Posts Tagged ‘Finance’

US jobless claims add to recovery fears

{ Posted on Sep 02 2010 by Financial Times - US homepage }
New claims for jobless benefits in the US fell last week but still remain above the level economists say is necessary to create jobs. Read More »

Obama Struggles With Urgent Task Of Fixing Economy

{ Posted on Sep 02 2010 by Financetech - All Stories }
President Barack Obama has declared fixing the U.S. economy his "central mission" but he has few tools to bring down nearly double-digit unemployment or jump-start the faltering recovery this year. ...Read More »

AIG Taiwan Unit Buyer Seeks Favorable Ending

{ Posted on Sep 02 2010 by Financetech - All Stories }
The buyers of American International Group Inc's Taiwan unit will be constructive as they seek to pursue the $2.2 billion bid even after Taiwan's regulators rejected it, a top executive said on Thursday. Read More »

Samsung to Challenge iPad With Own Tablet

{ Posted on Sep 02 2010 by Financetech - All Stories }
Samsung Electronics' first tablet computer will go on sale in two weeks, it said on Thursday, joining the hunt to challenge Apple's iPad. Read More »

SEC Probes Cancelled Trades In Flash Crash

{ Posted on Sep 02 2010 by Financetech - All Stories }
U.S. securities regulator is looking into a Wall Street trading practice in which unusually large numbers of orders to buy or sell stocks are placed in a fraction of a second, only to be canceled almost immediately, the Wall Street Journal reported on Thursday. Read More »

Europe Under Pressure To Approve Financial Regulations

{ Posted on Sep 02 2010 by Financetech - All Stories }
European Union officials and lawmakers are returning from their summer break to face a bulging in-tray of regulatory measures to approve. Read More »

Capgemini taps into Brazil IT market

{ Posted on Sep 02 2010 by Financial Times - US homepage }
Europe’s largest IT services company has placed a bet on Latin America, announcing on Thursday a deal to buy a majority stake in CPM Braxis, Brazil’s largest information technology services group Read More »

How To Respond To Unauthorized Transactions In Your Bank Account

{ Posted on Sep 02 2010 by Erik Folgate }
This past weekend, for the first time in my adult life, I was the victim of identity theft.  We were talking into the movie theater about to sit down for a movie, and I got a phone call from a ...Read More »

Transformation Never Ends

{ Posted on Sep 02 2010 by Financetech - All Stories }
Nearing completion of a program to overhaul the way his technolgy organization operates and how it is viewed by the business, BB&T EVP and CIO Paul Johnson says the evolution of IT is an ongoing journey. Read More »

ECB leaves cost of borrowing unchanged

{ Posted on Sep 02 2010 by Financial Times - US homepage }
Official borrowing costs in the eurozone have been left at a record lows for the 16th consecutive month as the European Central Bank sticks to its cautious stance on the region’s economic prospects Read More »