Job News From: Forbes

Forbes.com: Business News

Mexico's Peso May Face Upward Pressure An increased benchmark interest rate could force the peso to appreciate further. The Man Behind The Obama Show It's Ricky Kirshner's job to make sure the Democrat's big party comes off right. Is Content King Once More? While social networks grab the limelight, small media sites are attracting buyers. Looking For Energy, Google Goes Geothermal Google.org announces it will help find ways to tap the heat under the earth's surface. Regional Banks May Need Federal Rescue U.S. regulators expected to step in if situation worsens and a bailout becomes necessary.

Job News From: Yahoo! Business

Yahoo! News: Business Wed, 20 Aug 2008 09:00:30 GMT

BAA must sell 3 airports (Reuters) Reuters - Spanish builder Ferrovial must sell three of the seven British airports it bought for 10 billion pounds ($18 billion) two years ago under a tougher-than-expected ruling on Wednesday. LandCap JV to buy Wachovia loans: report (Reuters) Reuters - A joint venture created by LandCap Partners is buying $40 million of troubled land and construction loans from Wachovia Corp The Wall Street Journal said. Murdoch's pay falls to $27.5 million in 2008 (Reuters) Reuters - News Corp (NWSa.N) Chief Executive Rupert Murdoch's total compensation for 2008 fell 14 percent to about $27.5 million, the company said in a regulatory filing. EBay lowering fixed-price sellers' listing fees (Reuters) Reuters - EBay Inc is cutting the fees U.S. sellers on its site pay for fixed-price items, in one of the company's boldest moves this year to boost merchandise for sale, lure new buyers and take on competitors. Oil climbs to $115 a barrel on lower dollar (Reuters) Reuters - Oil prices extended gains to $115 a barrel on Wednesday, after a lower U.S. dollar rekindled buying in oil and other commodities. Cox: SEC to propose short sale rule in weeks (Reuters) Reuters - The top U.S. securities regulator plans to propose a new short selling rule in the next few weeks which would be broader than an emergency order covering just 19 financial stocks which ended last week. Russia 'makes 1 bln dlrs' on Fannie Mae, Freddie Mac bonds: reports (AFP) AFP - Investments in the bonds of struggling US home-loan financers Fannie Mae and Freddie Mac have earned Russia more than a billion dollars in the past six months, press reports said Tuesday. 2Q profit reports from retailers show more strain (AP) AP - From affluent shoppers at Saks to bargain-hunters at Target, from Home Depot to office supplier Staples, consumers are pulling back and that's hurting retailers and raising more concerns about how they'll do the rest of the year.

Job News From: NPR

NPR Topics: Business Wed, 20 Aug 2008 10:50:00 -0400

Crowd Sourcing Turns Business On Its HeadWhat happens when a company lets customers design and vote on their own products? Some Web-based outfits are finding success by doing just that. And the new business model is really catching on. High-End Stores Share Discount Retailers' WoesRenee Montagne has this morning's business news. Calif. Requires Hybrid Cars To Make Some NoiseSteve Inskeep has today's Last Word in business Soaring Food Prices Threaten ProgressFood prices around the world have hit record highs — and that's starting to take a toll. For example, some experts worry those left hungry in Ethiopia will suffer permanent physical and mental disabilities, such as chronic illness and lower IQ. How To Know If You're RichPastor Rick Warren asked both presidential candidates about their definition of "rich" this weekend. They gave very different answers. Jared Bernstein of the Economic Policy Institute offers his definition of rich, middle class and upper middle class. Fannie And Freddie Still ShakingAfter a bail-out last month, the government-sponsored companies are still on unsteady ground. The director of macroeconomics at Moody's Economy.com examines what trouble for Fannie and Freddie means for the economy. 'Marketplace' Report: Inflation SurgesThe Labor Department reports that prices at the wholesale level shot up 1.2 percent in July — the hottest inflation since 1981. The federal government blames rising energy motor vehicles costs, among other matters. Should Babies Get Own Plane Section?10,000 people voted to create a separate section for parents with babies and small children on the bargain fare Web site, Airfare Watchdog.com. The Web site's creator discusses the feasibility of such an idea. Tax Credit For First-Time Home BuyersCongress just passed the Housing Act, authorizing a tax credit of up to $7,500 for certain first-time home buyers. Our personal finance contributor says consumers need to be careful when signing up. Send Your Back-To-School Saving TipsHow are you economizing during the back to school shopping season? We want all your creative ideas. The EcononautWhat does "producer price index" mean? Adam Davidson, NPR's economics reporter explains. Calif. Home Sales Up Amid Drastic Price CutsThe number of home sales is finally increasing in Southern California, one of the hardest-hit areas. The bad news is that about half of the homes were sold as part of foreclosure proceedings, and it appears that many homes finally moved because of drastic price reductions. Banking, Housing Worries Drive Down StocksOil prices were down again Tuesday — about a dollar a barrel — despite concerns about Tropical Storm Fay in the Gulf of Mexico. But the oil news was overshadowed by the financial markets, where concern about banking and housing were driving stocks lower. Grim Anniversary: Credit Crunch Is 1 Year OldIt was a year ago this week that the global credit crunch began. The mortgage business was struggling with steep losses, and the troubles were spreading throughout the credit markets. Since then, the economy has ground almost to a halt. How much has changed in a year and what's been learned? Shares Of Fannie, Freddie Hit 20-Year LowStock in Fannie Mae and Freddie Mac took a beating Monday on Wall Street. Investors are growing increasingly worried about the need for a government bailout.