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The Obama administration's latest attempt to tackle the banking crisis and get loans flowing to families and businesses will create a new government entity, the Public-Private Investment Program, to help purchase as much as $1 trillion in toxic assets on banks' books. ...more
March 23, 2009
The parent company of Outback Steakhouse and two other area companies landed on an unenviable list of companies most at-risk of defaulting on their debt. ...more
March 13, 2009
LOS ANGELES (AP) - The long-shot story of Jamal Malik in "Slumdog Millionaire" mirrors the uphill struggle to get the movie made. Given the recession and a slumping DVD market, an independent film like "Slumdog" might not survive today's Hollywood economics. ...more
February 22, 2009
Sales are down at Outback Steakhouse, Fleming's ...more
February 18, 2009
WASHINGTON (AP) - A seven-member group of investors has agreed to buy the remnants of failed lender IndyMac Bank, a symbol of the U.S. housing boom and bust, for $13.9 billion, federal regulators said Friday. ...more
January 4, 2009
The reorganization of Morgan Stanley and Goldman Sachs marks a historic end to a period when investment banks drove Wall Street and leaves open what - if anything - will assume the role of taking big risks that have powered the market's booms and busts. ...more
September 23, 2008
Lehman Brothers has approached other major financial institutions about a potential acquisition or investment in the battered securities company, people close to the situation said Thursday. ...more
September 12, 2008
When Outback Steakhouse's parent company went private in a $3.2 billion sale a year ago, the move was intended to help reignite the restaurant chain. ...more
August 15, 2008
NBC Universal and two partners said Sunday they have reached a deal to buy The Weather Channel from Landmark Communications, ending a drawn-out process that had attracted interest from several major media companies. ...more
July 7, 2008
TAMPA BAY AREA Envirofuels Asks For Delay The Tampa Port Authority staff has recommended approving a pair of three-month lease extensions sought by Port Sutton Envirofuels, which wants more time to study how it could use the site where it plans to build an ethanol plant. Envirofuels also wants its permitted use to include biofuel and ethanol-related uses, including production, tank storage, blending and distribution. The Tampa Port Authority is scheduled to consider the lease option at its monthly business meeting Tuesday at 1101 Channelside Drive. ...more
February 14, 2008
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