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Las Vegas: Startup City

businessweek.com — text size: T T Technology February 02, 2012, 6:00 PM EST Photograph by Brad Swonetz for Bloomberg Businessweek (Corrects Tony Hsieh's title in the dek.) The history of Las Vegas is full of determined men with outsize egos and grand plans.

BNY Mellon Sues Bankrupt Jefferson County Over Sewer Revenue

businessweek.com — February 04, 2012, 9:01 AM EST Feb. 4 (Bloomberg) -- Bank of New York Mellon Corp., as trustee for $3.6 billion of sewer warrants, sued bankrupt Jefferson County, Alabama, claiming it's entitled to all of the county's system revenue. The bank, in a lawsuit filed yesterday in U.S.

Micron Technology CEO Steve Appleton Dies in Airplane Crash

businessweek.com — February 04, 2012, 12:23 AM EST By Adam Satariano and Ian King Feb. 4 (Bloomberg) -- Steve Appleton, who took charge of Micron Technology Inc. at 34 and went on to become the memory- chip industry's longest-serving chief executive officer, died after crashing an experimental plane in Boise, Idaho.
“The things that I do outside of work are why I’ve been successful inside that industry,” Appleton http://t.co/x6Paj1pP
Micron Technology CEO Steve Appleton Dies in Airplane Crash, Businessweek http://t.co/x6Paj1pP

AutoTrader.com Said to Be in Talks for Initial Public Offering

businessweek.com — February 03, 2012, 7:03 PM EST By Cristina Alesci and Serena Saitto Feb. 3 (Bloomberg) -- AutoTrader.com Inc., which runs a website linking buyers and sellers of new and used cars, is talking to banks about a potential initial public offering, a person with knowledge of the discussions said.

Hyundai Says U.S. Sales Growth May Slow on Plant Constraints

businessweek.com — February 03, 2012, 3:33 PM EST By Alan Ohnsman and Craig Trudell Feb. 3 (Bloomberg) -- Hyundai Motor Co., South Korea's largest automaker, said tight production capacity and concern that quality might suffer may slow U.S. sales gains in 2012.
Hyundai's tight plant capacity, quality focus to curb U.S. growth http://t.co/b7GKgbsn

Strip-Club Spending Ban a Target of Lawmakers’ Message Politics

businessweek.com — February 03, 2012, 7:28 AM EST Feb. 3 (Bloomberg) -- The U.S. House has a message for voters who want to cut spending: It passed a bill repealing a long-term health care program that the Obama administration had already dropped, and would bar welfare recipients from spending their benefits in strip clubs and casinos.
U.S. House members will make $1,598 per working day this year for doing not much at all, @LauraLitvan reports. http://t.co/1iXUoGty
Strip-Club Spending Ban a Target of Lawmakers’ Message Politics - Businessweek http://t.co/8eYZ9ImF via @BW

Merkel Raises Wang Yang’s Political Star With Guangdong Trip

mobile.businessweek.com — Merkel Raises Wang Yang's Political Star With Guangdong Trip By Bloomberg News February 03, 2012 7:43 AM EST (Adds Wen and Merkel factory visit in 16th paragraph.) Feb. 3 (Bloomberg) -- Wang Yang, the Communist Party chairman of China's most populous province, gets the chance to raise his profile ahead of the country's leadership transition when he meets tomorrow with German Chancellor Angela Merkel.

Carlos Slim Shows Users How to Switch IPhones Away From AT&T

businessweek.com — February 03, 2012, 4:19 PM EST By Crayton Harrison and Scott Moritz Feb. 3 (Bloomberg) -- Billionaire Carlos Slim's U.S. mobile-phone carrier is instructing users how to switch their iPhones from AT&T Inc. to his prepaid calling plans. The site for Slim's Straight Talk service, sold through Wal-Mart Stores Inc., directs users of the Apple Inc.

North Dakota's Oil Boom Strains Its Infrastructure

businessweek.com — text size: T T Budgets February 02, 2012, 6:00 PM EST "Man camps": what North Dakotans call oil workers' trailer parks Photograph by Matthew Staver/Bloomberg The gravel road that runs in front of Dave Hynek's farm in Mountrail County, N.D., was designed to carry 10 tractor-trailers a day-more than enough to haul the wheat and flax his family has grown on the 1,400-acre property for four generations.
"Man camps" and other parts of N. Dakota's oil boom are straining the state's infrastructure http://t.co/SpS2AdHA

Who Does Google Think You Are?

businessweek.com — text size: T T Privacy February 02, 2012, 6:00 PM EST According to Google, the author of this article isn't Karen Weise, 30-year-old woman and Bloomberg Businessweek reporter. Instead it sees a 55-to-64-year-old man interested in credit cards, finance, Los Angeles, politics, and "table games," whatever those are.
RT @emilychangtv Google thinks I'm a 65+-year-old man. Who does Google think you are?: http://t.co/3yswkym8 @kyweise
Google's ad preferences manager thinks I'm a 65+-year-old man. Find out who Google thinks you are: http://t.co/HoJHZORx
My look at Google's new privacy policy and why it thinks I'm a middle aged man http://t.co/aUssxrtW
Who Does Google Think You Are? (Has me as an older guy. Blame the stock searches!) - http://t.co/d1APl77o via @BW

BOX Options Venue Files With SEC for Its Own Exchange License

businessweek.com — February 02, 2012, 8:35 PM EST Feb. 1 (Bloomberg) -- BOX Options Exchange LLC, owned by the operator of the Toronto Stock Exchange and seven brokers including Citadel LLC and Interactive Brokers Group Inc., filed to become a U.S. securities exchange.

