June 19, 2013
Business News
US to auction wind energy leases
PROVIDENCE, R.I. — The federal government will auction leases for wind farms off the coast of Rhode Island and Massachusetts on July 31, marking the first time it has sold competitive leases for wi...
Jun 05, 2013 | 0 0 comments | 2 2 recommendations | email to a friend
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FHA reverse mortgage losses may require bailout
WASHINGTON — The Federal Housing Administration may need as much as a $1 billion rescue package before the end of the year to bolster its reserves despite efforts to shore up its finances with high...
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Report finds $50 million for forums
WASHINGTON — A government watchdog has found that the Internal Revenue Service spent about $50 million to hold at least 220 conferences for employees between 2010 and 2012, a House committee said S...
Jun 03, 2013 | 0 0 comments | 3 3 recommendations | email to a friend
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Judge: Google must comply with FBI’s demand for customer’s data
SAN FRANCISCO — Google must comply with the FBI’s demand for data on certain customers as part of a national security investigation, according to a ruling by a federal judge who earlier this year d...
Jun 02, 2013 | 0 0 comments | 2 2 recommendations | email to a friend
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Board stands behind CEO buyout
The Dell board is standing behind a buyout offer from the company’s CEO and founder, and it has asked shareholders of the slumping PC maker to approve the deal in a July 18 vote. The company’s a...
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China’s entrepreneurs expand global presence
BEIJING — The force behind China’s biggest takeover of an American company is a 71-year-old meat-packing entrepreneur dubbed “China’s Chief Butcher” by the press who built an empire on his country’...
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Vatican bank chief hopes to restore its reputation
VATICAN CITY — The new head of the Vatican bank says his top priority is to clean up the bank’s reputation, saying the institution hasn’t served the pope well but provides valuable financial servic...
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Airport therapy has a cold nose, wagging tail
LOS ANGELES — There’s a new breed of airport dog. They aren’t looking for drugs or bombs — they are looking for people who need a buddy, a belly to rub or a paw to shake. “His job is to be touch...
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Estonia eager to teach world about oil shale
AUVERE, Estonia — Home to the creators of Skype and the first country to use online voting, Estonia relishes its image as a technological pioneer. But the tiny East European country’s most far-reac...
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Eurozone unemployment heading for 20 million
LONDON — The unemployment rate across the 17 European countries that use the euro hit a record 12.2 percent in April, and the number of unemployed is on track to reach 20 million by year’s end. ...
Jun 02, 2013 | 0 0 comments | 2 2 recommendations | email to a friend
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