49296 results returned for search: "" category ("Other" AND "Business")
SAN FRANCISCO (Bloomberg) - News Corp.'s MySpace social-networking unit fired almost 30 percent of its staff to save money in response to falling advertising sales and gains by larger rival Facebook Inc.
The cuts lower US staffing at Los Angeles-base...
DATE: Jun 17, 2009
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WASHINGTON (Bloomberg) — US President Barack Obama, warning Wall Street not to forget how it almost caused the financial system to collapse, said "sensible" new rules are needed to tighten oversight and restore confidence in US markets.
"Wall Street ...
DATE: Jun 17, 2009
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The Royal Gazette/Bermuda Stock Exchange Index (BSX) slipped 8.74 points (0.37 percent) to 2,353.22 yesterday.
The Index traded a total of 78,776 shares worth $428,500.40.
Butterfield Bank fell five cents (6.4 percent) to $5.40, with 78,476 shares ch...
DATE: Jun 17, 2009
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Bermuda-based insurer Ironshore is planning to double its business this year, says chief executive officer Kevin Kelley.
The privately-held company, now in its third year of operation, has expanded rapidly since setting up with $1 billion in capital ...
DATE: Jun 17, 2009
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AUTHOR:
Jonathan Kent
Bermuda is on target to beat last year's total number of new re/insurance set up on its shores, according to the latest statistics released by the Bermuda Monetary Authority (BMA).
The BMA's figures showed that 40 new companies were incorporated on t...
DATE: Jun 17, 2009
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Premier Ewart Brown told an insurance industry audience yesterday that proposed US tax code changes to target non-US insurers could spark an international trade war.
Dr. Brown, who was speaking to delegates at the Insurance Day Summit at the Fairmont...
DATE: Jun 17, 2009
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AUTHOR:
Jonathan Kent
TORONTO (Reuters) - Research In Motion (RIM) is adding another smartphone to its BlackBerry line-up as it aims to win market share among both executives and mainstream consumers despite tough economic conditions.
The new model is known as the BlackBe...
DATE: Jun 17, 2009
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LOS ANGELES (AP) - Nearly 800,000 calls were received by a federal hot line last week from people confused about the nationwide move on Friday to drop analogue TV signals and broadcast only in digital.
The Federal Communications Commission (FCC) said...
DATE: Jun 17, 2009
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Householders will be able to work out where their hard-earned money is going and make cost and power savings thanks to a handheld monitor which is set to be launched in Bermuda today.
The PowerCost Monitor, which it is claimed, can help reduce energy...
DATE: Jun 16, 2009
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Validus Holdings Ltd., the Bermuda-based reinsurer, said it will seek to replace the board of competitor IPC Holdings Ltd. if it's unable to reach a merger agreement with IPC in a "timely manner".
Validus chief executive officer Ed Noonan said he was...
DATE: Jun 16, 2009
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