Business News Archive - July 15, 2008

Investors Who Do Not Know the Ins and Outs of Investing in Today's Oil Production Opportunities Can Attend Monthly Oil Income's Webinar to Have Their Questions Answered Monthly Oil Income Raymond Pettygrew, 877-876-452-6427 PR Director petty @ monthlyoilincome.com http://www.monthlyoilincome.com/ Investors who do not know the ins and outs of investing in today's oil production opportunities can attend Monthly Oil Income's webinar to have their questions answered.

By The Associated Press Schumer defends IndyMac comments NEW YORK (AP) -- Sen. Charles Schumer on Sunday defended himself against claims by regulators that he was partially to blame for a run on IndyMac Bancorp Inc. that led to the bank's takeover by the government Friday.

BUDWEISER brewer Anheuser-Busch today agreed a Pounds 27 billion takeover bid from Stella Artois maker InBev. The deal will create the world's biggest brewer, to be called Anheuser-Busch InBev, leapfrogging the current brewing number one, Peroni-maker SABMiller.

By The Associated Press WASHINGTON (AP) - The Federal Reserve and the Treasury announced steps Sunday to shore up mortgage giants Fannie Mae and Freddie Mac, whose shares have plunged as losses from their mortgage holdings threatened their financial survival.

Waste Management, the nation's largest garbage hauler, on Monday made an unsolicited offer to buy disposal company Republic Services Inc. for $6.19 billion in cash, aiming to squash a possible combination of two U.S. rivals.

By Terry McCoy Think it's expensive to fly now? Tickets cost about the same as they did eight years ago.

By Saurabh Sinha NEW DELHI: Spiralling costs and mounting losses have forced Jet Airways chairman Naresh Goyal to change his long cherished belief that a passenger is like a guest at home who can't be charged for the food served on board.

MUMBAI: A Doha-Bangkok flight was forced to make an emergency landing at Mumbai airport at 2.50 am on Saturday after a drunk passenger picked up a fight with the cabin crew.

By Dipak Kumar Dash NEW DELHI: If an ambitious plan for easier access to IGI gets the nod, the fastest links to the airport for private vehicles could run below the surface.

SYDNEY, Australia, July 14 /PRNewswire/ -- Sydney based Financial & Energy Exchange (FEX) is the latest exchange to choose Argus Media's price indices to settle traded and over-the-counter coal contracts(1).

Word of the Day
  • A young chicken: also used as a pet name for children.
The word 'chickabiddy' may come from 'chick' plus 'biddy', a name used in calling a hen or chicken.