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Greenspan Warns Against Budget Deficits, Again

WASHINGTON – Bloated budget deficits pose a danger to the nation’s long-term economic health, Federal Reserve (search) Chairman Alan Greenspan (search) warned anew Thursday. He issued a fresh call to policy-makers to move swiftly to put the government’s fiscal house in order. Greenspan only very briefly touched on the economy’s …

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Israel Shares Intel With U.S. on Iran Nukes

WASHINGTON – Israeli Prime Minister Ariel Sharon (search) pressed the U.S. to threaten Iran (search) with international sanctions, warning Iran was quickly approaching a point of no-return in its nuclear program. The White House said it agreed that Iran is pursuing nuclear weapons “under the guise of a civilian program” …

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Hasbro Posts Loss Amid Higher Costs

PAWTUCKET, R.I. – Hasbro Inc. (HAS), the nation’s second-largest toy maker, said Monday it swung to a loss in the latest first quarter from year-ago profit, due to lower revenue and higher costs. Quarterly losses totaled $3.7 million, or 2 cents per share, compared with earnings of $6.5 million, or …

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