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Archive for May 27th, 2012

  • Spain’s lender Bankia says it won’t need more aid

    May 27, 2012 • BusinessComments Off

    Bankia’s president, Jose Ignacio Goirigolzarri, speaks during a press conference at the bank’s headquarters in Madrid, Saturday, May 26, 2012. Spain’s troubled bank, Bankia, has asked the Spanish government for 19 billion euro ($23.8...

  • Michigan open for fireworks; hundreds get permits

    May 27, 2012 • BusinessComments Off

    Obama-Mania fireworks are shown at Southgate Fireworks in Southgate, Mich., Thursday, May 24, 2012. More than 400 permits have been issued to people who want to sell fireworks that had been banned for years in the state. Bottle rockets, aerial cakes,...

  • Embittered Facebook investors ponder next move

    May 27, 2012 • BusinessComments Off

    FILE – In this May 21, 2012 file photo, television correspondent Sabrina Quagliozzi reports from inside the Nasdaq MarketSite in New York’s Times Square. To say that Facebook’s debut as a public company was bungled is something like saying...

  • FACT CHECK: Obama off on thrifty spending claim

    May 27, 2012 • BusinessComments Off

    President Barack Obama speaks at a campaign grassroots event at the Iowa state fairgrounds, in Des Moines, Iowa, Thursday, May 24, 2012. (AP Photo/Nati Harnik) WASHINGTON (AP) — The White House is aggressively pushing the idea that, contrary to widespread...

  • For something so simple, pasta is serious business

    May 27, 2012 • BusinessComments Off

    A group of women taste pasta in a hotel conference room in Rome, Friday, May 18, 2012. Pasta sales worldwide have grown steadily over the past three years. Pasta is serious business in Italy, and a recent blind taste test organized by the world’s...

  • IMF chief Lagarde: Little sympathy for Greece

    May 27, 2012 • BusinessComments Off

    A European Union flag flies outside the Stock Exchange in Athens on Friday, May 25, 2012. Uncertainty over Greece’s future in the eurozone has hammered markets ahead of June 17 general elections in the crisis-hit country. The Greek share index touched...

  • McKinley County ordered to hire outside accountant

    May 27, 2012 • State NewsComments Off

    GALLUP, N.M. (AP) — McKinley County has been ordered to hire an outside accountant to conduct a special audit based on the state’s questionable findings with a contractor. New Mexico State Auditor Hector Balderas told the Gallup Independent on Friday...

  • Police: NM man stole chickens from children

    May 27, 2012 • State NewsComments Off

    ALBUQUERQUE, N.M. (AP) — An Albuquerque man is facing charges after police said he stole chickens from Montessori school children. KOB-TV reports (http://bit.ly/KieKU2) that Harvey Aragon Jr. was arrested this week and was found hiding in a downtown...

  • NM jail official in bribes case avoids jail

    May 27, 2012 • State NewsComments Off

    ALBUQUERQUE, N.M. (AP) — A former New Mexico jail officer who authorities said took cash from inmates to let them out has avoided jail time. Vincent Peele was sentenced Friday to five years of probation and 500 hours of community service for taking bribes...

  • Navajo panel opposing NM school district split

    May 27, 2012 • State NewsComments Off

    FARMINGTON, N.M. (AP) — The Navajo Nation Human Rights Commission is opposing a proposed split of a large school district in the Four Corners. The Farmington Daily Times reports (http://bit.ly/JV0IZN) that the panel said Friday that a split of the Central...