Bookmark

Add to MyYahoo RSS

Economics News

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

46 min ago | Reuters

PwC must face $1 billion lawsuit over MF Global advice

A federal judge on Wednesday ordered PricewaterhouseCoopers to face a $1 billion lawsuit claiming that its bad accounting advice was a substantial cause of the October 2011 bankruptcy of MF Global Holdings Ltd, a brokerage run by former New Jersey Governor Jon Corzine.

Comment?

Related Topix: Banking, Reserve Bank of Australia, Financial Services, PricewaterhouseCoopers, Accounting, Bankruptcy, Jon Corzine, US Governors

3 hrs ago | El Paso Times

FBI raids Anamarc College

FBI agents arrived shortly after 6:30 a.m. at the Anamarc College campus at 3210 Dyer Street.

3 comments

Related Topix: El Paso, TX, Bankruptcy

7 hrs ago | Iol.co.za

US bureau offers Bitcoin advice

The US government has issued an advisory that warns about the risks that Bitcoins and other virtual currencies pose to consumers.

Comment?

Related Topix: Bitcoin

12 hrs ago | The Washington Post

Banker Arrest Rattles Lenders as Slowdown Deepens: India Credit

The arrest of an Indian banker amid probes into lending violations looks set to prompt tighter loan approvals that may deepen the worst credit slowdown since 2009.

Comment?

Related Topix: Bankruptcy, World News, India, Business News

Tue Aug 26, 2014

The Las Vegas Sun

SLS: Iggy, Rita, Tiesto, Pamela and Joe Francis

There were a number of eyebrow-raising moments during the star-studded gala opening of SLS Las Vegas over the weekend: Where else than only in Las Vegas would you simultaneously see the prime minister of the Bahamas in the same hotel casino as notorious Girls Gone Wild founder Joe Francis? Joe said that he'd been flown in from the California-Nevada ... (more)

Comment?

Related Topix: Las Vegas, NV, Steve Wynn, Bankruptcy, Recreational Vehicle, Monaco, Games, Poker, Australia, Oceania, World News

The Gazette

Quake is major test for hard-luck California city

Contractors pull loose bricks from the roof of an earthquake damaged 36,000 square foot former boat shop on Mare Island Tuesday, Aug. 26, 2014, in Vallejo, Calif.

Comment?

Related Topix: Earthquake, Natural Disasters, Vallejo, CA, Bankruptcy

Evening Sun

Detroit resumes shutting off water service

In this photo taken on Monday, Aug. 25, 2014, a person who did not want to be identified, left, gives forms to the customers waiting in line outside the Detroit Water and Sewerage Department's Westside Customer Service Center in Detroit.

Comment?

Related Topix: Bankruptcy

Silicon Alley Insider

RadioShack Shareholder Negotiating Rescue Package: Bloomberg

RadioShack Corp's second-largest shareholder, Standard General LP, is negotiating a rescue package with investors to help the consumer electronics retailer ward off bankruptcy, Bloomberg reported, citing people with knowledge of the matter.

Comment?

Related Topix: Bankruptcy, Retail, Wal Mart Stores

Silicon Alley Insider

Detroit, Hold-out Creditors Must Go To Bankruptcy Mediation: Judge

Detroit and its major hold-out creditors were ordered on Tuesday into mediation, just a week before a key federal court hearing is to start in the city's historic bankruptcy case.

Comment?

Related Topix: Bankruptcy

Business Journal

Federal court judge bars Trulands from selling personal assets

Robert Truland, CEO of the Truland Group Inc., leaves the first creditors' meeting in his company's Chapter 7 bankruptcy case.

Comment?

Related Topix: Bankruptcy

Detroit News

Andy Dillon might get role in managing Detroit's retiree health care benefits

After helping usher Detroit into bankruptcy court, former state Treasurer Andy Dillon might get a role in managing the city's retiree health care benefits after it emerges from Chapter 9. The Retired Detroit Police & Fire Fighters Association wants to appoint Dillon to the board of a new trust that will manage health care benefits for retired ... (more)

Comment?

Related Topix: Bankruptcy, Law, Employment / Labor Law

Weyburn Review

Minting new cryptocurrencies growing in popularity and competing with Bitcoin

When Jay Su got into cryptocurrency in October last year, he rejected the popular Bitcoin in favour of a lesser-known alternative, Litecoin.

Comment?

Related Topix: Bitcoin

The Argus

Cafe and clothes stores get virtual cash machines

Marwood Cafe in Brighton has a new Bitcoin machine. Pictured is Graham Lally, right, who runs a Bitcoin group in Brighton chatting to Dan Jellinek, left.

Comment?

Related Topix: Bitcoin

Reuters

Press Digest- New York Times business news - Aug 26

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.

Comment?

Related Topix: Publishing, Media, New Times, Reuters, Amazon, Startups, Autonomy, Computers, Bitcoin

Mon Aug 25, 2014

Independent.ie

Collison a brothers close to deal on a 'buy now' a button for Twitter

Irish payments firm Stripe is reportedly at an advanced stage of helping Twitter to create a 'buy now' service within the social networking service.

Comment?

Related Topix: Twitter, Social Software, Marketing, Startups, Facebook, Bitcoin

Customer Interaction Solutions

Korbit Raises $3 Million to Expand Bitcoin Adoption in Korea

Korbit , Korea's leading bitcoin exchange, wallet and merchant processor, has closed a $3 million Series A funding round led by SoftBank Ventures Korea.

Comment?

Related Topix: Bitcoin, Venture Capital, Emerging Technology

Detroit News

Former Gop VP candidate: Detroit 'warning' to U.S.

Washington - Former Republican vice presidential candidate Paul Ryan says Detroit's Chapter 9 bankruptcy is a warning to the United States and and compares the Motor City to the NBC post-apocalyptic drama 'Revolution.'

Comment?

Related Topix: US Politics, US News, US Senate, Republican, US House of Representatives, Paul Ryan, Senator Rand Paul, 9, Bankruptcy, Automakers, General Motors

Business Journal

TLC Health Network to present alternate plan to bankruptcy court

TLC Health Network officials will be back in bankruptcy court today for the first time since state officials approved a request to separate TLC Health Network and its Lake Shore Health Care Center from the Lake Erie Regional Health System of New York .

Comment?

Related Topix: Bankruptcy, New York Government, New York

KYTX-TV News

Business News: August economic data

It is likely to show a rebound from first quarter figures that were dragged down by severe winter weather across much of the country.

Comment?

Related Topix: Bankruptcy

Detroit Free Press

Detroit bankruptcy judge to consider sanctions for Syncora attorneys

Detroit bankruptcy Judge Steven Rhodes today will consider whether to impose sanctions on attorneys for bond insurer Syncora after they alleged that the city's bankruptcy mediators conspired to protect pensioners and the Detroit Institute of Arts at the expense of financial creditors.

Comment?

Related Topix: Bankruptcy, Detroit, MI, University of North Carolina Chapel Hill

•••
•••
•••
•••

Economics News Hot Topics

•••
•••
•••