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Concur cites 'downward pressure' on growth
Concur Technologies Inc. reported first-quarter net income rose to $5.8 million, or 11 cents per share, up from $3.4 million, or 7 cents per share a year earlier. (CNQR)
Bizjournals.com

What`s the best place for your money right now?
Linda Buechel wrote: For average people, it would have to be all of the above. Not listed, but very popular for big money seems to be something "offshore." If by lowering the repatriation tax, this country attracts company earnings thought to be as apple pie as Avon back here that could be good. But I question why we would have such a system that makes profits flee the country. It would be interesting to know if some of the "bailoutees" could have benefited from such a reduction and wouldn't need taxpayer money.Linda BuechelKenvil NJ Why aren't there laws that say the scummy "American" companies should not be able to keep their money elsewhere and thus AVOID taxes.Isn't that what Daschle just got into trouble for? For Republicans, not paying your taxes to pay for the huge US debt created by their party, is holy, and they pass laws that allow tax cheats to get away with it, at least for the superrich and their favorite greedy corpo
WSJ.com

Traders Bet Technology Rally Won`t Be a Long One
Several chip companies managed to climb higher Wednesday, but options traders appeared to be skeptical of a long-term rally.
WSJ.com

Patriot Energy Corporation: H2O Oxygenator Technology Receives Worldwide Recognition
MONTREAL, QUEBEC (MARKET WIRE) Patriot Energy Corporation (PINK SHEETS: PGYC) intends to market the H2O Oxygenator System to replace the catalytic converter which is currently the OEM (Original Equipment Manufacturer) standard, but is now believed to be a major producer of extreme green house gas emissions. The H2O Oxygenator System is more effective, cost efficient and proven through EPA and SAE (Environmental Protection Agency/Society of Automotive Engineers) to drastically reduce CO2 emissions.
Market Wire

Exigen Insurance Solutions: Exigen Insurance Solutions` Client Real Insurance Wins Celent Model Carrier 2009 Award for PAYD Innovation
SAN FRANCISCO, CA (MARKET WIRE) Exigen Insurance Solutions (www.exigeninsurance.com), the specialist in rapid implementation of new business initiatives and products for insurance, today announced that Celent, a leading research and advisory firm focused on insurance technology strategy, has awarded Exigen client Real Insurance, a division of Hollard Australia, a 2009 Model Carrier award for product innovation and speed to market of its world-first, 'trust-based' pay-as-you-drive (PAYD) product.
Marketwire.com

Cisco Earnings Reflect Drop in Corporate Spending
Cisco Systems joins a long list of technology suppliers suffering from a historic slump in corporate spending.
New York Times

Despite All the Law Firm Cuts, New Partners Continue to Appear
The number of newly minted partners at law firms has generally plummeted since last year -- an obvious bow to economic reality. But then how to explain that some firms have increased their number of new partners over their numbers last year -- even firms that have had layoffs, like Cadwalader, Wickersham & Taft? Some firms may be acting on decisions or promises made long ago, when the economy was not such an issue. And it's likely that there are more new income rather than equity partners among the batch.
Law

Just How Much Do Law Firm Layoffs Save?
Attorney layoffs have become industry standard in recent months, with at least 50 of the nation's top law firms ushering practitioners out their doors and into a torpid job market. But just how much do law firms stand to save by slashing ranks? A lot, as it turns out, considering the options. Law firm leaders and industry consultants say a firm cuts costs by an average of $250,000 for each attorney let go. For each legal assistant or other staffer laid off, a law firm saves about $100,000.
Law

Soft global economy lowers Western Union 4Q profit - SFGate: Business & Technology
Western Union says its profit fell in the fourth quarter on slower demand for money transfers and bill payments. The money transfer agent also says growth will slow in 2009, with sales expected to fall from 5 percent to 8 percent. The Greenwood Village, Colo.-... ...
NewsRack

Lawmakers push for food safety reforms
Lawmakers vowed Wednesday to press for stronger food safety laws and more money for inspections as the list of recalled peanut products surpassed 1,000 in an ongoing national salmonella outbreak. 'There is an openness to putting together the strongest...
San Francisco Chronicle

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