Financial Temperature - Financial News

Financial News

Crude Oil Futures Decline as Dollar Strengthens Against Euro Thursday, March 18, 2010 @ 4:51PMMarch 18 (Bloomberg) -- Oil fell for the first time in three days as a stronger dollar trimmed demand for commodities as an alternative investment. Oil declined 0.9 percent as the dollar gained against the euro amid concern Greece will fail to secure financial assistance from the European Union.
Diddy In Talks To Buy Soccer Team Thursday, March 18, 2010 @ 4:51PMBad Boy mogul P. Diddy has his hands in a lot of business ventures and according to his camp he is looking at one more. According to reports, Diddy has taken an interest in London's historic soccer team Crystal Palace.
Fundraiser admits to US$292m fraud Thursday, March 18, 2010 @ 4:50PMA former political fundraiser for leading Democratic Party politicians, including Barack Obama and Hillary Clinton, pleaded guilty on Thursday to defrauding three major banks out of $US292.2 million in loan transactions.
Summary Box: Jerome York dies at 71 Thursday, March 18, 2010 @ 4:50PMWHAT HAPPENED: Jerome York died Thursday of a brain aneurysm at a Pontiac, Mich., hospital. He was 71.
HOLLY CULHANE: Preventing violence in workplace requires skill, advance planning Thursday, March 18, 2010 @ 4:50PMAn Ohio State University janitor who was about to lose his job walked into a maintenance building for his early morning shift this month and shot his two supervisors, killing one of them and fatally shooting himself. Shocking details continue to emerge about the Feb. 12 shooting spree at the University of Alabama. Biology professor Amy Bishop is accused of shooting and killing three colleagues ...
Middlesex Water Receives BPU Approval for Rate Increase Thursday, March 18, 2010 @ 4:50PMISELIN, NJ--(Marketwire - March 18, 2010) - Middlesex Water Company ( NASDAQ : MSEX ) a provider of water, wastewater and related services, primarily in New Jersey and Delaware, has announced it has received approval from the New Jersey Board of Public Utilities (BPU) for a $7.8 million increase in base water rates. Under the new rates, which are effective March 17, 2010, the average residential ...
Harvard Tuition To Increase 3.8 Percent Thursday, March 18, 2010 @ 4:50PMWhat's Your Reaction? Harvard University is hiking the cost of its education by 3.8 percent to surpass the $50,000 level. The school announced today that tuition and room and board will cost $50,724 for the 2010-11 academic year. Fees will make it even more expensive.
Covanta's chief financial officer, Pytosh, plans to depart at the end of March Thursday, March 18, 2010 @ 4:50PMFAIRFIELD, N.J. - Renewable energy company Covanta Holding Corp. said Thursday that its chief financial officer will leave the company at the end of the month.
Sen. Jon Tester: Wall Street Reform Ends 'Too Big to Fail' Thursday, March 18, 2010 @ 4:49PMOur entire economy almost collapsed a year-and-a-half ago because there were no referees on Wall Street. And sadly, hardworking, honest taxpayers paid the price. Our bill will prevent that from happening again.
The Golden Years, in reverse Thursday, March 18, 2010 @ 10:21AMWhat many people have now -- house, lifestyle, neighborhood, friends, church, clubs -- is exactly what they'd like to keep. Unfortunately, many older folks simply don't know how or where to look to find the funds that would allow them to maintain the status quo.
PHS BPA has best turnout yet at state Thursday, March 18, 2010 @ 10:21AMPLYMOUTH — The Plymouth High School BPA (Business Professionals of America) recently returned home with several top spots at state. Last weekend, the team traveled to Indianapolis for the State Leadership Conference.
KKR to list shares on NYSE Thursday, March 18, 2010 @ 10:21AMNEW YORK (AP) — KKR & Co. LP, the parent of private equity firm Kohlberg Kravis Roberts said Friday that it plans to list its shares on the New York Stock Exchange.
FedEx Faces Employee Benefit Bogey Thursday, March 18, 2010 @ 10:21AMWhile FedEx delivered a profit for the quarter, reinstated benefits programs will dampen future results.
Merkel Favors IMF in Greece Crisis as Germans Oppose Bailout Thursday, March 18, 2010 @ 10:21AMMarch 18 (Bloomberg) -- Chancellor Angela Merkel is moving toward an International Monetary Fund-led solution to the Greek budget crisis as she navigates between European Union leaders who say the EU should take charge and a German public unwilling to foot the bill.
Euro Declines Amid Concern Europe Split on Assistance to Greece Thursday, March 18, 2010 @ 10:21AMMarch 18 (Bloomberg) -- The euro weakened for a second day against the dollar and yen in the longest stretches of decline in almost a month on concern Greece will fail to secure financial assistance from the European Union.
