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Quinn: No new casinos without pension reform
Gov. Pat Quinn on Monday put a finer point on a notion he's been pushing this spring: No gambling expansion will happen without comprehensive changes to fix a greatly underfunded government worker pension system. The Democratic governor also insisted...
Tags: Michael Madigan, Finance, Executive Branch, Interior Policy, Politics
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Quinn: pension reform before gambling expansion
Clout StreetGov. Pat Quinn on Monday put a finer point on a notion he's been pushing this spring: no gambling expansion will happen without comprehensive changes to fix a greatly underfunded government worker pension system. The Democratic governor also insisted...Tags: Michael Madigan, Finance, Executive Branch, Interior Policy, Politics
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McPier: DePaul events to bring in one-third of operating income at new arena
DePaul University's use of a proposed $173 million McCormick Place arena for Blue Demons basketball and other events would generate about one-third of the nearly $3.6 million in event-related proceeds expected in the first year, convention officials...
Tags: Basketball, Dan Hynes, College Basketball, Finance, McCormick Place
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PRESS DIGEST-New York Times business news - May 21
ReutersMay 21 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. * Yahoo's $1.1 billion proposed acquisition of Tumblr is a huge coup for the young...Tags: Steven Cohen, SAC Capital Advisors, Japan, Hulu, News Media
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Credit Suisse replaces Morgan Stanley as No. 2 Asia prime broker
ReutersBy Nishant Kumar HONG KONG, May 21 (Reuters) - The Asian prime brokerage unit of Credit Suisse has replaced Morgan Stanley as the second largest firm servicing the region's $148 billion hedge funds industry, a survey showed. The annual survey by...Tags: Citigroup Incorporated, Finance, Bank of America Corp., Asia, Hong Kong
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Dollar resumes rise against yen, Bernanke key to more
ReutersLONDON (Reuters) - The dollar rose against the yen on Tuesday after a Japanese minister clarified remarks about the yen's drop, but many awaited the Federal Reserve chief's testimony before adding to bets on a stronger U.S. currency. Speculation the...Tags: France, ABN AMRO, Car Safety Tips and Advice, Moody's Corporation, European Debt Crisis
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US prosecutors' subpoena of SAC's Cohen puzzles defense lawyers
ReutersBy Matthew Goldstein NEW YORK, May 20 (Reuters) - The decision by U.S. prosecutors to compel Steven A. Cohen to testify before a federal grand jury about allegations of insider trading at his $15 billion hedge fund is leaving many criminal defense...Tags: Steven Cohen, Trials, SAC Capital Advisors, Justice System, Lawyers
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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, Finance, Labor Disputes, U.S. Supreme Court, Business Enterprises
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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: Citigroup Incorporated, Warren Buffett, Finance, Berkshire Hathaway Inc., Commodity Markets
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California oil tax push would direct new funds to schools
The Sacramento BeeJust months after California voters passed Proposition 30 to stave off education cuts, a push is under way to ensure that the next stream of higher education funding flows out of the ground. The idea of an oil severance tax has been bubbling for years,...Tags: Citizens Initiative and Recall, Executive Branch, Politics, Government, Taxation
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UK should get on front foot with City
ReutersLONDON, May 20 (Reuters Breakingviews) - It is perhaps too much to expect Britain's Conservative-led government to head any initiatives on Europe, such is the orgy of self-destruction in the party over whether the UK should stay in the European Union....Tags: Finance, Germany, United Kingdom, Politics, Financial Markets
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Wall Street ends flat on correction worries
ReutersNEW YORK (Reuters) - Stocks ended little changed on Monday, with indexes hovering near record levels as concerns about a correction cut earlier gains that had been prompted by news about a flurry of acquisitions. The Dow and the S&P 500 briefly hit all-...Tags: SunPower Corp., France, Groupon, Inc., Computer Sciences Corporation, Alternative Energy
May 21, 2013
|Story| Chicago Tribune
May 20, 2013
|Story| Chicago Tribune
May 21, 2013
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May 20, 2013
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May 21, 2013
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|Story| South Florida Sun-Sentinel
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|Story| McClatchy-Tribune
May 20, 2013
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May 20, 2013
|Story| Reuters
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