News

  • The facade of the U.S. Federal Reserve building is reflected on wet marble during the early morning hours in Washington
    Exclusive: White House considers former banking lawyer for Fed board - sources Reuters

    By Jonathan Spicer and Emily Stephenson NEW YORK/WASHINGTON (Reuters) - A former lawyer with the American Bankers Association is being considered by the White House as a possible nominee to the board of the Federal Reserve, according to sources familiar with the efforts The lawyer's name emerged as the White House weighs candidates with community banking backgrounds to fill gaps on the Federal Reserve's … More »Exclusive: White House considers former banking lawyer for Fed board - sources

    The facade of the U.S. Federal Reserve building is reflected on wet marble during the early morning hours in Washington

    By Jonathan Spicer and Emily Stephenson NEW YORK/WASHINGTON (Reuters) - A former lawyer with the American Bankers Association is being considered by the White House as a possible nominee to the board of the Federal Reserve, according to sources familiar with the efforts The lawyer's name emerged as the White House weighs …

  • Attorney Bryan Mick of the law firm Mick & Associates is seen at his office in Omaha
    Special Report: For private deals, no one is watching the watchdogs Reuters

    By Emily Flitter OMAHA, Nebraska (Reuters) - From 2006 to 2009, Provident Asset Management raised $485 million from 7,700 investors who were drawn to its promises of annual returns as high as 18 percent on oil and gas assets. Law firm Mick & Associates helped. Provident paid Mick to provide "due diligence" reports to help brokers decide whether to recommend the investments to their clients. Brad … More »Special Report: For private deals, no one is watching the watchdogs

    Attorney Bryan Mick of the law firm Mick & Associates is seen at his office in Omaha

    By Emily Flitter OMAHA, Nebraska (Reuters) - From 2006 to 2009, Provident Asset Management raised $485 million from 7,700 investors who were drawn to its promises of annual returns as high as 18 percent on oil and gas assets. Law firm Mick & Associates helped. Provident paid Mick to provide "due diligence" reports to …

  • David Koch, executive vice president of Koch Industries, attends the Economic Club of New York luncheon in New York,
    Conservative Koch-backed group uses soft touch in recruiting U.S. Hispanics Reuters

    By Andy Sullivan ORLANDO, Florida (Reuters) - The conservative advocacy groups backed by the billionaire brothers Charles and David Koch are known mostly for spending millions of dollars to pelt Democratic candidates with negative television ads. The group, known as The Libre Initiative, is sponsoring English classes, driver's license workshops and other social programs to try to build relationships … More »Conservative Koch-backed group uses soft touch in recruiting U.S. Hispanics

    David Koch, executive vice president of Koch Industries, attends the Economic Club of New York luncheon in New York,

    By Andy Sullivan ORLANDO, Florida (Reuters) - The conservative advocacy groups backed by the billionaire brothers Charles and David Koch are known mostly for spending millions of dollars to pelt Democratic candidates with negative television ads. The group, known as The Libre Initiative, is sponsoring English classes, …

  • The logo of Spanish bank Santander is seen outside a building in Madrid
    Spanish banks face tough rivalry in small companies bet Reuters

    By Sarah White and Jesus Aguado MADRID (Reuters) - Across Spain, the message is hard to miss in office windows showcasing offers: banks want to lend to small companies again. After gorging on property lending in the run-up to a financial crisis, banks are looking to revive high-margin loans to businesses as the economy emerges from a prolonged slump and bond-trading income slumps. A fight to win … More »Spanish banks face tough rivalry in small companies bet

    The logo of Spanish bank Santander is seen outside a building in Madrid

    By Sarah White and Jesus Aguado MADRID (Reuters) - Across Spain, the message is hard to miss in office windows showcasing offers: banks want to lend to small companies again. After gorging on property lending in the run-up to a financial crisis, banks are looking to revive high-margin loans to businesses as the economy …

