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Job openings up sharply in January to 2.7M (AP)
AP - Job openings rose sharply earlier this year, evidence that employers are slowly ramping up hiring as the economy improves.
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Texas Instruments CEO pay up 2 percent to $9.8M (AP)
AP - Chip maker Texas Instruments Inc.'s CEO's compensation edged up in 2009, according to calculations by the Associated Press, a recession year that proved difficult for the chipmaker.more
Gas price rises seen gentler on consumer wallets (AP)
AP - As the economy recovers, energy prices are rising and that is placing extra strain on families' budgets.more
Bristol-Myers CEO's 2009 compensation down 22 pct (AP)
AP - The Associated Press has found the chief executive of drugmaker Bristol-Myers Squibb Co. saw his 2009 compensation fall by 22 percent amid the recession.more
Jobless aid measure clears Senate hurdle (AP)
AP - Legislation to give additional months of unemployment benefits to people who have been out of a job for more than half a year cleared a key hurdle Tuesday that guarantees it will soon pass the Senate.
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Greek PM welcomes Obama backing to take on speculators (AFP)
AFP - Greek Prime Minister George Papandreou said Tuesday he had won a pledge from US President Barack Obama to take on the issue of speculators blamed for deepening Greece's economic crisis.
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Cisco unveils system for super-fast Internet (AFP)
AFP - Cisco Systems on Tuesday unveiled super-fast Internet hardware that promises to boost US competitiveness and bolster economic recovery by moving mountains of data at astounding speeds.
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SEC chief economist leaving (AP)
AP - The chief economist of the Securities and Exchange Commission, who is an expert on the financial instruments that figured largely in the 2008 crisis, is leaving his position for the private sector.more
IRS eases rules on tax settlements (AP)
AP - As tax day approaches, the Internal Revenue Service is giving agents more flexibility to work with taxpayers who have seen their incomes drop during the recession.more
Kroger 4Q profit falls 27 percent; margins shrink (AP)
AP - The Kroger Co. is sacrificing some profits to court financially strapped shoppers who are buying more groceries at lower prices, counting on them to keep coming back when better economic days finally arrive.
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W.House's Romer: Too soon for spending clamp-down (Reuters)
Reuters - Clamping down on spending now to cut the gaping U.S. budget deficit would be "pound-foolish" and derail the economic recovery, a top White House economic adviser said on Tuesday.
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Jobless aid, tax breaks clear Senate hurdle (Reuters)
Reuters - Democratic efforts to spur job creation advanced in Congress on Tuesday as a $149 billion package of tax breaks and unemployment aid cleared a procedural hurdle in the Senate.more
U.S. SEC's chief economist to leave agency March 31 (Reuters)
Reuters - The U.S. Securities and Exchange Commission's chief economist, James Overdahl, will be leaving at the end of the month, he said on Tuesday.more
Fed's Evans says labor market weakness pervasive (Reuters)
Reuters - Weak U.S. labor markets are likely to justify easy money policies for quite a while longer, a top Federal Reserve official said on Tuesday.more
Britain's trade deficit widens (AP)
AP - Britain's trade deficit with the rest of the world widened unexpectedly in January after lower sales of chemicals and other commodities led a drop in exports.more
United Technologies cuts CEO compensation (AP)
AP - United Technologies Corp. cut CEO Louis Chenevert's compensation nearly 19 percent last year, according to a document it filed with federal regulators. The company praised his performance but said the recession hurt the conglomerate, especially its aerospace business.more
A look at global economic developments (AP)
AP - A look at economic developments and activity in major stock markets around the world Tuesday:more
Consumer confidence lowest since March 2009: IBD (Reuters)
Reuters - U.S. consumer confidence fell in March to its lowest level in a year, as high unemployment and the ways in which the government is using taxpayer money draw mounting apprehension in households, a research group said on Tuesday.more
Management Education on the Fly (BusinessWeek)
BusinessWeek - Who got us into this mess? It's not just greedy mortgage lenders and irresponsible economists who are responsible for the current financial crisis. Leaders, so called, have played a role too, by not managing their companies and so being detached from what was going on in them. And behind much of this has been an educational process that encouraged such detachment. As I've argued at length in my book, Managers not MBAs, the MBA is fine education -- but in the functions of business, not the exercise of managing. ...more
German bankruptcies up 15.5 pct in December (AP)
AP - German corporate bankruptcies rose in 2009 for the first time in six years, with filings up 15.5 percent on the year in December in the wake of recession, government data showed Tuesday.more