Thursday, July 17, 2008
Senate report says wealthy use foreign banks to evade taxes
NEWS
NATO: Senior Taliban commander killed in airstrike
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NATO reported Thursday that a senior Taliban commander has been killed
and Afghan officials said an airstrike left at least 10 insurgents dead
and four civilians wounded.
Pope: World's natural resources are being squandered
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The world's natural resources are being squandered in the pursuit of
"insatiable consumption," Pope Benedict XVI warned in a speech Thursday
that also slammed television and the Internet for exalting violence as
entertainment.
President Bush set to survey California wildfires
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The White House said President Bush will visit Northern California on
Thursday to get a first-hand look at the wildfires that have ravaged
hundreds of square miles and strained the state's firefighting
resources.
MONEY
Apple's new App Store for iPhone stuff is addictive
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Some are useful. Many frivolous. A bunch will waste your time. Not that
there's anything wrong with that. Bottom line: The App Store turns the
iPhone into an important new computing platform.
Senate report says wealthy use foreign banks to evade taxes
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A Senate report set for release Thursday asserts that Swiss banking
giant UBS and LGT, a large bank in the tiny European principality of
Liechtenstein, actively helped wealthy American clients evade federal
taxes. Since 2001, the banks collectively held thousands of U.S. client
accounts with billions of dollars in assets that weren't reported to the
IRS, according to the report by the Senate Permanent Subcommittee on
Investigations.
Tuesday, July 15, 2008
GM suspends dividend, cutting 20% of salaried costs, to boost liquidity by $15 billion
GM suspends dividend, cutting 20% of salaried costs, to boost liquidity
by $15 billion
7/15/2008 8:36:19 AM
Fed Chairman Bernanke says housing, financial strains and energy costs will continue to drag on the economy.
Fed Chairman Bernanke says housing, financial strains and energy costs
will continue to drag on the economy.
=?UTF-8-STRICT?Q?Bush:_=E2=80=98Difficult_time_for_many_families?= =?UTF-8-STRICT?Q?=E2=80=99_=E2=80=93_Calls_on_Congress_to_pass_Fannie,_Fr?= =?UTF-8-STRICT?Q?eddie_rescue_plan_'in_its_entirety.'?=
Bush: 'Difficult time for many families' – Calls on Congress to
pass Fannie, Freddie rescue plan 'in its entirety.'
Monday, July 14, 2008
News Alert! Bush To Lift Executive Ban On Offshore Drilling
The White House says President Bush will lift the executive ban on
offshore drilling and call on Congress to do the same.
Freddie Mac $3 billion debt offering of 3-month and 6-month bills prices higher than expected, Dow Jones reports.
Freddie Mac $3 billion debt offering of 3-month and 6-month bills prices
higher than expected, Dow Jones reports.
Sunday, July 13, 2008
U.S. moves to rescue Fannie Mae, Freddie Mac
U.S. moves to rescue Fannie Mae, Freddie Mac
7/13/2008 6:16:02 PM
