stumbling block to an aid agreement.
  • Irish corporate tax in focus as bailout deal nears
    Sat, 20 Nov 2010 06:13:42 -0800
    LISBON/DUBLIN (Reuters) - French President Nicolas Sarkozy said on Saturday he expected Ireland to raise its corporate tax rate but an increase would not be a condition for any bailout.

  • Sarkozy says imagines Ireland will raise tax rate
    Sat, 20 Nov 2010 05:20:26 -0800
    LISBON (Reuters) - French President Nicolas Sarkozy said on Saturday he imagined Ireland would raise its corporate tax rate, even though this was not a condition for activating an EU bailout mechanism.
  • Goldman Sachs: Insanely profitable - The Buzz
    Sat, 20 Nov 2010 04:55:44 -0800
    "Doing God's work" is once again a business that investors love.
  • Top cities for cheap homes
    Sat, 20 Nov 2010 04:54:53 -0800
    Looking to buy a home? Hope you live in Indianapolis or Grand Rapids, two of the nation's most affordable cities for homebuyers.
  • Sarkozy Says Higher Taxes Aren’t a Condition for Irish Help
    Sat, 20 Nov 2010 04:54:04 -0800
    French President Nicolas Sarkozy said Ireland won’t be forced to raise it’s 12.5 percent corporate-tax rate as a condition for aid from the European Union. He spoke to reporters today in Lisbon, where he attended the NATO summit.
  • Massachusetts: Best 'new economy' state
    Sat, 20 Nov 2010 04:51:20 -0800
    Massachusetts is the state best prepared to compete in a global, innovation-based economy, according to a report released Thursday by the Kauffman Foundation, an entrepreneurial advocacy organization, and the Information Technology and Innovation Foundation, a technology thinktank.
  • Wal-Mart's holiday deals
    Sat, 20 Nov 2010 04:49:47 -0800
    Wal-Mart's highly-awaited Black Friday ad promises hot deals on high-definition TVs, Blu-ray players, laptops and holiday gift favorites such as toys and DVDs, according to a copy of the retailer's circular obtained by on Saturday.
  • Droid phones for a penny
    Sat, 20 Nov 2010 04:45:50 -0800
    Amazon is currently selling all Droid phones for a penny when customers sign up for a new Verizon Wireless contract.
  • The top Businessperson of The Year
    Sat, 20 Nov 2010 04:44:32 -0800
    When Fortune set out to pick the Businessperson of the Year -- and the 49 runners-up -- we searched for leaders who didn't just crawl from the wreckage of the Great Recession, but sprinted from it. Below is the compete list. Select each name to read more or click here to scroll through the gallery of winners. We also asked readers to tell us who they thought should be at the top of the list. You can find the results of that March Madness-style competition here.
  • Holiday gift guide: For the traveler
    Sat, 20 Nov 2010 04:43:25 -0800
    Eye masks, travel pillows, carry-ons, power-ups and more.
  • Coolest cars from L.A. Auto Show
    Sat, 20 Nov 2010 04:41:28 -0800
    At the auto show season's first big event, sun, fun and fuel economy are in good supply.
  • PM rejects court corruption probe criticism
    Sat, 20 Nov 2010 04:10:26 -0800
    NEW DELHI (Reuters) - Prime Minister Manmohan Singh, weakened by a corruption scandal involving his sacked telecoms minister, told the Supreme Court on Saturday he had done nothing wrong and had followed correct procedures.
  • WTO Chief calls for international coordinated action for global...
    Sat, 20 Nov 2010 03:36:27 -0800
    New Delhi, Nov.20 (ANI): The Director General of World Trade Organisation (WTO) Pascal Lamy has called for international coordinated policy action for a sustainable global economic recovery and creation of jobs.
  • Ireland's four-year plan to be published Tue - report
    Sat, 20 Nov 2010 03:10:38 -0800
    DUBLIN (Reuters) - Ireland's four-year plan to reduce its deficit will be published on Tuesday, ahead of any international financial aid package, the Irish Times newspaper reported on Saturday.
  • Global M&A to hit $3 trillion in 2011 - survey
    Sat, 20 Nov 2010 03:10:26 -0800
    LONDON (Reuters) - Global mergers and acquisitions (M&A) may jump more than a third in 2011 to the highest level since the credit crisis, driven by a big pick-up in real estate and financial services deals, a survey found.
  • William Hague raises doubts about future of the euro
    Sat, 20 Nov 2010 03:10:09 -0800
    Foreign secretary, a long-time opponent of the euro, says it is impossible to know whether the currency will collapse.
  • FarmVille No Longer Facebook's Top Application
    Sat, 20 Nov 2010 02:20:47 -0800
    FarmVille steps down as Facebook's reigning application, supplanted by the Phrases app.
  • Wells Fargo to pay Citi $100 million over Wachovia
    Sat, 20 Nov 2010 00:01:32 -0800
    NEW YORK (Reuters) - Wells Fargo & Co will pay Citigroup Inc $100 million to settle multiple lawsuits over the contentious 2008 purchase of Wachovia Corp, closing another chapter in the...

