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J.P. Morgan Pursues Other Firms` Castoffs J.P. Morgan Chase, moving to bulk up its relatively young commodities franchise at a time when rivals are scaling back, agreed to buy the Canadian energy operations and global agricultural business of UBS. Wall Street JournalWilliam Fargo`s Express Ride (Investor`s Business Daily) For William Fargo, it was all about being resourceful. yahoo.comDon`t get sold by sales Liquidation! Going out of business! Everything must go! Deals, deals, deals! The slipping economy -- already steamrolling to one of the worst declines in decades -- is putting the consumer in charge as retailers with operations in Utah and elsewhere falter even in the midst of the usually busy The Salt Lake TribuneWorld Bank imposes sanctions on Satyam The World Bank has barred Satyam Computer services from doing business with it for eight years, in one of the most severe penalties by a client against a large Indian outsourcing company FT.comIn Pictures: Government Jobs You Should Apply For Now Uncle Sam is one employer you can be sure won't go out of business. Here are some openings he has right now. ForbesSatyam demands apology from World Bank Days after the World Bank debarred Satyam Computer services from doing any business with it for eight years, the IT major has demanded an apology for its 'inappropriate' statements. The Times Of IndiaToyota to show battery-electric concept vehicle in Detroit There's no images and no details, just a tantalizing two line press release, but given that this news comes from the world's largest car maker and manufacturer of the first mass produced hybrid vehicle, we think it rates a mention. Here's the release in full - 'Toyota Motor Sales, U.S.A., Inc. will display a battery electric vehicle concept at the 2009 North American International Auto Show. This display marks the world debut of this concept vehicle'...Tags: Automotive, Battery Electric Vehicle, Hybrid, NAIAS 2009, Prius, ToyotaRelated Articles: Production ready Toyota iQ heads for Geneva Toyota Hi-CT Concept lifestyle vehicle Toyota mini SUV Urban Cruiser concept Toyota's welcoming Fine-X Fuel Cell Hybrid Toyota's radical Compact Sports & Specialty Concept Mazda to debut Ryuga Design Concept and New Tribute HEV at 2007 NAIAS GizmagIndia Inc must resort to layoffs in order to survive: PHDCCI India Inc must resort to layoffs in order to survive in the present circumstances, business body PHDCCI said on Wednesday adding the country's economy is unlikely to recover before 2010-11. The Times Of IndiaNafed wants Rs 2k-cr interest free loan to erase bad debt The National Agricultural Cooperative Marketing Federation, a 50-year-old body set up to provide marketing support to farmers, is now seeking government's support to come out of the financial mess. It has asked for interest free loan of Rs 2,000 crore to erase its bad debt incurred because of failed 'tie-up business' started few years ago. The Financial ExpressAIG`s $150B bailout is just a start Within insurance giant American International Group, but known to only a few people, is something irreverently called the 'kill list.' It was created by AIG's controller, David Herzog, on Tuesday, Sept. 16, the wild day when the company plunged toward bankruptcy only to be bailed out instead by the U.S. government. Very late that night, Herzog, then 48 and an AIG employee for nine years, sat in the company's New York City headquarters, brooding about the day's events. Robert Willumstad, CEO for only three months, had learned from the Federal Reserve that he was out, on the theory no doubt that the government can't extend an $85 billion credit line to a company and leave things in the hands of existing management. The AIG board had been told that the new CEO was to be Edward Liddy, who had decades before overseen a Sears Roebuck restructuring and then become head of a Sears spin-off, Allstate Insurance. More important to the crisis at hand, Liddy's career had made him a business friend CNN1 2 |
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