Some local holiday sample sales
December 18th, 2011
Most interesting finance and busines news.
Lithuania’s central bank said it would dismantle a bank controlled by a Russian businessman after regulators discovered large sums of money missing.
Lithuanian prosecutors said Friday that Raimondas Baranauskas, minority owner of Snoras Bank, has been detained in London after they had issued a European arrest warrant on Wednesday.
Prosecutors could not say whether Russian citizen Vladimir […]
The stock market was not exactly surprised that the so-called supercommittee failed to reach a deal to cut the deficit. But since summer, investors have sold at the first hint of trouble.
So on Monday, they sold big.
The Dow Jones industrial average lost almost 250 points after the special committee of Congress assigned to come up […]
Except for his time in the military, James Coplin, 53, has lived his entire life in a modest brick house much like those of his neighbors in the 3600 block of Hickory Street.
Across the street is a stretch recently cleared of similar dwellings owned by St. Louis University. In their place is vacant ground, behind […]
U.S. Secretary of State Hillary Rodham Clinton played with a toddler and asked a little girl if she misses school during a quick visit Thursday to an evacuation center for Thai flood victims, a day after announcing a $10 million aid package.
Clinton exchanged the traditional Thai greeting known as “wai” _ bowing deeply while pressing […]
Filed under: business, technology by Guru
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Staples Inc. says its third-quarter profit climbed 13 percent, helped in part by better sales of office and break room supplies to businesses as well as promotional products.
But the nation’s biggest office supply company cut its full-year adjusted earnings forecast on Tuesday as its international performance weakened a bit.
Office suppliers have suffered during the recession […]
Filed under: technology, term by Guru
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Olympus Corp. said Tuesday that top executives used acquisitions to hide massive losses, reversing denials of any wrongdoing as one of the largest accounting frauds in Japanese history tarnishes the nation’s corporate image.
Tokyo-based Olympus, which makes cameras and medical equipment, has been battered by a scandal over a $687 million payment for financial advice and […]
As growth slows in their traditional markets, wine makers from around the world are eager to tap demand in China but industry players say the increased competition and a lack of wine drinking culture mean it won’t be easy money.
Thousands of people attending a major wine and spirits trade fair last week in Hong Kong […]
Japan’s government Friday approved spending $11.5 billion of public money to help the operator of the tsunami-hit nuclear power plant decontaminiate the site and dismantle the reactors.
Japan’s nuclear minister, Goshi Hosono, says the aid is meant as a preliminary installment to help cash-strapped Tokyo Electric Power Co. cover the massive cost of the work.
The 900 […]
Boeing is taking over one of NASA’s old space shuttle hangars to build a new capsule that the company hopes will lift astronauts to orbit in four or five years.
More than 100 Boeing, NASA and state and federal officials gathered in the massive empty hangar _ Orbiting Processing Facility No. 3 _ for the announcement […]