Friday, February 27, 2009

Warner's wife has new look in return to limelightRead full story for latest details.

Ex-heavyweight champ Johansson dead at 76Read full story for latest details.

Wednesday, February 25, 2009

Nadal downs Verdasco in five setsRead full story for latest details.

Source: McNamee's syringes, vials at UCLA labRead full story for latest details.

Monday, February 23, 2009

Big Ben feeling finePeter King checks in from Steelers' practice, where the buzz was on Ben Roethlisberger's injured ribs. Turns out the quarterback looks prepared for Sunday.

Don Banks: Saints coach Payton breaks down Super BowlIn his Super Bowl breakdown with Don Banks, Saints coach and noted offensive guru Sean Payton expects the Steelers' D to stifle the high-flying Cardinals.

Saturday, February 21, 2009

Your new and improved FICO scoreFair Isaac - they're the company that develops the formula that determines your FICO credit score - is rolling out a new version FICO 08 with the credit bureau TransUnion.
Citi Field or Bailout Ballpark?The government forced Citigroup to cancel its order for a brand new million corporate jet. Now, two Congressmen are hoping that the Obama administration will convince the beleaguered bank to scrap its naming rights deal with the New York Mets.

Thursday, February 19, 2009

Oil up on labor contract concernsOil prices rose Friday as the possibility of an oil workers' strike in the United States weighed on investors.
Slim chance of a turnaround in 2009At first glance, the fourth-quarter GDP report released earlier today produced a moderate surprise in that it didn't show a contraction quite as deep as had generally been expected by most private economists. The so-called consensus forecast, based on various surveys, had been looking for a decline of around 5.5%. However, there is little overall reason to cheer simply because the economy contracted at a rate of "only" 3.8% last quarter (following a 0.5% decline in the third quarter), according to the Commerce Department's preliminary calculations.

Tuesday, February 17, 2009

Job cuts exceed 100,000 for the weekIn a brutal week for the job market, an assortment of companies across various industries announced more than 100,000 job cuts.
Senator: Cap pay at $400K for Wall Street 'idiots'One day after President Barack Obama ripped Wall Street executives for their "shameful" decision to hand out billion in bonuses in 2008, Congress may finally have had enough.

Sunday, February 15, 2009

Gold jumps as economy faltersThe price of gold continued to climb Friday after a bout of grim economic news increased the precious metal's safe-haven appeal.
Meredith Whitney to banks: Deal with itBanks are looking for a second chance to dump some toxic waste from their balance sheets on the hope that the Obama administration will set up a "bad bank" to buy massive amounts of their troubled assets.

Thursday, February 12, 2009

Stimulus: And now a Senate fightPresident Obama faces a tough week: In addition to possibly unveiling a new bank and housing bailout, the Senate will take up its version of the economic stimulus package.
Ugly end to brutal month for banksBank stocks took a nosedive Friday, as investors worried about dour economic data and questions about how soon aid for the financial sector will arrive.

Tuesday, February 10, 2009

Davos divided on how to fix Wall StreetOne of the more repeated comments heard in the after hours chatter in the salons of Davos was that no one from the financial industry has actually apologized for the mess they've created in the global financial system.
$4B shortfall - NYC may cut 23,000 jobsThe Big Apple will have to tighten its belt as the city that leans heavily on Wall Street's profits is expected to suffer a dramatic decrease in tax revenues in coming years.

Sunday, February 8, 2009

Who needs a big raise? SEC staffersHere's a simple idea to prevent Wall Street meltdowns from happening again in the future, brought to you courtesy of the World Economic Forum in Davos: Start paying regulators much, much better.
New York - the next housing bust?The Masters of the Universe have been dethroned. Now the question is just how much Wall Street's meltdown is going to hurt the city of New York and, by extension, its high-priced housing market.

Friday, February 6, 2009

For sale: Championship sports blingWhether Kurt Warner's Cardinals or Ben Roethlisberger's Steelers win the Super Bowl on Sunday is up for grabs. One thing is certain, however: The winners will get some serious bling. Per tradition, members of NFL and other professional and college championship teams get a big, diamond-encrusted ring commemorating their victory a few months after the big game. But in this dismal economy, will they keep it or sell it?
Don't worry, be happyEvery now and then my natural talent for the evasion of unpleasant duties fails me. So it was that recently I found myself in a hotel chair, to my right some guy with dandruff and a Bluetooth in his ear, to my left his clone, listening to an analyst who works for a failing financial institution grill a variety of senior officers about the state of their businesses in this pesky economy of ours.

Tuesday, February 3, 2009

AT&T chief gives up bonusRead full story for latest details.
Three regional banks failThree regional banks were closed Friday, bringing the total number of failed banks this month to six, as the financial crisis continues to take a toll on small banks nationwide.

Sunday, February 1, 2009

California's cash crunch: IOUs comingThe world's eighth largest county is on the verge of issuing IOUs.
Daschle's tax records under fireThe Senate Finance committee will meet Monday to review the tax records of former Sen. Tom Daschle, President Barack Obama's nominee for secretary of Health and Human Services who, according to sources, didn't pay taxes on a car and driver he had been loaned.