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The board of 3Par Inc. has accepted Hewlett-Packard Co.'s 30-a-share takeover over and notified Dell Inc. that it will rescind its previous sale agreement.
The Fremont data storage company (NYSE:PAR) must wait three days to formally accept HP's (NYSE:HPQ) offer, which is valued at $2 billion. During that time Dell (NASDAQ:HPQ) has the option of matching […]

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Juwi Group, a German developer of renewable-energy projects, is moving the headquarters of its U.S. wind business from Ohio to Boulder, Colorado Gov. Bill Ritter announced Monday.
The company’s U.S. solar division, Juwi Solar Inc., already is headquartered in Boulder and employs some 30 people there. The new Boulder headquarters of Juwi Wind U.S. Corp., which […]

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Yahoo Inc. investors get another update on CEO Carol Bartz' turnaround efforts at the Internet giant on Tuesday when second quarter earnings are posted.
Analysts expect earnings will come in around 14 cents per share on revenue of $1.16 billion after subtracting Yahoo's advertising commissions.
That would be the Sunnyvale company's (NASDAQ:YHOO) best quarter since Bartz took […]

A public-private state partnership has been awarded $30 million in federal stimulus funding for a project to extend broadband access in Ohio.
The Ohio Middle Mile Consortium, a group of broadband providers around the state, sought the grant on behalf of the state. Gov. Ted Strickland said the funding will support the construction of 700 miles […]

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 […]

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 […]

1942 — Founded by Victor Hermelin and Bob Keith, both of St. Louis.
1947 — KV and its co-founders charged with shipping vitamin capsules that had less than the required amount of vitamins.
1950 — KV charged in a criminal complaint with shipping 51,000 vitamins whose ingredients were deficient.
1975 — Victor’s son, Marc […]

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 […]

South African policy makers are looking at whether they should maintain stimulus measures as the economy hasn’t been as affected by the global recession as other countries, central bank Deputy Governor Xolile Guma said.
“Certainly in South Africa, we’ve been taking a look at it, because we were not affected as seriously as other […]