The White House has authorized an independent review of all loan guarantees made by the Energy Department to foster green technology following the bankruptcy this year of Solyndra, the California company that received a $535 million loan through the program. White House officials said Friday that Chief of Staff William Daley ordered the review that will evaluate the entire $35.9 billion loan portfolio made to support the private-sector development of new technologies that could help improve the economy and create jobs. Read full article > >

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White House orders independent review of Energy Department loans

BRUSSELS — Private investors in Greek bonds would need to accept losses of at least 50 percent to stabilize Greece’s finances, according to a joint European and International Monetary Fund analysis that has put bankers and politicians at loggerheads over how to bail out the country once and for all. The contribution is more than double what a banking industry group agreed to over the summer. But Greece’s cratering economy and public opposition to more taxpayer-supported loans is putting pressure on private investors to fund a growing gap in the country’s rescue program. Read full article > >

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Greek rescue may cost banks even more

HAMPTON, Va. — President Obama will use an appearance at a military base here Wednesday to announce a partnership with the private sector to employ 25,000 veterans of the Afghanistan and Iraq wars over the next two years, White House officials said. Obama has been touring the region by bus to promote his plans to create public sector jobs. But, with his $447 billion American Jobs Act stalled in Congress, Obama also has called on the private sector to help reduce an unemployment rate of 11.7 percent among veterans , above the national average of 9.1 percent. Read full article > >

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President Obama and first lady to unveil private sector partnership to hire 25,000 war veterans

NEW YORK — Protesters will have to clear out of the private Manhattan park where they’ve been camped out for nearly a month so the owners can clean it, but they’ll be allowed to return afterward, city officials said. Deputy Mayor Cas Holloway said in a statement Wednesday that the protest has “created unsanitary conditions and considerable wear and tear on the park.” He said Brookfield Properties asked for police help to clear Zuccotti Park so it can be cleaned. Read full article > >

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City tells NY protesters they must leave park for cleaning but can return

he number of people actively saving in company pension schemes in the private sector almost halves since 1991.

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Pension saving continues to drop

The overhaul of the NHS in England presents “huge opportunities” to the private sector, a health minister says.

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Row over minister’s NHS comments

When one thinks of Muslim art and culture, Dallas, Texas may not be the first place that comes to mind. A city known for big hair and even bigger personalities, Dallas seems like it would be the farthest thing from “the Muslim world” you could imagine. But hidden within this quintessential, western American city lives contemporary artist Adnan Razvi. Working out of his private studio, Razvi creates provocative and challenging hybrid pop/graffiti artwork that deals with contemporary issues both foreign and domestic. Adnan Razvi recently sat down with Aslan Media to discuss his upbringing, what turned him on to art, and how he approaches his work.

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Muslim on the Western Frontier: Q&A with Contemporary Artist Adnan Razvi

Leon D. Black’s 60th birthday party in the Hamptons was lavish, and in a way showed that little has changed in the private equity world.

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DealBook: Birthdays Are Still Big in Buyout Land

The Private Finance Initiative used by successive governments to pay for new schools and hospitals is poor value for money, a group of MPs say.

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PFI poor value for money, say MPs

BOSTON — Republican Mitt Romney will formally launch his second campaign for the White House on Thursday with an operation leaner and wiser than it was four years ago and a message singularly focused on what he sees as President Obama’s greatest area of vulnerability: jobs and the economy. Romney and his advisers are working backward from November 2012. They believe that the economy will decide the outcome of the election and that the president has yet to convince voters that his economic policies have worked. They argue that Romney’s long experience in the private sector — his tenure as an elected official was just four years — makes him the Republican best positioned to challenge the president on how to fix what’s wrong. Read full article > >

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Romney bets his candidacy on the economy

CHICAGO — The architect of the GOP’s controversial Medicare overhaul delivered a forceful defense of the plan here Monday, saying it would empower seniors and accusing President Obama of having a “shared-scarcity mentality” that promotes “bureaucratically rationed health care.” Facing a backlash from voters over his proposal to turn Medicare into a system that subsidizes health coverage for retirees on the private market, House Budget Committee Chairman Paul Ryan (R-Wis.) moved to recast the plan as the only one that would make the economy grow. Read full article > >

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Ryan defends Medicare overhaul, argues that GOP plan would grow economy

A user of Twitter has tried to unmask some of the public figures who have obtained super-injunctions to prevent publication of details of their private lives.

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Tweets ‘break super-injunction’

Pay in the public sector in the UK has risen faster than in the private sector, a report for think tank Policy Exchange says.

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Public sector pay gap ‘increases’

On Mother’s Day, U.S. Army Private First Class Lexa M. Pagan is nearly 7,000 miles away from her four-year-old son, Yandel, and her parents, Mary and Axel Gonzales. But thanks to video communication, Lexa can share part of the holiday weekend video chatting with her family. Using both Skype and Google, Lexa does her best to visually interact with her son at least once a week. Read full article > >

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Celebrating Mother’s Day from Afghanistan

Employers added 244,000 jobs in April, all the net gain coming from the private sector. As more people returned to the job hunt, the unemployment rate rose to 9.0 percent.

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Strong Job Report Shows U.S. Economy Gaining Steam