Filed under: People , Media , News Corp. When Nielsen Business Media announced last week it was shutting down book-publishing trade magazine Kirkus Reviews , industry observers could declare a winner to an age-old rivalry: Publishers Weekly . Not that PW hasn’t had its problems. The 136-year-old magazine, published by Reed Elsevier’s ( ENL ) Reed Business Information, has been on the block off-and-on for the last couple of years — and most definitely on since last July . PW has weathered all manner of cuts and layoffs, including that of editor-in-chief Sara Nelson at the start of 2009. But it seems the magazine’s newest strategy for survival is to court controversy. Last month its Best Books of 2009 roster raised hackles for excluding any books by women. This week, it’s the magazine’s cover (pictured), promoting a feature about African-American literature, that’s sparking a debate in the industry. Continue reading Afro-themed image on a magazine cover shocks industry, ignites firestorm Afro-themed image on a magazine cover shocks industry, ignites firestorm originally appeared on DailyFinance on Tue, 15 Dec 2009 13:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Afro-themed image on a magazine cover shocks industry, ignites firestorm

Filed under: Retirement , Investing The autumn’s juicy apples and fresh squash will soon give way to the stale processed foods of winter. And just as people like to pick what produce remains as the agricultural season ends, investors may want to “harvest” their stock market losses as the calendar year closes. Here’s the deal: Any taxpayer in any tax bracket may deduct stock market losses of up to $3,000 against his or her ordinary income. In other words, if you’ve sold stocks at a loss of $3,000 this year, that same amount of your total earnings becomes exempt from taxation. The higher your tax bracket, the more money you save by harvesting losses. Someone taxed at 33% would save $1,000 while someone taxed at 25% would save $750. Continue reading Easy money: Deducting your tax losses could save you up to $1,000 this year Easy money: Deducting your tax losses could save you up to $1,000 this year originally appeared on DailyFinance on Tue, 15 Dec 2009 13:30:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Easy money: Deducting your tax losses could save you up to $1,000 this year

Filed under: Company News , Boeing There are reports that the Boeing ( BA ) Dreamliner could finally get off the ground next week after over two years of delays, which have done severe damage to the company’s image, reputation, and financial health. According to The Wall Street Journal, ” From the moment the Dreamliner is airborne through roughly the next 12 months, Boeing will race the clock to test the new aircraft in high altitudes, subzero temperatures, desert heat and emergency scenarios.” In other words, investor dollars and management jobs could be at risk until late next year. Continue reading The Dreamliner may finally get off the ground The Dreamliner may finally get off the ground originally appeared on DailyFinance on Mon, 07 Dec 2009 10:30:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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The Dreamliner may finally get off the ground

(TrendHunter.com) At Trend Hunter, we’re obsessed with interviewing creative and innovative people. From YouTube celebrities like Marina Orlova (Hot for Words) to our favourite bloggers, like Nandini Maheshwari from BornRich.…

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Top 50 Interviews in 2009

Filed under: Economy , Media If you can afford to spend $87,403 to buy the gifts of ” The Twelve Days of Christmas ” — that’s the Associated Press’s calculation for the full tab, from the 12 drummers drumming down to the partridge in a pear tree — then more power to you. But it might be a lot cheaper to make yourself happy. A variety of spiritual and religious groups will help consumers throw off the shackles of their unhappiness for far less cash than hiring 10 lords a-leaping. My own unscientific survey calculates the cost of being your own best friend as far cheaper than being a true love. Adopting a pet from a shelter for $100 is a great stress-reliever, as is a massage ($80) or a Prozac prescription ($15 with insurance). Continue reading Ten lords a-leaping? $4,414. Making yourself happy for less? Priceless Ten lords a-leaping? $4,414. Making yourself happy for less? Priceless originally appeared on DailyFinance on Mon, 30 Nov 2009 13:00:00 EST. Please see our terms for use of feeds . Read | Permalink | Email this | Comments

