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Europe`s banks still need plenty of medication
If we seem to be past the worse for the British and American banking systems, the same cannot be said for continental Europe, where according to the European Central Bank, eurozone banks are facing ...
BBC

Economic fillip forecast from migrant amnesty
An amnesty for illegal immigrants living in Britain would add £3bn a year to gross domestic product and generate annual tax revenues of almost £850m, according to a report
FT

Missouri jobless rate resumes climb in May
Missouri's unemployment rate resumed its climb in May following a decrease in April, but job losses slowed, according to data released Monday by the Missouri Department of Economic Development.
Biz Journal

Study: Phoenix ZIP good for lst-time buyer
The upscale, family-focused Ahwatukee Foothills neighborhood of Phoenix is the second-best place in the country for first-time buyers to shop for a home, according to a recent study of 7,000 ZIP codes.
AZ Central

Universal, Virgin Media Enter Unlimited Download Deal
The deal reflects a new tactic in battling piracy that accounts for 95% of online music, according to industry estimates.
Information Week

Improving access to health insurance: $1 trillion
Two key proposals to improve access to health insurance could reduce the ranks of the uninsured but cost $1 trillion over 10 years, according to preliminary estimates released Monday by the Congressional Budget Office.
CNN

`Hangover` is the weekend box office winner
Warner Bros.' 'The Hangover' was the top draw at the movies this weekend, beating out Disney/Pixar's 'Up,' according to Box Office Mojo, a Web site that tracks box office revenues.
Biz Journal

Dot Hill R/Evo 2722-2R Provides Big Performance in a Small Footprint
REVIEW: The Dot Hill 2722-2R is a 2U RAID storage array that can house as many as 24 2.5-inch drives accessible via dual 4Gb Fibre Channel controllers. eWEEK Labs' tests show that the system is a solid step into the smaller 2.5-inch form factor, with an easy-to-use GUI, good performance and a high-availability architecture. By using 2.5-inch drives (which are 70 percent smaller than 3.5-inch drives), data centers can pack more high-performance storage into a smaller space, use less electricity, and generate less heat and vibration. According to Seagate, a 2.5-inch drive can consume - It is very hard to find fault with the Dot Hill R/Evo 2722-2R. Its a solid step into the smaller 2.5-inch form factor, with an easy-to-use GUI, extremely strong performance and a high-availability architecture. The Dot Hill 2722-2R is a 2U RAID storage array that can house as many as 24 2.5-inch ...
eWeek

Kendall Law Group Announces Class Action Against Nortel Networks
DALLAS, TX--(Marketwire - June 15, 2009) - Kendall Law Group, led by former federal judge Joe Kendall, announces that a class action has been filed on behalf of stock purchasers of Nortel Networks Corporation (PINKSHEETS: NRTLQ). According to the complaint, certain officers of Nortel violated the Securities Exchange Act of 1934 for their failure to disclose material adverse facts about Nortel's true financial condition, business and prospects.
Market Wire

30-year Mortgage Rate Drops To 5.52 Percent
Interest rates on US 30-year fixed-rate mortgages fell to 5.52 percent late Monday after hovering at 5.67 percent on Friday, according to real estate Web site Zillow.com.
Big News Network

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