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Europe Alleges Bid Rigging in Pentagon Defense Contract

The bidding for a Pentagon defense contract turned political this week when the French company EADS dropped out, accusing the U.S. of rigging the contest to favor Boeing

U.S. Economy: February Retail Sales "Surprisingly Good"

February retail sales rose 3.9%, the Commerce Department reported Friday. While analysts are encouraged, many remain cautious about the outlook for consumer spending

Despite Colbert, Is Kwedit's Virtual Credit the Future?

Any coverage should be good for an Internet start-up, right? Wrong. As Kwedit, a processor of online micropayments, found when The Colbert Report discussed their business model

Subprime Lending Crisis: Auto Loans Thrive, Housing Down

In the wake of the credit crisis, banks have scaled back lending to subprime borrowers. But other lenders have stepped in, making high-interest-rate loans to borrowers with low credit scores


UPDATE 1-Hanmi says uncertain of meeting capital requirements March 15 (Reuters) - Hanmi Financial Corp , which is under regulatory orders to raise capital, said it was uncertain if it would be able to do so, raising substantial doubts about its ability to continue as a going concern.
BearingPoint trustee sues Yale over naming rights NEW YORK, March 15 (Reuters) - The liquidating trustee of bankrupt consulting firm BearingPoint Inc has sued Yale University, claiming the company's deal to sponsor a prestigious MBA program never should have happened.
UPDATE 1-China Sunergy to buy two solar module cos for $47 mln * Says to acquire CEEG Solar Science, CEEG New Energy Co * Says deal to enhance downstream ops
UPDATE 1-Moody's, S&P may cut Phillips-Van Heusen ratings NEW YORK, March 15 (Reuters) - Moody's Investors Service and Standard & Poor's on Monday said they may cut their ratings on Phillips-Van Heusen , citing debt the apparel company will take on to fund its planned acquisition of fashion brand Tommy Hilfiger.

Luxury apartment tower advertised for foreclosure

An apartment tower in south Buckhead built by noted Atlanta condo developer Tivoli Properties Inc. is slated for a foreclosure auction next month.

Auditors cite underwriting issues in First Coweta failure

First Coweta Bank grew too fast and depended too heavily on residential real estate development loans, according to a federal audit of how the Newnan, Ga.-based $164 million-in-assets lender failed.

Cascade Bancorp lost $93.1M, plans stock split

Cascade Bancorp lost $93.1 million in 2009, improving on 2008’s $134.6 million loss, the bank holding company announced Monday. (CACB)

United Western Bancorp loses $40M in Q4

United Western Bancorp lost $40 million in the final quarter of 2009, as the bank struggled through a “very difficult” period, officials said on Monday. (UWBK)

Secret tips for car buyers

How to craft a (toothless) bipartisan bill

How IBM's analytics software saves lives

Become an exec-for-rent

Could mobile search be Bing's big breakthrough?

Apple iPad orders drop sharply

Health care reform's strange math

Happy 25th, dotcom. Time to grow up.

$642M to clean up Lehman

Warriors in the workplace