White House to launch job-creating start-up effort
WASHINGTON (Reuters) - The White House will announce an effort on Monday to encourage job-creating start-up businesses in hopes of reducing the country's stubbornly high unemployment rate.
Consumer spending, trade buoy U.S. economy in Q4
WASHINGTON (Reuters) - The U.S. economy gathered speed in the fourth quarter to regain its pre-recession peak with a big gain in consumer spending and strong exports, removing doubts about the recovery's sustainability. | Video
WikiLeaks: The Next Generation
BERLIN (Reuters) - All across Europe, from Brussels to the Balkans, a new generation of WikiLeaks-style websites is sprouting.
Management Tip of the Day: Add structure to social media
BOSTON (Reuters Life!) - Can social media be adapted by companies to add business value without being a drain on productivity as employees spend their time tweeting and Facebooking? Harvard Business Review says yes.
Budget deficit to hit $1.48 trillion
WASHINGTON (Reuters) - The U.S. budget deficit this year will jump nearly 40 percent over prior forecasts, mostly due to the mammoth tax-cut package brokered by President Barack Obama and lawmakers last month, the Congressional Budget Office said on Wednesday. | Video
Snow boosts jobless claims, durable orders mixed
WASHINGTON (Reuters) - New U.S. claims for jobless benefits surged last week as snowstorms in some parts of the country kept workers at home, but the underlying trend pointed to an only gradual labor market improvement.
Buzzdeck could tell if you're gonna be a rock star
LONDON (Reuters) - For a virtually unknown 16-year-old British ukulele player and singer, Misty Miller already boasts an impressive international following. | Video
Oklahoma town demolished over lead contamination
KANSAS CITY, Missouri (Reuters Life!) - Most of its residents left, the school closed, the city government was disbanded and starting this week nearly every commercial building in Picher, Oklahoma, will be demolished.
Mother's angst spawns preemie pillow business
CHICAGO (Reuters) - Yamile Jackson's son was born three months premature, weighing less than two pounds. Leaving him in an incubator every night caused her so much stress, she designed a solution: a pillow shaped like a human hand.
Obama calls for cut in corporate tax, loopholes
WASHINGTON (Reuters) - U.S. President Barack Obama called on lawmakers on Tuesday to work with him to cut the corporate tax rate, but his pitch to offset lost revenues by slashing tax breaks cherished by companies could stall the effort.
Is Bono's VC firm in turmoil?
(VentureBeat) - Marc Bodnick's sudden exit from Elevation Partners - the private-equity firm co-founded by Bono - leaves some unanswered questions. The biggest: whether investors will want to back Elevation without Bodnick on board? Full Article
Building a media 2.0 empire on funny cats
Ben Huh is the man behind the company that was created out of boredom and funny cat photos to become one of the Web's fastest-growing media firms - Cheezburger Network. Full Article | Video
Obama should help small business, but not too much
Government leaders must provide program overhaul and streamlined processes that have been honed by the principle less is more. Then we all benefit. More jobs. More tax revenue. More services that can meet growing demands.
Mother's angst spawns preemie pillow
Yamile Jackson's son was born three months premature, weighing less than two pounds. Leaving him in an incubator every night caused her so much stress, she designed a solution: a pillow shaped like a human hand. Full Article
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