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Business and Financial
Jul 23, 2012
PHOENIX For the first time since June, 2009 the State of Arizona has set reserve money aside in a savings account to cushion future General Fund budget shortfalls. $450 million has been deposited in the Budget Stabilization Fund as prescribed…
Jun 26, 2012
WASHINGTONBarclays Bank PLC, a financial institution headquartered in London, has entered into an agreement with the Department of Justice to pay a $160 million penalty to resolve violations arising from Barclays submissions for the London InterBank Offered Rate (LIBOR) and…
May 11, 2012
Kaleida Health launches state-of-the-art cardiac care facility next to Buffalo General WASHINGTON - Kaleida Health held the grand opening of its new Gates Vascular Institute in Buffalo, New York. The new facility's construction was financed by $100.3 million mortgage made…
Dec 1, 2011
Joins ASU, Arizona Businesses on Important Trade Mission to Canada PHOENIX The Arizona Commerce Authority is launching the State Trade and Export Promotion (STEP) program with a trade mission to Montreal. Earlier this year, the U.S. Small Business Administration (SBA)…
Nov 21, 2011
Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported an aggregate profit of $35.3 billion in the third quarter of 2011, an $11.5 billion improvement from the $23.8 billion in net income the industry reported…
Nov 20, 2011
DOT Fines Spirit Airlines for Violating Price Advertising Rules The U.S. Department of Transportation (DOT) today fined Spirit Airlines $50,000 for violating federal aviation laws and the Departments rules prohibiting deceptive price advertising in air travel. DOT rules require any…
Nov 16, 2011
Single-family housing starts rose 3.9 percent to a seasonally adjusted annual rate of 430,000 units in October, according to newly released data from the U.S. Commerce Department. This improvement was somewhat masked by an 8.3 percent decline in multifamily starts…
Nov 16, 2011
Buoyed by stabilizing home prices and sustained low interest rates, nationwide housing affordability during the third quarter of 2011 hovered near its highest level in the more than 20 years it has been measured, according to National Association of Home…
Nov 2, 2011
PHOENIX, Arizona -- USDA Under Secretary for Rural Development Dallas Tonsager has met with Arizona small business leaders to gather input on how the Obama Administration can work with local businesses and community leaders to improve rural economic conditions and…
Oct 27, 2011
Consistent with 50 U.S.C. 415c(a), the Director of National Intelligence is disclosing to the public the aggregate amount of funds appropriated by Congress to the National Intelligence Program (NIP) for Fiscal Year 2011 not later than 30 days after the…
Oct 26, 2011
WASHINGTON Four companies have agreed to pay a total of $ 72,000 in civil penalties to settle allegations that each violated the antiboycott provisions of the Export Administration Regulations (EAR). The companies are: ChemGuard Inc, Bank of New York Mellon…
Oct 24, 2011
One-Page Form Makes Student Loan Costs Clear Upfront WASHINGTON The Consumer Financial Protection Bureau and the Department of Education have teamed up to launch a new Know Before You Owe project aimed at creating a financial aid shopping sheet, which…