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Yahoo buys Tumblr in $1.1 billion deal
ReutersYahoo Inc. said Monday it will buy online blogging service Tumblr for $1.1 billion in cash. The deal is the largest since Yahoo Chief Executive Marissa Mayer took the reins in July in order to reverse a multi-year decline in Yahoo's business and its Web...Tags: Advertising, Media Industry, Marissa Mayer, Manhattan (New York City), Social Media
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Shield Pa. taxpayers from a 'pension tsunami'
Pennsylvania's pension crisis is about to hit state homeowners and taxpayers, and the results won't be pretty. The state's two pension systems — for state government workers and public school employees — are, together, more than $47...Tags: Stock Market, Career and Workplace, Interior Policy, Allentown, Pension and Welfare
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READER SUBMITTED: Hartford Native A. Mark Zeffiro Named Executive Vice President And CFO Of TriMas Corporation
Greater HartfordTriMas Corporation (NASDAQ: TRS) - a diversified global manufacturer of engineered and applied products - is pleased to announce that A. Mark Zeffiro, TriMas' chief financial officer, has recently been promoted to executive vice president and chief...Tags: Stock Market, Black & Decker, Corporate Officers, Financial Planning, General Electric Company
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In Karoly will dispute, millions in administrative expenses
In the end, lawyers could end up with most of the money in the bitterly contested estates of Allentown medical malpractice attorney Peter Karoly and his wife, Dr. Lauren Angstadt. During six years of legal limbo, the estates have racked up $3.74...Tags: Justice System, Financially Distressed Companies, Allentown, Bankruptcy, Crime, Law and Justice
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Toomey, Casey to grill officials on IRS controversy
WASHINGTON – Pennsylvania's two U.S. senators both worry the controversy surrounding the Internal Revenue Service could slow progress in an already divisive and stymied Washington. Democrat Bob Casey and Republican Pat Toomey spoke out Monday...Tags: Tea Party Movement, Politics, Robert P. Casey, Jr., White House, U.S. Senate
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US Treasury secretary says he has begun tapping federal retiree pension fund to avoid default
AP Economics WriterWASHINGTON (AP) — Treasury Secretary Jacob Lew said late Monday he will begin tapping into two government employee retirement funds to buy more time before the U.S. Treasury is faced with the prospect of defaulting on the national debt. In a letter...Tags: Jack Lew, Elections, Career and Workplace, Budgets and Budgeting, Politics
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Baby boomers should be checking, tweaking investments once a year
Baby boomers should be reviewing their retirement portfolios once a year and tweaking or re-balancing them, if necessary, says Delia Fernandez, a fee-only certified financial planner. Fernandez is the founder of Fernandez Financial Advisory in Los...
Tags: Stock Market, Financial Planning, Heart Attack, Economy, Business and Finance
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Rockville Bank Parent Approves Stock Repurchase
The Hartford CourantThe parent of Rockville Bank announced today its board of directors has approved a new stock repurchase plan for up to 10 percent of the bank's outstanding shares. Rockville Financial Inc. said it has received approval from the Federal Reserve Bank of...Tags: Buyback, Rockville Financial Incorporated, Federal Reserve, Rockville (Bethlehem, Pennsylvania), Economy, Business and Finance
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District 113 bids farewell to longtime board members
Harvey Cohen has left the building. With the same deliberate elocution, dry wit and sense of purpose he brought to District 113 Board of Education meetings for 16 years, Cohen said farewell quietly and thoughtfully last week. The three-time board...Tags: Elections, Pat Quinn, Politics, Economy, Business and Finance
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City board approves $107 million Harbor Point TIF
Meeting behind closed doors, the city's Board of Finance on Monday approved more than $100 million in taxpayer assistance to help fund a massive, waterfront development project that will host energy giant Exelon Corp.'s regional headquarters. After...
Tags: Elections, Fells Point, Exelon Corp., Politics, Harbor
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Former Boca financial adviser accused of defrauding co-workers
A former Boca Raton financial adviser faces charges of defrauding his victims out of thousands of dollars by claiming they were getting into mineral drilling investments. Investigators say Jason Thomas Knapp, 29, of Corinth, N.Y., told his victims they...Tags: Personal Finance, Bank of America Corp., Chesapeake Energy Corp., Economy, Business and Finance, Boca Raton
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Letter: Federal government responsible for debt
In the United States of America, where does money come from? Who creates it and how do they do it? In 1913 the U.S. Congress created the Federal Reserve Banking System. The only connections between the federal government and the banking system is the...Tags: Financial Markets, U.S. Congress, Federal Reserve, Politics, Economy, Business and Finance
May 20, 2013
|Story| Chicago Tribune
May 20, 2013
|Story| Allentown Morning Call
May 20, 2013
|Story| Hartford Courant
May 20, 2013
|Story| Allentown Morning Call
May 20, 2013
|Story| Allentown Morning Call
May 20, 2013
|Story| AP Broadcast
May 20, 2013
|Story| Los Angeles Times
May 20, 2013
|Story| Hartford Courant
May 20, 2013
|Story| Chicago Tribune
May 20, 2013
|Story| Baltimore Sun
May 18, 2013
|Story| South Florida Sun-Sentinel
May 18, 2013
|Story| Aberdeen News
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