Hot finance and business news.
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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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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Shares in embattled bank Dexia plummeted 33 percent when they resumed trading Monday after the lender became the first major victim of a worsening credit squeeze in Europe.
Shares slid to 0.57 euro Monday afternoon in Brussels. They had been suspended Thursday as governments in Belgium, Luxembourg and France were figuring out how to save the […]
Filed under: Uncategorized, mortgage by Finance Boss
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World governments must not let their focus on spending cuts keep them from creating jobs that will be a key part of economic recovery, an international group of experts warned on Monday.
The Organization for Economic Cooperation and Development and the International Labor Organization say government support for the unemployed _ both with subsidies and job […]
Filed under: homeowners, marketing by Finance Boss
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Meg Whitman, eBay’s former chief executive, was named Thursday to lead Hewlett-Packard, the company said.
She replaces Leo Apotheker, the company’s chief executive, after only 11 months on the job. He is also stepping down as a director.
But Apotheker’s strategy, including consideration of spinning off H-P’s personal computer business from other parts of the company, will […]
Filed under: Small Business, mortgage by Finance Boss
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Stocks shifted between small gains and losses Wednesday morning as traders tried to anticipate what steps the Federal Reserve might take to stimulate the U.S. economy.
Concerns that Greece could fail to qualify for fresh bailout funds kept gains muted.
The Federal Reserve expects to announce the results of the central bank’s two-day policy meeting Wednesday afternoon.
Some […]
Filed under: News, Uncategorized by Finance Boss
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Iraq’s government says it has retrieved $116 million from French bank accounts that were registered to a former official in Saddam Hussein’s regime.
A statement by the Iraqi Integrity Commission says the recovered money includes $106 million from an account with UBAF bank and $10 million in accounts scattered across several other banks in France.
The statement […]
Filed under: Small Business, online by Finance Boss
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Venezuelan President Hugo Chavez said Wednesday that he may undergo another round of chemotherapy next week.
Chavez said he feels he is overcoming his illness. When he mentioned cancer, he described it in the past tense saying: “I had it.”
The 57-year-old Venezuelan leader recently shaved his head after his hair began to fall out as a […]
Asian stock markets opened Tuesday with modest gains, following leads in Europe and on Wall Street.
Japan’s Nikkei 225 rebounded from a five-month low on Monday by 0.2 percent to 8,647.62. South Korea’s Kospi recovered ground lost the day before, jumping 1.6 percent to 1,738.71. Australia’s S&P ASX 200 rose 0.8 percent at 4,113.20. Benchmarks in […]
This is fairy tale land and there’s even a pot of gold buried beneath it.
But not everyone’s happy.
With the precious metal at an all-time high, a Canadian company is eager to start blasting out mountains and demolishing parts of the ancient Romanian town of Rosia Montana to build an open-cast mine where 300 tons of […]