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    May 23, 2013 |Story| Reuters
  1. ANALYSIS-Markets face rough summer ride as Fed pullback feared

    Reuters
    By Rodrigo Campos NEW YORK, May 23 (Reuters) - For the past few months, the U.S. Federal Reserve has been squarely in the financial markets' corner, thanks to its massive dollops of monetary stimulus. But signs that the central bank is discussing...

    Tags: Bonds, JPMorgan Chase & Co., Dwayne Johnson, Central Bank, Stock Market

  2. May 23, 2013 |Story| Reuters
  3. Ally settlement may be a boon for ResCap bondholders

    Reuters
    * Paulson, hedge funds will likely make profit on settlement * MBIA, FGIC to recoup about $1 billion * Ally to contribute $2.1 billion to ResCap creditors By Nick Brown NEW YORK, May 23 (Reuters) - While bond insurers MBIA Inc and FGIC Corp receive...

    Tags: Derivative Securities, Mutual Funds, Securities, Bankruptcy, Insurance

  4. May 23, 2013 |Story| Reuters
  5. U.S. Commerce nominee poised for swift Senate approval

    Reuters
    WASHINGTON (Reuters) - Chicago billionaire Penny Pritzker on Thursday appeared on her way to becoming U.S. commerce secretary, after a top Republican lawmaker said she had answered most of his questions about her role in the failure of an Illinois bank...

    Tags: Employees, Politics, Hotel and Accommodation Industry, Jack Lew, Memorial Day

  6. May 23, 2013 |Story| Coastline Pilot
  7. Council gives initial OK to two-year budget

    The City Council gave a passing grade Tuesday to the proposed budget for the next two fiscal years. Tweaks discussed by the council were passed on to City Manager John Pietig for incorporation into the final version of the 2013-14/2014-15 budget,...

    Tags: Budgets and Budgeting, Local Government, Economy, Business and Finance

  8. May 23, 2013 |Story| Reuters
  9. Dish adds Scotiabank to finance Sprint deal -sources

    Reuters
    By Nicola Leske May 23 (Reuters) - Dish Network Corp has added Canada's Scotiabank to the four banks it had already lined up to finance its $25.5 billion bid for Sprint Nextel Corp, according to two people familiar with the matter. Reuters reported on...

    Tags: Sprint Nextel Corporation, Barclays PLC, Royal Bank of Canada, Economy, Business and Finance, Japan

  10. May 23, 2013 |Story| Orlando Sentinel
  11. After veto, Florida coast-to-coast bike trail boosters look for other sources of money

    A paved bike trail stretching from coast to coast across the center of Florida can still get built despite Gov. Rick Scott's veto of $50 million for the project, state Sen. Andy Gardiner said Thursday.
    A paved bike trail stretching from coast to coast across the center of Florida can still get built despite Gov. Rick Scott's veto of $50 million for the project, state Sen. Andy Gardiner said Thursday. "We're committed to getting this done," said...

    Tags: Executive Branch, Politics, Government, Economy, Business and Finance, Rick Scott

  12. May 23, 2013 |Story| Reuters
  13. Proxy advisory firm settles SEC charges over data breach

    Reuters
    WASHINGTON (Reuters) - Institutional Shareholder Services has settled civil charges by U.S. regulators that an employee of the prominent proxy advisory firm shared nonpublic voting data in exchange for meals and concert tickets. The Securities and...

    Tags: Employees, JPMorgan Chase & Co., Politics, CEO Pay, Voting

  14. May 23, 2013 |Story| Reuters
  15. Former Goldman banker settles SEC 'pay-to-play' charges

    Reuters
    WASHINGTON/CHICAGO (Reuters) - A former Goldman Sachs Group Inc. investment banker has agreed to a five-year securities industry ban and a record fine to settle Securities and Exchange Commission charges that he broke rules against influence peddling to...

    Tags: Politics, Bonds, Boston, Interior Policy, South Miami

  16. May 23, 2013 |Story| Reuters
  17. Goldman unveils checks on conflicts in bid to fix image

    Reuters
    SALT LAKE City (Reuters) - After dozens of meetings with executives and regulators, 100,000 hours of employee training and an immeasurable amount of public grief, Goldman Sachs Group Inc's Lloyd Blankfein claimed success in putting the bank and his legacy...

    Tags: Marketing, Politics, Interior Policy, Securities, Corporate Officers

  18. May 23, 2013 |Story| Los Angeles Times
  19. Villaraigosa, Garcetti pledge smooth transition in mayor's office

    Los Angeles Mayor Antonio Villaraigosa began the formal transition of power to his successor on Thursday, hosting Mayor-elect Eric Garcetti for breakfast at Getty House where he told reporters that the city councilman had his "full support."
    Los Angeles Mayor Antonio Villaraigosa began the formal transition of power to his successor on Thursday, hosting Mayor-elect Eric Garcetti for breakfast at Getty House where he told reporters that the city councilman had his "full support." Garcetti,...

    Tags: Antonio Villaraigosa, Wendy Greuel, Eric Garcetti, Local Government, Local Elections

  20. May 23, 2013 |Story| Reuters
  21. Sears losses mount, weighs sale of unit to shore up liquidity

    Reuters
    (Reuters) - U.S. retailer Sears Holdings cast bigger doubts on the progress of its turnaround after reporting a bigger-than-expected quarterly loss, hurt by cooler spring weather. Shares of the company, which also said it was considering selling its...

    Tags: Weather Reports, Target, Mutual Funds, Quarterly or Semiannual Financial Statements, Economy, Business and Finance

  22. May 23, 2013 |Story| Los Angeles Times
  23. Elections deal a blow to L.A. unions

    Some of the most powerful labor organizations in Los Angeles placed huge bets on mayoral candidate Wendy Greuel that went bust. All their spending and prodigious organization failed to ignite Greuel's campaign and allowed her opponent, Eric Garcetti, to turn the deep pockets against them, persuading many voters that they were trying to buy the election.
    Some of the most powerful labor organizations in Los Angeles placed huge bets on mayoral candidate Wendy Greuel that went bust. All their spending and prodigious organization failed to ignite Greuel's campaign and allowed her opponent, Eric Garcetti, to...

    Tags: Politics, Los Angeles Hotels, Hotel and Accommodation Industry, Local Elections, Voting

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