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Housing market needs private capital
Illinois is experiencing a fragile housing recovery, as growing optimism among potential homebuyers has led to a 20 percent growth in purchases this year. But while we’re on our way toward recovery, some disturbing trends highlight the need for...Tags: Economy, Business and Finance, Freddie Mac, Consumers, Real Estate, Finance
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Men from Springfield, Kirbyville face more charges in designer drug case
SPRINGFIELD, Mo. -- A man from Springfield and two men from Kirbyville are indicted by a federal grand jury for their roles in a conspiracy to distribute synthetic marijuana, commonly referred to as K2. Travis Butchee, also known as “Donkey,&...
Tags: Sales, Food and Drug Administration, China, Lebanon, Justice System
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Yankee Candle calls off $1.4bn fundraising
ReutersBy Joy Ferguson NEW YORK, June 13 (IFR) - Yankee Candle called off plans Thursday to raise $1.4 billion in fresh capital, withdrawing a bond issue and term loan amid tough and volatile conditions in the US financing markets. The Massachusetts-based...Tags: Credit Ratings, Warren Resources Incorporated, Bank of America Corp., Loans, Economic Stimulus Plan
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Strategic Hotels hires bank for possible sale
Strategic Hotels and Resorts, the owner of the Intercontinental on Michigan Avenue and Fairmont in Millennium Park, has hired an investment bank to explore selling the company, sources said this week. Analysts had speculated about the possible sale of...
Tags: Investments, Business Enterprises, Chicago Hotels, Millennium Park, Investment Service
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Three men are indicted for K2 sales network in Ozarks
SPRINGFIELD, Mo. -- A federal grand jury indicted three men for their roles in a conspiracy to distribute synthetic marijuana in the Ozarks. THE SUSPECTS: Travis E. Butchee, also known as “Donkey,” 37, Springfield Michael J. Saguto, 42,...
Tags: Food and Drug Administration, China, Laws, Lebanon, Crime, Law and Justice
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Spanish airports giant firms up privatisation plan
ReutersBy Elisabeth O'Leary and Robert Hetz MADRID, June 13 (Reuters) - Spain's AENA airports authority, the world's largest, aims to raise around 6 billion euros in a partial privatisation before the end of the year, sources familiar with the situation said on...Tags: Madrid (Spain), Travel, Politics, Company Privatization, Barcelona (Spain)
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Treasurer of Whitehall youth soccer club charged with taking $100,000
The treasurer for a Whitehall youth soccer club was charged Thursday with stealing more than $100,000 from the club, authorities said. The treasurer of a youth soccer club in Whitehall Township has been charged with stealing more than $100,000 from...Tags: Sports, Prosecution, Soccer
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RBS faces struggle to find CEO amid political meddling
ReutersLONDON (Reuters) - Royal Bank of Scotland will struggle to recruit a suitable replacement for ousted chief executive Stephen Hester, someone who must steer it through privatization and accept that political interference comes with the job. Hester's...Tags: Politics, Abbey National Plc, Business Enterprises, National Government, Company Privatization
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EXCLUSIVE-Goldman offers top clients automated block trading
ReutersBy Lauren Tara LaCapra NEW YORK, June 13 (Reuters) - Goldman Sachs Group Inc has quietly offered some top clients a tool that allows them to plug into its trading system and buy or sell large blocks of stock electronically. The technology is part of...Tags: NYSE Euronext, Inc., Barclays PLC, Bank of America Corp., Citigroup Incorporated, Marketing
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FACTBOX-Favourites and long-shots to be new RBS CEO
ReutersLONDON, June 13 (Reuters) - Nathan Bostock, Royal Bank of Scotland's head of restructuring, is the early favourite to replace Stephen Hester as chief executive of the state-controlled bank, according to bookmakers. The search is being led by Chairman...Tags: Politics, Abbey National Plc, PricewaterhouseCoopers, JPMorgan Chase & Co., Bank of New York Company
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Factbox: Favourites and long-shots to be new RBS CEO
ReutersLONDON (Reuters) - Nathan Bostock, Royal Bank of Scotland's head of restructuring, is the early favorite to replace Stephen Hester as chief executive of the state-controlled bank, according to bookmakers. The search is being led by Chairman Philip...Tags: Politics, Abbey National Plc, PricewaterhouseCoopers, JPMorgan Chase & Co., Bank of New York Company
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Sour tone faces US bond markets after Japan rout
ReutersBy John Balassi June 13 (IFR) - Equity futures look bleak this Thursday morning following another rough outing for Japan's Nikkei index, which plunged over 6% overnight and is down around 20% in just three weeks. Recent bursts of volatility - and a lack...Tags: Bobsleigh, Credit Ratings, Stock Market, Sports, European Central Bank
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|Story| Chicago Tribune
Jun 13, 2013
|Story| KY3-TV
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|Story| Allentown Morning Call
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