South Carolina Gov. Mark Sanford’s use of state planes for personal and political trips could open him and the state to federal tax penalties because the flights never were recorded as taxable fringe benefits. Tax experts who reviewed an Associated Press…
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Clemson University – South Carolina – University of South Carolina – Mark Sanford – United States
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SC gov’s state flights raise may tax liabilities
Semiconductor maker Micron Technology Inc. on Tuesday posted a narrower-than-expected loss for its fiscal fourth quarter and the market is beginning to improve. Micron reported a loss of $88 million, or 10 cents per share, in the quarter ended Sept. 3,…
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Micron Technology – Components – Business – Health – Semiconductors
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Micron Technology posts narrower 4Q loss
Republican gubernatorial candidate Meg Whitman said Tuesday that it wasn’t until she was a chief executive in Silicon Valley that she realized why she should vote after sitting out elections for decades. She says the problems with government she confronted…
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Meg Whitman – EBay – Republican – Politics – Chief executive officer
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Meg Whitman: I focused on family instead of voting
The Senate Finance Committee votes 15-8 against creating a new government health insurance option to compete with the private market
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Senate Committee Rejects Public Plan
SAN FRANCISCO (Reuters) – Nike Inc reported a first-quarter net profit on Tuesday that beat Wall Street estimates as the company cut costs to counter fewer orders and revenue declines in most of its key geographic regions.
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Nike beats Street despite revenue decline
In an unusually frank disclosure, Iran’s nuclear chief said Tuesday the country’s new uranium enrichment site was built for maximum protection from aerial attack: carved into a mountain and near a military compound of the powerful Revolutionary Guard. Iran’s…
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Iran – Middle East – English language – Television – Press TV
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Iran built nuclear site shielded from air attack
MADOFF AFTERMATH: To prevent another breakdown like the Bernard Madoff fraud, the Securities and Exchange Commission’s inspector general is recommending a new system for handling the thousands of tips and complaints the agency receives, among other changes….
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Bernard Madoff – U.S. Securities and Exchange Commission – Inspector General – Business – Fraud
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Summary Box: SEC IG urges changes after Madoff
The dollar inched up against the euro but fell against the pound Tuesday as investors weighed a surprise drop in consumer confidence and a third straight monthly increase in home prices. The 16-nation euro slipped to $1.4568 in late New York trading from $…
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New York – United States – Consumer confidence – Real estate pricing – Pound sterling
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Dollar mixed on consumer confidence, home prices
The Obama Administration has won kudos for making much of the government’s wealth of data and current publications available to all via the Web. But what about the billions of pieces of information that predate the …
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National Archives and Footnote Put Paper Records Online
NEW YORK (Reuters) – Stocks fell on Tuesday as a surprise drop in a gauge of consumer confidence overshadowed signs of stabilization in housing and solid earnings from Walgreen Co .
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Wall Street dips as confidence data weighs
With the latest round of bids in from Bloomberg, Open Gate Capital, ZelnickMedia, and at least one other party, a decision on a sale could be made within a week, says BW’s Tom Lowry
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Revised Bids Are Due for BusinessWeek
T-Mobile USA plans to start selling the first phone from Motorola that uses Google’s software on Oct. 19. The Motorola Cliq will cost $200 with a two-year contract, T-Mobile said. Buyers who aren’t already T-Mobile customers will have to wait until Nov. 2….
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Android – Motorola – T-Mobile – Google – Motorola Cliq
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T-Mobile to sell Motorola Android phone Oct. 19
The mounting regulatory pressure on Moody’s Investors Service and the other major credit rating agencies appears to be making investors nervous. Regulators and lawmakers have proposed new regulations to reduce conflicts of interest and improve transparency in…
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Moody – Credit rating agency – Business – Credit rating – U.S. Securities and Exchange Commission
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Investors appear uncertain about Moody’s
Goodyear Tire & Rubber Co. said Tuesday that a new national contract with the United Steelworkers union will save the company $215 million over the four-year life of the agreement. Combined with earlier staff-reduction agreements at five plants, the Akron,…
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United Steelworkers – Goodyear Tire and Rubber Company – Business – Akron Ohio – Contract
A report showing Americans are still jittery about the economy has pushed stocks lower a day after a steep rally. Stocks lost ground Tuesday following a Conference Board report that its consumer confidence index fell in September after gaining the month…
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Wall Street – Business – Investing – United States – Dow Jones & Company
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Drop in consumer confidence weighs on stocks