NYtimes reports, on Wednesday, Wachovia ended its six-week search for a new chief by Mr. Steel, the under secretary of the Treasury for domestic finance, as its chief executive. Mr. Steel declined to comment on any plans to cut Wachovia’s dividend or raise additional capital. The bank, which is based in Charlotte, N.C. Mr. Steel, […]
Unions Lend Helping Hand to Midwest Flood Victims
By James Parks for AFL-CIO NOW As last month’s devastating floods in the Midwest crept toward Cedar Rapids, Iowa, Dean Shannon, secretary of Communications Workers of America (CWA) Local 7101, came home to find a Weather Channel van parked in front of his house. “Dean, this can’t be a good sign,” Joie Welsh, the local […]
10 effective tips for stock trading
Trading in the Share Market is becoming more and more popular day by day all over the world. People believe that investing in shares will yield better returns than depositing in a bank. It is believed that in future more people will participate in share trading. It can really be a good source of extra […]
Crude affect: Fares to rise, says Jet Airways
With the hike in global crude prices adversely affecting financial health of airlines, Jet Airways chief Naresh Goyal on Tuesday said there was no way for the global airline industry but to raise fares. "The aviation industry has to raise the fares as and when the hikes come. I am not in a business where […]
Phishing : Hi-Tech Way to Fraud
Time comes again for those who use the Internet for banking have been cautioned about the ‘phishing’ and dangerous, unsolicited e-mails. Phishing is a common term used to describe online fraud. It literally means laying a trap. It is an attempt to criminally and fraudulently acquire sensitive information, such as usernames, passwords and credit card […]
Marie Antoinette, Meet Angelo Mozilo
– by Tula Connell This is a cross-post from the Firedoglake blog. Here’s an idea. Instead of retiring when we turn 65, let’s go to work scrubbing tables at the nearest fast-food outlet. Sound good? Not to most of us. But it’s a future that U.S. workers increasingly are facing. America’s workers aren’t just losing their homes in what […]
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