Business News Archive - July 03, 2009

NEW YORK, July 3 /PRNewswire/ -- SATELLITE FEEDS: Friday, July 3rd, 2009 Friday, July 3rd, 2009 3:00 AM - 3:15 AM ET 1:00 PM - 1:15 PM ET Galaxy 19 Galaxy 19 Transponder 15 Transponder 15 C-Band C-Band Downlink Freq: 4000 Vertical Downlink Freq: 4000 Vertical NEWS: First Consumers Take Advantage of New Government "Car Allowance Rebate System" At Hyundai FORMAT: B-roll and Soundbites STORY SUMMARY: After months of debate and rounds of legislation, the wait has ended.

LONDON, July 3 /PRNewswire/ -- Perenco Ecuador Limited ("Perenco Ecuador") today announced that it is prepared to take legal action against any company that purchases or transports crude oil the Ecuadorian Government has unlawfully seized.

CLEARWATER, Fla., July 3 /PRNewswire/ -- JetAmerica, the nation's newest low fare air carrier service that offers non-stop seats starting at $9 each way announces it is self-imposing a 31-day delay of the launch of its first flights, which were originally scheduled for July 13, 2009 but are now slated to take-off on August 14, 2009. "The delay is not as unusual as it sounds," according to JetAmerica's Vice President of Operations Brian Burling.

WAREGEM, Belgium and SHANGAI, July 3 /PRNewswire/ -- - A Joint Bidding Team, Initiated by Enfinity, Won the First 10 MWp Solar Concession Project The Dunhuang PV Project involves an investment of 200 million yuan (27 mio euro), with an annual power production of 16.37 million kWh, and a franchised operation term of 25 years.

An Indian finance ministry economic report says the economy can achieve a 7 percent or more growth rate this fiscal year with proper reforms. The recommendations in the economic survey report, which comes out prior to the presentation of the annual budget that is due Monday, called for major policy changes including foreign investment in multi-brand retail, extending factory work hours and allowing participation by foreign institutions in higher education, the Hindustan Times reported. In forecasting a 7 percent growth rate, the survey called for abolishing the fringe benefit tax, surcharges and other levies.

HOUSTON, July 3 /PRNewswire-FirstCall/ -- Goodrich Petroleum Corporation (NYSE: GDP) announced that the Company's President, Robert C.

PORTLAND, July 3 /PRNewswire-FirstCall/ -- Alaska Airlines today will inaugurate service between Portland, Ore., and Maui. The thrice-weekly flights will expand to daily service starting Aug. 7, 2009. Flights from Portland will depart Wednesday, Friday and Sunday at 9:50 a.m.

BOISE, Idaho, July 3 /PRNewswire/ -- Treasure Valley Solar (http://www.TreasureValleySolar.com) announced today that it has incorporated new solar products into their business after training select team members in the renewable energy field.

The Organization for Economic Cooperation and Development has agreed to allow Israel to become a member by 2010, a local media report said. A report in Ynetnews.com Thursday, said the agreement was secured in a meeting between Israeli Finance Minister Yuval Steinitz and OECD Secretary-General Angel


Billionaire investor Warren Buffett gave $1.51 billion to four charities this week, a filing at the US Securities and Exchange Commission shows.

Word of the Day
  • Stoppage; cessation (of labor).
  • A standing still or idling (of mills, factories, etc.).
The word chomage comes into English from French.]