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Labour postpones non-dom funding ban
Much-touted legislation is dropped until after a general electionA much-publicised law designed to stop wealthy tax exiles bankrolling political parties has been quietly dropped until after a general election, the Observer has learned. The disclosure means that key Labour donors such as Lakshmi Mittal as well as Tory donor Lord Ashcroft will still be able to pump millions of pounds into the forthcoming election campaign, despite promises to curb the influence of wealthy backers. It has prompted accusations that the government has 'nobbled' an act of parliament by failing to ask the electoral commission to enforce the rule. Lord Oakeshott, the Liberal Democrat treasury spokesman, said he suspected Labour had abandoned its principled stand of just a few weeks ago because of concerns that the party cannot fight a cut-price general election against cash-rich Tories. 'To support an important piece of legislation stopping this underhand practice and not bring it in before a general election
Guardian

Qtel signs agreement with Doha Bank
QATAR. QATAR. Two of Qatar's have signed an agreement to provide specialised support for Qatar's Small and Medium Enterprises, through an innovative business solution initiative.
Business Intelligence Middle East

House Republicans unveil $700B health care plan
House Republicans on Wednesday unveiled a $700 billion health care plan that would offer tax credits to help people buy insurance, yet unlike Democratic proposals, wouldn't require either individuals or employers to get coverage.
Topix.net

SAVO Recognized For Exemplary Workplace Practices
The winners of the Alfred P. Sloan Awards for Business Excellence in Workplace Flexibility offer a unique picture of organizations that are finding this middle ground. 'From new forms of flexible...
Big News Network

The Boss: Have a Plan in Hand
The leader of an architectural and engineering firm says a professional services business doesn't succeed unless the client does.
New York Times

In Tennessee, Baking Pie With Stimulus Funds
Earlier this year, the unemployment rate in Tennessee's Perry County had skyrocketed to 27 percent. So Tennessee's portion of the stimulus package is going toward workers' wages at local businesses — like a bakery. Guy Raz talks with county mayor John Carroll.
NPR

Off the Shelf: Rescues Unlimited: Government as Wall Street's Enabler - NY Times: Business
In "Bailout Nation," Barry Ritholtz argues that the American financial system has been twisted beyond recognition by cynical bankers and Washington politicians.
NewsRack

Just When Africa's Luck Was Changing - International Herald Tribune: Business
Recent data has made it clear that Africa is being hit hard in the global recession as foreign investment funds are drying up.
NewsRack

Myers To Lead Alcoa's Wheel And Transportation Business
Myers To Lead Alcoa's Wheel And Transportation Business July 8, 2009 Alcoa announced that effective immediately Tim D. Myers, 43, has been named president, Alcoa Wheel and Transportation Products, with responsibility for forged wheels and aluminum
Mining.com

Banking Flap Strains U.S.-Switzerland Relations
Switzerland is famous for its banking laws that protect the identities of depositors. But the U.S. government is now trying to force Swiss banking giant UBS to name more than 50,000 Americans who have stashed money there. The IRS believes many owe billions of dollars in taxes. Guy Raz talks with Wall Street Journal reporter Carrick Mollenkamp.
NPR

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