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Talking Business Ire at Madoff Swings Toward the Referee - New York Times

Talking Business Ire at Madoff Swings Toward the Referee
New York Times
The victims of Bernard L. Madoff, who was sentenced to 150 years in prison on Monday for his heinous financial crimes, deserve our sympathies. Given where this column is headed, I should probably make that point right up front. ...
Marshals Arrive, Ruth Madoff Leaves as Manhattan Home Is SeizedBloomberg
Evidence to Charge Ruth Madoff LackingWall Street Journal
Bernie Madoff SentencedâOther Big Fish Swimming AwayThe Epoch Times
guardian.co.uk -FOXBusiness -The Associated Press
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For Banks, Wads of Cash and Loads of Trouble
New York Times
A BOOM'S LEFTOVERS Once flush with cash, Security Bank in Macon, Ga., built a sprawling new headquarters and financed an upscale new neighborhood called the Highlands. As the bank struggles to survive, the office is empty and in need of a tenant, ...
Elizabeth bank failsFreeport Journal-Standard
Seven US Banks Seized in Busiest Year for Closures Since 1992Bloomberg
US regulators close seven banksReuters
TheStreet.com -Clinton Daily Journal -Wall Street Journal
all 338 news articles »

Airline BA to cut capacity, delay new planes
The Associated Press
LONDON (AP) â British Airways PLC announced Friday it will ground aircraft, slash seat numbers and postpone taking delivery of a dozen new Airbus A380 superjumbos as it faces a recession-driven decline in passengers. The airline said it carried 2.93 ...
British Airways Extends Capacity Cuts, Delays PlanesBloomberg
BA Cuts Capacity, Delays Aircraft; Cuts CapExWall Street Journal
BA slashes spending as passengers fall againReuters
Forbes -MarketWatch -AFP
all 184 news articles »

Job Losses Dampen Hopes for Recovery
Washington Post
Mounting job losses rattled hopes yesterday that the economy is on track to grow later this year, showing that prospects for American workers are terrible -- and still getting worse. Employers reduced their payrolls by 467000 jobs in June ...
US jobless rate hits 26-year high of 9.5 percentMiamiHerald.com
With High Unemployment Comes High Hiring RatesNY1
Unemployment rises to 9.5% in USThe Money Times
CQPolitics.com -New York Times -Sidney Sun Telegraph
all 1,275 news articles »

Medici lawyer says Kohn didn't get Madoff payments
Reuters
NEW YORK/VIENNA (Reuters) - Austrian fund manager Sonja Kohn did not receive any kickbacks from Bernard Madoff to steer Bank Medici customer funds to the swindler's investment business, a Medici lawyer said on ...
Madoff Kickbacks Alleged in AustriaWall Street Journal
Madoff kickbacks alleged in Austria: WSJMarketWatch
Madoff Paid Kickbacks tomyfoxny.com
This is London -Bloomberg -Business Times (subscription)
all 52 news articles »

US Probes Google's $125 Million Book-Scanning Settlement
Bloomberg
July 3 (Bloomberg) -- Google Inc.'s $125 million agreement to settle copyright issues with book publishers is being investigated by US antitrust regulators. The issues raised by the settlement, which compensates copyright holders and ...
Justice Looking Into Google E-Books DealWashington Post
US Inquiry Is Confirmed Into Google Books DealNew York Times
DOJ confirms antitrust review of Google book dealMarketWatch
Los Angeles Times -Bizjournals.com -Tom's Guide
all 73 news articles »

Houston to get holiday break on gasoline prices
Bizjournals.com
Average retail gasoline prices in the Houston area fell 5 cents this week to $2.44 a gallon heading into the Fourth of July weekend, according to AAA Texas. Galveston residents are looking at a 4 cent decrease to $2.47 a gallon. ...
Gas prices fall 10 cents in KingsportKingsport Times News
Traveling for the HolidaysKFYR-TV
AAA: Drivers paying 35% less for gas today than last yearABC15.com (KNXV-TV)
13WHAM-TV -Bloomberg -Othello Outlook
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Mortgage rates fall slightly
Bizjournals.com
Rising mortgage rates reversed course this week, with long-term rates falling slightly. Freddie Mac's weekly report says 30-year fixed-rate mortgages averaged 5.32 percent this week, down from last week's average of 5.42 percent. ...
Tilson Talks Mortgage DefaultForbes
US Mortgage Rates Drop to 5.32%, Freddie Mac SaysBloomberg
US mortgage rates fall in Freddie Mac surveyReuters
New York Daily News -Wall Street Journal -TopNews United States
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State Distributes IOUs For Money It Owes
Washington Post
Deep in debt and short on cash, California on Thursday started churning out its first batch of IOUs in nearly two decades amid grumbles from bankers, growing public outrage and scant progress in negotiations to solve the state's widening budget deficit ...
IOUs spell uncertainty for Calif. small businessesThe Associated Press
Bank of America sets cutoff for redeeming California IOUsLos Angeles Times
Get ready for the IOU market: Agnes T. Craneguardian.co.uk
Bizjournals.com -MarketWatch -TopNews United States
all 273 news articles »

Teck Sells 17% Stake to China Fund for C$1.74 Billion
Bloomberg
July 3 (Bloomberg) -- Teck Resources Ltd., Canada's largest diversified mining company, sold a 17 percent stake to China's $200 billion sovereign wealth fund for C$1.74 billion ($1.5 billion) to reduce debt. ...
Teck Resources Sells 17% Stake to CICWall Street Journal
China takes minority stake in Canadian minerMarketWatch
China's CIC says to hold Teck for at least 1 yearReuters
The Associated Press -Globe and Mail -Canada.com
all 245 news articles »