NEW YORK, May 6- For the second time in a week, a federal judge has blocked a securities arbitration against Citigroup Inc, allowing the bank to avoid fighting a multi-million dollar case before Financial Industry Regulatory Authority arbitrators.
NEW YORK, May 6- For the second time in a week, a federal judge has blocked a securities arbitration against Citigroup Inc, allowing the bank to avoid fighting a multi-million dollar case before Financial Industry Regulatory Authority arbitrators.
*Congress may find it difficult to say no to cancer patients. Congress was worried about a toxic public backlash when it moved quickly to allow the Federal Aviation Administration to use some airport improvement funds to pay salaries of air traffic controllers, ending furloughs that had delayed thousands of flights across the country.
*Congress may find it difficult to say no to cancer patients. Congress was worried about a toxic public backlash when it moved quickly to allow the Federal Aviation Administration to use some airport improvement funds to pay salaries of air traffic controllers, ending furloughs that had delayed thousands of flights across the country.
May 3- Duke Energy Corp, the largest power provider in the United States, reported a lower-than-expected quarterly profit on Friday, citing weak electricity demand and higher costs at two key units. Duke operates an international power supply business, primarily in South America, but the United States is its largest market.
May 3- Duke Energy Corp, the largest power provider in the United States, reported a lower-than-expected quarterly profit on Friday, citing weak electricity demand. For the first quarter, the company posted a profit of $634 million, or 89 cents per share, compared with $295 million, or 65 cents per share, a year earlier.
May 2- Duke Energy, the largest U.S. electric utility, said it notified regulators on Thursday that it will drop plans to build two new nuclear reactors in North Carolina due to slow growth in power demand.
President Barack Obama on Wednesday nominated a veteran Democratic congressman to oversee mortgage financiers Fannie Mae and Freddie Mac, a choice that could set up a contentious political debate over housing policy.
President Barack Obama on Wednesday nominated a veteran Democratic congressman to oversee mortgage financiers Fannie Mae and Freddie Mac, a choice that could set up a contentious political debate over housing policy.
President Barack Obama on Wednesday nominated a veteran Democratic congressman to oversee mortgage financiers Fannie Mae and Freddie Mac, a choice that could set up a contentious political debate over housing policy.
President Barack Obama on Wednesday nominated a veteran Democratic congressman to oversee mortgage financiers Fannie Mae and Freddie Mac, a choice that could set up a contentious political debate over housing policy.
*Private hiring rises by 119,000 jobs in April. NEW YORK, May 1- U.S. companies hired the smallest number of employees in seven months in April while manufacturing growth slowed, providing more signs that the economy is encountering a soft patch.
*Private hiring rises by 119,000 jobs in April* Two reports show manufacturing growth slowed* Slower economic growth seen keeping Fed on course. NEW YORK, May 1- U.S. companies hired the smallest number of employees in seven months in April while manufacturing growth slowed, providing more signs that the economy is encountering a soft patch.
*White House faced pressure to replace current FHFA chief. Representative Mel Watt, a longtime consumer advocate, to oversee mortgage financiers Fannie Mae and Freddie Mac, a White House official said.
*White House faced pressure to replace current FHFA chief. Representative Mel Watt, a longtime consumer advocate, to oversee mortgage financiers Fannie Mae and Freddie Mac, a White House official said.
*ADP payrolls growth undershoots forecasts. NEW YORK, May 1- U.S. Since the last FOMC meeting, the data have been coming in weaker than expected, "said Sam Bullard, senior economist at Wells Fargo in Charlotte, North Carolina."
NEW YORK, May 1- U.S. companies hired the smallest number of employees in seven months in April while manufacturing growth slowed, providing more signs that the economy is encountering a soft patch.
NEW YORK, May 1- U.S. private-sector hiring slowed again in April as companies added the fewest employees in seven months, the latest sign the economy is encountering a soft patch, a report by a payrolls processor showed on Wednesday.
NEW YORK, May 1- U.S. private-sector hiring slowed again in April as companies added the fewest employees in seven months, the latest sign the economy is encountering a soft patch, a report by a payrolls processor showed on Wednesday.
President Barack Obama plans to nominate Democratic congressman Mel Watt to oversee mortgage financiers Fannie Mae and Freddie Mac, a White House official said on Wednesday. The official said the announcement was expected to come from the White House on Wednesday. The White House said there would be a "personnel announcement" at 2:15 p.m..