Eric Linton

961-990 (out of 1507)

Congress Near Deal on Payroll Tax, Unemployment Aid

U.S. lawmakers were close to a deal Tuesday on legislation that would boost the economy in the short term by extending a payroll tax cut for 160 million workers through this year and continue long-term jobless benefits, congressional aides said.

Nikkei Slips; Insurers Underperform

Japan's Nikkei share average slipped on Tuesday but still hovered near the 9,000 level, with non-life insurers underperforming after MS&AD Insurance Group Holdings (8725.T) cut guidance on heavy losses on the flooding in Thailand.

Greek Riots: 'This Was Just the Beginning'

Greek political leaders say the nation must accept yet more punishing austerity or face a social explosion, but after a night of violence and destruction in Athens, some people fear this explosion may already be about to begin.

Gold Rises in Pace with Markets on Greek Vote

Gold strengthened Monday in line with gains in shares and the euro after Greece's parliament finally approved a deeply unpopular austerity bill to secure a second bailout from the European Union and the IMF to avoid bankruptcy.

Greek Parliament Passes Deep Cuts as Athens Burns

Just after midnight Monday, the Greek parliament approved a deeply unpopular austerity bill to secure a second EU/IMF bailout and avoid national bankruptcy, as buildings burned across central Athens and violence spread around the country.

Fans and Cops Both Found to Blame for Egypt Soccer Riot

An Egyptian parliamentary inquiry into the deaths of 74 people in a soccer stadium disaster has found both fans and lax security to blame for the worst incident of its kind in the country's history, the legislator leading it said on Sunday.

Greek Parliament Passes Cuts to Get Bailout, as Athens Burns

Historic cinemas, cafes and shops went up in flames in central Athens Sunday as black-masked protesters fought Greek police outside parliament, while inside lawmakers looked set to defy the public rage by endorsing a new EU/IMF austerity deal.

Greeks Riot Outside Parliament as Parties Debate Austerity

Black-masked protesters throwing petrol bombs created a wall of fire Sunday outside Greece's parliament as lawmakers inside looked set defy public rage by endorsing a new austerity deal to secure an EU/IMF bailout and avoid national bankruptcy.

Shining Path Rebel Leader Killed by Peruvian Army

The most important leader of Peru's leftist Shining Path insurgency has been found dead by security forces after being shot in a remote jungle rife with drug trafficking, President Ollanta Humala said on Sunday in his first major victory against what remains of the rebel group.

Doubts on Greece Deal Weigh on Asian Stocks, Euro

The euro and Asian shares pulled back Friday as investors remained concerned about prospects of restructuring Greece's debt and global lenders demanded more steps even after it struck a long-awaited deal on fiscal reforms.

Bloodbath Looms in Homs as Assad Masses Tanks for Assault

Tanks amassed outside opposition neighborhoods in Homs Friday as Alawite-led forces bombarded the Syrian city for the fifth day and residents expected a major push to subdue the center of revolt against President Bashar al-Assad's rule

House Passes Congressional Insider Trading Ban, 417-2

The House of Representatives on Thursday overwhelmingly passed new curbs on insider trading by lawmakers and other government officials despite complaints from Democrats and some Republicans that key anti-corruption provisions were dropped.

Republicans Push for Action on Payroll Tax

Republicans expressed frustration Thursday at the slow pace of negotiations over extending a tax break for workers that expires at the end of the month, accusing President Barack Obama and Senate Democrats of blocking agreement.

Greek Standoff Weighs on Asian Markets, Euro

Asian shares and the euro struggled Thursday, as sentiment grew cautious after Greek political leaders failed to conclude a deal for a bailout package crucial to avoiding a messy debt default.

Diamond Foods Fires CEO; Stock Crashes

Diamond Foods Inc removed top management after a probe by its audit committee found that the company improperly accounted for payments to walnut growers, sending its shares down 40 percent in after-hours trading.

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