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January 9, 2013
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Business Finance Today 
 
  • Lew reportedly is likely choice for next Treasury chief
    Jack Lew, the current White House chief of staff, might succeed Timothy Geithner as Treasury secretary, sources say. Lew is said to have helped supervise White House strategy during recent budget negotiations while keeping Wall Street executives up to date. Bloomberg (1/8) LinkedInFacebookTwitterGoogle+Email this Story
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Your Bottom Line 
  • More Americans moved in 2011, possibly in search of jobs
    The movement of Americans to different counties, typically a sign that they are relocating because of work, hit the highest level since the recession in 2011, according to the latest data from the Census Bureau. About 4% of the U.S. population moved to a new county in 2011, in increase from 3.5% in 2009 and 2010. The Wall Street Journal (1/9) LinkedInFacebookTwitterGoogle+Email this Story
  • XBRL is still a problem for companies
    More public companies plan to bring their filing process for eXtensible Business Reporting Language in-house, according to a survey conducted by the Financial Executive Research Foundation. Small and large companies have found XBRL implementation to be their biggest headache, more so than issues such as late changes, the internal review process, auditors' reviews or legal reviews, the survey finds. Compliance Week/Accounting & Auditing blog (1/8) LinkedInFacebookTwitterGoogle+Email this Story
In the C-Suite 
SmartPulse  
  • What is your outlook for 2013?
    This year will be better than 2012  34.60%
    This year will be worse than 2012  32.07%
    This year will be about the same as 2012  31.22%
    Not sure  2.11%
  • Ambivalence: Poll respondents were essentially split about their outlook for this year. Only 2% were unsure. --Cindy Kraft, the CFO Coach
  • What will happen when Congress debates the debt ceiling?
Congress will raise the debt ceiling, but not cut spending or raise taxes
Congress will reach a deal that involves tax increases and spending cuts
Congress will reach a deal that involves only spending cuts
Congress will reach a deal that involves only tax increases
Congress will not reach a deal on the debt ceiling
Not sure

On the Move 
  • Dirk Montgomery is the new executive vice president and CFO at Ascena Retail Group. He was executive vice president and chief value chain officer of Bloomin' Brands. RTT News (1/8) LinkedInFacebookTwitterGoogle+Email this Story
Off the Charts 
  • Effort seeks to crowdsource the review of Mars images
    The public is being invited to help identify dust features and flag anything unusual in millions of images of Mars on the Planetfour website. The images were taken by the Mars Reconnaissance Orbiter. BBC (1/7) LinkedInFacebookTwitterGoogle+Email this Story
SmartQuote 
Let people see that you're human and that there's a human side."
--G.J. Hart, CEO of California Pizza Kitchen, as quoted by The New York Times
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