NTSB: Signals on D.C. transit tracks should be examined; comes 3 months after fatal crashSeptember 22nd, 2009 NTSB issues safety recommendations to MetroWASHINGTON — Transit lines and railroads that use the same signal system that failed to detect a stopped train in the area of a deadly Washington crash should check them to make sure they are working correctly, a federal safety board urged Tuesday. The National Transportation Safety Board said it was not ready to say what caused the June 22 crash that killed nine and injured 70 when a train hit another one stopped on the tracks.
Petroleum Development names James Trimble to board of directors, increasing board membersSeptember 18th, 2009 Petroleum Development names James Trimble to boardDENVER — Oil and gas company Petroleum Development Corp. said Friday it appointed James Trimble to its board of directors, effective Sept.
Hearst Corp. buys another 20 percent stake in Fitch Group for $427 millionJuly 24th, 2009 Hearst buys added 20 pct stake in Fitch for $427MNEW YORK — Hearst Corp. is buying an additional 20 percent stake in Fitch Group for $427 million.
Anti-meat advocacy group sues in NJ to force food-makers to put warning labels on hot dogsJuly 22nd, 2009 Anti-meat group sues, says hot dogs need warningsNEWARK, N.J. — Hot dogs may be as American as baseball and apple pie, but an anti-meat advocacy group says they're hazardous to your health and should carry warning labels.
Enterprise to buy Teppco, forms largest publicly traded energy partnershipJune 29th, 2009 Enterprise, Teppco merge, form energy partnershipNEW YORK — Enterprise Products Partners says it will merge with Teppco to form the largest publicly traded energy partnership with an enterprise value of more than $26 billion. Enterprise, which transports natural gas and oil through its pipeline network, said Monday that Teppco unitholders will receive 1.24 Enterprise common units for each Teppco unit, a 14.5 percent premium to the initial offer made by Enterprise March 9.
EU, phone makers sign deal on new single charger for mobile phonesJune 29th, 2009 EU, phone makers agree on new single chargerBRUSSELS — EU officials say they have reached a deal with mobile phone makers to introduce a new single, more energy efficient charger that can be used for data-enabled handsets. EU Industry Commissioner Guenter Verheugen says selling a single, standard charger will cut costs to manufacturers and reduce the number of chargers thrown away when consumers buy new phones.
Morgan Stanley names Carlyle Group executive to be 13th member of its boardJune 22nd, 2009 Morgan Stanley names Carlyle executive to boardNEW YORK — Morgan Stanley said Monday it has named Carlyle Group executive James Hance Jr. to its board, effective July 1.
HLTH says it will merge into its subsidiary WebMD in an all-stock dealJune 18th, 2009 HLTH and WebMD to merge in all-stock dealNEW YORK — HLTH Corp. said Thursday it will complete its merger into health Web-site operator WebMD Health Corp.
US International Trade Commission rules Chinese tire makers unfairly flooding US marketJune 18th, 2009 US trade board rules against Chinese tire makersNEW YORK — A U.S. trade board says Chinese tire makers are unfairly dumping their products on the U.S.
Judge orders halt to demolition of historic Tiger Stadium in Detroit hours after it beginsJune 6th, 2009 Demolition ordered to stop at Tiger StadiumDETROIT — A judge has put a stop to the demolition of Tiger Stadium just hours after crews began tearing down what's left of the historic ballpark in Detroit. A spokesman for the Detroit Economic Growth Corp.
Markets shut for the day after hitting upper circuit againMay 18th, 2009 MUMBAI - Indian equities markets were shut for the rest of the day after hitting the upper circuit twice Monday, with a key index soaring another 309 points within seconds of resuming trade. Trading had been suspended within a minute of the opening bell, after key indices touched the upper circuit prompting stock exchanges to pull down the shutter for two hours.
Obama's choice for appeals court faces tough questioning from Democratic senatorApril 30th, 2009 Appeals court nominee faces tough questioningWASHINGTON — President Barack Obama's choice for a federal appeals court judge came in for rough questioning Wednesday by a Democratic senator over the judge's former affiliation with an advocacy group. At a Senate Judiciary Committee hearing on the nomination of Judge Andre Davis, a U.S.
Hollywood talent agency William Morris votes to merge with rival Endeavor amid recessionApril 28th, 2009 Hollywood agencies William Morris, Endeavor mergeLOS ANGELES — Two of Hollywood's biggest talent agencies are merging. The 111-year-old William Morris Agency said Monday it will merge with upstart Endeavor, a 14-year-old agency cofounded by Ari Emanuel.
Bongaigaon Refinery to merge with Indian OilMarch 25th, 2009 NEW DELHI - The government has approved a proposal for merging Bongaigaon Refinery and Petrochemicals into its parent company, the state-run Indian Oil Corp (IOC). In a regulatory statement Wednesday, IOC said Bongaigaon Refinery stands dissolved and the merger becomes effective March 25 following the filing of the amalgamation order with the Registrar of Companies (ROCs) in Shillong and Mumbai.
Anand Jain's Jai Corp shares hit lower circuit on tax raid reportsMarch 6th, 2009 MUMBAI - The shares of Jai Corp hit the lower circuit filter at the Bombay Stock Exchange (BSE) Thursday to close with a loss of 4.94 percent, on news that the income tax authorities were conducting raids on the premises of its non-executive chairman Anand Jain. The company's shares, which opened at Rs.79 at the BSE, eventually closed at Rs.74.15 - the lower circuit for the Jai Corp scrip on the BSE - data with the bourse showed.
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