Nakheel PJSC’s possible non-payment of its Islamic bond due tomorrow will trigger defaults on two other securities, bringing the total of affected securities to $5.25 billion, bond documents show. [Bloomberg] U.S. Commerce Secretary Touts Climate Change Policies – Commerce Secretary Gary Locke tells delegates at the United Nations Climate Change Conference in Copenhagen that nations must [...]
Nakheel PJSC’s possible non-payment of its Islamic bond due tomorrow will trigger defaults on two other securities, bringing the total of affected securities to $5.25 billion, bond documents show. [Bloomberg] U.S. Commerce Secretary Touts Climate Change Policies – Commerce Secretary Gary Locke tells delegates at the United Nations Climate Change Conference in Copenhagen that nations must [...]
Job Drought in U.S. May Be Near End as Temporary Help, Working Hours Surge — The worst U.S. employment slump in the post-World War II era may be about to end as companies hasten to hire temporary workers and boost hours, according to economists such as John Ryding and Zach Pandl. [Bloomberg] G.E. Makes It [...]
by Erik on July 3, 2009
in Alternative Energy,Asia,Business Logic,Economy,Green Tech,IBM,Jobs,Markets,New Tech,Obama,Recession,Technology,Unemployment,Weekly Roundup
For Modest Earners, Relief Repaying Student Loans – Repaying a student loan could soon be a little less painful. Starting this week, anyone with a federal student loan can apply for a program, run by the Department of Education, that caps monthly payments based on income, and forgives remaining balances after 25 years. Those choosing [...]
Opening Day: The iPhone 3G S – Hollywood has its red-carpet premieres. The NFL has the opening kickoff celebration. For technology fans, Apple’s rollout of its latest devices are as good as it gets. Tech Recruiting Clashes With Immigration Rules – Half of the engineers working in Silicon Valley were born overseas. Tech Payoff for [...]
Dow turns positive for ’09 – Wall Street ends a mixed week little changed, but investors manage to push the blue-chip average into the plus column for the year. [Via CNN Money] Europe Lags as U.S. Economy Shows Signs of Recovery — There was more evidence Thursday that the United States economy might be stabilizing, [...]