CNN Money: Top business headlines for June 27

    6:24 AM, Jun 27, 2013   |    comments
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    NEW YORK (CNN) -- CNN Money's Maribel Aber has your top business and financial news on this Thursday, June 27.

    Ballet Arkansas seeking $200K for Main Street studio
    Ballet Arkansas announced Tuesday that it's raising $200,000 to secure rehearsal and office space in Little Rock's emerging Main Street Creative Corridor.  Standing in what might become a 1,500-SF rehearsal studio, members of the professional dance company discussed plans to move into the Arkansas Building at the corner of Sixth and Main streets. The organization has filed a letter of intent, and $175,000 of the funds being raised are earmarked for a five-year lease. The remaining $25,000 is for moving costs and renovations.

    Same-sex marriage ruling: Financial impact
    The Supreme Court's decision Wednesday to strike down the federal law that limited marriage to a man and a woman is not just a civil rights victory for same-sex couples -- it's a financial win for many of them. In a 5-4 ruling, the court ruled that the 1996 Defense of Marriage Act is unconstitutional because it denies married same-sex couples the same benefits that heterosexual couples receive.

    Porn, wine and kazoos on IRS worker charge cards
    Pornography, wine bottles and kazoos were among improper purchases made by IRS employees using their work-issued charge cards, according to watchdog report. Like a lot of big companies, the Internal Revenue Service allows some of its 90,000 employees to use company charge cards to buy work-related items, such as office supplies.

    With new TVs, size matters
    There doesn't seem to be anything that television manufacturers can do to persuade consumers to buy a new TV. After falling 3% in 2012, U.S. LCD TV sales dropped another 11% in the first quarter of this year, according to technology consultancy IHS. Few saw this coming just a couple of years ago. TV sales were booming as recently as 2010, when consumers were replacing their old tube sets with flat screen LCD TVs. But by 2011, two in three households in America owned at least one HDTV. That's when television sales start to hit a wall.



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