Economic Outlook: 100,000 New Jobs a Month By Late Spring
February’s storms are among the factors blurring the jobs picture. But come late spring, the economic picture looks to improve.
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Economic Outlook: 100,000 New Jobs a Month By Late Spring
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Apology after girl’s lemonade stand shut down
about 1 month ago -
A county official in Oregon has apologized after a 7-year-old’s business venture was soured because health inspectors shut down her lemonade stand.
…PORTLAND, Ore. A county official in Oregon has apologized after a 7-year-old’s business venture was soured because health inspectors shut down her lemonade stand.
Multnomah County Chairman Jeff Cogen, the county’s top elected official, said Thursday that running a lemonade stand is a “classic iconic American kid thing to do.”
He says he called Julie Murphy’s mother, Maria Fife, to offer his apology and says she appreciated it.
Fife helped her daughter set up a lemonade stand last week at a local arts fair in northeast Portland. They had to pack up and leave after being approached by two inspectors who said the stand lacked a license.
Cogen says while the inspectors were doing their job, the rules are meant for professional food service operators. He adds he ran lemonade stands as a child….
What Colliding Galaxies Look Like: Photos That Will Amaze
about 1 month ago -
Some 62 Million Light-Years From Earth, One Heck of a Sky Show is Taking Place
…Comment reply Submit Cancel The posting of advertisements, profanity, or personal attacks is prohibited. By using this Web site you agree to accept our Terms of Service. Click here to read the Rules of Engagement. Report offensive content: If you believe this comment is offensive or violates the CBSNews.com Terms of Use, you can report it below (this will not automatically remove the comment). Once reported, our staff will be notified and the comment will be reviewed. Select type of offense: Offensive: Sexually explicit or offensive language Spam: Advertisements, commercial links, or repetitive posts Disruptive posting: Flaming or offending other users Illegal activities: Promote cracked software, or other illegal content Off-topic: Commentary unrelated to the storyline Comments (optional): Report Cancel E-mail this comment to a friend. E-mail this to: Your e-mail address: Send me a copy of this message Note: Your e-mail address is used only to let the recipient know who sent the e-mail and in case of…
Librarian Fired for Refusing to Reveal Her Weight
about 1 month ago -
Bureacracy at its finest! Lisa Bonifas, a city library circulation clerk in Urbandale, Iowa, was fired for refusing to reveal her weight. Why was the city asking in the first place? It’s printing the information on new city ID cards.
AIG’s making money but when will it pay back the government?
about 1 month ago -
As American International Group gears up to announce its latest quarterly performance on Friday, the elephant in the middle of the room is staying put. When will the insurance giant — now a shell of its former self — repay the $102 billion it still owes American taxpayers?
…The government decided to bail out AIG when the company was on the verge of collapse in September 2008. So far, the government has given out $136.5 billion in loans and direct payments, of which AIG (AIG, Fortune 500) still owes $102 billion. AIG rejected a deal earlier this year that could have helped the company cut its debt to taxpayers in half. Two months ago, talks to sell its Asian insurance unit AIA to British insurer Prudential (PUK) collapsed after the two companies haggled over a $30 billion price tag. On Friday, analysts think AIG will likely say it’s on track to raise a significant amount of cash from an initial public offering of AIA in the fall, but they don’t expect AIG to throw out any estimates as to how much it might raise through an IPO.Still, the IPO is clearly plan B for AIG. David Merkel, head of Aleph Investments, a money management firm, said AIG is unlikely to raise any more than $30 billion through an IPO. Merkel used to work for AIG as a life actuary about 20 years ago. The AIA…
From the NYPD to JetBlue
about 1 month ago -
Some airlines try to hire flight attendants who are young and attractive. JetBlue Airways has a type, too: cops and fire fighters.
