Month: February 2014

Judge orders an end to Pa. takeover of capital

City officials said they hoped the state had learned lessons from the experience. Even though many Harrisburg officials had objected to the state’s takeover, they ultimately won a better deal for the city after council members rejected earlier state recovery plans that did not require concessions from lenders and would have left the city with significant debts…

Chinese Set to Buy Forbes Magazine

THE DEAL PIPELINE: When money management magazine and website Forbes Media LLC is sold, likely to Fosun International Ltd., the Chinese conglomerate that has taken the front-runner position in the company’s auction, sources said, it will be for a much lower price than private equity minority stakeholder Elevation Partners LP was hoping to receive. Two […]

Gov. Jan Brewer Announces Veto Of Arizona Anti-Gay Bill SB 1062

HUFFINGTON POST: Arizona Gov. Jan Brewer (R) announced her decision to veto legislation on Wednesday that would have allowed businesses to legally refuse service to anyone on “religious freedom” grounds, effectively allowing them to discriminate against same-sex couples. Brewer said the bill had “the potential to create more problems than it purports to solve.”.. Businesses […]

Israel urged to send forces to guard Ukrainian Jews

THE TIMES OF ISRAEL: … In a letter to Prime Minister Benjamin Netanyahu and Defense Minister Moshe Ya’alon, the head of the European Jewish Association, Rabbi Menahem Margolin, urgently requested that Israel “send trained security guards to protect Jewish communities in Ukrainian cities and towns.” Ukrainian Jewish communities throughout the country are seriously concerned and […]

Putin orders military tests amid Ukraine tensions

HUFFINGTON POST / AP: President Vladimir Putin on Wednesday ordered massive exercises involving most of its military units in western Russia amid tensions in Ukraine. Defense Minister Sergei Shoigu said in a televised statement made at a meeting of top military brass in Moscow that the exercise is intended to “checks the troops’ readiness for […]

Ukraine wants fugitive president to face Hague court

HUFFINGTON POST / REUTERS: Ukraine’s parliament voted on Tuesday to send fugitive President Viktor Yanukovich to the International Criminal Court, while his acting successor expressed concern about “signs of separatism” in Russian-speaking Crimea… The Hague-based court said it would need a request from the government of Ukraine giving it jurisdiction over the deaths… Yanukovich’s fall […]

Greenspan: Income Inequality ‘Most Dangerous’ Trend in US

NEWSMAX: “I consider income inequality the most dangerous part of what’s going on in the United States,” former Federal Reserve Chairman Alan Greenspan said at the National Association of Business Economists conference Monday, according to The Fiscal Times… Greenspan also calls for immigration reform, where he sees a connection to the income inequality issue. The […]