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| Higher Reserves Proposed for 'Too Big to Fail' Banks New York Times By ERIC DASH After nearly two years of political jousting, a panel of global regulators said on Saturday that banks deemed too big to fail would have to set aside an additional cushion of capital reserves in what is the centerpiece of their efforts to ... See all stories on this topic » | ||
| Richard J. Grant: Guaranteed Social Security benefits is a myth The Tennessean One evening some years ago, I went to a restaurant with a famous actor. As we were about to pass the crowded bar, he turned to me and said, "Watch this; I can be anybody I want to be." I am reminded of this when observing how politicians can make ... See all stories on this topic » | ||
| Micron stock falls on 3Q microchip weakness BusinessWeek Micron Technology Inc. shares sank Friday after the company's quarterly report missed analyst forecasts because of a drop in microchip sales. THE SPARK: Micron Technology said late Thursday that its fiscal third-quarter revenue fell almost 7 percent to ... See all stories on this topic » | ||
| Ahead of the Bell: Newell Rubbermaid BusinessWeek Analysts said Friday that Newell Rubbermaid's new CEO Michael Polk is likely a good pick because of his experience as a member of the consumer product maker's board. Late Thursday, Newell Rubbermaid Inc. announced that Polk would become its CEO, ... See all stories on this topic » | ||
| Brookfield sells Houston building for $340M BusinessWeek Brookfield Office Properties Inc. said Friday that it sold a Houston office building to its sole tenant Chevron Corp. for $340 million. The office property developer and manager said it bought the office tower, located at 1400 Smith St., for about $120 ... See all stories on this topic » | ||
| 3 Pa. counties chosen for EPA fracking study BusinessWeek Federal environmental regulators will study seven sites, including three in Pennsylvania, as part of its investigation into the potential effects of hydraulic fracturing on the quality of drinking water. The Environmental Protection Agency announced ... See all stories on this topic » | ||
| Analyst: Brocade CFO exit suggests buyout unlikely BusinessWeek Shares of network gear maker Brocade Communications Systems Inc. fell Friday after the departure of its chief financial officer dampened speculation that the company would be acquired. THE SPARK: Brocade said Thursday after the market closed that Chief ... See all stories on this topic » | ||
| Ahead of the Bell: STR Holdings BusinessWeek Shares of STR Holdings Inc. dropped sharply Friday in pre-market trading after the company cut its earnings and revenue forecasts for the second quarter. The Enfield, Conn. company, which makes products for solar modules, said it expects earnings of ... See all stories on this topic » | ||
| Drug maker settles bad drug claim for over $40M Clarksville Leaf Chronicle Tennessee will get about $1.34 million from a settlement with British drug maker GlaxoSmithKline and SB Pharmco Puerto Rico to settle complaints over substandard prescription drugs. The companies agreed to pay out $40.75 million to 37 states in all. ... See all stories on this topic » | ||
| Wall Street 'bad boy' talks about NY trial BusinessWeek By TOM HAYS A former investment manager known as Wall Street's "bad boy" says he's relieved to finally reach trial on charges he cooked up a $140 million securities fraud scheme. Ross Mandell told The Associated Press on Friday that he thinks a key ... See all stories on this topic » | ||
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| Apple, RIM patent decision set for next week Bizjournals.com Eastman Kodak has a patent dispute with Apple and Research in Motion over the iPhone and Blackberry, and a trade body is set to rule in the case next week. A decision Eastman Kodak 's patent case against the makers of the iPhone and Blackberry is ... See all stories on this topic » | ||
| Small Biz Notes: Business loans face long wait The News-Press If you were banking on getting a loan through help from the Small Business Jobs Act, you've got a long wait. US Treasury Secretary Timothy Geithner on Wednesday fielded questions from the House of Representatives' Small Business Committee, ... See all stories on this topic » | ||
| Woman Gets 11 Years In Prison, Stole More Than $1 Million From Employer Huffington Post A Des Plaines woman accused of stealing more than $1 million from her employer pleaded guilty Friday to two counts of theft and was sentenced to 11.5 years in prison. Tammy Weart, 53, of the 500 block of Anita Street, was charged with 30 counts of ... See all stories on this topic » | ||
| Restrictions common for homeowner groups The Augusta Chronicle By Sandy Hodson The dispute between the Knob Hill Property Owners Association and the group prepared to build a home for a disabled veteran should serve as a warning: "buyer beware." Covenants are restrictions most neighborhood developers set, ... See all stories on this topic » | ||
| Weekly News Roundup: Wal-Mart Stores Inc. (NYSE:WMT) StocksandShares.TV Here's a round-up of Wal-Mart Stores Inc. (NYSE:WMT) stock briefings from this week. Wal-Mart Stores Inc. (NYSE:WMT) shares ended the week at 52.41 (as of 6/24/2011). Weekly News Roundup: Wal-Mart Stores Inc. (NYSE:WMT) It has been reported that ... See all stories on this topic » | ||
| Majesco shares rise on addition to index BusinessWeek Shares of video game publisher Majesco Entertainment Co. rose Friday after it announced that it would join the Russell Microcap Index. THE SPARK: The Edison, NJ-based company's inclusion in the index was effective Friday when Russell carried out its ... See all stories on this topic » | ||
| Insiders Sound an Alarm Amid a Natural Gas Rush The Ledger Natural gas companies have been placing enormous bets on the wells they are drilling, saying they will deliver big profits and provide a vast new source of energy for the United States. But the gas may not be as easy and cheap to extract from shale ... See all stories on this topic » | ||
| Grains futures mixed, livestock prices slide BusinessWeek Wheat for September delivery added 4.25 cents to $6.735 a bushel; December corn was unchanged at $6.46 a bushel; December oats were flat at $3.6125 a bushel; while November soybeans slumped 4.25 cents to $13.13 a bushel. Beef and pork futures dropped ... See all stories on this topic » | ||
| ReneSola says CFO to resign; shares drop BusinessWeek Chinese solar products maker ReneSola Ltd. said Friday after the market closed that its chief financial officer, Julia Xu, will resign to pursue other interests. Henry Wang, the vice president of finance, will replace her as CFO. ... See all stories on this topic » |
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