business news

We are constantly collecting small and general business news from NHPR and Business Week Online. These headlines are provided via" live" RSS news feeds. This is not intended to be an all-encompassing news source, but a convenient grouping of news story and article links that we believe have value to a diverse audience. We hope you agree and welcome your feedback.

Current Business News . . .

from - New Hampshire Public Radio (NHPR) Marketplace

Marketplace Marketplace
1. UPDATE: No oil in water after rig explosion
Marketplace's Eve Troeh gives an update about this morning's explosion on an oil rig off the Louisiana coast. No oily sheen on the waters, as previously reported by the Coast Guard, but the incident may hurt Louisiana's push for the White House to lift its Gulf deepwater drilling moratorium.
2. Banks must be able to fail, Bernanke says
Federal Reserve Chairman Ben Bernanke told a panel investigating the financial crisis that there should be a process to allow banks, too big and otherwise, to fail. Critics are skeptic such an idea will actually happen.
3. Burger King going private, again
Burger King is going private for the second time in eight years. Being a private company may give time for the company to rejuvenate the brand, or the new investors can just borrow and not invest money into the company, like the last time.
4. Hertz, Avis offer big bucks for Dollar Thrifty
The travel industry was hit hard by the recession. But rental car companies Hertz and Avis are putting up a fight for another rental company Dollar Thrifty.
5. 'The trillion dollar gap' in pension funds
Regardless of economic climate, government offices continue to pay pensions. But the Great Recession is making governments re-think future employee pensions and how to deal with the pensions they're currently doling out.
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