49296 results returned for search: "" category ("Other" AND "Business")
SAN FRANCISCO (Bloomberg) — The year-old US recession will linger for at least two additional quarters and unemployment may rise to the highest rate in a quarter century, JPMorgan Chase & Co. chief executive officer Jamie Dimon said yesterday.
Dimon,...
DATE: Jan 14, 2009
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Employees are a key part of any company and should not be readily sacrificed in the event of an economic downturn, entrepreneurs and small business leaders were told at a meeting held at the Fairmont Hamilton Princess hotel yesterday.
Martin Law, exe...
DATE: Jan 14, 2009
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LAS VEGAS (AP) - A strange little ritual used to go along with Polaroid cameras. The shooter would grab the print as it came out of the camera and wave it in the air, as if that would stimulate the chemicals and make the picture appear faster. It did...
DATE: Jan 14, 2009
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NEW YORK (AP) — Year after year, the hedge fund industry dazzled Wall Street by delivering "absolute returns" — outsized profits whether markets rose or fell. Using sophisticated trading models, the pools of managed capital made wealthy people wealth...
DATE: Jan 14, 2009
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SAN FRANCISCO (AP) — Yahoo Inc. appears to have settled on Silicon Valley veteran Carol Bartz as its new chief executive, ushering in a no-nonsense leader known for developing a clear focus — something that has eluded the struggling Internet company ...
DATE: Jan 14, 2009
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LONDON (AP) — Shareholders in nationalised mortgage lender Northern Rock went to court yesterday to try to force the British government to compensate them for their now-worthless stocks.
Lawyers representing two institutional investors and about 150,...
DATE: Jan 14, 2009
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LONDON (AP) — Britain's retailers suffered their worst December in at least 14 years while the wider economy experienced a "frightening deterioration," business leaders said yesterday.
In its monthly assessment of the sector, the British Retail Conso...
DATE: Jan 14, 2009
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PMG Assurance, the Bermuda-based captive insurance company owned by the Sony Corporation, has had its financial strength rating of A affirmed by AM Best.
The New Jersey-based rating agency said the ratings reflected PMG's excellent capitalisation, hi...
DATE: Jan 14, 2009
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NEW YORK (Bloomberg) — PartnerRe Ltd., the Bermuda-based reinsurer, will repay half the $400 million loan from Citigroup Inc. before the payment is due.
The money will be repaid January 14, ahead of the April 27 maturity date, the reinsurer said yest...
DATE: Jan 14, 2009
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XL Capital Ltd. chief executive Michael McGavick said yesterday the Bermuda-based business insurer is focused on remaining "an independent company".
XL is "exclusively focused" on running independently, Mr. McGavick told reporters after speaking in ...
DATE: Jan 14, 2009
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