RSS Feed Alerts
S.E.C. Charges Billionaire Dallas Brothers With Securities Fraud (Jul-29, 21:40 EDT )-- The billionaire brothers who are large donors to conservative causes, were charged with conducting an extensive securities fraud.
Added to the Recall List: Millions of Frozen Mice (Jul-29, 21:40 EDT )-- Salmonella outbreaks that have sickened more than 400 people in the U.S. and Great Britain, have been traced to frozen mice sold over the Internet as food for exotic pets.
Rich I.P.O. Brings Controversy to Microlender, SKS Microfinance (Jul-29, 21:29 EDT )-- The founder and early investors in the microlender will reap millions from the share deal, but it was unclear how impoverished borrowers would benefit.
DeGeneres Steps Down From ‘American Idol’ (Jul-29, 21:19 EDT )-- Fox said the talk show host was leaving effective immediately, despite having four years remaining on her contract.
Cloned Livestock Gain a Foothold in Europe (Jul-29, 21:11 EDT )-- The Continent has generally resisted genetically modified food, but small amounts of meat and dairy from cloned animals are already being consumed.
Obama to Promote Auto Bailout as a Success (Jul-29, 21:02 EDT )-- The White House has decided to argue more forcefully that investing in the auto industry helped keep workers employed and laid the groundwork for a rebound.
Economists Expect Slower Growth in 2nd Half (Jul-29, 21:02 EDT )-- Concerned about slow job creation, dwindling housing activity and decelerating retail sales, some economists have downgraded their expectations.
Within Fed, Subtle Shift Toward Deflation Concerns (Jul-29, 21:01 EDT )-- A Fed member warned that the agency’s current policies put the United States economy at risk of “Japanese-style†deflation.
High & Low Finance: In Basel, an Eternal Work in Progress (Jul-29, 21:01 EDT )-- The Basel committee that was supposed to toughen banking regulations seems caught in a battle to do so.
Citigroup Paying $75M To Settle Civil Charges (Jul-29, 16:16 EDT )-- The bank settles charges that it misled investors about its potential losses from subprime mortgages as the housing bust hit in 2007.
Foreclosures Rise In 3 Of 4 Metro Areas (Jul-29, 13:39 EDT )-- While it appears foreclosures may have peaked in metropolitan areas that were initially the worst hit, the crisis is now becoming much more widespread.
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