(TrendHunter.com) Guvera is a new online music service that is set to launch in the United States on March 30, 2010. Based out of Australia, the start-up company looks to change how we pay for music by offering downloadable…

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Data-Bartering Music Sites – Guvera Looks to Change Online Music Forever (GALLERY)

Faced with an estimated $7 billion shortfall in 2010, the United States Postal Service is contemplating radical cuts that would eliminate Saturday mail delivery and raise the cost of postage. But to really turn the USPS’s problems around, it will either need to be directly funded by the government or it needs the freedom to set its own prices, policies, and hours. Continue reading Losing Money Isn’t the U.S. Postal Service’s Only Problem Losing Money Isn’t the U.S. Postal Service’s Only Problem originally appeared on DailyFinance on Tue, 02 Mar 2010 17:30:00. Filed Under: Economy , UPS , Federal Express , Retail Permalink | Tweet this! | Comments

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Losing Money Isn’t the U.S. Postal Service’s Only Problem

American manufacturers of weapons and aerospace systems could face a backlash over a $6.4 billion defense systems deal between the U.S. and Taiwan, which the China claims could hurt its national security. Chinese Foreign Minister Yang Jiechi went so far as to say the United States should “truly respect China’s core interests and major concerns, and immediately rescind the mistaken decision … in order to avoid damaging broader China-U.S. relations,” according to the Xinhua news agency. The Chinese consider Taiwan a rogue province with no national standing of its own. Continue reading War of Words Over Arms Sales to Taiwan Could Hurt U.S. Firms War of Words Over Arms Sales to Taiwan Could Hurt U.S. Firms originally appeared on DailyFinance on Sun, 31 Jan 2010 10:55:00. Filed Under: Company News , Technology , Economy , Google , Boeing Permalink | Tweet this! | Comments

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War of Words Over Arms Sales to Taiwan Could Hurt U.S. Firms

(TrendHunter.com) When a store bans pajamas, you have to wonder what mishaps have happened in the past for such a policy to be created. The Tesco store in the United Kingdom has enacted such a policy, and customers who…

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British Pajama Bans – Tesco Grocery Store Bans Pajamas in Customer Dress Code Policy (GALLERY)

Back in late 2007, when Nokia’s ( NOK ) shares were close to $40 per share, the company agreed to shell out $8.1 billion for NavTeq, a leading mapping and navigation company. It was the biggest deal in Nokia’s long history, and it looked like a smart one. Continue reading Weapons of Map Disruption: How Google Is Crushing Nokia’s NavTeq Weapons of Map Disruption: How Google Is Crushing Nokia’s NavTeq originally appeared on DailyFinance on Fri, 22 Jan 2010 12:20:00. Filed Under: Company News , Technology , Google , Nokia Permalink | Tweet this! | Comments

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Weapons of Map Disruption: How Google Is Crushing Nokia’s NavTeq

Nationwide is “on your side” as the financial services giant’s corporate slogan goes, but Lou Haddock doesn’t think so. In a class action originally filed in the United States District Court in Connecticut 2001 Haddock, a trustee of a retirement plan advised by Nationwide, charges it with accepting “revenue sharing payments” from mutual funds as the cost of being included as investment options in its retirement plans. Haddock claims the receipt of these payments violates the Columbus, Ohio-based company’s “fiduciary duty,” which Haddock alleges is the duty to act solely in the best interest of the plan participants. In a previous blog post , I discussed similar claims against another insurance company, John Hancock. Continue reading Is Nationwide on Your Side? Not Everyone Thinks So Is Nationwide on Your Side? Not Everyone Thinks So originally appeared on DailyFinance on Sat, 23 Jan 2010 11:00:00. Filed Under: Retirement , Insurance Permalink | Tweet this! | Comments

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Is Nationwide on Your Side? Not Everyone Thinks So

