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Debt rating cuts for Greece and Portugal sink global markets; Greek bonds now are branded junk
Money & CompanyTwo European sovereign-debt crises have turned out to be one too many for global financial markets. Stocks plunged in Europe and are sharply lower on Wall Street on Tuesday after Standard & Poorâs slashed Greeceâs credit rating to junk status...... -
Roubini sees 'significantly rising' risk that European monetary union will rip apart
Money & CompanyEconomist Nouriel Roubini, the famed Dr. Doom of the global financial crisis, doesnât need much of a push to wax pessimistic. So the news Tuesday that Greeceâs credit rating had been cut to junk status was like pitching him a...... -
Key bank loan rate keeps climbing, a sign of rising stress in the financial system
Money & CompanyThe worldâs big banks continue to grow leerier about lending to one another, a sign that the latest tensions in the financial system arenât abating. Still, warning signs in the credit markets are a long way from what we saw...... -
Gulf oil spill: Credit rating firms lower BP's grade
GreenspaceThe fallout from Aprilâs deadly Deepwater Horizon explosion continued Thursday for oil giant BP as credit rating firms Moodyâs Investors Service and Fitch Ratings lowered their assessments of BP's long-term debt. Fitch cut BPâs debt rating to AA... -
Apple's sales 'problem' sends stock to new high
Money & CompanySo Apple Inc. faces such heavy demand for its new iPhone 4 that itâs forced to temporarily suspend sales. But hey, you can always buy Apple shares instead. Everyone else is. The companyâs stock jumped to an all-time high Thursday...... -
DWP leaders defend withholding millions of dollars during rate debate; board president denies pressure from mayor
L.A. NOWLeaders of the Los Angeles Department of Water and Power on Tuesday issued a sharply worded defense of their decision to withhold $73.5 million from city coffers in the middle of a recent fight over electricity rates, saying during a...... -
Speaker boycotts California budget session
Prospects for a resolution of the state's financial crisis darkened further Monday, with a top lawmaker saying negotiations were "getting worse," as the state's credit rating dropped to its lowest level in years.
Assembly Speaker Karen Bass (D-Los...Tags: Craigslist, Inc., Politics, Democratic Party, Pension and Welfare, Karen Bass
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Tips to prevent medical bills from getting overdue
Got a medical bill lying around in a kitchen drawer or office file?
Quick, go get it and then make some effort to pay or settle it, especially if the date on the bill goes back beyond 30 days. Without some attempt to resolve the bill, it will damage your...Tags: Hospitals and Clinics, Medical Services, Stamford, Health, Credit and Debt
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Budget mess makes California vulnerable to crippling credit downgrade, official warns
State Treasurer Bill Lockyer warned today that state leaders' failure to reach a budget deal has put California at risk of a credit downgrade that would cut off access to funds needed for building schools, roads and other public works projects. "With...Tags: Politics, Democratic Party, Pension and Welfare, Karen Bass, Crime, Law and Justice
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Morning Money Links: S&P warns Japan on its credit rating; Fed mulls new interest-rate benchmark; how earnings stack up so far
Money & Company--- Government-debt fears at center stage again: Standard & Poor's warns Japan that its AA credit rating could be cut if the government doesnât rein-in its mounting debt load. As I noted in my Times column last weekend, Wall Street...... -
Alameda Corridor debt rating cut by Moody's
Money & CompanyCredit rating firm Moodyâs Investors Service on Wednesday sounded a warning about the debt of the Alameda Corridor Transportation Authority, the 20-mile rail route built to speed the flow of cargo from the ports of L.A. and Long Beach to...... -
Credit rating agencies voice concern about L.A.'s budget crisis
L.A. NOWRepresentatives from two credit rating agencies expressed concern Monday about Los Angeles' precarious financial position and the City Councilâs indecision on budget cuts last week. In a memo to Mayor Antonio Villaraigosa and City Council members,...
Apr 27, 2010
| Los Angeles Times
Apr 27, 2010
| Los Angeles Times
May 24, 2010
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Jun 3, 2010
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Jun 17, 2010
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Jul 20, 2010
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Jul 7, 2009
|Story| Los Angeles Times
Mar 1, 2010
|Story| Los Angeles Times
Jul 17, 2009
|Story| Los Angeles Times
Jan 26, 2010
| Los Angeles Times
Feb 3, 2010
| Los Angeles Times
Feb 8, 2010
| Los Angeles Times
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