Most interesting finance and busines news.
The number of working Americans earning so little they lived in poverty reached 7.2 percent of the labor force in 2010, the highest level in at least two decades, the government said on Friday.
The Bureau of Labor Statistics counted 7.6 percent of women among the working poor, compared to 6.7 percent of men. In […]
Walt Disney Co. has awarded CEO Bob Iger a 2011 pay package valued at $31.4 million, up 12 percent from a year ago. That’s according to an Associated Press analysis of data disclosed to regulators on Friday.
The Burbank-based company says Iger merited a boost in compensation for excellent management in a tough economic environment.
Disney generated […]
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 […]
Two major labor unions in Nigeria say a paralyzing nationwide strike will resume Monday after negotiations with the government failed.
The Nigeria Labor Congress and the Trade Union Congress issued a joint statement Sunday confirming strikes would continue.
The strikes began Jan. 9 over spiraling gasoline prices following the removal of an estimated $8 billion in fuel […]
Well, that was painful.
The House and Senate on Friday finally approved and President Obama signed into law a short-term extension of the payroll tax cut and federal unemployment benefits, and staved off a steep cut in pay to Medicare doctors.
But, once again, Congress took a tortured path. And on legislation that, in the scheme […]
Patients in Illinois can again look up background information about their doctors after the state’s physician profile program was restored Wednesday.
The state’s department of financial and professional regulation launched the physician profile website in 2008 but took it down last year following a decision of the Illinois Supreme Court.
The website, which includes information on doctors’ […]
The latest backdrop for European financial crisis talks was Wroclaw, Poland _ or Breslau, as the picturesque city on the Oder River is still known in Germany.
As Europe’s finance chiefs bounce from meeting to meeting trying to hash out a strategy to contain their debt troubles, the city’s history may serve as a reminder of […]
Bank of Nova Scotia is taking a stake in China
Filed under: markets, technology by Guru
Comments Off
A South Korean appellate court has upheld a life sentence imposed on a Somali pirate for hijacking a ship and shooting its captain.
Five Somali pirates were captured during a raid on a hijacked South Korean-operated cargo ship in the Arabian Sea in January. The South Korean military operation killed eight pirates. During the raid the […]