http://www.megite.com Megite is the newspaper for anyone interested in what's happening right now by intelligently uncovering the most relevant items from auto discovered news sites and weblogs. Copyright 2009, Megite 30 Wed, 25 Nov 2009 14:31 -0500 http://www.megite.com/business/1259182825/1#item_1 fd29d9b3a4539b35b869812ed248e527 With economic pressures still hitting household budgets many are forgoing air travel for cheaper alternatives (Read on Source) ]]> Wed, 25 Nov 2009 19:30:27 GMT http://www.megite.com/business/1259182825/1#item_2 8fd50adfe779876420a5c06dbc465206 Shares of Mahindra Satyam plunged nearly 11% on the BSE, a day after the CBI said the loss suffered by investors in the fraud may stretch to a staggering. (Read on Source) ]]> Wed, 25 Nov 2009 14:30:00 EST http://www.megite.com/business/1259182825/1#item_3 567c6bfdf0f9b59bb65bd55b71b1acba SOUTH BEND, Ind., Nov 25 /PRNewswire-FirstCall/ -- Industrial services provider MISCOR Group, Ltd. (OTC Bulletin Board: MIGL) reported its operating results for the third quarter ended October 4, 2009. (Read on Source) ]]> Wed, 25 Nov 2009 19:29:53 +0000 http://www.megite.com/business/1259182825/1#item_4 d02d68b35e54f42adce696e8ef05d17b Read on Source) ]]> Wed, 25 Nov 2009 19:29:53 +0000 http://www.megite.com/business/1259182825/1#item_5 80c4716733a4b365211651ecbd5bebe8 Read on Source) ]]> Wed, 25 Nov 2009 19:21:38 +0000 http://www.megite.com/business/1259182825/1#item_6 3ee2f382436beab40483a5cab1df3e7c Xavier Rolet, LSE chief executive, says reducing post-trade costs next step as exchange reports 40 per cent fall in net (Read on Source) ]]> Wed, 25 Nov 2009 19:16:55 +0000 http://www.megite.com/business/1259182825/1#item_7 82fb46e2b9131efa123dcda906549d6e Read on Source) ]]> Wed, 25 Nov 2009 14:14:18 -0500 http://www.megite.com/business/1259182825/1#item_8 4a3f18249eccb6a4de05bb18ac422688 Read on Source) ]]> 2009-11-25T19:12:11Z http://www.megite.com/business/1259182825/1#item_9 aae031252cbfd1d3a28e16df254a03e7 Read on Source) ]]> Wed, 25 Nov 2009 19:12 GMT http://www.megite.com/business/1259182825/1#item_10 cd29d03e71f96ddf8635eaa94be00657 Read on Source) ]]> Wed, 25 Nov 2009 19:11:07 +0000 http://www.megite.com/business/1259182825/1#item_11 1dbe0129c9c242ebf3bf33cbbdbb70d3 Wish you had a little more money in your wallet these days? Who doesn’t? CNNMoney reports while the Great Recession is over by most accounts, the Great Income Squeeze lingers on. You’re more likely to have had a pay freeze than a pay raise over the past year; and the average bump up for 2010 is [...] (Read on Source) ]]> Wed, 25 Nov 2009 19:09:41 GMT http://www.megite.com/business/1259182825/1#item_12 44bd3f146b48eabb938c890cc6426308 Read on Source) ]]> Wed, 25 Nov 2009 19:05:45 +0000 http://www.megite.com/business/1259182825/1#item_13 6c0aac8684164de904f4dd848ac67420 A thought on RBS to start with. On the day it was revealed that the taxpayer had pumped �37bn into the bank in an emergency loan last year, the bank's chief executive Stephen Hester was busy with a capital transaction of his own. (Read on Source) ]]> Wed, 25 Nov 2009 19:00:48 +0000 http://www.megite.com/business/1259182825/1#item_14 8505d39df26b176f527123fcc6cd5982 Over the past couple of weeks, six finalists have been auditioning for the opening of “staff writer” at Consumerism Commentary. Each is providing two guest articles to share with readers. After the six writers have shared their guest articles, readers will have an opportunity to provide feedback before we select the staff writer. This ... (Read on Source) ]]> Wed, 25 Nov 2009 13:00:00 CST http://www.megite.com/business/1259182825/1#item_15 59c4a9a59e1ea048459ed5dc801ae1ab Vanguard has updated its estimated 2009 capital gains distributions. Interestingly, three ETFs will make gains distributions, including a more than $11 short-term gain