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Originally posted here: Judge Rules Stockton CA Bankruptcy is Valid, City Acted in Good Faith
Johnson & Johnson (JNJ) $4.03 billion Net Negative Cash Counting short-term investments, net corporate cash of the 50 largest companies is negative $543.67 billion. Total cash of the 10 companies that have positive balance sheet cash (counting short-term investments as a cash equivalent) is $216.05 billion.
The HSBC China Manufacturing PMI shows Modest improvement in operating conditions. After adjusting for seasonal factors, the HSBC Purchasing Managers’ Index™ (PMI™) – a composite indicator designed to provide a single-figure snapshot of operating conditions in t he manufacturing economy – posted 51.6 in March, up from 50.4 in February, signalling a modest improvement.
Bloomberg reports Napolitano Names Advisers in Renewed Push for Italian Deal Italian President Giorgio Napolitano renewed his push to forge a government from the country’s divided parliament by drafting advisers from two of the top three political forces. Members of the parliamentary coalitions headed by Pier Luigi Bersani and ex-Prime Minister Silvio Berlusconi were among the 10 men selected, according to an e-mail sent late yesterday by Napolitano’s office.
Happy Easter Posted by Michael Shedlock at 11:10 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice.
Regardless of Insurance, Taxpayers Pay Reader Chris writes Hey Mish, I have been discussing disability for quite some time with others. I know a few people on disability who should not be qualified.
AP reported specifically in their article, " Officials: Arms shipments rise to Syrian rebels ," that: US Secretary of State John Kerry said on the sidelines of a Syrian opposition meeting in Italy last month that the weapons are ending up in the hands of secular groups. "I will tell you this: There is a very clear ability now in the Syrian opposition to make certain that what goes to the moderate, legitimate opposition is in fact getting to them, and the indication is that they are increasing their pressure as a result of that," he said, without elaborating.
Beppe Grillo "We are the French Revolution Without the Guillotine" With Beppe Grillo and unwilling to form a coalition government, and with Prime former Prime Minister Silvio Berlusconi making demands that Bersani will not go along with, Italian President Giorgio Napolitano Considers Options . One of those options includes stepping down early so the next president can call elections
Bridge Building Eli grew up in Brooklyn and one of the things he particularly was fond of, other than Flatbush carrots , was biking down to and across the Brooklyn Bridge. The story of the Roeblings and especially Emily Warren Roebling at Scandalous Women is worth reading I’ve always found the story of Emily Warren Roebling inspiring, because it’s a story of how a woman came into her own and learned what she was capable of through adversity. It’s also a deeply moving love story. When Washington Roebling was unable to continue hands-on work as chief engineer, his wife Emily worked tirelessly to relay his wishes to the workers, and to keep the vision that father and son had worked long and hard to achieve.  This was during the late 19th century, when the idea of a woman being able to understand complex mathematics or science, was unheard of. Many men(and women) believed that women’s brains weren’t developed enough or that they were too weak
Baxter is back in the news. The Fiscal Times says The Robot Reality: Service Jobs Are Next to Go