| BUSINESS DIRECTORY |
Business News |
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ShopKo Agrees to Be Sold to Private Firm (AP)
AP - ShopKo Stores Inc., a discount retailer of general merchandise primarily in the Midwest, agreed to be sold to a private equity firm in Minneapolis in a deal the company valued Friday ...
Group of wealthy Americans call for 'tax revolt' (AFP)
AFP - As millions of Americans approach a deadline for income taxes, a group of wealthy taxpayers is calling for revolt -- against the tax cuts of recent years that benefited them ...
Old-Economy Industries Draw Investors (AP)
AP - Cement. Railroads. Trucking. Steel. These aren't sexy businesses, but they have something that adds to their appeal in the current investing climate: pricing power.
UAL Asks for Time for Reorganization Plan (Reuters)
Reuters - UAL Corp. , parent of
bankrupt United Airlines, has asked a federal bankruptcy court
for another two months to file its bankruptcy reorganization
plan without interference from ...
EU OKs More Talks on Aircraft Subsidies (Reuters)
Reuters - The European Union joined the United
States on Saturday in readiness to continue talks on cutting
state aid to aircraft-makers past an April 11 deadline, making
an immediate ...
Week Ahead: Eye on Earnings, Oil, Rates (Reuters)
Reuters - Earnings season gets in full swing
next week, when stock investors will comb through scores of
corporate report cards to check the U.S. economy's pulse.
Wal-Mart Sees April Same-Store Sales Up (Reuters)
Reuters - Wal-Mart Stores Inc. on
Saturday said it expects April sales at U.S. stores open at
least one year up 0 percent to 2 percent.
Verizon Buys 13.7 Percent Stake in MCI (Reuters)
Reuters - Verizon Communications Inc.
said on Saturday it agreed to buy the 13.7 percent stake in MCI
Inc. held by its largest shareholder, Mexican
telecommunications magnate Carlos Slim ...
Oil Extends Slump on Swelling Stockpiles
NEW YORK (Reuters) - Oil prices extended a five-day slide on Friday, bringing this week's declines to about 9 percent, as swelling U.S. crude stockpiles triggered speculative selling.
Time Warner, Comcast Buying Adelphia
PHILADELPHIA/NEW YORK (Reuters) - Media group Time Warner Inc. and its bidding partner, top U.S. cable TV operator Comcast Corp., have reached a deal to buy bankrupt cable operator ...
U.S. Warns EU Against New Aid for Airbus
WASHINGTON (Reuters) - The United States warned on Friday it will resume its case against the European Union at the World Trade Organization if EU member states approve a new round of ...
Stocks Sag as GM Hits Dow
NEW YORK (Reuters) - U.S. stocks slid on Friday, as a 3 percent drop in General Motors Corp.
UAL Asks for Time for Reorganization Plan
CHICAGO (Reuters) - UAL Corp. UALAQ.OB, parent of bankrupt United ...
Nigerian Oil Unions Call Off Strike
LAGOS (Reuters) - Nigeria's main oil unions have called off a planned three-day warning strike due to start on Monday pending a new round of talks with local oil company Tidex next ...
EU OKs More Talks on Aircraft Subsidies
BRUSSELS (Reuters) - The European Union joined the United States on Saturday in readiness to continue talks on cutting state aid to aircraft-makers past an April 11 deadline, making an ...
Week Ahead: Eye on Earnings, Oil, Rates
NEW YORK (Reuters) - Earnings season gets in full swing next week, when stock investors will comb through scores of corporate report cards to check the U.S. economy's pulse.
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