from the Vanguard Extended Duration Treasury ETF, roughly 11% of NAV and market price as of Nov. 24. (Read on Source) ]]> Wed, 25 Nov 2009 18:59:35 +0000 http://www.megite.com/business/1259182825/1#item_16 3671125bc7d4e327baf0c9ef82462cc1 Read on Source) ]]> Wed, 25 Nov 2009 13:59:00 -0500 http://www.megite.com/business/1259182825/1#item_17 624cab7fcc82271723ab792f9cc91144 Broadband Internet provider Clearwire Corp. has raised an additional $920 million, bringing its new funding tally to over $2.8 billion in recent weeks as it gears up to built out an advanced wireless network. (Read on Source) ]]> Wed, 25 Nov 2009 13:56:17 EST http://www.megite.com/business/1259182825/1#item_18 a3e7decbb884995b42490c5b7da5d99a Read on Source) ]]> Wed, 25 Nov 2009 13:50:00 EST http://www.megite.com/business/1259182825/1#item_19 6d2847a9086a77739b72af667b24767f Read on Source) ]]> Wed, 25 Nov 2009 13:50:00 EST http://www.megite.com/business/1259182825/1#item_20 c5956bdc7df9dafcddf89b0067976a0b Read on Source) ]]> Wed, 25 Nov 2009 18:43:57 +0000 http://www.megite.com/business/1259182825/21#item_1 6d56c9c4f49f4dc0c173f1a595a45c59 Read on Source) ]]> Wed, 25 Nov 2009 18:42:55 +0000 http://www.megite.com/business/1259182825/21#item_2 37640f55a8e2c72328ecbe82ddcd92d5 Read on Source) ]]> Tue, 24 Nov 2009 14:02:16 -0500 http://www.megite.com/business/1259182825/21#item_3 d50efd9612cbf828ef3e14e7d6684043 With the unemployment rate the highest it's been in 25 years, The Roosevelt Institute asked historians, economists, and other public thinkers to reflect on the lessons of the New Deal and explore new, big ideas for how to get America back to work. TAPPED will be cross-posting the 10-part series with the New Deal 2.0 blog . In this installment, ... (Read on Source) ]]> 2009-11-25T13:32:00-05:00 http://www.megite.com/business/1259182825/21#item_4 4b9137465afe6ea6653b439f4dbfc8de The Tax Court yesterday held that parents who withdrew $110,691 from their IRA were not subject to the 10% early distribution penalty on the portion used to pay their daughter's room and board at Michigan State under the higher education exception of § 72(t)(2)(E). But the 10% penalty applied to... (Read on Source) ]]> 2009-11-25T18:31:12+00:00 http://www.megite.com/business/1259182825/21#item_5 03cce9a4b5470293c28adc5a57d71abe On July 24, in the third and final step of a minimum wage increase enacted by Congress in 2007, the federal minimum wage increased from $6.55 to $7.25, and an estimated 4.5 million of this country’s lowest paid workers got a much-needed raise. Over three-quarters -- 3.4 million -- of the affected workers were adults age 20 or older. The ... (Read on Source) ]]> Wed, 25 Nov 2009 13:30:26 -0500 http://www.megite.com/business/1259182825/21#item_6 dccd30f187af9ce6d2838aa81a5940f8 Read on Source) ]]> Wed, 25 Nov 2009 13:30:00 EST http://www.megite.com/business/1259182825/21#item_7 935d81f08d15d43694e4f344db550136 Filed under: Private equity In October, private equity powerhouse, TPG , scored a big win as it took Myer (which is a retailer based in Australia) public. The gains came to a mouth-watering $1.46 billion. But now there's a huge problem; that is, the Australian tax authorities sent TPG a bill for a whopping $628 million . Its for back taxes, as ... (Read on Source) ]]> Wed, 25 Nov 2009 18:29:44 +0000 http://www.megite.com/business/1259182825/21#item_8 038761100f9bb4acb1b536c99d110d70 Read on Source) ]]> Wed, 25 Nov 2009 18:28 GMT http://www.megite.com/business/1259182825/21#item_9 9418b69140c9d72d3d41b8ff96dd3354 Read on Source) ]]> Wed, 25 Nov 2009 13:25 -0500 http://www.megite.com/business/1259182825/21#item_10 381746f9fb751d70fa498742c6d37069 Industry wages battle against rogue roasters who bulk up their products with corn, soy or even wood (Read on Source) ]]> Wed, 25 Nov 2009 13:24 -0500 