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Dubai Seeks to Clean Up its Business Practices (New York Times)

A series of financial scandals at major Dubai companies threatens to derail the Gulf Arab emirate’s ambitions to become an international business hub unless the government tackles corruption head on, analysts say.

21 Aug 2008, 5:58 am | click here for more

Duane Morris Cuts Marketing, Business Development Staff (Law.com via Yahoo! Finance)

Duane Morris has clip about 18 percent of its marketing and business development staff, making staff reductions that echo changes at other firms in recent months. The move follows administrative staff cuts at Fried, Frank, Harris, Shriver & Jacobson this month and the elimination of support staffers at Ballard Spahr Andrews & Ingersoll and legal secretaries at Reed Smith earlier this year.

21 Aug 2008, 2:01 am | click here for more

The Canadian Press Business News Budget, Thursday, Aug. 21, 2008@ (INO News)

BUSINESS EDITORS:@ Here are Canadian Press Business budget lines as of 1:30 p.m. ET. Plans may change as circumstances warrant. Queries should be addressed to business editor John Valorzi at 416-507-2146 or Dave Paddon or Romina Maurino on the business desk at 416-507-2138.

21 Aug 2008, 12:44 pm | click here for more

Lehman's Janulis, McKinney Leave as Mortgage Business Shrinks (Bloomberg.com)

Aug. 21 (Bloomberg) -- Lehman Brothers Holdings Inc. 's heads of mortgage origination and securitization are leaving the firm as the business of making home loans and packaging them into bonds shrinks.

21 Aug 2008, 12:31 pm | click here for more

Boom and gloom: Egypt's new traffic law brings business and fear (AFP via Yahoo! News)

A new traffic law aimed at easing chronic congestion in Egypt has scared off some drivers who fear heavy fines, driven others to expect to pay higher bribes, and even sparked a business boom.

21 Aug 2008, 11:30 am | click here for more

Q&A: Red Hat's JBoss business hits overdrive (CNET)

Red cap's JBoss business spent two years in the doldrums but recently began growing at twice the rate of Red cap's operating system business.

21 Aug 2008, 10:45 am | click here for more

Reed Business Sale Expected As Early As October (CBS News)

Reed Elsevier (NYSE: RUK) expects the sale of its Reed Business Information trade magazine unit to complete as early as October. In a memo seen by Dow Jones, Marianne van Leeuwen, CEO of the Holland operation, says bids were made for RBI "since last week". "In the first three weeks of September, the global board of Reed Business will give a management presentation to potential acquirers," Van ...

21 Aug 2008, 10:33 am | click here for more

Reed Business Sale Expected As Early As October (paidContent.org via Yahoo! Finance)

Reed Elsevier expects the sale of its Reed Business Information trade magazine unit to complete as early as October. In a memo seen by Dow Jones, Marianne van Leeuwen, CEO of the Holland operation, says bids were made for RBI "since last week".

21 Aug 2008, 10:23 am | click here for more

Rumer Willis joins the "family business" (Reuters via Yahoo! News)

When she first set foot on a movie set as a child, Rumer Willis, daughter of Demi Moore and Bruce Willis, knew she wanted to be a part of the "family business," even though she didn't fit the image of a Hollywood celebrity.

20 Aug 2008, 4:52 pm | click here for more

Coach says he and Phelps will be in business (Sports Illustrated)

Michael Phelps' coach says he and his record-breaking athlete are extending their partnership from training into business, though the details are fuzzy.

20 Aug 2008, 2:21 pm | click here for more

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