Pete Earley, the author of a book about Mr. Tretyakov, “Comrade J.: The Untold Secrets of Russia’s Master Spy in America After the End of the Cold War” (2008), wrote on his Web site, www.peteearley.com, that Ms. Tretyakov gave the cause of death as coronary arrest, and that she had ...
By Blake Ellis, staff reporterMay 21, 2010: 12:05 PM ET NEW YORK (CNNMoney.com) — The troubled euro zone is being eyed by Americans as this summer’s hot spot. Rioting in Greece and a looming debt crisis in much of Europe are leading to a weaker currency and steep discounts designed ...
GREENWOOD, Miss. – If you want to know what it takes to manufacture a product in the United States these days, just ask Fred Carl. The founder, president and CEO of Viking Range, Carl virtually invented the market for half-ton, restaurant-sized stoves in the home, launching his company in the ...
The world of currency exchange is Byzantine, with unfavorable exchange rates and fees that aren’t always transparent. Which is better: converting dollars at home or overseas? At a bank or a currency exchange booth? At the airport or the hotel? Or should we simply rely on plastic? “In the last ...
Yet in the back of your mind comes a nagging question: how different, really, is the United States? The numbers on our federal debt are becoming frighteningly familiar. The debt is projected to equal 140 percent of gross domestic product within two decades. Add in the budget troubles of state ...
What was once a local worry about the debt burden of one of Europe’s smallest economies has quickly gone global. Already, jittery investors have forced Brazil to scale back bond sales as interest rates soared and caused currencies in Asia like the Korean won to weaken. Ten companies around the ...
By the CNN Wire Staff April 30, 2010: 5:48 AM ET WASHINGTON (CNN) — — The U.S. Commodity Futures Trading Commission says it has levied a multimillion-dollar fine against a division of Morgan Stanley and a smaller fine against UBS for violating trading rules on the New York Mercantile Exchange. ...
NEW YORK – Goldman Sachs Group was charged with fraud by the U.S. Securities and Exchange Commission over its marketing of a subprime mortgage product, igniting a battle between Wall Street’s most powerful bank and the nation’s top securities regulator. The civil lawsuit is the biggest crisis in years for ...
PROSPECT HARBOR, Maine – A deal is close to save the plant that was the nation’s last sardine cannery and use it to process lobsters and other types of seafood, the Maine governor’s office said Thursday. A seafood-processing company has signed a nonbinding letter of intent to buy the Stinson ...
PROSPECT HARBOR, Maine – The intensely fishy smell of sardines has been the smell of money for generations of workers in Maine who have snipped, sliced and packed small, silvery fish into billions of cans on their way to Americans’ lunch buckets and kitchen cabinets. For the past 135 years, ...
“After giving my best to this child, I am sorry to say that for the safety of my family, friends and myself, I no longer wish to parent this child,” she wrote. The boy’s plight prompted the Russian government to say on Friday that it would suspend all adoptions of ...
Opposition politicians, speaking on state television after it was seized by protesters, said they had taken control of the government after a day of violent clashes that left more than 40 people dead and more than 400 wounded. The instability called into question the fate of a critical American air ...
WASHINGTON – Bank bailouts are turning out to be great business for the government. Unfortunately for taxpayers, other federal rescues will almost certainly wind up in the red. The Treasury Department said Monday it will begin selling its stake in Citigroup Inc. at a potential profit of about $7.5 billion ...
Among the banks that rule Wall Street, Citigroup got a bailout that was bigger than the rest. Now the company is about to pay a king’s ransom for its federal rescue. The Obama administration is making final preparations to sell its stake in the New York bank, according to industry ...
Yet the surprise is not that interest rates jumped. The real question is: What took them so long? Despite today’s mind-boggling level of public debt and deficits, and extraordinary monetary expansion, interest rates have remained surprisingly low. The 10-year Treasury interest rate, yielding 4 percent before the September 2008 collapse ...
WASHINGTON – Get ready for another decade of quarter-mania. The U.S. Mint is hoping to repeat the phenomenal success it had with the 50-state quarter program with a new series of designs featuring the country’s national parks and forests. The first five designs were unveiled in a ceremony Wednesday at ...
By David Ellis, staff writerMarch 22, 2010: 4:48 AM ET NEW YORK (CNNMoney.com) — The long-anticipated wave of mergers in the banking sector could soon be upon us. The buyers, however, may not be from the United States. Canada’s Toronto Dominion Bank (TD) and Royal Bank of Canada (RY) have ...
