links for 2011-09-03

Tony Blair said dealing with Gordon Brown was ‘like having dental treatment with no anaesthetic’, Alistair Darling is to claim in his memoirs.

The former chancellor, whose book is being published next week, will also lift the lid on the collapse of his own relationship with Mr Brown.

The song from the 1980s was pulled from radio playlists in January after just one unidentified listener complained about the use of the slang word for homosexual.

A recent reply brief in Apple's patent infringement case against HTC with the International Trade Commission alleges that Google executive Andy Rubin got the inspiration for the Android framework during his time as a low-level engineer at Apple.

House prices are crumbling on both sides of the Atlantic, growing numbers of homeowners face repossession, financial markets are yo-yoing and the UK saw its first run on a bank in living memory. But for three audacious New York traders it all added up to a $4bn (2bn) profit opportunity and the biggest jackpot in the history of Wall Street.

The young guns at the investment bank Goldman Sachs none of them over 40 years old were unmasked yesterday, prompting a wave of adulation and envy among their colleagues, and another bout of handwringing about Wall Street's ability to make multibillion-dollar profits even as millions of ordinary people face losing their homes.

(Reuters) – Bank of America Corp (BAC.N) executives are discussing plans to potentially shed 25,000 to 30,000 jobs over the next several years, the Charlotte Observer said.

a Democratic lobbyist with refinery interests who had candid conversations with political operatives within the White House and the Obama reelection campaign about the smog rule said senior administration officials were wary of pressing for the rule in light of the sluggish economy.

These dollar accounts are just over $100bn (£62bn) and are small beer compared to the vast sums invested in bonds as foreign reserve holdings. Yet they serve as stress indicator, reflecting the operating decisions of the world's top insiders.

In a letter to Speaker of the House John Boehner Tuesday, Obama revealed that the rule under consideration by the Environmental Protection Agency could cost up to $90 billion to implement.

Die österreichische Skandalbank Hypo Alpe Adria braucht mehr Eigenkapital: Nach einem Gutachten der Oesterreichischen Nationalbank benötigt das Institut einen zusätzlichen Eigenkapitalpuffer von 1,5 Milliarden Euro.

A top Goldman Sachs Group Inc. strategist has provided the firm's hedge-fund clients with a particularly gloomy economic outlook and suggestions for how these traders can take advantage of the financial crisis in Europe.