49296 results returned for search: "" category ("Other" AND "Business")
With origins derived from many domiciles, Bermuda residents today are a representative microcosm of a United Nations world fair.
Even early Bermuda settlers were an eclectic mix of peoples. Continuing into modern day, we still engage in long-term rel...
DATE: Dec 20, 2008
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When the chief executives of General Motors and Ford announced that they would take just $1 a year in salary if Congress bailed their companies out, I rolled my eyes. Not for a moment did that gesture make me feel better about the possibility of the ...
DATE: Dec 20, 2008
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This is the most difficult column of the year to write. It being the non-denominational holiday season for the celebration of this and that, I can't suggest that you save money this week. (Nor am I going to suggest that you throw it away, since I exp...
DATE: Dec 20, 2008
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TORONTO (Reuters) - Toronto's main stock index ended 1.5 percent higher yesterday as fresh hopes for a restructuring of the frozen non-bank asset backed commercial paper market boosted financial shares, and as BlackBerry maker Research In Motion (RIM...
DATE: Dec 20, 2008
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West Hamilton Holdings Ltd. dropped 24.52 percent ($3.25) in a tough day's trading on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The company, which is currently developing Belvedere Place in Hamilton, closed at $10, having starte...
DATE: Dec 20, 2008
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NEW YORK (AP) - Stock prices pared earlier gains to end a choppy day relatively flat yesterday, as Wall Street remained uncertain that a $17.4 billion lifeline for US automakers will make a lasting difference for the beleaguered industry.
In the earl...
DATE: Dec 20, 2008
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NEW YORK (Bloomberg) — General Electric Co.'s debt ratings outlook and those of its GE Capital finance arm were changed to negative from stable by Standard & Poor's, reflecting concern earnings could deteriorate further than previously thought.
The A...
DATE: Dec 19, 2008
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NEW YORK (AP) — One week ago, Ronnie Ambrosino was a millionaire. Now, Ambrosino is among the long list of investors whose fortunes were allegedly wiped out by Bernard Madoff. Like them, she's left hoping for a bailout that might never come.
She plan...
DATE: Dec 19, 2008
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NEW YORK (AP) — GMAC LLC said in a regulatory filing yesterday that about $16.9 billion, or 58 percent, worth of its notes have been tendered as part of a plan to swap $38 billion of debt and amass enough regulatory capital to become a bank holding c...
DATE: Dec 19, 2008
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NEW YORK (AP) — Discover Financial Services said yesterday it returned to profitability during its fiscal fourth quarter, thanks to a legal settlement, but is nevertheless trying to get funding from the government. Its shares rose about 14 percent.
W...
DATE: Dec 19, 2008
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