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Kazakhstan's state sovereign fund pledged $22 million in financial backing to the Astana cycling team Friday, ensuring the squad stays alive and Tour de France champion Alberto Contador remains in its ranks.
Future students in the University of Maine System will have more courses to choose from, a curriculum that relies more heavily on computers and higher tuition costs as a result of a plan to save nearly $43 million that received the trustees' go-ahead Monday.
The Postal Service reported a loss of $3.8 billion last year, despite a reduction of 40,000 full-time positions and other cost-cutting measures.
Financial disclosure forms filed by Massachusetts Attorney General Martha Coakley in her bid for the U.S. Senate offer an unusual revelation: Despite a six-figure salary, she has no reportable assets worth more than $1,000.
Michigan will have to change state law to have any shot at a slice of more than $4 billion set aside by the Obama administration for states that shake up their public school systems, the state's schools chief said Thursday.
The European soccer governing body has selected a team of independent experts to monitor the finances at the top soccer clubs.
An audit shows Detroit Public Schools has cut its budget deficit by nearly $87 million.
Indiana Gov. Mitch Daniels announced on Friday a series of spending cuts and other steps to offset a continuing multimillion-dollar dive in state revenues.
David Beckham earned nearly 10 million pounds ($16.5 million) from personal sponsorship deals during his first full season with the Los Angeles Galaxy.
If Republican Chris Christie is being outspent by Democratic incumbent Gov. Jon Corzine in New Jersey's down-to-the-wire gubernatorial election, independent Chris Daggett is being swamped.
Vancouver's Olympic coffers are flush with cash but money is not yet coming in at the rate organizers would like.
Officials say despite tough economic times, the University of South Dakota Foundation has remained strong.
Harvard University said Friday it lost $1.8 billion in operating cash in the last fiscal year as a result of investing it alongside the university's endowment.
The Taliban are in much stronger financial shape than al-Qaida and rely on a wide range of criminal activities to pay for attacks on U.S. and coalition forces in Afghanistan, a senior Treasury Department official said Monday.
The International Olympic Committee's reserve fund is still growing despite the global financial crisis.
English soccer club Arsenal announced record profits of $56 million on Monday following a big increase in turnover and manager Arsene Wenger's refusal to pay huge transfer fees.
Helped by fees on baggage, the nation's airlines posted better operating margins in the second quarter.
Facebook Inc. said Tuesday it achieved an important financial milestone, bringing in more money than it spent in the last quarter. The social networking site previously had said it didn't expect to achieve that goal until next year — even though the company already has been valued in the billions.
UEFA appointed former Belgian Prime Minister Jean-Luc Dehaene on Tuesday to lead its campaign to control excessive spending by Europe's top soccer clubs.
Casino giant Harrah's Entertainment says it'll offer $720 million in new secured notes to give it more time to repay lenders.
The International Olympic Committee has made an unprecedented offer to help cover any budget deficit of the 2010 Vancouver Games because of the economic downturn.
The chairman of the tribe that runs Foxwoods Resort Casino is warning of "dire financial times" that he says threaten the tribe's living standards.
Women with more testosterone tend to behave more like men when taking financial risks, according to a new study. "Women with higher levels of testosterone turn out to be less risk averse, more willing to take risks," Luigi Zingales of the University of Chicago said in a telephone interview.
The Guthrie Theater in Minneapolis is reporting its first deficit in 14 years as the recession took its toll on the box office, fundraising and endowments.
Since Sarah Palin abruptly resigned as governor, she has repeatedly cited the bombardment of ethics complaints against her while conceding the financial burden of defending herself had taken its toll.
Obama too big to fail plan blasted in Congress | ReutersA view of yesterday's financial reform debate from across the pond gives a troubling perspective on just how divergent our lawmaker's positions are on such an important issue.
No job? Less money? Divorce is off the budgetMany couples are waiting out the recession, rather than splitting up NEW YORK - Financial woes often drive couples apart but the current recession seems to be having the opposite effect, with fewer couples able to afford the cost of a divorce.
Hopes of end to recession dashed as the British economy shrinksEarlier in the overnight, the BBC World Service interviewed an economic expert on air who was fully confident that the about to be released report on the British economy would show that the country had finally begun it's recovery from the Great Recession.
