News From Yellow Business Pages » Business

Yahoo! News: Business: Gulf oil dilemma: accept payout from BP or sue (AP)

Thu, 09 Sep 2010 15:18:19 -0400

AP - Alabama seafood market owner David Scott faces a difficult decision as he tries to rejuvenate his business after the Gulf oil spill: He can accept a piece of BP's $20 billion claims fund — relatively fast, easy money — or sue the oil giant for a bigger payday, wait years and risk ending up with nothing.

Yahoo! News: Business: 3 Texas men indicted in Va. in $103M scam (AP)

Thu, 09 Sep 2010 14:46:43 -0400

AP - A federal grand jury in Richmond has indicted three Texas men for allegedly defrauding investors in their life insurance settlement businesses.

Yahoo! News: Business: Ford summons dealers to discuss Lincoln's future (Reuters)

Thu, 09 Sep 2010 14:42:54 -0400

Reuters - Ford Motor Co will host a meeting for its Lincoln dealers in early October to discuss its plans for re-energizing a brand that has long trailed luxury market competitors such as Cadillac and Mercedes.

washingtonpost.com - Business: Steelworkers union targets China on green-energy exports

Thu, 09 Sep 2010 13:51:00 -0400

The United Steelworkers union launched a broad challenge Thursday against what it alleges is illegal support for China's growing dominance in the renewable energy industry. The move targets China's practices in a sector that President Obama has said is central to U.S. economic renewal.

China - Energy - Technology - United States - United Steelworkers

washingtonpost.com - Business: Senate must pass small-business incentives, Voinovich says

Thu, 09 Sep 2010 13:33:00 -0400

Retiring Sen. George Voinovich (R-Ohio) said he plans to help push a package of small-business incentives through the Senate next week, a move that would give President Obama and congressional Democrats a key victory on the economy in the final weeks before the November midterm elections.

Business - Small business - United States - Barack Obama - Senate

Yahoo! News: Business: As Wall Street Sheriff, Coffey would be discreet (Reuters)

Thu, 09 Sep 2010 13:09:25 -0400

Reuters - New York state attorney general candidate Sean Coffey on Thursday said he was the only contender qualified to police Wall Street and called Democratic rivals career politicians fixated on becoming governor.

Yahoo! News: Business: CA-CANADA Summary (Reuters)

Thu, 09 Sep 2010 12:40:17 -0400

Reuters - Canadian Finance Minister Jim Flaherty said on Thursday he is concerned by the record high trade deficit Canada had in July and he called on the private sector to step up investment to improve productivity and help support economic growth. Canada's monthly trade deficit in July rose more than expected as anemic demand from the United States sapped exports, while imports surged to their highest level since November 2008.

NYT > Business: In Washington, a Surge of Interest to Hire Republicans

Thu, 09 Sep 2010 12:33:54 -0400

With Democrats in danger of losing control of Congress, some lobbying shops, trade groups and contractors are moving to hire more Republicans.

NYT > Business: In Land of Fast Cars and Trains, Buses Try to Make Inroads

Thu, 09 Sep 2010 12:24:59 -0400

That it is taking so long to lift a ban on intercity bus service in Germany is a reminder that, despite steady change, barriers to full-bore free enterprise remain in Europe.

NYT > Business: U.S. Trade Deficit Narrowed in July as Exports Rose

Thu, 09 Sep 2010 11:10:02 -0400

The 14 percent decline in the trade deficit in July should give a lift to overall economic growth.

Yahoo! News: Business: Board Approves Resolution to Support Marcellus Shale Tax (PR Newswire)

Thu, 09 Sep 2010 11:08:00 -0400

PR Newswire - HARRISBURG, Pa., Sept. 9 /PRNewswire-USNewswire/ -- The Pennsylvania Board of Game Commissioners today approved a resolution to support the efforts to implement a severance tax on Marcellus Shale gas extraction, and encouraged legislators to ensure that a portion of those funds are directed to the state's four resource agencies, including the Game Commission, to help fund the monitoring of the environmental impacts of the drilling processes.

Yahoo! News: Business: Jobless claims, trade gap brighten outlook (Reuters)

Thu, 09 Sep 2010 10:57:09 -0400

Reuters - New U.S. claims for unemployment benefits fell more than expected last week to a two-month low, while the trade deficit narrowed sharply in July, hopeful signs for the stuttering economic recovery.

