May 11th, 2012
Spain will need to strike a delicate balance as it seeks to clean up the banking sector in the midst of a sovereign debt crisis and economic recession.
The government in Madrid is expected to announce a new round of financial sector reforms Friday, after the Bank of Spain effectively nationalized one of the nation’s […]
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April 28th, 2012
German Chancellor Angela Merkel’s refusal to amend a European treaty on fiscal discipline with measures to promote growth in struggling EU countries might delay the deal’s ratification in Germany, an opposition leader said.
The Social Democrats’ caucus leader Frank-Walter Steinmeier told the Sueddeutsche Zeitung daily on Saturday that his party also wants a financial transaction tax […]
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April 23rd, 2012
The titular hero in the sci-fi epic "John Carter" slayed evil aliens, decimated enemy armies — and now, he’s killed Rich Ross’ position as chairman at Walt Disney Studios.
Disney (, Fortune 500) released the movie "John Carter," based on a Martian adventure novel by Edgar Rice Burroughs, to theaters on March 9. The studio […]
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April 10th, 2012
Instead of curbing government spending, President Barack Obama’s healthcare law could add up to $530 billion to the federal debt over ten years, a Republican expert on U.S. government benefit programs said on Tuesday.
A study by Charles Blahous, a George Mason University research fellow and the Republican trustee for the Medicare and Social Security […]
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March 23rd, 2012
Air Canada says it has an injunction against its ground workers in Toronto, Montreal and Quebec City after wildcat strikes in Toronto and Montreal cancelled or delayed dozens of flights.
The workers walked out Thursday night, reportedly after some of them were disciplined for heckling federal Labour Minister Lisa Raitt.
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February 26th, 2012
Two Federal Reserve officials opposed additional mortgage-bond purchases by the Fed, saying the measure isn
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February 21st, 2012
The new fund designed to spur science startups in Missouri has been declared unconstitutional by a judge in Cole County.
Circuit Judge Dan Green tossed out the Missouri Science and Innovation Reinvestment Act (MOSIRA) in a ruling Tuesday morning, saying that the way it was approved by lawmakers in last fall’s special legislative session violated the […]
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February 9th, 2012
For much of the 2000’s, Josh Bolten helped steer the country. Now he’ll help steer Emerson.
The Ferguson-based manufacturer said Wednesday that Bolten, who held several top posts in the George W. Bush administration, has joined its board of directors. He was White House chief of staff from 2006 until 2009, director of the Office of […]
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February 7th, 2012
Key officials at the Federal Trade Commission are gathering evidence in an effort to halt Express Scripts’ planned acquisition of rival Medco Health Solutions, Reuters reported today.
The deal between the two major pharmacy benefit managers , which was announced in July, still needs approval from Federal Trade Commission, which handles antitrust inquiries for that industry.
Reuters, […]
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January 17th, 2012
A pension fund has sued St. Louis-based CPI Corp., alleging that the portrait studio operator broke federal securities laws by misleading investors about the company’s financial health.
The suit, filed by IBEW Local 98 Pension Fund, is seeking class action status for shareholders who purchased the company’s common stock between April 20, 2010 and December 21, […]
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