Wall Street stalls as Fed signals taper next year
The Dow falls 10.88 to 10,441.12 while the S&P 500 edges up to 1,109.18 and the Nasdaq climbs to 2,206.91. The FTC files broad antitrust charges against Intel, accusing a decade of illegal sales tactics that kept chip prices high amid global proceedings and fines.
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Federal Reserve
Standard & Poor
Federal Trade Commission
Intel Corp
FTC
Europe
South Korea
New York State
SEC approves broader executive pay disclosure requirements
The Securities and Exchange Commission voted 4 to 1 to expand how public companies report executive compensation. Regulators aim to close gaps by changing the formula used to value stock options and awards, which often form a large part of top executives pay.
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Securities and Exchange Commission
SEC
Bernanke Named Time’s 2009 Person of the Year
Ben Bernanke is Time magazine’s 2009 Person of the Year. The selection follows Obama as 2008 winner, with Putin 2007 and others like Bono Bush and Bezos previously honored. Whirlpool announces Paulo Periquito, 63, will resign as Whirlpool International president on December 31 and retire April 30, 2010.
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Federal Reserve
Ben Bernanke
Time Magazine
Barack Obama
Vladimir Putin
Bono
George W. Bush
Amazon. Com
Jeff Bezos
Whirlpool Corp
Paulo Periquito
Whirlpool International
Whirlpool $.A
Whirlpool Latin America
Cedar Rapids airport chief resigns to lead Columbia Met
Dan Mann resigns as Eastern Iowa Airport director to become director of Columbia Metropolitan Airport in South Carolina. He started July 11, 2005, and overseen million dollar terminal upgrades and a pending $47 million runway reconstruction. Mann begins Feb 1, praised staff and community while Columbia officials welcome him.
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George C. Ford
Gazette
Cedar Rapids
Cedar Rapids Airport Commission
Iowa
Dan Mann
Columbia
S.C
Mann
Larry Mullendore
Federal Aviation Administration
Commission
Columbia Metropolitan Airport
Larry Koester
Richland-Lexington
Dan
Koester
Recession fatigue hits employee views on growth and leadership
Towers Perrin Workplace Watch finds fewer workers see long term career opportunities and clearer career paths. Only 50 percent approve senior leadership as confidence dips, signaling morale and turnover risks as firms seek post recession recovery.
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Tamford
Conn
Towers Perrin
Max Caldwell
Caldwell
Satellite providers back Mediacom in Sinclair retransmission dispute
Satellite firms DIRECTV Inc DISH Network and Insight Communications urge the FCC to review Sinclair Broadcast Group negotiations over KGAN CBS 2 and KFXA FOX 28, amid a possible simultaneous demand that could disrupt CBS and Fox programming for Mediacom customers. They warn of consumer disruption and note the stations’ strong viewership while Mediacom argues Sinclair seeks more than peers.
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Gazette
Sinclair Broadcast Group
Kgan-Cbs 2
Mediacom
CBS
Directy Inc
Dish Network
Insight Communications
Federal Communications Commission
Sinclair
KFXA
FOX 28
FCC
Barry Faber
Mediacom Negoti
Second Generation of
Iowa
Faber
KGAN
Disney Channel
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