Job News From: Forbes

Forbes.com: Business News

La Reine De La Richesse Dominique Senequier is France's leading lady of private equity. She didn't get there by being demure. Under-the-Counter Market Financial traders are forever suspicious that the brokers supposedly serving them are undermining their orders. Claims in a salacious derivatives market battle may bear out their fears. Brown-Forman's Tequila Deal Has A Bad Aftertaste Patient Power If you are told you have an incurable disease, you might be motivated to help find a cure. Taking Aim at Brain Cancer Smarter matching of drugs to patients is likely to improve on the lukewarm results seen so far with targeted cancer therapies.

Job News From: Yahoo! Business

Yahoo! News: Business Fri, 29 Aug 2008 00:18:39 GMT

Economy shows vigor in Q2, but seen flagging (Reuters) Reuters - Strong exports and consumer spending supported by government stimulus checks drove the U.S. economy up at a solid 3.3 percent annual rate in the second quarter, much faster than first thought, but growth is expected to flag as those factors fade. Dell profits disappoint as tech spending weakens (Reuters) Reuters - Dell Inc posted a surprisingly steep drop in quarterly earnings on Thursday and said companies around the world are cutting back on technology spending, sending its shares tumbling 10 percent and sparking fears of weakness in the whole tech sector. Boeing makes "best and final offer" to union (Reuters) Reuters - Boeing Co said on Thursday it made its "best and final" contract offer to its largest labor union, including concessions the aerospace manufacturer hopes will help avert a strike. Marvell beats Street but posts weak outlook (Reuters) Reuters - Diversified U.S. chipmaker Marvell Technology Group Ltd gave a conservative outlook for the third quarter, sending shares lower, even after it posted better-than-expected profit helped by increased sales in the wireless and storage sectors. Lehman looking at cutting some 1,200 jobs: source (Reuters) Reuters - Lehman Brothers Holdings Inc is looking at cutting some 1,200 jobs in its latest round of cost cutting, a person familiar with the matter said, as weak financial markets spur layoffs across Wall Street. Audit shows China's government mismanaged $6.7 billion (Reuters) Reuters - Chinese central government departments misused or mismanaged more than 46 billion yuan ($6.73 billion) last year, including using disaster relief money to build government offices and diverting funds to speculate in stocks, the National Audit Office said on Thursday. Thornburg survival in doubt, sees completing tender (Reuters) Reuters - Thornburg Mortgage Inc , a specialist in jumbo home loans, said its survival remained in doubt following additional margin calls, but it is on track to complete a restructuring and avoid collapse. Sears' 2Q profit drops 62 percent (AP) AP - Beleaguered retailer Sears Holdings Corp. reported a hefty drop in second-quarter profit as sales slumped, despite a restructuring aimed at drawing back shoppers who've taken their checkbooks elsewhere.

Job News From: NPR

NPR Topics: Business Thu, 28 Aug 2008 17:11:00 -0400

Economic Growth Spurs Concerns Over InflationWith higher than expected economic growth, economists remain concerned about inflation. Some think the economy is facing enough head winds to keep it in check. Others say the strong GDP numbers mean the economy hasn't slowed down enough yet to curb inflation. Florida's Tourism Executives Revisit Offshore DrillingFlorida's biggest business is tourism, and its beaches are the state's crown jewel. The state's tourism industry has strongly opposed offshore oil drilling, but in September, an annual tourism convention will focus on the risks and rewards of this practice. In Minnesota, Two DreamsOn the anniversary of Martin Luther King's I Have a Dream speech, we meet with two families — each striving for the American dream. Though they live just 10 miles apart, they face very different circumstances. One is well off, the other poor; one is black, one white. But they both value education and want a better life for their children. 'Marketplace' Report: Relief For Porn AddictsIn the newest test version of Microsoft's forthcoming Internet Explorer, consumers will have the option to surf without a "history." There are benefits to this feature beyond just prolonging marriages. Real Estate Agents Cater To Bicycle CommutersWith gasoline prices still high, many people are looking to move to areas with good bike lanes and bicycle stores. Real estate agents are catering to the niche market by donning helmets and hopping on two wheels to show off houses in bike-friendly neighborhoods. But not all agents are so eager to ditch their suits and cars. Bankruptcy Filings Jump, Most For IndividualsNearly a million people filed for bankruptcy in the year ending in June, up nearly 30 percent from the same period last year. Some of the bankruptcies are businesses, but most are individuals. Analysts say the weak housing market and widespread credit card debt are forcing more people to seek court protection from their creditors. U.S. Economy Beats Growth ExpectationsThe U.S. economy grew at a better than expected 3.3 percent rate in the second quarter, according to a report Thursday from the Commerce Department. But tax rebate checks and the weak dollar fueled the boost, and experts don't expect the healthy economic growth to last. Newspaper's Woes Hit Journalists' Training GroundFor a century, University of Missouri journalism students have learned the craft by working at the Columbia Missourian. But now that newspaper's troubles could lead to big changes and take away a training ground for student journalists. Bracing For A Second Wave Of Home ForeclosuresThere is growing concern that the home foreclosure crisis may worsen next year as lenders are hit by a new category of loans that haven't caused much trouble. Bank analysts say they expect delinquency rates on so-called "option ARMs" to continue rising, and those loans could cause as much trouble as subprime loans did. Fannie Mae Shuffles Top ExecutivesTroubled mortgage finance giant Fannie Mae has announced a management shakeup, but its chief executive will keep his job. Fannie Mae has been struggling to persuade investors that it has the capital to keep operating and avoid a government bailout. The McEnroe Rule: Less Punditry Is MoreSportscaster John McEnroe, who as a tennis champ was known for his temper tantrums, has declared that in covering a great match, sometimes the key is to withhold comment till things play out. If only his brethren in the cable news world followed suit more often in covering politics. 'Marketplace' Report: Broke BanksThe number of shaky U.S. banks is at the highest level in about five years and bank profits plunged by 86 percent in the second quarter according to the Federal Deposit Insurance Corporation. Madeleine Brand talks to Marketplace's Bob Moon about how to keep your money safe. A Battle To Be The Biggest StadiumFor decades, University of Michigan's football stadium, known as "The Big House," has had the largest capacity of any venue in the country. An accessibility lawsuit is reducing its capacity, leaving the title to Penn State's Beaver Stadium. So Michigan is spending $226 million on improvements to include more seats. Barbie's Maker Wins $100 M In Bratz LawsuitA federal jury awarded $100 million to Mattel, maker of Barbie dolls, after a long-running legal battle with a smaller toy company, MGA, that sells Barbie's competitor. Mattel says the Bratz dolls' designer conceived the idea while on Mattel's payroll, meaning Bratz and their earnings should belong to Mattel. Mattel had sought nearly $2 billion. Poverty Rate Reflects Stalled Economy, Experts SayThe U.S. Census Bureau reports real median household income rose slightly last year, and the official poverty rate stayed roughly the same as in the previous survey. The share of people without health insurance dropped slightly, as well. Some budget experts say the numbers demonstrate that the economy has stopped expanding.