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China bank regulator says liquidity ample, debt risks manageable Friday, Jun 28, 2013 08:16 PM PDT | Top |
TV drama 'Ray Donovan' delivers flawed man as Hollywood's 'fixer' Friday, Jun 28, 2013 06:42 PM PDT | Top |
Reader's Digest publisher expects to emerge from bankruptcy by end: July Friday, Jun 28, 2013 05:35 PM PDT (Reuters) - The publisher of the Reader's Digest magazine said it expects to emerge from bankruptcy by the end of July after the bankruptcy court for the Southern District of New York approved its reorganization plan. The Reader's Digest Association Inc and its affiliates filed for Chapter 11 bankruptcy protection for the second time in less than four years in February, citing a greater-than-expected decline in the media industry. ... Full Story | Top |
U.S. approves a horse slaughterhouse, sees two more plants Friday, Jun 28, 2013 05:29 PM PDT WASHINGTON (Reuters) - A New Mexico meat plant received federal approval on Friday to slaughter horses for meat, a move that drew immediate opposition from animal rights group and will likely be opposed by the White House. The U.S. Agriculture Department said it was required by law to issue a "grant of inspection" to Valley Meat Co, Roswell, New Mexico, because it had met all federal requirements. Now, the USDA is obliged to assign meat inspectors to the plant. The USDA also said it may soon issue similar grants for plants in Missouri and Iowa. ... Full Story | Top |
Rolling Stones aim to give crowd satisfaction at Glastonbury Friday, Jun 28, 2013 05:13 PM PDT | Top |
Who makes the most in Obama's White House? Friday, Jun 28, 2013 04:59 PM PDT | Top |
Arctic Monkeys boost upbeat crowd as Glastonbury mud dries Friday, Jun 28, 2013 04:25 PM PDT | Top |
Judge scrutinizes Facebook deal to end privacy lawsuit over ads Friday, Jun 28, 2013 03:55 PM PDT | Top |
Fed's Stein puts focus on September as time to assess QE3 Friday, Jun 28, 2013 03:54 PM PDT | Top |
Barrick slows work at Pascua-Lama; defers costs Friday, Jun 28, 2013 03:50 PM PDT TORONTO (Reuters) - Barrick Gold Corp said on Friday it is slowing construction at its Pascua-Lama gold project in South America, as it looks to rein in spending on the severely delayed project, already billions of dollars over budget. The company said re-sequencing of the project will lead to significant deferral of planned capital spending in 2013 and 2014. Barrick now expects to reduce capital expenditures on the project in 2013 and 2014 by a total of $1.5 to $1.8 billion. ... Full Story | Top |
Former Swiss banker pleads guilty to U.S. tax evasion Friday, Jun 28, 2013 03:48 PM PDT By Douwe Miedema WASHINGTON (Reuters) - A former Swiss banker faces up to five years in jail after pleading guilty to dodging U.S. taxes and paying a $1.5 million fine before being sentenced, the U.S. Department of Justice said on Friday. Pius Kampfen, who worked for Switzerland's Julius Baer for 40 years and worked in California as the bank's senior West Coast representative of San Francisco, kept accounts at a number of Swiss-based banks until long after he retired in 2001, but failed to report those on his U.S. tax returns. ... Full Story | Top |
Publisher scraps Paula Deen's top-selling cookbook before release Friday, Jun 28, 2013 03:43 PM PDT | Top |
BET kicks off live music festival with Beyonce ahead of awards Friday, Jun 28, 2013 03:36 PM PDT | Top |
Fitch affirms U.S. AAA rating but outlook still negative Friday, Jun 28, 2013 03:35 PM PDT By Daniel Bases NEW YORK (Reuters) - Fitch Ratings on Friday affirmed the United States' top level credit rating at AAA but held the outlook at negative, saying still-elevated debt levels leave the country vulnerable to shocks without more deficit reduction. The affirmation reflects strong economic and credit fundamentals, the firm said in a statement. In addition, Fitch cited the decline in the federal budget deficit to levels "consistent with debt stabilization." U.S. market reaction was muted by the late hour of the announcement. Benchmark 10-year U.S. ... Full Story | Top |
TAKE A LOOK - San Francisco hosts high-tech America's Cup Friday, Jun 28, 2013 03:32 PM PDT The 34th America's Cup regatta will be held this summer on San Francisco Bay.Oracle co-founder and CEO Larry Ellison, the winner of the 2010 America's Cup,earned the right to chose the location, ground rules and boat design this year.He specified that racing will be held near shore on extremely fast and fragile72-foot catamarans, a format designed to increase the excitement and spectatorappeal of the event. ... Full Story | Top |
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