Buffett backs JPMorgan actions amid trading losses
Warren Buffett said JPMorgan Chase is handling its multibillion dollar trading losses appropriately and noted banks take risks. He praised Jamie Dimon’s leadership, discussed Europe’s debt problems, health care costs, and Berkshire’s potential newspaper investments.
MENTIONED IN THIS ARTICLE
Omaha
Neb
Warren Buffett
Jpmorgan Chase
Berkshire Hathaway Inc
Bloomberg Television
Europe
Berkshire
Wells Fargo
Bank of America
Buffett
Jpmorgan
Jamie Dimon
Wells Fargo & Co
Bank of America Corp
U.S
Sun Valley
Idaho
Allen & Co
Wall Street
United States
Barack Obama
Supreme Court
Obama
Chinese tycoon to buy Hawker Beechcraft ops for 1.79B
Beijing based Superior Aviation Technology led by Shenzong Cheng agreed to acquire Hawker Beechcraft civilian operations for 1.79 billion. The deal raises concerns about jobs and technology transfer as Wichita workers seek clarity on Cheng's plans and the future of production in the United States.
MENTIONED IN THIS ARTICLE
Wichita, Kan
Beijing
Shenzong Cheng
China
America
Cheng
Superior Aviation Beijing Co. Ltd
Hawker Beechcraft
Superior
Tim Archer
Associated Press
Superior Aviation
United States
Hawker
Beechcraft
Kansas
Arkansas
Texas
Qian Chunyuan
Beijing Superior Aviation Technology Corp. Ltd
Qin Wang
Qingdao Haili Helicopter Co. Ltd
Oriental Morning Post
Shanghai
Weifang Tianxiang Aviation Technology Co. Ltd
U.S
Superior Air Parts Co
Little Rock
Ark
U.K
Mexico
SBA disaster aid announced for New Mexico bear fire impact
The Small Business Administration declares a disaster in Lincoln county and seven surrounding counties in New Mexico after Gov. Susana Martinez request. Homeowners renters and businesses may apply for low interest loans up to 2 million with 30 year terms. Applicants can visit the Disaster Loan Outreach Center in Capitan starting July 10 or apply online via the SBA disaster loan portals.
MENTIONED IN THIS ARTICLE
Sacramento
Cailif
Small Business Association
New Mexico
Little Bear
SBA
Susana Martinez
Lincoln
Chaves, de Baca
Guadalupe
Otero, Sierra, Socorro
Tor
Rance
U. S
Small Business Administration
Karen G. Mills
John C. Woosley
Little Bear Recovery Center
Capitan
Woosley
Sba.gov
Ela
Euro Rebounds From Two Year Low After China Data
The euro rose to 1.2241 dollars late Friday after hitting 1.2161 earlier in the day, as China reported 7.6 percent second quarter growth meeting expectations and Italy wrapped a successful bond auction. The dollar also eased against the yen, franc, pound, and Canadian dollar.
MENTIONED IN THIS ARTICLE
New York
China
Italy
Rebate drop follows New Mexico film incentive cap
The Taxation and Revenue Department says 85 film rebate requests totaling over 19 million were approved in the year ended June 30, with 27 more applications over 14 million pending. Rebates paid fell from 102 million though approvals rose from 55 in fiscal 2011. The cap and industry slowdown affect the film business. Maurices names Tracy Spivey store manager.
MENTIONED IN THIS ARTICLE
Santa FE
New Mexico
Taxation and Revenue Department
The
Albuquerque Journal
Also Mentioned on This Page
Dimon
Berkshire Hathaway
Phillips 66
ConocoPhillips
Allen & Company
Frank Larkin
Wichita
Boeing
Spirit AeroSystems
Cessna
Bombardier
21St Century Business Herald
Qian
Qingdao
Brantley
FAA
Beijing Municipal Govern
Tion Industry
Disasterloan
Kingsport Rd
Ft. Worth
Finance and Administration
Tom Clifford
Maurices
Tracy Spivey
Spivey
Maurices Maurices
Ascena Retail Group Inc
ASNA
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