Megite Business News: What's Happening Right Now

Boomer Retirement

Mon, 22 Aug 2011 18:42:41 PDT

Historical data indicate a strong relationship between the age distribution of the U.S. population and stock market performance. A key demographic trend is the aging of the baby boom generation. As they reach retirement age, they are likely to shift from buying stocks to selling their equity holdings to finance retirement. Statistical models ... (Read on Source)

Exclusive: Goldman CEO hires high-profile attorney

Mon, 22 Aug 2011 18:42:41 PDT

WASHINGTON (Reuters) - Goldman Sachs Chief Executive Lloyd Blankfein has hired Reid Weingarten, a high-profile Washington defense attorney whose past clients include a former Enron accounting officer, according to a government source familiar with the matter. (Read on Source)

DealBook: UBS to Slash 3,500 Jobs

JULIA WERDIGIER — Tue, 23 Aug 2011 11:48:16 GMT

The embattled Swiss bank, said Tuesday that it would cut 3,500 jobs over the next two and a half years to reduce its costs. (Read on Source)

Exclusive: Apple suppliers building cheaper, 8GB iPhone

Tue, 23 Aug 2011 04:42:58 -0400

TAIPEI/HONG KONG (Reuters) - Asian suppliers to Apple Inc have begun manufacturing a lower-priced version of its hot-selling iPhone 4 with a smaller 8 gigabyte flash drive, according to two people with knowledge of the matter. (Read on Source)

President of embattled S&P steps down

Tue, 23 Aug 2011 13:15:37 GMT

The announcement follows reports of a Justice Department investigation and the rating agency's downgrade of U.S. debt. (Read on Source)

In Spain, design your own clothing via 3D simulator

Springwise — Tue, 23 Aug 2011 11:55:10 +0000

Crearmoda allows users to design their own clothing using a 3D simulator, and then offer up those designs for voting and incorporation by others. (Read on Source)

Libya rebels close in on Gaddafi compound

Tue, 23 Aug 2011 09:19:01 -0400

TRIPOLI (Reuters) - Libyan rebels battled on Tuesday around Muammar Gaddafi's headquarters, where a son of the veteran leader had emerged overnight to confound reports of his capture and to rally cheering loyalists for a rearguard fightback. (Read on Source)

Too Bad Banks Missed Out On the GM Treatment

Tue, 23 Aug 2011 07:53:26 -0500

GM history in the second half of the 20th century is a story of executive arrogance, missed opportunities, poor decision-making and reckless finance. After WW2, everyone was making money hand-over-fist, and GM became known as “Generous Motors.” Starting in the mid-1950s, rather than risk a strike that could slow production and sales, ... (Read on Source)

Five Easy Pieces of Online Identity

Tue, 23 Aug 2011 13:10:57 GMT

Every Internet service that has a concept of users has to deal with identity. And for anything social (which seems like everything these days) identity is a huge part. For the Internet as a whole, there are battles waging to "own" identity—or, at the very least, not let someone else own it. And there have been efforts for years to make ... (Read on Source)

Indentity, Authentication, and Provisioning Them Online

Tue, 23 Aug 2011 13:10:57 GMT

Christina jotted down some thoughts on indentity on a flight to SF and I read them this morning. In her post, she references Ev's excellent post on the same topic from a while back. So I went on a bike ride as the sun rose over the east end of long island and thought a bit about all of this. (Read on Source)

5 Metrics to Measure the Health of Your Community

Tue, 23 Aug 2011 9:01 -0400

Sure, you’re active in social media, but as a responsible small business owner you know that it’s your site and your own community where you should be building your home base. This is where you direct people you meet in other outlets and it’s where you’re trying to form the real conversations and conversions, because this is the only site ... (Read on Source)

China manufacturing picks up

Tue, 23 Aug 2011 08:25:29 EDT

China's manufacturing sector improved in August, but growth remains sluggish, according to a bank report issued Tuesday. (Read on Source)

Heinz 1Q net income falls on charges, revenue up

Tue, 23 Aug 2011 13:15:24 GMT

[AP] - H.J. Heinz's first-quarter net income slipped 6 percent as it shuttered plants, but the company still topped Wall Street expectations thanks to sales in emerging markets. (Read on Source)

