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Mayor John Peyton announced Monday that the half-cent sales tax implemented as a result of the passage of the Better Jacksonville Plan in 2000 isn’t producing the expected revenues.
A U.S. bankruptcy judge said Monday that auto supplier Delphi can continue to access the proceeds of US$4.35 billion in loans after the Dec. 31 expiration date.
Stocks headed for a rebound at Tuesday's opening as investors went in search for beaten-down shares after Monday's losses, while renewed hopes for the auto industry tempered worry about the recession.
* Bargain-hunting set to lift market after slide
The Commonwealth Utilities Corp.'s Power Plant 1 should be producing 41 megawatts of power-the island's daily demand-by Dec. 31, 2009, if it gets the $3.89 million needed to repair the engines, according to an expenditure plan given to Gov. Benigno Fitial by CUC executive director Antonio Muña.
BENTONVILLE — Like most business owners, Kelly Williams, who opened the Sears store here four years ago, has been feeling the effects of the slumping economy. But this Thanksgiving holiday weekend, he was giving plenty of thanks for washing machines and dryers. (Benton County Daily Record)
2009
2009
NEW YORK----CIT Group Inc. , a leading commercial finance company, today announced that it has increased the size of its previously announced offer to exchange certain of its outstanding notes in response to the amount of tenders received during the early delivery period.
Stock index futures rose on Tuesday as investors followed Monday's market tumble with a search for beaten-down shares, and hopes for an auto industry bailout helped temper concerns over the deepening recession.
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