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Wednesday, May 21,2008

Credit Card Abuse Crackdown

By Ken Reibel
Just how unfair and deceptive are some credit card policies? So unfair that federal regulators have taken the unprecedented step of trying to ban some of the more egregious industry practices.
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Wednesday, May 21,2008

Lake Michigan’s Value

By Ken Reibel
Lake Michigan is more than a recreational attraction. It also fuels more 120 water-related businesses in the Milwaukee area, including world-class companies on the cutting edge of water technologies: Veolia Water, ITT Corp., GE Water & Process Technologies and Siemens.
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Wednesday, May 21,2008

Definition of the Week:

Oligopoly

By Ken Reibel
Oligopoly: When a few firms dominate a market. Together, they can behave as if they were single monopoly, perhaps by forming a cartel. Or they may collude informally, by prefering non-price competition to a price war.
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Monday, May 5,2008

The Hottest Jobs

By Ken Reibel
Engineers, skilled machinists and welders are among the hardest-to-fill jobs in the Milwaukee area. Nurses are hot, so to speak, and computer network professionals are also at a premium, according to interviews with area recruiters and Manpower Inc.’s annual survey of employers.
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Monday, May 5,2008

The 10 Hardest Jobs to Fill

By Ken Reibel
1. Engineers 2. Machinists/Machine Operators 3. Skilled Trades...
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Monday, May 5,2008

World Fair Trade Day, May 10

By Ken Reibel
Seek out the 20 Milwaukee-area Fair Trade shops offering special activities and deals on World Fair Trade Day on Saturday, May 10. Vendors in Bay View, Riverwest, the Washington Park neighborhood and elsewhere are promoting Fair Trade goods to shoppers, along with a simple message: Consumers have the power to protect the natural environment while promoting sustainable development around the world.
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Monday, May 5,2008

Definition of the Week:

Predatory Pricing

The practice of selling a product at very low prices to drive out or discipline competitors, weaken them for possible mergers and/or to prevent other firms from entering the market.
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Wednesday, April 23,2008

Myths of the Modern Medical Miracle

By Ken Reibel
Ask any employer what’s keeping him or her up at night, and you’ll likely hear, “The rising cost of health care.” In 2007, total national health expenditures rose nearly 7%—twice the rate of inflation, according to The National Coalition on Health Care.
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Wednesday, April 23,2008

From Rust Belt to Green Belt

By Ken Reibel
Wisconsin is front and center in a regional push to create 820,000 new jobs producing cleaner energy technologies. The Green Jobs for America Campaign joins the United Steelworkers (USW), the Sierra Club, the Natural Resources Defense Council (NRDC) and the Blue Green Alliance...
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Wednesday, April 23,2008

Income Inequality “Attacks Common Sense”

By Ken Reibel
In the late 1980s, Wisconsin was ranked as the fifth most equal state in income distribution. Since then, the state has dropped to 11th, and the gap continues to widen, according to the Center on Wisconsin Strategy (COWS) and the Wisconsin Council on Children and Families (WCCF).
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Elections 2008
Obama seeks greater rein on financial institutions (AP)

President Obama makes a statement on AIG, Wednesday, March 18, 2009, on the South Lawn of the White House in Washington, prior to departing for a trip to California.  (AP Photo/Evan Vucci)AP - President Barack Obama says he wants Congress to pass legislation giving the government greater regulatory authority over financial institutions like American International Group.


Sources: Pentagon to stop forced tour extension (AP)

US Department of Defense handout photo shows an aerial view of the River Entrance of the Pentagon. The US military successfully shot down a short-range ballistic missile near Hawaii in a test of its ground-based missile defense system, the Pentagon said.(AFP/DoD-HO/File)AP - The Army will substantially reduce use of the unpopular practice of holding troops beyond their enlistment dates and will pay $500 to those still forced to stay in the service, defense and congressional officials said Wednesday.


AIG head shares US anger of bonuses but backs them (AP)

In a Thursday, Dec. 11, 2008 file photo, Edward Liddy, chairman and chief executive officer of American International Group Inc., (AIG), speaks in Hong Kong. Liddy goes to Capitol Hill this morning, March 18, 2009, where he'll reluctantly defend millions of dollars' worth of bonuses doled out to employees despite the company's need for a $170 billion government bailout. (AP Photo/Kin Cheung, File)AP - The chief executive officer of failed insurance conglomerate AIG acknowledged Wednesday that the company's multimillion-dollar bonuses were "distasteful" to many and had provoked a firestorm of wrath. "I share that anger," Edward Liddy, chairman and CEO of the American International Group Inc., said in testimony prepared for Congress.


Analysis: White House, Dems backpedaling on AIG (AP)

An AIG office building is shown Wednesday, March 18, 2009 in New York. Edward Liddy, chairman and CEO of American International Group acknowledged Wednesday to congressional interrogators that some of the insurance giant's executive bonuses are 'distasteful.'  (AP Photo/Mark Lennihan)AP - For the first time since last fall's election, Democrats and the Obama administration are backpedaling furiously on an issue easily understood by financially strapped taxpayers: $165 million in bonuses paid out at bailed-out AIG.


Pence: Return AIG donations (Politico)
Politico - House Republican Conference Chairman Mike Pence is urging politicians from both parties to strongly consider returning campaign contributions from AIG.
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Top Stories
AIG head shares US anger of bonuses but backs them (AP)

In a Thursday, Dec. 11, 2008 file photo, Edward Liddy, chairman and chief executive officer of American International Group Inc., (AIG), speaks in Hong Kong. Liddy goes to Capitol Hill this morning, March 18, 2009, where he'll reluctantly defend millions of dollars' worth of bonuses doled out to employees despite the company's need for a $170 billion government bailout. (AP Photo/Kin Cheung, File)AP - The chief executive officer of failed insurance conglomerate AIG acknowledged Wednesday that the company's multimillion-dollar bonuses were "distasteful" to many and had provoked a firestorm of wrath. "I share that anger," Edward Liddy, chairman and CEO of the American International Group Inc., said in testimony prepared for Congress.


Obama seeks greater rein on financial institutions (AP)

President Obama gestures while making a statement on AIG, Wednesday, March 18, 2009, on the South Lawn of the White House in Washington.  Joining him, from left are, Council of Economic Advisers Director Christina Romer, Treasury Secretary Timothy Geithner, and Director of the National Economic Council Lawrence Summers.  (AP Photo/Evan Vucci)AP - President Barack Obama says he wants Congress to pass legislation giving the government greater regulatory authority over financial institutions like American International Group.


Consumer prices rise by largest amount in 7 months (AP)

In this March 10, 2009 file photo, Doug Kemp, of Sturbridge, Mass., pumps gas at the Ell-Bern service station in Boston. Consumer prices rose in February by the largest amount in seven months as gasoline prices surged again and clothing costs jumped the most in nearly two decades.  (AP Photo/Lisa Poole, file)AP - Consumer prices rose in February by the largest amount in seven months as gasoline prices surged again and clothing costs jumped the most in nearly two decades.


Arts

Going Out on a Pier to Buy A Home

Late last week, New York City went out on a limb, or a pier to be exact, to help a group of people in Queens. For almost 100 years the 17 houses on Beach 84th Street Pier were owned by the state or

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