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Winning stroke for Moorhouse
THINGS are going swimmingly for Adrian Moorhouse, the 1988 Olympic breaststroke gold medallist. Moorhouse, now chief executive of Lane4, a professional-services firm, last week won a special awar...
Big News Network

Market valuation cannot decide Satyam price: Modi
NRI industrialist B K Modi, whose Modi group is interested in acquiring Satyam Computer, today said that the stock market valuation could not be the basis for putting a reserve price for the sale of the troubled IT firm.
Business Standard

Zombie Politicians and Zombie Pundits (Guest Voice) - The Moderate Voice
Zombie Politicians and Zombie Punditsby Marc PascalBanks that have essentially failed but are provided ongoing capital from public bailouts are referred to as "Zombie Banks." They are dead but still walk the earth. While we have some of these staggering around in the U.S. right now, over the next year the Administration will [...]
NewsRack

Minnesota roared back from recession in 1980s. Can we do it again? - Twincities.com: Business
The early 1980s were agony for Minnesota's economy. Farms were failing, the Iron Range was reeling, small towns withered, large firms fled, and unemployment soared.
NewsRack

Analyst predicts bad year for semiconductors
The semiconductor market's fall has been dramatic, and it will continue through 2009 and beyond, according to market research firm In-Stat. (AMD)
Bizjournals.com

Baby boomers opt for business over retirement
A generation of 'olderpreneurs' is choosing new ventures instead of retirement according to a new study.
Telegraph

Baby boomers opt for buiness over retirement
A generation of 'olderpreneurs' is choosing new ventures instead of retirement according to a new study.
Telegraph

HSBC Considers Raising Capital
HSBC could announce plans Monday to raise at least $17.18 billion and cut its dividend as it braces against the economic downturn.
Wall Street Journal

Saudi shares close weaker
During Saturday's trading session the TASI-Index dipped more than four percent but eventually closed down 3.47% at 4,384 points, despite higher oil prices. The Saudi market was influenced by falling markets in the US, where the Dow Jones Industrial fell to a 12-year low on Friday, despite recent gains in the GCC. 'The global capital market is not really functioning at the moment', the newly appointed CEO of Swiss universal bank UBS Oswald Gruebel says in a comment in the monthly magazine 'Bilanz'. [AMEInfo.com]
AME Info

Buffett`s bailout headache
Warren Buffett is no critic of federal aid to the financial system. But the Berkshire Hathaway chief says the government's decision to provide low-cost credit to troubled firms is taking a hefty toll on his Clayton Homes housing finance business.
CNN Money

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