North Carolina Daily
NorthCarolinaDaily.com Wednesday 8th September 2010 Issue 8/3604
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Obama says business investment tax breaks are on his listObama says business investment tax breaks are on his list
President Obama is to call for business investment tax...


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Kia shakes up managementKia shakes up management
The management team at the Kia automobile headquarters in South Korea has undergone a change following recalls of popular makes of...
Human rights groups benefit from Soros moneyHuman rights groups benefit from Soros money
George Soros has given a fair chunk of his money to a human rights...
Pension plans upset French workers Pension plans upset French workers
French strikers have gone to war with the government over plans to extend the retirement...
Retirement a thing of the past say UK workersRetirement a thing of the past say UK workers
UK people believe retirement as it has been known is generally...
Pilots needed in busy Asian marketPilots needed in busy Asian market
An increase in Asian travel has seen a greater need for...
Lesser demand for British carsLesser demand for British cars
There has been a sharp decline in UK car...
Prius becomes top-selling car in JapanPrius becomes top-selling car in Japan
Toyota Prius has become the top-selling car in Japan for...
Key Asian interest rates put on holdKey Asian interest rates put on hold
The Australian central bank has left interest rates on hold at...
Oz players protest CA attempts to take their 10 percent IPL earnings
The Australian Cricketers Association has urged players to refuse to sign Cricket Australia contracts next year as a row has erupted over an attempt to take 10 per cent of their earnings from the Indian Premier...
HP sues ex-boss Hurd over Oracle move
Hewlett Packard sued its former boss Mark Hurd Tuesday for breach of confidentiality agreements a day after the highly-regarded executive was hired as president of rival Oracle, The Wall Street Journal...
Dollar falls to 15-year low against Japanese yen, trades at low 83-yen level
TOKYO - The U.S. dollar sank to a new 15-year low against the yen on Wednesday as investors continued to buy the Japanese currency as a safe haven for their money amid uncertainty about the global...
Analyst: Wall St. layoff wave coming in '11
Pink slips will be coming back into fashion next year on Wall Street, one banking analyst is forecasting. Meredith Whitney, whose reports trumpeting hard times for US banks were stunningly on target...
Elan's CEO attacks 'detractor' and two board members
a letter to shareholders attacking a dissident shareholder he terms a 'detractor' and he also rejects claims made by legal counsel of two board members of the Irish pharmaceuticals...
Former Hewlett-Packard CEO Hurd named co-president of Oracle Corp.
Oracle Corp. has hired former Hewlett-Packard Co. CEO Mark Hurd to help lead the database software maker in a pivotal moment in Oracle's 33-year history as it tries to move in on more of HP's...
Yen Rises to 15-Year High Versus Dollar Before Fed’s Beige Book
Sept. 8 (Bloomberg) -- The yen rose to a 15-year high against the dollar on speculation the Federal Reserve’s Beige Book business survey will add to evidence the U.S. economic recovery is...
Nomura Cuts 2011 Earnings Forecast for Japan on Yen
Sept. 8 (Bloomberg) -- Nomura Holdings Inc., Japan’s largest securities firm, cut its 2011 sales growth and profit estimates for the country’s companies because of the stronger...
Foster's rebuffs $2.5 bln offer for wine
* Shares jump 6 pct on hopes for higher bid (Adds wine earnings, valuations) By Victoria Thieberger MELBOURNE, Sept 8 (Reuters) - Foster's Group Ltd,Australia's largest brewer, has rejected a private...
Telstra To Increase Australian Dollar Issuance - Analysts
Dow Jones )- Telstra Corp. (TLS.AU) is seeking to increase its issuance of Australian dollar denominated debt, issuing in a range of maturities, according to analysts who attended a company briefing...
JGBs advance as yen rises on euro zone jitters
TOKYO, Sept 8 (Reuters) - Lead 10-year Japanese governmentbond futures rose on Wednesday as renewed concern about thehealth of European banks and the yen hovering near a 15-year peakto the dollar...
Oil falls for 3rd session as investors offload risk
By Alejandro Barbajosa SINGAPORE, Sept 8 (Reuters) - Oil fell for a third straightsession on Wednesday, with the U.S. benchmark depressed bybrimming petroleum stockpiles, as the dollar jumped and...
New Capital Buffer Rules To Have Limited Impact On Bank Lending - Report
Australia , a new report said Wednesday. While there is some merit to the theory of forcing banks to increase their liquidity holdings during good times in an effort to reduce risk in the banking...
REFILE-GLOBAL MARKETS-Asian shares slip; rising yen hits Nikkei
(Fixes typo in first paragraph) By Alex Richardson SINGAPORE, Sept 8 (Reuters) - Asian stocks fell onWednesday, with Japan's big exporters among the heaviest losersas a rise in the yen to a new...
REFILE-INTERVIEW-PIMCO plans up to five more equities strategies
(In Sept. 7 story, corrects first paragraph to ... offer four orfive ..., not four of five; also paragraph 6 to ... the assetmanager's first actively managed...) By Chikafumi Hodo TOKYO, Sept 7...
US Senator Reid sees "mopping up" lame-duck session
LAS VEGAS, (Reuters) - U.S. Senate Majority LeaderHarry Reid said Tuesday the Senate would return for a"mopping-up" session after the November congressional electionsand that he hoped to find support...
Sinopec Group To Sell CNY10 Billion 1-Year Bills Monday
China Petrochemical Corp., or Sinopec Group, said Wednesday it plans to sell CNY10 billion ($1.47 billion) worth of one-year bills on the interbank market Monday. Sinopec Group said in a statement it...
