Archive for the 'Banking' Category
Mark Lennihan / AP
Stocks fell in early trading Thursday after China reported a sharp jump in inflation. Mixed U.S. economic news also held the market back. Overseas markets were mixed after China said its inflation rate jumped 2.7 percent in February from 1.5 percent …
Read More..>>STOCK MARKET WATCH, Thursday March 11
SINGAPORE ‘“ Oil prices fell to near $82 a barrel Thursday in Asia as traders eyed tepid U.S. crude demand amid an overall economic expansion. … Crude prices have hovered in the low $80s this week ‘” after jumping from $69 early last month ‘” on …
Read More..>>Struggling for a way out of a home worth less than the …
homeowner walked away after his bank pulled his business line of credit. He had spent more than 20 years … collateral, and with their value falling below what was owed in some cases, the credit lines were called in to be paid in full.
Read More..>>The Ambitions of Prudential’s Tidjane Thiam
The British business also provides much-needed regulatory capital held as a surplus in the firm’s giant with-profits fund useful in the capital-challenged world of the past … affable Thiam is in Asia conducting a series of “Town Hall” meetings with …
Read More..>>BP to Pay $7 Billion for Exploration Rights
Oil company BP PLC said Thursday it will pay $7 billion to acquire exploration rights from US-based Devon Energy Corp. that will strengthen BP’s dominant position in the Gulf of Mexico and give it access to a promising region off Brazil. BP will buy …
Read More..>>Business Reports
Judge approves Bank of America settlement A federal judge has approved a $150 million settlement between Bank of America and the SEC. That means the two civil lawsuits regulators filed against the bank will not go to trial. More NY attorney general …
Read More..>>RECENT VA HEADLINE NEWS
VA CLAIMS HOMELESS VETERAN POPULATION DOWN 18 PERCENT (03-11-10) But, with the VA dealing with a shortage of mental health and substance abuse counselors, can we believe the numbers they provide? GAO REPORT: VA HAS PROBLEMS WITH SUBSTANCE ABUSE …
Read More..>>Government reorganization measure boosts savings, but …
In total, Iowa’s general fund – the chief operating account for the state … Without additional savings, department directors have projected service cutbacks and hundreds of additional job losses in human services and the Department of Justice.
Read More..>>Social Compact Launches Exciting New Online Tool in …
WASHINGTON –(Business Wire)– Social Compact announced today the launch of its Washington, DC-based ‘CityDNA,’ a new easy-to-use web-based system that will serve as a one-stop-shop for visualizing and analyzing local market data. CityDNA aims to …
Read More..>>Michelle Singletary: Ex-offenders face struggles upon …
Stephanie Harris’ management and … Finding a job is one of the biggest struggles for people coming out of jail. Ex-offenders face substantial barriers to many types of legal employment. They, like many others, have credit histories riddled with …
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