August 17th, 2010
The Arizona Cardinals will have a green season as the University of Phoenix and Salt River Project will be using renewable power for the team’s home games.
SRP will provide the energy — roughly 1.14 million kilowatt-hours of power — for eight regular-season and two preseason games. It’s the amount of power equal to about what […]
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Filed under: online by Forest
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July 12th, 2010
Shares of State Street soared to end almost 10% higher Wednesday after the custody bank said its quarterly earnings would easily beat forecasts.
Before the market opened Wednesday, State Street (STT, Fortune 500) said it expected second-quarter earnings to be 93 cents a share on $2.2 billion in revenue.
That estimate easily topped analysts’ average […]
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July 7th, 2010
United Way of Greater Greensboro said Tuesday that its board of directors has approved a plan to invest $7.3 million with 66 United Way member agency programs and initiatives.
Funding is tied to demonstrated outcomes to address community needs in three areas: education, income/self-sufficiency and health.
“The program results of our partner agencies have been especially effective […]
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July 4th, 2010
Pennsylvania's nine casinos brought in $1.19 billion in tax revenue for the just-ended 2009-10 fiscal year, the Pennsylvania Gaming Control Board said Friday.
For the month of June, slots revenue was up 8.2 percent from a year ago, to $98.2 million.
Since the opening of Pennsylvania's first slot machine casino in November 2006, the gaming board says […]
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June 10th, 2010
More Raleigh-Cary employers plan to hire during the third quarter, giving hope to those seeking jobs.
According to Manpower’s quarterly employment outlook survey, 19 percent of employers in the Raleigh-Cary area plan to hire in sometime during July, August and September while just 5 percent plan to cut their staffs.
The result is a net employment outlook […]
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June 5th, 2010
BP’s debt rating, a key indication of the corporate world’s outlook for the company, was downgraded Thursday by two of the three major credit ratings agencies for the failure to plug a massive oil leak in the Gulf of Mexico.
Fitch Ratings downgraded two key BP debt ratings to "AA" from "AA-plus" and placed the […]
Filed under: business by Forest
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May 28th, 2010
As part of national Small Business Week, President Barack Obama is urging Congress to pass a package of legislation aimed at helping small business.
Under the proposal, introduced in February, the $30 billion package would include tax relief for investing in small businesses, expansion of loan programs through the Small Business Administration as well as funds […]
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May 12th, 2010
Despite growing unease in the financial markets, the American economy is gathering steam, adding an unexpectedly large number of jobs last month.
The Labor Department’s monthly snapshot of the job market, released on Friday, showed that employers added 290,000 jobs in April, the largest gain in four years, and that they did so […]
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May 7th, 2010
Car shoppers took a wait-and-see approach in April, easing up on purchases as the lure of big incentives faded, with the hope that summer will bring a new flurry of deals.
The industry stayed on the road to recovery in April after last year’s dismal numbers, with most major automakers seeing double-digit sales […]
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April 17th, 2010
A volcanic eruption in Iceland threw trans-Atlantic flight into disarray Thursday, forcing some carriers leaving San Francisco’s airport to cancel trips to London and Paris.
An ash cloud from the volcano prompted the closure of all British airports until at least 7 a.m. local time Friday. Airports in France have been shut down as well.
As a […]
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