Ryan and wife release tax returns showing 20 and 15.9 percent rates
Washington Reuters report notes Paul Ryan and wife Janna paid 64,764 dollars on 323,416 dollars adjusted gross income with a 20 percent rate last year and 34,233 dollars on 215,417 dollars in 2010. The disclosures continue the Romney-Ryan tax drama amid calls for fuller past filings.
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Re-entry program director at jail stepping down
Shannon Murphy leaves the Douglas County Jail re entry program after four years guiding strides in reducing recidivism 44 percent from 2008 to 2011 and expanding staff. Her successor will be chosen as McGovern seeks to build on gains improving public safety and community ties with agencies aiding inmates' transition.
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Mondays Drag Market Down Across Decades
The least loved day tends to see market declines with the Dow down on 10 of the past 11 Mondays and the Vix rising on about two thirds of this year’s Mondays. Analysts cite news timing, investor mood, and long running patterns noting similar trends for the S&P 500 and Dow since 1900.
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Hawker Beechcraft seeks more time to file bankruptcy plan
Notable Hawker Beechcraft asked the bankruptcy court for an extension of exclusivity to file a Chapter 11 plan to December 29 and to extend the period to solicit plan acceptances to February 27. The Wichita based plane maker says extra time is needed to evaluate emerging from bankruptcy as a stand alone company or via a third party sale.
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Market Wrap: Major Indices Rally and Commodities Edge Higher
Friday markets show Dow at 13 275.20 and Nasdaq at 3 076.59 with S&P 500 at 1 418.16. Oil gains 40 cents to 96.01, gold up 20 cents to 1619.40, soybeans rise 20.50 cents to 16.46 per bushel, corn up 0.25 cent to 8.07, wheat 3 cents higher to 8.86.
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