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Breaking News Sat, 14 Nov 2009
In this combo made from file photos, the IBM logo is seen in front of the company's manufacturing plant in Essex Junction, Vt., left, and the Sun Microsystems logo is seen at the company's offices in Menlo Park, Calif
(photo: AP)
Field's implementation could provide economic boost
Austin American Statesman
| SAN FRANCISCO — Our economy sure could use the Next Big Thing. Something on the scale of railroads, automobiles or the Internet — the kind of breakthrough that emerges every so often and builds industries, generates jobs and mints fortunes. | Silicon Valley investors are pointing to so...
Zenith Bank, one many new foreign commercial Banks operation in Sierra Leone.
(photo: WN / John Sahid)
Can microfinance help end poverty?
Money Week
| The inventor of microfinance – giving small, cheap loans to the poor – won a Nobel Prize. Now, the idea's gone global. But is it just a new debt bubble in the making? Simon Wilson reports. What is microfinance? | It's a way of lending tiny amounts – typically up to a few hundred dollars, but...
Switzerland Limits Bank Compensation, but Not Too Harshly
The New York Times
| Switzerland announced watered-down measures to limit bank compensation Wednesday, imposing no caps on bonuses and excluding all but the country's biggest financial services companies from mandatory compliance. | The announcement signified a victory...
Buffett, Gates tell Columbia students global economy will survive; 'capitalism is great'
Star Tribune
| NEW YORK - Capitalism is still alive and well, say the world's two richest men, despite lingering shocks from the longest, deepest recession since the Great Depression. | "The financial panic is behind us," said famed investor Warren Buff...
China Data Show Economic Rebound Picking Up Steam
The New York Times
| HONG KONG - Strong data from China released Wednesday, especially in factory output and retail sales, underscored the speed of the giant economy's rebound, thanks to extensive government stimulus measures that have put the economy on track to grow ...
In Charity Tax Filing, a Glimpse of Goldman
The New York Times
| The latest tax filing for Goldman Sachs's foundation is as thick as a phone book. The list of trades is more than 200 pages, single spaced. Goldman, it seems, invests like no other, even for its own charity. | "I have never seen anything like it," ...
Possible Property Bubble Has Singapore Officials Worried
The New York Times
| SINGAPORE - The Singapore central bank warned Monday that more measures could be needed to curb the risk of speculation in the country's property market, which has been bolstered by low borrowing costs. | The comments underscored a growing concern ...
Consider It an Investment
Wall Street Journal
By SHELLY BANJO | With fewer resources to go around, philanthropists are using a host of methods to stretch their charitable dollars. The Journal Report | See the complete Philanthropy report. | Instead of simply giving money away to a cause, groups ...
News Erupts, and So Does a Web Debut
The New York Times
| On Thursday afternoon, when word came about the shootings that left 13 people dead at Fort Hood, just up the road from Austin, it seemed like a made-to-order test for The Texas Tribune, a brand new 12-person Web-based newsroom. | They scrambled the...
Online Investors
Electronic arts
(photo: WN / silvino)
Electronic Arts reports 2nd-quarter net loss, plans to cut 1,500 jobs, or 17 percent
Hartford Courant
NEW YORK (AP) — plans to cut its work force by 17 percent as it tries to align its business with a transforming video game industry. | The company announced the layoffs of 1,500 people just hours after it said it is paying at least $275 million to buy Playfish Inc., a maker of social online games popular on , and the . The layoffs are expecte...
Financials
Lauren Bacall
(photo: public domain / )
Lauren Bacall, Roger Corman to get early Oscars
The Examiner
Comments LOS ANGELES (Map, News) - The Academy Awards won't be presented until March, but the first Oscar statuettes of the season are set to be handed out Saturday night at a private, black-tie dinner in Hollywood. | The Academy of Motion Picture Arts and Sciences is breaking with tradition and presenting its honorary Oscars away from the televise...



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