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Archive for November, 2009

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A recovery in U.S. housing will have to wait at least until next year. The outlook for the home market dimmed this week as residential construction and mortgage applications fell and loan delinquencies reached a record.

Gov. C.L. “Butch” Otter’s budget chief says he’s moonlighting as state human resources administrator to help spare one job in his office from elimination.

A stronger dollar and more discouraging signs of a subdued economic recovery triggered a broad sell-off in stocks.

Kingax announced all their product series of USB Flash Drive and DRAM products have passed Windows 7 compatibility test and are qualified to use the “Compatible with Windows” logo on the product packages. The latest Windows operating system was officially released on October 22, 2009.
The “Compatible with Windows 7” Logo is designed to help [...]

Across the country, businesses already strapped by the economy to turn a profit are sacrificing or scaling back employee health insurance plans because of their escalating costs.

CL Infosystems and chipmaker Intel announced the launch of the first of WiMax-enabled nettops and laptops in the country. The product will be commercially available within three months. Said Ajai Chowdhry, chairman and CEO, HCL Infosystems.
“The cost of the devices will be a bit higher than conventional laptops, as it includes the WiMax access device,” [...]

The U.S. Securities and Exchange Commission moved Monday to freeze the assets of what it called a Ponzilike scheme centered in Colorado and Pennsylvania.

More than 15 million taxpayers could unexpectedly owe taxes when they file their federal returns next spring because the government was too generous with their new Making Work Pay tax credit.

Wall Street bankers make too much money — on that the American public may be in near-unanimous agreement.

Ohio and New Jersey have reached a $400 million settlement in a class action investor lawsuit against insurance broker Marsh & McLennan Cos.

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