Hispanic Business Magazine

Ethics Panel Admonishes Burris Over Blagojevich Scandal

Fri, 20 Nov 2009 12:27:56 PST

WASHINGTON - Sen. Roland Burris was rebuked Friday by the Senate Ethics Committee, which issued the Illinois Democrat a "public letter of qualified admonition" for his actions in connection with his appointment by disgraced former Illinois Gov....

Brock Lesnar's UFC Future in Medical Limbo

Fri, 20 Nov 2009 12:19:38 PST

The timetable for Brock Lesnar's return to the Ultimate Fighting Championship grows more uncertain by the day. In fact, Dana White indicated to the Associated Press on Monday that he is unsure if the heavyweight champion will ever fight again....

George Lopez Rips on Sarah Palin

Fri, 20 Nov 2009 11:45:45 PST

George Lopez is the latest comedian to have a heyday with Sarah Palin, saying she's got all the signs of being a Latina politician. "She has a child and a grandchild the same age," he quipped during an interview Thursday night with CNN Headline News host Joy Behar ....

What Will American Idol's Adam Lambert Sing at Sunday's American Music Awards?

Fri, 20 Nov 2009 09:36:43 PST

Fresh off a victorious spat with the editor of OUT magazine, American Idol's Adam Lambert is gearing up for what is likely to be the biggest week of his young professional career....

Miley Cyrus Tour Bus Crash Leaves One Dead

Fri, 20 Nov 2009 09:27:24 PST

The crash of a tour bus for singer Miley Cyrus on the slick roads of Virginia Friday morning has left the driver dead, but 16-year-old Cyrus was aboard another bus in the caravan....

Oprah's Tearful Goodbye

Fri, 20 Nov 2009 09:09:58 PST

Oprah Winfrey bade a tearful goodbye to her broadcast audience on Friday, but the departure is anything but abrupt. The queen of daytime media will quit her show, produced by Harpo Inc., at the end of September 2011 -- nearly two years from now....

Congress Growing More Frustrated With Obama, Economy

Fri, 20 Nov 2009 08:54:15 PST

...

Camaro Muscling in on Top Spot of Mustang

Fri, 20 Nov 2009 08:05:09 PST

DETROIT - The new Chevrolet Camaro is fast approaching its longtime rival, the Ford Mustang, as Detroit's muscle car sales leader. The Camaro outsold the Mustang by more than 3,000 last month - the fifth month in a row that Chevy outsold Ford since bringing back the storied car this spring....

Facebook Turns Into 'Big Brother'

Fri, 20 Nov 2009 08:05:09 PST

University of Wisconsin - La Crosse student Adam Bauer has nearly 400 friends on Facebook. He got an offer for a new one about a month ago. "She was a good-looking girl. I usually don't accept friends I don't know, but I randomly accepted this one for some reason," the 19-year-old said....

Sohu.com (SOHU) Earnings Beat Estimates

Fri, 20 Nov 2009 08:05:09 PST

While Sohu.com's (SOHU) third-quarter earnings beat the Zacks Consensus estimate and were in line with the company s own guidance, the outlook for the fourth quarter was far below expectation. The company's operating expenses have been steadily going up, which we fear could limit the growth in earnings....

Homeowners Behind on Mortgage Payments

Fri, 20 Nov 2009 08:05:09 PST

WASHINGTON -- The Mortgage Bankers Association said nearly 10 percent of U.S. homeowners were one payment or more behind on their mortgage payments. The delinquency rate for private single family and multi-unit homes of up to four units was 9.64 percent at the end of the third quarter, the MBA said in data released Thursday....

Ford's New Seat Belts Set for 2010 Rollout

Fri, 20 Nov 2009 08:05:09 PST

Ford says that beginning in 2010, it plans to be the first automaker to offer inflatable rear seat belts, a technology aimed at reducing injuries to children and elderly passengers in a crash. Ford's seat belts contain an inflatable bag inside the shoulder strap and a small cylinder of cold compressed gas beneath the seat that is dispensed through the buckle when a crash is detected....

Dell Reports Decline in Profit for Q3

Fri, 20 Nov 2009 07:00:35 PST

Computer maker Dell Inc (NASDAQ:DELL) reported on Thursday a 54% decline in third quarter net income to $337 million from $727 million in the third quarter last year. Earnings per share fell to USD0.17 from USD0.37 a year ago....

