49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK — Mark Endres has 19 years left to pay on his mortgage and the Philadelphia barber is not expecting anyone to cut him any slack. So what's all this talk about the government writing a $700 billion cheque to Wall Street?
Plans for a massive f...
DATE: Sep 25, 2008
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NEW YORK (AP) - Tension grew in the financial markets yesterday, sending stocks mostly lower as investors worried about the effectiveness of a still-emerging government plan to rescue banks from crippling debt. The credit markets also showed added st...
DATE: Sep 25, 2008
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LONDON (Bloomberg) — British Airways Plc chief executive officer Willie Walsh said the airline is bracing for the loss of passengers in its most lucrative premium-travel market amid job losses because of financial-industry bankruptcies.
The carrier's...
DATE: Sep 25, 2008
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WASHINGTON (Reuters) – Prices of existing homes in the United States suffered a record drop in August while the sales pace slowed and the overstock of homes shrank, the National Association of Realtors said.
The pace of existing home sales decreased ...
DATE: Sep 25, 2008
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ROME (Bloomberg) — Alitalia SpA, the insolvent Italian airline, is operating on "a razor's edge," and may run out of cash after a September 30 deadline to find a buyer, said Augusto Fantozzi, the carrier's government-appointed administrator.
Fantozzi...
DATE: Sep 25, 2008
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Butterfield Bank recovered from its recent slump as its share price bounced back by five cents (0.38 percent) to close at $12.95 on The Royal Gazette/Bermuda Stock Exchange (BSX) Index yesterday.
The bank traded 72,158 shares throughout the day.
The ...
DATE: Sep 25, 2008
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MediaHouse Ltd. will redeem all of its outstanding $5 par value preference shares on September 30. The redeemed shares shall then be cancelled.
The shares, which last traded at $5, will be redeemed at their par value of $5 along with accrued dividend...
DATE: Sep 25, 2008
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NEW YORK (Reuters) – Upscale retailer Neiman Marcus Inc. said yesterday its quarterly loss more than doubled and forecast rough times ahead as the financial crisis on Wall Street hits its customers.
The failure of investment firm Lehman Brothers and ...
DATE: Sep 25, 2008
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CHARLOTTE, North Carolina — American International Group Inc. may have agreed to take the US government up on a two-year, $85 billion loan to help stave off bankruptcy, but now the largest US insurer faces an FBI investigation.
The news, along with c...
DATE: Sep 25, 2008
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DETROIT (AP) — Germany's Daimler AG said yesterday that it is in talks to sell its remaining stake in Chrysler LLC to private-equity firm Cerberus Capital Management LP.
Daimler spokesman Han Tjan confirmed a report in Germany's Manager Magazin that ...
DATE: Sep 25, 2008
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