March 31st, 2011
Drivers looking to make car rental reservations on the popular travel online agency Orbitz soon won’t be able to book car rentals with Enterprise Holdings, the country’s largest rental car company.
Clayton-based Enterprise announced Wednesday that effective Friday, none of its three brands - Enterprise Rent-A-Car, Alamo or National - will be available on Orbitz.com or […]
Filed under: Small Business, technology by Finance Boss
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March 31st, 2011
Criticism that “moral hazard” is the main legacy of U.S. taxpayer-funded bailouts is unfair, a Treasury Department official said.
“We recognize that moral hazard is a real and significant concern” in the Troubled Asset Relief Program, Timothy Massad, acting assistant secretary for financial stability, said in a hearing before a House Oversight Committee panel today. […]
Filed under: mortgage, uk by Finance Boss
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March 29th, 2011
CBS Corp. has won a more than $1 million judgment against St. Louis-based Roberts Broadcasting over a payment dispute for syndication fees.
CBS subsidiaries CBS Studios Inc. and King World Productions Inc. filed a lawsuit in Los Angeles Superior Court in April 2010 against Roberts Broadcasting. The business is part of the Roberts Cos., a real […]
Filed under: Small Business, mortgage by Finance Boss
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March 22nd, 2011
Protesting contract workers are occupying Athens’ City Hall, disrupting municipal services, to protest at continued cuts in state-paid jobs.
The protesters, whose contracts have expired but are fighting for permanent jobs in court, staged a peaceful occupation Tuesday. Police did not intervene.
Mayor Giorgos Kaminis promised to give the protesters priority when hiring new workers. But government […]
Filed under: online, technology by Finance Boss
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March 21st, 2011
South Korea’s won fell, following two weeks of declines, on concern rising oil prices will slow global economic growth.
The U.S., U.K. and France launched cruise missiles and airstrikes at targets in Libya at the weekend, spurring renewed speculation oil supplies may be disrupted. The benchmark Kospi stock index advanced for a fourth day […]
Filed under: management, marketing by Finance Boss
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March 19th, 2011
European Central Bank President Jean-Claude Trichet indicated the bank still plans to raise interest rates next month, saying he doesn’t want to change his message on the need to contain inflation.
“I have nothing to add, nothing to withdraw,” Trichet told reporters today in Frankfurt when asked if policy makers are still in a posture […]
Filed under: economics, finance by Finance Boss
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March 17th, 2011
The fiscal year is nearly half over, but lawmakers are still shooting spitballs across the aisle over a very small part of the budget instead of doing what they should have done six months ago — fund the government for the rest of the year.
The grudge match over what to cut is "dysfunctional," said […]
Filed under: Uncategorized, economics by Finance Boss
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March 16th, 2011
Japanese shares rebounded sharply Wednesday, recovering some of the massive losses sustained the last two days following a devastating earthquake and tsunami.
The Nikkei rose 547.86 points, or 6.4 percent, to 9,153.01. The index had shed more than 1,600 points, or 16 percent, Monday and Tuesday as worries over the nuclear crisis triggered widespread selling.
The plunge […]
Filed under: business, marketing by Finance Boss
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March 14th, 2011
Stocks are headed for a lower opening as investors assess the economic fallout of a massive earthquake in Japan.
The devastating earthquake and tsunami along Japan’s northeast coast killed thousands of people and led to what is expected to be billions in dollars of damage. That raised fears of an economic slowdown in the world’s third-largest […]
Filed under: News, Uncategorized by Finance Boss
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March 13th, 2011
Amsted Rail Co. has rehired about 700 workers at its Granite City plant in recent months, with plans to add 250 new employees.
“It’s going great. We have all our people back at work,” said Robert Lott, president of United Steelworkers of America Local 1063, the union representing workers.
The Chicago-based maker of rail machinery laid off […]
Filed under: lenders, money by Finance Boss
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