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Oct 02, 2014

Wonga forced to write off 330,000 customers' debts -- business live

Controversial payday lender admits that it lent money to hundreds of thousands of people who cannot pay it back, as the FCA gets to grips with the industry Latest: Wonga to write off 330,000 customers debts Todays agenda 10.03am BST Is Wonga doing th... #Europe #London Stock Exchange #European Central Bank #Wall Street #Virgin Money #Federal Reserve #Northern Rock #Mario Draghi #European Monetary Union

Sep 30, 2014

Oyster Bay's proposed spending plan holds line on general fund taxes

Oyster Bay's preliminary budget holds the line on taxes for general fund spending, but Town Supervisor John Venditto said that could change before the final version passes in November. Venditto said he told town budget officials "to put forth a budge... #John Venditto #Moody's

Sep 30, 2014

Pimco's Ivascyn goes head to head with former boss Gross

Daniel Ivascyn, Pimco's group chief investment officer, is about to go head to head with Bill Gross in the fastest-growing segment of fixed income: unconstrained funds. Ivascyn, who was named Pimco's investment chief on September 26 after his old bos... #Bill Gross #California #Goldman Sachs #BlackRock, Inc.

Oct 01, 2014

Holyoke City Treasurer Jon Lumbra might leave for job in Lowell, will announce decision Friday

Lumbra is in the first year of his second, four-year term. HOLYOKE -- City Treasurer Jon D. Lumbra said Wednesday (Oct. 1) he is "strongly considering" leaving the position to take a similar job for the city of Lowell. "Lowell has given me an offer. ... #Bill Gross #California #Goldman Sachs #BlackRock, Inc.

Oct 01, 2014

Stocks swoon; Dow loses nearly 240 points

Financial markets swooned Wednesday, with the Dow Jones industrial average closing down nearly 240 points, on disappointing economic news and a slide in airlines stocks over Ebola fears. Investors moved money into traditional havens in times of uncer... #China #Beijing #Hong Kong #Tokyo #Shanghai #India #Paris #Ford Motor Company #Manila #Sydney #Singapore #United Kingdom #Seoul #Taipei #FTSE #Wall Street #Dow Jones #Nikkei 225

Oct 01, 2014

Stocks start October with a drop

(AP) -- Financial markets got off to a rough start in October as disappointing economic news and Ebola fears drove stocks lower. The Dow Jones industrial average slumped more than 200 points Wednesday, the first day of trading in a month known for bi... #Europe #European Central Bank #Dow Jones #Institute for Supply Management

Sep 30, 2014

Loans to Australia's housing investors surge by $3.7bn

The figures add weight to the comment by the Reserve Bank last week that housing credit has become unbalanced The value of loans to housing investors has surged at twice the rate of those to homeowners in August, lifting by 0.8%, or $3.7bn, to $417.1... #Europe #European Central Bank #Dow Jones #Institute for Supply Management

Sep 30, 2014

TCU football notes: Patterson trying to build his book on Big 12 coaches

By Carlos Mendez As TCU begins its third year in the Big 12, it will start reaping the advantage of knowing its opponents, coach Gary Patterson said. “You get a chance to watch those guys, and then you have a library of how those coaches call it — wh... #Oklahoma #Big 12

Sep 30, 2014

Southampton Town Supervisor proposes 2015 budget that leaves taxes almost unchanged

Southampton Town Supervisor Anna Throne-Holst proposed an $88.5 million 2015 budget Tuesday, saying revenues from the town's booming real estate market will help it meet growing demand for public safety and other services with a minimal property tax ... #Oklahoma #Big 12

Sep 29, 2014

Bizarre Trial Accuses Government Of Illegally Bailing Out Giant Company

A bizarre reminder of some of the most terrifying moments in U.S. financial history just kicked off in Washington: Former AIG CEO Hank Greenberg's hubris-filled case against the government went to trial on Monday. Greenberg claims that the 2008 bailo... #Maurice R. Greenberg #American International Group