Daily news

Daily Business news, Financial news & World news

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…

Email this Article
Add to del.icio.us
Add to digg
Add to Facebook



Sponsored Topics:
Clemson UniversitySouth CarolinaUniversity of South CarolinaMark SanfordUnited States

Go here to see the original:
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,…

Email this Article
Add to del.icio.us
Add to digg
Add to Facebook



Sponsored Topics:
Micron TechnologyComponentsBusinessHealthSemiconductors

Read the original here:
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…

Email this Article
Add to del.icio.us
Add to digg
Add to Facebook



Sponsored Topics:
Meg WhitmanEBayRepublicanPoliticsChief executive officer

See more here:
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

See the original post here:
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.

See original here:
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…

Email this Article
Add to del.icio.us
Add to digg
Add to Facebook



Sponsored Topics:
IranMiddle EastEnglish languageTelevisionPress TV

Read the original:
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….

Email this Article
Add to del.icio.us
Add to digg
Add to Facebook



Sponsored Topics:
Bernard MadoffU.S. Securities and Exchange CommissionInspector GeneralBusinessFraud

See original here:
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 $…

Email this Article
Add to del.icio.us
Add to digg
Add to Facebook



Sponsored Topics:
New YorkUnited StatesConsumer confidenceReal estate pricingPound sterling

See the original post:
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 …

View original post here:
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 .

View original here:
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

See more here:
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….

Email this Article
Add to del.icio.us
Add to digg
Add to Facebook



Sponsored Topics:
AndroidMotorolaT-MobileGoogleMotorola Cliq

Go here to read the rest:
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…

Email this Article
Add to del.icio.us
Add to digg
Add to Facebook



Sponsored Topics:
MoodyCredit rating agencyBusinessCredit ratingU.S. Securities and Exchange Commission

View original here:
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,…

Email this Article
Add to del.icio.us
Add to digg
Add to Facebook



Sponsored Topics:
United SteelworkersGoodyear Tire and Rubber CompanyBusinessAkron OhioContract

More here:
Goodyear: new contract provides $215M in savings

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…

Email this Article
Add to del.icio.us
Add to digg
Add to Facebook



Sponsored Topics:
Wall StreetBusinessInvestingUnited StatesDow Jones & Company

See more here:
Drop in consumer confidence weighs on stocks