Merkel suffers major setback in German state vote (via AFP) Chancellor Angela Merkel’s party suffered a severe defeat Sunday in a pivotal German state vote likely to award her main rivals a major boost in their bid to soften her austerity drive in Europe. Around 16 months before national elections, the snap poll in the…
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Allstate raising car insurance rates in Illinois – Chicago Tribune
by Newswires • • 0 Comments
BloombergAllstate raising car insurance rates in IllinoisChicago TribuneCrain's Chicago Business reports: Allstate Corp. plans to hike car insurance rates in Illinois by 3 percent to 5 percent, according to company filings with the Illinois Departm…
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WORLD FOREX: Euro Tumbles On Weak Europe, US Economic Data – Wall Street Journal
by Newswires • • 0 Comments
Moneycontrol.comWORLD FOREX: Euro Tumbles On Weak Europe, US Economic DataWall Street JournalBy Erin McCarthy Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–The euro tumbled against its main rivals Wednesday after a stream of disappointing economic data …
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Ford, GM sales skid as Chrysler, Toyota accelerate
by Lee Adler • • 0 Comments
Ford, GM sales skid as Chrysler, Toyota accelerate (via AFP) General Motors and Ford saw their US sales skid in April as rivals Chrysler, Toyota and Volkswagen posted strong gains, industry data showed Tuesday. Total industry sales rose 2.3 percent from a year ago, while the sales pace was unchanged from March at a seasonally…
William Black
The New York Times’ Ode to Foxconn and Anti-Employee Control Fraud
by New Economic Perspectives • • 0 Comments
By William K. BlackI wrote recently about Apple’s release ofinformation from its “audits” of its major suppliers. Apple constructed the release to deny thepublic information on the identity of the suppliers that defrauded andendangered the …
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Blankfein’s Big Bonus
by a Wall Street Examiner • • 0 Comments
NEW YORK — Lloyd Blankfein, the CEO of Goldman Sachs Group Inc., saw his 2010 compensation rise to $14.1 million from just over $1 million in 2009, according to an Associated Press analysis of data filed with regulators on Friday.
Blankfein rec…
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Group Coupon Website Getting Bubblicious
by a Wall Street Examiner • • 0 Comments
LOL the buzz about the group coupon sites is getting ridiculous, and some of the deals I’m see is starting to remind me of tactics used in dot.com bubble. For example livingsocial.com today’s deal is a $20 AMZN giftcard for $10. ( https://livingsocia…
