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Monthly Archive March, 2009

Baltic Bust Sows Entrepreneur ‘Panic’ in EU’s Worst Economies

March 28, 2009

Dalia Markeviciene created one of Lithuania’s largest kitchen designers after the country opened to capitalism in 1991. Now she is seeing the market’s down […]

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Dell unveils new servers, storage for tight budgets

March 26, 2009

Dell Inc is introducing new server and storage products aimed at cost-conscious companies, betting that its emphasis on value can help win market share […]

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Raytheon inks $27M radar-system deal

March 24, 2009

Raytheon Co. said Monday it has won a $27 million contract to provide radar systems for The Boeing Co.’s Ground Based Midcourse Defense program.
The six-month […]

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Charter, Apollo said to be in talks

March 23, 2009

Private-equity firm Apollo Management is in talks to take a substantial ownership stake in Charter Communications Inc. as part of the cable company’s bankruptcy […]

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$5 billion bailout for car part suppliers

March 20, 2009

The Treasury Department will pump up to $5 billion in financing into troubled auto parts suppliers to prevent an auto industry collapse that could […]

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AIG CEO asks employees to repay some bonus money

March 19, 2009

The head of AIG said on Wednesday he was trying desperately to prevent the company from collapsing when he allowed the payment of $165 […]

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Phila. gets Women’s Professional Soccer

March 18, 2009

Women’s Professional Soccer’s board of governors officially approved awarding its eighth franchise to the Philadelphia ownership group on Tuesday.
The Philadelphia Women’s Pro Soccer team, led […]

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iGate says Satyam bid below current market price: report

March 16, 2009

U.S.-based iGate Corp’s bid for fraud-hit Satyam Computer Services will be well short of the current market price, its chief executive told a television […]

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Peabody to shut eastern Illinois mine

March 15, 2009

Workers to be offered
jobs at other sites.
Peabody Energy Corp. says it is closing a coal mine in east-central Illinois mine because geologic […]

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Madoff jailed after admitting to fraud

March 13, 2009

Bernard Madoff pleaded guilty on Thursday to charges he orchestrated the biggest fraud in Wall Street history and was ordered to jail to await […]

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