Category Archives: Financial

School superintendent gives up $800,000 in pay

By doris | Published: August 28, 2011

Full Story at msnbc.com FRESNO, Calif. — Some people give back to their community. Then there’s Fresno County School Superintendent Larry Powell, who’s really giving back. As in $800,000 — what would have been his compensation for the next three years. Until his term expires in 2015, Powell will run 325 schools and 35 school [...]

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Small investors fleeing stock market

By doris | Published: August 18, 2011

Full Story at msnbc.com If the recent wild leaps and plunges in financial markets have prompted you to cash out your stocks, you’re not alone. Individual investors are bolting for the exits. Thursday’s big sell-off, which saw the Dow Jones industrial average move by triple digits for the ninth time this month, was the latest [...]

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A big bounce, ounce by ounce, as gold takes off

By doris | Published: August 17, 2011

Full Story atnews.Yahoo.com NEW YORK (AP) — For what is normally a sleepy month, there are so many customers at the Gold Standard, a New York company that buys jewelry, that it feels like Christmas in August. Uncle Ben’s Pawn Shop in Cleveland has never seen a rush like this. Welcome to the new American [...]

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Another massive rally for stocks as Dow soars 423 on optimism about economy

By doris | Published: August 11, 2011

Full Story at msnbc.com NEW YORK — Wall Street’s wild week continued Thursday with a 423-point surge for the Dow Jones industrial average. Stocks shot higher after investors saw small signs that the economy might not be headed into another recession. With a 400-plus point move for the Dow, Thursday’s close marks the first time [...]

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Debt and spending deal picks up momentum in Senate

By doris | Published: August 1, 2011

Full Story at news.Yahoo.com WASHINGTON (AP) — The White House and congressional leaders worked Monday to align lawmakers from both parties behind their formula for averting a financial meltdown and halting the government’s prolific spending habits. Despite resistance from both liberals and conservatives, momentum appeared to be building in support of the compromise deficit-reduction plan. [...]

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Obama hits new low in key poll

By doris | Published: July 31, 2011

Full Story a tnews.Yahoo.com US President Barack Obama’s job approval rating slumped to a personal low of 40 percent in a public opinion survey out Friday, a possible reflection of the political war over US debt. The respected Gallup polling organization said Obama had previously slipped to 41 percent several times since taking office in [...]

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Baby boomers worry about finances, health costs

By doris | Published: July 29, 2011

Full Story atnews.Yahoo.com WASHINGTON (AP) — The “golden years” may lose some luster for many baby boomers worried about the financial pressures that come with age. Many of the nation’s 77 million boomers are worried about being able to pay their medical bills as they get older, a new poll finds. The concern is so [...]

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Minn. governor, GOP reach deal to end shutdown

By doris | Published: July 14, 2011

Full Story at msnbc.com ST. PAUL, Minn. — Minnesota’s Democratic Gov. Mark Dayton and Republican lawmakers reached a deal to end what has become the longest state shutdown in recent U.S. history. The deal came after a three-hour negotiating session that followed major concessions by Dayton. If details are worked out and approved by state [...]

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Final News of the World hits stands as scandal closes tabloid

By doris | Published: July 10, 2011

Full Story at CNN.com London (CNN) — The last edition of the News of the World hit stands Sunday morning, as Britain’s best-selling newspaper shuts down in the face of a scandal over illegal eavesdropping and bribery that has outraged Britain and rattled the foundation of the nation’s political establishment. Plastered with a montage of [...]

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8 secrets about Disneyland

By doris | Published: July 2, 2011

Full Story at CNN.com From how to score a cocktail to where to scatter grandma’s ashes, this is your ticket to the real Magic Kingdom. 1. There are dead bodies in the Haunted Mansion The Haunted Mansion ride at Disneyland is one of the scariest places in the park, but not for the reasons you’d [...]

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What’s ailing America’s national parks?

