Monday, October 20, 2008

Business: Market meltdown lights up suicide hotlines

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business newsletter

Local business eyes $100K prize
My Opinion
Thomas Oliver: Risk addicts were seduced by derivatives.

Local business eyes $100K Forbes.com prize
The online magazine's readers chose SoloHealth of Duluth - with it's new self-service vision testing machine - as one of five finalists in Forbes.com's Boost Your Business competition for $100,000 in funding.

Georgia's big businesses don't duck politics
Columbus-based Aflac, which uses a duck to promote its line of insurance products, is one of the most active Georgia players in this year's political contests. Only the corporate political action committee of Sandy Springs-based UPS spent more among Georgia companies.
A look at Georgia corporate PACs

As economy sinks, pawnshops get busy
Pawnshop owners and managers say they are seeing more first-timers and more frequent visits from regular customers, who tend to surrender the same item over and over again.

Therapists are busy as economy sinks
Atlanta psychologist Mary Gresham says the financial crisis has caused a shift in some of her clientele: unemployed executives. Bankrupt entrepreneurs. Commission-only salespeople grappling with withering income. Shell-shocked homeowners trying to make sense of their dwindling financial portfolios and home equity and no credit options.
Suicide hot line calls increase

Stocks rise at open
Wall Street surged in early trading Monday as the credit markets showed signs of easing and investors awaited testimony from Federal Reserve Chairman Ben Bernanke for a reading on the economy and battered financial system.
Several Georgia banks in jeopardy | Investors eye earnings, look for market bottom
Economic indicators show life in September

Mortgage firm arranged stealth campaign
Freddie Mac secretly paid a Republican consulting firm $2 million to kill legislation that would have regulated and trimmed the mortgage finance giant and its sister company, Fannie Mae, three years before the government took control to prevent their collapse.

Oil rises on expectation of OPEC cut
Gasoline has fallen more than a dime a gallon since Friday, hitting a national average of $2.92 Monday, according to auto club AAA, the Oil Price Information Service and Wright Express. But oil prices rose today with an OPEC production cut later this week all but certain.

All the celebrities you want, on your cellphone
Celebrity gossip has long been a profitable staple of print, radio and television. More recently, the cellphone has become the latest medium to feed the appetite for up-to-the-second celebrity gossip.

Technobuddy
Bill Husted: Put your PC to work and watch savings mount.

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