Articles by Joseph Lazzaro
- US Treasury Resists GM Plan For Government Stake Sale: WSJ
September 17 2012 2:31 PM
The U.S. Treasury Department is unwilling to sell the government's stake in General Motors Co because a sale now would mean huge investment losses, the Wall Street Journal reported on Monday, citing people close to the matter.
- Occupy Wall Street Marks 1-Year Anniversary Monday With NYSE Protest
September 17 2012 9:33 AM
A few hundred Occupy Wall Street activists gathered in New York's financial district on Monday but police kept them well back from the New York Stock Exchange, which they had threatened to surround as part of a day of protests marking the movement's one-year anniversary.
- Occupy Wall Street - Passé Or Canary In A Coal Mine?
September 16 2012 11:32 AM
The Occupy Wall Street protest movement is expected to resume Monday, on the 1-year anniversary of the protests. Is the coalition passé and irrelevant? Or is it a canary in a coalmine - an indicator of worsening economic and social problems in the United States?
- City, Chicago Teachers Reach Tentative Deal To End Strike: Report
September 14 2012 4:46 PM
Striking teachers in Chicago have reached a tentative deal with the city to end a five-day strike, the Washington Post reported Friday.
- UTexas, North Dakota State U Evacuated Friday After Bomb Threats
September 14 2012 1:04 PM
The University of Texas at Austin and North Dakota State University ordered evacuations on Friday because of bomb threats, the schools said.
- Protesters Set US School On Fire in Tunis
September 14 2012 11:37 AM
Protestors have set fire to a U.S. school in Tunis, Reuters reported Friday.
- US Federal Reserve Sept. 13 Meeting Statement [Full Text]
September 13 2012 12:38 PM
In the statement, the Federal Reserve announced Thursday it will buy $40 billion per month of mortgage-backed securities, the start of the so-called third round of quantitative easing, QE3. The Fed also said it will continue 'Operation Twist,' bringing total securities purchased per month to $85 billion.
- Chesapeake Energy To Raise $6.9 Billion Via Asset Sales
September 12 2012 9:18 AM
Chesapeake Energy Corp said it will sell most of its Permian Basin properties to Royal Dutch Shell Plc and Chevron Corp and a majority of its pipeline assets to raise about $6.9 billion in cash.
- Egyptians Angry At Film Scale US Embassy Walls
September 11 2012 2:17 PM
Egyptian protesters scaled the walls of the U.S. embassy in Cairo on Tuesday and pulled down the American flag during a protest over what they said was a film being produced in the United States that insulted Prophet Mohammad, witnesses said.
- Reflecting On The Towers: At The Center Of The World
September 10 2012 11:08 AM
Originally viewed in the 1970s as a project that added too much office space to Lower Manhattan, the Twin Towers of the World Trade Center became a symbol not only for New York, but for the United States, for capitalism, for the cosmopolitan / urban life, for modernity itself.
- Romney’s Tax Plan: Bush’s Tax Plan On Steroids
September 09 2012 12:24 PM
Gov. Mitt Romney's tax plan is President George W. Bush's tax plan on steroids: it cuts taxes on upper-income adults and the uber-rich, and vectors the U.S. budget deficit to even higher levels.
- US Initial Jobless Claims Fall To 365,000 - Lowest In A Month
September 06 2012 9:13 AM
The number of Americans filing new claims for jobless benefits fell last week to its lowest level in a month, an upbeat signal for a labor market that has struggled to create enough jobs.
- US Private Sector Added 201,000 Jobs In August - Biggest Gain In 5 Months: ADP
September 06 2012 8:47 AM
Private employers added 201,000 jobs in August, easily beating economists' expectations, a report by a payrolls processor showed on Thursday.
- US Debt Hits $16 Trillion Mark
September 04 2012 4:50 PM
The U.S debt reached $16 trillion, the U.S. Treasury Department announced Tuesday, thehill.com reported.
- China Warns US Not To Take Sides In Sea Disputes
September 04 2012 12:52 PM
China warned the United States not to get involved in South China Sea territorial disputes on Tuesday as U.S. Secretary of State Hillary Clinton arrived in Beijing pledging to pass on a strong message on the need to calm regional tension.
- In Final Interview, Cardinal Says Roman Catholic Church '200 Years Out Of Date'
September 01 2012 6:17 PM
The former archbishop of Milan and papal candidate Cardinal Carlo Maria Martini said the Catholic Church was "200 years out of date" in his final interview before his death, published on Saturday.
- Drought Seen Pushing US Meat Prices Even Higher
September 01 2012 5:32 PM
The worst drought to hit U.S. cropland in more than half a century could soon leave Americans reaching deeper into their pockets to fund a luxury that people in few other countries enjoy: affordable meat.
- Five Reasons Why Obama Could Win The 2012 Election
September 01 2012 2:05 PM
He's practically the devil incarnate to the Republican Party, but no president since President Franklin D. Roosevelt has had to address as many serious economic, financial and foreign policy problems as President Barack Obama. Further, Obama's relative success addressing these problems, and the Republican Party's callousness, will lead to Obama's re-election in November.
- AMR, US Airways Say They Are Evaluating A Potential Merger
August 31 2012 1:45 PM
American Airlines parent AMR Corp (AAMRQ.PK) and US Airways Group Inc (LCC.N) have signed a non-disclosure agreement as they evaluate a potential merger that would create an airline that rivals leader United Continental Holdings Inc (UAL.N) in scope.
- Knight Accepts Nasdaq's $62 Million Facebook Payback Plan
August 30 2012 12:40 PM
After initially criticizing Nasdaq OMX Group for its response to Facebook's botched initial public offering, trading firm Knight Capital Group Inc said it accepted the exchange's latest plan to pay back brokers a portion of their losses.