Business and Finance News
Caterpillar appoints procurement VP
Sign on San Diego
PEORIA, Ill. Caterpillar Inc. said Friday that its board of directors has named Frank Crespo as a vice president in charge of procurement. Crespo will have oversight of Caterpillar's glob...
Honeywell gets $90M rocket launch contract
Sign on San Diego
PHOENIX Honeywell International Inc. said Friday that it was awarded a $90 million contract for work on a rocket program. The contract is for avionics for guidance and navigation for the ...
Caterpillar picks NC for equipment plant, 500 jobs
Sign on San Diego
WINSTON-SALEM, N.C. Heavy-equipment manufacturer Caterpillar Inc. said Friday it will build a parts plant for large mining machines and it expects to employ about 510 full-time and contract wo...
Petters defense asks appeals court for retrial
Star Tribune
ST. PAUL, Minn. - Lawyers for Tom Petters are asking a federal appeals court to order a new trial for the Minnesota businessman, who was convicted last December of running a $3.7 billion Ponzi scheme....
Time to scrap BP brand? Gas-station owners divided
Seattle Post-Intelligencer
FILE - In this file photo made Oct. 25, 2007, the BP (British Petroleum) logo is seen at a gas station in Washington. BP gas station owners across the country are divided over whether the oil giant st...
Caterpillar appoints procurement VP
Miami Herald
PEORIA, Ill. -- Caterpillar Inc. said Friday that its board of directors has named Frank Crespo as a vice president in charge of procurement.Crespo will have oversight of Caterpillar's global purchas...
Stocks cheer a benign July; gold, dollar suffer
MarketWatch
SAN FRANCISCO (MarketWatch) -- A modicum of confidence returned to markets in July, as U.S. and European stocks erased much of the losses inked in prior months and investors took heart that slow growt...
A jobseeker on London Bridge
Guardian
The flyer contains Paul's phone numbers too. This afternoon I gave him a ring. He's a 47 year-old IT professional with 23 years' experience who was laid off 14 months ago. His list of skills - also on...
Making Sense Of The Muni Bond Market
Forbes
The municipal bond market has over the past few years gone through its most tumultuous period in decades. State and local governments are under enormous stress. Bond insurers have flirted with insolve...
Caterpillar to build $426M plant in W-S
Business Journal
Caterpillar Inc. will invest $426 million in a new plant in Winston-Salem that will make axle assemblies for large mining machines. At a press conference this afternoon in Winston-Salem, Gov. Beverly...
DBS second-quarter earnings hit by impairment charge
The China Post
SINGAPORE -- Singapore's DBS Group Holdings on Friday posted an unexpected second-quarter net loss of SG$300 million (US$217 million) following an impairment charge for its Hong Kong business.
Microsoft sets emergency Windows patch for Monday
Computerworld
Computerworld - Microsoft today said it will issue an emergency patch for the critical Windows shortcut bug on Monday, August 2. The company said it is satisfied with the quality of the "out-of-band"...
Tablets 'job one urgency': Microsoft
The China Post
WASHINGTON -- Microsoft chief executive Steve Ballmer said Thursday that developing Windows-based tablet computers and getting them to market is “job one urgency” for the U.S. software giant.
TriCo Bancshares' Q2 earnings fall
Business Journal
Granite’s operations are included in TriCo’s operating results from May 28, and Granite added revenue of $595,000 and after-tax earnings of $254,000 in the second quarter. TriCo is based ...
Caterpillar to build $426M plant in W-S
Business Journal
Caterpillar Inc. will invest $426 million in a new plant in Winston-Salem that will make axle assemblies for large mining machines. At a press conference this afternoon in Winston-Salem, Gov. Beverly...
TriCo Bancshares' Q2 earnings fall
Business Journal
Granite’s operations are included in TriCo’s operating results from May 28, and Granite added revenue of $595,000 and after-tax earnings of $254,000 in the second quarter. TriCo is based ...
MTNL brings new service
Times Of India
NEW DELHI: MTNL Delhi brings a new affordable service through which a customer can talk endlessly and as many number of times as he/she wants by paying Rs 60 per month. Customers can avail this ser...
Disney sells Miramax for $660m
Times Of India
LOS ANGELES / BANGALORE: Walt Disney has sold film studio Miramax for more than $660 million to Filmyard Holdings, ending months of talks between the media group and various bidders. Construction m...
Caterpillar appoints procurement VP
Seattle Post-Intelligencer
THE ASSOCIATED PRESS PEORIA, Ill. -- Caterpillar Inc. said Friday that its board of directors has named Frank Crespo as a vice president in charge of procurement. Crespo will have oversight of Cat...
Honeywell gets $90M rocket launch contract
Seattle Post-Intelligencer
THE ASSOCIATED PRESS PHOENIX -- Honeywell International Inc. said Friday that it was awarded a $90 million contract for work on a rocket program. The contract is for avionics for guidance and navi...
Caterpillar picks NC for equipment plant, 500 jobs
Seattle Post-Intelligencer
THE ASSOCIATED PRESS WINSTON-SALEM, N.C. -- Heavy-equipment manufacturer Caterpillar Inc. said Friday it will build a parts plant for large mining machines and it expects to employ about 510 full-t...
Slowing economy faces major hurdles
MSNBC
On Friday, the Commerce Department reported that Gross Domestic Product, the value of all goods and services produced in the U.S. rose by 2.4 percent in the second quarter . That’s down from a revi...
Spotify Denies Reported Setbacks to U.S. Launch
Wired News
A report surfaced Thursday evening that the Spotify music service, popular for years in Europe, is “back to square one” in its negotiations with record labels to launch in the United State...
Analysts encouraged by Microsoft's cloud progress
Market Watch
SEATTLE (MarketWatch) -- Wall Street analysts came away from Microsoft Corp.'s annual meeting encouraged by the company's progress in adapting to a market in which software applications are increasing...
Analysts encouraged by Microsoft's cloud progress
Market Watch
SEATTLE (MarketWatch) -- Wall Street analysts came away from Microsoft Corp.'s annual meeting encouraged by the company's progress in adapting to a market in which software applications are increasing...
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