Vodafone Sold China Mobile Shares At HK$79.20, Bottom Of Range - Source
CHL ) at the bottom of a HK$79.20-HK$80.00 per share price range, a person familiar with the situation said Wednesday. The selling price represents a 3.4% discount...
Hong Kong Declines On China Mobile, Europe Fears
China Mobile Ltd. falling sharply on a report Vodafone Group is selling its 3.2% stake in the Chinese mobile-services giant. The Hang Seng Index fell 1% to 21,186.49, and the Hang...
Asian shares slip as rising yen hits Nikkei
SINGAPORE (Reuters) - Asian stocks fell on Wednesday, with Japan's big exporters among the heaviest losers as a rise in the yen to a new 15-year high threatens to erode their overseas...
Japan's intervention hints fail to stop yen rally
TOKYO (Reuters) - Japan's government sharpened its rhetoric on foreign exchange intervention on Wednesday as a rise in the yen to a 15-year high underlined concerns that the currency's strength could...
Foster's rebuffs $2.5 billion offer for wine
FGL.AX ), Australia's largest brewer, has rejected a private equity offer worth up to $2.5 billion for its wine unit as too cheap and plans to continue with the split of its beer and wine...
Report: BP probe to spread blame for spill
HOUSTON (Reuters) - BP Plc's internal probe of the deadly April 20 blowout that unleashed the massive Gulf of Mexico oil spill will assign blame to BP as well as other companies involved in the...
Dollar to maintain its dominance: China minister
XIAMEN, China (Reuters) - The dollar will remain the world's dominant currency for a long time, and the yuan will only gradually emerge as an alternative, Chinese Commerce Minister Chen Deming said...
No Tax Cut Extension for Wealthiest Americans
Obama and Tax Cuts President Obama has proposed extending tax cuts for individuals making less than $200,000. But the top two income tax rates would revert to higher levels. Anthony Mason...
A List of Booster Seats Reviewed by Safety Panel
The list of booster seats reviewed by the Insurance Institute for Highway Safety. The insurance industry group gave its top marks to 21 of 72 booster seats it evaluated for properly restraining...
Car Booster Seats Make Gains in Insurance Testing
Car booster seats have made strides in ensuring a proper fit for children in the back seat, according to a review by the insurance industry. The Insurance Institute for Highway Safety gave its top...
Most Asian Stocks Down on European Debt Worries
Most Asian stock markets slumped in early trading Wednesday, pressured by renewed concerns over the health of European banks following a report that the region's banks may have more risky government...
Explosion at Pemex Refinery Kills 1 in Mexico
An explosion at Mexico's third-largest refinery Tuesday killed one worker and injured 10, the state-run oil company said. The blast at the Cadereyta refinery outside the northeastern city of...
Most Asian stocks down on European debt worries
Most Asian stock markets slumped in early trading Wednesday, pressured by renewed concerns over the health of European banks following a report that the region's banks may have more risky government...
China's stocks open higher on overnight US stocks gains - Sept 2
/enpproperty--> BEIJING - China's stocks rose with the benchmark Shanghai Composite Index up 0.92 percent to open at 2,646.89 Thursday, driven by Wednesday's Wall Street rallies. The Shenzhen...
Gaylord farmer says his raw milk sanitary, safe
GAYLORD, MINN. - The rebel Minnesota dairy farmer at the heart of an E. coli outbreak linked to raw milk -- a controversial beverage that has sparked a nationwide food safety debate -- got his day in...
SEC targets Colorado man tied to Ponzi schemes
Federal regulators are seeking to punish a Colorado financial adviser burned in the Ponzi schemes of convicted swindlers Tom Petters and Bernard Madoff. Neal Greenberg, head of Agile Group in...
Makers of high-tech air monitor sniffed opportunity
When we last encountered Bryan Reichel 12 years ago, the company he founded, PureChoice Inc., had just introduced what was to become known as "the Nose," a high-tech sensor driven by the...
Child car booster seats show improvement, insurance industry finds
WASHINGTON - Car booster seats have made strides in ensuring a proper fit for children in the back seat, according to a review by the insurance industry. The Insurance Institute for Highway Safety...
Atalasoft Announces General Availability of Vizit Essential for SharePoint 2010 Universal Document Viewer for Microsoft SharePoint
Vizit viewer can visually search through SharePoint 2010 documents rapidly and effectively. Vizit enhances the SharePoint collaboration experience by enabling users to share documents without...
Governments need to go for world-class quality in their education systems says OECD; Total education spending in Ireland doubled in period 1995-2007
Governments need to go for world-class quality in their education systems says OECD; Total education spending in Ireland doubled in period 1995-2007 By Finfacts Team Sep 8, 2010 - 4:41:37 AM ...
Global Employment Outlook: Emerging markets lead recovery; 4Q outlook mixed in Europe; Irish hiring prospects negative but improving
Global Employment Outlook: Emerging markets lead recovery; 4Q outlook mixed in Europe; Irish hiring prospects negative but improving By Finfacts Team Sep 8, 2010 - 3:55:57 AM ...
Dr. Peter Morici: US Economy; More infrastructure, payroll tax holidays and mortgage aid won’t end jobs drought
Dr. Peter Morici: US Economy; More infrastructure, payroll tax holidays and mortgage aid won’t end jobs drought By Professor Peter Morici Sep 8, 2010 - 3:11:12 AM ...