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E.U. doubling rescue fund as crisis takes latest turn
NEW YORK (MarketWatch) -- European Union leaders agreed Friday to double the size of an emergency fund for member states that lie outside the euro zone to 50 billion euros, or $68.6 billion, according...
Big News Network

What if the Palm Pre Bombs?
Palm has a lot of prestige and funds riding on the success of the Palm Pre smartphone. Advance buzz for the device has reached a fever pitch, but in the face of such enormous expectations, not to mention competition from the Apple iPhone and RIM BlackBerry mobile and wireless devices, the question remains: What if the Palm Pre fails in the market? - Palmplans on releasing its new smartphone, the Palm Pre, during the first half of2009, and has managed to build considerable buzz for the device over the pastfew months.The company is betting that a blockbuster project will not only boost itsrevenue, but pull it out of what Ed Colligan, CE...
eWeek

AIG dominates Obama`s 9th week
Outrage over bonuses AIG paid to top executives after having received more than $170 billion in taxpayer-funded assistance eclipsed President Obama's ninth week in office.
CNN

Press Releases: Watson Wyatt encourages long-term thinking amid ?dreadful? global economy
Co-ordinated policy responses from governments and central banks around the world to provide liquidity and short-term funding to the financial system have not been effective in the face of unwillingness by financial institutions to lend and householders? propensity to save and not borrow according to Watson Wyatt. [GLOBAL]
Watson Wyatt

Insider: President Obama?s Budget Includes Health And Retirement Proposals
President Obama?s budget proposal for fiscal year 2010 would establish a reserve fund and guiding principles for health care reform. The retirement proposals emerged during the president?s campaign: to establish automatic workplace pensions and expand the Saver?s tax credit. To bring in revenue, the president proposes to means-test Medicare Part D premiums, tax carried interest as ordinary income and 'reform deferrals and other tax reform policies.' [UNITED STATES]
Watson Wyatt

Gold may rise above US$1,000 before the end of the first quarter as fed plans ignite hyperinflation fears
INTERNATIONAL. Gold prices closed 3% up for the week on speculation the Federal Reserve's steps to revive the US economy will spur demand for precious metals as a hedge against inflation.
Business Intelligence Middle East

Sensex up second week in a row on fund buying
The Sensex posted gains for the second week in a row on the back of steady inflows from the foreign and domestic institutions. The index crossed the 9,000-mark, and ended with a gain of 2.4% (210 poin...
Big News Network

Barclays seen offering to finance iShares purchase
NEW YORK (Reuters) - Barclays <BARC.L> is offering to finance the purchase of its iShares fund unit, the Wall Street Journal reported on Friday, citing sources.
tiscali.co.uk

South Dakota Department of Labor receives $1.2 million
The South Dakota Department of Labor has received $1.2 million in federal stimulus funds for the administration of the unemployment insurance system.
Topix.net

Taiwan dollar has best week in 3 months on fund inflows
TAIPEI, Taiwan -- Taiwan's dollar rose, capping its biggest weekly gain in three months, as a Federal Reserve plan to purchase debt sparked a stocks rally and revived demand for emerging-market assets...
Big News Network

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Archived "business - hedge funds" news stories.

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