Financial News Stories

Staff at The Sun tabloid arrested in bribe inquiry

Written on February 11, 2012 by Editor - Finance Top Stories

LONDON (AP) — Britain’s biggest-selling tabloid newspaper was fighting to contain the damage after five of its employees were arrested Saturday in an inquiry into the alleged payment of bribes to police and other officials, detectives and the newspaper’s parent … Continue reading →

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7 Ways the U.S. Government Wastes Money

Written on February 11, 2012 by Editor - Finance Top Stories

You don’t have to look very far to find the U.S. government wasting money. It’s everywhere. It’s where you think it is and in places where you’d never even think of looking. The government’s wasteful spending habits go way beyond … Continue reading →

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JC Penney CEO: America Believes in Ellen Degeneres

Written on February 11, 2012 by Editor - Finance Top Stories

The new marketing campaign hasn’t even launched yet, but just about every American knows Ellen DeGeneres is JC Penney’s new spokesperson. A group called One Million Moms organized a Facebook campaign protest this week in response to JC Penney’s decision … Continue reading →

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Big Is Back: Mega-Mansions of the Super Wealthy

Written on February 11, 2012 by Editor - Finance Top Stories

The latest project of Hyatt hotel heir Anthony Pritzker is a 49,300-square-foot building designed by an architecture firm in Paris. It involves a small army of specialized consultants and boasts amenities like a bowling alley, hairdressing area and gym. The … Continue reading →

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A look at economic developments around the globe (AP)

Written on February 11, 2012 by Editor - Stock Markets News

A look at economic developments and activity in major stock markets around the world Friday: ___ ATHENS, Greece — Greece’s future in the eurozone faced more uncertainty as protests again turned violent and dissent grew among its lawmakers after European … Continue reading →

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Summary Box: Stocks fall as Greek deal is held up (AP)

Written on February 11, 2012 by Editor - Stock Markets News

BAILOUT BLUES: U.S. stocks took their biggest slide so far this year on news that European countries that share the euro with Greece want it to make deeper spending cuts in exchange for bailout money. Stocks had risen just a … Continue reading →

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Socialist leader urges vote for austerity measures

Written on February 11, 2012 by Editor - Finance Top Stories

ATHENS, Greece (AP) — Lawmakers from two parties backing Greece’s coalition government are meeting to consider support for legislation containing new austerity measures in the wake of six resignations from the cabinet and the withdrawal of a small right-wing party … Continue reading →

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7 Ways the U.S. Government Wastes Money

Written on February 11, 2012 by Editor - Finance Top Stories

You don’t have to look very far to find the U.S. government wasting money. It’s everywhere. It’s where you think it is and in places where you’d never even think of looking. The government’s wasteful spending habits go way beyond … Continue reading →

Filed under Financial | Tagged , , , , , |

Big Is Back: Mega-Mansions of the Super Wealthy

Written on February 11, 2012 by Editor - Finance Top Stories

The latest project of Hyatt hotel heir Anthony Pritzker is a 49,300-square-foot building designed by an architecture firm in Paris. It involves a small army of specialized consultants and boasts amenities like a bowling alley, hairdressing area and gym. The … Continue reading →

Filed under Financial | Tagged , , , , , |

As Facebook IPO nears, the case for dull stocks (AP)

Written on February 11, 2012 by Editor - Stock Markets News

NEW YORK – Investors thinking of buying a piece of Facebook after it goes public are hoping it will perform like Google, whose stock has risen 500 percent since its debut seven and a half years ago. But they may … Continue reading →

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