March 10th, 2010
Apple Inc. CEO Steve Jobs has reportedly quashed the hopes of prospective iPad buyers who thought they might be able to access the Internet with the new devices using their iPhone data plan.
Swedish record producer Jezper Soderlund reports that he asked Jobs about the practice known as tethering in an e-mail:
"I'll keep it short.
I'm Jezper […]
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March 5th, 2010
Students can now pay their college loans and save with Sallie Mae.
The largest U.S. student loan company took its first steps into retail banking Tuesday with the launch of two new online savings accounts.
The Reston, Va.-based company said it will offer high-yield savings accounts with a 1.35% interest rate and certificates of deposit […]
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Filed under: money by Guru
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March 4th, 2010
Past may be no prologue for Treasury investors when Federal Reserve policy makers begin to withdraw their unprecedented monetary stimulus without raising interest rates.
For the first time since at least 1980, a change in monetary policy may mean the difference between short- and long-term Treasury yields will widen rather than narrow. The threat […]
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February 24th, 2010
Saving for a teenager’s retirement might sound far-fetched, especially with college costs looming. Who’s got time or money to be planning for the 2060s?
Yet setting up a Roth individual retirement account for your teen can be a smart and rewarding move to consider at tax time. You don’t have to be rich, either.
[…]
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February 19th, 2010
The fifth annual study of metro Denver’s ranking in seven industry clusters, released Thursday by the Metro Denver Economic Development Corp., concludes that the region offers a diversified economy and the nation’s second-most highly educated workforce.
The report, available here, was completed by the Patty Silverstein of Development Research Partners. It looks at seven major industries […]
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February 3rd, 2010
Canadian Finance Minister Jim Flaherty’s March 4 budget may include a stronger forecast for 2010 economic growth, a survey of analysts showed, giving him more scope to fight the country’s rising debt burden.
Canada’s economy will expand 2.7 percent in 2010, faster than the 2.3 percent projected in the September fiscal update, according to […]
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January 17th, 2010
Intel Corp. said Thursday that its fourth-quarter profit blew past expectations, confirming a rebound in the recession-battered personal computer market is underway.
Intel’s bright profit outlook for 2010 means the No. 1 maker of computer microprocessors sees a lasting recovery past the stellar fourth quarter — not an isolated holiday shopping blip.
[…]
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December 30th, 2009
Japan’s unemployment rate rose for the first time in four months in November, an indication job growth may not be strong enough to support the economy’s recovery from its deepest postwar recession.
The jobless rate climbed to 5.2 percent from 5.1 percent in October, the statistics bureau said today in Tokyo, matching the median […]
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December 25th, 2009
French drugmaker Sanofi-Aventis SA said Monday that it plans to buy U.S. health care company Chattem Inc., maker of over-the-counter mainstays such as Gold Bond skin products, for $1.9 billion in cash.
The deal also gives Sanofi-Aventis a distribution path for its popular allergy drug Allegra, which it wants to switch from prescription-only […]
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December 23rd, 2009
WASHINGTON — Regulators on Friday shut down seven banks in six states, including Independent Bankers’ Bank, based in Springfield, Ill., and two large banks in California.
Regulators so far this year have shut down 140 banks.
The Federal Deposit Insurance Corp. on Friday took over the seven newly shuttered banks.
Independent Bankers’ Bank […]
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