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Ratings

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Top Ratings Articles

Displaying items 73-84
  • Ron Kaye: Empty desks, a new way of life

    The email from Moody's credit rating service that popped up on my computer screen boggled my mind: Glendale was among 40 California cities that were downgraded or are facing downgrades, but Los Angeles and San Francisco could get upgrades. I'm an old...
  • Burbank names Ken Pulskamp interim city manager

    Burbank names Ken Pulskamp interim city manager
    Following weeks of closed-door meetings, the Burbank City Council on Tuesday unanimously appointed Santa Clarita City Manager Ken Pulskamp as Burbank's interim city manager. He's slated to start on Dec. 3. The announcement follows City Manager Mike...
  • Socialist Hollande Ousts Sarkozy As French Leader

    PARIS (Reuters) - Socialist Francois Hollande swept to victory in France's presidential election on Sunday in a swing to the left at the heart of Europe that could start a pushback against German-led austerity. Hollande beat conservative incumbentNicolas...
  • JPMorgan $2 Billion Loss Hits Shares, Credit, Image

    JPMorgan $2 Billion Loss Hits Shares, Credit, Image
    NEW YORK/LONDON (Reuters) - JPMorgan Chase & Co lost $15 billion in market value and a notch in its credit ratings on Friday while a chorus of regulators and politicians reacted to its surprise $2 billion trading loss by demanding stiffer oversight for...
  • Obama 'Willing to Compromise a Little' on Fiscal Cliff

    Obama 'Willing to Compromise a Little' on Fiscal Cliff
    Washington -- It's crunch time for avoiding the fiscal cliff as President Barack Obama and House Speaker John Boehner and their aides hold private talks on issues that will impact every American. Three weeks remain to cut a deal before the automatic...
  • Wisconsin governor tweaks Quinn over credit downgrade

    Wisconsin governor tweaks Quinn over credit downgrade
    Illinois’ credit rating was downgrade by Standard & Poor’s on Wednesday, a move that came after Gov. Pat Quinn has been unable to persuade lawmakers to cut costs in the state’s debt-ridden public employee pension system. The agency...
  • Paul Ryan: Prevaricator-in-chief

    Starting with Jerry Brown in 1976, I've been to nine Democratic conventions and seven Republican conventions. And, for better or worse, there are some convention speeches I'll never forget. Ted Kennedy in 1980, promising "the dream shall never die." Pat...
  • Microsoft partner Nokia to cut 10,000 jobs worldwide

    Microsoft partner Nokia to cut 10,000 jobs worldwide
    Nokiasaid Thursday it will cut up to 10,000 jobs worldwide by the end of next year, part of an accelerated cost reduction program at the Finnish cellphone maker. The company also warned that increased competition in the smartphone sector would hit its...
  • Nokia, after 'precipitous decline,' cut to junk by Moody's

    Nokia Corp., the Finnish phone maker already in a world of hurt, had its credit rating downgraded to junk status by Moody’s Investors Service on Friday. The company's rating fell a notch to Ba1, from Baa3, and is now held at junk status by all...
  • Dear Standard & Poor's,

    Dear Standard & Poor's,
    On May 18 we wrote that we appreciate how busy you and the other credit rating agencies are overseas, what with Europe gridlocked at the intersection of debt and social democracy. We offered to keep you posted on another basket case, the insolvent state...
  • Moody's says its U.S. credit rating hinges on Congress

    Moody's says its U.S. credit rating hinges on Congress
    Next year will be a pivotal one for the United States' credit standing. Moody's said Tuesday it would likely strip the United States of its sterling AAA rating if lawmakers fail to produce a long-term debt reduction plan next year. But if negotiations...
  • GE, MetLife Tweak Terms Of Deal For $7 Billion In Bank Deposits

    MetLife Inc. and General Electric Co. have tweaked the terms of a deal in which the U.S. life insurer is selling $7 billion in bank deposits to the conglomerate, a move MetLife said would change the regulator in charge of approving the deal. The Office...