business - "announced"

The Treasury Department is expected to announce as early as this weekend a plan to bail out and recapitalize collapsing home mortgage giants Fannie Mae and Freddie Mac in one of the biggest government rescues in U.S. history.

SAN FRANCISCO (MarketWatch) -- Gary Pruitt, chairman and chief executive of The McClatchy Co. , has resigned from a group of trusts that controls much of the voting power in the company, the company announced, in what it described as an effort toward better corporate governance. Pruitt had been a co-trustee of four separate trusts controlling 12.5 million shares of Class B shares -- the stock through which the McClatchy family essentially controls the Sacramento-based owner of The Bee newspaper. Pruitt isn't a family member. Those shares constitute the bulk of the family's holdings in the company. Although the family owns about a third of the company's total shares, the Class B holdings give it 80 percent of the voting control, according to a company statement. Pruitt's resignation was disclosed in a filing Friday with the Securities and Exchange Commission. He was replaced by Leroy Barnes Jr., a non-family member who has been a McClatchy director since 2000. The other three co-trustee

Tata Group's troubled project to build the world's smallest car in West Bengal was pulled back from the brink as a rescue deal was thrashed out this weekend. Tata announced last Tuesday that, fol...

The Treasury Department is expected to announce as early as this weekend a plan to bail out and recapitalize collapsing home mortgage giants Fannie Mae and Freddie Mac in one of the biggest government rescues in U.S. history.

Jasper Corporate Finance Limited (Jasper), a leading London and Dubai based corporate finance company with offices in Abu Dhabi, Istanbul and New Delhi, announced the completion of its mandate to raise Dhs200m of financing for the Stargate project on behalf of Osus Facilities Management LLC (Osus).

It took two months, but the bond market called Henry Paulson's bluff: The Treasury Secretary was widely expected this weekend to announce a plan to take Fannie Mae and Freddie Mac under government control.

LG Electronics (LG), a major player in the global flat panel display market, recently announced business strategies and goals for its display business at IFA International 2008 in Berlin, Germany.

AXIS Capital Holdings Limited announced that AXIS Specialty Limited, its Bermuda operating subsidiary, has received regulatory approval from the Monetary Authority of Singapore to operate as a branch insurer ...

Jasper Corporate Finance Limited has announced the completion of its mandate to raise Dhs200m of financing for the Stargate project on behalf of Osus Facilities Management. The proceeds of the transaction will be used by Osus in funding the development of an 'edutainment' centre and themed mall in Za'abeel Park, Dubai.

WASHINGTON, Sept. 6 /PRNewswire-USNewswire/ -- The CongressionalHispanic Caucus Institute (CHCI) today announced that presidentialcandidates Sen. John McCain of Arizona and Sen. Barack Obama of Illinoiswill address a crowd of more than 2,300, including as many as 40 Membersof Congress in attendance, at the CHCI 31st Annual Awards Gala onSeptember 10, 2008 at the Washington D.C....