The worst of the credit crisis may have passed, Treasury SecretaryHenry Paulson said Wednesday, while acknowledging that rising gasprices will blunt the effect of 130 million economic stimulus checks.
The Federal Reserve reported Wednesday that consumers increased theirborrowing at an annual rate of 7.2 percent, compared with a 3.1 percentrate of increase in February.
California will spend $270.9 million to help build 12 stem cell research facilities that could bring scientists closer to stem cell treatments, cures and tests for diseases ranging from diabetes to Alzheimer's.
JetBlue Airways Corp. is putting on hold plans to fly to Boston and New York out of Los Angeles International Airport, according to media reports. (JBLU)
ESPN and Coldplay have entered into an agreement to use music from the band's upcoming album as part of the network's promotion of its upcoming coverage of the Euro 2008 soccer tournament, according to The Associated Press. (DIS)
Tesoro Corp. posted a net loss for the first quarter of 2008 despite a $45 million pre-tax benefit from a legal settlement as the oil refiner's margins continue to be hammered. (TSO)
Strong growth in sales of medical devices, prescription drugs and its signature product Botox resulted in Allergan Inc. more than doubling its earnings in the first quarter. (AGN)
Subscriber growth and increased demand for high-definition and digital-video-recorder services help DirecTV Group Inc. post a 10 percent jump in first-quarter earnings. (DTV)
The deal to send the controlling stake of DirecTV to Liberty Media proved profitable for News Corp., as the sale helped the media conglomerate more than triple its third-quarter profits. (NWS)
The Men's Club of Charlotte is bringing a true Las Vegas-style venue to the Queen City and celebrates the Grand Opening today through Friday of its luxury nightclub Sky Lounge overlooking the main floor and grand stage. The Men's Club
Scala Customers Win Prestigious POPAI Digital Signage Awards. (PRWeb May 7, 2008) Read the full story at http://ww1.prweb.com/releases/2008/05/prweb918394.htm
After Success with the Rich and Famous Worldwide, Buddha-Bar Expands to the Luxury Hotel World, Selecting Panama as First Foray into the Americas. (PRWeb May 7, 2008) Read the full story at
A new safer automotive OEM and aftermarket invention seeks manufactures and/or angel investor/partners to bring the device to the waiting market. It's a unique opportunity to carve out market share. (PRWeb May 7, 2008) Read the full story at http://ww1.prweb.com/releases/2008/05/prweb917964.htm
Official launch of the SunPill®, a dietary supplement that helps the skin protect itself from the harmful rays of the sun. (PRWeb May 7, 2008) Read the full story at
The Extraordinary Servo Drive delivering Up to 5KW of continuous qualitative power. The Unique Servo Drive that exhibits high power density and intelligence in an ultra compact package, delivering up to 70Amps peak. (PRWeb May 7, 2008) Read the full
Company's third-generation website creates visitor-centric online experience. (PRWeb May 7, 2008) Read the full story at http://ww1.prweb.com/releases/2008/05/prweb924754.htm
Pekin Life Insurance Company Partners with LIDP Consulting, Inc. to Convert all Whole Life and Universal Life Contracts to The Administrator for a Fixed Price. (PRWeb May 7, 2008) Read the full story at http://www.prweb.com/releases/2008/05/prweb925994.htm
