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An Open Letter to the Federal Communications Commission and Federal Trade Commission

Marty Robins | Posted 12.03.2011 | Business
Marty Robins

Ladies and Gentlemen: You would be doing a great disservice to the US and its consumers if you approve the proposed merger between AT&T and T-Mobile...

Analysis: Cash-Strapped California Needs Investors To Finance Prison 'Realignment'

Posted 12.03.2011 | Business

SAN FRANCISCO (Reuters) - The Golden State may be ushering in a golden era for investing in jails. California's prisons ``realignment'' begins ...

Citibank To Impose $20 Fees On Some Customers

The Huffington Post | Bonnie Kavoussi | Posted 12.03.2011 | Business

Citibank will charge some customers up to $20 per month for low account balances starting later this year, according to a report in the Los Angeles Ti...

Less Than $5 Almost Costs Florida Resident Her Condo

The Huffington Post | Jillian Berman | Posted 12.03.2011 | Business

For one Florida resident, a fee of less than five dollars almost cost her a condo. Geeta Ramcharitar owed her condo association a past-due balance...

Famed Billionaire Soros Says He Sympathizes With Occupy Wall Street Protests

AP | Posted 12.03.2011 | Business

UNITED NATIONS -- Billionaire financier George Soros says he sympathizes with protesters speaking out against corporate greed in ongoing protests on W...

Krugman: U.S. Should Hold China Accountable For Undervaluing Currency

The New York Times | Paul Krugman | Posted 12.03.2011 | Business

The dire state of the world economy reflects destructive actions on the part of many players. Still, the fact that so many have behaved badly shouldn...

Piracy Costs Global Shipping Trade Billions

AP | By NIRMALA GEORGE | Posted 12.03.2011 | Business

NEW DELHI -- Piracy is costing the global shipping trade more than $9 billion a year, according to Indian ship owners, who on Monday demanded that the...

High Income Inequality Helped Early Societies Spread, Study Finds

The Huffington Post | Jillian Berman | Posted 12.02.2011 | Business

As political rhetoric surrounding "class warfare" heats up, a new study indicates that class stratification may help a society spread. The unequal...

GRAPHIC: How Americans Ranks Their Financial Concerns

Posted 11.30.2011 | Business

American discontent with government is at a more than 10-year high, according to a Pew Research Center survey conducted last month. Twenty-six percent...

Government Aims To Hold More People Responsible For Financial Crisis

The Huffington Post | Bonnie Kavoussi | Posted 11.30.2011 | Business

The federal government is trying to make it easier to hold people responsible for the financial crisis. The Securities and Exchange Commission (SEC...

Report: Kodak Weighing Bankruptcy

Posted 11.30.2011 | Business

Eastman Kodak Co is weighing a bankruptcy filing, reports Bloomberg. The company hired law firm Jones Day for restructuring advice, the Wall St...

Bank Of America Website Issues Continue [UPDATE]

AP | By CANDICE CHOI | Posted 11.30.2011 | Business

By Candice Choi The Associated Press NEW YORK (AP) -- Bank of America's homepage and online banking service were still experiencing problems Frida...

Poll: Majority Of Global Investors Back Buffett Rule

Posted 11.30.2011 | Business

The majority of global investors support boosting taxes on households earning at least $1 million, according to a Bloomberg poll released Friday. ...

SEC Finds 'Apparent Failures' At 10 Credit Rating Agencies

Posted 11.30.2011 | Business

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission staff found "apparent failures" at each of the 10 credit rating agencies it exa...

Soros: Three Steps Necessary To Avoid Global Meltdown

Posted 11.30.2011 | Business

Policymakers have lost control of the economic crisis and financial markets are forcing the world into a depression, George Soros said on Friday, ...

Auto Sales Rose To The Highest Level Since April

Posted 11.30.2011 | Business

September U.S. auto sales are seen rising to their highest since April when the earthquake in Japan began to impact inventory and demand, but a we...

SEC On Ratings Agencies: 'We Are Looking Hard At Them,' Despite Legal Challenges

Posted 11.29.2011 | Business

WASHINGTON/NEW YORK (Reuters) - The Securities and Exchange Commission faces hurdles proving wrongdoing at credit-rating agencies, the agency's en...

Largest Group Of America's Poor Children Not White For First Time Ever

The Huffington Post | Jillian Berman | Posted 11.29.2011 | Business

The largest group of poor children isn’t white for the first time in U.S. history, according to a Pew report released Wednesday. There were 6.1 ...

Survey: Fewer CEOs Expecting To Hire In Next Six Months

AP | CHRISTOPHER S. RUGABER | Posted 11.29.2011 | Business

WASHINGTON — Only about one-third of chief executives of the nation's largest companies expect to hire or spend more in the next six months, dow...

10 Reasons Your Team Hates You (They Just Won't Say It to Your Face)

Mike Figliuolo | Posted 11.29.2011 | Business
Mike Figliuolo

Your team hates you. Really. They do. They hate their boss (you) but they just won't say so because they like getting paid. But when they go home at n...

Nokia Announces 'Painful, But Necessary' Job Cuts

AP | MATTI HUUHTANEN | Posted 11.29.2011 | Business

HELSINKI — Nokia Corp. on Thursday announced a further 3,500 job cuts by 2012 as it strives to save costs and restructure while its global marke...

Animated Video Chronicles Rise To Fame Of The 'Trader From Hell'

Posted 03.14.2014 | Business

Alesso Rastani’s fifteen minutes of fame aren’t quite over yet. The "independent trader" that told the BBC that he dreams of another recession...

The Business Of Divorce: Separating Can Be 'Painful,' 'Costly' For Small Businesses

Posted 11.28.2011 | Small Business

When Glenn Phillips went through a contentious divorce, his company unwittingly came along for the ride. Phillips, the founder of software cons...

Unemployment Dropped In Two-Thirds Of U.S. Cities In August

AP | CHRISTOPHER S. RUGABER | Posted 11.28.2011 | Business

WASHINGTON — Unemployment rates fell in roughly two-thirds of U.S. cities last month, despite zero job growth nationwide. The Labor Department ...

Poll: Majority Of GOP Voters Favor Raising Taxes On Wealthy

The Huffington Post | Jillian Berman | Posted 11.28.2011 | Business

Nearly three-quarters of Americans say they support President Barack Obama's proposal to tax households making $1 million or more at the same or highe...