Archive for May, 2014

Capital concerns hit BNP Paribas on report of $10 billion U.S. fine

May 30, 2014
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By Alexandre Boksenbaum-Granier and Lionel Laurent
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Egypt to exempt bonus shares from new capital gains tax -minister

May 30, 2014
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BEIRUT, May 30 (Reuters) – Egypt will exempt bonus shares from a new 10 percent capital gains tax on profits made on the stock market, the country’s Finance Minister Hany Dimian said.
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Capital fears hit BNP Paribas after report of $10 billion U.S. fine

May 30, 2014
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By Alexandre Boksenbaum-Granier and Lionel Laurent
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Reports: Ex-Microsoft CEO Steve Ballmer to buy Clippers for $2B

May 30, 2014
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Former Microsoft CEO Steve Ballmer has won bidding to purchase the Los Angeles Clippers from owners Donald and Shelly Sterling with an NBA-record offer of $2 billion, according to James Rainey of the Los Angeles Times:
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2 boys declared Spelling Bee co-champs

May 30, 2014
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OXON HILL, Maryland (AP) — Two spellers were declared co-champions of the Scripps National Spelling Bee — the first time in 52 years.
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Australia shares edge lower, extended slide in iron ore hits resources

May 30, 2014
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* Resource sector drops as iron ore continues to slump
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Asian shares ride Wall Street optimism, dollar slips

May 30, 2014
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By Lisa Twaronite TOKYO (Reuters) – Asian shares edged higher on Friday, catching a lift from another record close on Wall Street, while the dollar groaned under the pressure of slumping U.S. yields.
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Autopsy out on flash point N.M. police shooting

May 29, 2014
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ALBUQUERQUE, N.M. (AP) — A homeless camper killed by Albuquerque police — in a shooting that sparked a violent protest and a federal investigation — was shot in the back, had multiple emergency surgeries and then had his arm amputated before he died, an autopsy report released Thursday said.
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Obama ducks tough topics in concussions speech

May 29, 2014
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President Barack Obama on Thursday addressed the issue of concussions in youth athletics — even admitting he once may have suffered one — but failed to challenge the large corporate sports entities that have promoted the hard-hitting culture at the epicenter of the traumatic brain injury epidemic.
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DHL expanding U.S. helicopter delivery, sales force

May 29, 2014
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By Alwyn Scott NEW YORK (Reuters) – DHL Express plans to start delivering documents and other items by helicopter in Chicago and Charlotte, North Carolina, this year, buoyed by the service’s success in other cities, the new head of the company’s U.S. unit said on Thursday.
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