Most interesting finance and busines news.
Minnesota’s Democratic Gov. Mark Dayton and Republican legislators struck a deal Thursday to end a budget impasse that led to the longest state government shutdown in recent history.
The deal came after a three-hour negotiating session that followed major concessions by Dayton. If details are worked out and approved by state legislators, it would end a […]
US Fidelis founder Darain Atkinson owes about $1.7 million in state personal income tax, fees and interest, according to a tax lien filed by the Missouri Department of Revenue this month.
Atkinson and his younger brother, Cory, are accused in an indictment unsealed last month of consumer fraud, stealing and illegally selling insurance. Because Darain Atkinson […]
My grandmother gave me a single Bell Canada share for my birthday each year and as graduation gifts.
I knew they were worth about $50 apiece, an impressive number to a child, and I figured the telephone company was a solid investment. So, why did I cash in my 25 Bell shares before I turned 25? […]
Home prices in 20 U.S. cities dropped in March to the lowest level since 2003, showing housing remains mired in a slump almost two years into the economic recovery.
The S&P/Case-Shiller index of property values in 20 cities fell 3.6 percent from March 2010, the biggest year-over-year decline since November 2009, the group said today […]
The U.S. trade deficit widened more than forecast in March as the highest oil prices in more than two years boosted imports, eclipsing record exports.
The trade gap rose 6 percent to $48.2 billion, the biggest since June, from $45.4 billion in February, the Commerce Department reported today in Washington. The median forecast of 72 […]
U.S. consumer borrowing rose for a sixth straight month in March, led by a gain in non-revolving credit, which includes auto loans, and a pickup in credit-card use.
The $6 billion increase followed a $7.6 billion rise in February, the Federal Reserve said today in Washington. Economists projected a $5 billion gain in the measure […]
Australian house prices declined in the first quarter by the most since 2008 as higher borrowing costs curbed demand and floods disrupted the property market in Queensland state.
An index measuring the weighted average of prices for established houses in eight major cities slid 1.7 percent from three months earlier, the biggest fall since the […]
Nokia Corp. said Wednesday it will slash 7,000 jobs worldwide, through both layoffs and outsourcing, as it strives to cut costs and catch up with its top rivals in the smartphone market.
Most of the 4,000 layoffs, due by the end of 2012, will be in Denmark, Finland and Britain, Nokia said.
It also plans to transfer […]
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Dealers Warranty LLC, a St. Charles-based auto service-contract company, have agreed to pay the state of Missouri $125,000 in restitution and civil penalties to settle a lawsuit brought by the state’s Attorney General over deceptive business practices.
Dealers Warranty, owned by Brian Marino, operated the business as Mogi beginning in 2009. Dealers Warranty ceased operations after the Attorney General’s […]
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