Posts Tagged ‘America’

Republican Concedes Washington Race To Sen. Murray

Kris Alingod – AHN News Contributor Olympia, WA, United States (AHN) – Republican Dino Rossi conceded the Senate race in Washington state Thursday night to give Sen. Patty Murray, one of the most vulnerable incumbents this election, a fourth term. More than 600,000 ballots remain to be counted and tallying continues, but the race ended [...]

Pay at investment banks: Mutiny over the bounty

Investment banks have cut pay a bit but shareholders are still getting a raw deal IT IS a year since the investment-banking industry committed reputational suicide by paying bumper bonuses just a few months after the worst financial crisis in living memory. That move helped destroy investment bankers’ credibility with the public and many politicians. [...]

US tries extra quantitative easing

US Fed pumps in another $600bn to prop up ailing economy America’s central bank announced that it would pump an additional $600bn (£372bn) into the ailing US economy over the next eight months in an attempt to accelerate growth and cut unemployment. Expressing concern at the sluggish recovery from the worst downturn since the Great [...]

Build America Bonds get creative use

Critics claim mayor’s proposal to help plug budget gap with infrastructure subsidy will raise borrowing costs, drag down credit rating When the Build America Bond program came on the scene in the spring of 2009, the aim was to make it easier for cash-strapped cities to finance construction of schools, hospitals, roads and water systems. [...]

Rouse Replaces Emanuel, Obama: “Bittersweet Day At The White House”

Tejinder Singh – AHN News Correspondent Washington, D.C., United States (AHN) – President Barack Obama made a special appearance on Friday to bid farewell to teary-eyed Rahm Emanuel, the incumbent chief of staff, calling him “an incomparable leader.” Obama also announced his “wise, skillful, and longtime counselor, Pete Rouse,” as the new “interim chief of [...]

U.S. Steel Workers Union Protests China Clean Energy Plan

Jeehan Fernandez – AHN News Writer Washington, DC, United States (AHN) – The United Steelworkers union filed Thursday a comprehensive trade case with the U.S. government against China’s clean energy plan. The complaint identified “a broad array of Chinese policies and practices that threaten the future of America’s alternative and renewable energy sector,” according to [...]

SBA Financing In 2009

  SBA financing has seen many ups and downs in the last year.  No one did or could have predicted what has actually happened.  The Stimulus Package administered by the government, a welcomed surprise by most in the business, has for the most part been a success.  It has kept SBA loans viable (relative to [...]

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