There is one story in Tech that has fingers scratching heads and tongues wagging
today: Is Dell launching a smartphone too? The Journal first reported the story,
saying a move into cell phones could come as early as next month. …
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Posted on January 31st, 2009 by
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As if you needed further proof the economy is bad, here comes the Super Bowl: Turns out even the big game isn’t immune to the slowdown. True, NBC is expected to sell out 33.5 minutes of commercial time at an average rate of $3 million per 30 seconds, acco
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With the financial system still in desperate need of repair, policymakers continue to rack their brains for possible solutions to dealing with the mountain of toxic debt on the banks’ balance sheets. …
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From ClusterStock.com, Jan. 29, 2009: The Wall Street Journal is reporting that legislators are likely to add a tax credit worth $4,500 to the stimulus bill for consumers that replace their older cars with more fuel efficient cars. …
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Talk about the end of the salad days. The White House is pledging action against “irresponsible” bonuses for executives at bailed-out Wall Street companies and Senator Claire McCaskill has proposed a law to cap their compensation to $400,000 a year.
Masters of Wall Street should not make more money than the president of the United States, […]
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Bankers desperate for signs of life in the U.S. IPO market are likely to be buoyed that three are on the calendar in a single week in February, including a $562.5 million offering by Bristol-Myers Squibb offshoot Mead Johnson Nutrition. Hardly a deluge, but not bad after only one IPO in the past six months.
That flurry […]
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Even though fertilizer maker Terra Industries rejected a more than $2 billion takeover offer from rival CF Industries earlier this week, CF has said it is still committed to doing a deal.
While CF said it prefers a negotiated transaction, it could launch a hostile bid. So, how are Terra’s defenses against a possible hostile takeover?
Fair, according […]
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Without mincing words, President Obama strongly condemned Wall Street’s $18.4 billion bonus pool for 2008, calling it “the height of irresponsibility” and “shameful.” We couldn’t agree more, as detailed here. …
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Posted on January 30th, 2009 by
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