Strauss-Kahn ex-lover says ready to testify (AFP) AFP – A Frenchwoman claiming to be an ex-lover of former IMF chief Dominique Strauss-Kahn said she would testify in the scandal over attempted rape charges against him if asked, in comments published Sunday.
Continue reading …HSBC heads for billion profit as revamp takes shape (Reuters) Reuters – HSBC Holdings Plc should unveil a half-year profit of near $ 11 billion on Monday, flat from a year earlier as weak investment bank trading and wobbly U.S. and European economies offset growth in Asia.
Continue reading …Pensions recover but weak growth a threat: OECD (AFP) AFP – Pension funds have recovered from the darkest days of the financial crisis, clawing back more than 80 percent of the value lost in 2008, the OECD said this week.
Continue reading …Explosion at Mexican oil refinery kills two (Reuters) Reuters – An explosion ripped through Mexico’s second-largest oil refinery on Saturday, causing a massive fire and killing two workers, though production was not affected, state oil monopoly Pemex said.
Continue reading …Obama, Automakers Agree to Increase 2025 Fuel Economy to 54.5 MPG (ContributorNetwork) ContributorNetwork – President Barack Obama announced Friday an agreement with 13 major automakers, which account for over 90 percent of all vehicles sold in the U.S., to begin the next phase of the Obama administration’s national vehicle program. Ultimately the agreement will increase [...]
Continue reading …Ohio Prison Director Gary Mohr’s Reorganization Plan Saves Taxpayers Millions (ContributorNetwork) ContributorNetwork – Ohio Department of Rehabilitation and Corrections Director Gary Mohr has been very busy saving taxpayer money this summer. While the outlook is not entirely sunny, it is far less bleak than what it was a year ago. The economic downturn which has [...]
Continue reading …Ohio Prison Director Gary Mohr’s Reorganization Plan Saves Taxpayers Millions (ContributorNetwork) ContributorNetwork – Ohio Department of Rehabilitation and Corrections Director Gary Mohr has been very busy saving taxpayer money this summer. While the outlook is not entirely sunny, it is far less bleak than what it was a year ago. The economic downturn which has [...]
Continue reading …Explosion at Mexican oil refinery kills two (Reuters) Reuters – An explosion ripped through Mexico’s second-largest oil refinery on Saturday, causing a massive fire and killing two workers, though production was not affected, state oil monopoly Pemex said.
Continue reading …How different parts of the economy fared (AP) AP – How different parts of the economy fared
Continue reading …Debt and data suggest more losses (Reuters) Reuters – Stocks are likely to face more selling pressure next week as the Tuesday deadline draws near for raising the U.S. debt ceiling and Washington remains paralyzed by political brinkmanship.
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