Latest Business News -

ACORN sliding toward bankruptcy? (The Christian Science Monitor)
The Christian Science Monitor - The indelible images of ACORN workers helping a faux pimp and prostitute set up a tax shelter for a brothel certainly played into the advocacy group’s slide toward bankruptcy, though its problems began long before last year’s scandal.

Out-Frenching the French (BusinessWeek)
BusinessWeek - Ooh la la! Our family's INSEAD MBA (INSEAD Full-Time MBA Profile) experience feels like one intense Twilight Zone episode. Time has lost all value, and it's difficult to pinpoint when my husband, Mark, actually attended his first lecture. Was it four months ago or four days ago? Or has it been four years now? Standard calendars confirm the program commenced in September 2009, but the whirlwind of events that has transpired since then has aged me several years. ...

London shares rise, boosted by Lloyds (AFP)

Leading shares rose in early deals, boosted by state-rescued bank Lloyds' forecast of a return to profit in 2010 after two years of losses.(AFP/File/Shaun Curry)AFP - Leading shares rose in early deals on Friday, boosted by state-rescued bank Lloyds' forecast of a return to profit in 2010 after two years of losses.


Pay czar trims salaries at top of GM exec ranks (Reuters)
Reuters - The U.S. pay czar will slash the number of top General Motors Co executives who will receive base salaries of more than $500,000 this year.

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