May 6- Sheila Bair, an outspoken critic of Wall Street during her time as chairman of the Federal Deposit Insurance Corp, has been named president of a liberal arts college near Baltimore. Appointed to lead the FDIC by President George W. Bush in 2006, Bair was one of the first officials to warn about a subprime mortgage crisis but clashed often with those who were...» Read More
JEFFERSON CITY, Mo.-- Missouri's Insurance Department says it has recovered $7.7 million so far this year for consumers with complaints about their insurance companies or coverage.
NEW YORK-- A new exhibition is hailing the fashion sense of Katharine Hepburn, whose trademark khakis and open-collar shirts were decidedly unconventional in the 1930 s and 40 s, when girdles and stockings were the order of the day.
WASHINGTON-- Manufacturing in the Philadelphia region expanded in October following five months of declines, a positive sign for a U.S. manufacturing sector which had been weakening for much of the year. The better-than-expected reading from the Philadelphia survey followed a positive report on national manufacturing conditions.
GRAND ISLAND, Neb.-- North Dakota- based Titan Machinery Inc. says it's buying three CaseIH agriculture equipment dealerships in Nebraska. Titan, of West Fargo, N.D., says it is acquiring Toner's Inc., which operates Toner's in Grand Island, Red Line Equipment in Broken Bow and Ord Equipment in Ord.
SOFT SEPTEMBER: All the big airlines reported traffic declines in September, and Southwest said pricing was soft that month. STILL PROFITABLE: Southwest Airlines Co. still posted a $16 million profit for the quarter. WHAT'S NEXT: Delta Air Lines and US Airways report results on Wednesday, and United Continental is on Thursday.
BRUNSWICK, Ga.-- Business jet manufacturer Gulfstream Aerospace Corp. says it plans to add about 35 employees to its operations in Brunswick, Ga. to keep up with an expanding workload finishing aircraft. Mark Burns, president of Gulfstream Product Support, says the move will increase the company's workforce in Brunswick by about 20 percent.
ENFIELD, Conn.-- Northeast Utilities says it is helping to preserve a large chunk of land in northern Connecticut in partnership with the Connecticut Department of Energy and Environmental Protection.
WASHINGTON-- Medical device maker Boston Scientific said Thursday it swung to a third-quarter loss, as legal fees and restructuring expenses weighed down already-sluggish sales of the company's implants.
NEW YORK-- The Pulitzer Prize-winning playwright of " Clybourne Park" says he recently withdrew permission for a Berlin theater company to produce the play after learning that one of the actors would perform the roles in blackface.
BEIRUT-- Syrian warplanes hammered a strategic city captured by rebels, leaving behind scenes of carnage captured Thursday on amateur videos that showed a man holding up two child-sized legs not connected to a body and another carrying a dismembered arm.
JACKSON, Miss.-- A line of severe storms packing strong winds and possible tornadoes swept across the Southeast overnight, injuring four people in Mississippi, downing power lines and trees and damaging homes around the region, authorities said early Thursday. At least six northern counties in Mississippi reported damage, Rent said.
OLYMPIA, Wash.-- Washington state is still adding jobs, but the growth in employment isn't as robust as it was a few months ago, officials said Wednesday. The state Employment Security Department said the unemployment rate dipped down to 8.5 percent in September from 8.6 percent in August.
BELFAST, Northern Ireland-- The first abortion clinic on the island of Ireland opened Thursday in Belfast, sparking protests by conservatives from both the Catholic and Protestant sides of Northern Ireland. That's the law in both Northern Ireland and the Republic of Ireland, where abortion is otherwise illegal.
THE RESULTS: Philip Morris International Inc.' s third-quarter net income fell more than 6 percent to $2.23 billion, despite higher prices, as the company sold fewer cigarettes.
NAIROBI, Kenya-- More than 80 percent of people living in a conflict zone in Sudan's southern region are eating only one meal a day, compared with 10 percent one year ago, a U.S. advocacy group said Thursday, citing research collected from a region where aid groups aren't allowed to operate.
HONOLULU-- A state appeals court is upholding Honolulu's handling of a half-billion dollar contract for the construction of a commuter rail line. The Honolulu Authority for Rapid Transportation said Wednesday the Intermediate Court of Appeals affirmed the city's decision to disqualify one of the bidders, Bombadier Transportation USA, Inc..
JACKSON, Miss.-- The College Board stalled discussion of a $50- a-semester building fee on full-time students at the University of Mississippi and Mississippi State University, with members saying they want a committee to consider it.