Express Independently
AP – A federal law may limit how much BP has to pay for damages such as lost wages and economic suffering in the Gulf Coast oil spill, despite President Barack Obama’s assurances that taxpayers will not be on the hook.
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Federal law may limit BP liability in oil spill
(AP)
Reuters – Citing the massive oil slick in the Gulf of Mexico that threatens several U.S. states, Governor Arnold Schwarzenegger said on Monday that he no longer will support a plan to expand drilling off California’s coast.
Original post:
California governor no longer backs offshore oil plan
(Reuters)
AP – United and Continental Airlines are counting on more business travelers — not higher fares for vacationers — to make their $3 billion merger pay.
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United-Continental looking to business travelers
(AP)
Reuters – New York City’s income tax revenue rose slightly in April, a financial source said on Monday, an indication hiring could be gaining as the city fights a string of multibillion dollar budget deficits over several years.
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Rise in NYC income tax revs shows brighter economy
(Reuters)
AP – Investors sent stocks soaring Monday after getting a boost of confidence from the latest economic reports and Warren Buffett’s defense of Goldman Sachs.
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Stronger economic reports pull stocks higher
(AP)
AP – Wal-Mart Stores Inc. has agreed to pay $27.6 million to settle allegations that it improperly handled and dumped hazardous waste at stores across California in a case that led to changes in the retailer’s practices nationwide, prosecutors said Monday
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Wal-Mart to pay $27.6M in California dumping case
(AP)
AP – Goldman Sachs has disclosed information about a half-dozen lawsuits filed against it by shareholders accusing the big Wall Street firm and top executives of misconduct and abuse in the wake of civil fraud charges brought by the government over mortgage securities deals.
Original post:
Goldman discloses shareholder suits
(AP)
AP – Chancellor Angela Merkel’s Cabinet approved legislation on Monday that would give Greece euro22.4 billion ($29.6 billion) over three years as part of a wider bailout, as the German government acknowledged that letting Greece go bankrupt could send the euro into a tailspin and hurt Germany’s own economy.
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Merkel: $29.6 billion in aid for Greece planned
(AP)
AFP – The massive oil slick threatening the Gulf of Mexico’s coastline could wreck the US economy’s fragile recovery and lead to a “double-dip” recession, an investment firm warned Monday.
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US oil slick could trigger ‘double-dip’ recession: analyst
(AFP)
AP – GMAC Financial Services on Monday posted its first quarterly profit in more than a year and announced plans to rename itself Ally Financial Inc., as the consumer lender aims to put a failed foray into the mortgage business behind it.
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GMAC posts 1Q profit, plans to rename itself Ally
(AP)
AFP – The Europe-IMF bailout package for Greece will allow Athens to avoid borrowing on the markets for 18 months, IMF chief Dominique Strauss-Kahn told Le Monde daily on Monday.
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Greece shielded for 18 months: IMF chief
(AFP)
The purpose of this thread is as a discussion of the recommendations in the Henry tax review in the absence of party political discussion. Henry’s recommendations as follows; http://taxreview.treasury.gov.au/con…chapter_12.htm Below are some recommendations from the review with additional thoughts on further simplification.
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Henry Tax Review – Discussion of recommendations
The Internet has opened the doors to what used to be the mysterious world of financial trading. People can now trade live from the comfort of their own home or office by placing real-time orders with online brokers. Essentially, this has placed the entire decision making process firmly with the trader.
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The Ultimate Forex Brokerage Offers Small Retail Traders The Same Quality Feed As Large Investors
The Home Buyer Tax Credit that Has helped increase the slow pace of home sales the past two years is ending this evening.For those who have not entered into a contract by midnight tonight .you have now officially missed out on one of the best opportunities to buy a home in years.
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Essex Mortgage Bank In Santa Rosa Announces The End Of The Homebuyer Credit
AP – Oil prices fell below $86 a barrel Monday in Asia as traders eyed whether a massive crude spill in the Gulf of Mexico would slow imports to the U.S.
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Oil below $86 as traders eye Gulf crude spill
(AP)
Reuters – European finance ministers triggered a record 110 billion euro ($147 billion) bailout for debt-stricken Greece on Sunday after Athens committed itself to years of painful austerity.
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EU, IMF agree 110 bln euro bailout for Greece
(Reuters)
Reuters – Warren Buffett on Sunday stood by his feisty defense of a controversial mortgage transaction marketed by Goldman Sachs Group Inc, saying the investment banks behavior did not warrant public opprobrium.
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Buffett stands by defense of Goldman transaction
(Reuters)
AP – Even as the economic recovery plods ahead, many American consumers are refusing to come along.
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Frugality among consumers is outliving recession
(AP)
AP – The fear that stocks are overdue for a correction has gnawed at many investors for months.
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May through October often dark months for stocks
(AP)
AP – A pony-tailed Greek on a motorcycle pulled up onto the sidewalk, hunting for a better parking spot, and an elderly tourist with a crutch shuffled out of the way. The good-natured driver explained his illegal maneuver with a smile
Original post:
Greeks and the state: an uncomfortable couple
(AP)
AP – European governments and the International Monetary Fund on Sunday committed to pull Greece back from the brink of default, agreeing on euro110 billion in emergency loans on the condition Athens make painful budget cuts and tax increases.
