Job News From: Forbes
Forbes.com: Business News
- Showtime Emphasizing Original Programming Despite signing a feature-film deal with the Weinstein Company, Showtime is banking on its gritty original series to attract viewers.
- CBS's Couric Says She Staying Put ''CBS Evening News'' anchor responds to rumors of her impending departure.
- Drug Wars The feds go after India's largest pharmaceutical firm, accusing it of selling adulterated drugs.
- SEC Retrenches On New Short-selling Rules The whiners triumph as SEC relaxes rules for "market makers."
- In Defense Of Katherine Heigl Grey's Anatomy creator Shonda Rhimes responds to criticism from her star actress.
Job News From: Yahoo! Business
Yahoo! News: Business Sun, 20 Jul 2008 06:03:51 GMT
- Freddie Mac files with SEC, first step to capital (Reuters)
Reuters - Freddie Mac won approval from regulators on Friday to sell the stock needed to overcome mounting losses, and the Wall Street Journal said the mortgage finance company may seek $10 billion.
- Ford to retool U.S. plants for European cars: report (Reuters) Reuters - Car maker Ford Motor Co is drawing up plans to retool American plants to make small, fuel-efficient passenger cars that it mainly makes and sells in Europe, the Wall Street Journal reported on Saturday.
- Wal-Mart's fashion show previews back-to-school (Reuters) Reuters - Wal-Mart Stores Inc presented a colorful, casual line of youthful looks for kids and teens on Saturday at a fashion show that previewed the mass-market chain's new low-cost offerings for back to school.
- House prices could fall for two years: Citigroup (Reuters) Reuters - Citigroup chairman Win Bischoff has warned that house prices in Britain and the United States are likely to keep falling for another two years.
- Government weighs more charges in Bear case (Reuters)
Reuters - The government is considering bringing further criminal charges in the case involving two former Bear Stearns executives indicted last month related to the collapse of two hedge funds they oversaw, a federal prosecutor said on Friday.
- ECB fight against inflation a tough sell as economy stumbles (AFP)
AFP - The European Central Bank is trying to convince people in the eurozone that taking a tough stand on inflation will get them through lean economic times, arguing that long-term gains warrant short-term pain.
- Court upholds dismissal of verdict against trader (Reuters)
Reuters - A judge was right to throw out a jury's securities fraud conviction of a former New York Stock Exchange floor trader because prosecutors did not prove their case, a federal appeals court ruled on Friday.
- Small-Biz Entrepreneurs' 401(k) Perks (Investor's Business Daily) Investor's Business Daily - If you run a small company that does not have a 401(k) plan, you may be missing out on a two-pronged benefit.
- Wal-Mart highlights locally grown program in Okla. (AP)
AP - Wal-Mart, the nation's largest retailer, has pledged to buy more produce from local farmers as it kicked off a campaign to highlight the fruits and vegetables grown in Oklahoma and sold in its stores.
Job News From: NPR
NPR Topics: Business Sun, 20 Jul 2008 11:14:00 -0400
- How Philadelphia's New Subway Changed A CityIn 1908, Philadelphians were riding in style on a brand new subway system. George Smerk, professor of transportation at the Kelley School of Business at Indiana University, talks about the subway's history.
- Minimum Wage Hike And A Tight EconomyMinimum wage workers are set to get a pay bump Thursday, as the federal rate will go from $5.85 to $6.55. Experts differ on what the coming wage increase means for workers and employers at a time when the economy is struggling.
- Frenzy Of Worry Over Banks Eases SomewhatThe panicky mood sweeping Wall Street and Main Street a week ago has subsided somewhat. The Dow staged a strong comeback late in the week as it became apparent Fannie Mae and Freddie Mac aren't in immediate jeopardy, and that most banks remain financially sound.
- Can The Fed Help Control Inflation? Scott Simon talks to Alan Binder, former vice chair of the Federal Reserve's Board of Governors, about whether the Fed can bring inflation under control in the face of spiraling energy and food prices.
- 'Is My Money Safe In A Bank?'NPR's Scott Simon talks to Gail MarksJarvis, personal finance blogger for the Chicago Tribune, about her recent post, "Is my money safe in a bank?"
- Getting Mortgages Is More DifficultIn today's economic climate, many Americans are finding it more difficult to obtain mortgages. Ken Wade, CEO of NeighborWorks America, points to fewer low down-payment mortgage programs and piggyback loans, as well as higher credit score requirements.
- Analyst: Falling Oil Prices May Be Start Of DeclineOil prices have spiked all year. This week, however, they fell. Phil Flynn, an analyst at Alaron Trading Corporation, says the stock market's rally put a damper on oil prices. He said as long as there's no bad news, there may soon be good news at the pump.
- Where's Gas Cheaper? It's RelativeGasoline prices can vary widely from place to place. What seems expensive in Tucson, Ariz., can seem downright cheap just up the road in Phoenix. In fact, the difference in the two cities provides a good example of how geography often affects what you pay at the pump.
- In Nevada, A Tax Base Disappearing ActAfter years of tremendous growth, parts of the state now have some of the highest foreclosure rates in the country. The loss of property tax revenue is hitting Clark County, in southern Nevada, especially hard.
- 'Marketplace' Report: Gas Drops A Penny A GallonOil prices have fallen $16 in three days. Some analysts are saying oil could come down to around $100 a barrel in the next few months because demand is shrinking. Indeed, the national average for gasoline came down by a penny a gallon Friday.
- Fueling Up At The Chinese RestaurantWith the price of gas well past $4 a gallon, resourceful drivers are looking for alternatives. We meet with people who are driving past the gas station, straight to their local Chinese restaurant, to fuel up.
- Highlights From The HybridFestWe meet a family who helped organize the largest gathering of hybrid car owners in the country. The event will occur this weekend in Madison, Wis. Participants share fuel-saving tips.
- Is Fast Food Tasty When You Know the Caloric Toll?Fast food restaurants in New York will start getting fined Friday if they don't post nutrition information. We talk to Times Square restaurant-goers about whether they still have an appetite for that five-piece fried chicken meal once they can see the calorie count.
- Cracking Down On Short-Selling's 'Naked' CousinA more sinister cousin to short selling stocks is naked short selling. The practice has been blamed for eroding the value of financial stocks. Traders who sell short place a bet that the stock will drop. But traders involved in so-called "naked shorts" add to their risk.
- Jury Sides With Barbie In Bratz CaseA federal jury Thursday found that Bratz dolls were in fact conceived by a designer who was on Mattel's payroll. Mattel, Barbie's corporate parent, had accused Bratz maker MGA of stealing the idea. Next week, a jury will decide on damages. It could award Mattel royalties to Bratz, which bring in hundreds of millions of dollars a year.