Job News From: Forbes

Forbes.com: Business News

Fed Ponders Private Equity In Banks With banks unable to attract traditional capital and the credit crisis persisting, the Fed may ease rules for private investors. Truth or Dare Do we really want the unvarnished truth from someone running a financial institution? Predicting a collapse is likely to be self-fulfilling. Crunch Still On, Banks Stay Tight Canceled deals are a reminder of how little Wall Street is willing to lend. Here Comes Carbox The combination of carbon footprints and Sarbanes-Oxley has corporate America running scared--creating a boom for consultants. Sponsor's Content: Power to Your People, Money in Your PocketCompanies that enable employees to make decisions are three times more successful than competitors. Find out why. It's All About Who You Know With energy costs skyrocketing, Dow Chemical has found it's nice to have friends in the oil and gas business.

Job News From: Yahoo! Business

Yahoo! News: Business Sun, 06 Jul 2008 05:35:13 GMT

Postbank sale may fail over target price: report (Reuters) Reuters - The sale of Germany's biggest retail bank Deutsche Postbank could fail because the price potential bidders are willing to pay does not meet the expectations of the lender's parent, Deutsche Post, a German magazine reported on Saturday. Auto sector woes could spur deals: Renault CEO (Reuters) Reuters - A current slump in the global automotive sector could give fresh impetus to plans for consolidation within the industry, the head of French carmaker Renault said on Saturday. Hyundai cuts, Kia lifts domestic sales target (Reuters) Reuters - Hyundai Motor Co (005480.KS), South Korea's top auto maker, said on Sunday it had cut its local sales target for this year by 6 percent as record-breaking oil prices are hitting consumer sentiment in Asia's fourth-largest economy. BCE buyers finalize funding (Reuters) Reuters - Announcing what it said were "essential milestones" allowing the world's largest leveraged buyout to go ahead, BCE Inc said on Friday that its buyers had finalized funding and were sticking to their C$34.8-billion ($34.1 billion) purchase price. Hyundai union calls for work stoppage next week (Reuters) Reuters - Unionized employees of Hyundai Motor Co (005380.KS) will walk off the job for four hours next week to push for a pay increase, the auto maker's union said on Saturday. Smooth sailing for yacht builders despite economy (AP) AP - Fuel prices are soaring and credit markets tightening, but the super-rich are still lining up to pay tens of millions of dollars for mega yachts. Energy shares, tame jobs data lift Dow (Reuters) Reuters - NEW YORK (Reuters) -The Dow rose on Thursday, a day after the blue-chip average entered a bear market, on relief payrolls data was not as weak as some had feared and with another record oil price boosting energy shares. Economy - Thursday (Investor's Business Daily) Investor's Business Daily - The benchmark 30-year fixed home loan rate fell 10 basis points to 6.35%, ending a 5-week uptrend to a 9-month peak, mortgage finance giant Freddie Mac said. Weaker economic data made a Fed rate hike less likely, pushing Treasury yields and mortgage rates lower. The 15-year fixed-rate mortgage slid 12 ticks to 5.92%. The 1-year ARM fell 10 basis points to 5.17%. Australia's Origin Energy rejects BG's $13B bid (AP) AP - Origin Energy Ltd., Australia's second largest power retailer, rejected a $13 billion takeover bid Friday from British natural gas producer BG Group.

Job News From: NPR

NPR Topics: Business Sat, 05 Jul 2008 16:00:00 -0400

Direct Flights Take Off Between China, TaiwanWhile the U.S. celebrates its freedom this Fourth of July weekend, there's a new freedom being inaugurated a half a world away. Direct weekend flights between mainland China and Taiwan start this weekend. It's the clearest sign of rapprochement since the two sides split apart in 1949. Businesses Use Economy As Sales GimmickMany businesses are using the economic crunch as a marketing tool. But will people spend money if you keep reminding them how tight things are? Seth Stevenson, ad critic for the online magazine Slate, talks about what ads we're watching and what it means. Retail Changes Key To Starbucks ClosingsStarbucks announced this week that it's closing about 600 stores, but it's not the only chain slimming down to meet hard economic times. Retail consultant Howard Davidowitz says consumers are going to get so scared they will start saving and spend less. Financial Aid Woes Boost Community College AppealDespite efforts by the Bush Administration and Congress to quell turmoil in the student loan market, some students are struggling to find money for college. We examine the case of two recent high school graduates who have been promised financial aid, but don't know how much they can count on. Rebate Checks Also Stimulating the Porn IndustryThis year's tax-rebate checks sent out to boost your bank account are also boosting the porn industry. A company that tracks the online adult entertainment market says many sites report a 20 percent to 30 percent increase in membership since May. About a third of these members said the stimulus checks were a factor in their decision to join or renew. Before Microsoft, Gates Solved A Pancake ProblemBefore Bill Gates became a household name, he went to Harvard. His sophomore year, he was assigned a complicated mathematics problem caputred his interest, which — no surprise — he solved. His paper on the solution was published, and until recently it remained the best solution to that problem: stacking pancakes. What 'Bear Markets' Mean For The EconomySome economists are saying that the economy has slumped into a "bear market," but what does that term really mean? Co-host Ari Shapiro talks with David Wessel, economics editor of the Wall Street Journal, who says that the way experts talk about the economy can have a significant impact on it. Saudis Refuse To Boost Output As Oil Summit EndsA meeting of oil producers and consumers has ended in Madrid, with little hope of any reduction in the price of fuel. Luxury Retailers Want eBay To Police For KnockoffsA French court ruled this week that eBay must pay Louis Vuitton more than $60 million in damages for allowing fake goods to be sold through its site. Co-host Ari Shapiro talks with Chris Sprigman, a professor of intellectual property law at the University of Virginia, about the implications of the ruling. All That And A Bag Of Beer ChipsCo-host Renee Montagne has today's Last Word in business.