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News today updated: Februari 08,  2010.
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Today's breaking - news groups - daily news - daily refreshed - daily updated news groups - live updated today

  • Today: 01:44 hr.
  • Washington wants to pump big money into so-called disease management, though there's scant evidence that it works
A decade ago General Electric (GE) experimented with a promising approach to employee health care known as disease management. It hired a company to talk with workers in North Carolina who suffered from heart disease. Nurses called to encourage them to take their medication and get moderate exercise as a way to avoid expensive hospital stays. Around the same time, large corporations in many industries began paying for similar disease-management programs to keep employees healthier and cut costs. "It seemed too good to be true," says Dr. Robert S. Galvin, GE's chief medical officer. And, he adds, it was.
Source: by www.businessweek.com All articles and rights are for the original source. 
  • Today: 02:18 hr.

  • Stocks: Looking for a Super Bowl Effect
Yes, occasionally companies can get a lift from effective advertisements. In 2008, for example, E*Trade Financial (ETFC) was facing serious financial difficulties when ads featuring stock-trading babies appeared during Super Bowl XLII. (E*Trade’s chief executive said the ads told customers, “We’re still here, we’re as strong as ever, and we’re not going anywhere.” The ads might have brought in customers – E*Trade survived the financial crisis — but they didn’t help E*Trade’s stock price much: After a brief rebound, shares started slipping in late February. Thirteen months later, they had lost 88% of their value.)
Source: by www.businessweek.com All articles and rights are for the original source. 
  • Today: 03:51 hr.
  • The Fakery of CEOs Undercover
Forget about bagging poultry parts or pumping and dumping penny stocks. The dirtiest job in America right now is producing reality TV. It consists of feeding the public's appetite—which has grown insatiable, after years of expert stimulation—with the mixture of sadism and sentimentality, cruel unfairness and poetic justice, ugly situations and happy endings, that most of us know by now are sheer delusions but that we are as helpless to resist as the next market bubble.
Source: by www.businessweek.com All articles and rights are for the original source. 
  • Yesterday: 01:34 hr.
  • Fifteen Ways to Slash Spending in Retirement
Workers approaching retirement are often told by experts that they will need only about 80% of their income after they stop working to maintain the same lifestyle.

After all, expenses fall when retirees don't need to dry-clean their work wardrobe and commute every day. And they have more time to shop for deals and handle house and yard work themselves. Presumably, the children are out of the nest or have their own financial flight plan.

Source: by www.businessweek.com All articles and rights are for the original source. 
  • Yesterday: 02:55 hr.

  • Deutsche Telekom's Limited Options for T-Mobile
Deutsche Telekom (DT) is said to be considering strategic options for its troubled U.S. unit. The company may find its choices limited amid heightened competition in the wireless industry and tepid demand among investors.
Source: by www.businessweek.com All articles and rights are for the original source. 
  • Yesterday: 04:23 hr.
  • Hyundai Turns Up Super Bowl Pitch for Sonata
Hyundai Motor made a splash in the auto industry with an aggressive marketing blitz last year. Taking advantage of Korea’s weak currency, Hyundai brought out a string of promotional packages, including its “Assurance Program” allowing buyers to return their cars and cancel their loans without hurting their credit ratings, if they lost their jobs. Now it is stepping up its sales pitch just as its admired and toughest rival Toyota, is suffering from one of the worst public relations crises in industry history.
Source: by www.businessweek.com All articles and rights are for the original source. 
  • Day before Yesterday: 01:43 hr.
  • Apple's Hard iPad Sell
With the introduction of the iPad, Apple's (AAPL) status as a cultural icon reached new heights. Based on an unscientific survey of newspapers archived by The Newseum, pictures of or stories about the tablet-style computer appeared on front pages in at least 47 states and the District of Columbia and no fewer than 24 countries on six continents—in places as varied as Bulgaria, Uruguay, Turkey, and Portugal.
Source: by www.businessweek.com All articles and rights are for the original source. 
  • Day before Yesterday: 02:35 hr.

  • Goldman Sachs’s Blankfein Gets $9 Million Bonus

Goldman Sachs Group Inc. gave Chairman and Chief Executive Officer Lloyd Blankfein a $9 million all-stock bonus for 2009, about half the award granted by JPMorgan Chase & Co. to CEO Jamie Dimon, even as profit reached an all-time high and the shares doubled.

“This is certainly lower than my best estimate would have been,” said Rose Marie Orens, a senior partners at Compensation Advisory Partners in New York. “There was a very definite decision that they weren’t going to have the discussion be all about them and pay.”

Source: by www.businessweek.com All articles and rights are for the original source. 
  • Day before Yesterday: 03:51 hr.
  • U.S. Stocks Rebound on Greece Speculation, Consumer Credit

U.S. stocks rose, rebounding from the biggest losses since March, as investors speculated the European Union may come up with a solution for budget deficits in Greece and Spain and consumer credit dropped less than forecast.

Cisco Systems Inc., Intel Corp. and Alcoa Inc. climbed more than 2 percent for the biggest gains in the Dow Jones Industrial Average as the 30-stock gauge reversed a 167-point slide. Freeport-McMoRan Copper & Gold Inc. led commodity producers to the biggest advance among 10 groups in the Standard & Poor’s 500 Index as oil, gold and copper rebounded in electronic trading following the close of commodities exchanges.

Source: by www.businessweek.com All articles and rights are for the original source. 

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