US retailers report tough November

Leading US retailers reported November sales that were broadly lower than expected, as a post-Thanksgiving rush failed to offset earlier weak demand Originally posted here: US retailers report tough November

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US retailers report tough November

Two Shoppers Arrested in Black Friday Incident – WSAZ-TV

Two Shoppers Arrested in Black Friday Incident WSAZ-TV No, we don't need jobs, we need 2 trillion more on the debt and the government to take over HC system; we need cap and trade , to destroy our economy further … Original post: Two Shoppers Arrested in Black Friday Incident – WSAZ-TV

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Two Shoppers Arrested in Black Friday Incident – WSAZ-TV

Galleon founder attacks wiretap

Raj Rajaratnam, the billionaire investor, offered a glimpse of how he plans to contest the insider trading allegations against him as he attacked prosecutors’ use of court-authorised wiretaps and questioned the credibility of one of their key witnesses Read more: Galleon founder attacks wiretap

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Galleon founder attacks wiretap

Philip Morris ordered to pay $300m to smoker

A Florida jury ordered cigarette maker Philip Morris USA to pay $300m in damages to a 61-year-old ex-smoker named Cindy Naugle who is wheelchair-bound by emphysema. Link: Philip Morris ordered to pay $300m to smoker

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Philip Morris ordered to pay $300m to smoker

Informant says Galleon tips came from Asia

Richard Choo-Beng Lee, who pleaded guilty to insider trading, tells a federal judge that among the trading tips he received related to ‘anticipated revenue results, supply and demand information’ Go here to see the original: Informant says Galleon tips came from Asia

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Informant says Galleon tips came from Asia

Stake valuations hit Comcast deal for NBC

General Electric and Vivendi are at least $1bn apart in their valuation of the French group’s stake in NBC Universal, damping hopes of a quick resolution to a stand-off that is holding up Comcast’s planned bid for a majority stake in the US broadcast, cable and film group Link: Stake valuations hit Comcast deal for NBC

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Stake valuations hit Comcast deal for NBC

Consumers Holding Back Will Put Downward Pressure on Salaries For New Hires

Consumer expectations will hold down salaries as the economy improves and firms begin to hire. The November University of Michigan consumer sentiment survey dropped to 66.0 in November from 70.6 October and bodes a poor holiday shopping season. Particularly, the economic outlook piece fell to 63.7 in November from 68.6 in October. Even with US government See the original post here: Consumers Holding Back Will Put Downward Pressure on Salaries For New Hires

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Consumers Holding Back Will Put Downward Pressure on Salaries For New Hires

JPMorgan to take full control of Cazenove

The US investment bank is set to take full control of the 190-year old stockbroker as part of the 2004 agreement that saw the British stockbroker enter into a joint venture with JPMorgan Read the original here: JPMorgan to take full control of Cazenove

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JPMorgan to take full control of Cazenove

Gold output set for decline in long term

The world’s top gold mining companies have warned that global production of the precious metal is likely to resume a long-term decline in coming years Read the original: Gold output set for decline in long term

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Gold output set for decline in long term

SGX raps banks’ ‘dark pools’

The Singapore exchange has criticised the banks’ dark pools as ‘opaque’ systems that prevented investors from seeing prices Read more here: SGX raps banks’ ‘dark pools’

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SGX raps banks’ ‘dark pools’

Cazenove nears a happy ending

A takeover of Cazenove by JPMorgan will trigger some very modern-day windfalls for the London group’s long roll call of influential shareholders Read more: Cazenove nears a happy ending

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Cazenove nears a happy ending

New Rules and More Lies Hide Cancerous Commercial Real Estate Loans

Commercial real estate is blowing up so what do regulators do? The answer of course is to come up with new rules and regulations that will allow banks to ignore losses. On October 31 the Wall Street Journal reported Banks Get New Rules on Property. Federal bank regulators issued guidelines allowing banks to keep loans on their books as “performing” even if the value of the underlying properties have fallen below the loan amount. The guidelines, released on Friday by agencies … Original post: New Rules and More Lies Hide Cancerous Commercial Real Estate Loans

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New Rules and More Lies Hide Cancerous Commercial Real Estate Loans

The Cost and Effects of the Huge Financial Bailout of the United States

The former and current US governments have spent a whopping 3.6 Trillion dollars-up to today. Most of these funds were spent propping up the nations bankrupt Banking sector, whilst stimulating the economy through a variety of tax cuts, and other incentive schemes. The USA today, is one of the World’s largest debtors. Over 25% of the More: The Cost and Effects of the Huge Financial Bailout of the United States

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The Cost and Effects of the Huge Financial Bailout of the United States

Skype

The return of founding fathers has a mixed record in the tech world, but having Niklas Zennstrom and Janus Friis back is at least a good start Read more from the original source: Skype

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Skype

I QUIT POLITICS – Big Hollywood (blog)

I QUIT POLITICS Big Hollywood (blog) Obamacare/Socialized Medicine and Cap N Trade /Tax are huge boulders that will crash our economy. The Government controlled Health Care would cripple small … Excerpt from: I QUIT POLITICS – Big Hollywood (blog)

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I QUIT POLITICS – Big Hollywood (blog)

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