Business / Tags / Government

+7
Interesting
100% Credible

Answer Desk: Gas tax 'holiday' a bad idea

BUSINESS / NEWS Mon May 5, 2008 @ 8:17am neoform
MSNBC -- With two of the three presidential candidates proposing a gasoline tax “holiday,” some readers are wondering: Why can’t the government do more to cut gas prices? If the feds can help with cutting interest rates why can't they do something that re.. Read More
+7
Interesting
100% Credible

India Wants to Eavesdrop on BlackBerrys

BUSINESS / NEWS Tue Apr 1, 2008 @ 8:22am neoform
BusinessWeek -- Due to terrorism fears, the Indian government demands access to calls and e-mails from every BlackBerry in the country BlackBerry users, beware of the snoops. On Mar. 28, India's Telecommunications Dept. told telecom carriers, Internet service provider.. Read More
+8
Interesting
100% Credible

Venezuela-Exxon rift deepens

BUSINESS / NEWS Fri Feb 15, 2008 @ 8:19am neoform
BBC News -- The Venezuelan government has accused US oil giant Exxon Mobil of exaggerating the value of the company's former investments in the country. Exxon is seeking $12bn (�6.1bn) in compensation from Venezuela's state energy group, PDVSA, after its interes.. Read More
+8
Interesting
90% Credible

Nigeria to refile suit against U.S. drug giant Pfizer

BUSINESS / NEWS Fri Jul 20, 2007 @ 11:24am neoform
CNN -- Nigerian government lawyers withdrew a $7 billion civil lawsuit against Pfizer Inc. on Friday, saying they have discovered new material and plan to file what they called an even stronger case against the U.S. drug maker. The government has accused Pfizer.. Read More
+7
Important
80% Credible

Chinese Stocks Plunge 8.3 Percent

BUSINESS / NEWS Mon Jun 4, 2007 @ 12:38pm neoform
FOX News -- Chinese stocks plunged Monday following government efforts to cool a market boom, recording their biggest one-day drop since a late February drop that triggered a global market sell-off. The benchmark Shanghai Composite Index tumbled 8.3 percent to 3,6.. Read More
+7
Interesting
90% Credible

Chinese Shares Plunge After Government Raises Trading Tax

BUSINESS / NEWS Wed May 30, 2007 @ 8:30am neoform
FOX News -- Chinese stocks plunged Wednesday after the government raised a tax on share trades, trying to cool a market boom amid growing concerns about a possible bubble. The main Shanghai Composite Index tumbled 6.5 percent at 4,071.27 after hitting a record hig.. Read More
+11
Insightful
100% Credible

Haliburton's Move to Dubai - Trading With The Enemy

BUSINESS / OPINION Tue Mar 13, 2007 @ 8:34am neoform
Forbes -- If you want to get round export controls, just sell the product to a front company in Dubai. The middlemen will take it from there. On paper the shipment was harmless enough. Sixty-six American-made spark gaps--high-speed electrical switches used in medi.. Read More
+12
Interesting
80% Credible

Chavez moves on telecoms company

BUSINESS / NEWS Tue Feb 13, 2007 @ 9:32am mrmdc
BBC News -- Venezuela's government has bought 28.5% of the country's top telecoms company CANTV, which President Hugo Chavez has accused of spying on him. The stake was bought from US-based Verizon Communications for $572m (£295m), more than $100m less than was o.. Read More
+8
Interesting
100% Credible

Wal-Mart, unions unite on health care

BUSINESS / NEWS Wed Feb 7, 2007 @ 12:56pm mrmdc
Yahoo News -- Executives from Wal-Mart and three other major U.S. employers on Wednesday joined hands with union leaders in setting a goal of providing "quality, affordable" health care for every American by 2012... Read More
+2
Under Rated
100% Credible

Report: Halliburton Unit Exploited Rules

BUSINESS / NEWS Fri Oct 27, 2006 @ 9:16pm neoform
MSN Money Central -- The Halliburton subsidiary that provides food, shelter and other logistics to U.S. troops in Iraq and Afghanistan exploited federal regulations to hide details on its contract performance, according to a report released Friday... Read More
+1
Under Rated

