Articles by Joseph Lazzaro

121-150 (out of 1112)

Joseph Lazzaro, U.S. Editor, served as Managing Editor of New York-based financial news web sites, 1999-2004, and as Economics/Markets Editor for AOL’s, 2008-2011.

Merkel Arrives In Greece As Protestors Mass On Streets

Germany's Angela Merkel arrived inGreece on her first visit since Europe's debt crisis erupted here three years ago, braving protests to deliver a message of support - but no new money - to a nation hammered by recession and fighting to stay in the euro.

Marathon Petro Buys BP Texas City Refinery For $2.5B

Marathon Petroleum Corp (MPC.N) struck a deal to buy BP Plc's (BP.L) Texas City refinery and related infrastructure for up to $2.5 billion, a purchase that will make Marathon the fourth-largest U.S. refiner and give it a bigger potential slice of the market for refined product exports.

Remembering Steve Jobs (1955-2011)

Apple co-founder Steve Jobs' inventions have shaped how we live, work, and play. He may have been the greatest inventor of the Information Age.

Obama Lead Over Romney Slips To 2 Pts: Poll

President Barack Obama's lead over Republican challenger Mitt Romney has narrowed to just 2 percentage points since Romney's strong performance in their first debate, a new poll indicated.

Lehman Brokerage, Europe Unit, Settle $38B In Claims

The U.S. brokerage unit and a European unit of the former Lehman Brothers Holdings Inc. said they settled a dispute over $38 billion in claims over client and creditor assets, a major step toward allowing customers and creditors to recover money.

Fed's Bernanke Rigorously Defends QE3

U.S. Federal Reserve Chairman Ben Bernanke Monday robustly defended the bank's unconventional program to stimulate the U.S. economy, quantitative easing.

Russia Bans Controversial Anti-Islam Video

A Russian court paved the way for a potential closure of video-sharing website YouTube by banning an anti-Islam video on Monday that sparked violent protests across the Muslim world.

EU Wants $12B Annual Trade Sanction On US In Boeing Spat

The European Union asked the World Trade Organization on Thursday for the right to impose annual trade sanctions worth up to $12 billion on the United States in retaliation for illegal subsidies to plane maker Boeing (NYSE: BA.N).

Romney, Ryan Face Tough Road In Ohio

Facing a tough path to victory if they cannot win Ohio, Republicans Mitt Romney and Paul Ryan launched a two-day bus tour on Tuesday to try to boost their fortunes in a state that polls show could be slipping away from them.

US Mortgage Applications In Most Recent Week

Applications for U.S. home mortgages rose last week as interest rates dropped to record lows in the wake of the Federal Reserve's latest stimulus efforts, data from an industry group showed on Wednesday.

Lehman To Pay Creditors Another $10.5 Billion

Lehman Brothers Holdings Inc on Tuesday said it will pay about $10.5 billion to creditors starting early next month, the second leg of a plan to eventually pay out more than $65 billion.

Election 2012: Romney Losing Support Among Senior Citizens

Even before his running mate was booed by a lobbying group for older Americans on Friday, Republican presidential nominee Mitt Romney was losing support among such voters, whose backing is crucial to his hopes of winning the November 6 election.

GM Recalls 474,000 Cars For Gear Shift Problem

General Motors Co is recalling 473,841 Chevrolet, Pontiac and Saturn sedans globally to fix a condition that could cause the cars to roll over when the drivers think they are in park gear, the No. 1 U.S. automaker said on Friday.

Obama Solidifies Lead Over Romney, Post-Convention

President Barack Obama maintains a lead of 5 percentage points over Republican Mitt Romney as he solidifies his advantage in the U.S. presidential race, according to a Reuters/Ipsos poll released on Thursday.

Occupy Wall Street - Passé Or Canary In A Coal Mine?

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?

US Federal Reserve Sept. 13 Meeting Statement [Full Text]

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.

Egyptians Angry At Film Scale US Embassy Walls

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

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.