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Archive for June 22nd, 2012

  • Auditors: Spain bank bailout could cost up to $78B

    June 22, 2012 • BusinessComments Off

    A man reads news paper collages during a trade unions demonstration against the government Economic measures and new labor reforms in central Madrid, Wednesday, June 20, 2012. After years of insisting its banks were among the healthiest in Europe, Spain...

  • Texas AG accuses Google of withholding evidence

    June 22, 2012 • BusinessComments Off

    FILE – In this July 25, 2011 file photo, Texas Attorney General Greg Abbott talks with the media as he leaves the Tom Green County Courthouse, in San Angelo, Texas. Abbott is accusing Google of improperly withholding evidence sought in an investigation...

  • IMF head warns of 'acute stress' in Europe

    June 22, 2012 • BusinessComments Off

    Spain’s Economy Minister Luis de Guindos gestures during a news conference at the Ministry of Economy and Competitiveness in Madrid, Spain, Saturday, June 9, 2012. Spain asked for a European rescue of its troubled banks holding an emergency conference...

  • Lawmaker: Ellison plans no major upset on Lanai

    June 22, 2012 • BusinessComments Off

    FILE – In this Feb. 23, 2006 file photo David Murdock speaks during a groundbreaking ceremony for the North Carolina Research Campus in Kannapolis, N.C. Murdock who is selling 98 percent of the Hawaiian island of Lanai to Oracle CEO Larry Ellison says...

  • Moody's cuts credit ratings of 15 major banks

    June 22, 2012 • BusinessComments Off

    FILE – In this May 11, 2012 file photo, people stand in the lobby of JPMorgan Chase headquarters in New York. Moody’s Investors Service on Thursday, June 21, 2012 lowered the credit ratings of 15 the world’s largest banks late Thursday,...

  • Bad reports give Dow its second-worst day of year

    June 22, 2012 • BusinessComments Off

    Traders work on the floor of the New York Stock Exchange, Thursday, June 21, 2012 in New York. A quiet start on Wall Street quickly turned into a rout Thursday as the bad news piled up including the Philadelphia branch of the Federal Reserve reporting a sharp...

  • Ex-Stanford executive pleads guilty to obstruction

    June 22, 2012 • BusinessComments Off

    FILE – In this June 25, 2009, file photo, Laura Pendergest-Holt, former chief investment officer for Stanford Financial Services, arrives at the federal courthouse in Houston. Pendergest-Holt pleaded guilty Thursday, June 21, 2012, for her role in...

  • June 22, 2012 • State NewsComments Off

    CORRALES, N.M. (AP) — A wildfire in a wooded area along the Rio Grande on the northern edge of New Mexico’s largest city has charred about 360 acres. Authorities say the fire continues to burn on both the east and west sides of the river but is a...

  • NM judge expects delay in move to new courthouse

    June 22, 2012 • State NewsComments Off

    SANTA FE, N.M. (AP) — A new district courthouse in Santa Fe likely will sit vacant for several months early next year because a state board led by Gov. Susana Martinez won’t provide an emergency loan to pay for furniture and computer. Judges and court...

  • NM education department won't delay school grades

    June 22, 2012 • State NewsComments Off

    SANTA FE, N.M. (AP) — Gov. Susana Martinez’s administration is rejecting a call to postpone A-F grades for more than 800 public schools. The Las Cruces Sun-News reports (http://bit.ly/NTWjaA ) that the state Public Education Department said Wednesday...