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Obama stance on automakers said unchanged
Obama on Monday gave GM 60 days to come up with deeper cost and debt reductions than the biggest U.S. automaker had proposed in a viability plan submitted last month.
Big News Network

Malaysian Stocks Poised To Extend Gains
(RTTNews) - The Malaysian stock market on Tuesday snapped the two-day losing streak that had cost it more than 15 points or 1.8 percent along the way. The Kuala Lumpur Composite Index regained suppor...
Big News Network

Dell, HP, IBM Jump on Intel `Nehalem` Bandwagon
Top-tier server OEMs Dell, Hewlett-Packard and IBM announce refreshes of their x86 server offerings based on Intel's Xeon 5500 series processors for two-socket systems. Code-named Nehalem EP and announced March 30, the new chips are the latest rollouts by Intel of its Nehalem processor microarchitecture, with such features as an integrated memory controller, the QuickPath chip-to-chip interconnect and Turbo Boost, which lets businesses dynamically increase the clock speed of individual cores. The features focus on boosting performance while keeping operating costs down. Dell, HP and IBM are using Nehalem as a base for enhancements to their hardware aimed at providing high-performance computing for businesses in economically difficult times. Smaller OEMs are also rolling out new and upgraded systems based on the quad-core Intel Xeon 5500 series. Analysts and customers alike applaud the features offered in Nehalem and in the OEMs' new servers, but analysts are split on how quickly busine
eWeek

Questions to Ask When Adding a Cloud Computing Component
CIO of biopharm firm advises IT managers to question everybody and everything before making a commitment to moving some or all of their IT into the cloud. Security, change management and sources of data should be discussed and fully understood before a service level agreement is made. - SANTA CLARA, Calif. -- The promise of cloud computing is pretty darn alluring. You can ostensibly get your workload done every day and not need to buy software or hardware; capital expenses start shrinking; maintenance and head count costs are lower; scalability is there if you need it; and so forth...
eWeek

Brazil Government To Spend Billions To Boost Housing
Brazil president Luiz Inacio Lula da Silva is intent on helping the flagging Brazilian economy by injecting $15.1 billion into the housing industry. According to Bloomberg, the Brazilian government will build one million new homes for the country’s low income earners.Currently the situation is dire as local companies cut costs to weather the global [...]This Post is from: Overseas Property Mall, part of Fuzz One Media GroupBrazil Government To Spend Billions To Boost Housing
Oversees Property

Cheap Home Contents Insurance - Covering Your Expensive Home Gadgets
People are quick to forget the cost of the gadgets in their homes. It is true that home electrical and electronic gadgets are expensive. They cost a lot of money to purchase and so they should be given proper coverage in your home insurance deal. It will not be wise to buy an expensive gadget like a 72 inch plasma TV and not buy a home content deal that will totally cover the TV.
E-Zine

5 Ways Cheap Storage Can Reduce Your Startup Costs
With high property costs and a relatively high cost of operation in the Miami area, starting up a business is an expensive endeavor. Investing in cheap storage can be a surprisingly substantial help to your budget. If you're wondering how to save costs and run your new business efficiently, read on!
E-Zine

Travel cos launch women-only packages
At a time when most people are cutting costs on leisure, travel companies are wooing women by offering special "women only" group tours and interestingly, women in rural India have taken to this rathe...
India Gazette

Air Canada shakeup spurs bankruptcy talk
New CEO Rovinescu an expert at slashing costs and debts; analysts say filing for creditor protection is possible
The Globe and Mail

ING extends relationship with ABA for retirement funds program
The institutional plan services division of ING US Retirement Services has extended its relationship with the American Bar Association Retirement Funds by signing a five-year contract to service the $3 billion ABA Retirement Funds Program, a not-for-profit program that provides low-cost 401(k) plans and fiduciary oversight to law firms.
Insurance-business-review.com

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