Yahoo! News: Business: Struggling Spain OKs labor market reforms (AP)

Thu, 09 Sep 2010 10:56:39 -0400

AP - Spain gave final approval Thursday to labor market reforms designed to shake up a listless economy and help slash a bloated deficit that has prompted European-wide worries of another Greek-style debt crisis.

NYT > Business: Union Accuses China of Illegal Clean Energy Subsidies

Thu, 09 Sep 2010 10:54:40 -0400

The United Steelworkers union plans to file a legal case that accuses China of violating World Trade Organization rules.

NYT > Business: Apple Loosens Rules for App Approvals

Thu, 09 Sep 2010 10:39:35 -0400

Apple says it will make its app approval process more transparent.

Yahoo! News: Business: McDonald's shares fall on limp sales in France (Reuters)

Thu, 09 Sep 2010 10:37:52 -0400

Reuters - McDonald's Corp's European sales growth fell in August from the sizzling levels it experienced for much of the year due to weakness in France, which generates the company's biggest European sales, and its shares fell nearly 3 percent.

Yahoo! News: Business: Wall Street rises on upbeat economic data (Reuters)

Thu, 09 Sep 2010 10:29:27 -0400

Reuters - Stocks rose modestly on Thursday as better-than-expected jobs and trade data added to optimism over the economic recovery.

NYT > Business: Wall Street Rises on Improved Jobless Data

Thu, 09 Sep 2010 10:20:02 -0400

Investors have taken solace in recent improvements in several economic indicators that suggest the economy will continue to grow slowly.

washingtonpost.com - Business: Political Economy: U.S. trade gap contracts sharply

Thu, 09 Sep 2010 10:08:27 -0400

The U.S. trade deficit narrowed significantly in July and applications for unemployment benefits fell more than forecast, according to government reports that lifted hopes about the economic recovery.

Economic - International - United States - Balance of trade - Trade

Yahoo! News: Business: US trade deficit narrows sharply in July (AFP)

Thu, 09 Sep 2010 09:44:12 -0400

AFP - The US trade deficit dropped more than expected in July as exports reached their highest level in two years, official data showed Thursday, boosting hopes for the US economic recovery.

Yahoo! News: Business: (AP)

Thu, 09 Sep 2010 08:33:22 -0400

AP - Trade deficit narrows sharply in July as exports rise to the highest level in nearly two years.

Yahoo! News: Business: Web Impostors May Face Prison in California (BusinessWeek)

Thu, 09 Sep 2010 08:08:41 -0400

BusinessWeek - California Web impostors beware: You may soon be breaking the law, even if you aren't one of the perpetrators targeted by the state's "e-personation" bill.

Yahoo! News: Business: Obama firm against tax cuts for rich (Reuters)

Thu, 09 Sep 2010 07:50:58 -0400

Reuters - President Barack Obama stood firm on Thursday in opposition to a Republican push to extend Bush-era tax cuts for the rich but stopped short of threatening to veto such a measure if passed by Congress.

Yahoo! News: Business: Toys R Us to double U.S. store print for holiday season (Reuters)

Thu, 09 Sep 2010 07:50:09 -0400

Reuters - U.S. retailer Toys R Us, which has filed for an initial public offering, said it plans to open about 600 temporary stores in malls and shopping centers nationwide, doubling the number of store locations for the holiday season.

Yahoo! News: Business: British MPs to grill BP CEO Hayward (Reuters)

Thu, 09 Sep 2010 07:46:17 -0400

Reuters - British Members of Parliament (MPs) will next week grill outgoing BP Plc Chief Executive Tony Hayward, as part of an investigation into risks around deepwater drilling in the North Sea.

NYT > Business: Britain Keeps Interest Rates on Hold Amid Worries About Global Recovery

Thu, 09 Sep 2010 07:30:02 -0400

The Bank of England held steady on its benchmark interest rate amid warnings that the pace of recovery among major economies appears to be slowing faster than anticipated.

NYT > Business: Britain Fines Goldman Sachs

Thu, 09 Sep 2010 06:20:02 -0400

The bank was fined about $27 million for failing to disclose the U.S. investigation into the sale of securities known as Abacus.

NYT > Business: The President Tinkers at the Margins

Thu, 09 Sep 2010 06:00:57 -0400

President Obama should push harder for medium-term deficit reduction and comprehensive tax reform, an economist writes.