The consumer price index rose a scant 0.1% for December, and just 2.7% for 2009, the U.S. Labor Department announced Friday , providing only a few crumbs for the inflation hawks. Further, the core rate — which excludes the often-volatile food and energy component — also rose just 0.1% in December, and only 1.8% for all of 2009, which is well within the U.S. Federal Reserve’s “comfort zone” for inflation. A Bloomberg News economists’ survey had expected consumer prices to increase 0.1% and the core rate to rise 0.1% in December. Consumer prices rose 0.4% in November and the core rate was unchanged in November. Used car prices soared 2.5%, apparel prices rose 0.4%, food prices rose 0.2%, gasoline increased 0.2%, shelter cost were unchanged, electricity was unchanged, medical care prices declined 0.1%, new vehicle prices fell 0.3%, and natural gas price fell 0.7%. Most economists do not expect inflation to rise in the months ahead. They say the recession that has idled factory production and resulted in more than 7.6 million lay-offs has led to excess capacity in the commercial sector and slack in the labor force that will limit price and wage increases. Also working against inflation: a reluctance by foreign manufacturers who export goods to the United States to raise prices amid intense competition. Many refuse to raise prices despite cost increases, for fear of being priced out of the lucrative, large U.S. market. Separately, a key regional index pointed to faster growth in the U.S. economy. The Empire State Manufacturing Index soared to 15.9 in January from 2.55 in December, the New York Federal Reserve announced Friday. It was the sixth straight monthly improvement for the closely-watched index. A Bloomberg News economists survey had expected the index to rise to 13.0 in January. Economic Analysis This latest news from the Labor Department showed another tame, monthly, retail inflation report and it closes out a year of very little retail price pressure for the United States: inflation remains low in the world’s largest economy. Further, it appears the deflation threat has lessened somewhat, as well. The key rate, the one the U.S. Federal Reserve monitors closely, is the core rate, and at 1.8% in 2009, it is roughly where the Fed wants it to be — in the 1.3% to 1.8% range. That “comfort zone” core inflation will enable the Fed to continue its accommodative monetary policy for a longer period of time to stimulate the U.S. economy, without the fear of rising prices. Bottom Line for investors: The U.S. economy registered low inflation in 2009, will likely experience the same conditions in 2010. Continue reading CPI up 0.1% in December, 2009 Inflation Remains Tame CPI up 0.1% in December, 2009 Inflation Remains Tame originally appeared on DailyFinance on Fri, 15 Jan 2010 11:00:00. Filed Under: Economy Permalink | Tweet this! | Comments

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CPI up 0.1% in December, 2009 Inflation Remains Tame

Coke Shines in New Solar Deal

Coca-Cola ( KO ) announced another major green initiative in the teeth of the Copenhagen eco-frenzy on December 14, as the world’s biggest beverage company pushes ahead with an aggressive green agenda. Coca-Cola announced it had signed an agreement with Spanish utility Endesa to install a large three megawatt solar installation on rooftops of two Coca-Cola buildings in Seville, Spain. The project will use solar panels made by Energy Conversion Devices ( ENER ), a maker of thin-film flexible solar panels based in Rochester Hills, Mich. Continue reading Coke Shines in New Solar Deal Coke Shines in New Solar Deal originally appeared on DailyFinance on Thu, 17 Dec 2009 17:30:00. Filed Under: Technology , Coca-Cola Company Permalink | Tweet this! | Comments

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Coke Shines in New Solar Deal

As the world’s leaders converge on Copenhagen for the global climate summit, the clouds over what had been deemed a fairly useless exercise in geopolitical stagecraft appeared to be lifting on Thursday. China, the United Kingdom and the United States all stated a climate-change agreement of some sort could be reached. Frameworks for potential deals began to emerge, with developing nations voicing support for compromise proposals. Most dramatic was a proposal that rich nations provide a $100 billion per year climate-change fund to help poorer nations mitigate global warming and reduce carbon emissions. Continue reading World Pledges $100 Billion Yearly to Help Poorer Nations Cut Emissions World Pledges $100 Billion Yearly to Help Poorer Nations Cut Emissions originally appeared on DailyFinance on Thu, 17 Dec 2009 19:15:00. Filed Under: Green Permalink | Tweet this! | Comments

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World Pledges $100 Billion Yearly to Help Poorer Nations Cut Emissions

Filed under: Real Estate Zillow, the real estate home price research company, says that the value of residential real estate ended its sickening drop in 2009. The firm’s chief economist writes, “Total home values in the United States fell $489 billion in the first 11 months of 2009. A large drop, to be sure, but it marks a significant improvement from 2008, when homes lost a total of $3.6 trillion in values.” Zillow says that residential real estate values actually rose in 48 of the 154 markets that it tracks. The largest gains in home values were in Providence, Boston, and Denver. But markets including LA, Chicago, and NYC were still in trouble based on data from January through November. Zillow speculates that low mortgage rates and government assistance programs were helping real estate values. Continue reading Finally, an end to the sharp drop in home values Finally, an end to the sharp drop in home values originally appeared on DailyFinance on Wed, 09 Dec 2009 05:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Finally, an end to the sharp drop in home values