1-13-10 Business News Headlines-  Obama $100 bil Bank fee- Chicago Bus convention corruption- Hospital errors costly to CA

Obama Bank Fee Could Exceed $100 Billion:

[1] http://www.bvonmoney.com/2010/01/12/business-news/

[2] Obama bank fee could exceed $100 billion
A fee being considered for banks could raise more than $100 billion if the Obama administration seeks to recoup the current estimate of financial bailout costs, but exact figures are preliminary. [Yahoo News]

Unions and Corruption Plague Chicago’s Convention Business

[3] http://rightwingnews.com/2010/01/unions-and-corruption-plague-chicagos-convention-business/

This week Chicago’s Mayor Richard “King” Daley [4] railed against the conditions that have made Chicago’s convention business a wreck these days. Along with Governor Pat Quinn, Daley has unveiled new work rules that would prevent unions from striking and would change union policies so that the high, high costs of bringing a convention to Chicago might come down…..

Of course, Chicago has already lost several million dollars in convention business for the 2010 season (see previous stories [5] here, and [6] here). For those shows these changes are too late…

Electronic Arts lowers 2010 guidance as sales weak

[7] http://www.kpic.com/news/business/81240602.html

By Associated Press

NEW YORK (AP) - Video game publisher Electronic Arts Inc. cut its full-year guidance on Monday, as ongoing weakness in its game disc sales didn’t ease up over the holidays as the company had hoped.

The news sent shares down sharply in extended trading.

Business Journal: Hospital Errors On The Rise

[8] http://www.capradio.org/articles/articledetail.aspx?articleid=7645

The number of California hospitals making major mistakes is on the rise – mistakes such as operating on the wrong body part or leaving a medical instrument in a patient after surgery. Those kinds of errors are up more than 25%.