Archive for January 18, 2008

Dow off 60; a huge earnings week is ahead

Stocks fall for a fourth straight week. The president's $145 billion stimulus plan doesn't excite. Takeover talk spurs Washington Mutual shares. Advanced Micro Devices shares jump 12%. Markets are closed Monday for the Martin Luther King Jr. holiday. A big week of earnings is on tap.

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Hula Hoop entrepreneur dies

Richard Knerr, co-founder of the company that introduced America to the Hula Hoop, the Frisbee and other iconic toys, died on Monday, January 14th. The 82-year-old entrepreneur passed away at Methodist Hospital after suffering a stroke earlier in the day at his home in Arcadia, Calif.

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Why Bush’s bailout wouldn’t work

Everyone from the White House and the presidential candidates to your barber has a plan to ward off a recession -- and they're mostly lousy ideas that'll waste our tax money.

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‘Not my department’ costs stores dearly

Half of all shoppers encounter 'multiple problems' on typical visits to stores, according to researchers, who found that nothing aggravates like shoddy customer service. 

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A push for paid sick leave laws

Washington, D.C., is moving forward with a bill that would make it the second city in the U.S. to require all businesses, including those with fewer than 10 employees, to provide paid sick leave for their staff.

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How to handle a problem employee

Dear FSB: I have an employee who does her job well but lacks tact. There has been tension between her and her co-workers and no one wants to work with her anymore. She called my house in tears claiming she is fed up and she is looking for other job opportunities. Is it safe to assume that she has given me her notice to leave?

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The next banking crisis on the way

Write-downs for high-risk, high-yield corporate debt, known as 'junk,' could dwarf losses in the mortgage mess. And that's when this financial crisis will finally hit bottom.

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4 ways to recession-proof a 401(k)

The bears are lurking. These four strategies -- from the safe to the aggressive -- can help you protect or even grow your nest egg in this downturn.

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Post-divorce finances: A primer

If you're looking at a drop in lifestyle, here are some steps you can take to make the transition easier -- and to avoid problems down the road.

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Divorce 101: Restoring your finances

Your lifestyle will almost certainly change when one household becomes two. You'll need a new budget -- and a realistic look at what you can afford for the next few years.

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Should you buy a used hybrid?

Pre-owned hybrids present a different set of financial considerations. Here are some factors to consider, including depreciation, maintenance costs and insurance.

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Headley, and cash, are king

It's that time of the year when we all like to look back and take stock. And judging from the course of Strategy Lab, it's been a tough year for buying stocks.

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Businesses for Sale