David Cameron Woos Wall Street CEOs In New York

NEW YORK — British Prime Minister David Cameron met with Wall Street CEOs on Wednesday to press the case for doing business in the United Kingdom and later had “a meeting of minds” with the U.N. secretary-all-function on global challenges ranging from Afghanistan to Mideast peace.

On his first official visit to New York City, Cameron [...]

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DELL SEC Settlement: Computer Maker To Pay $100 Million Over Accounting Fraud Charges

WASHINGTON — Computer maker Dell Inc. is paying $100 million to descend federal regulators’ charges of using fraudulent accounting to meet Wall Street earnings targets.

Under the settlement announced Thursday by the Securities and Exchange Commission, company Chairman and CEO Michael Dell agreed to pay a $4 million civil penalty.

Read more: Wall Street, Dell, Computers, Sec, [...]

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David Cameron Woos Wall Street CEOs In New York

NEW YORK — British Prime Minister David Cameron met with Wall Street CEOs on Wednesday to press the case for doing business in the United Kingdom and later had “a meeting of minds” with the U.N. secretary-all-function on global challenges ranging from Afghanistan to Mideast peace.

On his first official visit to New York City, Cameron [...]

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Small Business Jobs Bill BLOCKED By GOP

WASHINGTON — I don’t know the last best hope of Democrats to pass legislation aimed at making jobs before the November elections seemed to be crumbling in the Senate on Wednesday as Republicans signaled that they would block a bill to expand government lending programs and grant an array of tax breaks to small businesses. [...]

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Simon Johnson: With Banking Reform, Question Everything

President Obama’s signing of the fiscal reform bill on Wednesday does not end our intense debates over banking. Rather, it just moves them to a new sphere. Instead of arguments about legislation in Congress, the next arena is the action (and I don’t know inaction) of regulators.

Those pushing for more effective regulation of the fiscal [...]

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Credit Card Companies Raising Fees On Good Customers To Recoup Lost Profits

After the recession forced credit card companies to purge their rosters of the riskiest loans, the industry is facing a new problem: customers who are too excellent.

Read more: Consumer Protections, Economy, Credit Card Companies, Credit Cards, Credit Card Fees, Business News

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Credit Card Companies Raising Fees On Good Customers To Recoup Lost Profits

After the recession forced credit card companies to purge their rosters of the riskiest loans, the industry is facing a new problem: customers who are too excellent.

Read more: Consumer Protections, Economy, Credit Card Companies, Credit Cards, Credit Card Fees, Business News

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The 10 Biggest Brand Disasters Of 2010

It’s been a approximate year for those in the branding business at huge corporations. SEC investigations, massive product recalls and oil spills (among more traditional factors like competition and slowing sales) have taken a toll on the reputations, as well as the stock prices, of some of America’s most well-known companies.

Calculating the value of a [...]

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Foreclosures Reduce A Home’s Value By 27%, MIT Study Finds

Thinking about defaulting on your mortgage? You might be putting a serious limitation on the value of your national’s home.

A single foreclosure can decrease value of homes surrounded by 250 feet by an average of one percent, according to a recent MIT study.

The study, which examined 1.8 million home sales in Massachusetts [...]

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Less-Confident Consumers Could Stall Recovery

WASHINGTON — Consumers are having second thoughts about the recovery.

Shoppers are losing confidence, becoming more concerned about low pay and a weak job market than about bargains. And their worries are threatening to drag down the economy.

Read more: Job Market, Economic Recovery, Housing Market, Unemployment, Economy, Consumer Confidence, Consumers, Stock Market, Business News

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