Tax revenue falls nationwide in early 2009
The Nelson A Rockefeller Institute reports state personal income tax collections down 26 percent in the first four months of 2009 from 2008. Forty percent of states with data show declines led by Arizona, totaling about 28.8 billion dollars lower, risking midyear cuts and larger gaps when stimulus ends.
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Albany
N.Y
Nelson A. Rockefeller Institute of Government
Arizona
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State University of New York
GM bondholders clash with sale plan in New York brief
In New York AP reports GM bondholders and some labor unions object to a bankruptcy sale plan. They seek more than the proposed 10 percent stake, claiming representation for about 1,500 bondholders with over 400 million in holdings. A hearing is set for June 30.
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New York
General Motors Corp
Iuecwa
United Steelworkers
International Union of Operating Engineers
Jobless rate in West tops 10 percent
The Labor Department reports the Western states at 10.1 percent unemployment last month the highest regional rate since 1983. California at 11.5 percent Nevada 11.3 percent, with eight states setting record highs and Michigan at 14.1 percent amid the recession.
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Airlines expand fees as online check in shifts costs
Airlines introduce new charges from five to twenty dollars for airport check in and premium seats while touting online discounts. United and US Airways begin $5 airport check in fees, AirTran exit row seats cost $20, Ryanair charges 5 euros for online check in, with higher prices for in‑airport options. Experts warn this trend risks upsetting travelers.
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Minneapolis
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US Airways
United
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Ryanair
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New York
LaGuardia
Market In Review Fragment Highlights Allocation Shares
Fragmentary notes show market terms listing items like World Allocation and Large Ben SH, with references to specialty health and intermediate rr. Mentions top 20 percent and generic abbreviations create an unclear snapshot of strategy or fund rankings.
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