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2010/05/28

Obama Pressed on Gulf Oil Spill

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May 28, 2010
 

Insider Newsletter

A weekly summary of the best in Bloomberg BusinessWeek and BusinessWeek.com


NEWS  THIS WEEK'S TOP STORY

Obama Pressed on Gulf Oil Spill

 

Editor's Memo
Obama is starting to take the blame from fellow Democrats for the Gulf oil spill. More and more, people are saying the buck stops with the President. The Insider Top Story this week collects some of the most vehement complaints.

Paris is famous for haute couture, so it's surprising that that's the home of the off-price e-tailer Vente-privee. It's a way for fashion houses to get rid of excess inventory without bringing attention to the fact that such unwanted items exist. Read about it in Tech.

From our Global Channel, read about David Cameron, Britain's Gen Y Prime Minister. And be sure to get a first glance at the 2010 Rolls Royce Ghost. It's free to look, right?
—Katherine Davis


  FROM THIS WEEK'S ISSUE OF BUSINESSWEEK
COVER STORY
Chuck Schwab Is Worried About Small Investors. Should We Worry Too?
"People are still in a state of fear," says the father of individual investing. "And with good reason." Schwab believes it is crucial for the little guy to stay invested. And his business depends on it

FEATURES
The Tort Lawyer and the BP Oil Disaster
Louisiana's Daniel Becnel has sued drugmakers, carmakers, and Big Tobacco. The BP oil spill, on his home turf, may be his biggest payday yet

TECHNOLOGY
Google's Latest Launch: Its Own Trading Floor
The search giant is hiring Wall Street vets to manage a $26.5 billion pile of cash

  FROM BW.COM'S TECHNOLOGY CHANNEL

French E-tailer Vente-privee Designs an Expansion
As Jacques-Antoine Granjon's private shopping club ventures outside France, success proves tough to fashion

INTERNET
Advertisers Give Google TV a Warm Reception
Google's interactive TV platform might lower costs and improve the targeting of ad spots. Could 'smart' TV redefine advertising?

GIGAOM • From GigaOm
Facebook's Privacy Snowball Keeps Rolling
The company must get serious about the privacy controversy if it wants to maintain its momentum

  FROM BW.COM'S SMALLBIZ CHANNEL
SALES & MARKETING
Use Storytelling to Maintain Customer Interest
A company's fans won't buy every product or service it offers. To keep followers engaged, Chris Guillebeau weaves stories into his marketing

SMALL BUSINESS FINANCING
Business Sellers Increasingly Play Banker
Creative financing can help sellers command better prices or close deals. It can also create complications among banks, sellers, and buyers


Tax Credit to Pay Third of Small-Business Health Cost
As many as four million businesses may qualify, under a program created by the health-care overhaul law

  FROM BW.COM'S ASIA & EUROPE CHANNELS
HARVARD BUSINESS REVIEW • From Harvard Business Review
Britain's Gen Y Guy
Born in 1966, Prime Minister David Cameron has an approach to leadership that mirrors the values of his generation


Korean Markets Swoon on War Worries
The won hits a 10-month low following report North Korea's Kim Jong Il has ordered the military to prepare for conflict with South Korea

  FROM BW.COM'S LIFESTYLE CHANNEL
REVIEWS
First Drive: 2010 Rolls-Royce Ghost
For a quarter-million dollars, Rolls-Royce's new "entry level" Ghost comes packed with luxury and the automaker's most powerful engine ever

WINE OF THE WEEK
The Genius of Guigal's Côtes du Rhône Rouge
That Guigal can produce millions of bottles of its superb Côtes du Rhône a year is remarkable; that they can do it for $15 a bottle is genius

  FROM BW.COM'S INNOVATION & DESIGN CHANNEL
IDEO EYE • From IDEO Eye
Drive My Car (Please?)
The auto industry is in dire need of innovation. Here's a look at some of the more promising ideas for a "car" of the future

LIVING LARGE
MBA Pay: Top B-Schools, Top Dollar
Exclusive new research shows that grads of top business schools earn far more than lesser-ranked peers, both at graduation and over the long haul

VIEWPOINT
The Art of Corporate Listening
Coca-Cola, Wal-Mart, and Ford are all companies that have learned how to do it well, observes Peter Firestein

  FROM BW.COM'S FINANCE CHANNEL
STOCKS & MARKETS
Tech M&A: Ready for a Ramp-Up
Cash-rich technology companies accelerate dealmaking, with industry giants such as IBM and Hewlett-Packard setting a hot acquisitions pace


U.S. Assets Are a Safe Haven...Again
Nervous investors flock to American stocks and Treasuries


Stocks Rebound from Slump
Stocks rebounded, after yesterday's slide drove the MSCI World Index to a nine-month low, while commodities rallied on revived prospects for economic growth

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