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Archive April/2008


Verizon Profit Rises on Subscriber Growth

NEW YORK (Reuters) - Verizon Communications Inc <VZ.N> reported a higher quarterly profit on Monday on stronger-than-expected growth in wireless subscribers, showing resilience in the face of a U.S. economic

Tracinda to Tender Offer For Ford Shares

NEW YORK (Reuters) - Tracinda Corp said on Monday it intends to make a cash tender offer for up to 20 million shares of common stock of Ford Motor Co

IBM raises quarterly dividend

IBM Corp. raised its quarterly cash dividend by 25 percent yesterday at an upbeat annual meeting that followed "a superb year for IBM" in the words of Big Blue's top

Consumer confidence drops in April on inflation, job worries

NEW YORK - From soaring gas prices to weaker job prospects, Americans are gloomier about the economy than just before the U.S. invasion of Iraq. They're so anxious that fewer

Gasoline spills past $4 in Westchester

The $4 mark has been shattered. Five stations in Westchester County are charging more than $4 for a gallon of regular unleaded gasoline, the county's Department of Consumer Protection found

MasterCard stock soars on big earnings

Earnings nearly doubled at MasterCard Inc. of Purchase during the first quarter as the company benefited from surging transaction volumes and a strong international business.

Business in the Burbs: Putnam businesses to display products, services

Local businesses in Putnam County will be showcasing their products and services next week at the Fourth Annual Shop Putnam Business and Home Expo.

Sudden energy crunch forces Juneau to conserve electricity

JUNEAU, Alaska - First, there was a run on energy-efficient light bulbs. When those ran out, people began asking for lamp oil. But when they started demanding clothespins in this

Americans unload prized belongings to make ends meet

NEW YORK - The for-sale listings on the online hub Craigslist come with plaintive notices, like the one from the teenager in Georgia who said her mother lost her job

Broadwater challenging states’ refusal to allow natural-gas terminal in L.I. Sound

An energy company, rejected by two states in its bid to build the world's first floating liquefied natural gas terminal in Long Island Sound, said yesterday it intends to appeal