Fund for Excellence gives $1.7 million to Pittsburgh schools Thursday, March 18, 2010 @ 10:21AMThe Fund for Excellence for Pittsburgh Public Schools has announced grants totaling about $1.7 million, of which $1.5 million will be used to try to improve teacher effectiveness.
Journalists over 65 to get pension in MP Thursday, March 18, 2010 @ 10:21AMBhopal, Mar 18 (PTI) Journalists over 65 years of age in Madhya Pradesh will be provided monthly pension, a state minister said today.
Nike 3Q profit rises, helped by improved sales Thursday, March 18, 2010 @ 10:20AMPORTLAND, Ore. (AP) -- Nike Inc. said stronger sales helped boost its third-quarter profit and its shares soared in after-hours trading Wednesday. Nike, the world's largest athletic shoe and clothing company, reported after the market closed that it earned $496 million, or $1.01 per share, for the quarter. That's more than double the $244 million, or 50 cents per share, it reported for the same ...
So, you want to be an Eagles cheerleader? Thursday, March 18, 2010 @ 10:20AMThe Philadelphia Eagles on Saturday will hold open call auditions from 10 a.m. to 4 p.m. Saturday at Lincoln Financial Field for prospective members of its 2010 cheerleading squad.
Ex-NC Gov’s Aide Argues Dismissal Of All Counts Tuesday, March 16, 2010 @ 3:44PMThe ex-aide to former North Carolina Gov. Mike Easley wants a judge to dismiss all 51 corruption-related counts filed against him, arguing federal prosecutors failed to allege essential elements of bribery and extortion.
A mixed picture Tuesday, March 16, 2010 @ 3:43PMA number of countries have achieved major successes in combating extreme poverty and hunger, improving school enrollment and child health, expanding access to clean water, strengthening control of malaria, tuberculosis and neglected tropical diseases, and providing increased access to HIV treatment, the report points out.
Legislators consider shortening school year Tuesday, March 16, 2010 @ 3:43PMThe financial crisis facing Alabama state government could mean a longer summer vacation for Fort Payne City and DeKalb County school children.
Stocks to watch Tuesday, March 16, 2010 @ 3:42PMPossible market movers
Rumors prompt extra police presence at Carrick High Tuesday, March 16, 2010 @ 3:42PMCity and school police were at Carrick High School this afternoon as a precaution, officials said, after a student fight Monday triggered text-message rumors of a potential gunfight today
Vermont workshop to discuss clean energy districts Tuesday, March 16, 2010 @ 3:42PMSOUTH ROYALTON -- New financing tools for energy efficiency and renewable energy will be discussed at a daylong workshop March 27 at Vermont Law School's Chase Center.
TSX posts highest close since Sept. 2008 Tuesday, March 16, 2010 @ 3:42PMCanada's benchmark stock index was on track Tuesday to post its highest close since late September 2008, driven by rising commodity prices and positive economic data.
Police arrest man after North Side heroin buy Tuesday, March 16, 2010 @ 3:42PMPolice this afternoon confiscated 500 stamp bags of suspected heroin from a car driven by a North Side man who was arrested during a buy-bust operation.
Community Briefs Monday, March 15, 2010 @ 7:25PMPleasant Hill Christian seeks Pancake Breakfast donations
German Investor Confidence May Fall for Sixth Month in March Monday, March 15, 2010 @ 7:25PMMarch 16 (Bloomberg) -- German investor confidence probably declined for a sixth month in March amid signs the economy is struggling to expand and as Greece’s fiscal crisis shakes financial markets.
EU Lays Groundwork for Greek Lifeline to Shore Up Scarred Euro Monday, March 15, 2010 @ 7:25PMMarch 16 (Bloomberg) -- European finance ministers laid the groundwork for a financial lifeline to debt-stricken Greece, breaking a taboo against aid to cash-strapped governments in order to avert a crisis for the euro.
Extra rural doctors welcome but support needed Monday, March 15, 2010 @ 7:25PMDoctors say the Federal Government's initiative to send more GPs to rural and regional areas is welcome but warns that the plan is not a quick fix solution.
Roche dissects strong Paris-Nice performance Monday, March 15, 2010 @ 7:25PMNow in his sixth season as a professional, Nicolas Roche appears to be moving on to a new level with...
