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CincinnatiSun.com Saturday 31st July 2010 Edition 212/8
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Wall Street withstands lower GDP figureWall Street withstands lower GDP figure
The major indices finished flat Friday despite a weaker than expected GDP figure for the June...


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$718 million deposits at LibertyBank seized by state regulator $718 million deposits at LibertyBank seized by state regulator
The more than 25-year old bank was shut on Friday as the FDIC took over as...
Incoming BP CEO vows long term support for Gulf residentsIncoming BP CEO vows long term support for Gulf residents
BP will begin scaling back its oil containment efforts, CEO-elect Robert Dudley told reporters on his first trip to the Gulf since the board...
Coastal Community and Apalachicola State Bank closed Coastal Community and Apalachicola State Bank closed
The banks origins date back to 1897 when Apalachicola State Bank was...
June quarter GDP comes in lower than expectedJune quarter GDP comes in lower than expected
First quarter growth was revised upwards to an annualised 3.7% growth...
Spain unemployment double EU averageSpain unemployment double EU average
Spain's economy continues to take a hammering with the latest unemployment figures showing the highest levels in thirteen...
Cowlitz and Bay Bank branches in Washington and Oregon closedCowlitz and Bay Bank branches in Washington and Oregon closed
Bank branches across Washington and Oregon were closed on Friday as the Cowlitz Bank group...
BA fails to make profit in second quarterBA fails to make profit in second quarter
BA has reported a loss of over £200 million in the second quarter of 2010, but still sees breakeven or profit for end of...
Centennial Bank takes over troubled Bayside Savings BankCentennial Bank takes over troubled Bayside Savings Bank
Bayside Savings Bank is the third bank to fail in Florida in the past...
NorthWest Bank and Trust is terminatedNorthWest Bank and Trust is terminated
The NorthWest Bank and Trust, of Acworth, Georgia is no...
Officials pinpoint spot where pipeline broke, causing huge Kalamazoo River oil spill in Mich.
MARSHALL, Mich. - Officials say they've located the pipeline break that caused hundreds of thousands of gallons of oil to spew into a major river in southern Michigan. An official with the Canadian...
FDIC Shuts Banks in Fla., Ga., Ore., Wash.
(AP) Regulators on Friday shut banks in Florida, Georgia, Oregon and Washington, lifting to 108 the number of U.S. banks to fail this year as the industry has struggled to cope with mounting loan...
Salazar Tours Rigs in Gulf, Keeps Drill Ban
Interior Secretary Ken Salazar, right, looks at blowout preventer controls as he tours the Murphy Front Runner deep water oil drilling rig off the coast of Louisiana on...
Japanese User Claims Twitter's 20 Billionth Tweet
Twitter's 20 billionth message didn't make much sense, but it spoke volumes about the rapid global growth of the microblogging service. It came at 12:44 a.m. Sunday (1544 GMT, 11:44 a.m. EDT...
Oil Spill Taints UC Berkeley's BP-Funded Research
In this July 30, 2010 photo, demonstrator Gene Bernardi holds a sign during a protest in Berkeley, Calif., to mark the 100th day anniversary of BP oil spill. BP's catastrophic oil spill in the Gulf...
Mass. House Approves Casino Gambling Bill
The Massachusetts House voted Saturday for a compromise bill that would create the most sweeping expansion of gambling in the state in four decades, even as Gov. Deval Patrick vowed not to sign the...
Suit: Jewel-Osco parent used 'dirty tricks' to block Wal-Mart
BY JOHN ROSZKOWSKI Pioneer Press A federal lawsuit has been filed against SuperValu, the parent company of Jewel-Osco, by the developer of a proposed shopping center in north suburban Mundelein...
Mass. House approves casino gambling bill, Senate considering; Governor against measure
BOSTON - The Massachusetts House voted Saturday for a compromise bill that would create the most sweeping expansion of gambling in the state in four decades, even as Gov. Deval Patrick vowed not to...
Obama says he'll call GOP's bluff on deficit talk and offer `a bunch of ideas' of his own
WASHINGTON - President Barack Obama has a warning for Republicans who denounce the federal deficit but reject proposals to cut it. Obama tells CBS, "I'm going to call them on their...
Analyst Research on JPMorgan , MetLife , Citigroup , UBS AG and Many More Available Free at BedfordReport.com
TORONTO--(Marketwire - July 30, 2010) - The Bedford Report is pleased to announce that its latest Market Update analyzing recent news and events on JPMorgan Chase & Co....
First National Bank of Northern California Reports Second Quarter 2010 Earnings of $0.16 per Diluted Share
FNBG ), parent company of First National Bank of Northern California (the "Bank"), today announced net earnings available to common shareholders for the second quarter of 2010 of $525,000 or $0.16...
Coalition three months on: the budget
budget in June was the most radical and controversial for a generation, laying out the fiscal gamble that is likely to make or break the first coalition government in postwar Britain.Flanked by...
China's biggest gold producer makes 3-fold profit
BEIJING: China National Gold Group Corp., the country’s biggest gold producer, has reported a three-fold increase in its profits to $228 million in the first half of 2010. But it did not clarify...
Cuba readies to dive into offshore oil exploration
July 31, 2010 * Offshore drilling rig expected in Cuba in early 2011 * Oil companies preparing for full-scale exploration * U.S. companies forbidden by U.S. trade...
Your Wedding Gift Dilemmas Solved
Guests spend an average of $60 to $120 on a wedding gift, depending on their relationship with the couple, according to TheKnot.com and WeddingChannel.com 2009 Registry...
