AP source: Treasury secretary eyeing departure

AP source: Treasury secretary eyeing departure from administration following debt talks PHILADELPHIA (AP) — A person familiar with his thinking says Treasury Secretary Timothy Geithner (GYT’-nur) is considering leaving the administration following the current round of budget negotiations. The source spoke on condition of anonymity Thursday to discuss private deliberations. The source emphasized that no […]

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Mortgage exec gets 30 years for $3 billion fraud

ALEXANDRIA, Va. (AP) — An executive convicted of orchestrating a nearly $3 billion fraud as chairman of one of America’s largest private mortgage companies was sentenced Thursday to 30 years in prison by a judge who accused him of lacking remorse. The case against Lee B. Farkas, former chairman of Florida-based Taylor Bean Whitaker, is […]

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Stocks dipped in June, but some think it’s a blip

FILE – In this June 22, 2011 file photo, specialist William Bott looks at a screen as he works on the floor of the New York Stock Exchange. For investors, June was one long seesaw ride that began with a deep plunge on the first day of the month. Seven days of declines were followed […]

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Tired of paying for Windows? Try Linux instead

Actually, Mr. Dee: a) here’s my new sales pitch to promote Linux…see how you like it…think of a Sham-wow commercial: “Are you tired of paying $100-200 to upgrade to the “latest, greatest” OS by that…big name company? Tired of having to pay $100-400 to buy better hardware to run it as good as the old […]

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Arizona Getting 2.8 Miles of Bigger, Stronger Border Fence

From the Arizona Republic: The federal government is tearing out the rusting, flimsy, sheet-metal wall that separates Nogales, Ariz. from Mexico, replacing it with a higher, see-through fence that officials say is safer, harder to breach and less of an eyesore. The new fence is made of closely spaced steel beams set in concrete several […]

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Congressman on Stopping Illegal Aliens: 'I'll Do Anything Short of Shooting Them'

(CNSNews.com) – On Wednesday Rep. Mo Brooks (R.-Ala.) told Alabama TV station WHNT-TV, that he will do “anything short of shooting” illegal aliens to address the issue of illegal immigration. “They have no right to be here,” Brooks said. “They’re clogging up our emergency rooms. They’re making our education system more expensive, and if you […]

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AP Exclusive: Fuzzy math in health law formula

FILE – In this March 23, 2010, file photo President Barack Obama signs the health care bill in the East Room of the White House in Washington. Another unintended consequence of President Barack Obama’s health care law has surfaced: Older adults of the same age and income with similar medical histories could pay widely different […]

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Stocks rise as Greece clears final bailout hurdle

FILE – In this June 22, 2011 photo, traders work on the floor of the New York Stock Exchange. World markets moved higher Thursday, June 30, as investors await Greece’s final stamp of approval on a package of harsh austerity measures aimed at preventing the heavily indebted country from defaulting. (AP Photo/Richard Drew, file) NEW […]

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Greece clears final hurdle to get bailout funds

A woman holding a handkerchief to her face to protect herself from lingering tear gas passes by an elderly beggar while, in the background, two workers replace broken hotel windows in central Athens on Thursday, June 30, 2011. Rioters caused extensive property damage during anti-government protests Wednesday while police riposted with heavy use of chemicals. […]

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Lilly pitches plan to overcome key patent losses

SymbolPriceChangeLLY37.39+0.12MDCO16.43+0.11MRK35.37+0.27PFE20.60-0.07{“s” : “lly,mdco,mrk,pfe”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} INDIANAPOLIS (AP) — Eli Lilly and Co., only months away from losing patent protection for its top-selling drug, told investors Thursday the keys to overcoming this and other patent losses lie in its labs and emerging markets like China. The Indianapolis company has 33 potential drugs […]

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