Business Stories from June 30, 2011 (Change date)
-
Illinois company fighting patent on blood thinnerJun 30, 2011 12:00 am - WASHINGTON — A billion-dollar “technical revision” added to a patent bill passed by the House last week could provide huge financial benefits to one pharmaceutical compa...
-
S&P says U.S. will get lowest rating if it defaultsJun 30, 2011 12:00 am - WASHINGTON — A Standard & Poor’s executive says the agency will give the U.S. government its lowest credit rating if lawmakers fail to raise the borrowing limit and the ...
-
U.S. stocks risingJun 30, 2011 12:00 am - NEW YORK — Stocks rose sharply Thursday, putting the market on track for its fourth straight gain, after Greece cleared a final hurdle toward receiving its next installm...
-
Greece set for final vote on cuts after riotsJun 30, 2011 12:00 am - ATHENS, Greece — Greek lawmakers are set to pass a bill Thursday to fast-track fresh austerity measures demanded by creditors, following two days of rioting in Athens th...
-
U.S. banker-bonus rules unfair to Europe, says consultantJun 30, 2011 12:00 am - European banks are at a competitive disadvantage in employee compensation compared with their U.S. counterparts because of the different rules imposed by regulators, acc...
-
Federal jobless tax for employers expiresJun 30, 2011 12:00 am - WASHINGTON — Nearly every private employer in the U.S. will get a tax cut on Friday, thanks to the expiration of a 35-year-old “temporary” unemployment tax. It’s a modes...
-
Emanuel: Organized labor to change or lose jobsJun 30, 2011 12:00 am - Chicago Mayor Rahm Emanuel is giving labor leaders a choice: agree to work-rule changes or face 625 layoffs. Emanuel says that’s the decision on the table as he works to...
-
Thousands walk off the job in UK in pension protestsJun 30, 2011 12:00 am - LONDON — British teachers and public service workers swapped classrooms and offices for picket lines Thursday as hundreds of thousands walked off the job to protest pens...
-
China eases tax burn on poorJun 30, 2011 12:00 am - BEIJING — China’s legislature raised the threshold for paying income tax, effectively exempting tens of millions of workers in a new effort Thursday to defuse tensions o...
-
Illinois lawmakers continue talks to keep Sears in Hoffman EstatesJun 30, 2011 12:00 am - While rumors swirl offering potential spots where Sears Holdings Corp. could move, Illinois officials continue to work to ensure the company remains in Hoffman Estates. ...