Wilbur Ross On The Economy
Jan. 312011 – 9:39 am | 11 views | 0 recommendations| Private equity titan Wilbur Ross, Chairman and CEO of W.L. Ross & Co, discusses why his group is zeroed in on U.S.
Key European Leaders Urge Restraint in Cairo
BERLIN — With the European Union yet to form a common response to the mass demonstrations in the Arab world, leaders of three of its diplomatic heavyweights appealed for free and fair elections in Egypt over the weekend. The three — Prime Minister David Cameron of Britain, President Nicolas Sarkozy ...
Follow the leader: 5 top CEOs on Twitter
There are still a lot of people that are not sold on the advantages of Twitter. Others are not really sure what the site is used for and how one benefits from using this microblogging platform. Well, for those in the business field, there is an increasing number of high-powered ...
Investors will open week with eyes on Egypt
NEW YORK — U.S. stocks may struggle to return to firmer footing this week if anti-government riots in Egypt destabilize the Middle East, keeping investors on edge. Cautious trading could also come if earnings do not outperform and erode optimism about profits. The government’s January jobs report on Friday will highlight ...
Nirma set to delist soon as company gets good investor response
MUMBAI: Nirma, a homegrown consumer durables company that took on multinationals like HUL and Procter & Gamble in detergent, soaps and personal care products segments, is close to delisting its shares on stock exchanges after its offer to exit received a positive response. Several shareholders have tendered their shares in ...
FIS targets financing sector
FIDELITY Information Services — the financial technology provider to some of the world’s biggest banks — is eyeing Australia as a key market and in its sights is the non-banking sector. “We want to be the leading provider of financial services solutions to the Australian and New Zealand market,” FIS ...
FIS targets financing sector
FIDELITY Information Services — the financial technology provider to some of the world’s biggest banks — is eyeing Australia as a key market and in its sights is the non-banking sector. “We want to be the leading provider of financial services solutions to the Australian and New Zealand market,” FIS ...
Egypt turmoil rattles Middle East stock markets
DUBAI, United Arab Emirates — Investors nervous about instability gripping Egypt drove Middle Eastern stocks down sharply Sunday as markets reopened following a weekend of violent protests. The losses, led by a drop of more than 4 percent in the regional business hub Dubai, reflect concerns the unrest that has ...
Warnings after sewage found in another waterway
SEWAGE contamination has emerged in another Brisbane River tributary, sparking a warning to people to keep clear of the city’s waterways as well as the ocean bay. Elevated levels of eterococci bacteria — evidence of fecal contamination — has been found in Cabbage Tree Creek near Sandgate. Eterococci levels up ...
Pricing Insurance: Cheaper by the Dozen
One of the peculiar features of medical and dental insurance is that there is a significant subsidy for large families. At Yale, there are plans for singles, two persons, and families. The family with three kids on the Aetna Choice plan is getting a $5,000 bigger annual subsidy than a ...
Coal miner Massey merges with rival
January 29, 2011: 6:11 PM ET NEW YORK (CNNMoney) — Massey Energy, owner of the Upper Big Branch mine in West Virginia that was the site of a tragic explosion last April, was acquired by rival Alpha Natural Resources in an $8.5 billion deal, the companies announced Saturday. Alpha (ANR), ...
Train Crash in Germany Kills 10 and Injures 33
Filed at 3:32 a.m. EST on January 30, 2011 BERLIN — A head-on train crash in eastern Germany killed 10 people and injured at least 33 others, eight of them severely, local firefighters said Sunday, and police feared the death toll could rise. A passenger and a cargo train crashed ...
Johnson delivers weekly GOP address
Washington — Delivering the GOP’s weekly radio address, freshman Sen. Ron Johnson said Saturday that “big government is blocking job creation, not helping it” and called on President Barack Obama to offer a “serious” plan for spending cuts. Speaking as a political newcomer to a national audience, Johnson introduced himself ...
Comcast takes control of NBC Universal
LOS ANGELES — The nation’s largest cable TV company, Comcast Corp., took control of NBC Universal after the government shackled its behavior in the coming years to protect online video services such as Netflix and Hulu. The deal closed shortly before midnight EST on Friday. Mom charged in kids’ slayings treated ...
Shortcuts: Teaching Children to Help Neighbors, With or Without Reward
BACK in the early 1970s, my parents’ neighbors offered to pay my sister, who was 8 years old at the time, to take care of their cats for a weekend. My sister said she had to ask our mother. She returned shortly afterward and told the neighbors that she could ...
Shortcuts: Teaching Children to Help Neighbors, With or Without Reward
BACK in the early 1970s, my parents’ neighbors offered to pay my sister, who was 8 years old at the time, to take care of their cats for a weekend. My sister said she had to ask our mother. She returned shortly afterward and told the neighbors that she could ...
Goldman’s top brass get big pay boost
Goldman Sachs CEO Lloyd Blankfein. Source: AFP GOLDMAN Sachs’ prestigious partnerships just got a little more lucrative. Base salaries for the firm’s top executives will more than double this year, the first base pay raise for those at the top of the company since Goldman’s initial public offering in 1999. ...