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Economics News

Economics News continually updated from thousands of sources around the net.

3 hrs ago | Tri-cityherald.com

Greece hits milestone, opens way for debt relief

Additional help from its bailout creditors would help the crisis-stricken country as it seeks to overcome a protracted recession and tackle rampant unemployment.

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Related Topix: Bankruptcy

4 hrs ago | Myrtle Beach Online

Yields fall sharply in Portuguese debt auction

Brokers work in a trading room of a Portuguese bank in Lisbon, Wednesday, April 23, 2014.

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Related Topix: Bankruptcy, Business News

6 hrs ago | EETimes

resistion It might be doable, the MTJ would have to be scaled down...

It might be doable, the MTJ would have to be scaled down deep sub-20 nm, possibly more aggressively than PCM or floating gate, effectively.

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Related Topix: Science / Technology, CPU, Bitcoin

Tue Apr 22, 2014

Seattle Post-Intelligencer

Business Highlights

The Labor Department said Tuesday that the unemployment rate for 2013 college graduates was 10.9 percent.

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Related Topix: Automakers, General Motors, Bankruptcy, TV, Electronics, Watches

West Australian

GM seeks U.S. court protection against ignition lawsuits

Plaintiffs suing the company also filed a proposed class action lawsuit in Manhattan bankruptcy court on Monday, seeking an order declaring that GM cannot use the bankruptcy protection to absolve itself from liabilities.

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Related Topix: Bankruptcy

WHTC

Detroit bankruptcy judge taps consultants for city...

The federal judge overseeing Detroit's historic bankruptcy case tapped a top restructuring official at Phoenix Management Services on Tuesday to help the court determine if the city's plan to adjust its $18 billion of debt is feasible.

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Related Topix: Bankruptcy, Detroit, MI

KBCI CBS 2

General Motors seeks more protection from lawsuits

General Motors Co. is asking a U.S. bankruptcy judge to shield it from legal claims for actions that took place before the company's 2009 bankruptcy.

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Related Topix: Bankruptcy, Corpus Christi, TX

KMIZ

You could soon use bitcoin to support political campaigns

The Federal Election Commission will consider a request this Wednesday that could open the floodgates for donors to make political contributions in bitcoin in the upcoming midterm elections.

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Related Topix: Bitcoin, Financial Markets

Myrtle Beach Online

Steinhafels' American TV purchase approved

American TV went out of business last month and shuttered 11 locations. Nearly 1,000 people in Wisconsin, Illinois and Iowa lost their jobs.

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Related Topix: Dane County, WI, Bankruptcy, Business News

WXMI-TV Grand Rapids

College Grads Hit with Default When Co-signers Die, Go Bankrupt

Student loan borrowers are suddenly being thrown into default when the co-signer on their loan - often a parent or grandparent - dies or files for bankruptcy.

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Related Topix: Bankruptcy

ABC News

General Motors Seeks More Protection From Suits

General Motors Co. has filed suit in a U.S. bankruptcy court asking a judge to protect the company from legal claims for actions that took place before it emerged from bankruptcy in 2009.

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Related Topix: Bankruptcy

Mon Apr 21, 2014

Business Journal

Coldwater Creek to close all its stores

Coldwater Creek will liquidate its assets after a bankruptcy filing, according to reports by Bloomberg and CNBC.

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Related Topix: Bankruptcy, Sandpoint, ID

Detroit News

Ford said to name Fields CEO, give Mulally departure date

Ford Motor Co., the second-largest U.S. automaker, will soon name Mark Fields its next chief executive officer and reveal when current CEO Alan Mulally will retire from the company he is credited with saving, according to two people familiar with the pending announcement.

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Related Topix: Ford F-150, Ford, Truck, Automakers, Ford Motor, Dearborn, MI, Bankruptcy

Seattle Post-Intelligencer

Genco files for Chapter 11 bankruptcy protection

Drybulk shipper Genco Shipping filed for Chapter 11 bankruptcy protection on Monday as it tries to reorganize its business and reduce debt.

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Related Topix: Bankruptcy

Detroit News

U.S. Treasury chief to visit Detroit

U.S. Treasury Secretary Jacob Lew will make a two-day trip to Detroit this week, the latest high-profile visit by the Obama administration to the Motor City working to exit bankruptcy.

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Related Topix: Bankruptcy, General Motors, Automakers

Washington Times

Court to consider Natchez hospital ombudsman

The federal bankruptcy court overseeing Natchez Regional Medical Center's Chapter 9 filing will decide this week if it needs to appoint a special patient advocate for the duration of the process.

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Related Topix: Bankruptcy

Jerusalem Post

Israeli unit against terror-financing fighting new enemies at a new speed

The Israel Money Laundering and Terror Financing Prohibition Authority has exploded in growth since its 2002 founding; but Israel has been criticized heavily for not keeping up with fighting these threats.

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Related Topix: Bitcoin

Sun Apr 20, 2014

The Age

The inside story behind the rise and fall of Mark Karpeles' Mt Gox bitcoin exchange

Former employees of the Mt Gox bitcoin exchange say Mark Karpeles had a tight grip over the company and wouldn't share passwords or access to Mt Gox's source code.

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Related Topix: Bitcoin, Bankruptcy, Life, Hobbies, Anime and Manga

Hispanic Business

Labour attacks Treasury over bankrupt boss of loans board

Labour has expressed astonishment at the decision to appoint a bankrupt businessman to chair a pounds 60bn quango, demanding to know who authorised the appointment in the Treasury and , shadow Treasury chief secretary, said: "It is astonishing that the prime minister and the chancellor could appoint someone who went bankrupt to run the Treasury's ... (more)

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Related Topix: Bankruptcy

Forbes.com

Even Alex Rodriguez Reportedly Almost Fell Victim To Eike Batista's Financial Collapse

As has been widely reported this week, Brazil's Federal Police have opened an investigation into former Brazilian billionaire Eike Batista for financial crimes, including insider trading, manipulation of markets and money laundering.

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Related Topix: Bankruptcy, Business News

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