ING Adding Paper Checks

2011-08-23T12:31:11Z

I have wondered for a long time why they didn’t do this, so I am glad they are adding this feature. This was one of the things that kept me from having them be my main checking account. There are still several places that I have to use checks (remember I am in Amish country!). (Read on Source)

Stocks rally on hopes for China growth

Tue, 23 Aug 2011 12:44:39 GMT

Dominant tone is ‘risk on’, with perceived havens such as the US dollar weaker, but gold hits $1,900 an ounce for first time (Read on Source)

Dripping Springs superintendent to retire

Tue, 23 Aug 2011 08:01:00 -0400

Dr. Mard Herrick has led the district since July 2006. He has been involved in education for almost 36 years and previously served as superintendent for San Antonio Southside and Palestine. (Read on Source)

Movers & Shakers: Tuesday’s biggest gaining & declining stocks

Tue, 23 Aug 2011 08:32:58 -0500

Focus Media Holding Ltd.’s /quotes/zigman/97560/quotes/nls/fmcn FMCN -1.16% U.S-listed shares climbed 7% a day after the Chinese digital-media company reported a spike in second-quarter earnings from the year-ago period. (Read on Source)

S&P president departing at year’s end

Melanie Turner — Tue, 23 Aug 2011 13:13:15 +0000

Deven Sharma, who presided over Standard & Poor’s first downgrade of the U.S. credit ranking, will be replaced by Douglas Peterson, Citibank NA chief operating officer Sharma told the Washington Post in an email that he is leaving to pursue other opportunities. (Read on Source)

Don't count U.S., Japan out, Biden tells the world

Tue, 23 Aug 2011 09:12:12 -0400

SENDAI, Japan (Reuters) - U.S. Vice President Joe Biden visited Japan's quake-hit northeast on Tuesday and said the country would recover from the disaster just as the United States would overcome its debt crisis, warning doubters not to count the two countries out. (Read on Source)

Wall Street looks set for second day of gains

Tue, 23 Aug 2011 12:55:50 GMT

[AP] - Stock futures are rising, potentially setting up another day of gains on Wall Street. Roughly one hour ahead of the opening bell, Dow Jones industrial average futures are up 101 points, or 1 percent, to 10,948. (Read on Source)

London Markets: Wood Group, G4S lead London higher

Tue, 23 Aug 2011 08:50:35 -0500

LONDON (MarketWatch) — Britain’s benchmark stock index rose Tuesday, led by security provider G4S PLC and engineering firm John Wood Group PLC after both reported strong first-half results. (Read on Source)

Report: NFL Halts 49ers-Raiders Preseason Series Due To Fan Thuggery

Phil Villarreal — 2011-08-23T12:45:00Z

After fan violence at Saturday's San Francisco 49ers-Oakland Raiders preseason football game left two people in critical condition, the NFL will reportedly take the ball away from the Bay Area, placing the traditional game on hold. The league is expected to quietly do away with the preseason game for at least the next couple years. According to ... (Read on Source)

Before the Bell: China, Fed, airlines in spotlight

Tue, 23 Aug 2011 08:45:03 -0500

U.S. stock index futures point to a higher start for Wall Street after data indicate that Chinese manufacturing activity didn’t contract as much as feared in August. (Read on Source)

Medtronic reports slight dip in earnings

Tue, 23 Aug 2011 12:36:09 GMT

Medtronic Inc. said Tuesday that quarterly earnings dipped 1 percent due to sluggish sales of pacemakers, defibrillators and devices used in spine surgery. (Read on Source)

A Long Wait Gets Longer

SUSAN STELLIN — Tue, 23 Aug 2011 06:52:47 GMT

The travel industry worries that some American security policies are discouraging foreigners from flying to the United States. (Read on Source)

On the Road: Some Travel Problems In Need of Solutions

JOE SHARKEY — Tue, 23 Aug 2011 06:52:19 GMT

Airfares are rising and hotel Wi-Fi remains overpriced and sluggish, but at least efforts are being made to speed up airport security checks. (Read on Source)

German investor confidence dives further

Tue, 23 Aug 2011 13:06:11 +0100

German investor confidence slumped in August for the sixth month in a row to levels last seen in late 2008. (Read on Source)

