49296 results returned for search: "" category ("Other" AND "Business")
DETROIT (Bloomberg) — Chrysler LLC is seeking to reject 789 automotive dealership agreements, many located in the suburbs of major US cities, according to court papers filed in US Bankruptcy Court in Manhattan.
The company wants to break its contract...
DATE: May 15, 2009
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TORONTO (Reuters) - Toronto's main stock index snapped a three-day slide yesterday, climbing nearly 140 points as the big materials, energy and financials sectors led a broadbased rally.
The materials and energy groups began the session lower, spurre...
DATE: May 15, 2009
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NEW YORK (Reuters) - The trustee recovering money for the defrauded customers of swindler Bernard Madoff's firm asked the court to stop two Kingate funds and the Bank of Bermuda from transferring money.
Trustee Irving Picard said in court documents t...
DATE: May 15, 2009
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WASHINGTON (Reuters) - President Barack Obama should tackle deferral of corporate taxes within the context of broader tax reform and not separately, the chairman of a key US congressional panel said yesterday. "They need to distinguish between deferr...
DATE: May 15, 2009
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The Bermuda Government's estimates of economic growth achieved last year are "too optimistic", according to a report by top analysts.
The Economic Intelligence Unit (EIU) said it had lowered its 2008 growth forecast for the Island from 2.4 percent to...
DATE: May 15, 2009
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The deadline is looming for Bermuda's exempt companies and hedge funds to register or face a fine and/or imprisonment of their owners as the Bermuda Monetary Authority (BMA) tightens up its regulation of funds Island-wide in the wake of the Madoff sc...
DATE: May 14, 2009
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LONDON (AP) — J Sainsbury PLC, Britain's third-largest grocer, said yesterday that full-year profit fell 12 percent despite a solid increase in sales as the company booked a sizeable one-off loss for the revaluation of stores it part-owns.
For the ye...
DATE: May 14, 2009
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SAN FRANCISCO (AP) — Intel Corp. was fined a record $1.45 billion by the European Union yesterday for using strong-arm sales tactics in the computer chip market — a penalty that could turn up the pressure on US regulators to go after the company, too...
DATE: May 14, 2009
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LONDON (Reuters) - The Bank of England said yesterday it expected a slower recovery than it had forecast previously with inflation remaining well below target, suggesting monetary policy will stay loose for some time.
The BoE stressed a high level of...
DATE: May 14, 2009
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Travel website YourTravelBiz.com International (YTB), which signed up 700 Bermudians, has suffered a setback after two of its board members quit and it posted a first-quarter loss.
The Alton, Illinois Telegraph revealed that Dr. Timothy Kaiser decide...
DATE: May 14, 2009
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