ECB Spends Record 32 Billion To Stem European Bond Markets
The European Central Bank revealed it spent 32 billion dollars last week, the most ever, to prop up Italy and Spain bond markets amid a debt crisis. Leaders Merkel and Sarkozy planned to discuss eurozone debt guarantees in Paris, as markets trembled over Italy and Spain. Analysts noted mixed July default rates for major card issuers, with Bank of America and Citigroup posting higher defaults while others improved.
MENTIONED IN THIS ARTICLE
European Central Bank
Italy
Spain
Germany
France
Europe
Angela Merkel
Nicolas Sarkozy
Paris
Eurozone
ECB
Bank of America
Citigroup
Market closes with mixed signals on Monday
Dow up 213.88 to 11,482.90 while Nasdaq edges to 2,555.20 and S&P 500 rises 25.68 to 1,204.49. Treasury yields hold at 3.75 percent. grains and oil move modestly with corn 5.5 cents higher to 7.20, soybeans up 16.5 cents to 13.51, wheat 15 cents to 8.11, and oil at 87.88 dollars a barrel.
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Dow Industrials
S&p
Treasury
Chicago
Kansas City
New York
Google to buy Motorola Mobility for 12.5 billion
Google announces a 12.5 billion deal to acquire Motorola Mobility aiming to gain over 17,000 patents to defend Android, with potential ripple effects for Nokia and Research In Motion. The purchase expands Google into device manufacturing and intensifies the mobile patent fight led by Apple and Microsoft.
MENTIONED IN THIS ARTICLE
San Francisco
Google
Motorola Mobility
Motorola
Apple
Microsoft
Oracle
Nokia Corp
Research In Motion Ltd
BlackBerry
Android
Taiwan
HTC Corp
HTC
Apple Inc
Microsoft Corp
Samsung Electronics Co
Securities and Exchange Commission
Larry Page
Page
Nortel
End of an Era for Defense Industry Gains
Analysis says the 2001 2011 defense surge is peaking as Iraq and Afghanistan wind down. Budgets rose from 316 billion to 708 billion and profits from 6.7 to 24.8 billion while DHS and other agencies spent 70 billion in 2010 11. US contractors led by Lockheed Martin Boeing Northrop Grumman General Dynamics and Raytheon.
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New York
Iraq
Afghanistan
Osama bin Laden
Sept. Il
David Berteau
Center For Strategic and International Studies
Congress
al-Qaida
Homeland Security
Department of Homeland Security
Office of Management and Budget
DHS
Defense
Lockheed Martin
Boeing
Northrop Grumman
General Dynamics
Raytheon
U.S
BAE Systems
BAE
Defense Department
Congressional Research Service
Indiana State Fair stage collapse raises safety questions
Indiana officials and investigators probe the dramatic stage collapse at the Indiana State Fair that killed five people and injured dozens. The incident raised questions about inspections, weather warnings, and crowd evacuation as regulators review stage design, rigging, and safety procedures while awaiting answers on fault and preventable measures.
MENTIONED IN THIS ARTICLE
Indiana
Indianapolis
Nathan Byrd
Randy Byrd
Byrd
Sugarland
State Fair
Fair
Andy Klotz
Indiana Department of Homeland Security
Homeland Security
Kate Johnson
Department of Code Enforcement
Indiana Occupational Safety and Health Administration
Fishers
Indianapolis Symphony Orchestra
Conner Prairie
Tom Ramsey
National Weather Service
Fairgrounds
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Ky Scot Adami
Fort Worth
Texas
Lawrence Marketplace
Faye Miller
Richard Folks
Maple Street
Eudora
Lust
Johnson County
Lawrence
Register
CraveLawrence
Genovese
Akia
Mr. Goodcents
Eseas & Peat Ud
Guide
Cravelawrence.com
Lawrence Beam
CABLE
Broadcast
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