RSSMix.com Mix ID 47279

Finally! Good news from credit card industry

Thu, 11 Mar 2010 13:55:13 -0500

Recently card holders have seen interest rates increase, new and higher fees. and fewer reward programs.

Nurses paid more than family doctors

Thu, 11 Mar 2010 13:53:22 -0500

Despite the growing shortage of family doctors in the United States, medical centers last year offered higher salaries and incentives to specialist nurses than to primary care doctors, according to an annual survey of physicians' salaries.

Preventing Prostate Cancer

Marc Siegel — Thu, 11 Mar 2010 13:45:00 -0500

Why patients should be screened long before they turn 50.

GMAC: The scariest zombie

Thu, 11 Mar 2010 13:44:54 -0500

Now that Citigroup and AIG are rolling in the bucks, GMAC is looking like the most egregious zombie bank of them all.

Stocks churn after two-week run

Thu, 11 Mar 2010 13:41:07 -0500

Stocks struggled Thursday as investors eyed mixed economic news and a fluctuating U.S. dollar and opted to step back after the recent advance.

Citigroup sees return to sustained profitability

Thu, 11 Mar 2010 13:40:26 -0500

NEW YORK (Reuters) - Citigroup Inc Chief Executive Vikram Pandit told investors on Thursday that he views the troubled bank as "well positioned to return to sustained profitability."

Medicaid For All?

Kerry A. Lynch — Thu, 11 Mar 2010 13:40:00 -0500

Expanding the government's role in medicine will increase political influence over health care decisions.

Financial reform bill coming from Democrats

Thu, 11 Mar 2010 13:39:14 -0500

Senate Democrats on banking panel plan to release and start working on a financial overhaul bill next week, without Republican support.

Feds pledge tough review of Comcast-NBC deal

Thu, 11 Mar 2010 13:37:04 -0500

WASHINGTON (AP) -- Federal regulators are pledging a rigorous review of the proposed combination of Comcast Corp. and NBC Universal....

Regulator faults Wall Street banks on derivatives

Thu, 11 Mar 2010 13:36:21 -0500

WASHINGTON (AP) -- A federal regulator says Wall Street banks are seeking exemptions to proposed new rules for financial derivatives that could shield more than half the trades in the complex instruments that should be subject to disclosure....

Citi's Pandit aims for $20 billion in profits

Thu, 11 Mar 2010 13:35:36 -0500

Citigroup CEO Vikram Pandit offered a bold outlook for his troubled firm Thursday, saying he hoped his company would soon be able to deliver profits of approximately $20 billion.

Smithfield Foods sees profit in 3Q, tops forecasts

By SARAH SKIDMORE — Thu, 11 Mar 2010 13:35:07 -0500

PORTLAND, Ore. (AP) -- Smithfield Foods Inc., the nation's largest hog producer and pork processor, reported a profit on Thursday for its third quarter after more than a year of losses....

Simon CEO: No pressure from rival Gen Growth plan

Thu, 11 Mar 2010 13:21:03 -0500

NEW YORK (Reuters) - The chief executive of Simon Property Group Inc said on Thursday a revised plan by management of General Growth Properties Inc to emerge from bankruptcy would not put pressure on his company to sweeten its own $10 billion offer.

Jobless claims fall, trade gap narrows on oil

Thu, 11 Mar 2010 13:16:33 -0500

WASHINGTON (Reuters) - The number of U.S. workers filing new claims for unemployment benefits fell only slightly last week, indicating that rapid job growth would probably continue to elude the economy for a while.

Toyota troubles put spotlight on US safety agency

By KEN THOMAS and STEPHEN MANNING — Thu, 11 Mar 2010 13:38:55 -0500

WASHINGTON (AP) -- The government may require automakers to include brake systems that can override the gas pedal in response to Toyota's massive recalls, auto safety officials told Congress on Thursday....

Getting Hard To Find A Reason To Buy Corporate Bonds

Matthew Craft — Thu, 11 Mar 2010 13:12:35 -0500

Some scenarios for trouble with investment-grade debt should make investors stay away.

Financial reform deal fails, hopes for 2010 dim

Thu, 11 Mar 2010 13:04:51 -0500

WASHINGTON (Reuters) - Chances of a broad overhaul of U.S. financial regulation this year dimmed on Thursday after bipartisan Senate talks collapsed.

Welcome to Detroit, Mr. Whitacre

Thu, 11 Mar 2010 12:57:48 -0500

The honeymoon is officially over.

Households recovering from economic freefall

Thu, 11 Mar 2010 12:56:06 -0500

The net worth of American households increased slightly during the final three months of 2009, the Federal Reserve said Thursday.

No Hunger For Landry's As Losses Rain Down

Melanie Lindner — Thu, 11 Mar 2010 12:55:10 -0500

The operator of Rainforest Cafe and Landry's Seafood slides on fourth-quarter loss.

