Tag Archives: politics

Bank Stocks Lead Bulls: Financial Winners

Updated from 4:22 p.m. ET with comments from Oppenheimer analyst Marty Mosby. NEW YORK (TheStreet) — Bank of New York Mellon was the winner among the largest financial names on Tuesday, with shares rising 4% to close at $32.26 Continue reading

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Ex-Prime Minister Claims Victory in Pakistan

LAHORE, Pakistan TheStreet — Nawaz Sharif, Pakistan’s former prime minister, was holding talks Sunday on forming a government after claiming victory in the nation’s parliamentary elections. Unofficial election results showed his Muslim League holding a large lead, although the party may need to form a coalition to give Sharif, who was deposed by a military coup in 1999, the support he needs to govern, according to BBC News Continue reading

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IRS Knew Tea Party Was Targeted in 2011

By Stephen Ohlemacher, Associated Press WASHINGTON — Senior Internal Revenue Service officials knew agents were targeting tea party groups as early as 2011, according to a draft of an inspector general’s report obtained by The Associated Press that seemingly contradicts public statements by the IRS commissioner. Continue reading

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Syria Reports Israeli Bombing Sunday

DAMASCUS, Syria (TheStreet) — Explosions reportedly rocked the outskirts of the Syrian capital early Sunday, and Syria’s state news agency said they resulted from Israeli air attacks. If Israel did indeed carry out an airstrike, it would be the second in three days and would mark a heightening of Middle Eastern tensions as Syria’s civil war escalates Continue reading

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Obama to Hit the Road on Economic Plans

By Josh Lederman WASHINGTON — Immigration, guns and national security are dominating the discussion on Capitol Hill, but Americans by and large are still focused on their bottom line. So President Barack Obama is launching a series of quick jaunts around the country to remind Americans he’s still got jobs and the economy on his mind. Obama will kick off the effort Thursday with a trip to Austin, Texas, the White House said Continue reading

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Malaysians vote to decide fate of world’s longest-ruling coalition

By Anuradha Raghu and Niluksi Koswanage JOHOR BARU, Malaysia (Reuters) – Malaysians began voting on Sunday in an election that could weaken or even end the rule of one of the world's longest-lived coalitions, which faces a stiff challenge from an opposition pledging to clean up politics and end race-based policies. Continue reading

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Greek Bill Opens Way for Civil Service Layoffs (Update1)

Updated from 4:54 p.m. EDT with details on Greek bill. By Demetris Nellas, Associated Press ATHENS, Greece — Greece’s Parliament approved an emergency bill Sunday to pave the way for thousands of public sector layoffs and free up 8.8 billion euros ($11.5 billion) in international rescue loans Continue reading

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Authorities Arrest Man in Ricin Case

JACKSON, Miss. (TheStreet) — Federal agents have arrested a Mississippi man in connection with the investigation into ricin-contaminated letters sent to President Obama and two other government officials, according to published media reports Continue reading

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Italy Forms New Government

By Frances D’Emilio ROME — A coalition of Silvio Berlusconi’s forces and center-left rivals forged a new Italian government Saturday, an unusual alliance that broke a two-month deadlock following inconclusive elections in the recession-mired country. The daunting achievement was pulled off by Enrico Letta, a center-left leader who will be sworn in as premier along with the new Cabinet on Sunday at the presidential Quirinal Palace. … Continue reading

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Google’s Tax Sheltered Earnings Miss

Updated from 2:56 p.m. ET to include closing share prices and additional data throughout. Continue reading

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