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Business News

Location American Business News for 27 October 2012

New Peril for Parents: Kids' Student Loans

Wall Street Journal - 27 Oct 2012 05:41
Parents who co-signed their kids' student loans are getting stuck picking up the tab when their children stop making payments.
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New York scrambles to batten down the hatches for Hurricane Sandy as states of emergency are declared in Virginia and Maryland.
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Exchanges: Wall Street ready for Monday

Market Watch - 27 Oct 2012 22:48
It should be business as usual Monday on Wall Street, with New York’s three major financial exchanges prepared for Hurricane Sandy, while tracking the storm’s path.
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Memo From London: European Union Exit? Concerns Grow for Britain With the euro zone almost three years in crisis, the prime minister has been hinting he could hold a referendum on Britain’s relations with the troubled union.
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The Boss: Jeremy Driesen, From Drummer to Producer

The New York Times - 27 Oct 2012 20:25
The head of Ray Bloch Productions grew up in a musical household — and went on to play at venues from CBGB to Carnegie Hall.
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New York prepares for the worst from Sandy

Market Watch - 27 Oct 2012 20:21
New York prepares for the worst as two powerful storm systems, guided by Hurricane Sandy, head toward the nation’s most populous city, where heavy rain, strong winds and flooding were expected to hit as early as l...
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Preoccupations: Taking a Chance, and Finding a Dream Job in New York Undecided about her future, a recent college graduate e-mailed a favorite author for advice. The result was a dream job in New York.
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Economic View: How Rich Political Donors Are Hurting Themselves By giving money to candidates who promise to lower their taxes, the wealthy have a huge impact on politics. But these donors may find that their contributions aren’t serving their interests.
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Strategies: Federal Reserve Policy vs. Fiscal Cliffs

The New York Times - 27 Oct 2012 20:08
Strategies: Federal Reserve Policy vs. Fiscal Cliffs Though the nation is at the edge of all kinds of chasms — fiscal and otherwise — the Federal Reserve is aiming to provide a margin of safety.
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The Haggler: Radio Shack and the Power of the Crowd

The New York Times - 27 Oct 2012 19:58
The Haggler: Radio Shack and the Power of the Crowd When Radio Shack stopped communicating with the Haggler, his public plea resulted in an outpouring of reader messages to the company.
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The Elephant Trunk, a large, lockable mailbox, was devised a decade ago for deliveries of items like desktop computers; now it’s back in a smaller version.
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Letters: Fiscal Stimulus, Praised and Panned

The New York Times - 27 Oct 2012 19:45
Readers respond to “The Fiscal Stimulus, Flawed but Valuable” (Economic View, Oct. 21).
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Rachel Carson’s Lessons, 50 Years After ‘Silent Spring’ Rachel Carson, who wrote the groundbreaking “Silent Spring” 50 years ago, offered an indelible example of the power of individual action.
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Fair Game: The Perils of Feeding a Bloated Financial Industry

The New York Times - 27 Oct 2012 19:23
Powerful new research looks into reasons for the financial sector’s vast growth before the financial crisis — and at the social impact.
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Corner Office | Kevin Liles: Kevin Liles of KWL Enterprises, on Owning One’s Work Kevin Liles of KWL Enterprises, a talent management and brand development firm, says it’s important to take “ownership of every single thing you do.”
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Vettel on pole as Red Bulls dominate

CNN - 27 Oct 2012 18:42
Sebastian Vettel usurped Fernando Alonso as Formula One's youngest double world champion, and all the signs are now pointing to the prospect of the German beating his rival to a third title after winning another pole pos...
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Obama: Bipartisan Panel Went Further 'Than I Felt Comfortable With' WASHINGTON, Oct 26 (Reuters) - President Barack Obama said on Friday a bipartisan panel's deficit reduction recommendation went too far on spending cuts, especially for...
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Trouble In Romney's Socialist Hospital Paradise

The Huffington Post - 27 Oct 2012 18:01
Trouble In Romney's Socialist Hospital Paradise WASHINGTON -- In the early hours of May 1, D.C. bartender Mike Boone came to the aid of a young woman who was being mugged....
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New York scrambles to batten down the hatches for Hurricane Sandy as states of emergency are declared in Virginia and Maryland.
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BERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble ruled out public investors accepting a debt restructuring, or "haircut", on their Greek bonds but said in an interview to be aired on Sunday that a debt repur...
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Hurricane Sandy may force evacuations in NYC

Market Watch - 27 Oct 2012 17:41
New York scrambles to batten down the hatches for Hurricane Sandy as states of emergency are declared in Virginia and Maryland.
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(The author is a Reuters contributor. The opinions expressed are his own.)
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