May 19th, 2012
Taiwan President Ma Ying-jeou has leveraged growing economic ties with China to reduce tensions to their lowest level since the two sides split in 1949. China’s incessant effort to draw the democratic island closer politically has been on the back burner, and as Ma’s second term begins Sunday the question is whether he can keep […]
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Filed under: banks, mortgage by Forest
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May 18th, 2012
Tony Feraro, the president and CEO of Concord Bank in South St. Louis County, died Wednesday. He was 64.
Feraro joined the bank in November 2008.
“The entire Concord Bank family mourns the loss of Tony,” said Concord Bank chairman Earl Gates in a statement. “Our thoughts and prayers are with his wife and four children, and […]
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Filed under: banks, online by Forest
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May 14th, 2012
Shares of Chesapeake Energy plunged late Friday after the heavily indebted firm revealed that it may be forced to delay some asset sales.
In a filing with the Securities and Exchange Commission, Chesapeake (, Fortune 500) said it may have to postpone some previously planned sales of assets, such as oil and gas wells, because […]
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May 5th, 2012
Egyptian armed forces and protesters clashed in Cairo on Friday, with troops firing water cannons and tear gas at demonstrators who threw stones as they tried to march on the Defense Ministry, a flashpoint for a new cycle of violence only weeks ahead of presidential elections.
It was the second time this week that clashes have […]
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May 3rd, 2012
NEW YORK • U.S. newspapers reported a slight increase in circulation over the past year as more readers purchased digital subscriptions, according to a media industry group. Average daily circulation in the six months that ended on March 31, rose nearly 1 percent for the 618 newspapers that participated in the Audit Bureau of Circulations […]
Filed under: economics, legal by Forest
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May 1st, 2012
At first blush, it may not seem like an honor to be called the best city for cheapskates.
But upon further reflection, St. Louis’ clinching of the top spot in Kiplinger.com’s list of top 10 cities for cheapskates may just be something to brag about.
After all, the website came up with the list by comparing a […]
Filed under: banks, economics by Forest
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April 30th, 2012
Bank of England Governor Mervyn King has 10 days left to make up his mind on whether he can risk halting stimulus for an economy trying to shake off a recession.
Reports starting tomorrow on manufacturing, construction and services, as well as consumer credit and house prices, will set the scene for data crunching by […]
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April 28th, 2012
Francois Hollande
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April 23rd, 2012
The biggest gain in consumer spending in a year probably helped the U.S. economy keep expanding in the first quarter even as fuel costs climbed, economists said before a report this week.
Gross domestic product, the value of all goods and services the nation produced, rose at a 2.5 percent annual rate after advancing 3 […]
Filed under: economics, legal by Forest
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April 20th, 2012
New Yahoo CEO Scott Thompson is the latest leader to promise a splashy turnaround — and though it’s an old party line by now, the earnings for his first full quarter on the job were upbeat.
Yahoo (, Fortune 500) pulled in 23 cents a share on $1.07 billion in sales for the first quarter, […]
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