Murdoch says ‘worst is over’ for News Corp. (Ryan Nakashima)
Here’s what the print edition of The Pantagraph has to say today on Rupert Murdoch.
Media conglomerate News Corp. reported third-quarter earnings in line with lowered Wall Street forecasts on Wednesday, leading Rupert Murdoch to say “the worst is over” for his company’s movie, TV and newspaper businesses.
Interesting Fortune 500 News Links (May 06, 2009)
* Union voting victories preclude bill, groups say (Sam Hananel, Tulsa World)
* Mars Petcare’s NKC site to grow and add up to 157 jobs (Joyce Smith, Kansas City Star)
* Unions winning more organizing elections (Sam Hananel, Tri-City Herald)
Interesting Fortune 500 News Links (May 06, 2009)
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* AIG: Hoping to stem the bleeding (David Goldman, Money)
(CNNMoney.com) — AIG is expected to report its sixth quarterly loss after the market closes Thursday but the loss could come in much smaller than previous quarters and analysts say that could be an encouraging sign.
* Senate hears a dim forecast for newspapers’ future (Andrew Miga, Deseret Morning News)
Senate panel on Wednesday looked into the question of whether struggling newspapers should be allowed to operate as nonprofits similar to public broadcasting stations.
* Cutting costs hour by hour, worker by worker (Emily Maltby, Money)
(CNNMoney.com) — Businesses with fewer than 500 employees collectively shed an estimated 414,000 jobs nationwide in April, according to a report released Wednesday by payroll processor ADP. The news marked the 15th consecutive month of employment declines at America’s small businesses.
* Anti Gravity: Profit Tears (Steve Mirsky, Scientific American)
Heres what she said: If China were to revalue its currency, or China is to start making, say, toys that dont have lead in them or food that isnt poisonous, their costs of production are going to go up, and that means prices at Wal-Mart here in the United States are going to go up, too.
* Cisco sees signs of a turnaround (David Goldman, Money)
(CNNMoney.com) — Cisco Systems Inc. on Wednesday reported a drop in quarterly profit and sales from a year ago, but the network equipment maker said parts of its business are beginning to turn around.
Stocks could pose conflicts for court prospects (Sharon Theimer, Billings Gazette)
Sharon Theimer of the Billings Gazette raises many interesting points about Flush Sounds Potty.
Some Supreme Court prospects have extensive corporate holdings, including shares in Fortune 500 companies such as General Electric and Microsoft and stock in a manufacturer that recalled lead-paint-coated “Flush & Sounds Potty” toilet seats.
Interesting Fortune 500 News Links (May 05, 2009)
* Geithner wants more power for Treasury (Joseph N. Di Stefano, Philadelphia Inquirer)
When the heads of the Big Four U.S. commercial banks, Citigroup, JPMorgan, Bank of America and Wachovia came to Federal Reserve of New York president Timothy Geithner in 2006 and 2007, begging him to do something about out-of-control subprime lending and investment by other, more or less unregulated Wall Street institutions, Geithner told them there was , because he was just a bank regulator, a…
Don’t forget the Fed (Money)
Another great article by Paul R. La Monica of Money.
(CNNMoney.com) — If the Federal Reserve holds a policy meeting but the market isn’t interested, will chairman Ben Bernanke still make a sound?
Geithner wants more power for Treasury (Joseph N. Di Stefano)
A short story by Joseph N. Di Stefano at Philadelphia Inquirer.
When the heads of the Big Four U.S. commercial banks, Citigroup, JPMorgan, Bank of America and Wachovia came to Federal Reserve of New York president Timothy Geithner in 2006 and 2007, begging him to do something about out-of-control subprime lending and investment by other, more or less unregulated Wall Street institutions, Geithner told them there was , because he was just a bank regulator, a…
Chrysler aftershocks to hit industry hard (Chris Isidore, Money)
A great article by Chris Isidore of Money.
(CNNMoney.com) — The bankruptcy at Chrysler LLC is likely to soon be felt across the auto industry, disrupting production at plants of healthier rivals within a week or two, according to industry experts.
Geithner wants more power for Treasury (Philadelphia Inquirer)
Joseph N. Di Stefano raises many interesting points.
When the heads of the Big Four U.S. commercial banks, Citigroup, JPMorgan, Bank of America and Wachovia came to Federal Reserve of New York president Timothy Geithner in 2006 and 2007, begging him to do something about out-of-control subprime lending and investment by other, more or less unregulated Wall Street institutions, Geithner told them there was , because he was just a bank regulator, a…
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Recent
- Murdoch says ‘worst is over’ for News Corp. (Ryan Nakashima)
- Interesting Fortune 500 News Links (May 06, 2009)
- Interesting Fortune 500 News Links (May 06, 2009)
- Stocks could pose conflicts for court prospects (Sharon Theimer, Billings Gazette)
- Interesting Fortune 500 News Links (May 05, 2009)
- Don’t forget the Fed (Money)
- Geithner wants more power for Treasury (Joseph N. Di Stefano)
- Interesting Fortune 500 News Links (May 02, 2009)
- Chrysler aftershocks to hit industry hard (Chris Isidore, Money)
- Geithner wants more power for Treasury (Philadelphia Inquirer)
- Ask James, Telegraph: Commercial Director – Leading construction materials producer
- BusinessWeek: New Challenges for India’s Most Powerful
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