
Posts tagged Finance
Senators warn against buying Cubbie Station – The Australian
Aug 16th
Senators warn against buying Cubbie Station The Australian THE Commonwealth should not buy Cubbie Station as the water will not make it to the Murray under current arrangements, Senators Bill Heffernan and Nick Xenophon warned today. The south-west Queensland property is for sale with an asking price of more … Garrett quiet on Cubbie sale Brisbane Times Cubbie seeks international buyer ABC Online Don't buy Cubbie unless Murray benefits: Xenophon Adelaide Independent Weekly The Canberra Times
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Tough Slog on Health Care Plan Gets a Little Easier – New York Times
Aug 16th
BBC News Tough Slog on Health Care Plan Gets a Little Easier New York Times WASHINGTON — A columnist for the online news magazine Slate once proposed that the month of August be banned, as “it has a dismal history” and “nothing good ever happens.” A week ago, President Barack Obama might have cosponsored the … Obama Uses Op-Ed to Criticize Health Insurance Industry FOXNews Obama's health ideas elicit support, skepticism in Colorado Christian Science Monitor Why Democrats will pass health care (finance) reform Kansas City Star CBS News
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BB&T to buy Colonial bank – report – CNNMoney.com
Aug 14th
Boston Globe BB&T to buy Colonial bank – report CNNMoney.com Southern regional bank Colonial BancGroup, on verge of failure according to judge, could see rival BB&T grab its branches and accounts. By Chris Isidore, CNNMoney.com senior writer The FDIC will notify you by mail about your accounts/loans. … US HOT STOCKS: BB&T, Colonial BancGroup, Tenet, Boeing Wall Street Journal BB&T Said to Be Taking Colonial in Year's Biggest Bank Failure Bloomberg FDIC to seize Colonial, sell assets to BB&T: report Reuters MarketWatch
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The Senate passed the alcopops tax today – Australia.TO
Aug 13th
Telegraph.co.uk The Senate passed the alcopops tax today Australia.TO Australia's $16bn alcohol toll will continue to grow after the Senate passed the alcopops tax today, Family First Leader Senator Steve Fielding said. “The Rudd Government and the Coalition have ignored the recommendations from the National Preventative … Kevin's carbon finance bubble Melbourne Herald Sun Senate votes down emissions trading scheme The Australian Australia's 'publish at risk' Special Broadcasting Service Queensland Business Review
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US Considers Remaking Mortgage Giants – Washington Post
Aug 5th
MiamiHerald.com US Considers Remaking Mortgage Giants Washington Post The Obama administration is considering an overhaul of Fannie Mae and Freddie Mac that would strip the mortgage finance giants of hundreds of billions of dollars in troubled loans and create a new structure to … White House views splitting Fannie, Freddie assets Reuters As US Weighs Future of Housing Giants, Overseer Is Leaving New York Times Report: US Considers Remaking Fannie Mae, Freddie Mac FOXNews Bloomberg
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‘Clunkers’ rebates look likely for another month (AP)
Aug 4th
AP – Roadblocks disappearing, the Senate cleared the way Tuesday for a vote giving eager car buyers until Labor Day to cash in on rebates up to $4,500 for trading in their gas-guzzlers for new, higher-mileage models.
Read more from the original source: ‘Clunkers’ rebates look likely for another month (AP)
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Treasuries Rise as Bernanke Sees 'Extended Period' of Low Rates – Bloomberg
Jul 21st
Telegraph.co.uk Treasuries Rise as Bernanke Sees 'Extended Period' of Low Rates Bloomberg July 21 (Bloomberg) — Treasuries advanced as Federal Reserve Chairman Ben S. Bernanke told Congress policy makers sees little evidence of inflation and will keep interest rates “exceptionally low” for an 'extended … Pace of Decline Seems to Have Slowed, Fed Chief Says New York Times INSTANT VIEW: Bernanke sees economic improvement Reuters Treasurys Recover As Bernanke Signals To Keep Rates Low Wall Street Journal MarketWatch
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CIT gets $3 billion lifeline from bondholders – Reuters
Jul 20th
CTV.ca CIT gets $3 billion lifeline from bondholders Reuters NEW YORK (Reuters) – CIT Group Inc secured a $3 billion loan facility from its bondholders on Monday and said it plans a comprehensive restructuring of its liabilities, but gave few details. With the emergency loan, the 101-year-old lender to small and … CIT may be saved – but now what? CNNMoney.com CIT to Get Financing From Bondholders New York Times CIT Bondholders Agree to Finance $3 Billion Rescue Bloomberg Bizjournals.com
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Obama Pressed to Get Health-Care Plan Back on Track in Congress – Bloomberg
Jul 12th
MiamiHerald.com Obama Pressed to Get Health-Care Plan Back on Track in Congress Bloomberg July 13 (Bloomberg) — President Barack Obama, after a week of diplomacy abroad, now faces the possible derailment of his top priority at home, the overhaul of the health-care system. The Senate Finance Committee has … Obama begins health care push USA Today Concern grows that healthcare overhaul won't cut costs Los Angeles Times Raising taxes at center of health care reform debate CNN Washington Post
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