Union urges Obama to oust bank CEO

Posted by Financial Service News on March 31st, 2009

Tuesday, March 31, 2009 at 3:56 p.m. On the heels of the resignation of General Motors CEO Rick Wagoner, the Service Employees International Union is urging President Barack Obama to oust Bank of America CEO Ken Lewis.

Wall Street rebounds on last day of the quarter

Posted by Financial Service News on March 31st, 2009

Analysts attributed much of the market's gain to large investors loading up on rising stocks in order to report strong holdings at the end of the first quarter, which ends on Tuesday.

Barclays In Exclusive Talks Over iShares

Posted by Financial Service News on March 31st, 2009

Barclays has confirmed it is in exclusive talks with CVC Capital Partners to sell its iShares division for around A 3bn.

From economy’s ills, new villains rise

Posted by Financial Service News on March 31st, 2009

'The better the villain,' Alfred Hitchcock said, 'the better the movie.' And in the epic production that is the United States of America, we have followed that advice since the earliest settlers landed.

Argentina, China sign tentative currency swap deal to bypass US dollar in trade

Posted by Financial Service News on March 31st, 2009

Argentina and China have tentatively agreed to swap $10 billion worth of their currencies to enable South America's second-largest economy to avoid using dollars in trade between the nations, banking officials said Monday.

Web ad revenue grew in 4Q but slower than in past

Posted by Financial Service News on March 30th, 2009

U.S. Internet advertising revenue climbed in the fourth quarter in spite of the poor economy, but the growth rate was sluggish compared to previous years, according to an analysis released Monday.

Harley-Davidson tells New York Times to “Screw It, Let’s Ride” | The Rider’s Perspective

Posted by Financial Market News on March 30th, 2009

The Rider's Perspective

This week, Harley-Davidson did what bikers do when confronted with a problem. It took aim at a wannabe bully and hit it square in the face. New York Times writer Susana Hamner is yet another classic example of an anti-biker mass media loudmouth. Armed with few facts, she tried to do a hatchet job on America's legend. The problem is she didn't get the job done. Rather than make a major issue of it, Harley responded with placing an advertisement in the Sunday edition of the Times.

1st5ive.com for motorcycle owners, riders and enthusiasts

Police say 6 are dead after shooting at home in upscale neighborhood of Santa Clara, Calif.

Posted by Financial Service News on March 30th, 2009

Six people were shot to death, at least three of them children, and another person was critically wounded in an apparent murder-suicide at an upscale home in Silicon Valley, police said Monday.

Business Update: Auto worries

Posted by Financial Market News on March 30th, 2009

Mar. 30 - U.S. stocks suffered their biggest one-day drop since early March after worries about the auto and banking sectors capped a recent rise in investor sentiment.

In-Depth Look - Geithner’s Global Initiative

Posted by Financial Service News on March 30th, 2009

Analysis and discussion with Roger Altman, Chairman and CEO of Evercore Partners with his reaction on Tim Geitner's plan, GM and Chrysler and Wagoner stepping aside, AIG and more.


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