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Economics News

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

3 hrs ago | Fox News

Bankrupt San Bernardino Eyes Pot Sales for Funds

The city attorney of bankrupt San Bernardino, California, has a novel idea for raising new revenue - open medical marijuana dispensaries to sell pot.


Related Topix: San Bernardino, CA, Bankruptcy, Marijuana, Business News

7 hrs ago | Rock FM

Directors Lobby To Keep Film In Hollywood

Kodak is aiming to strike a deal with all of the major studios as it faces stiff competition from digital technologies.


Related Topix: Bankruptcy

11 hrs ago | ABC News

IMF Says Cyprus Will Need More Spending Cuts

Cyprus' president on Wednesday rebuffed an International Monetary Fund assessment that Cyprus will need to make additional spending cuts to meet a key target of its financial rescue program.


Related Topix: Bankruptcy

14 hrs ago |

Explo to plead guilty in September

Webster Parish District Attorney Schuyler Marvin tells The Times the plea was scheduled to have been entered Tuesday but was postponed because of pending action in federal court with the company's Chapter 11 bankruptcy proceedings.


Related Topix: Minden, LA, Bankruptcy, U.S. Environmental Protection Agency, Environmental Law, Law, Environment, Science

15 hrs ago | WIBW-TV Topeka

Brownback's GOP Challenger Has Bankruptcy In Past

A Wichita businesswoman who is challenging Gov. Sam Brownback in the Republican primary has filed for bankruptcy protection in the past, while her running mate has done so twice.


Related Topix: Bankruptcy, US Governors, Sam Brownback

16 hrs ago | Channel3000

Milwaukee archdiocese owes millions in legal fees

Kelley agreed more than a year ago that the archdiocese would not have to pay legal fees while its bankruptcy case was pending so it could keep enough cash on hand to cover at least one month's bills.


Related Topix: Bankruptcy

21 hrs ago |

Bank scandal tarnishes powerful Portuguese family

Now, one of Europe's last banking dynasties is being stripped of its wealth and influence amid accounting irregularities, huge unreported debts, and a police investigation.


Related Topix: Espirito Santo Financial Group SA, Financial Services, World News, Brazil, Bankruptcy

23 hrs ago | ABC News

Detroit Bankruptcy Trial Delayed Until Aug. 21

Judge Steven Rhodes filed a new schedule Tuesday. Some creditors wanted a longer postponement, but he settled on seven days.


Related Topix: Bankruptcy

Tue Jul 29, 2014

KVOR-AM Colorado Springs

Airlines Report Strong Second Quarter Earnings

The airline industry is making more money after several difficult years during the recession.


Related Topix: Bankruptcy

Myrtle Beach Online

Soldiers get $92M in debt relief under settlement

Deceptive practices by Rome Finance Co., more recently doing business as Colfax Capital Corp. and Culver Capital LLC, based in California and Georgia, included failing to accurately disclose charges and interest rates, New York's Attorney General Eric Schneiderman said Tuesday.


Related Topix: Indiana, Bankruptcy, Business News

KNUS-AM Aurora

Detroit water department placed in mayor's hands

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Related Topix: Detroit, MI, Bankruptcy

BetCoin Ups the Ante for Bitcoin Gaming

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Related Topix: Bitcoin, Mozilla, TheStreetcom, Media, TheStreet, Computers, Amazon, Cloud Computing, Science / Technology

Suzuki recalls nearly 26,000 cars for fire risk

The recall covers the Verona from the 2004-2006 model years. It's an expansion of an earlier recall of the Forenza and Reno.


Related Topix: Bankruptcy

Firm agrees to $30.25M bid for Northeast nursing home

A New Jersey investment firm has agreed to pay $30.25 million for Northeast Philadelphia's Deer Meadows Retirement Community, which filed for bankruptcy protection in April.


Related Topix: Bankruptcy, Philadelphia, PA, Butler, PA

Mon Jul 28, 2014

The Wall Street Journal

Sen. Joe Manchin Sued by Brother Over Loan

The West Virginia Democrat was sued earlier this month in Marion County Circuit Court in West Virginia by one of his brothers for allegedly failing to repay $1.7 million loaned several decades ago to keep a family business out of bankruptcy.


Related Topix: US Politics, US News, Senator Joe Manchin, US Senate, Democrat, Bankruptcy, Fairmont, WV

WPTV Local News

Apple welcomes back top Bitcoin wallet app

The software lets people receive and spend the increasingly popular digital currency Bitcoin.


Related Topix: Bitcoin, Computers


Internal Finance memo warns of potential for Bitcoin-related crime

This April 3, 2013 file photo shows bitcoin tokens in Sandy, Utah. The lack of regulation and high level of anonymity of Bitcoins may make the virtually currency "an attractive payment method for criminals," former finance minister Jim Flaherty was warned by senior officials in a recently declassified memo.


Related Topix: Bitcoin, Sandy, UT

Vallejo Times-Herald

BioHealth and Bryman colleges close their doors

BioHealth and Bryman colleges closed their doors Monday, about a week after their parent company filed for Chapter 11 bankruptcy.


Related Topix: Bankruptcy, San Francisco County, CA, San Francisco, CA, Hayward, CA

RPM Intl agrees to $797.5M deal on asbestos claims

RPM will start funding the trust for current and future claimants with a $450 million cash payment and then make additional payments over the next few years until a total of $797.5 million in contributions is reached.


Related Topix: Manufacturing, RPM International, Chemicals, Medina, OH, Bankruptcy

The Fresno Bee

How to escape the medical care debt trap

The single biggest cause of personal bankruptcy in the United States isn't job loss or irresponsible use of credit.


Related Topix: Bankruptcy, Health Insurance, Health, Credit Card Debt, Personal Finance


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