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BatonRougePost.com Saturday 13th March 2010 Edition 2010/107
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FDIC to act as receiver of Old Southern Bank of OrlandoFDIC to act as receiver of Old Southern Bank of Orlando
The FDIC has been appointed receiver of the Old Southern Bank, in...


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KKC files to list $2.2 billion worth of shares on NYSEKKC files to list $2.2 billion worth of shares on NYSE
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...
Chinese steelmakers want to talk to government about rising ore costsChinese steelmakers want to talk to government about rising ore costs
Chinese steelmakers want government to address rising iron ore...
2009 revenue for BMW down 5%
BMW has suffered a profit dip of 36% between 2008 and 2009, according to company...
Astonishing oil demand by ChinaAstonishing oil demand by China
The International Energy Agency has described China's increasing demand for oil as...
German financial crisis jokes fall flat for AthensGerman financial crisis jokes fall flat for Athens
Athens has declared its displeasure at recent German attempts to make light of the financial crisis facing the...
Wall Street sidelined by dollar fallWall Street sidelined by dollar fall
The U.S. dollar was sharply weaker Friday as stocks drifted...
Statewide Bank in Louisiana to be absorbed by Home BankStatewide Bank in Louisiana to be absorbed by Home Bank
The Statewide Bank, headquartered in Covington, Louisiana, has been taken over by Home Bank, on the order of...
Park Avenue Bank bites the dustPark Avenue Bank bites the dust
Regulators closed the Park Avenue Bank, of New York, New York, Friday and appointed the FDIC as...
LibertyPointe Bank is shut downLibertyPointe Bank is shut down
The LibertyPointe Bank in New York, New York, has been closed by...
Ohio Woman Says Lexus Accelerator Fell To Floor Before Car Careered Through Lot And Crashed
FORT WAYNE, Ind. - An Ohio woman says her Lexus careered through a parking lot and crashed into a light pole in Fort Wayne, Indiana, after its accelerator dropped to the floor. Myrna Cook was...
Consumers Move From Wal-mart To Earlier Stores
Chicago: As the US economy improves, more of the shoppers who flocked to Wal-Mart to save money during the recession are moving back to the stores they frequented before, a new survey showed on...
Asian Stocks Rise As Greek Fears Ease, Us Jobs Grow
Hong Kong: Asian stocks rose, driving the MSCI Asia Pacific Index higher for a third week, as better-than-estimated US jobs data and easing concern over Greece's debt spurred confidence in a global...
Uranium Major Niger Urged To Review Contracts
(Reuters) - The new junta ruling in Niger, one of the world's biggest uranium producers, should review and possibly renegotiate dozens of resource exploitation contracts, civil rights groups said on...
Marketywatch's Top 10 Stories
See MarketWatch report on record slow pace of debt growth. China may allow yuan to rise by mid-April, strategists sayChina could allow its currency to begin appreciating against the U.S. dollar...
Greeks Back Austerity Measures, Oppose Unrest: Poll
(Reuters) - Most Greeks think draconian austerity measures announced by the government earlier this month were along the right lines and many feel labor unions should not oppose them too...
Catholic Hospitals Support Health Care Bill
A group representing Catholic hospitals is rallying behind President Barack Obama's health care bill. Support from the Catholic Health Association could help persuade anti-abortion lawmakers to...
Bernanke Stimulus Exit May Be Aided By Yellen, Raskin
March 13 (Bloomberg) -- President Barack Obama’s likely nomination of three Federal Reserve governors will help Chairman Ben S. Bernanke plan an exit from record monetary stimulus and...
Lehman’s Hidden Leverage ‘shenanigans’ May Haunt Fuld
March 13 (Bloomberg) -- Lehman Brothers Holdings Inc.’s Richard Fuld exuded confidence as he briefed analysts on June 16, 2008, four days after demoting his firm’s finance chief in the...
Google '99.9%' Sure To Shut China Search Engine: Report
SHANGHAI (Reuters) - Talks with China over censorship have reached an apparent impasse and Google, the world’s largest search engine, is now “99.9 percent” certain to shut its...
Q&a With Ron Liepert, Alberta's Energy Minister
Alberta Energy minister Ron Liepert says “industry will tell you they need to pace their development better than they did in the past” in the oil...
Behind The Scenes Of Apple's Ipad Launch
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...
Unexpected Rewards Flow From Frugality
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...
Book Excerpt: Sex, Bombs And Burgers
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...
Some States Delaying Tax Refund Payments
States Face $1 Trillion Benefits Gap (CBS) Some states suffering severe, recession-induced budget problems are holding off on paying tax refunds to people and businesses. North Carolina, Hawaii...
Irs Torture By Mail
If you're a reasonably law-abiding taxpayer, fear the IRS' computers and its vague letters demanding more cash rather than an actual audit. (Getty Images) Do you fear being grilled by an Eliot...
China's New Generation Picky About Factory Jobs
Factory worker Chen Qinghai frowned as he looked at a tall bulletin board full of help-wanted notices from companies making everything from photocopiers and DVD drives to mobile phones and car parts....
