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Mark Hurds Oracle Move: Analysts Weigh-in On Saga
Found on Business Pundit on Wed 8th Sep 10
The lawsuit filed yesterday seeking to stop former Hewlett-Packard chief Mark Hurd's move to Oracle, doesn't seem to be helping H-P shares too much Wednesday. The stock is down more than 3%.
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Economic Jolt: Job Openings and Labor Turnover July 2010
Found on Calculated Risk on Wed 8th Sep 10
Today, the Bureau of Labor Statistics released their latest monthly read of job availability and labor turnover (JOLT) showing that private non-farm job openings increased 7.33% since June and rose 33.09% above the level seen in July 2009, job hires increased
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Uncertainty and the Cyclical vs Structural Unemployment Debate
Found on Macroeconomic Resilience on Wed 8th Sep 10
There are two schools of thought on the primary cause of our current unemployment problem: Some claim that the unemployment is cyclical (low aggregate demand) whereas others think it’s structural (mismatch in the labour market). The “Structuralists”
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Half of All Union Members Live in Six States
Found on CARPE DIEM on Mon 6th Sep 10
Linda Chavez makes an important observation:Half of all union members in the U.S. live in just six states: California, New York, Illinois, Michigan, Pennsylvania and New Jersey. But even in most of those states, Democrats are having trouble. In California,
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Sorkin: Lehman's Last Hours
Found on DealBook on Tue 7th Sep 10
New e-mails and notes released as part of a commission's investigation provide a different version of the demise of Lehman Brothers, The New York Times's Andrew Ross Sorkin writes in his latest DealBook column.
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Government in the Mortgage Business, by Arnold Kling
Found on Kudlow's Money Politic$ on Wed 8th Sep 10
The New York Times reports, "This is subprime lending done right," said John Taylor, president of the National Community Reinvestment Coalition, an umbrella group for 600 community organizations, and a staunch critic of the lending industry. He is talking about
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IKEA Sells Used Furniture (Only in Sweden for Now)
Found on TreeHugger on Tue 7th Sep 10
Photo: Flickr, CC Might Expand to Other Countries Speaking of "Reduce, Reuse, Recycle", IKEA Sweden wants to make it easier for owners of old IKEA furniture to give it a second life. Against their own commercial interest, the company is offering a free online
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Mortgage Rates and Home Prices
Found on Economix on Wed 8th Sep 10
It's hard to see a strong relationship over the last three decades.
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What is the Role of the State
Found on Economist's View on Tue 7th Sep 10
When I teach the History of Economic Thought, one thing we focus on is how views on the role of the state have changed over time. It has a natural cycle to it, with eras such as the highly interventionist Mercantilist years followed by Physiocratic and Classical
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Biz journalism funded by shorting no worse than other types
Found on Talking Biz News on Wed 8th Sep 10
Felix Salmon of Reuters blogs about the recent American Journalism Review article questioning the ethics of business journalism funded by shortselling.Salmon writes, “The fact is that shorts, much more than longs, have every incentive to be absolutely
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