NYT > Business: All Nippon to Start Low-Cost Airline in Japan

Thu, 09 Sep 2010 04:23:23 -0400

The first Japanese low-cost carrier will fly both international and domestic routes out of Osaka.

Yahoo! News: Business: India car sales hit all-time high in August (AP)

Thu, 09 Sep 2010 03:53:48 -0400

AP - Car sales in India surged to a record for a second straight month in August on strong demand before the holiday season, despite rising prices and supply constraints.

Yahoo! News: Business: Regret, apology not part of BP's oil spill report (AP)

Thu, 09 Sep 2010 03:39:32 -0400

AP - BP's long-awaited internal report on what it believes went wrong when a rig exploded and started the massive Gulf oil spill never mentions the words blame, regret, apology, mistake or pollution. The word fault shows up 20 times, but only once in the same sentence as the company's name.

Yahoo! News: Business: Detroit gets rare assist from suburbs for fires (AP)

Thu, 09 Sep 2010 03:21:26 -0400

AP - As exhausted Detroit firefighters battled wind-fed blazes burning wild in some neighborhoods and threatening to char much of the city, a half-dozen departments from surrounding communities brought in sorely needed — and gladly accepted — help.

Yahoo! News: Business: Asia stocks rise, yen steady but outlook unclear (Reuters)

Thu, 09 Sep 2010 03:12:35 -0400

Reuters - Asian stocks edged up and the yen held below a 15-year high on Thursday, after a small rally on Wall Street driven by successful European bond auctions gave investors an excuse to lighten up on their bets.

NYT > Business: Falling Rates Aid Debtors, but Hamper Savers

Thu, 09 Sep 2010 02:50:05 -0400

Those who live off their savings and investments are hit hard by falling interest rates, as corporations borrow cheaply and sit on the cash.

NYT > Business: On Clean Energy, China Skirts Rules

Thu, 09 Sep 2010 02:50:02 -0400

Big government subsidies for clean energy companies, like cheap land and low-interest loans, may be in violation of W.T.O. rules.

Yahoo! News: Business: U.S. slips in WEF's competitiveness rankings (Reuters)

Thu, 09 Sep 2010 02:47:52 -0400

Reuters - Switzerland remains the world's most competitive economy, while the United States has fallen from second to fourth after losing the top spot last year, according to the World Economic Forum's annual rankings issued on Thursday.

Yahoo! News: Business: Nissan team checks quality in Thai-made March cars (AP)

Thu, 09 Sep 2010 02:40:59 -0400

AP - Thai-made Nissan March subcompact cars — the first major model from a Japanese automaker being mass produced abroad for sale in Japan — are getting extra scrutiny from a team of quality experts to meet choosey consumer standards, a senior executive said Thursday.

washingtonpost.com - Business: Federal Reserve 'beige book' signals widespread slowdown of economic growth

Thu, 09 Sep 2010 02:34:00 -0400

The U.S. economy continued growing this summer but "with widespread signs of deceleration," according to the Federal Reserve's "beige book." The compilation of anecdotal information from companies in the 12 Fed districts offers a portrait of an uncertain economic moment in which growth has slowed in

Federal Reserve System - Beige Book - Economic - Social Sciences - US Federal Reserve

washingtonpost.com - Business: Financial literacy campaign could save money for citizens, government

Thu, 09 Sep 2010 02:33:00 -0400

As we continue to assign blame for the nation's economic mess, perhaps it would do us well to look in the mirror.

Financial literacy - Education - Literacy - Organizations - Adult Literacy

NYT > Business: Genentech Scientist to Lead Rockefeller University

Thu, 09 Sep 2010 02:00:02 -0400

Marc Tessier-Lavigne will be the first to leave Genentech’s top scientific ranks since its acquisition by Roche in March 2009.

NYT > Business: Google Unveils Tool to Speed Up Searches

Thu, 09 Sep 2010 02:00:01 -0400

Google’s change may save users time, but may also affect the many businesses that have been built around placing search ads on the site.

Yahoo! News: Business: Goldman Sachs fined $30.9 million in UK: report (Reuters)

Thu, 09 Sep 2010 01:46:51 -0400

Reuters - Britain's financial watchdog fined Goldman Sachs Group Inc 17.5 million pounds ($27 million) for failing to tell the regulator that it was the subject of a U.S. probe, reviving disclosure headaches for the Wall Street powerhouse.

