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Dollar soars, stocks set new highs on Fed stimulus exit talk
ReutersNEW YORK (Reuters) - The U.S. dollar soared against major currencies on Friday on growing speculation that the Federal Reserve could soon begin to rein in its bond-buying program and after data showed U.S. consumer sentiment hit an almost six-year high in...Tags: Stock Activities, Citigroup Incorporated, Economy, Business and Finance, General Motors Corp., Earnings
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HD cities team up to lure commerce
Daily Press, Victorville, Calif.High Desert communities have banded together for the world's largest retail trade convention, hoping to bring new business and development to the area. Representatives of all four cities of the Victor Valley plus Barstow will come together for the first...Tags: Homes
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Deal bolsters prospects for stalled marina project
A stalled residential marina development in Blue Island has been purchased by a south suburban company that built its name rehabbing foreclosed homes. Tinley Park-based Mack Cos. acquired 27 acres at Fay's Point, on a peninsula between the Cal-Sag...
Tags: Foreclosures, Condos and Houses, MB Financial Inc., Finance, Services and Shopping
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DFX featured on workplace TV series
Orange County RegisterDFX Sports and Fitness, an exercise device manufacturer in Anaheim, will be featured on two upcoming episodes of "Does Someone Have to Go?" The Fox reality show debuts next week. In the show, company bosses allow workers to make decisions that can...Tags: Business, Lifestyle and Leisure, Emulex Corporation, Orange County Register, Entertainment
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Housing group praises Eric Garcetti, criticizes Wendy Greuel
Los Angeles Daily NewsA Los Angeles tenants advocacy group praised mayoral candidate Eric Garcetti in a report card this week, but said rival Wendy Greuel failed to stop developers from ousting renters in her east San Fernando Valley district. The Coalition for Economic...Tags: Condos and Houses, Eric Garcetti, Rental Service, Political Candidates, Condos
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Channelside dispute turns personal for Port Authority, potential buyers
Tampa Bay Times, St. Petersburg, Fla.The sale of Channelside Bay Plaza is stymied by more than just a business dispute. Now it's getting personal. The Tampa Port Authority and the Liberty Channelside LLC ownership group are divided over the port's demand that Liberty put up $8 million in...Tags: Port of Tampa, Port Authority of New York and New Jersey, Tampa, Saint Petersberg (Russia), Regional Authority
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Profits are up, but low interest rates put pressure on banks
St. Louis Post-DispatchAfter some dismal performances during the economic downturn, most local banks are growing profits again. The more than 80 locally chartered retail banks and thrifts in the St. Louis region reported $77.2 million in profits in the first quarter that...Tags: Money and Monetary Policy, Business, Economy, Business and Finance, Services and Shopping, Real Estate
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Beyond the reach of banks, Indians targeted by outlaw fund scams
ReutersMUMBAI/KOLKATA (Reuters) - Dalia Ghosh, a 28-year-old nurse in the eastern Indian city of Kolkata, invested her savings in an unlicensed fund run by media conglomerate Saradha Group last year, hoping to start her own clothes business. But Saradha went...Tags: Money and Monetary Policy, World Bank Group, Economy, Business and Finance, Government, Corporate Crime
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REFILE-Beyond the reach of banks, Indians targeted by outlaw fund scams
Reuters(Fixes spelling of central bank governor's first name) By Swati Pandey and Sujoy Dhar MUMBAI/KOLKATA, May 17 (Reuters) - Dalia Ghosh, a 28-year-old nurse in the eastern Indian city of Kolkata, invested her savings in an unlicensed fund run by media...Tags: Money and Monetary Policy, World Bank Group, Economy, Business and Finance, Corporate Crime, Government
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Parking ramps key to Ryan Cos. $400 million Minneapolis project
Star TribuneA $400 million vision for a glittering new east side for downtown Minneapolis, complete with an enticing two-block city park and two corporate towers, is heavily dependent on landing a parking contract. Minneapolis developer Ryan Cos. must win the...Tags: Tourism and Leisure, Travel, Gardens and Parks
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BRIEF: Pizza Hut on 29 sold, will relocate
The Daily Progress, Charlottesville, Va.The Pizza Hut building at 1718 Seminole Trail in Albemarle County has been sold, commercial real estate company Cushman & Wakefield -- Thalhimer announced Thursday. The company says the 2,550-square-foot building sold for $745,000 as an investment....Tags: Lifestyle and Leisure, Foods and Beverages, Pizzas, Charlottesville (Charlottesville, Virginia)
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Major Saudi firms in Forbes Top 500 list
Arab News, Jeddah, Saudi ArabiaWith the support of Sheikh Nahyan Mabarak Al Nahyan, the UAE's minister for culture, youth and community development, Forbes Middle East hosted a prestigious event at Ritz Carlton, Abu Dhabi on Tuesday, in recognition of The Top 500 Companies in the...Tags: Business Enterprises, Jeddah (Saudi Arabia), Saudi Arabia, United Arab Emirates, Waterway and Maritime Transportation Industry
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|Story| Reuters
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|Story| McClatchy-Tribune
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|Column| Chicago Tribune
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