Toyota debuts new Camry amid tough competition

Tue, 23 Aug 2011 10:19:15 +0000

DEARBORN, Michigan (AP) — Toyota plans to unveil its first redesign of the Camry in five years on Tuesday. While it promises new technology and other upgrades, America's best-selling car faces a fight to stay on top. (Read on Source)

Mortgage Delinquencies by Loan Type

Tue, 23 Aug 2011 08:58:25 EDT

By request, the following graphs show the percent of loans delinquent by loan type: Prime, Subprime, FHA and VA. First a table comparing the number of loans in Q2 2007 and Q2 2011 so readers can understand the shift in loan types. (Read on Source)

Rupee gains 4 paise vs US dollar

Tue, 23 Aug 2011 12:57:37 GMT

The rupee on Tuesday gained 4 paise to close at 45.63/64 against the US dollar on dollar selling by exporters and firm equity markets. (Read on Source)

Strategic Briefing | | Soaring Gold Prices

Jp — 2011-08-23T11:51:02Z

Gold Tops $1,910 for First Time Bloomberg | Aug 23 “Gold has continued to blast ahead even with a relatively strengthening U.S. dollar, strongly performing treasuries and other safe havens,” Peter Richardson, chief metals economist at Morgan Stanley Australia Ltd., said by phone from Melbourne. “All of that tells me that this is really all ... (Read on Source)

Warren Buffett Is Right On Taxes -- But It Is Not About Fairness

Chunka Mui — Tue, 23 Aug 2011 12:41:33 GMT

At the heart of every complicated strategy are a few critical assumptions upon which those strategies turn. Get the assumptions right, and you still have a lot of work to do. Get them wrong, and almost nothing else matters. Assume, for example, that film is a growth business in the face of digital photography, and you?ll squander billions looking ... (Read on Source)

Six key Libyan assets in Europe

Tue, 23 Aug 2011 12:35:25 GMT

The main vehicle for the Gaddafi's wealth is the $70bn (£42.4bn) Libyan Investment Authority (LIA), a “sovereign wealth fund” set up in 2006 to spend the country’s oil money. (Read on Source)

Drapper Snappers Fix Saggy Toddler Pants

Angela Shupe — Tue, 23 Aug 2011 12:32:21 +0000

When your toddler’s pants begin to droop, what do you do? Sometimes parents use a built in adjuster that makes the pants bunch up. Others may try tying loops together to make the waist tighter. Michelle Cazella invented Drapper Snappers. The Drapper Snappers are made to be easy on parents and even easier on the [...] (Read on Source)

Mortgagestrategy: Banksâ€™ gross mortgage lending down 8% year-on-year

2011-08-23T11:27:46Z

High street banks have reported gross mortgage lending of Â£7.6bn in July, 8% lower than the Â£8.3bn of lending in July 2010. On a monthly basis, gross mortgage lending remained largely stable compared to June. However, the number of remortgage approvals in July was higher than in June and 14% higher than July 2010. .The BBA says reports ... (Read on Source)

Verizon Strike May Be Over, But Work Stoppage Will Hit Jobs Report

Phil Villarreal — 2011-08-23T12:15:00Z

The 45,000 striking Verizon workers agreed to return to their jobs earlier this week while a contract is ironed out, but the time away from their posts could have far-reaching effects on the economy. Because the workers were off the job the week the Labor Department surveyed employers, they won't count among the ranks of the employed for the ... (Read on Source)

Please tax us, French super-rich urge

Tue, 23 Aug 2011 13:07:55 +0100

Some of France's richest people, including the billionaire heiress of L'Oreal and the head of oil major Total, urged the government to tax them more to help solve the country's financial problems. (Read on Source)

Build A Better Rapport For Networking

Tue, 23 Aug 2011 03:31:00 CST

Do you find you seem to rub people up the wrong way while at networking events? Do you normally get on with people in your social circles? If the answer is “Yes” to both those questions, consider these possibilities: (Read on Source)

Free 50,000 Membership Rewards Points Worth $500+: New Business Gold Rewards Card from American Express OPEN

Jonathan — Tue, 23 Aug 2011 12:01:44 +0000

Ready for another one? American Express just announced a limited-time 50,000 Membership Rewards point bonus for their New Business Gold Rewards Card from OPEN, which is one of their upscale-oriented charge cards for small businesses where you must pay off the balance each month but you get the famous AmEx perks like purchase price protection, [...] (Read on Source)

