China says it tops Japan as No. 2 economy
Business China has surpassed Japan to become the world’s second largest economy, lagging only behind the United States, a Chinese government official said in remarks published on Friday. ...
SEC vs. the media, round two
Business 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. ...
Stocks: Best monthly gain in a year
Business 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. ...
Worst job on Earth: BP calling all applicants
Business It could quite possibly be called the worst job on Earth — and the position is open. ...
Northwest to pay $38 million cargo price-fixing fine
Business Northwest Airlines will plead guilty and pay a $38 million fine for conspiring to fix cargo rates, the Justice Department announced Friday. ...
GM to boost Chevy Volt production
Business General Motors announced Friday that the automaker has raised its planned production of the Chevrolet Volt electric car to 45,000 in 2012. ...
Recovery spin wars: White House vs. business
Business The Obama administration gave a positive spin to second-quarter economic numbers released Friday, with the administration’s chief economist saying they show a “steady recovery from the recession continues.” ...
U.S. recovery sputters
Business The U.S. economy continued to grow during the second quarter, the government reported Friday. But the pace slowed more than economists were expecting, raising concern about growth – or even another recession – in the months ahead. ...
Consumers not spending like drunken sailors
Business The economy is heading nowhere fast. That’s the bad news. But the good news is that it still seems like consumers may have actually learned a lesson or two about reckless fiscal behavior. ...
States go deeper into debt
Business The states are broke, and like many consumers, they’re borrowing big time to get out of their fiscal binds. ...
Let’s fund every entrepreneur
Business There was a great conversation Thursday at Y Combinator’s AngelConf in Silicon Valley. Anthony Ha of Venturebeat had a couple posts on it that I just read, one on Paul Graham’s comments, and another on Ron Conway and Mike Arrington’s comments. I would have enjoyed being part of that discussion, so I’ll join in now. ...
Summertime tax savings
Business April may be eight months away, but it is never too early to start thinking about saving on your taxes. Take advantage of these summer savings before it is too late. ...
Why spend $300 a night for a hotel?
Business Book a hotel in a popular destination and you know what to expect: a bed, a mini-fridge, and a big bill at checkout. In Europe’s big cities, for example, you can easily spend anywhere from $150 to $300 a night (hotels in Florence average $205). ...
Why a flounder gigger’s suit against BP is one to watch
Business Although it’s probably not BP’s top priority at the moment, an ominous lawsuit was filed against it last month in state court in Mobile, Alabama, by a man named Obie F. Carlisle. ...
SEC charges billionaire brothers with fraud
Business Two billionaire brothers face federal fraud charges for selling stock in companies which they helped oversee and then trying to conceal some $550 million in gains. ...
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