Finance news

More than $2.4 million of Missouri taxpayers’ money was spent “for questionable purposes” over the past eight years, including purchases made at bakeries, beauty salons, bra stores, coffee shops and picture-framing galleries, according to a review by the National Taxpayers Union.
The state of Missouri spent $15,400 at Ann's Bra Shop from 2000 to 2008 for […]

Filed under: legal by Finance Boss
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Japan's inflation rate exceeded 2 percent for the first time in a decade as prices of food and gasoline surged, sapping household budgets in an economy that may already be in a recession.
Core prices, which exclude fresh food, climbed 2.4 percent in July from a year earlier after rising 1.9 percent in June, […]

Filed under: economics, legal by Finance Boss
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Nobel Prize-winning economists including Myron Scholes and Joseph Stiglitz predicted the credit squeeze will inflict more pain on global growth and Goldman Sachs Group Inc. projected half of the world economy faces recession.
“There will be a global recession,'' Scholes said in an interview today at a conference in Lindau, Germany, featuring 14 Nobel […]

Filed under: management by Finance Boss
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Intel Corp. is providing more information about its future multi-core future products, and some of them will be coming out of the California company's Chandler facility.
Pat Gelsinger, senior vice president and general manager for Intel's Digital Enterprise Group, laid out the groundwork Tuesday for the future of Intel's Core i7 processors, which […]

Filed under: economics by Finance Boss
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The parent company of Hawaii carrier go! said Monday the interisland airline lost $7.4 million in the third quarter.
The operating loss came on revenues of $15.6 million for go!, Phoenix-based Mesa Air Group said.
That compares to losses of $3.7 million on revenues of $6.2 million for go! in the same period in 2007.
Mesa’s overall losses […]

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Turkish consumer confidence probably rose in July for the first month in seven as the ruling party escaped being outlawed by the Constitutional Court, according to an economist at Fortis Bank AS.
“Everything's pointing to a likely recovery in July,'' said Haluk Burumcekci, chief economist at the Turkish unit of the Belgian financial-services firm. […]

Filed under: technology by Finance Boss
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Prices paid by U.S. consumers probably rose at a slower pace in July as fuel expenses peaked, economists said before a government report today.
The cost of living increased 0.4 percent, according to the median forecast of 78 economists in a Bloomberg News survey, after jumping 1.1 percent in June. Excluding food and energy, […]

Filed under: money by Finance Boss
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Jewelry house Tiffany & Co. appealed a ruling by a federal district court that online auction house eBay Inc. does not have legal responsibility to keep its users from selling counterfeit items.
Judge Richard Sullivan of Federal District Court in Manhattan made the ruling in July in the closely watched case involving San Jose, Calif.-based eBay […]

Filed under: technology by Finance Boss
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South Korea said it will sell or merge 41 of the nation's 319 state-owned companies as part of President Lee Myung Bak's pledge to make government-run firms more competitive.
The plans include selling a 49 percent stake in Incheon International Airport Corp. and part of Industrial Bank of Korea and its affiliates, the finance […]

Filed under: online, technology by Finance Boss
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The Phoenix Chapter of the National Black MBA Association and American Express are offering four graduate scholarships for Arizona students who demonstrate the potential to make significant contributions in the field of business.
Four $1,000 scholarships will be awarded. Students must:

Be enrolled in a graduate business program in an accredited college […]

Filed under: business by Finance Boss
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