Nice of Gov. Arnold Schwarzenegger to laud the Obama administration’s “leadership” in giving California’s high-speed rail project $2.25 billion. “Fantastic news for job creation in California,” he said. Less fantastic are the prospects for the $7 billion in…

California – Arnold Schwarzenegger – Presidency of Barack Obama – United States – High-speed rail

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Schwarzenegger gets icy reception in Washington

https://microsite.accenture.com/sustainability/Pages/default.aspxAs I write from the World Economic Forum, having attended an event with some of the UN leadership and CEOs from various sectors, I’m further reminded of the growing prominence of sustainability issues in both core business strategy …

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Davos: Business Leaders Focus on 5 Sustainability Themes

New CEO Wes Bush’s caution looks like a sign he’s focused on improving the aerospace company’s lagging profit margins

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Tanker Call Looms Over Northrop CEO

NEW YORK (Reuters) – Stocks dropped on Friday, as worries about fiscal turmoil in Europe and a drop in technology stocks pushed the S&P 500 to its worst monthly decline since February 2009.

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Stocks fall on euro-zone worry, tech slide

Of the 82 Januarys in the history of S&P 500 from 1929 (through 2009), 52 have been positive and 29 have been negative. Of the 52 gains, 42 were positive for the entire year and 9 were down (1947 was flat). Of the 29 January’s that were down, 18 of those were down for the year and 11 were up. The …

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So Goes January SO Goes The Year – Hope not

NEW YORK (Reuters) – Stocks slid sharply on Friday, sending the benchmark S&P 500 down more than 1 percent during the last half-hour of the session as investors pared back exposure to riskier assets amid worries about fiscal turmoil in Europe.

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Stocks skid further on fiscal worry

NEW YORK (Reuters) – The rating impact of recent Lehman Brothers court rulings in the English Court of Appeal and the U.S. Bankruptcy Court on existing structured finance ratings could be “wide-ranging” globally, Fitch Ratings said on Friday.

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Lehman rulings may impact global structured finance

DETROIT/FRANKFURT (Reuters) – Toyota Motor Corp’s largest rivals are declaring open season on the automaker at a time when the industry leader is seen as most vulnerable in its largest market.

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Rivals take aim at Toyota customers amid recall

NEW YORK/SAN FRANCISCO (Reuters) – Chevron Corp posted a drop in quarterly profit on Friday, and its new boss said the second-largest U.S. oil company had plenty of work to do on its own project line-up without making any big acquisitions.

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Chevron Q4 profit down, sees 2010 output up 1 percent

SAN FRANCISCO (Reuters) – Wal-Mart Stores Inc is cutting prices on high-definition TVs ahead of the U.S. Super Bowl championship game, looking to entice shoppers to spend now that the holiday season has ended.

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Walmart, others cut TV prices in Super Bowl run-up

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Special Report: World Economic Forum

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Davos Movers and Shakers

Wary of irking the biggest growth market, power brokers talk about ‘Avatar’ and social media but steer clear of the touchiest tech topic

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At Davos, CEOs Dare Not Speak of Google-China

NEW YORK (Reuters) – Stocks retreated to near breakeven in choppy trade on Friday, paring earlier strong gains as worries about fiscal troubles buffeting Europe offset reassuring reports on the economy.

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Stocks falter as fiscal worry offsets data

Policy makers pushed back at bankers who have warned of excessive and uncoordinated attempts to toughen financial regulation as they jostled for control of an industry that required an unprecedented government bailout.

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Policy Makers, Bankers Square Off in Davos