Arcive of financial news
Aviation Technology Group has filed for Chapter 7 bankruptcy after unsuccessfully trying to find a buyer for the very light jet company based at Front Range Airport in Jefferson County, according to court records.
The company ceased operations earlier this year and laid off 100 employees when it could no longer finance its lavish […]
Filed under: money by Wolf
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Representatives from about 100 countries will meet tomorrow in Stockholm to discuss Iraq's economic and political stability as provincial elections threaten to undermine security gains.
In talks with U.S. Secretary of State Condoleezza Rice and others, Iraqi Prime Minister Nuri al-Maliki will emphasize economic achievements, steps toward national reconciliation and improved security, his government […]
Filed under: management by Wolf
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Three lawyers from an Atlanta litigation firm Alembik, Fine & Callner P.A. have gone to Thompson Hine LLP’s product liability litigation group.
Z. Ileana Martinez and Seth Litman joined Thompson Hine’s Atlanta office as partners and Leslie J. Suson has joined as senior attorney.
Martinez’ practice focuses on product liability litigation, including […]
Filed under: money by Wolf
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Three lawyers from an Atlanta litigation firm Alembik, Fine & Callner P.A. have gone to Thompson Hine LLP’s product liability litigation group.
Z. Ileana Martinez and Seth Litman joined Thompson Hine’s Atlanta office as partners and Leslie J. Suson has joined as senior attorney.
Martinez’ practice focuses on product liability litigation, including […]
Filed under: money by Wolf
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McDonald’s says its french fries are now trans-fat-free in all its restaurants in the United States and Canada. The big fast-food chain is catching up with its rivals in that area.
The company made the word official Thursday at its annual shareholders meeting at McDonald’s Corp. (MCD, Fortune 500) headquarters in Oak Brook, Ill.
McDonald’s has […]
Filed under: business by Wolf
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Federal Reserve Bank of New York President Timothy Geithner said no country can cope with world financial crises alone and regulators will have to find ways to work together on an ongoing basis.
“Markets are so integrated that solutions can't be implemented by individual countries,'' Geithner said at a news conference in Jerusalem today. […]
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Companies like to offer money-back rebates to encourage customer loyalty.
But rebate offers can be complex and unreliable, a nightmare for busy people.
Here’s a story about how Tom Lewinson missed out on $570.87 in rebates with his Costco Amex Platinum credit card. His wife Sharon missed on out $113.20 in rebates.
This no-fee credit card gives you […]
Filed under: news by Wolf
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UBS AG said Thursday that it would raise $15.5 billion in a rights issue at a 31% discount below the current share price.
UBS (UBS), hard hit by its exposure to the U.S. mortgage market, said it will sell new shares at $20.09 each to existing shareholders, compared with the closing price of $29.31 on […]
Filed under: legal by Wolf
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Home Depot posted a 66% drop in quarterly profit Tuesday, as it paid to close stores and cut back on expansion plans amid the housing slump, although the results topped analysts’ forecasts.
The world’s largest home improvement retailer said its net income fell to $356 million, or 21 cents per share, from $1.05 billion, or […]
Filed under: management by Wolf
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Maguire Properties Inc. directors voted to oust company founder Robert F. Maguire III as the real estate investment trust’s chief executive and chairman, officials announced Monday.
Board members voted to name former Maguire executive Nelson Rising as its new chief executive and to install board member Walter Weisman as company chairman, company officials said in […]
Filed under: legal by Wolf
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