10 Ways Electronic Breaches Could Blindside Global Finance

Forbes Blogs — Thu, 11 Mar 2010 12:54:32 -0500

From hacking to coding mistakes and rogue insiders, the financial system is vulnerable to disruption

Dodd to offer his own financial regulation bill

By JIM KUHNHENN — Thu, 11 Mar 2010 12:54:08 -0500

WASHINGTON AP) (AP) -- Unable to muster bipartisan agreement on key banking provisions, Senate Banking Committee Chairman Christopher Dodd said Thursday he will offer his own version of a sweeping overhaul of financial regulations without Republican support....

Street Sways On Jobs Data

Miriam Marcus — Thu, 11 Mar 2010 12:45:00 -0500

U.S. equities off earlier lows, pressured by weekly jobless claims and narrowed trade deficit.

How To Keep Your Employees Focused And Functioning, Even Now

Lisa Earle McLeod — Thu, 11 Mar 2010 12:38:11 -0500

Here are three big steps you can take that cost nothing.

It's a small (cap) world after all

Thu, 11 Mar 2010 12:37:15 -0500

Want to know if all this talk of an economic recovery is for real? Don't think big. Think small.

New Zealand's 2009 Wines

Eric Arnold — Thu, 11 Mar 2010 12:33:17 -0500

The latest releases offer more of the same: Great value, with plenty of question marks --but all wor

Exxon Mobil boosts 2010 capital spending 4 percent

Thu, 11 Mar 2010 12:30:40 -0500

NEW YORK (Reuters) - Exxon Mobil Corp will increase its capital spending nearly 4 percent this year to $28 billion in part as the largest U.S. oil company seeks to increase its share of the global market for natural gas.

Markets slip as China inflation raises concerns

Thu, 11 Mar 2010 12:25:39 -0500

NEW YORK (Reuters) - U.S. stocks edged lower on Thursday as China inflation data raised worries about reduced demand from one of the world's largest economies, but gains in big-cap technology shares limited losses.

The Importance of Doing Meaningful Work

Janice Obuchowski — Thu, 11 Mar 2010 12:12:37 -0500

Business students often see little overlap between the jobs they plan to do and those they consider most socially responsible or would most enjoy.

Fast food chains face tomato famine

Thu, 11 Mar 2010 12:11:36 -0500

Fast food joints are scrambling to find alternate sources for one of America's favorite sandwich toppings after a winter freeze took a huge bite out of Florida's tomato harvest.

Losing Nathan Shouldn't Hurt Twins Much

Forbes Blogs — Thu, 11 Mar 2010 12:04:15 -0500

Minnesota Twins' closer Joe Nathan has a damaged ligament in his elbow, which may or may not requir

Stocks trade flat on concern about China inflation

By STEPHEN BERNARD and TIM PARADIS — Thu, 11 Mar 2010 13:13:10 -0500

NEW YORK (AP) -- Stocks traded in a tight range for a fourth day Thursday after China reported a jump in inflation. Mixed U.S. economic news also held the market back....

Money Lessons From The World's Wealthiest Families

Carol Pepper — Thu, 11 Mar 2010 12:00:02 -0500

Family offices keep the world's richest families in the green. If you follow these tips you can do the same.

The Pandemic That Wasn't

Henry I. Miller — Thu, 11 Mar 2010 12:00:00 -0500

The incompetence of the World Health Organization.

Home Depot Shrinks Its Energy Bill

Melissa Hincha-Ownby — Thu, 11 Mar 2010 12:00:00 -0500

The home improvement retailer makes headway on its plan to cut energy use by 20%.

Treasurys down ahead of 30-year auction

Thu, 11 Mar 2010 11:56:47 -0500

Treasurys traded lower Thursday ahead of a government auction of $13 billion in 30-year bonds.

Jamboree For Gymboree

Melanie Lindner — Thu, 11 Mar 2010 11:48:09 -0500

Children's apparel retailer gains on earnings and expansion plans. It may still be cheap, too.

Are You Born to Be a Billionaire?

Helen Coster — Thu, 11 Mar 2010 11:47:46 -0500

It takes more than smarts. Here is an honest guide for assessing your ability to go big.

How free markets sank the U.S. economy

Thu, 11 Mar 2010 11:45:24 -0500

NEW YORK (Reuters) - Two years ago, a poisonous brew of bad economics, lax regulation, and egregious behavior boiled over, scalding the financial system and pitching the United States into its steepest downturn since the Great Depression.

Exxon Mobil Announces 2010 Capex Plans

MarketNewsVideo.com — Thu, 11 Mar 2010 11:43:18 -0500

Exxon will spend $27 billion on capital projects, up one billion from last year.

BP to pay Devon $7 billion for oil fields

Thu, 11 Mar 2010 11:39:07 -0500

LONDON/NEW YORK (Reuters) - BP will pay $7 billion to Devon Energy for assets that will extend its reach into Brazil and bulk up its position in the Gulf of Mexico, as the world's top oil companies look to acquisitions to refill depleting reserves.

Apple's iPad: A "Trojan Horse" for Sprint?

