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Friday, May 11, 2012

Finanial News 05/11/2012

BI: Effect of current healthcare costs have same as an 8% value added tax
CNN Money: 200,000 Americans to lose unemployment benefits this week
BW: JP Morgan Chase loses $2 billion on "synthetic credit investments"
Bloomberg: Volcker rule reinforced by JP Morgan Chase investment risks
BLS: Core producer prices up .2% in March, PPI down .2% 
CNBC: Corporations have lost $13 billion in intellectual property per FBI
NYT: U.S. adoption of IFRS controversial among accountants and in SEC
AP: European Union forecasts economic contraction for Eurozone in 2012
Huff Post: Indian industry & manufacturing down 3.5% &  4.4% in March
BBC: China's economic growth slowing on lower retail sales & factory output

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