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Recent News

August 30, 2012 Banks give $10.6B in relief on mortgages

Source: Arizona Star

The nation's largest banks have provided nearly 140,000 homeowners with a total of $10.6 billion in relief under a $25 billion national settlement reached in February, the monitor for the agreement said Wednesday.

August 29, 2012 Every drop counts in Las Vegas's water shortage

Source: News Channel Ten

LAS VEGAS, N.M. - Symbols of dry times are everywhere in this city in northeastern New Mexico. Yards are brown and dusty for want of water. A 5-gallon plastic jug is stuck under the air conditioner drains at a Best Western hotel...

August 29, 2012 Public employees loud in criticism of pension overhaul by Democratic allies

Source: LA Timws

Although lawmakers rejected some of the governor’s harshest pension changes, public employee unions on Tuesday denounced the proposed plan and said they would consider going to voters or the courts to overturn some elements.

August 28, 2012 Calif. slaughterhouse gets USDA approval to reopen

Source: San Jose Mercury News

FRESNO -- A slaughterhouse at the center of a food safety and cruelty investigation resumed operations Monday after federal officials approved its plan to improve treatment of animals. However, the investigation was ongoing to...

August 28, 2012 Govt to prevent water crisis? (South Africa)

Source: iAfrica.com

Government is pinning hope on its ability to plug leaking pipes, reduce pollution and "stretch" resources to stave off a looming fresh water crisis. "We don't want development to be held back by a lack of water, or lack of...

August 27, 2012 Thinking outside the square: accountants have a role to play in a sustainable future

Source: The Conversation.co.au

Can business and accountants guide us on the path to sustainability? Will business and accounting leaders of the future have the necessary skills to solve complex sustainability problems? How can new pathways to the accounting...

August 27, 2012 News Summary: Bernanke says there’s room for Fed to act further to bolster recovery

Source: Washington Post

FED CAN DO MORE: Federal Reserve Chairman Ben Bernanke makes clear in a letter to a House lawmaker that he thinks the Fed can do more to bolster the economic recovery and help reduce unemployment. Bernanke also defends steps the...

August 27, 2012 Euro Crisis Shifts Financial Clout to Asia

Source: CNBC

Chastened, the authorities in Beijing blocked several other financial deals as too risky, including a proposal by Bank of China to buy 20 percent of French private bank La Compagnie Financiere Edmond de Rothschild. "Today we ...

August 27, 2012 BPA study brings good news for consumers, environmentalists Add to ...

Source: Globe and Mail

Most of the toxic Bisphenol A contained in products Canadians use every day is either destroyed or winds up in landfills, says a new study for Environment Canada.

August 27, 2012 First Death Is Reported From New Pig Flu Strain

Source: NY Times

The first human death from a new strain of pig flu was reported Friday by state health officials in Ohio. Federal health officials confirmed the death of a 61-year-old Ohio woman and said 14 other victims had been hospitalized by...

August 25, 2012 Food prices will rise, USDA report says

Source: LA Times

The price of food items such as beef, pork and dairy products is expected to stay high through the end of the year and into 2013, according to a U.S. Department of Agriculture forecast released Friday.

August 25, 2012 Food prices will rise, USDA report says

Source: LA Times

The price of food items such as beef, pork and dairy products is expected to stay high through the end of the year and into 2013, according to a U.S. Department of Agriculture forecast released Friday.

August 25, 2012 Food prices will rise, USDA report says

Source: LA Times

The price of food items such as beef, pork and dairy products is expected to stay high through the end of the year and into 2013, according to a U.S. Department of Agriculture forecast released Friday.

August 24, 2012 How to beat Africa’s water crisis

Source: CNN

Recent discoveries of water reserves under some of Africa’s mightiest deserts raise hopes for quenching African thirst. But the reality is much more grim. From parched desert to tropical forest, roughly 40 percent of Africans,...

August 24, 2012 HRmagazine.co.ukSee realtime coverage Are Banks Soft-Pedaling Clawbacks?

Source: CFO Magazine

At a time when news of banking scandals is uncomfortably frequent, a new report says that last year only 17% of global banking organizations “clawed back” compensation payments previously made to employees. CFO.com...

August 24, 2012 Richard Posner on Why Corporate Governance Is Broken

Source: Slate.com

I had a fascinating conversation today with Judge Richard Posner of the 7th Circuit. Posner, a Slate contributor, is one of the most prolific writers and thinkers on the federal bench, and one of the originators of the...

August 24, 2012 Will Health Care Matter in this Election?

Source: Forbes

To run on Obamacare or not? That is this election’s question. Over the summer, “Meet the Press” moderator David Gregory suggested congressional candidates in tough districts and even the White House may deliberately avoid running...

August 24, 2012 New U.S. Homes Increase to Match Two-Year

Source: BusinessWeek

Purchases of new U.S. homes rose more than projected in July to match a two-year high, a sign the industry that helped trigger the recession is recovering.

August 24, 2012 USA TODAY/Gallup Poll finds more negative view of politics

Source: Detroit Free Press

As Democrats and Republicans prepare to open back-to-back conventions, a nationwide USA TODAY/Gallup Poll finds Americans taking a decidedly more negative view of the presidential candidates and the tenor of their campaigns than...

August 24, 2012 South Africa miners demand resolution of grievances

Source: CNN

Rustenburg, South Africa (CNN) -- Dozens of South African miners defied orders to work Friday after a deadline arrived for management to respond to their list of grievances. About 100 workers at Anglo American Platinum in...

August 24, 2012 Dow drops as investors question sustainability of US stock rally

Source: The Australian

THE Dow industrials fell the most in more than a month overnight amid mounting doubts about the prospect of more stimulus from the Federal Reserve and concerns about the sustainability of the market's summer gains.

August 23, 2012 Letting Go

Source: Robert R. McMillan, featured commentator

Over the last few months, have you had to let go of a loved one? What do I mean? Well, it could be a child who has just started kindergarten, or could be a wedding where one of your children or grandchildren was married. It...[more]

August 23, 2012 Islamic Finance Leads the Way

Source: The Majalla Magazine

Ironically, the global financial crisis has triggered conservative investing through non-conventional means: non-Muslims are increasingly choosing to invest through Islamic institutions’ portfolios. The irony is particularly...

August 23, 2012 Philanthropy, CSR and the Social Responsibility of Business

Source: Triple Pundit

The discussions about the social responsibility of business tend to focus on the ethical and economic aspects of this issue. We explore, for example, the business case for CSR, looking to find out if CSR makes sense not just...

August 23, 2012 Ethanol Stays in Gasoline Even If Mandate Ends: Energy Markets

Source: Bloomberg

Ethanol, the best-performing energy commodity this year, is cheaper than gasoline, encouraging refiners to use the biofuel even if President Barack Obama’s administration ends a requirement to do so. A 44 cent-per-gallon discount...

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