Texas Lawmaker Wants More Hispanics Included in Academic History Books

Fri, 20 Nov 2009 07:00:35 PST

Nov. 19--AUSTIN -- Hispanic leaders this week assailed a draft social studies curriculum under consideration by the State Board of Education, saying it woefully ignores the role that Hispanics have played in shaping state and national history....

Geithner Forced to Defend His Own Job

Fri, 20 Nov 2009 07:00:35 PST

US Secretary Timothy Geithner fired back at his opponents during a testy congressional hearing Thursday, rejecting calls for his resignation and defending the administration's economic policies. In a rare public outburst, Geithner tore into former president George W Bush's administration for causing the economic turmoil that President Barack Obama now finds himself in....

GAO to Audit the Fed

Fri, 20 Nov 2009 07:00:35 PST

Battles over regulatory change in Washington heated up Thursday as a House panel approved audits of the U.S. Federal Reserve. The House Financial Services Committee chose a bill sponsored by Rep. Ron Paul, R-Texas, who has long sought federal oversight of the central bank and who published a book this year called "End the Fed." ...

Google Shows Off Chrome OS

Fri, 20 Nov 2009 07:00:35 PST

U.S. Internet behemoth Google Thursday showed off for the first time the Chrome operating system it intends to debut in late 2010. Google product manager Sundar Pichai said a key advantage of Chrome OS, which will bypass computer hard drives, will be how fast it allows computers to get onto the Internet, the Los Angeles Times reported....

Geithner Presses Committee for Financial Reforms

Fri, 20 Nov 2009 07:00:35 PST

U.S. Treasury Secretary Timothy Geithner pressed lawmakers in Washington Thursday to stay the course on regulatory reform for the financial system. Geithner said the goal was to "ensure that Americans are never again forced to suffer the consequences of a preventable economic collapse." ...

Senate May Hold Key Healthcare Vote Soon

Fri, 20 Nov 2009 07:00:35 PST

A critical procedural vote on bringing the U.S. Senate healthcare plan to the floor is likely to come Saturday, Majority Leader Harry Reid said Thursday. All 40 Republicans in the Senate are expected to vote against opening debate on the bill....

Oprah Winfrey to End Talkshow; Starting Cable Network

Thu, 19 Nov 2009 15:50:06 PST

Oprah Winfrey, the television icon who revolutionized talk TV in the 1980s, has announced that she will end her show in 2011, so she can focus on starting her own cable channel....

GOP Star Mike Huckabee Brushes Back Rush Limbaugh, Criticism of President Obama

Thu, 19 Nov 2009 14:49:42 PST

Conservative Mike Huckabee, the former Arkansas governor, who is emerging as a top contender for the GOP presidential nomination in 2012, is gaining some attention this week for his comments in defense of President Obama....

Cellphones Replacing Landlines

Thu, 19 Nov 2009 14:35:46 PST

WASHINGTON (UPI) -- The U.S. Census Bureau said between 1998 and 2005, the percentage of U.S. households with cellphones increased dramatically while landline usage decreased. Census Bureau News, citing latest data, said Thursday the percentage of U.S....

Key Review of U.S. Nuke Arsenal Completed

Thu, 19 Nov 2009 14:35:46 PST

WASHINGTON (UPI) -- An agency of the Energy Department says a review of the U.S. nuclear arsenal, which could have a big effect on future arms-control deals, is done. The National Nuclear Security Administration said Thursday the classified version of the so-called JASON review of the Life Extension Program for U.S....

Feds Seize Millions in Drug Money

Thu, 19 Nov 2009 14:35:46 PST

...

Markets Slide on Thursday

Thu, 19 Nov 2009 14:35:46 PST

NEW YORK (UPI) -- U.S. markets were down Thursday, despite leading indicators rising slightly in October. The Labor Department said initial jobless claims were unchanged in the week ending Nov. 14....

Russia Commits to More Emissions Reduction

Thu, 19 Nov 2009 14:35:46 PST

BRUSSELS (UPI) -- Russian diplomats said Moscow was prepared to cut back on its environment-polluting emissions during its summit with the European Union in Sweden. The Russian contingent said the country was ready to reduce emissions between 20 percent and 25 percent below 1990s levels by 2010, up from a previous commitment of 10 percent to 15 percent, EUobserver.com reported Wednesday....