Welcome to the May stock tipping competition everyone! 
The competition this month is proudly sponsored by Stator-AFM . Stator-AFM is portfolio management software designed to give you total control over all your trading activities. Stator enables you to measure and understand every aspect of your financial returns.
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May Stock Competition Entries!
Team for the ANZAC test versus the New Zealanders .. 1) Bill Slater (QLD Origin player) 2) Brett Morris 3) Greg Inglis (QLD Origin player) 4) Jamie Lyon 5) Jarryd Hayne 6) Darren Lockyer (QLD Origin player) 7) Cooper Cronk (possible QLD Origin player) 
David Shillington (QLD Origin player) 9) Cam Smith (QLD Origin player) 10) Petro Civoniceva (QLD Origin player) 11) Luke Lewis 12) Sam Thaiday (QLD Origin player) 13) Paul Gallon Unlikely to play Manu Vatuvei & Frank Pritchard sees the Kiwis understrength and taking second place again this year.
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Australian Rugby League Test
I am confident that you are pretty well conscious of YouTube. It, by and large, is a video sharing website on which users can upload and share videos, makes use of Adobe Flash Video technology so as to demonstrate a wide variety of user-generated video content, including movie clips, TV clips, and music videos, in addition to unpaid content such as video blogging and short original videos. Now do you know that the same YouTube can be used to generate free, targeted MLM leads?
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vip news : Depend on YouTube to generate more MLM leads
Let’s conform to a simple assertion at the very outset. It is said that casino online gambling is the most money spinning game hitherto and we do stick to the same. But, at one fell swoop, it’s not everyone’s cup of tea and in order to win you have to have acumen, proficiency, intelligence and fortitude along with knowledge of the very game.
Original post:
vip news : Play online Blackjack ; win lots
We have to clear certain disputes at the outset. The popularity of online casinos over the years has been increasing to a large extent and several factors are behind this. The most important of them is that you can play the casino game of your choice from the conveniences of own residence, sooner than visiting a land-based casino in close proximity
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vip news : Digital casino games busines getting popular
Reuters – Warren Buffett on Saturday said his Berkshire Hathaway Inc (BRKa.N) (BRKa.N) (BRKb.N) swung to a first-quarter profit, and said operating earnings improved as the company benefited from a recovering economy.
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Berkshire swings to profit, operating profit up
(Reuters)
I like most my age had some reservations about how well Jessica had been prepared for an around the world sailing attempt at the tender age of 16 years old the same age as my own daughter. Always great to be proved wrong by the younger generation and Jessica has certainly done that. Currently Jessica is sitting in 10 meter breaking swells with strong winds waiting for a break in the cold fronts marching through the Souther Ocean so she can get around the bottom of Tasmania and head home up the eastern sea board
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Jessica Watson
It looks like Turnbull now has the numbers to regain the leadership of the Liberals. I would be surprised if there would not be some Abbot supporters that are losing faith in his ability to win government and they are switching back to favouring Malcolm. I may even change my vote and vote Coalition again if he is the contender for PM.
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Turnbull for PM
AFP – Honda Motor Company’s luxury vehicle division Acura announced Friday a recall of some 167,000 Acura TSX models to replace a power steering hose that could lead to a “smoke or a fire” hazard.
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Honda recalls 167,000 Acura TSX for possible fire hazard
(AFP)
AP – Battered by a tidal wave of loan defaults, mortgage finance company Fannie Mae is tightening standards for the adjustable-rate and interest-only loans that fed the housing boom and contributed to the bust.
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Fannie Mae tightens lending standards
(AP)
Makes me lol that a “Nth West Iron Ore Alliance” consisting of Atlas ,Brockman and Ferraus have got “permission” from the ACCC to collectively negotiate for rail access to BHP ,RIO’s and Fortescue networks in W.A. (Fortescue endorse the group because they want access toBHP ,RIO’s network). BHP and RIO have time and again stated that the networks are at capacity (yeah like they want to let them on anyway) and all this does is make it easy for them to give a collective “NO” once instead of 3-4 times.
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Railway Alliance, what a Joke!
AP – Eastman Kodak Co. said Thursday it posted a $119 million profit in the first quarter in contrast to a large loss a year ago, lifted by inkjet printer sales and a settlement deal with Samsung Electronics Co
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Kodak posts profit, but misses view, shares tumble
(AP)
Reuters – From its opening moments — when three giant blind mice make their way onstage tapping their canes — it’s clear that Lucy Pebble’s “Enron” is not going to be a standard theatrical docudrama. This scathing depiction of one of history’s most egregious examples of corporate malfeasance whips out every theatrical trick in the book to get its points across. But for all its undeniable inventiveness, the play is curiously uninvolving.
Investor’s Business Daily – Shutterfly (NMS:SFLY), an e-commerce firm selling digital photo products, narrowed its Q1 loss to 18 cents a share, 6 cents over views. Sales grew 27% to $46 mil, above estimates. It sees a Q2 loss below views.