MICRON'S COMEBACK KID

businessweek.com — Steven R. Appleton doesn't let much get in his way. As a kid, he refused to go to the doctor about a stomach pain--then almost died because his appendix had burst. A nationally ranked tennis player at Boise State University, he learned to play left-handed after breaking his right wrist.
Awful news: Micron CEO Steve Appleton has died in a plane crash. I wrote about this bold, colorful leader in 1996: http://t.co/e62skZWA

Bank of America Wins Dismissal From Allstate Countrywide Suit

businessweek.com — February 03, 2012, 5:27 AM EST Feb. 3 (Bloomberg) -- Bank of America Corp. won dismissal from Allstate Corp.'s lawsuit over the insurer's alleged losses from $700 million in mortgage-backed securities purchased from Countrywide Financial Corp. Bank of America, as a corporate parent, isn't responsible for the liabilities of Countrywide, the mortgage lender it acquired in 2008, U.S.
RT @LadDave: Bank of America Wins Dismissal From Allstate Countrywide Suit - BizWeek http://t.co/7mA2NZ99

Google Told to Pause Privacy Changes in EU Over French Check

businessweek.com — February 03, 2012, 12:54 PM EST (Updates with Google comment in seventh paragraph, EU comment in tenth paragraph.) Feb. 3 (Bloomberg) -- Google Inc., owner of the world's most-popular search engine, was asked to "pause" changes to its privacy policy in Europe during an examination by France's data-protection agency.

U.S. Lacks Fiscal Plan to Regain AAA Grade, S&P’s Chambers Says

businessweek.com — February 03, 2012, 12:56 PM EST By John Detrixhe and Sara Eisen Feb. 3 (Bloomberg) -- The U.S. lacks a medium-term fiscal plan that would remove the negative outlook on the nation's rating, let alone help it regain its top credit grade, according to John Chambers of Standard & Poor's.
U.S. Lacks Fiscal Plan to Regain AAA Grade, S&P’s Chambers Says - Businessweek http://t.co/ZlyjdXlY via @BW

Lawyers Rank Third on Obama Donor List Even With Lobbying Ties

businessweek.com — February 03, 2012, 10:40 AM EST (For more campaign news, go to ELECT.) Feb. 3 (Bloomberg) -- President Barack Obama's top sources of campaign funds include employees at law firms that made $20 million last year trying to influence Washington.

U.S. Midwest Jobs Return as Applesauce Lifts Obama

businessweek.com — February 01, 2012, 7:18 AM EST By Jeff Green and Mark Niquette (Corrects name of Materne North America in 23rd paragraph of story published yesterday.) Jan. 30 (Bloomberg) -- From northern Michigan's iron mines to Pennsylvania's natural-gas fields, the industrial heartland of America is humming with jobs again as a region once left for dead recovers faster than the rest of the U.S.

Videos: News & Business Videos

businessweek.com — Jan. 19 (Bloomberg) -- Bloomberg Businessweek Senior Editor David Rocks Jan. 19 (Bloomberg) -- Bloomberg Businessweek Senior Editor David Rocks talks about the BBW50, a ranking of top-performing companies in the Standard & Poor's 500 Index. (Source: Bloomberg) Gibson CEO on Federal Raids of Factories Jan.
Check out BloombergBusinessweek & businessweek.com re: #Dakota oil boom & more. Here's a highlight from my ND trip. http://t.co/fRxLVGoT

Timing for Potential Iran Military Strike Divides U.S., Israel

businessweek.com — February 03, 2012, 11:39 AM EST By Nicole Gaouette and Jonathan Ferziger Feb. 3 (Bloomberg) -- The U.S. and Israel are publicly disagreeing over timing for a potential attack on Iran to prevent it from acquiring nuclear weapons.
Timing for Potential Iran Military Strike Divides U.S., Israel - Businessweek http://t.co/F9q4fOrJ via @BW

World Understands Need to Prevent a Nuclear Iran, Barak Says

businessweek.com — February 03, 2012, 5:34 AM EST (Updates with official's comments on nuclear talks starting in ninth paragraph.) Feb. 3 (Bloomberg) -- Israeli Defense Minister Ehud Barak said yesterday the window of opportunity to act effectively against Iran's nuclear program is closing and, if sanctions fail, military action must be considered.
World Understands Need to Prevent a Nuclear Iran, Barak Says - Businessweek http://t.co/PXEfmrcT via @BW

