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New jobless claims fell last week for the third time in four weeks but remain elevated. The decline is a sign that the economy likely added jobs in July, although not enough to lower the nation's high unemployment rate.
Read more...Katherine V.W. Stone: Banks, Babies and Biases
The banking industry mentality is deeply conservative -- not the kind that makes sure that loans are collateralized and deposits protected. Rather, it is a mentality produced by an out-of-date understanding of the world.
Read more...Press Briefing by Press Secretary Gibbs, Ron Bloom and Ed Montgomery, 7/29/2010
2:30 P.M. EDT MR. GIBBS: Good afternoon. Before we do our regularly scheduled programming, we have with us today to give a little report and to take some questions from you, given the Presidents upcoming trips to both Detroit and Chicago to visit Chrysler, GM and Ford plants, today we have with us Ron Bloom, Senior Advisor to the Treasury Secretary for Automobiles; and celebrating his second ...
Read more...X-Prize rolls down to wire after a long road
Its down to the wire for the Progressive Insurance Automotive X-Prize a competition announced in April 2008 as a way to spur the development of clean, high-mileage vehicles.
Read more...Safeguard Scientifics Announces Second Quarter 2010 Financial Results
WAYNE, Pa.----Safeguard Scientifics, Inc. , a holding company that builds value in growth-stage life sciences and technology companies, today announced that aggregate revenue of its partner companies for the three months ended June 30, 2010 was $91.6 million, up 47% from $62.3 million for the same partner companies in the same period of 2009.
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