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Biz-King DirectoryDirectory contains only quality web link and/or blogs links available on the web. It's a web link directory ready to take in all worthy of inclusion. |
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Current News Today
Exclusive: Iran flouts U.N. sanctions, sends arms to Syria: panel
UNITED NATIONS (Reuters) - Syria remains the top destination for Iranian arms shipments in violation of a U.N. Security Council ban on weapons exports by the Islamic Republic, according to a confidential report on Iran sanctions-busting seen by Reuters on Wednesday. Iran, like Russia, is one of Syria's few allies as it presses ahead with a 14-month old assault on opposition forces determined to oust Syrian President Bashar al-Assad. News of the panel's report came as Tehran and the U.N. ...
2012-05-17T01:55:37Z
| Murder of Honduran reporter blamed on drug gangs
TEGUCIGALPA (Reuters) - A prominent Honduran radio journalist was killed by drug gangs in retaliation for a government crackdown on cartels, the country's security minister said on Wednesday. Alfredo Villatoro, a well-known media personality, was found shot in the head on Tuesday a week after being kidnapped, the latest attack on the media in the violent Central American nation. ...
2012-05-16T22:17:52Z
| IMF chief warns on cost of Greek exit from euro
ATHENS (Reuters) - IMF chief Christine Lagarde warned of "extremely expensive" consequences were Greece to leave the euro zone, a once taboo possibility that European leaders have begun to discuss openly after the nation descended into political chaos. Fears that Greece's dire state could drag the euro zone deeper into crisis rattled financial markets across the globe, as a little-known judge was installed to head an emergency government which will lead the nation to new elections on June 17. ...
2012-05-16T23:12:16Z
| Hollande taps old hands, new faces for French government
PARIS (Reuters) - French President Francois Hollande named a government dominated by moderate left-wingers on Wednesday after Socialist Party boss Martine Aubry, overlooked for the post of prime minister, said she no longer wanted to be part of the new cabinet. Hollande, sworn in on Tuesday as France's first Socialist president in 17 years, named Pierre Moscovici as finance minister and Laurent Fabius as foreign minister, key posts under Prime Minister Jean-Marc Ayrault, like them a social democrat. ...
2012-05-16T20:51:24Z
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Current News Today
Fears over Greece's political and financial crisis
NEW YORK (Reuters) - Stocks closed lower in a choppy session on Wednesday, with the S&P 500 logging its fourth straight decline as investors worried about Greece's future as a member of the euro zone. Early U.S. gains were erased after the European Central Bank said it had stopped providing liquidity to some Greek banks that had not been recapitalized. The ECB's move caused some market confusion, adding to volatility as traders have a quick trigger finger when it comes to news about Greece. ...
2012-05-16T20:42:01Z
| Shareholders sue JPMorgan Chase over trading loss
NEW YORK (Reuters) - JPMorgan Chase & Co was the target of two separate lawsuits by shareholders on Wednesday, accusing the bank and its management of excessive risk that led to trading losses of at least $2 billion. A spokesman for JPMorgan Chase declined to comment on the lawsuits, which were filed in U.S. District Court in Manhattan, days after Chief Executive Jamie Dimon's May 10 statement that a "failed hedging strategy" caused the massive loss over the last month. ...
2012-05-16T14:28:33Z
| J.C. Penney stock has worst fall ever
(Reuters) - J.C. Penney Co Inc shares plunged nearly 20 percent on Wednesday, their worst decline ever, wiping away $1.43 billion in market value a day after the retailer shocked Wall Street with a much worse-than-expected drop in sales and by scrapping its dividend. A number of leading Wall Street firms also lowered their price targets on the company. Penney shares closed down $6.57 at $26.75 on the New York Stock Exchange. ...
2012-05-17T00:02:58Z
| Adidas sues Big 5 over alleged sneaker knock-offs
(Reuters) - Adidas AG has sued to stop a U.S. sporting goods retailer and a skateboarding equipment maker from selling sneakers with three parallel diagonal stripes, a design it said looks too much like its own. The world's second-largest sporting goods company claimed that sneakers made by World Industries Inc and sold by Big 5 Sporting Goods Corp are knock-offs that infringe many Adidas trademarks. Adidas first used the three-stripe motif in 1952 and began trademarking it in the United States in 1994. World Industries could not immediately be reached for comment. ...
2012-05-16T21:22:45Z
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Current News Today
Obama administration denies role in arming Syrian rebels
President Barack Obama's administration has repeatedly said over the past few months that it won't ship arms to Syria's outgunned opposition, warning that doing so will only escalate the bloody conflict there. But the Washington Post reported Wednesday that the U.S. has been helping to coordinate shipments [...]
2012-05-16T23:21:12Z
| Is J.C. Penney the new Sears?
J.C. Penney shares tumbled Wednesday after the retailer reported a much wider-than-expected first-quarter loss, suspended its dividend and saw weakness across all core metrics.
2012-05-16T23:10:45Z
| Russia's chess game 'without any rules'
Grandmaster-turned-activist Garry Kasparov says Putin does whatever he wants to stay in power.
2012-05-17T00:10:15Z
| Robert Kennedy Jr.'s estranged wife dead
Click image to see more photos. (Atlantic Wire) Mary Kennedy, ex-wife of Robert F. Kennedy Jr., was found dead at her New York home Wednesday, a source told the Associated Press. Kerry Lawrence, an attorney, confirmed her death, but did not know the cause. The Bedford, N.Y. police department said that at approximately 1:36 p.m. [...]
2012-05-16T21:01:46Z
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