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Allon Reports 2008 Audited Operating Results and Updates 2009 Plans
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2009) - Allon Therapeutics Inc. (TSX:NPC) today announced its audited operating results for 2008 and updated clinical development plans for 2009.Gordon McCauley, Allon's President and CEO, said the Company made 'dramatic progress' in 2008 in its mission to develop a disease-modifying therapy for Alzheimer's disease.'Our most significant achievement resulted in acknowledgment from Alzheimer's disease physicians and researchers that our drugs are leading candidates to be the first treatments to slow the disease course of Alzheimer's,' said McCauley.
Marketwire

Merck, Schering-Plough Plan $41.1B Merger
Drugmakers Merck & Co. and Schering-Plough Corp., already partners in a joint venture, are planning to merge under the name Merck in a stock-and-cash deal worth about $41.1 billion.
CBS News

Shotgun Acquires Hydroponics Vertical Farming Company Organa Gardens Inc.
MONTREAL--(Marketwire - March 9, 2009) - Shotgun Energy Corporation (OTCBB: SGNE) reportsthat the Company has signed an agreement to acquire all of the assets ofOrgana Gardens Inc., a Nevada Corporation in the business of hydroponicsvertical farming. These assets include, but are not limited to allproprietary designs, engineering, technology, business models, plans andintellectual properties pertaining to the Organa Garden System-Discovery(OGS-D) and the Organa Garden System-Enterprise (OGS-E).
Marketwire

America`s Worst Intersections
The Cross Bronx Expressway, that fume-choked expanse of concrete and steel that slices through New York City's mainland borough, occupies a uniquely tragic place in the history of urban planning. It displaced more than 60,000 middle-class residents during its construction between 1948 and 1963, and it cost $250 million--more than ...
Insurance Headlines

Business News
Steve Inskeep has business news.
NPR

Job cuts will continue - D&B
THE worst of the crisis is yet to hit as most businesses predict further profits falls, and a growing need to cut staff, a survey says.
News.com

NAMIC Slams Minnesota Legislation as ‘Harmful to the Idea of Mutuality’
A proposal to require insurance companies to pay fees and interest to Minnesota claimants who sue is unreasonable, encourages frivolous litigation, and undermines the concept of mutuality, according to the National Association of Mutual Insurance Companies (NAMIC). NAMIC member companies underwrite 55 percent of Minnesota’s automobile insurance business.The legislation essentially ...
Insurance Headlines

Wisconsin car insurance industry opposes Doyle plan
A provision buried in Gov. Jim Doyle's budget plan would cause car insurance rates to skyrocket and force people to drop their coverage, the insurance industry said Thursday. The Wisconsin Insurance Alliance objects to Doyle's proposal to require a higher level of minimum coverage. Trial attorneys support it. ...
Insurance Headlines

Forex losses push down Bayan 2008 results - Business Mirror
Forex losses push down Bayan 2008 resultsBusiness Mirror, PhilippinesBAYAN Telecommunications Inc. (Bayan) ended 2008 with a net loss mainly due to foreign exchange (forex) losses, its chief executive consultant Tunde Fafunwa said. The forex losses were brought about by the companys debt repayment program, ...
Info 5000

Managing a small business in a recession
Economic downturns can provide opportunities as well as hardships for small business owners.
Bankrate

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