NYT > Business: Conversations: Views of Health Care Economics From a C.E.O. Named Bush

Thu, 09 Sep 2010 01:45:01 -0400

Jonathan Bush, nephew of one former president and cousin of another, built a small medical practice into a national enterprise with nearly 1,200 employees.

NYT > Business: Obama, in Rally Mode, Steps Up Jabs at G.O.P.

Thu, 09 Sep 2010 01:40:28 -0400

President Obama called for an end to Bush-era tax cuts for the wealthy in a lengthy and sharply populist speech.

NYT > Business: Piers Morgan to Step Into Larry King’s Shoes

Thu, 09 Sep 2010 01:40:13 -0400

Known mostly as a judge on “America’s Got Talent,” the 45-year-old will seek a mix of hard and soft news guests.

NYT > Business: Advertising: Growing Appreciation for P.R. On Madison Avenue

Thu, 09 Sep 2010 01:40:13 -0400

Kirshenbaum Bond Senecal is acquiring a majority stake in Kwittken, a public relations agency. Analysts say such agencies are playing a larger role in the industry.

NYT > Business: The Editor of Lucky Magazine Is Replaced

Thu, 09 Sep 2010 01:40:12 -0400

Lucky Magazine’s founding editor, Kim France, has been replaced by Brandon Holley, the former editor for Condé Nast’s at the defunct Jane magazine.

Yahoo! News: Business: Australia regulator blocks NAB's $12 billion AXA unit bid (Reuters)

Thu, 09 Sep 2010 01:37:06 -0400

Reuters - Australia's competition regulator blocked National Australia Bank's $12 billion bid for AXA Asia Pacific for a second time, dashing NAB's efforts to cement its dominance in the world's fourth-largest wealth management market.

NYT > Business: BP Spill Report Hints at Legal Defense

Thu, 09 Sep 2010 01:30:02 -0400

BP released the results of an internal investigation that heaped some of the blame on itself, but mostly pointed at other companies.

Yahoo! News: Business: Obama firm, won't yield on tax hike for wealthiest (AP)

Thu, 09 Sep 2010 01:25:00 -0400

AP - Politically weakened but refusing to bend, President Barack Obama insisted Wednesday that Bush-era tax cuts be cut off for the wealthiest Americans, joining battle with Republicans — and some fellow Democrats — just two months before bruising midterm elections.

NYT > Business: Data on Seattle Nonprofits Is Now Public

Thu, 09 Sep 2010 01:20:46 -0400

The Seattle Foundation is trying to give potential donors more insight into how their money would be spent.

NYT > Business: G.M. Makes a Play for Buyers and Investors

Thu, 09 Sep 2010 01:20:02 -0400

The reception that the Chevrolet Cruze receives from consumers could play a large role in wooing investors.

NYT > Business: 7-Eleven Is Said to Be Among the Bidders for Casey’s Stores

Thu, 09 Sep 2010 01:10:01 -0400

The convenience store chain 7-Eleven is the unnamed third party that has bid $2 billion for Casey’s General Stores, topping an offer from Alimentation Couche-Tard, said a person briefed on the matter.

NYT > Business: After Fine, Botox Awaits Approval for Migraine

Thu, 09 Sep 2010 01:00:22 -0400

Allergan will pay $600 million for its marketing tactics while the F.D.A. decides on the drug’s use for migraines.

NYT > Business: State of the Art: In Season 9, iPods Still Get High Ratings

Thu, 09 Sep 2010 01:00:07 -0400

The 2010 iPod crop includes modest improvements, a risky new design and a home run in the new iPod Touch.

NYT > Business: Bracing for Cuts, Military Firms Shed Workers

Thu, 09 Sep 2010 01:00:03 -0400

Tightened spending at the Pentagon is unsettling the defense industry. A quarter of executives at Lockheed Martin jumped at the chance to take a buyout.

NYT > Business: Investor Fears Force Split-Up of Irish Bank

Thu, 09 Sep 2010 01:00:03 -0400

The increasing burden of Anglo Irish Bank’s losses has become a millstone for the government, which is seeking to avoid a Greek-style bank bailout.

