Archive for January, 2011

Dayton seeks $1 billion for public works projects

Playing Santa in January, Gov. Mark Dayton on Monday proposed a $1 billion public works program that would fund everything from a new St. Paul Saints ballpark and University of Minnesota physics building to flood-control projects and an expanded lockup for sex offenders. (1 hour ago)

ONT comeback

Editor’s note: The Inland Valley Daily Bulletin has developed a two-day series looking at issues affecting LA/Ontario International Airport. Today’s edition will look at the operation and management of ONT. (37 mins ago)

EconoMeter: Should loopholes favoring lower corporate taxes be eliminated?

See what our U-T panelists said about President Obama’s idea to eliminate the tax loopholes and reduce the overall tax rate for companies. Take our poll and let us know what you think. (2 hours ago)

Is Gold’s Golden Era Over?

Gold is starting to lose its luster, having dropped 6% since the start of the year while hedge funds and other traders have cut positions to their lowest levels since 2009. Here’s how to avoid losing your shirt. (2 mins ago)

Branstad Unveils Two-year State Budget Blueprint

DES MOINES, Iowa Gov. Terry Branstad today proposed a $6.16 billion state spending plan for next fiscal year that seeks to fund priority areas in education, health care and public safety while paring down and streamlining government operations and providing tax relief for corporations and property owners in hopes of spurring economic growth. (43 mins ago)

Crude Oil Rises as Equities Hit 29-Month Highs, Gold Bounces off Support

Commentary: Crude oil rose on Wednesday, with WTI advancing $1.14, or 1.32% to settle at $87.33, while Brent added $2.66, or 2.79%, to settle at $97.91. The WTI-Brent differential reached -$10.58, just shy of the record of -$10.67. (18 mins ago)

Text of Obama’s State of Union address

The text of President Barack Obama’s State of the Union address, as prepared for delivery and released by the White House. (4 mins ago)

Asia Stocks, Won Gain on Outlook for Global Recovery; Oil Drops

Asian stocks advanced, erasing the benchmark index’s losses this year, and South Korea’s won rose as investor confidence in the global recovery increased. Crude fell after Saudi Arabia’s oil minister signaled OPEC may bolster production to meet rising fuel demand. (1 min ago)

Asian Stocks Rally From Weekly Drop; Euro Nears Two-week High

Asian stocks advanced, helping the region’s benchmark index rebound from its first weekly drop in six, the euro traded near a two-month high against the dollar and commodities gained as companies reported higher profits and on speculation data this week will show improved global growth. (1 hour ago)

Dream team: 2010′s star brands

Playing cricket was not WA’s strong suit in 2010 but if there had been a Sheffield Shield for buying cars we would have won it. (9 mins ago)