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Todays Top Business News
From around the world and across the street.
•Thoughts
by Forbes Staff
16 minutes ago
On the business of life.
[From Forbes.com: News]
•SEC vs. the media, round two
18 minutes ago
The Securities and Exchange Commission was not seeking a blanket exemption from public information laws, when it asked Congress to include a little known provision in the Wall Street reform law, the agency said in a letter to lawmakers Friday.
[From Latest financial news - CNNMoney.com]
•House Rejects Partial Health Care Repeal
43 minutes ago
Buried in paperwork: Congress struggles to fix tax requirement that could swamp businesses
United States Congress - United States - Law - Congress - Services
[From ABC News: Money]
•Regulators close 3 banks in Florida, Georgia
45 minutes ago
By 2010-07-30T22:31:48Z WASHINGTON (AP) -- Regulators have shut two banks in Florida and one in Georgia, lifting to 106 the number of U.S. banks to fail this year as the industry has struggled to cope with mounting loan defaults and recession....
[From AP Top Business News At 6:29 p.m. EDT]
•Weekly Market Wrap: 7/30/10
by MarketNewsVideo.com
46 minutes ago
Economic growth slumps in the second quarter. Gold miners set record revenues and profits on all-time highs in the price of gold.
[From Forbes.com: News]
•House approves oil spill legislation
by By MATTHEW DALY
47 minutes ago
By MATTHEW DALY 2010-07-30T22:29:29Z WASHINGTON (AP) -- The House has approved a bill to boost safety standards for offshore drilling and remove a $75 million cap on economic liability for oil spills....
[From AP Top Business News At 6:29 p.m. EDT]
•Wealthy Dallas brothers become SEC fraud target
by By KELLEY SHANNON and MICHAEL GRACZYK
48 minutes ago
By KELLEY SHANNON and MICHAEL GRACZYK 2010-07-30T22:28:02Z AUSTIN, Texas (AP) -- Brothers Charles and Sam Wyly, born a year apart during the Great Depression, almost always have been joined at the hip....
[From AP Top Business News At 6:29 p.m. EDT]
•Judge lets paper publish info on juicemaker probe
by By MARK SHERMAN
1 hour ago
By MARK SHERMAN 2010-07-30T22:14:07Z WASHINGTON (AP) -- A judge has lifted an order that prevented a legal newspaper from publishing information found in court records that were supposed to have been shielded from public view....
[From AP Top Business News At 6:29 p.m. EDT]
•Stocks: Best monthly gain in a year
1 hour ago
Despite a mixed performance on Friday, stocks booked the best monthly gain in a year, with the Dow Jones industrial average and S&P 500 both rising nearly 7% in July.
[From Latest financial news - CNNMoney.com]
•Signs of oil spill recovery entering new phase
by By HARRY R. WEBER and GREG BLUESTEIN
1 hour ago
By HARRY R. WEBER and GREG BLUESTEIN 2010-07-30T22:08:12Z BILOXI, Miss. (AP) -- BP's new boss says it's time for a "scaleback" in cleaning up the Gulf of Mexico oil spill. Federal officials say there is no way the crude could reach the East Coast. And fishing areas are starting to reopen....
[From AP Top Business News At 6:29 p.m. EDT]
•Where In The World Is Imam Feisal?
by Claudia Rosett
1 hour ago
Questions multiply about $100 million Islamic center planned near Ground Zero.
[From Forbes.com: News]
•Not Even China Can Tame The Business Cycle
by Robert Olsen
1 hour ago
Economist Kenneth Rogoff believes financial crises are endemic to human nature.
[From Forbes.com: News]
•Don't Be Fooled By Idea Of Bank Bailouts
by Steve Forbes
1 hour ago
FDIC Chairman Sheila Bair says future bank bailouts won't likely happen. The big banks will be allowed to fail.
[From Forbes.com: News]
•How Much of the Reality Show is Scripted?
by Compiled by Abhishek Raghunath
1 hour ago
Fiction is so last century. Reality TV now takes centre stage on our TV screens. Varun Duggirala, who produced Get Gorgeous 5, Launchpad 3 and Kidnap, tells us what really goes on behind the 'reality'.
[From Forbes.com: News]
•Marvell Technology's Mobile Connector
by Russell Flannery
1 hour ago
Marvell's Weili Dai takes her place on our list of entrepreneurs, innovators and businesspeople who left home and made their mark in the U.S.
[From Forbes.com: News]
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