Job News From: Forbes

Forbes.com: Business News

Progress Of 'Nuclear Renaissance' Slows The rising cost of capital strains the nuclear energy industry. The Value Of New Drugs Is Dropping Yes, the FDA approved more medicines in 2008 than the year before. But in terms of sales, a new drug ain't what it used to be. Mr. Smut Goes To Washington The man who brought you "Girls Gone Wild" is looking for a bailout from Congress. Greece: 2009 Budget Too Good To Be True Economic targets for the new year appear optimistic, if not unrealistic. A Conversation With Bollywood's A.R. Rahman The man behind the music for ''Slumdog Millionaire'' on fame, the effects of the Mumbai terrorist attacks and changes in Bollywood.

Job News From: Yahoo! Business

Yahoo! News: Business Thu, 08 Jan 2009 11:23:56 GMT

Stock futures point to dip (Reuters) Reuters - Stock futures pointed to a lower open on Wall Street on Thursday on renewed economic fears and ahead of sales data from retailers. Citigroup, U.S. senators in mortgage legislation talks: report (Reuters) Reuters - Citigroup Inc is leading other lenders in advanced talks with key U.S. senators on legislation that would allow judges to set new repayment terms for millions of mortgage holders who wind up in bankruptcy court, the Wall Street Journal said, citing people involved in the talks. HSBC sees U.S. stocks best bets in 2009 (Reuters) Reuters - HSBC (0005.HK) , Europe's biggest bank, said on Thursday U.S. stocks were the best bets in 2009 due to the healthy profits some U.S. firms had made over the past two years, though a big sell-off was possible through March. Costco's same-store sales fall 4 percent (Reuters) Reuters - Costco Wholesale Corp reported a 4 percent fall in sales at stores open at least a year in December, hurt mainly by lower gasoline prices and foreign exchange losses. Lenovo cuts jobs, restructures (Reuters) Reuters - Lenovo Group, the world's fourth-biggest PC maker, forecast a quarterly loss as China's slowing economy hit sales, and said it will axe 2,500 jobs as part of a restructuring to cope with falling demand for computers. More cos. can tap Fed program to aid mutual funds (AP) AP - The Federal Reserve will allow more companies to take part in a program aimed at bolstering the money market mutual fund industry. Obama's performance czar has tried to improve IRS (AP) AP - Nancy Killefer, the management consultant chosen by President-elect Barack Obama to make federal agencies work better for the public, has a lot of experience trying to improve the agency taxpayers love to hate, the Internal Revenue Service. Paulson says changes needed at Fannie, Freddie (AP) AP - Treasury Secretary Henry Paulson on Wednesday said the best option for the future of Fannie Mae and Freddie Mac could be for the mortgage giants to be run like public utilities. Music & games retailer Zavvi to close 22 stores (AP) AP - British music and entertainment retailer Zavvi will immediately close 22 stores and cut 178 jobs, the collapsed company's administrators said Thursday.

Job News From: NPR

NPR Topics: Business Thu, 08 Jan 2009 06:00:00 -0500

Outsourcing Giant Admits Cooking The BooksThe chairman of one of India's largest technology outsourcing companies has resigned after admitting the company's profits had been inflated for several years. The scandal at Satyam Computer Services threatens future foreign investments into India, and tarnishes the once-booming outsourcing sector. CES Touts Latest Electronic Auto GadgetsThe Consumer Electronics Show opens today in Las Vegas. The keynote speech is from Alan Mulally, CEO of Ford. While the auto industry is hurting, vendors at the show hope consumers might spend their money on flashy new gadgets to put in their old cars. Last Word In BusinessAri Shapiro has the Last Word in business. Verizon Wireless Chooses Internet Search ProviderMicrosoft has scored a victory against Google. The two had been vying to become the default Internet search provider for Verizon's mobile phones. Verizon announced Wednesday that Microsoft is the winner. Microsoft also announced it reached a similar search engine agreement with Dell Inc. Both deals boost Microsoft's position in the competitive world of search engines and advertising. Can 'Green Jobs' Stimulate The Economy?Congress has begun work on an economic stimulus package that could cost as much as $1 trillion and will likely include tax incentives to encourage investment in green technologies. Many people think "green jobs" are a key part of rebuilding the economy, but not everyone is convinced. For Obama, Donations Don't Gush Like They Used ToLess than two weeks before the inauguration, President-elect Barack Obama's inaugural committee and his transition project face potential budget shortfalls. They jointly need some $50 million, and fundraising appears to have been lagging. Fisheries Rebounding, But Ports Pay A PriceJim Caito's family has been working the shores of northern California since the 1880s. But the once-bustling scene outside Caito Fisheries is long gone, a casualty of attempts to keep fisheries alive through a quota system. Europe Feels Pain Of Russia-Ukraine Gas SpatThe dispute between Russia and Ukraine over the price of natural gas is starting to cause energy shortages in many European countries. The European Union has called on Moscow and Kiev to solve their disagreement, which comes just as a winter freeze envelops much of the continent. Infomercials Thrive Amid DownturnA downturn in the economy has provided a boom for infomercials. A.J. Khubani, president and CEO of the direct response company TeleBrands, says his company has seen that business booms in bad economic times. He attributes the success to lower TV ad rates. Ethanol Takes A Hit Amid Falling Oil PricesAn plant in Plainview, Neb., announced a temporary shutdown this week, and other ethanol companies have put plans to build new plants on hold. Chris Hurt, professor of agricultural economics at Purdue University, attributes the downturn in the formerly booming ethanol industry to excess capacity and low fuel prices. Please Touch: Technology Consumers Want In 2009Despite the recession, consumers are expected to spend a lot of money on consumer technology. The top trends for 2009 include touch-screen displays, electronic book readers, high-definition flash camcorders, netbooks and climate control systems. How Did Economists Miss The Crash?There are literally hundreds of economists in the U.S. These are people who pour over economic data and prognostications for a living. So what went wrong? We explore what they can do to improve their tarnished reputations. Dr. Doom Predicted The Economic CollapseThere were some economists who saw the collapse coming. New York University economist Nouriel Roubini was labeled Dr. Doom for his prophetic warnings. What are these economists saying about the future now? Toyota To Suspend Production For 11 DaysToyota says it will suspend production at its Japanese plants for 11 days in February and March. This marks a stoppage of unprecedented scale for the automaker. We examine what it means. Monster Companies Settle Name DifferencesMonster Cable sued hundreds of businesses last year for using the word "Monster" in their names. But a chain of mini golf courses fought back and took its case to the public. Now Monster Cable and Monster Mini Golf have settled their differences.