WESCO International, Inc. Announces New $400 Million Revolving Credit Facility and Amendment to $450 Million Accounts Receivable Facility

LLC. — Tue, 23 Aug 2011 09:15:00 EDT

PITTSBURGH, Aug. 23, 2011 /PRNewswire/ -- WESCO International, Inc. (NYSE: WCC), a leading provider of electrical, industrial, and communications MRO and OEM products, construction materials, and advanced supply chain management and logistics services, today announced that its... (Read on Source)

That Standard & Poor's Google Downgrade Sure Didn't Last Long

Phil Villarreal — 2011-08-23T12:00:00Z

Last week Standard & Poor's took Google down a peg after it announced a $12.5 billion acquisition with Motorola Mobility by downgrading Google's stock from "buy" to "sell" and lowering its target price from $700 to $500. When Google's price dipped below that Target, S&P reversed course. According to the AP , S&P has upped Google's rating to a " ... (Read on Source)

Markets rise on Fed stimulus hope

Tue, 23 Aug 2011 11:59:58 GMT

Stock markets and gold rally, while the dollar falls, as markets anticipate more cash injections by the US Federal Reserve. (Read on Source)

Buzztime Goes for a Touchdown with New Football-Themed Bar Game

LLC. — Tue, 23 Aug 2011 09:14:00 EDT

CARLSBAD, Calif. Aug. 23, 2011 /PRNewswire/ -- NTN Buzztime, Inc. (NYSE Amex: NTN), a leading social entertainment and integrated marketing platform for bars and restaurants, is pleased to announce the launch of the company's newest professional football game, The Season, to its entire... (Read on Source)

MeringCarson plans marketing blitz for nonprofits

Melanie Turner — Tue, 23 Aug 2011 13:13:47 +0000

Seven Sacramento-area nonprofit organizations are set to benefit from free marketing and creative services provided by MeringCarson in a 24-hour creative blitz set for next month. The event, which kicks off Sept. 15, is part of CreateAthon, a national event that has marketing agencies working pro bono for nonprofits that otherwise would not be ... (Read on Source)

Die Ukraine feiert 20 Jahre Unabhängigkeit mit Blick auf eine europäische Zukunft

LLC. — Tue, 23 Aug 2011 09:13:00 EDT

KIEW, Ukraine, August 23, 2011 /PRNewswire/ -- Der morgige Tag ist ein Wendepunkt in der Geschichte der Ukraine. Das Land bereitet sich auf die Feierlichkeiten zum 20. Jahrestag der Befreiung von der Sowjetherrschaft vor. Der bemerkenswerte Aufstieg der Ukraine von einer ehemaligen... (Read on Source)

Integrating Two Companies? Don't Lose Sight Of The Customer

Neil Baron — Tue, 23 Aug 2011 08:12:43 EST

While increased M&A activity may be celebrated in many corners, there is cause for concern since the pre-merger hype does not always live up to the post-merger reality. Google recently announced that it was buying Motorola Mobility, yet another indication that mergers and acquisitions are back in style. In fact, M&A activity is on track for ... (Read on Source)

BNY Mellon Clearing joins CME Group

Patty Tascarella — Tue, 23 Aug 2011 13:12:06 +0000

BNY Mellon Clearing Tuesday announced that it has joined CME Group Inc. as a clearing firm member in order to clear over-the-counter interest rate swaps on behalf of its institutional clients. BNY Clearing is part of the Bank of New York Mellon Corp., New York City. BNY Mellon (NYSE:BK) is among the largest financial institutions serving ... (Read on Source)

HSBC eyes sale of Canadian brokerage

Tue, 23 Aug 2011 13:10:57 GMT

Banking giant HSBC Holdings PLC HBC-N is fielding offers for part of its Canadian unit, signalling that its massive worldwide restructuring is unlikely to leave its operation here untouched. (Read on Source)

Switzer launching four new movie channels

Tue, 23 Aug 2011 9:01 -0400

Former CHUM CEO plans specialty channels as cable, satellite companies look to fight back against Netflix and other internet video companies (Read on Source)

