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Global Deals Review: Q4 2009

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Hot sectors in a tepid recovery

The energy, finance, technology and healthcare industries are expected to be the hottest areas for dealmaking in 2010.   Full Article | Full Coverage 

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Housing secretary to resign Monday: source

WASHINGTON
Mon Mar 31, 2008 10:00am EDT
U.S. Secretary of Housing and Urban Development Alphonso Jackson addresses a national housing summit held by the Office of Thrift Supervision in Washington, December 3, 2007. REUTERS/Jonathan Ernst

WASHINGTON (Reuters) - The U.S. housing secretary will resign Monday morning under pressure after accusations of improper allocation of federal contracts, a government source familiar with the situation said.

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Housing and Urban Development Secretary Alphonso Jackson will announce that he is stepping down April 18th in a press conference to start at 10 a.m., the source said.

Jackson has faced calls for his resignation after lawmakers have said he behaved improperly in awarding federal contracts.

(Reporting by Patrick Rucker; Editing by Theodore d'Afflisio)
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