A Look At Democrats' Health Care Overhaul
President Barack Obama and congressional Democrats are pulling together a final version of a health care overhaul bill and pushing for House votes as early as this coming week. Democrats are awaiting...
Hearts May Swoon When Stocks Do, Study Suggests
Stock market slides may hurt more than your savings. New research suggests they might prompt heart attacks. Duke University researchers found a link between how a key stock index performed and how...
Ba Passengers Try To Change Travel Plans
Thousands of passengers are trying to change their travel plans ahead of British Airways cabin crew strikes due to start next Saturday. The industrial action comes after the collapse of talks aimed...
'migrant Workers Abused And Exploited'
Agency and migrant workers employed by meat and poultry firms are suffering "mistreatment and exploitation", an official inquiry has revealed. The Equality and Human Rights Commission (EHRC) said...
Ticker Toll: Heart Attacks May Have Risen When The Stock Market Was Falling, Study Suggests
ATLANTA - Stock market slides may hurt more than your savings. New research suggests they might prompt heart attacks. Duke University researchers found a link between how a key stock index performed...
Young Chinese Workers Less Willing To Settle For Sweatshops Than Their Parents Were
GUANGZHOU, China - Factory worker Chen Qinghai frowned as he looked at a tall bulletin board full of help-wanted notices from companies making everything from photocopiers and DVD drives to mobile...
The Wisdom Of Recycling Trade Surpluses | George Irvin
mercantilism ? One can argue that China's astonishing growth has sucked in other countries' imports while lifting millions out of poverty. But growth continues to be export-led, and the Central Bank...
Online Shoppers' Data Passed On
The Information Commission has warned online shoppers to avoid inadvertently agreeing to allow retailers to share their details with other firms.Customers of several online companies told the BBC...
Swisscom Ceo Says Fastweb Victim Of Fraud: Report
(Reuters) - The chief executive of Swisscom AG said Fastweb was a victim of fraud, a Swiss paper reported on Saturday, the second time the CEO has come out in defense of his company's...
Economy The Focus, And Social Welfare The Challenge, As China's Political Session Ends
BEIJING - Mao Zedong's grandson couldn't have put it more simply. China's biggest challenge? "Economic development," he said, as the nation's most public political meetings end with...
Obama's Bid To Remove Senators' Projects From Health Care Bill Runs Into Political Reality
WASHINGTON - President Barack Obama says he wants projects helping specific states yanked from the health care bill Congress is writing. Democratic senators, being senators, beg to differ. The...
Toyota Eyes 10% Market Share In 6-7 Yrs
KOCHI: Amidst the mounting recall troubles its parent is facing globally, Toyota has set an ambitious target of cornering 10 per cent share of the domestic market in the next six-seven years, up...
The Week's Top 10 Videos On Marketwatch
In case you missed them, here are the top 10 videos that appeared on MarketWatch for the week of March 8-12:Berkshire Hathaway and the magic of compoundingSam Mamudi examines the long-term returns...
North Korea Plans To Return To Nuclear Talks Next Month-report
DOW JONES NEWSWIRES North Korea plans to return to the bargaining table early in April for talks aimed at ending its nuclear weapons program, the Associated Press reported Saturday, citing a news...
Euro Finance Ministers To Agree On Greek Aid: Source
BRUSSELS (Reuters) - Euro zone finance ministers are likely to agree on Monday on the principles and parameters of financial help to Greece, if it is required, but leave out any sums until Athens...
Ubs May Return To Commodities In 2010: Report
) is considering possibly returning to its commodities business this year, some of which it sold during the financial crisis, a Swiss newspaper said on Saturday, citing the co-head of UBS's...
Kuwait Dar Seeks Government Support
), which owns half of British carmaker Aston Martin, is applying for support under a government facility set up for troubled companies as part of a debt...
Cirque Du Soleil Slips Up
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...
China To Bid On Us High-speed Rail Projects
FILE - In this Wednesday, March 3, 2010 file photo, a worker checks a CRH high-speed train at a maintenance base in Wuhan, in central China's Hubei province. China plans to bid for contracts to build...
China Gov't Advisers Urge Steady Economy
Delegates queue up to leave the main hall at the Great Hall of the People after the closing session of the Chinese People's Political Consultative Conference, China's top political advisory body, in...
Gop Says Democrats Have Wasted A Year In 'bitter, Destructive' Drive To Reform Us Health Care
WASHINGTON - Newly arrived Republican Sen. Scott Brown of Massachusetts accused President Barack Obama and Democrats on Saturday of a "bitter, destructive and endless" drive to pass health...
Minister: China To Bid For Us High-speed Rail Projects; Building Lines In Venezuela, Turkey
BEIJING - China plans to bid for contracts to build U.S. high-speed train lines and is stepping up exports of rail technology to Europe and Latin America, a government official said Saturday. China...
Public Sector Job Cuts Hit Women First
scale and scope of spending cuts . This is a bit strange. It is the recovery of growth that will make the biggest contribution to reducing the deficit by getting tax revenues flowing again. Polls...