Arcive of financial news
The U.S. Federal Reserve is expected to put an exclamation point on its string of interest- rate cuts with a small reduction this week and may signal that its rate-cutting cycle is done for now.
Rising global inflation and the Fed’s hope that a blend of monetary and fiscal stimulus will shore up the anemic […]
Filed under: management by Wolf
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The Joint Budget Committee (JBC) on Monday presented to legislators a $18.4 billion state budget bill that recommends increases for health care and education funding.
Under the proposed budget, public schools would get an additional $150 million in the 2008-09 fiscal year. Colleges and universities would receive $64 million more.
The state’s […]
Filed under: management by Wolf
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The Supreme Court on Monday handed Microsoft Corp. a defeat by refusing to rule on the software giant’s request to halt an antitrust suit against it.
The suit was brought in 2004 by Waltham, Mass.-based Novell Inc (NOVL)., which said in court papers that Microsoft "deliberately targeted and destroyed" its WordPerfect and QuattroPro programs in […]
Filed under: management by Wolf
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Microsoft Corp. will cut the price of some versions of Windows Vista, the software maker said late Thursday.
The move came a day after court filings revealed internal dissent over which Windows XP computers would be considered capable of running the new operating system - and a feeling on at least one executive’s part that […]
Filed under: management, news by Wolf
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Blackton Inc. last week announced it received contracts totaling an estimated $3 million to provide roofing and flooring materials to three Central Florida home communities.
Orlando-based Blackton will provide roofing materials to Park Square Homes for the 200-lot single-family home community of Water’s Edge at Lake Nona and the 150-unit townhome community of Morningside […]
Filed under: management, money by Wolf
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Northern and Central California members of the United Food and Commercial Workers union have voted to merge their organizations, swelling the ranks of Local No. 8 to more than 30,000 workers statewide.
Balloting to ratify a merger between Roseville-based Local 8 and Fresno-based Local 45D was conducted by mail in January and early […]
Filed under: management, marketing by Wolf
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