76374 results returned for search: "" category "Business"
WASHINGTON (AP) — US automakers drew fresh scepticism from lawmakers yesterday in a rocky confrontation over their pleas for an expanded $34 billion rescue package they say they need to survive. Congressional analysts said one bailout plan under cons...
DATE: Dec 05, 2008
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NEW YORK (Bloomberg) — American International Group Inc., whose bonuses and perks drew fire from lawmakers after the insurer accepted a federal bailout, will make special retention payments that more than double the salaries of some senior managers, ...
DATE: Dec 05, 2008
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NEW YORK (AP) - A period of relative calm on Wall Street ended yesterday as stocks tumbled in the final hour of trading on growing investor anxiety about the government's November employment report.
The major indexes each fell more than 2.5 percent, ...
DATE: Dec 05, 2008
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NEW YORK (Bloomberg) — Everest Re Group Ltd., the Bermuda-based insurer and reinsurer, said Ralph Jones III will become president and chief operating officer nex Monday, replacing Thomas Gallagher, who has held the position since 1997.
Gallagher will...
DATE: Dec 05, 2008
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Despite all the doom and gloom of the current financial crisis, there are some good opportunities for investors in the market.
That is if LOM Securities' (Bermuda) Bermuda Stock Exchange (BSX) domestic issuers' Blue Book, which was written by the com...
DATE: Dec 04, 2008
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BOSTON (Bloomberg) — Harvard University's endowment decreased 22 percent, or $8 billion, in the first four months of fiscal 2009, putting the fund on course to have its worst performance in at least four decades.
The decline came in the four months t...
DATE: Dec 04, 2008
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The number of Bermudians filling jobs in the domestic market will not be enough to sustain the Island's economic prosperity over the next two decades.
That was the stark message from the Bermuda Employers' Council (BEC) survey entitled 'The Shift: An...
DATE: Dec 04, 2008
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The impact of employment trends in Bermuda on the local and international business markets was the focus for a lively panel debate at the Bermuda Employers' Council (BEC) Annual General Meeting at the Fairmont Hamilton Princess hotel yesterday.
The p...
DATE: Dec 04, 2008
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TORONTO (Reuters) - The Toronto Stock Exchange's main index finished lower for a third straight session yesterday with energy shares sliding as talk about a possible takeover of Nexen Inc. fizzled out.
Nexen, whose shares rallied on Tuesday on talk t...
DATE: Dec 04, 2008
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LONDON (AP) — Shares in Stagecoach Group PLC dropped 16.5 percent yesterday after the UK-based transport company said it expects rail revenue to fall next year amid the deepening economic downturn.
Shares fell 16.5 percent to close at 143.2 pence ($2...
DATE: Dec 04, 2008
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