Hope for Haiti Now, Obama on Banks, Suburban U.S. Poverty Surges & More: Business News

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Hope for Haiti Now - Disaster in Haiti: Attention Turns to the Economy
Dominique Strauss-Kahn, the managing director of the International Monetary Fund, on Wednesday called for a multilateral aid plan for earthquake-devastated Haiti on the scale of the U.S. "Marshall Plan" that rebuilt Europe after World War II. [The Network Journal]

Shady Former Detroit Mayor Kwame Kilpatrick Has To Cougk Up 319K For Being a Liar

A judge branded former Detroit mayor Kwame Kilpatrick as a liar Wednesday, ordering him to cough up $319,000 within three months toward the $1 million in restitution Kilpatrick owes the city from his 2008 perjury conviction, or face further punishment. [Bossip]

Jim Wallis Talks Wall Street Ethics, Move Your Money On 'Tavis Smiley'
A commentator on ethics, religion and public life, Jim Wallis is founder-editor of Sojourners magazine. His Christian commitment to social justice evolved from his student years in the civil rights and anti-war movements. [PBS.org]

Suburban Poverty Surges: See The 11 Areas Hit The Hardest
Over the last decade, much of the conversation surrounding poverty in America has focused on the urban poor. But according to a report released by the Brookings Institution today, there are now more impoverished people living in suburban areas than in the cities they border. [The Huffington Post]

Obama Earthquake Rocks Wall Street
Details of Obama's new proposal are still hard to come by but this looks huge. Sources inside major financial institutions are saying that they are scrambling to see if they will have to spin off operations, change their regulatory status, and perhaps find new business models. [Business Insider]

Sub-Saharan Africa to Expand 3.8%
Sub-Saharan Africa's economy will probably expand 3.8 percent this year as the global recession eases, though export demand may wane in the second half of the year, the World Bank said. [Bloomberg.com]

Bing on the iPhone: Has Apple's Holy War Shifted?
Some of tech's biggest battle lines may soon be shifting. Apple is in talks to make Bing the iPhone's default search engine, according to a report published in BusinessWeek today. Microsoft's search would replace the iPhone's current default -- yep, you guessed it -- Google. [Yahoo News]

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