Aug. 14 (Bloomberg) — Morgan Stanley and JPMorgan Chase & Co. agreed to buy back more than $7 billion in auction-rate securities and pay fines totaling $60 million, broadening Wall Street’s settlement of claims the debt was fraudulently sold.
The two banks, among the largest underwriters of auction- rate securities, agreed to buy back the debt [...]
“However, despite clear indications that this was a viable idea, especially after the feasibility study, it was always difficult to access funding from local financial institutions, and I had to shelve the project until recently when I obtained assistance from CEDA,” he said. He also called on government to work with local financial institutions to [...]
Nair, 55, told the audience of the hardships she endured while young, being married off at 17, only to meet with tougher times.
That did not put her off – she became a teacher and later secured a scholarship to do her masters in educational management from a British university.
She attributed her string of successes to [...]
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The Regional Business Centre offers free information, advice and counseling for anyone starting a small business or growing their business in the city of Sudbury.
Charbonneau’s business is scheduled to formally open in August but she is already overwhelmed by the interest in her product. Even though her business cards aren’t printed and her sign has [...]
Katie, who is a student at Anne Arundel Community College, came up with the idea for a sno-ball stand about two years ago when the Galesville Market closed down.
Katie said that she wanted to open the Shak last year, but couldn’t get her act together in time to make it happen. She said she wanted [...]
The teenage founder of a Covington, La.-based dance company received top honors this week at an annual awards ceremony that recognizes the nation’s best young female entrepreneurs.
Brandi Lynn Thomas of Ballroom by Brandi was awarded $10,000 as part of the 2008 Girls Going Places entrepreneurship program sponsored by Guardian Life Insurance. Thomas and other award [...]
The U.S. Small Business Administration has selected InnerCity Entrepreneurs to conduct the executive training aspect of SBA’s Emerging 200 initiative, a jobs and growth stimulation effort targeting 200 promising inner-city small businesses.
The SBA initiative focuses on small, poised-for-growth inner-city companies with potential for job creation. Research shows that small firms with fewer than 20 [...]
THE first ever East Africa Investment Conference designed to highlight the region’s business and investment potentials is expected to attract over 700 world leading business executives who will meet in a conference in Rwanda’s capital, Kigali.
Tanzania’s firms and government senior officials will join their colleagues from member countries of the enlarged East Africa Community (EAC) [...]
Around 30 students attended Camp e3 (energizing emerging entrepreneurs) last week and came up with those solutions when asked what kind of business they would start with $50,000 to improve the quality of life in Effingham County
“We had a strategic planning session in fall 2006, and we asked what the center should do for the [...]