Yahoo! News: Business: Economists cut U.S. growth forecast again (Reuters)

Thu, 09 Sep 2010 00:17:07 -0400

Reuters - Projected U.S. economic growth for the rest of this year and next was revised down for a third month in a row by a panel of about 50 economists.

washingtonpost.com - Business: World Economic Forum survey: Debt, financial crisis hurt U.S. competitiveness

Thu, 09 Sep 2010 00:04:00 -0400

Large deficits and a weakened financial system have made the United States less competitive in the global economy, the World Economic Forum said in its annual review of the competitiveness of countries.

World Economic Forum - Financial services - Business - Financial Planning - Business and Economy

Yahoo! News: Business: FDIC's Bair warns of government "exposure" in mortgages (Reuters)

Wed, 08 Sep 2010 23:53:37 -0400

Reuters - A key U.S. banking regulator raised concern on Wednesday about the risk of "exposure" the government is taking on in the mortgage market and urged more stringent standards for underwriting mortgages.

Yahoo! News: Business: Bank of Korea keeps interest rate near record low (AP)

Wed, 08 Sep 2010 23:52:37 -0400

AP - South Korea's central bank left its key interest rate near a record low Thursday for a second straight month as the risk of slowing global growth outweighed a buoyant outlook for the local economy.

washingtonpost.com - Business: Obama plan for corporate tax credit, infrastructure spending gets cool reception

Wed, 08 Sep 2010 22:57:00 -0400

Facing a rising jobless rate and the possibility of a GOP blowout in the November midterm elections, President Obama sought Wednesday to convince voters that he is charting a new path to revive the American economy.

Corporate tax - Tax - Barack Obama - United States - President

washingtonpost.com - Business: Financial overhaul's unexpected fallout: Closing of D.C.'s Small Savers day care

Wed, 08 Sep 2010 22:47:01 -0400

Washington's battle for regulatory reform wasn't supposed to have this kind of collateral damage.

Screen Savers - Desktop Customization - Freeware - United States - Business

washingtonpost.com - Business: Consumer watchdog candidate Elizabeth Warren pays another visit to White House

Wed, 08 Sep 2010 21:11:02 -0400

Elizabeth Warren slipped quietly into Washington on Tuesday to talk with President Obama about the possibility of leading the new Bureau of Consumer Financial Protection, according to people familiar with the meeting.

White House - United States - Elizabeth Warren - Government - President

washingtonpost.com - Business: Featured Advertiser

Wed, 08 Sep 2010 21:11:02 -0400

Yahoo! News: Business: Spartech posts fiscal 3Q loss, misses expectations (AP)

Wed, 08 Sep 2010 19:24:40 -0400

AP - Plastic sheet and packaging maker Spartech Corp. reported a net loss for its fiscal third quarter on Wednesday and said that despite higher revenue, the overall market recover is slower than expected.

NYT > Business: How Much to Put in an Emergency Fund

Wed, 08 Sep 2010 18:48:17 -0400

New research from MetLife provides some guidance on how much to include in your emergency fund to cover the chance of a critical illness in your family.

NYT > Business: Study Shows Drop in Credit Card Use

Wed, 08 Sep 2010 18:03:42 -0400

Consumers are using credit cards less than in the past, according to data just released from Javelin Strategy and Research.

Yahoo! News: Business: Highlights from the Fed's latest economic survey (AP)

Wed, 08 Sep 2010 17:53:49 -0400

AP - Highlights from the Federal Reserve's survey of economic conditions nationwide. The survey, released Wednesday and known as the Beige Book, is based on information collected from the Fed's 12 regional bank districts.

Yahoo! News: Business: Coffee hits 13-year high; retail prices also up (AP)

Wed, 08 Sep 2010 17:28:12 -0400

AP - Coffee prices hit a 13-year high Wednesday, extending a rally that has sent prices up about 43 percent in the past three months.

NYT > Business: To Go Where Compact Fluorescents Cannot

Wed, 08 Sep 2010 16:52:08 -0400

The area in which LED's will best replace compact fluorescent bulbs, an executive suggests, is in directional lighting.

Yahoo! News: Business: Bankers urge government to pull plug on Fannie, Freddie (Reuters)

Wed, 08 Sep 2010 16:35:59 -0400

Reuters - The federal government should take mortgage finance giants Fannie Mae and Freddie Mac off life support sooner rather than later, the Mortgage Bankers Association urged on Wednesday.

