A Georgia grower of sweet Vidalia onions has asked a judge to shield him from possible sanctions for shipping his crop.» Read More
FARGO, North Dakota/ BANGOR, Maine, April 15- The U.S. "If you commit to keeping rates low even as the recovery is proceeding, even as we continue to recover, I think people have a sense, the Fed has the recovery's back," Minneapolis Federal Reserve Bank President Narayana Kocherlakota said at North Dakota State University.
TOKYO- Bank of Japan Governor Haruhiko Kuroda speaks at the Japan Trust Banks Association- 0615 GMT. LJUBLJANA- Slovenia Finance Minister Uros Cufer speaks at a business conference on the European and Slovenian banking sector- 0700 GMT.
SAN FRANCISCO— A trade group for wireless providers said Tuesday that that nation's biggest mobile device manufacturers and carriers will soon put anti-theft tools on the gadgets to try to deter rampant smartphone theft.
ATLANTA, April 15- The U.S. Federal Reserve is considering further steps to force big banks to hold more capital, and sees a case for other stability-enhancing measures for more shadowy areas of Wall Street as well, Fed Chair Janet Yellen said on Tuesday.
JACKSON, Miss.— Southern Co. says it has signed a deal with a state-owned Chinese coal and energy company to work together to develop coal technologies, based in part on the coal gasification and carbon capture technology that Southern subsidiary Mississippi Power Co. is deploying at the $5 billion Kemper County power plant.
But Congress will have to act fast. Foxx's warnings this week echo ones by President Barack Obama, who cautioned in February that unless Congress finished a bill by summer's end then "we could see construction projects stop in their tracks."
*Rejects shareholder Vintage Capital's $2.3 bln offer. April 15- Aaron's Inc, a rent-to-own furniture and electronics retailer, rejected a $2.3 billion takeover offer from a major shareholder and instead bought a web-based retail credit financing firm for about $700 million to provide customers with easier payment terms.
REIDSVILLE, Ga.— A Georgia judge Tuesday refused to intervene in a legal battle between a prominent Vidalia onion farmer and the state's agriculture commissioner over a new regulation aimed at keeping unripe onions from reaching store shelves.
WASHINGTON— The Federal Reserve may be about to turn more aggressive in its regulation of the financial system. Fed Chair Janet Yellen suggested Tuesday that current regulatory rules might not be enough to prevent the kind of risk-taking that triggered the 2008 financial crisis and nearly toppled the entire banking system.
ATLANTA— Furniture leasing company Aaron's has agreed to buy online rent-to-own finance company Progressive Finance Holdings for $700 million in cash in a bid to turn around its business even as it cut its first-quarter outlook.
Federal Reserve chairman Ben Bernanke visits India. CANBERRA, Australia- RBA Assistant Governor Guy Debelle speaks to the Economic Society of Australia in Canberra- 0230 GMT. DUBLIN- Irish financial regulator Cyril Roux speaks at conference on' The Future of Prudential Regulation'- 0900 GMT.
Black spent the past 18 months working with farmers on a new rule that prohibits packaging Vidalia onions for shipping before the last full week of April. Any farmer who ships onions before the official start date next Monday faces fines of up to $5,000 per bag or box, and could be banned from selling onions under the Vidalia trademark in the future.
ATLANTA— Parents of a Georgia teenager who suffered a severe brain injury in a 2009 car crash say General Motors knew of a defect in her car but took steps to conceal it.
*Congress probes automaker's failure to fix until 2014.
WASHINGTON- ECB Governing Council member Jens Weidmann and German Finance Minister Wolfgang Schaeuble to hold a national press conference in Washington- 1730 GMT.
*Appeals court says case did not belong in New Jersey. *Diane Sawyer, Michael Bloomberg, Rahm Emanuel were victims. The 3rd U.S. Circuit Court of Appeals said the prosecution of Andrew Auernheimer did not belong in New Jersey, hundreds of miles from his alleged crimes, and as a result, his November 2012 conviction and 41- month prison sentence could not stand.
TORONTO- Ontario Finance Minister Charles Sousa speaks at the Intercontinental Hotel in Toronto- 1600 GMT. WASHINGTON- German Finance Minister Schaeuble speaks at Center on Foreign Relations in Washington- 1715 GMT. WASHINGTON- 2014 Spring Meetings of the International Monetary Fund and the World Bank Group.
April 10- General Motors Co said it has placed two engineers on paid leave as part of an internal investigation into defective ignition switches linked to 13 deaths and the global recall this year of 2.6 million cars. Reuters has confirmed that the engineers are Ray DeGiorgio and Gary Altman.
NEW YORK— At a time when interest in American civil rights memorabilia is rekindled, a lifetime's worth of Rosa Parks' belongings— among them her Presidential Medal of Freedom— sits in a New York warehouse, unseen and unsold.
Democrats countered with a plan that would leave Obama's health care plan and rapidly growing health programs like Medicare intact, relying on $1.5 trillion in tax hikes over the coming decade to bring deficits down to sustainable but still-large levels in the $600 billion range.