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    • 10 defining moments of the Sochi Olympics
      It promises to be another memorable occasion — but will it beat Winters Games gone past? The 17-day sporting extravaganza is being dubbed as the most expensive Olympics ever, with the Russians having spent $50 billion on turning the faded Black Sea resort into a rejuvenated host venue. Thousands of athletes from over 80 different […]
    • New Jersey Gov. Chris Christie
      With former Port Authority official David Wildstein’s new claim that  “evidence exists” showing Christie knew about the politically motivated lane closings on the George Washington Bridge back in September, several Jersey State politicians are already floating the dreaded “I” word: impeachment. It wasn’t so long ago that New Jersey Gov. Chris Christie was a popular Republican […]
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    • HP sues Autonomy founders for $5.1bn March 31, 2015
      HP sues Autonomy co-founder Mike Lynch and ex-finance officer Sushovan Hussain, as Autonomy's former management says it will launch a counter-claim.
    • Mining and tobacco firms hit FTSE March 31, 2015
      The FTSE 100 is dragged lower by mining and tobacco firms, but shares in Kingfisher rise after it announces plans to revamp the business.
    • Election fight over living standards March 31, 2015
      The Conservatives and Liberal Democrats welcome pre-election figures showing growth in household incomes, but Labour says it has been the "slowest recovery for 100 years".
    • Brave new world for EU dairy farmers March 31, 2015
      Farms vie for market share as EU milk quotas go
    • VIDEO: UK economy grows by 2.8% March 31, 2015
      Official figures show that the UK economy grew by 2.8% in 2014, the highest rate of growth since 2006.
    • Taiwan and Norway sign up to AIIB March 31, 2015
      Taiwan and Norway join 40 nations to sign up to the new Asian Infrastructure Investment Bank, but Japan has yet to decide whether to join.
    • Lufthansa puts $300m aside for crash March 31, 2015
      An additional $300m is being put aside to deal with possible costs arising from the Germanwings plane crash, Lufthansa officials say.
    • VIDEO: How much tax does the UK pay? March 31, 2015
      The UK state is "relatively large compared to the overall size of the economy" says the Economic Intelligence Unit.
    • VIDEO: Ultra-thin models could face jail March 31, 2015
      Models with a BMI of less than 18 could be fined or sent to prison, under legislation being considered by France.
    • UK economic well-being 'improving' March 31, 2015
      The financial well-being of UK households improved last year, but overall it is not much better than it was five years ago, according to official figures.

Posts Tagged "bank bailout"

I Want to Have Citibanks Spare Chump Change

The high-flying execs at Citigroup caved under pressure from President Obama and decided today to abandon plans for a luxurious new $50 million corporate jet from France. The bank used TARP funds to purchase a new corporate jet for executives. The decision came 24 hours after the banking giant, which was rescued by a $45 […]