May 24, 2013
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Business News
Freddie Mac accuses big banks of rigging rates, causing losses
WASHINGTON — Freddie Mac has sued 15 big international banks, including JPMorgan Chase, Bank of America and Citigroup, accusing them of rigging a key interest rate and causing huge losses for the g...
Mar 21, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Associated Press Garlic and shallots vendors wait for customers Wednesday at a market in Jakarta, Indonesia. The price of beef, the main ingredient in bakso, has hit a record high while other essential ingredients -- garlic, shallots and chillies -- have also skyrocketed.
Indonesia beef prices soar amid drive
JAKARTA, Indonesia — Haji Hidayat makes his living selling one of Indonesia’s most popular dishes: a tasty meatball soup known as bakso. Earlier this week, after 22 years he decided to take a b...
Mar 21, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Associated Press A drilling rig is set up to tap gas in 2011 in Springville, Pa. Some of the nation's biggest energy companies and environmental groups announced Wednesday that they have agreed on a voluntary set of standards for gas and oil fracking in the Northeast.
Opposing sides agree on fracking standards
PITTSBURGH — Some of the nation’s biggest oil and gas companies have made peace with environmentalists, agreeing to a voluntary set of tough new standards for fracking in the Northeast that could l...
Mar 21, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Associated Press U.S. Treasury Secretary Jacob Lew (left) speaks with Chinese Premier Li Keqiang during their meeting Wednesday at the Zhongnanhai diplomatic compound in Beijing. Lew has stressed China's and America's shared interest in ensuring global economic growth in the meeting.
Envoy presses China over hacking
BEIJING — U.S. Treasury Secretary Jacob Lew pressed Chinese leaders over computer hacking and for help with North Korea during two days of talks that ended Wednesday. Lew’s visit to Beijing was ...
Mar 21, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Airlines raise profit outlook
GENEVA — The global airline industry has forecast a modest improvement in global net profits for 2013, crediting a backdrop of rising optimism about the world’s economy — particularly in the United...
Mar 21, 2013 | 0 0 comments | 2 2 recommendations | email to a friend
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Manager determines Detroit officials’ relevance
DETROIT — What role Detroit’s elected leaders will play in the city’s fiscal crisis is now up to a Washington, D.C., lawyer appointed by the governor to turn things around. Detroit’s emergency m...
Mar 17, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Ex-JPMorgan execs pressed about loss
WASHINGTON — Two former high-ranking executives at JPMorgan Chase faced tough questions from senators Friday about why the bank played down risks and hid losses from regulators when it was losing b...
Mar 17, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Associated Press The Carnival Dream is docked in 2010 in St. Thomas, U.S. Virgin Islands. Passengers continue to book vacations thanks to discounts, albeit at a slower pace even though Carnival, the world's largest cruise line, has suffered through a number of high-profile mishaps.
Carnival returns to profit; travelers fear more issues
MIAMI — The world’s largest cruise line has suffered through a number of high-profile mishaps. Yet passengers continue to book vacations thanks to discounts, albeit at a slower pace. Carnival Co...
Mar 17, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Jobs
From March 6 to Wednesday, the Office of Employment and Training added 17 job orders to its database for regional employers (Paducah unless noted otherwise): part-time dock worker, machine operator...
Mar 17, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Associated Press Students march under the snow Thursday while they protest against austerity measures in state schools in Pamplona, northern Spain.
Europe eases the austerity whip for a time
FRANKFURT, Germany — Three and a half years into its government-debt crisis, there are signs that Europe is adopting a gentler approach toward austerity. Political leaders aren’t backing away ag...
Mar 17, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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