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Former GOP Senator Judd Gregg named CEO of lobbying group SIFMA
ReutersNEW YORK, May 20 (Reuters) - The Securities Industry and Financial Markets Association named former Republican Senator Judd Gregg as its chief executive officer, the lobbying group said Monday. The appointment of the veteran politician, who also was...Tags: Management Change, Republican Party, Corporate Officers, Financial Markets, Lobbying
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INTERVIEW-Nigeria says switching to foreign debt to lower costs
Reuters* Nigeria says to cut domestic debt over 3-5 years * Says foreign borrowing 800 bps cheaper than local debt * Targets Debt/GDP ratio of 17 pct by 2018 (Adds analyst comment, details) By Chijioke Ohuocha LAGOS, May 20 (Reuters) - Nigeria will increase...Tags: Economy, Business and Finance, Nigeria, Car Safety Tips and Advice, Economic Policy, Credit and Debt
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Wielding Harrisburg example, U.S. SEC cajoles cities nationwide
Reuters* U.S. regulator underlines rules for disclosure to bondholders * SEC warns municipalities not to gloss over financial health * Pennsylvania capital Harrisburg has mountain of debt to clear WASHINGTON, May 20 (Reuters) - At first glance, a federal...Tags: Florida Gators, U.S. Congress, Economy, Business and Finance, Primaries, Local Government
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RPT-INSIGHT-The road to a greener America is littered with road-kill
ReutersBy Nichola Groom LOS ANGELES, May 20 (Reuters) - In October 2004, then California Governor Arnold Schwarzenegger rolled up to a pioneering fueling station at Los Angeles International Airport in a hydrogen-powered metallic blue Hummer loaned to him by...Tags: Fuel-efficient Vehicles, Petroleum Industry, Lufkin Industries Incorporated, General Motors Corp., BMW
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URS seeks financial donors in community
Standard-Speaker, Hazleton, Pa.United Rehabilitation Services in Hazleton has had to cut two programs and furlough 6 longtime workers within the last year due to state budget cuts and the sagging economy. URS officials aren't sure what the future holds, but in order to keep...Tags: Layoffs and Downsizing, Business, Economy, Business and Finance, Government Debt, Restaurant and Catering Industry
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Missing Boca attorney had ties with companies facing FTC lawsuit
Missing Boca Raton attorney Timothy McCabe once had ties to what federal authorities have described as a web of South Florida businesses that financially preyed on people desperate to avoid foreclosure, the Sun Sentinel has found. McCabe got some of his...
Tags: Boynton Beach, Laws, Financial and Business Services, Economy, Business and Finance, Prosecution
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Supreme Court agrees to hear Fidelity whistleblower case
ReutersWASHINGTON (Reuters) - In a case involving whistleblowers at Fidelity Investments, the U.S. Supreme Court on Monday agreed to consider whether mutual fund employees are subject to the same whistleblower protections as workers at publicly traded companies....Tags: Personal Finance, Labor Disputes, Career and Workplace, Economy, Business and Finance, U.S. Supreme Court
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Too many defaults on modified mortgages
Considering the hoops that too many borrowers have to go through to obtain mortgage modifications, the news from the Treasury Department wasn't encouraging. In an April 24 report to Congress, the Office of the Special Inspector General for the...
Tags: Real Estate, Services and Shopping, PNC Financial Services Group Incorporated, Financial and Business Services, Economy, Business and Finance
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Websense to go private after years of slow growth
Reuters(Reuters) - Websense Inc said it had agreed to be taken private by Vista Equity Partners in a deal that values the online security firm at about $907 million, a move that should come as a relief to investors after years of weak sales from its legacy...Tags: Websense Incorporated, Economy, Business and Finance, Private Equity, JPMorgan Chase & Co., Credit Ratings
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Contrarian hedge fund manager Kass thinks stocks ripe for fall
Hedge fund manager Douglas Kass has always been a contrarian, whether it's predicting a "bear" market when the Dow and the S&P 500 both topped new record highs earlier in the week or deciding to put down roots in Palm Beach County, far from most other...Tags: Warren Buffett, Commodity Markets, Petroleum Industry, Economy, Business and Finance, Personal Investing
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Sheriff Israel asks for $93.7 million more, 14% increase
UPDATED with information from BSO The first details of the new Broward County sheriff's budget have emerged: He's asking for a $93.7 million increase in spending, or 14 percent more than was approved last year. To put the number into context, it's...Tags: Economy, Business and Finance, Israel, Budgets and Budgeting, Interior Policy, Al Lamberti
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REUTERS SUMMIT-Mexico will see bank reform impact in 2-3 years: Banorte's Ortiz
Reuters(For other news from Reuters Latin America Investment Summit, click on http://www.reuters.com/summit/LatinAmerica13) By Tomas Sarmiento and Krista Hughes MEXICO CITY, May 20 (Reuters) - Mexico's banking reform will take two or three years to have an...Tags: Mexico, Economic Indicator, Economy, Business and Finance, Citigroup Incorporated, Brazil
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