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Mar 20, 2010

BBC Business: March, 20th, 2010


Page last updated at 19:03 GMT, Saturday, 20 March 2010

Unite picket
BA says measures to deal with a strike by cabin crew are working well but unions say scores of planes have been grounded.

Rio Tinto signs China mine deal
Rio Tinto signs a big West African venture deal with China, days before four of its officials go on trial in Shanghai.

Europe 'must act' on Greek debt
The European Commission urges eurozone governments to agree a package of loans to help Greece resolve its debt crisis.

NYT : Morning Business and Editorials, March20th, 2010


In Bid to Sway Sales, Cameras Track Shoppers
Retailers say they are using video cameras to watch customers as a way to make shopping

in stores more enjoyable, but privacy advocates are skeptical.

Consumers Slow to Embrace the Age of Genomics
A big problem is that DNA scanning, in many cases, cannot yet offer meaningful predictions

about a person’s risk for getting a disease.

China’s Growth Shifts the Geopolitics of Oil
While exports to the United States might rebound this year, in the long run the decline in

western demand and the growing importance of China represent a fundamental shift for the
oil market.

More Business News


Fleeing a Sinking Governorship
After yet another resignation in Gov. David Paterson’s administration, it’s time for the

governor to prove he is worthy of the office. If not, he should resign.

The Fishing Lobby Wins Again
The rejection of a proposed ban on international trade in bluefin tuna, which is spiraling 

toward extinction, was largely the result of lobbying by Japan.

Race and Mythology in Drug Laws
When the House takes up legislation on cocaine cases already approved by the Senate, 

it should remove the disparity in sentencing entirely.

Unreality TV: If the Boss Only Knew, He Would Do Something
“Undercover Boss” is bad television, but it is a perfect show for our times with its 

heapinghelpings of false populism.

MarketWatch: The Week's Top Videos Videos, March 20th, 2010

Weekly Roundup
MARCH 20, 2010

The week's top videos

By MarketWatch

In case you missed them, here are the top 10 videos that appeared on MarketWatch for the week of March 15-19:

Who stands to win if Google exits China?

Hopes are fading that Google will be able to reach an agreement with China to remain in business there. With an exit by Google, a big chunk of the search market would be up for grabs, Ben Worthen reports on Digits with Stacey Delo, Eric Savitz and Marcelo Prince.
 Watch Video Report.

Google moves against Apple

Google will be selling the Nexus One with AT&T, but the non-contracted $529 phone will make it a hard sell. It's the latest in a larger battle between the two companies, as Stacey Delo, Niraj Sheth and Peter Kafka discuss on Digits Live Show.
 Watch Video Report.

Now's the time to refinance and pay off debt

The Fed is leaving rates unchanged, but that means they'll eventually go up and markedly so, according to Greg McBride of, who advises refinancing to fixed-rates loans and investing in shorter-term instruments. Kelsey Hubbard reports.
 Watch Video Report.

China's harsh words for U.S.

U.S.-China relations are feeling strained, complicated by political, currency and technology issues, Andrew Browne explains on the News Hub panel.
 Watch Video Report.

Value investing for the next decade

Long-duration investing is about finding well-established companies to buy and hold for the next 10 years, according to fund manager Bill Smead, who favors pharmaceutical, housing and equity-fund plays. Matt Andrejczak reports.
 Watch Video Report.

Company to sell jetpacks

Martin Aircraft Company plans to sell jetpacks later this year. For $100,000, owners will be able to travel 31 miles on a full tank of gas and reach heights of up to 8,000 feet.
 Watch Video Report.

Baidu stock on a tear

Baidu, the Chinese-based Internet search engine, is on the sidelines of Google's dispute with Beijing, enjoying a rapid rise in its stock. Analyst Aaron Kessler of Kaufman Bros. assesses the company's prospects. Interview with Rex Crum.
 Watch Video Report.

Core strength training for men

Core strength can help straighten posture, reduce risk of back and joint injury, and improve athletic performance. But many men fail to incorporate it into their fitness routines. Kevin Helliker gets a lesson in some exercises to improve core strength.
 Watch Video Report.

The economy's vicious cycle

The dearth of credit for hundreds of thousands of small businesses is keeping the economic recovery from gaining momentum. Neil Hickey reports.
 Watch Video Report.

Venezuela buys Chinese warplanes

A first shipment of K8 fighters from China are tested at a ceremony in Venezuela. Caracas says the planes will be used to help curb drug trafficking through the country.
 Watch Video Report.

See the week's Top 10 news and analysis stories.

See the week's 10 best Personal Finance stories.

MarketWatch: This Week top Personal Finance Stories, March 20th, 2010

Personal Finance Daily
MARCH 20, 2010

This week's top Personal Finance Stories

By MarketWatch

In case you missed them, here are the top 10 Personal Finance stories from MarketWatch for the week of March 15-19:

One family's nightmare struggle to keep their home

Marianne Gentry, 66, lives with her disabled husband and desperately ill son. And they're about to get kicked out of their home.
Part 1 of Special Report: One family's struggle to save their home.

Mortgage-modification program has major flaws

Marianne Gentry learned her home was in foreclosure from a recorded message from her bank. So she and her husband and son packed their belongings, expecting to get kicked out any day.
Part 2 of Special Report: Mortgage-modification program has major flaws.

Government, lenders try ways to make short sales simpler and quicker

Short sales are a valuable tool for struggling homeowners, but they've been notoriously difficult to complete, with buyers and sellers often playing a long waiting game before hearing back from lenders. Now, however, a new government program plus some lender initiatives may make for shorter wait times and a smoother process.
See story on speeding up the short-sale process for homeowners and buyers.

The best way to get a new job fast

This week, President Barack Obama signed the H.I.R.E. Act into law. It stirred up lots of excitement and sarcasm -- as does every new tax law and politically based economic incentive. Let's not waste time with criticism. Let's see what's in this for you!
See TaxWatch.

Health reform a hot topic in bioethics circles

Bioethicists are often associated with exotic, scary-sounding scenarios such as human cloning, but it turns out they spend a lot of time weighing something far more familiar: Health-care reform.
See Vital Signs.

Two major barriers to your retirement plans

When it comes to retirement, there are lots of things to consider: tax rates, earthquakes, and drug interactions to name a few. But experts say there are two big elephants in the room with which many of us will have to deal, sooner or later.
See Robert Powell.

Recession spurs some to stick with jobs for life

Say goodbye to free-agent nation. The recession is driving more American workers to become workplace "nesters," sheltering from the storm that is now the job market by staying with the same employer for as long as possible, according to a study released Tuesday by consulting firm Towers Watson.
See story on how recession has spurred some to stick with jobs for life.

Working mothers' tips for job seekers

Generations of working mothers have had to learn how to stay professionally relevant and avoid income shocks despite the résumé gaps that can come along with a new baby. With millions of jobs lost since the recession began, and fierce competition for open spots, mothers may be in a great position to offer some needed advice.
See Diary of a Recession Baby.

A time to buy and a time to sell

Mark Twain famously observed that October is one of the most dangerous months to speculate in stocks. The others, he added, "are July, January, September, April, November, May, March, June, December, August and February."
See story on how to profit from seasonal patterns in stocks.

Commentary: View of mutual funds depends on where you stand

Want a reason not to buy and hold mutual funds? See the last 10 years. Want a reason to invest for the long haul? See the last 20. Fund critics can use the last decade to say that fund investing doesn't work, and fund supporters can use the last two decades to show the opposite.
See Chuck Jaffe.