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Bank Failure Total in `09 Hits 94
Banking regulators seized two sister banks that were doomed by their aggressive real-estate lending, bringing to 94 the number of U.S. banks that have failed so far this year.
Market Watch

PINK SLIPS AND PARTING GIFTS (Kindle Edition) newly tagged ``business``
PINK SLIPS AND PARTING GIFTS (Kindle Edition)By Deb Hosey White Buy new: $9.95 First tagged 'business' by David White Customer tags: benefits, corporation, ethics, health insurance, retail, business strategy, corporate, business, real estate, mergers, business ethics, business history
Amazon

Legal way clear to challenge Jackson executors
Katherine Jackson can safely challenge the men who control singer Michael Jackson's estate without risking her benefits from her son's will, a judge has ruled.
CNN

Jackson executors may be challenged
Katherine Jackson can safely challenge the men who control singer Michael Jackson's estate without risking her benefits from her son's will, a judge has ruled.
CNN

California Publishes Television Efficiency Standards For 2011
eldavojohn writes 'It's been nine months since California announced intentions for new regulations for energy consuming televisions in their state but yesterday the California Energy Commission released the first draft (more information from the horse's mouth). If you live in another state, you may be unfamiliar with California's history of mandating power usage among anything from dishwashers to washing machines and other household appliances. This has also led to California pushing to ban incandescent light bulbs. From their FAQ on TV Efficiency Standards: 'The proposed standards have no effect on existing televisions. If approved, they would only apply to TVs sold in California after January 1, 2011. The first standard (Tier 1) would take effect January 1, 2011, and reduce energy consumption by average of 33 percent. The second measure (Tier 2) would take effect in 2013 and, in conjunction with Tier 1, reduce energy consumption by an average of 49 percent.' The Draft from December 2
Slashdot

Republicans steal Obama`s tricks
Since their election disaster, the right has used new media to gather strength, culminating in last weekend's huge protestErik Telford remembers all too vividly the dark cloud hanging over him on 5 November 2008, the day after barack obama was elected president. For the internet strategist at the rightwing campaign group Americans for Prosperity, election night was a double disaster. Not only had Obama won the votes, he had outwitted his republican opponents in his use of new media tricks such as email recruiting and social networking.'The left was far ahead of us. The efforts that Obama put into internet campaigning and what he accomplished were extraordinary,' Telford says.That cloud hung over the conservative movement for many weeks. A sense of crisis set in, he recalls, with bloggers, strategists and Republican politicians scrambling in different directions.'There was a real lack of leadership, a lot of confusion.'But then, almost imperceptibly, something started to happen. Te
Guardian

Few Medals of Honor from Iraq, Afghanistan
When President Obama gave a Medal of Honor to Sgt. 1st Class Jared Monti's family this week, it was just the sixth time the nation's highest medal for valor has been awarded to a hero of the current conflicts. The united states has nearly 200,000 troops fighting two wars. And even at the highest levels, people want those heroes recognized. 'This has been a source of real concern to me,' said Defense Secretary Robert Gates.
CNN

Rosberg: `Feel like the real winner`
Berlin - Williams driver Nico Rosberg said Friday that he feels like the real winner of last year's Singapore Grand Prix following revelations that Renault driver Nelson Piquet Jr deliberately crashed. Piquet is said to have crashed on team orders, t...
Earth Times

IBM`s Patent To ``Capture Expert Knowledge`` With Games
theodp writes 'Robert X. Cringely offers his take on IBM's patent-pending way to suck knowledge out of experts and inject it into younger, stronger, cheaper employees, possibly even in other countries. IBM's 'Platform for Capturing Knowledge' relies on immersive 3-D gaming environments to transfer expert knowledge held by employees 'aged 50 and older' to 18-25 year-old trainees, even those who find manuals 'difficult to read and understand.' It jibes nicely with an IBM White Paper (PDF) that advises CIOs to deal with Baby Boomers by 'investing in global resources from geographies with a lower average age for IT workers, such as India or China.' While Cringely isn't surprised that Big Blue's anyone-can-manage-anything, anyone-should-be-able-to-perform-any-job culture would spawn such an 'invention,' he can't help but wonder: When you get rid of the real experts, who is going to figure out the new stuff?' of this story at Slashdot.
Slashdot

NCSoft Drops GameGuard From Western Launch of Aion
chalkyj writes 'NCSoft has announced that they will be dropping GameGuard from the western launch of their upcoming MMORPG, Aion. The flawed Korean anti-cheat software has been heavily criticized for employing root-kit like techniques and conflicting with many hardware configurations. The final straw is thought to have been the stability issues experienced by players during open beta and the community outcry it caused. The decision makes Aion, which recently announced over 400,000 western pre-orders, a real contender in the western MMO market.' of this story at Slashdot.
Slashdot

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