Streams

Jim Zarroli

Jim Zarroli appears in the following:

With Default 23 Days Away, A Little Clause Could Cost Argentina Big

Tuesday, July 08, 2014

After missing a June 30 deadline, Argentina has a 30-day grace period to pay investors $539 million in interest. Otherwise, the country will default on its debts. Argentinian officials argue they can't make the payment without triggering other debt payments that would bankrupt the country.

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Report Shows 288,000 New Jobs In June

Thursday, July 03, 2014

June was a good month for job creation, according to the new Labor Department report. Employers added 288,000 positions to payrolls and the unemployment rate fell to 6.1 percent.

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Before The Holiday Weekend, Latest Jobless Report Is Issued

Thursday, July 03, 2014

The report comes out a day earlier than normal because of the July 4 holiday. The job market has been racking up healthy gains this year, and the latest report is expected to show continued growth.

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French Bank To Pay $8.83 Billion In Sanctions Probe

Tuesday, July 01, 2014

BNP Paribas pleaded guilty to violating U.S. sanctions law. It admitted that it helped clients in Sudan and other countries evade U.S. trade embargoes through its New York office.

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BNP Paribas Agrees To Nearly $9 Billion Fine And Admission Of Guilt

Monday, June 30, 2014

The French banking giant BNP Paribas will pay a penalty of nearly $9 billion and plead guilty to criminal charges for doing business with countries sanctioned by the U.S.

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Bitter Debt Fight Between Argentina And U.S. Set To Reach Climax

Friday, June 27, 2014

For much of the past 14 years, Argentina has grappled with its international creditors over how much it has to pay them. A deadline set by the U.S. Supreme Court is coming up, a date that's expected to bring the dispute to a head.

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Absentee Ballots To Decide Whether Rep. Rangel Gets A 23rd Term

Thursday, June 26, 2014

Even though votes are still being counted, Rep. Charles Rangel has declared victory in his race against Adriano Espaillat. It could be more than a week before the results are available.

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U.S. Tip-Toes Closer To Unprecedented Fine On French Banking Giant

Monday, June 23, 2014

The U.S. government is reportedly nearing a settlement with BNP Paribas, drawing to a potential end allegations that the French bank hid $30 billion in transactions involving countries that violated U.S. sanctions.

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U.S.-Foreign Mergers Raise Calls For Tax Reforms

Friday, June 20, 2014

Medical device company Medtronic is merging with another firm and moving its legal headquarters to Ireland. The move is a tax-saving strategy called "inversion," and it's growing more common.

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Lightning-Fast Trades Go Beneath The Congressional Microscope

Tuesday, June 17, 2014

The Senate Permanent Subcommittee on Investigations is holding a hearing on problems in the financial markets caused by high-frequency trading firms.

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Once A GOP Pillar, Chamber Of Commerce Is Now A Lightning Rod

Thursday, June 12, 2014

The Chamber of Commerce says it tried to help Eric Cantor in his primary campaign, but Cantor refused the offer.

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Political Rhetoric Bogs Down Future Of Keystone XL Pipeline

Friday, May 23, 2014

Claims for and against the pipeline are overblown. It won't make much of a difference on climate change, and it likely won't help the U.S. become energy independent.

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AT&T And DirecTV Mega-Merger Spells Changes For Media Landscape

Monday, May 19, 2014

AT&T's $49 billion acquisition of DirecTV now faces regulatory scrutiny. Meanwhile, a deal merging Comcast and Time Warner Cable is also in the works. Consumer advocates worry about consolidation, but many observers think the deals could hold down costs for the merged companies.

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AT&T To Buy DirecTV In Nearly $50 Billion Deal

Monday, May 19, 2014

The acquisition was approved by the boards of both companies over the weekend and announced on Sunday. The deal takes place at a time when the media landscape has been transformed by new technologies.

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Pa. Democrats Aim For Spot To Challenge GOP Governor

Monday, May 19, 2014

Pennsylvania is among six states holding primary elections Tuesday. Gov. Tom Corbett is unchallenged in the GOP primary, but the general election is a different story.

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Chipotle Shareholders Reject Executives' Compensation Plan

Friday, May 16, 2014

Chipotle is one of the fastest-growing restaurant chains but shareholders gave a thumbs down to the company's executive compensation plan. The board can still override the shareholders' vote.

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Crowdfunding Can Help Build Business, But At What Cost?

Friday, May 09, 2014

The Securities and Exchange Commission is poised to let small businesses get financed by the masses. Investing in startups is risky, though. Meanwhile, critics are wary of regulation.

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Debate Endures Over Tax Exempt Status Of Crossroads GPS

Friday, May 09, 2014

Crossroads GPS, the social welfare organization guided by conservative strategist Karl Rove, is practically invisible so far in the midterm political battles.

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Alibaba IPO Could Be The Biggest Ever

Tuesday, May 06, 2014

Alibaba is the biggest e-commerce player in China. The Internet conglomerate is filing papers in the U.S. for what could be the biggest IPO ever.

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Buffett Defends Coke Position At Berkshire Hathaway Meeting

Monday, May 05, 2014

Warren Buffett is under fire for not opposing Coca-Cola's executive compensation plan more aggressively. Buffett spoke about his decision at a shareholder meeting for his company Berkshire Hathaway.

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