|
|
Monday, June 30
Harteis Biznet Economic News -Oil hits record over $143 on Iran-Israel tensions
by
maba
on Mon 30 Jun 2008 10:00 PM EDT
Fred Harteis Economic News - - Oil prices hit a record high above $143 a barrel on Monday as mounting tensions between Iran and Israel stirred supply concerns.
U.S. crude was up 65 cents at $140.86 a barrel by 1:30 p.m. EDT, as weak U.S. oil demand pulled prices off a record high $143.67 hit earlier. London Brent crude gained 57 cents to trade at $140.88 a barrel.
The U.S. Energy Information Administration revised downward U.S. April oil demand by 863,000 barrels per day to 19.77 million bpd ... more »
Friday, June 27
Fred Harteis News Articles - Protect yourself from a slow economy
by
maba
on Fri 27 Jun 2008 11:00 PM EDT
Fred Harteis News Articles - You've been hearing about how bad the economy is recently. But no matter how bad the news may get, there are some things you can do to insulate yourself from the slowing economy.
Put your rebate to work
Uncle Sam is going to be mailing out rebate checks in May.
If the last two digits of your Social Security number are in the lower digits, you'll be getting your check sooner. And retailers are salivating.
Some states are considering sales-tax holidays for ... more »
Wednesday, June 25
Harteis Biznet Economic News - Exxon Valdez $2.5 billion oil spill ruling overturned
by
maba
on Wed 25 Jun 2008 10:00 PM EDT
Fred Harteis Economic News - The U.S. Supreme Court on Wednesday threw out the record $2.5 billion in punitive damages that Exxon Mobil Corp had been ordered to pay for the 1989 Exxon Valdez oil spill off Alaska, the nation's worst tanker spill.
By a 5-3 vote, the high court ruled that the punitive damages award should be slashed -- limited by the circumstances of the case to an amount equal to the total relevant compensatory damages of $507.5 million.
The justices overturned a ruling by a U.S. ... more »
Monday, June 23
Harteis Biznet News Articles -United Airlines to lay off 950 pilots
by
maba
on Mon 23 Jun 2008 10:14 PM EDT
Fred Harteis News Articles - UAL Corp, parent of United Airlines, said on Monday it plans to lay off 950 pilots as it prepares to cut domestic capacity to offset soaring fuel prices.
"As we reduce the size of our fleet and take actions companywide to enable United to compete in an environment of record fuel prices, we must take the difficult but necessary step to reduce the number of people we have to run our business," the No. 2 U.S. carrier said in a statement.
The ... more »
Saturday, June 21
Harteis Biznet News Articles - Households Forced to Budget Money
by
maba
on Sat 21 Jun 2008 03:09 PM EDT
Fred Harteis News Articles - After years of living large, U.S. households are finally learning what financial experts thought they never would: to live within their means.
Economists have long warned that the U.S. consumer was on an unsustainable spending frenzy and that savings rates were dangerously low. Now, families are being forced into financial responsibility by the housing downturn and a weakening economy.
"For many years people on Wall Street have refused to believe that American consumers could ever change their spending habits," said David Rosenberg, ... more »
Thursday, June 19
Harteis Biznet News Articles- Economy limping along, leading indicators show
by
maba
on Thu 19 Jun 2008 10:00 PM EDT
Fred Harteis News Article - economy, hobbled by higher fuel and food prices, tighter credit and a depressed housing market, is limping along at a snail's pace, a private business group said Thursday.
Separately, the number of newly laid-off workers filing for unemployment benefits remained at worrisomely high levels, even as it dropped slightly last week.
The New York-based Conference Board said Thursday its economic indicators rose 0.1 percent in May, matching expectations of economists surveyed by Thomson/IFR. The increase in the indicators, a measure of future economic ... more »
Tuesday, June 17
Harteis Biznet Economic News -AIG's new chief reaches out to former CEO Greenberg
by
maba
on Tue 17 Jun 2008 10:00 PM EDT
Fred Harteis Economic News - American International Group Inc Chairman Robert Willumstad said one of the first things he did after being named chief executive was to reach out to former CEO Maurice Greenberg, a large AIG shareholder who has had an acrimonious relationship with the insurer since leaving three years ago.
The move was the first of many steps that Willumstad has vowed to take after being installed as chief executive late on Sunday, as he faces the daunting task of returning the 89-year-old insurer to profitability ... more »
Sunday, June 15
Fred Harteis News Articles - Jobs with Satisfying Pay
by
maba
on Sun 15 Jun 2008 02:00 PM EDT
Fred Harteis News Articles - If the average person works 40 hours a week and 50 weeks per year, that's 2,000 hours per year. At $50 per hour, you'd be making $100,000 before taxes. Here are some of the most searched jobs in that salary range.
