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BusinessWeek Headlines
- Unions, Business Oppose Tax on 'Cadillac' Care 11/24/09
- In chasing revenue to help pay for health-care reform, Democrats have managed to rally two groups that tend to oppose each other -- unions and Big Business. The focus of their ire: a proposed 40% excise tax on high-premium or so-called Cadillac health plans.
- Stocks Gain on Home-Sales Data 11/24/09
- U.S. stocks closed solidly higher Monday as a stronger-than-expected October home sales report helped to reassure investors' faith in the economic recovery.
- Checking the Health of the Housing Recovery 11/24/09
- There are yet more signs that the crippled U.S. housing sector is getting back on its feet. On Nov. 23 news arrived that U.S. existing home sales jumped 10.1% in October. Homes were bought and sold at the rate of 6.1 million per year -- much better than the 4.5 million rate in the beginning of the year. More data are expected in coming days on home prices and new-home sales.
- Apple's Schiller Defends iPhone App Approval Process 11/23/09
- Apple (AAPL) is under fire from some developers for the way it vets applications that can be sold on its online App Store. Facebook developer Joe Hewitt goes so far as to say he's "philosophically opposed" to the very notion of a company deciding which applications can and can't be used on its hardware. The presence of "gatekeepers" in software development "sets a horrible precedent," he says.
- Stocks Slip on Dell Earnings 11/23/09
- U.S. stock indexes closed lower Friday after late-day bargain hunting failed to lift the market out of an earlier slump led by weakness in technology, energy and homebuilding issues.
- Wall Street: Is It Good to Apologize for Greed? 11/23/09
- If you think the controversy over the gigantic hauls at Wall Street powerhouses during tough economic times -- for example, the current dustup over Goldman Sachs (GS) Croesus-like 2009 bonus pool -- is a recent phenomenon, think again.
- Weak Job Market: Still a Drag on Consumer Companies 11/22/09
- [This is the second of two parts. Read part one.
- Stocks Fall on Stronger Dollar, Weak Techs 11/22/09
- U.S. stocks closed lower Thursday as a stronger dollar put downward pressure on equities and other riskier investments, including commodities. Additional downward pressure came from a Bank of America Merrill Lynch downgrade of chipmakers. Materials, energy, and industrial stocks were among the hardest hit.
- Dell Stock Gains May Slacken 11/22/09
- An eight-month climb in Dell's stock price may slacken after the computer maker tempered a previously upbeat forecast of business demand for PCs.
- Stocks Slip on Housing, Tech Weakness 11/19/09
- U.S. stocks closed lower Wednesday as traders decided to take some profits from 2009's substantial equity advance amid some disappointing news on the housing sector. The pullback followed the market's recent rally to 13-month highs.
- The Six Entrepreneurs You Meet in China, Part Two 11/19/09
- Editor's note: This is the second of a two-part Valley Girl series on entrepreneurs in China. The second three of six types of businessmen are featured below.
- Game Console Makers at a Crossroads 11/19/09
- Microsoft, Nintendo, and Sony need a new game plan. Amid growing evidence old marketing strategies aren't working and concerns by some analysts that holiday sales may be lackluster, the big three console makers are scrambling for new ways to entice consumers.
- Commercial REITs: Investing in a Shaky Market 11/18/09
- Anyone who's been paying attention to Wall Street investment strategists' forecasts for 2010 knows that a potential avalanche of commercial real estate foreclosures could hit the market -- and the smartest thing to do is get out of the way. This would include steering clear of most of the real estate investment trusts, or REITs, in the commercial sector. These trusts hold a lot of the retail, office, and industrial properties that have fallen sharply in value and may find it hard to refinance the underlying loans that are set to mature in the next few years.
- Payback Time? The SEC Launches a Second 'Clawback' Case 11/18/09
- Federal officials are stepping up their use of "clawbacks" to recover executive pay for company performances that proved illusory, filing their second case in four months against a company CEO who was not accused of individual misconduct.
- Stocks Finish with Modest Gains 11/18/09
- Major U.S. stock indexes finished higher Tuesday, resuming their recent rally to 13-month highs.
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