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Category Archives: Business News

Before scandal, Stanford left Texas for world of wealth - Houston Chronicle

February 22, 2009 – 12:39 am

guardian.co.uk

Before scandal, Stanford left Texas for world of wealth
Houston Chronicle
By MIKE TOLSON and DANE SCHILLER Lefteris Pitarakis AP Federal regulators are curious about the way R. Allen Stanford’s reach so seldom exceeded his grasp.
Stanford projects in limbo on island of St. Croix Reuters
Billionaire Stanford's troubles cause a tropical headache on Antigua The Miami Herald
New York Times - Bloomberg - Washington Post - InvestmentNews
all 7,312 news articles

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Madoff's Investors Face Dim Prospects in Court - Washington Post

February 21, 2009 – 11:48 pm

CBS News

Madoff's Investors Face Dim Prospects in Court
Washington Post
Securities laws can't help angry investors who lost money with Bernard Madoff, right. (By Daniel Acker -- Bloomberg News) Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site.
New Evidence Emerges in Madoff Case FOXBusiness
To Catch a Mini-Madoff Newsweek
Forbes - Minneapolis Star Tribune - The Associated Press - Bloomberg
all 704 news articles

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Gas tax, Pike hike add fuel to fire - Boston Herald

February 21, 2009 – 11:03 pm

Boston Globe

Gas tax, Pike hike add fuel to fire
Boston Herald
By Howie Carr I know, the highest state gas tax in America will merely cost the “average” motorist “one large cup of coffee a week.
Motorists cringe at gas tax plans Boston Globe
New Pain at Pump: Gas Tax Hikes ABC News
The Union Leader - BusinessWeek - New York Times - MetroWest Daily News
all 244 news articles

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Nationalization Fears Dominate BofA, Citi - FOXBusiness

February 21, 2009 – 10:11 pm

Reuters

Nationalization Fears Dominate BofA, Citi
FOXBusiness
Fears the government will need to nationalize the most troubled US banks dominated the financial sector on Friday, briefly sending Bank of America (BAC) to levels unseen since 1984 and Citigroup (C) below 18-year lows.
Growing Worry on Rescue Takes a Toll on Banks New York Times
Experts push to nationalize US banks Detroit Free Press
Washington Post - Reuters - Forbes - Bizjournals.com
all 1,076 news articles

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New Evidence Emerges in Madoff Case - FOXBusiness

February 21, 2009 – 10:11 pm

Los Angeles Times

New Evidence Emerges in Madoff Case
FOXBusiness
Bernard L. Madoff’s records show the accused Ponzi scheme mastermind conducted not a single transaction for investors for at least 13 years prior to his arrest in December.
No evidence Madoff bought securities, trustee says Reuters
Did Madoff Have Help? Forbes
The Associated Press - Financial Times - Bloomberg - WA today
all 682 news articles

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Net Income Sliced in Half for JC Penney, Lowe's - FOXBusiness

February 21, 2009 – 10:10 pm

The Associated Press

Net Income Sliced in Half for JC Penney, Lowe's
FOXBusiness
JC Penney and Lowe’s made headlines on Friday with dismal fourth-quarter earnings results and bleak forecasts that underscored just how much the nation’s retail sector is feeling the blow of the economic downturn.
JC Penney 4Q Net Falls; Woos News Customers, Pares Inventories CNNMoney.com
JC Penney Profit Slumps Washington Post
Bloomberg - New York Times - Reuters - MarketWatch
all 285 news articles

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How to Qualify for Jobless Benefits and Start Collecting - Washington Post

February 21, 2009 – 10:06 pm

The Southern Ledger

How to Qualify for Jobless Benefits and Start Collecting
Washington Post
By Kimberly Lankford QI was laid off from my job and am wondering whether I can receive unemployment benefits. How do I sign up for them?
Video: 627K New Jobless Claims; Ongoing Claims Near 5M AssociatedPress

Indiana boosts unemployment benefits Business First of Louisville Bizjournals.com
The Associated Press - MarketWatch - CNNMoney.com - Reuters
all 1,458 news articles

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U.S. bank stress tests to show capital needs: source (Reuters)

February 21, 2009 – 6:51 pm

Reuters - Financial regulators will soon launch a series of "stress tests" to determine which of the largest U.S. banks should get bigger capital cushions in case of a deeper recession, a person familiar with Obama administration plans said on Saturday.