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Management DiaryThe Ultimate Reference For Managers And Wannabe's
Management Diary Articles - See index below: MORE RESOURCES: Wholesale inventories fall, sales surge (Reuters) Reuters - U.S. wholesale inventories fell modestly in January, while sales rose to their highest level since October 2008, suggesting that inventories would continue to support economic growth in the first quarter. Wholesale inventories fall while sales increase (AP) AP - Businesses trimmed inventories at the wholesale level again in January even though sales rose for a 10th consecutive month. The dip in inventories underscored that businesses remain cautious about restocking their depleted shelves. UK's Brown paves way for election with budget date (AP) AP - Britain's economic recovery remains fragile, Prime Minister Gordon Brown warned Wednesday, as he paved the way for a national election by announcing the government's budget would be published in two weeks. Home loan demand nudges higher in latest week (Reuters)
Regulators tell banks to restrict dividends, buybacks: report (Reuters) Reuters - Shareholders may have to wait for months to retrieve capital after U.S. regulators told banks not to increase dividends or buy back shares amid political and economic uncertainty surrounding the financial industry, the Financial Times reported on Wednesday. GDP seen slowing, tying Fed hands on rates (Reuters) Reuters - After a growth spurt at the end of 2009, the U.S. economy will slow in the months ahead, keeping the Federal Reserve from raising borrowing costs until the final three months of the year, a Reuters poll showed. Senate to pass jobless aid, business tax breaks (AP) AP - Legislation blending help for the jobless with popular tax breaks for businesses and individuals is slated to pass the Senate Wednesday over protests from conservatives who say it adds too much to the $12.5 trillion national debt. European stocks edge ahead as investors await data (AFP)
Ahead of the Bell: February budget deficit (AP) AP - Economists believe that the federal budget deficit through the first five months of the budget year is running at a record-breaking pace, with the February imbalance likely to climb to the highest level this fiscal year. German January exports up 0.2 percent on year (AP) AP - Official data shows German January exports improved 0.2 percent compared with January 2009 but declined a sharp 6.3 percent from December. Strong China trade data point to rise in yuan (Reuters)
China plans new trade office as global disputes grow: sources (Reuters) Reuters - China is setting up a new agency to help streamline its trade negotiating bureaucracy as the world's third-largest economy faces a growing number of commercial disputes. Highlights of Senate jobless aid bill (AP) AP - Highlights of Senate legislation extending unemployment insurance and expired tax breaks: Brown says UK to maintain AAA credit rating (Reuters)
Economists trim 2011 U.S. growth forecast (Reuters) Reuters - U.S. economists raised their forecast for economic growth in 2010 in March, the third straight monthly rise, while trimming their growth forecast for 2011, according to a survey released on Wednesday. US to expose trade barriers in new report (AFP)
Gas price rises seen gentler on consumer wallets (AP)
SEC chief economist leaving (AP) AP - The chief economist of the Securities and Exchange Commission, who is an expert on the financial instruments that figured largely in the 2008 crisis, is leaving his position for the private sector. Job openings up sharply in January to 2.7M (AP)
Texas Instruments CEO pay up 2 percent to $9.8M (AP) AP - Chip maker Texas Instruments Inc.'s CEO's compensation edged up in 2009, according to calculations by the Associated Press, a recession year that proved difficult for the chipmaker. |
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