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The SEC has officially barred Bernard Madoff from the securities business as part its partial settlement first announced in February.

UK ? June 11, 2009 ? The uncertainty the financial crisis and recession is creating for the pensions industry and the economy will be the theme of the Watson Wyatt and Cass Business School lecture delivered by Dr Martin Weale, Director of the National Institute of Economic and Social Research (NIESR), later this month. [Europe]

CommPartners and CTI partner to offer cost-conscious businesses a scalable VoIP call recording solution. - Network operator CommPartners Connect and communications software and services specialist CTI Group, Inc. announced a partnership to bring hosted VoIP call recording, via SmartRecord IP, to small to medium-sized businesses (SMBs). The companies say this integration with the CommPartners Connect Broa...

School Specialty's (SCHS) fiscal fourth quarter sales came in as expected, but the company's earnings easily beat our estimate thanks to strong cost-cutting efforts. The company did not provide specific guidance for fiscal year 2010, citing delays in the passage of state and school budgets. SCHS is highly dependent on state and local governments for its revenues, and many of those governments are dealing with falling tax receipts and rising budget deficits. The federal government's stimulus package should help, but there is no guarantee that those funds find their way into education. As such, School Specialty's revenue could come in below even our pessimistic forecasts. We would continue to avoid SCHS shares because the company's future results will not be due to the execution of its business model -- they will be determined by decisions made by state and local governments. Trying to game spending by state and local governments is not a prudent investment strategy

Executives are likely to continue cutting back on business travel even when the recession ends, it was revealed today. As many as 86% of UK and European companies have been reducing busine...

Gov. Rick Perry has signed a bill giving a tax break to 40,000 small businesses.

June 17 (Reuters) - Harbinger Capital Partners is conducting a strategic review of its home appliance business Salton with an eye towards a possible sale or a refinancing of the company's debt, the New York Post said citing sources.

Investors are finding more reason for caution as questions linger over how quickly the economy can bounce back. Stock futures are mixed and showing only modest moves early Wednesday as investors await economic data on inflation and trade. Investors also will... Sponsored Topics: Standard & Poor - Asia - Business - United States - US

US buyout groups Carlyle, Blackstone and TPG are leading an investor group that is bidding to acquire First Republic Bank, a private banking unit of Bank of america, reports Bloomberg. The firms may partner with First Republic chairman James Herbert. BofA is selling businesses to raise capital after receiving $45bn in government rescue funds....

White House adviser Christina Romer says President Barack Obama's proposal to overhaul the financial regulatory system in this country must be accepted because 'the status quo is not an option.' At the same time, the leading House Republican, Rep. John... Presented By: You Need the Speed of Norton 2009 Introducing the revolutionary Norton Internet Security 2009. With a one-click, one-minute install, under 7MB of memory usage and fewer, shorter scans, it?s the fastest security suite anywhere. Get your FREE trial today!Click to Learn More www.norton.com/speed Ads by Pheedo Sponsored Topics: Barack Obama - Federal Reserve System - Business - Bank - Federal Reserve