Business Diary: Kashkari turns the tables on his critics
Wednesday 21 April 2010
Welcome back Neel Kashkari: after being asked to run the US's $700bn troubled asset relief programme in 2008, Hank Paulson's protégé endured some bruising criticism. Now employed by the bond fund Pimco, he doesn't seem to be in the mood to do the Obama administration any favours, this week publishing a note that warned starkly of five years of slower growth and higher unemployment for America.
A trophy that the top clubs didn't expect
Congratulations to the Premier League, which today picks up its Queen's Award for enterprise and international trade. It is certainly an interesting moment to hand the league such a gong – after years of good times for the business of football, the sport is currently suffering something of a crisis of confidence, with massive debt threatening the future of several leading clubs. The award might have been more appropriately given for football's services to the insolvency profession.
Search engine is powered by private jets
Google has a reputation for looking after staff, so maybe it's no surprise the internet giant has been working to get employees stranded by the ash cloud out of Europe. Henry Blodget, the Wall Street tech analyst turned blogger, reports that Google has told such staff to be ready to go a southern European destination where its private jets will be waiting. Next stop the motherland.
City Police pay a visit to patriotic public house
The popular City watering hole the Cockpit has run into a bit of bother with the local constabulary. Its patriotic landlord has decked out the pub with St George's Day bunting ahead of England's national day on Friday. Cue a visit from the City of London Police to ask whether the pub was playing host to a British National Party meeting they had not been warned about, or even screening a football match they had somehow managed to miss.
New UK station Russia Today gives a very bizarre view of Britain
By performing as African Americans or Indians, white people get to play act a kind of 'imaginary liberation', writes Michael Mark Cohen
New essay by JK Rowling went live on Pottermore site this morning
Top Gear presenter is no stranger to foot-in-mouth controversy
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- 2 Topshop at centre of row over body image as 'shocking' skinny mannequin photo goes viral
- 3 Top Gear presenter Jeremy Clarkson criticised for beer tweet
- 4 The bubble bursts for Sodastream
- 5 If you think Russell Brand’s new book is confused, you should read what his critics have to say about it
'Nasa Confirms Six Days of Darkness in December': No, they don't - it's a hoax
Top Gear presenter Jeremy Clarkson criticised for beer tweet
The bubble bursts for Sodastream
Russian politician says Apple CEO Tim Cook should be 'banned' from country after coming out as gay
'Santa Claus' dead: John Moore starred in Coca Cola and Morrisons adverts
Pope Francis declares evolution and Big Bang theory are real and God is not 'a magician with a magic wand'
Huge surge in Ukip support after EU funding row, according to new poll
Ukip ‘exploiting grooming scandal’ to secure party’s first police chief
Nigel Farage: 'There’s nothing wrong with white people blacking up'
Maureen Lipman says 'she can't vote Labour while Ed Miliband is leader'
Muslims, immigration and teenage pregnancy: British people are ignorant about almost everything
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