Supreme Court Rules Americans Can Eat Sick Pigs, Cows

The Supreme Court recently blocked a California law that would require slaughterhouses to immediately euthanize animals too sick to walk, Reuters reported Jan. 23. The National Meat Association sued to block the California law, and U.S. justices ruled that federal, not state laws, set the standard for meat safety.

Greece Inches Toward Deal in Talks With Its Creditors

Greece once again appears on the verge of reaching a deal with its private sector creditors on how much of a loss they would be willing to accept on their bond holdings. The latest progress comes in the wake of two days of talks in Athens between Greece’s political leadership ...

Expert who foresaw ’08 crash warns of tough decade

DAVOS, Switzerland — Economist Nouriel Roubini, nicknamed “Dr. Doom” for his gloomy predictions in the run-up to the financial meltdown four years ago, says the fallout from that crisis could last the rest of this decade. Roubini, widely acknowledged to have predicted the crash of 2008, sees tough times ahead ...

Good Insurance Leads Come from Excellent Prospect Research

The success of life insurance lead generation comes from understanding what your prospective buyers want. However this is a lot more difficult than it looks. The reason being, as an agent, you already have your biased thoughts of what your prospective buyers want. You are likely wrong. As a result, ...

Obama expands foreclosure prevention program

NEW YORK (CNNMoney) — The Obama administration is taking another swing at improving its main foreclosure prevention program. The administration said it was expanding eligibility for its Home Affordable Modification Program, known as HAMP, to borrowers with higher debt loads and tripling the incentives it pays banks that reduce principal ...

SEC to step up scrutiny of private equity firms

The SEC has brought roughly a dozen cases against private equity firms to trial since 2000. NEW YORK (CNNMoney) — The private equity world is struggling to stay in the shadows. It’s harder to do so with Republican presidential contender Mitt Romney getting criticized for his private equity roots. If ...

Letter from Europe: Keeping It Simple in a 25/8 World

DAVOS, SWITZERLAND — When a few thousand of the world’s leaders in business, politics, culture and social action gather in the shadow of the Magic Mountain, you get a bird’s-eye view of how we interpret and deal with contemporary life. For many of us, that life can seem extraordinarily accelerated. ...

Facebook poised to file for IPO next week

Facebook CEO Mark Zuckerberg could be worth $20 billion if current estimates hold true. Facebook is poised to file papers as early as next week for an initial public offering that could be one of the biggest in history, creating hundreds if not thousands of instant millionaires, The Wall Street ...

Unsold goods weigh on future growth

By John W. Schoen, Senior Producer The U.S. economy perked up late last year as hiring acceleratedand factories ramped up production.Unfortunately, a lot of what those factories made is still sitting in warehouses and on store shelves. That doesn’t bode well for growth in the coming months. At first blush, ...

Laid off and making the retirement savings last

Roxann & Ed Parker, 59 and 63, O’Fallon, Mo. Retired. (MONEY Magazine) — We spoke to five families who face challenges that could keep them from meeting their financial goals. With a few tweaks to their game plan, they can get back on course. Here, the Parkers’ story — and ...

Best Companies: Social media stars

Social media used: Twitter, LinkedIn, Facebook, YouTube, Flickr, MySpace, RenRen, TripAdvisor, internal and external blog The longtime face of Marriott International, Bill Marriott, has operated a blog since 2007, and the company uses mainstream social media such as Facebook and Twitter extensively — Marriott says it leads the hospitality industry ...

Grantham Journal: Divisive Thatcher Remains Grocer’s Daughter Back Home

GRANTHAM, England — It is a poignant story, and the sparse audiences at the Reel Cinema, a few blocks from the handsome 18th-century facades of the town center, tell it as well as anything else. Only on afternoons when the cinema offers retirees half-price tickets has there been much of ...

Facebook sues to stop ‘likejacking’ scammers

“These spammers exploit the fact that social media engages us in an exciting new way,”McKenna said at a news conference at Facebook’s Seattle office. “Social media revolves around trust. The reason we like it is that we count on our friends to recommend news stories, books, television shows and movies ...

Housing weighs on market as stocks end day down

According to preliminary calculations, the Dow Jones industrial average fell 22.33 points, or 0.18 percent, to 12,734.63. The Standard & Poor’s 500 Index dropped 7.61 points, or 0.57 percent, to 1,318.45. The Nasdaq Composite Index lost 13.03 points, or 0.46 percent, to 2,805.28. Caterpillar Inc kept the Dow in positive ...

Foreclosures made up 20% of home sales in 3Q

The average foreclosed home sold during the quarter took 193 days to sell. That was up from 172 days in the previous quarter and 161 days in the third quarter of 2010. NEW YORK (CNNMoney) — Sales of homes in foreclosure comprised 20% of all U.S.

Netflix starts to rebound from Qwikster blunder

NEW YORK (CNNMoney) — Netflix said Wednesday it began to add customers again last quarter, after a series of blunders damaged its sterling reputation with consumers and investors. The streaming video and DVD-by-mail company said it gained a net 610,000 U.S. customers in the fourth quarter of 2011, including 220,000 ...

French Police Arrest Founder of Breast Implant Maker

PARIS — The founder of a French company that made hundreds of thousands of breast implants from industrial-grade silicon, causing anxiety among women around the world, was arrested early on Thursday in southern France, the authorities said. Jean-Claude Mas was arrested in a dawn raid on the home of his ...