Computer Glitch Delays, Cancels Flights

Thu, 19 Nov 2009 14:35:46 PST

ATLANTA (UPI) -- A glitch in a computer that schedules flights delayed air travel across the United States Thursday, the Federal Aviation Administration said. The FAA said pilots use the computer system housed in Atlanta to file their flight plans, CNN reported....

Chrysler Buying Guide

Thu, 19 Nov 2009 14:14:32 PST

As Chrysler settles into life with its new business partner, Fiat, and dives into work on its future model lineup, the current model line has dwindled. While that new partnership is promising, it'll be at least a year or two before any Italian-American collaborations actually get delivered to Chrysler dealerships....

Fast & Furious -- an Insider's Guide to the New 2010 Sports Cars

Thu, 19 Nov 2009 13:52:15 PST

The automotive world these days seems divided into two camps. In one is the green crowd, who tout hybrids, alternative fuels, electric cars, and numerous other technologies designed to reduce the impact cars have on the environment, albeit at the expense of fun....

Closing Arguments in Amanda Knox, 'Foxy Knoxy,' Trial to Begin Friday

Thu, 19 Nov 2009 12:29:35 PST

Closing arguments in the highly sensational Amanda Knox murder trial in Italy begin on Friday, with the fate of the American teenager on the line....

Kaena Wine -- A Great Holiday Gift for the Wine Enthusiast

Thu, 19 Nov 2009 11:34:29 PST

To complement our pending gift guide in the November/December issue of HispanicBusiness Magazine, we'll also be running online reviews of gifts we couldn't fit into the issue....

Initial Jobless Claims Hold at 505,000

Thu, 19 Nov 2009 09:28:33 PST
WASHINGTON (UPI) -- First-time claims for U.S. unemployment insurance benefits were unchanged in the week ending Nov. 14, the U.S. Department of Labor said Thursday. Claims held even at 505,000 after three consecutive weeks of declines....

Extending Unpopular TARP Considered

Thu, 19 Nov 2009 09:28:33 PST
WASHINGTON (UPI) -- Sources close to the government said the Obama administration is leaning toward an extension of the $700 billion bailout fund, in part to pay down U.S. debt. For many, the massive Troubled Asset Relieve Program played out like a get-out-of-jail-free card given to Wall Street despite the role big banks played in the financial meltdown that led to a near-global recession....

Sarah Palin's Memoir: a Means for Revenge

Thu, 19 Nov 2009 09:28:33 PST
...

Physician Bias May Affect Transplants

Thu, 19 Nov 2009 09:26:56 PST
...

Scammers Prey on At-Risk Homeowners

Thu, 19 Nov 2009 09:07:04 PST
Preventing people from getting ripped off by mortgage-loan modification scams is like playing Whack-A-Mole. "You knock them down in one place, and they pop up in another," said Ohio Attorney General Richard Cordray of the illegal operations....

Sony Aims to Return TV, Game Businesses to Profit by End of Fiscal 2010

Thu, 19 Nov 2009 09:07:04 PST
TOKYO -- Sony Corp. said Thursday its new management team will aim to restore profitability to its core television and game businesses by the year ending in March 2011 by tapping into demand in emerging markets and strengthening three-dimensional products....

Fed's Bullard: Inflation Risks Substantial in Two to Four Years

Thu, 19 Nov 2009 09:07:04 PST
Inflation may be coming but not anytime soon, says James Bullard, president of the Federal Reserve Bank of St. Louis. Bullard, who sits on the rate-setting Federal Open Markets Committee, says he sees little risk of inflation in coming months, but "substantial inflation risk" two to four years from now....

Years of Budget Deficits Predicted for California

Thu, 19 Nov 2009 09:07:04 PST
California faces annual budget deficits of $20 billion even while assuming state employees would receive no salary increases through 2014-15, according to a forecast issued today by the nonpartisan Legislative Analyst's Office....

CalPERS Chief Weighs Public Reprimands

Thu, 19 Nov 2009 06:49:12 PST
CalPERS' president, promising to clean up an influence-peddling scandal at the big pension fund, raised the prospect Wednesday of publicly reprimanding board members and employees who violate ethical standards....

Immigrants Facing Higher Unemployment During Recession

Thu, 19 Nov 2009 06:49:12 PST
Immigrants had a lower unemployment rate than native-born workers during the last economic boom, but the severe recession reversed that trend, according to a study released Wednesday by the Migration Policy Institute, a Washington, D.C., think tank....

