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Got Digg Swag?Canada’s jobless rate jumps to 6.6 per cent
money.canoe.ca — The deepening recession took another bite out of Canada’s labour market in December as the country shed 34,400 jobs — 70,700 full-time losses party offset by part-time gains — and the unemployment rate jumped three-tenths of a point to 6.6 per cent.More… (Business & Finance)
eriathwen
Colleges Profit as Banks Market Credit Cards to Students
nytimes.com — Bank of America employees on the campus of Michigan State University in East Lansing, Mich., offered give-aways like water bottles, backpacks, games and other items, trying to persuade students to sign up for credit cards and other banking services.More… (Business & Finance)
1KrazyKorean
Customer Bills Phone Company For Time Wasted, Gets Paid!
consumerist.com — After the column ran and his problem was resolved — Howard tallied up the expenses and sent One Communications a bill. For $5,481.16. And the company agreed to pay it.More… (Business & Finance)
msaleem
$173 Million in Madoff Checks Reportedly Found
nytimes.com — Arguing that Bernard L. Madoff’s bail should be revoked, prosecutors cited more evidence that he was hiding assets.More… (Business & Finance)
jboitnott
10 Big Ideas That Started in College
collegeotr.com — While most people were messing around in college, getting with as many people as they could and drinking as much as possible, there were a select few who actually made something of themselves. The initial ideas for some of the most promising companies today originated in college.More… (Business & Finance)
irfanmp
Where Has Bernie Madoff Buried His Loot?
time.com — After 20 years, a person like Madoff could stash away lots of bearer bonds, for a lot of money, in a lot of places.More… (Business & Finance)
Posting Negative Reviews Could Get You Sued
pcworld.com — A doctor is suing his patient after he discovered the man posted a negative review of his practice on Yelp.More… (Business & Finance)
JamesBondJr
Bad Things (or Layoffs) Happen to Other People
gigaom.com — Despite the dismal economy, widespread layoffs and rising unemployment, a large majority of employees are optimistic about their future, according to a recent survey. 4 out of 5 adults are not concerned about layoffs - it must be happening to "some other people"More… (Business & Finance)
Shiner76Chicago Schools Spent $67,000 on Espresso Machines
upi.com — "We also look at it as a waste of money because the schools didn't even know they were getting the equipment, schools didn't know how to use the machines and weren't prepared to implement them into the curriculum," Sullivan said.More… (Business & Finance)
Burento
Financial Casualty: Why Adolf Merckle Killed Himself
time.com — Crushed by watching his life's work slip through his fingers, Adolf Merckle, the 74-year-old Swabian billionaire, walked out into the bitter cold Monday night and threw himself under a speeding train.More… (Business & Finance)
smilingcandle23 Dumbest Moments in Business 2008.
walletpop.com — Fortune's annual list of the year's most laughable moves proves that, even in moments of crisis, stupidity lives on.From former Countrywide CEO's accidental reply-all e-mail to reports of Steve Jobs' death(he's still alive), click through our gallery as Fortune picks the 21 dumbest moments in business for 2008.You won't know whether to laugh or cryMore… (Business & Finance)
nitmeh3U.S. Seeks to Imprison Madoff for $1 Million Transfer
bloomberg.com — U.S. prosecutors asked a federal judge to imprison Bernard Madoff as he awaits trial, arguing his $10 million bail should be revoked because he transferred $1 million of valuables in violation of an asset freeze order. More… (Business & Finance)
SurferessGerman billionaire Adolf Merckle jumps in front of Train
cnbc.com — German billionaire Adolf Merckle, who last year joined the ranks of investors who were caught on the wrong foot by an unprecedented surge in carmaker Volkswagen's shares, died after being hit by a train on Monday evening, Die Welt newspaper reported in its online edition, citing police. More… (Business & Finance)
chicagojackTreasury's Paulson Gets It Wrong (Surprise!)
forbes.com — In a recent interview with the Financial Times, U.S. Treasury Secretary Hank Paulson blamed the credit crisis on global imbalances. Specifically, he repeated a storyline popularized by Alan Greenspan and Ben Bernanke: that a global savings glut (otherwise known as an imbalance) pushed interest rates down around the world...More… (Business & Finance)
EMFK
Oil up 38% since Christmas.
money.cnn.com — Oil prices soared again Monday - moving closer to the $50 mark - as the movement of Israeli forces into the Gaza Strip this weekend added to worries about Middle East supply disruption.More… (Business & Finance)
hsinray
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