Job News From: Forbes

Forbes.com: Business News

2010 Bank FailuresAfter hours: Icahn makes hostile bid for Lions Gate; FDA issues Merck drug warning. China's Next BubbleLocal governments are looking scarily like Greece, California and Enron. The New Financial Crime WaveMortgage fraud is on the rise, along with bogus job counseling services and scams conducted over the Internet. Lloyds Lifts Bank SharesThe U.K. bank forecasts a return to profit, boosting financial stocks. A Season For Answers In The Auto IndustryAre sales truly on the rebound? Do Americans want small cars? Is there no end to Toyota's troubles? We should find out this spring. Innovation Lags In ChinaInstitutional barriers still inhibit China despite tremendous growth in science and technology. Palm Shares SlideAfter hours: Palm's CEO admits misstep; SunPower's profit dips. Tapping The Power Of The WindCEO of NYISO discusses New York's drive to harness wind energy. Tough Talk On YuanAmerica calls for more flexible Chinese currency as Greece reportedly seeks IMF help. E.U. Calls For ReformThe new competition commissioner, Joaquin Almunia, tackles economic policy in Europe. Billionaire Secrets: Arnon MilchanHow the Hollywood producer won over Wall Street. Leveraging FacebookOmniture co-founder, Josh James, on the evolution of social advertising. Japan Boosts StimulusCentral bank doubles cheap loans to banks as oil prices gain ground. Turkey's Financial RisksThe shelving of talks on an IMF deal could upset economic recovery. Blockbuster Tumbles On Bankruptcy ThreatAfter Hours: China's Focus Media narrows it loss. 'Obama, Come To Wichita'A message from the private aviation sector to the President. Art Of The $135 Million DealRonald Lauder on the Klimt painting he purchased and the value of sharing art. Inside An American Billionaire's CastleSteven Schonfeld's $90 million N.Y. estate boasts a nine-hole private golf course. Stocks Muddled Before FedAsia holds back ahead of U.S. economic assessment; Europe rises on new support for Greece. Financial Crisis Alters Russian BanksReduced funding and diminished growth are just two of the effects of the economic meltdown.

Job News From: Yahoo! Business

Yahoo! News: Business News Sun, 21 Mar 2010 11:39:37 GMT

China warns US against sanctions over currency (AP) AP - China's commerce minister warned the United States on Sunday against imposing trade sanctions over Beijing's currency controls, and said his country was likely to report a trade deficit in March. GM's SKorean unit recalling nearly 60,000 vehicles (AP) AP - General Motors is recalling nearly 60,000 automobiles in South Korea due to potential problems with steering wheels, fuel hoses and seats, the company's local unit and the government said Sunday. British Airways cabin crews strike for 2nd day (AP) AP - British Airways cabin crews walked off the job for a second day but the airline says its contingency plans are working well and more planes are taking off than expected. China to begin trial of 4 Rio Tinto employees (AP) AP - An Australian executive and three other employees of mining giant Rio Tinto face charges of stealing secrets and offering bribes in a Shanghai trial beginning Monday that is viewed as a barometer of China's handling of foreign business. ACORN sliding toward bankruptcy? (The Christian Science Monitor) The Christian Science Monitor - The indelible images of ACORN workers helping a faux pimp and prostitute set up a tax shelter for a brothel certainly played into the advocacy group’s slide toward bankruptcy, though its problems began long before last year’s scandal. Dems predict historic House vote on health care (AP) AP - House Democrats are predicting that a rare Sunday session will produce one of the most significant legislative triumphs in decades: passage of a historic bill to overhaul the nation's health care system to provide coverage to millions of people who currently lack it. London shares rise, boosted by Lloyds (AFP) AFP - Leading shares rose in early deals on Friday, boosted by state-rescued bank Lloyds' forecast of a return to profit in 2010 after two years of losses. Rising dollar hits prices of many commodities (AP) AP - A rising dollar hit prices of many commodities Friday after concerns about the global economy pushed up demand for safe assets. Earnings schedule for week of 03/22/10 (AP) AP - Major companies tentatively scheduled to report quarterly earnings next week: Thousands rally in Russia against economic policy (AP) AP - Thousands of people have rallied across Russia to denounce the government's economic policy and demand more freedom in a new challenge to the Kremlin reflecting increasing disillusionment and a growing potential for protests. Great Wolf to offer $225M of mortgage notes (AP) AP - Indoor waterpark resort company Great Wolf Resorts Inc. said Friday it plans to offer $225 million of first mortgage notes due 2017. Greek debt throws spotlight on civil service excess (AFP) AFP - The financial crisis rocking Greece has brought into focus the warped reality of the country's civil service, where a long tradition of political perks has bred fiscal disaster, analysts say. Syms names Joel Feigenbaum integration chief (AP) AP - Discount apparel retailer Syms Corp. on Friday named Joel Feigenbaum chief integration officer. House GOP calls for Fannie, Freddie phase out (Reuters) Reuters - Republicans in the House of Representatives on Friday recommended the country's top two mortgage finance companies, the recipients of a massive government bailout during the height of the financial crisis, be phased out in four years in order to restore stability to the housing market. Japan planning 14 nuclear plants: report (AFP) AFP - Resource-poor Japan is planning to build at least 14 nuclear power plants over the next 20 years to reduce its reliance on other countries for its energy needs, a report said Sunday. GM Daewoo 'to recall 58,000 vehicles in S.Korea' (AFP) AFP - GM Daewoo, the South Korean subsidiary of US car giant General Motors, Sunday recalled more than 58,000 vehicles because of defects, in the latest blow to Asia's crisis-hit auto industry. Out-Frenching the French (BusinessWeek) BusinessWeek - Ooh la la! Our family's INSEAD MBA (INSEAD Full-Time MBA Profile) experience feels like one intense Twilight Zone episode. Time has lost all value, and it's difficult to pinpoint when my husband, Mark, actually attended his first lecture. Was it four months ago or four days ago? Or has it been four years now? Standard calendars confirm the program commenced in September 2009, but the whirlwind of events that has transpired since then has aged me several years. ...

