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Carlos Slim tops Bill Gates as world's richest man
Forbes magazine released its annual list of the world's richest people Wednesday, and for only the second time since 1995, Microsoft founder Bill Gates' name was not at the top.
Wednesday, March 10, 2010
Twitter users not so social after all
Twitter may be a fast-growing social network, but most of its 50 million accounts merely follow other users rather than posting their own messages.
Wednesday, March 10, 2010
Jobless claims bill OK'd by Senate
The Senate on Wednesday approved a wide-ranging bill that would push back the deadline to file for extended unemployment insurance until year-end and extends dozens of expired tax breaks.
Wednesday, March 10, 2010
Record monthly deficit for U.S.: $221 billion
The United States dropped a record $220.9 billion further into the red in February, the Treasury Department reported Wednesday.
Wednesday, March 10, 2010
Airline stocks take off
Airline stocks rallied Wednesday, riding a wave of investor sentiment that 2010 is shaping into a profitable year for the industry, experts say.
Wednesday, March 10, 2010
Royal Dutch Shell halts gasoline sales to Iran
Royal Dutch Shell has stopped selling gasoline to Iran, the company confirmed Wednesday, adding to a list of oil giants that have stopped sales after a threat of future U.S. sanctions.
Wednesday, March 10, 2010
Welcome to the United States of Iceland
It's time to start paying attention to the financial sinkhole that Iceland is trying to climb out of -- the view from inside of it is eerily similar to our own.
Wednesday, March 10, 2010
Medical bills: Knowing what to avoid
For people who have health insurance, the level of fine print is rising along with the costs.
Wednesday, March 10, 2010
Citi, AIG, Fannie and Freddie: The Not Fab 4
Investors had a funny way of commemorating the first anniversary of the market's bottom on Tuesday. They rewarded some of the stocks responsible for most of the problems in the first place.
Wednesday, March 10, 2010
Treasurys dip as $21B auction sees big demand
Treasurys traded lower Wednesday as stocks advanced slightly and a government auction of $21 billion in 10-year notes generated strong demand.
Wednesday, March 10, 2010
Can the Toyota Way survive Toyota's ways?
In the 1950s, a Toyota engineer named Taiichi Ohno, just back from visiting the United States, where he was wowed by its supermarkets, began to think about how he could use what he saw as a way to run a factory. He obsessed over the idea of eliminating waste, of avoiding inventory buildup, of empowering workers to follow instructions meticulously and of aiming to continually improve.
Wednesday, March 10, 2010
Younger people have trouble getting credit
Getting credit? Not easy in this market. But it's even more difficult if you're between the ages of 22 and 34 according to a new survey.
Wednesday, March 10, 2010
Oil rises after inventory report
Oil prices rose Wednesday as the government's weekly inventory report showed a smaller than expected increase in oil supplies and a dip in gasoline inventory.
Wednesday, March 10, 2010
State unemployment picture brightens
A total of 30 states and Washington, D.C., reported rising unemployment rates in January, down from the number in the previous month, according to a government report released Wednesday.
Wednesday, March 10, 2010
CEO departures highest since Sept. 2008
The number of chief executives who left their posts surged in February to the highest level since September 2008, when the economy was rocked by the financial crisis.
Wednesday, March 10, 2010
Dollar seesaws
The dollar was mixed against major currencies Wednesday, rising against the yen and pound but giving up gains versus the euro.
Wednesday, March 10, 2010
Stocks post modest gains
Stocks rose Wednesday, with the Nasdaq ending at its highest level in more than 18 months, on strength in the financial services sector and an upbeat report on wholesale inventories.
Wednesday, March 10, 2010
Forget Toyota. Chrysler's got the most problems.
The car company that is off to the worst start of 2010 isn't Toyota. It's Chrysler Group.
Wednesday, March 10, 2010
The wrong way to pick funds
Photographer friends tell me that if you're picking out a point-and-shoot camera you shouldn't focus much on the megapixels. That measure of a camera's resolution is hyped by manufacturers, but most cameras on the market give you all the pixels you'll need.
Wednesday, March 10, 2010
BofA to scrap overdraft fees on debit purchases
Bank of America said Wednesday that it plans to ditch overdraft fees on debit card purchases this summer.
Wednesday, March 10, 2010
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