Financial
Fugitive Georgia banker suspected in marijuana case PDF  | Print |  E-mail
Written by KATE BRUMBACK, Associated Press   
Saturday, 04 January 2014 06:09

ATLANTA (AP) — Authorities suspect a former Georgia banker who disappeared 18 months ago and who faces allegations he stole millions from investors was growing marijuana in a home in Florida.

Aubrey Lee Price, 47, turned up earlier this week when he was arrested during a traffic stop on Interstate 95, in the coastal Georgia city of Brunswick. Price vanished in June 2012 and faces federal charges in Georgia and New York related to accusations he stole millions from the bank he ran and from investors.

When Price disappeared, investigators said he sent a rambling confession letter to his family and acquaintances saying he had lost millions of dollars and planned to kill himself by jumping from a ferry in Florida.

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Boeing machinists OK contract tied to 777X PDF  | Print |  E-mail
Written by MANUEL VALDES, Associated Press   
Saturday, 04 January 2014 05:56

SEATTLE (AP) — The stakes were high and the vote was close as Boeing production workers agreed to concede some benefits in order to secure assembly of the new 777X airplane for the Puget Sound region.

Washington Gov. Jay Inslee and Boeing hailed Friday's vote, which proponents said solidifies the aerospace giant's presence in the Seattle area.

"Tonight, Washington state secured its future as the aerospace capital of the world," Inslee declared.

Under the terms of the eight-year contract extension, Boeing said the 777X and its composite wing will be built in the Puget Sound area by Boeing employees represented by the Machinists union.

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George Goodman, aka TV's "Adam Smith," dies at 83 PDF  | Print |  E-mail
Written by HILLEL ITALIE, AP National Writer   
Saturday, 04 January 2014 06:03

NEW YORK (AP) — George Goodman, a journalist, business author and award-winning television host who under the pseudonym "Adam Smith" made economics accessible to millions of people, died Friday at age 83.

Goodman's son, Mark Goodman, said his father died at the University of Miami Hospital after a long battle with the bone marrow disorder myelofibrosis.

Starting in the 1950s, the elder Goodman had a long, diverse and accomplished career, whether as a founder of New York Magazine, as a best-selling business author or as the personable host of "Adam Smith's Money World."

Known as "Jerry" to his friends, he prided himself on making arcane debates among economists and business leaders understandable, often using an anecdotal or irreverent approach to explain a complicated issue. He has been credited with coining the mocking catchphrase, "Assume a can opener," as a parody of academic jargon.

Last Updated on Saturday, 04 January 2014 06:05
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Cubans aghast at car prices as new law kicks in PDF  | Print |  E-mail
Written by ANNE-MARIE GARCIA, Associated Press   
Saturday, 04 January 2014 05:54

HAVANA (AP) — Talk about sticker shock!

Cubans are eagerly flocking to Havana car dealerships as a new law takes effect eliminating a special permit requirement that has greatly restricted vehicle ownership in the country. To their dismay on Friday, the first day the law was in force, they found sharply hiked prices, some of them light years beyond all but the most well-heeled islanders.

A new Kia Rio hatchback that starts at $13,600 in the United States sells for $42,000 here, while a fresh-off-the-lot Peugeot 508 family car, the most luxurious of which lists for the equivalent of about $53,000 in the U.K., will set you back a cool $262,000.

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