Archive for the ‘Business & Finance’ Category

UPS Freighter-Crash Probe Under Way in UAE After Two Are Killed

Friday, September 3rd, 2010

United Arab Emirates officials are trying to determine why a United Parcel Service Inc. freighter crashed after takeoff from Dubai, killing both pilots, following the crew’s report of fire in the cockpit. Find more info about UPS Freighter-Crash Probe Under Way in UAE After Two Are Killed photos videos pictures. read ...

Petrobras Plans to Raise $75 Billion in Biggest Sale

Friday, September 3rd, 2010

Petroleo Brasileiro SA, Latin America’s largest company by market value, plans to raise as much as 129 billion reais ($75 billion) in the world’s largest share sale as it seeks cash to develop offshore oil fields. The shares rose 4.4 percent for the biggest gain since May. Find more info about ...

Too Early to ‘Declare Victory’ as Housing Revives, Donovan Says

Friday, September 3rd, 2010

The housing market is showing progress two years after the credit crunch drove down home prices, though it’s too soon to “declare victory,” Housing and Urban Development Secretary Shaun Donovan said. Find more info about Too Early to ‘Declare Victory’ as Housing Revives, Donovan Says photos videos pictures. read more

UPS Freighter Crashes on Takeoff in Dubai, Kills Two

Friday, September 3rd, 2010

A United Parcel Service Inc. cargo plane crashed after taking off from Dubai en route to Cologne, Germany, killing both pilots. Find more info about UPS Freighter Crashes on Takeoff in Dubai, Kills Two photos videos pictures. read more

Merkin Investors Awarded $12.7 Million in Madoff Case

Friday, September 3rd, 2010

Investors in J. Ezra Merkin’s Gabriel Capital LP, a feeder fund for Ponzi schemer Bernard Madoff, were awarded about $12.7 million by a panel of arbitrators. Find more info about Merkin Investors Awarded $12.7 Million in Madoff Case photos videos pictures. read more