Iran-Turkey Ties Under Strain From Mideast Sunni-Shiite Divide

businessweek.com — February 03, 2012, 9:15 AM EST Feb. 3 (Bloomberg) -- Turkey's ties with Iran are under growing strain as the countries split on sectarian lines over Middle East conflicts, depriving the Islamic republic of an ally against western nuclear pressure. Turkey hosts opposition groups seeking to unseat Iran's Syrian ally, President Bashar al-Assad.
Iran-Turkey Ties Under Strain From Mideast Sunni-Shiite Divide - Businessweek http://t.co/iEJtAC3y via @BW

The Parent Trap: Tuition Debt

businessweek.com — text size: T T Lending February 02, 2012, 6:00 PM EST Terry Williams will take on $40,000 in government loans to pay for college Photograph by Kendrick Brinson for Bloomberg Businessweek Terry Williams borrowed about $7,000 to earn a degree from Spelman College 38 years ago.

A Tale of Two Election Year Recoveries

businessweek.com — text size: T T Global Economics February 02, 2012, 6:00 PM EST By Mike Dorning and Timothy R. Homan The late President Ronald Reagan looms large over this year's Presidential election. GOP candidates invoke him as the visionary who revived a flattened economy with lower taxes, easier regulations, and smaller government.

Making the World's Largest Airline Fly

businessweek.com — Features February 02, 2012, 1:05 PM EST Last July, 14 months after United and Continental Airlines announced they were combining to form the largest carrier in the world, the merged airline took one of the thousands of steps required to integrate its fleet: It harmonized the coffee.
RT @longreads: "Making the World's Largest Airline Fly." @drakepbennett, @BW on United / Continental merger http://t.co/QuMcI5Hn v @kais ...

EU Climate Chief Seeks Doubling of Global Clean Energy at Rio

businessweek.com — February 03, 2012, 7:13 AM EST Feb. 3 (Bloomberg) -- European Union Climate Commissioner Connie Hedegaard said countries meeting at a conference in June should pledge to double the share of renewable energy they use by 2030 and give all citizens access to sustainable power.

UBS, Credit Suisse Among Banks in Swiss Libor-Fixing Probe

news.businessweek.com — Feb. 3 (Bloomberg) -- UBS AG and Credit Suisse Group AG are among 12 banks facing a Swiss inquest into possible manipulation of the London interbank offered rate, the latest probe into how the benchmark for $350 trillion of financial products is set.
The LIBOR investigation has been on slow burn for awhile but it could be heating up. http://t.co/7OlJnyUR

Las Vegas: Startup City

businessweek.com — text size: T T Technology February 02, 2012, 6:00 PM EST Photograph by Brad Swonetz for Bloomberg Businessweek The history of Las Vegas is full of determined men with outsize egos and grand plans. There was Bugsy Siegel in the 1940s, envisioning a gambling mecca in the desert, away from the reach of law enforcement.
RT @rictandag: Las Vegas: Startup City - Businessweek http://t.co/EIIpUi6H via @BW most unconventional redevelopment effort; campus...

Bugatti Vies With $32 Million Ferrari as Cars Lure Buyers

businessweek.com — February 03, 2012, 2:11 AM EST (Updates with Bonhams auction, starting in seventh paragraph.) (For more Bloomberg Muse, click on MUSE .) Feb. 2 (Bloomberg) -- Car dealers who are in Paris for sales of Porsche and Aston Martin classics have revealed that a Ferrari was bought this year for about $32 million.
Bugatti Vies With $32 Million Ferrari as Cars Lure Buyers - Businessweek, my edit http://t.co/QDhWZle1 via @BW

Wall Street Split as Money Managers Fault Bank Foreclosure Deal

businessweek.com — February 03, 2012, 2:11 AM EST By Jody Shenn and Bradley Keoun Feb. 3 (Bloomberg) -- Wall Street's biggest lobbying group is split over a proposed settlement of state and federal foreclosure probes, after a committee of money managers signaled it opposes terms letting banks push some costs onto bondholders.
Wall Street Split as Money Managers Fault Bank Foreclosure Deal - Businessweek via @BW http://t.co/QdncSMad

AIG ‘Playing Offense’ Again With Buyback, Chairman Miller Says

businessweek.com — February 03, 2012, 6:10 AM EST By Noah Buhayar and Carol Massar Feb. 3 (Bloomberg) -- American International Group Inc., the insurer that sold more than $50 billion in assets to repay a U.S. government rescue, is now focused on growth and returning capital to investors, Chairman Steve Miller said.
$AIG playing "offense" again. Hear what Chairman Steve Miller has to say here and on @BloombergTV. http://t.co/A9Nr4b8k

Making the World's Largest Airline Fly

businessweek.com — text size: T T Features February 02, 2012, 1:05 PM EST Illustration by Jennifer Daniel Last July, 14 months after United and Continental Airlines announced they were combining to form the largest carrier in the world, the merged airline took one of the thousands of steps required to integrate its fleet: It harmonized the coffee.
If you fly, you really need to read this. Better still, you'll love reading it. http://t.co/AuYxRACc
Oops, wrong link: Read about ponies and airline mergers here http://t.co/8LH2pcpi via @BW

The Dodgers' All-Star Lineup of Suitors

businessweek.com — text size: T T Features February 01, 2012, 11:00 PM EST SAC Capital's Cohen has hired architects to study remodeling 50 year-old Dodger Stadium Photograph by Joseph Sohm/Visions of America/Corbis Like all good Hollywood sagas, this one starts with a sensational divorce. Two, actually.