  • A model poses beside a Ford Ecosport during a media presentation of the 34th Bangkok International Motor Show in Bangkok
    In the driving seat: China's yuppies are new market force for global automakers Reuters

    By Samuel Shen and Norihiko Shirouzu SHANGHAI/BEIJING (Reuters) - Global automakers are scrambling to meet the demands of China's young urban professionals, who want a car that makes them stand out, yet don't always have the money to splurge on a top-end model. After nearly two decades of frenzied growth driven mainly by the very wealthy, China's auto market is maturing, yet remains ferociously competitive … More »In the driving seat: China's yuppies are new market force for global automakers

    A model poses beside a Ford Ecosport during a media presentation of the 34th Bangkok International Motor Show in Bangkok

    By Samuel Shen and Norihiko Shirouzu SHANGHAI/BEIJING (Reuters) - Global automakers are scrambling to meet the demands of China's young urban professionals, who want a car that makes them stand out, yet don't always have the money to splurge on a top-end model. After nearly two decades of frenzied growth driven mainly …

  • Walking, 'talking' drilling rigs aim to modernize fracking Reuters

    By Ernest Scheyder WEST CHESTER, Pennsylvania (Reuters) - The backbreaking life of a roughneck, the iconic worker bees of oilfield drilling rigs, is getting a little easier. Schramm Inc, which built the drilling rig that four years ago helped rescue 33 trapped Chilean copper miners, has designed a 500,000-pound rig for the oil and natural gas industry that can walk, rotate 360 degrees, be operated … More »Walking, 'talking' drilling rigs aim to modernize fracking

    By Ernest Scheyder WEST CHESTER, Pennsylvania (Reuters) - The backbreaking life of a roughneck, the iconic worker bees of oilfield drilling rigs, is getting a little easier. Schramm Inc, which built the drilling rig that four years ago helped rescue 33 trapped Chilean copper miners, has designed a 500,000-pound rig for …

  • China's Vice Finance Minister Zhu Guangyao attends a briefing at the G20 Summit in Strelna near St. Petersburg
    Beijing rejects IMF's hard-landing warning for China's economy Reuters

    By David Brunnstrom WASHINGTON (Reuters) - A senior Chinese official hit back on Saturday at International Monetary Fund warnings that China's economy faced the danger of a hard landing due to poor asset quality, saying the government was taking action to deal with financial risk. Chinese Vice Finance Minister Zhu Guangyao said China worked closely with the IMF but did not agree with all of its analysis. … More »Beijing rejects IMF's hard-landing warning for China's economy

    China's Vice Finance Minister Zhu Guangyao attends a briefing at the G20 Summit in Strelna near St. Petersburg

    By David Brunnstrom WASHINGTON (Reuters) - A senior Chinese official hit back on Saturday at International Monetary Fund warnings that China's economy faced the danger of a hard landing due to poor asset quality, saying the government was taking action to deal with financial risk. Chinese Vice Finance Minister Zhu Guangyao …

  • Success
    Things You Never Hear Successful People Say Forbes

    Why are some people more successful than others? Why some feel accomplished while others feel like they are stuck in career rut? The answer is – their vocabulary. Though, granted, your vocabulary is heavily dependent on your mentality and the way you see your life, both personal and professional. More »Things You Never Hear Successful People Say

    Success

    Why are some people more successful than others? Why some feel accomplished while others feel like they are stuck in career rut? The answer is – their vocabulary. Though, granted, your vocabulary is heavily dependent on your mentality and the way you see your life, both personal and professional.

  • California city declares Sriracha maker a nuisance AP

    A Southern California city has declared the factory that produces the popular Sriracha hot sauce a public nuisance. More »California city declares Sriracha maker a nuisance

    A Southern California city has declared the factory that produces the popular Sriracha hot sauce a public nuisance.