How Nissan zoomed to the front of the pack

Tue, 23 Aug 2011 08:58:25 EDT

FORTUNE -- Japan's auto industry has been battered by disasters natural and unnatural unlike this year. A tragic earthquake and a steroidal yen have wreaked havoc on the bottom lines of major firms Honda and Toyota. The exception? Nissan. The perennial third place finisher has proven resilient, gaining market share and garnering acclaim in the U.S. (Read on Source)

Eurozone manufacturing contracts

Tue, 23 Aug 2011 12:57:11 GMT

Manufacturing activity in the eurozone shrank in August for the first time in two years, a survey suggests. (Read on Source)

NC judge mulls US Airways claim of pilot slowdown

Tue, 23 Aug 2011 05:55:00 PDT

(08-23) 05:55 PDT Charlotte, N.C. (AP) -- A federal judge in North Carolina says he'll rule soon on a lawsuit by US Airways claiming its pilots are staging an illegal work slowdown. The Charlotte Observer reported... (Read on Source)

How Dogs Beat Doctors in Identifying Early-Stage Lung Cancer

David DiSalvo — Tue, 23 Aug 2011 12:42:36 GMT

With a little training, your dog could have a promising future as a biochemist. A new study in the European Respitory Journal shows that dogs are better at sniffing out the early markers of lung cancer than the latest medical technologies at our disposal. Lung cancer is the second most frequent (Read on Source)

H&R Block Sells Unit for $610 Million

DEALBOOK — 2011-08-23T12:37:12Z

H&R Block said on Tuesday that had agreed to sell nearly all the assets of its accounting and consulting firm unit, RSM McGladrey, to a partner, McGladrey & Pullen, for $610 million. (Read on Source)

Pure Storage brings hard disk pricing to Flash storage

Stacey Higginbotham — Tue, 23 Aug 2011 12:35:57 +0000

Pure Storage, a startup offering enterprises a storage array comprised entirely of Flash memory, promises to change the economics around Flash memory and push hard drives out of the performance storage market. The company just announced $30 million in funding and detailed its product. (Read on Source)

ETrade Broker Wins Flash Crash Exxon Customer Arbitration, Maybe?

Bill Singer — Tue, 23 Aug 2011 12:35:11 GMT

In a Financial Industry Regulatory Authority (?FINRA?) Arbitration Statement of Claim filed in October 2010, Claimants Roseann and Charles Lee (represented during the arbitration by Mr. Lee) sought $30,000 in compensatory damages and $20,000 in punitive damages. The Lees' claim appears to have something to do with (Read on Source)

Workers 'abused' at SA vineyards

Tue, 23 Aug 2011 11:18:55 GMT

Workers helping to make South Africa's renowned wines are subject to human rights abuses including unsafe working conditions, a report says. (Read on Source)

DealBook: Foster's Moves to Thwart SABMiller's Hostile Bid

JULIA WERDIGIER — Tue, 23 Aug 2011 12:31:11 GMT

In a bid to fend off a takeover attempt by SABMiller, the Australian brewer Foster's said on Tuesday that it would return at least $525 million to investors. (Read on Source)

Daily mail: Banks close three branches a week:

2011-08-23T12:31:11Z

The scale of bank branch closures was exposed yesterday when it was revealed that three are being axed each week. The big names â€“ Santander, Barclays, HBOS, Northern Rock, Royal Bank of Scotland and NatWest â€“ had 9,496 high-street outlets between them in 2009. But, according to a report from the British Bankersâ€™ Association, ... (Read on Source)

Young Entrepreneur Has A Better Idea. Now What?

Tue, 23 Aug 2011 08:30:00 -0400

Meredith Perry, 22, is the founder of uBeam, a startup centered around her invention — a wireless recharging system for laptops, smartphones and other devices. She's hiring, meeting with investors and dealing with companies interested in her innovation. But she faces crucial decisions, and the success of her startup is riding on them. (Read on Source)

EU APNewsAlert

Tue, 23 Aug 2011 05:30:00 PDT

(08-23) 05:30 PDT BRUSSELS, Belgium (AP) -- NATO: The situation in Tripoli is still 'very serious and very dangerous.' (Read on Source)