India Edges Maoist Rebels From Mining Zone, Chidambaram Says

businessweek.com — February 02, 2012, 9:07 PM EST By James Rupert and Bibhudatta Pradhan (Updates with Supreme Court order on Chidambaram investigation in sixth paragraph.) Feb. 2 (Bloomberg) -- India is winning command over mineral-rich areas where Maoist guerrilla attacks deter billions of dollars in potential investment, Home Minister Palaniappan Chidambaram said, one year after he declared the conflict deadlocked.
Chidambaram tells Bloomberg Maoist rebels retreating frm mining zones. Reaffirms case he's a pathological liar/moron http://t.co/aih5DzBS

Ill Wind Blows for BMW on Storm Promotion

businessweek.com — text size: T T February 02, 2012, 12:50 PM EST An unusual German custom-letting people pay for the right to assign their names to weather systems-has created a public relations nightmare for BMW's Mini Cooper brand.
BMW paid $650 to name a European cold front after its Mini Cooper -- That storm has now killed over 100 people | http://t.co/MHmwwZ8f
BMW learns that paying for naming rights of storms-yes, storms-may be a public relations nightmare http://t.co/6iEpqFur via @BW

Facebook, Wall Street: Friends with Benefits

Facebook aligned w/ Wall St at time when public hostility to financial establishment higher than ever writes @bradstone http://t.co/oLqmF1dx
@bradstone offers a thoughtful look at the Facebook IPO Facebook, Wall Street: Friends with Benefits - http://t.co/YsV9o1kr via @BW
Choosing btw Morgan and Goldman for IPO lead: like choosing between a leech and a tick for a medicinal bloodletting. http://t.co/vC0KQoIq
Facebook's by-the-book Wall Street IPO -- helping the rich get richer. Yeah, I went there: http://t.co/vC0KQoIq
Show 3 more tweets from Brad Wieners, Jim Aley, Saqib Ahmed

UN Diplomats Quarrel on Syria as Russia Resists Arab Proposal

businessweek.com — February 03, 2012, 1:23 AM EST Feb. 3 (Bloomberg) -- Three days of negotiations on Syria at the United Nations Security Council failed to persuade veto- wielding Russia to back an Arab League plan to end the bloodshed in the Middle East nation. "This is not done," U.S.
UN Diplomats Quarrel on Syria as Russia Resists Arab Proposal - Businessweek http://t.co/ZkEMej06 will latest concessions win Russia over?

You Got Todd Palin? I Just Snagged Dan Quayle

businessweek.com — Candidates love the bragging rights that come when luminaries endorse them for President. But for every Nancy Reagan there are scores of … not Nancy Reagans, hoping to glom some free publicity by attaching themselves to a man who would be President. A C-list tour of the GOP field.
RT @BW: You got Todd Palin? Well, I just snagged Barry Manilow! - http://t.co/SCT8sedw - A C-list tour of GOP endorsements.
Barry Manilow is GOP?? RT @myurow: You got Todd Palin? Well, I just snagged Barry Manilow! http://t.co/HBqKyLWG - C-list GOP endorsements
You got Todd Palin? Well, I just snagged Barry Manilow! - http://t.co/EJvtOQbm - A C-list tour of GOP endorsements.
With Trump set to weigh in, a timely @BW list of lamest endorsements (Barry Manilow!) http://t.co/YWdw0BLl

The Obsolete Jobs Club

businessweek.com — text size: T T Companies & Industries February 01, 2012, 11:30 PM EST From an economic standpoint, it's hard to lament the loss of the Wal-Mart greeter. The prospect of getting paid minimum wage to stand at the front of a store in a "How May I Help You?"
Then again, I don't want to be greeted in @walmart at 2 a.m. ... The Obsolete Jobs Club - Businessweek http://t.co/ppVhwbSE via @BW

Super Bowl Lands on Taxpayers’ Backs as Stadium Deal Turns Sour

businessweek.com — February 02, 2012, 12:23 PM EST By Aaron Kuriloff and Darrell Preston Feb. 2 (Bloomberg) -- While Super Bowl fans are riding zip lines through downtown Indianapolis this week in the runup to the National Football League's championship game, taxpayers are digging deeper in their pockets to pay for the stadium where the game will be played.
Great @BW story from Aaron Kuriloff and Darrell Preston about Indiana tax payers stuck paying for Super Bowl stadium http://t.co/x8Tkwg9g
A cautionary tale as STL mulls its dome. That Super Bowl-hosting stadium in Indy is costing taxpayers there a bundle... http://t.co/AyFDWkWi

