Business and Finance NewsPortugal to cut deficit with austerity plan
El Paso News.Net
The Portuguese government's tough budget passed the parliament just prior to the weekend, with approval for an austerity plan aimed at cutting its deficit to the level permitted by the EU.  Adobe CEO pay reduced by 68 percent
El Paso News.Net
The president and CEO of software maker Adobe Systems, Shantanu Narayen, has been awarded less compensation this year due to the value of the company declining.  KKR deal is biggest of the year so far
El Paso News.Net
Private equity firm Kohlberg Kravis Roberts & Co files to list $2.2 billion worth of shares on the NYSE in a long-anticipated move to follow their rival, Blackstone Group. A Star Trader Who Hardly Ever Traded
Star Tribune
This month, one of the great traders of the mutual fund industry, John Laporte of T. Rowe Price New Horizons, stepped down. An investor who put $10,000 in the fund when Laporte took the helm, three we... Sheringham Man Steams Over Tesco Goliath – For Now
The Independent
Sheringham's footnote to military history is that the first bomb dropped from a zeppelin landed on the North Norfolk town in 1915. However, the seaside town could command a whole chapter in the chroni... Lloyds To Spin Off Billions In Property Assets
The Independent
Lloyds Banking Group is believed to be considering plans to hive off a portion of its giant commercial property portfolio into a separate, tax-efficient company. Senior figures within the bank are th... More Money Makes Society Miserable, Warns Report
Guardian
Conspicuous consumption makes the few who can afford it happier – and everyone else more miserable. Photograph: Nils Jorgensen/Rex Features The national belt-tightening expected to follow next mon... Lehman's Advisers Were Guard Dogs That Didn't Bark
Guardian
Lehman Brothers from the US "examiner" brought some formidable examples of its recent triumphs."Magic circle" City law firm Linklaters gave the thumbs-up to "Repo 105", the complex manoeuvre that allo... Auditors Face Inquiry Call After Lehman Revelations
Guardian
Lehman Brothers chief executive Richard Fuld being heckled by protesters in Washington in 2008. MPs and financial experts have called for industry reforms after revelations that Lehman hid $50bn of de... Can Katy Perry Stop Emi Going To America For A Song?
Guardian
Katy Perry is selling well, but EMI is finding it increasingly difficult to turn talent into profit. Photograph: James Curley / Rex Features It is a tale of sex, debt and rock'n'roll that is unlikel... Can I Buy Underwear And Be Green?
Guardian
You might be doubtful that your choice of briefs can be a catalyst for global change, but consider the statistics. The UK underwear market was valued at £4.1bn in 2009. Most of that money is spent on... Phishing Emails From 'amazon' Are Well Out Of Order
Guardian
Amazon customers are being warned against phishing emails that ask for their account details. Above, the online booksellers' distribution centre in Milton Keynes. Photograph: David Levene Customers ... Credit Card Firms Forced To Make Repayment Cheaper
Guardian
The rules on credit card repayments are to be changed so it will no longer be the cheaper part of the debt that will be paid off first. Photograph: Alan Schein Photography/Corbis Credit card firms a... For The Record | The Week's Corrections
Guardian
Goldman Sachs and its role in a Greek tragedy " (Business) said European currency swap transactions "enabled the country to join the euro in 2001". In fact, the swap transactions were executed after G... Microsoft Hustles On Ie Patch, Tests Fix
Computerworld
Computerworld - Microsoft yesterday said it is testing a patch for a critical vulnerability in Internet Explorer (IE), but stopped short of promising to deliver an emergency fix before the next schedu... Lloyds To Spin Off Billions In Property Assets
The Independent
Lloyds Banking Group is believed to be considering plans to hive off a portion of its giant commercial property portfolio into a separate, tax-efficient company. Senior figures within the bank are th... Sxsw: Dynamo Takes On Youtube For Indie Film Rentals
Wired News
Independent filmmakers will soon have a new option for renting their films to viewers online: Dynamo, a start-up set to be announced at South by Southwest on Saturday evening, which will allow video p... Cirque Du Soleil Slips Up; Nyc Show Delayed
Financial Post
NEW YORK -- After opening to rotten reviews in Chicago, Cirque de Soleil's Banana Shpeel is scrambling to avoid a similar slip up in the Big Apple. Cirque – Quebec's best-known cultural and enterta... Behind The Scenes Of Apple's Ipad Launch
Financial Post
In the run-up to the April 3 launch of Apple's iPad tablet computer, all appears calm. But behind the veil that obscures all Apple product debuts, the company is making last-minute changes to its book... Unexpected Rewards Flow From Frugality
Financial Post
track her progress. When I embarked on a challenge not to spend a single frivolous dollar in March, I was already mourning the loss of steaming cups of takeout coffee, online shopping sales and a... Canwest Lp Proceeds With Sale
Financial Post
Canwest Global Communications Corp. said yesterday it is moving on to the second phase of the bidding process for its newspaper division with several non-binding offers in hand. The country's largest... Book Excerpt: Sex, Bombs And Burgers
Financial Post
In Sex, Bombs and Burgers: How War, Porn and Fast Food Created Technology as we know it, author Peter Nowak, senior writer, science and technology for CBCNews.ca, and a former Financial Post reporter,... Felderhof: The Man Who Can't Clear His Name
Financial Post
TORONTO -- Two floors below ground in a windowless purple-walled seminar room at the Metro Toronto Convention Centre, one of dozens of presentations was underway this week at the annual convention of ... Canwest Newspapers Chief Steps Down
Financial Post
Dennis Skulsky, the president of Canwest Global Communications Corp.’s newspaper and publishing division, resigned Friday, saying he wants to spend more time with his family. Agrium Shares Jump As Cf Gets Terra
Financial Post
The nitrogen wars are over, and Agrium Inc. is moving on to different opportunities. Friday, U.S. fertilizer companies CF Industries Holdings Inc. and Terra Industries Inc. agreed to merge in a US$4.... Canadian Stocks Flat In Lacklustre Trading
Financial Post
Canadian stocks ended the week little changed, advancing a mere 38.68 points over the past five trading sessions. Friday's performance was equally lacklustre, with the S&P/TSX composite index clo... Potash Corp. Leads Fertilizer Stocks Higher
Financial Post
Fertilizer stocks moved higher Friday morning after Potash Corp. of Saskatchewan Inc. hiked its outlook and Agrium Inc. dropped a high-risk bid for a competitor. Potash Corp. said a sharp rebound in ... Vale Strikers In Subdbury Vote Against Contract
Financial Post
Vale SA nickel-mine strikers in Sudbury, Ontario, voted against a contract offered by the company on March 7. Of 2,371 workers who voted, 88.7% were against the contract Thursday, Denis St. Pierr...
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