http://fundsreporter.com Arcive of financial news Fri, 19 Mar 2010 10:45:05 +0000 http://backend.userland.com/rss092 en Apple Inc. said Thursday that long-time member of its board Jerry York has died at age 71. York was a long-time adviser to investor Kirk Kerkorian and was once chief financial officer at International Business Machines Corp. and Chrysler. He also served on the board of General Motors. He ... http://fundsreporter.com/apple-director-jerry-york-dead-at-71/ Twelve successful women from diverse backgrounds are in the spotlight Monday at the Phoenix Business Journal’s annual Women in Business event. “The Business Journal’s 2010 Women in Business program spotlights women from a number of industries and professions — those making a difference in their communities, blazing a trail ... http://fundsreporter.com/spotlight-shines-on-women-in-business/ The Swiss central bank may leave its benchmark interest rate near zero today to bolster a recovery from the worst recession in more than three decades. The Swiss National Bank, led by Philipp Hildebrand, will leave the three-month Libor target rate at 0.25 percent at its quarterly ... http://fundsreporter.com/snb-may-keep-main-rate-near-zero-as-economy-recovers/ Jeremy Lesniak owns a small Web design firm in Randolph, Vt. He has 10 employees and hundreds of clients. Sick isn't an option. "I have two cell phones and a pager," he said. "I have taken partial sick days or just worked from home, but I haven't had ... http://fundsreporter.com/out-sick-but-still-plugged-in/ Malaysia’s central bank raised its benchmark interest rate for the first time in almost four years, saying record-low borrowing costs were no longer warranted as the economy emerges from recession and inflation accelerates. Bank Negara Malaysia increased its overnight policy rate to 2.25 percent from 2 percent, ... http://fundsreporter.com/malaysia-increases-interest-rate-as-recession-ends/ Malaysia’s government-linked companies and businessmen are being pressed to boost spending at home amid concern that more money is being invested abroad than flowing into the country. Fresh ideas to stimulate investment may be included in the government’s so-called New Economic Model, International Trade and Industry Minister ... http://fundsreporter.com/malaysia-state-linked-firms-tycoons-pressed-to-invest-at-home/ Aggressive competition and disappointing holiday sales at Blockbuster Inc. resulted in the movie rental company reporting a net loss of $558.2 million for fiscal 2009. CEO Jim Keyes took the chance to speak honestly about the results in a statement, saying “the next 12 to 18 months will remain ... http://fundsreporter.com/blockbuster-reports-2009-loss-of-558m/ Japanese Prime Minister Yukio Hatoyama said the central bank should act “appropriately” to fight deflation, escalating pressure on Governor Masaaki Shirakawa and his colleagues to support the economic recovery. “I sincerely hope the Bank of Japan will try to implement monetary policy appropriately,” Hatoyama said in parliament ... http://fundsreporter.com/hatoyama-kan-escalate-pressure-on-boj-to-combat-deflation/ Nobel Prize-winning economists Robert Solow and Joseph Stiglitz are among 67 economists to back Prime Minister Gordon Brown’s argument that it’s too soon to start cutting the U.K.’s record deficit, in a riposte to 20 economists who attacked his position earlier this week. The timing and pace ... http://fundsreporter.com/nobel-winners-solow-stiglitz-back-brown-on-uk-deficit-cuts/ Maryville University was awarded a more than $4.69 million federal stimulus grant to provide nursing and other health-care training for dislocated and unemployed workers. The grant is part of more than $225 million in health care and high-growth training grants funded by the American Recovery and Reinvestment Act of ... http://fundsreporter.com/maryville-u-gets-47m-in-stimulus-for-nursing-education/