Archive for February 1st, 2010

CBS sells all Super Bowl ad spots

C BS Corp. has sold all the advertising spots for the television broadcast of the National Football League’s Super Bowl championship game this coming Sunday, the television network said Monday. CBS has come under fire in recent weeks from various groups for allowing a conservative Christian group to air an anti-abortion ad, and barring a commercial from a dating site for gay men as inappropriate for prime time

McDonald’s to expand in Russia

M cDonald’s will expand by 45 outlets in Russia by the end of this year, chief executive officer Jim Skinner said Monday as the company marked the 20th anniversary of the opening of the first landmark restaurant under Soviet rule in 1990. The expansion, bringing the number of McDonald’s in Russia to 290, comes as rival Burger King arrives in Russia. “Russia is doing so well, we have chosen Russia as one of the top countries for re-investment of capital in 2010,” Mr.

Recouping real estate transaction costs

T his is the fifth in a series of 10 excerpts from Investing for Canadians for Dummies. Financially speaking, we advise that you wait to buy a home until you can see yourself staying put for a minimum of three years.

Many Chinese unfazed by Google threat to leave

W hen the online fantasy game “World of Warcraft” was yanked from China last year because of a bureaucratic turf battle, the millions of Chinese players were outraged. An online chat session to discuss the problem attracted 32,000 indignant gamers. Tens of thousands filed complaints with China’s consumer rights agency — in one day

Bank bosses get pay boost on the sly

Hoping to mute public outrage over huge Wall Street bonuses, the big banks are making a show of paying employees with more restricted stock, which can’t be touched for years, and less cash. Much less well-known is this: Many of the banks are paying dividends on those shares—even though the employees don’t actually own them yet.

Treasury, Labor Dept. request info on using annuities in 401(k)s

The Department of Labor and the Treasury Department have put out a request for information on the use of annuities in defined-contribution plans. Both agencies are reviewing the Employment Retirement Income Security Act of 1974, as well as the plan qualification rules in the Internal Revenue Code, on using annuities in retirement plans. The groups filed a request for information through the Federal Register

Recruiting wars rage on as Baird snags veteran Smith Barney manager

The battle for talent in the wealth management industry appears far from over as evidenced by several hiring announcements today. Robert W. Baird & Co

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