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By Greg Roumeliotis NEW YORK | Mon Jul 9, 2012 8:33pm EDT NEW YORK (Reuters) – Apollo Global Management LLC said on Monday it appointed Martin Kelly, a top financial controller at Barclays Plc, the British bank tainted with an interest rate rigging scandal, as its next chief financial officer. Kelly, 44, will succeed 54-year-old [...]
NEW YORK (Reuters) – New York teachers who learn that a student has been bullied online will be required to report the incident to school administrators within one day, under a law signed by Governor Andrew Cuomo on Monday. The measure, which goes into effect on July 1, 2013, is part of an effort to [...]
ReutersPaul Tucker, an official with the Bank of England, appeared before a British parliamentary committee on Monday. As big banks face the fallout from a global investigation into interest rate manipulation, American and British lawmakers are scrutinizing regulators who failed to take action that might have prevented years of illegal activity. Politicians in both London [...]
SANDPOINT, Idaho, Jul 9, 2012 (GlobeNewswire via COMTEX) – Coldwater Creek Inc. /quotes/zigman/62285/quotes/nls/cwtr CWTR +12.43% announced the closing of a five-year, $65 million senior secured term loan provided by Golden Gate Capital, a leading private equity firm with extensive experience in the retail sector. The Company also announced the completion of an amendment to its [...]
The Palm Beach County School District’s newly transformed Inspector General’s Office plans to spend thousands of hours over the coming year examining everything from charter schools to how well the district keeps track of its gasoline and laptops. And on Wednesday, the district’s audit committee will review that proposed 2012-2013 audit plan submitted by Lung [...]
Spain, suffering through its second recession in three years, was also expected to win more time to rein in its budget deficit even as euro zone finance ministers haggled in Brussels over terms of a bailout for its troubled banks. Amid the unrelenting market pressure, the European Central Bank reaffirmed that it stood ready to [...]
On Friday, July 6, Florida State’s College of Medicine hosted an informal meeting with the objective of increasing basic understanding of the Obama Administration’s Affordable Care Act. This hour-long briefing on the health care decision was designed as a general clarification of the legal background of the 2,000 page piece of legislation, including its constitutional [...]
Obama Pushing Extension of Middle-Class Tax CutsAP President Barack Obama is arguing that the expiration of middle-class tax cuts would be a “big blow” to working …
PARIS — Signs are growing that Europe’s economic and monetary union may be fragmenting faster than policy makers can repair it. Euro zone leaders agreed in principle June 29 to establish a joint banking supervisor for the 17-nation common currency area, based on the European Central Bank, although most of the crucial details remain to [...]
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