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Filed under: Economy After the world’s experience with sub-prime lending, probably the worst call a prognosticator can make about a debt crisis is that it will remain “contained.” So here goes nothing: Chances that the would-be deadbeats in Dubai will set off a series of defaults among emerging market countries seem very, very remote. When Dubai World, the investment arm of the Disney World city-state, said it would miss a $3.5 billion bond payment (a fraction of its $60 billion to $100 billion in liabilities), emerging market stocks swooned and the U.S. dollar soared — pretty much the opposite of the global reflation trade that has done so much to repair our battered 401(k)s. In other words, things were looking ugly. Cut to Monday — and with the exception of shares in Europe, whose banks own 70% of Dubai World’s debt — the dollar is once again falling and our beloved emerging markets are trudging hesitantly upward. From Wednesday’s to Friday’s close, EEM, the iShares MSCI Emerging Markets exchange-traded fund ( EEM ), coughed up 4%, while the dollar spiked on a global flight to safety. Give investors a weekend to digest the news and voila: EEM is posting some fractional gains and the dollar has resumed its slide . Continue reading Dubai debt crisis is contained — and hardly a surprise Dubai debt crisis is contained — and hardly a surprise originally appeared on DailyFinance on Mon, 30 Nov 2009 13:55:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Dubai debt crisis is contained — and hardly a surprise

(TrendHunter.com) Marina Orlova became an online sensation when she created Hot for Words. If you are among the few who haven’t seen it, Marina Orlova finds the origins of words and explains them. Seemingly simple, and…

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Marina Orlova, Star of Hot For Words (INTERVIEW) (GALLERY)

(TrendHunter.com) Naked Books, Phoenetic Bollywood and Baddass Lyrical Graffiti – Today we hunt Hot For Hot For Words: a toast to Marina Orlova 10.  Screw driving on roads! Go off-roading on Brain Castleforte’s “Typographic…

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Hot for Hot For Words (THTV)

Filed under: Company News , Healthcare , Pfizer Pfizer Inc. ( PFE ) claimed yet another record Wednesday. This honor, dubious at best, came about when the pharmaceutical giant agreed to pay a record $2.3 billion to settle civil and criminal charges over marketing of its recalled Bextra arthritis drug and three other medicines. Kathleen Sebelius, Secretary of Department of Health and Human Services called this a “historic settlement,” which “will return nearly $1 billion to Medicare, Medicaid, and other government insurance programs.” Meanwhile, Mike Loucks, acting U.S. Attorney for the District of Massachusetts crowed “The size and seriousness of this resolution reflect the seriousness and scope of Pfizer’s crimes.” What exactly has Pfizer done that has officials basking in their success? Well, once again it has been charged with promoting off-label uses for its drugs and for “certain payments to healthcare professionals.” In other words, representatives of the company were promoting the drugs for conditions that they haven’t been approved for and giving doctors kickbacks to encourage them to prescribe the meds. Continue reading Pfizer pays a record $2.3 billion to settle criminal charges Pfizer pays a record $2.3 billion to settle criminal charges originally appeared on DailyFinance on Wed, 02 Sep 2009 15:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Pfizer pays a record $2.3 billion to settle criminal charges

Filed under: Columns , Economy In recent weeks, amid the health care debate, there’s been a lot of misinformation regarding the wealth of the United States. So let’s set the record straight: the United States has today roughly $50-60 trillion in wealth and investment capital, depending on how one measures each. I’ll repeat the low-end estimate for everyone: fifty trillion dollars. That’s $50,000,000,000,000. The United States: the golden door In other words, despite the nation’s most pronounced recession in more than a generation, despite the horrible housing slump, and despite the 2008 stock market plunge, the United States remains not only the richest nation in the world, but the richest nation and civilization the world has ever known. No nation has ever created and amassed more wealth in absolute terms than the United States. Continue reading Does the U.S. have enough money to solve its problems? Does the U.S. have enough money to solve its problems? originally appeared on DailyFinance on Sun, 16 Aug 2009 08:30:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Does the U.S. have enough money to solve its problems?