Archive for January 16th, 2010
McCain voices support for Arizona mine (AP)
Posted by Bancherul.com in Finance News on January 16th, 2010
Arizona Sen. John McCain says a huge open pit mine project proposed for the eastern slope of the Santa Rita Mountains, south of Tucson, can be good for the economy and unemployed Arizonans.
Lobbyists to state lawmakers: Please, no cuts (AP)
Posted by Bancherul.com in Finance News on January 16th, 2010
Francie Broderick sat before a group of lawmakers at the Missouri Capitol and laid out the problem: Hundreds of mentally ill residents are being denied treatment, and many will end up in emergency rooms, costing the state millions of dollars in unpaid bills.
Negotiators shape final health care bill (AP)
Posted by Bancherul.com in Finance News on January 16th, 2010
C-SPAN cameras haven’t been allowed into the White House to record the final negotiations on health care overhaul, but details are starting to filter out. A look at what’s likely to be in the final package, and what’s likely out:
Chavez raises Venezuelan minimum wage 25 percent (AP)
Posted by Bancherul.com in Finance News on January 16th, 2010
President Hugo Chavez announced a 25-percent increase in Venezuela’s minimum wage Friday to try to blunt the effects of soaring inflation, and defended his handling of an energy crisis and other domestic problems.
Banks in Ill., Minn., Utah are shuttered (AP)
Posted by Bancherul.com in Finance News on January 16th, 2010
Regulators shut down banks in Illinois, Minnesota and Utah on Friday, bringing to four the number of bank failures so far in 2010, following 140 closures last year amid the weak economy and mounting loan defaults.
Wyoming gas, oil drilling permits decline (AP)
Posted by Bancherul.com in Finance News on January 16th, 2010
The U.S. Bureau of Land Management processed fewer oil and gas drilling permits in Wyoming last year than in any year since 2003, the agency’s Wyoming office reports.
Banks May Step Up IT Projects, A Key Driver For Tech Giants (Investor’s Business Daily)
Posted by Bancherul.com in Finance News on January 16th, 2010
Banks aren’t lending money the way they used to, but for high-tech companies there’s good news: Their spending on information technology shows…
Economy – Friday (Investor’s Business Daily)
Posted by Bancherul.com in Finance News on January 16th, 2010
Consumers cope with jobs woes
Recession Special: NASA cuts space shuttle price (AP)
Posted by Bancherul.com in Finance News on January 16th, 2010
Here’s a recession bargain: the space shuttle. NASA has slashed the price of these 1970s era spaceships from $42 million to $28.8 million apiece.
Concerns about loan losses boost Treasurys (AP)
Posted by Bancherul.com in Finance News on January 16th, 2010
Interest rates fell for a second day in the bond market as rising loan losses at JPMorgan Chase & Co. helped pull investors into Treasurys.
