2 hrs ago | Green Car Congress
Barley Ethanol Company Receives $300M Commitment from Private Equity Firm
Osage Bio Energy , headquartered in Glen Allen, Virginia, has received a commitment of $300 million from First Reserve Corporation to fund the construction of four next generation bio-refining facilities that ... via Green Car Congress
7 hrs ago | MarketWatch
Circuit City agrees to due diligence in Blockbuster's bid
Circuit City Stores Inc. said Friday that it has hired Goldman Sachs & Co. to help it explore strategic alternatives, adding that it will allow video-rental chain Blockbuster Inc. via MarketWatch
11 hrs ago | The Boston Globe
SEC to mandate fuller disclosure by investment banks
“Making that information public can certainly help.”
The Securities and Exchange Commission will require investment banks to disclose their capital and liquidity levels after the agency was criticized for regulatory failings in the wake of the Bear Stearns Cos. via The Boston Globe
15 hrs ago | Canadian Business Magazine
Berkshire's Charlie Munger says investors should lower expectations
“There will be a hell of a mess in these derivative books eventually”
PASADENA, Calif. - Billionaire Charlie Munger said Wednesday investors should lower their expectations because the economic conditions many people used to build wealth over the past three decades aren't likely ... via Canadian Business Magazine
19 hrs ago | Accountancy Age
Aberdeen latest to join corporate exodus
Aberdeen Asset Management is the latest in the ranks of corporate groups considering moving its headquarters offshore for tax purposes as speculation grows that a wave of British fund managers could exit the ... via Accountancy Age
Yesterday | MarketWatch
Financial Stocks: AIG off, S&P cuts view before results
“Taking the decline in assets under management from point to point, as represented by the Bloomberg report, is not an appropriate or accurate way to calculate potential investment losses or the company's potential exposure”
U.S. financial stocks slipped Thursday, pressured by a report that State Street Corp. via MarketWatch
Yesterday | CBS13/CW31 | Posted by CBS13/CW31
Gas Prices Jump 3 Cents, Set New Record
“The physical supplies do not justify the price, it just doesn't make sense.”
Gas prices jumped nearly 3 cents overnight to a new national record of nearly $3.65 a gallon Thursday, while oil prices paused from their own climb to record highs and succumbed to mild profit-taking.
At the pump, the average price of a gallon of regular gas nationwide rose 2.7 cents to a record $3.645, according to a survey of stations by AAA and the Oil Price Information Service. Diesel prices also rose, adding 0.9 cent to match a record national average of $4.251 a gallon.
Gas prices tend to lag oil futures, and with crude rising to a new record near $124 a barrel Wednesday and likely headed higher, it's widely expected the average price of gas will soon rise as high as $4. Motorists in many areas, including parts of California and Hawaii, are already paying that much, or more. Read more
Yesterday | Gulf Times
India growth rewarding amid global risks: Merrill
“This could last for between 6 to 12 months”
Thain at the news conference in Mumbai, yesterday MUMBAI: India offers one of most rewarding opportunities for growth in spite of recessionary conditions in the US, wealth management group Merrill Lynch CEO ... via Gulf Times
Yesterday | Press & Sun-Bulletin
More NY lawyers' state retirement benefits suspended
New York Comptroller Thomas DiNapoli is suspending or reducing the public pensions of five more lawyers and an accountant in his ongoing investigation of contractors wrongly listed as public employees. via Press & Sun-Bulletin







