Talks between General Electric and Vivendi over the future of NBC Universal have stalled, according to people involved in the discussions who spoke on condition of anonymity because they were part of confidential negotiations. The sides, which jointly own NBC Universal, ...Read More
Stocks fell yesterday for the third straight day as a disappointing earnings report from computer-maker Dell Inc. weighed on technology shares. The Nasdaq composite index, with a big representation of tech stocks, logged the weakest performance. Demand for safe-haven investments rose ...Read More
When workers heard the news, "it was like a time bomb went off," said Matt Edler, who has worked for 10 years at the refinery that rises out of the lowlands near the Delaware River in southern New Castle County. "My ...Read More
Banking regulators seized Commerce Bank of Southwest Florida and sold the tiny Fort Myers bank to Central Bank, of Stillwater, Minn., marking the 124th U.S. bank to fail during 2009 and the 12th in Florida. The sole branch of Commerce Bank ...Read More
NEW YORK - Investors can't shake fears that the economy isn't keeping up with the stock market.
Stocks fell for a third straight day Friday as a disappointing outlook from computer maker Dell Inc. suggested that an economic recovery could be ...Read More
Unemployment eased in Southwest Florida in October, though it remains at a collective 12.3 percent in Manatee, Sarasota and Charlotte counties -- a level not seen since the mid-1970s.
Local work force experts are seeing a pickup in inquiries from employers, ...Read More
Uncle Sam is getting yet another break on the cost of borrowing. Suddenly, cash is again fighting to get into the haven of shorter-term Treasury securities, driving yields down to levels last seen after the first stage of the financial-system ...Read More
Vivendi and General Electric have agreed that Vivendi will be paid close to one-third of the value of its NBC Universal stake, although a value for the stake itself is still being negotiated, a person familiar with the matter said. The ...Read More
Nov. 21 (Bloomberg) -- Treasury two-year note yields fellto the lowest level this year on concern the rally in riskassets has outpaced growth prospects and as Federal Reserveofficials signaled interest rates will remain near zero. Three-month bill rates turned negative on ...Read More
FORT LAUDERDALE | When Cindy Naugle took the witness stand in her lawsuit against tobacco company Philip Morris USA, she toted an oxygen bottle and had to pause a few minutes to catch her breath. Lawyers for the 61-year-old Naugle say ...Read More
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