Citigroup Eyes ACORN Investment: Awaits Probe

Thu, 19 Nov 2009 06:49:12 PST
Citigroup (NYSE:C) CEO Vikram Pandit isn't ruling out reinvesting in scandal-plagued ACORN, the left-wing community group whose employees were caught on a hidden camera earlier this year allegedly giving advice on how to set up a prostitution ring without getting nabbed by the IRS....

Hispanics in Arizona Increase Economic Clout

Thu, 19 Nov 2009 06:49:12 PST
The rapidly growing Hispanic community in Arizona is playing an increasing role in the economic and cultural life of the state, according to a study released Wednesday by the Arizona Hispanic Chamber of Commerce....

OECD Sees Lagging Recovery for Jobs

Thu, 19 Nov 2009 06:49:12 PST
The global economic recovery hasn't the muscle to stop rising unemployment, the Organization of Economic Cooperation and Development in Paris said Thursday. The organization that represents 30 developed nations and about 70 percent of the world's economic output, said "the most virulent recession in decades," is on the wane....

No Afghan Decision Before Thanksgiving

Thu, 19 Nov 2009 06:49:12 PST
U.S. President Barack Obama won't announce his decision about sending more troops to Afghanistan before Thanksgiving, senior aides said Thursday. The news came as Obama greeted troops at Osan Air Base in South Korea before boarding Air Force One to return to Washington after his eight-day trip to Asia, The Washington Post reported....

Obama Warns of Growing U.S. Debt

Thu, 19 Nov 2009 06:49:12 PST
U.S. President Barack Obama Wednesday warned growing national debt could undermine public confidence and "could actually lead to a double-dip recession." In an interview with Fox News Channel before leaving Beijing, Obama said spending is necessary to jumpstart the economy but there is a danger in running up too much debt....

Health Plan Price Tag is $849 Billion Over 10 Years

Thu, 19 Nov 2009 06:49:12 PST
A healthcare package unveiled Wednesday by Senate Majority Leader Harry Reid, D-Nev., could extend coverage to more than 30 million Americans, Reid said. The price tag would be $849 billion over 10 years, covered by a number of new taxes and cuts in Medicare costs, Reid said during a presentation on Capitol Hill....

$849 Billion Senate Health Bill Cheaper Than House Version

Wed, 18 Nov 2009 15:26:14 PST
The bill unveiled by Senate Democrats today would cost less than the bill passed by the House in late October, but would guarantee coverage for fewer people. Both seek to offer a sweeping overhaul of the current system, boosting the proportion of Americans with insurance to at least 94 percent from current 85 percent....

Evan Chandler, Father of Michael Jackson's First Accuser, Commits Suicide

Wed, 18 Nov 2009 15:20:00 PST
...

Wall Street Retreats on Software Earnings, Weak Housing Starts

Wed, 18 Nov 2009 15:10:22 PST
NEW YORK (Xinhua) -- Wall Street fell moderately on Wednesday as technology shares weighed on the market and housing starts dropped sharply. Salesforce.com Inc., the largest seller of Web-based customer- management software, forecast fourth-quarter profit of 14 cents to 15 cents a share, lower than expectations....

Gitmo Closure Deadline to be Missed

Wed, 18 Nov 2009 15:10:22 PST
(UPI) -- U.S. President Barack Obama says his administration will miss its self imposed deadline to close the Guantanamo Bay, Cuba, terrorism detainee camp. During television interviews given during his trip to Asia, Obama indicated his mid-January deadline for closing Guantanamo would probably not be met and he did not give a new deadline, The New York Times reported Wednesday....

New Media Pioneers Talk Innovation

Wed, 18 Nov 2009 12:52:03 PST
For the lone entrepreneur, "new media" -- the ever-evolving avenues of electronic communication -- has democratized communication channels, allowing a very real chance for exposure to millions, all on a reasonable budget....

Automobile Industry Revs Up For 2010

Wed, 18 Nov 2009 12:27:00 PST
It's clear that 2009 was a tough year for the American automobile industry. With companies laying off tens of thousands of workers, a nationwide credit freeze and a devastating 18 percent plunge in car sales, this has been the worst year in recent memory for the automotive industry....

Corner Office: The Great Recovery

Wed, 18 Nov 2009 12:15:52 PST
As the nation approaches the holiday season of one of the most challenging years in memory due to the Great Recession, entire industries and the unemployed look toward the future with guarded but hopeful expectations....

