June 10th, 2008
Starting Thursday, June 12, television viewers will get a look into the inner workings of United Parcel Service Inc.’s Worldport air cargo hub at Louisville International Airport.
"Ultimate Factories: UPS," will premier at 9 p.m. on the National Geographic Channel (Insight Communications digital cable channel 450, DirecTV channel 276, DISH Network channel 186). […]
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May 27th, 2008
Currencies in Europe will benefit from record oil prices because of the region's energy efficiency, exports to oil-producing nations and vigilance against inflation, according to Barclays Capital.
The euro, the British pound, the Swiss franc, the Swedish krona and the Norwegian krone should perform “relatively well'' as oil prices rise, wrote David Woo, global […]
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April 27th, 2008
Japan has followed the U.S. into every recession in the past three decades. This time may be different.
The U.S. has had five recessions since 1970, when it accounted for 30 percent of Japan's exports. Now that figure is only 20 percent, reflecting the success of companies including Toyota Motor Corp. and Hitachi Construction […]
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April 15th, 2008
As news of the Delta Air Lines Inc.'s $17.7 billion merger with Northwest Airlines broke, Delta executives sent the following memo to Delta employees:
Internal Memorandum
Date: April 14, 2008
To: All U. S. - Based Delta Employees
From: Richard Anderson and Ed Bastian
Subject: DELTA AND NORTHWEST MERGE: […]
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April 10th, 2008
Cracker Barrel Old Country Store has recalled 5-ounce bags of chocolate-covered almonds and 5-ounce bags of chocolate double-dipped peanuts because the packaging is labeled incorrectly.
The product labeled as containing chocolate-covered almonds may contain chocolate double-dipped peanuts and the product labeled as containing chocolate double-dipped peanuts may contain chocolate covered almonds.
People […]
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April 2nd, 2008
The Arizona Business Conditions Index is edging back to growth territory.
The March reading moved up to 49.3 from 46.3. A reading above 50 represents a growing economy.
"Is this the turnaround in the economy that we've been hoping for? While this does not breach the critical 50-point mark that indicates growth […]
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March 12th, 2008
Memphis International Airport was named the No. 1 air cargo airport in the world for the 16th consecutive year by the Airports Council International.
According to preliminary rankings released by ACI, Memphis International Airport handled 3,840,574 tons of cargo during 2007, an increase of 4 percent over the 3,692,205 tons of cargo handled during […]
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February 11th, 2008
Ascent Solar Technologies Inc., a developer of thin-film photovoltaic modules to generate electricity from the sun, said Monday it is moving from Littleton to a new manufacturing space and headquarters in Thornton.
Ascent (NASDAQ: ASTI) is currently based on Shaffer Parkway in Littleton. The new location, with about 120,000 square feet of office and […]
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January 8th, 2008
Shares of Toronto-Dominion Bank slumped Monday on speculation that the lender had substantial undeclared exposure to the subprime mortgage mess, a notion the bank staunchly denies.
Toronto-Dominion Chief Executive Officer Ed Clark has spent the past few months reminding anybody who will listen that his bank has avoided the subprime debacle, but a rumor swept through […]
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December 27th, 2007
PATERSON, NJ-The Community Preservation Corp., a not-for-profit mortgage lender, has provided New Horizon Joint Venture with a $1.8-million loan to develop six low-income, two-family homes in the fourth ward here. The homes will be located on three vacant sites on Summer St., Hamilton St. and 12th Ave. The sites are close to Paterson’s downtown business […]
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