Kraft facing inquiry over Cadbury factory closure
US food giant, Kraft, is set to be investigated by the City takeover panel about whether it made misleading comments at the time of its takeover of British confectioner, Cadbury. Kraft, which made several hostile bids for Cadbury before shareholders finally agreed to a deal, initially said a takeover of Cadbury would secure UK jobs, while [...]

[ Published on : Tue, 09 Mar 2010 09:19 ]

Fed proposes limits on credit card penalty fees (AP)
AP - The Federal Reserve on Wednesday proposed strict limits on penalty fees and other charges that credit card companies can slap on customers for missteps such as late payments or going over credit limits.

[ Published on : Thu, 04 Mar 2010 04:51 ]

Caution: Stats May Be Slippery (BusinessWeek)
BusinessWeek - Peril permeates a steel mill. Molten metal explodes when exposed to water. Overhead cranes hoist steel coils weighing up to 80,000 pounds. Heavy vehicles roll within feet of high-voltage wires. We have a work environment that presents every hazard known to man, says Alan H. McCoy, vice-president and spokesman at AK Steel in West Chester, Ohio.

[ Published on : Tue, 16 Mar 2010 09:40 ]