'Desperate Housewives' Star Eva Longoria Parker Honored

Wed, 18 Nov 2009 12:02:46 PST
Actress Eva Longoria Parker has been named Philanthropist of the year by The Hollywood Reporter....

Ad Agencies Turn to New Media

Wed, 18 Nov 2009 11:55:49 PST
The current economic climate has toppled many a titan, and the advertising industry is no exception. In November, for instance, the legendary Cliff Freeman and Partners — creator of iconic campaigns such as "Where's the Beef " and "Pizza Pizza" — shuttered its shop....

Olympic Gold Medalist Rashid Ramzi Stripped of Medal

Wed, 18 Nov 2009 10:25:27 PST
Olympic Gold Medalist Rashid Ramzi lost his gold medal on Wednesday. The International Olympic Committee stripped Ramzi, a middle-distance runner from Morocco, of his 1,500-meter Olympic gold medal for allegedly doping at the Beijing games....

From Runners World and Beauty Pageants to the White House in 2012? Palin, Prejean Are Media Stars

Wed, 18 Nov 2009 09:22:03 PST
Sassy Sarah Palin, the GOP's possible presidential nominee in 2012, is blasting Newsweek's cover image of the former Alaska governor, calling it sexist....

Obama Talks to Fox News; Feud Over?

Wed, 18 Nov 2009 08:58:44 PST
...

Microsoft Offers Black Friday Office Discount

Wed, 18 Nov 2009 08:51:26 PST
Microsoft's MacBU will be offering a special 70 percent discount on Office 2008 for Mac: Special Media Edition on Thursday, November 27 and Friday, November 28. Shoppers will receive an instant US$350 rebate when they purchase the Office suite on the U.S....

Black Friday Sales: Retailers Hope to Bring Order Before Chaos

Wed, 18 Nov 2009 08:51:26 PST
CHICAGO -- Take a nation of retailers on edge about falling sales. Toss in a crowd of bargain-hungry consumers addicted to deals. Keep them apart for hours before dawn with only a glass door separating them, and you have the makings of a Black Friday calamity....

Obama Targets Financial Fraud

Wed, 18 Nov 2009 08:51:26 PST
The Obama administration announced Tuesday the formation of an interagency task force aimed at preventing and prosecuting financial crimes. The so-called Financial Fraud Task Force replaces the Corporate Fraud Task Force, which was formed in 2002 in response to financial scandals earlier this decade....

U.S. Health Plans Have History of Cost Overruns

Wed, 18 Nov 2009 08:51:26 PST
As President Obama and Congress craft the largest national health insurance program since the creation of Medicare and Medicaid in 1965, they insist that the final product will add "not one dime" to the federal deficit....

NASA Gives Hubble Hardware to Smithsonian

Wed, 18 Nov 2009 08:51:26 PST
...

Model Joanna Krupa Eliminated From 'Dancing With the Stars'

Wed, 18 Nov 2009 08:50:13 PST
ABC's Dancing With the Stars dropped model Joanna Krupa during last night's results show....

Obama Creates Panel to Investigate Financial Crimes

Wed, 18 Nov 2009 07:53:15 PST
The Obama administration Tuesday announced a renewed crackdown on financial crimes, establishing a task force of top federal officials to work with state and local authorities to prosecute cases stemming from the crash of the housing market and the Wall Street meltdown....

Ford Fusion is Top Car; Billionaire Buys Stock

Wed, 18 Nov 2009 07:53:15 PST
Ford Motor Co. scored a hat trick on Tuesday. Motor Trend magazine selected the Ford Fusion midsize sedan as its car of the year. Billionaire financier George Soros revealed his investment arm has purchased $52.9 million in Ford stock. And, the company's stock price hit a 2-year high of $9 per share before closing at $8.98 for the day....

U.S. Housing Starts Fall 10.6 Percent in October

Wed, 18 Nov 2009 07:53:15 PST
U.S. construction of new homes unexpectedly plunged by 10.6 percent in October to a seasonally adjusted annual rate of 529,000, the Commerce Department reported Wednesday. The figure in October, much lower than the 600,000 expected by economists, was also 30.7 percent below the revised year-ago level....

Maersk Alabama Fends Off 2nd Pirate Attack

Wed, 18 Nov 2009 06:59:33 PST
Security personnel aboard the U.S.-flagged Maersk Alabama repelled an attack of suspected pirates off the Somali coast Wednesday, U.S. Navy officials said. Four pirates in a skiff came within 300 yards of the Danish-owned Maersk Alabama about 560 nautical miles off the northeastern coast of Somalia, U.S....

