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Colo. gov proposes sales tax on soda, online sales

Facing an expected $1 billion shortfall in next year's budget, Colorado Gov. Bill Ritter is proposing a 4.6 percent cut in education spending and charging sales tax on items including candy and soda and online purchases.

Dolan Media buys 85 percent stake in DiscoverReady

Dolan Media Co. said Friday it bought an 85 percent stake in DiscoverReady LLC, which provides document-review services to companies and their lawyers.

Sports agency sues Monster energy drink maker

Sports management agency Crown Athlete Management Co. said Friday it has sued the maker of the Monster energy drink, accusing it of fraud and other wrongdoing.

Live Nation-Ticketmaster deal vote set for Jan. 8

In a tacit acknowledgment of a delay in their plan to combine, Live Nation Inc. and Ticketmaster Entertainment Inc. said in filings Friday that a shareholders meeting to approve the deal is set for Jan. 8.

Shell Oil to pay $19.5M in environmental fines

Shell Oil Co. has been ordered to pay $19.5 million to the state for environmental violations at gas stations around California.

Broadway finds its 'Spider-Man' in Reeve Carney

Broadway has found its Spider-Man — rock singer Reeve Carney.

Former Idaho transportation head sues over firing

The former head of the Idaho Transportation Department filed a lawsuit Friday against the agency, saying she was fired in a political power play to help Gov. C.L. "Butch" Otter and his big campaign donors.

SEC inquiry could lead to Fla. oversight changes

Two top Florida Democrats want changes to the makeup of the board that oversees Florida's $130 billion investment portfolio now under scrutiny from the U.S. Securities and Exchange Commission.

Earnings roundup: Freddie Mac, PriceSmart

Among the earnings stories for Friday, Nov. 6, from AP Financial News:

News group: Latin American gov'ts restrict press

Populist leaders around Latin America are increasingly making legal and political moves to silence their media critics, the president of the Inter American Press Association said Friday.

Artur Davis gets union backing for Ala. governor

Gubernatorial candidate Artur Davis has picked up an endorsement from a major union.

CBS goes back to MMA with Fedor, Strikeforce

Fedor Emelianenko is ready for his close-up.

Mississippi woman sentenced for bankruptcy fraud

A Mississippi woman has been sentenced to nearly three years in prison for hiding more than $255,000 from a bankruptcy trustee.

Police: Gunman caught after killing 1 in Orlando

A gunman opened fire Friday in the offices of an engineering firm where he was let go more than two years ago, authorities said, killing one person and injuring five others.

Court ends tobacco company payments in Md., Pa.

North Carolina's highest court ruled Friday that three cigarette companies no longer have to make payments to tobacco farmers in Maryland and Pennsylvania under a decade-old settlement.

CardioNet reports 3Q loss as it restructures

Wireless heart-monitoring device maker CardioNet Inc. fell to a loss in the third quarter, as it had ramped up marketing spending after Medicare lowered reimbursement rates on the company's products.

Ex-New Orleans tech chief, wife, vendor indicted

A federal grand jury on Friday indicted former New Orleans technology chief Greg Meffert, his wife and a one-time city vendor in an alleged kickback scheme involving contracts for the city's crime surveillance program.

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Small banks in Ga., Mich. closed
Source: msnbc.com

Regulators have shut small banks in Georgia and Michigan, bringing the number of bank failures this year to 117 amid the struggling economy and a cascade of defaults on loans.

Judge strikes down deal allowing digital billboards | L.A. NOW | Los Angeles Times
Source: The L.A. Times

A judge has formally invalidated a 2006 settlement between the city of Los Angeles and two companies, CBS Outdoor and Clear Channel Outdoor, that granted them special rights to convert as many as 840 billboards to a digital format, among other changes.

Could health care reform lead to hidden taxes?
Source: msnbc.com

To pay for the near trillion-dollar health-care system overhaul, many outside the White House believe the middle class will not be spared when it comes to hidden taxes.

Best of both worlds? Combined pension/401k
Source: msnbc.com

An alternative retirement plan may become available in January offers a guaranteed pension-like retirement benefit alongside a 401(k).

G-20 officials to wrestle over economic imbalances
Source: msnbc.com

The world's top financial officials on Friday sought a blueprint for securing future global growth and worked to break a deadlock over who bears the cost of fighting climate change.

Berkshire Hathaway's profit triples to $3.2B
Source: msnbc.com

Warren Buffett's company says its third-quarter profit tripled as the improving economy and stock market boosted the value of Berkshire Hathaway Inc.'s derivative contracts.

When unemployment last topped 10 pct
Source: msnbc.com

The last time unemployment climbed past 10 percent, "The A-Team" was one of the top 10 TV shows and Michael Jackson was about to release "Thriller."

Intel-Dell Dealings Under Fire
Source: msnbc.com

It was called the Mother of All Programs, or MOAP for short. That was the code name Intel (INTC) bestowed on a series of payments it made to Dell (DELL), one of its largest customers, over a five-year period through January 2007.

Denver Tax | Home Buyer Tax Extension
Source:

Under the bill, first-time homebuyers may receive up to an $8,000 tax credit.

You've seen the TV ads. So what's Ally Bank?
Source: msnbc.com

Ally Bank's advertising tactics have drawn in customers, but they've also irked rivals and gotten the attention of regulators. And here's why.

City of Naples latest to learn about Office Depot overcharging » Naples Daily News
Source: www.naplesnews.com

City of Naples Fla officials have received a report from Office Depot showing they paid $7,462 more per year after the company switched them to a pricing plan they don't remember asking for.

Obama signs homebuyer, jobless bill assistance
Source: msnbc.com

President Barack Obama signed a $24 billion economic stimulus bill into law Friday, giving tax incentives to homebuyers and additional jobless benefits to those idled by the business slump.

Homebuilders hunting for land again
Source: msnbc.com

The housing bust left homebuilders with plenty of red ink on their books. But now they are on the hunt again, vying for choice parcels where prices are cheap.

Painful Adjustments to the "New Normal" Economy
Source:

Unemployment is headed up. The U6 figure – a more accurate picture of how many people are out of work – is up to 17%. There are 1.5 million homeless children in the US now, including 300,000 in the state of California alone.

You're fired! How to get rid of bad customers
Source: msnbc.com

Entrepreneurs show clients the door for many reasons, especially if they are unprofitable or a pain to deal with.

On Invoking God to Defend Mammon « naked capitalism
Source: nakedcapitalism.com

The efforts to try to burnish the image of bankers have gone from being unconvincing to ridiculous. I am certain we will see Jon Stewart comment on the latest twist, of trying to claim that God wants banks (and therefore bankers) to make a lot of money.

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