HONG KONG (MarketWatch) — Japanese insurer Yamato Life Insurance Co. filed for bankruptcy protection from creditors Friday, reportedly becoming the first in the industry to do so in seven years. The insurer said recent declines in the value of its securities holdings had impaired its balance sheet, with liabilities exceeding assets by 11.49 billion yen [...]
WASHINGTON (AP) — Congress is putting the short-term future of renewable energy companies in jeopardy even as the presidential candidates and most lawmakers hail windmills, solar panels and biofuels as long-term solutions to high gasoline prices and global warming.
Some $500 million in investment and production tax credits will expire Dec. 31 unless Congress renews them. [...]
News Corp. drops Newsday bid: report
By Michael Kitchen, MarketWatch
Last Update: 1:15 PM ET May 10, 2008
News Corp. has pulled its bid for Newsday, according to a company spokesman
quoted in a Wall Street Journal report Saturday.
The move makes Cablevision Systems Corp. (CVC) the likely victor of the auction
for the Long Island daily, the report said.
News Corp. [...]
AMD’s chief technology officer stepping down
By Benjamin Pimentel, MarketWatch
Last Update: 3:10 PM ET Apr 11, 2008
SAN FRANCISCO (MarketWatch) — Advanced Micro Devices Inc.’s top technology
executive is leaving the chip giant, the company announced Friday.
Phil Hester, AMD’s (AMD) chief technology officer and senior vice president, is
stepping down Friday to pursue other opportunities, company spokesman Rob
Keosheyan said.
“It [...]
Stumble It!