Wall St. Has Recovered Much Faster Than the Economy

Wed, 18 Nov 2009 06:59:33 PST
A year ago, when markets were plunging, a down day was all of that: The numbers sank with little hope financial news could provide any traction at all. What a difference a year makes. With U.S....

Biden Asks Recovery.gov to Fix Errors

Wed, 18 Nov 2009 06:59:33 PST
U.S. Vice President Joe Biden has asked a government Web site to correct statistics indicating stimulus funds have gone to non-existent congressional districts. Biden's request came after an ABC News report found errors in Recovery.gov's accounting of hundreds of millions of dollars spent and thousands of jobs created or saved in incorrectly numbered or non-existent congressional districts....

Geithner: US Needs to Lead International Reforms

Wed, 18 Nov 2009 06:35:59 PST
Treasury Secretary Timothy Geithner pressed Congress Tuesday to agree quickly on an overhaul of financial regulation that would allow the US to spur a wider international reform effort. In wide-ranging testimony before Congress, Geithner also said international cooperation and rebalancing global growth was critical to keeping the world economy running in future years....

Goldman Sachs Looks to Bail Out its Image

Tue, 17 Nov 2009 15:52:48 PST
...

House Dems Hope to Pass Jobs Bill Soon

Tue, 17 Nov 2009 15:52:48 PST
WASHINGTON (UPI) -- U.S. House Democratic leaders said Tuesday they hope to pass a jobs bill before lawmakers leave Washington Dec. 18 for their Christmas recess. House Speaker Nancy Pelosi has asked key committee chairmen for ideas on job creation, which House Majority Leader Steny Hoyer said could be folded into one bill, The Hill reported....

Markets Up Slightly Tuesday

Tue, 17 Nov 2009 15:52:48 PST
NEW YORK (UPI) -- U.S. markets pulled out of a morning slump to post positive numbers Tuesday, marking the fourth gain in the past five trading sessions. Stocks were flat most of the day, much like the Federal Reserve's report on industrial production in October, which showed a 0.1 percent increase after a three-month streak in which the average gain was 0.9 percent....

DJ Hero Brings the Party to Your Living Room

Tue, 17 Nov 2009 15:09:10 PST
To complement our pending gift guide in the November/December issue of HispanicBusiness Magazine, we'll also be running online reviews of gifts we couldn't fit into the issue....

UFC's Brock Lesnar Has Surgery for Mystery Illness

Tue, 17 Nov 2009 14:18:10 PST
Amid false internet rumors that Brock Lesnar is dead, the cloud of mystery surrounding UFC champion Brock Lesnar continues after UFC president Dana White said on Tuesday that Lesnar underwent "minor surgery." "Brock had minor surgery and is feeling better. Not 100% sure he is out of the woods but feeling better," White tweeted....

Industrial Output Flat in October

Tue, 17 Nov 2009 12:56:15 PST
WASHINGTON (UPI) -- U.S. industrial production rose 0.1 percent in October, following a gain of 0.7 percent in September, the Federal Reserve said Tuesday. Production fell flat following three months in which the average gain was 0.9 percent....

MTV's Ken Ober, Host of Remote Control, Dies Suddenly

Tue, 17 Nov 2009 12:50:17 PST
Ken Ober, one of MTV's iconic faces during the network's rise in the 1980s, has died. He was 52....

Lou Dobbs Gets $8M Goodbye; Will He Challenge Menendez?

Tue, 17 Nov 2009 12:39:54 PST
Lou Dobbs' abrupt departure from CNN may have been a victory for his detractors, but for Dobbs, the bitter pill was no doubt sweetened by CNN's parting gift of $8 million....

Tea Party Protest on Illegal Immigration Turns Violent (Video)

Tue, 17 Nov 2009 09:58:35 PST
A Tea Party protest against illegal immigration turned violent Saturday in Ft. Lauderdale, Florida, when two Tea Party representatives went to confront a group of counter-protesters and were beat up....

Probes Center on BofA-Merrill Lynch Maneuvers During Crisis

Tue, 17 Nov 2009 08:59:06 PST
...

Who Should see 'New Moon'?

Tue, 17 Nov 2009 08:59:06 PST
Parents whose children were too young to catch the first wave of "Twilight" hysteria might have noticed that there's a "New Moon" rising Friday, and it's taking with it a new generation of "Twilight" fans, particularly girls who are 11 and up....

