Windsor Genova – AHN News News Writer Athens, Greece (AHN) – The Greek government announced Sunday a plan to cut 30,000 people from its workforce by December to save $400 million in wage payments next year. The plan is part of an austerity measure presented by the cabinet to visiting auditors from the European Commission, [...]
Posts Tagged ‘state’
Allstate Insurance files lawsuit against Goldman Sachs over $100 million mortgage securities
August 16th, 2011
davidguide Vittorio Hernandez – AHN News Manhattan, NY, United States (AHN) – Allstate Insurance filed a lawsuit with the New York state Supreme Court on Monday against Goldman Sachs Group over $100 million worth of residential mortgage-backed securities. The insurer said that Goldman considered the securities junk. Goldman Sachs is not the first company sued by [...]
Judge voids Wisconsin law repealing collective bargaining
May 26th, 2011
davidguide Windsor Genova – AHN News News Writer Madison, WI, United States (AHN) – A Dane County judge on Thursday suspended the implementation of a law repealing collective bargaining for public employees in Wisconsin on grounds that Republican lawmakers passed it illegally. Circuit Judge Maryann Sumi ruled that GOP senators violated the state’s open meetings law [...]
Brown to unveil revised California budget, tax proposal
May 16th, 2011
davidguide Kris Alingod – AHN News Contributor Sacramento, CA, United States (AHN) – California Gov. Jerry Brown on Monday was set to unveil an updated budget plan to close a record $26.6 billion deficit while taking into account better-than-expected April tax receipts and Republican opposition to a June ballot on tax extensions. The announcement will come [...]
Fiery as ever, Laffey sets cross hairs on Providence, pensions
May 15th, 2011
davidguide By Barbara Polichetti EAST GREENWICH, R.I. — Drastic times call for drastic measures, and former Cranston Mayor Stephen P. Laffey didn’t pull any punches Saturday morning when telling a citizens’ watchdog group how he would solve the state’s staggering fiscal woes. The City of Providence, which could easily topple the whole state if it doesn’t [...]
Budget to be further tweaked by Senate
May 6th, 2011
davidguide COLUMBUS – As the state budget moves from the House, the Senate will continue taking out and adding in bits and pieces of its own version of the recipe.Sen. Keith Faber expects policy, rather than fiscal, tweaking, he said this week. Faber,… View full post on All Stories
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