http://www.megite.com/business/1259182825/21#item_11 a620c06013bcdec2c8979e15ab3b31f7 Globe and Mail Update Published on Wednesday, Nov. 25, 2009 1:24PM EST Last updated on Wednesday, Nov. 25, 2009 1:49PM EST The worst of the global economic crisis is over and government stimulus spending on infrastructure is flowing well, says one of the world's largest technology companies. (Read on Source) ]]> 2009-11-25T09:07:00.000-08:00 http://www.megite.com/business/1259182825/21#item_12 0a925a08244fff971b3dc858b7e447af A new report by Pew Research tells of the growing number of "boomerang kids" who will only have to walk down the hall tomorrow to get a good Thanksgiving dinner. The journey home for Thanksgiving won't be quite so far this year for many young adults. Instead of traveling across country or across town, many grown sons and daughters will be coming ... (Read on Source) ]]> Wed, 25 Nov 2009 18:17:02 +0000 http://www.megite.com/business/1259182825/21#item_13 80f054a11476eec4be209f1ed9c85386 Referrals Are Always Cool This content from: Duct Tape Marketing Referrals Are Always CoolThis content from: Duct Tape Marketing If you’re doing good work, have products that people enjoy, and provide a service and experience that exceeds expectation, chances are, your business is benefiting from word of mouth referrals. While this occasional ... (Read on Source) ]]> Wed, 25 Nov 2009 16:49:59 GMT http://www.megite.com/business/1259182825/21#item_14 17a9900991757fd4e2e4893a0f2e6397 Dubai will ask creditors of two of its flagship firms for a standstill on debt worth billions of dollars as a first step toward restructuring Dubai World, the conglomerate which spearheaded the emirate's breakneck growth. (Read on Source) ]]> Wed, 25 Nov 2009 18:02:13 GMT http://www.megite.com/business/1259182825/21#item_15 3418d4ffb61769b5adad637b8b32b58e Read on Source) ]]> Wed, 25 Nov 2009 18:00:03 GMT http://www.megite.com/business/1259182825/21#item_16 a2970fef0a35d6eeee600f9203617364 Airport officials are planning for a bigger future - but one that also is tied to the future of Delta Air Lines. (Read on Source) ]]> Wed, 25 Nov 2009 13:00 -0500 http://www.megite.com/business/1259182825/21#item_17 2ecf7004e86c87ad9732a5f0a3f74c42 ‘There's no better protection against a takeover than a fully valued share,' chairman David O'Brien says (Read on Source) ]]> 2009-11-25T13:00:00-05:00 http://www.megite.com/business/1259182825/21#item_18 fe8115afe0d7aeffed58b6dd0a1f13ef Read on Source) ]]> 2009-11-25T12:57:00.004-05:00 http://www.megite.com/business/1259182825/21#item_19 d090a74262f93172910c8f86e6772b8d Read on Source) ]]> 2009-11-25T12:57:00.004-05:00 http://www.megite.com/business/1259182825/21#item_20 16e2f11b9d8e33ca924845a6bd5ea78d A new study on European software and services commissioned by the European Commission has predicted strong growth in the cloud computing, open source and service oriented architecture spaces, but warned that major barriers still need to be overcome. (Read on Source) ]]> 2009-11-25T17:49:29Z http://www.megite.com/business/1259182825/41#item_1 1dd526903ef937c707644c3c3829e84f Read on Source) ]]> Wed, 25 Nov 2009 17:42:50 +0000 http://www.megite.com/business/1259182825/41#item_2 71186a04662d31681d3ca51b14264fdc Add-on-Con is a single-day conference focused on the future of the browser and its emergence as a platform. Developer sessions will cover best practices, cross-browser development and mash-ups. Marketing sessions will focus on monetization opportunities, distribution strategies and stats. Join 200+ individuals involved with add-on development [...] (Read on Source) ]]> Wed, 25 Nov 2009 17:42:50 +0000 http://www.megite.com/business/1259182825/41#item_3 040768fdab600ddcf1f6fb69ad3a0259 The MBA reports: Mortgage Applications Decrease in Latest MBA Weekly SurveyThe Market Composite Index, a measure of