Most interesting finance and busines news.
Economy Minister Luis de Guindos said Spain is sticking to its deficit goal even as the economy shrinks, underlining a rift in the month-old Cabinet over whether the nation can halve its shortfall during a recession.
De Guindos said the government
Filed under: Uncategorized, bank by Guru
Comments Off
The Dutch finance minister says Greece’s private creditors may be forced to take losses if they can’t reach a deal to cut the country’s massive debt pile voluntarily _ the first eurozone finance minister to do so.
Jan Kees de Jager said Monday that “we’ve never said it (the debt restructuring) must be voluntary. Our goal […]
Wall Street futures are rising modestly on hopes the International Monetary Fund will get a cash infusion and ahead of a host of U.S. economic reports.
Dow futures are up 20 points at 12,440. The broader Standard & Poor’s 500 futures are up 3 points to 1,293. The Nasdaq composite is up 9 points at 2,398.
Christine […]
Egyptian security forces stormed the offices of 10 human rights and pro-democracy groups on Thursday, including several based in the U.S., accused by the country’s military rulers of destabilizing security by fomenting protests with the help of foreign funding.
The raids on 17 offices throughout Egypt are part of the ruling generals’ attempt to blame “foreign […]
The stock market was not exactly surprised that the so-called supercommittee failed to reach a deal to cut the deficit. But since summer, investors have sold at the first hint of trouble.
So on Monday, they sold big.
The Dow Jones industrial average lost almost 250 points after the special committee of Congress assigned to come up […]
Except for his time in the military, James Coplin, 53, has lived his entire life in a modest brick house much like those of his neighbors in the 3600 block of Hickory Street.
Across the street is a stretch recently cleared of similar dwellings owned by St. Louis University. In their place is vacant ground, behind […]
Move over maple, there’s another syrup in town.
Maple syrup might be the ultimate Canadian culinary symbol, but if Dave Challen has his way, we’ll be turning to birch syrup for our dose of tree-based sweetness.
“There are a lot more birch trees in Canada than there are maple,” said Challen, owner of Thunder Bay-based Boreal Birch […]
A small crowd gathered outside the new Gordmans in Chesterfield Commons on Friday morning as company officials stood before a large purple ribbon and a pair of oversized scissors.
“We want you to never have to wait for a sale,” proclaimed Jeff Gordman, the company’s chief executive who was dressed in a pinstripe suit. “In fact, […]
Filed under: bank, management by Guru
Comments Off
World stock markets remained volatile Monday as investors grew increasingly convinced that Greece would default on its debts, an event that economists say has the potential to worsen a global downturn.
Oil prices fell below $79 per barrel while the dollar strengthened against the euro but was lower against the yen.
Stocks were mixed in early European […]
A Yemeni pro-opposition officer says troops loyal to President Ali Abdullah Saleh are attacking soldiers who sided with the opposition in the capital Sanaa, killing at least 11.
Abdel-Ghani al-Shimiri says mortars are raining down on the headquarters of the 1st Armored Division, led by Maj. Gen. Ali Mohsen al-Ahmar who backs the opposition’s demands for […]