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A Dearth of Work for China's College Grads (BusinessWeek)

September 3, 2010

BusinessWeek - The job hunt came as a shock. The 23-year-old job seeker graduated in June from a good school -- Beijing University of Technology -- with a bachelor's degree in materials science, a subject he figured would appeal to employers. Yet he had to go through scores of interviews and comb the online job sites endlessly before landing a job at a local trading company. Happy ending? Barely. The pay, $368 a month, is meager by Beijing standards, so he has had to move back in with his parents and he's too ashamed about the outcome of his job search to give his name. ...

S.Korea's Kia to recall 35,000 cars in US (AFP)

September 3, 2010

The logo of South Korean car firm Kia Motors. The country's second largest carmaker has said it is recalling about 35,000 vehicles sold in the United States due to faulty wiring in interior lights that could cause fires.(AFP/File/Stan Honda)AFP - South Korea's second largest carmaker Kia Motors said Friday it is recalling about 35,000 vehicles sold in the United States due to faulty wiring in interior lights that could cause fires.


Stock index futures dip ahead of payrolls (Reuters)

September 3, 2010

Traders work on the floor of the New York Stock Exchange, August 31, 2010. REUTERS/Brendan McDermidReuters - Stock index futures pointed to a slightly lower open on Wall Street on Friday, with futures for the S&P 500 down 0.21 percent, Dow Jones futures down 0.17 percent and Nasdaq100 futures flat at 0725 GMT (3:25 a.m. ET).


'Crocodile Dundee' to return to US amid tax fray (AP)

September 3, 2010

** FILE ** In this April 18, 2001 file photo, Australian actor Paul Hogan, star of the 'Crocodile Dundee' movie trilogy, poses in front of a movie poster for 'Crocodile Dundee in Los Angeles,' at a screening of the movie, at the Paramount studios in Los Angeles, Calif. Hogan has been cleared to return home to the United States after he was barred last month from leaving Australia because of a disputed tax bill, his lawyer said Friday, Sept. 3, 2010. (AP Photo/Rene Macura, File)AP - Actor Paul Hogan, star of the "Crocodile Dundee" movie trilogy, has been cleared to return home to the United States after he was barred last month from leaving Australia because of a disputed tax bill, his lawyer said Friday.


Latest Gulf oil rig problem differs from BP spill (AP)

September 3, 2010

Boats are seen spraying water on an oil and gas platform that exploded in the Gulf of Mexico, off the coast of Louisiana., Thursday, Sept. 2, 2010. All 13 crew members were rescued.  (AP Photo/Gerald Herbert)AP - Stark differences exist between the oil platform fire in the Gulf of Mexico and the blast that led to the massive BP spill. Mostly notably, no one was killed and no crude was gushing into the water, but the distinctions don't end there.


Con man could get life under Calif. 3-strikes law (AP)

September 3, 2010

AP - A man accused of bilking elderly South Los Angeles residents out of their homes in a foreclosure scam is facing a potential life sentence in a rare use of California's three-strikes law for a white-collar crime.

Business Highlights (AP)

September 3, 2010

AP - Discounts spur surprising Aug. retail sales gains

IMF to give Pakistan $450 mln in flood aid (Reuters)

September 3, 2010

Flood victims left without receiving aid for three days reach for food handouts donated by a group calling themselves Muslim brothers in Pakistan's Muzaffargarh district of Punjab province September 2, 2010. REUTERS/Damir SagoljReuters - The International Monetary Fund will give Pakistan $450 million in emergency flood aid and disburse funds in September to help the country's economy cope with the devastation, the head of the IMF said on Thursday.


5 Tax Moves to Make Now (U.S. News & World Report)

September 3, 2010

U.S. News & World Report - It may seem a bit strange to be talking about income taxes in September. There are, however, good reasons to think about taxes well before April 15. For starters, there are some big changes in the tax code that go into effect in 2011. Depending on your income tax bracket and investments, some simple planning now could save you a bundle later.

EU reaches deal on cross-border financial supervisors (AFP)

September 3, 2010

Europe took a big step closer to its goal of creating cross-border financial supervisors, reaching a AFP - Europe took a big step closer on Thursday to its goal of creating cross-border financial supervisors, reaching a "crucial milestone" in efforts to reform a sector blamed for the global recession.


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