Over 5,000 Children A Year Fall From Windows, Need Emergency Care

MB Quirk — 2011-08-23T12:30:00Z

Protective parents take note -- it's not just staircases, electrical outlets and sharp edges in your home you need to keep your kids away from. Over 5,000 children each year fall out of windows and end up in the emergency room. Time cites new research that shows 5,200 kids per year end up needing medical attention from falls from windows. Or, 14 ... (Read on Source)

Surveys Show Growth in Europe Is Nearly at Standstill

JACK EWING — Tue, 23 Aug 2011 12:28:17 GMT

But analysts said the data did not yet prove that the euro region was headed for a recession. (Read on Source)

German exporters lead Europe higher

Tue, 23 Aug 2011 12:25:06 GMT

FTSE Eurofirst rises by over 1 per cent, with MAN rallying after Volkswagen says it expects regulatory approval for takeover this year (Read on Source)

Surprise boost for manufacturing

Tue, 23 Aug 2011 13:22:17 +0100

The manufacturing recovery received a surprise boost today after a survey showed that demand from overseas helped lift orders this month. (Read on Source)

Fuel-Cell Startup ClearEdge Scores $73.5 Million From Investors

Todd Woody — Tue, 23 Aug 2011 12:21:52 GMT

ClearEdge Power, a Hillsboro, Ore., startup that makes small-scale fuel cells, has scored $73.5 million in one of the bigger green tech funding rounds of the year. (Read on Source)

Shropshire star: Shropshire dairy firm Uniq to shed 350 jobs

2011-08-23T12:15:53Z

DAIRY FIRM Uniq is to shed 350 jobs at its Shropshire site, it announced today. (Read on Source)

Study: Ambitious Goals Make People Happier

Courtney Rubin — Tue, 23 Aug 2011 07:00:00 -0400

Set ambitious goals, says a study. As if you needed another reason to aim high: Ambition makes you happier, says new research. People who set themselves ambitious goals tend to be more satisfied than those with lower expectations, says a study published online in the Journal of Consumer Research. (It will appear in the December print edition.) ... (Read on Source)

Strong growth in visitor numbers in Q2

Tue, 23 Aug 2011 13:13:04 +0100

The number of trips made to Ireland in the second quarter of this year rose by 15.6% compared with a year earlier. (Read on Source)

Market in the Gruesome

Phil Miller — 2011-08-23T07:08:24-05:00

An entrepreneur is selling soil from a serial killer's home in Cleveland, outraging victims' families. The Plain Dealer reports Eric Gein of Jackson, Fla., had an associate fill two sandwich bags with dirt from Anthony Sowell's (SOH'-wehlz) house two weeks... (Read on Source)

Times: Treasury adviser calls for property tax

2011-08-23T12:07:00Z

A leading economic adviser with links to the Treasury today called on the Government to introduce a wealth tax on property which could cost average householders Â£2,000 a year, after his organisation warned that house prices in the UK are overvalued by as much as 20 per cent.Martin Weale, now a member of the Monetary Policy Committee, says ... (Read on Source)

Advocates Urge Easier Visa Policies To Boost Startups

Tue, 23 Aug 2011 08:01:00 -0400

The White House recently announced more flexible visa granting policies for entrepreneurs—in the hopes they will come here, start new companies and create new jobs. But experts say the changes won't do enough and many entrepreneurs will go elsewhere. (Read on Source)

When The Doors Close

Angela Shupe — Tue, 23 Aug 2011 12:00:02 +0000

We often mention companies who have just gotten started. However, what about the companies that do not make it? When Christina Ross started her company last year, she was filled with high hopes. This year she had to close up shop, and The Local took a closer look at the reason why. The Local: Why [...] (Read on Source)

Q&A: Tough Lessons For a Local Food Entrepreneur

Tue, 23 Aug 2011 12:00:02 +0000

Kyle Thomas McGovern Just Taste It has been closed for several weeks, according to the owner, Christina Ross. Last week, a commenter pointed out that Just Taste It, a comfort food storefront on Fulton Street, looked closed for business. (Read on Source)

Do Municipal Bonds Have a Place in My Portfolio?

Tue, 23 Aug 2011 06:00:00 CST

Consider the tax implications before adding a muni investment to your portfolio.

