Highlights
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WorldCom names CEO
By The Associated PressFormer Compaq Computer Corp. and Hewlett-Packard Co. boss Michael D. Capellas was named Friday as chairman and chief executive of troubled WorldCom Inc., the telecommunications giant that that admitted a $9 billion accounting fraud and is mired in the...Tags: Fraud, Compaq Computer Corporation, Bankruptcy, Oracle Corp., Hewlett-Packard Co.
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TEXT: S&P Revises Oil States International Otlk To Positive From Stable
ReutersOverview -- U.S. oilfield services company Oil States International Inc.'s credit metrics have improved since the Mac group acquisition in late 2010 and we expect the company to continue to post strong operating performance in the next 12 to 18 months....Tags: Credit Ratings, Global Expansion, Marketing, Credit and Debt, Australia
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Banks give Argentina's Petersen Group time - source
Reuters* Argentina expropriated Repsol's controlling stake in YPF * Petersen Group owes banks, Repsol over 25.5 percent stake * Payment due by end of May, but banks to extend deadline BUENOS AIRES, May 7 (Reuters) - The banks that helped Argentina's...Tags: Companies and Corporations, Argentina, Business Enterprises, Energy, BNP Paribas
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UPDATE 1-Ex-exec at Schlumberger will head Argentina's YPF
ReutersBUENOS AIRES, May 4 (Reuters) - A former executive at Schlumberger Ltd, the world's largest oilfield services company, will run Argentina's newly expropriated energy company YPF, President Cristina Fernandez said on Friday. The executive, Miguel...Tags: Companies and Corporations, Argentina, Spain, European Union
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UPDATE 2-Argentina names ex-Schlumberger exec to lead YPF
Reuters* President Fernandez promulgates law to take control YPF * Despite criticism abroad, Congress easily passed bill * Fernandez vows professional, efficient management YPF BUENOS AIRES, May 4 (Reuters) - Argentine President Cristina Fernandez named a...Tags: Companies and Corporations, Argentina, Mexico, Labor Legislation, Spain
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NY Prosecutor: Musician, Oil Industry Heir Cheated Out Of At Least $6M In Elaborate Scam
A suburban New York prosecutor says the owners of a computer repair company fleeced a wealthy musician and oil industry heir out of at least $6 million.
Westchester County District Attorney Janet DiFiore said Monday that the grand larceny defendants...Tags: Music, Prosecution, Defendants, Gaming, Petroleum Industry
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BP Plans To Burn Some Oil Pumping Up To Surface
ABC26 NewsNow that crews are collecting more and more oil from the sea-bottom spill, the question is where to put it. How about burning it? Equipment collecting the oil and bringing it to the surface is believed to be nearing its daily processing capacity. A...Tags: BP Plc, NBC (tv network), Gulf of Mexico Oil Spill (2010), Television, The Associated Press
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Some oil spill events on Wednesday, June 16, 2010
ABC26 NewsA summary of events on Wednesday, June 16, Day 57 of the Gulf of Mexico oil spill that began with the April 20 explosion and fire on the drilling rig Deepwater Horizon, owned by Transocean Ltd. and leased by BP PLC, which is in charge of cleanup and...Tags: Journalism, BP Plc, Explosions, Gulf of Mexico Oil Spill (2010), Water Pollution
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Layoffs hit workers at Pfizer, Caterpillar, Home Depot
AP Economics Writer jobThe recession is killing jobs at an alarming pace, with tens of thousands of new layoffs announced Monday by some of the biggest names in American business — Pfizer, Caterpillar and Home Depot. More pink slips, pay freezes and other hits are...Tags: Employers, Caterpillar Inc., Challenger, Gray & Christmas Inc., John Hancock, Money and Monetary Policy
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Stocks jump amid relief over methods for testing banks; Ford, Amex surge on quarterly results
AP Business WriterNEW YORK (AP) — Investors set aside some of their worries about banks and the economy Friday after the government unveiled its methods for testing the health of banks. Initial uncertainty about the government's "stress tests" faded and left...Tags: E-Commerce Industry, Germany, Automotive Equipment, Stock Market, Metal and Mineral
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The week ahead
Chicago TribuneMonday: -- Earnings: Commerce Bancorp Inc.; Eaton Corp.; W.W. Grainger Inc.; Marshall & Ilsley Corp.; Mattel Inc.; Pharmaceutical Product Development Inc.; Sonic Corp.; Wachovia Corp. Tuesday: -- September producer price index -- September industrial...Tags: Coca-Cola Co., Allstate Corp., Eaton Corporation, Unions, State Street Corporation
Nov 15, 2002
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May 23, 2012
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May 7, 2012
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May 4, 2012
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May 4, 2012
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Jan 31, 2012
|Story| AP Broadcast
Nov 9, 2010
|Story| WPIX-LTV
Jun 9, 2010
|Story| WGNO-LTV
Jun 16, 2010
|Story| WGNO-LTV
Jan 26, 2009
|Story| Associated Press
Apr 24, 2009
|Story| Associated Press
Oct 15, 2006
|Story| Chicago Tribune
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