Mark Hurd is to become co-president of software maker Oracle only a month after being forced out as head of Hewlett-Packard over breaches of the computer makers’ code of conduct
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Hurd named co-president of Oracle
Air Products, the US industrial gases company has increased its hostile bid for Airgas to $5.5bn but threatened to walk away if shareholders did not accept its offer at an upcoming meeting
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Air Products raises its bid for Airgas
Finance companies that lend to consumers and smaller businesses in the US are finding it easier to fund themselves in the wholesale credit markets, marking a comeback from their troubles during the financial crisis
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Consumer finance rebounds from crisis
Several big-name managers struggled to gain traction, with many more under pressure to ramp up the level of risk in their portfolios to boost year-end numbers
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Hedge funds feel pressure with August results
Global law enforcement group is hoping to fill the gaps left by the military
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Altegrity takes frontline approach to security
Three weeks after its initially secret $39bn approach to PotashCorp, the Anglo-Australian miner faces conflicting pressures over the price it might have to pay to secure its target
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BHP needs to strike balance on Potash price
It’s Labor Day. The markets are closed. Those working for government, banks, schools etc have the day off. All totaled, 17.3 million citizens do not have a job today nor a job they can return to on Tuesday. Another 8.9 million will not work as many hours as they would like, this week, next week, or the week after that. How NOT to End the Great Recession In a New York Times Op-Ed, Robert B. Reich, a secretary of labor in the Clinton administration, and professor of public policy at the …
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Labor Day Insanity from Clinton’s Secretary of Labor
BHP Billiton’s $39bn hostile takeover bid for PotashCorp has revived interest in the commodity and the companies mining it, prompting investors to flood fertiliser consultants for advice
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Bid puts potash back on investors’ radar
Citigroup is at the centre of a dispute among analysts and accounting experts over whether it should set aside funds to cover $50bn of deferred taxes, a move that would reduce its capital buffer and weaken its balance sheet
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Citi under fire over deferred tax assets
Job hunters fall victim to scams in troubled times WRDW-TV While many legitimate businesses allow employees to work from home , there are also a lot of scammers trying to take advantage of senior citizens, …
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Job hunters fall victim to scams in troubled times – WRDW-TV
Gold & Silver Trading Biggest Scam in History Financial Armageddon Could Result Huffington Post (blog) Presumably, the government the wolves of Wall Street and every other financial player who has a lot to lose are working hard to keep this on the way down … and more
The fuel’s price could rise enough to make it more expensive than gas
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US coal
Diabetes medicine has become a thorn in the drugmaker’s side
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GlaxoSmithKline
Nigerian in US gets 12 year jail term for $1.3m scam NEXT I don't know why any woman would work two jobs whilst the husband simply stretches his legs at home doing nothing constructive like this idiot was doing. … Panda Security Uncovers Top Web Scams of the Decade PR-USA.net (press release) all 26 news articles
In response to Reflections on the “Recovery” reader “Thomas” has an interesting question regarding U6 unemployment that I would like to share. Thomas writes …Dear Mish, Always look forward to your analysis. One small question. How many living, breathing, frustrated, suffering, hopeless, and poverty stricken actual human beings does the U-6 number 17.6% translate to? Thank you. Best Regards, ThomasHere is the chart in question once again. One year ago the …
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"Destitute Index"
Donald Kohn: Fed Should Consider More Stimulus Huffington Post (blog) Americans see, know and understand the fraud and embezzlement of Wall Street and are suffering the consequences in unemployment and a collapsed economy. … and more
Medicare: The $60 Billion Fraud CBS News So, they go over to the dealer and the respiratory therapist sets them up on a concentrator and provides them training and does the set up in the home . …
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Medicare: The $60 Billion Fraud – CBS News
Homeowners who have a mortgage which is financed by either Fannie Mae or Freddie Mac are automatically eligible for home loan modification. The Governments $75 billion dollar “Making Home Affordable” plan allows automatic, money saving, …
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Get a Mortgage Modification Approval From Fannie Mae Or Freddie Mac
CBS News Student Complaints Rising at For-Profit Schools CBS News I later researched on that and knew about a quarter or two into my night classes that this was probably some sort of scam , but I was locked in. … and more