mortgage loan application volume, decreased 4.5 percent on a seasonally adjusted basis from one week earlier. ... (Read on Source) ]]> Wed, 25 Nov 2009 17:42:50 +0000 http://www.megite.com/business/1259182825/41#item_4 b216d95604993195ad67835334d8382e After impressive sales growth in the past two years, distributor Interactive Ideas has splashed out on new office space which will enable it to double its headcount. (Read on Source) ]]> Wed, 25 Nov 2009 17:32:50 +0000 http://www.megite.com/business/1259182825/41#item_5 3be2d579f748241a1900c6f7743b6eac Image: Memeticians Cyber Monday, the biggest Internet shopping day of the year, happens on November 30. As a shopping day, it's not quite as involved as Black Friday. You can hit up Cyber Monday in your pajamas. It still pays, however, to... Read more (Read on Source) ]]> 2009-11-25T17:32:37Z http://www.megite.com/business/1259182825/41#item_6 e61cb980c0f2d00bda2343f519ef8ee2 Read on Source) ]]> Wed, 25 Nov 2009 12:27:26 -0500 http://www.megite.com/business/1259182825/41#item_7 7174bba0dc01963df9c3bdd58d7ae5a2 This is actually kind of sad, because BG is one of the most watchable people on that network. Also, Michelle Caruso-Cabrera admitted that people keep CNBC on mute ("turn up the volume on those trading floors!") and that she calls her father "daddy." Anyway, we hope Bill enjoys the time off. And in between maxing and relaxing thinks about ... (Read on Source) ]]> Wed, 25 Nov 2009 16:13:56 +0000 http://www.megite.com/business/1259182825/41#item_8 f5053b24507671f50efe912e54efbe02 Car giant General Motors firmed up plans today to cut 9,000 jobs across Europe, saying that up to 60 per cent will be in Germany. (Read on Source) ]]> Wed, 25 Nov 2009 12:27:26 -0500 http://www.megite.com/business/1259182825/41#item_9 cdbfdce4eebbb436ee3f843f41271a6c Manchester-based VAR ANS Group has helped a local council save more than £70,000 and polish its green credentials after completing a data consolidation project. (Read on Source) ]]> Wed, 25 Nov 2009 12:16:23 -0500 http://www.megite.com/business/1259182825/41#item_10 5b1c42302c9da36e48ab05548b620917 Lloyd and his wife Laura has been comfortably ensconced in their new pad in 15CPW for over year now, where neighbors include people like Sandy Weill, Daniel Och, and Dan Loeb and each apartment comes equipped with an auto-fellatio room in order to meet the needs of the esteemed residents. Unfortunately, LB has been having a little trubs selling ... (Read on Source) ]]> 2009-11-25T17:15:13Z http://www.megite.com/business/1259182825/41#item_11 73d25cb4702c1f9d37d5f14171784492 Although Radio Shack employees insist they can't make a customer donate a dollar to Livestrong at checkout, Cheryl's tale is disturbingly similar to that of Ryan , who says Radio Shack swiped a buck for him in the name of cancer research. She writes: This happened to me today as well. I am just furious. I only went into radioshack to buy a ... (Read on Source) ]]> Wed, 25 Nov 2009 17:09:36 +0000 http://www.megite.com/business/1259182825/41#item_12 e1118e207a4dfa17279e052c79bf8945 TIME’s picks for the best new gadgets and breakthrough ideas of the year, we’ll feature some of the ones we find interesting. At 8:47 a.m. on March 12, fish history happened in Port Lincoln, Australia. A tankful of southern bluefin tuna — regal, predatory fish prized for their buttery sashimi meat — began to spawn, and [...] (Read on Source) ]]> Wed, 25 Nov 2009 17:06:03 GMT http://www.megite.com/business/1259182825/41#item_13 814db200eea85c27e4a0a087920c7b61 Borders UK, the troubled book chain, is hours away from appointing administrators unless a white-knight buyer emerges. (Read on Source) ]]> 2009-11-25T17:00:34Z http://www.megite.com/business/1259182825/41#item_14 ab1c533f84e178772bb8975b8f208c73 Ross has a small business that routinely ships 10-pound