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S&P cuts Berkshire Hathaway rating by one notch to 'AA'
Reuters(Reuters) - Credit rating agency Standard & Poor's on Thursday cut its rating on Berkshire Hathaway Inc , the insurance and industrial conglomerate controlled by billionaire investor Warren Buffett, by one notch, citing the company's reliance on its...Tags: Ratings, Warren Buffett, Berkshire Hathaway Inc., Standard & Poor's Financial Services LLC, Credit Ratings
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Indonesia bans clearing primary rainforests, peatlands for 2 more years
JAKARTA, Indonesia (AP) — Indonesia has approved a two-year extension to a landmark ban on clearing primary rainforests and peatlands, officials said Thursday. Environmentalists praised the move but said the government must do more to curb the...Tags: Conservation, Wetlands, Susilo Bambang Yudhoyono, Global Warming, Endangered Species
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No let-up for busy US high-grade market
ReutersBy Joy Ferguson and Rachelle Kakouris May 16 (IFR) - There was no let-up in the high-yield market on Thursday even after the deluge of deals yesterday, when 10 issuers rushed to market for a total of USD7.5bn. A total of USD10.451bn has priced so far...Tags: Deutsche Bank AG, Mexico, Services and Shopping, Goldman Sachs Group, Inc., Loans
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Pritzker reveals finances, board resignation plans
Tribune reportersChicago billionaire Penny Pritzker intends to resign from corporate boards, including that of Hyatt Hotels Corp., and reported that she received nearly $54 million in consulting fees last year from an off-shore Bahamian trust, the U.S. Commerce...Tags: U.S. Senate, Economy, Business and Finance, Politics, Hotel and Accommodation Industry, Realty
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Libor floors stripped from U.S. leveraged loans
ReutersNEW YORK (Reuters) - Massive demand from investors has pushed yields on U.S. leveraged loans to 2004 levels and aggressive market conditions continue to strip protection from new deals, including removing Libor floors that guarantee minimum yields for...Tags: Financial Markets, Economy, Business and Finance, Constellation Brands Incorporated, Marketing, Loans
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Michigan raises FY 2013 revenue estimate by $483 million
ReutersMay 15 (Reuters) - Michigan officials on Wednesday raised their revenue estimate for the current fiscal year by $483 million, citing an improving state economy. General fund revenue for the fiscal year that began Oct. 1 is projected at nearly $9.2...Tags: U.S. Department of the Treasury, Land Price, European Debt Crisis, Standard & Poor's Financial Services LLC, Credit Ratings
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Baltimore Teachers Union supports call to halt Common Core consequences
The Baltimore Teacher's Union has called for the district hold off on attaching penalties to schools' performance on the the new Common Core assessments, citing insufficient professional development and resources to implement the new high-stakes...Tags: Standardized Testing, School Examinations, Teachers, American Federation of Teachers, Teaching and Learning
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Quebec seeks fracking moratorium in shale gas rich area
Reuters* Moratorium would last a maximum of five years * Government had promised a ban, citing public concerns OTTAWA, May 15 (Reuters) - The Canadian province of Quebec, citing public concerns, unveiled a bill on Wednesday to impose a moratorium on...Tags: Energy Resources, Talisman Energy Incorporated, Petroleum Industry
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NU Refreshes Its Debt With $750M In Notes
Northeast Utilities is borrowing $750 million in order to pay down other senior debt obligations as well as some of the company's more than $1 billion in short-term debt, according to filings with the Securities and Exchange Commission. After...Tags: Economy, Business and Finance, Goldman Sachs Group, Inc., Money and Monetary Policy, Berlin, Finance
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Senate Unanimously Strengthens Racial Profiling Law
The Hartford CourantThe state Senate voted unanimously Wednesday to expand the state's racial profiling law to include more police departments. The measure comes one year after another bill had strengthened the law in other ways and was passed by large majorities in both...Tags: U.S. Senate, Democratic Party, Politics, Budgets and Budgeting, Republican Party
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Northbrook, Glenview police blotter: May15
The following items were taken from Northbrook and Glenview police records. •On May 12, a 29-year-old Glenview man was arrested at Dundee and Portwine roads and charged with driving under the influence and without insurance. The man was also...
Tags: Services and Shopping, Prosecution, Dundee, Police Arrests, Apple iPhone
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Wilmette, Winnetka, Kenilworth police blotter: May 15
The following items were taken from police reports. Wilmette •On May 12, a man tried to force his way into his ex-girlfriend's residence in the 200 block of Oak Circle after following her home from work. The offender was gone when the officers...
Tags: Health and Medical Professionals, Police Arrests
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| AP Broadcast
May 16, 2013
|Story| Reuters
May 15, 2013
|Story| Chicago Tribune
May 16, 2013
|Story| Reuters
May 15, 2013
|Story| Reuters
May 15, 2013
|Story| Baltimore Sun
May 15, 2013
|Story| Reuters
May 15, 2013
|Story| Hartford Courant
May 15, 2013
|Story| Hartford Courant
May 15, 2013
|Story| Chicago Tribune
May 15, 2013
|Story| Chicago Tribune
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