President Barack Obama says the $3.4 trillion budget that Congress wrapped up builds on the steps he’s taken to move the economy from recession to recovery and eventually prosperity. Shortly after the Senate voted to pass the measure Wednesday, Obama said the…

Original post:
Obama hails passage of $3.4 trillion budget

The National Mall, known as America’s “front yard” and stretching from the U.S. Capitol to the Lincoln Memorial, is finally getting a recycling program. Officials said Wednesday the effort will begin with a study of how much of the nearly four tons of trash…

Read more here:
National Mall to start recycling program

Read the original post:
Blog: E*Trade Headed for TARP?

Sycamore Networks Inc. said Wednesday it is cutting about 30 percent of its worldwide work force because of the economic turmoil and reduced capital spending in the telecommunications market. The telecommunications equipment maker did not specify how many…

See more here:
Sycamore Networks to cut 30 percent of work force

The headline number for the gross domestic product showed another stomach-churning decline in the first three months of the year, but buried inside the data were what might be termed “glimmers of hope” for better days ahead. The details hidden deep in the…

See the rest here:
Meltdown 101: A tumble in GDP, by the numbers

The University of California is proposing to increase student fees by 9.3 percent for the coming academic year. The proposal released Wednesday is the latest move by the 10-campus system to help close a $450 million budget deficit. The UC Board of Regents is…

Here is the original:
UC proposes 9 percent increase in student fees

More:
Swine Flu: A Timely Challenge for Managers

Read the rest here:
Video: Can ‘Local’ Win Again?

View original here:
Podcast: Design Strategy for Business

DETROIT (Reuters) – Fiat SpA and Chrysler LLC are prepared to complete a merger deal by Thursday that would be taken into bankruptcy court as a key element of the U.S. automaker’s restructuring plan if needed, a person with direct knowledge of the preparations said.

Here is the original post:
Fiat, Chrysler prepared to complete deal: source

NEW YORK (Reuters) – Visa Inc posted better-than-expected quarterly earnings on Wednesday as the world’s largest credit card network increased prices, slashed expenses and consumers used debit cards more.

Read the original here:
Visa earnings beat estimates

Casino operator MGM Mirage says it has agreed with partner Dubai World and the pair’s lenders to finish an $8.5 billion casino complex on the Las Vegas Strip. MGM Mirage said Wednesday that Dubai World, the investment arm of the Dubai government, would drop a…

Go here to see the original:
MGM Mirage, Dubai reach pact to finish CityCenter

NEW YORK (Reuters) – Warren Buffett’s Berkshire Hathaway will not report first-quarter earnings on Friday as expected, a spokeswoman said on Wednesday.

Berkshire Hathaway will not report earnings Friday

Twitter quitters outnumber the flock of habitual tweeters on the rapidly growing online communications service, a new study suggests. Most people aren’t joining the Web site’s jumble of conversations for very long. More than 60 percent of Twitter’s U.S. users…

Read the original:
Is quitting Twitter more popular than re-tweeting?

LOS ANGELES (Reuters) – Starbucks Corp on Wednesday posted slightly better-than-expected quarterly profit as cost savings helped offset an 8 percent drop in same-store sales.

See the original post here:
Starbucks profit falls less than expected