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Costa Concordia to be salvaged in 1 piece

April 22, 2012

Salvage work to remove the capsized Costa Concordia cruise ship from its rocky perch off Tuscany, where 32 people died, will begin early next month and is expected to take a year, the Italian owner announced Saturday.
The U.S.-owned company Titan Salvage won the bid to remove the ship, which struck a reef off the tourist-dependent […]

finance, mortgage - Comments closed

UN aims to triple Syria observer team next week

April 20, 2012

A spokesman for international Syria envoy Kofi Annan says the United Nations hopes to have 30 cease-fire monitors in the country next week.
Ahmad Fawzi says seven observers are already on the ground and another two will arrive on Monday.
Fawzi told reporters in Geneva on Friday that the preliminary agreement signed with the Syrian government this […]

economics, stocks - Comments closed

Apple, publishers sued by U.S. over allegations of e-book price fixing

April 12, 2012

The U.S. Department of Justice has filed suit against technology giant Apple and several publishing firms, claiming they colluded to fix the price of e-books.
The suit, filed in federal court in New York, says Apple colluded with publishers including HarperCollins, Simon & Schuster and MacMillan to fix the price of e-books. The government said it […]

lenders, marketing - Comments closed

US wholesale stockpiles rose 0.9 pct. in February

April 10, 2012

U.S. wholesale businesses stepped up restocking in February, while more expensive gasoline drove sales higher.
The Commerce Department said Tuesday that stockpiles at the wholesale level rose a seasonally adjusted 0.9 percent in February to $478.9 billion. The government also revised January wholesale inventory growth to show a 0.6 percent increase, up from the initial reading […]

stocks, technology - Comments closed

Prices Probably Rose at a Slower Pace: U.S. Economy Preview - Bloomberg

April 9, 2012

The cost of living in the U.S. probably rose at a slower pace in March as increases in energy expenses subsided, economists said before a report this week.
Consumer prices advanced 0.3 percent after climbing 0.4 percent in February, according to the median of 58 estimates in a Bloomberg News survey ahead of the Labor […]

lenders, term - Comments closed

Pinnacle Airlines files for bankruptcy protection

April 2, 2012

Pinnacle Airlines Corp., a regional carrier that flies under contract for Delta, United, Continental and US Airways, has filed for bankruptcy protection to deal with its mounting debt.
The Memphis, Tenn.-based airline said late Sunday its current business model isn’t sustainable. In its filing Sunday, it lists $1.42 billion in debt and $1.54 billion in assets. […]

Uncategorized, loans - Comments closed

Indonesia Protests Roil as Yudhoyono Seeks Fuel-Price Boost - Bloomberg

March 30, 2012

Indonesian President Susilo Bambang Yudhoyono faces one of the biggest public protests of his seven- year leadership as a government plan to raise fuel prices stirs public anger, threatening efforts to contain the budget gap and strengthen Southeast Asia

legal, term - Comments closed

Iraq oil exports, revenues decline in February

March 25, 2012

Iraq’s oil ministry says oil exports in January have declined by nearly 4.5 percent compared to the previous month.
Sunday’s statement says last month’s oil exports averaged 2.0137 million barrels per day, down from an average of 2.107 million barrels per day in January.
The sales grossed $6.595 billion based on an average price of $112.928 per […]

money, technology - Comments closed

Farmers markets to sprout at 4 transit stops in St. Louis area

March 20, 2012

Under a new deal between Metro transit and a mobile farmers market, riders can now shop for locally grown fruit, veggies, eggs and cheese at bus and train stops.
The roving farmers market will set up today at the Delmar Loop MetroLink station. Later in the week, it will move to Metro’s transit center at Riverview […]

legal, online - Comments closed

John McAlister named to head Center for Emerging Technologies development program

March 17, 2012

The Center for Emerging Technologies named John McAlister to lead its Bio Entrepreneur Development Program.
The program is designed for first-time bioscience entrepreneurs in the St. Louis area, and it provides participants with 10 weeks of training and individualized mentoring and professional business services.
McAlister is a former president and CEO of Tripos Inc. He has worked […]

economics, news - Comments closed