Latest the Times Stories
U.S. investors were willing to ignore harsh economic realities this week, but found Chrysler's bankruptcy filing a tough pill to swallow. U.S.
U.S. investors may need a week or two to sort out the many moving pieces that were crowded into Friday's headlines. In Washington, the Treasury Department may disclose results of the stress tests it is conducting for the nation's 19 largest banks, The New York Times reported.
The DC-Based Sign Company Takes Home Second Place on Annual Signs of the Times Sign Contest WASHINGTON, April 7 /PRNewswire-USNewswire/ -- Gelberg Signs, one of the mid-Atlantic region's premier sign companies, today announced its award in the 2009 International Signs of the Times Contest for the fabrication and installation of an electric sign for the Children's National Medical Center. The DC-based sign company, with a history dating back to 1941, began working with the Children's...
U.S. technical giant IBM is close to an agreement to acquire rival Sun Microsystems for close to $7 billion, sources said. The estimated figure, $9.50 a share, is about a 100-percent premium on Sun's market value, The New York Times reported Friday.
Britain's Serious Fraud Office said Thursday it had raided three offices concerning an $81.4 million fraud that victimized the Allied Irish Banks. The amount of losses may escalate, as AIB was not the only victim, The Times of London reported. The fraud involved loans taken out between 2003 and 2007 that included fraudulent guarantees, The Times said.
Owners of London's modern office and shopping complex Canary Wharf said it was nearing bankruptcy, putting the development at risk for the second time. Songbird Estates, which bought most of the complex in 2004, said there was material risk its financing could collapse, The Times of London reported Thursday. The three-skyscraper complex includes Bank of America and Japanese bank Nomura as two of its tenants.
New York state's $16 billion budget shortfall may force 9,000 layoffs in the wake of failed negotiations with union workers, the governor said. New York Gov.
Thousands of amateur videos have either been pulled or silenced on YouTube because of a copyright dispute with the Warner Music Group, The New York Times said.
The Swedish government's refusal to help automaker Saab could devastate the town of Trollhaven, where the company is the largest employer, residents said. I don't think the government knows the situation in this town, how many people depend on Saab, said Therese Doeij, clerk in a Trollhattan photo shop, told The New York Times.
- Having a loud voice; vociferous; clamorous.
- Of grand or imposing sound.