Carson City Prostitutes Stand Up for Paul Donating Their Tips

businessweek.com — February 02, 2012, 12:34 AM EST (For more campaign news, go to ELECT.) Feb. 2 (Bloomberg) -- A poker player helped rent a billboard, a Mormon spreads the word at root beer socials and prostitutes at a famous brothel turn tricks and donate their customers' tips -- all for Ron Paul.
RT @amandajcrawford: Carson City Prostitutes Stand Up for Paul Donating Their Tips - Businessweek http://t.co/LjQfVcyc via @BW
Carson City Prostitutes Stand Up for Paul Donating Their Tips - Businessweek http://t.co/RTDTJ0vr via @BW

Billionaire Donors Keep Favored Presidential Hopefuls Afloat

businessweek.com — February 02, 2012, 12:43 PM EST (Updates with Friess comments in second paragraph under ‘Open Checkbook' subhead. For more campaign news, see ELECT.) Feb. 2 (Bloomberg) -- More than 50 years ago, Joseph Kennedy used his wealth to advance the political career of his son, President John F. Kennedy.
"Billionaire Donors Keep Favored Presidential Hopefuls Afloat" by @bykowicz http://t.co/0C3IV0Wl
Three wealthy donors kept hopes alive for Republican presidential contenders Gingrich, Santorum, Huntsman http://t.co/hzwU191c via @BW

Lightspeed Said to Be Raising $875 Million for U.S., China Funds

businessweek.com — February 02, 2012, 8:32 PM EST By Ari Levy and Sabrina Willmer Feb. 2 (Bloomberg) -- Lightspeed Venture Partners, an investor in LivingSocial.com, has almost finished raising two funds, one in the U.S. and one in China, totaling about $875 million, said two people with knowledge of the matter.
Lightspeed Said to Be Raising $875 Million for U.S., China Funds - Businessweek http://t.co/VK150sQO via @BW

Clara Shih's Hearsay Social

businessweek.com — text size: T T Innovator February 02, 2012, 6:00 PM EST Photograph by Mathew Scott for Bloomberg Businessweek Since 2009, Clara Shih has published a bestseller, co-founded a fast-growing startup, and joined Starbucks' board of directors.
New in BW mag: Since 2009, @clarashih has published a bestseller, founded a hot social startup & joined Starbucks board http://t.co/3H8DNArU

The Real Reason Small Business Hiring Is Down

businessweek.com — text size: T T Viewpoint January 13, 2012, 2:45 PM EST Entrepreneurs aren't hiring like they used to. If the average business started in 2010 had the same first-year hiring as the average business started in 1994, new ventures would have produced an additional 1.3 million jobs in 2010.
Real Reason Businesses Don't Hire (Bloomberg BusinessWeek article) http://t.co/T2yBuSdZ

Videos: News & Business Videos

businessweek.com — Gibson CEO on Federal Raids of Factories Jan. 20 (Bloomberg) -- Henry Juszkiewicz, chief executive officer of Jan. 20 (Bloomberg) -- Henry Juszkiewicz, chief executive officer of Gibson Guitar Corp., talks with Bloomberg Businessweek's Ben Austen about U.S.

After Hedge Funds, a Career Rejuvenation

businessweek.com — text size: T T Next Life February 02, 2012, 6:00 PM EST Macklowe says that anyone running a startup has to treat Saturday the same way they treat Monday Photograph by Martha Camarillo for Bloomberg Businessweek After graduating from the University of Virginia in 1999, Julie Macklowe got a job as an analyst at J.P.

Who Does Google Think You Are?

businessweek.com — text size: T T Privacy February 02, 2012, 6:00 PM EST According to Google, the author of this article isn't Karen Weise, 30-year-old woman and Bloomberg Businessweek reporter. Instead it sees a 55-to-64-year-old man interested in credit cards, finance, Los Angeles, politics, and "table games," whatever those are.
Google thinks I'm a man! Probably the only entity that would make that mistake. Who does Google think you are? http://t.co/52NCUD3I

Mecca Show, Camden Cocktails, Lorca’s Mad Widow: London Weekend

businessweek.com — February 02, 2012, 2:38 AM EST (For more Bloomberg Muse, click on MUSE .) Feb. 2 (Bloomberg) -- A dozen women in black chadors crowd the home of a mourning widow and her unwed daughters. The widow's name is Bernarda. She's the heroine of Federico Garcia Lorca's "The House of Bernarda Alba," transposed to rural Iran in a new staging.
Mecca Show, Camden Cocktails, Lorca’s Mad Widow: London Weekend Guide - Businessweek, my edit, http://t.co/YGmRnX7e via @BW

Romney Defends ‘Poor’ Remark, Stays on Attack as Race Moves West

businessweek.com — February 02, 2012, 4:32 PM EST (For more 2012 campaign news, see ELECT.) Feb. 2 (Bloomberg) -- Mitt Romney sought to seize the upper hand in the Republican presidential race after his 14-point triumph in Florida, assailing rival Newt Gingrich as not a "pure conservative" even as he defended his own attitude toward economically disadvantaged Americans.
Romney Defends ‘Poor’ Remark, Stays on Attack as Race Moves West - Businessweek http://t.co/FqoHIazf via @BW

Orascom Telecom Media Shares Jump After North Korea Announcement

businessweek.com — February 02, 2012, 10:01 AM EST Feb. 2 (Bloomberg) -- Orascom Telecom Media & Technology Holding SAE advanced for an eighth day after the mobile-phone operator headed by billionaire Naguib Sawiris said its subscribers in North Korea exceeded one million. The shares climbed 3.6 percent to 1.16 Egyptian pounds at 1:36 p.m.

