October 2013 deficit hits $120 billion widening fiscal gap
The U S government opened the 2013 budget year with a $120 billion October deficit as spending rose 16 4 percent to $304 3 billion while revenue grew 13 percent to $184 3 billion The Treasury notes this deficit extends a long run of annual shortfalls and increases pressure on Obama and Congress to agree on a budget plan before year end.
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Ivy Asset Management Reach $210 Million Settlement
New York officials announce a $210 million settlement with Ivy Asset Management a BNY Mellon subsidiary that advised clients to invest with Bernie Madoff The agreement also allocates about $9 million to other defendants and with future Madoff bankruptcy payments aims to recover most defrauded investments including upstate New York union pension funds
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Eisner Reenters Film World With Universal Deal
Former Disney CEO Michael Eisner confirms The Tornante Company will finance films distributed by Universal Pictures in a multi year deal. The arrangement, likely to aid outside financing, mirrors existing deals Universal has with Silver Pictures and others. Eisner's Tornante joins his Vuguru online projects like The Booth at the End, streaming on Hulu.
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Tornante
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Universal
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Silver Pictures
Iowa 91 Mon es Sales Rise with Strong Penalty Figures
Data shows 3,477 units sold with 26692 in penalties and a 864 percent increase. The report notes 98.10 percent rate and 26 98.10 figures as context for the sales outcome.
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