packages, but says he was horrified to find out that FedEx has charged his account with a 95-pound package shipment. His tale: Wanted to give you a heads up regarding FedEx and POSSIBLE schilling of package weight. We have a discounted corporate account (small business), shipping mixed ... (Read on Source) ]]> Wed, 25 Nov 2009 16:59:40 GMT http://www.megite.com/business/1259182825/41#item_15 c8b217e04109d9201d0ed07916175911 Read on Source) ]]> Wed, 25 Nov 2009 16:48:09 GMT http://www.megite.com/business/1259182825/41#item_16 baf64aac34d766bcafaa38b994bff106 Read on Source) ]]> Wed, 25 Nov 2009 16:48:09 GMT http://www.megite.com/business/1259182825/41#item_17 153b0dde5f7a0a023f4e0b387586cd53 Redstone has announced that potential takeover talks for the business have ended. The VAR revealed back in September that it was in talks with a mystery suitor after its share price shot up 52 per cent. (Read on Source) ]]> Wed, 25 Nov 2009 11:40:03 -0500 http://www.megite.com/business/1259182825/41#item_18 d68bb795e405a28b4fd040003720cd88 After asking, "Why do parents forget what it's like to be a kid?," I remarked: Many parents really do forget what's it's like to be a kid... I honestly don't know why. I bet Robin Hanson would have a clever functionalist story. Yet if you read the Wimpy Kid series - or just look around - it seems like it would be better for the whole family if ... (Read on Source) ]]> Wed, 25 Nov 2009 16:33:54 +0000 http://www.megite.com/business/1259182825/41#item_19 6a630eec938423b0efded8e9d036de88 Read on Source) ]]> 2009-11-25T16:32:10Z http://www.megite.com/business/1259182825/41#item_20 743ca44793f2c54a9c6c44a4adc280ee Read on Source) ]]> 2009-11-25T16:32:10Z http://www.megite.com/business/1259182825/61#item_1 c2d0b94ef1521d761b03bd43173c8b44 You’re not supposed to notice that. Small government proponents are apparently the least self-sufficient and would starve to death if they they had their own way. We would save money by giving them 0 tax liability and 0 tax benefit. (Read on Source) ]]> Wed, 25 Nov 2009 16:30:20 +0000 http://www.megite.com/business/1259182825/61#item_2 0e850f826f4bd688ef8d292d3b7e3eb2 Read on Source) ]]> 2009-11-25T16:24:32Z http://www.megite.com/business/1259182825/61#item_3 f1f35a8f6e7b3498d4462496b0591d6f Despite an economic crisis dubbed the “great recession,” carbon emissions grew last year by two percent, to a total of 8.7 billions of carbon. Last year, every person in the world produced an average of 1.3 tons of carbon, according to a report by the Global Carbon Project. During 2000 to 2008, the growth rate [...] (Read on Source) ]]> 2009-11-25T16:20:07Z http://www.megite.com/business/1259182825/61#item_4 4d08bf9cdc3f319003d4cb4f1868f834 Anonymous Math Geek sent us this ad for the Stratosphere, a Las Vegas casino. The wizards are using tricky geometry to convince you that the casino gives you more bang for your Benjamin. AMG writes: I found this ad in a Continental in-flight magazine, and I had to share it. I've added some shading and some figures to illustrate the absurdity of ... (Read on Source) ]]> 2009-11-25T16:20:07Z http://www.megite.com/business/1259182825/61#item_5 0a4bfc150d6a99467f95685505efd22f Distributor Steljes has taken on DLP projection vendor BenQ with a view to complementing its Smart Technologies education and business audiovisual range. (Read on Source) ]]> 2009-11-25T16:13:19Z http://www.megite.com/business/1259182825/61#item_6 dde40fb93387e9f0ed2d75feabf1483f The list of reasons to avoid bottled water seems to grow longer every day. While much of the controversy so far has focused on plastic waste and BPA, Australian Half a Teaspoon wants the world to realize another simple fact: namely, that it takes at least 3 litres of water to make just one litre of bottled water. That's the motivation behind ... (Read on Source) ]]>