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The United Way of Central New Mexico’s Women in Philanthropy group has awarded $82,000 to five nonprofits to enhance women’s self-sufficiency.
Southwest Creations Collaborative will receive $30,000. The nonprofit employs low-income, mostly Spanish-speaking women who do sewing, piece-work and light manufacturing and who can access classes on-site to learn English and computer skills, complete their GED […]

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One of Central Ohio’s largest technology companies will have a new owner.
IBM Corp. has agreed to acquire Columbus-based Sterling Commerce Inc. in a $1.4 billion deal, the technology giant disclosed Monday.
Columbus Business First reported earlier this month that Armonk, N.Y.-based IBM was a likely suitor to buy Sterling from Dallas-based AT&T Inc. Sterling Commerce is […]

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Satellite fleet operator Intelsat Corp. sucessfully beat back a protest from three Northern Virginia companies alleging anti-competitive behavior by an Intelsat subsidiary on a five-year, $543 million U.S. Navy satellite services contract.
Intelsat, whose global headquarters is in Luxembourg with a main office in the District, said the Commercial Broadband Satellite Program (CBSP) contract with the […]

Under fire to do more to stop the foreclosure crisis, the Obama administration will announce Friday new steps to help the unemployed and those who are "underwater" with a bigger mortgage than their home is worth.
For some unemployed borrowers, the effort would require servicers to reduce or suspend monthly mortgage payments for up […]

Internet fraud cases surged by 22% in 2009, and financial losses doubled compared to the year before as scammers took advantage of Americans rendered desperate by the recession.
The Federal Bureau of Investigation’s Internet Crime Complaint Center said it received 336,655 complaints in 2009 with losses totaling $559.7 million. This is a substantial increase from […]

White House adviser Paul Volcker said it’s too soon for U.S. policy makers to withdraw the stimulus measures and interest-rate cuts used to fight the worst slump since the Great Depression.
“This is not the time to take aggressive tightening action, either fiscally or monetary-wise,” said Volcker in an interview in Berlin yesterday, pointing […]

Forty-two students from the Thunderbird School of Global Management were in Chile Saturday during the 8.8 magnitude earthquake that rocked the South American country.
The Glendale graduate business school said the students as well as a professor and staff member survived the quake without injury.
The students, in the capital city of Santiago for a one-week class, […]

U.K. retail sales rose less than economics forecast in December as price increases squeezed spending during the holiday season, casting doubt on the strength of a domestic recovery.
The volume of sales rose 0.3 percent from November after dropping by the same margin the previous month, the Office for National Statistics said today in […]

Japan may ban manufacturers from hiring temporary workers, Health and Labor Minister Akira Nagatsuma said, as Prime Minister Yukio Hatoyama seeks to fulfill a campaign pledge to shift more employment to full time.
The government is preparing legislation “that will stop manufacturing firms from employing temps and encourage them to hire full-timers,” Nagatsuma said […]

Bayer CropScience LP must pay about $2 million for losses sustained by two Missouri farmers when an experimental variety of rice the company was testing cross-bred with their crops, a federal jury ruled.
Friday’s verdict in St. Louis came in the first trial in what is intended to be a series of test […]