March 13th, 2010
Latvian elections this autumn threaten to hamper government efforts to push through austerity measures vital to its international bailout, burdening the country’s credit rating, Fitch Ratings said.
A parliamentary election scheduled for October “weighs on the rating, the uncertainty that comes with the election, and I think there might be resistance to removing the […]
Life insurance quotes from affordable life insurance companies. Life insurance agents, life insurance guides, life insurance articles.
Filed under: legal by Finance Boss
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February 20th, 2010
WordPress.com, the fast growing hosting service for millions of blogs, including TechCrunch and GigaOm, crashed briefly Thursday afternoon.
"WordPress.com will be back in a minute!" is the message that appeared shortly before 3 p.m. on some portion of the websites using the San Francisco blogging platform, which serves millions of blogs with a combined 72.2 million […]
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Filed under: business by Finance Boss
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February 12th, 2010
January was a tough month for St. Louis-area casinos, as the recession and cold weather teamed up to tamp down business.
Gambling revenue at the region’s six casinos fell by 4 percent in the month compared to last year, according to figures out Wednesday from Missouri and Illinois regulators. Every casino saw business fall. […]
Filed under: term by Finance Boss
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February 4th, 2010
The losses continued for Great Florida Bank in the fourth quarter, but it succeeded in paring down its problem loans.
The Miami Lakes-based bank (NASDAQ: GFLB) suffered a net loss of $15.9 million in the fourth quarter, following a $13.3 million loss in the third quarter, according to its filing with the Federal Financial Institutions Examination […]
Filed under: business by Finance Boss
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February 1st, 2010
St. Louis-based HOK architects provided the design, planning, structural engineering and interior design work on the new 254-bed Saint Joseph Regional Medical Center in Mishawaka, Ind.
The $224 million project includes a two-story diagnostic and treatment center with a six-story tower that has an emergency department, imaging center, diagnostics and 16 operating rooms. Inpatient […]
Filed under: economics by Finance Boss
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January 28th, 2010
LOS ANGELES—Both U.S. and Canadian governments have imposed major conditions upon Live Nation and Ticketmaster in approving the companies’ merger.
Shares in both companies jumped in trading Monday after reports surfaced earlier that the merger would be approved.
Included in the settlement is a requirement that Ticketmaster would have to license its ticketing software to competitor AEG […]
Filed under: economics by Finance Boss
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January 24th, 2010
The much-loved “cheap-chic” discount chain, Target Corp., referred to by fans as "Tar-Jay," says it has Canada in its sights as part of a future international expansion plan.
Like many U.S. retailers, Target is mulling a move outside its home market after sales and profits took a nosedive in the past year.
The announcement comes years after […]
Filed under: money by Finance Boss
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January 5th, 2010
A key measure of consumer confidence rose for a second straight month in December, a research group said Tuesday, with outlook for the next few months reaching a 2-year high.
The Conference Board, a New York-based research group, said its Consumer Confidence Index rose to 52.9 in December, from an upwardly revised 50.6 in November.
Economists […]
Filed under: economics by Finance Boss
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December 27th, 2009
After months of relative silence, sovereign wealth funds, the huge, state-owned vehicles that export-rich countries use to invest their reserves, are on the prowl again.
"[Funds] are researching deals and trying to get things lined up," says R.P. Eddy, CEO of Ergo, a research firm that advises some of the world’s biggest sovereign wealth […]
Filed under: finance by Finance Boss
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December 21st, 2009
Step into Nordstrom a year ago for handmade Italian pumps and flats from designer Anyi Lu and you’d be shelling out as much as $595 a pair. This season, everything in the spring collection that hits stores next month goes for under $400. For CEO David Spatz, adjusting prices downward simply made sense: "The […]
Filed under: term by Finance Boss
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