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North Dakota Fracking Boom Leaves Oil Hub a Bust: Muni Credit

2013-02-26 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Oil extracted from wells ringing Williston, North Dakota, helped push the states surplus to a record $1.6 billion and generate the nations lowest jobless rate. Drilling also left the city broke. While the U.S. Census counts about 16,000 residents, Williston says it provides services to more than 38,000, including workers living in temporary camps, hotels, and even vehicles. Keeping up with the load is spurring budget gaps that will deplete rainy-day funds, according to Standard & Poors,...

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Foursquare checks in to more revenue with credit card specials

2013-02-26 06:01:00| CNET News.com

In giving you a little something for spending with your credit or debit card, the startup gets to pocket a little something of its own. [Read more]

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Billionaire Son Taps Stashed Trillions for Sprint: Japan Credit

2013-02-25 07:19:05| IT Services - Topix.net

Billionaire Masayoshi Son is targeting Japanese households with bonds offering 50 times the yield on deposit accounts to help fund Softbank Corp.

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VIDEO: Moody's cuts UK's AAA credit rating

2013-02-23 02:56:25| BBC News | Business | UK Edition

The UK has lost its top AAA credit rating for the first time since 1978 on expectations that growth will "remain sluggish over the next few years".

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UK loses top AAA credit rating

2013-02-22 23:23:41| BBC News | Business | UK Edition

The UK has its top AAA credit rating cut by Moody's to Aa1, saying the government's debt reduction plan faces significant "challenges" ahead.

Tags: top rating credit aaa

 

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