Sunday, May 26, 2013

Daily News: Reuters Health News Headlines - Texas lawmakers pass budget restoring money cut from schools

Sunday, May 26, 2013 08:19 PM PDT

Texas lawmakers pass budget restoring money cut from schools 
Sunday, May 26, 2013 08:19 PM PDT
By Corrie MacLaggan AUSTIN, Texas (Reuters) - Texas lawmakers on Sunday gave final approval to a two-year budget that restores money cut from schools in 2011, adds funds for mental health services and calls for an 8.3 percent increase in state spending over the previous cycle. The Republican-majority House on Sunday voted, 118-29, to send Governor Rick Perry the $94.6 billion spending plan for 2014-2015. The Senate, which also has a Republican majority, approved it on Saturday on a 27-4 vote. The total budget, including federal funds, is $196.9 billion, a 3.7 percent increase. ...
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Ford's profits will accelerate as Europe improves: Barron's 
Sunday, May 26, 2013 05:13 PM PDT
The Ford Motor Company logo is shown during the firm's annual meeting of shareholders in WilmingtonNEW YORK (Reuters) - Shares of Ford Motor Co have surged nearly 40 percent over the past year, but the company isn't yet firing on all cylinders, said Barron's in its May 27 edition. Last quarter, Ford's pretax profit in North America reached the highest level in a decade, but losses in Europe widened. The good news is that demand in Europe appears close to bottoming out, and may have done so already, Barron's said. As the continent becomes less of a drag, the stock could climb another 50 percent over the next two years, Barron's said. Ford shares finished at $14. ...
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