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Business News Archive - July 10, 2008

Authorities said they canceled half of the flights going to and from Dublin International Airport Wednesday because of radar system malfunctions.

By Jeff St. John, The Fresno Bee, Calif. Jul. 9--ExpressJet will end its daily flights between Fresno and Ontario, San Diego and Long Beach in September, adding its name to the list of air carriers making cutbacks as they struggle with rising fuel costs and a weakening economy.

Our lensman spotted Shah Rukh Khan at Mumbai's international airport. The actor was returning from London, and limping heavily. We decided to find out what was amiss. And discovered that after hockey (Chak De! India) and cricket (IPL), Shah Rukh's latest new sports fixation is football.

By Saurabh Sinha NEW DELHI: Air India is bleeding. The national carrier is likely to seek an equity infusion of Rs 1,300 crore, along with a generous dose of loans or grants from government to stay afloat.

By Britt Combs, The McDowell News, Marion, N.C. Jul. 9--Rumors abound. Topless bars and nightclubs will open all over Marion, some have said. Local authorities have no say as to who gets licensed to sell alcohol, say others. The McDowell News has sought the facts behind the concerns.

By Udit Prasanna Mukherji KOLKATA: The public sector behemoth Coal India Ltd (CIL) will float a global tender this month to invite expression of interest (EOI) for abandoned underground coal mines.

Cash4Gold President, Howard Mofshin was featured in "Selling Gold Jewelry By Mail," a piece on the prestigious consumer reporting show, Money Talks with Stacy Johnson. There has been much attention paid to the precious metals industry of late, considering the soaring prices being paid for gold.

ANADYR. July 9 (Interfax) - Canada's Kinross Gold has commissioned a recovery plant costing more than $750 million at the Kupol gold-silver field in Russia's Chukotka region, the regional administration's press office told Interfax.

By Rick Rothacker and Christina Rexrode, The Charlotte Observer, N.C. Jul. 9--Wachovia Corp. on Wednesday named former U.S. Treasury Department official Robert Steel its new chief executive officer, effective immediately, ending a more than month-long search to replace Ken Thompson.

By Kevin Mayhood, The Columbus Dispatch, Ohio Jul. 9--There may be water inside the moon, according to new research. A study published today in the journal Nature shakes up long-held assumptions that the moon is dry.

Word of the Day
call-note
  • The call or cry of a bird or other animal to its mate or its young.
'Call-note' is newer than 'bird-call,' which originally referred to 'an instrument for imitating the note of birds' but now also refers to 'the song or cry of a bird.'
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