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Saturday, November 28, 2009 12:01 AM PST

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Today's Business News: Dubai debt problems cast shadow over region Apple's iPhone arrives in tech-savvy South Korea Signs of life in stores as holiday shopping begins Canada high court rules for Wal-Mart in union case Stocks slide on concerns about Dubai debt fallout US stocks tumble on Dubai debt troubles RI House holds forum on dire state economy India's Tata Motors swings to quarterly profit Economy - Friday Personal finance books for kids, teens and adults Scuffling customers close S. California Wal-Mart Owner of closed mortgage company returns to NH Oil prices mixed on Dubai debt woes Groups contend Arizona bills cross legal lines Ariz. lawmakers hit reset button on loan lawsuits Stop Looking for the Next Twitter Health Care: GE Gets Radical Dubai debt problems cast shadow over region Fri, 27 Nov 2009 10:31 pm PST AP - For years, Dubai seemed unstoppable, an oasis of excess boasting indoor ski slopes and manmade islands, the world's tallest tower and dreams that reached even higher. Full Story Top Apple's iPhone arrives in tech-savvy South Korea Fri, 27 Nov 2009 11:21 pm PST AP - Tech-savvy South Koreans began getting their coveted iPhones on Saturday amid fanfare and expectations they will shake up a local market dominated by domestic giants Samsung and LG. Full Story Top Signs of life in stores as holiday shopping begins Fri, 27 Nov 2009 10:54 pm PST AP - The nation's shoppers took advantage of deals on toys and TVs with some renewed vigor in stores and online on Black Friday after a year of concentrating their spending on basic necessities. Full Story Top Canada high court rules for Wal-Mart in union case Fri, 27 Nov 2009 01:55 pm PST AP - The Supreme Court of Canada said Friday that Wal-Mart Stores Inc. was entitled to close a store in Quebec in 2005, seven months after workers voted to become the first Walmart store in North America to unionize. Full Story Top Stocks slide on concerns about Dubai debt fallout Fri, 27 Nov 2009 01:54 pm PST AP - This was the sideswipe investors had feared. Full Story Top US stocks tumble on Dubai debt troubles Fri, 27 Nov 2009 08:28 am PST AFP - US stocks tumbled Friday as investors faced the fallout from Dubai's debt problems that have rocked global markets and stoked fears of a second wave of financial crisis. Full Story Top RI House holds forum on dire state economy Fri, 27 Nov 2009 12:45 pm PST AP - Nearly three years after jobs started vanishing in Rhode Island at an alarming pace, House lawmakers will gather Tuesday for their first forum on one of the worst recessions since the Great Depression. Full Story Top India's Tata Motors swings to quarterly profit Fri, 27 Nov 2009 06:45 am PST AFP - India's leading vehicle company, Tata Motors, reported Friday it had swung to a consolidated quarterly net profit, helped by a better performance by its premium car marques Jaguar and Land Rover. Full Story Top Economy - Friday Fri, 27 Nov 2009 03:18 pm PST Investor's Business Daily - Despite shrinking 0.3% (not annualized) in Q3, the British economy is past the worst of the recession and should return to growth in Q4, two Bank of England policymakers said. Deputy Gov. Charles Bean said the economy "is bumping along the bottom" after a disappointing Q3, adding that the recovery will be slow and protracted. Policymaker Adam Posen echoed those comments and believes the economy has "bottomed out." Britain is expected to grow 0.2%-0.4% in Q4, ending six straight quarters of contraction. Full Story Top Personal finance books for kids, teens and adults Fri, 27 Nov 2009 11:30 am PST AP - The approach of a new decade means a chance for a fresh start with your financial habits. Maybe your loved ones could use a nudge in that direction, too. Full Story Top Scuffling customers close S. California Wal-Mart Fri, 27 Nov 2009 11:21 am PST AP - Police say a Wal-Mart store in Southern California closed its doors for several hours before dawn after some Black Friday shoppers began fighting over bargain merchandise. Full Story Top Owner of closed mortgage company returns to NH Fri, 27 Nov 2009 06:27 am PST AP - A lawyer for the owner of a closed mortgage company being investigated by the state says his client is back in New Hampshire. Full Story Top Oil prices mixed on Dubai debt woes Fri, 27 Nov 2009 12:58 pm PST AFP - Oil prices closed mixed Friday on concerns that Dubai's call for a freeze on debt payment by a key state-owned company could derail the global recovery from recession. Full Story Top Groups contend Arizona bills cross legal lines Fri, 27 Nov 2009 08:31 am PST AP - The Arizona Supreme Court is being asked to overturn the Legislature's use of budget laws to set state policy on topics ranging from teachers' seniority rights and immigration enforcement to mortgage lawsuits and municipal building codes. Full Story Top Ariz. lawmakers hit reset button on loan lawsuits Fri, 27 Nov 2009 05:40 am PST AP - Arizona legislators responded quickly last June when bankers complained that investor-builders were abusing a post-foreclosure protection intended for homeowners. Full Story Top Stop Looking for the Next Twitter Fri, 27 Nov 2009 05:08 am PST BusinessWeek - If you are a pundit, or get paid to watch trends, then this message doesn't apply to you. It's your job to go out and find the next shiny object that could influence how we live and do business. Full Story Top Health Care: GE Gets Radical Mon, 23 Nov 2009 05:08 am PST BusinessWeek - It's been a hard year to work at General Electric (NYSE:GE - News). Salary freezes have hit its famously performance-driven employees, with some managers taking pay cuts. The price of GE stock, which once made millionaires out of even hourly workers, has gone nowhere as the rest of the market has risen. A 68% dividend cut -- the first in 71 years -- has stung execs who rely on a heavy dose of restricted shares. Full Story Top

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