http://fundavalanche.com Hottest news Thu, 11 Mar 2010 17:36:01 +0000 http://backend.userland.com/rss092 en The crash of a Toyota Prius in New York caught the attention of federal regulators Wednesday after the driver said it accelerated on its own, then lurched down a driveway, across a road and into a stone wall. The Department of Transportation is looking into the New ... http://fundavalanche.com/new-prius-crash-new-concerns/ China will limit the yuan’s appreciation to 4 percent over the next 12 months because of a “super cautious” outlook on the global economy, said New York University Professor Nouriel Roubini. The central bank may end a 20-month peg to the dollar as soon as the second ... http://fundavalanche.com/roubini-says-%e2%80%98super-cautious%e2%80%99-china-to-limit-yuan-gain-to-4/ The European Central Bank left its benchmark interest rate at a record low as policy makers weigh the risks of withdrawing emergency lending measures amid Greece’s fiscal crisis. The Frankfurt-based ECB kept its key rate at 1 percent, as predicted by all 52 economists in a Bloomberg ... http://fundavalanche.com/ecb-keeps-key-rate-at-1-as-it-weighs-greek-crisis/ A product of Molson Coors Brewing Co. was the prize in a friendly wager between President Barack Obama and Canadian Prime Minister Stephen Harper over Sunday's men's ice hockey final between the U.S. and Canada at the Vancouver Winter Olympics. Canada won the game and the gold medal in ... http://fundavalanche.com/molson-coors-product-the-prize-in-obama-harper-olympics-hockey-bet/ Federal regulators on Wednesday imposed new curbs on the practice of short-selling, hoping to prevent spiraling sales sprees in a stock that can stoke market turmoil. The Securities and Exchange Commission, divided along party lines, voted 3-2 at a public meeting to adopt a new rule. Investors ... http://fundavalanche.com/sec-moves-to-restrict-short-selling/ After days of speculation, Houston oil service companies Schlumberger Ltd. and Smith International Inc. jointly announced today plans to merger in a stock transaction valued at about $11 billion. Smith shareholders will receive 0.6966 shares of Schlumberger in exchange for each Smith share. Based on the closing stock prices ... http://fundavalanche.com/schlumberger-to-buy-smith-intl-in-11b-deal/ If you haven't heard, big changes are soon coming for the credit card business.The CARD Act, which was signed into law last May, will finally go into effect Monday, meaning big changes for the millions of card-carrying Americans across the country.Among other things, it will eliminate some of ... http://fundavalanche.com/watch-out-for-new-credit-card-traps/ Crammed into a small Detroit office filled with pipe fittings, hydraulic tubing, and a device that looks like a gas pump combined with a supercomputer, Dave Shaw sums up how his life has changed. Tipping back in a cheap office chair, the former auto executive points beneath the ... http://fundavalanche.com/mission-critical-turn-detroit-into-a-tech-center/ Confidence in the world economy dropped in February on concern worsening government finances in some European nations will derail the global recovery, according to a Bloomberg survey of users on six continents. The Bloomberg Professional Global Confidence Index dropped to 54.9 from 66.6 in January, when the ... http://fundavalanche.com/global-confidence-ebbs-on-concern-budget-gaps-will-hurt-rebound/ Robert Rogalski has been named CEO at Excela Health, a position he has held on an interim basis for three months, the Greensburg-based hospital network announced on Monday. Rogalski, a former senior counsel and health care practice group leader at Thorp Reed & Armstrong LLP, joined Excela as a ... http://fundavalanche.com/excela-names-robert-rogalski-ceo/