Global stocks plunge after Bear Stearns news

BUSINESS / NEWS Mon Mar 17, 2008 @ 8:21am neoform
MSNBC -- Global markets plunged Monday on news that JPMorgan Chase, backed by the U.S. government, had to rescue troubled Bear Stearns, with investors struggling to gauge how much worse financial markets could get. Oil prices hit a record in Asian trading, U.S... Read More
+1
Under Rated

Mortgage relief plan falling short

BUSINESS / NEWS Thu Mar 13, 2008 @ 8:20am neoform
MSNBC -- The government’s flagship program to give struggling homeowners relief from overwhelming mortgage payments has left hundreds if not thousands of callers frustrated by long wait times, lack of follow-up and relatively minor loan modifications that have f.. Read More
+1
Under Rated

Cuba Under the Other Castro

BUSINESS / NEWS Mon Feb 25, 2008 @ 8:18am neoform
BusinessWeek -- Raúl is officially named President, and he promises economic and government reforms, but insists the socialist regime will not give way to democracy Cuba's National Assembly on Feb. 24 selected Raúl Castro, 76, as the new President of Cuba, marking t.. Read More
+1
Under Rated

How much will I get from the stimulus plan?

BUSINESS / NEWS Mon Jan 28, 2008 @ 8:21am neoform
MSNBC -- Now that the dust has finally settled on the announcement that the government wants to spray tax rebates at consumers to get the economy humming again, the mailbox this week was full of variations on the same question: How much will I get? Like anything i.. Read More
+1
Under Rated

Rock's debt may be sold as bonds

BUSINESS / NEWS Thu Jan 10, 2008 @ 8:28am neoform
BBC News -- Goldman Sachs is endeavouring to convert the taxpayer loans to Northern Rock into bonds for sale to investors, the BBC has learned. Goldman is the investment bank advising on what to do about the approximately �26bn that has been lent by the Bank of.. Read More
+1
Under Rated

Paulson: Pact near for freeze on mortgages

BUSINESS / NEWS Tue Dec 4, 2007 @ 8:19am neoform
MSNBC -- A government proposal to freeze interest rates on millions of loans made to risky borrowers reflects political and financial realities of the housing market crisis, analysts say. Until now, President Bush favored government restraint. But with investor.. Read More
+1
Under Rated

Singapore's sizzling economy threatens competitiveness

BUSINESS / NEWS Tue Jun 19, 2007 @ 12:12am neoform
CNN -- Singapore's sizzling economy, set to expand as much as 7 percent this year, could prove a headache for the government as the city-state risks becoming less competitive than rival business centers such as Hong Kong. The labor market is tight, with deman.. Read More
+1
Under Rated

Europe down on bonds, 2-month lows

BUSINESS / NEWS Fri Jun 8, 2007 @ 8:12am neoform
CNN -- European shares hit their lowest in about two months on Friday, mirroring slides in riskier assets on concerns over the impact of higher interest rates and inflation as government bond yields rose. By 1055 GMT, the pan-European FTSEurofirst 300 index w.. Read More
+1
Under Rated

Tax fears knock Chinese shares

BUSINESS / NEWS Mon Jun 4, 2007 @ 8:21am neoform
BBC News -- The Chinese stock market closed more than 8% lower on concerns that the government is set to launch further measures to cool the economy. The benchmark composite Shanghai share index closed 330.34 points or 8.26% down at 3,670.40. Chinese shares wer.. Read More
+1
Under Rated

Changes Spurred Buying, Abuses

BUSINESS / NEWS Wed May 23, 2007 @ 8:14am neoform
Washington Post -- In February 2005, an auditor at the General Services Administration presented evidence to agency leaders that one of the government's top technology contractors was overcharging taxpayers. GSA auditor James M. Corcoran reported that Sun Microsystems ha.. Read More
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