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June 20, 2013

More news, business Articles

  • France threatens Google with privacy fines

    06/20/13 06:46 AM

    PARIS (AP) — France is giving Google three months to be more upfront about the data it collects from users — or be fined. The legal action accelerates a Europe-wide fight against Google over its use of personal data. While the fines threatened are small by the standards of one of the...

  • Bernanke clarifies Fed plan to cut bond purchases

    06/20/13 06:45 AM

    WASHINGTON (AP) — A muddled message from the Federal Reserve has rattled investors for weeks. So Chairman Ben Bernanke tried to set the record straight Wednesday about the Fed's plans to shrink its bond-buying program later this year and end it entirely in 2014 if the economy continues to...

  • ABN Amro chief says Dutch bank ready to privatize

    06/20/13 06:45 AM

    AMSTERDAM (AP) — The chief executive of ABN Amro says the Dutch bank is ready to be privatized. Gerrit Zalm said on a late-night television talk show Wednesday that the bank is sufficiently capitalized and had remained profitable despite a recession in the Netherlands. "We're ready," said...

  • Hospitals sue Blue Cross Blue Shield over payments

    06/20/13 06:45 AM

    JACKSON, Miss. (AP) — Ten Mississippi hospitals claim in a breach-of-contract lawsuit that Blue Cross Blue Shield of Mississippi shortchanged them by more than $13 million in improperly reduced inpatient payments for a range of medical services. The suit, filed Tuesday in Hinds County...

  • SKorean nuclear operator raided in cable probe

    06/20/13 06:45 AM

    SEOUL, South Korea (AP) — South Korea's sole nuclear power plant operator said Thursday that investigators raided its offices, a sign that a probe into faulty nuclear plant cables is widening. Korea Hydro & Nuclear Power Co. spokesman Lee Yoon-doing said prosecutors seized documents and...

  • Norway opens Arctic border area to oil drilling

    06/20/13 06:45 AM

    STOCKHOLM (AP) — Norway's Parliament has opened up a new area on the fringe of the Arctic Ocean to offshore oil drilling despite protests from opponents who fear catastrophic oil spills in the remote and icy region. Most of the Norwegian sector of the Barents Sea, which the Nordic country...

  • UMB expands into Franklin, Amite counties

    06/20/13 06:45 AM

    NATCHEZ, Miss. (AP) — United Mississippi Bank officials say a merger that will expand the Natchez-based bank into Franklin and Amite counties. UMB President Sammy Porter tells The Natchez Democrat (http://bit.ly/12cDEc0 ) the merger, which is being completed through a stock purchase agreement...

  • Hong Kong firm to buy 60 single-aisle Airbus jets

    06/20/13 06:30 AM

    LE BOURGET, France (AP) — A Hong Kong aircraft leasing company has agreed to buy 60 Airbus single-aisle jets, which have been selling well at this week at the Paris Air Show. Hong Kong Aviation Capital placed an order Thursday for 40 of the new generation A320 jets and 20 new generation...

  • Regulators order lenders to raise more capital

    06/20/13 06:30 AM

    LONDON (AP) — British regulators are ordering some of the country's biggest banks to bolster their balance sheets by 27. 1 billion pounds ($42.1 billion) to prevent a repeat of the 2008 banking crisis. The Prudential Regulation Authority said Thursday that Barclays, Lloyds Banking Group and...

  • Gulf Coast Galleria plans revealed in D'Iberville

    06/20/13 06:30 AM

    D'IBERVILLE, Miss. (AP) — Plans for Gulf Coast Galleria -- a million-square-foot mall with restaurants, shops and a hotel along Interstate 10 -- have been submitted to the D'Iberville Planning Department. Developer Robert Mandal with Ramco Development tells The Sun Herald...


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