May 17th, 2012 by The New York Times Posted in Business | No Comments »
Media General said that it sold nearly all of its newspaper properties to Berkshire Hathaway for $142 million.
The first phase of the cost-cutting plan is intended to save the agency nearly $1.2 billion a year amid declining mail volume.
Human Genome Sciences has adopted a shareholder rights plan to fend off a $2.59 billion takeover offer from the British drug maker GlaxoSmithKline.
New capital requirements are being implemented as the authorities press firms to hold more cash in reserve to protect against future financial shocks.
Pump up the volume with either of two high-end wireless room speakers: Bose’s SoundLink Wireless Mobile Speaker or Jawbone’s Big Jambox.
A multibillion-dollar trading loss at JPMorgan may remind some of the disaster at the Long Term Capital Management hedge fund in 1998.
Since the company operates with implicit government backing, its recent trading losses demand an independent inquiry on five specific questions.
May 17th, 2012 by The New York Times Posted in News | No Comments »
Administrators, students and parents at Packer Collegiate Institute said they were punished over a technicality.
School officials said the high passage rate reflected tight budgets and staff cuts as most districts fought to stay under the new limit.
Pedro Espada Jr. was convicted of stealing from a health care network, but jurors failed to agree on four other counts.