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Interview with Steven A. Museles, CapitalSource co-chief executive (Jul-25, 23:00 EDT )-- My law school days were an exciting time on Wall Street. There were hostile takeovers, exciting mergers and acquisition transactions and leveraged buyouts. Corporate and securities law was an attractive area to focus on, so I stuck with it. ...
China will open wider to foreign business: minister (Reuters) (Jul-25, 20:31 EDT )-- Reuters - Worries that China is throwing up obstacles to foreign business are misplaced, Commerce Minister Chen Deming said in an article published on Monday.
Japan's exports rise for seventh straight month (AP) (Jul-25, 19:43 EDT )-- AP - Japan's exports rose for the seventh straight month in June, fueled by strong demand for machinery and steel products.
SKorea's economy grows 1.5 percent in 2nd quarter (AP) (Jul-25, 19:07 EDT )-- AP - South Korea's economic growth slowed in the second quarter of 2010 despite gains in exports, manufacturing and capital outlays as construction contracted and government spending and services weakened.
Source: Tony Hayward expected to step down from BP (Jul-25, 15:39 EDT )-- Tony Hayward's departure from his job as BP's chief executive will be at the center of the agenda when the company's board of directors meets Monday night, according to a source close to the company. Tony Hayward - BP - United States - Oil spill ...
Obama readies major action on immigration enforcement (Jul-25, 15:05 EDT )-- In a bid to remake the enforcement of federal immigration laws, the Obama administration is deporting record numbers of illegal immigrants and auditing hundreds of businesses that blithely hire undocumented workers. United States - Immigration -...
US 'wants more currency loosening' from China (AFP) (Jul-25, 14:09 EDT )-- AFP - US Treasury Secretary Timothy Geithner praised Sunday China's move to allow the yuan to float more freely, but again put pressure on Beijing to let its currency rise quicker and farther.
Europe's prospects brighten as U.S. fades (Reuters) (Jul-25, 14:01 EDT )-- Reuters - What's odd about this scenario?
No new recession, let tax cuts die: Geithner (Reuters) (Jul-25, 10:05 EDT )-- Reuters - The economy is not likely to slip back into recession but letting tax cuts for the wealthiest Americans expire is necessary to show commitment to cutting budget deficits, Treasury Secretary Timothy Geithner said on Sunday.
No new U.S. recession, let tax cuts die: Geithner (Reuters) (Jul-25, 09:53 EDT )-- Reuters - The U.S. economy is not likely to slip back into recession but letting tax cuts for the wealthiest Americans expire is necessary to show commitment to cutting budget deficits, Treasury Secretary Timothy Geithner said on Sunday.
US' Geithner rejects fears of double dip recession (AFP) (Jul-25, 09:46 EDT )-- AFP - US Treasury Secretary Timothy Geithner dismissed fears of a double dip recession in an interview aired Sunday, but warned of a slow US recovery with the economy only gradually gaining strength.
Geithner favors allowing some tax cuts to expire (AP) (Jul-25, 08:05 EDT )-- AP - Treasury Secretary Tim Geithner said that allowing tax cuts for the wealthy to expire would be "the responsible thing to do."
Tony Hayward negotiating exit terms with BP, reports say (Jul-25, 07:07 EDT )-- LONDON (AP) -- British media are reporting that BP chief executive Tony Hayward is negotiating the terms of his departure ahead of the oil company's results announcement later this week. Tony Hayward - BP - United States - Oil spill - Gulf of Mexico
Democrats are betting that ending tax cuts for the rich will play in their favor (Jul-24, 23:00 EDT )-- President Obama and Democratic leaders in Congress are setting the stage for a high-stakes battle over taxes in the final weeks before the November congressional elections, betting that their plan to eliminate tax breaks for the wealthy will resonate...
Colorado official works to regulate, legitimize medical marijuana industry (Jul-24, 23:00 EDT )-- DENVER -- When Matt Cook was coaxed out of early retirement to become Colorado's chief revenue enforcer three years ago, he assumed his time would be spent overseeing the casinos, liquor stores and car dealerships he had been keeping an eye on for much...
After bailouts, new autoworkers make half as much as veterans in same plant (Jul-24, 23:00 EDT )-- DETROIT -- Among workers building the Jeep Grand Cherokee here, there are few obvious distinctions. Clutching lunch sacks and mini-coolers, they trudge together through the turnstiles at the plant's main gate each day to tinker with the same vehicles,...
How crisis PR hasn't kept up with the turbulent times (Jul-24, 23:00 EDT )-- The sun never rises for BP. Or so it seems. After it had finally stanched the flow of oil in the Gulf of Mexico last week, this week brought news that the "cap" it placed on the gushing wellhead might be producing "seepage" elsewhere on the sea floor....
As federal panel probes oil spill, picture emerges of a series of iffy decisions (Jul-24, 23:00 EDT )-- KENNER, LA. -- If there is no smoking gun in the Deepwater Horizon disaster, it is because there is smoke coming from so many places. Oil spill - Environment - Energy - Petroleum in the Environment - Spill Containment and Remediation
Recession deals a double blow to those both disabled and unemployed (Jul-24, 23:00 EDT )-- If he had his wish, Alex Maltby would be working with autistic children as a classroom aide, the best job he ever had. Instead, he is at his mother's kitchen table in Silver Spring pondering job possibilities -- 33 years old and visually impaired,...
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