• Interest rates hit all-time low

  The Bank of England cuts rates to 1.5%, the lowest level in its 315-year history, as it continues efforts to help the economy.

• Madoff 'had cheques ready to go'

  Bernard Madoff had $173m in cheques in his office desk, ready to send out at the time of his arrest, US prosecutors say.

• US firm in talks to buy Wedgwood

  A US private equity firm is in advanced talks to buy most of iconic china firm Waterford Wedgwood.

• The Future of Apple

  L.A. Times' Michael Hiltzik on blue chip company and its frail-looking CEO.

• Bailout on Ice

  What will be done with the $350 billion in frozen assets?

• Business Update: Holiday freeze

  Jan. 8 - Many U.S. retailers, including low-cost giant Wal-Mart, announced disappointing December same-store sales, leading many to issue profit warnings.

  
  
  

“I am convinced that if we are to get on the right side of the world revolution, we as a nation must undergo a radical revolution of values.The giant triplets of racism, materialism and militarism are incapable of being conquered. We need a true revolution of values to unseat the glaring contrast of poverty and wealth. A nation that continues year after year to pour money into war and ignoring social uplift is approaching spiritual death.” - Martin Luther King, Jr.

“Aoccdrnig to a rscheearch at an Elingsh uinervtisy, it deosn't mttaer in waht oredr the ltteers in a wrod are, the olny iprmoetnt tihng is taht frist and lsat ltteer is at the rghit pclae. The rset can be a toatl mses and you can sitll raed it wouthit porbelm. Tihs is bcuseae we do not raed ervey lteter by itslef but the wrod as a wlohe.” - Fun article