RSS Feed Alerts
A.I.G. Figure Says He Could Have Saved Billions (Jun-30, 15:38 EDT )-- Joseph Cassano, who oversaw the unit that was heavily involved in credit default swaps, defended A.I.G.’s investment strategy prior to the company’s near-collapse.
Trade Drunk. Refill. Lose $10 Million. (Jun-30, 15:32 EDT )-- A former oil futures broker engineered a jump in the price of oil a year ago and cost his firm millions after a weekend of heavy drinking, Britain’s financial regulator disclosed.
Just How Bullish Is the White House? (Jun-30, 15:31 EDT )-- There is some uncertainty and even debate in the administration about the strength of the current upturn.
Stocks Close Lower After a Late Downturn (Jun-30, 15:30 EDT )-- Investors tread cautiously a day after a broad selloff and two days before the government’s monthly jobless report is released.
If Cars Could Fly (Jun-30, 15:05 EDT )-- A small plane that can land at airports, fold its wings and be driven away as if it were a regular car recently received Federal Aviation Administration approval for added weight.
China Partially Blocking Google Searches (Jun-30, 14:49 EDT )-- Google says that China is blocking some searches from its users in mainland China.
Conversations: Cracking the Good Ol’ Boy Network (Jun-30, 14:44 EDT )-- A single mom finds ways to survive in the male-dominated construction industry.
New York Smokers Paying More To Light Up (Jun-30, 14:19 EDT )-- With a new tax driving the average cost of a pack of cigarettes up to almost $11 in New York City, some are going to go elsewhere for their smokes.
European Commission Proposes Penalties for Budget Offenders (Jun-30, 14:14 EDT )-- Governments that spend beyond their means could suffer a loss of farm aid and pay penalties under the proposal, which could take effect next year.
Portuguese Government Blocks Sale of Brazilian Operator (Jun-30, 14:12 EDT )-- Reviving a debate about protectionism in Europe, the Portuguese government blocked a 7.15-billion-euro bid by Telefónica of Spain to take full control of a joint venture with Portugal Telecom.
Ford Motor To Repay $4 Billion More In Debt (Jun-30, 13:31 EDT )-- Ford said it will reduce its huge debt by another $4 billion as the automaker continues to show signs of financial strength. The company will pay $3.8 billion in cash to a United Auto Workers health care trust fund and $255 million in deferred...
Police Torture Reporting Brings Verdict, But Who Will Do the Work Next Time Around? (Jun-30, 13:24 EDT )-- A long-running story on police torture in Chicago yields a verdict, but John Conroy, the reporter whose work got the investigation started, no longer has a job.
Airbus Subsidies From Europe Are Ruled Improper (Jun-30, 13:20 EDT )-- The World Trade Organization determined that European government subsidies gave the European aircraft maker an unfair advantage over Boeing.
The Great Debt Reset (Jun-30, 13:17 EDT )-- Reviving the economy with more debt ignores what ought to be the lessons of the last few years.
What's With The Purple Shoes? (Jun-30, 11:03 EDT )-- If you've been watching a lot of soccer lately, you've probably seen a remarkably high number of gifted athletes this year sporting ridiculous glowing footwear. What gives?
Mad Dash As Homebuyer Tax Credit Deadline Arrives (Jun-30, 11:00 EDT )-- Wednesday is the last day for homebuyers to close on purchases if they want to get the $8,000 federal tax credit. But a national Realtors group says as many as 180,000 people may not make it because of various delays. A bill working its way through...
Michael Klare: Grappling With The Age Of 'Tough Oil' (Jun-30, 11:00 EDT )-- Journalist Michael Klare says we've used up what he calls the "easy oil" on Earth. What's left is "tough oil" -- deep underground, far offshore or in complex geological formations. Klare details the hazards of drilling in these environmentally...
Calif. Schools on Brink of Bankruptcy (Jun-30, 10:08 EDT )-- More than a dozen districts are in immediate danger, while 160 others are in financial limbo.
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