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Business News from the New York Times Recession? Knockoffs Go Downmarket – Criminals are discovering there is money to be made in faking the more ordinary — like $295 Kooba bags and $140 Ugg boots.From Taxis to Textiles, Italy Chooses Tradition Over Growth – Like much of the Italian economy, the Carlo Barbera factory is struggling, for reasons that academics say reveal much about what ails Italy. A Fear That Academics Are Distracted Directors – When university presidents serve on many corporations’ boards, governance experts say, someone is getting short shrift. Ping: In School Systems, Slow Progress for Open-Source Textbooks – Two founders of Sun Microsystems have created two nonprofits to bring open-source textbooks to kindergarten through high school classes. Strategies: Small Step on Mutual Fund Fees, but Big Charges Remain – The steady drain of fees like the 12b-1 can erode a nest egg over time. The S.E.C. is stepping in, but in a modest way. Economic View: Like New Deal, Stimulus Should Create Jobs Directly – Much of the stimulus spending has given a priority to gross domestic product, but government spending alone does little good if it isn’t creating jobs. Turbines Too Loud? Here, Take $5,000 – In Oregon, a company is offering checks to residents if they promise not to complain about noise from turbines. A Richter Scale for Markets – Earthquakes are a better metaphor for financial crises than you think. Business News from the Wall Street Journal McCain Makes a Run at Michigan – If McCain wins the election, it may be thanks to Michigan -- a prize the Republicans think they can claim for the first time in nearly 20 years.The Party's Over – Millions of voters have moved out of the political party system. The decline of loyalty has made politics less stable and predictable -- and has resulted in close elections, writes Alan Brinkley. A New View on TV – A group of young economists are using statistical techniques to examine how television affects society, and their research shows it's not all bad. Hockey Rink Leads to Legal Trouble – The biggest project that Palin undertook as mayor of Wasilla, Alaska, was an indoor sports complex. But what was to be her legacy has turned into a financial mess that continues to plague Wasilla. What's Hot…and Not – A graphical look at how different investments, from REIT shares to crude oil, fared last week. Telluride Thrills – Indian dazzler "Slumdog Millionaire" and French film "I Loved You So Long" were highlights at this year's Telluride Film Festival. |
Business News from the Seattle PI Target buys downtown Seattle site – Target bought a site in downtown Seattle on Friday.Omeros Lines Up $40M Financing – Omeros (NASDAQ: OMER), the Seattle-based biotech company, has struck a deal in which it may raise as much as $40 million over the next two years through selling shares of common stock to a single investor, Azimuth Opportunity. Omeros raised $68.2 million through its initial public offering in October, but securing more money at certain ... Immune Design Pockets $32M, InDi Nails $10M, SonoSite Looks Inside My Carotids, & More Seattle-Area Life Sciences News – This week, we saw more than the usual number of venture deals on the Seattle life sciences beat. Maybe the VCs needed to tie up some loose ends before unplugging in the month of August. -Seattle-based Immune Design snagged the big round of the week, a full $32 million Series B deal that included ProQuest Investments, ... Total Living Choices Nabs $2.2M – Seattle-based online senior care information and referral service Total Living Choices (also known as TwilightLiving) has raised $2.2 million in equity out of a $3.5 million offering, according to a regulatory filing. The company, founded in 1999, maintains a database of over 68,000 nursing homes, assisted living facilities, home care, hospice, medical equipment, and long-term ... Business News from MSNBC Slowing economy faces major hurdles – As the engine of U.S. economic growth slows, two of its main cylinders - job growth and consumer spending - still aren't firing. Until they kick in, the weak recovery is in jeopardy.Obama: Republicans holding small businesses "hostage" – President Barack Obama on Saturday accused Republicans of holding American small businesses "hostage to politics" after Republican senators refused to back a $30 billion small-business lending package. Stocks close with best month in a year – Stocks had a fitting end to a choppy July as prices seesawed their way to a narrowly mixed finish. The market still had its best month in a year. Buffett-signed spoon a scoop for charity –
Recovery lost speed in the second quarter –
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