Archive for February 21st, 2010
Governors brace for more economic turmoil (AP)
Posted by Bancherul.com in Finance News on February 21st, 2010
On the recession’s front lines, governors are struggling to chart the road ahead for states staggered by unrelenting joblessness and cut-to-the-bone budgets even as Washington reports signs of economic growth.
First lady to governors: ‘Let’s act’ on obesity (AP)
Posted by Bancherul.com in Finance News on February 21st, 2010
First lady Michelle Obama appealed to governors on Saturday for help in reducing child obesity and said they had a moral and financial imperative to act.
Up to 25 billion euros in aid mulled for Greece: report (Reuters)
Posted by Bancherul.com in Finance News on February 21st, 2010
Germany’s finance ministry has sketched out a plan in which countries using the euro currency will provide aid worth between 20 billion and 25 billion euros for Greece, a magazine reported on Saturday.
Getting back lost jobs could take 5-plus years (AP)
Posted by Bancherul.com in Finance News on February 21st, 2010
Job creation is stuck on an uphill treadmill. So many jobs have been lost that the U.S. must run hard just to keep from losing more ground. Despite the election-year emphasis on job creation by both parties, the short-term outlook is bleak.
Official: FBI probing Pa. school webcam spy case (AP)
Posted by Bancherul.com in Finance News on February 21st, 2010
A Pennsylvania school district accused of secretly switching on laptop computer webcams inside students’ homes is under investigation by federal authorities, a law enforcement official with knowledge of the case told The Associated Press.
Greece’s woes scared countries into action: Finland (Reuters)
Posted by Bancherul.com in Finance News on February 21st, 2010
Greece’s financial problems have scared other government into taking action to strengthen their finances, and any talk of a “chain reaction” affecting other countries should be avoided, Finland said on Saturday.
Cities vying to host next America’s Cup (AP)
Posted by Bancherul.com in Finance News on February 21st, 2010
The courtship of billionaire Larry Ellison began almost as soon as his space-age trimaran sailed to victory in the 33rd America’s Cup.
Crude oil settles higher Friday on French refiners strike (CNNMoney.com)
Posted by Bancherul.com in Finance News on February 21st, 2010
Oil prices rebounded Friday on supply concern following strikes at French refineries, and after a report showed a dip in U.S. inflation.
Banks in Calif., Ill., Fla., Texas are shut down (AP)
Posted by Bancherul.com in Finance News on February 21st, 2010
Regulators shut four banks from California to Florida on Friday, boosting to 20 the number of U.S. bank failures this year following the 140 closures last year in the worst financial climate in decades.
Facing budget crisis LA mayor to shutter agencies (AP)
Posted by Bancherul.com in Finance News on February 21st, 2010
Mayor Antonio Villaraigosa on Friday forecast a long season of painful budget cuts that will shutter city departments, force layoffs and potentially slash salaries for police, firefighters and other city workers.
