Tommy Hilfiger is reportedly in exclusive talks to sell out to Phillips-Van Heusen (PVH). The price tag could be as high as $4 billion, which would be a nice payday for Apax Partners, Hilfiger’s private equity investor. Continue reading Tommy Hilfiger’s New Look: A Buyout? Tommy Hilfiger’s New Look: A Buyout? originally appeared on DailyFinance on Wed, 03 Mar 2010 12:00:00. Filed Under: Investing Permalink | Tweet this! | Comments

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Tommy Hilfiger’s New Look: A Buyout?

In the face of growing pressure from within his own party, powerful Democratic Rep. Charles Rangel has decided to take a temporary leave of absence from his post as chairman of the House Ways and Means Committee until the Ethics Committee completes its investigation of him. Continue reading Rep. Rangel Bows to Pressure and Temporarily Quits Tax Post Rep. Rangel Bows to Pressure and Temporarily Quits Tax Post originally appeared on DailyFinance on Wed, 03 Mar 2010 13:00:00. Filed Under: People , Taxes Permalink | Tweet this! | Comments

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Rep. Rangel Bows to Pressure and Temporarily Quits Tax Post

Continue reading How Badly Would a California Earthquake Hurt Our Economy? How Badly Would a California Earthquake Hurt Our Economy? originally appeared on DailyFinance on Sat, 27 Feb 2010 14:15:00. Permalink | Tweet this! | Comments

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How Badly Would a California Earthquake Hurt Our Economy?

The Obama administration is mulling a plan that would require lenders to make efforts to enroll homeowners in the government’s Home Affordable Modification Program before they pursue foreclosure. The problem is that many struggling homeowners simply can’t afford the house and the requirements could serve to drag out the foreclosure process. Continue reading Obama’s Plan to Stem Foreclosures Will Do More Harm Than Good Obama’s Plan to Stem Foreclosures Will Do More Harm Than Good originally appeared on DailyFinance on Sat, 27 Feb 2010 14:30:00. Filed Under: Real Estate Permalink | Tweet this! | Comments

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Obama’s Plan to Stem Foreclosures Will Do More Harm Than Good

White House economics adviser Paul Volcker urged lawmakers to restrict risks taken by large banks and adopt regulations that would prevent them from becoming “too big to fail.” Continue reading Volcker Urges Lawmakers to End Era of ‘Too Big Too Fail’ Volcker Urges Lawmakers to End Era of ‘Too Big Too Fail’ originally appeared on DailyFinance on Tue, 02 Feb 2010 15:05:00. Filed Under: Economy , People Permalink | Tweet this! | Comments

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Volcker Urges Lawmakers to End Era of ‘Too Big Too Fail’

Treasury Secretary Timothy Geithner told Congress Wednesday that he played no part in what appears to be efforts by government regulators to keep secret from the public key information about the bailout of embattled insurance giant AIG. “I had no role in making decisions regarding what to disclose,” Geithner testified at a hearing held by the House Oversight Committee Wednesday, according to CNN Money. For the full CNN Money story, click here . Continue reading Geithner Says He Played ‘No Role’ in Keeping AIG Bailout Details Secret Geithner Says He Played ‘No Role’ in Keeping AIG Bailout Details Secret originally appeared on DailyFinance on Wed, 27 Jan 2010 17:19:00. Filed Under: Economy Permalink | Tweet this! | Comments

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Geithner Says He Played ‘No Role’ in Keeping AIG Bailout Details Secret

Federal Reserve Chairman Ben Bernanke faced mounting Senate opposition for another four-year term Friday, and the White House worked aggressively to keep his nomination afloat. President Barack Obama’s chief of staff, Rahm Emanuel, and Treasury Secretary Timothy Geithner were on the phone throughout the day to key senators to shore up support, said two senior administration officials, speaking on condition of anonymity to more freely discuss behind the scenes activity. Continue reading White House Fights for Bernanke Support in Senate White House Fights for Bernanke Support in Senate originally appeared on DailyFinance on Fri, 22 Jan 2010 19:09:00. Filed Under: Economy Permalink | Tweet this! | Comments

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White House Fights for Bernanke Support in Senate

(TrendHunter.com) House concerts are turning living rooms into bohemian sanctuaries, and it’s easy to see why they’re growing in popularity. There are no worries about running into your ex, needing earplugs, or light-handed…

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House Concerts – Living Rooms are Converted to Musical Meeting Places (GALLERY)

The technology sector is poised for a comeback in 2010, according to a report released Tuesday morning by Forrester Research, an industry analysis group. IT firms will benefit as companies and governments restart their spending on tech infrastructure and software, the firm predicts. Continue reading Tech Spending Set to Rebound in 2010 Tech Spending Set to Rebound in 2010 originally appeared on DailyFinance on Tue, 12 Jan 2010 09:00:00. Filed Under: Technology , Economy Permalink | Tweet this! | Comments

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Tech Spending Set to Rebound in 2010

Picture a public-policy environment in which the most important, economy-related bills can’t get through the U.S. Congress. A budget is passed by the Senate, but it fails in the House. A package of tax incentives aimed at increasing investment passes the House and Senate, but is vetoed by President Obama. Meanwhile, other important issues like financial-services reform and energy policy receive little attention because the House remains obsessed with overturning health-care reform legislation approved earlier. The stock market becomes rattled by all the uncertainty. Could this scenario happen? Continue reading Lack of Job Growth Could Derail Obama’s Legislative Agenda Lack of Job Growth Could Derail Obama’s Legislative Agenda originally appeared on DailyFinance on Tue, 12 Jan 2010 09:00:00. Filed Under: Columns , Economy Permalink | Tweet this! | Comments

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Lack of Job Growth Could Derail Obama’s Legislative Agenda