(Read on Source)

10 Stocks to Consider from Berkshire's Latest Portfolio

Tue, 23 Aug 2011 06:00:00 CST

When we relaunched the Ultimate Stock-Pickers concept back in April 2009, we had no idea that the market was about to take us on a very wild ride. After rising close to 30% during the last seven months of 2009, the S&P 500 Index rose another 15% in 2010, but not without its fair share of volatility, as the European credit crisis and its ... (Read on Source)

Owner of campaign bus company: Secret Service hurting my business

Tue, 23 Aug 2011 11:36:01 GMT

Alex Pappas is a political reporter at The Daily Caller. His work has also appeared in the Press-Register in Mobile, Ala. and The Washington Examiner in D.C. He's a graduate of The University of the South in Sewanee, Tenn. (Read on Source)

Investable Benchmarks

Tue, 23 Aug 2011 11:36:01 GMT

We based the efficient multi-asset class (eMAC) portfolio on David Swensen’s recommendation in ”Unconventional Success“ and his revisions. Swensen’s performance managing Yale University’s multi-billion dollar endowment fund is leading Wall Street in many respects and his views have significantly broadened ... (Read on Source)

Possible deal for 'dead' Highland Park broker

Tue, 23 Aug 2011 06:28:00 CDT

A lawyer for a man arrested in Las Vegas 32 years after vanishing in Illinois says a plea deal could spare his client a felony identity theft and fraud trial. (Read on Source)

MTNL Delhi raises Rs 500 cr from banks to repay debts

Tue, 23 Aug 2011 11:24:03 GMT

State-owned telecom major MTNL Delhi on Tuesday said it has raised Rs 500 crore from various banks that will be used to repay debts and meet operational expenses. (Read on Source)

How to Control Your Taxes

Jim — Tue, 23 Aug 2011 11:23:53 +0000

Over the weekend, there was an article on the homepage of CNN that teased an opinion piece by Lou Zickar on “What taxpayers want.” The teaser said that “In every budget, there is only one item over which a family has no control: what they pay in taxes.” That’s wrong. You and I don’t have [...] How to Control ... (Read on Source)

Morning business round-up

Tue, 23 Aug 2011 11:16:51 GMT

Our daily morning business round-up looks at the main stories in Europe and Asia, including gold hits a record high rising above $1,900 an ounce. (Read on Source)

Charter confirms takeover takeover talks, shares jump 22pc

Tue, 23 Aug 2011 11:10:24 GMT

Charter jumped 22pc after the company confirmed it is talks with a new bidder about a potential takeover offer. (Read on Source)

McLaren's New Supercar Takes Rivalry with Ferrari to the Streets

Tue, 23 Aug 2011 06:10:00 EST

McLaren is already known as one of Formula One's reigning champions, but will its new MP4-12C sports car also win it fans on the road? (Read on Source)

Why I Already Miss Books: A Lament for Physical Media

Tue, 23 Aug 2011 06:10:00 EST

Digital music, streaming video and e-books are wonderful. But the CD, DVD and dead-tree book aren't quite ready for the dustbin of history (Read on Source)

ATM Distress Codes

Angela Shupe — Tue, 23 Aug 2011 11:00:10 +0000

In the future, if someone attacks you and tries to take your money from the ATM, typing in a unique ATM code may call for help. At least, that is the latest safety idea Joe Zingher has created to help protect against trouble. Zingher is trying to get banks to install it. He says people [...] (Read on Source)

Avoid These Interview Mistakes

Webmaster — Tue, 23 Aug 2011 04:00:00 PDT

Employees can make or break your success as a small business owner. Here's how to make better hires. (Read on Source)

States' foreclosure talks with big mortgage servicers stall

Tue, 23 Aug 2011 05:39:49 -0500

Some websites do not maintain their pages for the long term, and as such, links may break as time passes. If the link above is broken, here are a few suggestions: (Read on Source)

Second longshoreman killed in accident at Phila. port in just over a week

Tue, 23 Aug 2011 10:38:23 GMT

A second longshoreman has been killed in an accident at the Philadelphia port in little more than a week, underscoring the danger waterfront jobs can present. (Read on Source)

PhillyDeals: U.K. to buy 14 Chinook helipters built in Delaware County

Tue, 23 Aug 2011 10:37:35 GMT

Boeing Corp. says the United Kingdom's Ministry of Defense has agreed to pay $1.64 billion for 14 new Chinook CH-47 heavy-lifting helicopters, to be built at the Boeing works in Ridley Township, Delaware County, and extended service for the copters. (Read on Source)

Free Wordpress Theme ...

