Business Stories from September 12, 2011 (Change date)
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Ending aids price tag starts at $6 billion as donors pull backSep 13, 2011 12:50 pm - Michel Kazatchkine and Eric Goosby may be able to halt the spread of HIV. They just need the money. The two men control the funds that buy drugs for most of the world’s ...
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Manitex gets $3.1 million in new ordersSep 13, 2011 8:42 am - PRNewswire BRIDGEVIEW — Manitex International Inc. that its Liftking subsidiary was recently awarded orders valued at approximately $3.1 million for specialized material...
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U.S. Sells 3-year notes at record low yieldSep 12, 2011 12:56 pm - The Treasury sold $32 billion of three-year notes at a record low yield as concern Greece is moving closer to default bolstered the refuge appeal of government debt. Yie...
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French banks tumble on possible moody’s cut on Greek woesSep 13, 2011 11:22 pm - BNP Paribas SA, Societe Generale SA and Credit Agricole SA plunged in Paris on a possible ratings cut by Moody’s Investors Service, extending their more than 40 percent ...
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Student loan default rates jumpSep 13, 2011 9:58 pm - The number of borrowers defaulting on federal student loans has jumped sharply, the latest indication that rising college tuition costs, low graduation rates and poor jo...
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Public service cuts salem reactor output because of river debrisSep 12, 2011 12:56 pm - Public Service Enterprise Group Inc. said it slowed the Salem 1 reactor in New Jersey because water intake pipes were clogged by debris in the Delaware River churned up ...
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Porsche says august sales increased 43%Sep 13, 2011 12:50 pm - Porsche AG’s July deliveries increased 43 percent to 9,031 vehicles, the Stuttgart, Germany- based company said in an e-mailed statement today. To contact the editor res...
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Men selling panties may end as saudi lingerie shops hire womenSep 13, 2011 8:42 am - When Saudi student Sarah Abdul- Mohsen asked the salesman for a nude, 32C padded bra, she didn’t expect an argument about her cup size. After all, Abdul-Mohsen was weari...
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Bank of America will cut 30,000 jobsSep 13, 2011 9:58 pm - NEW YORK — Bank of America will cut about 30,000 jobs over the next few years in a bid to save $5 billion per year. The cost-cutting drive is part of a broader effort to...
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Late rally pushes stocks higher; 2nd gain in SeptemberSep 12, 2011 4:27 pm - NEW YORK — A late afternoon rally pushed the stock market higher for only the second day this month. Major indexes spent most of Monday lower as investors worried that G...