Honda Drafts Ferris Bueller, Jerry Seinfeld for U.S. Rebound Bid

businessweek.com — February 02, 2012, 5:46 PM EST Feb. 3 (Bloomberg) -- Honda Motor Co., coming off its worst year in the U.S., has produced two offbeat Super Bowl ads with stars Matthew Broderick and Jerry Seinfeld to revive interest in its brands. Honda will air the two 60-second spots during Feb.

FCC Pushes E-Textbooks on U.S. Schools Facing Budget Crunch

businessweek.com — February 02, 2012, 12:23 AM EST Feb. 2 (Bloomberg) -- A Federal Communications Commission effort to bring digital textbooks to U.S. students faces resistance from schools with limited budgets for buying devices such as Apple Inc.'s iPad tablet computer. FCC Chairman Julius Genachowski announced plans yesterday to get all U.S.
FCC is pushing school districts to get all students using e-textbooks w/in 5 years. Schools ask: Using what for $$$ http://t.co/GyjNi2pK

UCLA MBA Applicants Rejected for Plagiarism Totals 52

businessweek.com — The number of MBA applicants at UCLA's Anderson School of Management that have been rejected because of plagiarism has grown exponentially, with 40 more rejected in the second round of applications. The new cases of plagiarism bring the total to 52. As we reported yesterday, 12 cases of plagiarism were discovered in a batch of 870 first-round applications.

Goldman Sachs Said to Consider Hiring Ex-Geithner Aide Siewert

businessweek.com — February 02, 2012, 8:38 AM EST By Cristina Alesci and Christine Harper Feb. 1 (Bloomberg) -- Goldman Sachs Group Inc. may hire Richard "Jake" Siewert Jr., a former counselor to U.S. Treasury Secretary Timothy F. Geithner, to manage the bank's communications department, according to three people familiar with the situation.

Groundhog Day: 7 mistakes retirees make repeatedly

businessweek.com — Despite the best of intentions, retirees tend to make the same money mistakes over and over and over again. Repeating the same scenario isn't all unpleasant, as Bill Murray discovered while endlessly reliving Groundhog Day in Punxsutawney, Pa. You can learn to play the piano, speak French, ice sculpt, go out to a lot of nice dinners, and more.
Did retirees see their financial 'shadows' today? 7 Groundhog Day-style goofs that retirees make repeatedly. http://t.co/9lQ82fi7

United Continental, Delta Air May Gain From AMR’s Bankruptcy

businessweek.com — December 06, 2011, 1:51 PM EST Nov. 29 (Bloomberg) -- United Continental Holdings Inc. and Delta Air Lines Inc., the two largest U.S. carriers, stand to benefit from the bankruptcy filing by American Airlines parent AMR Corp., analysts said.
Miniature Ponies are allowed on the new United Airlines, just like they always were on Continental. http://t.co/dOt8AxqO via @BW

Zuckerberg Controlling 57% of Facebook Seen as Risk to Investors

businessweek.com — text size: T T Technology February 02, 2012, 12:35 AM EST (Bloomberg) - Mark Zuckerberg's majority control over Facebook Inc. puts too much power in the hands of one person and may deter potential investors in the company's initial public offering, corporate-governance experts said.
Zuckerberg has total control over directors, takeovers, comp, and succession. FB doesnt even need independent directors http://t.co/xgHwHmvj
RT @Techmeme: Zuckerberg Controlling 57% of Facebook Seen as Risk to Investors (@dmac1 / Bloomberg) http://t.co/oU94u0XI http://t.co/hgl ...

Bill Gates Alum Seeks to Thwart L.A.’s ‘End of Days’ School Cuts

businessweek.com — February 02, 2012, 11:10 AM EST Feb. 2 (Bloomberg) -- Every Thursday at 7:30 a.m., John Deasy huddles with his top aides in the Los Angeles Unified School District to pore over data tracking everything from English language proficiency to attendance.

‘Glenstrata’ Domain Name Registered by Glencore CIO in 2010

businessweek.com — February 02, 2012, 11:21 AM EST By Jesse Riseborough and Chris Spillane Feb. 2 (Bloomberg) -- Glencore International Plc, in talks to combine with Xstrata Plc, registered the website domain name Glenstrata.com more than a year before making its approach to the world's largest producer of power-station coal.

Blackstone Fourth-Quarter Profit Falls on Performance Fees

businessweek.com — February 02, 2012, 11:36 AM EST By Devin Banerjee and Cristina Alesci (Updates with Tony James' comments beginning in fourth paragraph.) Feb. 2 (Bloomberg) -- Blackstone Group LP, the world's largest private-equity firm, said fourth-quarter profit fell 12 percent as performance fees and investment income declined.