Wealth Management Executive - "To Revile The Rich Is To Revile The American Dream""There's always been envy and hatred toward the rich, but there was also a strong undercurrent of admiration that was holding these people up as a goal," Mr. Dammann said.
As if the budget cuts to the elderly and disable weren't debilitating enough, the Austrian Immigrant has decided to strike another blow against those who cannot speak for themselves. The latest scam targets not only the elderly, but the blind and other disabled citizens.
Boomers seen driving $10 trillion wealth management shiftBOSTON (Reuters) - U.S. financial advisors are due for upheaval as baby boomers, controlling $10 trillion in assets, reach retirement age and shift their investment priorities, said a senior executive at asset manager BlackRock Inc.
Study of Great Depression shows hard times are good for your healtht's not much fun worrying about your bills and where the next pay rise is coming from. But there is a silver lining – financial adversity could be good for you.
10 Reasons Why Small Businesses FailEvery year new businesses are formed. The average business can last anywhere from six months to 100 years. Since the Internet is becoming even more popular, small business are popping up everywhere. Here are a list of 10 reason's why small businesses fail.
American Express Small Business OPEN -- "Not Really"A small business owner and professional photographer speaks out how OPEN isn't really open at all. The sign reads, "Credit Lines CLOSED." And just a few days ago, American Express released they are again paying Ogilvy & Mather to re-market their Brand: Trust.
Congress.org - What Is In Health Care Bill 3200?Check out the urgent points in Obama Care that diminishes our freedom; punishes and fines Americans, doctors, and employers; provides health care for illegals, and mandates a national ID card and profiling of Americans and can even criminalize Americans for not following all of t …
Credit Scores: What You Need to Know NowSeveral firms, preying on our insecurities, are pushing credit scores and credit-score-tracking services for a monthly fee. However, the score that costs you $15.95 at MyFico.com may not be the score your lender sees.
Boston Globe workers are told sale is no longer certainEmployees of The Boston Globe were told by executives of its parent company Wednesday that the newspaper's finances have improved significantly and a sale of the Globe, while still an option, is no longer certain.
Alleged mistress to send book to Madoff in jailSheryl Weinstein, an investor who claims she had an affair 16 years ago with failed financier Bernard Madoff, says she plans to forward him a copy of her book about their alleged relationship: "Madoff's Other Secret: Love, Money, Bernie and Me."
Animal Hospital to 'Dispose' of Family Pet if Full Payment Isn't ReceivedA First Coast woman says Ark Animal Hospital refuses to let her make payments on her bill. Now, the clinic is threatening to 'dispose' of her family pet.
Inflation is on Its WayThe noose is tightening. Keep only three months operating expenses in a bank, six months for businesses, and keep $5,000 or more at home in small bills for emergencies with your gold and silver coins. Let this be a lesson to you. They are preparing for currency controls.
Alleged mistress to send book to Madoff in jailSheryl Weinstein, an investor who claims she had an affair 16 years ago with failed financier Bernard Madoff, says she plans to forward him a copy of her book about their alleged relationship: "Madoff's Other Secret: Love, Money, Bernie and Me."
BBC NEWS | Business | China reduces holdings in US debtChina reduced its holdings of US government debt by the largest margin in nearly nine years in June, according to data from the US Treasury.
Berkowitz Dumps American Express - Holdings Reduced 73% The newest Oracle dumps a large percentage of AXP. What's that say?
Lance earnings more than triple after Archway acquisitionLance Inc. on Friday said that earnings more than tripled in the second quarter, which they attributed to stepped-up advertising and a recent acquisition. Net revenue was up 11 percent over the second quarter of 2009.
City weighs in on state deal - Ridgecrest, CA - Ridgecrest Daily IndependentAs a budget compromise struck between Gov.
Ten Oddball Ways to Save: Free Beer, Fighting Parking Tickets, Writing Off Expenses Like a Pro, and More - The Cheapskate Blog - TIME.comTo expand the amount of money you can save, you need to get creative and expand into more unusual spheres of money-saving.
Hitting Hamas where it hurtsOn the surface, there is not really anything in common between Al Capone and Hamas. One is a famous Chicago gangster; the other is a lethal terrorist organization that is responsible for thousands of deadly attacks against Israel in recent years.
President Obama ran his campaign on the ticket of changing the corrupt practices of government, and there is no doubt that he has attempted to do more in 6 months to bring about positive change than any administration has attempted, perhaps since the beginning of the 20th Century.
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