NYT > Business: Your Very Own $400,000 Robot

Wed, 08 Sep 2010 15:47:52 -0400

Willow Garage, a California-based technology company, announced that its PR2 robot would go on sale to businesses and the general public.

washingtonpost.com - Business: Obama unveils more stimulus, tax breaks for business

Wed, 08 Sep 2010 14:42:00 -0400

The president will argue personally Wednesday against extending the Bush-era income tax cuts for the nation's wealthiest families even for a year or two, a message aimed at wavering Democrats who have been swayed by arguments that the economy is too weak to raise anyone's taxes.

Barack Obama - United States - President - Government - History

Yahoo! News: Business: Summary Box: Ireland to split Anglo Irish Bank (AP)

Wed, 08 Sep 2010 14:30:43 -0400

AP - SPLIT: Ireland plans to split its most troubled financial institution, Anglo Irish Bank, into a "good" deposit bank and a "bad" toxic-debt bank. The move comes as the nation seeks to reassure international lenders that it is dealing with the Irish debt crisis.

washingtonpost.com - Business: One quarter of Lockheed executives take buyout offer

Wed, 08 Sep 2010 14:19:01 -0400

Bethesda-based contracting giant Lockheed Martin announced Wednesday that more than 600 executives have taken the company up on an early-exit program that provides financial incentives in exchange for leaving.

Shopping - Associations - Coins - Antiques and Collectibles - World Coins

Yahoo! News: Business: Kuwait appoints first stock market regulator (AFP)

Wed, 08 Sep 2010 13:56:59 -0400

AFP - Kuwait has appointed its first independent regulatory body, the Capital Market Authority, to oversee its stock exchange, Commerce Minister Ahmad al-Harun said on Wednesday.

washingtonpost.com - Business: BP releases report on gulf well blowout

Wed, 08 Sep 2010 12:48:00 -0400

BP released a long-awaited report Wednesday on an internal investigation into the causes of its Gulf of Mexico oil well blowout, blaming multiple failures by BP and other firms but absolving its much-criticized well design.

Gulf of Mexico - Oil spill - BP - Blowout preventer - United States

Yahoo! News: Business: FTSE 100 closes higher (AFP)

Wed, 08 Sep 2010 12:24:50 -0400

AFP - London shares closed higher on Wednesday after a boost from a successful Portuguese debt auction, although many financial stocks remained weak.

washingtonpost.com - Business: Phasing out the incandescent light bulb

Wed, 08 Sep 2010 06:20:00 -0400

The Energy Independence and Security Act of 2007 legislated a reduction of energy usage and greenhouse gas emissions. The law provides for phasing out today's general service incandescent light bulbs in favor of lower-wattage, energy saving bulbs. Lighting accounts for about 15 percent of the ele...

Light - Incandescent light bulb - Electrical - Shopping - Bulbs

washingtonpost.com - Business: Light bulb factory closes; End of era for U.S. means more jobs overseas

Wed, 08 Sep 2010 03:06:00 -0400

WINCHESTER, VA. - The last major GE factory making ordinary incandescent light bulbs in the United States is closing this month, marking a small, sad exit for a product and company that can trace their roots to Thomas Alva Edison's innovations in the 1870s.

Light - Business - Business and Economy - China - Incandescent light bulb

Yahoo! News: Business: Japan's intervention hints fail to stop yen rally (Reuters)

Wed, 08 Sep 2010 01:28:54 -0400

Reuters - Japan's government sharpened its rhetoric on foreign exchange intervention on Wednesday as a rise in the yen to a 15-year high underlined concerns that the currency's strength could threaten the economic recovery.

Yahoo! News: Business: BP probe to spread blame for spill: report (Reuters)

Wed, 08 Sep 2010 01:19:49 -0400

Reuters - BP Plc's internal probe of the deadly April 20 blowout that unleashed the massive Gulf of Mexico oil spill will assign blame to BP as well as other companies involved in the well's operations, The Wall Street Journal reported on Tuesday.

Yahoo! News: Business: Obama pitches spending and tax incentives in Ohio (Reuters)

Wed, 08 Sep 2010 01:16:59 -0400

Reuters - President Barack Obama will push billions of dollars in new business tax incentives and spending on big construction projects on Wednesday, as he tries to convince a balky Congress to pass measures intended to spur the economy and create jobs.

