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Sunday, November 29, 2009 12:01 AM PST

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Today's Business News: Bernanke makes case for strong Fed role on banks Administration plans new efforts on foreclosures GPS cell phone apps challenge standalone devices Dubai looks to oil-rich neighbor for possible aid Geneva: Police use tear gas on WTO protest Stocks slide on Dubai worries US delays crackdown on Internet gambling India's Tata Motors swings to quarterly profit China's Wen meets with eurozone leaders Treasury wants more lender leeway on loans Canada high court rules for Wal-Mart in union case Owner of closed mortgage company returns to NH Iraq resumes oil exports to Turkey after pipeline sabotage Personal finance books for kids, teens and adults Ariz. lawmakers hit reset button on loan lawsuits Stop Looking for the Next Twitter Health Care: GE Gets Radical Bernanke makes case for strong Fed role on banks Sat, 28 Nov 2009 09:50 pm PST AP - The chairman of the Federal Reserve is concerned that congressional efforts at financial reform could weaken the central bank's ability to handle future crises and may politicize monetary policy. Full Story Top Administration plans new efforts on foreclosures Sat, 28 Nov 2009 10:38 pm PST AP - The Obama administration, battling a foreclosure crisis that shows no signs of relenting, will step up pressure on mortgage companies to do more to help people remain in their homes, officials said Saturday. Full Story Top GPS cell phone apps challenge standalone devices Sat, 28 Nov 2009 09:22 pm PST AP - The growth of cell phones with global-positioning technology is making life uncertain for the makers of personal navigational devices that help drivers figure out where they are and where to go. Full Story Top Dubai looks to oil-rich neighbor for possible aid Sat, 28 Nov 2009 06:17 pm PST AP - As world markets absorbed the shock of Dubai's debt crisis, the ruler of the once-booming city-state left town for an important meeting in a desert palace. His hosts: the leaders of neighboring Abu Dhabi whose balance sheets are flush with oil revenue. Full Story Top Geneva: Police use tear gas on WTO protest Sat, 28 Nov 2009 04:53 pm PST AP - Police fired tear gas and rubber bullets Saturday to separate violent demonstrators from a protest of a meeting of top world trade officials, but the hooded "black bloc" activists were able to cause damage before 14 were arrested, spokesmen said. Full Story Top Stocks slide on Dubai worries Fri, 27 Nov 2009 10:42 am PST Reuters - U.S. stocks fell more than 1 percent in a truncated session on Friday as a possible debt default by a Dubai state-owned conglomerate led to fresh concerns about the global financial system. Full Story Top US delays crackdown on Internet gambling Fri, 27 Nov 2009 03:52 pm PST AFP - The US Treasury Department and Federal Reserve Board delayed for six months on Friday the enforcement of new rules designed to crack down on Internet gambling. 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 China's Wen meets with eurozone leaders Sat, 28 Nov 2009 11:54 pm PST AFP - China's Premier Wen Jiabao kicked off a meeting with top EU finance officials Sunday in talks expected to focus on long-running rancour over the yuan currency's exchange rate. Full Story Top Treasury wants more lender leeway on loans Sat, 28 Nov 2009 07:20 pm PST Reuters - The Treasury Department wants lenders and companies that process monthly mortgage payments to do more to rework troubled home mortgage loans and will announce new measures on Monday aimed at achieving that goal, a department spokeswoman said on Saturday. 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 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 Iraq resumes oil exports to Turkey after pipeline sabotage Sat, 28 Nov 2009 11:48 am PST AFP - Oil exports to the port of Ceyhan in Turkey resumed on Saturday after a week-long interruption because of sabotage to a pipeline in northern Iraq, an oil ministry spokesman said. 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 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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