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by Jaspreet Virk - November 7, 2009 - 0 comments

New York, November 7 -- In yet another case of bank failure, United Commercial Bank was closed Friday, bringing the total to 120 this year.

  Technology
  Markets
by Neka Sehgal - November 6, 2009 - 0 comments

Washington, November 6 -- Some heartening news for residents who want to avail the $8,000 tax credit from the federal government stimulus package but are running out of time in closing the deal by Nov. 30.

  Energy
by Jaspreet Virk - October 30, 2009 - 0 comments

New York, October 30 -- Battered by the worst economic downturn since the Great Depression, major oil companies have reported a decline in their quarterly profits.

  Healthcare
by Kangna Agarwal - November 6, 2009 - 1 comments

New York, November 6 -- Leading food maker, Kellogg Co. based in Battle Creek, Michigan, announced discontinuing its immunity claims on the boxes of Kellogg’s Rice Krispies and Cocoa Krispies cereal this Wednesday.

  Services
by Jaspreet Virk - November 7, 2009 - 0 comments

New York, November 7 -- In yet another case of bank failure, United Commercial Bank was closed Friday, bringing the total to 120 this year.

  People
by Ishita Sood - November 7, 2009 - 0 comments

New York, November 7 -- The nation's unemployment rate jumped to 10.2 percent, hitting double digits for the first time ever in 26 years.

  Mergers & Acquisitions
by Jamie Anderson - November 2, 2009 - 0 comments

Austin, TX, November 2 -- In a deal that would give birth to one of North America's largest oil production and exploration companies, Denbury Resources Inc (NYSE: DNR) agreed to buy Encore Acquisition Co (NYSE: EAC) for $4.5 billion.

  Legal
by Ishita Sood - November 5, 2009 - 0 comments

New York, November 5 -- Chip maker Intel faces accusations of illegally persuading computer makers--by paying them billions of dollars--to use its chips instead of Advanced Micro Devices’ (AMD).

   

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