Kroger Recalls Powder, Pepper On Salmonella Fear Monday, March 15, 2010 @ 7:24PMKroger Recalls Powder, Pepper On Salmonella Fear
Australia Shares Gain, Helped By Airlines, Miners Monday, March 15, 2010 @ 7:24PMAustralia Shares Gain, Helped By Airlines, Miners
Telstra: Successful EUR1 Billion Benchmark Bond Issue Monday, March 15, 2010 @ 7:24PMTelstra: Successful EUR1 Billion Benchmark Bond Issue
Bigger Lipitor Dose Better For Some High-Risk Patients -Study Monday, March 15, 2010 @ 7:24PMBigger Lipitor Dose Better For Some High-Risk Patients -Study
Report traces demise of Lehman Brothers to accounting, asset moves, pressure from rivals Friday, March 12, 2010 @ 6:43AMEPALehman Brothers world headquarters in New York City in 2008.NEW YORK -- “Materially misleading” accounting gimmicks were among the factors that brought down Lehman Brothers two years ago, a report released Thursday shows, according to a report in The New...
Children never lost desire to share Friday, March 12, 2010 @ 6:42AMSeth Jenkins had a sold-out audience laughing last month as he joked about the unexpected benefits of chemotherapy.
Italian Stocks: Aeffe, Azimut, Eni, Generali, Intesa, UniCredit Friday, March 12, 2010 @ 6:42AMMarch 12 (Bloomberg) -- Italy’s benchmark FTSE MIB Index gained 134.28, or 0.6 percent, to 22,675.13 as of 12:43 p.m. in Milan. The gauge has gained 1.8 percent this week.
(AFX UK Focus) 2010-03-12 12:39 Spain exit from recession difficult -BBVA chairman Friday, March 12, 2010 @ 6:42AMMADRID, March 12 (Reuters) - Spain will be one of few economies to shrink in 2010 and its exit from the crisis will be difficult due to an unsustainable public deficit, Spanish bank BBVA's chairman said on Friday. "Spain's exit from the crisis is difficult because of its unsustainable public deficit, the explosive growth in public debt and the deterioration of a large part of the financial ...
Music | U.S. tour tests Russian orchestra Friday, March 12, 2010 @ 6:41AMWhen the great orchestras of Europe glide through the United States on tour, they stay at elegant hotels, play in grand spaces and sometimes eat on more than $100 a day.
House leader expects $100M less in funding Friday, March 12, 2010 @ 6:41AMJACKSON – House Appropriations Chair Johnny Stringer, D-Montrose, said Wednesday he fears that the Legislature will have $100 million less to appropriate for the upcoming fiscal year, which begins July 1.
Brazil’s Meirelles May Face High Court Probe Tax (Update1) Thursday, March 11, 2010 @ 8:04AMMarch 11 (Bloomberg) -- Brazil’s Prosecutor General asked the Supreme Court to pursue an investigation into alleged tax crimes by central bank President Henrique Meirelles , which analysts say may pose an obstacle to a possible run for elected office this year.
CU veterans' benefit money MIA Thursday, March 11, 2010 @ 8:04AMJonathan Swankie, a CU senior and Iraq war veteran, holds his letter from the Department of Veterans Affairs stating that he owes them $3,000. ( MARK LEFFINGWELL )
Feed Display Thursday, March 11, 2010 @ 8:04AMNo Feed URL specified. OTTAWA – With the Federation of Saskatchewan Indians' decision yesterday to turn financial control of First Nations University over to the University of Regina, federal New Democrats are today calling for Ottawa to reinstate its funding.
Call for inquiry voted down Thursday, March 11, 2010 @ 8:03AMNICK XENOPHON'S appeal for a parliamentary inquiry into Scientology collapsed into acrimony yesterday, amid claims it represented an attack on organised religion.
Twitter Becomes More Proactive About Phishing Thursday, March 11, 2010 @ 8:03AMTwitter is finally being proactive about the large number of phishing scams that have plagued the micro-blogging service in the past year. On Wednesday, Twitter introduced its own anti-phishing service designed to protect its users from these types of attacks.
Mental health base could close Thursday, March 11, 2010 @ 8:03AMThe base for community mental health services in Salford could close although bosses say there will be no reduction in service. Mental health bosses are proposing to close Cleveland House in Eccles Old Road as it is ‘no longer fit for purpose’.
Kumba in Talks on ArcelorMittal S.Africa Mine Rights (Update1) Thursday, March 11, 2010 @ 8:03AMMarch 11 (Bloomberg) -- Kumba Iron Ore Ltd. , a unit of Anglo American Plc , is in talks with South Africa’s government about the rights in the country’s Sishen mine that ArcelorMittal South Africa Ltd.
New Hope for Battling Brain Cancer (preview) Thursday, March 11, 2010 @ 8:03AMIn May 2006 Dwayne Berg woke up on a gurney in a Seattle emergency room, an IV in his arm and a team of doctors and nurses working him up. The last thing the 42-year-old financial executive could remember was running on a treadmill at his gym, part of his regular fitness regimen. He had suffered a seizure and tumbled off the machine, and although he had not hurt himself in the fall, doctors had ...