Category Archives: Financial

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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Austrian authorities reveal find of buried treasure

By doris | Published: April 23, 2011

Full Story at news.Yahoo.com VIENNA – A man turning dirt in his back yard stumbled onto buried treasure — hundreds of pieces of centuries-old jewelry and other precious objects that Austrian authorities described Friday as a fairy-tale find. Austria’s department in charge of national antiquities said the trove consists of more than 200 rings, brooches, [...]

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Shutdown would take away $32 million a day from national parks

By doris | Published: April 10, 2011

Full Story at CNN.com New York (CNN) — An average of $32 million a day in national parks revenue could be shut off if the Beltway showdown results in a government shutdown, officials say. The measure would be the first shutdown in more than 15 years, shuttering national parks, seashores and historic sites, and barring [...]

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Who gets paid in a shutdown? Congress!

By doris | Published: April 8, 2011

Full Story at money.cnn.comWHY CAN’T THEY ALL GET ALONG WITH EACH OTHER. THE HAVE TO TO SOMETHING TO GET US BACK ON TRACK. THEY GET PAID AND EVERYONE ELSE HAS TO SIT AND WATCH THEM DO NOTHING,BUT WE HAVE BILLS TO PAY. IS EVERYONE GOING TO WAIT UNTIL THE GOVERMENT PAYS US DON’T THINK SO. [...]

Also posted in America, Business As Usual, Congress, Dispute, Economy, Goverment, Jobs, Rant, Troops | Leave a comment

House budget chairman to propose Medicare, Medicaid changes

By doris | Published: April 3, 2011

Full Story at CNN.comLeave it alone, the seniors need this program. PUT BACK THE MONEY YOU TOOK OUT OF SSI AND YOU WOULD HAVE THE MONEY NOW FOR THIS PROGRAM. YOU ARE ALWAYS TRYING TO TAKE FROM THIS AND NEVER RETURN IT. CUT IT OUT. Washington (CNN) — House Budget Chairman Paul Ryan said Sunday [...]

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American college students a no-show in Acapulco

By doris | Published: March 29, 2011

Full Story at CNN.com Acapulco, Mexico (CNN) — For the past 18 years, folk musician Raymundo Oregon has been playing his accordion in one of Mexico’s favorite destinations for international tourists: the beach resort of Acapulco. The 56-year-old knows the seasons and the tourists. He’s seen the good times and the bad, and this is [...]

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That $319 million jackpot? N.Y. state workers won it

By doris | Published: March 28, 2011

Full Story at msnbc.com ALBANY, N.Y. — Within a state workforce already threatened with layoffs, a small group of workers has apparently found the sudden luxury of walking away from their jobs if they choose.No one has stepped forward to claim the weekend’s $319 million Mega Millions jackpot, the fifth-largest in the multistate game’s history. [...]

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States push harder for online sales tax collection

By doris | Published: March 20, 2011

Full Story at CBSNews.com AP) SAN FRANCISCO (AP) — Tax-free shopping is under threat for many online shoppers as states facing widening budget gaps increasingly pressure Amazon.com Inc. and other Internet retailers to start collecting sales taxes from their residents. Billions of dollars are at stake as a growing number of states look for ways [...]

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Schools send out hundreds of preliminary pink slips

By doris | Published: March 14, 2011

Full Story at MercuryNews.com Reflecting the uncertain and dire budget picture, South Bay schools have notified hundreds of teachers, counselors and other school employees — including all administrators in two school districts — that they may not have a job next school year. Although warning of possible layoffs is an annual spring ritual to meet [...]

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2011 was a record year for the world’s billionaires

By doris | Published: March 9, 2011

Full Story at msnbc.com This 25th year of tracking global wealth was one to remember. The 2011 Billionaires List breaks two records: total number of listees (1,210) and combined wealth ($4.5 trillion). This horde surpasses the gross domestic product of Germany, one of only six nations to have fewer billionaires this year. BRICs led the [...]

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Ohio state Senate passes bill to curtail collective bargaining

By doris | Published: March 2, 2011

Full Story at CNN.com (CNN) — The Ohio state Senate passed a bill Wednesday that would curb the collective bargaining rights of public workers and strip away their power to strike. Lawmakers approved the measure by a count of 17 to 16, with six Republicans voting in opposition. The bill, known as Senate Bill 5, [...]

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Clothing prices to rise 10 pct starting in spring

By doris | Published: February 14, 2011

Full Story at news.Yahoo.com NEW YORK – Shoppers looking to update their wardrobes may find their money won’t stretch as far. As the world economy recovers and demand for goods rises, a surge in raw material and labor costs is squeezing retailers and manufacturers who have run out of ways to pare expenses. Clothing prices [...]

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Johnson & Johnson recalls 45 million more products

By doris | Published: January 14, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — Johnson & Johnson’s McNeil division announced a recall of certain Tylenol brand products Friday after a review of cleaning procedures at a plant in Fort Washington, Pa. Conducted in consultation with the Food and Drug Administration, the recall covers certain lots of Tylenol 8 Hour, Tylenol Arthritis [...]

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Winning the lottery: Does it guarantee happiness?

By doris | Published: January 9, 2011

Full Story at CNN.com (CNN) — She was a mother of three living in a small apartment and working four jobs. And then, as if in a fairy tale, she won her state’s lottery last year. But the story doesn’t have the happy ending you might expect. She didn’t do anything overly extravagant after the [...]

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Fla. School Board Shooting: Purse Used to Smack Gunman Clay Duke Sold for $13,100 on eBay, Says Report

By doris | Published: December 27, 2010

Full Story at CBSNews.com PANAMA CITY BEACH, Fla. (CBS/AP) The purse a woman used to hit a gunman at a Florida Panhandle school board meeting was sold for charity on eBay for $13,100, according to a report. PICTURES: Fla. School Board Shooting The purse’s owner, board member Ginger Littleton, tried to use the purse to [...]

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Still shopping? Last-minute gifts for everyone on your list

By doris | Published: December 24, 2010

Full Story at TODAY.msnbc.com Run out of ideas of what to get all the special people in your life? Looking for something out of the ordinary? For something you know he doesn’t have? For something you know she won’t buy herself? Well, here are some fun, fabulous and affordable gifts that are sure to be [...]

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Is being frugal really worth it?

By doris | Published: December 10, 2010

Full Story at moms.TODAY.com he Economides, a.k.a. America’s cheapest family, joined TODAY this morning to share their frugal gift ideas. Some sound great, like baking pumpkin bread. But making a wreath out of 50 plastic grocery bags? Would you do that?

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