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Tuesday, January 2nd has been designated as a National Day of Observance in honor of Former President Gerald Ford, who passed away on December 26. All federal government agencies will be closed….

The Vietnamese Ministry of Finance announced that 282 cars used during the APEC Summit would be auctioned on January 8 and 9.
The procedures were complete, it said, adding there would be four auctions starting on the eighth.
In the first auction 24 Mercedes Benz E280s will go under the hammer with an upset price of VND1.97 […]

To help combat bogus eBay seller ratings, which can mislead customers by giving a stamp of approval to fraudulent vendors, researchers at Carnegie Mellon University have developed a technique to help validate the scores.
EBay fraudsters have found ways to artificially elevate their seller ratings, by conducting transactions with friends or using alternate online identities to […]

Marsh & McLennan has agreed to sell Putnam for $3.9bn (€2.9bn) to Power Corp of Canada as part of chief executive offier Michael Cherkasky’s effort to retool after a share trading scandal.
The price to be paid by Montreal-based holding company Power Corp of Canada is at the higher end of most estimates and could be […]