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Wed, 10 Mar 2010
(Photo: AP / Michel Spingler, file)Eurotunnel Ekes Out Profit for 2009 Despite Disasters
A Eurostar train enters the Channel Tunnel in Calais, northern France, in this Nov. 21, 1996 file photo. Anglo-French tunnel operator Eurotunnel reported a euro1.89 billion (US$2.36 billion) net loss in 2003 on Monday, Feb. 9, 2004 and said it had appealed to the French and British governments to allow for a rate cut to help boost traffic....Full Story

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(Photo: AP / Rich Pedroncelli)Schwarzenegger: Lawmakers must cut more spending
Gov. Arnold Schwarzenegger gestures as he discusses this revised state budget proposal for the coming fiscal year during a Capitol news conference in Sacramento, Calif., Thursday, May 14, 2009. Schwarzenegger called for laying off thousands of state employees and slashing billions from education to deal with a projected budget deficit that could go as high as $21.3 billion if voters reject the budget-related measures on next weeks special election ballot...Full Story

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Toronto: not as cheap as advertised
 National PostMarch 10, 2010 12:00 AM   | A German investment banker is providing a peek into how the financial-services world sees Toronto. The unidentified banker -- based in London for many years but now in Toronto -- is writing about his experiences for hereisthe...Full Story
Time to Celebrate? Not in a Big Way
| Anniversaries are a good time to reminisce. The global stock market rally is now a year old — the lows were hit on March 9, 2009 — and that certainly brings back memories. It’s easy to see why the MSCI World Index has surged 71 percent in that period...Full Story
F.D.A. Extends Use of Botox in Spasm Therapy
| WASHINGTON (AP) — The Food and Drug Administration said on Tuesday it had approved Allergan’s Botox to treat spasms of the elbow, wrist and fingers. | Botox is known for its ability to smooth frown lines on aging foreheads, but the drug has long been used ...Full Story
A Consumer Bill Gives Exemption on Payday Loans
| WASHINGTON — Senator Bob Corker, the Tennessee Republican who is playing a crucial role in bipartisan negotiations over financial regulation, pressed to remove a provision from draft legislation that would have empowered federal authorities to crack down on payd...Full Story
2 Reports of Trouble in Stopping Priuses
| Just as Toyota was trying to reassure customers about the effectiveness of its recalls, two new reports of unintended acceleration emerged this week. Denis Poroy/Associated Press | James Sikes stopped his 2008 Prius on Monday in California by applying the emergency br...Full Story
Demand for Lithium Is Poised to Take Off
| For many years, few metals drew bigger yawns from mining executives than lithium, a lightweight element long associated mostly with mood-stabilizing drugs. Noah Friedman-Rudovsky/Bloomberg | An engineer for the Bolivian government’s pilot plant for lithium productio...Full Story
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The most reliably excellent players and starting pitchers, 2010 - and there's a live chat today
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Wed 10 Mar 2010
Chevron Plans to Cut 2,000 Jobs
The New York Times | The Chevron Corporation, the oil giant, said on Tuesday that it would cut 2,000 jobs this year and sell some overseas operations as it revamped its struggling refinery, marketing and transportation operations. Add to Portfolio | Chevron Corp | Go t...
Eurotunnel Ekes Out Profit for 2009 Despite Disasters
The New York Times | PARIS — Eurotunnel Group said Tuesday that it managed to make a profit in 2009, despite lingering repercussions from a 2008 fire and the disastrous breakdown of Eurostar trains at the height of the year-end travel season. | Net profit fell 96...
Tue 9 Mar 2010
Credit default swaps and addictive compulsive behavior
The Examiner |  We are in the midst of a moral crisis. And no, I’m not referring to pornography on the internet or gambling in Vegas. I’m referring to the international financial system. There was a time when I believed that business decisio...
Google Opens Web Store for Business Applications
The New York Times | Filed at 10:58 p.m. ET | SAN FRANCISCO (AP) -- Google Inc. will sell the online services of other business software makers in an effort to fill its own product gaps and persuade more companies to rely on applications piped over the Internet. | The ...
MySpace Outlines Makeover After Exec Shake Up
The New York Times | Filed at 10:33 p.m. ET | LOS ANGELES (AP) -- Long-ago lapped by Facebook in popularity and with fast-growing Twitter on its tail, social networking site MySpace is planning a series of updates over the next months that will link its users' posts to...
Soaring China Home Prices Thwart Ordinary Buyers
The New York Times | Filed at 10:14 p.m. ET | SHANGHAI (AP) -- The luxury apartment buildings Yang Xuhua passes on her way to work are a daily reminder of her own frustrated efforts to buy a home. Prices for even modest apartments in Shanghai have soared, putting home ...
Big Think In the Boardroom
Wall Street Journal By ADRIAN WOOLDRIDGE | As a business journalist and former editorial director of the Harvard Business Review, Walter Kiechel has had the unenviable task of spending much of his life hanging around with management theorists. These are the folks who br...
Schwarzenegger: Lawmakers must cut more spending
The Examiner Comments SACRAMENTO, Calif. (Map, News) - Gov. Arnold Schwarzenegger says he vetoed the largest piece of legislation in a package of budget bills because it did not take immediate steps to cut spending. | Democratic lawmakers said the bill would have...
SEC Chief Economist Leaving
The New York Times | Filed at 5:28 p.m. ET | WASHINGTON (AP) -- The chief economist of the Securities and Exchange Commission, who is an expert on the financial instruments that figured largely in the 2008 crisis, is leaving his position for the private sector. | The S...
Tea Party list of "principles" is GOP boilerplate and demonstrably dumb on nearly every level ...
Newsvine | According to The Atlantic, a "crowd-sourced" list of principles for the party that isn't a party is being voted on and vetted for public consumption sometime next month. The "principles" are nothing but standard political GOP advocacy, the kind you...
Supreme Court could bail out ex-sheriff aide Jaramillo
MSNBC The Orange County Registerupdated 10:45 a.m. ET March 9, 2010 | There was a great hoopla in Texas and Washington, D.C., last week when the Supreme Court heard the appeal of former Enron exec Jeffrey Skilling. But the justices' decision whether to ove...
Tea Party list of "principals" is GOP boilerplate and demonstrably dumb on nearly every level ...
Newsvine | According to The Atlantic, a "crowd-sourced" list of principals for the party that isn't a party is being voted on and vetted for public consumption sometime next month. The "principals" are nothing but standard political GOP advocacy, the kind you...
WuXi PharmaTech Moves to 4th-Quarter Profit
The New York Times | Filed at 9:26 a.m. ET | NEW YORK (AP) -- WuXi PharmaTech Inc. late Monday said it shifted to a profit in the fourth quarter, compared with a year-ago period when the research and development outsourcing company lost money due to a large impairment ...
Publix Super Markets Recalls Some Seasoning Mixes
The New York Times | Filed at 9:24 a.m. ET | LAKELAND, Fla. (AP) -- Publix Super Markets, which has more than 1,000 stores in five Southern states, has voluntarily recalled four kinds of seasoning mixes that may possibly be contaminated with salmonella. | Publix said i...
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