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"The latest news and commentary on the economy, the markets, and business"

 http://business.time.com via rss feed as at Feb 9 2012 12:53am

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Feb 8 2012
11:00pm		Why the Future Depends on Today’s Discouraged Workers
Economists, investment advisors and political strategists are closely watching the unemployment rate. But few commentators acknowledge just how faulty the employment statistics are. One key problem is that a crucial group of people can’t be tracked... more
Feb 8 2012
9:00pm		How ‘Shadow Inventory’ Is Killing the Housing Market
Recently, there have been lots of positive signs coming out of the real estate market. Foreclosure rates are down, housing starts are up, and homes have appreciated in value in some markets for the first time since 2006. Even so, two reports surface... more
Feb 8 2012
4:15pm		Is ‘Made in America’ Back In Style?
My grandparents had two criteria for buying a car: It had to be blue, and it had to be American. The last time they purchased a car was in the '90s, when American car companies didn't have the best reputations for quality or reliability. When a few m... more
Feb 8 2012
10:32am		Apple Faces $1.6 Billion Legal Challenge Over iPad Name in China
Apple’s products have been a huge hit in China, but the company is facing an increasingly annoying headache there over the use of the iPad name for its wildly popular tablet computer. A Chinese company that says it owns the rights to the iPad t... more
Feb 8 2012
8:29am		Glencore, Xstrata Agree to $90 Billion Merger
LONDON — Anglo-Swiss mining group Xstrata PLC announced plans Tuesday to merge with commodities trading giant Glencore International PLC in a deal that will create the world’s fourth largest natural resources group. The combined company, to... more
Feb 8 2012
7:21am		Bernanke Sticks with Low-Rate Policy at Hearing
WASHINGTON — Ben Bernanke on Tuesday reiterated the Federal Reserve’s plan to hold interest rates near record lows until at least late 2014. The Fed chairman stuck with the three-year time line at a Senate Budget Committee hearing, even af... more
Feb 8 2012
6:15am		Why We Should Help Veterans Start Their Own Businesses
Successful entrepreneurs are hard-working, dedicated, disciplined, multi-skilled, and self-sufficient. They are problem solvers who aren’t afraid to get their hands dirty, and who stop at nothing until goals are reached. They are bold risk-take... more
Feb 8 2012
3:39am		Facebook Governance Already a Concern For Giant CA Pension Fund
Well, that was fast. Less than one week after Facebook announced plans to go public, one powerful investing group — the giant California state teachers pension fund — is already voicing concern about the company’s management structu... more
Feb 8 2012
12:00am		Will Google’s Insanely-Fast Kansas City Network Shame U.S. ISPs?
Google's highly-anticipated plan to build an ultra-fast city broadband network kicked into gear Monday with the search giant's announcement that it will begin laying miles of fiber-optic cable across Kansas City, Kansas and neighboring Kansas City, M... more
Feb 7 2012
11:00pm		How Global Economic Shifts Changed the Wine Industry — For Better and For Worse
The international wine market was a favorite subject for classical economists in the 18th and 19th centuries to help explain the benefits of free trade. Adam Smith advocated free trade in his opus, An Inquiry into the Nature and Causes of the Wealth ... more
Feb 7 2012
9:00pm		Amazon Said to Be Opening Its First Brick-and-Mortar Store
It looks as if Amazon, which seemed like it would never set foot outside of the digital world, will open its own brick-and-mortar store later this year. Multiple news outlets (citing unnamed sources) are reporting that Amazon’s first physical store... more
Feb 7 2012
4:33am		Wall Street: Doom and Gloom After No-Good, Very-Bad Year
How bad has the mood gotten on Wall Street? Judging by an article in the new issue of New York magazine, the answer is bleak indeed. Even as the broader economy shows signs of improving, Wall Street is coming off a year in which earnings — and ... more
Feb 7 2012
12:00am		In Latest Moves, Barnes & Noble is Betting it Can Compete With Amazon
Barnes & Noble’s most recent gambit, a refusal to sell books published by its rival Amazon, shows that the country’s largest bookstore isn’t backing down from the e-tail giant. But will it pay off? Last week, B&N announced that it w... more
Feb 6 2012
11:00pm		The Corporate Tax Rate Is Lowest in Decades; Is Business Paying Its Fair Share?
As the nation frets over slow growth and large budget deficits, much has been made over how much Americas are and should be paying in income tax. President Obama and Democrats have argued that the wealthiest among us are not paying their fair share. ... more
Feb 6 2012
9:00pm		Is American the Worst-Managed Airline in America?
Members of the Transport Workers Union (TWU) were scheduled to vote on a new contract with American Airlines, or AA, this December that would have lowered the airline’s cost and outsourced hundreds of jobs that weren’t directly related to aircraf... more
Feb 4 2012
8:28am		Dow, Nasdaq Surge to Post-Crisis Highs on Strong Jobs, Economic Data
Wall Street enjoyed a broad-based rally on Friday as two key stock indexes rose to the highest levels since before the Great Recession, propelled by better-than-expected employment data released earlier in the day. The strong upward movement by stock... more
Feb 4 2012
6:45am		Micron CEO Dies in Plane Crash
(BOISE) — Steve Appleton, the chief operating officer and chairman of Micron, died Friday morning in a small plane crash in Boise, the company said. He was 51. Micron spokesman Dan Francisco confirmed Appleton’s death in a release, and tr... more
Feb 4 2012
4:07am		January Jobs Report: Good News for the Economy, Bad News for the Pessimists
Some Obama opponents are struggling to find a cloud in the silver lining of January’s jobs numbers, which estimated that there was a 243,000-job boost and a big drop in the unemployment rate, from 8.5% to 8.3%, last month. Their biggest gripe foc... more
Feb 4 2012
3:42am		Is ‘Made in America’ Back In Style?
My grandparents had two criteria for buying a car: It had to be blue, and it had to be American. The last time they purchased a car was in the '90s, when American car companies didn't have the best reputations for quality or reliability. When a few m... more
Feb 4 2012
1:15am		Unemployment Falls As U.S. Adds 243,000 Jobs
The U.S. labor market continued to add new jobs in January, pushing the unemployment rate to the lowest level in nearly three years, in a sign that the economy is recovering from the worst recession in decades. The Bureau of Labor Statistics said Jan... more

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