Biz News Archive

Business news, business plans and more

Bonds: Smarter Plays for Darker Days

Thinking of Treasuries or other fixed-income plays as the stock market sinks? Here’s what to look for.

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Stocks: A First Half from Hell

Indexes rose slightly Monday, ending the worst month for the S&P 500 since 2002. It was the worst June showing for the Dow since 1930.

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US authorities probe UBS over tax

US authorities step up a probe into claims that offshore accounts at UBS were used to avoid paying tax.
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Tips for Homeowners on the Brink

In a tough economic climate, many Americans are choosing to just walk away from their mortgages. Is that a good idea?.

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Microsoft’s Plan B for Search

Moving past the Yahoo saga, the software giant is eyeing semantic search engine Powerset as a way of closing the gap with Google

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Beggars belief

Pakistan’s poor starve as food prices soar
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The Worst IPO Market on Record?

The first half of 2008 was dismal for venture-backed initial public offerings, and most VCs don’t see the climate improving any time soon

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Make-or-Break Interview Mistakes

To get on HR’s good side, avoid certain behaviors. A major faux pas, and your name gets crossed off that list of potential candidates.

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EBay Gets Buffeted in Europe

The auction site could face millions in extra costs to track down counterfeit goods if a French court’s LVMH decision stands

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Bonds: Smarter Playsfor Darker Days

Thinking of Treasuries or other fixed-income plays as the stock market sinks? Here’s what to look for

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Deposit protection plans proposed

The chancellor is expected to propose measures to protect savers in the event of a bank getting into financial difficulty.
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From a thousand-year-old Turkish cave to an ancient French rock fortress, these subterranean hotels are above average.

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Wachovia’s Pick-a-Pay Pullback

The bank takes away its minimum payment feature on mortgages, a clear sign that a further surge in defaults is inevitable

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Chrysler cuts minivan production

Chrysler announces plans to cut the production of minivans as rising fuel costs encourage drivers to switch to smaller cars.
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Worst to Come for Home Prices?

Worst to Come for Home Prices?

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Bear Exec Returns to the Street

Richard Marin, former chairman of Bear Stearns Asset Management, will help hedge fund managers share information about risk

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As struggling consumers try to keep their old cars running in a softening economy, some states and Canada are offering cash rewards to motivate drivers to retire their old clunkers, according to a published report.

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The investment bank’s shares take another beating on speculation a rival firm will make a bid at a big discount to its current price

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USDA says floods hurt corn crop

Read full story for latest details.

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Food prices less affected by floods

Read full story for latest details.

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GMAT Scandal: Some Answers

The B-schools testing service spells out more detail about which students are likely to get nabbed in a cheating controversy

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Mandel: The E-Commerce Factor

BW Chief Economist Michael Mandel says that because e-commerce accounts for nearly all retail growth, U.S. consumer spending is overstated

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Surge of New Software for the iPhone

Aiming to capitalize on the new features of Apple’s iPhone 3G, developers are planning an array of applications, including several for business.

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Tesco to end trade with Zimbabwe

Supermarket chain Tesco is to stop buying goods from Zimbabwe due to the political crisis, the company says.
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Last year I swapped out of my five-year-old smallish station wagon for a seven-seat SUV. I did it for two reasons: fitting four kids, none of whom weigh enough to sit in the front seat, into my vehicle so that I could participate in a couple of carpools; and getting up the aptly named Long [...]

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