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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: business

business stories: 194 news summaries

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SEC Wants US Firms to Switch to International Accounting

Multinationals would change first under plan

Aug 27, 08 4:42 PM CDT
(Newser) - The Securities and Exchange Commission is planning to require US companies to switch to international accounting rules, the Wall Street Journal reports. The body voted today to seek public comment on a plan for the transition, which would stagger requirements. Large multinational firms would be expected to voluntarily switch in... More »

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globalization • business • SEC • accounting • corporations • Christopher Cox • regulation • multinationalism

Obama, McCain Woo CEOs
to Shore Up Economic Cred

Candidates try to make up for their lacking economic records

Aug 14, 08 2:16 PM CDT
(Newser) - John McCain and Barack Obama are doggedly courting CEOs of leading businesses in an effort to win voters' economic confidence, the Wall Street Journal reports. Each candidate has already lined up a corps of "poster CEOs," including the FedEx chairman, who is supporting McCain, and Warren Buffet, who... More »

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Barack Obama • John McCain • Warren Buffett • CEO • business • corporations • Election 2008 • economy • Fred Smith

 Big Bucks Flock to Beijing 


Aug 9, 08 9:16 AM CDT
(Newser) - The Beijing Olympics are a celebration of sport, for sure, but they are happening in China, which makes them a business opportunity unlike earlier Games. Folks with deep pockets are converging on the capital to wheel and deal, with an eye to the emerging middle-class market of some 300 million... More »

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China • Rupert Murdoch • Coca Cola • business • 2008 Beijing Olympics • capitalism

 Clog-Maker Crocs Falling Off

Firm has seen drastic decline in sales, share price

Aug 1, 08 4:10 PM CDT
(Newser) - Crocs, Inc,. the firm that makes those ubiquitous rubber clogs, is having a bit of a fashion emergency. The stock has lost 90% of its value in less than a year, and the company predicts a 20% sales decline by the end of 2008, NPR reports. The firm’s execs... More »

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business • shoes • Crocs • sales • share price • trend • footwear • fads

Big Brother Boss Turns
Eye on Home Workers

Employers take screenshots and photos

Jul 31, 08 11:50 AM CDT
(Newser) - Think working out of a home office means wearing your jammies and watching YouTube? Not unless you want the boss to see what you watch in your Mickey Mouse PJs. As telecommuting rises, employers are tracking their workers by taking screen snapshots, recording keystrokes, and even taking pictures of workers... More »

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business • worker efficiency • employers • employee • telecommuting

Web Whizzes Renovate Rickety Sites to Flip for Profit

Real-estate 'turn-over' tactics move to Internet

Jul 29, 08 4:51 AM CDT
(Newser) - Web entrepreneurs are taking a page from the real-estate book: they’re buying badly designed websites cheaply, fixing them up, and selling them at a profit. Website sales on eBay and similar sites have soared in the past few months, with many site-flippers happy to sell for just a few... More »

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Internet • business • website • Internet advertising • World Wide Web

Green Cafe's Crowdsourcing Doesn't Spoil
the Stew

DC eatery relies on the masses to define it

Jul 27, 08 7:32 PM CDT
(Newser) - When Elements, a vegetarian and raw food restaurant, opens in DC next year, it will have one owner, but almost 400 people who conceived and developed the idea, the Washington Post reports. An online (and offline) community is helping with everything from designing a logo to greening the building. But... More »

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business • restaurant • online • startup • community • crowd • group • raw food

OPINION

 New Stadium Strikes Fear
 in Mets Foes

New stadium, opening next year, will open financial 'chasm' for other NL teams

Jul 24, 08 2:37 PM CDT
(Newser) - National League teams visiting Shea Stadium this summer can’t help looking past the outfield with fear at the New York Mets’ new home, Citi Field, which opens next year. “It is the ballpark that could make the Mets financially untouchable,” Rich Hofmann writes in the Philadelphia Daily ... More »

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Philadelphia Phillies • New York Mets • business • spending • baseball • Shea Stadium • Citi Field

 Yoga Turning 
 B-Schoolers 
 on Their Heads 

Capitalists latch on to search for inner peace

Jul 20, 08 7:37 PM CDT
(Newser) - Inner peace through capitalism? Americans spend $5.7 billion a year on yoga classes and products, and now, BusinessWeek reports, yoga clubs are cropping up in some of the country's most high-pressured institutions: top business schools. "Having a yoga practice helped sort through the white noise," one MIT... More »

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MIT • business • University of Chicago • stress • business school • capitalism • Harvard • yoga • BusinessWeek • Northwestern University

CNBC Focuses on Fresh Face
of Biz News

Erin Burnett's network tests new formula
for creating a star

Jul 20, 08 10:58 AM CDT
(Newser) - Since Jim Cramer and Maria Bartiromo became breakout stars for CNBC, the network has been trying to cultivate more of the sort of talent that draws a devoted viewership. Erin Burnett, 32, has enjoyed one of those carefully crafted career trajectories, moving from writer to co-anchor in just weeks. The... More »

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business • star • CNBC • news anchor • Erin Burnett

