October 31st, 2008
U.S. stock markets were headed for a lower opening bell Friday as investors awaited the latest data on consumer spending.
Futures tied to the Standard & Poor's 500 Index fell 19 points to 943 at 7:40 a.m. Dow Jones Industrial Average futures lost 153 points to 9073. Nasdaq 100 futures retreated 30 points to 1315.
The Commerce […]
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October 29th, 2008
Long lines at the polls prompted Gov. Charlie Crist to sign an executive order on Tuesday, extending voting times to 12 hours a day.
Effective immediately, early voting sites statewide will be open from 7 a.m. to 7 p.m. through Oct. 31. Sat., Nov. 1 and Sun., Nov. 2, polls will be open a total of […]
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October 27th, 2008
U.K. Chancellor of the Exchequer Alistair Darling will say this week that the economic crisis will be deeper and longer-lasting that the government first predicted, the Sunday Times reported.
The government hasn't lost control of the public finances, although the crisis has hurt its revenues, Darling will say in a speech at the annual […]
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October 25th, 2008
The University of Hawaii will cut its operating budget by up to $30.6 million over the next two years.
The Board of Regents this week approved a reduced operating budget of $1.4 billion for 2009-10 and 2010-11 in response to cuts in the state budget.
The UH 10-campus system typically spends about $1.6 billion annually.
UH officials said […]
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October 23rd, 2008
Solyndra Inc., a maker of photovoltaic systems designed to optimize solar electricity production on commercial rooftops, said Thursday it signed a new long-term sales contract with solar integrator GeckoLogic GmbH for about $250 million.
Fremont-based Solyndra said the contract with Wetzlar, Germany-based GeckoLogic extends through 2012 and is part of Solyndra’s previously-announced total contractual backlog of […]
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October 21st, 2008
It costs more to fill up in Buffalo than in New York City. And among those who want to know why are Rep. Brian Higgins and the AAA.
According to daily AAA fuel gauge data, the average cost of a gallon of gasoline in Buffalo is $3.38, compared to Rochester ($3.28), New York City ($3.23) and […]
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October 20th, 2008
U.K. house prices posted the biggest annual decline in at least six years in October as the British economy stared “into the abyss,'' Rightmove Plc said.
The average asking price for a home fell 4.9 percent from a year earlier, the most since records began in 2002, to 229,691 pounds ($398,000), Britain's most-used property […]
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October 14th, 2008
Despite tough times for the auto industry, Denver area auto dealer Lisa Schomp is set to open a new 86,000-square-foot BMW dealership next month, the first in the state to sell the new BMW Hydrogen 7 car.
The $20 million dealership — which will be called Schomp BMW — is located at C-470 and Lucent Boulevard […]
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October 12th, 2008
Shares of Morgan Stanley and Goldman Sachs, the last two big investment banks, plunged again Friday as fears about the fate of the banking sector remained front and center in the ongoing global financial crisis.
The two companies have been among the hardest hit stocks during this devastating market decline. But shares of several other […]
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October 10th, 2008
Trying to stimulate visitor demand, the Hawaii Tourism Authority on Thursday approved an additional $2 million to market the state.
That increases the HTA’s fiscal 2009 budget for marketing to $55.5 million. The $2 million will be reallocated from other, as yet unspecified, HTA funds.
HTA’s 2009 budget initially totaled $88 million but that was later adjusted […]
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