By doris | Published: June 28, 2011

Full Story at OverheadBin.msnbc.msn.com As president of the National Parks Conservation Association (NPCA), Tom Kiernan is, not surprisingly, a fan of Ken Burns’ documentary, “The National Parks: America’s Best Idea,” but he’d like to add an addendum. “The national parks are America’s best idea,” he said, “but they’re not in the best of health.” In [...]

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FBI: Man took cab from home to rob bank, then rode to work

By doris | Published: June 24, 2011

Full Story at msnbc.com MIAMI — The FBI has arrested a man accused of putting on a suit and tie, robbing a South Florida bank and then leaving in a taxi. Jeffrey Harrington, 27, of North Miami, is accused of robbing the Bank of America branch in Hallandale Beach on Tuesday morning. He was arrested [...]

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Airbus soars over Boeing, saleswise, at air show

By doris | Published: June 23, 2011

Full Story at msnbc.com LE BOURGET, France — Airbus is trouncing Boeing in the race to be the world’s biggest plane maker, claiming over $72 billion dollars worth of orders and commitments at the Paris Air Show, where the popularity of its new fuel-efficient jets twice broke records for the largest order ever. Airbus’ success [...]

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Chrysler repays $7.6B in government loans

By doris | Published: May 24, 2011

Full Story at news.Yahoo.com DETROIT – With a few computer keystrokes in an office at its headquarters, Chrysler Group LLC sent $7.6 billion to the U.S. and Canadian governments on Tuesday, paying off most of the bailout money that saved the company from financial disaster just two years ago. The repayment — expected for weeks [...]

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Survivors tell of dread, loss after Missouri tornado

By doris | Published: May 23, 2011

Full Story at msnbc.com JOPLIN, Mo. — From heroism, to disbelief to shock. Those were some of the stories being told by survivors of the Joplin twister. Below are some of those initial reactions to the tragedy.‘Felt like the building was breathing’Rod Pace, Med Flight manager at St. John’s Regional Medical Center, watched the tornado [...]

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Out of this galaxy ‘Star Wars’ ride reopens

By doris | Published: May 21, 2011

Full Story at TODAY.msnbc.msn.com ORLANDO, Fla. — George Lucas figures he’s working on his third generation of “Star Wars” fans, and plenty of them were standing in line with their parents Friday to get first crack at Walt Disney World’s overhauled ride based on the iconic movie franchise. The 67-year-old “Star Wars” creator came to [...]

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BP gets $1 bln settlement from Gulf well partner

By doris | Published: May 20, 2011

Full Story at msnbc.com LONDON — BP has struck a deal to receive around $1 billion from one of its minority partners in the blown-out Gulf of Mexico well, raising hopes it will successfully pursue other companies involved and reduce its bill for the disaster. BP PLC said Thursday that MOEX Offshore 2007 LLC, which [...]

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Flooding of Southern Farms Poised to Wreak Havoc on Economy

By doris | Published: May 10, 2011

Full Story at FoxNews.com The historic flooding in the South is poised to wreak havoc on the economy at multiple levels, likely putting local farmhands out of work while contributing to the nationwide rise in food prices. As the Mississippi River crests and the flooding spreads to Mississippi and Louisiana, the vital grain crops in [...]

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South fears loss of national interest in twister recovery

By doris | Published: May 7, 2011

Full Story at msnbc.com HARVEST, Ala. — The Rev. Michael Katschke is worried, but not about running out of the food, diapers and other supplies he hands out to tornado victims at the Crosswinds United Methodist Church in northern Alabama. Katschke is worried about the rest of the country just moving on. “They’re going to [...]

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Oil sinks below $100

By doris | Published: May 5, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — Oil prices plunged more than 8% Thursday as weak economic data and a strengthening dollar drove crude to its biggest one-day drop since April 2009. The main U.S. oil contract for June delivery settled down $9.44, or 8.6%, to $99.80 a barrel. That’s its lowest level since [...]

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