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Finance

A collection of news and information related to Finance published by this site and its partners.

Top Finance Articles

Displaying items 45-55
  • Full text of McAuliffe's SWaM executive order

    Gov. Terry McAuliffe's Executive Order 20, meant to send more contracts toward small, minority-owned and women-owned businesses, is a good deal longer and more detailed than the high points I've tried to cover here. It's pasted below. If you've got some...
  • Banks trade barbs with U.S. Senate panel in tax avoidance probe

    WASHINGTON (Reuters) - Deutsche Bank and Barclays on Tuesday locked horns with a U.S. Senate committee that has accused them of selling option products to hedge funds to help them avoid taxes. Renaissance Technologies, a hedge fund, defended the so-...
  • Lender CIT to buy OneWest Bank, formerly IndyMac, for $3.4 billion

    Lender CIT to buy OneWest Bank, formerly IndyMac, for $3.4 billion
    OneWest Bank in Pasadena, born from the ashes of failed high-risk home lender IndyMac Bank, has agreed to be acquired by commercial lender CIT Group for $3.4 billion, a hugely profitable deal for the hedge-fund and private-equity investors that have owned...
  • The Ups And Downs Of State Surplus Estimates

    HARTFORD — Keeping track of official estimates of Connecticut's state surplus over the past few months has been a little like attempting to describe the flight of a bumblebee: It's down, it's up, down, and there it goes, up again. All those swerves...
  • Argentine default in balance as government refuses to capitulate

    BUENOS AIRES (Reuters) - Argentine President Cristina Fernandez's unflinching poker face in the battle against "holdout" investors suing the country is increasing the odds that her government will default for a second time in 12 years at the end of this...
  • APM terminal sale may benefit state

    APM terminal sale may benefit state
    NORFOLK – The state's $1.16 billion deal with a private firm that officials blame for driving the Virginia Port Authority deeply into the red could be restructured now that the company has agreed to sell its cargo terminal, Secretary of...
  • Malloy Swings Back At Christie's Pledge To Stump For Foley

    Malloy Swings Back At Christie's Pledge To Stump For Foley
    WATERFORD — After New Jersey Gov. Chris Christie said Monday that he plans to campaign against Gov. Dannel P. Malloy's re-election bid, Malloy swung back at his Tri-State area foe on Tuesday morning. "I don't mind comparing Connecticut on a...
  • Will you get burned by following the hot money in ETFs?

    CHICAGO (Reuters) - All too often, I see investors heading in the wrong direction en masse. They buy stocks at the top of the market or bonds when interest rates are heading up. Occasionally, though, active investors may be heading in the right...
  • Higher Bond Rating Called Great News For Plainville

    PLAINVILLE — The recent upgrade in the town's bond rating, its equivalent of a person's credit score, gives Plainville a ranking just below wealthy Greenwich, New Canaan and other towns considered the most fiscally sound in the state, the town's...
  • Congressmen Paul Ryan, Charlie Dent raise money in Allentown for House Republicans

    Paul Ryan, a potential 2016 presidential candidate, and Lehigh Valley Congressman Charlie Dent appeared Tuesday in Allentown to raise money for fellow U.S. House Republicans. Dent, R-15th District, hosted the National Republican Congressional Committee...
  • South Korea second-quarter GDP seen slowing as government works on stimulus

    SEOUL (Reuters) - South Korea's economy likely posted its weakest growth in more than a year in the June quarter, with a deadly ferry accident hitting consumption and offsetting a modest recovery in exports. The trade-reliant economy had earlier this...