Fearless News : Purposeful, credible, intelligent articles. Healthy food for hungry brains.

News from at 8 minutes ago

As he watched Egypt’s revolt turn into a financial crisis that devoured 50 percent of the nation’s foreign-currency holdings last year, Ahmed El-Rifai started charging some clients in U.S. dollars. More

  Read Here   BusinessWeek Direct

News from at 8 minutes ago

Collective Brands Inc., owner of the Payless ShoeSource chain, is reducing the pool of suitors for all or part of its business ahead of the second round of bidding, said people familiar with the matter. More

  Read Here   BusinessWeek Direct

News from at 8 minutes ago

Tony James, president of Blackstone Group LP, said campaigns criticizing the private equity industry in the wake of Mitt Romney’s run for the Republican presidential nomination will hurt fundraising and buyouts. More

  Read Here   BusinessWeek Direct

News from at 8 minutes ago

U.K. Prime Minister David Cameron, marking the 200th anniversary of author Charles Dickens’s birth today, was given an austerity-themed gift by Culture Secretary Jeremy Hunt, a copy of the novelist’s classic “Hard Times.” More

  Read Here   BusinessWeek Direct

News from at 8 minutes ago

Incoming Australian central bank board member Heather Ridout aims to bring more attention to the nation’s overvalued exchange rate as she joins the policy debate amid deliberations on lowering interest rates. More

  Read Here   BusinessWeek Direct

News from at 8 minutes ago

Glencore International Plc’s $41 billion purchase of Xstrata Plc, the biggest takeover in almost three years, may help restore confidence in dealmaking amid evidence global economic turmoil is subsiding. More

  Read Here   BusinessWeek Direct

News from at 8 minutes ago

The U.S. is the closest in 20 years to achieving self-sufficiency, thanks to a natural gas boom and higher MPG standards More

  Read Here   BusinessWeek Direct

News from at at 1:00 PM on Tuesday 2/7

Stocks may be cheap vs. bonds, but not cheap absolutely, says veteran market seer. More

  Read Here   Barron's Direct

News from at at 1:00 PM on Tuesday 2/7

UBS AG, Switzerland’s biggest bank, said fourth-quarter profit dropped 76 percent after its investment bank reported a second consecutive quarterly loss. More

  Read Here   BusinessWeek Direct

News from at at 1:00 PM on Tuesday 2/7

Olivier Sarkozy, managing director of global financial services at Carlyle Group LP, sold his four- story home on Manhattan’s Upper East Side for $8.4 million, 20 percent less than he initially sought. More

  Read Here   BusinessWeek Direct

News from at at 1:00 PM on Tuesday 2/7

Itau Unibanco Holding SA, Brazil’s biggest bank by market value, offered to buy the portion of Redecard SA it doesn’t already own for as much as 11.8 billion reais ($6.8 billion) to boost earnings from consumers’ growing use of credit and debit cards. More

  Read Here   BusinessWeek Direct

News from at at 1:00 PM on Tuesday 2/7

Record profit from iPhone and iPad maker Apple Inc. is masking weakness at other Standard & Poor’s 500 Index companies during the fourth-quarter reporting season, according to UBS AG’s Jonathan Golub. More

  Read Here   BusinessWeek Direct

News from at at 1:00 PM on Tuesday 2/7

Federal Reserve Chairman Ben S. Bernanke said the 8.3 percent rate of unemployment in January understates weakness in the U.S. labor market. More

  Read Here   BusinessWeek Direct

News from at at 1:00 PM on Tuesday 2/7

Employers are gaining confidence the economy will keep growing, judging by the number of positions waiting to be filled in December More

  Read Here   BusinessWeek Direct

News from at at 1:00 PM on Tuesday 2/7

Hawker Beechcraft Inc., the jet maker partly owned by Goldman Sachs Group Inc., named turnaround specialist Steve Miller as chief executive officer as the company works to avoid breaching debt covenants. More

  Read Here   BusinessWeek Direct

News from at at 1:00 PM on Tuesday 2/7

Artists from Adele to the Red Hot Chili Peppers give fans access to music and videos on mobile phones More

  Read Here   BusinessWeek Direct

News from at at 11:00 AM on Tuesday 2/7

Caris & Co. likes Texas Instruments, Broadcom, SanDisk and Semtech. More

  Read Here   Barron's Direct

News from at at 11:00 AM on Tuesday 2/7

Maxim Group argues that the semiconductor giant's shares can gain 25% as the company expands into markets tied to tablets, smartphones, and servers. More

  Read Here   Barron's Direct

News from at at 11:00 AM on Tuesday 2/7

Hawker Beechcraft Inc., the jet maker partly owned by Goldman Sachs Group Inc., named turnaround specialist Steve Miller as chief executive officer as the company seeks to rework terms of a revolving credit line. More

  Read Here   BusinessWeek Direct

News from at at 11:00 AM on Tuesday 2/7

Federal Reserve Chairman Ben S. Bernanke repeated that the job market is still far from healthy after signs of economic improvement over the past year, and he called on lawmakers to reduce the long-term budget deficit. More

  Read Here   BusinessWeek Direct