 'Media Titan'
 Moves in Small
 (Even Empty)
 Websites

Little-known Internet player hitting the big time with simple idea

Jul 16, 08 1:29 PM CDT
(Newser) - Richard Rosenblatt doesn’t work in Silicon Valley and few people, even there, know his name. But in just 2 years his Demand Media has become a huge player, backed by $355 million in private investment, and pulling in nearly $200 million in revenue this year, the Los Angeles ... More »

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social networking • Internet • Web 2.0 • business • tech companies • Internet advertising • Richard Rosenblatt

GLOSSIES

Corporate America Tries to Chip Away at Lawyer Bills

With first $1B legal charge on horizon, companies create new fee structure

Jul 15, 08 8:18 PM CDT
(Newser) - With corporate legal fees skyrocketing to unprecedented heights—the median amount big companies forked over per outside lawyer in 2007 was more than $600,000—firms are moving to exert some measure of control, Portfolio reports. Some of America’s biggest businesses are taking dramatic steps, like trading long-term agreements... More »

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business • lawyer • business intelligence • legal fees

 High Prices Pound Gas Stations 

Squeezed margins drive many out of business

Jul 7, 08 6:22 PM CDT
(Newser) - Angry at gas stations for profiting on your financial misery? Think again, the Wall Street Journal reports: They're fast going out of business as oil prices rise. This year's 40% price hike has sent costs soaring, shuttering 3,000 US stations and causing Exxon Mobile to announce the sale of... More »

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business • profits • oil price • regulations • gas stations • oil industry

NYC Biz Leaders Search for Next Mayor/CEO

Bloomberg's city-as-business style likely hard to replicate

Jul 7, 08 9:32 AM CDT
(Newser) - New York Mayor Michael Bloomberg will vacate his office in 18 months, the New York Times reports, and local business honchos are already hunting for a replacement candidate who shares Bloomberg's financial independence and city-as-a-business approach. "What the business community wants is not just a businessman but a Bloomberg-type... More »

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politics • New York City • Donald Trump • Richard Parsons • business • Michael Bloomberg • mayor • billionaire • NYC • Jerry Speyer • Martin Lipton

ANALYSIS

 Minutes Dwindle for
 Networks' War Coverage 

Bureaus cut amid financial concerns; political primary blots out other stories

Jun 23, 08 1:45 PM CDT
(Newser) - Middle East correspondents are struggling to get stories on the nightly news as TV networks scale back war coverage, the New York Times reports. With violence in Iraq declining and the US public tiring of an open-ended conflict, network execs have focused on hot topics like the contentious presidential primaries.... More »

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NBC • CBS • ABC • business • Iraq war • media coverage • reporting • Afghanistan war • network news

Broker Breaks Ranks to Rant on Profession's 'Gibberish'

Anonymous London columnist goes public

Jun 21, 08 10:41 PM CDT
(Newser) - A London broker who wrote a popular, anonymous newspaper column that lambasted the greed, superficiality, and "gibberish"-peddling nature of his profession is going public, quitting the financial world, and, of course, writing a book about it all, Bloomberg reports. “We didn't invent greed,” said Geraint Anderson,... More »

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newspaper • business • Britain • columnists • analyst guidance • greed • double life

 US, S. Korea Reach Beef Deal 

Imported US meat must come from cattle younger than 30 months

Jun 21, 08 10:46 AM CDT
(AP) - All US beef imported into South Korea will come from cattle less than 30 months old, officials said today, in a deal made to placate South Korean protesters worried about mad cow disease. Nonetheless, thousands of protesters returned to the streets of Seoul, calling for a complete renegotiation of an... More »

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South Korea • business • beef • US exports • imported food • beef industry • food industry

 Stealing Home: Five Signs
 It's Time to Lowball 

Forget the market and climb inside the seller's head

Jun 20, 08 1:18 PM CDT
(Newser) - It's not always the economy, stupid. Even in a weak market, buyers should consider a homeowner's situation before hurling a lowball bid, writes Daniel McGinn in Newsweek. One real estate broker offers five sure signs that a seller is ready to deal:
  1. Nobody's home. Sellers who have moved
... More »

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real estate • housing market • business • list • home sales • homeowners

Angel Investors Profit From Slumping Markets

Affluent investors increase investments, despite market downturn

Jun 18, 08 4:26 PM CDT
(Newser) - The bearish market hasn't stopped angels from acting like bulls, Portfolio reports. Angel investors, those who fund start-ups and small companies, are profiting from Wall Street's woes: Reduced private equity funding has made angels the go-to source for capital, improving their bargaining position and giving them more chances to... More »

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investing • private equity • business • credit market • startup

OPINION

Spam Thrives
in Tough Times

Sales of the spongy stuff are on the rise—even though it's not cheaper than meat

Jun 17, 08 8:34 PM CDT
(Newser) - Americans have gobbled up Spam for 71 years, despite Monty Python parodies and countless jokes about the spongy stuff. But Spam's sales have spiked 10% over the past 12 weeks, as the economy has gone sour and soaring gas prices have been gobbling up household income. In fact, it's no... More »

MORE ABOUT:
food • marketing • business • advertising campaign

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