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Sunday, May 29, 2011 12:02 AM PDT

Today's Business News: Nervous investors demand bigger returns Greece denies missed fiscal targets as EU bickers LCH.Clearnet confirms offers from exchanges Lockheed says thwarted "tenacious" cyber attack Inspectors say Greece missed all fiscal targets: magazine Ex-Nasdaq official admits insider trading Fitch cuts Japan credit rating outlook to negative Earnings schedule for week of 5/30/11 EU, Japan agree to work towards mega free trade deal This Government Meddling Could Save Your Retirement Rich nations don't want to give up IMF power: India Amazon Challenges Apple With New Mac App Store Senators criticize proposed U.S. mortgage rule China reprimands Vietnam over offshore oil exploration Franklin County Public Agencies Agree to Share Resources and Funds Biden welcomes recovery of US auto industry Financing an MBA, With Help From Mom and Dad Nervous investors demand bigger returns Sat, 28 May 2011 04:37 am PDT Reuters - The world looks a lot more dangerous than it did only a few months ago and signs are that U.S. stock investors are starting to demand more for the added risk. Full Story Top Greece denies missed fiscal targets as EU bickers Sat, 28 May 2011 04:25 pm PDT Reuters - Greece's hopes of averting default dimmed on Saturday as fears grew the country may have missed fiscal targets set by its lenders while euro zone policymakers bickered on how to respond to the deepening crisis. Full Story Top LCH.Clearnet confirms offers from exchanges Sat, 28 May 2011 06:49 am PDT Reuters - European clearinghouse LCH.Clearnet confirmed on Saturday it has received a string of offers from exchange operators interested in pursuing some form of business tie-up but said talks were still at an early stage. Full Story Top Lockheed says thwarted "tenacious" cyber attack Sat, 28 May 2011 10:49 pm PDT Reuters - Lockheed Martin Corp., the U.S. government's top information technology provider, said on Saturday it had thwarted "a significant and tenacious attack" on its information systems network a week ago but was still working to restore employee access. Full Story Top Inspectors say Greece missed all fiscal targets: magazine Sat, 28 May 2011 09:17 am PDT Reuters - Greece has missed all fiscal targets agreed under its bailout plan, a mission from an international inspection team found, putting further funding for Athens at risk, according to a German magazine. Full Story Top Ex-Nasdaq official admits insider trading Thu, 26 May 2011 01:50 pm PDT AFP - A former Nasdaq managing director on Thursday pleaded guilty to insider trading that netted him more than $755,000 in illicit profits over a three-year period, US authorities said. Full Story Top Fitch cuts Japan credit rating outlook to negative Fri, 27 May 2011 11:31 am PDT Reuters - Ratings agency Fitch on Friday cut its outlook on Japan's sovereign debt, warning that the vast cost of a March earthquake and tsunami and the still-unknown bill for the clean-up after the nuclear disaster would further strain the country's already shaky public finances. Full Story Top Earnings schedule for week of 5/30/11 Fri, 27 May 2011 12:20 pm PDT AP - MONDAY, May 30 Full Story Top EU, Japan agree to work towards mega free trade deal Sat, 28 May 2011 09:28 am PDT AFP - Leaders of the European Union and Japan on Saturday agreed to start talks towards a multi-billion-euro free trade deal linking the world's third biggest economy to the globe's largest market. Full Story Top This Government Meddling Could Save Your Retirement Fri, 27 May 2011 11:53 am PDT The Motley Fool - Nothing gets certain Fools exercised like the phrase "new government restrictions." So often, we hear that the busybodies in Washington or our state capitals are plotting some new set of limits and we get worried: Here comes more paperwork, more taxes, more annoyance, and less freedom to be left alone and live our lives in peace. And often, these worries are justified. Full Story Top Rich nations don't want to give up IMF power: India Sat, 28 May 2011 09:48 am PDT AFP - India's prime minister Saturday said there appeared little hope that an emerging nation candidate would be chosen to head up the International Monetary Fund in the current contest. Full Story Top Amazon Challenges Apple With New Mac App Store Fri, 27 May 2011 02:25 pm PDT NewsFactor - Even before a court decides whether Amazon.com can sell apps for Android devices and call it an app store, the biggest U.S. online retailer opened a second front this week by offering downloadable software for Apple's Macintosh computers. Full Story Top Senators criticize proposed U.S. mortgage rule Fri, 27 May 2011 11:27 am PDT Reuters - A bipartisan group of senators is pushing back against a financial reform designed to make the housing market less risky, arguing regulators went too far in defining a safe mortgage. Full Story Top China reprimands Vietnam over offshore oil exploration Sat, 28 May 2011 09:42 am PDT Reuters - China criticized Vietnam on Saturday for its offshore exploration of oil and gas in the contested South China Sea after Hanoi complained that three Chinese patrol boats had challenged a Vietnamese ship. Full Story Top Franklin County Public Agencies Agree to Share Resources and Funds Sat, 28 May 2011 01:14 pm PDT ContributorNetwork - In kindergarten, we learn the importance of sharing, playing well with others and inviting everyone in the class to a party. Life is not a kindergarten classroom, but in Ohio public agencies are recalling some of the important lessons learned during our primary years. Sharing of services and allowing increased flexibility in how departments utilize available funds is having a positive effect in Franklin County. Gov. John Kasich and Auditor of State Dave Yost have been promoting cost saving measures and using available tools to increase efficiency to benefit taxpayers. The message is getting through and at least one Ohio county is experiencing positive results. Full Story Top Biden welcomes recovery of US auto industry Sat, 28 May 2011 10:39 am PDT AFP - US Vice President Joseph Biden on Saturday welcomed the recovery of the US automobile industry, but pointed to disparities between rising consumer prices and worker wages. Full Story Top Financing an MBA, With Help From Mom and Dad Fri, 27 May 2011 05:08 am PDT BusinessWeek - Daniel Wesley knew as soon as he started applying to business school that he wanted to avoid student loans. He'd already racked up about $45,000 in loans from his undergraduate days and didn't relish the idea of adding another $200,000 or so to that debt load, he says. When he found out he got into the Weekend MBA program at the University of Chicago's Booth School of Business (Booth Part-Time MBA Profile), he turned to his mother and father, a retired construction foreman, for help. ... Full Story Top

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