…his take-charge manner and calm under fire were crucial and his corny jokes and upbeat nature were infectious.JetBlue decided from the beginning that hires didn’t have to have airline experience and it wanted to hire locally. When Mr. Spivey showed up, it dawned on recruiters that people who had been through emergencies routinely wouldn’t panic onboard airplanes. Fire fighters and police officers come from careers where they dealt with the public and provided customer service, jetBlue officials say. They’re used to working holidays. They knew how to handle people in stressful situations and could take command of an aircraft cabin. “Past experiences are predictive of future behavior,” Chief Executive David Barger says. “People who don’t get too high and don’t get too low, you want that in areas where decisions have to be made.” Spivey Family Leonard Spivey at his retirement party from the NY Fire Department in February 1995. Vicky Stennes, jetBlue’s vice president of inflight experience, notes that the…
Google, Verizon Said to Have Deal on Web Traffic
about 1 month ago -
Verizon Communications Inc. and Google Inc. reached a deal on how to handle Internet traffic, striking their own accord on policy being weighed by U.S. officials, two people briefed by the companies said today.
…T Inc. and other companies on rules proposed by Chairman Julius Genachowski to regulate how phone and cable companies handle Web traffic such as Google s YouTube videos. Regulations or legislation that result would bind Google and Verizon as well.
We ve been working with Google for 10 months to reach an agreement on broadband policy, said Verizon spokesman David Fish. We are currently engaged in and committed to the negotiation process led by the FCC.
Nothing to Announce
Google has nothing to announce at this point, said Mistique Cano, a Washington-based spokeswoman, in an e-mail.
The two companies have become business allies through Verizon Wireless, the largest U.S. wireless carrier, which is co-owned by Verizon. Mobile phones that use software from Google, owner of the largest Internet search engine, helped Verizon s profit this year.
New York-based Verizon s earnings beat estimates last month after its wireless unit introduced phones running on Google s Android software, including Droids from…
47% of Retirees not Financially Prepared
about 1 month ago -
Following the job and investing horrors of the last three years, many Americans fear they will end up in retirement like Old Mother Hubbard. But while their cupboards are likely to contain more than a bone, a sobering study released Tuesday shows the fantasy isn’t far off the mark.
…//“Their Social Security alone will not pay for all they need,” said Jack VanDerhei, research director for the Employee Benefit Research Institute study.Members of Generation X, ranging from 36 to 45 years old, should be in better shape because they have more time to prepare. Nevertheless, 44.5 percent of them also are expected to run out of money, the study said.Inadequate savings will be disastrous for individuals who want to live as comfortably in retirement as they lived their working years. Even those who have saved adequately could be affected: New taxes or limits on Social Security may be required to help an overburdened system cope with so many needy people.Although middle- and lower-income people are most at risk of running out of money in retirement, even the highest-income people, baby boomers now making over $72,500, could be at risk if they have a disease or accident that requires them to enter a nursing home early in their retirement years, said VanDerhei, who led the study. Nursing home…
Small Business and Hard Facts (Infographic)
about 1 month ago -
Collectively, America’s largest employer is small business. Small businesses in the U.S. employ more than half of the private workforce in the country and are the primary exporters
States That do not Nickle and Dime You on Taxes
about 1 month ago -
Want to make your retirement dollars go further? Move to these states to reduce your tax bite.
…Source: sxc.hu Photo: ctoocheckOne of the things that can eat into your retirement funds is taxes. No matter where you live in the U.S., you will have to pay federal taxes. However, state income and sales taxes are a completely different matter. These taxes vary according to where you live, and can make a big difference how much money you have to use at your disposal during retirement. Kiplinger offers a really great interactive map that offers insight into states where the tax situation can make retirement more desirable. Here are some of the results:No income taxesIf you want to avoid income taxes altogether, you can try moving to Washington, Nevada, Alaska, Texas, South Dakota, Wyoming or Florida. It is also worth noting that New Hampshire and Tennessee only tax interest and dividends, so other income is safe. These states can provide you with a way to avoid paying state taxes on your hard-earned income. Watch out, though: Only New Hampshire and Alaska have no sales tax to go with their lack of income…
Brett Favre’s Top 6 Retirement Rumors. Yes,enough for a LIST
about 1 month ago -
Since the 2007 season, Favre has retired more times than the Detroit Lions have won games.
…Retirement: withdrawal from one’s occupation, business, or office. Brett Favre’s only problem with retirement? The withdrawal part. The NFL legend will reportedly announce his third exit from the game. Here’s a look back at some of Favre’s words on the subject….