Business and Finance News
From Three Local Authors Who Know Volumes
Star Tribune
Three folks with deep business roots in the Twin Cities have recently published interesting books. Robert MacGregor was a Presbyterian minister in southeast Minneapolis 50 years ago, who went from co... New Owner Plans To Finish Sexton Lofts
Star Tribune
The Sexton Lofts condominium development in downtown Minneapolis has a new owner that plans to complete units left unfinished when the project was hit with financial and legal problems. Minneapolis L... Blue Cross Is Sued Over Disclosing Woman's Records
Star Tribune
Blue Cross and Blue Shield of Minnesota, the state's largest health insurer, accidentally published a customer's personal medical information in a handbook prepared for 95,000 members of a popular hea... Buyout Rumors Push Supervalu Stock Up 6%
Star Tribune
Supervalu Inc. shares rose the most in almost a year and trading of bullish options surged to a record Friday on speculation that the Eden Prairie-based grocery chain will be acquired. The shares cli... Cavuto: Hold On To Your Wallets
Fox Business
Missed Friday's Cavuto? Catch "The Deal" right here on FOXBusiness.com Around the clock to get the votes for a package whose price is out of this world. Here's the deal: Get the deal done. Now. So... Nortel Sales Decline As Customers Cut Spending
Reuters
(Reuters) - Bankrupt Nortel Networks Corp on Friday posted a 62 percent drop in quarterly revenue, as customers cut spending in the face of uncertainty about its bankruptcy proceedings and the shaky e... Wamu Reaches Settlement With Jpmorgan, Fdic
ABCNews
Washington Mutual Inc. has tentatively resolved disputes with JPMorgan Chase & Co. and the Federal Deposit Insurance Corp. over some $4 billion at issue in the bank holding company's Chapter 11 bankru... Nortel Networks Posts Profit In 4q
ABCNews
Bankrupt telecom equipment maker Nortel Networks Corp. said Friday it posted a profit in the fourth quarter, thanks to a large gain related to an asset sale. For the three months ended Dec. 31, Nor... Hecker Won't Wipe Out $767 Million In Debt
Star Tribune
Besieged auto dealer Denny Hecker this week gave up his desperate court fight to get out of debt so he can focus his energies on staying out of prison. In a surprising twist, the defeated auto mogul ... Us Stocks Mixed At Week's End
Earth Times
New York - US stocks were mixed on Wall Street Friday, with an unexpected increase in retail sales as shoppers defied heavy snow in February, boosting some results. Retail sales rose in February by 0.... Wsj: When Archbishop, Pope Knew Of Sex-offender Priest
Fox Business
VATICAN CITY -(Dow Jones)- A burgeoning sex-abuse scandal among German priests escalated on Friday with a disclosure by Pope Benedict XVI's former archdiocese, which said a priest known to the church... Nortel Reports Fourth-quarter Profit
Fox Business
SAN FRANCISCO -- Nortel Networks Corp. said Friday it swung to a fourth-quarter profit of $1.78 billion, or $3.34 a share, from a loss of $2.14 billion, or $1.02 a share in the same period a year ear... Evolving Systems Board Chairman Steps Down
Fox Business
EVOL ) announced Friday that the Chairman of its Board of Directors, Stephen K. Gartside, resigned, after serving on the board since January of 2004. Thad Dupper, the software solutions and services... Tax Q&a On Withholding, And Spouses Who Live Apart
Fox Business
LOS ANGELES -- When you and your wife live and work in two separate states, how do you file your tax returns? And whose fault is it if your payroll department took too little withholding out of your ... Data, Fed To Test If Rally Has Legs
Reuters
NEW YORK (Reuters) - Investors will try to tack another leg on to the year-long U.S. stock rally, looking to next week's economic data and statement from the central bank for evidence the recovery is ... Euro Zone Agrees Bailout For Greece: Report
Reuters
(Reuters) - The euro zone has agreed a multi-billion euro bailout for heavily indebted Greece as part of a package to support the euro, the Guardian newspaper reported on Saturday. Lehman Balance Sheet Massaging May Not Be Unusual
Reuters
That is the central question to emerge from the examiner's report, released late on Thursday by the bankruptcy court in Manhattan, which details examples of Lehman concealing assets and liabilities th... Video: Baby Sling Safety Warning
CBS News
The Consumer Product Safety Commission is investigating at least 14 deaths involving baby slings. Safety officials warned parents of the potential danger of carrying infants in them. Elaine Quijano re... Calif. Prosecutor Sues Toyota Over Defects
CBS News
Orange County District Attorney Tony Rackauckas announces the filing of a civil lawsuit against Toyota Motor Sales U.S.A. during a news conference Friday at the Orange County District Attorney Office ... Contractor Plans Liens Against Citycenter Owners
ABCNews
The primary contractor for the newly completed $8.5 billion CityCenter complex told the joint venture's owners that it intends to file mechanic's liens to collect on $492 million in construction bills... Celanese To Raise Prices On Emulsions
ABCNews
Chemical company Celanese Corp. on Friday said it would increase the prices on some emulsions in North America. The company, based in Dallas, said it would increase the price of all vinyl acetate h... 'jpmorgan, Citigroup Triggered Lehman Collapse'
Times of India
NEW YORK: JPMorgan Chase & Co and Citigroup Inc helped cause the failure of Lehman Brothers Holdings by demanding more collateral and changing guarantee agreements, according to a court-ordered rep... Rates Trade In Tight Range On Uneven Economic Data
Tampa Bay Online
The yield on the 10-year Treasury note that matures in February 2020 fell to 3.70 percent in late trading from 3.73 percent late Thursday. Its price rose 8/32 to 99 11/32. The 10-year yield is tied to... Bond Market Seeing Biggest Boom In Decade
The Dong-a Ilbo
The domestic bond market is heating up, with nearly 20 percent in profit from bond investment possible due to the sharp decline in interest rates after a surge in the wake of the 2008 global financial... Philip Morris International Declares Dividend
Sign on San Diego
NEW YORK Cigarette maker Philip Morris International Inc. has declared a regular quarterly dividend of 58 cents per share. The dividend is payable on April 9 to stockholders of record on ... Founder Of Leeann Chin Restaurants Dies At 77
Star Tribune
The namesake of the popular Leeann Chin Chinese restaurants has died. Chin, 77, died Wednesday in Seattle, Wash., after a long illness, a company spokeswoman confirmed. When Chin opened the first Le... Fda Panel Backs Medtronic Brain Stimulator
Star Tribune
WASHINGTON - Federal health advisers say a brain stimulating device from Medtronic can be approved for epilespy, provided the company conducts follow-up safety studies. The Food and Drug Administrati... Rates Trade In Tight Range On Uneven Economic Data
Miami Herald
NEW YORK -- Interest rates were mixed in the bond market Friday after uneven economic reports gave investors conflicting signals.Long-term Treasury prices rebounded after sliding Thursday. The rise i...
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