Tue, 23 Aug 2011 06:25:29 PDT

Pretty neat and elegantly designed Free WP Theme, perfect for travel blogs, personal travel, journeys, hotels as well as suitable for any other niche. Theme contain some additional features, like XHTML 1.0 Transitional, Adsense Ready, Threaded comments support, Gravatar, Custom Avatar, Widget Enabled, Feature Slider, Fixed width, Highly color ... (Read on Source)

South Koreans to vote on free school lunch program

Tue, 23 Aug 2011 10:26:50 +0100

Oh Se-hoon, right, mayor of South Korea's capital Seoul, greets his supporter during a campaign for free lunches for students in Seoul, South Korea, Tuesday, Aug. 23, 2011. The mayor of Seoul is asking voters to reject a free school lunch program in a referendum Wednesday Aug. 24, 2011 that has become a test of how far a resurgent South Korea ... (Read on Source)

Why Index believes Israel is about to have its moment

Bobbie Johnson — Tue, 23 Aug 2011 10:19:15 +0000

Index Ventures partner Saul Klein is a champion of Europe's tech scene, from London to Ljublana. Now he's in to bat for Israel -- a country he says is ready to set aside its history of security, pornography and gambling to become the next great innovation hub. (Read on Source)

Future Skill Shortages in the US Economy?

Mark Thoma — Tue, 23 Aug 2011 03:06:00 -0700

Via Vox EU: Future skill shortages in the US economy? Sorting out the evidence, by Marisol Cuellar Mejia, Hans Johnson, and David Neumark, Vox EU: Ageing workforces pose challenges to governments around the world. While fiscal issues surrounding pension and... (Read on Source)

Rosewill Air Pot Style 4.2L Hot Water Boiler/Dispenser $30 at Newegg

Tue, 23 Aug 2011 06:13:39 -0700

Newegg has the Rosewill R-HAP-01 Air Pot Style 4.2L Hot Water Boiler/Dispenser for $30 with free shipping. Features 5 temperature settings (98/90/80/60/40 Celsius ), double dry-boiled protection, electric pump lock, stainless steel shell, reboil function and auto clean function. [ Compare ] (Read on Source)

Prosecutor Asks Court to Drop Charges Against Strauss-Kahn

Tue, 23 Aug 2011 10:00:04 +0100

Michael Appleton for The New York TimesNafissatou Diallo, center, and her lawyer Kenneth P. Thompson, right, spoke to the media outside a courthouse on Monday after a meeting with the prosecutors. (Read on Source)

Manzano Golf Resort – ID: 1861130

New Homes on Nubricks — 2011-08-23T08:54:07-05:00

Property ID: 1861130Cortona, Arezzo, Tuscany, ItalyGBP: 71,454Investment Property, Residential Property, Holiday Homes, Managed Resort, Fractional Ownership, New Home, New Resort, 2 Bedrooms ... (Read on Source)

Bits Bucket for

Ben Jones — Tue, 23 Aug 2011 09:42:19 +0000

Post off-topic ideas, links, and Craigslist finds here. (Read on Source)

Hiring Announcement: Saint Louis

Tue, 23 Aug 2011 09:42:19 +0000

SAINT LOUIS UNIVERSITY SCHOOL OF LAW invites applications from entry-level and experienced candidates for tenure-track appointments. We also may have openings for visiting faculty members. Applicants must possess a strong academic background, and a record or the promise of both teaching excellence and high scholarly ... (Read on Source)

Mazda's original rotary-engine car surfaces at Pebble Beach

Tue, 23 Aug 2011 09:31:00 GMT

A quarter century before rotary technology won at Le Mans, Mazda imported the first production cars with rotary engines into the United States ... (Read on Source)

European Stocks Follow Asia Higher

Tue, 23 Aug 2011 03:31:00 CST

Shares in Europe advanced in early trade, tracking gains in Asia after robust Chinese factory data, and largely shaking off weak manufacturing data in the Euro-zone. (Read on Source)