  • NC local business taxes capped in proposal AP

    North Carolina legislators on Wednesday backed replacing fragmented local business privilege taxes with a streamlined, flat-fee system many hope will get passed when the full General Assembly convenes next month. More »NC local business taxes capped in proposal

    North Carolina legislators on Wednesday backed replacing fragmented local business privilege taxes with a streamlined, flat-fee system many hope will get passed when the full General Assembly convenes next month.

  • File-This Saturday, April 5, 2014 file photo shows Cliven Bundy talks on the phone at his ranch near Bunkerville Nev. Dave Bundy the son of Cliven Bundy a rural Nevada cattle rancher fighting government efforts to remove his cattle from disputed grazing areas northeast of Las Vegas was detained by federal agents. (AP Photo/Las Vegas Review-Journal, John Locher,File)
    US senator joins critics of federal cattle roundup AP

    A Republican U.S. senator added his voice Wednesday to critics of a federal cattle roundup fought by a Nevada rancher who claims longstanding grazing rights on remote public rangeland about 80 miles northeast of Las Vegas More »US senator joins critics of federal cattle roundup

    File-This Saturday, April 5, 2014 file photo shows Cliven Bundy talks on the phone at his ranch near Bunkerville Nev. Dave Bundy the son of Cliven Bundy a rural Nevada cattle rancher fighting government efforts to remove his cattle from disputed grazing areas northeast of Las Vegas was detained by federal agents. (AP Photo/Las Vegas Review-Journal, John Locher,File)

    A Republican U.S. senator added his voice Wednesday to critics of a federal cattle roundup fought by a Nevada rancher who claims longstanding grazing rights on remote public rangeland about 80 miles northeast of Las Vegas

  • File-This Saturday, April 5, 2014 file photo shows Cliven Bundy talks on the phone at his ranch near Bunkerville Nev. Dave Bundy the son of Cliven Bundy a rural Nevada cattle rancher fighting government efforts to remove his cattle from disputed grazing areas northeast of Las Vegas was detained by federal agents. (AP Photo/Las Vegas Review-Journal, John Locher,File)
    Nevada governor decries BLM in rancher dispute AP

    A Republican U.S. senator added his voice Wednesday to critics of a federal cattle roundup fought by a Nevada rancher who claims longstanding grazing rights on remote public rangeland about 80 miles northeast of Las Vegas More »Nevada governor decries BLM in rancher dispute

    File-This Saturday, April 5, 2014 file photo shows Cliven Bundy talks on the phone at his ranch near Bunkerville Nev. Dave Bundy the son of Cliven Bundy a rural Nevada cattle rancher fighting government efforts to remove his cattle from disputed grazing areas northeast of Las Vegas was detained by federal agents. (AP Photo/Las Vegas Review-Journal, John Locher,File)

    A Republican U.S. senator added his voice Wednesday to critics of a federal cattle roundup fought by a Nevada rancher who claims longstanding grazing rights on remote public rangeland about 80 miles northeast of Las Vegas

  • This undated image provided by the U.S. Geological Survey shows a male desert tortoise near Palm Springs, Calif. The U.S. Geological Survey released a report this week that takes a closer look at some of the effects climate change is likely to have on species such as the desert tortoise and the pinyon jay. (AP Photo/U.S. Geological Survey)
    Climate changes to result in bird, reptile shifts AP

    As temperatures climb across the Southwest, researchers have found some species will win, but others stand to lose — and lose big. More »Climate changes to result in bird, reptile shifts

    This undated image provided by the U.S. Geological Survey shows a male desert tortoise near Palm Springs, Calif. The U.S. Geological Survey released a report this week that takes a closer look at some of the effects climate change is likely to have on species such as the desert tortoise and the pinyon jay. (AP Photo/U.S. Geological Survey)

    As temperatures climb across the Southwest, researchers have found some species will win, but others stand to lose — and lose big.

  • Florida's orange production is declining AP

    This year's Florida orange crop is approaching the fruit's lowest harvest in 24 years. More »Florida's orange production is declining

    This year's Florida orange crop is approaching the fruit's lowest harvest in 24 years.

 
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