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May 5, 2013 |Story| Reuters

  • Booze and bikinis are welcome in Egypt, says tourism minister

    Reuters
    * Government sees rebuilding sector as national priority * Target to increase visitor numbers 20 percent this year By Amena Bakr DUBAI, May 5 (Reuters) - Islamist-ruled Egypt is open to visitors who drink alcohol and wear bikinis as it sets out to...
    Highlights
    May 5, 2013 |Story| Reuters

  • Booze and bikinis are welcome in Egypt, says tourism minister

    Reuters
    * Government sees rebuilding sector as national priority * Target to increase visitor numbers 20 percent this year By Amena Bakr DUBAI, May 5 (Reuters) - Islamist-ruled Egypt is open to visitors who drink alcohol and wear bikinis as it sets out to...

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      May 17, 2013 |Story| Los Angeles Times

    1. California jobless rate falls to 9%

      No one ever said the economic recovery would be pretty.
      No one ever said the economic recovery would be pretty. California eked out more growth in April as employers added 10,400 jobs, bringing the net total added over the year to 273,000. The state's unemployment rate dropped to 9% from 9.4% the month...

      Tags: Consumer Confidence, Restaurant and Catering Industry, Unemployment, Career and Workplace, Consumers

      2. May 17, 2013 |Story| AP Member Choice Limited

    2. Products of a falling yen: Lower-priced imports from Japan and a more affordable Tokyo

      Attention, bargain-hunters around the world: Japanese goods — from cars to televisions — are going on sale. Credit Japan's drive to pump cash into its economy to stimulate growth. The extra money flooding its financial system is helping...

      Tags: Trips and Vacations, Economy, Business and Finance, Passenger Cars, Stock Market, South Korea

      3. May 17, 2013 |Story| Los Angeles Times

    3. As Tesla taps capital markets for cash, share price could top $100

      Tesla Motors shares are trading at about $90 and could easily top $100, buoyed by its ability to tap capital markets for about $1 billion through its announced sale of stock and convertible notes.
      Tesla Motors shares are trading at about $90 and could easily top $100, buoyed by its ability to tap capital markets for about $1 billion through its announced sale of stock and convertible notes. It is an impressive performance that will help the...

      Tags: Passenger Cars, Tesla, Hybrid Vehicles, General Motors Corp., Vehicles

      4. May 16, 2013 |Story| Los Angeles Times

    4. Eurozone recession continues

      WASHINGTON — Europe's recession stretched into the first three months of the year, making it the single-currency region's longest downturn and raising concerns about its effect on the U.S. recovery. The 17-nation Eurozone economy contracted 0.2%...

      Tags: Economy, Business and Finance, European Union, European Central Bank, Labor Markets, Italy

      5. May 14, 2013 |Story| Chicago Tribune

    5. J.C. Penney real estate appraised at $4.06B

      J.C. Penney Co. real estate holdings -- stores, distribution centers and headquarters -- are worth a total of $4.06 billion. The appraisal was disclosed on Tuesday in a presentation to potential lenders that was also filed with U.S. regulators. The 306...

      Tags: Ron Johnson, JC Penney Company Inc., Goldman Sachs Group, Inc.

      6. May 13, 2013 |Story| Chicago Tribune

    6. Schaumburg-based Global Brass & Copper plans 9M share IPO

      Tribune reporter
      Global Brass & Copper Holdings Inc., a Schaumburg-based distributor and processor of copper and brass products, is planning an initial public offering of nearly 9.4 million of its shares for $15 to $17 a share. The company, whose chief investor is New...

      Tags: Stock Market, NYSE Euronext, Inc., U.S. Securities and Exchange Commission, Financing and Stock Offerings, Goldman Sachs Group, Inc.

      7. May 11, 2013 |Story| Hartford Courant

    7. Cloned: Inheritance Windfall: Record-Breaking Year For Estate Taxes Helps Fuel Budget Surplus

      Even if death and taxes are the only things certain in life, state legislators say they can never be certain about death taxes.
      The Hartford Courant
      Even if death and taxes are the only things certain in life, state legislators say they can never be certain about death taxes. With no crystal ball and no idea when spectacularly wealthy Connecticut residents might die, state officials make an educated...

      Tags: Economy, Business and Finance, Budgets and Budgeting, New York City, The New York Times, Goldman Sachs Group, Inc.

      8. May 9, 2013 |Story| Los Angeles Times

    8. Fed: Some borrowers shortchanged in foreclosure settlement

      Nearly 100,000 troubled borrowers were shortchanged on payments from Goldman Sachs Group Inc. and Morgan Stanley & Co., the Federal Reserve said — money intended to compensate for possible errors and abusesduring foreclosure proceedings in 2009...

      Tags: Mortgages, Federal Reserve, Financial and Business Services, JPMorgan Chase & Co., Bank of America Corp.

      9. May 3, 2013 |Story| Allentown Morning Call

    9. Incumbents ousted in Penn State trustees election

      In what one newly elected member called a referendum on the Penn State board of trustees, alumni chose three new members and ousted veteran members Paul Suhey and Stephanie Deviney.
      In what one newly elected member called a referendum on the Penn State board of trustees, alumni chose three new members and ousted veteran members Paul Suhey and Stephanie Deviney. Endorsed by the family of former head football coach Joe Paterno and...

      Tags: Pennsylvania Statue University Sexual Abuse Scandal (2012), Abusive Behavior, Ridge, Jerry Sandusky, Politics

      10. Apr 29, 2013 |Story| Hampton Roads Daily Press

    10. Martinovich says he believed in solar firm

      NEWPORT NEWS — Jeffrey A. Martinovich testified at his federal fraud trial Monday that he touted a hedge fund with a large stake in a solar panel company for one simple reason: He strongly believed in the solar firm's prospects.
      NEWPORT NEWS — Jeffrey A. Martinovich testified at his federal fraud trial Monday that he touted a hedge fund with a large stake in a solar panel company for one simple reason: He strongly believed in the solar firm's prospects. Martinovich, the...

      Tags: Trips and Vacations, Economy, Business and Finance, Prosecution, MICG Investment Management, Trials

      11. Apr 29, 2013 |Story| Los Angeles Times

    11. Milken conference panel: Immigration reform would boost economy

      Providing legal status to the country's estimated 11 million illegal immigrants would boost the U.S. economy and eradicate underground economies in cities such as Los Angeles, a panel of researchers, elected officials and a business tycoon said Monday. 
      Providing legal status to the country's estimated 11 million illegal immigrants would boost the U.S. economy and eradicate underground economies in cities such as Los Angeles, a panel of researchers, elected officials and a business tycoon said Monday. ...

      Tags: Antonio Villaraigosa, Employees, Labor Legislation, Immigration, Goldman Sachs Group, Inc.

      12. Apr 29, 2013 |Story| Los Angeles Times

    12. Goldman Sachs, Morgan Stanley to send foreclosure settlement checks

      WASHINGTON -- Goldman Sachs and Morgan Stanley will begin sending $247 million in payments on Friday to nearly a quarter-million people under a settlement of foreclosure-abuse allegations with regulators, the Federal Reserve said.
      WASHINGTON -- Goldman Sachs and Morgan Stanley will begin sending $247 million in payments on Friday to nearly a quarter-million people under a settlement of foreclosure-abuse allegations with regulators, the Federal Reserve said. The two Wall Street...

      Tags: Mortgages, Personal Income, Federal Reserve, Financial and Business Services, Bank of America Corp.

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