Job News From: NPR

NPR Topics: Business Sun, 21 Mar 2010 00:00:00 -0400

Gambling To Fix Pensions Can Lead To A Bigger BindPublic pension fund investing has changed a lot over the past few decades. They used to investment conservatively. Now, a lot of cities and states are trying to rebuild pension funds by resorting to chancy investments in foreign currency, junk bonds and margin trades. Pension Woes May Deepen Financial Crisis For StatesFrom Connecticut to California, pension funds for public employees lack the funding they need. A recent report from the Pew Center on the States put the tab for unfunded pension liabilities at $452 billion. The debacle could threaten the financial solvency of some states — and taxpayers are on the hook. Homeowners, A Shortcut To Short Sales Is ComingSpring is the peak time for home sales, and, as the season begins, the federal government is launching a program to help the real estate market bloom again. Starting April 5, homeowners who qualify will get help selling their homes through a short-sale process rather than having to face foreclosure. State Pension Underfunding Before The Great RecessionHow many years would it take for each state to make good on its pension promises if it spent all its tax revenue on pensions, and nothing else? In 2007, every state had some catching up to do. Since then, pension assets for some funds may have recovered, but liabilities have also grown. Mom-And-Pop Site Busts The Web's Biggest MythsYou'd think it would take an army to truth-squad the rapid-fire rumors of the World Wide Web. But at Snopes.com, that task falls to husband-and-wife myth debunkers David and Barbara Mikkelson. Lunar Rover Is Spotted For First Time In 37 YearsVideo game developer Richard Garriott bought the broken Soviet lunar rover at an auction in 1993 — this week, thanks to new photos released by NASA, he's been able to see it on the moon for the first time. Letter: Lehman's Accounting Tricks Possibly IllegalA Lehman Brothers whistleblower warned his bosses that accounting gimmicks the bank used before its collapse may have been illegal, his lawyer said Friday. Obama Rallies: 'We Have Waited Long Enough'President Barack Obama packed the Patriot Center at George Mason University in Fairfax, Va., Friday for one more health care rally. Speaking to students in a swing state, Obama hoped to put a bit of his campaign magic on the legislative drive to overhaul the nation's health care system. 'American Idol For Nerds' Pits Inventors' Business PlansGeorgia Tech has what some call an American Idol for Nerds. It's a competition to encourage undergraduates to invent usable items. Winners of "InVenture" get $15,000. Students must not only have a shiny invention, but also a marketing and business plan. This is the second year the college is having this competition. Susanna Capelouto of Georgia Public Broadcasting reports. ABC News Under Fire For Payment To Murder SuspectThe attorney for Casey Anthony, who is accused of killing her daughter, told a court Thursday that ABC News had paid Anthony $200,000 for exclusive rights to reproduce family photos and a video. Several journalists said ABC's failure to tell viewers of the payment for the pictures was an ethical lapse. Parents Fight For The Right To Sell Treats At SchoolNew York City parents want the right to bake their cake and sell it, too, after officials began enforcing a once-a-month limit on PTA bake sales during the school day. Schools say they're trying to balance health with the need to find ways to fund programs. But parents say their treats are more wholesome than the prepackaged foods that schools do allow. 'Repo Men:' Metaphor For Health Care Overhaul?Film critic Mia Mask says the new movie Repo Men is a science fiction flick that comments on two prominent policy issues: health care overhaul and the regulation of the financial industry. Mia Mask teaches film at Vassar College, and is the author of Divas on Screen. FDA Restricts Marketing Tobacco To YouthThe FDA has issued the first regulations since Congress gave the agency power to regulate tobacco. The regulations clamp down on the marketing of cigarettes to children and teenagers. The new rules prohibit a number of ad strategies like giving way hats and T-shirts with tobacco logos. Plus, no more selling of cigarettes in certain vending machines where kids can get at them. Undecided Lawmakers Targeted For Their Health VoteOn Capitol Hill, a few dozen House members are trying to decide how to vote on health care — while hundreds of advocates and thousands of e-mails are trying to sway them one way or the other. The House is expected to vote on its health care overhaul legislation on Sunday. Universal Music To Test Lower Price Of CDsThe world's largest music company is lowering the price of CDs. Universal Music is rolling out a test to see whether a $10 price ceiling will encourage consumers to buy more compact discs. Over the last decade, CD sales have dropped by more than half.