Sarah Palin, with New Book and on Oprah, Back in the Spotlight

Tue, 17 Nov 2009 08:59:06 PST
...

Houston Hispanic Chamber Honors Business Leaders

Tue, 17 Nov 2009 08:59:06 PST
The Houston Hispanic Chamber of Commerce recognized leaders from across the Americas at its 26th annual Triunfando awards ceremony this weekend. Maria Rios, owner of waste-hauling company Nation Waste, was named the female entrepreneur of the year....

Ozomatli's Music Goes Global

Tue, 17 Nov 2009 08:59:05 PST
Oh, to be in Ozomatli's shoes. With seven members, that's a lot of shoes. The multi-culti, Latin-based rock-hip hop fusionists and consummate party band has traveled to some pretty exotic places the last couple of years, including Tunisia, Egypt and Nepal....

Postal Service Lost $3.8 Billion Last Year

Tue, 17 Nov 2009 08:59:05 PST
...

NCLR, Others Call for More Stimulus Jobs

Tue, 17 Nov 2009 08:59:05 PST
...

How Italy Beat the World to a Smarter Grid

Tue, 17 Nov 2009 08:59:05 PST
After several false starts, 2010 finally could be the year when smart meters go global. The technology, which lets energy companies and consumers more closely monitor their electricity consumption, has many champions....

Beaujolais Nouveau is Coming

Tue, 17 Nov 2009 08:59:05 PST
The first wine to appear with a 2009 vintage will be Beaujolais Nouveau. Growers are so pleased many consider it to be the finest since 1947. Bon viveur wine bar owner Don Hewitson (Cork and Bottle and Shampers in London theatreland) thinks it is the best since 1986 when he sold a mere 12,000 bottles - he wasn't around in '47 so we'll go with him....

Signs that Economy is on the Mend

Tue, 17 Nov 2009 07:58:10 PST
Recent evidence from the Detroit Three and the broader economy is making it difficult to deny that the U.S. economy -- even including Michigan -- is beginning to heal. That's despite the fact that many people remain out of work, housing prices are weak and foreclosures continue....

TJX Earnings In-line with Guidance

Tue, 17 Nov 2009 06:40:08 PST
TJX Companies Inc. (NYSE: TJX) said it expects fourth quarter earnings of $0.65 to $0.71 per share. The current consensus earnings estimate is $0.71 per share for the quarter ending January 31, 2010. ...

GMAC CEO Al de Molina Resigns: Carpenter Named CEO

Tue, 17 Nov 2009 06:39:33 PST
Al de Molina, the Charlotte-based chief executive of GMAC Financial Services, resigned Monday, jolting a company that had been expanding operations in his home city. The Detroit-based auto lender named Michael Carpenter as his replacement....

China, U.S. Firm Sign Deal for World's Largest Solar Plant

Tue, 17 Nov 2009 06:39:33 PST
Beijing (dpa) - U.S. firm First Solar Inc said it signed a framework agreement with the Chinese government Tuesday to build what could become the world's largest solar power plant in China's Inner Mongolia region....

$5.1B in TARP Funds at Risk

Tue, 17 Nov 2009 06:39:33 PST
Financial regulators say about $5.1 billion in Troubled Asset Relief Program funds are in the hands of banks that have failed or may fail soon. Regulators have listed 27 of 690 financial firms that received TARP funds as failed or in serious trouble, The Wall Street Journal reported Tuesday....

U.S. Panel Urges New Mammogram Policy

Tue, 17 Nov 2009 06:39:33 PST
...

Bernanke Sees Constrained Growth Ahead

Tue, 17 Nov 2009 06:39:33 PST
U.S. Federal Reserve Chairman Ben Bernanke said the economic recovery was on solid enough ground to continue through 2010 with modest gains in employment. Speaking in New York City at The Economic Club Monday, Bernanke said, "my own view is that the recent pickup reflects more than purely temporary factors and that continued growth next year is likely." ...

Home Depot (HD) Revises Earnings Guidance Higher

Tue, 17 Nov 2009 06:39:33 PST
Home Depot Inc. (NYSE: HD) said it now expects fiscal year earnings of approximately $1.55 per share. The company's previous guidance was earnings of $1.42 to $1.51 per share and the current consensus earnings estimate is $1.51 per share for the year ending January 31, 2010....