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Headline News: Financial

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Feds Propose Child Care Center Safety Steps, Employee Background Checks

Written on May 20, 2013 by Editor - Finance Top Stories

Federal health officials say they will propose to overhaul federally funded child care centers across the country, beefing up safety standards including background and fingerprint checks for employees and requiring states to better monitor the facilities. Roughly 1.6 million U.S. … Continue reading →

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Court Nixes Mississippi Property Owners’ Greenhouse Gases Damages Suit

Written on May 20, 2013 by Editor - Finance Top Stories

A federal appeals panel has upheld the dismissal of a lawsuit filed by a group of Mississippi Gulf Coast residents and landowners who alleged that emissions by energy companies contributed to global warming, which intensified Hurricane Katrina, which, in turn, … Continue reading →

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SAC Capital’s Cohen gets subpoena to testify: NY Times

Written on May 19, 2013 by Editor - Finance Top Stories

Chesapeake Energy hires Anadarko executive as CEO: WSJReuters Chesapeake Energy Corp has hired Robert Douglas Lawler of rival Anadarko Petroleum Corp as chief executive, filling … Article source: Article Source

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Elan strikes more deals, agrees second share buyback

Written on May 19, 2013 by Editor - Finance Top Stories

By Padraic Halpin DUBLIN (Reuters) – Irish drug firm Elan agreed on Monday to buy two private drug firms, spin-off its one experimental drug and buy back more shares to give a firmer idea of how the company will be … Continue reading →

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Analysis: At margins of shale oil boom, a tempered euphoria

Written on May 19, 2013 by Editor - Finance Top Stories

By Kristen Hays and Jonathan Leff HOUSTON/NEW YORK (Reuters) – For the past three years, the boom in the U.S. shale oil industry has outstripped all expectations. Production surged far faster than any forecasts; drillers raced to secure space in … Continue reading →

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Yahoo’s board approves $1.1 billion Tumblr acquisition: WSJ

Written on May 19, 2013 by Editor - Finance Top Stories

Chesapeake Energy hires Anadarko executive as CEO: WSJReuters Chesapeake Energy Corp has hired Robert Douglas Lawler of rival Anadarko Petroleum Corp as chief executive, filling … Article source: Article Source

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Parents Sue South Carolina Over Child’s Sex Surgery

Written on May 19, 2013 by Editor - Finance Top Stories

A couple filed a lawsuit Tuesday against the state of South Carolina for what they say was an unnecessary sexual assignment surgery performed on a toddler they later adopted. Lawyers for Pam and Mark Crawford said they were suing the … Continue reading →

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Bankia compensation qualms signal loss of faith in Spain’s banks

Written on May 19, 2013 by Editor - Finance Top Stories

By Sonya Dowsett MADRID (Reuters) – Many duped savers at Spanish lender Bankia (BKIA.MC) are shunning a state-supervised compensation scheme in favor of expensive lawsuits, prolonging a mis-selling scandal and complicating efforts to restore faith in the banking system. The … Continue reading →

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Job market gains could lead Fed to taper QE3 early

Written on May 19, 2013 by Editor - Finance Top Stories

By Ann Saphir and Jonathan Spicer (Reuters) – The beginning of the end of the Federal Reserve’s massive bond-buying program might come sooner than many investors think if recent gains in the U.S. labor market do not prove fleeting. Much … Continue reading →

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North Carolina Bill Targets Drivers Who Pass School Buses

Written on May 19, 2013 by Editor - Finance Top Stories

North Carolina lawmakers want to increase the consequences for drivers who fail to stop for school buses picking up or dropping off students. The bill approved unanimously by the House would require those convicted of the misdemeanor charge to receive … Continue reading →

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