Bank of NY Mellon eyes asset management M&A: report

The News Review:

- Bank of NY Mellon eyes asset management M&A: report
- GM CE Says Management Changes Being Finalized
- Microsoft Unveils Project Management Effort for Partners
- Sears agrees to settle spyware charges
- IDB To Lend Paraguay $100M To Improve Public Management
- Fla. mulls empty homes as storm shelters

Bank of NY Mellon eyes asset management M&A: report
Reuters
N) Chief Executive Robert Kelly would like to expand the company’s $880 billion asset management business with acquisitions Bloomberg News said on Thursday. ”What we’re interested in is products.

GM CE Says Management Changes Being Finalized
Wall Street Journal
–>UPDATE: GM CE Says Management Changes Being Finalized ArticleCommentsmore in. (GMGMQ) management team that oversaw the company as it spiraled into bankruptcy Chief Executive Fritz Henderson said Thursday. Henderson responding to questions in an online chat said he needs time to finalize details of the changes amid the crush of business. Separately GM predicted it can return to profitability by 2011 but will lose $17. 5 billion this year and $1.

Microsoft Unveils Project Management Effort for Partners
Redmond Developer News
partners working with Microsoft ffice Project Server 2007 called "Project for Workgroups. "The program features a Web portal where partners can share workflow processes report templates project methodologies and other project-management assets associated with ffice Project Server 2007. Project for Workgroups provides solutions built by Microsoft’s partners to create enterprise project management systems. The aim is to reduce deployment costs associated with project management implementations. Three solutions — EPM Live Project Connect nline and VirtualePM — are currently available in preconfigured or configured-to-order offerings from Microsoft’s partners.

Sears agrees to settle spyware charges
Philadelphia Inquirer
Sears Holdings Management Corp. which operates the Sears Web site for its retailing affiliate agreed yesterday to settle charges by the Federal Trade Commission that it had misled consumers when it lured them to join "My SHC Community" via online invitations in 2007 and 2008. The FTC said Sears led consumers to believe that the software would simply track their "online browsing. " In return they would get a $10 incentive payment plus access to a "dynamic and highly interactive online community" where they could provide feedback to Sears and its sister retailer Kmart. But the FTC said Sears failed to adequately disclose the depth and breadth of the information it was collecting.

IDB To Lend Paraguay $100M To Improve Public Management
Wall Street Journal
–>IDB To Lend Paraguay $100M To Improve Public Management ArticleCommentsmore in. “Paraguay will undertake a set of policy reforms to improve public expenditure management as a priority action in its Economic Reactivation Plan for coping with the possible effects of the international financial crisis” the.

Fla. mulls empty homes as storm shelters
United Press International
June 4 (UPI) — Homes that are vacant due to foreclosures are being considered for temporary hurricane housing Florida’s top disaster-management official said. “We can’t not look at something staring us directly in the face. It’s a solution to a potential problem” said Ruben Almaguer interim director of the state’s emergency management division. But foreclosure attorney Scott Stamatakis of Tampa Fla. said such a plan was “much easier said than done. He said it might be hard to find out who owns foreclosed properties and some are controlled by investors who limit their use The Miami Herald reported. Florida has about 250000 homes being foreclosed and 300000 unsold homes on the market the newspaper said.
Related from Freewheelintornados: Foreclosed homes could become hurricane shelters

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