2 hrs ago | San Jose Mercury News
Tropicana Las Vegas emerges from bankruptcy
Tropicana Las Vegas has emerged from Chapter 11 bankruptcy with new owners. Toronto-based Onex Corporation and former MGM Mirage President Alex Yemenidjian acquired a majority stake in the Las Vegas hotel-casino this week, as it completed its yearlong bankruptcy process.
China Investment Corp. to buy stake in Teck for $1.74 billion
Cash-strapped mining giant Teck Resources Ltd. says it has completed a $1.74 billion private placement designed to lighten its debt load.
Group Calls for FCC to Ban 'Midget'
Little people are calling on the Federal Communications Commission to ban the use of the word "midget" on broadcast TV.
www.coinnews.net | coinhobbyist
Business & Bullion Weekend Report, July 4
Precious metals were pressured this week with the U.S. dollar pushing higher. London gold and silver fell after gaining last week. Platinum declined for week four. New York crude-oil and U.S. stocks tumbled Thursday in a holiday shortened week while European stocks were split Friday but closed down on the week as well.
technologyexpert.blogspot.com | Iria
iPhone 3GS Generates Best Retail Day for AT&T Ever
Oil's record high, one year later
One year ago, on July 3, 2008, oil prices settled at a record high -- a once-unthinkable $145.29 a barrel On Thursday, it settled at $66.73, less than half the record price, following a $2.58 decline.
Euro zone unemployment hits 10-year high in May
Unemployment in the 16 countries that use the euro spiked to a 10-year high in May, reinforcing concerns any recovery will take time with so many people out of work.
467K jobs cut in June; jobless rate at 9.5 percent
WASHINGTON - Employers cut a larger-than-expected 467,000 jobs in June and the unemployment rate climbed to a 26-year high of 9.5 percent.
Madoff's $7M US penthouse seized by U.S. marshals
Disgraced financier Bernard Madoff's $7-million US Manhattan penthouse was seized by the U.S. Marshals Service on Thursday, forcing his wife to find somewhere else to live.
VIDEO: July 2: Jobless Data Sends Stocks Reeling
Stocks closed at their lowest level in six weeks Thursday after the government said the unemployment rate hit 9.5 percent, a 26-year high.
Exelon raises hostile bid for NRG to $8 billion
Exelon Corp. on Thursday sweetened its hostile takeover bid for NRG Energy Inc. by 12 percent to $8 billion in stock, citing newly identified cost savings along with NRG's recent deal for Reliant Energy's Texas retail business.
TV Stations Struggling With Viewer Loss On DTV
Share + Jul 2, 2009 3:00 pm US/Eastern 1 of 1 Most of the stations, in cities like Chicago, Philadelphia, New York and Dallas, moved their digital broadcasts from the UHF band to the VHF band on June 12, when they turned off their analog broadcasts.
Stanford Executive to Plead Guilty, Lawyer Says
James M. Davis, the chief lieutenant of R. Allen Stanford , will plead guilty to fraud and conspiracy after reaching an agreement to cooperate with prosecutors in their case against the Texas billionaire, his lawyer said on Wednesday.
Facebook to Offer New Features to Allow Users to Control Privacy of Information
Facebook 's biggest asset - its population of more than 200 million users - is also part of its Achilles' heel.
Lear, the Auto Parts Maker, Files Chapter 11
The maker of car seats, the Lear Corporation , said on Wednesday that it would file for bankruptcy protection in a reorganization supported by crucial secured lenders and bondholders and that it had obtained $500 million in bankruptcy financing.
VIDEO: Money Minute: Manufacturing on the Mend
Manufacturing posts the best showing in months, a rise in home sales and a wine and spirits giant shines.
General Mills 4th-quarter profit soars as consumers flock to some of its core brands
General Mills says its fiscal fourth-quarter profit almost doubled as consumers flocked toward the food maker's well-known brands such as Cheerios and Yoplait.
Sharp Drop in Construction Spending in May
Reports released Wednesday offered a mixed review of the economy. In the first report, construction spending fell more than expected in May, a sign the problems facing the nation's builders are far from over.
Obama: New consumer agency to enforce financials
President Barack Obama says his new Consumer Financial Protection Agency will protect Americans from unscrupulous practices and make financial products easier to understand.
Consumer confidence falls in June
NEW YORK -- Americans - whose hope for the economy had been rising since March - unexpectedly lost faith this month, pushing down a widely watched barometer.The New York-based Conference Board said Tuesday that its Consumer Confidence Index now stands at 49.3, down from its revised May level of 54.8.Because consumer spending accounts for more than ...
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