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The next financial crisis could potentially hit the world even harder. The next financial crisis could potentially hit the world even harder.

October 4, 2011 | What some of the experts think. Let's hope it doesn't work out this way. The next financial crisis could potentially hit the world even harder. The following are 12 shocking quotes from insiders that are warning about the horrific economic crisis that is almost here…. #1 George Soros: “Financial markets are driving the world towards another Great Depression with incalculable political consequences. The authorities, particularly in Europe, have lost control of the situation.” #2 PIMCO CEO Mohammed El-Erian: “These ... Read More

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Steven Paul Jobs, 1955-2011 Steven Paul Jobs, 1955-2011

Excerpt from YUKARI IWATANI KANE And GEOFFREY A. FOWLER| WSJ.COM |October 6, 2011 Steven P. Jobs, the Apple Inc. chairman and co-founder who pioneered the personal-computer industry and changed the way people think about technology, died Wednesday at the age of 56. His family, in a statement released by Apple, said Mr. Jobs "died peacefully today surrounded by his family." The company didn't specify the cause of death. Mr. Jobs had battled pancreatic cancer and several years ago received a liver transplant. In ... Read More

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There’s a lot we can all learn from Steve Jobs There’s a lot we can all learn from Steve Jobs

There's a lot we can all learn from Steve Jobs -- from his '60s-style idealism to his '80s-style business savvy -- and to start with, here are 50 inspirational quotes from the mastermind of the personal computer. 1. "Older people sit down and ask, 'What is it?' But the child asks, 'What can I do with it?'" 2. "It's not about pop culture, and it's not about fooling people, and it's not about convincing people that they want something they don't. ... Read More

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Netflix Nixes Qwikster, Bowing to Complaints Netflix Nixes Qwikster, Bowing to Complaints

Excerpt from STU WOO And SHARA TIBKEN | WSJ.COM | October 11, 2011 | Netflix Inc. said Monday it was backing away from a plan to split off its DVD-rental service into a separate business, a reversal precipitated by the widespread unpopularity of the idea. In a blog post, Netflix Chief Executive Reed Hastings acknowledged the company had made a mistake in attempting to spin off its DVD-rental service into a website called Qwikster, separate from its streaming-video service. "It is clear that ... Read More

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Clamping Down on Rapid Trades in Stock Market Clamping Down on Rapid Trades in Stock Market

Excerpt from Graham Bowley | Published October 8, 2011 | NYTIMES.COM Regulators in the United States and overseas are cracking down on computerized high-speed trading that crowds today’s stock exchanges, worried that as it spreads around the globe it is making market swings worse. The cost of these high-frequency traders, critics say, is the confidence of ordinary investors in the markets, and ultimately their belief in the fairness of the financial system. “There is something unholy about them,” said Guy P. Wyser-Pratte, a ... Read More

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What Happened to the American Work Ethic? What Happened to the American Work Ethic?

Excerpt from The New York Times | October 9, 2011 11:25 p.m. | The Opinion Pages (Picture on Left: Matthew Staver for The New York Times The owner of this onion field in Olathe, Colo., had a hard time finding local residents willing to work for him at harvest time.) A Times article last week profiled a Colorado farmer who tried to replace a third of the seasonal workers he hires from abroad with local residents interested in extra summer cash. He was surprised ... Read More

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Cain’s 9-9-9 Plan Gets a Closer Look Cain’s 9-9-9 Plan Gets a Closer Look

Excerpt from John D. McKinnon | October 13, 2011 | WSJ.com | Herman Cain's surge in the polls is focusing new attention on his "9-9-9" tax plan, but also raising new questions about whether it does everything it claims. The former restaurant-company executive and Republican presidential candidate says his plan would raise at least as much revenue for the government as the current system, generally keep taxes level or even lower for low-income earners, and spur economic growth. Liberal critics, however, say it ... Read More

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JPMorgan Results Are Barometer for Broader Economic Activity JPMorgan Results Are Barometer for Broader Economic Activity

Excerpt from Susanna Kim | www.abcnews.go.com |October 13, 2011 | (Picture on Left: James 'Jamie' Dimon, chairman and chief executive officer of JPMorgan Chase & Co., stands for a photograph on the third day of the World Economic Forum Annual Meeting 2011, Davos, Switzerland, Jan. 28, 2011.) As the Occupy Wall Street protests approach its one-month anniversary, third-quarter earnings season opened with lower profit from JPMorgan Chase, the first of the major U.S. banks to report. JPMorgan Chase said third-quarter profit fell 4 ... Read More

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The Next Boom in Mobile Devices Is the Car The Next Boom in Mobile Devices Is the Car

The following is an excerpt from Quentin Hardy | October 13, 2011, 8:26 am | NYTIMES.COM SAN DIEGO — Cars, one of the great mobile devices to begin with, are about to get connected to the Internet like never before. It will change not just how we drive, but the economics of the car business. “Five percent of cars are connected today,” said Glenn Lurie, president of AT&T’s Emerging Devices business. He was speaking of new vehicles, not all cars on the ... Read More

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Remaking Japan Requires Breaking Rules With Plan for Ground Zero Remaking Japan Requires Breaking Rules With Plan for Ground Zero

The following is an excerpt from Aki Ito and Yuki Hagiwara | October 11, 2011 5:08 AM ET | BLOOMBERG.COM Yoshihiro Murai, governor of Miyagi, the prefecture that was the ground zero of the March 11 earthquake and tsunami, stands before a gathering in Tokyo of 300 representatives of Japan’s biggest companies and community organizations.   It’s his last stop of the day and his third visit to the capital in a month. He’s 190 miles from home. Murai grips the microphone and apologizes ... Read More

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