Daily News Alert | Saturday, October 3, 2009 12:01 AM PDT |
DA: Man charged in Letterman plot was deep in debt
Fri, 2 Oct 2009 09:47 pm PDT
 AP - A CBS newsman who prosecutors said was desperate and deep in debt was charged Friday with trying to blackmail David Letterman for $2 million in a plot that forced the late night comic to acknowledge having sex with some of the women who have worked for him. Full Story | Top |
Southern Union must pay $18M in RI mercury case
Fri, 2 Oct 2009 06:03 pm PDT
AP - The Southern Union gas company was ordered Friday to pay $18 million for illegally storing mercury waste, which was exposed to the public five years ago when vandals stole the hazardous liquid from a rundown building and spilled it at an apartment complex. Full Story | Top |
Regulators close banks in Colorado, Mich., Minn.
Fri, 2 Oct 2009 05:52 pm PDT
AP - Regulators have shut Warren Bank in Warren, Mich., and two small banks in Colorado and Minnesota, boosting the number of failed U.S. banks this year to 98 as loan defaults rise in the worst financial climate in decades. Full Story | Top |
FTSE 100 gets first black chief executive
Thu, 1 Oct 2009 05:16 am PDT
 AFP - Tidjane Thiam began his role as head of insurance group Prudential on Thursday, becoming the first black chief executive of a company listed on London's benchmark FTSE 100 index. Full Story | Top |
Improved revenue could boost U.S. earnings
Fri, 2 Oct 2009 05:59 pm PDT
Reuters - If the stock market bulls are right, U.S. third-quarter corporate earnings could show revenue kicked into gear after some disappointing numbers last quarter, sustaining the rally. Full Story | Top |
Sweden calls for more carbon taxes
Fri, 2 Oct 2009 06:51 am PDT
AP - Sweden urged other European nations on Friday to follow its lead in linking new taxes to greenhouse gas emissions as governments seek additional sources of income in the wake of the financial crisis. Full Story | Top |
Mortgages rates dip below 5 percent
Thu, 1 Oct 2009 10:58 am PDT
AP - Rates on 30-year home loans dropped below 5 percent for the first time in four months, but still remained above this year's record low, Freddie Mac said Thursday. Full Story | Top |
Amazon Agrees To Pay $150,000 for Deleting E-Books
Fri, 2 Oct 2009 02:04 pm PDT
NewsFactor - Nearly two months after being sued for removing electronic books from Kindle owners' devices without their knowledge, Amazon has agreed to a settlement. The Internet retailer will pony up $150,000 to settle the class-action suit. Full Story | Top |
ALL BUSINESS: Generous pay for new Freddie Mac CFO
Fri, 2 Oct 2009 09:00 pm PDT
AP - The pay package given to Freddie Mac's new chief financial officer should have sent a message from Washington to corporate America about how executive compensation standards must change. Instead, it did just the opposite. Full Story | Top |
Lawmaker seeks group liability for rating agencies
Wed, 30 Sep 2009 06:23 pm PDT
AP - A key House lawmaker wants to make credit rating agencies — widely criticized for failing to give investors adequate warning of the risks in subprime mortgage securities that triggered the financial crisis — collectively liable for inaccuracies. Full Story | Top |
Consumer bankruptcies soar in September
Fri, 2 Oct 2009 11:54 am PDT
Reuters - Consumer bankruptcies soared 41 percent in September from a year before and climbed from August, as high unemployment and the housing market crash took their toll, the American Bankruptcy Institute said on Friday. Full Story | Top |
MBA Pay: Riches for Some, Not All
Fri, 2 Oct 2009 05:08 am PDT
BusinessWeek - The MBA in the corner office, fresh out of business school with a six-figure paycheck, is a standard trope of Corporate America. Every incoming student has heard rags-to-riches tales of that gilded certification leading to giant paychecks and even bigger bonuses. But how often do these MBA fairy tales actually come true? According to new research: not as often as you think. Full Story | Top |
Iowa MBA Admissions Tips
Mon, 28 Sep 2009 05:08 am PDT
BusinessWeek - Jodi Schafer took the reins of the University of Iowa's MBA admissions program in 2008. Since then, the curriculum has been retooled, career services have shifted into overdrive, and even the school's admissions process has undergone a few changes. Full Story | Top |
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