Kodak breaking up with the Oscars

Eastman Kodak is trying to end its sponsorship of the Hollywood theater that bears its name and hosts the Academy Awards as part of the photography company’s bankruptcy process.
Kodak, which filed for Chapter 11 bankruptcy protection on Jan. 19, filed court documents on Wednesday requesting that it sever its contract with the Kodak Theatre […]

Provides fast cash advance payday loans nationwide with no credit checks required.

China Mulls Relaxing Capital Rules for Banks - Bloomberg

China

Please remember that a payday loan is a rather expensive line of credit. Much like taking something to the pawn shop.

Raymond James wins bidding war to buy Morgan Keegan

After more than six months on the auction block, Florida-based Raymond James Financial emerged as the winning bidder to acquire Morgan Keegan & Co., a Memphis-based brokerage that’s a powerhouse in municipal bond underwriting.
Raymond James was competing with St. Louis-based Stifel Financial in the final days leading up to Wednesday’s sale announcement, but Stifel’s bid […]

Homes sales are up, but prices still decline

The St. Louis home market seems to be going in two directions at once

World stocks up as Europe stabilizes, Japan grows

World stocks rose Monday after Japan’s economy grew for the first time in four quarters and Europe moved closer to resolving a debt crisis that threatens to hurl the region into recession.
Benchmark oil hovered near $99 per barrel while the dollar gained against the euro but fell against the yen.
European stocks were higher in early […]

APNewsBreak: Party member urges Greek PM to resign

A senior Greek governing party lawmaker says he will not support the government in a critical confidence vote unless Prime Minister George Papandreou pledges to resign over the weekend and start talks on a caretaker government.
The lawmaker made the comment to The Associated Press hours before the Friday confidence vote, speaking on condition of anonymity […]

Surveys show slow growth in China manufacturing

Surveys show China’s manufacturing remained sluggish in October, with a government industry group reporting the slowest growth in nearly three years.
The China Federation of Logistics and Purchasing said Tuesday that its monthly purchasing managers index fell an unexpectedly large 0.8 percentage point to 50.4, just above the 50-level that signifies expansion.
It forecast the economy would […]

Dollar cost averaging smooths out volatility

Wouldn’t it be nice if you could smooth out all the rough spots in your personal investments?
Many investors have wondered just that during this frenetic market year that is constantly being buffeted by world events. Too often, they boldly invest when stock prices are high, then fearfully halt their investing or sell their holdings altogether […]

Ford’s success stirs UAW resentment in labor talks

Ford’s turnaround over the last five years has resulted in big profits and won its CEO a reputation for brilliant management.
But those same achievements are stirring resentment among many of its factory workers. And that is complicating contract talks between the company and its union employees.
At The Rouge, Ford’s massive, 94-year-old factory complex in Dearborn, […]

Worker aid program key to passing free trade deals

A half-century-old program that helps workers who lose their jobs to foreign trade holds the key to whether Congress may finally approve three long-delayed free trade agreements viewed by both the Obama White House and congressional Republicans as a way to invigorate the economy and create jobs.
It’s a classic Washington trade-off.
Many Democrats don’t like the […]