A politically connected financial firm and two of its executives were indicted Thursday for what prosecutors say was a bid-rigging scheme in the municipal bond business. The charges in the nine-count indictment filed Thursday in Manhattan federal court against CDR Financial Products Inc. are the first resulting from the Justice Department’s probe of the mammoth municipal bonds industry.

WASHINGTON — More than 650,000 jobs have been saved or created under President Barack Obama’s economic stimulus plan, the White House said Friday, saying it is on track to reach the president’s goal of 3.5 million jobs by the end of next year. New job numbers from businesses, contractors, state and local governments, nonprofit groups and universities were not scheduled to be released publicly until Friday afternoon. But White House economic adviser Jared Bernstein says officials have been told the figures


 
 About Us | 
 Contact Us | 
 Search | 
 Editorial Calendar | 
 Advertise 
 
 
 
 Subscriber Services:  
 Subscribe |
 Renew | 
 Subscription Status | 
 Pay an Invoice | 
 Change Mail Address 
 
 
 
 Reprints | 
 List Rental | 
 Issue Index | 
 Privacy Policy |
 Terms & Conditions 
 
 
 
 Crain Financial Group:  
 Pensions & Investments |
 FinancialWeek | 
 Workforce Management 
 
 
 
 
 Copyright © 2009 Crain Communications Inc. 
 Use of editorial content without permission is strictly prohibited. All rights reserved.


 
 Employment costs rose by the smallest amount on record in the 12 months ending in September, as high unemployment restrained wage and benefit growth. The data shows that employers face little pressure to raise pay, even as the economy recovers.

Around the Web: Oleg Deripaska – Wikipedia, the free encyclopedia FRONTLINE/WORLD . Moscow – Rich in Russia . How to Make a Billion ..


 
 About Us | 
 Contact Us | 
 Search | 
 Editorial Calendar | 
 Advertise 
 
 
 
 Subscriber Services:  
 Subscribe |
 Renew | 
 Subscription Status | 
 Pay an Invoice | 
 Change Mail Address 
 
 
 
 Reprints | 
 List Rental | 
 Issue Index | 
 Privacy Policy |
 Terms & Conditions 
 
 
 
 Crain Financial Group:  
 Pensions & Investments |
 FinancialWeek | 
 Workforce Management 
 
 
 
 
 Copyright © 2009 Crain Communications Inc. 
 Use of editorial content without permission is strictly prohibited. All rights reserved.

techcrunch.com : 23andMe was founded by Linda Avey and Anne Wojcicki back in 2006. Investors include biotech powerhouse Genentech, as well as New Enterprise Associates. The company also has close ties to Google — Sergey Brin (who is Wojciki’s husband) has loaned 23andMe $10 million, and Google also has a stake in the company.