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Recent NewsNovember 19, 2008 U.S. regulators face fight on IFRS accounting costBy: Reuters Just four days after releasing a formal "roadmap" proposal to move U.S. companies to international accounting rules, U.S. regulators are facing a slew of complaints about the millions of dollars it would cost companies to make... November 19, 2008 Dingell and Stupak Release Government Accountability Office Report on Nuclear SafetyBy: RTT News Energy and Commerce Committee Chairman John Dingell (D-MI) and Oversight and Investigations Subcommittee Chairman Bart Stupak (D-MI) released a new Government Accountability Office report Tuesday that argued the need for... November 19, 2008 Big Three automakers running out of timeBy: Associated Press Detroit's Big Three automakers are running out of time in their quest to convince skeptical lawmakers that Congress should throw them a $25 billion lifeline. Top executives with General Motors, Ford and Chrysler will return to... November 18, 2008 Senator seeks halt to second half of Wall St rescueBy: Reuters A senator on Monday said he will introduce a bill to stop the release of $350 billion in the second round of funding for a massive Wall Street bailout program. Vermont Sen. Bernie Sanders, an independent who usually votes with... November 18, 2008 NASDAQ OMX Launches Nordic Sustainability IndexBy: MarketWatch NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced the launch of a Nordic Sustainability Index, the OMX GES Sustainability Index. It is a benchmark index which comprises the 50 leading Nordic listed companies in terms of... November 18, 2008 Drill for Natural Gas, Pollute WaterBy: Scientific America In July a hydrologist dropped a plastic sampling pipe 300 feet down a water well in rural Sublette County, Wy. and pulled up a load of brown oily water with a foul smell. Tests showed it contained benzene, a chemical believed to... November 18, 2008 Aflac chief passes up golden parachuteBy: Cox News Service Aflac Chairman and CEO Daniel P. Amos announced Friday he is giving up his $13 million "golden parachute" — or severance package he would receive were he to leave to company — in response to the current global economic crisis.... November 18, 2008 Activists Rally the Troops for Say-on-PayBy: Compliance Week Shareholder votes on executive compensation packages hit a plateau this year, after a stunning ascendancy in 2006 and 2007. Corporate America, however, should brace itself for another resurgence in 2009. November 18, 2008 US sees early switch to new accounting rulesBy: Financial Times - UK US companies could be producing accounts under international rules in little more than a year, according to detailed plans produced by the Securities and Exchange Commission. Companies meeting strict criteria could be allowed to... November 18, 2008 What's in that Senate bill? Something for everyoneBy: Centre Daily Times The Senate version of a $700 billion plan designed to rescue the ailing financial sector from potential collapse is virtually identical to large parts of the legislation rejected Monday in the House of Representatives. However,... November 18, 2008 Japan economy may not grow until 2010, Yosano saysBy: Forbes Japan's Economics Minister Kaoru Yosano said on Tuesday the economy may not return to growth until 2010, suggesting the recession that began in the second quarter could be much longer than the central bank has forecast.
November 18, 2008 Citi Carves Up StaffBy: Forbes The bank is cutting jobs in an effort to staunch losses so it can pursue acquisitions that will add to capital, but analysts are not sanguine. November 18, 2008 Congress considers stricter demands for auto bailoutBy: Detroiy Free Press House and Senate Democrats unveiled competing versions Monday of a plan to start funneling $25 billion to U.S. automakers before the end of the year, but lawmakers from both parties and the Bush administration withheld support,... November 18, 2008 SEC Files Insider Trading Charges Against Mark CubanBy: Securities and Exchange Commission Washington, D.C., Nov. 17, 2008 — The Securities and Exchange Commission has charged Dallas entrepreneur Mark Cuban with insider trading for selling 600,000 shares of the stock of an Internet search engine company on the basis of... November 17, 2008 Several presidents of private colleges earn more than $1 millionBy: Chicago Tribune A dozen presidents of private colleges earned more than $1 million in compensation during the 2006-07 year, including Northwestern University chief Henry Bienen, who was the second-highest paid college executive in the nation.
November 17, 2008 China, America and melamineBy: International Herald Tribune China's food supply appears to be awash in the industrial chemical melamine. Dangerous levels have been detected not only in milk and eggs, but also in chicken feed and wheat gluten, meaning that melamine is almost impossible to... November 17, 2008 NABE Panel Sees Prolonged RecessionBy: National Association for Business Economics “Business economists became decidedly more negative on the economic outlook for the next several quarters as a result of the intensification of credit market stresses and evidence of spillover to the real economy,” said NABE... November 17, 2008 Citi Plans Asset Sales and Job CutsBy: New York Times The banking giant, Citigroup, which a decade ago set out to rewrite the rules of American finance, announced Monday morning that it would cut 50,000 jobs in the coming quarters, largely by selling assets November 17, 2008 Climate change: Emissions from industrialised world still highBy: AFP Carbon emissions from the industrialised world in 2006 were higher than at the start of the century, mainly as a result of revived activity by former Soviet-bloc states, according to UN figures released on Monday. Greenhouse gas... November 17, 2008 FDA to open China offices after product scaresBy: Associated Press The U.S. Food and Drug Administration will open three offices in China this week in an unprecedented effort to improve the safety of exports headed to America amid recurring product safety scares. The new FDA offices, which are... November 17, 2008 Europe, China sign consumer safety agreementBy: GMA News - Philippines The European Union and China signed an agreement Monday to cooperate better on consumer safety in the wake of high-profile scares such as contaminated Chinese milk and dangerous toy cars. Under the agreement, the two sides will... November 17, 2008 The high cost of carbon captureBy: Calgary Herald For Alberta's multibillion-dollar foray into capturing and storing carbon to prove successful, consumers must pay more for the energy they use to heat their homes and fuel their cars, says the head of an expert council advising... November 17, 2008 Blankfein, Goldman Deputies Decide to Forgo BonusesBy: Bloomberg.com -- Goldman Sachs Group Inc., the firm that set a record for Wall Street pay last year, became the first U.S. bank to scrap 2008 bonuses for senior officers in the face of the worst financial crisis since the Great Depression.
November 17, 2008 Showdown looming in Congress of automaker rescueBy: San Jose Mercury News Hard-line opponents of an auto industry bailout branded the industry a "dinosaur" whose "day of reckoning" is near, while Democrats pledged Sunday to do their best to get Detroit a slice of the $700 billion Wall Street rescue in... November 17, 2008 How To Ensure That Your Next Board Member Is Socially ResponsibleBy: CSRwire Commentary by Joanne McDonald of ENSCO, Inc. (CSRwire) November 12, 2008 - Effective assessment of candidates has always been critical in recruiting top talent for companies. This is doubly true for the selection of members of... |
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