Elizabeth Woyke — Thu, 11 Mar 2010 11:35:07 -0500

Like competitor Verizon Wireless, Sprint Nextel wants iPad users to use its network to get online

Smithfield Makes Money Making Bacon Again

MarketNewsVideo.com — Thu, 11 Mar 2010 11:25:30 -0500

The pork producer also offers a more optimistic outlook.

Mortgage rates remain below 5 percent

By ALAN ZIBEL — Thu, 11 Mar 2010 11:23:17 -0500

WASHINGTON (AP) -- Mortgage rates held below the 5 percent threshold for the second straight week, a report said Thursday, weeks before a government program that has been keeping rates low is scheduled to expire....

IEA Chief Predicts End Of Internal Combustion Engine By 2050

Christopher Helman — Thu, 11 Mar 2010 11:22:20 -0500

"The cheap energy era is over," says Tanaka. To survive, the world needs a clean energy building boo

Avatar Helps IMAX Break Records

Melanie Lindner — Thu, 11 Mar 2010 11:20:00 -0500

Theater outfitter gains from strong fourth quarter and international deals in its pipeline.

Pink Floyd suit: Sell all the bricks in 'The Wall'

Thu, 11 Mar 2010 13:14:37 -0500

Pink Floyd won a legal battle Thursday against EMI that prevents the band's long-time record label from selling individual songs online.

China's February inflation accelerates

By JOE McDONALD — Thu, 11 Mar 2010 11:10:12 -0500

BEIJING (AP) -- China's inflation rose in February amid galloping growth and demand for scarce labor, increasing pressure on Beijing to ease off its stimulus while keeping a recovery going in the world's third-largest economy....

Brighter outlook for international airlines

Thu, 11 Mar 2010 10:29:36 -0500

The international airline business is improving, said an industry group Thursday, and while losses are still expected for 2010, they should be half the size previously forecast.

Sarkozy, Merkel propose clampdown on speculators

By MIKE CORDER — Thu, 11 Mar 2010 10:22:38 -0500

THE HAGUE, Netherlands (AP) -- French President Nicolas Sarkozy and German Chancellor Angela Merkel called Thursday for a clampdown on the type of speculative trading that exacerbated Greece's debt crisis and undermined the euro in recent weeks....

EADS to cut bonuses, not jobs after A400M: exec

Thu, 11 Mar 2010 10:11:40 -0500

HELSINKI (Reuters) - Top executives at aerospace group EADS will see their bonuses hit after the cost debacle surrounding the delayed A400M military transport aircraft, but staff will mostly be spared, its top personnel executive said on Thursday.

Unemployment claims show long-term problem

Thu, 11 Mar 2010 12:00:57 -0500

The number of Americans filing continuing claims for unemployment insurance spiked last week, the Labor Department said Thursday, as sluggish hiring continues to drag on the labor market's recovery.

Trusting science on climate change

Thu, 11 Mar 2010 09:49:56 -0500

Those beating the global warming drum have sure taken a few lumps lately.

Oil slips on job worries

Thu, 11 Mar 2010 12:27:14 -0500

Oil prices fell Thursday, amid higher continuing jobless claims.

The new me

Thu, 11 Mar 2010 09:47:18 -0500

I like myself pretty well. I've done okay as me. But it came to my attention recently that I was up for a redesign. These things are scary at first, but as they go along, they start to get exciting. Businesspeople are like sharks, not just because we're gray and slightly oily, or because our teeth trail the innards of those we have eviscerated, but because we must move forward or die.

Living on a freelancer's budget

Thu, 11 Mar 2010 09:43:09 -0500

Chris and Janie Peterson have an enviable life. They own a lovely 3-bedroom ranch house just outside Minneapolis and have work schedules flexible enough to allow them lots of time with their children, Reece, 10, Cecily, 9, and Georgio, 7.

Why the U.S. can't inflate its way out of debt

Thu, 11 Mar 2010 13:34:38 -0500

It's dawning on people that getting a handle on burgeoning U.S. debt will be a long and hard process.

Trade deficit shrinks as auto and oil imports drop

By MARTIN CRUTSINGER — Thu, 11 Mar 2010 09:28:33 -0500

WASHINGTON (AP) -- The U.S. trade deficit unexpectedly shrank in January, reflecting a big drop in imports of oil and foreign cars. American exports also fell, a potential blow to hopes that the economic recovery will be aided this year by U.S. sales abroad....

Driving deaths plunge, fewest since 1954

Thu, 11 Mar 2010 08:30:55 -0500

The U.S. Department of Transportation said Thursday that traffic fatalities in 2009 reached their lowest level since 1954.

HSBC says Swiss data theft affects 24,000 accounts

Thu, 11 Mar 2010 08:27:57 -0500

LONDON/GENEVA (Reuters) - HSBC , Europe's biggest bank, said a theft of data by a former employee affected up to 24,000 Swiss client accounts, dealing a hefty blow to the reputation of its private bank.