More Furloughs Possible for California
Date: 27 June 2009
By Bloomberg News
Bloomberg News
Gov. Arnold Schwarzenegger said he would order some 200,000 state workers to take a third furlough day every month if lawmakers could not close a $24 billion deficit.
Full Article
G.E. Is Building a Center for Research Near Detroit
Date: 27 June 2009
By Bloomberg News
Bloomberg News
The center hopes to put former auto industry engineers and scientists to work in manufacturing research, including wind turbine technology.
Full Article
TMZ Was Far Ahead in Reporting Death
Date: 27 June 2009
By Brian Stelter
Brian Stelter
TMZ, a celebrity news Web site, reported Michael Jackson’s death well ahead of traditional news outlets, which hesitated to follow suit.
Full Article
Two Banks Re-enter the Jumbo Mortgage Business
Date: 27 June 2009
By Bloomberg News
Bloomberg News
JPMorgan Chase and Citigroup are expanding their “jumbo” mortgage businesses used to buy the most expensive homes.
Full Article
Competing Against Foreclosures, KB Home Posts Loss
Date: 27 June 2009
By Bloomberg News
Bloomberg News
KB Home, the Los Angeles-based home builder that caters to first-time buyers, fell 9.1 percent after reporting a wider quarterly loss than analysts expected.
Full Article
Palm’s Smaller Loss Pushes Share Price Up
Date: 27 June 2009
By Bloomberg News
Bloomberg News
Palm, maker of the new Pre smartphone, had its best day in five months in Nasdaq trading after reporting a smaller loss than analysts had estimated and spending less cash.
Full Article
For Bahais, a Crackdown Is Old News
Date: 27 June 2009
By Samuel G. Freedman
Samuel Freedman
For the 165,000 Bahais in the United States, many refugees from Iran, the questionable election and suppression of protesters are grim confirmation of the government’s character.
Full Article
The Bad News Browns: Jurevicius Sues
Date: 27 June 2009
By Toni Monkovic
Toni Monkovic
Joe Jurevicius is suing the Browns because of a staph infection he said was caused by the team’s negligence.
Full Article
‘Buy American’ Waiver for Computer Components
Date: 27 June 2009
By Bloomberg News
Bloomberg News
Cisco Systems, Alcatel-Lucent and other companies do not have to follow “buy American” rules for some computer components supplied under a $4.7 billion program to build high-speed Internet lines.
Full Article
The Bad News Browns: Jurevicius Sues
Date: 27 June 2009
Joe Jurevicius is suing the Browns because of a staph infection he said was caused by the team's negligence.
Full Article