Job News From: Forbes

Forbes.com: Business News

Too Sexy To Sell? Through universities, Victoria Secret looks to tone it down. Water Rush Energy-intensive industries relocate to find the oldest source of power. Needed: Global Water-Policy Coordination Clean-water shortages are expected to rise, but short-term steps can be taken now to combat the problem. Outing Offshore Tax Dodgers A Senate panel grows frustrated with the IRS. The Anti-Smoking Tag Team Mike Bloomberg and Bill Gates want to shut tobacco companies out of the developing world.

Job News From: Yahoo! Business

Yahoo! News: Business Sun, 27 Jul 2008 07:22:43 GMT

Congress approves housing bill (Reuters) Reuters - The U.S. Congress approved a massive housing market rescue bill on Saturday, offering emergency financing to mortgage titans Fannie Mae and Freddie Mac , and setting up a $300-billion fund to help hundreds of thousands of troubled homeowners. Obama gives Bernanke vote of confidence (Reuters) Reuters - Presidential candidate Barack Obama gave a vote of confidence to Federal Reserve Chairman Ben Bernanke, saying he had made some good decisions in difficult circumstances. Apple CEO Jobs' life not in danger: report (Reuters) Reuters - Apple Inc CEO Steve Jobs, who has been dogged by investor concerns about his health, does not have recurrent cancer or a life-threatening health issue, The New York Times reported on Saturday. Colao answers call at Vodafone (Reuters) Reuters - Vodafone's incoming Chief Executive Vittorio Colao will need to combine his famed analytical mind with the discipline learnt as a reserve officer in Italy's Carabinieri when he takes up the top job this week. U.S. regulators seize two more banks, engineer sale (Reuters) Reuters - U.S. regulators took over two banks on Friday and sold them to Mutual of Omaha Bank, the sixth and seventh bank failures this year as financial institutions struggle with a housing bust and credit crunch. Obama gives Bernanke vote of confidence (Reuters) Reuters - Presidential candidate Barack Obama gave a vote of confidence to Federal Reserve Chairman Ben Bernanke, saying he had made some good decisions in difficult circumstances. Japan stocks drop on overnight US losses (AP) AP - Japanese stocks fell sharply Friday as Wall Street's overnight plunge renewed lingering concerns about the U.S. economy. Economy - Thursday (Investor's Business Daily) Investor's Business Daily - Home loan rates rose sharply over the past week amid inflation fears, a rebound in stocks and Treasury yields, and tighter credit standards. The 30-year fixed-rate mortgage rose to 6.63% for the week ended July 24 from 6.26% a week ago, said Freddie Mac. It's the 8th straight week over 6%. The 15-year fixed-rate mortgage rose 40 basis points to 6.18%. The 5-year Treasury-indexed adjustable-rate mortgage jumped to 6.18%, while the 1-year ARM was up to 5.49%. Destination retailers feel gas price pinch (AP) AP - Consumer spending is down and gas prices are up. That's bad math for the scores of destination retailers across the country that want customers to fill up the tank for a gas-guzzling day of retail therapy.

Job News From: NPR

NPR Topics: Business Sat, 26 Jul 2008 18:03:00 -0400

Disney, NRA Fight Over Guns At WorkDisney is leading a group of businesses that are fighting a new Florida state law that allows employees to bring their guns to work if they leave them in their parked cars. Disney says it's exempt from the law. The NRA accuses Disney of thumbing its nose at the Second Amendment. Security Expert Finds A Wrench In The InternetSeveral months ago, Dan Kaminsky discovered a major problem with the basic wiring of the Internet that could easily be exploited by hackers. It has to do with what's known as the domain name system, or DNS. Museum Celebrates The Harley-Davidson CenturyHarley-Davidson is celebrating its 105th anniversary with the opening of a museum in Milwaukee, Wis. But the motorcycle company isn't just looking in the rearview mirror. It's trying to lure new customers to keep its iconic brand alive. What's The Deal With The XM-Sirius Merger?The FCC has approved the merger of XM and Sirius satellite radio after 17 months of behind-the-scenes negotiations. While some critics have said the merger represents a monopoly, it appears that the two weak companies may be combining to form one weak company. Who's Succeeding During The Economic Slump?In many places around the country, the economy is down — but not everywhere. As economic changes alter how we work and play, some sectors are actually benefiting. Companies that immunize sell bikes and charter boats are all experiencing an unexpected boon. Ban On Naked Short-Selling Spurs StocksEver since the Securities and Exchange Commission decided to ban temporarily a practice called naked short-selling last week, the stock market has been rising. Some observers say it underscores how big a menace naked short-selling has become. U.S. Multinationals Get Boost From Weak DollarIt's a good time for U.S. companies that have an international reach. McDonald's, 3M and Amazon – all of which sell products overseas – are doing well this year in spite of the troubled economic situation at home, thanks in part to the depreciated dollar. Chinese Cargo Firm Buys German AirportA Chinese company has spent nearly $50 million to gain a shipping foothold in the heart of Europe, taking over a German cargo airport. Chinese goods may soon be assembled nearby in order to receive a coveted "Made in Germany" label. Understanding The Housing BillCongress is expected to vote this week on legislation to address the home foreclosure crisis, and shore up mortgage giants Fannie Mae and Freddie Mac. Here, a look at what the bill would do. Comparing State's Jobless BenefitsLawrence, Mass. and Salem, N.H. are just seven miles apart. But if you're out of work and trying to get jobless benefits, they're very different. We visit people coping with unemployment in both places. McDonald's Dollar Menu To Increase When times are tough, hamburger consumption goes up, an analyst explains. Nonetheless, McDonald's is planning to raise the price of its dollar menu. We examine the contradiction. The Model T Turns 100Thousands of visitors are expected to attend a birthday party for the vehicle in Richmond, Indiana. Model T owners from 44 states and nine countries are participating. We talk to some Model T owners about their cars. 'Marketplace' Report: In Tough Times, People Buy Dishwashers?Dishwashers and refrigerators are making investors happy; orders for durable goods rose at their fastest pace in four months. We examine the unexpected good news. Home Foreclosures Double In 2nd QuarterHome foreclosure filings more than doubled in the second quarter of 2008 from a year ago, according to real estate data released Friday by RealtyTrac Inc. Nationwide, 739,714 households — one in every 171 — received at least one foreclosure-related notice from April to June. Housing Bill Sparks Concern Among EconomistsOn Saturday, the Senate is expected to lend its approval to a major bill aimed at bolstering the battered U.S. housing market. Economists dislike the bill. Many fear this short-term legislative fix will not address a longer-term problem.