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Economics News

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

54 min ago | Silicon Alley Insider

Here's Why Bitcoin Could Disrupt The Entrenched Payments Industry

People often discuss Bitcoin in terms of its price volatility: Is it up or down? Is it a good investment or a speculative bubble? Bitcoin offers merchants and individuals an extremely low-cost, virtually frictionless payments system.

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Related Topix: Bitcoin

5 hrs ago | WTEN-TV Albany

Deal to reopen North Adams emergency room reached

The emergency room at the recently closed North Adams Regional Hospital could re-open within a month under an agreement reached in court.

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Related Topix: North Adams, MA, Bankruptcy, Pittsfield, MA

9 hrs ago | Nanaimo Daily News

London's iconic Gherkin tower goes into receivership after defaults

Accountancy firm Deloitte LLP said Thursday it has been appointed receiver of one of London's most iconic buildings, the Gherkin.

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Related Topix: Bankruptcy

13 hrs ago | Ananova

Mt Gox Bitcoin Exchange Liquidation Ordered

The failed Bitcoin exchange Mt Gox is to be liquidated after a Tokyo court ordered bankruptcy proceedings to proceed, it has been confirmed.

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Related Topix: Bitcoin, Bankruptcy, Business News

17 hrs ago | National Public Radio

Tokyo Court Starts Mt. Gox Bankruptcy Proceedings

Bankruptcy proceedings began Thursday for the Mt. Gox bitcoin exchange, a move that was widely expected after the Tokyo District Court decided earlier this month that the company would not be able to resurrect itself.

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Related Topix: Bankruptcy, Bitcoin

20 hrs ago | Post-Tribune

Convicted murderer's father files for bankruptcy

The father of a Porter County man who is serving 60 years in prison for murdering Amanda Bach has filed for bankruptcy protection.

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Related Topix: Bankruptcy, Porter County, IN

Wed Apr 23, 2014

Wheeling News

Punishing Those Liable for Leak

Freedom Industries is behind the disastrous chemical leak at Charleston earlier this year.

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Related Topix: Charleston, WV, Bankruptcy

The Modesto Bee

Kemper Co. official: Pharma Pac headed for closure

Pharma Pac laid off 84 employees from its DeKalb facility on March 7, according to a notice filed with the Mississippi Department of Employment Security.

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Related Topix: Kemper County, MS, Bankruptcy, Business News

Bradenton.com

5 things to know about NYC's Tavern on the Green

Here are five things to know about the once-grand restaurant in Central Park: 1. The Victorian Gothic structure was originally built in 1870 as a sheepfold for the flock that grazed in the Sheep Meadow.

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Related Topix: Bankruptcy, Life, Food, Dining

Ledger-Enquirer.com

Board approves tax credit for buyer of hospital

Hospital board attorney Walter Brown told aldermen Tuesday the tax credit is a "quick step forward" to completing the sale.

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Related Topix: Bankruptcy

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

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

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

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