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| Democrats' health reform moves ahead after Harry Reid snares 60 votes
November 21, 2009 at 6:10 pm
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| Filed under: Healthcare  Democratic leaders secured the last two votes to move ahead on historic health care legislation, clearing the way for a Saturday night showdown on President Barack Obama's top domestic initiative. In long-awaited speeches, centrist Sens. Blanche Lincoln of Arkansas and Mary Landrieu of Louisiana said they would stand with their party and vote "yes" on the crucial test vote despite deep reservations with elements of the 2,074-page bill to remake the nation's health care system.
"The truth is this issue is very complex. There is no easy fix and it's imperative that we build on what's already working in health care in America," Lincoln told her Senate colleagues. Hours earlier, Landrieu had delivered her news. The two represent votes 59 and 60 for Senate Majority Leader Harry Reid, D-Nev. (pictured), who needs that many in the 100-member Senate to go forward. The Senate's 40 Republicans are unanimously opposed.Continue reading Democrats' health reform moves ahead after Harry Reid snares 60 votes Democrats' health reform moves ahead after Harry Reid snares 60 votes originally appeared on DailyFinance on Sat, 21 Nov 2009 18:10:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments |
| In movie theaters everywhere: 'Attack of the Artery-Clogging Popcorn'
November 21, 2009 at 4:00 pm
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| Filed under: Company News, Healthcare  The biggest horror show in movie theaters right now is not on screens but in the tubs of popcorn resting in audience members' laps, if you ask one consumer advocate. Snacking on a medium popcorn and soda at one of Regal Entertainment Group's (RGC) cinemas is the nutritional equivalent of eating three McDonald's (MCD) Quarter Pounders slathered with 12 pats of butter, says the Center for Science in the Public Interest.
The twist in the plot? Both Regal and AMC -- the nation's No. 1 and No. 2 theater chains -- understate the calories in their popcorn servings by big amounts, according to laboratory analyses commissioned by the nonprofit. Regal, for example, indicates its medium popcorn is 720 calories, while its large is 960 calories, the center says. But both medium and large sizes end up containing about 1,200 calories, the Washington, D.C. outfit says. And because the kernels are popped in coconut oil, they contain 60 grams of saturated fat -- three times the daily recommended allowance, the group adds. "You might think you're getting Bambi, but you're really getting Godzilla," says Jayne Hurley, the center's senior nutritionist.Continue reading In movie theaters everywhere: 'Attack of the Artery-Clogging Popcorn' In movie theaters everywhere: 'Attack of the Artery-Clogging Popcorn' originally appeared on DailyFinance on Sat, 21 Nov 2009 16:00:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments |
| CEO's Corner: Prudential's Christine Marcks says no need to retire the 401(k)
November 21, 2009 at 2:00 pm
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| Filed under: Investing  If you've checked the balance on your 401(k) lately, you're likely breathing a mini sign of relief as the Dow's bounce back above 10,000 helps replenish some losses suffered during the recession.
But as stocks remain volatile and the recession hampers retirement planning for millions, we sought advice from Christine Marcks, CEO of Prudential Retirement, the retirement arm of financial services giant Prudential Financial.
In our conversation, Marcks outlines a game plan for laid off workers and describes new tools available for today's pre-retirees. Despite what some published reports say, the 401(k) is still very relevant, Marcks adds.Continue reading CEO's Corner: Prudential's Christine Marcks says no need to retire the 401(k) CEO's Corner: Prudential's Christine Marcks says no need to retire the 401(k) originally appeared on DailyFinance on Sat, 21 Nov 2009 14:00:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments |
| Why is Oprah going to cable? A hint: It's nothing to get teary about
November 21, 2009 at 12:11 pm
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| Filed under: General Electric , Walt Disney  Oprah Winfrey is a smart cookie. I am guessing she knows all too well that you can make more money in cable than you can on a TV network. If it's like other cable networks, her new Oprah Winfrey Network (OWN), which she co-owns with Discovery Communications (DISCA), will be much more profitable than the TV networks.
And her departure from her popular show will cost those TV networks big money. How much? Show broadcaster, Walt Disney's (DIS) ABC, will lose millions in ad revenues, according to the New York Times. CBS Corp. (CBS), which owns Oprah's syndication rights, will similarly lose millions. Continue reading Why is Oprah going to cable? A hint: It's nothing to get teary about Why is Oprah going to cable? A hint: It's nothing to get teary about originally appeared on DailyFinance on Sat, 21 Nov 2009 12:11:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments |
| Kisses from Hershey: Candymaker may court Cadbury with $17 billion bid
November 21, 2009 at 12:08 pm
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| Filed under: Company News, Kraft Foods, Hershey  Hershey (HSY) is an odd sort of company. Its governance is not in the hands of its board of directors. A charity called the Hershey Trust, established in 1894, effectively decides how the confectionery company is run and who will run it. Hershey has its own board, but in some ways it is close to a symbolic body set up to satisfy U.S. Securities and Exchange regulations.
The trust is starting to push the maker of Hershey's Kisses and Reese's peanut butter cups to make a bid for United Kingdom-based candy and chocolates giant Cadbury (CBY). Kraft (KFT) has already made an offer of $16.5 billion, which Cadbury says is inadequate. According to an exclusive report in The Wall Street Journal, "The charitable trust that controls Hershey Co. is pushing the chocolate giant to launch a rival, $17 billion bid for Cadbury PLC that would be bigger and include more cash than what Kraft Foods Inc. has offered." Continue reading Kisses from Hershey: Candymaker may court Cadbury with $17 billion bid Kisses from Hershey: Candymaker may court Cadbury with $17 billion bid originally appeared on DailyFinance on Sat, 21 Nov 2009 12:08:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments |
| When chefs become rock stars, they take their pots and pans on tour
November 21, 2009 at 11:00 am
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| Filed under: Economy, Media, McDonald's  Guy Fieri looks like a rock star and talks like one. Now, the chef is touring like one too.
The Food Network star, who burst on the scene in 2006 when he won the Scripps Networks Interactive Inc. (SNI) cable channel's competition for new culinary talent, is taking his pots and pans on the road. He even has an "opening act" Australian flair bartender Hayden Wood. "I can do demos standing on my head," Fieri told DailyFinance in an interview, insisting that he is not acting either on TV or the stage. "I don't know whether I would be such a good actor...I am always having a good time." Continue reading When chefs become rock stars, they take their pots and pans on tour When chefs become rock stars, they take their pots and pans on tour originally appeared on DailyFinance on Sat, 21 Nov 2009 11:00:00 EST. Please see our terms for use of feeds. Read | Permalink | Email this | Comments | 
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Recent revelations about alleged insider trading at hedge funds make me wonder if the average investor has a fair shot at investing in stocks. The most recent story pertains to a $15 billion hedge fund that closed back in May. And last month, the $3.7 billion Galleon hedge fund was shuttered in the wake of the arrest of its founder and many others. 
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