76370 results returned for search: "" category "Business"
Persistence, flexibility and keeping focused on your own direction those are just some of the qualities and values that have served Myron Binns so well in his 42 years as an accountant.
For Mr. Binns, who celebrated 25 years in business this month, h...
DATE: Dec 17, 2008
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CHICAGO (Reuters) - A surge in surplus US corn supplies due to sluggish demand from an ailing ethanol sector and the economic turmoil portends weaker prices, but could provide some relief to the food and livestock industry.
The US Agriculture Departm...
DATE: Dec 17, 2008
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Flagstone Re remains fully committed to staying in Bermuda, despite questions being raised about the reinsurer's future after it set up its operations base in Switzerland in August this year.
Mark Byrne, chairman of Flagstone Re, called on that Gover...
DATE: Dec 17, 2008
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Bermuda-based reinsurer New Castle Re's A- rating from AM Best has been placed under review as its hedge fund operator owner Citadel deals with redemption requests and dwindling assets.
Chicago-based Citadel has already closed down one Bermuda reinsu...
DATE: Dec 17, 2008
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AUTHOR:
Jonathan Kent
A fund listed on the Bermuda Stock Exchange has revealed that it has $2.8 million in indirect exposure to the Madoff scandal.
Global Specialised Opportunities 1 Ltd. (GSO1) said in a stament released by the BSX: "As you may be aware, allegations have...
DATE: Dec 17, 2008
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MINNEAPOLIS (AP) — Best Buy Co. Inc. , the nation's biggest consumer electronics retailer, said yesterday that its third-quarter profit sank 77 percent as it faced dramatic changes in consumer spending.
The company also said it will offer massive buy...
DATE: Dec 17, 2008
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SAN FRANCISCO (Bloomberg) — Intel Corp., the world's biggest maker of semiconductors, will demonstrate technology that shrinks the components of chips, helping maintain the company's lead over rivals such as Advanced Micro Devices Inc.
Intel plans to...
DATE: Dec 17, 2008
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HARTFORD, Connecticut (AP) — The former chief executive of General Re Corp. was sentenced yesterday to two years in prison and fined $200,000 for his role in a scheme that cost shareholders of American International Group Inc. more than $500 million....
DATE: Dec 17, 2008
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NEW YORK (AP) - A surprised Wall Street bolted higher yesterday after the Federal Reserve's historic decision to further slash interest rates and pledge broad support to revive the troubled economy.
The Dow Jones industrials surged 360 points, or 4.2...
DATE: Dec 17, 2008
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NEW YORK (Bloomberg) — American International Group Inc. chief executive officer Edward Liddy may face a congressional hearing to explain "the full extent" of the insurer's plan to give bonuses to as many as 7,000 people so they won't quit.
Liddy sho...
DATE: Dec 17, 2008
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