Jaguar Land Rover Said to Plan China Partnership With Chery

businessweek.com — February 02, 2012, 10:50 AM EST By Siddharth Philip and Chris Reiter (Updates with fund manager's comments in fourth paragraph.) Feb. 2 (Bloomberg) -- Jaguar Land Rover, the luxury vehicle unit of India's Tata Motors Ltd., plans to partner with Chery Automobile Co. to build vehicles in China, two people with direct knowledge of the matter said.

Petrobras’s $25 Billion of Bids Signal No Glut: Brazil Credit

businessweek.com — February 02, 2012, 8:30 AM EST By Boris Korby and Gabrielle Coppola Feb. 2 (Bloomberg) -- Petroleo Brasileiro SA's dollar bonds are posting their biggest rally in eight weeks, dispelling concern the Brazilian state-owned oil producer's record $7 billion offering yesterday will create a glut.

UN Syria Draft Resolution Removes References to Power Transfer

businessweek.com — February 02, 2012, 10:13 AM EST Feb. 2 (Bloomberg) -- Arab and European negotiators at the United Nations seeking a draft resolution backing Arab League calls for Syrian President Bashar al-Assad to step aside have removed specific references that spell out a power transfer.
UN Syria Draft Resolution Removes References to Power Transfer - Businessweek http://t.co/iTLpWrT8 via @BW

Goldman’s Chief Russia Trader Quits to Build New York Sauna

businessweek.com — February 02, 2012, 6:39 AM EST (Updates with executives' departures in final paragraph.) Feb. 1 (Bloomberg) -- Goldman Sachs Group Inc.'s chief equity trader in Moscow, Peter Kizenko, said he quit to return to New Jersey and finish building a commercial Russian sauna.
RT @kgittleson: amazing. RT @laurenlacapra: Goldman’s Chief Russia Trader Quits to Build New York Sauna - Businessweek http://t.co/QOnTgRAp

Niederauer Keeps NYSE Board Support as Deutsche Boerse Backs CEO

businessweek.com — February 02, 2012, 2:49 AM EST By Nandini Sukumar, Nina Mehta and Whitney Kisling Feb. 1 (Bloomberg) -- Duncan Niederauer and Reto Francioni retained the backing of their boards even after regulators in Brussels put an end to their year-long attempt to merge NYSE Euronext and Deutsche Boerse AG.
On NYX/Deutsche Boerse deal ending, Niederaur and Francioni, from yesterday: http://t.co/zzPvtMSh

Iran Atomic Tensions Get Respite After IAEA Books Tehran Return

Iran Atomic Tensions Get Respite After IAEA Books Tehran Return - Businessweek http://t.co/VGRoZe5u via @BW

Panetta Seeks Afghan Combat End in 2013 With France Back in Line

businessweek.com — February 02, 2012, 6:51 AM EST Feb. 2 (Bloomberg) -- U.S. Defense Secretary Leon Panetta will seek to pull France back in line today and prevent the 50- nation NATO-led coalition in Afghanistan from fracturing by offering a plan to end the coalition's primary combat role starting in mid-2013.
Panetta Seeks Afghan Combat End in 2013 With France Back in Line - Businessweek http://t.co/z95WxMJQ via @BW

Honda, Kia Fume as Obama Saves Auto-Show Love for U.S. Makers

businessweek.com — February 02, 2012, 6:04 AM EST Feb. 2 (Bloomberg) -- As President Barack Obama planned a visit to the Washington Auto Show for Jan. 31, non-U.S.-based automakers including Honda Motor Co. and Toyota Motor Corp. hustled to show off for him. On about two days' notice, they flew in executives from as far away as California.

Glencore Said to Be Near Agreement to Combine With Xstrata

businessweek.com — February 02, 2012, 1:39 AM EST By Elisabeth Behrmann and Brett Foley (Updates to add Glencore shares in fifth paragraph.) Feb. 2 (Bloomberg) -- Glencore International Plc is nearing an agreement to combine with Xstrata Plc, adding mines from Africa to Asia to the world's largest listed commodity trader, said two people with knowledge of the plan.
Glencore Said to Be Near Agreement to Combine With Xstrata - Businessweek http://t.co/NXhpzdqx via @BW

‘Power Rangers’ Billionaire Saban Looking for Asian Investments

businessweek.com — February 02, 2012, 12:17 AM EST Feb. 2 (Bloomberg) -- Saban Capital Group, U.S. billionaire Haim Saban's private-equity firm, opened its first Asian office in Hong Kong and plans to invest "a significant" amount of capital in the region, said the company's president.
‘Power Rangers’ Billionaire Haim Saban Looking for Asian Investments. http://t.co/kFXXS2kP #MorphinTime

WikiLeaks’s Assange Sued on Eve of U.K. Extradition Appeal

businessweek.com — February 01, 2012, 2:43 AM EST (Updates with Assange moving in seventh paragraph.) Jan. 31 (Bloomberg) -- WikiLeaks founder Julian Assange, who will ask the U.K. Supreme Court tomorrow to block his extradition to Sweden in a rape case, was sued by the British law firm he hired after his 2010 arrest.