Excerpt from:
Shutterfly
(Investor’s Business Daily)
Ben Patterson – So, what do Nokia and RIM have in common? The two smartphone titans are both saddled with operating systems that look painfully behind the times compared with competitors such as the iPhone and the new Android-powered HTC Incredible, and both are looking to turn their respective tides this year: RIM with its just-unveiled BlackBerry 6.0 operating system, and Nokia with its new N8 handset, complete with a 12-megapixel camera and the redesigned Symbian^3 OS.
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Nokia swings for fences with N8 smartphone, revamped Symbian OS
(Ben Patterson)
PC World – Nokia announced on Tuesday its latest smartphone, the multimedia-heavy N8, featuring a 12-megapixel camera and HD video recording. Its hardware specs could make any iPhone user jealous, but as the first phone to feature the latest iteration of the Symbian OS, the N8 will have to prove that Nokia’s software is a worthy competitor, too.
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Nokia N8 Boasts Beefy Specs, Revamped Symbian 3 OS
(PC World)
AP – Authorities seized computers, digital cameras, a cell phone and other items from a technology blog editor who posted pictures and details of a lost iPhone prototype.
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Police seize gear from Gizmodo iPhone blogger
(AP)
Successful small businesses come in all sizes and specialties, but their leaders all share one essential attribute: positive, can-do attitudes that transcend everything they do. Believing in yourself and your ability to succeed does more than simply sustain you through the challenges of getting your business started. Complete Article
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Small Businesses with Positive Attitudes
Reuters – Japan’s Canon Inc (7751.T) raised its annual outlook closer to market expectations on Monday after robust demand for digital cameras and printers powered up its quarterly profit by more than fourfold.
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Canon raises 2010 outlook on digicams, printers
(Reuters)
The head of the Small Business Administration today said the agency has cracked down on companies posing as if they were owned by service-disabled veterans, a scheme uncovered by a recent investigation. The Government Accountability Office exposed fraud in several of SBAs small-business programs, including the program that sets aside contracts for small companies owned by service-disabled veterans.
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SBA Cracks Down on Small Businesses
Applying for venture capital is not quite as informal as the ABC TV show Shark Tank would have you believe. Before you have the opportunity to present your idea or invention to the sharks, paperwork filing, business-plan writing and demographic analysis must be conducted. Many of these firms receive up to 5,000 business plans per year, all competing against your business plan for funding consideration.
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How to Attract Small Business Investors
Small business owners may be feeling the pinch of recession more than any other type, according to a recent report released by National Federation of Independent Business. The optimism has been among all time low at 86.8 compared to 88, last February
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Economic Survey Shows Small Business Owners Have Deep Uncertainty
PC World – Buy.com has the Kodak Zi8 pocket HD camcorder, refurbished, for $159 (a new model would cost $200). This diminutive camcorder packs a lot of punch, offering the ability to record 1080p footage, a range of connection options, and a built-in microphone jack. But the stellar image quality is really the Zi8′s biggest selling point.
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Kodak Zi8 Digital Camcorder
(PC World)
Yahoo plans to close a beta advertising service through which small online publishers, such as individual bloggers, signed up to carry ads sold and distributed by the company in exchange for a commission. The service, called Yahoo Publisher Network Beta, provides pay-per-click text ads that are contextually relevant to the Web pages of participating publishers in which they appear
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Yahoo Publisher Network Being Shut Down
Would you like a FREE copy of the Internet Marketing Center’s “StartUp” ebusiness success newsletter, worth $14.95? Just register for their “Ebusiness Rising Star Challenge” for a chance to win $10,000 worth of one-on-one help to start and grow your business, and the issue of “StartUp” is yours
Christopher Null – SquareTrade is a company that sells extended, add-on warranties for your digital gadgetry. But when consumers make claims on those warranties, SquareTrade keeps track of the data and releases insightful information about how reliable our electronic devices are.
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Study: Panasonic digital cameras most reliable, Casio the least
(Christopher Null)
Amazing Cover Letter Creator Many job-seekers miss the opportunity to get past first base when it comes to landing the job of their dreams. What holds them back? A negative attitude reflected in their cover letter to potential employers.
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How to Write a Positive Cover Letter Quick and Easy
Twitter, the latest social networking craze, is a micro-blogging platform where participants post tweets which are short comments limited to 140 characters or less. Getting setup on Twitter is not terribly difficult. There is a slight learning curve in regard to Twitters culture and tweeting practices, so it is a good idea to monitor the posts for a few days before you jump in and begin tweeting, just to get a feel for the community
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How to Twitter
President Barack Obama today requested $ 79.4 billion in spending on information technology projects for fiscal 2011, a 1.2 percent increase from what he proposed in fiscal 2010 and a slight decrease from the $80.6 billion the 2010 budget actually allocated. The Obama administration has proposed increasing the number of major IT projects. Last fiscal year, the administration proposed handling 781 major IT projects with $40.3 billion.
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Feds to increase goverment IT budgets