government

Dynavax posts 2Q loss, weighed down by expenses (AP)

AP - Drug developer Dynavax Technologies Corp. said Friday that higher operating expenses, weak revenue and costs linked to a stock offering drove it to a second-quarter loss, reversing a year-ago profit.

See the original post here: 
Dynavax posts 2Q loss, weighed down by expenses
(AP)

government

Oil prices settle near $79 (AP)

AP - Energy prices settled higher on a day of uneven trading after the government said the economic recovery slowed during the second quarter as consumers conserved their money.

See the original post: 
Oil prices settle near $79
(AP)

government

Congress to try to recoup Fannie, Freddie costs (AP)

AP - Lawmakers plan to study ways to get back some of the $145 billion the government has pumped into giant mortgage buyers Fannie Mae and Freddie Mac.

See the rest here: 
Congress to try to recoup Fannie, Freddie costs
(AP)

government

Treasury announces sale of more Citigroup stock (AP)

AP - The Treasury Department said it will sell 1.5 billion shares of Citigroup stock over the next two months, the latest effort to recoup money from the government’s $700 billion financial bailout.

More here: 
Treasury announces sale of more Citigroup stock
(AP)

government

Bailout watchdogs slam Obama housing programs (Reuters)

Reuters - Obama administration housing rescue programs have been ineffective at preventing a rise in home foreclosures even as the government’s support for the mortgage market grew by nearly $700 billion in the past year, U.S. bailout watchdogs said on Wednesday.

Go here to see the original:
Bailout watchdogs slam Obama housing programs
(Reuters)

government

Gov’t watchdogs: mortgage program is not working (AP)

AP - Government watchdogs told a Senate panel Wednesday that the Obama administration’s effort to help homeowners avoid foreclosure isn’t working and that the Treasury Department has failed to fix the program.

More here: 
Gov’t watchdogs: mortgage program is not working
(AP)

government

Europe gets a breather before bank stress tests (AFP)

AFP - The markets have given Europe some respite in its struggle against debt but the EU faces a moment of truth this week with tests that will show whether banks can survive a new economic cataclysm.

Excerpt from:
Europe gets a breather before bank stress tests
(AFP)

government

Anticipation of Goldman deal turns stock around (AP)

AP - GOLDMAN COMEBACK: Expectations that Goldman Sachs Group Inc.

See more here: 
Anticipation of Goldman deal turns stock around
(AP)

government

Greek flights halted by civil servant protest (AP)

AP - Flights in Greece have been grounded for at least four hours by a civil servants’ protest against austerity measures and an overhaul of the country’s pension system.

The rest is here:
Greek flights halted by civil servant protest
(AP)

government

Airline fees make it hard to shop for best deal (AP)

AP - A government watchdog says airline fees for checked bags and other services are complicating things for consumers trying to find the best deal on airfare.

More here:
Airline fees make it hard to shop for best deal
(AP)

Next Page »