Search Results for “debt”

Australia may intervene in surrogate baby case 08/04/2014 09:06pm • ROD McGUIRK Associated Press CANBERRA, Australia (AP) -- Seven-month-old Gammy, who was born with Down syndrome and a congenital heart condition, is being cared for by his young Thai surrogate mother after his Australian biological parents left him behind in Thailand, taking home only his healthy tw

Juncker: Greece offered example to Argentina 08/04/2014 01:26pm • DEREK GATOPOULOS Associated Press ATHENS, Greece (AP) -- Greece's recent efforts to get its public finances into shape could have been the model for recently defaulted Argentina to follow.That's the view of Jean-Claude Juncker, the man who is due to take over the European Union's executive branch in

Not so golden: Wealth gap lasting into retirement 08/04/2014 11:32am • MICHAEL HILL Associated Press William Kistler views retirement like someone tied to the tracks and watching a train coming. It's looming and threatening, but there's little he can do.Kistler, a 63-year-old resident of Golden, Colorado, has been unable to build up a nest egg for himself and his wife

Will buy start again?...World markets edge higher...Portuguese bank rescue 08/04/2014 07:40am • NEW YORK (AP) -- There's a big question waiting to be answered today on Wall Street: Will investors step in to buy stocks after a major fall in the market last week, its worst week in two years? The S&P 500 fell 2.7 percent. The broad index lost 5 ½ points to close at 1,925 on Friday. The Dow Jones

Haggis a potent symbol as Scotland decides future 08/04/2014 04:16am • JILL LAWLESS Associated Press EDINBURGH, Scotland (AP) -- It's not much of an exaggeration to say that Jo Macsween has haggis in her blood. The business founded by her butcher grandfather is a leading purveyor of Scotland's national dish: a blend of offal, oats and spices, traditionally served in a

Portugal puts up $6.6 BN to save ailing bank 08/03/2014 08:10pm • BARRY HATTON Associated Press LISBON, Portugal (AP) -- Portuguese authorities are providing 4.9 billion euros ($6.6 billion) in an emergency rescue to prevent the collapse of ailing bank Banco Espirito Santo, one of the eurozone country's oldest and biggest financial institutionsBank of Portugal gov

Moody's upgrades Greece's credit rating 08/02/2014 10:20am • DEREK GATOPOULOS Associated Press ATHENS, Greece (AP) -- Moody's ratings agency late Friday upgraded Greece's government bond rating, predicting a gradual decline of its massive national debt.The agency is also citing a continued commitment by the bailed out country's conservative-led government to

Scientific Games strikes $3.3B deal to buy Bally 08/01/2014 07:54pm • NEW YORK (AP) -- Scientific Games plans to pay about $3.3 billion to buy Bally Technologies in a deal that would combine makers of gambling equipment ranging from slot machines to instant-win lottery games.The electronic gambling machine maker said Friday that it will pay $83.30 for each share of Ba

Stocks down again...Oil price drops... Berkshire Hathaway profit soars 08/01/2014 07:10pm • NEW YORK (AP) -- The stock market is closing out its worst week in two years. Traders moved money into investments traditionally seen as having lower risk, such as U.S. government bonds, gold and utility stocks. The Dow industrials lost 70 points, or 0.4 percent, closing at 16,493. The S&P 500 fell

Allergan sues Valeant, claims fraud in buy attempt 08/01/2014 06:39pm • LINDA A. JOHNSON AP Business Writer TRENTON, N.J. (AP) -- Botox and eye-drug maker Allergan is suing a Canadian drugmaker and a hedge fund over their hostile takeover attempt, alleging insider trading and other fraud before their plan became public.Allergan Inc.'s lawsuit, filed Friday in U.S. Distr

US judge scolds Argentina over debt crisis remarks 08/01/2014 06:00pm • LARRY NEUMEISTER Associated Press NEW YORK (AP) -- A U.S. federal judge Friday urged Argentina to resume negotiations "as promptly as possible" to resolve its debt crisis and said the South American nation's officials must stop publicly uttering what he described as "half-truths" that mislead people

LinkedIn and Tesla are big market movers 08/01/2014 05:40pm • NEW YORK (AP) -- Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:NYSEBally Technologies Inc., up $17.53 to $77.70The gambling equipment maker is being bought by rival Scientific Games Corp. in a deal worth $5.1 billion, including de

As US job market strengthens, many don't feel it 08/01/2014 09:06am • JOSH BOAK AP Economics Writers WASHINGTON (AP) -- For millions of workers, happy days aren't quite here again.Though the U.S. unemployment rate has plunged since the start of last year to a five-year low of 6.1 percent, the Gallup Organization has found that consumers' view of the economy is the glu

Md. firm reportedly leaves customers, employees high and dry 08/01/2014 02:44am • WASHINGTON -- Shea Winpigler is hoping to make it big in entertainment. The broadcast journalism major at the University of Maryland found a summer job that she thought would be a good fit: working at InterFACE, a talent marketing firm that claims on its website that it's helped "over 10,000 peo