Since the end of 2009 Toyota has been taking the heat for massive recalls but Toyota is not the only car manufacturer with complaints of faulty accelerator pads

Credit bureaus collect a ton of financial data on virtually everyone in the United States. How much of this info affects a credit score, and what has the biggest impact?

The Super Bowl is not so super to many economists. Experts in the economics of sports say the NFL and its boosters have grossly overestimated the economic benefit of Sunday's championship game in Miami between the New Orleans Saints and the Indianapolis Colts. Controversy is raging in South Florida where the team is seeking taxpayer support to revamp the area's pro football stadium, whose naming rights were recently acquired by Canada's Sun Life Financial Inc. (SLF) and has hosted 10 Super Bowls.

Continue reading Super Bowl's Economic Impact May be Super Inflated

Super Bowl's Economic Impact May be Super Inflated originally appeared on DailyFinance on Sat, 06 Feb 2010 14:00:00.

Filed Under: Economy, Media

H.J. Heinz Co. (HNZ) is changing its ketchup. The company announced Thursday that its flagship brand will get new packaging and a new recipe over the next year. Heinz is the world's most popular ketchup, so that's a bold move -- and one that also has an unfortunate resemblance to Coca Cola's (KO) New Coke debacle of 1985.

Continue reading Heinz Serves New Ketchup with Relish. But Will it Be the Company's New Coke?

Heinz Serves New Ketchup with Relish. But Will it Be the Company's New Coke? originally appeared on DailyFinance on Sat, 06 Feb 2010 14:00:00.

Filed Under: Company News, Technology, Media, H.J. Heinz Company

A daily look at legal news and the business of law:

The Case Against Limbaugh

With America's Free Speech rights, libel and defamation cases are hard to win, particularly when the comments' target is a public figure. That's why celebrities always bring libel cases in the U.K.'s more accommodating courts. Nonetheless, it seems Rush Limbaugh may have gone far enough in his attacks on President Obama to meet the tough American standards. Limbaugh claimed, among other inflammatory things suggesting that Obama is a failure whom other people always covered for, that Obama didn't write his own law review article while at Harvard Law.

Continue reading Latest Legal News: Should Obama Sue Rush for Defamation?

Latest Legal News: Should Obama Sue Rush for Defamation? originally appeared on DailyFinance on Sat, 06 Feb 2010 12:45:00.

Filed Under: Economy

President Barack Obama releases his proposed $3.8 trillion federal budget for fiscal year 2011 and immediately the hue and cry is one of "$1 trillion structural deficits," "a nation going broke" and "an unserviceable debt."

Continue reading Here's a Fair Way to Balance the U.S. Budget

Here's a Fair Way to Balance the U.S. Budget originally appeared on DailyFinance on Sat, 06 Feb 2010 12:30:00.

Filed Under: Columns, Economy

Part of the market run up between Labor Day and mid-January was based on the belief that corporate revenue and earnings would increase in the fourth quarter of 2009. At first blush, they have, but only at first blush. A study by Reuters shows that corporate sales among the S&P 500 companies are up only 2% based on numbers release so far when the financial sector is taken out of the figures. With financial firms added in, the improvement is 7%.

Continue reading Fourth Quarter Company Revenue Gains Are a Mirage

Fourth Quarter Company Revenue Gains Are a Mirage originally appeared on DailyFinance on Sat, 06 Feb 2010 12:00:00.

Filed Under: Economy, Earnings

If you owned a house that's now worth a lot less than what you owe on your mortgage, would you walk away from the home and default on the mortgage? If so, you'd have plenty of company. In 2009, Reecon Advisors released a national survey indicating that nearly one out of 10 homeowners, 9.2% or 7.4 million, would likely choose to default if they were in that situation. And today, we're seeing more and more evidence that some people are beginning to do just that. They're choosing to "strategically default" on their mortgages.

Continue reading Should You Consider a 'Strategic Default' on Your Mortgage?

Should You Consider a 'Strategic Default' on Your Mortgage? originally appeared on DailyFinance on Sat, 06 Feb 2010 11:15:00.

Filed Under: Investing, Real Estate

You'd think that infecting a cancer patient with a virus would be the last thing a doctor would want to do. But what if it was a virus that attacks and kills cancer cells? That's exactly the premise that led to the founding of Oncolytics Biotech (ONCY), a Calgary-based biotechnology company. It's about to begin Phase 3 trials that could pave the way for a marketable cancer treatment based on this technology in two years, says CEO Dr. Brad Thompson (pictured) in an interview with DailyFinance.

Continue reading Harmless Virus Could Be an Answer to Cancer

Harmless Virus Could Be an Answer to Cancer originally appeared on DailyFinance on Sat, 06 Feb 2010 11:00:00.

Filed Under: Technology, Healthcare

It's likely that Girl Scout founder Juliette Gordon Low would approve of her organization's recent plunge into viral marketing. After all, Low used the then-newfangled telephone almost a century ago to declare her intention to start the Girl Scouts to a friend.

Continue reading Girl Scouts Launch Viral Marketing Campaign on YouTube to Sell Cookies

Girl Scouts Launch Viral Marketing Campaign on YouTube to Sell Cookies originally appeared on DailyFinance on Sat, 06 Feb 2010 11:00:00.

Filed Under: Economy, People, Media