Monthly Archives: July 2011

Switzerland, Germany to sign tax evasion deal: report (AFP)

Written on July 31, 2011 by Editor - Business News

ZURICH (AFP) – The Swiss and German governments are to sign an agreement early next month putting an end to a long-running dispute over tax evasion by Germans who keep secret Swiss bank accounts, a report said on Sunday. According … Continue reading →

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Britain, Japan warn of disaster if no US debt deal (Reuters)

Written on July 31, 2011 by Editor - Business News

LONDON/TOKYO (Reuters) – British and Japanese officials warned on Sunday of disastrous consequences for the global economy if last-minute talks among lawmakers in Washington failed to agree on raising the U.S. borrowing limit and averting a debt default. Governments across … Continue reading →

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Rating depends on economy, deficit cuts: Moody’s (Reuters)

Written on July 31, 2011 by Editor - Business News

NEW YORK (Reuters) – Moody’s Investors Service will decide whether to downgrade the United States’ Aaa rating based on the country’s economic performance in 2012 and prospects for future deficit reduction measures, analyst Steven Hess said on Friday. “If we’re … Continue reading →

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Amazon flies high, may rise 25 percent more: Barron’s (Reuters)

Written on July 31, 2011 by Editor - Business News

NEW YORK (Reuters) – Amazon.com Inc shares, just below their all-time high, could rise 10 percent to 25 percent if its capital spending translates to fast growth in its retailing, Kindle e-readers and cloud-computing businesses, Barron’s said in its August … Continue reading →

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In debt standoff, voters’ role also key

Written on July 31, 2011 by Editor - Finance Top Stories

The U.S. Capitol in Washington is illuminated as the debt-limit stalemate continues Saturday night, July 30, 2011. (AP Photo/J. Scott Applewhite) WASHINGTON (AP) — Dear voter: Want to know why Democrats and Republicans in Congress find it so hard to … Continue reading →

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White House: No debt deal yet with Republicans

Written on July 31, 2011 by Editor - Finance Top Stories

The White House is seen early Sunday, July 31, 2011, in Washington as the debt crisis continues. White House officials and congressional leadership will continue working Sunday to reach a potential end to their bitter debt limit showdown, raising hopes … Continue reading →

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States ponder: What happens when the money stops?

Written on July 31, 2011 by Editor - Finance Top Stories

In this photo taken Friday, July 29, 2011, Secretary of Finance for the Commonwealth of Massachusetts Jay Gonzalez, left, meets with chief of staff Brian Gosselin, center, and budget director Mike Esmond, right, at the Statehouse in Boston to asses … Continue reading →

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Congress closing in on a deal to avert US default

Written on July 31, 2011 by Editor - Finance Top Stories

Senate Minority Leader Mitch McConnell, R-Ky., is pursued by a reporter as he arrives at his office on Capitol Hill in Washington Sunday, July 31, 2011, after speaking about ongoing debt negotiations on Sunday talk shows. (AP Photo/Harry Hamburg) WASHINGTON … Continue reading →

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From jail to Jets, Burress finds a new NFL home (AP)

Written on July 31, 2011 by Editor - Sports News

NEW YORK – Plaxico Burress is back in the Big Apple — with the New York Jets. The former Super Bowl star with the Giants, recently released from prison after serving 20 months on a gun charge, reached an agreement … Continue reading →

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Hugh Hefner: "I Have Sex on a Weekly Basis" (omg!)

Written on July 31, 2011 by Editor - Entertainment News

Angela Weiss/Getty ImagesUs Magazine Hugh Hefner‘s not about to take an insult lying down! Just days after ex-fiancee Crystal Harris said sex with the Playboy mogul lasted “two seconds,” Hefner tweeted (and then deleted) that Harris, 25, “lied about our … Continue reading →

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