Judge places Hawaii resort under receivership (AP)
Circuit Judge Shackley Raffetto has placed the Maui Prince Hotel and Makena Resort under receivership. The request came from Wells Fargo Bank, the trustee for the mortgage lenders. It had the support of International Longshore and Warehouse Union Local 142, which represents most of the resort's workers. us.rd.yahoo.com |
Economist: City’s recovery will start next year
Atlanta is poised for an economic recovery starting in the second half of 2010, but the capital of the South faces a slow and difficult road ahead, according to the chief economist for one of the nation’s largest banks. feeds.bizjournals.com |
Goldman Sachs CEO Blankfein gives global women leaders award (at Fortune)
Goldman Sachs CEO Lloyd Blankfein was one of the few men in attendance Monday night for the opening of the Fortune Most Powerful Women Summit. He had a special role to play: Presenting $25,000 to each of the two recipients of this year’s Goldman Sachs-Fortune Global Women Leaders Award. us.rd.yahoo.com |
Nuance to buy SpinVox for $102.5m (at FT.com)
SpinVox, the troubled voice-to-text conversion company that had once been a rising star of the UK technology sector, has been sold to a US competitor for barely half the money ploughed into the business in recent years. us.rd.yahoo.com |
Get Into Intel, But Tell Jamie Dimon Not Now
Intel is a solid buy after beating earnings expectations but loan losses at JPM dim the fervor for owning Jamie's company. forbes.com |