The PGA Tour and Travelers extend the insurance company's title sponsorship through 2024.» Read More
By Sarah N. Lynch and Alexandra Alper. WASHINGTON, Oct 2- Two Senate Republicans on Tuesday slammed Treasury Secretary Timothy Geithner for failing to wean U.S. firms off a key British benchmark interest rate that he knew was being rigged, resulting, the lawmakers said, in costly litigation that hurts American taxpayers.
NEW YORK, Oct 2- The chairman of the U.S. board that sets accounting standards for state and local governments will retire next June, a year ahead of the end of his term and as controversial new standards for pensions start kicking in.
Oct 2- Mohegan Tribal Gaming Authority:. *Gaming- on September 27 announced the implementation of a workforce. *Gaming says reduction at its Uncasville, Connecticut property of.
WASHINGTON-- The U.S. economy is looking more resilient, thanks in part to encouraging signs for the two most expensive purchases most Americans make: cars and homes. Cheap loans and a bounty of fuel-efficient models enticed people to buy new vehicles at a brisk pace last month.
Resorts has begun a new joint marketing program in which its gamblers and those two other Mohegan-owned casinos in Connecticut and Pennsylvania can use rewards points at any of the three destinations. The company will now let gamblers use their credits at Resorts, as well as Mohegan Sun in Connecticut and Mohegan Sun at Pocono Downs in Pennsylvania.
NEW YORK-- An analyst cut his rating on shares of Starwood Hotels& Resorts Worldwide Inc. on Tuesday because of the weaker global economy. Raymond James' William Crow lowered his rating to "Outperform" from "Strong Buy" for the operator of the Sheraton, Westin, W and St.
Treasuries prices ended slightly higher on Tuesday as investors waited on key employment data scheduled for later this week and as Spain appeared to be on track, if not yet ready, to get assistance to ease its debt crisis.
By Chris Reese and Ana Nicolaci da Costa ADVISORY- Reuters plans to discontinue its daily report on the money markets in New York as of Oct. 15. NEW YORK/ LONDON, Oct 2- The U.S. Treasury sold $40 billion of four-week bills at a high rate of 0.1 percent, up from 0.055 percent in a similar sale last week and the highest since a four-week bill auction on Sept. 5.
*Spain bailout talk, Australia rate cut weigh. However, European officials say Germany has signal led Spain should hold off. An aid request from Spain would pave the way for the European Central Bank to buy Spanish bonds.
CoreLogic, a private real estate data provider, also said Tuesday that prices rose 0.3 percent in August from July, the sixth straight monthly gain. Housing prices are rising in most areas, according to CoreLogic.
The lawsuit was filed by the Oglala Sioux Tribe, which governs the Pine Ridge Indian Reservation, where alcohol is banned. Four beer stores named in the suit sold the equivalent of 4.3 million 12- ounce beer cans last year even though they're in Whiteclay, a Nebraska town with about a dozen residents on the reservation's border.
--We are putting all ratings on Stamford, Conn.- based diversified printing company Cenveo Inc., including our' B' corporate credit rating, on CreditWatch with negative implications. Rating Action On Oct. 2, 2012, Standard& Poor's Ratings Services placed all ratings for Cenveo Inc..
*Spain seen requesting bailout, but uncertainty weighs. NEW YORK, Oct 2- The euro continued to strengthen against the dollar on Tuesday on expectations that a request by Spain for a bailout is imminent, but major stock markets fell on uncertainty of when Madrid will make its request and growing uneasiness over third-quarter earnings.
*Uncertainty about timing of a Spain bailout request cited. Earlier, Treasuries had slipped as talk of Spain being willing to seek a bailout, along with an unexpected rate cut by Australia's central bank, gave riskier assets an edge over safe-haven U.S. debt.
GREENWICH, Conn.-- Shares of Blyth Inc. rose more than 7 percent in after-hours trading Monday after the company said it agreed to defer the final closing of its purchase of ViSalus, in which it already owns a majority stake, until April 2014. Blyth first invested in ViSalus in August 2008, buying a 43.6 percent stake for $13 million.
*China's factory activity shrinks for 2nd month in Sept. NEW YORK, Oct 1- Brent crude slipped on Monday as signs of economic weakness in Asia and a looming recession in the debt-saddled euro zone tempered more optimistic U.S. manufacturing data. Federal Reserve's latest quantitative easing and geopolitical tensions in the Middle East.
NEW YORK-- Wendy Weil, a beloved literary agent known for her low-key but determined style and for an eclectic clientele of groundbreaking and best-selling authors, from Alice Walker and Rita Mae Brown to Fannie Flagg and Mark Helprin, has died. "It's like a face fell off Mount Rushmore," Brown told The Associated Press.
MERIDEN, Conn.-- State and federal officials are set to announce on Monday $121 million in federal funding for a high-speed rail project between New Haven, Conn. and Springfield, Mass.. In total, $365 million in state and federal funding has been committed to the Connecticut portion of the New England rail system.
Long a punch line for harried Northeast travelers, Amtrak has come to dominate commercial travel in the corridor connecting Washington, New York and Boston, and this summer its trains are packed, the New York Times reports.