MF Global Risk Chief Switch Stalled Euro Debt Cut by Six Months

businessweek.com — February 01, 2012, 7:34 PM EST By Silla Brush and Phil Mattingly Feb. 2 (Bloomberg) -- A switch from one risk oversight officer to another led to a half-year delay in efforts to reduce MF Global Holding Ltd.'s bets on European debt, contributing to the firm's bankruptcy, according to statements by the two former executives.
MF Global Risk Chief Switch Stalled Euro Debt Cut by Six Months - Businessweek http://t.co/Y5Ny2Ih2 with @Phil_mattingly

Chrysler, Koreans Push U.S. Sales; Honda Posts Surprise Gain

businessweek.com — February 01, 2012, 6:17 PM EST By Craig Trudell and Keith Naughton (Updates stock prices in the 13th paragraph.) Feb. 1 (Bloomberg) -- Chrysler Group LLC, Hyundai Motor Co. and Kia Motors Corp. led gains in January U.S. auto sales, while Honda Motor Co.
Chrysler, Korean brands drive U.S. sales; Honda posts surprise gain http://t.co/q1Sgq4Jx

Harvard Joins Groupon Investor to Finance Student Startups

businessweek.com — February 01, 2012, 12:06 AM EST (Updates with types of companies to be funded in second paragraph.) Jan. 27 (Bloomberg) -- Harvard University joined with New Enterprise Associates, the first outside investor in Groupon Inc., to start a seed-stage venture fund for financing student startups and investing on the U.S.
Harvard Joins Groupon Investor to Finance Student Startups - Businessweek http://t.co/C3t2kIF5 via @BW

Boeing-Textron V-22 Said to Be Cut $1.75 Billion by Pentagon

businessweek.com — February 01, 2012, 3:17 PM EST Feb. 1 (Bloomberg) -- The Pentagon will eliminate 24 V-22 Osprey aircraft built by Boeing Co. and Textron Inc. from its five-year budget plan, saving $1.75 billion through 2017, according to two U.S. officials.
Boeing-Textron V-22 Said to Be Cut $1.75 Billion by Pentagon - Businessweek http://t.co/imCPju3x via @BW

Texas Emerging Technology Fund’s $169 Million Created 820 Jobs

businessweek.com — February 01, 2012, 7:45 AM EST Feb. 1 (Bloomberg) -- Texas's Emerging Technology Fund, used by Governor Rick Perry to attract business to the second- most populous state, has committed $192.7 million in 133 awards since 2006, resulting in 820 new jobs, the fund said.

Toyota Sees Plug-In Prius Exceeding Volt’s U.S. Fuel Efficiency

businessweek.com — February 01, 2012, 10:40 AM EST Feb. 1 (Bloomberg) -- Toyota Motor Corp. expects its rechargeable Prius, capable of going 15 miles on electricity alone, to get a higher fuel-economy rating than General Motors Co.'s Chevrolet Volt plug-in hybrid. Toyota now expects its plug-in Prius to be rated by the U.S.
Toyota expects plug-in Prius to get better U.S. efficiency rating than Chevy Volt http://t.co/YHqujH0o

UN Urges Syria Accord to End Violence as Assad Forces Attack

businessweek.com — February 01, 2012, 10:40 AM EST By Emre Peker and Calev Ben-David (Updates with deaths in second paragraph, French comment on Russia, clashes and Arab League meeting starting in eighth.) Feb. 1 (Bloomberg) -- United Nations Secretary-General Ban Ki-moon urged the international community to agree on a resolution that will help end violence in Syria as President Bashar al-Assad's forces kill more protesters.
UN Urges Syria Accord to End Violence as Assad Forces Attack - Businessweek http://t.co/wl8YBx34 via @BW

Small Business Share of Economy, Job Growth Shrinks

businessweek.com — It's no secret that the years since the financial crisis have been tough on small business. What's more surprising, though, is that their role in the U.S. economy had already been diminishing for years before the Great Recession.
RT @BankruptingAm: Bad news for small biz. Their share of economy since 2002 on the decline. More from @BW: http://t.co/PLVZkAjW
Small business's role in the US economy had already been shrinking for years before recession, new paper suggests http://t.co/w0nllGrc

How Archie Manning Raised Two Super Bowl Champs

businessweek.com — text size: T T Hard Choices January 31, 2012, 12:04 PM EST I didn't want to be one of these pushy daddies. I'm as proud as the next guy, but I've always been a little skeptical of the daddies who walk around talking about what great athletes their kids are.
"A lot of the last 6 years, we’ve had a child play in the Super Bowl" Archie Manning on Eli & Peyton to @wkeenan_mayo http://t.co/5224nOE7
btw, eli manning's dad didn't think he was going to be that into sports: http://t.co/nJ7OiUdy @BW

Dodd-Frank in One Graph

businessweek.com — Big portions of the financial reform law are set to go into effect this year. Intended to make corporate practices transparent, the law itself is anything but. The government has yet to spell out the details of most of the 400 new regulations it imposes. A non-headache-inducing guide.