How to Be a "Super Saver"
secrets of so-called "super savers," and what they have in common. According to her report, super savers delay gratification, have no impulse buys, have an absolute avoidance of debt, automate their...
China Setting Milestone as Economy Passes Japan's
China is set to overtake Japan as the world's second-largest economy in a resurgence that is changing everything from the global balance of military and financial power to how cars are designed. ...
Paperwork Nightmare: A Struggle to Fix New Law
Tucked into the new health care law is a requirement that could become a paperwork nightmare for nearly 40 million businesses. They must file tax forms for every vendor that sells them more than...
China milestone: Economy seen overtaking Japan's, highlighting challenges at home and abroad
BEIJING - China is set to overtake Japan as the world's second-largest economy in a resurgence that is changing everything from the global balance of military and financial power to how cars are...
Debris linked to tropical storm found in relief well, setting back work on stopping gusher
NEW ORLEANS - Tropical Storm Bonnie left crews working to plug the Gulf oil gusher a little memento that is expected to push their work back about a day. Crews found debris in the bottom of the...
Crude Carriers Corp. Schedules Second Quarter 2010 Earnings Release and Conference Call
CRU ) announced today that it will release financial results for the second quarter ended June 30, 2010 before the market opens in New York on Tuesday, August 10, 2010. The Company will also declare...
Microsoft to challenge Yahoo Japan-Google deal
's search and advertising technology should be blocked. “We plan to present evidence to the Japanese FTC explaining why we believe that this deal is substantially more harmful to...
UPDATE 2-At least 100 hurt in Bangladesh clashes over wages
July 31, 2010 * Dozens injured as garment workers clash with police * Factories, vehicles attacked on second day of protests * Garment workers want raise from $43-a-month minimum wage *...
Cameroon Government Sees Sundance Getting Mining Permit - Minister
YAOUNDE, Cameroon -(Dow Jones)- Cameroon's minister of industries, mines and technological development, Badel Ndanga Ndinga, said Saturday that Australian mining company Sundance Resources Ltd....
Basel Committee: New Rules Have Strong Impact On Banks-Report
AMSTERDAM -(Dow Jones)- The Basel Committee's revised rules to make the global banking system safer and stronger may be less severe than previous proposals, but they will still have a significant...
UPDATE 1-Second senior Democrat to face ethics trial-source
(Adds background) By Corbett B. Daly WASHINGTON (Reuters) - A second senior U.S Democratic lawmaker may face a public ethics trial this fall, posing a possible setback to the party's efforts to...
UPDATE 2-Chavez says deployed miltary units in Colombia row
July 31, 2010 * Fears attack after Colombia said Venezuela houses rebels * Ready to talk with incoming Colombian government * Says alleged camps include derelict house and a rock (Recasts,...
It’s a recovery -- nod, nod, wink, wink
This time last summer, the idea of an American Idle reality TV series caught our fancy. Unfortunately, the show, if it were a reality and not a jest, could go into its second season this fall, along...
Insurance fraud rears its ugly head
The good news is automobile insurance in Ontario will not go up much under new rules that come into effect on Sept. 1, and might even go down slightly.The bad news is you are about to get less...
Obama Slams GOP's "Do-Nothing Policies"
President Barack Obama places his order for a submarine sandwich with Carl Padavano, before meeting with small business owners at the Tastee Sub Shop in Edison, N.J. on...
Dity Dozen: 12 Work-From-Home Schemes
Ellie Kay has ways to avoid the growing number of work-from-home scams. In July 2008 Teresa Yeast, of Platea, Pa., heard about Darling Angel Pin Creations through her sister who saw an ad in a local...
BNHI fund earnings positive for first time in three years
By Shelley HuangStaff Reporter Saturday, Jul 31, 2010, Page 3 The Bureau of National Health Insurance (BNHI) yesterday reported that its quarterly fund earnings turned positive for the first time...
Saudi Shares Fluctuate; Rajhi Gains as Samba, Riyad Decline
July 31 (Bloomberg) -- Saudi Arabian shares fluctuated between gains and losses on the week’s first day, with the Tadawul All Share Index recording the third-biggest monthly gain in a year,...
Eurazeo Picks Carlyle for Exclusive Talks on B&B
July 31 (Bloomberg) -- Eurazeo SA, France’s largest publicly traded private equity firm, said it’s in exclusive talks to sell B&B Hotels, the budget chain it bought five years ago, to...
Consumers Step Back; U.S. Cedes Energy Race: Commentary Review
In a “60 Minutes” interview on June 7, 2009, U.S. Federal Reserve Chairman Ben S. Bernanke said: “Well, I absolutely agree that confidence is key. People don’t know...
Eurazeo in exclusive B&B Hotels talks with Carlyle
PARIS (Reuters) - French financial holding firm Eurazeo said on Saturday it is in exclusive talks to sell its B&B Hotels chain to U.S. private equity firm the Carlyle...
When Double Dippers Become Economic Party Poopers
They're a minority, but a vocal one, and they're hovering like storm clouds over a brittle recovery. They're the Double Dippers — the politicians, economists and analysts who foresee...
Wall St faces volatile week with jobs report
NEW YORK: US stocks are expected to face a volatile week as Wall Street awaits a key government jobs report expected to show unemployment at elevated levels. The government will release the...
AP EXCLUSIVE: Salazar Tours Rigs, Keeps Drill Ban
The helicopter passes over the blue waters of the Gulf of Mexico — with surprisingly little oil visible on its surface — when out of the sea rises a skyscraper-like structure nearly 350 feet...