Moody’s Investors Service is downgrading the ratings of 16 Spanish banks because of the country’s worsening financial picture. Moody’s lowered its rating by one to three notches on the long-term debt and deposit ratings for 16 Spanish banks and one U.K. subsidiary on Thursday. Moody’s said it took the action because the banks face a […]
Enlarge Jason Kempin/Getty Images Eduardo Saverin, co-founder of Facebook. Jason Kempin/Getty Images Eduardo Saverin, co-founder of Facebook. Bloomberg took out its pencil, paper and calculator and came up with this number: $67 million. That’s how much the news service estimates Facebook co-founder Eduardo Saverin could save in federal income taxes after having renounced his United
Quite a few of the 225 people who live in Dish, Texas, think the nation’s natural gas boom is making them sick. They blame the chemicals used in gas production for health problems ranging from nosebleeds to cancer. And the mayor of Dish, Bill Sciscoe, has a message for people who live in places where
Enlarge Deena Prichep The author pauses to photograph the St. Honore cake before she digs in. Deena Prichep The author pauses to photograph the St. Honore cake before she digs in. We here at The Salt usually ignore food festivals and those “Celebrate Whatever We’re Eating Now” Days. They’re a bit precious, no? But this
Enlarge Damian Dovarganes/AP Homebuilders reported improving sales and higher traffic from prospective buyers this month. A gauge measuring confidence in sales over the next six months also rose. Damian Dovarganes/AP Homebuilders reported improving sales and higher traffic from prospective buyers this month. A gauge measuring confidence in sales over the next six months also rose.
Already in the spotlight over whether it executed one innocent man — Cameron Todd Willingham — in 2004, the state of Texas now faces questions about whether another man may have been wrongly condemned to death. Columbia Law School’s Columbia Human Rights Law Review has posted online a 400-page, multi-media investigation that concludes it was
Enlarge Stan Honda /AFP/Getty Images Republican presidential hopeful Ron Paul at a campaign event in Las Vegas on Feb. 3. Stan Honda /AFP/Getty Images Republican presidential hopeful Ron Paul at a campaign event in Las Vegas on Feb. 3. Republican Ron Paul is not shuttering his presidential campaign, his chief strategist says in a memo
Police found 49 mutilated bodies scattered in a pool of blood near the border with the U.S., a region where Mexico’s two dominant drug cartels are trying to outdo each other in bloodshed while warring over smuggling routes. The bodies of 43 men and six women with their heads, hands and feet chopped off were
Enlarge Nicholas Kamm /AFP/Getty Images Sunday’s news that Yahoo CEO Scott Thompson was stepping down in the wake of questions about his credibility is being followed this morning with accounts about how this is a victory for an activist hedge fund that’s been pushing for changes at the Internet search giant. As the Mercury News
Enlarge Chandeshor Bastokoti/AFP/Getty Images Rescue workers and onlookers gathered near the wreckage of a plane that crashed near an army camp at Jomsom in northern Nepal. Chandeshor Bastokoti/AFP/Getty Images Rescue workers and onlookers gathered near the wreckage of a plane that crashed near an army camp at Jomsom in northern Nepal. A plane crashed into
U.S. Military Mission: Pushing Afghans To Take Lead A gunman shot dead a top member of the Afghan peace council Sunday in Kabul, police said. The assassination could strike another blow to efforts to negotiate a political resolution to the decade-long war. Arsala Rahmani, a former Taliban official turned Afghan peace negotiator, was in his
Men wearing Afghan police uniforms shot dead two NATO service members Saturday in southern Afghanistan, authorities said, the latest in a string of attacks on international troops by Afghan security forces or militants disguised as police. Two other coalition service members also died Saturday in Afghanistan, one in an insurgent attack and another of non-battle