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News In Brief

Japan cuts interest rates to near 0 — where is this headed?

Bill Radke Oct 5, 2010

The central bank of Japan today made a surprise interest rate cut. Rates are rock bottom here, too — is this a race to the bottom? What are the risks? And does this explain why gold is at another record high?

Anti-global warming efforts are pretty much stalled. If not cutting emissions, what about “geoengineering“? Speaking of the earth, a new report measures the environmental impact of the world’s 3,000 largest companies, and how much that impact costs investors.

French rouge trader Jerome Kerviel has been found guilty of one of the biggest trading frauds in history. Kerviel amassed a multi-billion loss at the French bank Societe Generale in 2008.

Hallelujah! A free-entry day at the Orlando, Fla., theme park called the Holy Land Experience. (The giveaway has to do with taxes.)

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