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NEW media responsible for bringing down Rupert Murdoch and News Corporation- Arianna Huffington

Mon, 18 Jul 2011 13:56:00 -0400

Arianna Huffington co-founder of the news website The HuffingtonPost suggested it is NEW media, responsible for bringing down Rupert Murdoch and News Corporation. Tim Armstrong and Arianna Huffington talked about the merger of their companies in February 2011, and the impact of the Internet on journalism. Ms. Huffington also spoke about the phone hacking scandal [...]

French Parliament Approves Raising Retirement Age, Despite Striking Workers

Wed, 27 Oct 2010 16:03:00 -0400

France's Parliament voted to raise the retirement age from 60 to 62 in a move supporters say may preserve the country's pension system. Yet the proposal has also caused nationwide strikes.

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French Parliament Approves Raising Retirement Age, Despite Striking Workers originally appeared on DailyFinance on Wed, 27 Oct 2010 16:03:00.

Filed Under: Economy

Daily Futures Commentary May 12, 2010

Wed, 12 May 2010 09:00:00 -0400

May 12, 2010 Stocks Called Better; Volatility to Remain High U.S. Equity markets turned positive overnight after Spain announced new austerity measures. This action helped to ease worries over Euro Zone sovereign debt problems. One of the biggest fears affecting Wall Street has been the fear of contagion in Europe. This aggressive move by Spain sent a signal to investors that it was going to be more aggressive than Greece while making attempts to contain its budget deficit and debt expansion. On Tuesday, stocks markets failed to hold onto earlier gains and finished lower for the session. Speculation that a new U.K. government had been formed helped draw buyers into the market while triggering liquidation by weaker shorts. The news out of the U.K. was positive because…

Cable Stumbles as Hung Parliament Appears Likely

Mon, 01 Mar 2010 14:12:39 -0500

Fears of a hung parliament continue to weigh on the pound as the beleaguered currency fell to a 10-month low on Monday. Prime Minister Gordon Brown is required to call a national election by June ...

Folk-Rocker Billy Bragg Declares War on Banker Bonuses

Fri, 22 Jan 2010 10:00:00 -0500

Billy Bragg is at it again. The singer-songwriter has always had a tendency to throw his folk-rock weight behind political causes, and this time it's Britain's Royal Bank of Scotland that is feeling the pressure over banker bonuses. The 53-year-old musician, who has collaborated with R.E.M., Natalie Merchant and Wilco, has started a rabble-rousing campaign urging U.K. citizens to withhold their taxes until the government puts the kibosh on the £1.5 billion ($2.4 billion) that RBS plans to award to its bankers.

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Folk-Rocker Billy Bragg Declares War on Banker Bonuses originally appeared on DailyFinance on Fri, 22 Jan 2010 10:00:00.

Filed Under: People