Hot finance and business news.
Rupert Murdoch’s British newspaper company spied on two lawyers who represent alleged victims of phone hacking by its tabloid News of the World, the firm acknowledged Monday.
News International said lawyers Mark Lewis and Charlotte Harris “were subject to surveillance,” a practice it called “inappropriate.”
The BBC and The Guardian newspaper reported Monday that Lewis and Harris […]
The economic downturn hit the collectibles market hard.
Prices tumbled and many collectible items were not even put up for sale because owners who had purchased them during the price run-up feared offers would be too low. Many potential buyers were too shell-shocked to make any financial moves of any kind.
Only now, as investors thrash about […]
Filed under: Uncategorized, technology by Finance Boss
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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 […]
Filed under: technology, term by Finance Boss
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What is a lean health care project, and what is its most important ingredient?
Lean health care construction projects are, by their nature, fast-track and don’t leave room for redesign. Under such projects, contractors order materials and begin construction while the design is being completed. Redesign can lead directly to cost increases. Poor starts in design […]
The new president of embattled Olympus Corp. on Thursday denied the company’s $687 million payment for financial advice was excessive, while foreign business groups urged Japan to bolster its lagging corporate governance rules to avoid more high-level scandals.
Shuichi Takayama, who was named president Wednesday following the abrupt resignation of Chairman and President Tsuyoshi Kikukawa, sought […]
Shares of Centene Corp. stock rose 9 percent today in the wake of an earnings report that showed the Clayton-based firm had corralled additional revenue from managing health care services for the poor.
By 3 p.m., Centene was selling for about $31.77 per share, up from $29.07 at Monday’s close of the New York Stock Exchange.
Increased premium and service revenues helped […]
Filed under: Uncategorized, online by Finance Boss
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The rise of social media is pitting people who value privacy against those who want to share their lives with others.
That
Filed under: management, technology by Finance Boss
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Premier Silvio Berlusconi has survived a confidence vote in parliament, but his narrow majority raises doubts over his ability to govern effectively when Italy needs a steady hand during its economic crisis.
Berlusconi’s conservatives won the vote in the lower house of parliament Friday 316-301.
THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. […]
Filed under: finance, homeowners by Finance Boss
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Federal regulators on Wednesday cited oil company BP PLC and two other companies _ Transocean Ltd. and Halliburton _ for alleged safety and environmental violations stemming from last year’s rig explosion and massive Gulf oil spill.
The companies have 60 days to appeal the citations issued by the Interior Department’s Bureau of Safety and Environmental Enforcement.
The […]
Filed under: Small Business, mortgage by Finance Boss
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The leaders of Germany and France, the eurozone’s two biggest economies, say they have reached agreement on strengthening Europe’s shaky banking sector.
German Chancellor Angela Merkel says she and French President Nicolas Sarkozy “are determined to do the necessary to ensure the recapitalization of Europe’s banks.”
Merkel spoke after talks with Sarkozy at Berlin’s chancellery Sunday aimed […]