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Economics News

Economics News continually updated from thousands of sources around the net.

3 hrs ago | The Age

The inside story behind the rise and fall of Mark Karpeles' Mt Gox bitcoin exchange

Former employees of the Mt Gox bitcoin exchange say Mark Karpeles had a tight grip over the company and wouldn't share passwords or access to Mt Gox's source code.


Related Topix: Bitcoin, Bankruptcy, Life, Hobbies, Anime and Manga

6 hrs ago | Hispanic Business

Labour attacks Treasury over bankrupt boss of loans board

Labour has expressed astonishment at the decision to appoint a bankrupt businessman to chair a pounds 60bn quango, demanding to know who authorised the appointment in the Treasury and , shadow Treasury chief secretary, said: "It is astonishing that the prime minister and the chancellor could appoint someone who went bankrupt to run the Treasury's ... (more)


Related Topix: Bankruptcy

10 hrs ago |

Even Alex Rodriguez Reportedly Almost Fell Victim To Eike Batista's Financial Collapse

As has been widely reported this week, Brazil's Federal Police have opened an investigation into former Brazilian billionaire Eike Batista for financial crimes, including insider trading, manipulation of markets and money laundering.


Related Topix: Bankruptcy, Business News

14 hrs ago |

Cryptocurrency miners trek to Md. eatery

The restaurant has been accepting Dogecoin since April 4 and it wasn't long before the word went viral and several cryptocurrency miners traveled to Mount Savage to spend their hard-earned Dogecoins, according to Iron Rail co-owner Terry Linn II.


Related Topix: Mount Savage, MD, Frostburg, MD, Bitcoin

18 hrs ago | Detroit Free Press

Stephen Henderson: Detroit can see light at the end of the tunnel

Aerial view of the skyline of Downtown Detroit on the morning of Sunday, Oct. 21, 2012.


Related Topix: Detroit, MI, Family, Kids, Bankruptcy, Pension, Personal Finance, Rick Snyder, US Governors

22 hrs ago | The Baltimore Sun

Conflict of interest questions raised in 1st Mariner fight

High finance is a small world just like Baltimore is a small town, and it showed as potential conflicts of interest cropped up during a fight over ownership of the city's biggest local bank.


Related Topix: Bankruptcy, First Mariner Bancorp, Banking, Financial Services

Sat Apr 19, 2014


I analyzed more than a million bitcoin tweets. Here's what that looks like

In an effort to get a grip on how global a phenomenon bitcoin really is, I acquired data on more than 1.3 million tweets, spanning the month of February, about the crypto-currency.


Related Topix: Bitcoin, Twitter

Lexington Herald-Leader

Direct Air founder files for personal bankruptcy

The Sun News of Myrtle Beach reported Ed Warneck filed for Chapter 7 bankruptcy liquidation.


Related Topix: Bankruptcy

Port of Pasco to evict Green Power

March 10, 2014 - The Port of Pasco is evicting Green Power, a tenant since 2007, from this warehouse in the Big Pasco Industrial Park.


Related Topix: Pasco, WA, Bankruptcy, Franklin County, WA

American must pay benefits of union-represented retirees, judge says

American Airlines cannot change its union retirees' benefits but can alter them for non-union workers, according to a ruling made by a bankruptcy judge Friday.


Related Topix: Bankruptcy

WTAQ-AM Green Bay

Milwaukee Catholic Archdiocese moves forward on re...

The Milwaukee Catholic Archdiocese took a small step forward Thursday to reorganize its finances and get out of its three-year-old bankruptcy.


Related Topix: Roman Catholic Church, Religion, Bankruptcy


Japan gets first bitcoin ATM, two more on order

Formula One racing and cryptocurrency have nearly nothing in common -- except Suzuka.


Related Topix: Bitcoin, Japan, World News,

Fri Apr 18, 2014

Detroit Free Press

Michigan House leader ups ante in Detroit bankruptcy: Unions put up cash, or no money from state

Speaker of the House Jase Bolger R-Marshal speaks to the press during a news conference in the Governor's press auditorium of the Romney Building in Lansing January 22, announcing a state funding plan related to the Detroit bankruptcy.


Related Topix: Detroit, MI, Bankruptcy


Judge says American cana t end retiree benefits yet

A federal judge has rejected an attempt by American Airlines to quickly cut off benefits for many of its retirees.


Related Topix: Bankruptcy, Airlines, AMR

WLFI-TV West Lafayette

Judge wants Detroit mayor to back bankruptcy plan

Looking years ahead, the judge overseeing Detroit's bankruptcy said Thursday he wants assurances from the mayor and other elected leaders that they'll follow a final plan that likely cuts pensions, sheds debt and plows millions into better services.


Related Topix: Bankruptcy, Michigan, US Governors, Rick Snyder


Investors try last-minute Mt. Gox revival as liquidation looms

Web browser or Office suite? Microsoft's and Google's office productivity and collaboration clouds pit rich and complex against simple and lean more USA Today uses it's Mashery-powered API to speed app development and drive new partnerships, resulting in the #1 news apps on devices from the iPad to the Kindle Fire.


Related Topix: Bitcoin, Cloud Computing, Science / Technology, Bankruptcy

Tribeca Festival films go behind the scenes in fas...

From final fittings at a famous Parisian fashion house to rehearsals for a young choreographer's new work for the New York City Ballet and a global tour of "Richard III," documentaries at the Tribeca Film Festival give viewers the film equivalent of a backstage pass.


Related Topix: Tribeca (New York, NY), Arts, Ballet, Bitcoin, Fashion, Designers, Dior

Thu Apr 17, 2014

Norwalk Citizen News

In Less Than A Month These Guys Raked In $12 Million Thanks To Bitcoin Alternatives

Whether you think bitcoin is an incredible advancement, or just a weird Internet fad, it has been very, very good for a Stockholm-based company called KnCMiner.


Related Topix: Bitcoin, PC

Nanaimo Daily News

2 former Anglo Irish executives guilty of fraud; 1st convictions of Ireland's ...

Sean FitzPatrick, the former chairman of the Anglo Irish Bank, arrives at the Circuit Criminal court, Dublin as the trial of former Anglo Irish Bank executives continues Wednesday April 16, 2014.


Related Topix: Bankruptcy

The Campbell Reporter

Mi Pueblo grocery chain says it might have to liquidate

Mi Pueblo, the popular and colorful chain of family-grown Hispanic grocery stores, has limited options to re-emerge from bankruptcy protection and faces the possibility of having to liquidate its 21 stores and abandon its 3,260 employees, the company says.


Related Topix: Bankruptcy


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