NYT > Business: Karzai Family Political Ties Shielded Bank in Afghanistan

Wed, 08 Sep 2010 00:44:40 -0400

President Hamid Karzai, his brother and another prominent set of brothers struck agreements that have publicly backfired.

Yahoo! News: Business: Financial Sheriffs to Monitor Banks, Markets in European Union (Time.com)

Wed, 08 Sep 2010 00:40:00 -0400

Time.com - A trio of financial sheriffs will oversee finance in the entire European market

NYT > Business: Obama Against a Compromise on Extension of Bush Tax Cuts

Wed, 08 Sep 2010 00:37:36 -0400

President Obama’s decision not to extend tax cuts for the rich adds a populist twist to an election-season economic package designed to entice support from big businesses and their Republican allies.

NYT > Business: As Stadiums Vanish, Their Debt Lives On

Wed, 08 Sep 2010 00:37:36 -0400

The old Giants Stadium carries about $110 million in debt, or nearly $13 for every New Jersey resident. There are similar stories for taxpayers across the nation.

Yahoo! News: Business: Asian shares slip as rising yen hits Nikkei (Reuters)

Wed, 08 Sep 2010 00:29:10 -0400

Reuters - Asian stocks fell on Wednesday, with Japan's big exporters among the heaviest losers as a rise in the yen to a new 15-year high threatens to erode their overseas earnings.

NYT > Business: Economic Scene: The Bears and the State of Housing

Wed, 08 Sep 2010 00:26:17 -0400

The difference between viewing housing as a luxury good or as a staple is the subject of a debate about the recovery.

NYT > Business: Consumer Reports Is Rating Surgical Groups

Wed, 08 Sep 2010 00:15:08 -0400

The magazine published ratings of 221 heart bypass surgical groups from 42 states online on Tuesday and will print them in its October issue.

NYT > Business: Bedbugs Bad for Business? Depends on the Business

Wed, 08 Sep 2010 00:09:14 -0400

Bedbugs are showing up in commercial settings, creating a bonanza for companies that deal with the scourge.

NYT > Business: Maersk to Use Cleaner Fuel in Its Hong Kong Shipping

Tue, 07 Sep 2010 23:50:02 -0400

Maersk Line, a Danish company, said it hoped to start a trend by having its ships use low-sulfur fuel when they are in pollution-heavy Hong Kong.

NYT > Business: Packaging Is All the Rage, and Not in a Good Way

Tue, 07 Sep 2010 23:34:41 -0400

Amazon is trying to get manufacturers to make packages easier to open, hoping to reduce consumer “wrap rage.”

NYT > Business: H.P. Sues Its Ex-Chief in New Job

Tue, 07 Sep 2010 23:34:41 -0400

The lawsuit comes a day after the former Hewlett-Packard chief executive was hired by Oracle, the database software maker.

NYT > Business: News Analysis: At ABC News After Westin, Risk and Opportunity

Tue, 07 Sep 2010 23:34:41 -0400

David Westin’s resignation as president represents, in the words of one long-time television news executive, “an inflection point” for the television news industry.

washingtonpost.com - Business: To consumer advocates, Obama's antitrust enforcement looks like more of the same

Tue, 07 Sep 2010 23:27:01 -0400

When President Obama took office, he promised to undo eight years of what he called the weakest antitrust enforcement in half a century. A year and a half later, consumer advocates are still waiting for the crackdown.

Competition law - President - United States - Barack Obama - Google

washingtonpost.com - Business: Obama proposal to fund infrastructure projects may hit election year wall

Tue, 07 Sep 2010 22:51:03 -0400

With the nation's bridges and highways crumbling under the weight of age, attempts to pass a new six-year transportation bill have faltered mostly because Congress can't figure out how to pay for it.

Infrastructure - Barack Obama - President - United States - Elections

washingtonpost.com - Business: HP sues ousted CEO Hurd over hiring by rival Oracle

Tue, 07 Sep 2010 22:40:03 -0400

An executive's sex scandal. His ouster. A bombastic billionaire competitor who redeemed him. And now a possible court battle over high-tech secrets.

HewlettPackard - Mark Hurd - Oracle - Oracle Corporation - Larry Ellison

washingtonpost.com - Business: Featured Advertiser

Tue, 07 Sep 2010 22:40:03 -0400