  • Taxman targets buy-to-let
    Fri, 19 Nov 2010 23:22:07 -0800
    The taxman is taking a tougher line with buy-to-lets.
  • PM to prosecute wrongdoers in corruption probe
    Fri, 19 Nov 2010 23:10:26 -0800
    NEW DELHI (Reuters) - Prime Minister Manmohan Singh said on Saturday any wrongdoers in a widening telecoms scam, which is threatening his political survival, will be prosecuted.
  • Fame & Fortune: Steve Borthwick
    Fri, 19 Nov 2010 23:08:14 -0800
    England rugby star Steve Borthwick is determined to play his way back into the national side.
  • PM hopes of growth of 9-10 pct from next year
    Fri, 19 Nov 2010 21:20:26 -0800
    NEW DELHI (Reuters) - Prime Minister Manmohan Singh said on Saturday he expects to return Asia's third-largest economy to a sustained growth of 9-10 percent from fiscal year 2011-2012 onwards.
  • U.S. to lift lid on "pervasive insider trading", says...
    Fri, 19 Nov 2010 20:50:27 -0800
    NEW YORK (Reuters) - U.S. officials are preparing insider trading charges against a host of financial players, including investment bankers and hedge fund managers, according to The Wall Street Journal, citing people familiar with the matter.
  • Names You Need To Know: Addiction Cure Baclofen
    Fri, 19 Nov 2010 20:17:16 -0800
    Baclofen may just be the little pill that could prevent the deaths of the approximately two million
  • Four groups to examine AIG's Taiwan life unit: report
    Fri, 19 Nov 2010 19:33:11 -0800
    TAIPEI (Reuters) - Four Taiwan groups have been invited by AIG to examine the U.S. firm's Nan Shan Life unit from Monday, kicking off the sale of AIG's Taiwan unit again, a local newspaper reported...

  • Regulators close 3 small banks in U.S.: 2010 total 149
    Fri, 19 Nov 2010 18:50:27 -0800
    WASHINGTON (Reuters) - Regulators closed three small banks in the U.S. on Friday, bringing the number of closures this year to 149.
  • U.S. banks cut back on trading with embassies - WSJ
    Fri, 19 Nov 2010 18:30:26 -0800
    NEW YORK (Reuters) - Some U.S. banks are cutting back their dealings with embassies and other foreign institutions in the United States because of the difficulty of complying with money-laundering rules, the Wall Street Journal reported.
  • Banks cut back on trading with embassies: report
    Fri, 19 Nov 2010 17:42:19 -0800
    NEW YORK (Reuters) - Some U.S. banks are cutting back their dealings with embassies and other foreign institutions in the United States because of the difficulty of complying with money-laundering...

  • Chile copper mine standoff enters decisive phase
    Fri, 19 Nov 2010 17:30:26 -0800
    IQUIQUE, Chile (Reuters) - Striking workers at Collahuasi, the world's No. 3 copper mine, held firm on Friday, with most staying on the picket line despite management's prediction that many would abandon the 15-day-old walkout.
  • Jeff Dunham Builds Full-Size Helicopters
    Fri, 19 Nov 2010 17:19:22 -0800
    Top-earning comedian's crafting prowess goes well-beyond dummies.
  • Jeff Dunham Builds Full-Size Helicopters
    Fri, 19 Nov 2010 17:19:22 -0800
    Top-earning comedian's crafting prowess goes well-beyond dummies.
  • BP says it won't fight cap waiver on spill damages
    Fri, 19 Nov 2010 17:10:58 -0800
    NEW YORK (Reuters Legal) - BP Plc won't object to a court order legally binding the company to waive a $75 million statutory cap on damages for the largest oil spill in U.S. history, the company said on Friday.
  • Black Friday focus of investors
    Fri, 19 Nov 2010 17:07:38 -0800
    NEW YORK (Reuters) - Expectations about Black Friday, when Americans traditionally get serious about holiday shopping, could sway stocks next week if it looks like the economy will get a pop from...

  • Bernanke hits back at Fed critics
    Fri, 19 Nov 2010 15:55:49 -0800
    FRANKFURT (Reuters) - Federal Reserve Chairman Ben Bernanke hit back on Friday at critics of the U.S. central bank's bond-buying program and issued a thinly veiled attack on China's policy of keeping...

  • ICB could call for Lloyds break-up
    Fri, 19 Nov 2010 15:51:37 -0800
    The Independent Commission on Banking could call for a break-up of Lloyds Banking Group, one of its members warned as the Government-backed body held its first public meeting.
  • People Make Too Much Of Work-Life Balance
    Fri, 19 Nov 2010 15:00:00 -0800
    Vinita Bali, CEO and MD of Britannia Industries, lives by her Blackberry and an organized calendar. She says, working on the go makes her efficient.
  • Chip shares rise as market ends week flat
    Fri, 19 Nov 2010 14:11:52 -0800
    NEW YORK (Reuters) - Semiconductor shares rallied on Friday as robust revenue from Marvell Technologies buoyed the sector, but the market ended flat for the week as investors backed away from a...

  • Bank analyst Whitney to start credit-rating firm
    Fri, 19 Nov 2010 14:07:44 -0800
    NEW YORK (Reuters) - Wall Street bank analyst Meredith Whitney, who shot to fame correctly predicting the industry's carnage in 2007, is regearing her nearly 2-year-old research company into a...

  • BP's head of crude trading Henrik Wareborn leaves oil giant
    Fri, 19 Nov 2010 13:59:33 -0800
    BP's head of crude trading, Henrik Wareborn, has left the oil giant and will not be replaced, ahead of a radical restructuring of the division.

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