Nov. 29, 2010 at 6:26 a.m.
Filed under:
Media,
Radio
By Associated Press
Talk show host Laura Schlessinger, also known as Dr. Laura. (AP Photo/SIRIUS XM Radio)
Talk-show host Laura Schlessinger won’t stay away from radio very long — only a weekend, in fact. Sirius XM Radio Inc. said Monday it has a multiyear deal with Schlessinger to bring her “Dr. Laura” advice program to satellite radio in January. Specific terms were not revealed.
Schlessinger had said in August that she was quitting her syndicated radio program, a week after she apologized for using the N-word on the air 11 times while talking to a black woman, and activists demanded her ouster.
She ends her traditional radio program on Friday, Dec. 31. The following Monday, her “Dr. Laura” show will begin live at 2 p.m. on Sirius XM. It will air for three hours a day on Monday through Friday. Get the full story »
Nov. 29, 2010 at 6:21 a.m.
Filed under:
Banking,
Economy
By Dow Jones Newswires-Wall Street Journal
Federal Reserve Chairman Ben Bernanke is likely to face some new dissenting votes when the make-up of the Federal Open Market Committee, the central bank’s policy-making committee, changes in January.
Four presidents of regional Fed banks will step into the rotation at the Fed’s policy meeting in late January: Charles Evans of Chicago, Charles Plosser of Philadelphia, Richard Fisher of Dallas and Narayana Kocherlakota of Minneapolis. They’ll join the eight permanent voters on the FOMC: seven Fed governors (one position is now vacant) and the New York Fed president. Get the full story »
Nov. 29, 2010 at 6:16 a.m.
Filed under:
Exchanges
By Dow Jones Newswires-Wall Street Journal
The popularity of the VIX index, which has become a widely watched barometer of investor fear since the financial crisis, is generating a host of spinoffs, copycats and derivatives. It is adding up to big business for VIX’s owner, the Chicago Board Options Exchange, as well as partners and competitors that have developed products pegged to, or inspired by, the VIX. Get the full story »
Nov. 29, 2010 at 6:08 a.m.
Filed under:
Government
By Dow Jones Newswires-Wall Street Journal
The chairmen of the White House’s debt-reduction commission are making last-minute changes to their provocative early draft in an effort to broaden support before a crucial Wednesday vote, people familiar with the matter said.
The co-chairmen, Democrat Erskine Bowles and former Republican Sen. Alan Simpson, need 14 of the 18 members to support their proposal in order to issue a formal recommendation, which could then be voted on by Congress before the end of the year. Get the full story »
Nov. 29, 2010 at 5:47 a.m.
Filed under:
Internet,
Retail
By CNN
An internet service outage for some Comcast customers on the East Coast eased early Monday, the company said. Get the full story »
Nov. 26, 2010 at 5:18 p.m.
Filed under:
Energy
By Reuters
Enbridge’s 670,000 barrel a day Line 6A oil pipeline in the U.S. Midwest is expected to run at reduced rates until early next week, creating another costly bottleneck for Canadian crude exports, the company said on Friday.
An outage at a power utility’s substation in Illinois forced Enbridge, which has been struggling with numerous outages on its massive oil pipeline system, to reduce flows as electricity to a pumping station got cut off.
The rates are expected to be cut until at least Tuesday, the company said. Get the full story »
Nov. 26, 2010 at 5:04 p.m.
Filed under:
Autos,
IPOs,
Updated
By Reuters
General Motors Co’s underwriters exercised their full overallotment option, making the initial public offering of the U.S. automaker the biggest in the world, at $23.1 billion. Get the full story »
Nov. 26, 2010 at 4:33 p.m.
Filed under:
Policy,
Politics
By McClatchy Tribune Newspapers
Excessive borrowing by the U.S. government poses a “clear danger” to the country’s long-term financial stability, the chairman of the Federal Deposit Insurance Corp. wrote Friday, and “urgent action” is needed to head off another financial crisis. Get the full story »
Nov. 26, 2010 at 3:49 p.m.
Filed under:
Computers,
Real estate,
Technology
By Reuters
Apple is expanding the size of its Cupertino, California, home base, acquiring nearby facilities from computer pioneer and competitor Hewlett Packard Co. Get the full story »
Nov. 26, 2010 at 3:34 p.m.
Filed under:
Investing,
Stock activity
By Reuters
Commodity-related shares led U.S. stocks lower on Friday in a shortened post-holiday session as investors unloaded risky assets on worries that euro-zone debt problems may spread.
Consumer stocks were also a major focus as Black Friday, often the biggest shopping day of the year, began what is expected to be the strongest holiday shopping season in three years.
Get the full story »
Nov. 26, 2010 at 3:29 p.m.
Filed under:
Exchanges,
International
By Reuters
The Dubai Mercantile Exchange said on Thursday six new swaps and options contracts linked to its benchmark Oman crude OQc1 would be listed on Dec. 5. The exchange launched the Oman contract in 2007, aiming for it to become the marker for the 12 million barrels per day of crude that move from the Middle East to Asia.
It said the new contracts would be launched by CME Group Inc., the world’s biggest futures exchange operator and a shareholder in DME. Get the full story »
Nov. 26, 2010 at 1:43 p.m.
Filed under:
Energy,
Health care,
Transportation
By Associated Press
FedEx is searching for radioactive rods used for medical equipment that went missing during shipment between North Dakota and Tennessee.
Get the full story »
By Dow Jones Newswires
The Federal Trade Commission said Friday that it has settled charges that a California public-relations firm posted fake video game reviews on Apple Inc.’s iTunes Store.
According to an FTC complaint, employees of California-based Reverb Communications Inc. allegedly engaged in deceptive online advertising by having paid employees and company managers pose as consumers and write glowing video game reviews of clients’ games. Get the full story »
Nov. 26, 2010 at 1:24 p.m.
Filed under:
Fashion,
M&A,
Private equity,
Retail
Bloomberg News | A J. Crew shareholder has sued the retailer and TPG Capital over a $3 billion plan to take the clothier private.
Nov. 26, 2010 at 1:15 p.m.
Filed under:
Internet,
Retail
By CNN
As online sellers kick off the coming week with one of their biggest sales days of the year — Cyber Monday — its brick-and-mortar counterpart — Black Friday — offers some encouraging signs: Consumer are shopping more enthusiastically in stores and online before the big days. Get the full story »
