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Business News

Location American Business News for 2 December 2012
Rasheed Wallace Was Ejected After Playing Just 85 Seconds Today Rasheed Wallace played for a minute and 25 seconds today before getting ejected from the game with two technical fouls. The first came when he pushed Luis Scola. His second came when he shouted "ball don't lie" when Scol...
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Michael Wolff: Why Brits ought to take joy rather than umbrage in its recent press abuses.
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Jovan Belcher's Death, The Economics of Suicide, and Rationalizing the Irrational First and foremost, heartfelt condolences to the Perkins family, the Belcher family, the Kansas City Chiefs organization, and the entirety of Chiefs Nation who are all dealing with the aftermath of Saturday's tragic homi...
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The First Thing To Do Before You Start Anything New You have an idea for the next phase of your career.  You think it would be intriguing to finally start that social media company you have been talking about for years, or that concierge-type service aimed at single me...
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John McAfee Plays Hide-and-Seek in Belize

The New York Times - 2 Dec 2012 01:25
Sought by the police in Belize as a “person of interest” in the investigation of a neighbor’s murder, the tech legend John McAfee has moved his noisy life underground.
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CHICAGO (Reuters) - Federal Reserve policymakers sparred on Saturday over the U.S. central bank's unprecedented efforts to push down long-term borrowing costs, offering widely differing views on the effectiveness and cos...
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The “fiscal cliff” paranoia continues unabated. Apparently, it is the only thing that matters to the markets. Every twist and turn in the negotiations is crucial to the future of the republic! Whenever the me...
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Occupy Wall Street? Just defund it.

Washington Post - 2 Dec 2012 00:08
A century ago, Louis Brandeis, a distinguished Boston lawyer who would later go on to the Supreme Court, wrote a series of articles in Harper’s Weekly denouncing what he called the “financial oligarchy�...
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MetLife B-D chief leaves company

Investment News - 2 Dec 2012 13:01
The head of the large but quiet network of independent broker- dealers at MetLife Inc., John Brett, has left the giant insurer and been replaced and#x2014; for the time being, at least and#x2014; with another executive o...
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WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner pressed Republicans to offer a plan to increase revenues and cut government spending, and predicted they would agree to raise tax rates on the wealthiest to secu...
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The finance ministers of 17 euro zone countries will meet in Brussels to examine Greece’s proposed response to a plan to unlock a long overdue bailout loan installment.
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Two False Premises of the Wall Street Fantasyland Once upon a time, Wall Street lived in the real world, where economic fundamentals prevailed over wishful thinking.
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Diane Archer: The Big Debt Driver: Rising Health Care Costs, Not Medicare As both our national debt and health care costs continue to swell, America's CEOs and other "influentials" insist that Congress cut Medicare spending. In truth, we do not have a "Medicare problem" in this country; we hav...
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BEIJING (Reuters) - China's economy resumed momentum in November, but there are still signs of over-reliance on growth from the inefficient state sector, a series of purchasing managers' surveys shows.
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NEW YORK (Reuters) - More mannequins are on the floors of J.C. Penney stores. About 40,000 more.
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Mark Sanchez Furiously Scribbles Down Notes After The Jets Score Sanchez got benched and Greg McElroy came on the NFL field for the first time ever and led the Jets into the endzone. Here's a funny GIF of Sanchez taking notes after the touchdown via Big Lead Sports: Please follow Spor...
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Greg McElroy Just Marched The Jets Down The Field For A Touchdown Sanchez got benched, Greg McElroy went on the field for his first NFL appearance ever and marched the Jets down the field for a touchdown. The Jets lead 7-3 and Mark Sanchez must be worried. Here's McElroy's pass to Jeff...
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Rumors: VMWare planning Cloud Foundry spinoff led by Paul Maritz VMWare is planning to spin off Cloud Foundry and a number of its other products into a separate division owned by corporate parent EMC.
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MARK SANCHEZ GOT BENCHED

Business Insider - 2 Dec 2012 22:13
MARK SANCHEZ GOT BENCHED Mark Sanchez just got benched after playing a terrible game today against the Arizona Cardinals. He's thrown 3 interceptions and has had only 10 completions. Greg McElroy is in for the Jets making his first NFL appearanc...
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There's Another Half To Your Job

Business Insider - 2 Dec 2012 22:07
There's Another Half To Your Job Corralling brilliant and creative individuals to work together as a team is incredibly difficult.  That’s why every successful company where people are both productive and happy feels a little magical.  The ...
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Six secrets to unloading family money baggage

USA Today - 2 Dec 2012 13:00
Perhaps families should be models for managing money, but human flaws stand in the way.
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Mohamed A. El-Erian: Fiscal Cliff Takeaways From the Sunday News Shows Television networks devoted much of their Sunday news shows to the fiscal cliff, reflecting the urgency and importance of the topic. So did you end up wasting precious weekend hours watching shows that just covered famil...
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