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Progressive Voice: The Accountability Effect 05/08/2014 01:00pm • Progressive Voice is a weekly opinion column. It is written by a rotating group of contributors. The views and opinions expressed in this column are those of the author and do not necessarily reflect the views of ARLnow.com. We seem, unfortunately, to live in a world of sound bite politics. In that European Central Bank hints at action in June 05/08/2014 12:28pm • DAVID McHUGH Associated Press BRUSSELS (AP) -- European Central Bank President Mario Draghi strongly hinted Thursday that the eurozone's top monetary authority could take action next month to counter persistently low inflation and strengthen the recovery amid worries about the crisis in Ukraine.The US consumer borrowing rose $17.5 billion in March 05/08/2014 05:06am • MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) -- Consumers increased their borrowing in March by the largest amount in more than a year, using their credit cards and taking out more auto and student loans.Consumer borrowing increased $17.5 billion in March, up from a gain of $13 billion in F Shuttered Va. college extends auction deadline 05/08/2014 04:10am • LAWRENCEVILLE, Va. (AP) -- St. Paul's College trustees are hopeful a deadline extension will stir a buyer for the Lawrenceville campus.The board has extended until June 25 the deadline for bids to buy the campus. The initial deadline was April 9 and several parties requested more time.Located in National Australia Bank posts 16 pct profit hike 05/07/2014 09:59pm • SYDNEY (AP) -- National Australia Bank Ltd., one of Australia's biggest lenders, on Thursday posted a 16 percent increase in half-year profit to 2.86 billion Australian dollars ($2.67 billion), helped by a reduction in bad debts and an improving British economy.The statutory profit for the six month Argentine carmakers suspend staff as sales plunge 05/07/2014 05:50pm • MICHAEL WARREN Associated Press BUENOS AIRES, Argentina (AP) -- Argentine automakers are reducing production and suspending factory workers as sales plunge because of a gathering storm of economic trouble.Most Argentine cars are exported to Brazil, where sales are down in a slowing economy. Meanwhil Mondelez and DE Master combining coffee businesses 05/07/2014 02:14pm • DEERFIELD, Ill. (AP) -- Mondelez and D.E. Master Blenders will link their coffee businesses together as Mondelez concentrates increasingly on its snack foods division and cost cutting.The deal is part of a $3.5 billion restructuring program underway at Mondelez that is projected to create $1.5 billi Fiat shares shed 10 pct on plan financing concerns 05/07/2014 01:48pm • COLLEEN BARRY AP Business Writer MILAN (AP) -- Fiat shares sank more than 11 percent Wednesday as investors expressed skepticism over a new business plan to launch Fiat Chrysler Automobiles as a leading global player.Analysts said that the ambitious plan to invest 48 billion euros ($67 billion) to b Fiat shares shed 10 pct on plan financing concerns 05/07/2014 01:48pm • COLLEEN BARRY AP Business Writer MILAN (AP) -- Fiat shares sank more than 11 percent Wednesday as investors expressed skepticism over a new business plan to launch Fiat Chrysler Automobiles as a leading global player.Analysts said that the ambitious plan to invest 48 billion euros ($67 billion) to b Religion news in brief 05/07/2014 12:22pm • The Associated Press First openly gay Episcopal bishop divorces husbandCONCORD, N.H. (AP) -- The first openly gay bishop in the Episcopal church and the global Anglican Communion has announced he is divorcing his husband.Retired Bishop Gene Robinson announced that he is divorcing Mark Andrew in an Greek PM says won't seek more bailout money 05/07/2014 06:56am • ATHENS, Greece (AP) -- Greece's prime minister says the debt-strapped country will not ask for any additional bailout money and hopes to begin abolishing austerity taxes later this year.In an interview with private Antenna television, Antonis Samaras said Tuesday that Greece would not seek additiona Slowing Chinese economy likely to pinch US, too 05/07/2014 05:32am • PAUL WISEMAN AP Business Writers WASHINGTON (AP) -- After watching China narrow the U.S. lead as the world's largest economy, Americans might be tempted to cheer signs that the Chinese economy might be stumbling.Any schadenfreude would be short-sighted.In an interconnected global economy, bad news f Boehner to face college professor in US House bid 05/07/2014 12:20am • HOPE YEN Associated Press WASHINGTON (AP) -- House Speaker John Boehner defeated two tea party challengers Tuesday in his bid for a 13th term in Congress, brushing aside some GOP discontent over his leadership in Washington.Boehner easily beat high school teacher J.D. Winteregg and businessman Eric Jamaica gets new lending program from World Bank 05/06/2014 09:41pm • DAVID McFADDEN Associated Press KINGSTON, Jamaica (AP) -- Jamaica will receive $510 million under a new four-year lending program that is part of an economic reform initiative led by the struggling country's government, the World Bank's Caribbean director said Tuesday.At a news conference in the cap Fiat losses widen on Chrysler deal 05/06/2014 07:11pm • COLLEEN BARRY AP Business Writer MILAN (AP) -- Fiat SpA's deal to complete its purchase of Chrysler helped widen first-quarter losses, the Italian carmaker reported Tuesday following a daylong presentation in Detroit of its new five-year business plan for the combined automakers.The Italian carmaker
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