Captain/Pilot in Command (Large Jet)
Median Salary: $50.91
Job Description: Ensures that trip of assigned flight (aircraft larger than 12,500 pounds at takeoff) is conducted in the safest manner possible. Determines flight routes, speed and takeoff and landing times to fulfill scheduling ... more »
Friday, June 13
Fred Harteis News Articles - How to battle credit card fees
by
maba
on Fri 13 Jun 2008 09:00 PM EDT
Fred Harteis News Articles - Congress is holding hearings on legislation that aims to reform credit card industry abuses. While consumers may not see protections anytime soon, here are some top tips on how you can fight back now against credit card fees.
Watch your interest rate
Credit card companies reserve the right to change your interest rate at any time and for any reason.
If you make a late payment or go over your limit, your credit card interest rate could skyrocket to over 32%. And despite ... more »
Wednesday, June 11
Harteis Biznet Economic News- U.S. raises oil price forecast 12 pct on tight supply
by
maba
on Wed 11 Jun 2008 10:00 PM EDT
Fred Harteis Economic News - The U.S. government's top energy forecaster on Tuesday raised its projections for 2008 oil prices by nearly 12 percent as oil supplies from key projects in Russia, Norway, Mexico and Brazil failed to relieve tight supplies despite a slowdown in demand growth.
In its monthly oil market report, the U.S Energy Information Administration -- the statistical arm of the Energy Department -- said benchmark West Texas Intermediate oil prices would average $122.15 a barrel, up from its previous forecast of $109.53 a barrel.
... more »
Monday, June 9
Fred Harteis News Article - OPEC sees no need to pump more after price surge
by
maba
on Mon 09 Jun 2008 10:00 PM EDT
Fred Harteis News Article - OPEC members saw no need on Sunday to pump more oil in response to last week's double-digit surge in oil prices to over $139 a barrel that top exporter Saudi Arabia described as unjustified.
More pain was coming for consuming economies hurting from record fuel costs as prices were likely to climb further, officials from the Organization of the Petroleum Exporting Countries (OPEC) said.
Oil soared more than $16 a barrel - over 13 percent - in a two-day rally on Thursday ... more »
Saturday, June 7
Fred Harteis News Articles -8 "Hidden"Taxes You're Paying Every Day
by
maba
on Sat 07 Jun 2008 03:24 PM EDT
Fred Harteis News Articles - Consumers pay hundreds of billions of dollars in "hidden" taxes each year. It's estimated that our federal income tax represents less than HALF of the taxes we pay each year.
No. 1: Gasoline Tax
You probably already knew that such a tax existed, but you probably didn't realize how steep a tax it actually is. Next time you fork over big bucks at the pump, remember that you are paying nearly 46 cents per gallon in federal, state and local taxes. That's nearly 15% ... more »
Thursday, June 5
Fred Harteis Economic News- Verizon Wireless to buy Alltel in $28.1 billion deal
by
maba
on Thu 05 Jun 2008 08:00 PM EDT
Fred Harteis Economic News - Verizon Wireless said on Thursday it would buy rural mobile phone service provider Alltel Corp for $28.1 billion including debt, which would vault it to first place in the U.S. market ahead of AT&T Inc.
Under the deal, Verizon Wireless would acquire the equity of Alltel for $5.9 billion and take on an estimated $22.2 billion in debt, incurred when Alltel was taken private in November in a leveraged buyout by TPG Capital and Goldman Sachs Group Inc's GS Capital Partners.
Shares ... more »
Tuesday, June 3
Fred Harteis News Articles - Top 10 Jobs in the Administrative and Clerical Field
by
maba
on Tue 03 Jun 2008 10:00 PM EDT
Fred Harteis News Articles - While some people jot their grocery lists down on scrap paper, you have an Excel spreadsheet you update and organize into food groups. A born record-keeper, you keep files on everything from bank statements to holiday cards, and everything you can stock, shelve or stack is categorized by name, number, size or color.
Perhaps you should channel your knack for neatness into a job in the administrative or clerical field. Each of the following jobs will have numerous opportunities for workers ... more »
Sunday, June 1
Harteis Biznet News Articles - Sharper Image stores to be closed and liquidated
by
maba
on Sun 01 Jun 2008 09:02 PM EDT
Fred Harteis News Articles - All remaining stores of bankrupt gadget retailer Sharper Image Corp will be closed and liquidated, its new owners said on Sunday.
More than $50 million of inventory is being sold at 86 Sharper Image store-closing sales throughout the United States, liquidators the Hilco Organization and Gordon Brothers said in a statement.
A joint venture led by units of Hilco and Gordon Brothers purchased the company's assets at a bankruptcy auction last week for $49 million, and plan to continue its wholesale, direct-to-retail, ... more »
|
|
