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 Fri, 04 Jul 2008 14:22:05 GMT

BCE buyers finalize funding (Reuters) Reuters - The buyers of telecoms company BCE Inc are sticking to the agreed C$42.75 per-share purchase price and have delivered the funding documents needed for the deal to go ahead, the company said on Friday. Tax credit to save UBS from hefty loss (Reuters) Reuters - Battered Swiss bank UBS said on Friday it should be saved from another hefty loss in the second quarter by a large tax credit, giving a much-needed though short-lived boost to its share price. World stocks slip again (Reuters) Reuters - World stocks slipped back towards this week's five-month low on Friday as steadying oil prices failed to erase concerns about slowing economic growth and rising inflation, and as banking stocks came under renewed pressure. European banks need to raise up to $141 billion: Goldman (Reuters) Reuters - Goldman Sachs said the European banks sector needs to raise about 60 billion to 90 billion euros ($94 to $141 billion), or withhold one year of dividends, to reach an aggregate Tier I ratio of 9 percent -- a level achieved by European banks that have recapitalized recently. Kimmitt confident in economic fundamentals (Reuters) Reuters - Deputy U.S. Treasury Secretary Robert Kimmitt said on Friday he was confident about the United States' economic fundamentals in the long term despite a current rough patch and was quite optimistic about the future. Kimmitt confident in economic fundamentals (Reuters) Reuters - Deputy U.S. Treasury Secretary Robert Kimmitt said on Friday he was confident about the United States' economic fundamentals in the long term despite a current rough patch and was quite optimistic about the future. 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 Fri, 04 Jul 2008 06:00:00 -0400

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. 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, 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. 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. 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. All That And A Bag Of Beer ChipsCo-host Renee Montagne has today's Last Word in business. Prices And Demand Skyrocket, Not FireworksA series of supply and production problems in China have caused cities across the U.S. to curtail or completely cut their fireworks shows this Fourth of July. The problems have even affected commercial sales, driving prices sky-high. Median Net Worth DeclinesThe Fed's report in June said the net worth of Americans showed the biggest decline since 2002. Scott Hoyt, senior director of consumer economics at Moody's Economy.com, says when the value of assets fall, it makes it harder to reach financial goals. Employers Cut Jobs For Sixth Straight MonthThe U.S. economy lost jobs for the sixth straight month in June. The Labor Department says employers cut 62,000 jobs from their payrolls. The unemployment rate was unchanged at 5.5 percent. The data were in line with economists' expectations. Employers Cut More Than 60,000 Jobs In JuneSome 62,000 jobs were cut from company payrolls in June, and the number of laid-off workers seeking benefits also rose sharply last week. The figures are further signs of a slowing U.S. economy. FAA Report: Agency Too Cozy With AirlinesThe Federal Aviation Administration inspector general issued a stern rebuke to his own agency. Still, says The Wall Street Journal's Andy Pasztor, the U.S. safety record is excellent — for now.